Strike Oil Foundation
EIN 814546351About
THE STRIKE OIL FOUNDATION (THE "FOUNDATION") WAS FORMED AS A NONPROFIT PUBLIC BENEFIT CORPORATION BY FILING A CERTIFICATE OF INCORPORATION WITH THE STATE OF DELAWARE ON NOVEMBER 28, 2016. PURSUANT TO THE UNANIMOUS WRITTEN CONSENT OF THE BOARD OF DIRECTORS, THE FOUNDATION'S BOARD OF DIRECTORS HAS RESOLVED TO WIND UP AND DISSOLVE THE FOUNDATION AND TRANSFER ALL OF THE FOUNDATION'S ASSETS, AFTER PAYMENT OF ANY OUTSTANDING LIABILITIES, TO THE GAY & LESBIAN ALLIANCE AGAINST DEFAMATION ("GLAAD"). GLAAD IS A TAX-EXEMPT NONPROFIT ORGANIZATION AND PUBLIC CHARITY UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). GLAAD WILL USE THE TRANSFERRED ASSETS EXCLUSIVELY FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, CONSISTENT WITH THE FOUNDATION'S EXEMPT PURPOSES SET FORTH IN ITS GOVERNING DOCUMENTS. THE FOUNDATION DISTRIBUTED ITS ASSETS TO GLAAD ON OR ABOUT DECEMBER 22, 2023. THE FOUNDATION TRANSFERRED ITS TOTAL NET ASSETS OF $551 IN CASH DIRECTLY TO GLAAD. THE CERTIFICATE OF DISSOLUTION WAS FILED WITH THE SECRETARY OF STATE OF THE STATE OF DELAWARE ON JANUARY 4 , 2024, AND THE FOUNDATION WAS OFFICIALLY DISSOLVED UNDER DELAWARE LAW. THE FOUNDATION HELD NO ASSETS OR HAD ANY ACTIVITY AFTER DISTRIBUTING ITS REMAINING ASSETS ON OR ABOUT DECEMBER, 22, 2023. THE REQUISITE DOCUMENTS RELATED TO THE TERMINATION OF THE FOUNDATION ARE ATTACHED TO THIS RETURN HEREWITH: THE UNANIMOUS WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF THE RESOLUTIONS TO DISSOLVE AND LIQUIDATE, AND THE CERTIFIED COPY OF THE STATE OF DELAWARE SHORT FORM CERTIFICATE OF DISSOLUTION OF NON-STOCK CORPORATION. INFORMATION ON THE FINAL CHARITABLE DISTRIBUTIONS, INCLUDING THE NAME AND ADDRESS OF THE FINAL GRANTEE AND THE NATURE AND FAIR MARKET VALUE OF ASSETS DISTRIBUTED, IS FURTHER DESCRIBED IN STATEMENT 3.
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2017 | N/A | $0 | $10 | N/A |
| 2018 | N/A | $740 | $1K | N/A |
| 2019 | N/A | $561 | $1K | N/A |
| 2020 | N/A | $551 | $1K | N/A |
| 2021 | N/A | $551 | $895 | N/A |
| 2022 | N/A | $551 | $2K | N/A |
| 2023 | $551 | $0 | $1K | 1 |
Grant Size Distribution
Based on 1 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (1 total)
| Purpose | ||||
|---|---|---|---|---|
| Glaad | Los Angeles, CA | $551 | GENERAL SUPPORT FOR GLAAD WHICH IS THE WORLD'S LARGEST LESBIAN, GAY, BISEXUAL, TRANSGENDER, AND QUEER (LGBTQ)... | 2023 |