Civic Intelligence

Brackett Foundation

990 • Fiscal year 2013 • EIN 16-1523586

Jan 01, 2013 to Dec 31, 2013 • Filed on May 15, 2014

PO Box 813346

(315) 824-3435

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • NTEE Q • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

71st percentile

14%

Higher net margin than 71% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

55th percentile

7.7%

Faster asset growth than 55% of similar nonprofits.

2013 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

54th percentile

6.2%

Faster revenue growth than 54% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Assets

Up

$744,750

Up $53,305 (+7.7%) from 2012

Net Assets

Up

$744,750

Up $53,305 (+7.7%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$379,070

No earlier filing loaded for comparison.

Expenses

Up

$325,765

Up $46,199 (+17%) from 2012

Net Income

$53,305

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $652,528Liabilities 2011: $0Net Assets 2011: $652,5282011Assets 2012: $691,445Liabilities 2012: $0Net Assets 2012: $691,4452012Assets 2013: $744,750Liabilities 2013: $0Net Assets 2013: $744,7502013Assets 2014: $729,126Liabilities 2014: $0Net Assets 2014: $729,1262014Assets 2015: $701,087Liabilities 2015: $0Net Assets 2015: $701,0872015Assets 2016: $836,751Liabilities 2016: $5,000Net Assets 2016: $831,7512016Assets 2017: $987,296Liabilities 2017: $20,075Net Assets 2017: $967,2212017Assets 2018: $828,486Liabilities 2018: $5,000Net Assets 2018: $823,4862018Assets 2019: $939,413Liabilities 2019: $0Net Assets 2019: $939,4132019Assets 2020: $1,111,592Liabilities 2020: $0Net Assets 2020: $1,111,5922020Assets 2021: $1,339,171Liabilities 2021: $0Net Assets 2021: $1,339,1712021Assets 2022: $1,000,543Liabilities 2022: $875Net Assets 2022: $999,6682022Assets 2023: $1,259,141Liabilities 2023: $0Net Assets 2023: $1,259,1412023

Highlighted filing

2013

Assets$744,750
Liabilities$0
Net Assets$744,750

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $336,347Expenses 2011: $268,155Net Income 2011: $68,1922011Expenses 2012: $279,5662012Revenue 2013: $379,070Expenses 2013: $325,765Net Income 2013: $53,3052013Revenue 2014: $318,235Expenses 2014: $333,859Net Income 2014: -$15,6242014Revenue 2015: $295,706Expenses 2015: $323,745Net Income 2015: -$28,0392015Revenue 2016: $322,954Expenses 2016: $359,215Net Income 2016: -$36,2612016Revenue 2017: $507,672Expenses 2017: $509,579Net Income 2017: -$1,9072017Revenue 2018: $329,159Expenses 2018: $379,253Net Income 2018: -$50,0942018Revenue 2019: $426,805Expenses 2019: $498,668Net Income 2019: -$71,8632019Revenue 2020: $578,403Expenses 2020: $460,768Net Income 2020: $117,6352020Revenue 2021: $501,794Expenses 2021: $497,305Net Income 2021: $4,4892021Revenue 2022: $492,611Expenses 2022: $518,048Net Income 2022: -$25,4372022Revenue 2023: $454,484Expenses 2023: $501,955Net Income 2023: -$47,4712023

Highlighted filing

2013

Revenue$379,070
Expenses$325,765
Net Income$53,305
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 15, 2014
Return Version
2013v3.1
Gross Receipts
$509,181
Mission and Program Overview

Mission

Believing that the best hope for peace and happiness for mankind lies in education, we are dedicated to assisting refugees or displaced persons of any race,nationality, or creed to acquire an education. The focus is on refugees from Burma in Thailand, India,and Bangladesh.

