Joshua M And Inette S Brown Familyfoundation
- Assets
- $149.1k
- Revenue
- $62.5k
- Investments
- $135.9k
- Employees
- 0
- Location
- Paradise Valley, AZ
- Founding
- 10/2007
- Data as of
- 12/2022
- EIN
- 26-0433294
Organization Overview
Joshua M And Inette S Brown Familyfoundation is located in Paradise Valley, AZ. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joshua M And Inette S Brown Familyfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Joshua M And Inette S Brown Familyfoundation generated $62.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $150.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Joshua M And Inette S Brown Familyfoundation has awarded 130 individual grants totaling $1,118,605. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSETS OF THE FOUNDATION WERE USED AND WILL CONTINUE TO BE USED TO FUND CHARITABLE CAUSES OR TO FUND PUBLIC CHARITIES. SEE PART XV, LINE 3 (A).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua M Brown President | 2 | $0 | |
Inette S Brown Secretary-Treasurer | 2 | $0 | |
Brandon Pope Director | 0 | $0 | |
Aaron Brown Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $9,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,743 |
| Capital Gain Net Income | $52,743 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,470 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,700 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $150,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,246 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $149,112 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joshua M And Inette S Brown Familyfoundation has awarded $145,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ANTI-DEFAMATION LEAGUE PURPOSE: GENERAL | $25,000 |
BAYLOR HEALTH CARE SYSTEM FOUNDATION PURPOSE: GENERAL | $20,000 |
FOUNDATION FOR DEFENSE OF DEMOCRACIES PURPOSE: GENERAL | $10,000 |
JEWISH FEDERATION OF DALLAS PURPOSE: GENERAL | $30,000 |
UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: GENERAL | $40,000 |
MAYO CLINIC PURPOSE: GENERAL | $20,000 |