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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
BROWNING KIMBALL FOUNDATION
C/O FOUNDATION MANAGEMENT INC
Number and street (or P.O. box number if mail is not delivered to street address)2932 NW 122ND ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73120
A Employer identification number

94-2766079
B Telephone number (see instructions)

(405) 755-5571
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$21,434,885J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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.............
3 Interest on savings and temporary cash investments 166,561 166,561  
4 Dividends and interest from securities... 364,942 364,942  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,849,285
b Gross sales price for all assets on line 6a 5,476,848
7 Capital gain net income (from Part IV, line 2)... 1,849,285
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........ 2,380,788 2,380,788  
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)......... Click to see attachment 125      
b Accounting fees (attach schedule)....... Click to see attachment 4,250      
c Other professional fees (attach schedule).... Click to see attachment 229,882 103,433   126,449
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 56,556 5,537    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,838     12,838
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 540      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 304,191 108,970   139,287
25 Contributions, gifts, grants paid....... 858,135 858,135
26 Total expenses and disbursements. Add lines 24 and 25 1,162,326 108,970   997,422
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,218,462
b Net investment income (if negative, enter -0-) 2,271,818
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 755,241 833,329 833,329
2 Savings and temporary cash investments.........      
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,807,390 Click to see attachment13,379,972 13,379,972
c Investments—corporate bonds (attach schedule)....... 5,513,586 Click to see attachment7,221,584 7,221,584
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) 19,076,217 21,434,885 21,434,885
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 Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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 19,076,217 21,434,885
30 Total net assets or fund balances (see instructions)..... 19,076,217 21,434,885
31 Total liabilities and net assets/fund balances (see instructions). 19,076,217 21,434,885
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
19,076,217
2
Enter amount from Part I, line 27a .....................
2
1,218,462
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,140,206
4
Add lines 1, 2, and 3 ..........................
4
21,434,885
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
21,434,885
Form 990-PF (2018)
Form 990-PF (2018)
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 PUBLICLY TRADED SECURITIES 9110 D 2018-09-19 2018-10-12
b PUBLICLY TRADED SECURITIES 9110 D 2017-01-01 2018-12-31
c PUBLICLY TRADED SECURITIES 9110 D 2017-01-01 2018-12-31
d PUBLICLY TRADED SECURITIES 8550 D 2018-01-01 2018-12-31
e PUBLICLY TRADED SECURITIES 8550 D 2017-01-01 2018-12-31
PUBLICLY TRADED SECURITIES 9092 D 2018-01-01 2018-12-31
PUBLICLY TRADED SECURITIES 9092 D 2017-01-01 2018-12-31
(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 100,707   100,762 -55
b 526,414   529,246 -2,832
c 18,891   18,891  
d 367,892   351,129 16,763
e 3,870,588   2,092,883 1,777,705
235,412   247,180 -11,768
343,609   287,472 56,137
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       -55
b       -2,832
c        
d       16,763
e       1,777,705
      -11,768
      56,137
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 1,849,285
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 4,940
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))
2017 1,041,285 22,101,489 0.047114
2016 1,106,117 20,894,170 0.052939
2015 903,353 20,593,658 0.043866
2014 876,277 20,476,391 0.042795
2013 890,334 18,355,292 0.048506
2
Total of line 1, column (d) .....................
2
0.235220
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.047044
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
21,979,774
5
Multiply line 4 by line 3......................
5
1,034,016
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
22,718
7
Add lines 5 and 6........................
7
1,056,734
8
Enter qualifying distributions from Part XII, line 4,.............
8
997,422
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 45,436
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 45,436
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 45,436
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 42,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 50,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 439
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 4,125
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,125 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)
    bulletUT
    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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletWWW.FMIOKC.COM/CLIENTS/BROWNING-KIMBALL/
    14
    The books are in care ofbulletFOUNDATION MANAGEMENT INC Telephone no.bullet (405) 755-5571

