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 01-01-2024 , and ending 12-31-2024
Name of foundation
THE BROWNSON HOME INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2022
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
VICTORIA, TX779022022
A Employer identification number

74-1237326
B Telephone number (see instructions)

(361) 573-7161
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$17,659,370J Accounting method:
MOD ACCRUAL
(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) 249,220
2 Check right arrow.............
3 Interest on savings and temporary cash investments 9,569 9,569 9,569
4 Dividends and interest from securities... 190,728 190,728 190,728
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
448,213
b Gross sales price for all assets on line 6a 2,791,332
7 Capital gain net income (from Part IV, line 2)... 449,389
8 Net short-term capital gain......... 27,023
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
8,399 8,399 8,399
12 Total. Add lines 1 through 11........ 906,129 658,085 235,719
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 97,000      
14 Other employee salaries and wages...... 391,474     234,884
15 Pension plans, employee benefits....... 86,218     51,731
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,650     7,650
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
247     148
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
66,945    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
408,629 70,334   338,295
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,058,163 70,334   632,708
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,058,163 70,334   632,708
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -152,034
b Net investment income (if negative, enter -0-) 587,751
c Adjusted net income (if negative, enter -0-)... 235,719
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............. 908,872 753,535 753,535
2 Savings and temporary cash investments.........      
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) 670,152 Click to see attachment
List of Attached Documents:
// Content
650,924 		658,308
b Investments—corporate stock (attach schedule)....... 6,343,163 Click to see attachment
List of Attached Documents:
// Content
6,420,706 		13,731,497
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 858,652 Click to see attachment
List of Attached Documents:
// Content
858,652 		706,297
14 Land, buildings, and equipment: basis right arrow1,332,037
Less: accumulated depreciation (attach schedule) right arrow922,352 464,697 Click to see attachment
List of Attached Documents:
// Content
409,685 		1,809,733
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,245,536 9,093,502 17,659,370
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
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........... 9,032,063 8,680,378
25 Net assets with donor restrictions............ 213,473 413,124
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 9,245,536 9,093,502
30 Total liabilities and net assets/fund balances (see instructions). 9,245,536 9,093,502
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
9,245,536
2
Enter amount from Part I, line 27a .....................
2
-152,034
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
9,093,502
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,093,502
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 175,000 US TREASURY NOTES 1.25% P 2024-02-20 2024-08-31
b 175,000 US TREASURY NOTES 2.25% P 2024-02-20 2024-11-15
c 515,000 US TREASURY NOTES .125% P 2023-08-04 2024-02-15
d 175,000 US TREASURY NOTES 1.75% P 2023-07-07 2024-06-30
e 330 SH ALPHABET INC P    
301 SH ARISTA NETWORKS INC P 2020-09-17 2024-08-28
13,864 SH BANK OF AMERICA 4% P    
400 SH BERKSHIRE HATHAWAY CL B P 2018-07-10 2024-08-28
343 SH INTUIT P 2022-03-24 2024-02-08
250 SH MICROSOFT CORP P 2008-05-28 2024-08-28
1,612 SH GOLDMAN SACH 4% SER D P    
13,064 SH TRUIST FINL 5.1502% PFD P    
20,000 SH US BANCORP 5.56% PFD P    
3 SH UNION PAC CORP P 2015-06-23 2024-02-08
(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 175,000   171,388 3,612
b 175,000   171,437 3,563
c 515,000   501,182 13,818
d 175,000   168,970 6,030
e 64,705   22,823 41,882
102,713   15,250 87,463
306,632   300,922 5,710
186,104   75,985 110,119
223,683   159,459 64,224
102,725   7,013 95,712
35,539   39,999 -4,460
288,143   297,251 -9,108
440,345   409,960 30,385
743   304 439
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       3,612
b       3,563
c       13,818
d       6,030
e       41,882
      87,463
      5,710
      110,119
      64,224
      95,712
      -4,460
      -9,108
      30,385
      439
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 2 449,389
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 27,023
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: 1996-12-27(attach copy of letter if necessary–see instructions) 1 N/A
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  
3 Add lines 1 and 2........................... 3  
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  
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
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 arrow
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
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See 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 addressright arrowWWW.BROWNSONHOME.ORG
14
The books are in care ofright arrowRISE R KONARIK Telephone no.right arrow (361) 573-7161

Located atright arrow6245 SALEM ROADVICTORIATX ZIP+4right arrow77901
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)
 
No
(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
 
 
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
 
 
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)
 
