BETA

BROOKSVILLE FUND INC: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
BROOKSVILLE FUND INC (EIN 31-1764192)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-14
IRS object ID
201733189349102063
Schema version
2016v3.0
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)
Return2017-11-14T12:23:11-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311764192EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BROOKSVILLE FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBROOBusinessNameControlTxt
Phone4073511717PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 WEST LUCERNE CIRCLEAddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32801ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM H MACARTHURPersonNm
Person TitlePresidentPersonTitleTxt
Signature2017-11-14SignatureDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,743FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$7,500ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$170DividendsRevAndExpnssAmt
Dividends Net Invst Incm$170DividendsNetInvstIncmAmt
Dividends Adj Net Incm$170DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$1,334NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$5,691GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,705CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$9,004TotalRevAndExpnssAmt
Total Net Invst Incm$2,875TotalNetInvstIncmAmt
Total Adj Net Incm$170TotalAdjNetIncmAmt
Taxes Rev And Expnss$112TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$112TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$478OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$478OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$590TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$590TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$17,900ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$17,900ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$18,490TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$18,490TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$9,486ExcessRevenueOverExpensesAmt
Net Investment Income$2,875NetInvestmentIncomeAmt
Adjusted Net Income$170AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$7,836SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,146SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,146SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$6,257CorporateStockBOYAmt
Corporate Stock EOY$1,900CorporateStockEOYAmt
Corporate Stock EOYFMV$3,597CorporateStockEOYFMVAmt
Total Assets BOY$14,093TotalAssetsBOYAmt
Total Assets EOY$5,046TotalAssetsEOYAmt
Total Assets EOYFMV$6,743TotalAssetsEOYFMVAmt
Accounts Payable BOY$132AccountsPayableBOYAmt
Accounts Payable EOY$571AccountsPayableEOYAmt
Total Liabilities BOY$132TotalLiabilitiesBOYAmt
Total Liabilities EOY$571TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$13,961RetainedEarningBOYAmt
Retained Earning EOY$4,475RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$13,961TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,475TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$14,093TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,046TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$13,961TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$9,486ExcessRevenueOverExpensesAmt
Subtotal$4,475SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,475TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
30 SHS AUTOMATIC DATA PROCESSINGD2010-12-312016-09-15$2,594$1,188$1,406$1,406
55 SHS EMERSON ELECTRICD2010-12-312016-04-27$3,097$1,798$1,299$1,299
FieldValueIRS element (for citing)
Capital Gain Net Income$2,705CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$58InvestmentIncomeExciseTaxAmt
Subtotal$58SubtotalAmt
Tax Based On Investment Income$58TaxBasedOnInvestmentIncomeAmt
Tax Due$58TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM H MACARTHURBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4073511717PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1100 WEST LUCERNE CIR STE 100-DAddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP328013763ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
WILLIAM H MACARTHUR
1014 HARBOUR ISLAND ROADORLANDOFL328093040President1.00$0
LUZ THORON-MACARTHUR
1014 HARBOUR ISLAND ROADORLANDOFL328093040Director0.00$0
MARK EWALD
P O BOX 942VICTORID83455Secretary0.00$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)
Description1PROVIDE RELIEF TO ORPHANS AND VULNERABLE CHILDREN IN CENTRAL MADAGASCAR VIA DONATIONS TO MADAGASCAR LES PROJET DES SRFB, A CATHOLIC CHURCH ORGANIZATION.Description1Txt
Expenses1$17,900Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$5,756AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,347AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,103TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$8,103AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$122CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,981NetVlNoncharitableAssetsAmt
Minimum Investment Return$399MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$18,490ExpensesAndContributionsAmt
Qualifying Distributions$18,490QualifyingDistributionsAmt
Adjusted Qualifying Distri$18,490AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2001-08-17PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$170CurrentYearAmt
Year1$307Year1Amt
Year2$403Year2Amt
Year3$655Year3Amt
Total$1,535TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$145CurrentYearAmt
Year1$261Year1Amt
Year2$343Year2Amt
Year3$557Year3Amt
Total$1,306TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$18,490CurrentYearAmt
Year1$7,650Year1Amt
Year2$17,504Year2Amt
Year3$22,705Year3Amt
Total$66,349TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$17,951CurrentYearAmt
Year1$7,064Year1Amt
Year2$14,371Year2Amt
Year3$19,410Year3Amt
Total$58,796TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$539CurrentYearAmt
Year1$586Year1Amt
Year2$3,133Year2Amt
Year3$3,295Year3Amt
Total$7,553TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$266CurrentYearAmt
Year1$452Year1Amt
Year2$623Year2Amt
Year3$886Year3Amt
Total$2,227TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerWILLIAM H MACARTHURContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonWILLIAM H MACARTHURRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1100 W LUCERNE CIR STE 100-DAddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32801ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4074952721RecipientPhoneNum
Form And Info And MaterialsINDIVIDUAL APPLICANTS SUBMIT A LETTER DETAILING ECONOMIC HARDSHIP, HIGHER EDUCATION ACADEMIC GOALS AND SPECIFIC EDUCATIONAL INSTITUTION ENROLLMENT PLANS. APPLICANT AGREES TO SUBMIT PROGRESS REPORTS FOR MONITORING PURPOSES.FormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsLIMITED TO REASONABLE TUITION AND RELATED EXPENSES.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonMADAGASCAR LES PROJET DES SRFBRecipientPersonNm

Recipient Foreign Address RecipientForeignAddress

FieldValueIRS element (for citing)
Address Line158 LALANA S STEHANIAddressLine1Txt
CityANTANANARIVOCityNm
Province Or StateCENTRAL MADAGASCAProvinceOrStateNm
CountryMACountryCd
Foreign Postal101ForeignPostalCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation Status509(a)RecipientFoundationStatusTxt
Grant Or Contribution PurposeCONTRIBUTION TO CATHOLIC CHURCH ORGANIZATION RELIEVING POVERTY IN MADAGASCARGrantOrContributionPurposeTxt
Amt$17,900Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$17,900TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion3ExclusionCd
Exclusion$170ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion3ExclusionCd
Exclusion$1,334ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,504ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,504TotalIncomeProducingActyAmt

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 Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$382$382
DUES AND SUBSCRIPTIONS$96$96

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ANNUAL REPORT FEE$61$61
TAX ON INVESTMENT INCOME$51$51

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.