BrookeFamilyFoundatation 990 2014

0.99 MB·English

EXTENDED TO NOVEMBER 16, 2015
Return of Private Foundation OMBNo 1545-0052
Form 990-PF
orSection4947(a)(1)TrustTreatedasPrivateFoundation 2014
DepartmentoftheTreasury >Donotentersocialsecuritynumbersonthisformasrtmaybemadepublic.
InternalRevenueServrce >InformationaboutForm990-PFanditsse arateinstructionsisat
Forcalendaryear2014ortaxyearbeginning ,andendin g
Nameoffoundation A Employeridentilicationnumber
BROOKE FAMILY FOUNDATION 27-0373823
Numberandstreet(orP0 boxnumberifmailisnotdeliveredtostreetaddress) Room/suite B Telephonenumber
4325 ALTAMONT ROAD 205-987-5612
Cityortown,stateorprovmce,country,andZIPorforeignpostalcode c Ifexemptionapplicationispending,checkhere >I_l
BIRMINGHAM, AL 35213
6 Checkallthatapply. Ll Initialreturn [_I Initialreturnofaformerpubliccharity D 1.Foreignorganizations,checkhere DE
[1' Finalreturn E] Amendedreturn
E Addresschange [3 Namechange 2'Etmtmtfititimgfetttsgt "m DE
H Checktypeoforganization; LL] Section501(c)(3)exemptprivatefoundation E Ifprivatefoundationstatuswasterminated
'3 Section4947(a)(1)nonexemptcharitabletrust II] Othertaxableprivatefoundation undersection507(b)(1)(A),checkhere DE
l Fairmarketvalueofallassetsatendofyear J Accountingmethod; [2U Cash I_l Accrual F Itthefoundationisma60-monthtermination
(fromPartII, col (c),line 16) III Other(speCIfy) undersection507(b)(1)(B),checkhere bm

>35 2 , 357 , 624 . (Part/, column(d)mustbeoncashbasrs)
I Part IIAnalysisofRevenueandExpenses (a)Revenueand (b)NetInvestment (c)Adjustednet (d)D'Sbummem
massages$533.22(53152.3(???)"1mm expensesperbooks Income Income 'omhamab'epmpom
(trashbasisonly)
I Contributions,gifts,grants,etc.,received 3 , 800 . N/A
- ChmF. itthefoundationISnotrecurredtoattachSch B
510 th Icnatsehreistnvoenstsmaevnttnsgsandtemporary
2 u DiVidendsandinterestfromsecurities 49 , 248 . 49 , 248 . STATEMENT 1
6 5a Grossrents
A
1 [3 Netrentalincomeor(loss) It4 5
V 63b iNetgsainosr(louss)treomsalea tas1set,s0not5o3nli.ne51083. <134 I 775 o> 4l 4K7eLrV2'Vt/qu1xw
O ue
N n
C Reve 78 CNaeptitsahlogratin-tneetrminccaopmieta(lf rgoamiPnartIV,line2) 0 /ASH NOV 1 nDr0 5 .1a;
E 9 Incomemodifications hit 5/
N Grosssaleslessreturns
N 103 andallowances
A 0 Less Costofgoodssold TAVG! 0
C c Grossprofitor(loss) V
S 11 Otherincome
12 Total.AddIinestthrough11 <81,727.> 49,248.

