Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
BROWNSVILLE FOUNDATION FOR HEALTH
AND EDUCATION

Number and street (or P.O. box number if mail is not delivered to street address)C/O WELLS FARGO PO BOX 41629   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AUSTIN, TX787049926
A Employer identification number

74-1818930
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,343,088J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 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)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 42,501 42,501  
4 Dividends and interest from securities...... 155,044 150,920  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 119,361
b Gross sales price for all assets on line 6a 1,796,954
7 Capital gain net income (from Part IV, line 2)... 13,448
8 Net short-term capital gain.........  
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).......      
12 Total. Add lines 1 through 11........ 316,906 206,869  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 42,680 42,680    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,378 4,378    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 21,311 16,617    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 68,369 63,675   0
25 Contributions, gifts, grants paid........ 356,813 356,813
26 Total expenses and disbursements. Add lines 24 and 25 425,182 63,675   356,813
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -108,276
b Net investment income (if negative, enter -0-) 143,194
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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...............      
2 Savings and temporary cash investments.......... 409,507 96,288 96,288
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 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........... 417 4,148 4,148
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 6,294,076 Click to see attachment6,488,713 7,242,652
c Investments—corporate bonds (attach schedule)........      
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,704,000 6,589,149 7,343,088
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)    
23 Total liabilities (add lines 17 through 22)..........   0
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 6,704,000 6,589,149
30 Total net assets or fund balances (see instructions)...... 6,704,000 6,589,149
31 Total liabilities and net assets/fund balances (see instructions).. 6,704,000 6,589,149
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 6,704,000
2 Enter amount from Part I, line 27a..................... 2 -108,276
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,595,724
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 6,575
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,589,149
Form 990-PF (2014)
Form 990-PF (2014)
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.)
1a
b
c
d
e
(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
b
c
d
e
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
b
c
d
e
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 13,448
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 instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
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 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))
2013 399,002 7,027,343 0.056779
2012 544,285 6,993,774 0.077824
2011 361,485 6,811,323 0.053071
2010 457,915 6,837,649 0.066970
2009 254,309 6,587,390 0.038605
2 Total of line 1, column (d) ...................... 2 0.293249
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 0.058650
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 7,100,059
5 Multiply line 4 by line 3....................... 5 416,418
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,432
7 Add lines 5 and 6......................... 7 417,850
8 Enter qualifying distributions from Part XII, line 4.............. 8 356,813
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.
Form 990-PF (2014)
Form 990-PF (2014)
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 2,864
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  
3 Add lines 1 and 2........................... 3 2,864
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,864
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 7,137
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 7,137
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 14
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 4,259
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet4,259 RefundedBullet 11  
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 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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 instructions)
    bulletTX
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (512) 424-0126
    Located atbulletPO BOX 41629AUSTINTX ZIP+4bullet78704
    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 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 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 2014?.............
    1c
     
     
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (see 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 instructions)? ......
    5b
     
     
    .........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 (2014)
    Form 990-PF (2014)
    Page 7
    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 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
    DAVID GARZA CHAIRMAN
    1.00     		0 0 0
    C/O WELLS FARGO BANK PO BOX 41629
    AUSTIN,TX787049926
    RENATO E CARDENAS VICE-CHAIR
    1.00     		0 0 0
    C/O WELLS FARGO BANK PO BOX 41629
    AUSTIN,TX787049926
    ANTONIO M DIAZ MD SEC-TREAS
    1.00     		0 0 0
    C/O WELLS FARGO BANK PO BOX 41629
    AUSTIN,TX787049926
    CLAUDIA CANTU GRIMALDO MEMBER
    1.00     		0 0 0
    C/0 WELLS FARGO BANK PO BOX 41629
    AUSTIN,TX787049926
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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  
    3 Five highest-paid independent contractors for professional services (see 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.............bullet  
    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 SUPPORT OF PROGRAMS IN HEALTH AND/OR EDUCATION FOR TWENTY 501(C)(3) ORGANIZATIONS AND SEVEN SCHOOLS. 356,813
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see 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
    7,154,608
    b
    Average of monthly cash balances.......................