No
(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
 
 
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
 
 
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? .............................
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
ROBERT HALEPESKA PRESIDENT
0.25 		0 0 0
206 TRACY LANE
VICTORIA,TX77904
WILLIAM BILL KICKENDAHL VICE PRESIDE
0.25 		0 0 0
8837 SALEM ROAD
VICTORIA,TX77904
LARRY CLARK SECRETARY
1.00 		0 0 0
4606 HANSELMANN ROAD
VICTORIA,TX77905
RISE R KONARIK ADMINISTRATO
40.00 		97,000 9,700 0
6245 SALEM ROAD
VICTORIA,TX77901
RACHEL F KLOTZMAN DIRECTOR
0.25 		0 0 0
2301 N WHEELER STREET
VICTORIA,TX77901
COURTLAND FRANKSON DIRECTOR
0.25 		0 0 0
305 SUMMERWIND
VICTORIA,TX77904
ISAMEL VARELA DIRECTOR
0.50 		0 0 0
1601 STAYTON AVENUE
VICTORIA,TX77901
JOE COHEN DIRECTOR
0.25 		0 0 0
6027 COUNTRY CLUB DRIVE
VICTORIA,TX77904
REV FRED HOBBS DIRECTOR
0.25 		0 0 0
1104 E BRAZOS
VICTORIA,TX77901
KATHY CONNALLY DIRECTOR
0.25 		0 0 0
466 FORDTRAN STORE ROAD
YOAKUM,TX77995
REV MICHAEL A KOEHLER DIRECTOR
0.25 		0 0 0
1501 N GLASS STREET
VICTORIA,TX77901
YVONNE ROSSMAN DIRECTOR
0.25 		0 0 0
307 LAGUNA DRIVE
VICTORIA,TX77904
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...................right arrow  
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
CHARLES SCHWAB (SATHER FINANCIAL) INVESTMENTS 69,930
120 E CONSTITUTION
VICTORIA,TX77904
Total number of others receiving over $50,000 for professional services.............right arrow  
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 PROVIDE SHELTER AND A FAMILY SURROUNDING FOR ORPHANED OR ABANDONED CHILDREN. 1,057,762
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
14,498,391
b
Average of monthly cash balances.......................
1b
867,000
c
Fair market value of all other assets (see instructions)................
1c
1,809,733
d
Total (add lines 1a, b, and c).........................
1d
17,175,124
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
17,175,124
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
257,627
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
16,917,497
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
845,875
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
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
632,708
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
632,708
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  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 632,708
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus 632,708
5 Excess distributions carryover applied to 2024.    
(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 5 632,708
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
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
235,719 295,322 239,873 222,645 993,559
b 85% (0.85) of line 2a ......... 200,361 251,024 203,892 189,248 844,525
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		632,708 562,880 605,937 609,057 2,410,582
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 .... 		632,708 562,880 605,937 609,057 2,410,582
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 .. 		563,917 463,746 508,501 544,159 2,080,323
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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
Total .................................right arrow 3a  
bApproved for future payment
Total ................................. right arrow 3b  
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
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 9,569  
4 Dividends and interest from securities ....     14 190,728  
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 .....     15 5,800  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 449,389 -1,176
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMISCELLANEOUS INCOME 		    16 2,599  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   658,085 -1,176
13Total. Add line 12, columns (b), (d), and (e)..................
13
656,909
(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.)
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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE BROWNSON HOME INC
 
Employer identification number

74-1237326
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE BROWNSON HOME INC
  		Employer identification number
74-1237326
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
COURTLAND FRANKSON
305 SUMMERWIND
 
VICTORIA, TX77904

$ 23,650


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
THE STORAGE PLACE
6001 HOLLY ROAD
 
CORPUS CHRISTI, TX78412

$ 21,150


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
BARBARA K WELDER PRIVATE FOUNDATION
PO BOX 1160
 
VICTORIA, TX77902

$ 200,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE BROWNSON HOME INC
  		Employer identification number

74-1237326
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE BROWNSON HOME INC
  		Employer identification number

