Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 07-01-2024 , and ending 06-30-2025
Name of foundation
The Brown Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)2217 Welch Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX770195617
A Employer identification number

74-6036466
B Telephone number (see instructions)

(713) 523-6867
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$2,197,022,299J 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 right arrow.............
3 Interest on savings and temporary cash investments 7,372,904 7,372,904  
4 Dividends and interest from securities... 26,883,088 26,883,088  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 110,269,984
b Gross sales price for all assets on line 6a 225,435,483
7 Capital gain net income (from Part IV, line 2)... 110,269,984
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)....... Click to see attachment
List of Attached Documents:
// Content
1,330,645 1,330,645 175,000
12 Total. Add lines 1 through 11........ 145,856,621 145,856,621 175,000
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 730,501 165,300 0 565,201
14 Other employee salaries and wages...... 837,782 69,984 0 767,798
15 Pension plans, employee benefits....... 422,583 65,880 0 356,703
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
63,526 33,926 0 29,600
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
39,600 5,990 0 33,610
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
3,079,583 2,965,482 0 114,101
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,437,311 87,904 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
226,375 23,146 0
20 Occupancy.............. 102,400 20,546 0 81,854
21 Travel, conferences, and meetings....... 75,074 11,357 0 63,718
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
408,441 216,646 175,000 191,795
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,423,176 3,666,161 175,000 2,204,380
25 Contributions, gifts, grants paid....... 84,269,500 84,269,500
26 Total expenses and disbursements. Add lines 24 and 25 92,692,676 3,666,161 175,000 86,473,880
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 53,163,945
b Net investment income (if negative, enter -0-) 142,190,460
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 65,526,428 74,681,804 74,681,804
2 Savings and temporary cash investments......... 87,089,605 89,423,454 89,423,454
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 936,813,763 Click to see attachment
List of Attached Documents:
// Content
978,821,982 		2,012,890,628
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow103,275
Less: accumulated depreciation (attach schedule) right arrow   103,275 Click to see attachment
List of Attached Documents:
// Content
103,275 		2,823,432
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
0 		3,777,680
14 Land, buildings, and equipment: basis right arrow6,822,241
Less: accumulated depreciation (attach schedule) right arrow2,850,773 4,304,967 Click to see attachment
List of Attached Documents:
// Content
3,971,468 		13,425,301
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,093,838,038 1,147,001,983 2,197,022,299
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,093,838,038 1,147,001,983
29 Total net assets or fund balances (see instructions)..... 1,093,838,038 1,147,001,983
30 Total liabilities and net assets/fund balances (see instructions). 1,093,838,038 1,147,001,983
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,093,838,038
2
Enter amount from Part I, line 27a .....................
2
53,163,945
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,147,001,983
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,147,001,983
Form 990-PF (2024)
Form 990-PF (2024)
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 P    
b Capital gain distributions P    
c Fixed assets disposed P 2018-06-29 2024-12-31
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 202,665,286   115,015,796 87,649,490
b 22,770,197     22,770,197
c     149,703 -149,703
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       87,649,490
b       22,770,197
c       -149,703
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 2 110,269,984
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
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,976,447
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,976,447
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,976,447
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,675,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,675,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 301,447
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-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 the instructions
for the 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTX
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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.brownfoundation.org
14
The books are in care ofright arrowAnn Ziker Telephone no.right arrow (713) 523-6867

Located atright arrow2217 Welch StreetHoustonTX ZIP+4right arrow770195617
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, 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 right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
John O'Connor Chair/Trustee
5.00 		0 0 0
2217 Welch St
Houston,TX77019
Isabel S Lummis Pres/Trustee
5.00 		0 0 0
2217 Welch St
Houston,TX77019
Lousia S Sarofim Sec/Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
Ann Ziker ED/Asst Secretary
50.00 		423,001 56,596 0
2217 Welch St
Houston,TX77019
Jacklyn Tatge CFO/Treasurer
40.00 		307,500 69,567 0
2217 Welch St
Houston,TX77019
Ralph Abendshein Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
Holbrook F Dorn Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
William N Mathis Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
Maria Mathis-Kruser Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
Caroline Negley Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
Ryan O'Connor Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
Elisa Pye Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
Christopher B Sarofim Trustee
2.00 		0 0 0
2217 Welch St
Houston,TX77019
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
Ryan Smith Chief Grants Officer
40.00 		260,000 55,945 0
2217 Welch St
Houston,TX77019
Chereze Therkildsen Controller
40.00 		175,000 38,137 0
2217 Welch St
Houston,TX77019
Robert Sepeda Director Grants Mana
40.00 		130,000 31,194 0
2217 Welch St
Houston,TX77019
Sherene Flemmings Grants Officer
40.00 		118,502 29,426 0
2217 Welch St
Houston,TX77019
Ivanna Raudales Accountant
40.00 		75,000 22,718 0
2217 Welch St
Houston,TX77019
Total number of other employees paid over $50,000...................right arrow 1
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
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
Fayez Sarofim & Co Investment management 2,422,755
Two Houston Center Ste 2907
Houston,TX77010
Jerry Gordan Albright Outsourced investment consultation 220,199
511 Island Lodges PO Box 306
Buchanan Dam,TX78609
Northern Trust Company Custodial services 125,583
50 S La Salle St
Chicago,IL60603
AON Investments USA Inc Investment advisory services 102,298
39584 Treasury Center
Chicago,IL60694
The Vanguard Group Inc Investmnet advisory services 64,457
PO Box 2600
Valley Forge,PA19482
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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 Funds spent to preserve and rehabilitate over 6,000 acres of freshwater marsh on the Texas Gulf Coast damaged by saltwater intrusion from a levee breach resulting from Hurricane Harvey and other significant rain events. The rehabilitation of the marsh, which is held for conservation purposes, will promote the return of native grasses, birds, fish, and wildlife. 176,000
2  
3  
4  
Part VIII-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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
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
2,065,574,085
b
Average of monthly cash balances.......................
1b
69,158,763
c
Fair market value of all other assets (see instructions)................
1c
9,447,264
d
Total (add lines 1a, b, and c).........................
1d
2,144,180,112
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
2,144,180,112
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
32,162,702
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,112,017,410
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
105,600,871
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
105,600,871
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
1,976,447
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,976,447
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
103,624,424
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
103,624,424
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
103,624,424
Part XI
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
86,473,880
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
86,473,880
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 103,624,424
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 1,982,472
f Total of lines 3a through e ........ 1,982,472
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 86,473,880
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 86,473,880
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 1,982,472 1,982,472
(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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
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...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		15,168,072
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) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2024, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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).)
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 right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Ann Ziker The Brown Foundation Inc
2217 Welch St
Houston,TX770195617
(713) 523-6867
bfi@brownfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
Grant applicants should refer to the foundation's website for information regarding the application process. i. https://www.brownfoundation.org/ ii. https://www.brownfoundation.org/about/#history iii. https://www.brownfoundation.org/grantmakingareas/#areas iv. https://www.brownfoundation.org/apply/
cAny submission deadlines:
https://www.brownfoundation.org/grant-seekers/
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
https://www.brownfoundation.org/grant-seekers/
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
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

