BETA

BROWN FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
BROWN FOUNDATION INC (EIN 22-2663141)
Tax period
2020-12-01 to 2021-11-30
Filed
2022-10-04
IRS object ID
202222779349100802
Schema version
2020v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-10-04T11:21:31-05:00ReturnTs
Tax Period End2021-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN352123203PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KSM BUSINESS SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 40857AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222663141EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BROWN FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBROWBusinessNameControlTxt
Phone2018630099PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line144 COCOANUT ROW UNIT B317AddressLine1Txt
CityPALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33480ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID BROWNPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2014997071PhoneNum
Signature2022-10-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDAVIDPersonFirstNm
Person LastBROWNPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSHUA K MALARSKYPreparerPersonNm
PTINP01259516PTIN
Phone3175802000PhoneNum
Preparation2022-10-04PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$11,720,073FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$500,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$642InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$642InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$241,484DividendsRevAndExpnssAmt
Dividends Net Invst Incm$241,484DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$39,977GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$39,977GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$23,726NetRentalIncomeOrLossAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$782,103TotalRevAndExpnssAmt
Total Net Invst Incm$282,103TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$2,750LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$2,750LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,200AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$15,147TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$13,381DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$13,381DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$1,111OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$120OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$36,589TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$16,251TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$101,250ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$101,250ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$137,839TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$16,251TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$101,250TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$644,264ExcessRevenueOverExpensesAmt
Net Investment Income$265,852NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,687,735CashBOYAmt
Cash EOY$2,318,223CashEOYAmt
Cash EOYFMV$2,318,223CashEOYFMVAmt
Corporate Stock BOY$377,460CorporateStockBOYAmt
Corporate Stock EOY$377,460CorporateStockEOYAmt
Corporate Stock EOYFMV$453,420CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$460,988InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$407,291InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$67,078LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$53,697LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$53,697LandBldgInvestmentsEOYFMVAmt
Other Investments BOY$6,264,825OtherInvestmentsBOYAmt
Other Investments EOY$6,266,782OtherInvestmentsEOYAmt
Other Investments EOYFMV$8,324,165OtherInvestmentsEOYFMVAmt
Other Assets BOY$547,368OtherAssetsBOYAmt
Other Assets EOY$570,568OtherAssetsEOYAmt
Other Assets EOYFMV$570,568OtherAssetsEOYFMVAmt
Total Assets BOY$8,944,466TotalAssetsBOYAmt
Total Assets EOY$9,586,730TotalAssetsEOYAmt
Total Assets EOYFMV$11,720,073TotalAssetsEOYFMVAmt
Accounts Payable BOY$2,000AccountsPayableBOYAmt
Other Liabilities BOY$4,500OtherLiabilitiesBOYAmt
Other Liabilities EOY$4,500OtherLiabilitiesEOYAmt
Total Liabilities BOY$6,500TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,500TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$8,937,966RetainedEarningBOYAmt
Retained Earning EOY$9,582,230RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$8,937,966TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$9,582,230TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,944,466TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$9,586,730TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$8,937,966TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$644,264ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$9,582,230SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$9,582,230TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,695InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$3,695SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$3,695TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,647EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$3,647TotalPaymentsAndCreditsAmt
Es Penalty$38EsPenaltyAmt
Tax Due$86TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen0Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDAVID BROWNIndividualWithBooksNm
Phone2018630099PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line144 COCOANUT ROW UNIT B317AddressLine1Txt
CityPALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33480ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAVID BROWN
44 COCOANUT ROW APT NO B317PALM BEACHFL33480PRESIDENT0.50$0$0$0
ADAM R BROWN
545 CEDAR LANETEANECKNJ07666SECRETARY/TREASURER0.25$0$0$0
NIKKI MINTZ BROWN
545 CEDAR LANETEANECKNJ07666OFFICER0.25$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$288,387AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$65,764AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$591,725FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$945,876TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$945,876AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,188CashDeemedCharitableAmt
Net Vl Noncharitable Assets$931,688NetVlNoncharitableAssetsAmt
Minimum Investment Return$46,584MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$46,584MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,695TaxBasedOnInvestmentIncomeAmt
Total Tax$3,695TotalTaxAmt
Distributable Before Adj$42,889DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$42,889DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$42,889DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$101,250ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$101,250QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$101,250AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$42,889DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$196,339ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$466,595ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$408,735ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$67,245ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$187,337ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,326,251TotalExcessDistributionCyovAmt
Qualifying Distributions$101,250QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$42,889AppliedToCurrentYearAmt
Remaining Distri From Corpus$58,361RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$1,384,612TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$196,339ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,188,273ExcessDistriCyovToNextYrAmt
Excess From Year4$466,595ExcessFromYear4Amt
Excess From Year3$408,735ExcessFromYear3Amt
Excess From Year2$67,245ExcessFromYear2Amt
Excess From Year1$187,337ExcessFromYear1Amt
Excess From Current Year$58,361ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ARNOLD P GOLD FOUNDATION
619 E PALISADE AVE 5ENGLEWOOD CLIFFSNJ07632N/APCTO PROVIDE COMPASSIONATE, COLLABORATIVE, AND SCIENTIFICALLY EXCELLENT PATIENT CARE$25,000
JDRF INTERNATIONAL
26 BROADWAY 14TH FLOORNEW YORKNY10004N/APCTO FUND TYPE 1 DIABETES RESEARCH$20,000
MARTHA'S VINEYARD COMMUNITY SERVICES INC
111 EDGARTOWN RDVINEYARD HAVENMA02568N/APCHELPING COMMUNITY THROUGH EDUCATIONAL AND HEALTH PROGRAMS$25,000
MARTHA'S VINEYARD MV HEBREW CENTER
PO BOX 692VINEYARD HAVENMA02568N/APCRELIGIOUS ORGANIZATION$5,000
NEW ENGLAND CONSERVATORY OF MUSIC
290 HUNTINGTON AVENUEBOSTONMA02115N/APCTO EDUCATE AND TRAIN MUSICIANS OF ALL AGES FROM AROUND THE WORLD$10,000
THOMAS COLE NATIONAL HISTORIC SITE
PO BOX 426CATSKILLNY12414N/APCHISTORIC SITE PRESERVATION$15,000
URBAN RESOURCES INITIATIVE INC
195 PROSPECT STNEW HAVENCT06511N/APCPROVIDES PAID JOB TRAINING TO PEOPLE WHOSE LIFE HISTORY INCLUDES INCARCERATION.$1,250
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$101,250TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$642ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$241,484ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$23,726ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$265,852ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$265,852TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

