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IKE AND CANDY BROWN FAMILYFOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
IKE AND CANDY BROWN FAMILYFOUNDATION (EIN 20-5265609)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-10
IRS object ID
201543149349100434
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-10T12:29:51-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752916196PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ZELDA COHEN HANTZ CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16905 NORWAY PLAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75230ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205265609EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IKE AND CANDY BROWN FAMILY FOUNDATIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIKEABusinessNameControlTxt
Phone2149871700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15430 PALOMARAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonIKE BROWNPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2149871700PhoneNum
Signature2015-11-12SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonZELDA COHEN HANTZ CPAPreparerPersonNm
PTINP00059660PTIN
Phone2149879718PhoneNum
Preparation2015-11-10PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,305,703FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,327InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,327InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$1,327InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$26,712DividendsRevAndExpnssAmt
Dividends Net Invst Incm$26,712DividendsNetInvstIncmAmt
Dividends Adj Net Incm$26,712DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$116,015NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$845,749GrossSalesPriceAmt
Total Rev And Expnss$144,054TotalRevAndExpnssAmt
Total Net Invst Incm$28,039TotalNetInvstIncmAmt
Total Adj Net Incm$28,039TotalAdjNetIncmAmt
Taxes Rev And Expnss$275TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$5,174OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$5,449TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$112,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$162,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$117,449TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$162,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$26,605ExcessRevenueOverExpensesAmt
Net Investment Income$28,039NetInvestmentIncomeAmt
Adjusted Net Income$28,039AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$65,288CashBOYAmt
Cash EOY$78,735CashEOYAmt
Cash EOYFMV$79,107CashEOYFMVAmt
Corporate Stock BOY$1,013,379CorporateStockBOYAmt
Corporate Stock EOY$1,010,211CorporateStockEOYAmt
Corporate Stock EOYFMV$1,091,262CorporateStockEOYFMVAmt
Corporate Bonds BOY$144,401CorporateBondsBOYAmt
Corporate Bonds EOY$143,501CorporateBondsEOYAmt
Corporate Bonds EOYFMV$135,334CorporateBondsEOYFMVAmt
Total Assets BOY$1,223,068TotalAssetsBOYAmt
Total Assets EOY$1,232,447TotalAssetsEOYAmt
Total Assets EOYFMV$1,305,703TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,223,068UnrestrictedBOYAmt
Unrestricted EOY$1,232,447UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,223,068TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,232,447TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,223,068TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,232,447TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,223,068TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$26,605ExcessRevenueOverExpensesAmt
Subtotal$1,249,673SubtotalAmt
Other Decreases$17,226OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,232,447TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$170,830AdjustedQlfyDistriYr1Amt
Adjusted Qlfy Distri Yr2$22,500AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$865,725NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.025990DistributionYr2Rt
Adjusted Qlfy Distri Yr3$34,647AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$481,665NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.071932DistributionYr3Rt
Adjusted Qlfy Distri Yr4$32,952AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$20,000AdjustedQlfyDistriYr5Amt
Total Distribution0.097922TotalDistributionRt
Average Distribution0.048961AverageDistributionRt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Net Investment Income Pct$280NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$280AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$162,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$280InvestmentIncomeExciseTaxAmt
Subtotal$280SubtotalAmt
Tax Based On Investment Income$280TaxBasedOnInvestmentIncomeAmt
Tax Due$280TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressNAWebsiteAddressTxt
Individual With BooksIKE BROWNIndividualWithBooksNm
Phone2149871700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15430 PALOMARAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonIKE BROWNPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15430 PALOMARAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd
FieldValueIRS element (for citing)
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos10.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$280TaxBasedOnInvestmentIncomeAmt
Total Tax$280TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$162,000ExpensesAndContributionsAmt
Qualifying Distributions$162,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$280PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$161,720AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$20,000ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$33,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$10,770ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$171,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$234,770TotalExcessDistributionCyovAmt
Qualifying Distributions$162,000QualifyingDistributionsAmt
Remaining Distri From Corpus$162,000RemainingDistriFromCorpusAmt
Total Corpus$396,770TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$20,000ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$376,770ExcessDistriCyovToNextYrAmt
Excess From Year4$33,000ExcessFromYear4Amt
Excess From Year3$10,770ExcessFromYear3Amt
Excess From Year1$171,000ExcessFromYear1Amt
Excess From Current Year$162,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonIKE AND CANDY BROWNRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15430 PALOMARAddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75229ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2146915106RecipientPhoneNum

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtRecipient RelationshipRecipientRelationshipTxt
SOCIAL VENTURE PARTNERS INTERNATION
10670 NORTH CENTRALEXPRESSWAY 512DALLASTX75231COMMUNITY SERVICE$1,000
BOSTON UNIVERSITY
1 SILBER WAYBOSTONMA02215EDUCATIONAL INSTITUTION$20,000CHARITY
IKE AND CANDY BROWN ENDOWMENT
7900 NORTHAVENDALLASTX75230EDUCATIONAL$5,000
UNIVERSITY OF TEXAS SOUTHWESTERN ME
5323 HARRY HINESDALLASTX75390MEDICAL$10,000
NATIONAL JEWISH HEALTH HOSPITAL
1400 JACKSONDENVERCO80206MEDICAL$66,000
MAYO CLINIC
200 1ST STREETROCHESTERMN55902MEDICAL RESEARCH$50,000
ROWAN UNIVERSITY
85 GIRARD ROADGLASSBORONJ08028EDUCATIONAL$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$162,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,327RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$26,712RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$116,015RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$144,054RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$144,054TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetMERRILL LYNCHAssetDesc
Acquired2012-02AcquiredDt
How AcquiredPURCHASEHowAcquiredTxt
Sold2014-12SoldDt
Gross Sales Price$845,749GrossSalesPriceAmt
Basis$729,734BasisAmt
Total Net$116,015TotalNetAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondBONDSBondNm
EOY Book Value$143,501EOYBookValueAmt
EOYFMV$135,334EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
EOY Book Value$1,010,211EOYBookValueAmt
EOYFMV$1,091,262EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSSESDesc
Amt$17,226Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK FEES$5,174

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXCategoryTxt
Amt$275Amt