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 01-01-2021 , and ending 12-31-2021
Name of foundation
THE AL STROOBANTS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3831 OLD FOREST ROAD STE 6
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LYNCHBURG, VA24501
A Employer identification number

20-5860939
B Telephone number (see instructions)

(434) 525-3219
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$40,431,848J 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) 188,807
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 492,272 492,272  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,803,414
b Gross sales price for all assets on line 6a 3,100,700
7 Capital gain net income (from Part IV, line 2)... 1,803,414
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)....... Click to see attachment 133,334 133,334  
12 Total. Add lines 1 through 11........ 2,617,827 2,429,020  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 19,253 0   19,253
15 Pension plans, employee benefits....... 1,473 0   1,473
16a Legal fees (attach schedule)......... Click to see attachment 16,475 0   16,475
b Accounting fees (attach schedule)....... Click to see attachment 24,310 0   24,310
c Other professional fees (attach schedule).... Click to see attachment 160,723 158,723   2,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 3,410 0   3,410
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 95,260 88,334   6,190
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 320,904 247,057   73,111
25 Contributions, gifts, grants paid....... 1,812,645 1,812,645
26 Total expenses and disbursements. Add lines 24 and 25 2,133,549 247,057   1,885,756
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 484,278
b Net investment income (if negative, enter -0-) 2,181,963
c Adjusted net income (if negative, enter -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............. 1,597,092 330,883 330,883
2 Savings and temporary cash investments......... 532,046 305,460 305,460
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) bullet43,002
Less: allowance for doubtful accounts bullet0 63,002 Click to see attachment43,002 43,002
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 151,742 Click to see attachment51,219 56,413
b Investments—corporate stock (attach schedule)....... 16,666,951 Click to see attachment17,163,667 24,400,539
c Investments—corporate bonds (attach schedule)....... 4,951,552 Click to see attachment5,482,660 5,778,617
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,886,075 Click to see attachment7,254,454 9,516,934
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,848,460 30,631,345 40,431,848
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) Click to see attachment11,737 Click to see attachment344
23 Total liabilities (add lines 17 through 22)......... 11,737 344
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 29,836,723 30,631,001
29 Total net assets or fund balances (see instructions)..... 29,836,723 30,631,001
30 Total liabilities and net assets/fund balances (see instructions). 29,848,460 30,631,345
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
29,836,723
2
Enter amount from Part I, line 27a .....................
2
484,278
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
310,000
4
Add lines 1, 2, and 3 ..........................
4
30,631,001
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
30,631,001
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 PUBLICLY TRADED SECURITIES      
b PASSTHROUGH K-1 CAPITAL GAIN P    
c CAPITAL GAINS DIVIDENDS P    
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 2,143,808   1,297,286 846,522
b 595,264     595,264
c 361,628     361,628
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       846,522
b       595,264
c       361,628
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 1,803,414
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  
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 30,329
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 30,329
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 388
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,283
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet9,283 RefundedBullet 11 0
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)
    bulletVA
    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 ofbulletTHE ORGANIZATION Telephone no.bullet (434) 525-3219

    Located atbullet3831 OLD FOREST RD STE 6LYNCHBURGVA ZIP+4bullet24501
    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)
    Yes
     