    1b
    345,688
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,500,296
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    7,500,296
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    400,237
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,100,059
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    355,003
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    355,003
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    2,864
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,864
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    352,139
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    352,139
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    352,139
    Part XII
    Qualifying Distributions (see 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
    356,813
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    356,813
    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 instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    356,813
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 352,139
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010....... 47,201
    c From 2011....... 24,831
    d From 2012....... 197,682
    e From 2013....... 51,051
    fTotal of lines 3a through e......... 320,765
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 356,813
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 352,139
    e Remaining amount distributed out of corpus 4,674
    5 Excess distributions carryover applied to 2014.    
    (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 5 325,439
    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 instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		325,439
    10 Analysis of line 9:
    a Excess from 2010.... 47,201
    b Excess from 2011.... 24,831
    c Excess from 2012.... 197,682
    d Excess from 2013.... 51,051
    e Excess from 2014.... 4,674
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see 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 2014, enter the date of the ruling.......bullet
     
    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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    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) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    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 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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    UNITED WAY
    634 E LEVEE
    BROWNSVILLE,TX78520
    (956) 548-6880
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION SHALL INCLUDE THE APPLICANT'S FULL NAME AND ADDRESS AS WELL AS THE NAME AND PHONE NUMBER OF THE CONTACT PERSON. THE TOTAL AMOUNT OF THE GRANT WHICH IS BEING REQUESTED IS TO BE STATED. ATTACHMENTS SHOULD INCLUDE A DETAILED DESCRIPTION OF THE PURPOSE OF THE GRAND, THE FIRST DATE FUNDS WILL BE NEEDED, AND A DETAILED BUDGET OF HOW THE GRANT WILL BE USED. THE APPLICANT SHOULD ALSO INCLUDE A LISTING OF ALL DIRECTORS AND OFFICERS AND SHOULD ATTACH THE IRS TAX EXEMPT DETERMINATION LETTER INDICATING THAT THE ORGANIZATION IS EXEMPT UNDER 501(C)(3)AS WELL AS A COPY OF THE MOST RECENT FORM 990 FILED WITH THE IRS.
    cAny submission deadlines:
    JANUARY 31ST
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION WAS ESTABLISHED IN 1986 TO PROVIDE GRANTS TO DESERVING ORGANIZATIONS, PRIMARILY IN BROWNSVILLE, TEXAS AND OTHER TEXAS COMMUNITIES. THIS FOUNDATION IS PARTICULARLY INTERESTED IN PROVIDING DIRECT OR INDIRECT SUPPORT TO THE HEALTH CARE AND EDUCATION OF THE BROWNSVILLE COMMUNITY THROUGH ITS GRANTS.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    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
    BROWNSVILLE LITERACY CENTER
    1235 E JEFFERSON
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 10,000
    EPISCOPAL DAY SCHOOL
    34 N CORIA
