BROWN-FORMAN FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: BROWN-FORMAN FOUNDATION (EIN 82-4595018)
Tax period: 2021-05-01 to 2022-04-30
Filed: 2022-09-12
IRS object ID: 202242559349100104
Schema version: 2021v4.2
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
Form 990-PF
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-09-12T07:30:27-05:00	ReturnTs
Tax Period End	2022-04-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9600 Brownsboro Road Suite 400	AddressLine1Txt
City	Louisville	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	402413902	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-05-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	824595018	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Brown-Forman Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BROW	BusinessNameControlTxt
Phone	5027745918	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	850 Dixie Highway	AddressLine1Txt
City	Louisville	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40210	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SANJHI AGRAWAL	PersonNm
Person Title	Treasurer	PersonTitleTxt
Signature	2022-09-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SANJHI	PersonFirstNm
Person Last	AGRAWAL	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Kim Scifres	PreparerPersonNm
PTIN	P01316095	PTIN
Phone	5023263996	PhoneNum

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$88,478,001	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Dividends Rev And Expnss	$1,990,041	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,990,040	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$250,591	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,511,173	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Gross Sales Less Ret And Allwnc	$0	GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt
Gross Profit Rev And Expnss	$0	GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss	$7,669	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$7,669	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$1,747,119	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,997,709	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Legal Fees Rev And Expnss	$5,981	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$5,981	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$45,725	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$9,125	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$36,600	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$217,529	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$190,016	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$27,513	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$29,060	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$0	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm	$0	DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss	$14,084	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$14,084	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$312,379	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$199,141	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$84,178	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$49,693,245	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$4,000,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$50,005,624	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$199,141	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$4,084,178	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$48,258,505	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,798,568	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$65,775	CashBOYAmt
Cash EOY	$65,664	CashEOYAmt
Cash EOYFMV	$65,664	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$787,767	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$763,572	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$763,572	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl BOY	$0	AcctRcvblBOYAmt
Acct Rcvbl EOY	$0	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$0	AcctRcvblEOYFMVAmt
Pledges Rcvbl BOY	$0	PledgesRcvblBOYAmt
Pledges Rcvbl EOY	$0	PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV	$0	PledgesRcvblEOYFMVAmt
Grants Receivable BOY	$20,000,000	GrantsReceivableBOYAmt
Grants Receivable EOY	$0	GrantsReceivableEOYAmt
Grants Receivable EOYFMV	$0	GrantsReceivableEOYFMVAmt
Rcvbl From Officers BOY	$0	RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY	$0	RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV	$0	RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl	$0	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$0	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$0	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$0	OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY	$2,041	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$2,991	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$2,991	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$0	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$0	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$0	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$51,879,260	CorporateStockBOYAmt
Corporate Stock EOY	$58,838,841	CorporateStockEOYAmt
Corporate Stock EOYFMV	$58,838,841	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$26,675,723	CorporateBondsBOYAmt
Corporate Bonds EOY	$28,806,933	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$28,806,933	CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis	$0	InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation	$0	InvstLandAccumDepreciationAmt
Land Bldg Investments BOY	$0	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOYFMV	$0	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$0	OtherInvestmentsBOYAmt
Other Investments EOY	$0	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$0	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$0	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$0	LandBldgEquipAccumDeprecAmt
