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Nonprofiteer
← THE BROOKWOOD ENDOWMENT INC

Form 990 for tax year 2023

Filed by THE BROOKWOOD ENDOWMENT INC.

Totals

Total revenue
$6,519,378
Total expenses
$969,563
Contributions and grants received
$0
Grants paid
$940,191
Program service revenue
$0
Investment income
$6,519,378
Other revenue
$0
Total assets, end of year
$113,290,278
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$113,290,278
Program services expenses (Part IX)
$940,191
Management and general expenses
$29,372
Fundraising expenses
$0
Program service expenses (Part III)
$940,191

Program services were 97.0% 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.

  • 3 · Investment income

    total $4,758,085 · excluded $4,758,085

  • 7a · Gross sales of assets other than inventory

    securities $11,136,259

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

    securities $9,374,966

  • 7c · Gain or loss

    securities $1,761,293

  • 7d · Net gain or loss

    total $1,761,293 · excluded $1,761,293

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $940,191 · program services $940,191

  • 11f · Fees: investment management

    total $29,372 · management and general $29,372

Balance sheet

Part X, book values.

  • 11 · Investments: publicly traded securities

    beginning of year $86,985,854 · end of year $102,853,081

  • 12 · Investments: other securities

    beginning of year $10,646,980 · end of year $10,437,197

  • 27 · Net assets without donor restrictions

    beginning of year $52,785,026 · end of year $64,381,747

  • 28 · Net assets with donor restrictions

    beginning of year $44,847,808 · end of year $48,908,531

Mission and programs · 2023

Mission

Support The Brookwood Community, Inc. and The Briarwood School.

  • The Brookwood Endowment, Inc. is organized to support the charitable, educational, scientific and/or religious purposes and activities of, The Brookwood Community, Inc. and The Briarwood School.

    Expenses $940,191 · Grants $940,191

As filed on the 2023 return.

Listed in Part VII

  • Brad Tucker

    Chair

    Total calculated
    $0
    Hours/week
    1 + 6.75 related

  • Vita Goodell

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 4 related

  • Peggy McGaughy

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • John Scales

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 2 related

  • Vivian Shudde

    Director

    Total calculated
    $211,357
    From this org
    $0
    From related orgs
    $186,979
    Other
    $24,378
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $186,979 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,349 related
    Nontaxable benefits
    $0 + $15,029 related
    Filer's total
    $0 + $211,357 related

  • Nicholas Shum

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Yvonne Streit

    Director

    Total calculated
    $124,738
    From this org
    $0
    From related orgs
    $118,798
    Other
    $5,940
    Hours/week
    0.5 + 40 related

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)

Part I, Line 3
The Compensation Committee of the Brookwood Community's Board of Directors determines compensation for Vivian Shudde, Executive Director of The Brookwood Community. The Compensation Committee uses an Executive Salary Survey. The survey includes local area non-profits and selects similar organizations nationwide.

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
10 June 2025
IRS schema version
2023v6.0
Source object
202521619349300947

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