74-1237326
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 7,650     7,650

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

TY 2024 DepreciationSchedule
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
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
LAND (APPROX. 55.4 ACRES REMAINING) 1975-01-01 4,058              
BUILDING ADDITIONS 1983-02-02 28,730 28,730 S/L 15.0000        
COTTAGE A 1998-11-13 360,930 232,908 S/L 39.0000 9,255      
COTTAGE B 2001-04-01 343,209 200,205 S/L 39.0000 8,800      
OFFICE RENOVATIONS 2003-03-01 119,650 119,650 S/L 20.0000        
4' CONCRETE SIDEWALKS 2004-02-19 7,303 7,303 S/L 15.0000        
FENCE 2004-03-16 4,200 4,200 S/L 15.0000        
167 FENCE 2004-05-07 1,750 1,750 S/L 15.0000        
FOUNDATION IMPROVEMENTS - COTTAGE A 2005-05-20 10,300 10,300 S/L 15.0000        
SIDEWALK AND PATIO EXTENSIONS 2006-10-31 5,550 5,550 S/L 15.0000        
DRIVEWAY WITH TURNAROUND 2006-01-01 3,321 3,321 S/L 15.0000        
LANDSCAPING 2006-12-01 3,741 3,741 S/L 15.0000        
FENCES 2009-12-30 12,520 11,755 S/L 15.0000 765      
FENCING 2011-10-05 10,550 9,143 S/L 15.0000 704      
FOUNDATION IMPROVEMENTS 2012-06-30 26,475 21,180 S/L 15.0000 1,765      
FLOORING- COTTAGE B 2012-08-22 13,449 13,449 S/L 7.0000        
FLOORING - COTTAGE A 2012-09-21 12,711 12,711 S/L 7.0000        
CEILING FANS & LIGHTING 2012-11-02 2,672 2,672 S/L 7.0000        
COTTAGE GUTTERS 2013-08-12 1,568 1,568 S/L 7.0000        
BOXSPRINGS - COTTAGE A 2014-03-10 2,490 2,490 S/L 7.0000        
3.5 TON A/C UNIT & DECK - COTTAGE A 2014-05-09 6,828 6,828 S/L 7.0000        
HOT WATER HEATER - COTTAGE B 2014-08-21 763 763 S/L 7.0000        
HOT WATER HEATER - COTTAGE A 2014-09-09 713 713 S/L 7.0000        
2 COTTAGE REFRIGERATORS 1 OF 2 2015-10-07 1,175 1,175 S/L 7.0000        
PLAYGROUND EQUIPMENT 2015-11-20 13,450 13,450 S/L 7.0000        
OUTDOOR RECREATION AREA 2016-10-31 46,369 33,232 S/L 10.0000 4,636      
2015 FORD TRANSIT 2016-08-22 20,186 20,186 S/L 5.0000        
SPRINKLERSYSTEM - OFFICE 2007-10-23 3,710 3,710 S/L 7.0000        
ROOF REPAIRS 2017-10-17 5,100 2,125 S/L 15.0000 340      
BIKE BUILDING 2017-11-14 3,278 1,348 S/L 15.0000 218      
SECURITY SYSTEM 2017-11-15 5,412 4,768 S/L 7.0000 644      
FLOORING 2017-11-14 2,170 1,912 S/L 7.0000 258      
1/2 FENCE 2018-03-08 6,250 5,208 S/L 7.0000 893      
WEB NETWORK 2018-06-27 3,554 2,793 S/L 7.0000 508      
CARPET ROOF 2018-10-05 2,500 1,875 S/L 7.0000 357      
DELL INSPIRON COMPUTER 2019-01-16 1,331 935 S/L 7.0000 190      
OUTSIDE COMPRESSOR - COTTAGE A 2019-05-01 1,800 1,200 S/L 7.0000 257      
SHOWER - COTTAGE A 2019-06-12 5,758 3,770 S/L 7.0000 823      
PORTABLE STORAGE BUILDING 2019-12-19 7,123 3,278 S/L 7.0000 549      
IMPROVEMENTS - COTTAGE B 2020-02-19 3,658 3,658 S/L 15.0000        
PORTABLE BUILDING IMPROVEMENTS 2020-03-25 14,908 14,908 S/L 15.0000        
CONDENSING UNIT - COTTAGE B 2020-06-17 3,000 3,000 S/L 15.0000        
REFRIGERATOR - COTTAGE B 2020-07-15 1,248 1,248 S/L 5.0000        
14 SEER A/C- COTTAGE B 2021-04-27 5,914 2,253 S/L 7.0000 845      
14 SEER A/C - COTTAGE A 2021-08-06 5,843 2,017 S/L 7.0000 835      
OFFICE FLOORING 2021-07-08 7,625 2,723 S/L 7.0000 1,089      
WHIRLPOOL FREEZER - COTTAGE B 2022-02-08 1,394 382 S/L 7.0000 199      
MAYTAG DRYER - COTTAGE B 2022-05-13 1,189 283 S/L 7.0000 170      
SOLAR SCREENS - COTTAGES A&B 2022-05-17 3,980 900 S/L 7.0000 569      
4 TON UNIT - COTTAGE B 2022-05-19 3,581 810 S/L 7.0000 512      
OFFICE COMPUTER (BARBARA) 2022-06-03 1,256 284 S/L 7.0000 179      
LAPTOP (MRS. RITCHIE) 2022-06-23 1,146 245 S/L 7.0000 164      
OFFICE COMPUTER (RISE) 2022-07-12 1,566 335 S/L 7.0000 224      
WASHING MACHINE - COTTAGE B 2022-10-03 1,429 255 S/L 7.0000 204      
2023 CHEVROLET TRAVERSE 2022-08-15 43,197 12,239 S/L 5.0000 8,640      
2023 CHEVROLET TRAVERSE 1GNER 2023-03-22 39,904 5,986 S/L 5.0000 7,980      
2024 KIA CARNIVAL KNDN8 2023-12-11 38,299 638 S/L 5.0000 7,660      
DELL LATITUDE 3420 LAPTOP 2023-01-30 1,295 237 S/L 5.0000 259      
OFFICE FURNITURE 2023-02-22 2,463 293 S/L 7.0000 352      
2 LEHI SECTIONAL SOFAS 2023-04-26 5,881 560 S/L 7.0000 840      
DELL LATITUDE 3420 LAPTOP 2023-05-24 1,271 148 S/L 5.0000 255      
5 TWIN MATTRESSES 2023-06-14 1,295 108 S/L 7.0000 185      
2.5 TON HVAC - COTTAGE B 2023-07-12 5,512 394 S/L 7.0000 787      
SPEED QUEEN DRYER - COTTAGE A 2023-09-20 1,434 51 S/L 7.0000 205      
OFFICE RENOVATIONS 2023-05-31 8,998 1,050 S/L 5.0000 1,799      
DELL LATITUDE 3420 LAPTOP 2023-09-20 1,754 88 S/L 5.0000 350      
SPEED QUEEN WASHER - COTTAGE A 2024-01-24 1,489   S/L 5.0000 273      
FOUNDATION LEVELING/REPAIR 2024-03-27 3,200   S/L 3.0000 800      
DELL LATITUDE 3540 LAPTOP 2024-05-22 1,137   S/L 2.0000 332      
MAYTAG DISHWASHER - COTTAGE B 2024-07-17 1,061   S/L 5.0000 88      
GUTTERS 2024-10-02 1,100   S/L 15.0000 18      
FRIGIDAIRE REFRIGERATOR - COTTAGE A 2024-10-23 1,902   S/L 5.0000 63      
FRIGIDAIRE RANGE - COTTAGE A 2024-10-23 1,241   S/L 5.0000 41      
FRIGIDAIRE REFRIGERATOR - COTTAGE B 2024-11-06 1,982   S/L 5.0000 66      
2 COTTAGE REFRIGERATORS 2 OF 2 2015-10-07 1,175 1,175 S/L 7.0000        