13 Compensationofofficers.directors,trustees,etc 0 o 0 e 0 e
14 Otheremployeesalariesandwages
15 Pen3ionplans,employeebenefits
se 163 Legaltees
s
n bAccountingfees STMT 2 3,800. 1,900. 1,900.
e
px c Otherprofesswnalfees STMT 3 25 , 228 . 25 , 228 . 0 .
E
e 17 Interest
v
it 18 Taxes STMT 4 664. 664. 0.
a
r
t 19 DepreCIationanddepletion
s
i
n 20 Occupancy
i
m
dA 21 Travel,conferences,andmeetings
dn 22 Printingandpublications
a
g 23 Otherexpenses
n
it 24 Totaloperatingandadministrative
a
r expenses.AddIines13through23 29,692 . 27 , 792. 1 ,900 .
e
pO 25 Contributions,gifts,grantspaid 800 , 000 . 800 , 000 .
26 Totalexpensesanddisbursements.
Addlines24and25 829,692. 27,792. 801,900.
27 Subtractline26fromline 12;
e Excessofrevenueoverexpensesanddisbursements <911 I 419 o >
b Netinvestmentincomemnegative.enter-0-) 2l , 456 . %)
c Adjustednetincome(Ifnegative.enter-o-) N/A
11.24 .14 LHA ForPaperworkReductionActNotice,seeinstructions. Form990-PF(2014) b
Form990-PF(2014) BROOKE FAMILY FOUNDATION 27-0373823 Page2
Balance Sheets AttachedschedulesandamountsInthedescnphon Beginningofyear Endofyear
columnshouldbeforendol-yearamountsonly (a)BookValue (b)BookValue (c)FairMarketValue
1 Cash-non-Interest-beanng
2 SavrngsandtemporarycashInvestments 83,699. 62,656. 62,656.
3 Accountsreceivableb
Less;allowancefordou btfulaccounts P
4 Pledgesrecelvable b
Less;allowancefordou btfulaccounts b
5 Grantsrecelvable
6 Receivablesduefromofflcers,directors,trustees,andother
dlsqualltledpersons
7 OthernotesandIoansrecewable 7
Less;allowancefordoubtfulaccounts D
s 8 lnventonesforsaleoruse
t
se 9 Prepaldexpensesanddeferredcharges
s
A 10a Investments-US.andstategovernmentobligations
b Investments-corporatestock STMT 5 1,272,173. 1,030,485. 1,463,530.
I; Investments-corporatebonds
11 Investments-land.bulldlngs,andequlpmentbaSIS >
LessaccumulateddepreCIahon >
12 Investments-mortgageloans
13 Investments-other STMT 6 2,500,292. 1,851,624. 831,438.
14 Land,bunldlngs,andequrpmentbasrs b
Lessaccumulateddepremahon b
15 Otherassets(descnbeb
16 Totalassets(tobecompl etedbyallfilers-seethe
Instructions.Also,seepage 1,ItemI) 3,856,164. 2,944,765. 2,357,624.
17 Accountspayableandaccruedexpenses
18 Grantspayable
s 19 Deferredrevenue
e
iti 20 Loansfromofficers,directors,trustees,andotherdisqualmedpersons
bil 21 Mortgagesandothernotespayable
a
Li 22 OtherlIabIIItIes(descnbe b

23 Totalliabilities(addlines 17through22) 0. O.
FoundationsthatfollowSFAS 117,checkhere MIX]
andcompletelines24through26andlines30and31.
es 24 Unrestricted 3,856,164. 2,944,765.
c
an 25 Temporarllyrestncted
l
Ba 26 Permanentlyrestrlcted
nd FoundationsthatdonotfollowSFAS117,checkhete >E
u
F andcompletelines27through31.
r
o 27 Capitalstock,trustprInCIpal,orcurrentfunds
s
et 28 Paid-Inorcapitalsurplus,orland,bldg.,andequmentfund
s
As 29 Retalnedearnlngs,accumulatedIncome,endowment,orotherfunds
et 30 Totalnet388918orfundbalances 3,856,164. 2,944,765.
N

31 Totalliabilitiesandnetassets/fundbalances 3,856,164. 2,944,765.

Analysis of Changes in NetAssets or Fund Balances
1 Totalnetassetsorfundbalancesatbeginningofyear-PartII,column(a),line30
(mustagreewuthend-oI-yearfigurereportedonpooryear'sreturn) 1 3 , 856 , 164 .
2 EnteramountfromPartI,line27a 2 <911 , 419 .>
3 OtherIncreasesnotIncludedInlIne2(Itemize) b UNREALIZED GAIN/LOSS 3 20 .