    (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
    Yes
     
    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
    RODGER FAUBER PRESIDENT/DIRECTOR
    2.00     		0 0 0
    1423 TRENTS FERRY ROAD
    LYNCHBURG,VA24503
    C MICHAEL VALENTINE VICE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    1487 LANGHORNE ROAD
    LYNCHBURG,VA24503
    CARL MILKO DIRECTOR
    1.00     		0 0 0
    6155 COPPER CIRCLE
    ROANOKE,VA24019
    MICHAEL SPENCER SEC/TREASURER/DIRECTOR
    1.00     		0 0 0
    108 BROOK RIDGE PLACE
    FOREST,VA24551
    DARRYL WHITESELL DIRECTOR
    1.00     		0 0 0
    POST OFFICE BOX 34
    GLADYS,VA24554
    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
    BROWN BROTHERS HARRIMAN INVESTMENT MANAGEMENT 102,240
    227 WEST TRADE STREET STE 2100
    CHARLOTTE,NC28202
    ALEX BROWN INVESTMENT MANAGEMENT 56,393
    100 NORTH MAIN STREET STE 2400
    WINSTONSALEM,NC27101
    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
    38,308,592
    b
    Average of monthly cash balances.......................
    1b
    2,084,663
    c
    Fair market value of all other assets (see instructions)................
    1c
    43,002
    d
    Total (add lines 1a, b, and c).........................
    1d
    40,436,257
    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
    40,436,257
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    606,544
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    39,829,713
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,991,486
    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
    1,991,486
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    30,329
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    30,329
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,961,157
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    310,000
    5
    Add lines 3 and 4............................
    5
    2,271,157
    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
    2,271,157
    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 2,271,157
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 12,283
    b From 2017...... 24,080
    c From 2018...... 37,305
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 73,668
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,885,756
    a Applied to 2020, but not more than line 2a 0
    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..... 1,885,756
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 73,668 73,668
    (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 ..........     		311,733
    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:
    RODGER FAUBER
    3831 OLD FOREST ROAD STE 6
    LYNCHBURG,VA24501
    (434) 525-3219
    bThe form in which applications should be submitted and information and materials they should include:
    VARIES - NO SET FORMAT
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    DEPENDS ON PURPOSE
    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
    AMAZEMENT SQUARE
    27 9TH ST
    LYNCHBURG,VA24504     		N/A PC SUPPORT FOR STEAM-BASED TRAVELING EXHIBITION 45,000
    AMERICAN RED CROSS BLUE RIDGE CHAPTER
    3700 CANDLERS MOUNTAIN ROAD SUITE 7
    LYNCHBURG,VA24502     		N/A PC BLOOD SERVICES 25,000
    AMERICAN RED CROSS BLUE RIDGE CHAPTER
    3700 CANDLERS MOUNTAIN ROAD SUITE 7
    LYNCHBURG,VA24502     		N/A PC DISASTER RELIEF 50,000