    Located atbullet1024 E BRITTON ROAD SUITE 200OKLAHOMA CITYOK ZIP+4bullet73131
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    BARBARA COWAN DIRECTOR
    000.00     		0 0 0
    PO BOX 2607
    HAVRE,MT59501
    MICHELLE COWAN DIRECTOR
    000.00     		0 0 0
    PO BOX 2607
    HAVRE,MT59501
    WILLIAM COWAN DIRECTOR
    000.00     		0 0 0
    PO BOX 2607
    HAVRE,MT59501
    WILLIAM B COWAN PRESIDENT
    000.00     		0 0 0
    PO BOX 2607
    HAVRE,MT59501
    BRETT HUESTIS DIRECTOR
    000.00     		0 0 0
    PO BOX 2607
    HAVRE,MT59501
    LISA COWAN HUESTIS DIRECTOR
    000.00     		0 0 0
    PO BOX 2607
    HAVRE,MT59501
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    FOUNDATION MANAGEMENT INC MANAGEMENT SVCS 117,449
    1024 E BRITTON ROAD SUITE 200
    OKLAHOMA CITY,OK73131
    DA DAVIDSON & COMPANY PORTFOLIO MGMT 103,432
    PO BOX 5015
    GREAT FALLS,MT59403
    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  
    2  
    3  
    4  
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    21,520,206
    b
    Average of monthly cash balances.......................
    1b
    794,285
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,314,491
    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
    22,314,491
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    334,717
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,979,774
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,098,989
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,098,989
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    45,436
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    45,436
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,053,553
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,053,553
    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
    1,053,553
    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
    997,422
    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
    997,422
    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
    997,422
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,053,553
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 188,352
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 997,422
    a Applied to 2017, but not more than line 2a 188,352
    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 2018 distributable amount..... 809,070
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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 instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		244,483
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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).)
    BARBARA COWAN
    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 or e-mail address of the person to whom applications should be addressed:
    KARI BLAKLEY REPRESENTATIVE
    2932 NW 122ND ST SUITE D
    OKLAHOMA CITY,OK73120
    (405) 755-5571
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION PACKAGE CONTAINS ALL REQUIREMENTS
    cAny submission deadlines:
    LETTER OF INQUIRY DUE: MARCH 1ST GRANT APPLICATIONS DUE: JULY 12TH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    ACCESS UNLIMITED
    305 POPLAR DRIVE
    BOZEMAN,MT59718     		NONE 501(C)(3) MOBILITY EQUIPMENT FOR IMPOVERISHED 20,000
    AMERICAN NATIONAL CATTLEWOMEN INC
    200 NW 66TH STREET SUITE
    OKLAHOMA CITY,OK73116     		NONE 501(C)(3) COLLEGIATE BEEF ADVOCACY PROGRAM 5,000
    ANGEL FLIGHT WEST
    3161 DONALD DOUGLAS LOOP
    SANTA MONICA,CA90405     		NONE 501(C)(3) HEALTH TAKES FLIGHT 5,000
    BENEFIS HEALTH SYSTEM FOUNDATION
    PO BOX 7008
    GREAT FALLS,MT59406     		NONE 501(C)(3) REGIONAL EMERGENCY DEPARTMENT 45,000
    BIG BROTHERS BIG SISTERS
    30 W 6TH AVE
    HELENA,MT59601     		NONE 501(C)(3) MENTORING 20,000
