Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 08-01-2021 , and ending 07-31-2022
Name of foundation
Strickland Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)2000 W First St RMSTE 604
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Winston Salem, NC27104
A Employer identification number

56-1900147
B Telephone number (see instructions)

(336) 723-1026
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$22,773,913J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 3 3  
4 Dividends and interest from securities... 517,620 517,620  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,945,024
b Gross sales price for all assets on line 6a 17,819,257
7 Capital gain net income (from Part IV, line 2)... 2,945,024
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,462,647 3,462,647 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 85,000 42,500 0 42,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,995 3,995 0 0
c Other professional fees (attach schedule).... Click to see attachment 47,518 47,518 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,603 3,251 0 3,252
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,127 1,486 0 641
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 158,243 98,750 0 46,393
25 Contributions, gifts, grants paid....... 1,206,005 1,206,005
26 Total expenses and disbursements. Add lines 24 and 25 1,364,248 98,750 0 1,252,398
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,098,399
b Net investment income (if negative, enter -0-) 3,363,897
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 982,915 1,985,696 1,985,696
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment723,708 700,054
b Investments—corporate stock (attach schedule)....... 14,785,764 Click to see attachment12,831,524 12,557,011
c Investments—corporate bonds (attach schedule)....... 3,000,000 Click to see attachment4,704,362 5,188,343
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,581,082 Click to see attachment2,202,873 2,342,809
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,349,764 22,448,163 22,773,913
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 20,349,764 22,448,163
29 Total net assets or fund balances (see instructions)..... 20,349,764 22,448,163
30 Total liabilities and net assets/fund balances (see instructions). 20,349,764 22,448,163
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
20,349,764
2
Enter amount from Part I, line 27a .....................
2
2,098,399
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,448,163
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
22,448,163
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a UBS Account Div Cap gain Dist P    
b Publicly traded securities P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 993,305     993,305
b 16,825,952   14,874,233 1,951,719
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       993,305
b       1,951,719
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,945,024
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 2,945,024
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 46,758
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 46,758
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 10,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1,277
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 38,035
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCynthia S Graham Telephone no.bullet (336) 723-1026