AUP

2410 Hamilton St
Houston,TX77004 		N/A PC Capital Projects 100,000

Advocates of A Latino Museum of Cultural and Visual Arts & Archive

9801 Westheimer Rd Ste 803
Houston,TX77042 		N/A PC Operating Support 100,000

Alley Theatre

615 Texas Ave
Houston,TX77002 		N/A PC Operating Support 500,000

Alliance for Choice in Education

6009 West Parker Rd Ste 149-153
Plano,TX75093 		N/A PC Partial K-12 Scholarships for Low Income Houston Metro Area Children 50,000

American Festival for the Arts

241 N Milby St Ste B
Houston,TX77003 		N/A PC Operating Support 30,000

The Anderson Center for the Arts

13334 Wallisville Rd Bldg A
Houston,TX77049 		N/A PC Operating Support 50,000

An-Nisa Hope Center

7100 Regency Square Blvd Ste 290
Houston,TX77036 		N/A PC Operating Support 35,000

Ann Richards School Foundation

PO Box 41072
Austin,TX78704 		N/A PC Operating Support in Memory of Nancy Pittman 100,000

Annunciation Orthodox School

3600 Yoakum Blvd
Houston,TX77006 		N/A PC Light the Way Capital Campaign 750,000

Aperio

1919 Decatur St
Houston,TX77007 		N/A PC Operating Support 20,000

Apollo Chamber Players

307 Lilac St
Houston,TX77009 		N/A PC Operating Support 20,000

The Arbor School

1919 Knoll St
Houston,TX77080 		N/A PC Operating Support 50,000

Armand Bayou Nature Center Inc

PO Box 58828
Houston,TX77258 		N/A PC Middle Armand Bayou Protection Project (contingent) 500,000

