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Nonprofiteer
← CARY BROWN FAMILY FOUNDATION

Form 990 for tax year 2022

Filed by CARY BROWN FAMILY FOUNDATION.

Totals

Total revenue
$1,831,229
Total expenses
$2,258,109
Contributions and grants received
$1,634,945
Grants paid
$2,148,276
Program service revenue
$0
Investment income
$196,284
Other revenue
$0
Total assets, end of year
$13,817,820
Total liabilities, end of year
$1,129,696
Net assets or fund balances, end of year
$12,688,124
Program services expenses (Part IX)
$2,216,304
Management and general expenses
$41,805
Fundraising expenses
$0
Program service expenses (Part III)
$2,216,304

Program services were 98.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $1,517,093

  • 1f · All other contributions, gifts and grants

    $117,852

  • 3 · Investment income

    total $156,027 · excluded $156,027

  • 7a · Gross sales of assets other than inventory

    securities $191,759

  • 7b · Less cost or other basis and sales expenses

    securities $151,502

  • 7c · Gain or loss

    securities $40,257

  • 7d · Net gain or loss

    total $40,257 · excluded $40,257

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,148,276 · program services $2,148,276

  • 11a · Fees: management

    total $45,680 · program services $45,680

  • 11c · Fees: accounting

    total $3,500 · management and general $3,500

  • 11f · Fees: investment management

    total $24,923 · management and general $24,923

  • 19 · Conferences, conventions and meetings

    total $8,952 · management and general $8,952

  • 22 · Depreciation, depletion and amortization

    total $22,348 · program services $22,348

  • 24a · Other expenses: LICENSES AND TAXES

    total $4,430 · management and general $4,430

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $93,696

  • 7 · Other notes and loans receivable

    beginning of year $7,500 · end of year $6,171

  • 10a · Land, buildings and equipment: cost or other basis

    $5,797,343

  • 10b · Land, buildings and equipment: accumulated depreciation

    $299,479

  • 10c · Land, buildings and equipment, net

    beginning of year $2,873,422 · end of year $5,497,864

  • 11 · Investments: publicly traded securities

    beginning of year $12,663,945 · end of year $7,880,881

  • 12 · Investments: other securities

    beginning of year $244,705 · end of year $299,208

  • 15 · Other assets

    beginning of year $40,000 · end of year $40,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $842,124 · end of year $1,129,696

  • 25 · Other liabilities

    beginning of year $381,731 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $14,605,717 · end of year $12,688,124

Mission and programs · 2022

Mission

SUPPORT THE PURPOSES OF CHRISTIAN COMMUNITY FOUNDATION, INC. D/B/A WATERSTONE.

  • THE FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT CHRISTIAN COMMUNITY FOUNDATION D/B/A WATERSTONE AND OTHER PUBLIC CHARITIES WHOSE WORK FURTHERS WATERSTONE'S PURPOSES BY RECEIVING AND MANAGING CHARITABLE CONTRIBUTIONS TO SUPPORT THOSE MINISTRIES.

    Expenses $2,216,304 · Grants $2,148,276

As filed on the 2022 return.

Listed in Part VII

  • John Mulder

    ASSISTANT TREASURER

    Total calculated
    $202,716
    From this org
    $0
    From related orgs
    $196,104
    Other
    $6,612
    Hours/week
    1 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $133,358 related
    Bonus
    $0 + $62,746 related
    Other
    $0
    Deferred
    $0 + $6,612 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $202,716 related

  • Chris Start

    TREASURER/ASSISTANT SECRETARY

    Total calculated
    $259,049
    From this org
    $0
    From related orgs
    $213,808
    Other
    $45,241
    Hours/week
    1 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $170,733 related
    Bonus
    $0 + $43,075 related
    Other
    $0
    Deferred
    $0 + $8,887 related
    Nontaxable benefits
    $0 + $38,131 related
    Filer's total
    $0 + $260,826 related

  • Cary Brown

    PRESIDENT/CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3:
THE FOUNDATION RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THESE METHODS TO ESTABLISH THE COMPENSATION OF OFFICERS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

    501(C)(3) · PROVIDE CHARITABLE GIVING SERVICES · TX

  • WATERSTONE SUPPORT FOUNDATION INC

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • NATIONAL FOUNDATION INC

    501(C)(3) · PROVIDE CHARITABLE GIVING SERVICES · MD

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • THE GENESIS FOUNDATION

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • JONNA AND JILL FOUNDATION INC

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · TX

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • MATTHEW 620 FOUNDATION

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · TX

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • ROUGH ACRES FOUNDATION

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • OC INTERNATIONAL SUPPORT FOUNDATION

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • ATA FOUNDATION INC

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • WATERSTONE SUPPORTING ORGANIZATION TRUST 1

    4947(A)(1) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · TX

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • WATERSTONE SUPPORTING ORGANIZATION TRUST 2

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · TX

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • OVERFLOW INC

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • MORIAH FOUNDATION

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • WATERSTONE REAL ESTATE FOUNDATION

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

  • HEXAGON FOUNDATION

    501(C)(3) · SUPPORT ACTIVITIES OF CHRISTIAN COMMUNITY FOUNDATION · CO

    Directly controlled by CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE

Provenance

Return type
form_990
Tax year
2022
Filed
23 October 2023
IRS schema version
2022v5.0
Source object
202302989349301495

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