Land BOY	$0	LandBOYAmt
Land EOYFMV	$0	LandEOYFMVAmt
Other Assets BOY	$0	OtherAssetsBOYAmt
Other Assets EOY	$0	OtherAssetsEOYAmt
Other Assets EOYFMV	$0	OtherAssetsEOYFMVAmt
Total Assets BOY	$99,410,566	TotalAssetsBOYAmt
Total Assets EOY	$88,478,001	TotalAssetsEOYAmt
Total Assets EOYFMV	$88,478,001	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$1,800	AccountsPayableBOYAmt
Accounts Payable EOY	$0	AccountsPayableEOYAmt
Grants Payable BOY	$1,561,497	GrantsPayableBOYAmt
Grants Payable EOY	$47,254,742	GrantsPayableEOYAmt
Loans From Officers BOY	$0	LoansFromOfficersBOYAmt
Loans From Officers EOY	$0	LoansFromOfficersEOYAmt
Mortgages And Notes Payable BOY	$0	MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY	$0	MortgagesAndNotesPayableEOYAmt
Total Liabilities BOY	$1,563,297	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$47,254,742	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$97,847,269	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$41,223,259	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$97,847,269	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$41,223,259	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$99,410,566	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$88,478,001	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$97,847,269	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$48,258,505	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$49,588,764	SubtotalAmt
Other Decreases	$8,365,505	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$41,223,259	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	PUBLICLY TRADED SECURITIES	PropertyDesc
Gross Sales Price	$3,511,173	GrossSalesPriceAmt
Cost Or Other Basis	$3,761,764	CostOrOtherBasisAmt
Gain Or Loss	-$250,591	GainOrLossAmt
Excess FMV Over Adjusted Bss	$0	ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses	-$250,591	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$250,591	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$0	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$25,000	InvestmentIncomeExciseTaxAmt
Subtotal	$25,000	SubtotalAmt
Tax Based On Investment Income	$25,000	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$29,500	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$29,500	TotalPaymentsAndCreditsAmt
Overpayment	$4,500	OverpaymentAmt
Applied To ES Tax	$4,500	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	IL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	www.brownformanfoundation.org	WebsiteAddressTxt
Individual With Books	Jill Horn	IndividualWithBooksNm
Phone	5027745918	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	850 Dixie Highway	AddressLine1Txt
City	Louisville	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40210	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (true)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
Jill Horn
850 Dixie Highway	Louisville	KY	40210	Executive Director	15.000	$0	$0	$0
Ralph de Chabert
850 Dixie Highway	Louisville	KY	40210	President	5.000	$0	$0	$0
Sanjhi Agrawal
851 Dixie Highway	Louisville	KY	40210	Treasurer (beginning April 1, 2022)	2.500	$0	$0	$0
Sharell Sandvoss
850 Dixie Highway	Louisville	KY	40210	Treasurer (through 3/31/22)	2.500	$0	$0	$0
Lawson Whiting
849 Dixie Highway	Louisville	KY	40210	Director	1.000	$0	$0	$0
Chris Brown
848 Dixie Highway	Louisville	KY	40211	Director	1.000	$0	$0	$0
Crystal Peterson
847 Dixie Highway	Louisville	KY	40210	Director	1.000	$0	$0	$0
Dace Polk Brown
846 Dixie Highway	Louisville	KY	40212	Director	1.000	$0	$0	$0
Owsley Brown III
845 Dixie Highway	Louisville	KY	40210	Director	1.000	$0	$0	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$98,860,050	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$71,243	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$98,931,293	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$98,931,293	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,483,969	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$97,447,324	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$4,872,366	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$4,872,366	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$25,000	TaxBasedOnInvestmentIncomeAmt
Total Tax	$25,000	TotalTaxAmt
Distributable Before Adj	$4,847,366	DistributableBeforeAdjAmt
Distributable Before Ded	$4,847,366	DistributableBeforeDedAmt
Distributable As Adjusted	$4,847,366	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$4,084,178	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$4,084,178	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$4,847,366	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2019	PriorYear1Yr
Prior Year2	2018	PriorYear2Yr
Prior Year3	2017	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$0	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$0	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$0	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$0	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,469,174	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$2,469,174	TotalExcessDistributionCyovAmt
Qualifying Distributions	$4,084,178	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$4,084,178	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$763,188	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$763,188	ExcessDistributionCyovAppCYAmt
Total Corpus	$1,705,986	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$1,705,986	ExcessDistriCyovToNextYrAmt
Excess From Year4	$0	ExcessFromYear4Amt
Excess From Year3	$0	ExcessFromYear3Amt
Excess From Year2	$0	ExcessFromYear2Amt
Excess From Year1	$1,705,986	ExcessFromYear1Amt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	Jill Horn	RecipientPersonNm

Recipient Foreign Address RecipientForeignAddress

Field	Value	IRS element (for citing)
Address Line1	850 Dixie Highway	AddressLine1Txt
City	Louisville	CityNm
Province Or State	KY	ProvinceOrStateNm
Country	OC	CountryCd
Foreign Postal	402101038	ForeignPostalCd

