BROOKSVILLE FUND INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: BROOKSVILLE FUND INC (EIN 31-1764192)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-06-07
IRS object ID: 201201599349100000
Schema version: 2011v1.2
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
Form 990-PF
Other Assets Schedule
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-06-07T05:54:38-07:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	311764192	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE BROOKSVILLE FUND INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	BROO	NameControl
Phone	4073511717	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7575 DR PHILLIPS BLVD SUITE 310	AddressLine1
City	ORLANDO	City
State	FL	State
ZIP Code	32819	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	WILLIAM H MACARTHUR	Name
Title	President	Title
Date Signed	2012-06-06	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	9850	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	3450	ContriReceivedRevAndExpnss
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	165	DividendsRevAndExpnss
Dividends Net Invst Incm	165	DividendsNetInvstIncm
Dividends Adj Net Incm	165	DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss	200	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	11870	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	9888	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	3815	TotalRevenueAndExpenses
Total Net Investment Income	10053	TotalNetInvestmentIncome
Total Adjusted Net Income	165	TotalAdjustedNetIncome
Interest Rev And Expnss	30	InterestRevAndExpnss
Interest Dsbrs Chrtbl Prps	30	InterestDsbrsChrtblPrps
Taxes Rev And Expnss	379	TaxesRevAndExpnss
Taxes Dsbrs Chrtbl Prps	229	TaxesDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	5002	TravConfMeetingRevAndExpnss
Trav Conf Meeting Dsbrs Chrtbl Prps	5002	TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss	770	OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps	770	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	6181	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	6031	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	4150	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	4150	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	10331	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	10181	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-6516	ExcessOfRevenueOverExpenses
Net Investment Income	10053	NetInvestmentIncome
Adjusted Net Income	165	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	1939	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	7092	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	7092	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	13100	InvestmentsCorpStockBOY
Investments Corp Stock EOY	1430	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	2758	InvestmentsCorpStockEOYFMV
Other Assets EOY	1	OtherAssetsEOY
Total Assets BOY	15039	TotalAssetsBOY
Total Assets EOY	8523	TotalAssetsEOY
Total Assets EOYFMV	9850	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	15039	RetainedEarningsBOY
Retained Earnings EOY	8523	RetainedEarningsEOY
Total Net Assets BOY	15039	TotalNetAssetsBOY
Total Net Assets EOY	8523	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	15039	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	8523	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	15039	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-6516	ExcessOfRevenueOverExpenses
Subtotal	8523	Subtotal
Total Net Assets Fund Balances EOY	8523	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
20 SHS IBM	P	2006-12-14	2011-11-29	3633	370	3263	3263
5 SHS IBM	D	2006-12-14	2011-03-31	818	93	725	725
55 SHS AMERICAN EXPRESS CO	D	2006-12-14	2011-07-25	2837	557	2280	2280
75 SHS AMERICAN EXPRESS CO	D	2006-12-14	2011-06-06	3675	759	2916	2916
20 SHS AMERICAN EXPRESS CO	D	2006-12-14	2011-03-31	907	203	704	704

Field	Value	IRS element (for citing)
Capital Gain Net Income	9888	CapitalGainNetIncome

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	201	InvestmentIncomeExciseTax
Subtotal	201	Subtotal
Tax Based On Investment Income	201	TaxBasedOnInvestmentIncome
Tax Due	201	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Form990 T Filed	false	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	FL	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	true	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WILLIAM H MACARTHUR	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	4073511717	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	7575 DR PHILLIPS BLVD SUITE 310	AddressLine1
City	ORLANDO	City
State	FL	State
ZIP Code	328197221	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	true	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	true	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Tr Fail To Qualify As Exceptions	false	TrFailToQualifyAsExceptions
Maint Expend Responsibility	false	MaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
MARK EWALD
P O BOX 942	VICTOR	ID	83455	Secretary	0.00	0
LUZ THORON-MACARTHUR
1014 HARBOUR ISLAND ROAD	ORLANDO	FL	328093040	Director	0.00	0
WILLIAM H MACARTHUR
1014 HARBOUR ISLAND ROAD	ORLANDO	FL	328093040	President	1.00	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	MEDICAL RESEARCH AND RELIEF EFFORTS IN KENYA (AMREF)	Description1
Expenses1	932	Expenses1
Description2	ATTENDANCE AT NYC BOARD MEETING FOR AFRICAN MEDICAL & RESEARCH FOUNDATION	Description2
Expenses2	602	Expenses2
Description3	ATTENDANCE AT NYC BOARD MEETING FOR GLOBAL FUND FOR HUMANITY	Description3
Expenses3	600	Expenses3
Description4	TRAVEL COST ASSOCIATED WITH SPECIALISTS-CHELONIAN RESEARCH INSTITUTE	Description4
Expenses4	1450	Expenses4