Armand Bayou Nature Center Inc

PO Box 58828
Houston,TX77258 		N/A PC Operating Support 25,000

Ars Lyrica Houston

4807 San Felipe Ste 202
Houston,TX77056 		N/A PC Operating Support 40,000

Art League of Houston

1953 Montrose Blvd
Houston,TX77006 		N/A PC Operating Support 50,000

Artpace Inc

445 North Main Ave
San Antonio,TX78205 		N/A PC Operating Support 40,000

Asia Society Texas Center

1370 Southmore Blvd
Houston,TX77004 		N/A PC Operating Support 100,000

Aurora Picture Show

201 Roberts St D102
Houston,TX77003 		N/A PC Operating Support 30,000

AVDA

1001 Texas Ste 600
Houston,TX77002 		N/A PC Operating Support 35,000

Ave Community Development Corporation

3517 Irvington Blvd
Houston,TX77009 		N/A PC Operating Support 50,000

BakerRipley

PO Box 231808
Houston,TX77223 		N/A PC BakerRipley Community Centers 250,000

Bat Conservation International Inc

500 N Capital Of Texas Hwy Bldg
8-225
Austin,TX78746 		N/A PC Operating Support 50,000

Bayou Land Conservancy

8801 Gosling Road
Spring,TX77381 		N/A PC Operating Support 31,000

Bayou Preservation Association Inc

2339 Commerce St Ste 163
Houston,TX77002 		N/A PC Operating Support 20,000

The Beacon of Downtown Houston

1117 Texas Ave
Houston,TX77002 		N/A PC Operating Support 125,000

BEAR BE A Resource for CPS Kids

3572 E Tc Jester Blvd
Houston,TX77018 		N/A PC BEAR Core Programs 30,000

Big Brothers Big Sisters Lone Star

1003 Washington Ave
Houston,TX77002 		N/A PC One-to-One Mentoring for Youth Facing Adversity 50,000

Bos Place

10050 Buffalo Speedway
Houston,TX77054 		N/A PC Operating Support 40,000

Breakthrough Houston

2401 Claremont Lane
Houston,TX77019 		N/A PC Operating Support 50,000

Breakthrough Houston

2401 Claremont Lane
Houston,TX77019 		N/A PC Tutoring and Test Preparation Services 25,000

The Brenda and John H Duncan Rise School of Houston

5618 H Mark Crosswell Jr St
Houston,TX77021 		N/A PC Operating Support 50,000

The Bridge Over Troubled Waters Inc

3811 Allen Genoa Road
Pasadena,TX77504 		N/A PC The Bridge for Kids 30,000

BridgeYear

3414 Eastside St
Houston,TX77098 		N/A PC BridgeYear 3-Year Growth and Innovation Fund 100,000

Camp Aranzazu Inc

5420 Loop 1781
Rockport,TX78382 		N/A PC Operating Support 30,000

Camp For All Foundation

3701 Kirby Dr Ste 570
Houston,TX77098 		N/A PC Operating Support 30,000

CareerSpring Foundation

5311 Valerie St
Bellaire,TX77401 		N/A PC Technology Enhancement Initiative 75,000

Casa de Esperanza de los Ninos Inc

PO Box 301209
Houston,TX77230 		N/A PC Operating Support 70,000

The Catastrophic Theatre Inc

3400 Main St Ste 285
Houston,TX77002 		N/A PC Operating Support 40,000

Center for African American Military History Inc

3816 Caroline St
Houston,TX77004 		N/A PC Operating Support 75,000

The Center for Hearing and Speech

3100 Shenandoah St
Houston,TX77021 		N/A PC Operating Support 30,000

The Center for Pursuit

4400 Harrisburg Blvd
Houston,TX77011 		N/A PC Operating Support 60,000

Child Advocates Incorporated

3701 Kirby Dr Ste 400
Houston,TX77098 		N/A SO I Court Services 70,000

Children's Museum Inc

1500 Binz St
Houston,TX77004 		N/A PC Strengthening Our Core: 0-PreK Exhibit, Programs, and Partnerships; Operating Support 875,000

The Chinati Foundation

PO Box 1135
Marfa,TX79843 		N/A PC Operating Support 100,000

Chinese Community Center Inc

9800 Town Park Dr
Houston,TX77036 		N/A PC Child Development Center 30,000

Chinquapin Preparatory School

2615 E Wallisville Road
Highlands,TX77562 		N/A PC Operating Support 125,000

CHRISTUS Foundation For Healthcare

PO Box 1919
Houston,TX77251 		N/A PC Immunize for Lift 35,000

Coalition for the Homeless of HoustonHarris County

2000 Crawford St Ste 700
Houston,TX77002 		N/A PC Achieving Equilibrium ($1,500,000) and Operating Support ($75,000) 1,575,000

Coastal Prairie Conservancy

5615 Kirby Dr Ste 867
Houston,TX77005 		N/A PC Land Stewardship Program 125,000

Collaborative for Children

2200 Post Oak Blvd Ste 1000
Houston,TX77056 		N/A PC Operating Support 150,000

Communities In Schools of Houston Inc

1111 North Loop West Freeway Ste
300
Houston,TX77008 		N/A PC Operating Support ($300K) and Mental Health programs ($100K) 400,000

Communities In Schools of San Antonio

1045 Cheever Blvd Ste 201
San Antonio,TX78217 		N/A PC Operating Support 125,000

Comp-U-Dopt Inc

1602 Airline Dr
Houston,TX77009 		N/A PC Operating Support 50,000

Contemporary Art for San Antonio

116 Blue Star
San Antonio,TX78204 		N/A PC Operating Support 25,000

Contemporary Arts Museum Houston

5020 Montrose Boulevard Ste 210
Houston,TX77006 		N/A PC Operating Support 250,000

Contemporary Arts Museum Houston

5020 Montrose Boulevard Ste 210
Houston,TX77006 		N/A PC Rebirth in Action: Phase 2 750,000

The Council on Recovery

PO Box 2768
Houston,TX77252 		N/A PC The Center for Recovering Families 50,000

Covenant House Texas

1110 Lovett Boulevard
Houston,TX77006 		N/A PC Operating Support 50,000

Cristo Rey Jesuit High School of Houston

6700 Mount Carmel St
Houston,TX77087 		N/A PC Operating Support 50,000

Cypress Creek Fine Art Association

6815 Cypresswood Dr
Spring,TX77379 		N/A PC Operating Support 35,000

Cystic Fibrosis Foundation

4265 San Felipe St Ste 1100
Houston,TX77027 		N/A PC State of the Art Cystic Fibrosis Care and Clinical Research in Texas 150,000

Da Camera Society of Texas

1402 Sul Ross
Houston,TX77006 		N/A PC Operating Support 150,000

Da Camera Society of Texas

1402 Sul Ross
Houston,TX77006 		N/A PC Artistic Development Fund 125,000

Dance of Asian America

9889 Bellaire Blvd C-335
Houston,TX77036 		N/A PC Operating Support 30,000

DePelchin Children's Center

4950 Memorial Dr
Houston,TX77007 		N/A PC Community Based Care 1,500,000

DePelchin Children's Center

4950 Memorial Dr
Houston,TX77007 		N/A PC Operating Support 50,000

DePelchin Children's Center

4950 Memorial Dr
Houston,TX77007 		N/A PC T3C Network Development 450,000

DiscoverU

7676 Hillmont St Ste 320
Houston,TX77040 		N/A PC Operating Support 50,000

Discovery Green Conservancy

1500 Mckinney
Houston,TX77010 		N/A PC Operating Support 100,000

Diverse Works Inc

3400 Main St Ste 292
Houston,TX77002 		N/A PC Operating Support ($60,000) + Planning for Collaborative Arts Campus ($20,000) 80,000