    Located atbullet2000 W First StWinston SalemNC ZIP+4bullet27104
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Elizabeth M Strickland President
    1.00     		0 0 0
    1244 Arbor Road Box 135
    Winston Salem,NC27104
    Robert EM Strickland Vice Pres
    1.00     		0 0 0
    10680 Encino Drive
    Oak View,CA93022
    Cynthia S Graham Exec Dir & Sec
    30.00     		85,000 0 0
    175 Warwick Green
    Winston Salem,NC27104
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,903,505
    b
    Average of monthly cash balances.......................
    1b
    2,151,623
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,917,639
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,972,767
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    25,972,767
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    389,592
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    25,583,175
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,279,159
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,279,159
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    46,758
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    46,758
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,232,401
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,232,401
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,232,401
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,232,401
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,247,435
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,252,398
    a Applied to 2020, but not more than line 2a 1,247,435
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 4,963
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,227,438
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Cynthia S Graham
    2000 W First Street Suite 604
    Winston Salem,NC27104
    (336) 723-1026
    none
    bThe form in which applications should be submitted and information and materials they should include:
    Unspecified
    cAny submission deadlines:
    Unspecified
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Unspecified
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Arts Council (The)
    251 North Spruce St
    Winston Salem,NC27101     		  PC Arts Support 10,000
    Forty Stage Company
    PO Box 17174
    Winston Salem,NC27116     		  PC Arts Support 1,000
    Fringe Benefits Alliance
    PO Box 691215
    Los Angeles,CA90069     		  PC Arts Support 2,000
    Little Theatre of Winston-Salem
    419 North Spruce Street
    Winston Salem,NC27101     		  PC Arts Support 1,500
    Piedmont Craftsmen
    601 North Trade Street
    Winston Salem,NC27101     		  PC Arts Support 7,000
    Reynolda House
    PO Box 7287
    Winston Salem,NC27109     		  PC Arts Support 4,000
    Sawtooth School for Visual Art
    251 North Spruce Street
    Winston Salem,NC27101     		  PC Arts Support 1,500
    SECCA
    750 Marguerite Drive
    Winston Salem,NC27106     		  PC Arts Support 2,500
    Spirit Gum Theatre Company
    949 Hutton Street
    Winston Salem,NC27101     		  PC Arts Support 1,000
    Triad Stage
    232 South Elm Street
    Greensboro,NC27401     		  PC Arts Support 30,000
    Winston-Salem Symphony
    201 N Broad St Ste 200
    Winston Salem,NC27101     		  PC Arts Support 2,000
    UNCSA Foundation Inc
    1533 South Main Street
    Winston Salem,NC27101     		  PC Arts Support 7,000
    Wilkes Art Gallery
    913 C Street
    N Wilkesboro,NC28659     		  PC Arts Support 2,600
    Winston-Salem Festival Ballet
    418 N Marshall St Ste301
    Winston Salem,NC27101     		  PC Arts Support 1,500
    Winston-Salem Theatre Alliance
    650 West Sixth Street
    Winston Salem,NC27101     		  PC Arts Support 1,500
    Animal Rescue & Foster Program
    PO Box 77393
    Greensboro,NC27417     		  PC Community Support 250
    Friends of East Bend Town Square
    108 West Main Street
    East Bend,NC27018     		  PC Community Support 6,805
    American Red Cross
    PO Box 21487
    Greensboro,NC27420     		  PC Community Support 10,000
    Animal Adoption & Rescue Foundation
    311 Harvey Street
    Winston Salem,NC27103     		  PC Community Support 10,500
    ASPCA
    PO Box 96929
    Washington,DC20077     		  PC Community Support 2,500
    Bethesda Center For The Homeless
    930 N Patterson Ave
    Winston Salem,NC27101     		  PC Community Support 4,000
    Big Brothers-Big Sisters of Forsyth Co
    200 South Marshall Street
    Winston Salem,NC27101     		  PC Community Support 6,500
    Carolina Poodle Rescue
    6705 Union Highway
    Pacolet,SC29372     		  PC Community Support 500
    The Catherine Fund
    PO Box 4547
    West Hills,CA91308     		  PC Community Support 2,500
    California State Parks Foundation
    33 New Montgomery St Ste 520
    San Francisco,CA94105     		  PC Community Support 2,000
    Children's Hope Alliance
    PO Box 1
    Barium Springs,NC28010     		  PC Community Support 2,000
    Children's Law Center
    102 West Third St Ste 470
    Winston Salem,NC27101     		  PC Community Support 10,000
    City of Burbank Fire Department
    311 East Orange Grove Avenue
    Burbank,CA91502     		  PC Community Support 2,000