    ARC OF CENTRAL VIRGINIA
    1508 BEDFORD AVE
    LYNCHBURG,VA24504     		N/A PC SCHOLARSHIPS TO CAMP MEADOWLARK 20,000
    BEDFORD AREA FAMILY YMCA
    1111 TURNPIKE RD
    BEDFORD,VA24523     		N/A PC CHILDCARE CENTER ON SITE 150,000
    BEDFORD URBAN GARDEN INC
    PO BOX 1435
    BEDFORD,VA24523     		N/A PC MATERIALS AND INSTALLATION OF 2 FENCES 12,300
    BIG BROTHER BIG SISTER OF CENTRAL VIRGINIA
    2901 LANGHORNE RD
    LYNCHBURG,VA24501     		N/A PC PROGRAM SUPPORT 20,000
    BOYS & GIRLS CLUB OF GREATER LYNCHBURG
    1101 MADISON STREE5
    LYNCHBURG,VA24504     		N/A PC HEALTHY LIFE CHOICES PROGRAM SUPPORT 10,000
    BROOK HILL RETIREMENT CENTER FOR HORSES INC
    7289 BELLEVUE RD
    FOREST,VA24551     		N/A PC PROGRAM SUPPORT 45,000
    BROOKVILLE TIMBERLAKE VOLUNTEER FIRE DEPT
    3640 WATERLICK RD
    FOREST,VA24551     		N/A PC ASSISTANCE WITH PURCHASE OF AERIAL LADDER TRUCK 100,000
    CAMPBELL COUNTY EDUCATIONAL FOUNDATION
    684 VILLAGE HWY
    RUSTBURG,VA24588     		N/A PC SUPPLIES FOR HIGH SCHOOL SENIORS ENROLLED 7,500
    CASA OF CENTRAL VIRGINIA
    PO BOX 11373
    LYNCHBURG,VA24506     		N/A PC ASSISTANCE WITH ORGANIZATIONAL BUDGET 20,000
    CENTRAL VIRGINIA ALLIANCE FOR COMMUNITY LIVING
    PO BOX 1390
    LYNCHBURG,VA24505     		N/A PC SUPPORT FOR COMMUNITY EDUCATION ROOM AUDIOVISUAL PROJECT 6,000
    CHALLENGED SPORTS EXCHANGES INC
    21104 TIMBERLAKE RD
    LYNCHBURG,VA24502     		N/A PC ONGOING PROGRAM SUPPORT 20,000
    CHILDREN'S ASSISTIVE TECHNOLOGY SERVICE
    12801 MONETA RD
    MONETA,VA24121     		N/A PC REPLACEMENT PARTS TO REPAIR & REFURBISH EQUIPMENT 10,000
    CITY OF LYNCHBURG POLICE FOUNDATION
    805 COURT ST
    LYNCHBURG,VA24504     		N/A PC SCHOLARSHIP FOR ONE OFFICE TO ATTEND A LEADERSHIP PROGRAM 11,250
    COALITION FOR HIVE AWARENESS & PREVENTION OF CENTRAL VA
    PO BOX 161
    LYNCHBURG,VA24505     		N/A PC SUPPORT FOR TESTING SUPPLIES AND ADVERTISING 2,500
    DEPAUL COMMUNITY RESOURCES
    5650 HOLLINS RD
    ROANOKE,VA24019     		N/A PC SUPPORT FOR CARE OF FOSTER CHILDREN AND FAMLIIES 8,000
    ENDSTATION THEATRE COMPANY
    2500 RIVERMONT AVE
    LYNCHBURG,VA24503     		N/A PC SUPPORT FOR EMBARK! PROGRAM 15,000
    EVINGTON VOLUNTEER FIRE DEPARTMENT
    PO BOX 7
    EVINGTON,VA24550     		N/A PC SUPPORT FOR EMERGENCY-MEDICAL AND FIRE SERVICES 200,000
    FOOD FOR KIDS
    PO BOX 674
    BEDFORD,VA24523     		N/A PC FOOD ITEMS FOR CHILDREN IN 4 BEDFORD COUNTY ELEMENTARY SCHOOLS 10,000
    FREE CLINIC OF CENTRAL VIRGINIA
    1016 MAIN STREET
    LYNCHBURG,VA24504     		N/A PC TO FUND A PORTION OF THE COSTS TO HIRE A DENTIST 20,000
    FRIENDS OF BEDFORD HOSPICE HOUSE INC
    PO BOX 985
    BEDFORD,VA24523     		N/A PC ONGOING PROGRAM SUPPORT 5,000
    GREATER LYNCHBURG COMMUNITY FOUNDATION
    1100 COMMERCE ST
    LYNCHBURG,VA24504     		N/A PC SUPPORT TO ENCOURAGE NONPROFIT VOLUNTEERISM IN OUR AREA 5,000
    JUBILEE FAMILY DEVELOPMENT CENTER
    1512 FLORIDA AVE
    LYNCHBURG,VA24501     		N/A PC SUPPORT FOR THE JUBILEE PAVING PROJECT 30,000
    KIDS' HAVEN
    325 12TH STREET
    LYNCHBURG,VA24504     		N/A PC CONTINUED SUPPORT FOR THE WARM LINE FOR GRIEVING CHILDREN 10,000
    LEBANON UNITED METHODIST CHURCH
    NEW LONDON RD
    LYNCHBURG,VA24551     		N/A PC CEMETARY MAINTENANCE 2,000
    LYNCHBURG BEACON OF HOPE
    915 COURT ST
    LYNCHBURG,VA24504     		N/A PC TO SUPPORT BEACON OF HOPE'S OFFICE OF COLLEGE SUCCESS 100,000