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 10,000
    BROWNSVILLE MUSEUM OF FINE ARTS
    660 E RINGGOLD ST
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 12,500
    COMMUNITY DEV CORP BRO
    901 E LEVEE ST
    BROWNSVILLE,TX78520     		NONE   SUPPORT HEALTH & EDUCATION 14,000
    TIP OF TX FAM OUTREACH
    455 E LEVEE ST
    BROWNSVILLE,TX78520     		NONE   SUPPORT HEALTH & EDUCATION 13,000
    GLADYS PORTER ZOO
    500 RINGGOLD ST
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 15,298
    CAMERON CO CHILDREN ADVOC CTR
    PO BOX 5418
    BROWNSVILLE,TX78523     		NONE   SUPPORT HEALTH & EDUCATION 10,000
    ST JOSEPH ACADEMY
    101 SAINT JOSEPH DRIVE
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 10,000
    HISTORIC BROWNSVILLE MUSEUM
    641 E MADISON
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 2,323
    GREATER BROWNSVILLE JR GOLF FDN
    309 SANTA ANA AVE
    RANCHO VIEJO,TX78575     		NONE   SUPPORT HEALTH & EDUCATION 2,000
    MOODY CLINIC
    1901 E 22ND ST
    BROWNSVILLE,TX78521     		NONE   SUPPORT HEALTH 5,100
    CHILDREN'S MUSEUM OF BROWNSVVILLE
    P O BOX 3762
    BROWNSVILLE,TX78523     		NONE   SUPPORT EDUCATION 5,000
    TEACH FOR AMERICA RGV
    200 S 10TH ST STE 800
    MCALLEN,TX78501     		NONE   SUPPORT EDUCATION 2,300
    WORKFORCE SOLUTIONS CAMERON CO
    851 OLD ALICE RD
    BROWNSVILLE,TX78521     		NONE   SUPPORT EDUCATION 8,500
    UNITED WAY SOUTH CAMERON CO
    634 E LEVEE ST
    BROWNSVILLE,TX78520     		NONE   SUPPORT HEALTH & EDUCATION 90,000
    UNIVERSITY OF TEXAS AT BROWNSVILLE
    80 FORT BROWN
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 58,120
    OZANAM CENTER
    656 N MINNESOTA AVE
    BROWNSVILLE,TX78521     		NONE   SUPPORT HOMELESS 9,500
    GUADALUPE REGIONAL MIDDLE SCHOOL
    1214 LINCOLN ST
    BROWNSVILLE,TX78521     		NONE   SUPPORT EDUCATION 6,000
    INFANT FAMILY NUTRITION CENTER
    1225 BOCA CHICA
    BROWNSVILLE,TX78520     		NONE   SUPPORT HEALTH 2,600
    PAN AMERICAN ROUND TABLE COSTUME
    DEAN PORTER PARK
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 1,006
    INCARNATE WORD ACADEMY
    244 RESACA BLVD
    BROWNSVILLE,TX78520     		NONE   SUPPORT EDUCATION 15,000
    BROWNSVILLE COMMUNITY FOUNDATION
    634 E LEVEE ST
    BROWNSVILLE,TX78520     		NONE   SUPPORT HEALTH & EDUCATION 50,000
    BOYS GIRLS CLUB OF LOS FRESNOS
    900 N ARROYO BLVD
    LOS FRESNOS,TX78566     		NONE   SUPPORT DANCE THEATER 1,100
    GOOD NEIGHBOR SETTLEMENT HOUSE
    6TH STREET
    BROWNSVILLE,TX78520     		NONE   SUPPORT HEALTH AND EDUCATION 3,466
    Total .................................bullet 3a 356,813
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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 instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 42,501  
    4 Dividends and interest from securities....     14 4,124 150,920
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 13,448 105,913
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   60,073 256,833
    13Total. Add line 12, columns (b), (d), and (e)..................
    13316,906
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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
    Sign Here
    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) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    BROWNSVILLE FOUNDATION FOR HEALTH
    AND EDUCATION
    EIN: 74-1818930
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    2592 SH ASG GLOBAL ALTERNAT 2013-07 PURCHASE 2014-07   29,160 29,938     -778  
    9 SH CHEVRON CORP 2014-07 PURCHASE 2014-11   1,047 1,166     -119  
    47.14 DIAMOND HILL LONG-S 2014-07 PURCHASE 2014-11   1,114 1,128     -14  
    3319.98 DREYFUS EMG MKT DEB 2013-07 PURCHASE 2014-07   48,671 47,509     1,162  
    5023.54 DRIEHAUS ACTIVE INC 2013-10 PURCHASE 2014-07   53,953 53,903     50  