Believing that the best hope for peace and happiness for mankind lies in education, we are dedicated to the task of assisting refugees or displaced persons of any race, nationality, or creed to acquire an education. The focus is on refugees from burma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$505,268$531,554▲ $26,286
Savings and Temporary Cash Investments$69,223$125,323▲ $56,100
Cash and Non-Interest-Bearing Accounts$116,954$87,873▼ $29,081
Total Assets$691,445$744,750▲ $53,305
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$354,539$378,539▲ $24,000
Unrestricted Net Assets$272,906$331,211▲ $58,305
Temporarily Rstr Net Assets$64,000$35,000▼ $29,000
Total Net Assets Fund Balance$691,445$744,750▲ $53,305
Total Liabilities and Net Assets / Fund Balance$691,445$744,750▲ $53,305

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$397,690$24,000▲ $19,369$13,334$427,725
2012$371,437$25,000▲ $12,277$11,024$397,690
2011$294,132$75,000▲ $11,859$9,554$371,437
2010$216,471$77,500▲ $3,138$2,977$294,132
2009$205,943$10,500▲ $3,242$3,214$216,471
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dianne BeckerTrustee and Board Chairman
Thomas BrackettCEO and Former Trustee
Adger WilliamsTrustee
Alyson IlichTrustee
Deforest WinfieldTrustee
J Phillip BrackettTrustee
Mark SommerTrustee
Sally BrackettTrustee
Ted BrackettTrustee
Russell BrackettTrustee After October 2013
Cristy BallouTrustee Until October 2013
Elizabeth BrackettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$332,214
Program Service Revenue
$0
Investment Income
$46,856
Other Revenue
$0
All Other Contributions
$332,214
Change in Net Assets
$53,305

Audited Revenue Reconciliation

Revenue per Audited Statements
$379,070
Revenue Not Reported on Form 990
$59,647
Total Revenue per Audited Statements
$438,717
Total Revenue per Form 990
$379,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$305,220
Other Expenses$20,545
Total Fundraising Expense$7,462
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$305,220--$305,220
Office Expenses$8,321-$7,462$15,783
Fees for Services Accounting$2,000$2,000-$4,000
Travel$637--$637
Fees for Services Legal-$125-$125
Total Functional Expenses$316,178$2,125$7,462$325,765

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$328,032
Expenses per Audited Statements$325,765
Total Expenses per Form 990$325,765
Expenses Not Reported on Form 990$2,267
International Activity

International Summary

Spending
$305,220

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificGrantmakingEduc Grants & Schol--$224,170
South AsiaGrantmakingEduc Grants & Schol--$81,050
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Part vi line 2 - yes - as follows: president, trustee until october, 2012, and treasurer are husband and wife and 4 of the board members at any one time are their children. A spouse of one of their children was a recent board member also. All are volunteers.

Committee meeting documentation Part VI line 8B

Part vi line 8b - board meetings are documented; there are no committees besides the governing board that make decisions for this organization.

Form 990 governing body review Part VI line 11

Part vi line 11 - the treasurer assists in the preparation of the 990 and when required, receives additional input from board members or volunteers. The treasurer reviews the 990 in detail with the preparer and signs the return when the return is complete. The return is reviewed by members of the finance committee before submission.

Officer director etc mailing address Part VI line 9

Part vi line 9 - all of the trustees' mailing addresses are available by contacting the foundation's office and may be reached through the foundation's mailing address.

CEO executive director top management comp Part VI line 15A

ALL ARE VOLUNTEERS

Other officer or key employee compensation Part VI line 15B

ALL ARE VOLUNTEERS

Governing documents etc available to public Part VI line 19

Part vi line 19 - governing documents are available as follows: the foundation has the latest annual report with financial results posted on its website. This is also mailed to all current and past donors in a newsletter in june of each year. The 990 may be viewed on the foundation center website and on the guidestar website. The most recent 990 filing may be obtained by contacting the organization. The audit report is provided with all grant applications. It is available on request from the foundation's office.

Filing and Contact Details

Filer

EIN
16-1523586

Signing Officer

Name
Elizabeth Brackett
Title
Treasurer
Phone
3158243435
Signed
2014-05-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Thomas Brackett
Formed
1997
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
46

Preparer

Preparer
Patricia K Averson
Phone
3154638522
Supplemental Narrative

Financial Statement Notes

Endowment funds intended uses (Part V, line 4)

The income from invested donor permanently restricted endowment contributions, none of which have restrictions on earnings, is used to support the grants and programs and operations of the organization. The board has designated additional funds as well, along with accumulated gains, to provide a base from which to earn additional income for future operations, and to provide a buffer for years with adverse exchange rates in the countries of operations, or when investment income or donations are lower than usual, or when grant funding is flat, to adjust more smoothly to new conditions, all important when granting university scholarships that span multiple years.