    LYNCHBURG CITY SCHOOLS EDUCATION FND INC
    915 COURT ST
    LYNCHBURG,VA24504     		N/A PC DOLLY PARTON IMAGINATION LIBRARY 15,000
    LYNCHBURG CITY SCHOOLS EDUCATION FND INC
    915 COURT ST
    LYNCHBURG,VA24504     		N/A PC STROOBANTS SCHOLARSHIP FUNDS 52,000
    LYNCHBURG DAILY BREAD
    721 CLAY ST
    LYNCHBURG,VA24504     		N/A PC SUPPORT PURCHASE OF VITAL CLEANING AND SERVING SUPPLIES 20,000
    LYNCHBURG GROWS
    PO BOX 12039
    LYNCHBURG,VA24506     		N/A PC TO SUPPORT THE FARM COACH PROGRAM 50,000
    LYNCHBURG HUMANE SOCIETY
    1211 OLD GRAVES MILL RD
    LYNCHBURG,VA24502     		N/A PC SUPPORT TO REPLACE OUTDATED AND BROKEN MEDICAL EQUIPMENT 30,000
    LYNCHBURG SHELTERED INDUSTRIES INC
    PO BOX 105905
    LYNCHBURG,VA24506     		N/A PC TO SUPPORT REPLACEMENT OF SMOKE DETECTOR SYSTEM 15,000
    MEALS ON WHEELS OF GREATER LYNCHBURG
    PO BOX 1388
    LYNCHBURG,VA24505     		N/A PC ONGOING PROGRAM SUPPORT 25,000
    NEW VISTAS SCHOOL
    520 ELDON STREET
    LYNCHBURG,VA24501     		N/A PC TO SUPPORT NEW PLAYGROUND EQUIPMENT 54,000
    ONE COMMUNITY ONE VOICE
    PO BOX 1253
    LYNCHBURG,VA24505     		N/A PC TO SUPPORT BUILDING OUR COMMUNITY TOGETHER PROGRAM PARTNERING 7,500
    PARK VIEW COMMUNITY MISSION
    2420 MEMORIAL AVE
    LYNCHBURG,VA24501     		N/A PC TO SUPPORT GENERAL OPERATING EXPENSES 100,000
    PATRICK HENRY FAMILY SERVICES
    1621 ENTERPRISE DR
    LYNCHBURG,VA24502     		N/A PC SUPPORT FOR HOPE FOR TOMORROW COUNSELING SERVICES 8,000
    RANDOLPH COLLEGE
    2500 RIVERMONT AVE
    LYNCHBURG,VA24503     		N/A PC SUPPORT FOR 2022 SCIENCE FESTIVAL 5,000
    RUSH HOMES
    1721 MONSVIEW PLACE
    LYNCHBURG,VA24504     		N/A PC SUPPORT FOR PURCHASE OF WORK VAN 30,000
    SML GOOD NEIGHBORS
    PO BOX 2
    MONETA,VA24121     		N/A PC SUPPORT FOR SUMMER ENRICHMENT CAMPS 13,155
    SWEET BRIAR COLLEGE
    134 CHAPEL RD
    SWEET BRIAR,VA24595     		N/A PC FULL TUITION FOR TWO LOCAL DESERVING INCOMING 1ST YEAR STUDENTS 44,240
    THE LEGACY PROJECTLEGACY MUSEUM
    403 MONROE ST
    LYNCHBURG,VA24504     		N/A PC TO SUPPORT REPAIRS TO THE MUSEUM 10,000
    THE SALVATION ARMY OF LYNCHBURG
    2201 PARK AVE
    LYNCHBURG,VA24501     		N/A PC ONGOING PROGRAM SUPPORT 10,000
    THE SEDALIA CENTER
    1108 SEDALIA SCHOOL RD
    BIG ISLAND,VA24526     		N/A PC ONGOING PROGRAM SUPPORT FOR HISTORY PROJECT 14,200
    THE UP FOUNDATION
    2420 MEMORIAL AVENUE
    LYNCHBURG,VA24501     		N/A PC ONGOING PROGRAM SUPPORT FOR PROGRAMS AND SERVICES 25,000
    VECTOR SPACE
    402 FIFTH ST
    LYNCHBURG,VA24504     		N/A PC TO ASSIST WITH PURCHASE OF A BUILDING FOR LONG-TERM HOME 50,000
    VIRGINIA LEGAL AID SOCIETY INC
    513 CHURCH ST
    LYNCHBURG,VA24504     		N/A PC TO SUPPORT HOUSING IMPROVEMENT AND PROTECTION PROGRAM 25,000
    YMCA OF CENTRAL VA
    801 WYNDHURST DR
    LYNCHBURG,VA24502     		N/A PC SUPPORT FOR THE TRANSFORMATION AND EXPANSION PROGRAMS 250,000
    Total .................................bullet 3a 1,812,645
    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 ...........     		         
    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 1,803,414  
    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 2,429,020 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,429,020
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE AL STROOBANTS FOUNDATION
     
