TIMOTHY AND ELEANOR K BROE FAMILYFOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: TIMOTHY AND ELEANOR K BROE FAMILYFOUNDATION (EIN 20-3690237)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-11
IRS object ID: 202433169349101828
Schema version: 2023v5.0
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Legal Fees Schedule
Other Decreases Schedule
Other Increases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-11T12:11:33-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	461539797	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RUBINSTEIN & SCHWARTZ	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	30800 TELEGRAPH RD STE 1775	AddressLine1Txt
City	BINGHAM FARMS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	480254593	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203690237	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TIMOTHY AND ELEANOR K BROE FAMILY	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	TIMO	BusinessNameControlTxt
Phone	2484742763	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	20476 LEXINGTON	AddressLine1Txt
City	NORTHVILLE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48167	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TIMOTHY BROE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2484742763	PhoneNum
Signature	2024-11-08	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL SCHWARTZ CPA	PreparerPersonNm
PTIN	P00161020	PTIN
Phone	2486456010	PhoneNum
Preparation	2024-11-11	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$795,692	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$45,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$13,012	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$13,012	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$58,012	TotalRevAndExpnssAmt
Total Net Invst Incm	$13,012	TotalNetInvstIncmAmt
Legal Fees Rev And Expnss	$398	LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss	$800	AccountingFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,198	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$50,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$50,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$51,198	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$50,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$6,814	ExcessRevenueOverExpensesAmt
Net Investment Income	$13,012	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$788,458	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$795,692	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$795,692	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$788,458	TotalAssetsBOYAmt
Total Assets EOY	$795,692	TotalAssetsEOYAmt
Total Assets EOYFMV	$795,692	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$788,458	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$795,692	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$788,458	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$795,692	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$788,458	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$795,692	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$788,458	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$6,814	ExcessRevenueOverExpensesAmt
Other Increases	$424	OtherIncreasesAmt
Subtotal	$795,696	SubtotalAmt
Other Decreases	$4	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$795,692	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Ruling Letter	2007-01-17	RulingLetterDt
Investment Income Excise Tax	$181	InvestmentIncomeExciseTaxAmt
Subtotal	$181	SubtotalAmt
Tax Based On Investment Income	$181	TaxBasedOnInvestmentIncomeAmt
Tax Due	$181	TaxDueAmt

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	MI	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	N/A	WebsiteAddressTxt
Individual With Books	MICHAEL SCHWARTZ	IndividualWithBooksNm
Phone	2486456010	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	30800 TELEGRAPH RD 1775	AddressLine1Txt
Address Line2	SUITE 1775	AddressLine2Txt
City	BINGHAM FARMS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48025	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	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
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 (2 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
TIMOTHY BROE
20476 LEXINGTON	NORTHVILLE	MI	48167	PRESIDENT	1.00	$0	$0	$0
ELEANOR BROE
20476 LEXINGTON	NORTHVILLE	MI	48167	VICE-PRES	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	PROVIDES FINANCIAL SUPPORT FOR VARIOUS RELIGIOUS AND EDUCATIONAL ORGANIZATIONS.	Description1Txt
Expenses1	$50,000	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$792,075	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$792,075	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$792,075	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$11,881	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$780,194	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$39,010	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$39,010	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$181	TaxBasedOnInvestmentIncomeAmt
Total Tax	$181	TotalTaxAmt
Distributable Before Adj	$38,829	DistributableBeforeAdjAmt
Distributable Before Ded	$38,829	DistributableBeforeDedAmt
Distributable As Adjusted	$38,829	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$50,000	ExpensesAndContributionsAmt
Qualifying Distributions	$50,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$38,829	DistributableAsAdjustedAmt
Undistributed Income PY	$2,852	UndistributedIncomePYAmt
Qualifying Distributions	$50,000	QualifyingDistributionsAmt
Applied To Year1	$2,852	AppliedToYear1Amt
Applied To Current Year	$38,829	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$8,319	RemainingDistriFromCorpusAmt
Total Corpus	$8,319	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$8,319	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$8,319	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
CARE NET PREGNANCY CENTER
2826 COOLIDGE HWY	BERKLEY	MI	48072	CHARITABLE USE	$5,000
CHRIST THE KING CATHOLIC SCHOOL
16800 TRINITY AVE	DETROIT	MI	48219	CHARITABLE USE	$5,000
GOSPEL FELLOWSHIP ASSOCIATION
1809 WADE HAMPTON BLVD	GREENVILLE	SC	29609	CHARITABLE USE	$2,000	SUITE110
LIBERIAN YOUTH ORCHESTRA
2500 S JOHN HIX RD	WESTLAND	MI	48186	CHARITABLE USE	$3,000
LIVING HOPE INTERNATIONAL
50200 W 10 MILE RD	NOVI	MI	48374	CHARITABLE USE	$2,000
OMF INTERNATIONAL
10 WEST DRY CREEK CIRCLE	LITTLETON	CO	80120	CHARITABLE USE	$4,500
RELIANT MISSION
11002 LAKE HART DRIVE	ORLANDO	FL	32832	CHARITABLE USE	$1,500	SUITE 100
THE YUNION
111 EAST KIRBY STREET	DETROIT	MI	48202	CHARITABLE USE	$15,000
TZEDAKAH MINISTRIES INC
978 BIG SKY DRIVE	WAXAHACHIE	TX	751678957	CHARITABLE USE	$3,000
RIGHT TO LIFE
PO BOX 901	GRAND RAPIDS	MI	49509	CHARITABLE USE	$2,000
WESTSIDE CHRISTION ACADEMY
9450 BRAMELL	DETROIT	MI	482391302	CHARITABLE USE	$5,000
THRIVE TODAY
PO BOX 1711	HOLLAND	MI	49422	CHARITABLE USE	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$50,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$13,012	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$13,012	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13,012	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	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	TIMOTHY ELEANOR BROE	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	20476 LEXINGTON	AddressLine1Txt
City	NORTHVILLE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48167	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$45,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$800	Amt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	INDIRECT LEGAL FEES	CategoryTxt
Legal Fees	$398	LegalFeesAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	FEDERAL INCOME TAX	Desc
Amt	$4	Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAINS	Desc
Amt	$424	Amt

TIMOTHY AND ELEANOR K BROE FAMILYFOUNDATION: Form 990PF, tax year 2023

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

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

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 (2 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

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