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The Browning Family Foundation: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
The Browning Family Foundation (EIN 45-3668378)
Tax period
2025-01-01 to 2025-06-06
Filed
2026-04-16
IRS object ID
202641069349100819
Schema version
2025v4.1
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)
Return2026-04-16T13:08:12-05:00ReturnTs
Tax Period End2025-06-06TaxPeriodEndDt

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 Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453668378EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Browning Family 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)
PersonBrian BrowningPersonNm
Person TitleTreasurerPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,964InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,964InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$680DividendsRevAndExpnssAmt
Dividends Net Invst Incm$680DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,644TotalRevAndExpnssAmt
Total Net Invst Incm$2,644TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$2,565OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,565OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,200TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$6,748OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$6,748OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$10,513TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,565TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,748TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,938,192ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,938,192ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,948,705TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,565TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,944,940TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,946,061ExcessRevenueOverExpensesAmt
Net Investment Income$79NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$1,078,149SavAndTempCashInvstBOYAmt
Corporate Stock BOY$553,186CorporateStockBOYAmt
Total Assets BOY$1,631,335TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,631,335RetainedEarningBOYAmt
Tot Net Ast Or Fund Balances BOY$1,631,335TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,631,335TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$0TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,631,335TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,946,061ExcessRevenueOverExpensesAmt
Other Increases$314,726OtherIncreasesAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$137EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$137TotalPaymentsAndCreditsAmt
Overpayment$136OverpaymentAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$136RefundAmt

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 EtcYes (true)OrganizationDissolvedEtcInd
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 FundYes (true)DonorAdvisedFundInd
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
Brian P Browning
Foundation Source 501 Silverside RdWilmingtonDE198091377Treas1.0$0$0$0
Perry Browning
Foundation Source 501 Silverside RdWilmingtonDE198091377Pres, Dir, Sec1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$173,640AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$324,033AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$497,673TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$497,673AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,465CashDeemedCharitableAmt
Net Vl Noncharitable Assets$490,208NetVlNoncharitableAssetsAmt
Minimum Investment Return$10,543MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$10,543MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$10,542DistributableBeforeAdjAmt
Distributable Before Ded$10,542DistributableBeforeDedAmt
Distributable As Adjusted$10,542DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,944,940ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,944,940QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$10,542DistributableAsAdjustedAmt
Undistributed Income PY$83,465UndistributedIncomePYAmt
Prior Year12023PriorYear1Yr
Prior Year22022PriorYear2Yr
Prior Year32021PriorYear3Yr
Qualifying Distributions$1,944,940QualifyingDistributionsAmt
Applied To Year1$83,465AppliedToYear1Amt
Applied To Current Year$10,542AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,850,933RemainingDistriFromCorpusAmt
Total Corpus$1,850,933TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,850,933ExcessDistriCyovToNextYrAmt
Excess From Current Year$1,850,933ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
PO BOX 23559ST PETERSBURGFL33742N/APCGeneral & Unrestricted (In-Kind grant - See General Explanation)$867,912
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
PO BOX 23559ST PETERSBURGFL33742N/APCGeneral & Unrestricted$1,070,280
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,938,192TotalGrantOrContriPdDurYrAmt

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$1,964ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$680ExclusionAmt
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 InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,644ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,644TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierIN-KIND GRANTSIdentifierTxt
Form And Line ReferencePART I LINE 25 AND PART XIV LINE 3AFormAndLineReferenceDesc
Medium ExplanationDISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OR AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $867,912 TOTAL BOOK VALUE OF PROPERTY: $553,186 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $867,912 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $314,726 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: VANGUARD TOTAL BOND MARKET ETF UNITS: 533 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $38,307 BOOK VALUE OF PROPERTY: $45,457 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $38,307 DESCRIPTION OF PROPERTY: FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX UNITS: 1255 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $52,864 BOOK VALUE OF PROPERTY: $36,234 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $52,864 DESCRIPTION OF PROPERTY: FIRST TRUST DOW JONES INTERNET INDEX UNITS: 433 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $113,204 BOOK VALUE OF PROPERTY: $51,373 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $113,204 DESCRIPTION OF PROPERTY: FIRST TRUST EUROZONE ALPHADEX UNITS: 495 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $21,773 BOOK VALUE OF PROPERTY: $22,007 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $21,773 DESCRIPTION OF PROPERTY: FIRST TR VALUE LN DV UNITS: 2153 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $95,529 BOOK VALUE OF PROPERTY: $69,199 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $95,529 DESCRIPTION OF PROPERTY: FIRST TRUST FINANCIALS ALPHADEX UNITS: 1000 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $55,406 BOOK VALUE OF PROPERTY: $30,833 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $55,406 DESCRIPTION OF PROPERTY: ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF UNITS: 803 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $40,254 BOOK VALUE OF PROPERTY: $44,945 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $40,254 DESCRIPTION OF PROPERTY: PRUDENTIAL TOTAL RETURN BD FD CL Z UNITS: 3742.043 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $44,156 BOOK VALUE OF PROPERTY: $56,952 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $44,156 DESCRIPTION OF PROPERTY: INVESCO QQQ TRUST UNITS: 341 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $179,219 BOOK VALUE OF PROPERTY: $54,337 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $179,219 DESCRIPTION OF PROPERTY: FIRST TRUST NASDQ 100 TECHNOLOGY UNITS: 591 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $119,266 BOOK VALUE OF PROPERTY: $47,474 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $119,266 DESCRIPTION OF PROPERTY: SPDR DJ SMALLCAP GRW UNITS: 609 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $55,924 BOOK VALUE OF PROPERTY: $34,368 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $55,924 DESCRIPTION OF PROPERTY: VANGUARD INTERMEDIATE TERM CORP BOND ETF UNITS: 649 DATE OF DISTRIBUTION: 2/12/2025 GRANT RECIPIENT: RAYMOND JAMES CHARITABLE ENDOWMENT FUND FMV OF PROPERTY: $52,011 BOOK VALUE OF PROPERTY: $60,007 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $52,011MediumExplanationTxt

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationTHE FOLLOWING INFORMATION IS SUBMITTED IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.6043-3(A)(1) AND THE FORM 990-PF INSTRUCTIONS: DURING THE TAXABLE YEAR ENDING JUNE 6, 2025, THE BROWNING FAMILY FOUNDATION (THE "FOUNDATION") MADE DISTRIBUTIONS FROM ASSETS FROM SOURCES OTHER THAN CURRENT INCOME IN COMPLETE LIQUIDATION. THE FOUNDATION FILED THE ATTACHED CERTIFICATE OF DISSOLUTION WITH THE SECRETARY OF STATE OF DELAWARE ON JUNE 6, 2025. THE FOUNDATION MADE DISTRIBUTIONS OF CASH AND SECURITIES TO THE GRANTEES LISTED IN THE ATTACHMENT TO PART XIV, LINE 3A; EACH SUCH GRANT WAS MADE SOLELY FOR THE CHARITABLE PURPOSE SPECIFIED THEREIN. A FINAL DISTRIBUTION OF THE FOUNDATION'S EXPECTED TAX REFUND OF $136 WILL BE MADE AS A GRANT TO A 501(C)(3) PUBLIC CHARITY PER IRS REGULATIONS.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescAdministrative FeesDesc
Revenue And Expenses Per Books$6,748RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$6,748DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescGRANTS OF PUBLICLY TRADED SECURITIESDesc
Amt$314,726Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$2,565Amt
Net Investment Income$2,565NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Extension for 2024CategoryTxt
Amt$1,200Amt

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