    Crisis Control Ministries
    200 East 10th Street
    Winston Salem,NC27101     		  PC Community Support 15,000
    Dare Co Association of Fire Officers
    PO Box 535
    Nags Head,NC27959     		  PC Community Support 250
    Ebenezer Gardens Christian Childrens Home
    PO Box 2777
    N Wilkesboro,NC28659     		  PC Community Support 3,000
    Family Services Inc
    1200 South Broad Street
    Winston Salem,NC27101     		  PC Community Support 7,500
    Forsyth Humane Society
    4881 Country Club Road
    Winston Salem,NC27104     		  PC Community Support 2,500
    Fur-Ever Friends of NC
    PO Box 15742
    Winston Salem,NC27113     		  PC Community Support 1,500
    Gram Rescue Ranch
    380H Knollwood St Ste 406
    Winston Salem,NC27103     		  PC Community Support 1,000
    Hatteras Island Wildlife Rehabilitation
    PO Box 216
    Frisco,NC27936     		  PC Community Support 1,000
    Heal The Bay
    1444 Ninth Street
    Sanat Monica,CA90401     		  PC Community Support 2,000
    Hatteras Island Rescue Squad
    PO Box 639 48103 Highway 12
    Buxton,NC27920     		  PC Community Support 2,000
    HOPE of Winston-Salem Inc
    355 NW Crawford Place
    Winston Salem,NC27105     		  PC Community Support 4,000
    Humane Society of the United States
    1255 23rd St NW Ste 450
    Washington,DC20037     		  PC Community Support 2,500
    Humane Society of Ventura County
    PO Box 297
    Ojai,CA93024     		  PC Community Support 1,000
    Million Kids
    PO Box 7295
    Riverside,CA92513     		  PC Community Support 2,000
    Ronald McDonald House
    419 S Hawthorne Road
    Winston Salem,NC27103     		  PC Community Support 2,000
    Salemtowne
    1000 Salemtowne Drive
    Winston Salem,NC27106     		  PC Community Support 1,000
    Salvation Army (The)
    PO Box 1205
    Winston Salem,NC27102     		  PC Community Support 3,000
    Samaritan Ministries
    414 East Northwest Blvd
    Winston Salem,NC27105     		  PC Community Support 10,500
    Second Harvest Food Bank of NWNC
    3655 Reed Street
    Winston Salem,NC27199     		  PC Community Support 50,000
    Shepherd's Center of Greater W-S
    1700 Ebert Street
    Winston Salem,NC27103     		  PC Community Support 3,000
    Special Olympics of NC
    PO Box 27728
    Raleigh,NC27611     		  PC Community Support 100
    Surfrider Foundation
    PO Box 73550
    San Celemente,CA92673     		  PC Community Support 2,000
    TROSA
    1820 James Street
    Durham,NC27707     		  PC Community Support 10,000
    Winston-Salem Police Foundation
    PO Box 24011
    Winston Salem,NC27114     		  PC Community Support 1,250
    United Way
    301 North Main Street Suite 1700
    Winston Salem,NC27101     		  PC Community Support 15,000
    Winston-Salem Rescue Mission
    PO Box 595
    Winston Salem,NC27102     		  PC Community Support 3,000
    Ventura County Fire Department
    15 Kunkle Street
    Ojai,CA93022     		  PC Community Support 2,000
    Winston-Salem Crime Stoppers
    PO Box 1707
    Winston Salem,NC27102     		  PC Community Support 500
    Winston-Salem Foundation (The)
    751 West Fourth St Ste 200
    Winston Salem,NC27101     		  PC Community Support 2,000
    Crossnore Communities for Children
    1001 Reynolda Road
    Winston Salem,NC27104     		  PC Community Support 310,000
    Senior Services
    2895 Shorefair Drive
    Winston Salem,NC27105     		  PC Community Support 52,500
    Catherine H Barber Memorial Shelter
    PO Box 52
    N Wilkesboro,NC28659     		  PC Community Support 500
    High Point University
    833 Montlieu Avenue
    Ghigh Point,NC27262     		  PC Community Support 10,000
    BBB Wise Giving Alliance
    PO Box 1753
    Merrifield,NC22116     		  PC Education 250
    BOOKMARKS
    634 West Fourth St 110
    Winston Salem,NC27101     		  PC Education 1,000
    Centers for Exceptional Children (The)
    2315 Coliseum Drive
    Winston Salem,NC27105     		  PC Education 2,500
    Thomas Cooley Law School
    300 South Capitol Avenue
    Lansing,MI48933     		  PC Education 500
    Emory University
    1762 Clifton RdNE Ste1400
    Atlanta,GA30322     		  PC Education 16,000
    Exponent Philanthropy
    Exponent Philanthropy PO Box 65607
    Washington,DC20035     		  PC Education 1,600
    Forsyth Tech Foundation
    2100 Silas Creek Parkway
    Winston Salem,NC27103     		  PC Education 1,000
    Junior Achievement
    3220 Northline Avenue
    Greensboro,NC27408     		  PC Education 1,000
    Madeira School (The)
    8328 Georgetown Pike
    McLean,VA22102     		  PC Education 1,000
    myFutureNC Inc
    PO Box 26246
    Raleigh,NC27611     		  PC Education 30,000
    NC Network of Grantmakers
    3737 Glenwood Ave Ste 460
    Raleigh,NC27612     		  PC Education 1,500
    Old Salem Museums & Gardens
    600 South Main Street
    Winston Salem,NC27101     		  PC Education 3,000
    Princeton U Friends of Triangle
    PO Box 5357
    Princeton,NJ08543     		  PC Education 100
    Princeton Prospect FdtnTower Fund
    PO Box 8628
    Princeton,NJ08543     		  PC Education 200
    Princeton University
    PO Box 5357
    Princeton,NJ08543     		  PC Education 1,000
    Project Impact