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
DELL INSPIRON COMPUTER 2019-01 PURCHASE 2024-12     1,331     -206 1,125
WASHING MACHINE - COTTAGE B 2022-10 PURCHASE 2024-12     1,429     -970 459
2 COTTAGE REFRIGERATORS 2 OF 2 2015-10 PURCHASE 2024-12     1,175       1,175

TY 2024 InvestmentsCorpStockSchedule
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS (SEE ATTACHMENT 1) 6,420,706 13,731,497

TY 2024 InvestmentsGovtObligationsSch
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
US Government Securities - End of Year Book Value:

650,924
US Government Securities - End of Year Fair Market Value:

658,308
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS (SEE ATTACHMENT 1) AT COST 858,652 706,297

TY 2024 LandEtcSchedule2
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COTTAGES 711,085 451,168 259,917 1,186,326
OFFICE ADDITIONS & RENOVATIONS 159,842 151,875 7,967 212,133
EQUIPMENT & IMPROVEMENTS 315,467 255,980 59,487 292,274
VEHICLES 141,585 63,329 78,256 119,000
LAND 4,058   4,058  


TY 2024 OtherExpensesSchedule
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
FOOD 46,199     46,199
SUPPLIES 25,027     25,027
HOUSEWARES 7,730     7,730
FUNCTIONS 9,991     9,991
MISCELLANEOUS 1,080     1,080
CLOTHING 9,396     9,396
ACTIVITIES 31,433     31,433
CHILDRENS GIFTS 5,263     5,263
STAFF GIFTS 2,000     2,000
CHILDRENS' VACATION 5,958     5,958
HIGHER EDUCATION 42,340     42,340
INDEPENDENT LIVING 1,295     1,295
MEDICAL AND DENTAL 6,526     6,526
FACILITY REPAIRS 16,263     16,263
MAINTENANCE 14,265     14,265
UTILITIES AND TELEPHONE 47,402     47,402
AUTO EXPENSE 9,944     9,944
WORKMENS COMPENSATION 1,725     1,725
MEDICAL INSURANCE 2,061     2,061
OTHER INSURANCE 38,377     38,377
AUTO INSURANCE 1,006     1,006
FINANCIAL MANAGEMENT 69,930 69,930    
TRAINING 6,287     6,287
MEMBERSHIP DUES 6,727     6,727
PRODUCTION TAXES 404 404    


TY 2024 OtherIncomeSchedule2
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OIL & GAS ROYALTIES 5,800 5,800 5,800
MISCELLANEOUS INCOME 2,599 2,599 2,599


TY 2024 OtherProfessionalFeesSchedule
Name:
THE BROWNSON HOME INC
EIN:
74-1237326
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT OTHER PROFESSIONAL FEES 247     148