Field	Value	IRS element (for citing)
Recipient Phone	5027745918	RecipientPhoneNum
Recipient Email Address	jill_horn@b-f.com	RecipientEmailAddressTxt
Form And Info And Materials	The Foundation does have a formal online grant application for proposals and follow-up grant report. The online grant application may be accessed at: https://www.brownformanfoundation.org/grant-criteria/.	FormAndInfoAndMaterialsTxt
Submission Deadlines	Submission deadlines for May 1, 2021 through April 30, 2022 are May 1, Aug. 1, Nov. 1, Feb. 1	SubmissionDeadlinesTxt
Restrictions On Awards	THE FOUNDATION WILL PROVIDE DISTRIBUTIONS AND MAY PROVIDE SUPPORT TO OTHER ORGANIZATIONS FOR CHARITABLE, LITERACY, SCIENTIFIC, AND EDUCATIONAL PURPOSES. THE FOUNDATION ALONG WITH FUNDING FROM THE BROWN-FORMAN CORPORATION ENRICHES THE EXPERIENCE OF LIFE IN COMMUNITIES WHERE BROWN-FORMAN CORPORATION OPERATES AND ITS EMPLOYEES ARE LOCATED.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (56 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AMPED
4425 Greenwood Ave	Louisville	KY	40211	None	PC	Community Center Youth Programs	$75,000
Big Brothers Big Sisters of Kentuckiana
1519 Gardiner Lane	Louisville	KY	40218	None	PC	General Program Support	$100,000
Boys & Girls Club of Kentuckiana
3900 Crittenden Dr	Louisville	KY	40209	None	PC	West-End Initiatives	$25,000
Brightside Foundation
P O Box 70362 Suite 200	Louisville	KY	40270	None	PC	Legacy Tree Program	$30,000
Cabbage Patch Settlement Auction Sponsorship
1413 South Sixth Street	Louisville	KY	40208	None	PC	Academic Recovery Initiative	$35,000
CATHOLIC EDUCATION FOUNDATION
401 W Main Street Suite 806	Louisville	KY	40202	None	PC	Tuition Assistance	$33,000
CENTER FOR NONPROFIT EXCELLENCE
323 West Broadway Suite 501	Louisville	KY	40202	None	PC	General Program Support	$35,000
Center for Women and Families
927 S 2nd Street	Louisville	KY	40203	None	PC	General Program Support	$25,000
Dare to Care Food Bank
PO Box 35458 5803 Fern Valley Road	Louisville	KY	40232	None	PC	Feeding Families	$50,000
Elderserve
215 W Breckinridge Street	Louisville	KY	40203	None	PC	General Program Support	$50,000
Evolve502 Scholars Foundation Inc
334 E Broadway	Louisville	KY	40202	None	PC	Evolve502 Scholars	$50,000
Family and Children's Place
525 Zane Street	Louisville	KY	40203	None	PC	General Program Support	$75,000
Family Scholar House
403 Reg Smith Cir	Louisville	KY	402082746	None	PC	Pathways to Equity	$25,000
FUND FOR THE ARTS
623 West Main Street	Louisville	KY	40202	None	PC	General Program Support	$150,000
GILDA'S CLUB KENTUCKIANA
633 Baxter Avenue	Louisville	KY	40204	None	PC	General Program Support	$60,000
GOODWILL INDUSTRIES OF KENTUCKY
1325 South 4th Street	Louisville	KY	40208	None	PC	Rise Program	$25,000
Habitat for Humanity of Metro
1620 Bank Street	Louisville	KY	40203	None	PC	General Program Support	$40,000
HOME OF THE INNOCENTS
1100 East Market Street	Louisville	KY	40206	None	PC	Pathways Home	$50,000
HOSPARUS INC
3532 EPHRAIM MCDOWELL DRIVE	Louisville	KY	40205	None	PC	West End Expansion	$15,000
Isaac W Bernheim Foundation Inc
2499 Clermont Road HWY 245	Clermont	KY	40165	None	PC	Youth Development in Nature	$63,000
Junior Achievement of Finance Park Philanthropy Center
1401 W Muhammad Ali Blvd	Louisville	KY	40203	None	PC	JA Finance Park	$20,000
JEFF CO PUBLIC ED FOUNDATION
PO Box 2152	Jefferson City	MO	65102	None	PC	Compassionate Schools Project	$50,000
KENTUCKY CENTER FOR THE ARTS
501 W Main St	Louisville	KY	40202	None	PC	Midnite Ramble Series	$50,000
Kentucky Dance Council
315 E Main Street	Louisville	KY	40202	None	PC	Brown-Forman Nutcracker	$300,000
Kentucky Opera Association
323 West Broadway Suite 601	Louisville	KY	402023162	None	PC	General Program Support	$150,000
LOUISVILLE GROWS INC
1641 Portland Ave	Louisville	KY	40203	None	PC	Neighborhood Tree Planting	$25,000
Louisville Youth Group
417 E Broadway	Louisville	KY	40202	None	PC	QTBIPOC/West End Programming	$40,000
LOUISVILLE ZOO FOUNDATION INC
1100 Trevilian Way	Louisville	KY	40213	None	PC	Community Access Initiative	$100,000
MARYHURST
1015 Dorsey Lane	Louisville	KY	40223	None	PC	Renewal Program	$60,000