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	9340	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	2098	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	11438	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	11438	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	172	CashDeemedCharitable
Net Noncharitable Assets	11266	NetNoncharitableAssets
Minimum Investment Return	563	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	X	Sect4942j3j5FndtnAndFrgnOrg

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	10181	ExpensesAndContributions
Qualifying Distributions	10181	QualifyingDistributions
Adj Qualifying Distributions	10181	AdjQualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

Field	Value	IRS element (for citing)
Date Of Ruling	2001-08-17	DateOfRuling
Section4942j3	X	Section4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Field	Value	IRS element (for citing)
Current Year	165	CurrentYear
Year1	284	Year1
Year2	653	Year2
Year3	1691	Year3
Total	2793	Total

Percent85 Of Lessor Percent85OfLessor

Field	Value	IRS element (for citing)
Current Year	140	CurrentYear
Year1	241	Year1
Year2	555	Year2
Year3	1437	Year3
Total	2373	Total

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Current Year	10181	CurrentYear
Year1	13959	Year1
Year2	42389	Year2
Year3	101050	Year3
Total	167579	Total

Qlfy Distri Not Used Directly QlfyDistriNotUsedDirectly

Field	Value	IRS element (for citing)
Current Year	4318	CurrentYear
Year1	9850	Year1
Year2	40896	Year2
Year3	81750	Year3
Total	136814	Total

Qlfy Distri Made Directly QlfyDistriMadeDirectly

Field	Value	IRS element (for citing)
Current Year	5863	CurrentYear
Year1	4109	Year1
Year2	1493	Year2
Year3	19300	Year3
Total	30765	Total

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

Field	Value	IRS element (for citing)
Current Year	375	CurrentYear
Year1	587	Year1
Year2	1418	Year2
Year3	4336	Year3
Total	6716	Total

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	LUZ THORON-MACARTHUR	ContributingManager
Contributing Manager	WILLIAM H MACARTHUR	ContributingManager

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	WILLIAM H MACARTHUR	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	7575 DR PHILLIPS BLVD SUITE 310	AddressLine1
City	ORLANDO	City
State	FL	State
ZIP Code	328197221	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	4073511717	RecipientPhoneNumber
Form And Info And Materials	INDIVIDUAL 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.	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	LIMITED TO REASONABLE TUITION AND RELATED EXPENSES.	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Address Line1RecipientForeignAddress/AddressLine1	CityRecipientForeignAddress/City	Province Or StateRecipientForeignAddress/ProvinceOrState	CountryRecipientForeignAddress/Country	Postal CodeRecipientForeignAddress/PostalCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode
SAMBHALI TRUST
1ST OLD PUBLIC PARK	RAIKABAGH, JODHPUR	RAJASTHAN	IN	342001	NONE	509(a)	SCHOLARSHIP	$350
AFRICAN MEDICAL RESEARCH FOUNDATION
					N/A	509(a)	INFRASTRUCTURE SUPPORT TO MEDICAL PROVIDER IN NAIROBI KENYA	$100	4 WEST 43RD STREET 2ND FLOOR	NEW YORK	NY	10036
MADAGASCAR LES PROJET DES SRFB
58 LALANA S STEHANI	ANTANANARIVO	CENTRAL MADAGASCAR	MA	101	N/A	509(a)	CONTRIBUTION TO CATHOLIC CHURCH ORGANIZATION RELIEVING POVERTY IN MADAGASCAR	$3,700

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	4150	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	3	ExclusionCode
Exclusion	$165	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	3	ExclusionCode
Exclusion	$200	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$365	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	365	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	Rounding	Description
EOY Book Value	1	EOYBookValue

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
OFFICE EXPENSE	-149	-149
MEALS & ENTERTAINMENT	368	368
DUES AND SUBSCRIPTIONS	95	95
BANK CHARGES	456	456

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategory	AmountAmount	Disbursements Charitable PrpsDisbursementsCharitablePrps
TAX ON INVESTMENT INCOME	$168	168
STATE FILING FEES	$150
ANNUAL REPORT FEE	$61	61

BROOKSVILLE FUND INC: Form 990PF, tax year 2011

Return header ReturnHeader

Filer Filer

Name Name

US Address USAddress

Officer Officer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Private Operating Foundations PrivateOperatingFoundations

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Percent85 Of Lessor Percent85OfLessor

Qualifying Distributions QualifyingDistributions

Qlfy Distri Not Used Directly QlfyDistriNotUsedDirectly

Qlfy Distri Made Directly QlfyDistriMadeDirectly

Two Thirds Min Invst Return TwoThirdsMinInvstReturn

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

Comments