El Centro de Corazn

PO Box 230209
Houston,TX77223 		N/A PC Operating Support 50,000

Elevate Collegiate Inc

3129 Southmore Blvd
Houston,TX77004 		N/A PC Operating Support 50,000

Emancipation Park Conservancy

3018 Emancipation Ave
Houston,TX77004 		N/A PC Operating Support 70,000

Emancipation Park Conservancy

3018 Emancipation Ave
Houston,TX77004 		N/A PC Emancipation Park Capital Campaign 1,000,000

EMERGE Fellowship

1707 1/2 Post Oak Boulevard Ste 296
Houston,TX77056 		N/A PC Operating Support 250,000

Enjoyable Pain of Growth Academy

619 Jackson Hill St
Houston,TX77007 		N/A PC Operating Support 50,000

Ensemble Theater

3535 Main St
Houston,TX77002 		N/A PC Operating Support 50,000

Epiphany Community Health Outreach Services

9894 Bissonnet Ste 900
Houston,TX77036 		N/A PC Operating Support 50,000

Families Empowered

2050 N Loop W Ste 230
Houston,TX77018 		N/A PC Operating Support 50,000

Family Service Center at Houston and Harris County

PO Box 70068
Houston,TX77270 		N/A PC A Hub for Houston ($25,000); Operating Support ($40,000) 65,000

Foster Care Advocacy Center

2429 Bissonnet St 767
Houston,TX77005 		N/A PC Operating Support 75,000

FotoFest Inc

2000 Edwards St Building C Ste 2
Houston,TX77007 		N/A PC FotoFest Biennial 2026: Four Decades (working title) 250,000

Friends of Pumpkin Park

3737 Buffalo Speedway 200
Houston,TX77098 		N/A PC Opening the Door to Childrens Dreams 250,000

Friends of the Children-Houston

5535 Memorial Dr Ste F Box 319
Houston,TX77007 		N/A PC Operating Support 75,000

Friends of the High Line Inc

The Diller - Von Furstenberg
Building 820 Washington St
New York,NY10014 		N/A PC High Line Art Programming 150,000