    Employer identification number

    20-5860939
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE AL STROOBANTS FOUNDATION
          		Employer identification number
    20-5860939
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ALPHONSE STROOBANTS REVOCABLE TRUST
     
    3831 OLD FOREST ROAD STE 6
     
    LYNCHBURG, VA24501

    		$ 188,807


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE AL STROOBANTS FOUNDATION
          		Employer identification number

    20-5860939
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE AL STROOBANTS FOUNDATION
          		Employer identification number

    20-5860939
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RETURN PREP AND TAX COMPLIANCE 24,310 0   24,310

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ANHEUSER-BUSCH COMPANIES, INC. 56,784 60,998
    APPLE INC. NTS 50,087 54,298
    BARINGS LOAN SUB TRUST BBH WS SERIES 1 405,457 498,926
    BBH INCOME FUND-I 1,485,303 1,562,003
    BBH LIMITED DURATION FUND CL I 2,724,115 2,770,340
    BELLSOUTH TELECOMMUNICATIONS, INC. DUE 10/01/2025 16,018 17,403
    CHEVRON CORPORATION NTS DUE 11/17/2025 51,258 53,382
    CHUBB INA HOLDINGS INC DEBENTURE 60,896 69,755
    DOMINION ENERGY INC NTS 49,924 55,765
    EMERSON ELECTRIC CO. NTS 58,475 65,699
    GENERAL ELECTRIC COMPANY MTN ISIN DUE 08/15/2026 52,526 54,032
    LEGG MASON INC NTS 50,652 56,050
    MCCORMICK & COMPANY, INCORPORATED NTS DUE 11/15/2025 37,584 39,054
    MEDTRONIC, INC. NTS ISIN DUE 03/15/2025 34,830 36,213
    MERCK SHARP & DOHME CORP DUE 01/01/2026 30,814 32,829
    SOUTHERN POWER COMPANY NTS DUE 12/01/2025 75,218 81,603
    THE DOW CHEMICAL COMPANY 89,530 100,991
    UNITED HEALTH GROUP INCORPORATED 51,358 55,770
    WELLS FARGO & COMPANY MTN 4.3000% DUE 07/22/2027 50,691 55,740
    WHIRLPOOL CORPORATION 51,140 57,766

