BRUNETTI FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BRUNETTI FAMILY CHARITABLE FOUNDATION (EIN 47-1950794)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-03-25
IRS object ID
202530849349100118
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-25T13:38:48-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12929 Allen Parkway 20th FloorAddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770197100ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471950794EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Brunetti Family Charitable FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% WAYNE BRUNETTIInCareOfNm
Business Name ControlBRUNBusinessNameControlTxt
Phone9703894608PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12121 Kirby Drive Box 37 10NAddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWayne BrunettiPersonNm
Person TitlePresidentPersonTitleTxt
Phone9703894608PhoneNum
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRebecca FielerPreparerPersonNm
PTINP01353445PTIN
Phone7139601706PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,380,449FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$80,941DividendsRevAndExpnssAmt
Dividends Net Invst Incm$80,941DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$45,933NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$21,655GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$35,008TotalRevAndExpnssAmt
Total Net Invst Incm$80,941TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,670AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$2,670AccountingFeesChrtblPrpsAmt
Tot Opr Expenses Rev And Expnss$2,670TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,670TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$110,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$110,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$113,170TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$113,170TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$78,162ExcessRevenueOverExpensesAmt
Net Investment Income$80,941NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$37,363CashBOYAmt
Cash EOY$55,188CashEOYAmt
Cash EOYFMV$55,188CashEOYFMVAmt
Sav And Temp Cash Invst BOY$39,324SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$11,157SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$11,157SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,040,570CorporateStockBOYAmt
Corporate Stock EOY$2,314,104CorporateStockEOYAmt
Corporate Stock EOYFMV$2,314,104CorporateStockEOYFMVAmt
Total Assets BOY$2,117,257TotalAssetsBOYAmt
Total Assets EOY$2,380,449TotalAssetsEOYAmt
Total Assets EOYFMV$2,380,449TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,117,257RetainedEarningBOYAmt
Retained Earning EOY$2,380,449RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,117,257TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,380,449TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,117,257TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,380,449TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,117,257TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$78,162ExcessRevenueOverExpensesAmt
Other Increases$341,354OtherIncreasesAmt
Subtotal$2,380,449SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,380,449TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCHARLES SCHWABPropertyDesc
Gross Sales Price$21,655GrossSalesPriceAmt
Cost Or Other Basis$67,588CostOrOtherBasisAmt
Gain Or Loss-$45,933GainOrLossAmt
Gains Minus Excess Or Losses-$45,933GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$45,933CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,125InvestmentIncomeExciseTaxAmt
Subtotal$1,125SubtotalAmt
Tax Based On Investment Income$1,125TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,359EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$1,359TotalPaymentsAndCreditsAmt
Overpayment$234OverpaymentAmt
Applied To ES Tax$234AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WAYNE BRUNETTIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9703894608PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12121 KIRBY DRIVE BOX 37 10NAddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77019ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Wayne Brunetti
2121 Kirby Drive Box 37 10NHoustonTX77019President0$0$0$0
Mary Brunetti
2121 Kirby Drive Box 37 10NHoustonTX77019Vice President0$0$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,240,059AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$85,430AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,325,489TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,325,489AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$34,882CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,290,607NetVlNoncharitableAssetsAmt
Minimum Investment Return$114,530MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$114,530MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,125TaxBasedOnInvestmentIncomeAmt
Total Tax$1,125TotalTaxAmt
Distributable Before Adj$113,405DistributableBeforeAdjAmt
Distributable Before Ded$113,405DistributableBeforeDedAmt
Distributable As Adjusted$113,405DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$113,170ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$113,170QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$113,405DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12022PriorYear1Yr
Prior Year22021PriorYear2Yr
Prior Year32020PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$1,559ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$1,559TotalExcessDistributionCyovAmt
Qualifying Distributions$113,170QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$113,170AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$235ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$235ExcessDistributionCyovAppCYAmt
Total Corpus$1,324TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,324ExcessDistriCyovToNextYrAmt
Excess From Year2$1,324ExcessFromYear2Amt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerWAYNE BRUNETTIContributingManagerNm
Contributing ManagerMARY BRUNETTIContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
HOUSTON GRAND OPERA
510 PRESTON STREETHOUSTONTX770020174GENERAL SUPPORT$20,000
PHI GAMMA DELTA EDUCATIONAL FOUNDATION
PO BOX 4599LEXINGTONKY40544GENERAL SUPPORT$5,000
MERCURY CHAMBER ORCHESTRA
3100 TIMMONS LNHOUSTONTX770275966GENERAL SUPPORT$15,000SUITE 201
HOUSTON FOOD BANK
535 PORTWALL STREETHOUSTONTX77029GENERAL SUPPORT$5,000
BOOKS BETWEEN KIDS
PO BOX 25072HOUSTONTX77265GENERAL SUPPORT$10,000
HOUSTON AREA WOMENS CENTER
1010 Waugh DrHoustonTX77019GENERAL SUPPORT$10,000
LONE STAR FLIGHT MUSEUM
11551 AEROSPACE AVENUEHOUSTONTX77034GENERAL SUPPORT$1,000
THE METHODIST HOSPITAL FOUNDATION
PO BOX 4384HOUSTONTX772104384GENERAL SUPPORT$15,000
HOUSTON COALITION FOR THE HOMELESS
2000 CRAWFORD ST SUITE 700HOUSTONTX77002GENERAL SUPPORT$8,000
Equal Justice America
13540 East Boundary RDMidlothlanVA23112General Support$1,000
Southern Smoke
2500 Summer Street STE 3113HoustonTX77007General Support$2,500
River Oaks Chamber Orchestra
3104 Eloe Street 350HoustonTX77027General Support$1,000
America on Tech
25 Broadway 12th FloorNew YorkNY10004General Support$1,000
The Fund for Bishop Kenny High School
1055 Kingman AveJacksonvilleFL32207General Support$5,000
Wounded Warrior Project
PO Box 758516TopekaKS66675General Support$1,000
The Endangered Language Fund
300 George Street Suite 900New HavenCT06511General Support$5,000
St Francis House
PO Box 120499 Essex StationBostonMA02112General Support$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$110,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$80,941ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$45,933ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$35,008ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$35,008TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREP FEESCategoryTxt
Amt$2,670Amt
Disbursements Charitable Prps$2,670DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCHARLES SCHWABStockNm
EOY Book Value$2,314,104EOYBookValueAmt
EOYFMV$2,314,104EOYFMVAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescEnable Midstream PartnersDesc

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescACCUMULATED UNREALIZED GAIN/LOSSDesc
Amt$341,354Amt

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