4 Addllnes1.2,and3 4 2,944,765.
5 DecreasesnotIncludedInllne2(Itemlze) b 5 0 .
6 Totalnetassetsorfundbalancesatendofyear (line4mlnusline5)-PartII,column(b),line30 6 2 , 944 , 765 .
Form990-PF(2014)
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Form990-PF(2014) BROOKE FAMILY FOUNDATION 27-0373823 Page3
I Part IV] Capital Gains and LossesforTax on Investment Income
(a)umanddescnbethekInd(s)ofpropertysold(e.g.,realestate, (byfognfcctgaus'ged (c)Dateacqutred (11)Datesold
2-storybrIckwarehouse;orcommonstock,200shs.MLC00.) D_Donation (1110-.day,YE) (mo-xday,YR)
1a
I) SEE ATTACHED STATEMENTS

c
d
e
(t)Deprecratlonallowed (9)CostorotherbaSlS (h)GaInor(loss)
(e)Grosssalesmm (orallowable) plusexpenseofsale (e)plus(I)minus(9)
a
b
c
d
e 1,053,583. 1,188,358. <134,775.>
CompleteonlyforassetsshowmgmmIncolumn(h)andownedbythefoundatlonon 12/31/69 (I)GaIns(Col.(h)gaInmInus
_ (1.)AdjustedbaSIs (II)Excessofcol.(I) 00'.('0'bl""0tlessthan-O-)or
(I)FWMVas0112/31/69 asof12/31/69 overC01.(DuIfany Losses("OmC01.(11))
a
b
c
d
e <134 , 775 .>

ItgaIn,alsoenterInPartI,Me7
2 CapItaIgaInnetIncomeor(netcapItaIloss) It(loss),enter-0-InPartI,Me7 2 <134 I 775 .>

3 Netshort-termcapItalmmor(loss)asdefInedInsectlons 1222(5)and(6)2
IfgaIn,alsoenterInPanI,We8,column(c).
It loss enter-0-InPartI,Me8 3 N/A
art ua I I catIon UnderSectlon 4940(e) for ReducedTax on Net Investment Income
(ForoptIonalusebydomestIcpnvatefoundatlonssubIecttotheseam4940(a)taxonnetInvestmentIncome.)
IfsectIon4940(d)(2)applIes,leavethIspartblank.
Wasthefoundatlon"ableforthesectlon4942taxonthedIstrIbutableamountofanyyearInthebaseperIod'7 D Yes [X] No
If'Yes,"thetoundatIondoesnotqualIfyundersecIIon4940(9).DonotcompletethIspart
1 EntertheapproprIateamountIneachcolumnforeachyear;seetheInstructlonsbeforemaklnganyentrles.
(a) (b) (c) (a)
CalendarygisFOnggegagggmmngIn) AdlustedqualllylngdIstrIbutIons NetvalueofnoncharItable-useassets (col.g'fgi3,%%%"b'yatc'81_(Q)
2013 840,843. 3,312,079. .253872
2012 770,314. 3,962,650. .194394

2011 491,950. 4,956,075. .099262
2010 1,402,733. 6,539,192. .214512
2009 2,932. 5,980,517. .000490

2 TotalofMe 1,column(d) 2 . 762530
3 AveragedIstrIbutIonwhoforthe5-yearbaseperIod-mmthetotalonMe2by5,orbythenumberofyears
theloundatIonhasbeenIneXIstenceIflessthan5years 3 . 152506

4 EnterthenetvalueofnoncharItabIe-useassetsfor2014fromPartX,Me5 4 2 , 890 , 021 .

5 MultIplyIIne4byIIne3 5 440 , 746 .

6 Enter1%ofnetInvestmentIncome(1%ofPartI,IIne27b) 6 215 .

7 AddlmesSandS 7 440,961.

8 EnterqualIlyIngdIstrIbutIonsfromPartXII,Me4 8 801 , 900 .

IIMe8IsequaltoorgreaterthanMe7,checktheboxInPanVI,lIne 1b,andcompletethatpartusmga 1%taxrate.
SeethePanVIInstructlons.
Form990-PF(2014)
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Form990-PF(2014) BROOKE FAMILY FOUNDATION 27-0373823 Page4
[git Vlf ExciseTax Based on Investment Income (Section 4940M, 4940(b), 4940(e), or4945 - see instructions)
1a ExemptoperatingfoundationsdescribedInsection4940(d)(2),checkhere DI_l andenter'N/A'online 1.
Dateofrulingordeterminationletter; (attachcopyofletterifnecessary-seeinstructions)
b Domesticfoundationsthatmeetthesection4940(e)requnementsInPartV,checkhere b'1] andenter 1% 1 215.
ofPartI,line27b
c Allotherdomesticfoundationsenter2%oflIne27b.Exemptforeignorganizationsenter4%ofPartI,line 12,col.(b).
0.
N Taxundersection511(domesticsection4947(a)(1)trustsandtaxablefoundationsonly.Othersenter-0-) 0
W Addlines1and2 ' 215 .
3
# SubtitleA(income)tax(domesticsection4947(a)(1)trustsandtaxablefoundationsonly.Othersenter-0-) 0 0.
UI Taxbasedoninvestmentincome.Subtractline4fromline3.Ifzeroorless,enter-0- 0& 215.
Q Credits/Payments;