Metro United Way
334 East Broadway PO Box 4488	Louisville	KY	40204	None	PC	General Program Support	$200,000
MINORITY MENTAL HEALTH PROJECT
555 S 4th St Apt 224	Louisville	KY	40202	None	PC	General Program Support	$25,000
NATIVITY ACADEMY
529 E Liberty St	Louisville	KY	40202	None	PC	General Program Support	$50,000
NEIGHBORHOOD HOUSE
201 N 25th Street	Louisville	KY	40212	None	PC	General Program Support	$25,000
NEW DIRECTIONS HOUSING CORP
1617 Maple Street	Louisville	KY	40210	None	PC	I Rise	$30,000
NEW ROOTS INC
3724 Mississippi St	Gary	IN	46409	None	PC	West Louisville Fresh-Stop Markets	$25,000
OLMSTED PARKS CONSERVANCY
1299 Trevilian Way	Louisville	KY	40213	None	PC	West Louisville Parks Program	$50,000
OWSLEY BROWN FRAZIER Historical Arms Museum
1141 Rostrevor Cir	Louisville	KY	40205	None	PC	General Program Support	$75,000
River City Drum Corp Cultural Arts Institute
3308 Chauncey Ave	Louisville	KY	40211	None	PC	General Program Support	$70,000
Roots 101 African America Museum
124 N 1st St	Louisville	KY	40202	None	PC	General Program Support	$25,000
SEVEN COUNTIES SERVICES
10401 Linn Station Road Suite 100	Louisville	KY	40223	None	PC	West Clinic Therapeutic Programs	$25,000
SOWING SEEDS WITH FAITH
2925 Bank St	Louisville	KY	40212	None	PC	General Program Support	$50,000
SPALDING UNIVERSITY
845 S 3rd St	Louisville	KY	40202	None	PC	Principals of Color	$50,000
SPEED ART MUSEUM
2035 South Third Street	Louisville	KY	40208	None	PC	Free Owsley Sundays \| Title One School Field Trips	$150,000
STAGEONE FAMILY THEATRE
315 W Market Street	Suite S Louisville	KY	40202	None	PC	General Program Support	$30,000
THE HEALING PLACE
1020 West Market	Louisville	KY	40202	None	PC	General Program Support	$65,000
THE KENTUCKY SCIENCE CENTER
727 W Main St	Louisville	KY	40202	None	PC	Community Access Membership	$30,000
THE LOUISVILLE ORCHESTRA INC
620 W Main Street Suite 600	Louisville	KY	40202	None	PC	Classics Series	$200,000
THE LOUISVILLE URBAN LEAGUE
1535 W Broadway	Louisville	KY	40203	None	PC	General Program Support	$140,000
The Morton Center
1028 Barret Ave	Louisville	KY	40204	None	PC	General Program Support	$65,000
THE PARKLANDS OF FLOYDS FORK
1357 Bardstown Rd	Louisville	KY	40204	None	PC	Outdoor Classroom S.E.E.D. Program	$50,000
University of Kentucky
Johnson Center 177 Johnson Center	Lexington	KY	40506	None	GOV	Alcohol Education and Intervention	$90,000
University of Louisville
2005 S First Street	Louisville	KY	40208	None	GOV	BRICC Coalition 2021	$89,000
University of Louisville Foundation
2005 S First Street	Louisville	KY	40208	None	PC	BF Engineering and Diversity Scholars	$150,000
VOLUNTEERS OF AMERICA MID-STATES
570 South 4th Street Suite 100	Louisville	KY	40202	None	PC	Freedom House	$60,000
WEST END SCHOOL
3628 Virginia Ave	Louisville	KY	40211	None	PC	General Program Support	$350,000
Youthbuild Louisville
800 South Preston Street	Louisville	KY	40203	None	PC	General Program Support	$25,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$4,000,000	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AMPED
4425 Greenwood Ave	Louisville	KY	40211	NONE	PC	General program support	$5,000,000
Catholic Education Foundation
401 W Main Street Suite 806	Louisville	KY	40202	NONE	PC	General program support	$33,000
Evolve502 Inc
334 E Broadway	Louisville	KY	40202	NONE	PC	General program support	$50,000
Frazier History Museum
829 W Main St	Louisville	KY	40202	NONE	PC	General program support	$75,000
Louisville Central Community Center
1300 West Muhammad Ali Blvd	Louisville	KY	40203	NONE	PC	General program support	$10,000,000
Simmons College of Kentucky
1018 S 7TH ST	Louisville	KY	40203	NONE	PC	General program support	$10,000,000
Speed Art Museum
2035 South Third Street	Louisville	KY	40208	NONE	PC	General program support	$225,000
THE LOUISVILLE URBAN LEAGUE
1535 W Broadway	Louisville	KY	40203	NONE	PC	General program support	$5,000,000
University of Louisville Foundation
2005 S First Street	Louisville	KY	40506	NONE	PC	General program support	$600,000
West End School
3628 Virginia Ave	Louisville	KY	40211	NONE	PC	General program support	$20,150,000
(no name)
						Discount on Pledges	-$3,878,258