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 86,650 99,362
    ABBOTT LABS 21,245 70,370
    AIR PRODUCTS & CHEMICALS INCORPORATED 21,462 45,639
    ALCON INC COM STK 118,602 203,512
    ALLSTATE CORPORATION 21,850 26,471
    ALPHABET INC CL C 24,795 231,487
    ALPHABET INCORPORATED CAP STK CLASS A 32,123 101,396
    AMAZON COM INCORPORATED 28,196 50,015
    AMAZON.COM INC 176,732 186,723
    AMCAP FUND CLASS F2 - AMERICAN FUNDS N/L 403,764 640,152
    AO SMITH CORP COM STK 41,274 80,012
    APPLE INCORPORATED 21,231 110,981
    ARTHUR J GALLAGHER & CO 134,352 249,754
    BAXTER INTERNATIONAL INCORPORATED 100,442 112,622
    BBH PARTNER FUND - INTERNATIONAL EQUITY 483,858 585,857
    BBH WEALTH STRATEGIES UNIT TRUST - CALEDONIA 650,000 738,421
    BERKSHIRE HATHAWAY INC-CL B 54,343 202,722
    BEST BUY INCORPORATED 26,422 30,480
    BLACKROCK HIGH YIELD BOND FUND INST CLASS 371,353 380,474
    BLACKROCK INCORPORATED 33,472 77,823
    BLACKROCK LOW DURATION BOND PORT INST CLASS 1,070,549 1,069,069
    BOOKING HOLDINGS INC COM STK 67,553 88,772
    BRAEMONT PARTNERS SUB-TRUST-BBH WS 3,830 3,830
    BROADCOM INCORPORATED 25,940 66,541
    BROWN-FORMAN CORP CLASS B 76,100 117,232
    CELANESE CORP SERIES A 31,119 102,349
    CHUBB LIMITED 27,134 38,662
    CISCO SYSTEMS INCORPORATED 23,052 45,943
    CME GROUP INCORPORATED COM CLASS A 24,201 46,834
    COLGATE PALMOLIVE CO 78,448 104,627
    COMCAST CORPORATION NEW CLASS A 29,861 35,231
    COPART INC COM STK 74,041 220,455
    COSTCO WHOLESALE CORP 56,497 138,519
    DARDEN RESTAURANTS INCORPORATED 25,503 25,609
    DELAWARE EMERGING MERKETS INST CLASS 134,159 175,805
    DEVON ENERGY CORPORATION 24,810 37,443
    DIAGEO PLC - SPONSORED ADR 29,211 64,501
    DIAMOND HILL LARGE CAP FUND CLASS I 364,133 508,737
    DODGE COX INCOME FUND 810,095 825,274
    DODGE & COX INTERNATIONAL STOCK FUND 489,634 565,501
    DODGE & COX STOCK FUND N/L 763,007 1,030,862
    DOLLAR GENERAL CORP COM STK 43,423 101,171
    EATON CORPORATION PLC SHS (IRELAND) 18,944 51,846
    EDWARDS LIFESCIENCES CORPORATION 42,994 64,775
    EQUINIX INCORPORATED REIT 17,444 33,834
    FIRST EAGLE OVERSEAS FUND CLASS I N/L 636,968 682,198
    GRACO INC COMMON STOCK 64,289 74,170
    HOME DEPOT INCORPORATED 26,619 72,627
    HONEYWELL INTERNATIONAL INCORPORATED 33,211 41,702
    INTERCONTINENTAL EXCHANGE INCORPORATED 31,123 41,031
    ISHARES TR CORE S&P SCP ETF 306,653 472,010
    ISHARES TR RUS 1000 GRW ETF 381,233 1,002,641
    ISHARES TR RUS 1000 VAL ETF 604,067 888,686
    ISHARES TR S&P 500 GRWT ETF 384,576 985,800
    ISHARES TR S&P 500 VAL ETF 590,298 898,586
    JOHNSON & JOHNSON 28,332 40,201
    JPMORGAN CHASE & COMPANY 40,223 71,258
    JPMORGAN LARGE CAP GROWTH FUND SELECT CLASS 683,544 1,058,154
    JPMORGAN MID CAP VALUE FUND SELECT CLASS 198,058 219,451
    KEYSIGHT TECHNOLOGIES INCORPORATED 25,919 46,465
    KLA CORPORATION 18,525 70,968
    LAUDER ESTEE COMPANIES INCORPORATED CLASS A 27,030 64,785
    LINDE PLC COM STK 123,603 248,390
    LOOMIS SAYLES GROWTH FUND CLASS Y 551,174 1,011,398
    MARATHON PETE CORPORATION 31,130 30,395
    MARTELLO RE SERIES - BBH WS 94,710 94,710
    MASTERCARD INCORPORATED 136,916 190,440
    MASTERCARD INCORPORATED 32,930 43,118
    MEDTRONIC PLC SHS 27,992 31,035
    MERCK & COMPANY INCORPORATED 22,267 28,740
    METROPOLITAN WEST TOTAL RETURN BOND FUND CLASS I 948,110 960,396
    MFS VALUE FUND CLASS I N/L 543,074 838,163
    MICROSOFT CORPORATION 20,680 109,304
    MOTOROLA SOLUTIONS INCORPORATED COM NEW 23,213 67,925
    NESTLE S A SPONS ADR 38,635 91,942
    NIKE INC CL B 69,840 147,503
    ORACLE CORP 28,756 72,297
    PIMCO TOTAL RETURN FUND INSTITUTIONAL CLASS 714,826 718,770
    PIONEER NAT RES COMPANY 29,549 40,923
    PROGRESSIVE CORP OHIO 82,796 114,660
    QUALCOMM INC 21,879 54,861
    ROPER TECHNOLOGIES INCORPORATED 34,509 36,890
    S&P GLOBAL INC COM STK 67,423 92,026
    SALESFORCE.COM INCORPORATED 24,553 38,120
    SHERWIN WILLIAMS CO 63,032 92,970
    STARBUCKS CORP 79,594 102,115
    SYSCO CORPORATION 30,745 39,275
    THERMO FISHER SCIENTIFIC INC 77,115 118,101
    TRANE TECHNOLOGIES PLC 30,502 75,761
    UNION PAC CORPORATION 26,450 60,463
    UNITEDHEALTH GROUP INCORPORATED 34,362 67,789
    VANGUARD SHORT TERM INVESTMENT GRADE FD ADMIRAL SHS 1,055,821 1,059,193
    VERIZON COMMUNICATIONS INCORPORATED 24,939 25,980
    VISA INCORPORATED COM CLASS A (V) 24,918 44,426
    WALMART INCORPORATED 29,380 43,407
    WASTE MANAGEMENT INC 22,032 101,475
    WESTERN ASSET CORE BOND FUND CLASS I 677,919 706,075
    ZOETIS INC COM STK 33,777 283,075