a 2014estimatedtaxpaymentsand2013overpaymentcreditedto2014 6a 2 , 872 .
b Exemptforeignorganizations-taxWithheldatsource 6b
c TaxpaidWithapplicationforexten5ionoftimetofile(Form8868) Go
d BackupWithholdingerroneouslyWithheld 6d
I Totalcreditsandpayments.Addlines6athrough6d 7 2,872.
QN EnteranypenaltyforunderpaymentofestimatedtaxCheckhere[I] IfForm2220ISattached 8
(O Taxdue.Ifthetotaloflines5and8Ismorethanline7,enter amountowed b 9
10 Overpayment.Ifline7ismorethanthetotaloflines5and8,entertheamountoverpaid b 10 2,657.
11 Ente_rrtheamountofline 10tobe;Creditedto2015estimatedtax b 2 , 657 .IRefundedb 11
[TsartVII-A [ Statements Regarding Activities

1a Duringthetaxyear,didthefoundationattempttoInfluenceanynational,state,orlocallegislationordiditpaItICIpateorInterveneIn Yes
anypoliticalcampaign? 1a
I) Diditspendmorethan$100duringtheyear(eitherdirectlyorindirectly)forpoliticalpurposes(seeinstructionsforthedefinition)? 1b
IftheanswerIs "Yes"to1aor1b-attachadetaileddescriptionoftheactiwtiesandcopiesofanymaterialspublishedor
distributedbythefoundationInconnectionWiththeact/Vities
c Didthefoundationfile Form 1120-POLforthisyear? 1c
It Entertheamount(Ifany)oftaxonpoliticalexpenditures(section4955)Imposedduringtheyear;
(1) Onthefoundation. b $ 0 . (2) 0nfoundationmanagers.b $ 0 .
e Enterthereimbursement(ifany)paidbythefoundationduringtheyearforpoliticalexpendituretaxImposedonfoundation
managers.) $ 0 .
2 HasthefoundationengagedInanyactivmesthathavenotpreVIouslybeenreportedtotheIRS?
If'Yes,'attachadetaileddescriptionoftheact/Vities
3 Hasthefoundationmadeanychanges,notpreVIouslyreportedtotheIRS,initsgoverninginstrument,articlesofincorporation,or
bylaws,orotherSimilarinstruments?If'Yes,"attachaconformedcopyofthechanges M
4a DidthefoundationhaveunrelatedbusmessgrossIncomeof$1,000ormoreduringtheyear? 4a N
b If'Yes,'hasItfiledataxreturnon Form990-Tforthisyear? N/A 4b

5 Wastherealiqmdation,termination,dissolution,orsubstantialcontractionduringtheyear?
If'Yes,'attachthestatementreqwredbyGeneralInstructionT
6 Aretherequuementsofsection508(e)(relatingtosections4941through4945)satisfiedeither;
0Bylanguageinthegoverninginstrument,or
0BystatelegislationthateffectivelyamendsthegoverninginstrumentsothatnomandatorydirectionsthatconflictWiththestatelaw
remainInthegoverninginstrument?
7 Didthefoundationhaveatleast$5,000inassetsatanytimeduringtheyear?If'Yes,'completePartII, col (c),andPartXV

