Alvin I Brown & Peggy S Brown Family Charitable Foundation Inc
- Assets
- $11.1m
- Revenue
- $451.4k
- Investments
- $10.4m
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 06/1963
- Data as of
- 03/2024
- EIN
- 52-6041735
Organization Overview
Alvin I Brown & Peggy S Brown Family Charitable Foundation Inc is located in Bethesda, MD. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alvin I Brown & Peggy S Brown Family Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Alvin I Brown & Peggy S Brown Family Charitable Foundation Inc generated $451.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $1.8m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Alvin I Brown & Peggy S Brown Family Charitable Foundation Inc has awarded 215 individual grants totaling $7,025,534. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia A Brown President | 3 | $0 | |
Donna L Brown Treasurer | 3 | $0 | |
Laura Cat Engel-Brown Secretary | 3 | $0 | |
Gabriel Gunther-Brown Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23,565 |
| Dividends & Interest | $273,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $148,042 |
| Capital Gain Net Income | $148,042 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,983 |
| Total Revenue | $451,411 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $45 |
| Taxes | $34,077 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,095 |
| Total operating and administrative expenses | $178,217 |
| Contributions, gifts, grants paid | $1,593,330 |
| Total expenses and disbursements | $1,771,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,145 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,720 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,596,566 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,028 |
| Total assets | $11,070,717 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Alvin I Brown & Peggy S Brown Family Charitable Foundation Inc has awarded $1,593,330 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU PURPOSE: CHARITY | $20,000 |
AIZHEIMERS' FOUNDATION PURPOSE: CHARITY | $1,000 |
BLUE SKYE FOUNDATION PURPOSE: CHARITY | $250,000 |
B'NAI ISRAEL CONGREGATION PURPOSE: CHARITY | $3,530 |
BREAST CANCER RESEARCH PURPOSE: CHARITY | $700 |
CHILDRENS' DEFENSE FUND PURPOSE: CHARITY | $200 |