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    US Government Securities - End of Year Book Value:

    25,301
    US Government Securities - End of Year Fair Market Value:

    27,185
    State & Local Government Securities - End of Year Book Value:


    25,918
    State & Local Government Securities - End of Year Fair Market Value:


    29,228


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BBH REAL ESTATE ENHANCED VALUE AT COST 28,743 28,885
    VALLEY FORGE LARGE CAP EQUITY SERIES - BBH WS AT COST 697,040 781,946
    ALTAROCK PARTNERS SERIES - BBH WEALTH STRATEGIES AT COST 819,066 1,396,811
    BARES MID/LARGE CAP SERIES - BBH WEALTH STRATEGIES AT COST 927,891 1,525,375
    CEDAR ROCK PARTNERS SERIES BBH WEALTH STRATEGIES AT COST 1,003,769 1,238,608
    CLARKSTON CAPITAL PARTNERS SMALL/MID CAP SERIES AT COST 813,135 1,132,261
    GQG PARTNERS EMERGING MARKETS EQUITY SERIES AT COST 1,009,437 1,198,900
    SELECT EQUITY SERIES AT COST 1,955,373 2,214,148

    TY 2021 LegalFeesSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL GOVERNANCE AND COUNSEL 16,475 0   16,475


    TY 2021 OtherExpensesSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 5,335 0   5,335
    K-1 EXPENSES 89,070 88,334   0
    BANK FEES 230 0   230
    CORPORATE REGISTRATION FEES 625 0   625


    TY 2021 OtherIncomeSchedule2
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 INCOME 133,334 133,334 133,334


    TY 2021 OtherIncreasesSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Description Amount
    RETURNED GRANTS 310,000


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAX LIABILITY 11,737 344


    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 OtherNotesLoansRcvblLongSch
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    NORTHCOTE REALTY LLC AND A DOUGLAS DALTON JR NONE 123,002 43,002 2017-04 2022-04 4 ANNUAL INSTALLMENTS OF $20,000 WITH BALLOON PAYMENT AT MATURITY 212.0000000000 % NONE FINANCE PURCHASE OF REAL ESTATE FROM FOUNDATION REAL ESTATE 0

    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE AL STROOBANTS FOUNDATION
    EIN:
    20-5860939
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 158,723 158,723   0
    OTHER CONSULTING SERVICES 2,000 0   2,000