8a EnterthestatestowhichthefoundationreportsorWithwhichitIsregistered(seeinstructions) D
AL
b Iftheansweris'Yes'toline7,hasthefoundationfurnishedacopyofForm990-PFtotheAttorneyGeneral(orde5ignate)
ofeachstateasreqUIredbyGeneralInstructionG7If'No,'attachexplanation 8!)
9 IsthefoundationclaimingstatusasaprivateoperatingfoundationWithinthemeaningofsection4942(I)(3)or4942())(5)forcalendar
year2014orthetaxableyearbeginningin2014(seeinstructionsforPartXIV)?If'Yes,'completePartXIV X
10 DidanypersonsbecomeSubstantialcontributorsduringthetaxyear?it'Yes,'attachaschedulelistingtheirnamesandaddresses 10 X
Form990-PF(2014)
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Form990-PF(2014) BROOKE FAMILY FOUNDATION 27-0373823 Pige5
[grtVII-A [Statements Regarding Activities(continuecv
11 Atanytimeduringtheyear,didthefoundation,directlyorindirectly,ownacontrolledentityWithinthemeaningof
section512(b)(13)9If'Yes,'attachschedule(seeinstructions) 11
12 DidthefoundationmakeadistributiontoadonoradVIsedfundoverwhichthefoundationoradisqualifiedpersonhadadvrsorypriVilege57
I If'Yes,'attachstatement(seeinstructions) 12
, 13 DidthefoundationcomplyWiththepublicinspectionrequrrementsforitsannualreturnsandexemptionapplication? 13 X
WebSiteaddress > N/A
14 Thebooksareincare of b WILLIAM W. BROOKE Telephone no.>205-987-56l2
Locatedat b 2100 TH IRD AVENUE NORTH, SUITE 600 , BIRMINGHAM, A ZIP+4 >35203
15 Section4947(a) (1)nonexemptcharitabletrustsfilingForm990-PFinlieuofForm1041-Checkhere D
andentertheamountoftax-exemptinterestreceivedoraccruedduringtheyear Fl 15 I N/A
16 Atanytimeduringcalendaryear2014,didthefoundationhaveaninterestinoraSignatureorotherauthorityoverabank, Yes No
securities,orotherfrnancralaccountinaforeigncountry? 16 X
SeetheinstructionsforexceptionsandfilingrequrrementsforFinCENForm 114,(formerlyTDF90-221).If'Yes,'enterthenameofthe
foreigncountry 5 r _ t
I Part VI I-B [Statements Regarding ActivitiesforWhich Form 4720 May Be Required
FileForm4720ifanyitemischeckedinthe"Yes"column,unlessanexceptionapplies. Yes NO
, 1a Duringtheyeardidthefoundation(eitherdirectlyorindirectly);
I (1) Engageinthesaleorexchange,orIeasrngofpropertyWithadisqualifiedperson? 13 Yes LXI No
1 (2) Borrowmoneyfrom,lendmoneyto,orotherwrseextendcreditto(oracceptitfrom)
adisqualifiedperson? El Yes IE No
(3) Furnishgoods,servrces,orfacilitiesto(oracceptthemfrom)adisqualifiedperson? C] Yes [X] No
(4) Paycompensationto,orpayorreimbursetheexpensesof,adisqualifiedperson? E] Yes IE No
(5) Transferanyincomeorassetstoadisqualifiedperson(ormakeanyofeitheravailable
forthebenefitoruseofadisqualifiedperson)? E] Yes IX. No
(6) Agreetopaymoneyorpropertytoagovernmentofticral'7(Exception Check'No'
ifthefoundationagreedtomakeagranttoortoemploytheoffrcralforaperiodafter
) terminationofgovernmentservrce,ifterminatingWithin90days.) E] Yes [X] No
( b Ifanyansweris'Yes'to 1a(1)-(6),did anyoftheactsfailtoqualifyundertheexceptionsdescribedinRegulations
I section53.4941(d)-3orinacurrentnoticeregardingdisasterassrstance(seeinstructions)? N/A 1b
1 Organizationsrelyingonacurrentnoticeregardingdisastera35istancecheckhere D[I]
c Didthefoundationengageinaprioryearinanyoftheactsdescribedin 13,otherthanexceptedacts,thatwerenotcorrected