    751 West Fourth St Ste 200
    Winston Salem,NC27101     		  PC Education 10,000
    Quantum Futures Group Inc
    295 Scratch Branch Rd
    Otto,NC28763     		  PC Education 5,000
    Take the Lead North Carolina
    703 Coliseum Plaza Court
    Winston Salem,NC27106     		  PC Education 2,000
    PBS North Carolina
    PO Box 600067
    Raleigh,NC27675     		  PC Education 500
    Wilkes County Board of Education
    613 Cherry Street
    N Wilkesboro,NC28659     		  PC Education 1,000
    WE Team Youth Services Inc
    415 West Clemmonsville Rd
    Winston Salem,NC27127     		  PC Education 750
    High Point University
    833 Montlieu Avenue
    High Point,NC27262     		  PC Education 3,000
    Wilkes Community College Foundation
    PO Box 120
    Wilkesboro,NC28697     		  PC Education 276,000
    Winston-Salem Street School
    630 W 6th Street Ste 101
    Winston Salem,NC27101     		  PC Education 1,750
    Arthritis Foundation
    PO Box 96280
    Washington,NC20090     		  PC Public Health 250
    National MS Society
    2211 W Meadowview Rd Ste 30
    Greensboro,NC27407     		  PC Public Health 1,000
    AARP Foundation
    PO Box 93207
    Long Beach,CA90809     		  PC Public Health 200
    Alzheimer's Association
    4600 Park Rd Ste 250
    Charlotte,NC28209     		  PC Public Health 500
    Alzheimer's Disease Research
    22512 Gateway Center Drive
    Clarksburg,MD20871     		  PC Public Health 250
    American Diabetes Association
    PO Box 7017
    Merrifield,VA22116     		  PC Public Health 250
    American Red Cross
    PO Box 21487
    Greensboro,NC27420     		  PC Public Health 10,000
    Cancer Services Inc
    3175 Maplewood Avenue
    Winston Salem,NC27103     		  PC Public Health 2,000
    Community Counseling & Education Ctr
    923 Olive Street Suite 1
    Santa Barnara,CA93101     		  PC Public Health 3,000
    Community Care Center
    2135 New Walkertown Road
    Winston Salem,NC27101     		  PC Public Health 50,000
    Duke Heart Center
    710 West Main St Ste 200
    Durham,NC27701     		  PC Public Health 7,500
    Easter Seals
    5171 Glenwood Ave Ste211
    Raleigh,NC27690     		  PC Public Health 250
    Feed the Children
    PO Box 36
    Oklahoma City,OK73101     		  PC Public Health 1,000
    Mental Health Association of Forsyth Co
    1509 S Hawthorne Road
    Winston Salem,NC27103     		  PC Public Health 3,000
    MD Anderson Cancer Center
    PO Box 4464
    Houston,TX77210     		  PC Public Health 2,500
    Trellis Supportive Care Foundation
    101 Hospice Lane
    Winston Salem,NC27103     		  PC Public Health 1,000
    UNICEF USA
    PO Box 96964
    Washington,DC20090     		  PC Public Health 2,000
    Mayo Foundation
    200 First St SW
    Rochester,MN55905     		  PC Public Health 10,000
    WFU Baptist Medical Center
    Crowder Medical Center Boulevard
    Winston Salem,NC27199     		  PC Public Health 5,000
    Wilkes Health Foundation
    PO Box 667
    N Wilkesboro,NC28659     		  PC Public Health 5,000
    Wilkes Recovery Revolution Inc
    PO Box 893
    N Wilkesboro,NC28659     		  PC Public Health 10,000
    Agricultural Development Initiatives Inc
    PO Box 32
    Pfafftown,NC27040     		  PC Public Health 2,000
    St Paul's Episcopal Church
    520 Summit Street
    Winston Salem,NC27101     		  PC Religious Support 2,500
    Buxton United Methodist Church
    PO Box 672
    Buxton,NC27920     		  PC Religious Support 2,500
    Centenary United Methodist Church
    646 West Fifth Street PO Box 658
    Winston Salem,NC27102     		  PC Religious Support 25,250
    Christ Episcopal Church
    PO Box 1558
    Ponte Vedra Beach,FL32004     		  PC Religious Support 2,000
    Joel Osteen Ministries
    PO Box 4271
    Houston,TX77210     		  PC Religious Support 2,500
    SE Old Johnsonville Cemetery Organization
    PO Box 173 Hemingway
    Heminway,SC29554     		  PC Religious Support 150
    UMAR
    5350 77 Center Drive Ste 201
    Charlotte,NC28217     		  PC Religious Support 2,500
    Saint Paul's Episcopal Church
    PO Box 95
    Wilkesboro,NC28697     		  PC Religious Support 12,600
    Arbor Acres
    1240 Arbor Road
    Winston Salem,NC27104     		  PC Religious Support 10,000
    World Vision
    PO Box 70399
    Tacoma,WA98481     		  PC Religious Support 400
    Goodly Frame Theatre Company
    3602 Maudan Court
    Greensboro,NC27406     		  PC Arts Support 5,000
    Arts
    PO Box 32757
    Charlotte,NC28232     		  PC Arts Support 5,000
    Total .................................bullet 3a 1,206,005
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 3  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,945,024  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 3,462,647 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,462,647
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Crouch Joslyn PLLC tax prep 3,995 3,995 0 0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Lincoln National Annuity 3,000,000 3,510,742
    Marsh & Mclennan 4.05% 204,862 200,796
    Wells Fargo & Co STEP 299,865 296,680
    GM 4% 299,715 299,787
    BofA 4% 249,890 249,368
    Goldman Sachs 3% 300,015 279,016
    Goldman Sachs 5% 350,015 351,954

