TIMOTHY AND ELEANOR K BROE FAMILYFOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
TIMOTHY AND ELEANOR K BROE FAMILYFOUNDATION (EIN 20-3690237)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-28
IRS object ID
202542099349100269
Schema version
2024v5.0
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)
Return2025-07-28T15:11:45-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-07-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL SCHWARTZ CPAPreparerPersonNm
PTINP00161020PTIN
Phone2486456010PhoneNum
Preparation2025-07-28PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$777,920FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$26,210InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$26,210InterestOnSavNetInvstIncmAmt
Total Rev And Expnss$26,210TotalRevAndExpnssAmt
Total Net Invst Incm$26,210TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$34OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$34TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$46,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$46,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$46,534TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$46,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$20,324ExcessRevenueOverExpensesAmt
Net Investment Income$26,210NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$795,692SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$777,920SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$777,920SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$795,692TotalAssetsBOYAmt
Total Assets EOY$777,920TotalAssetsEOYAmt
Total Assets EOYFMV$777,920TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$795,692NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$777,920NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$795,692TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$777,920TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$795,692TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$777,920TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$795,692TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$20,324ExcessRevenueOverExpensesAmt
Other Increases$2,733OtherIncreasesAmt
Subtotal$778,101SubtotalAmt
Other Decreases$181OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$777,920TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Ruling Letter2007-01-17RulingLetterDt
Investment Income Excise Tax$364InvestmentIncomeExciseTaxAmt
Subtotal$364SubtotalAmt
Tax Based On Investment Income$364TaxBasedOnInvestmentIncomeAmt
Tax Due$364TaxDueAmt

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 ContributorsfalseNewSubstantialContributorsInd
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$46,500Expenses1Amt

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$786,806AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$786,806TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$786,806AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,802CashDeemedCharitableAmt
Net Vl Noncharitable Assets$775,004NetVlNoncharitableAssetsAmt
Minimum Investment Return$38,750MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$38,750MinimumInvestmentReturnAmt
Tax Based On Investment Income$364TaxBasedOnInvestmentIncomeAmt
Total Tax$364TotalTaxAmt
Distributable Before Adj$38,386DistributableBeforeAdjAmt
Distributable Before Ded$38,386DistributableBeforeDedAmt
Distributable As Adjusted$38,386DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$46,500ExpensesAndContributionsAmt
Qualifying Distributions$46,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$38,386DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$8,319ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$8,319TotalExcessDistributionCyovAmt
Qualifying Distributions$46,500QualifyingDistributionsAmt
Applied To Current Year$38,386AppliedToCurrentYearAmt
Remaining Distri From Corpus$8,114RemainingDistriFromCorpusAmt
Total Corpus$16,433TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$16,433ExcessDistriCyovToNextYrAmt
Excess From Year1$8,319ExcessFromYear1Amt
Excess From Current Year$8,114ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GOSPEL FELLOWSHIP ASSOCIATION
1809 WADE HAMPTON BLVDSUITE110GREENVILLESC29609CHARITABLE USE$2,000
CARE NET PREGNANCY CENTER
2826 COOLIDGE HWYBERKLEYMI48072CHARITABLE USE$5,000
THRIVE TODAY
PO BOX 1711HOLLANDMI49422CHARITABLE USE$2,000
CHRIST THE KING CATHOLIC SCHOOL
16800 TRINITY AVEDETROITMI48219CHARITABLE USE$5,000
OMF INTERNATIONAL
10 WEST DRY CREEK CIRCLELITTLETONCO80120CHARITABLE USE$4,500
TZEDAKAH MINISTRIES INC
978 BIG SKY DRIVEWAXAHACHIETX751678957CHARITABLE USE$3,000
RIGHT TO LIFE
PO BOX 901GRAND RAPIDSMI49509CHARITABLE USE$5,000
WESTSIDE CHRISTION ACADEMY
9450 BRAMELLDETROITMI482391302CHARITABLE USE$5,000
THE YUNION
111 EAST KIRBY STREETDETROITMI48202CHARITABLE USE$7,000
LIBERIAN YOUTH ORCHESTRA
2500 S JOHN HIX RDWESTLANDMI48186CHARITABLE USE$3,000
REDEEMING HOPE CHURCH
650 CHURCH STSUITE 316PLYMOUTHMI48170CHARITABLE USE$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$46,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26,210ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$26,210ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$26,210TotalIncomeProducingActyAmt

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

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescFEDERAL INCOME TAXDesc
Amt$181Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK FEES$34

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINSDesc
Amt$2,733Amt

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