Brothers Brook Foundation
- Assets
- $73.6m
- Revenue
- $2.0m
- Investments
- $72.6m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-1509070
Organization Overview
Brothers Brook Foundation is located in Denver, CO. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Brothers Brook Foundation 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, Brothers Brook Foundation generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.3%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Brothers Brook Foundation has awarded 296 individual grants totaling $14,973,217. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery Boyd President | 0.1 | $0 | |
Teresa Boyd Vice President | 0.1 | $0 | |
Jeffery H Boyd Jr Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,008,156 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,037 |
| Capital Gain Net Income | $21,037 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $393 |
| Total Revenue | $2,029,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $100,000 |
| Pension plans, employee benefits | $21,826 |
| Interest | $0 |
| Taxes | $39,520 |
| Depreciation | $319 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,305 |
| Printing and publications | $0 |
| Other expenses | $120,311 |
| Total operating and administrative expenses | $296,286 |
| Contributions, gifts, grants paid | $3,123,250 |
| Total expenses and disbursements | $3,419,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $985,759 |
| 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 | $72,639,811 |
| Net Land, buildings, and equipment | $8,095 |
| Other assets | $7,536 |
| Total assets | $73,641,201 |
| Accounts payable and accrued expenses | $4 |
| 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 | $4 |
Grants Awarded
Over the last fiscal year, Brothers Brook Foundation has awarded $3,123,250 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
ABILIS PURPOSE: QUALITY OF LIFE IN LOCAL COMMUNITIES | $60,000 |
ALL OUR KIN PURPOSE: FIGHT POVERTY / EDUCATION | $60,000 |
ALMOST FUN PURPOSE: FIGHT POVERTY / EDUCATION | $50,000 |
ALS THERAPY DEVELOPMENT INSTITUTE PURPOSE: TREATMENT/CURE FOR CHRONIC DISEASE | $50,000 |
AMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION INC PURPOSE: QUALITY OF LIFE IN LOCAL COMMUNITIES | $10,000 |
BROOKINGS INSTITUTE PURPOSE: NON-PARTISAN PUBLIC POLICY RESEARCH | $100,000 |