Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
BROWN MEMORIAL FOUNDATION
409 N W 3RD STREET SUITE A

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 187   Room/suite
City or town, state, and ZIP code
ABILENE, KS674100187
A Employer identification number

48-0573809
B Telephone number (see page 10 of the instructions)

(785) 263-2351
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$20,623,881
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 18,732
2 Check bullet
3 Interest on savings and temporary cash investments 27,353 27,353 27,353
4 Dividends and interest from securities...... 583,479 583,479 583,479
5a Gross rents.............. 15,040 15,040 15,040
b Net rental income or (loss) 10,381
6a Net gain or (loss) from sale of assets not on line 10 137,470
b Gross sales price for all assets on line 6a 661,298
7 Capital gain net income (from Part IV, line 2)... 137,470
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 190,947 0 190,947
12 Total. Add lines 1 through 11........ 973,021 763,342 816,819
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 62,226 6,223 6,073 56,003
14 Other employee salaries and wages...... 26,235 2,624 2,623 20,988
15 Pension plans, employee benefits....... 1,117 112 112 893
16a Legal fees (attach schedule)......... 725 73 72 580
b Accounting fees (attach schedule)....... 11,675 1,167 1,168 9,340
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) 6,153 615 616 4,922
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 4,659 4,659 4,659 0
21 Travel, conferences, and meetings....... 1,568 157 157 1,254
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 677,744 1,860 181,272 494,612
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 792,102 17,490 196,752 588,592
25 Contributions, gifts, grants paid........ 23,475 23,475
26 Total expenses and disbursements. Add lines 24 and 25 815,577 17,490 196,752 612,067
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 157,444
b Net investment income (if negative, enter -0-) 745,852
c Adjusted net income (if negative, enter -0-)... 620,067
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 3,994 2,596 2,596
2 Savings and temporary cash investments.......... 1,041,951 474,924 447,813
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 156,655 Click to see attachment156,655 158,507
b Investments—corporate stock (attach schedule)........ 1,157,879 Click to see attachment1,295,366 9,241,754
c Investments—corporate bonds (attach schedule)........ 6,481,150 Click to see attachment6,991,631 7,247,485
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet1,521,782
Less: accumulated depreciation (attach schedule) bullet   1,449,870 1,521,782 3,513,030
15 Other assets (describe bullet) Click to see attachment5,144 Click to see attachment12,696 Click to see attachment12,696
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,296,643 10,455,650 20,623,881
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment3,420 Click to see attachment4,983
23 Total liabilities (add lines 17 through 22).......... 3,420 4,983
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 6,688,532 6,688,532
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 3,604,691 3,762,135
30 Total net assets or fund balances (see page 17 of the
instructions).................... 10,293,223 10,450,667
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 10,296,643 10,455,650
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 10,293,223
2 Enter amount from Part I, line 27a...................... 2 157,444
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 10,450,667
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 10,450,667
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a CATERPRILLAR P 2007-08-03 2010-08-15
b PRINCIPAL LIFE INCOME FUNDINGS P 2007-08-10 2010-08-15
c 5,000SH BP PLC P 1999-02-11 2010-06-25
d HOUSEHOLD FINANCE 5.95% P 2003-10-17 2010-10-15
e HOUSEHOLD FINANCE 6.0% P 2003-04-24 2010-07-15
