2023-05-10T20:32:49-05:00 2022-12-31 ERNST & YOUNG US LLP 155 NORTH WACKER DRIVE CHICAGO IL 60606 990 2022-01-01 843842278 Carter P Brown Legacy Preservation Fund % RICHARD MUZZY CART 6164053745 6701 Audubon Road Holland MI 49423 RICHARD MUZZY PRESIDENT 6164053745 2023-05-05 true RICHARD MUZZY 999009999 Emily Upstrom P01765498 4142748740 3 2022 2023-04-26 12:10:37Z RICHARD MUZZY 6701 Audubon Road Holland MI 49423 168472 false X www.carterbrownfund.org X 2019 MI PRESERVATION OF THE CASTLE PARK RESERVE. 5 5 0 0 0 0 112468 142241 0 0 453 -60 0 0 112921 142181 0 0 0 0 0 0 0 0 0 27911 49699 27911 49699 85010 92482 787904 880386 0 0 787904 880386 X HISTORICAL PRESERVATION, PARK IMPROVEMENTS, CONSERVATION, AND EDUCATION OF THE PUBLIC. true false 10805 THE ORGANIZATION OWNS A PARCEL OF IMPROVED REAL PROPERTY WITHIN THE CASTLE PARK RESERVE. AS PART OF ITS ONGOING PRESERVATION EFFORTS, THE ORGANIZATION MAINTAINS THIS PROPERTY. 35000 AS PART OF THE ORGANIZATION'S MISSION FOR CONSERVATION EFFORTS, THE ORGANIZATION IS ASSISTING IN AN EFFORT TO PROTECT A CRITICAL DUNES AREA ALONG THE LAKESHORE IN THE AREA OF THE CASTLE PARK RESERVE. 45805 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true false true false false false true 0 0 0 false false false false false false false false false false false false X 5 5 false false false false true true true true true false false false true true true false false false false false MI X X RICHARD MUZZY 6164053745 946 RIOMAR DRIVE VERO BEACH FL 32963 X RICHARD MUZZY DIRECTOR AND PRESIDENT 5.0 0.0 X X 0 0 0 STEPHEN NOBEL SECRETARY AND TREASURER 2.5 0.0 X X 0 0 0 MARK FULLER DIRECTOR 2.5 0.0 X 0 0 0 STEPHANIE KEEHN DIRECTOR 2.5 0.0 X 0 0 0 ROBERT BURTON DIRECTOR 2.5 0.0 X 0 0 0 0 0 0 0 false false false NONE 0 142241 26291 142241 0 40 40 0 0 0 0 0 26191 26291 -100 -100 -100 0 0 0 0 0 0 0 0 0 0 142181 0 -60 0 0 0 0 0 0 0 0 0 0 0 35483 35000 483 0 2421 1211 1210 0 0 0 74 0 74 0 0 0 2127 0 2127 0 0 0 0 0 0 0 0 0 2861 2861 0 0 0 REAL ESTATE TAXES 6733 6733 0 0 49699 45805 3894 0 123072 133065 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 751856 4535 664832 747321 0 0 0 0 0 0 0 0 0 0 787904 880386 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 787904 880386 787904 880386 787904 880386 92482 X false false false X 0 88550 622443 112468 142241 965702 0 0 0 88550 622443 112468 142241 965702 590660 375042 36 14 -60 -10 0 0 965692 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 601211 601211 127012 3323 123689 23633 1212 22421 747321 X 3 26291 PUBLIC QUOTATIONS false false true SCH M, LINE 32B: THE ORGANIZATION USED THIRD-PARTY BROKERAGE SERVICES TO SELL AND LIQUIDATE THE PUBLICLY TRADED SECURITIES FROM ALL THREE NONCASH DONATIONS RECEIVED DURING 2022. Sch M, Part I, Line 9, Column B: THE AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS ONE CLASS OF MEMBERS, CONSISTING OF FIVE INDIVIDUALS, WHO HAVE THE POWER TO APPOINT (AND IF APPROPRIATE, TO REMOVE AND FILL THE VACANCIES ON) THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A: THE ORGANZIATION HAS ONE CLASS OF MEMBERS. THOSE MEMBERS HAVE THE RIGHT TO APPOINT DIRECTORS TO THE BOARD OF DORECTORS, TO REMOVE DIRECTORS, AND TO FILL VACANCIES. THEY ALSO HAVE CERTAIN STATUTORY RIGHTS AS DESCRIBED IN RESPONSE TO QUESTION 7B BELOW. HOWEVER, THEY DO NOT OTHERWISE PROVIDE GOVERNANCE TO THE ORGANIZATION, WHICH REMAINS THE PREROGATIVE OF THE BOARD. NEITHER THE MEMBERS, NOR THE DIRECTORS OR OFFICERS OF THE CORPORATION, ARE ENTITLED TO RECEIVE DIVIDENDS OR DISTRIBUTIONS OF INCOME OR ASSETS FROM THE CORPORATION, OR A RETURN OF EXCESS DUES, WHETHER UPON DISSOLUTION OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B: UNDER MICHIGAN LAW, ANY ACTION INVOLVING AN AMENDMENT OF THE ARTICLES OF INCORPORATION, A MERGER, OR A DISSOLUTION OF THE CORPORATION REQUIRED THE APPROVAL OF THE MEMBERS. IN ADDITION, ARTICLE VII OF THE CORPORATION'S BYLAWS REQUIRES MEMBER APPROVAL OF ANY AMENDMENT TO THE BYLAWS THAT WOULD ALTER THE RIGHTS AND PREROGATIVES OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B: THE ORGANIZATION RELIES ON PROFESSIONAL OUTSIDE ADVISORS TO PREPARE FORM 990 AND REVIEW THE TAX FILING WITH THE PRESIDENT OF THE ORGANIZATION BEFORE IT IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION REQUIRES INTERESTED DIRECTORS AND OFFICERS TO DISCLOSE ANT CONFLICT OF INTEREST TO THE FULL BOARD. INTERESTED DIRECTORS AND OFFICERS ARE THEN ASKED TO RECUSE THEMSELVES FROM THE BOARD DISCUSSION AND VOTE ON ANY CONFLICTED MATTER, A POLICY WITH WHICH THEY VOLUNTARILY AND FULLY COMPLY. FORM 990, PART VI, SECTION C, LINE 19: AS OF THE FILING OF THIS RETURN, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990'S AVAILABLE TO ANY MEMBER OF THE PUBLIC UPON REQUEST. SEE WWW.CARTERBROWNFUND.ORG. Form 990, Part III, Line 2: AS PART OF ITS CONSERVATION WORK, THE ORGANIZATION PROVIDED FUNDS TO ASSIST IN A LOCAL EFFORT TO PREVENT DEVELOPMENT IN A CRITICAL DUNE AREA LOCATED IN THE VICINITY OF THE RESERVE. LRP LLC 6701 AUDUBON HOLLAND MI 49423 SEE PART VII MI 0 0 CARTER P BRO FORM 990, SCH R, PART I: CARTER P BROWN LEGACY PRESERVATION FUND IS THE DIRECT CONTROLLING ENTITY OF LRP, LLC, AS ITS SOLE MEMBER. HOWEVER, THE LLC NO LONGER HAS ANY ASSETS, AS ALL THOSE ASSETS HAVE BEEN TRANSFERRED TO THE CARTER P BROWN LEGACY PRESERVATION FUND AND ARE NOW REFLECTED IN ITS BALANCE SHEET.