Other expenses not included on Form 990 (Part XII, line 2D)

Accrual to cash adjustments from financial statement to tax return $908 due to grants pledged prepaid or payable, timing difference. Also currency rate fluctuation $1,359 per stmt, not recorded to return.

Footnote for uncertain tax position under FIN 48 (Part X)

Income taxes: the brackett foundation is exempt from income tax under section 501(c)(3) of the internal revenue code. The foundation files its form 990 with the internal revenue service and the new york office of charities bureau. These forms are open for public inspection. Managagement believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Tax returns are generally open for three (3) years after filing. Therefore the foundation is no longer subject to examination for years before 2010.

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IRS990/MoreThan5000KToIndividualsInd0true
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt0691445
IRS990/NetAssetsOrFundBalancesEOYAmt0744750
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt031371
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt031371
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt07462
IRS990/OfficeExpensesGrp/ProgramServicesAmt08321
IRS990/OfficeExpensesGrp/TotalAmt015783
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0354539
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0378539
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0THOMAS BRACKETT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAMS IN INDIA: SCHOLARSHIPS AND SUPPORT PROGRAMS IN THE MIZORAM STATE OF INDIA FOR CHIN REFUGEES FROM BURMA, CONSISTING OF 54 GRANTS FOR UNIVERSITY STUDY, A PROGRAM TO SUPPORT 50 STUDENTS AT UNIVERSITY PREPARATORY LEVEL (CLASSES 11 & 12), AND 5 HIGH SCHOOL STUDENT SUPPORT PROGRAMS HELPING 110 STUDENTS. IN ADDITION THERE ARE 12 PRIMARY STUDENT SUPPORT PROGRAMS IN 12 DIFFERENT COMMUNITIES SUPPORTING 181 CHILDREN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046144
IRS990/ProgSrvcAccomActy2Grp/GrantAmt044550
IRS990/ProgSrvcAccomActy3Grp/Desc0PROJECTS IN BANGLADESH: (ALL DONE IN COOPERATION WITH CHILDREN ON THE EDGE, A BRITISH NGO) SUPPORTING THE ROHINGYA REFUGEES FROM BURMA CONSISTING OF LEARNING CENTERS COVERING GRADES 1-3 FOR 600 WORKING CHILDREN IN COX'S BAZAR, AND 1,800 ROHINGYA CHILDREN IN THE KUTUPALONG REFUGEE CAMP. IN 2013 THIS PROGRAM GRADUATED 1200 CHILDREN (300 WORKING CLASS AND 900 REFUGEE CHILDREN) WHO RECEIVED GOVERNMENT ENDORSED CERTIFICATES TO CONTINUE THEIR EDUCATION. IN ADDITION THERE WAS ONE UNIVERSITY SCHOLARSHIP.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt037807
IRS990/ProgSrvcAccomActy3Grp/GrantAmt036500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0305542
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0267094
IRS990/PYInvestmentIncomeAmt012941
IRS990/PYOtherExpensesAmt012472
IRS990/PYRevenuesLessExpensesAmt038917
IRS990/PYTotalExpensesAmt0279566
IRS990/PYTotalRevenueAmt0318483
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt053305
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt069223
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0125323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0332214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0305542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0323735
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0321828
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0258021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01541340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015485
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012941
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04605
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04829
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt050472
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68400
IRS990ScheduleA/PublicSupportPY170Pct00.68060
IRS990ScheduleA/PublicSupportTotal170Amt01088874
IRS990ScheduleA/SubstantialContributorsTotAmt0452466
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0332214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0305542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0323735
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0321828
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0258021
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01541340
IRS990ScheduleA/TotalSupportAmt01591812
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.11000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0397690
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt024000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0427725
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt019369
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt013334
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0371437
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0397690
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012277
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt011024
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0294132
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt075000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0371437
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011859
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt09554
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0216471
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt077500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0294132
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03138
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02977
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0205943
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt010500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0216471
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03242
