BETA

THE BROWNIE FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE BROWNIE FOUNDATION (EIN 82-1397172)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-23
IRS object ID
202532969349100003
Schema version
2024v5.2
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)
Return2025-10-23T06:38:24-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN821397172EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Brownie FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlBROWBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPeter JensenPersonNm
Person TitleTreasurerPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-10-20SignatureDt
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 PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
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$2,994,179FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$371,900ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$14,571InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14,571InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$67,985DividendsRevAndExpnssAmt
Dividends Net Invst Incm$67,985DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$16,730NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$107,787GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$16,730CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$471,186TotalRevAndExpnssAmt
Total Net Invst Incm$99,286TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$1,302TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$13,585OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$13,585OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$14,887TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,585TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$388,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$88,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$402,887TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$101,585TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$68,299ExcessRevenueOverExpensesAmt
Net Investment Income$99,286NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$435,474SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$217,086SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$217,086SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,031,892CorporateStockBOYAmt
Corporate Stock EOY$2,318,579CorporateStockEOYAmt
Corporate Stock EOYFMV$2,777,093CorporateStockEOYFMVAmt
Total Assets BOY$2,467,366TotalAssetsBOYAmt
Total Assets EOY$2,535,665TotalAssetsEOYAmt
Total Assets EOYFMV$2,994,179TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,467,366RetainedEarningBOYAmt
Retained Earning EOY$2,535,665RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,467,366TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,535,665TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,467,366TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,535,665TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,467,366TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$68,299ExcessRevenueOverExpensesAmt
Subtotal$2,535,665SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,535,665TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$107,787GrossSalesPriceAmt
Cost Or Other Basis$91,057CostOrOtherBasisAmt
Gain Or Loss$16,730GainOrLossAmt
Gains Minus Excess Or Losses$16,730GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$16,730CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,380InvestmentIncomeExciseTaxAmt
Subtotal$1,380SubtotalAmt
Tax Based On Investment Income$1,380TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,500TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$120OverpaymentAmt
Applied To ES Tax$120AppliedToESTaxAmt

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 StateDEOrgReportOrRegisterStateCd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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
Christine Jensen
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres1.0$0$0$0
Peter Jensen
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Sec, Treas1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1TEENS INC. DESCRIPTION: TO FUND THE CONSTRUCTION OF AN EARLY CHILDHOOD EDUCATION CENTER IN WHICH THE LOAN WAS FORGIVEN DURING THE YEAR SO NOT INCLUDED IN PART IIDescription1Txt
Expenses1$300,000Expenses1Amt
Total$300,000TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,631,773AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$304,630AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,936,403TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,936,403AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$44,046CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,892,357NetVlNoncharitableAssetsAmt
Minimum Investment Return$144,618MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$144,618MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,380TaxBasedOnInvestmentIncomeAmt
Total Tax$1,380TotalTaxAmt
Distributable Before Adj$143,238DistributableBeforeAdjAmt
Distributable Before Ded$143,238DistributableBeforeDedAmt
Distributable As Adjusted$143,238DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$101,585ExpensesAndContributionsAmt
Program Related Invst Total$300,000ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$401,585QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$143,238DistributableAsAdjustedAmt
Undistributed Income PY$116,968UndistributedIncomePYAmt
Qualifying Distributions$401,585QualifyingDistributionsAmt
Applied To Year1$116,968AppliedToYear1Amt
Applied To Current Year$143,238AppliedToCurrentYearAmt
Remaining Distri From Corpus$141,379RemainingDistriFromCorpusAmt
Total Corpus$141,379TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$141,379ExcessDistriCyovToNextYrAmt
Excess From Current Year$141,379ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ARTISTS FOR COMMUNITY TRANSFORMATION INTL INC
PO BOX 1966BRENTWOODTN37024N/APCFunds for J127 Ranch$3,000
BRIGID ALLIANCE INC
PO BOX 58NEW YORKNY10024N/APCGeneral & Unrestricted$1,600
FRONT RANGE COMMUNITY COLLEGE FOUNDATION FOR EDUC
3645 W 112TH AVEWESTMINSTERCO80031N/APCFoundation's High Needs Fund and Brownie Scholarship Fund$20,000
NATIVE AMERICAN RIGHTS FUND
250 ARAPAHOE AVEBOULDERCO80302N/APCGeneral & Unrestricted$1,500
PEAK ABUNDANCE
PO BOX 154NEDERLANDCO80466N/APCGeneral & Unrestricted$40,000
POINT OF PRIDE
PO BOX 10991EUGENEOR97440N/APCGeneral & Unrestricted$1,900
TEENS INC
PO BOX 1070NEDERLANDCO80466N/APCGeneral & Unrestricted$300,000
UNIVERSITY OF COLORADO FOUNDATION
PO BOX 17126DENVERCO80217N/APCColorado Shakespeare Festival Fund$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$388,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,571ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$67,985ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$16,730ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$99,286ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$99,286TotalIncomeProducingActyAmt

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 PersonChristine Ann Jensen 2016 CLATContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11 Sound Shore Drive Ste 204AddressLine1Txt
CityGreenwichCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06830ZIPCd
FieldValueIRS element (for citing)
Total Contributions$371,900TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierFORM 990-PF, PARTS I AND XIVIdentifierTxt
Form And Line ReferenceFORM 990-PF, PARTS I AND XIVFormAndLineReferenceDesc
Medium ExplanationTOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $388,000 Less PRI forgiveness not treated as a qualifying distribution on Part I Line 25: $300,000 TOTAL Part I, Line 25, Column (d): $88,000MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
VANGUARD GOVT BOND ETF INTERME$372,085$329,820
VANGUARD HIGH DIV YIELD$248,812$323,355
VANGUARD LG-CAP ETF$520,093$802,666
VANGUARD MID-CAP VALUE INDEX$118,929$175,323
VANGUARD SM-CAP ETF$73,611$113,928
VANGUARD SMALL-CAP VALUE ETF$91,624$138,424
VANGUARD TOTAL BOND MARKET ETF$325,942$306,524
VANGUARD TOTAL INTERNATIONAL S$567,483$587,053

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$13,560$13,560
State or Local Filing Fees$25$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2024$1,000
990-PF Excise Tax for 2023$302

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