beforethefirstdayofthetaxyearbeginningin2014'? to X
2 Taxesonfailuretodistributeincome(section4942)(doesnotapplyforyearsthefoundationwasaprivateoperatingfoundation
definedinsection4942(i)(3)or4942(i)(5)).
aAttheendoftaxyear2014,didthefoundationhaveanyundistributedincome(lines6dandBe,PartXIII)fortaxyear(s)beginning
before20149 III Yes IX] No
If"Yes,"listtheyearsb , , ,
b Arethereanyyearslistedin2aforwhichthefoundationis notapplyingtheprovrsronsofsection4942(a)(2)(relatingtoincorrect
valuationofassets)totheyearsundistributedincome?(Ifapplyingsection4942(a)(2)to allyearslisted,answer'No"andattach
statement-seeinstructions.) N/A 2b
c Iftheprowsronsofsection4942(a)(2)arebeingappliedto anyoftheyearslistedin2a,listtheyearshere.
> , , .
311 Did thefoundationholdmorethana2%directorindirectinterestinanybusrnessenterpriseatanytime
duringtheyear? E] Yes IE No
b If'Yes,'didithaveexcessbusrnessholdingsin2014asaresultof(1)anypurchasebythefoundationordisqualifiedpersonsafter
May26, 1969;(2)thelapseofthe5-yearperiod(orlongerperiodapprovedbytheCommissmnerundersection4943(c)(7))todispose
ofholdingsacqurredbygiftorbequestor(3)thelapseofthe 10-, 15-,or20-yearfirstphaseholdingperiod?(UseScheduleC,
Form4720, todetermineifthefoundationhadexcessbusrnessholdingsin2014) N/A 31)
4a Didthefoundationinvestduringtheyearanyamountinamannerthatwouldjeopardizeitscharitablepurposes? 4a X
b Didthefoundationmakeanyinvestmentinaprioryear(butafterDecember31, 1969)thatcouldJeopardizeitscharitablepurposethat
hadnotbeenremovedfromieopardybeforethefirstdayofthetaxyearbeginningin20149 4b X
Form990-PF(2014)
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l I
Form990-PF(2014) BROOKE FAMILY FOUNDA'_I'ION 27-0373823 Page6
Part VII-B Statements Regardi ng ActivitiesforWhich Form 4720 May Be Required(continued)
5a Duringtheyeardidthefoundationpayorincuranyamountto;
(1) Carryonpropaganda,orotherwmeattempttoInfluencelegislation(section4945(e))'7 [I] Yes No
(2) Influencetheoutcomeofanyspecmcpublicelection(seesection4955);ortocarryon,directlyorindirectly,
anyvoterregistrationdrive? II] Yes IX] No
(3) Prowdeagranttoanindivrdualfortravel,study,orotherSimilarpurposes? '3 Yes IX] No
(4) Prowdeagranttoanorganizationotherthanacharitable,etc.,organizationdescribedinsection
4945(d)(4)(A)7(seeinstructions) [2] Yes [X] No
(5) Prowdeforanypurposeotherthanreligious,charitable,seientific,literary,oreducationalpurposes,orfor
thepreventionofcrueltytochildrenoranimals? El Yes '1' No
b Ifanyansweris'Yes'to5a(1)-(5),did anyofthetransactionsfailtoqualifyundertheexceptionsdescribedinRegulations
section53.4945orinacurrentnoticeregardingdisastera55istance(seeinstructions)? N/A 5b

OrganizationsrelyingonacurrentnoticeregardingdisasteraSSistancecheckhere >El
c Iftheansweris'Yes'toquestion5a(4),doesthefoundationclaimexemptionfromthetaxbecauseitmaintained
expenditurerespon5ibilityforthegrant? N/A E] Yes El No
If"Yes,'attachthestatementreqwredbyRegulationssection534945-5(d)
6a Didthefoundation,duringtheyear,receiveanyfunds,directlyorindirectly,topaypremiumson
apersonalbenefitcontract? El Yes No
b Didthefoundation,duringtheyear,paypremiums,directlyorindirectly,onapersonalbenefitcontract? 6'3 X
If"Yes"to6b, fileForm8870
7aAtanytimeduringthetaxyear,wasthefoundationapartytoaprohibitedtaxsheltertransaction? D Yes '1' No
b If'Yes,'didthefoundationreceiveanyproceedsorhaveanynetincomeattributabletothetransaction? N/A 7D
I PartVIII I lnfonnation About Officers, Directors, Trustees, Foundation Managers, Highly
Paid Employees, and Contractors
1 Listallofficers,directors,trustees,foundationmanagersandtheircompensation.