PRINCIPAL LIFE INCOME FUNDINGS P 2008-03-28 2010-04-15
WEYERHAEUSER 7.25% P 1993-08-04 2010-02-03
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 100,000   100,000 0
b 100,000   100,000 0
c 147,750   11,828 135,922
d 10,000   10,000 0
e 100,000   100,000 0
100,000   100,000 0
103,548   102,000 1,548
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69
(k) Excess of col. (i)
over col. (j), if any
a       0
b       0
c       135,922
d       0
e       0
      0
      1,548
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 137,470
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .
Bracket 3 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 607,278 14,927,236 0.040683
2008 620,130 19,334,598 0.032074
2007 588,085 20,284,215 0.028992
2006 564,453 18,498,841 0.030513
2005 587,307 17,231,752 0.034083
2 Total of line 1, column (d) ...................... 2 0.166345
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years
. . .
3 0.033269
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 16,196,211
5 Multiply line 4 by line 3....................... 5 538,832
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,459
7 Add lines 5 and 6......................... 7 546,291
8 Enter qualifying distributions from Part XII, line 4.............. 8 612,067
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 7,459
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 7,459
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,459
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 11,765
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,765
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,306
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet4,306 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletKS
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWOODS DURHAM CHARTERED Telephone no.bullet (785) 825-5494
    Located atbullet1619 EAST IRONSALINAKS ZIP+4bullet67401
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to
    employee benefit plans
    and deferred compensation
    (e) Expense account,
    other allowances
    AL P JONES PRESIDENT, GENERAL MANAGER
    25.00
    34,140 0 0
    2491 FAIR ROAD
    ABILENE,KS67410
    PAUL J MARTIN TRUSTEE
    1.00
    1,650 0 0
    500 HILLSIDE
    ABILENE,KS67410
    CHARLES A NORMAN TRUSTEE
    1.00
    1,500 0 0
    1107 S KS HWY 4
    HERINGTON,KS67449
    PHILIP J MULANAX TRUSTEE
    1.00
    1,800 0 0
    2828 INDY ROAD
    ABILENE,KS67410
    KENNETH J WETZEL TRUSTEE
    1.00
    1,800 0 0
    1198 OLD 40 HWY
    ABILENE,KS67410
    WILLIAM H SEARS TRUSTEE
    1.00
    1,800 0 0
    907 N BUCKEYE
    ABILENE,KS67410
    MARK A GUILFOYLE TRUSTEE
    1.00
    1,350 0 0
    306 NW 2ND
    ABILENE,KS67410
    PEGGY J FLETCHER SECRETARY-TREASURER
    32.00
    18,186 0 0
    1505 HICKOCK
    ABILENE,KS67410
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 OPERATION AND MAINTENANCE OF BROWN MEMORIAL HOME FOR SENIOR CITIZENS. SEE "STATEMENT WITH RESPECT TO EXEMPT PURPOSES" FOR STATISTICAL INFORMATION. 0
    2 OPERATION AND MAINTENANCE OF BROWN MEMORIAL PARK. SEE "STATEMENT WITH RESPECT TO EXEMPT PURPOSES". 0
    3 MAINTENANCE AND IMPROVEMENTS TO CAMP BROWN(BOY SCOUT CAMP). SEE "STATEMENT WITH RESPECT TO EXEMPT PURPOSES" 0
    4 OPERATION AND MAINTENANCE OF CAMP MARY DELL. SEE "STATEMENT WITH RESPECT TO EXEMPT PURPOSES". 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    15,675,090
    b
    Average of monthly cash balances.......................
    1b
    761,733
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    6,031
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,442,854
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    16,442,854
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    246,643
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,196,211
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    809,811
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
     
