TIMOTHY AND ELEANOR K BROE FAMILYFOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
TIMOTHY AND ELEANOR K BROE FAMILYFOUNDATION (EIN 20-3690237)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-13
IRS object ID
202211339349100546
Schema version
2021v4.0
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)
Return2022-05-13T09:26:09-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461539797PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RUBINSTEIN & SCHWARTZBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line130800 TELEGRAPH RD STE 1775AddressLine1Txt
CityBINGHAM FARMSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP480254593ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203690237EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TIMOTHY AND ELEANOR K BROE FAMILYBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTIMOBusinessNameControlTxt
Phone2484742763PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120476 LEXINGTONAddressLine1Txt
CityNORTHVILLECityNm
State AbbreviationMIStateAbbreviationCd
ZIP48167ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIMOTHY BROEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2484742763PhoneNum
Signature2022-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTIMOTHYPersonFirstNm
Person LastBROEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL SCHWARTZ CPAPreparerPersonNm
PTINP00161020PTIN
Phone2486456010PhoneNum
Preparation2022-05-05PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$774,488FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$35,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$172InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$172InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$35,172TotalRevAndExpnssAmt
Total Net Invst Incm$172TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$25OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$25OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$25TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$25TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$37,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$37,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$37,525TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$25TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$37,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,353ExcessRevenueOverExpensesAmt
Net Investment Income$147NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$777,100SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$774,488SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$774,488SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$777,100TotalAssetsBOYAmt
Total Assets EOY$774,488TotalAssetsEOYAmt
Total Assets EOYFMV$774,488TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$777,100NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$774,488NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$777,100TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$774,488TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$777,100TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$774,488TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$777,100TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,353ExcessRevenueOverExpensesAmt
Subtotal$774,747SubtotalAmt
Other Decreases$259OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$774,488TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Ruling Letter2007-01-17RulingLetterDt
Investment Income Excise Tax$2InvestmentIncomeExciseTaxAmt
Subtotal$2SubtotalAmt
Tax Based On Investment Income$2TaxBasedOnInvestmentIncomeAmt
Tax Due$2TaxDueAmt

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
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMICHAEL SCHWARTZIndividualWithBooksNm
Phone2486456010PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line130800 TELEGRAPH RD 1775AddressLine1Txt
Address Line2SUITE 1775AddressLine2Txt
CityBINGHAM FARMSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48025ZIPCd
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
Undistributed Income PYfalseUndistributedIncomePYInd
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
TIMOTHY BROE
20476 LEXINGTONNORTHVILLEMI48167PRESIDENT1.00$0$0$0
ELEANOR BROE
20476 LEXINGTONNORTHVILLEMI48167VICE-PRES1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1PROVIDES FINANCIAL SUPPORT FOR VARIOUS RELIGIOUS AND EDUCATIONAL ORGANIZATIONS.Description1Txt
Expenses1$37,500Expenses1Amt

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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$775,794AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$775,794TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$775,794AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,637CashDeemedCharitableAmt
Net Vl Noncharitable Assets$764,157NetVlNoncharitableAssetsAmt
Minimum Investment Return$38,208MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$38,208MinimumInvestmentReturnAmt
Tax Based On Investment Income$2TaxBasedOnInvestmentIncomeAmt
Total Tax$2TotalTaxAmt
Distributable Before Adj$38,206DistributableBeforeAdjAmt
Distributable Before Ded$38,206DistributableBeforeDedAmt
Distributable As Adjusted$38,206DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$37,500ExpensesAndContributionsAmt
Qualifying Distributions$37,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$38,206DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$3,244ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,244TotalExcessDistributionCyovAmt
Qualifying Distributions$37,500QualifyingDistributionsAmt
Applied To Current Year$37,500AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$706ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$706ExcessDistributionCyovAppCYAmt
Total Corpus$2,538TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,538ExcessDistriCyovToNextYrAmt
Excess From Year1$2,538ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GOSPEL FELLOWSHIP ASSOCIATION
1809 WADE HAMPTON BLVDSUITE110GREENVILLESC29609CHARITABLE USE$2,000
TZEDAKAH MINISTRIES INC
978 BIG SKY DRIVEWAXAHACHIETX751678957CHARITABLE USE$1,000
CHRIST THE KING CATHOLIC SCHOOL
16800 TRINITY AVEDETROITMI48219CHARITABLE USE$1,000
THE CROSS MINISTRY GROUP
PO BOX 11084DENVERCO80211CHARITABLE USE$2,000
LIVING HOPE INTERNATIONAL
50200 W 10 MILE RDNOVIMI48374CHARITABLE USE$1,000
RELIANT MISSION
11002 LAKE HART DRIVESUITE 100ORLANDOFL32832CHARITABLE USE$2,000
THRIVE TODAY
PO BOX 1711HOLLANDMI49422CHARITABLE USE$2,000
WESTSIDE CHRISTIAN ACADEMY
9540 BRAMELLDETROITMI482391302CHARITABLE USE$2,000
OMF INTERNATIONAL
10 WEST DRY CREEK CIRCLELITTLETONCO80120CHARITABLE USE$5,500
BIBLICAL RESTORATION MINISTRIES
1551 INDIAN HILLS DRIVESUITE 200SIOUX CITYIA51104CHARITABLE USE$1,000
THE YUNION
111 EAST KIRBY STREETDETROITMI48202CHARITABLE USE$2,000
ROSEDALE PARK BAPTIST CHURCH
14179 EVERGREENDETROITMI48223CHARITABLE USE$1,000
THE SOJOURNER CHARITABLE FUND
PO BOX 2158LAKELANDFL33806CHARITABLE USE$1,000
CARE NET PREGNANCY CENTER
2826 COOLIDGE HWYBERKLEYMI48072CHARITABLE USE$1,000
LIFE MODEL WORKS
8605 SANTA MONICA BLVDSUITE 17808WEST HOLLYWOODCA90069CHARITABLE PURPOSE$1,000
HAVEN OF HOPE MINISTRY
9811 THOMPSON RDLAKE ODESSAMI48849CHARITABLE USE$1,000
THE ALS ASSOCIATION TENNESSEE
PO BOX 40244NASHVILLETN37204CHARITABLE USE$2,000
THE CRUCIBLE PROJECT
1420 SMITH STWALLERTX77484CHARITABLE USE$1,000
KING FAMILY FOUNDATION
6688 N CENTRAL EXPRESSWAYDALLASTX75206CHARITABLE USE$1,000
THE HOUSE OF PROVIDENCE
PO BOX 18OXFORDMI48371CHARITABLE USE$1,000
LIBERIAN YOUTH ORCHESTRA
2500 S JOHN HIX RDWESTLANDMI48186CHARITABLE USE$2,000
RETROUVAILLE OF METRO DETROIT
39600 GARFIELD RDCLINTON TWPMI48038CHARITABLE USE$1,000
YWAM METRO DETROIT
16700 FAIRMOUNT DRDETROITMI48205CHARITABLE USE$2,000
RIGHT TO LIFE OF MICHIGAN
PO BOX 901GRAND RAPIDSMI49509CHARITABLE USE$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$37,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$172ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$172ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$172TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonTIMOTHY ELEANOR BROEContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line120476 LEXINGTONAddressLine1Txt
CityNORTHVILLECityNm
State AbbreviationMIStateAbbreviationCd
ZIP48167ZIPCd
FieldValueIRS element (for citing)
Total Contributions$35,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDescAmtAmt
UNREALIZED LOSS$22
FEDRAL INCOME TAX$237

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
STATE OF MICHIGAN FILING FEE$25$25
BANK FEES

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