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC 294,551 310,854
    AIRBNB INC 338,382 327,946
    ALPHABET INC. 464,930 443,232
    AMAZON.COM INC 522,560 566,790
    APPLE INC 453,506 487,530
    AVANTOR INC 308,345 272,643
    BANK OF AMERICA CORP 326,273 310,207
    BERKSHIRE HATHAWAY 341,376 321,642
    BOSTON SCIENTIFIC CO 312,049 323,474
    CENTENE CORP 289,140 328,649
    CONSTELLATION BRAND 296,915 301,730
    COSTCO WHOLESALE CO 344,341 335,606
    GOODYEAR TIRE RUBBER 342,797 311,175
    GREEN BRICK PARTNERS 253,683 294,800
    HONEYWELL INTL INC 323,988 330,069
    HUNTSMAN CORP 347,036 297,998
    INTUITIVE SURGICAL 444,973 402,798
    JPMORGAN CHASE & CO 246,492 230,720
    LENNAR CORP 250,142 267,750
    LILLY ELI & CO 272,053 296,721
    LIVE OAK BANCSHARES INCO 543,784 451,680
    MARVELL TECHNOLOGY INC 351,012 357,466
    MICRON TECHNOLOGY 359,100 311,155
    MICROSOFT CORP 487,894 505,332
    NU HOLDINGS LTD 305,692 316,171
    NVIDIA CORP 374,277 346,005
    PALANTIR TECHNOLOGIES IN 315,270 310,500
    PAYPAL HOLDINGS INCORPOR 303,522 252,668
    PEPSICO INC 302,028 306,180
    PHILLIPS 66 240,056 258,100
    RAYTHEON TECHNOLOGIES CO 262,563 245,142
    RIO TINTO PLC 250,786 202,925
    ROPER TECHNOLOGIES 320,244 320,952
    SALESFORCE INC 249,312 220,824
    SIGNATURE BANK 250,183 215,261
    SKYWORKS SOLUTIONS 248,182 250,424
    TEXTRON INC 310,075 311,462
    TOTALENERGIES SE 287,398 303,296
    UNITEDHEALTH GRP INC 296,614 309,134

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    723,708
    State & Local Government Securities - End of Year Fair Market Value:


    700,054


    TY 2021 InvestmentsOtherSchedule2
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Transameric Life Annuity FMV 1,581,082 1,770,462
    CHARLES SCHWAB US MC FMV 302,880 276,800
    IRON MTN INC NEW FMV 318,911 295,547

    TY 2021 OtherAssetsSchedule
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    round 3    


    TY 2021 OtherExpensesSchedule
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Dues and subscriptions 711 711 0 0
    Office supplies 1,283 642 0 641
    Bank service charge 69 69 0 0
    Postage 64 64 0 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Brokerage management fees UBS 45,738 45,738 0 0
    Tech maintenance 1,100 1,100 0 0
    Payroll processing 680 680 0 0


    TY 2021 TaxesSchedule
    Name:
    Strickland Family Foundation
    EIN:
    56-1900147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 2020 prepaid 3,100 0 0 0
    Excise tax 2021 prepaid 10,000 0 0 0
    Payroll taxes 6,503 3,251 0 3,252