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
     
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
     
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    612,067
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    612,067
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    7,459
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    604,608
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus
    (b)
    Years prior to 2009
    (c)
    2009
    (d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$  
    a Applied to 2009, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)
     
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...
     
    d Applied to 2010 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...
     
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........
     
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........
     
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........
     
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............
     
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
    1974-06-26
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
    620,067 667,066 733,127 626,914 2,647,174
    b 85% of line 2a ......... 527,057 567,006 623,158 532,877 2,250,098
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
    612,067 614,013 620,130 588,085 2,434,295
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....
    0 0 0 16,300 16,300
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
    612,067 614,013 620,130 571,785 2,417,995
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
            0
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
    539,874 497,575 644,487 676,141 2,358,077
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
            0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
            0
    (3) Largest amount of support
    from an exempt organization
            0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ABILENE CEMETARY ASSOCIATION
    513 NW 14TH
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 150
    ABILENE CHAMBER OF COMMERCE
    500 N BUCKEYE
    ABILENE,KS67410
    NONE ASSOCIATION CONTRIBUTION 100
    BOY SCOUTS CORONADO COUNCIL
    644 S OHIO
    SALINA,KS67401
    NONE N/A CONTRIBUTION 5,000
    CHAPMAN HIGH SCHOOL
    422 BROADWAY
    CHAPMAN,KS67431
    NONE N/A CONTRIBUTION 25
    CHURCH WOMEN UN CHRISTMAS AID
    DEANNA WHITEHAIR 2202 S WASHINGTON
    ABILENE,KS67410
    NONE CHURCH CONTRIBUTION 800
    GIRL SCOUTS CENTRAL KANSAS
    1550 S BROADWAY
    SALINA,KS67401
    NONE ASSOCIATION CONTRIBUTION 150
    HERITAGE CENTER
    412 S CAMPBELL
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 100
    KANSAS STATE HISTORICAL
    6425 SW 6TH AVENUE
    TOPEKA,KS666151095
    NONE N/A CONTRIBUTION 100
    KSDS INC
    124 W 7TH
    WASHINGTON,KS66968
    NONE ASSOCIATION CONTRIBUTION 150
    MEALS ON WHEELS
    511 NE 10TH
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 300
    SAFE NIGHT AFTER PROM
    1300 N CEDAR
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 50
    SALVATION ARMY
    PRESBYTERIAN CHURCH 1400 N CEDAR
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 150
    THE HOPE CENTER
    305 N CEDAR
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 200
    TOYS FOR TOTS
    PO BOX 669
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 100
    HOSPICE OF DICKINSON COUNTY
    511 NE 10TH ST
    ABILENE,KS67410
    NONE N/A CONTRIBUTION 100
    MARIE AKER
    1821 FAIR ROAD
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    LUKE BRITTAN
    1201 N BUCKEYE
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    MICHELE DAVIDSON
    208 N VINE
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    KRISTEN EFURD
    846 1800 AVE
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    ALEX HARRIS
    606 MAPLE ST
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    SAMANTHA MURPHY
    411 N POPLAR
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 2,400
    DANIELLE SCANLAN
    2410 INDY RD
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    NICK WHELING
    1710 OVERHILL RD
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    COURTNEY WILSON
    460 1200 AVE
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    JAMES WILSON
    1872 GULF RD
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,400
    LOGAN PALENSKE
    205 HILLTOP DRIVE
    ABILENE,KS67410
    NONE N/A SCHOLARSHIP 1,000
    Total .................................bullet 3a 23,475
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    aHOME REVENUE 623000       169,139
    bPARK REVENUE 721210       87
    cCAMP MARY DELL RESERVATIONS 721210       10,183
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 27,353  
    4 Dividends and interest from securities....     14 583,479  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 10,381  
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 137,470  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aSALE OF RAISED CATTLE 110000 11,538      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 11,538 758,683 179,409
    13Total. Add line 12, columns (b), (d), and (e)...................
    13949,630
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    1A HOME REVENUE IS THE NOMINAL CHARGE MADE TO BROWN MEMORIAL HOME
    1A RESIDENTS. THE CHARGE COVERS ABOUT 24 % OF THE OPERATING COSTS OF
    1A THE HOME. (SEE "STATEMENT WITH RESPECT TO EXEMPT PURPOSES")
    1B PARK REVENUE IS DERIVED FROM THE SALE OF EXCESS BEEF CATTLE RAISED FOR
    1B USE BY THE BROWN MEMORIAL HOME,THE OPERATION OF WHICH IS THE PRINCIPAL
    1B CHARITABLE ACTIVITY OF THE FOUNDATION. (SEE "STATEMENT WITH RESPECT
    1B TO EXEMPT PURPOSES")
    1C PROCEEDS FROM C.L. BROWN HISTORY BOOKS ARE USED IN THE OPERATION OF
    1C BROWN MEMORIAL HOME AND PARK. ( C.L. BROWN WAS A SUBSTANTIAL
    1C CONTRIBUTOR OF THE FOUNDATION.)
    1D CAMP RESERVATIONS ARE THE MODEST CHARGES MADE TO ORGANIZATIONS
    1D AND GROUPS USING CAMP MARY DELL. ( SEE "STATEMENT WITH RESPECT TO
    1D EXEMPT PURPOSES")
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







    Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES 11,675 1,167 1,168 9,340

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AUTO ZONE-4.375% 100,946 104,072
    CITIGROUP-4.875% 107,250 102,140
    WEYERHAEUSER-7.25% 0 0
    DUKE ENERGY-5.30% 101,000 112,050
    SOUTHWESTERN BELL TELEPHONE-7% 99,625 115,155
    DUKE ENERGY-6.0% 107,500 108,610
    DIGITAL EQUIPMENT-7.75% 100,500 123,095
    GENERAL ELECTRIC CAPITAL CORP-5.25% 50,000 48,085
    J.P.MORGAN CHASE-6.75% 51,793 50,266
    CATERPILLAR-6.625% 50,565 58,250
    ANHEUSER BUSCH-6.50% 50,625 54,092
    HOUSEHOLD FINANCE-6% 0 0
    KNIGHT RIDDER, INC-7/150% 56,608 33,500
    HALIBURTON CO-8.750% 97,500 131,335
    MAYTAG-5% 105,000 102,924
    A T & T CORP-6.50% 89,000 104,230
    AETNA SERVICES-7.25% 53,250 53,954
    BELLSOUTH TELECOMMUNICATIONS-6.375% 50,875 52,830
    DEERE & CO-6.550% 46,413 58,710
    GE GLOBAL INS HOLDING CORP-6.450% 52,625 53,326
    MBIA INC -6.625% 48,126 37,035
    NORWEST CORP-6.650% 105,000 102,764
    TIME WARNER INC-6.950% 49,062 56,275
    PRUDENTIAL FINANCIAL-4.50% 101,353 105,259
    WEYERHAUEUSER CO-7.50% 104,567 107,889
    WILLIAMS COMMUNICATIONS-10.70% 40,139 0
    GE CAPITAL CORP-5.625% 75,000 82,238
    FORD MOTOR CO-6.50% 102,981 103,500
    MERRILL LYNCH & CO-6.5% 102,650 103,855
    SEARS, ROEBUCK ACCEPT CORP-6.75% 78,000 61,313
    HOUSEHOLD FINANCE-5.95% 0 0
    MBIA-6.40% 51,813 37,375
    ELI LILLY & CO-6.57% 189,500 235,040
    H.J. HEINZ-6.375% 91,872 105,360
    BANK OF AMERICA CORP INTERNOTES 75,000 73,321
    VERIZON OF VIRGINIA 127,500 131,900
    CAPITAL ONE BANK SENIOR NOTES 98,750 105,626
    BAXTER INTER 4.625% 97,805 108,445
    INTERNATIONAL PAPER NOTES 5.25% 50,188 53,240
    PROCTER & GAMBLE 4.850% 103,250 111,510
    ALCAN INC 4.5% 50,000 52,831
    ANHEUSER BUSCH-5.0% 97,375 104,216
    JOHN DEERE CAPITAL CORP 5.1% 100,005 107,970
    ALCOA INC. 5.375% 98,880 106,217
    AMERICAN INTL GROUP INC 5.05% 96,755 102,650
    BELLSOUTH TELECOMMUNICATIONS-6.375% 99,415 105,667
    CATERPILLAR - 6% 0 0
    CONOCO INC NOTE 6.95% 112,625 122,899
    FLORIDA POWER & LIGHT CO 5.625% 96,255 104,970
    GE CAPITAL CORP-5.4% 74,712 80,282
    GE CAPITAL CORP-6.25% 100,000 99,270
    J.P. MORGAN - 6.05% 100,000 94,167
    KOHLS CORP - 6% 93,185 101,967
    NATIONAL RURAL UTILITIES COOP-5.4% 100,000 108,870
    PRINCIPAL LIFE INCOME FUNDINGS-6% 0 0
    SBC COMMUNICATIONS-6.15% 97,755 103,270
    TARGET CORP-5.375% 98,255 111,116
    WALMART STORES-5.875% 100,055 111,034
    XL CAPITAL LTD 49,655 50,338
    AMERICAN INTL GROUP INC 5.85% 100,680 103,114
    AMERICAN EXPRESS COMPANY 101,350 116,477
    ARCHER DANIELS MIDLAND CO 107,630 114,835
    AT&T INC 100,500 111,080
    BANK OF NEW YORK MELLON CORP 50,000 48,825
    GENERAL MOTORS ACCEPTANCE - 6% 50,000 42,789
    GOLDMAN SACHS GROUP 99,300 107,440
    PRINCIPAL LIFE INCOME FUNDINGS-5.50% 0 0
    BARCLAYS BANK PLC 102,632 104,388
    CCPTIII(COLE CAPITAL ADVISORS) 200,000 200,000
    DUPONT EIDE NEMOURS 109,130 111,850
    WELLS FARGO & CO 98,513 107,003
    WESTERN UNION CO 115,601 119,567
    WHIRLPOOL CORP 105,256 115,092
    HERINGTON SCHOOL DISTRICT #487 - 6.872% 104,746 103,897
    ILLINOIS STATE SERIES 2 - 5.65% 101,625 96,663
    KANSAS STATE PROJECTS SERIES E-2 101,714 103,729
    MISSOURI WESTERN STATE - 5.5% 100,000 93,178
    NORTH CAROLINA UNIVERSITY 101,875 94,250
    NORTHEASTERN ILLINOIS UNIVERSITY 100,000 92,942
    OHIO STATE BUILDING AUTH - 5.94% 102,500 96,153
    PENNSYLVANIA STATE TURNPIKE 104,021 100,984
    TESORO CORP 103,750 104,676
    YOUNGSTOWN OHIO ST UNIV - 6.109% 102,250 102,250