    7836.46 DRIEHAUS ACTIVE INC 2013-07 PURCHASE 2014-07   84,164 84,164        
    4093.47 EATON VANCE GLOBAL 2014-01 PURCHASE 2014-11   38,397 38,091     306  
    486.94 EATON VANCE GLOBAL 2014-07 PURCHASE 2014-11   4,567 4,540     27  
    21 GILEAD SCIENCES INC 2014-07 PURCHASE 2014-09   2,260 1,824     436  
    .15 GOOGLE INC-CL C 2014-11 PURCHASE 2015-05   86 85     1  
    32 ISHARES S&P 500 I 2014-11 PURCHASE 2015-01   6,631 6,499     132  
    111 ISHARES S&P MIDCAP 2014-07 PURCHASE 2015-01   18,144 17,410     734  
    97 ISHARES S&P MIDCAP 2014-07 PURCHASE 2015-01   12,238 12,220     18  
    86 ISHARES TR SMALLCAP 2014-11 PURCHASE 2015-01   9,661 9,592     69  
    74 ISHARES TR SMALLCAP 2014-07 PURCHASE 2015-01   8,313 8,259     54  
    1815.92 SH MERGER FD SH BEN IN 2013-07 PURCHASE 2014-07   29,890 29,127     763  
    196.08 MERGER FD SH BEN IN 2013-10 PURCHASE 2014-07   3,227 3,186     41  
    408.15 MERGER FUND-INST 3 2014-01 PURCHASE 2015-01   6,355 6,498     -143  
    6 MONSTER BEVERAGE CO 2014-07 PURCHASE 2014-09   548 420     128  
    749 NEUBERGER BERMAN LC 2014-07 PURCHASE 2014-11   9,752 9,730     22  
    .5 NOW INC/SH 2013-07 PURCHASE 2014-06   16 14     2  
    33.25 NOW INC/SH 2013-07 PURCHASE 2014-06   1,084 947     137  
    14.75 NOW INC/SH 2013-07 PURCHASE 2014-06   481 426     55  
    83.12 NUVEEN HIGH YIELD M 2014-07 PURCHASE 2014-12   1,431 1,389     42  
    7485.52 NUVEEN HIGH YIELD M 2014-05 PURCHASE 2014-12   128,901 123,586     5,315  
    29 PRINCIPAL GL MULT S 2014-08 PURCHASE 2015-01   321 320     1  
    196 SPDR DJ WILSHIRE IN 2014-11 PURCHASE 2015-01   8,597 8,523     74  
    58 SPDR DJ WILSHIRE IN 2014-01 PURCHASE 2014-07   2,544 2,324     220  
    152 T ROWE PRICE INST F 2014-01 PURCHASE 2015-01   1,525 1,566     -41  
    32 TARGET CORP 2014-07 PURCHASE 2014-12   2,394 1,916     478  
    33 TARGET CORP 2014-11 PURCHASE 2014-12   2,468 2,032     436  
    62 TARGET CORP 2014-06 PURCHASE 2014-12   4,638 3,602     1,036  
    21 UNITEDHEALTH GROUP 2014-11 PURCHASE 2015-02   2,391 1,995     396  
    27 UNITEDHEALTH GROUP 2014-07 PURCHASE 2015-02   3,074 2,215     859  
    56 UNITEDHEALTH GROUP 2015-01 PURCHASE 2015-02   6,377 6,383     -6  
    51 US BANCORP DEL NEW 2014-07 PURCHASE 2015-05   2,241 2,205     36  
    87 USBANCORP DEL NEW 2015-01 PURCHASE 2015-05   3,823 3,783     40  
    29 WALT DISNEY CO 2014-07 PURCHASE 2014-09   2,597 2,502     95  
    103 3M CO 2012-04 PURCHASE 2014-08   14,366 8,959     5,407  
    238 AFLAC INC 2012-04 PURCHASE 2014-06   15,046 10,172     4,874  
    5 APPLE COMPUTER INC 2012-04 PURCHASE 2014-07   481 432     49  
    413 ASG GLOBAL ALTERNAT 2013-07 PURCHASE 2015-01   4,749 4,770     -21  
    45000 BANK OF NEW YORKME 2009-11 PURCHASE 2014-07   45,604 45,320     284  
    50000 BB&T CORPORATION 3. 2010-08 PURCHASE 2015-03   51,566 52,688     -1,122  
    135 BHP BILLITON LIMITED 2012-04 PURCHASE 2014-11   7,479 9,817     -2,338  
    119 CHEVRON CORP 2000-03 PURCHASE 2014-11   13,845 3,999     9,846  
    65 COACH INC 2013-02 PURCHASE 2014-06   2,212 3,199     -987  
    126 COACH INC 2013-01 PURCHASE 2014-06   4,289 6,506     -2,217  
    75 COACH INC 2013-01 PURCHASE 2014-06   2,553 4,376     -1,823  
    12567 CREDIT SUISSE COMM 2012-04 PURCHASE 2014-07   95,384 100,913     -5,529  
    3030.45 DIAMOND HILL LONG-S 2011-10 PURCHASE 2014-11   71,609 49,396     22,213  
    3219.58 DIAMOND HILL LONG-S 2010-07 PURCHASE 2014-11   76,079 50,000     26,079  
    1813.02 DREYFUS EMG MKT DEB 2012-04 PURCHASE 2014-07   26,579 25,944     635  
    3979.26 DRIEHAUS ACTIVE INC 2013-10 PURCHASE 2015-01   41,464 42,697     -1,233  
    2856.74 DRIEHAUS ACTIVE INC 2012-09 PURCHASE 2015-01   29,767 29,881     -114  
    1006 EATON VANCE GLOBAL 2013-10 PURCHASE 2014-11   9,440 9,437     3  