Galveston Arts Center Inc

2127 Strand St
Galveston,TX77550 		N/A PC Operating Support 30,000

Genesys Works Houston

3100 Main St Ste 702
Houston,TX77002 		N/A PC Operating Support 50,000

Georgia O'Keeffe Museum

217 Johnson St
Santa Fe,NM87501 		N/A PC The New O'Keeffe 750,000

Glasstire

PO Box 1489
Houston,TX77251 		N/A PC Operating Support 35,000

Good Reason Houston

8 Greenway Plaza Ste 900
Houston,TX77046 		N/A PC HISD Fund 1,000,000

Greater Houston Community Foundation

515 Post Oak Blvd Ste 1000
Houston,TX77027 		N/A PC Houston Charter Seed Fund 5,000,000

Gulf Coast-A Journal of Literature & Fine Arts

3687 Cullen Boulevard Room 203 Roy
G Cullen Building University Of Hou
Houston,TX77204 		N/A PC Operating Support 25,000

Gulf Coast Bird Observatory Inc

299 Hwy 332 West
Lake Jackson,TX77566 		N/A PC Operating Support 30,000

Harbor Christian Academy

623 Kress St
Houston,TX77020 		N/A PC Operating Support 50,000

Harmony House Inc

702 Girard St
Houston,TX77007 		N/A PC Operating Support 50,000

Harris County Domestic Violence Coordinating Council

2990 Richmond Ave Ste 550
Houston,TX77098 		N/A PC Operating Support 50,000

Harris Health Strategic Fund

4800 Fournace Place
Bellaire,TX77401 		N/A PC Investing in a Healthier Harris County 10,000,000

Healthcare for the Homeless-Houston

1934 Caroline St
Houston,TX77002 		N/A PC Operating Support 30,000

Hermann Park Conservancy

1700 Hermann Dr
Houston,TX77004 		N/A PC 10-year plan (Phase I) 6,000,000

The Holdsworth Center

4907 Ranch Road 2222
Austin,TX78731 		N/A PC Superintendent Pipeline Efforts in Greater Houston and across Texas 75,000

Holocaust Museum Houston

5401 Caroline St
Houston,TX77004 		N/A PC Operating Support 50,000

Hope and Healing Center & Institute

717 Sage Road
Houston,TX77056 		N/A PC Operating Support 50,000

Hope Stone Inc

2726 Bissonnet Ste 240-513
Houston,TX77005 		N/A PC Operating Support 40,000

Houston reVision

PO Box 537
Houston,TX77402 		N/A PC Operating Support 40,000

Houston Arboretum & Nature Center

4501 Woodway Dr
Houston,TX77024 		N/A PC Operating Support 100,000

Houston Area Community Services Inc

2150 W 18Th St Ste 300
Houston,TX77008 		N/A PC Ave 360 Health Equity Initiative 100,000

Houston Area Womens Center

3077 El Camino St
Houston,TX77054 		N/A PC Operating Support 75,000

Houston Audubon Society

440 Wilchester Blvd
Houston,TX77079 		N/A PC Operating Support 55,000

Houston Ballet Foundation

601 Preston St
Houston,TX77002 		N/A PC Operating Support 850,000

Houston Botanic Garden

8205 N Bayou Dr
Houston,TX77017 		N/A PC Operating Support 150,000

Houston Center for Contemporary Craft

4848 Main St
Houston,TX77002 		N/A PC Operating Support 75,000

Houston Center for Musical Arts

1703 Heights Boulevard
Houston,TX77008 		N/A PC Operating Support 80,000

Houston Center for Photography

1441 West Alabama St
Houston,TX77006 		N/A PC Operating Support 50,000

Houston Chamber Choir

PO Box 53388
Houston,TX77052 		N/A PC Operating Support 20,000

Houston Cinema Arts Society

4200 Montrose Blvd Ste 110
Houston,TX77006 		N/A PC Operating Support 30,000

Houston Classical Inc

6403 Addicks Clodine Rd
Houston,TX77083 		N/A PC The Next Chapter: A Campaign for Houston Classical's Future 500,000

Houston Freedmen's Town Conservancy

PO Box 22602
Houston,TX77227 		N/A PC Operating Support 200,000

Houston Grand Opera Association Inc

510 Preston St
Houston,TX77002 		N/A PC Operating Support 850,000

Houston Hospice

1905 Holcombe Boulevard
Houston,TX77030 		N/A PC Operating Support 100,000

Houston Latin American Philharmonic Orchestra

28810 Emerald Valley Ct
Katy,TX77494 		N/A PC Operating Support 20,000

Houston Museum of Natural Science

5555 Hermann Park Dr
Houston,TX77030 		N/A PC Brown Hall of Entomology ($2,850,000) and Youth Education Support ($150,000) 3,000,000

Houston Parks Board

300 North Post Oak Lane
Houston,TX77024 		N/A PC Pasadena Vince Bayou Greenway Implementation 1,500,000

Houston Public Media Foundation

4343 Elgin St
Houston,TX77204 		N/A PC Houston Public Media Educational Programming and Services 50,000

Houston Recovery Center LGC

1500 Mcgowen St Ste 250
Houston,TX77004 		N/A PC Operating Support 35,000

Houston Society for the Prevention of Cruelty to Animals

7007 Old Katy Road
Houston,TX77024 		N/A PC Operating Support 100,000

Houston Symphony Society

615 Louisiana St Ste 102
Houston,TX77002 		N/A PC Operating Support 850,000

Houston Wilderness Inc

1334 Brittmoore Rd Ste 2804
Houston,TX77043 		N/A PC Continued Progress and Expansion of Riverine (TUBs) 100,000

iEducate USA

4903 Mayfair St
Bellaire,TX77401 		N/A PC Operating Support 150,000

The Imani School

12401 S Post Oak Rd
Houston,TX77045 		N/A PC The Imani School Capital Expansion 350,000

Inprint Inc

1520 West Main St
Houston,TX77006 		N/A PC Operating Support 125,000

Institute for Rehabilitation & Research Foundation

3355 West Alabama Ste 950
Houston,TX77098 		N/A PC Mission Connect 200,000

Interfaith Ministries for Greater Houston

3303 Main St
Houston,TX77002 		N/A PC Operating Support 50,000

International Crane Foundation Inc

E11376 Shady Lane Road
Baraboo,WI53913 		N/A PC Texas Whooping Crane Conservation Program 30,000

ISHIDA Dance Company

2726 Bissonnet St Ste 240 Pmb 1029
Houston,TX77005 		N/A PC Operating Support 40,000

Jazz Houston

4828 Loop Central Dr Ste 1000
Houston,TX77081 		N/A PC Operating Support 50,000

The Junior League of Houston Inc

1811 Briar Oaks Lane
Houston,TX77027 		N/A PC Centennial Anniversary Campaign 100,000

Justice Forward

515 Caroline St
Houston,TX77002 		N/A PC Operating Support 25,000

Kids' Meals Inc

8790 Hammerly Blvd
Houston,TX77080 		N/A PC Operating Support 50,000

Lawndale Art and Performance Center

PO Box 66507
Houston,TX77266 		N/A PC Operating Support ($50,000) + Planning for Collaborative Arts Campus ($20,000) 70,000

The Magik Theatre

420 S Alamo St
San Antonio,TX78205 		N/A PC Operating Support 25,000

Main St Theater Houston

2540 Times Blvd
Houston,TX77005 		N/A PC Operating Support 50,000

McNay Art Museum

6000 N New Braunfels Ave
San Antonio,TX78209 		N/A PC Operating Support 100,000

Meadows Mental Health Policy Institute for Texas

3003 Swiss Ave
Dallas,TX75214 		N/A PC Trauma and Grief Center 250,000

Menil Foundation Inc

1511 Branard St
Houston,TX77006 		N/A PC Operating Support 800,000

Mercury Chamber Orchestra

2900 Weslayan St Ste 500
Houston,TX77027 		N/A PC Operating Support 40,000

Miller Theatre Advisory Board

PO Box 66267
Houston,TX77266 		N/A PC Operating Support 50,000

The Monarch School Inc

2815 Rosefield Dr
Houston,TX77080 		N/A PC Operating Support 50,000

Multicultural Education and Counseling through the Arts

1900 Kane St
Houston,TX77007 		N/A PC Operating Support 40,000

Museum of Fine Arts Houston

PO Box 6826
Houston,TX77265 		N/A PC MFAH Operating Support ($900,000) and Ruth K Shartle Lecture Series ($29,500) 929,500

Musical Bridges Around The World Inc

23705 IH-10 West Ste 101
San Antonio,TX78257 		N/A PC Operating Support 40,000

Musiqa

3400 Main St
Houston,TX77002 		N/A PC Operating Support 30,000

Nameless Sound

1458 Lawson St
Houston,TX77023 		N/A PC Operating Support 25,000

National Philanthropic Trust

165 Township Line Road Ste 1200
Jenkintown,PA19046 		N/A PC Study Group and Matching Grant Programs 11,000,000

The Nature Discovery Center Inc

7112 Newcastle St
Bellaire,TX77401 		N/A PC Operating Support 20,000

Nehemiah Center Inc

5015 Fannin St
Houston,TX77004 		N/A PC Pre-Kindergarten Program 35,000

New Hope Housing Inc

3315 Harrisburg Blvd Ste 400
Houston,TX77003 		N/A PC New Hope Housing Ave C ($250,000) and 2024 Operations ($100,000) 350,000