    BOYS AND GIRLS CLUB OF THE HI-LINE
    PO BOX 68
    HAVRE,MT59501     		NONE 501(C)(3) HEALTH AND LIFE SKILLS PROGRAM 20,000
    CASA OF HILL COUNTY INC
    2229 5TH AVENUE SUITE 13
    HAVRE,MT59501     		NONE 501(C)(3) VOLUNTEER RECRUITMENT AND TRAINING 7,500
    CASA-CAN-
    325 2ND AVE N
    GREAT FALLS,MT59401     		NONE 501(C)(3) CASA-CAN 12,000
    CENTER FOR MENTAL HEALTH FND
    P O BOX 1653
    GREAT FALLS,MT59403     		NONE 501(C)(3) MENTAL HEALTH FUNCTIONALITY 12,150
    CENTER FOR MUSIC- PEOPLE W DISABILI
    415 WEST CENTRAL AVE
    MISSOULA,MT59801     		NONE 501(C)(3) YOUTH WITH DISABILITIES 8,500
    EAGLE-MOUNT GREAT FALLS
    P O BOX 2866
    GREAT FALLS,MT59403     		NONE 501(C)(3) LIFE IS AN ADVENTURE 25,000
    FLORENCE CRITTENTON HOME & SERVICES
    901 N HARRIS
    HELENA,MT59601     		NONE 501(C)(3) RESIDENTIAL SERVICES SUPPORT 7,500
    FRIENDS OF MONTANAPBS
    PO BOX 10715
    BOZEMAN,MT59719     		NONE 501(C)(3) MONTANAPBS KID'S CLUB 2,500
    FRIENDSHIP HOUSE OF CHRISTIAN SERV
    3123 8TH AVE
    BILLINGS,MT59101     		NONE 501(C)(3) INVESTING IN AT-RISK CHILDREN 2,500
    GARDEN CITY HARVEST INC
    PO BOX 205
    MISSOULA,MT59806     		NONE 501(C)(3) GARDEN CITY HARVEST FARM TO SCHOOL 2,500
    GREAT FALLS CHILDRENS RECEIVING HOM
    P O BOX 1061
    GREAT FALLS,MT59403     		NONE 501(C)(3) SEECIFIC ASSISTANCE TO CHILDREN 10,000
    GREAT FALLS CLINIC LEGACY FOUND
    3010 15TH AVE
    GREAT FALLS,MT59405     		NONE 501(C)(3) HOUSING FOR SPECIAL NEEDS CHILDREN 20,000
    GREAT FALLS-RESCUE MISSION
    P O BOX 129
    GREAT FALLS,MT59403     		NONE 501(C)(3) HOMELESS INDIVIDUALS & FAMILIES 10,000
    GREAT FALLS-SENIOR CENTER
    1004 CENTRAL AVE
    GREAT FALLS,MT59401     		NONE 501(C)(3) AFFORDABLE MEALS PROGRAM 2,500
    HAVRE BENEATH THE STREETS
    PO BOX 1605
    HAVRE,MT59501     		NONE 501(C)(3) UNDERGROUND IMPROVEMENTS 4,132
    HE & M TURNER CLACK MEMORIAL MUSEUM
    P O BOX 1496
    HAVRE,MT59501     		NONE 501(C)(3) OPERATIONS 11,000
    HUDSON DAVID MCNEEL MEMORIAL FUND
    4580 KLAHANIE DRIVE SE SU
    SAMMAMISH,WA98029     		NONE 501(C)(3) A STREAM OF HOPE 21,000
    INTERMOUNTAIN DEACONESS CHILDREN'S
    500 S LAMBORN ST
    HELENA,MT59601     		NONE 501(C)(3) TECHNOLOGY UPGRADE 20,000
    IRWIN & FLORENCE ROSTEN FOUNDATION
    515 MADISON STREET
    HAMILTON,MT59840     		NONE 501(C)(3) MAPS MEDIA INSTITUTE 10,000
    LEWIS & CLARK FND
    PO BOX 398
    GREAT FALLS,MT59403     		NONE 501(C)(3) FESTIVAL & SUMMER SEASONAL STAFF 5,000
    MAKE-A-WISH MONTANA
    1015 MOUNT AVE SUITE C
    MISSOULA,MT59801     		NONE 501(C)(3) SUPPORT-A-WISH 10,000
    MENTAL HEALTH AMERICA MONTANA
    P O BOX 88
    BOZEMAN,MT59771     		NONE 501(C)(3) YOUTH MENTAL HEALTH RECOVERY LINE 25,000
    MONTANA FFA FOUNDATION
    502 SOUTH 19TH AVE 102
    BOZEMAN,MT59718     		NONE 501(C)(3) YOUTH AGRICULTURE EDUCATION 10,000
    MONTANA FOOD BANK NETWORK
    5625 EXPRESSWAY
    MISSOULA,MT59808     		NONE 501(C)(3) RURAL FOOD DISTRIBUTION 15,000
    MONTANA METH PROJECT
    PO BOX 8944
    MISSOULA,MT59807     		NONE 501(C)(3) DRUG PREVENTION CAMPAIGN 10,000
    MONTANA FARM BUREAU FDN
    P O BOX 8944
    502 S 19TH AVE STE 104
    BOZEMAN,MT59718     		NONE 501(C)(3) COLLEGIATE YOUNG FARMER SCHOLARSHIP 1,000
    MONTANA SCHOOL DEAF & BLIND FD
    PO BOX 6576
    GREAT FALLS,MT59406     		NONE 501(C)(3) VISUALLY IMPAIRED KIDS TECHNOLOGY 24,000
    MONTANA STATE UNIVERSITY FOUNDATION
    PO BOX 172750
    BOZEMAN,MT59717     		NONE 501(C)(3) AGRICULTURE SCHOLARSHIP 31,579
    MSU NORTHERN ALUMNI FOUNDATION
    300 11TH ST
    HAVRE,MT59501     		NONE 501(C)(3) STUDENT LAB UPGRADES 76,274
    NEIGHBORHOOD HOUSING SERVICES INC
    509 1ST AVE S
    GREAT FALLS,MT59401     		NONE 501(C)(3) HIGH SCHOOL HOUSE PROJECT 10,000