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt03214
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt02267
IRS990ScheduleD/ExpensesSubtotalAmt0325765
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt059647
IRS990ScheduleD/OtherExpensesIncludedAmt02267
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.89000
IRS990ScheduleD/RevenueNotReportedAmt059647
IRS990ScheduleD/RevenueSubtotalAmt0379070
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INCOME FROM INVESTED DONOR PERMANENTLY RESTRICTED ENDOWMENT CONTRIBUTIONS, NONE OF WHICH HAVE RESTRICTIONS ON EARNINGS, IS USED TO SUPPORT THE GRANTS AND PROGRAMS AND OPERATIONS OF THE ORGANIZATION. THE BOARD HAS DESIGNATED ADDITIONAL FUNDS AS WELL, ALONG WITH ACCUMULATED GAINS, TO PROVIDE A BASE FROM WHICH TO EARN ADDITIONAL INCOME FOR FUTURE OPERATIONS, AND TO PROVIDE A BUFFER FOR YEARS WITH ADVERSE EXCHANGE RATES IN THE COUNTRIES OF OPERATIONS, OR WHEN INVESTMENT INCOME OR DONATIONS ARE LOWER THAN USUAL, OR WHEN GRANT FUNDING IS FLAT, TO ADJUST MORE SMOOTHLY TO NEW CONDITIONS, ALL IMPORTANT WHEN GRANTING UNIVERSITY SCHOLARSHIPS THAT SPAN MULTIPLE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCRUAL TO CASH ADJUSTMENTS FROM FINANCIAL STATEMENT TO TAX RETURN $908 DUE TO GRANTS PLEDGED PREPAID OR PAYABLE, TIMING DIFFERENCE. ALSO CURRENCY RATE FLUCTUATION $1,359 PER STMT, NOT RECORDED TO RETURN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INCOME TAXES: THE BRACKETT FOUNDATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FILES ITS FORM 990 WITH THE INTERNAL REVENUE SERVICE AND THE NEW YORK OFFICE OF CHARITIES BUREAU. THESE FORMS ARE OPEN FOR PUBLIC INSPECTION. MANAGAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ALL TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. TAX RETURNS ARE GENERALLY OPEN FOR THREE (3) YEARS AFTER FILING. THEREFORE THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION FOR YEARS BEFORE 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Endowment funds intended uses (Part V, line 4)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Other expenses not included on Form 990 (Part XII, line 2d)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalExpensesPerForm990Amt0325765
IRS990ScheduleD/TotalRevenuePerForm990Amt0379070
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0438717
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0328032
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0224170
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt181050
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUC GRANTS & SCHOL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1EDUC GRANTS & SCHOL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTMAKING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTMAKING
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt0141103
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt124447
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0EFT
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1EFT
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt0208
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt155
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1SOUTH ASIA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0TUITION AND SCHOOL EXPENSES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1TUITION AND SCHOOL EXPENSES
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt06305
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt16750
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt27538
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt310076
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt48299
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt522697
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt66291
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt77621
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt835000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt96341
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt106448
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt4EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt5EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt6EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt7EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt8EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt9EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt10EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0BOARDING HOUSE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1SCHOOL AID IN REFUGE AREA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2SCHOOL AID IN REFUGE AREA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3SCHOOL AID IN REFUGE AREA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4SCHOL AWARDS HS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5SCHOOL AID
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6SCHOOL AID
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt7SCHOOL AID

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.45$0.50$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$0.49$0.52$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.00$1.34$0.50$0.50$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$0.58$0.46$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$0.43$0.50$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.01$0.82$0.33$0.38$0.05
2017Summary only. Only limited summary data is available for this year.$0.99$0.02$0.97$0.51$0.51$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.01$0.83$0.32$0.36$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.00$0.70$0.30$0.32$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.32$0.33$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.38$0.33$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$0.28
2011Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$0.34$0.27$0.07