Nick Finnegan Counseling Center Foundation

2714 Joanel St
Houston,TX77027 		N/A PC Operating Support 40,000

Northwest Assistance Ministries

15555 Kuykendahl Road
Houston,TX77090 		N/A PC NAM Meals on Wheels 50,000

Nuestra Palabra Latino Writers Having Their Say

5503 Lawndale St
Houston,TX77023 		N/A PC The Global Reading Series 25,000

OneGoal

2799 Katy Fwy Ste 250 Office 11
Houston,TX77007 		N/A PC Operating Support 50,000

Open Dance Project Inc

747 N Shepherd Dr 100
Houston,TX77007 		N/A PC Operating Support 30,000

Open Door Mission

5803 Harrisburg Boulevard
Houston,TX77011 		N/A PC Operating Support 35,000

Opera in the Heights

PO Box 7887
Houston,TX77270 		N/A PC Operating Support 50,000

The Orange Show Foundation

PO Box 230309
Houston,TX77223 		N/A PC Operating Support 65,000

Palmer Drug Abuse Program - Houston Inc

3730 Kirby Dr Ste 1200
Houston,TX77098 		N/A PC Operating Support 50,000

Parish Childrens School

11001 Hammerly Blvd
Houston,TX77043 		N/A PC Financial Assistance and Ancillary Support Fund 50,000

Performing Arts Houston

615 Louisiana St Ste 100
Houston,TX77002 		N/A PC Operating Support 75,000

Planned Parenthood South Texas

2140 Babcock Road
San Antonio,TX78229 		N/A PC Health Care in the Rio Grande Valley 40,000

Plant it Forward

4030 Willowbend
Houston,TX77025 		N/A PC Operating Support 30,000

The Posse Foundation Inc

2777 Allen Parkway Ste 850
Houston,TX77019 		N/A PC Posse Houston: College Success and Leadership Development Program 75,000

Precinct4Forward

PO Box 27575
Houston,TX77227 		N/A PC Burnett Bayland Park Improvements 7,500,000

Prelude Music Foundation

2802 Timmons Ln Ste 27170
Houston,TX77227 		N/A PC Operating Support 25,000

Prison Entrepreneurship Program

PO Box 2767
Houston,TX77252 		N/A PC Operating Support 50,000

Project Row Houses

PO Box 1011
Houston,TX77251 		N/A PC Operating Support 75,000

reMIND

PO Box 27607
Houston,TX77227 		N/A PC Suicide Awareness through peer support and mental health education 25,000

River Oaks Chamber Orchestra

3104 Edloe St Ste 350
Houston,TX77027 		N/A PC Operating Support 50,000

Rothko Chapel

1409 Sul Ross
Houston,TX77006 		N/A PC Operating Support 50,000

San Antonio Botanical Garden Society Inc

555 Funston Place
San Antonio,TX78209 		N/A PC Operating Support 35,000

San Antonio Children's Museum

2800 Broadway
San Antonio,TX78209 		N/A PC Operating Support 100,000

San Antonio Museum of Art

200 West Jones Ave
San Antonio,TX78215 		N/A PC Operating Support 500,000

San Jos Clinic

2615 Fannin St
Houston,TX77002 		N/A PC Operating Support 50,000

The Santa Fe Opera

301 Opera Dr
Santa Fe,TX87506 		N/A PC Apprentice Program for Theater Technicians 250,000

SEARCH Homeless Services

2015 Congress St
Houston,TX77002 		N/A PC Operating Support 125,000

SITE SANTA FE

1606 Paseo De Peralta
Santa Fe,NM87501 		N/A PC Every Day Free Admission 125,000

Skowhegan School of Painting and Sculpture Inc

136 West 22Nd St
New York,NY10011 		N/A PC Operating Support 30,000

Sound Off Inc

4040 Broadway Ste 501
San Antonio,TX78209 		N/A PC Catalyst Campaign 250,000

Spacetaker

PO Box 66494
Houston,TX77266 		N/A PC Operating Support 25,000

SPARK

PO Box 1562
Houston,TX77251 		N/A PC Operating Support 50,000

Stages

800 Rosine St
Houston,TX77019 		N/A PC Operating Support 150,000

Step Charter School

11250 Wilcrest Dr
Houston,TX77099 		N/A PC West Airport Campus School Expansion 200,000

Tahirih Justice Center

1717 St James Place Ste 450
Houston,TX77056 		N/A PC Operating Support 45,000

Teach For America Houston

2 Greenway Plaza 500
Houston,TX77046 		N/A PC Operating Support 650,000

The Texas International Institute of Health Professions

1017 Fairmont Pkwy
Pasadena,TX77504 		N/A PC Fairmont Clinic Expansion Project 100,000

Texas Parks and Wildlife Foundation

6220 Gaston Ave
Dallas,TX75214 		N/A PC Support for TPWF's S Reed Morian Oyster Buyback Program, Phase I 100,000

Texas Public Radio

321 W Commerce St
San Antonio,TX78205 		N/A PC Operating Support 25,000

Texas Rice Industry Coalition for the Environment

PO Box 644
Pierce,TX77467 		N/A PC Texas Public Lands Wetlands and Prairie Initiative 29,000

Theatre Under The Stars

800 Bagby Ste 200
Houston,TX77002 		N/A PC Operating Support 225,000

The Montrose Center

401 Branard 2Nd Floor
Houston,TX77006 		N/A PC Living Insightfully for Empowerment (LIFE) Counseling Program for Youth 80,000