    OAK HALL ESPICOPAL SCHOOL
    2815 MT WASHINGTON RD
    ARDMORE,OK73401     		NONE 501(C)(3) OPERATIONAL BUDGET 90,000
    OGDEN NATURE CENTER
    966 WEST 12TH STREET
    OGDEN,UT84404     		NONE 501(C)(3) NATURE EDUCATION PROGRAMS 5,000
    OKLAHOMA HEART HOSPITAL RESEARCH FN
    4200 W MEMORIAL AVE SUI
    OKLAHOMA CITY,OK73120     		NONE 501(C)(3) ON BEHALF OF DR. TOM HENNEDRY 9,000
    ONE MONTANA
    280 WEST KAGY BLVD SUIT
    BOZEMAN,MT59715     		NONE 501(C)(3) MONTANA TEENPRENEUR CHALLENGE 10,000
    OPERATION WARM
    PO BOX 822431
    PHILADELPHIA,PA191822431     		NONE 501(C)(3) COATS FOR CHILDREN IN NEED 5,000
    PEACE PLACE
    1315 CENTRAL AVENUE
    GREAT FALLS,MT59401     		NONE 501(C)(3) PEACE PLACE SERVICES AGES 6-10 7,500
    PROVIDENCE MONTANA HEALTH FD
    502 W SPRUCE STREET
    MISSOULA,MT59802     		NONE 501(C)(3) ST. PATRICK HOUSE RESTORATION FUND 5,000
    SAINT DOMINIC SAVIO ACADEMY INC
    1835 E GUADALUPE RD SUI
    TEMPE,AZ85283     		NONE 501(C)(3) SDSA STAFF ADVANCEMENT INITIATIVE 40,000
    SPECIAL K RANCH
    P O BOX 479
    COLUMBUS,MT59019     		NONE 501(C)(3) TUITION SUPPORT 19,500
    ST PHILLIPS CHURCH
    516 MCLISH AVE
    ARDMORE,OK73401     		NONE 501(C)(3) DISCRETIONARY GRANT 5,000
    UNIVERSITY OF OKLAHOMA FOUNDATION
    100 TIMBERDELL ROAD
    NORMAN,OK73019     		NONE 501(C)(3) REFUND GRANT -5,000
    VALIER PUBLIC LIBRARY
    PO BOX 247
    VALIER,MT59486     		NONE 501(C)(3) LIBRARY ADDITION FURNISHING 5,000
    WESTERN SUSTAINABILITY EXCHANGE
    PO BOX 1448
    LIVINGSTON,MT59047     		NONE 501(C)(3) LOCAL FOOD CONNECTION 5,000
    YCC FAMILY CRISIS CENTER
    1535 NORTH 775
    OGDEN,UT84404     		NONE 501(C)(3) GENERAL OPERATIONS 40,000
    YOUNG PARENTS EDUCATION CENTER
    2400 CENTRAL AVE
    GREAT FALLS,MT59401     		NONE 501(C)(3) EDUCATION SUPPORT 15,000
    YOUTH IMPACT INC
    2305 GRANT AVE
    OGDEN,UT84401     		NONE 501(C)(3) FACILITY & MEALS & GENERAL EDUCATION 60,500
    YWCA OF HELENA
    PO BOX 518
    HELENA,MT596240518     		NONE 501(C)(3) WINGS PROGRAM 20,000
    Total .................................bullet 3a 858,135
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 166,561  
    4 Dividends and interest from securities....     14 364,942  
    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 1,849,285  
    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)..   2,380,788  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,380,788
    (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 (2018)
    Form 990-PF (2018)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,250      

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DA DAVIDSON 9110 5,598,436 5,598,436
    DA DAVIDSON 1159 1,623,148 1,623,148

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DA DAVIDSON 9105 2,760,344 2,760,344
    DA DAVIDSON 8550 7,266,648 7,266,648
    DA DAVIDSON 9092 3,352,980 3,352,980

    TY 2018 LegalFeesSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 125      


    TY 2018 OtherExpensesSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    TELEPHONE 540      


    TY 2018 OtherIncreasesSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Description Amount
    UNREALIZED GAINS 1,140,206


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DA DAVIDSON 1159 7,490 7,490    
    DA DAVIDSON 8550 52,064 52,064    
    DA DAVIDSON 9092 17,176 17,176    
    DA DAVIDSON 9105 11,531 11,531    
    DA DAVIDSON 9110 15,172 15,172    
    MANAGEMENT FEES 117,449     117,449
    CONSULTING FEES 9,000     9,000


    TY 2018 TaxesSchedule
    Name:
    BROWNING KIMBALL FOUNDATION
     
    C/O FOUNDATION MANAGEMENT INC
    EIN:
    94-2766079
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 8550 377 377    
    FOREIGN TAX PAID 9105 5,160 5,160    
    EXCISE TAX 51,019