h(b)Title,andkageraged (It t Congigrgeihgrgggs
(a)Nameandaddress ourspteorpwoeSem0nevoe enntoer , deterred
I o
R
otherthan includedonline 1 none,enter
(b)Title,andaverage Contnbubonslo
(a)Nameandaddressofeachemployeepaidmorethan$50,000 hoursperweek (c)Compensation dbeetgrerlgldmans
devotedtoposmon
N
numberofother

Form990-PF(2014)
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Form990-PF 2014) BROOKE FAMILY FOUNDATION 27-0373823 Page 7
I Part VIII I lnfonnation About Officers, Directors, Trustees, Foundation Managers, Highly
Paid Employees, and Contractors(continued)
3 Fivehighest-paidindependentcontractorsforprofessionalservices. Ifnone,enter"NONE."
(a) person more (b)Typeofservrce
numberofothers over for serVIces
- mary
Listthefoundation'sfourlargestdirectcharitableactlvrtlesdunngthetaxyear.IncluderelevantstatlstlcalInformationsuchasthe Expenses
numberoforganizationsandotherbenefICIarIesserved,conferencesconvened.researchpapersproduced,etc.
1

Related Investments
Investments taxyearon
Allotherprogram-relatedInvestments.SeeInstructlons.
3
b .
Form990-PF(2014)
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11-24-14
Form990-PF(2014) BROOKE FAMILY FOUNDATION 27-0373823 Pages
lPartX]
MiNimum lnveStment Return(AlldomestIcfoundatronsmustcompletethrspart ForeIgntoundatrons,seeInstructlons)
1 Fanmarketvalueofassetsnotused(orheldforuse)directlyIncarryIngoutcharItabIe,etc.,purposest
a AveragemonthlytarrmarketvalueofsecurItIes 1a 1 , 820 , 689 .
b Averageofmonthlycashbalances 1b 240 , 266 .
c FaIrmarketvalueofallotherassets 1c 873 , 076 .
d Total(addIInes 1a,b,andc) 1d 2 , 934 , O31 .
e ReductloncIaImedtorblockageorothertactorsreportedonIInes 1aand
10(attachdetaIIedexplanatron) I 1e I 0 .
2 AcqursrtIonIndebtednessapplrcabletoMe 1assets 2 0 .
3 SubtractIIne2fromIIne 1d 3 2 , 934 , 031 .

4 CashdeemedheldforcharitableactIvrtIes.Enter 1 1/2%ofMe3(forgreateramount,seeInstructIons) 4 44 , 010 -
5 NetvalueofnoncharitabIe-useassets SubtractMe4from"m3.EnterhereandonPartV,Ime4 5 2 , 890 , 021 .
6 Minimuminvestmentreturn.Enter5%ofMe5 6 144 , 501 .
I Pa rt XI I DistributableAmount(seeInstructlons)(SectIon4942(I)(3)and(0(5)prIvateoperatrngtoundatronsandcertaIn
toreIgnorganIzatIonscheckhere > I2] anddonotcompletethIspart)
1 MInImumInvestmentreturnfromPartX,We6 1 144 , 501 .
2a TaxonInvestmentIncomefor2014fromPartVI,lIne5 2a 215 .
b Incometaxfor2014.(ThIsdoesnotIncludethetaxfromPartVI.) 2b
c AddlInes2aand2b 2c 215 .
3 DIstrIbutabIeamountbeforeadlustments.SubtractIIne2cfromMe 1 3 144 , 286 .
4 RecoveriesofamountstreatedasqualifyIngdIstrIbutIons 4 0 .
5 AddIInes3and4 5 144,286.
6 DeductIonfromdIstrIbutableamount(seeInstructions) 6 0 .
7 Distributableamountasadjusted.SubtractIIne61romMe5.EnterhereandonPartXIII,Me 1 7 144 , 286 .