Thrive With Autism Foundation

32100 Dobbin Huffsmith
Magnolia,TX77354 		N/A PC Campaign of Hope 1,550,000

Trees For Houston

1911 W 34Th St
Houston,TX77018 		N/A PC Operating Support 50,000

United Way of Greater Houston

50 Waugh Dr
Houston,TX77007 		N/A PC Operating Support 125,000

University of Houston

5000 Gulf Freeway Building 1 Room
300
Houston,TX77204 		N/A GOV Houston Shakespeare Festival ($35,000) and Blaffer Art Museum ($25,000) 60,000

University of Houston

5000 Gulf Freeway Building 1 Room
300
Houston,TX77204 		N/A GOV Wilhelmina's Grove 500,000

Up Excellence Academy

330 North Sam Houston Parkway East
Houston,TX77060 		N/A PC Operating Support 50,000

The Urban Enrichment Institute

4014 Market St Ste W145
Houston,TX77020 		N/A PC Operating Support 75,000

Urban Harvest Inc

1911 W 34Th St
Houston,TX77018 		N/A PC Operating Support 50,000

UT MD Anderson Cancer Center

2130 West Holcombe Blvd Life
Science Plaza
Houston,TX77030 		N/A GOV Renewal and Expansion of The Brown Foundation Award for Excellence in Oncology Nursing 415,000

Vita Living Inc

3300 S Gessner Ste 150
Houston,TX77063 		N/A PC Operating Support 35,000

Wesley Community Center Inc

1410 Lee St
Houston,TX77009 		N/A PC Operating Support 60,000

The Westview School Inc

1900 Kersten Dr
Houston,TX77043 		N/A PC Capital Campaign ($750,000) and Operating Support ($50,000) 800,000

Whitney Museum of American Art

99 Gansevoort St
New York,NY10014 		N/A PC To Support Free Admissions Programs and Museum Access 150,000

Wildlife Habitat Federation

PO Box 75
Cat Spring,TX78933 		N/A PC Operating Support 50,000

The Women's Home

607 Westheimer
Houston,TX77006 		N/A PC Operating Support 70,000

Wonderworks

PO Box 667550
Houston,TX77266 		N/A PC Operating Support 40,000

The Woods Project Inc

2700 Southwest Freeway
Houston,TX77098 		N/A PC Operating Support 50,000

Workshop Houston

PO Box 88365
Houston,TX77288 		N/A PC Operating Support 50,000

Worktexas Training Center

3900 Essex Ln Ste 1200
Houston,TX77027 		N/A PC Operating Support 50,000

Writers in the Schools

1414 Sul Ross St
Houston,TX77006 		N/A PC Operating Support 80,000

Yellowstone Academy Inc

3000 Trulley St
Houston,TX77004 		N/A PC Operating Support 50,000

YES Prep Public Schools

5455 South Loop East
Houston,TX77033 		N/A PC The Power of YES 7,000,000

Young Audiences Inc of Houston

675 Bering Dr Ste 300
Houston,TX77057 		N/A PC Operating Support 30,000
Total .................................right arrow 3a 84,269,500
bApproved for future payment

Houston Arboretum Society
440 Wilchester Blvd
Houston,TX77079 		N/A PC Building Coastal Resiliency on Bolivar Peninsula (Contingent) 200,000

Momentum Advisory Collective
PO Box 131618
Dallas,TX75313 		N/A PC Building Momentum: Shifting the Justice Model for Houston Youth with Cafe Momentum (Contingent) 100,000

National Philanthropic Trust
165 Township Line Rd Ste 1200
Jenkintown,PA19046 		N/A PC Study Group and Matching Grant Programs 11,000,000

Rise School of San Antonio Inc
414 N San Saba St
San Antonio,TX78249 		N/A PC RISE San Antonio Capital Renovations 200,000
Total ................................. right arrow 3b 11,500,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-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
aProgram rental income         175,000
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 7,372,904  
4 Dividends and interest from securities ....     14 26,883,088  
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 ............ 		    18 110,269,984  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOil & Gas Income 		    15 1,153,439  
bOther portfolio income     14 2,206  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 145,681,621 175,000
13Total. Add line 12, columns (b), (d), and (e)..................
13
145,856,621
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1a Lease payment for the Chambers County Ranch property which is held for conservation purposes. All income is reinvested in the property to further conservation purposes, mitigate wetland damage and prevent further erosion.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
The Brown Foundation Inc
EIN:
74-6036466
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Audit and tax services 39,600 5,990 0 33,610

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

TY 2024 DepreciationSchedule
Name:
The Brown Foundation Inc
EIN:
74-6036466
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
2211 Welch - Improvements 2016-01-01 391,061 204,755 SL 40.000000000000 33,296 33,296 0  
2217 Welch - Bldg & Imp. 2000-01-01 2,261,212 1,756,660 SL 40.000000000000 43,779 43,779 0  
2217 Welch - Furn & Equip 2021-06-01 877,199 439,615 SL 7.000000000000 75,933 75,933 0  
Chambers County- Bldg & Imp. 2021-04-01 1,046,907 223,368 SL 15.000000000000 73,367 0 0  
Land 2000-01-01 103,275   L   0 0 0  

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

TY 2024 ExpenditureResponsibilityStmt
Name:
The Brown Foundation Inc
EIN:
74-6036466
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
Blackwood Educational Land Institute
  		PO Box 271347
Houston,TX77277 		2024-06-17 1,000 Operating support. 1,000 To the Foundation's knowledge, no funds have been diverted. 9/9/2025   The Brown Foundation, Inc. has no reason to doubt the accuracy or reliability of the reports from the grantee; therefore, no independent verification of the reports is planned.