    6399.02 EATON VANCE GLOBAL 2013-07 PURCHASE 2014-11   60,023 60,968     -945  
    50000 GENERAL ELEC CAP CO 2010-07 PURCHASE 2014-11   50,000 51,458     -1,458  
    66 GILEAD SCIENCES INC 2005-02 PURCHASE 2014-09   7,103 585     6,518  
    200 ISHARES BARCLAYS MB 2012-07 PURCHASE 2015-01   21,987 21,805     182  
    135 ISHARES CMBS BOND F 2013-06 PURCHASE 2015-01   7,029 6,967     62  
    35 ISHARES TR SMALLCAP 2012-04 PURCHASE 2015-01   3,932 2,589     1,343  
    37000 JPMORGAN CHASE & CO 2012-08 PURCHASE 2014-10   37,706 39,026     -1,320  
    1669.11 MERGER FD SH BEN IN 2013-07 PURCHASE 2014-08   27,357 26,773     584  
    451.57 MERGER FD SH BEN IN 2011-10 PURCHASE 2014-08   7,401 7,126     275  
    2395.32 MERGER FD SH BEN IN 2012-04 PURCHASE 2014-08   39,259 37,774     1,485  
    1275.05 MERGER FUND-INST 3 2013-02 PURCHASE 2015-01   19,853 20,083     -230  
    477.8 MERGER FUND-INST 3 2012-04 PURCHASE 2015-01   7,440 7,526     -86  
    45000 METLIFE INC 5.0% 2012-07 PURCHASE 2015-03   45,498 49,716     -4,218  
    17 MONSTER BEVERAGE CO 2012-11 PURCHASE 2014-09   1,553 753     800  
    31 MONSTER BEVERAGE CO 2013-01 PURCHASE 2014-09   2,833 1,478     1,355  
    152 MONSTER BEVERAGE CO 2012-11 PURCHASE 2015-01   17,822 6,730     11,092  
    75000 NOVARTIS SECS INVES 2011-03 PURCHASE 2015-01   85,367 82,497     2,870  
    878 PIMCO FOREIGN BD FD 2012-04 PURCHASE 2014-11   9,790 9,482     308  
    101 SPDR DJ WILSHIRE IN 2010-10 PURCHASE 2014-07   4,430 4,041     389  
    8 TARGET CORP 2013-08 PURCHASE 2014-12   598 506     92  
    50000 TOYOTA MOTOR CREDIT 2010-07 PURCHASE 2014-07   51,270 51,307     -37  
    3 UNITEDHEALTH GROUP 2012-04 PURCHASE 2015-02   342 172     170  
    421 US BANCORP DEL NEW 2012-04 PURCHASE 2015-05   18,498 13,173     5,325  
    55000 US TREASURY NOTE 2.. 2012-04 PURCHASE 2015-05   55,000 57,838     -2,838  
    5000 US TREASURY NOTE 2. 2018-02 PURCHASE 2015-05   5,000 5,128     -128  
    20000 USTREASURY NOTE 2. 2012-04 PURCHASE 2015-01   20,142 21,032     -890  
    20000 US TREASURY NOTE 2. 2012-04 PURCHASE 2015-01   20,823 21,769     -946  
    15000 US TREASURY NOTE 3. 2012-04 PURCHASE 2015-01   16,179 16,770     -591  
    15000 US TREASURY NOTE 3. 2012-04 PURCHASE 2015-01   16,154 17,040     -886  
    324 VANGUARD EMERGING M 2010-10 PURCHASE 2014-07   14,242 15,026     -784  
    18 VANGUARD REIT VIPER 2010-11 PURCHASE 2014-07   1,348 936     412  
    15 VANGUARD REIT VIPER 2010-11 PURCHASE 2014-11   1,192 777     415  
    451 VANGUARD REIT VIPER 2010-10 PURCHASE 2015-01   39,774 23,064     16,710  
    99 VANGUARD REIT VIPER 2010-11 PURCHASE 2015-01   8,731 5,093     3,638  
    25 WALT DISNEY CO 2012-04 PURCHASE 2014-09   2,237 1,062     1,175  

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    BROWNSVILLE FOUNDATION FOR HEALTH
    AND EDUCATION
    EIN: 74-1818930
    Name of Stock End of Year Book Value End of Year Fair Market Value
      6,488,713 7,242,652

    TY 2014 OtherDecreasesSchedule
    Name:
    BROWNSVILLE FOUNDATION FOR HEALTH
    AND EDUCATION
    EIN: 74-1818930
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    BROWNSVILLE FOUNDATION FOR HEALTH
    AND EDUCATION
    EIN: 74-1818930
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 4,694      
    UNITED WAY MANAGEMENT FEE 12,000 12,000    
    MISCELLANEOUS 928 928    
    COST BASIS ADJUSTMENT 3,689 3,689    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    BROWNSVILLE FOUNDATION FOR HEALTH
    AND EDUCATION
    EIN: 74-1818930
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE FEES 40,800 40,800    
    TAX PREPARATION 1,880 1,880    


    TY 2014 TaxesSchedule
    Name:
    BROWNSVILLE FOUNDATION FOR HEALTH
    AND EDUCATION
    EIN: 74-1818930
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID ON DIVIDENDS 3,403 3,403    
    FOREIGN TAX PAID TO WITHHOLDING 975 975