Ml Qualifying Distributions(seeInstructlons)
1 AmountspaId(IncludIngadmrnIstratIveexpenses)toaccomplishcharItabIe,etc.,purposes;
a Expenses,contrIbutIons,gifts,etc.-totaltromPartI,column(d),Me26 1a 801 , 900 .
b Program-relatedInvestments-totalfromPartIX-B 1b 0 .
2 AmountspaIdtoacqurreassetsused(orheldforuse)dIrectIyIncarryrngoutcharItabIe,etc.,purposes 2
3 AmountssetasrdeforspecrtlccharItabIeprotectsthatsatIsfythez
a SurtabIIItytest(prIorIRSapprovalrequrred) 3a
b CashdIstrIbutIontest(attachtherequrredschedule) 3b
4 Qualityingdistributions AddIInes 1athrough3b.EnterhereandonPartV,Me8,andPartXIII,Me4 4 801 , 900 .
5 FoundatlonsthatquaIItyundersectIon4940(e)torthereducedrateoftaxonnetInvestment
Income.Enter1%ofPartI,IIne27b 5 2l5 .
6 Adjustedqualifyingdistributions.SubtractMe5fromlIne4 6 801 , 685 .
Note. TheamountonMe6WIIIbeusedInPartV,column(b),InsubsequentyearswhencalculatIngwhetherthefoundatIonq uaIItIestortheseam
4940(e)reductIonoftaxInthoseyears.
Form990-PF(2014)
423571
11-24-14
Form990-PF(2014) BROOKE FAMILY FOUNDATION 27-0373823 Page9
Undistributed Income (seeInstructlons)
(a) (b) (c) (d)
2013 2014
Corpus Yearswarto2013
1 DIstrIbutableamountfor2014fromPartXl,
[me7 144 , 286.
2 UndlstnbutedIncome,Ifany.asoftheendof2014
itEnteramountfor2013only
bTotalforwaryears;
3 ExcessdIstrIb utIonscarryover,Ifany,to2014;
aFrom2009
bFrom2010 788,861.
cFrom2011 244, 813.

dFrom2012 573,519.
eFrom2013 675,863.
1 TotalofMes3athroug he 2,283,056.
4 OualIfyIngdIstrIbutIonstor2014from
Panxn,IIne4z>$ 801,900.
aAppIIedto2013,butnotmorethanIIne2a
bApplIedtoundIstrIbutedIncomeofwar
years(Electronrequued-seeInstructlons)
cTreatedasdIstrIbutIonsoutofcorpus
0.
(Electronrequued-seeInstructlons)
dApplIedto2014dIstrIbutableamount 144,286 .
eRemaInIngamountdIstrIbutedoutofcorpus 657, 614.
0. 0.
5 ExcessdlstnbutlonscarryoverapplIodto2014
(ifanamountappearsIncolumn(d),thesameamount
mustbeshownIncolumn(a))
6 Enterthenettotalofeachcolumnas
indicatedbelow;
aCorpus AddIInes3!,4c.and40 SubtractIIne5 2,940,670.
bPrIoryears' undlstrIbutedIncome.Subtract
IIne4bfromWe2b
cEntertheamountofmmyears'
undIstrIbutedIncomeformmamumof
defICIencyhasbeenIssued,oronmm
thesectIon4942(a)taxhasbeenpreVIously
assessed
dSubtractlIne6cfromWe6b.Taxable
amount-seeInstructIons
eUndrstnbutedIncomefor2013.Subtractme
43fromlIne2a.Taxableamount-seeInstr.
1 UndIstrIbutedIncomefor2014.Subtract
lInes4dand5fromIlne1.TMamountmust
bedlstnbutedIn2015
7 AmountstreatedasdIstrIbutIonsoutof
corpustosatlstyrequuementsImposedby
sectIon 170(b)(1)(F)or4942(g)(3)(ElectIon
0.
maybereqUIred-seeInstructIons)
8 ExcessdIstrIbutIonscarryoverfrom2009
y notapplIedonMe5orMe7
0.
i 9 Excessdistributionscarryoverto2015
l Subtract"ms7and8fromIIne6a 2,940,670.
10 AnaIySIsoiline9;
aExcessfrom2010 788 , 861 .
bExcesslrom2011 244,813.
cExcesslrom2012 573 , 519.

dExcessfrom2013 675 , 863 .
eExcessfrom2014 657,614.
ll 11-24- I14 Form990-PF(2014)