TY 2024 InvestmentsCorpStockSchedule
Name:
The Brown Foundation Inc
EIN:
74-6036466
Name of Stock End of Year Book Value End of Year Fair Market Value
Canadian Pac Kans City Ltd 4,275,424 12,794,178
Novo-Nordisk 2,173,904 21,692,986
Lvmh Moet Hennessy Louis Vuitton 13,754,156 8,470,463
ASML Hldg 5,532,757 24,803,021
Taiwan Semiconductor Manufacturing 12,498,034 19,291,286
Astrazeneca Plc 15,290,876 14,898,416
Bae Sys Plc 14,057,967 23,325,540
Abbott Lab 464,661 19,004,677
Adobe Inc 14,537,889 12,747,696
Alphabet Inc 10,018,370 49,207,986
Amazon 28,612,845 71,735,045
Apple Inc 1,140,528 72,634,283
Automatic Data Processing Inc 1,699,638 10,701,480
Blackrock Inc 4,385,422 28,775,681
Chevron Corp 3,699,289 24,165,747
CME Group Inc 7,668,656 11,024,800
Coca Cola Co 191,250 12,335,616
Costar Group Inc 11,648,732 10,687,170
Deere & Co 6,123,196 7,627,350
Eaton Corp Plc 17,573,929 19,991,440
Eli Lilly & Co 11,253,900 10,133,890
Exxon Mobil Corp 11,603,015 14,876,400
Gartner Inc 7,983,014 11,023,079
Home Depot Inc 10,272,156 11,191,686
Intercontinental Exchange Inc 4,947,831 17,558,079
Intuit 17,007,787 34,261,905
Intuitive Surgical Inc 6,981,553 29,547,919
Marriott Intl Inc 6,300,066 11,884,635
Mastercard Inc 12,105,739 24,303,905
Mc Donalds Corp 3,792,659 20,072,079
Meta Platforms Inc 29,428,537 36,535,455
Microsoft Corp 9,279,722 92,503,338
Nike Inc 8,214,331 8,763,139
Nvidia Corp 40,025,787 61,074,984
Old Dominion Freight Line Inc 11,416,431 9,389,055
Otis Worldwide Corp 2,149,680 5,396,590
Pepsico Inc 383,445 10,823,979
Philip Morris Intl 10,747,893 11,292,060
Procter & Gamble 10,402,683 10,355,800
Progressive Corp 7,768,571 25,084,840
S&P Global Inc 422,414 26,491,050
Servicenow Inc 13,062,096 18,197,016
Sherwin-Williams Co 5,953,691 13,734,400
Texas Instruments Inc 6,446,869 34,858,360
Unitedhealth Group Inc 4,232,769 9,493,247
Verisk Analytics Inc 3,444,216 10,715,600
Visa Inc 8,572,361 39,845,486
Zoetis Inc 10,041,126 10,058,775
Vanguard Tot Int St Idx 54,488,266 81,550,592
Vanguard Primecap 117,036,367 172,814,773
Vanguard Tot Stk Mkt-Inst Pl 211,493,234 508,437,053
Vanguard Windsor Fds 146,216,250 154,706,598

TY 2024 InvestmentsLandSchedule2
Name:
The Brown Foundation Inc
EIN:
74-6036466
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 103,275 0 103,275 2,823,432

TY 2024 InvestmentsOtherSchedule2
Name:
The Brown Foundation Inc
EIN:
74-6036466
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Oil & gas interests AT COST 0 3,777,680

TY 2024 LandEtcSchedule2
Name:
The Brown Foundation Inc
EIN:
74-6036466
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 2,245,863 0 2,245,863 10,203,013
Furniture, fixtures, equipment 877,199 515,548 361,651 361,651
Buildings, improvements 3,699,179 2,335,225 1,363,954 2,860,637


TY 2024 LegalFeesSchedule
Name:
The Brown Foundation Inc
EIN:
74-6036466
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal services 63,526 33,926 0 29,600


TY 2024 OtherExpensesSchedule
Name:
The Brown Foundation Inc
EIN:
74-6036466
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Computer maintenance 5,433 822 0 4,611
Computer software 54,558 8,253 0 46,305
Dues, subscriptions, & registrations 19,522 2,953 0 16,569
Equipment rentals & leases 12,921 1,955 0 10,966
Insurance - liability 75,000 11,345 0 63,655
Insurance - property 44,337 13,190 0 31,147
Internet & web expense 350 53 0 297
Office supplies & expense 8,703 1,317 0 7,386
Marsh rehabilitation costs 176,000 175,000 175,000 1,000
Administrative expenses 11,208 1,696 0 9,512
Postage, shipping & deliveries 409 62 0 347


TY 2024 OtherIncomeSchedule2
Name:
The Brown Foundation Inc
EIN:
74-6036466
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Program rental income 175,000 175,000 175,000
Oil & Gas Income 1,153,439 1,153,439 0
Other portfolio income 2,206 2,206 0


TY 2024 OtherProfessionalFeesSchedule
Name:
The Brown Foundation Inc
EIN:
74-6036466
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IT support 32,363 4,896 0 27,467
Investment counsel & bank fees 2,720,091 2,716,530 0 3,561
Payroll service fees 31,129 4,709 0 26,420
Oil & gas investment fees 3,249 3,249 0 0
Appraisal fees 8,500 8,500 0 0
Investment consulting 227,598 227,598 0 0
Other professional fees 56,653 0 0 56,653


TY 2024 TaxesSchedule
Name:
The Brown Foundation Inc
EIN:
74-6036466
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Ad Valorem tax 82,530 82,530 0 0
Federal excise tax 2,349,407 0 0 0
Production tax 5,374 5,374 0 0