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1 SH CARRIE BURTON TRUST 1 220,277
    6000 SHS HONEYWELL INTERNATIONAL 31,983 318,960
    9000 SHS. DOW CHEMICAL 26,782 307,260
    600 SHS GENERAL MOTORS INC 0 0
    484 U HUGOTON GAS TRUST 1,936 726
    2000 SHS IBM 64,785 293,520
    4000 SHS INTERNATIONAL PAPER 26,948 108,960
    7300 SHS WESTAR ENERGY-COMMON 93,671 183,668
    3000 SHS H.J. HEINZ CO 40,558 148,380
    9000 SHS. MERCK & CO 59,403 324,360
    9600 SHS BRISTOL MEYERS-SQUIBB CORP 55,749 254,208
    12375 SHS U.S. BANCORP 56,731 333,754
    970 SHS WESTAR ENERGY-4 1/2% PREFERRED 85,420 71,780
    31682 SHS EXXON MOBIL 66,863 2,316,588
    2255 SHS. SEMPRA ENERGY 41,978 118,342
    36000 SHS PFIZER 86,982 630,360
    5586 SHS BP AMOCO 12,725 246,734
    16000 SHS UNION PACIFIC CORP 27,412 1,482,560
    32 SHS WESTAR ENERGY-5% PREFERRED 1,560 2,816
    AFFILIATED FUND 3,267 2,918
    2400 SHS HEWLETT-PACKARD 43,031 101,040
    2100 SHS MOTOROLA 36,256 19,047
    6164 SHS ANADARKO PETROLEUM 13,351 469,450
    2000 SHS MERRILL LYNCH CAPITAL TRUST 50,000 49,160
    WASHINGTON MUTUAL FUND 90,840 76,980
    20000 SHS WELLS FARGO 46,949 619,800
    2514SH CONOCO PHILLILPS 5,147 171,203
    2470SH EMBARQ CORP/CENTURY TEL MERGER 2,181 157,208
    ALLIANCEBERNSTEIN INCOME FUND 56,436 41,236
    AT&T INC - 5,800 SHARES 146,995 170,404
    MOTORS LIQUIDATION 19,426 55

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    156,655
    State & Local Government Securities - End of Year Fair Market Value:


    158,507


    TY 2010 LegalFeesSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL SERVICES 725 73 72 580


    TY 2010 OtherAssetsSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ESTIMATED EXCISE TAX DEPOSITS 4,365 11,765 11,765
    DEFERRED PATRONAGE DIVIDEND-FARMERS COOP ASSOCIATION, TALMAGE, KS 779 831 831
    PAYROLL ADVANCE 0 100 100