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 Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1DAVID BROWNBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line144 COCOANUT ROW UNIT B317AddressLine1Txt
CityPALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33480ZIPCd
FieldValueIRS element (for citing)
Total Contributions$500,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$4,200Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (5 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
BUILDING1991-05-01$412,000$386,754SL31.500000000000$13,079$13,079
BUILDING IMPROVEMENTS1991-12-01$3,150$2,934SL31.500000000000$100$100
BUILDING IMPROVEMENTS1992-01-01$2,225$1,618SL31.500000000000$71$71
BUILDING IMPROVEMENTS1997-12-01$3,613$2,604SL27.500000000000$131$131
LAND1991-05-01$40,000L$0$0

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationNONE IS REQUIRED FOR THIS FOUNDATION.ExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
3M CO$333,960$355,260
MORGAN STANLEY$43,500$98,160

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (5 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
BUILDING$412,000$399,833$12,167
BUILDING IMPROVEMENTS$3,150$3,034$116
BUILDING IMPROVEMENTS$2,225$1,689$536
BUILDING IMPROVEMENTS$3,613$2,735$878
LAND$40,000$0$40,000

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (7 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
APARTMENT INVESTMENT & MANAGEMENT CO -AAT COST$546,279$448,085
BOSTON PROPERTIES INCAT COST$3,546,636$3,879,147
UDR INCAT COST$450,801$910,768
CAMDEN PROPERTY TRUSTAT COST$544,939$1,288,640
AVALONBAY COMMUNITIES INCAT COST$334,540$505,180
MID-AMERICA APARTMENT COMMAT COST$332,791$733,061
RPT REALTY REITAT COST$510,796$559,284

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$2,750LegalFeesAmt
Net Investment Income$2,750NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ART WORKS & ANTIQUE CARPETS$538,028$538,028$538,028
TENANT RECEIVABLES$9,340$32,540$32,540

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$950$0$0
MESCELLANEOUS EXPENSES$41$0$0
OTHER GENERAL AND ADMINISTRATIVE EXPENSES$120$120$0

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescTENANT SECURITY DEPOSITDesc
BOY Book Value$4,500BOYBookValueAmt
EOY Book Value$4,500EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryUS TREASURYCategoryTxt
Amt$15,147Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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