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$47,254,742	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$704,215	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,285,826	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$250,591	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	Change in Accrued Income	Desc
Exclusion	18	ExclusionCd
Exclusion	$7,669	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,747,119	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,747,119	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	Yes (true)	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd

Transfer Schedule Detail TransferScheduleDetail

Field	Value	IRS element (for citing)
Line Number	1b(6)	LineNumberTxt
Involved	$10,000	InvolvedAmt

Noncharitable Exempt Org Name NoncharitableExemptOrgName

Field	Value	IRS element (for citing)
Business Name Line1	Council on Foundations	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transfers Trans And Shr Arrngm	Annual Membership Dues	TransfersTransAndShrArrngmDesc

Field	Value	IRS element (for citing)
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	Accounting Fees	CategoryTxt
Amt	$45,725	Amt
Net Investment Income	$9,125	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$36,600	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	Fixed Income	BondNm
EOY Book Value	$28,806,933	EOYBookValueAmt
EOYFMV	$28,806,933	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	Equities	StockNm
EOY Book Value	$58,838,841	EOYBookValueAmt
EOYFMV	$58,838,841	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	Legal Fees	CategoryTxt
Legal Fees	$5,981	LegalFeesAmt
Disbursements Charitable Prps	$5,981	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	Unrealized Loss on Investments	Desc
Amt	$8,365,505	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Membership Dues	$10,000	$10,000
Insurance	$4,016	$4,016
Other operating Expenses	$68	$68

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	Change in Accrued Income	Desc
Revenue And Expenses Per Books	$7,669	RevenueAndExpensesPerBooksAmt
Net Investment Income	$7,669	NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Investment Management Fees	$190,016	$190,016
Other Professional Fees	$27,513		$27,513

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	Excise Taxes	CategoryTxt
Amt	$29,060	Amt

BROWN-FORMAN FOUNDATION: Form 990PF, tax year 2021

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient Foreign Address RecipientForeignAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (56 entries)

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (11 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Transfer Schedule Detail TransferScheduleDetail

Noncharitable Exempt Org Name NoncharitableExemptOrgName

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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