    TY 2010 OtherExpensesSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL-INSURANCE 917 92 92 733
    GENERAL-TRUST EXPENSE 5,162 516 516 4,130
    GENERAL-MISCELLANEOUS 2,634 263 263 2,108
    GENERAL-SUPPLIES 606 60 61 485
    GENERAL-INTERNET 480 48 48 384
    GENERAL-ADMINISTRATION 510 51 51 408
    HOME AUTOMOBILE 3,590 0 3,590 0
    HOME BUILDING 7,520 0 7,520 0
    HOME EQUIPMENT REPAIR 3,342 0 3,342 0
    HOME PAYROLL TAXES 25,950 0 25,950 0
    HOME FOOD 47,280 0 47,280 0
    HOME INSURANCE 16,645 0 16,645 0
    HOME LAUNDRY 1,092 0 1,092 0
    HOME LICENSES 280 0 280 0
    HOME SALARIES 314,511 0 314,511 0
    HOME SUPPLIES 17,479 0 17,479 0
    HOME UTILITIES 51,944 0 51,944 0
    HOME MISCELLANEOUS 620 0 620 0
    HOME SEWER PLANT MAINT 8,615 0 8,615 0
    HOME EMPLOYEE BENEFITS 5,607 0 5,607 0
    PARK BUILDING REPAIR 483 0 483 0
    PARK EQUIPMENT REPAIR 2,216 0 2,216 0
    PARK PAYROLL TAXES 5,117 0 5,117 0
    PARK GENERAL 1,991 0 1,991 0
    PARK INSURANCE 4,238 0 4,238 0
    PARK LANDSCAPING 1,730 0 1,730 0
    PARK MACHINERY EXPENSE 2,537 0 2,537 0
    PARK MAINTENANCE 1,591 0 1,591 0
    PARK SALARY 64,817 0 64,817 0
    PARK STOCK 3,996 0 3,996 0
    PARK ROADS 445 0 445 0
    PARK TRACTORS 4,471 0 4,471 0
    PARK TRUCKS 12,103 0 12,103 0
    PARK UTILITIES 21,816 0 21,816 0
    PARK SUPPLIES 1,009 0 1,009 0
    PARK REPAIRS & MAINTENANCE EMPLOYEE DWELLINGS 1,171 0 1,171 0
    PARK INSURANCE EMPLOYEE DWELLINGS 2,316 0 2,316 0
    PARK INSURANCE BOY SCOUT CAMP 2,878 0 2,878 0
    PARK REPAIRS & MAINTENANCE BOY SCOUT CAMP 425 0 425 0
    MARY DELL REPAIRS & MAINTENANCE 4,696 0 4,696 0
    MARY DELL OTHER EXPENSE 1,343 0 1,343 0
    MARY DELL UTILITIES 3,030 0 3,030 0
    MARY DELL SUPPLIES 311 0 311 0
    PARK EMPLOYEE BENEFITS 2,510 0 2,510 0
    HOME EXCESS DEDUCTIONS OVER INCOME 0 0 -337,225 337,225
    PARK EXCESS DEDUCTIONS OVER INCOME 0 0 -142,502 142,502
    GENERAL-TELEPHONE 1,171 117 117 937
    HOME SUBSCRIPTIONS 1,889 0 1,889 0
    PARK UTILITIES BOY SCOUT CAMP 5,295 0 5,295 0
    GENERAL - OFFICE EXPENSE 7,125 713 712 5,700
    PARK STORM DAMAGE 240 0 240 0


    TY 2010 OtherIncomeSchedule2
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    HOME REVENUE 169,139   169,139
    PARK REVENUE 87   87
    CAMP MARY DELL RESERVATIONS 10,183   10,183
    SALE OF RAISED CATTLE 11,538   11,538


    TY 2010 OtherLiabilitiesSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSIT 800 800
    PAYROLL TAXES PAYABLE 158 175
    RETIREMENT PAYABLE 2,462 4,008


    TY 2010 TaxesSchedule
    Name:
    BROWN MEMORIAL FOUNDATION
    409 N W 3RD STREET SUITE A
    EIN: 48-0573809
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KANSAS FRANCHISE TAX 40 4 4 32
    PAYROLL TAXES 6,113 611 612 4,890