Civic Intelligence

The Thomas M Brennan Memorial Foundation Inc

EIN 20-0106661 • 501(c)3 • Chappaqua, NY

Profile

The Foundation exists to honor the memory of Thomas M. Brennan, who was killed on September 11, 2001. The Foundation's primary mission is funding a scholarship at Boston College in Tom's memory for students in need of financial assistance.

370 Whippoorwill RoadChappaqua, NY 10514

www.tmbmf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.04x

Higher debt load relative to assets than 84% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.46x

Higher debt load relative to revenue than 93% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Net Margin

24th percentile

-7.4%

Higher net margin than 24% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

NTEE B82 • $1M-$5M nonprofits • Source year 2024

Asset Growth

27th percentile

0.1%

Faster asset growth than 27% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-26%

Faster revenue growth than 17% of similar nonprofits.

NTEE B82 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$1,512,833

Up $1,071 (+0.1%) from 2023

Liabilities

Up

$65,950

Up $350 (+0.5%) from 2023

Net Assets

Up

$1,446,883

Up $721 (+0.0%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin24th percentile

Revenue

Down

$144,643

Down $51,398 (-26%) from 2023

Expenses

Up

$155,290

Up $9,890 (+6.8%) from 2023

Net Income

Down

-$10,647

Down $61,288 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth27th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $1,305,043Liabilities 2010: $17,850Net Assets 2010: $1,287,1932010Assets 2011: $1,424,205Liabilities 2011: $22,900Net Assets 2011: $1,401,3052011Assets 2012: $1,662,957Liabilities 2012: $54,800Net Assets 2012: $1,608,1572012Assets 2013: $1,773,755Liabilities 2013: $31,500Net Assets 2013: $1,742,2552013Assets 2014: $1,996,468Liabilities 2014: $33,600Net Assets 2014: $1,962,8682014Assets 2015: $2,095,868Liabilities 2015: $41,750Net Assets 2015: $2,054,1182015Assets 2016: $2,141,027Liabilities 2016: $40,850Net Assets 2016: $2,100,1772016Assets 2017: $2,353,245Liabilities 2017: $42,075Net Assets 2017: $2,311,1702017Assets 2018: $2,012,529Liabilities 2018: $40,600Net Assets 2018: $1,971,9292018Assets 2019: $1,643,197Liabilities 2019: $38,850Net Assets 2019: $1,604,3472019Assets 2020: $1,663,528Liabilities 2020: $47,000Net Assets 2020: $1,616,5282020Assets 2021: $1,668,142Liabilities 2021: $56,050Net Assets 2021: $1,612,0922021Assets 2022: $1,396,727Liabilities 2022: $63,536Net Assets 2022: $1,333,1912022Assets 2023: $1,511,762Liabilities 2023: $65,600Net Assets 2023: $1,446,1622023Assets 2024: $1,512,833Liabilities 2024: $65,950Net Assets 2024: $1,446,8832024

Highlighted filing

2024

Assets$1,512,833
Liabilities$65,950
Net Assets$1,446,883
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $40,5832010Expenses 2011: $51,8332011Expenses 2012: $58,5482012Revenue 2013: $152,034Expenses 2013: $72,839Net Income 2013: $79,1952013Revenue 2014: $252,930Expenses 2014: $78,953Net Income 2014: $173,9772014Revenue 2015: $175,606Expenses 2015: $84,448Net Income 2015: $91,1582015Revenue 2016: $179,002Expenses 2016: $95,790Net Income 2016: $83,2122016Revenue 2017: $164,098Expenses 2017: $95,047Net Income 2017: $69,0512017Revenue 2018: $232,987Expenses 2018: $98,966Net Income 2018: $134,0212018Revenue 2019: $130,058Expenses 2019: $97,448Net Income 2019: $32,6102019Revenue 2020: $106,560Expenses 2020: $115,546Net Income 2020: -$8,9862020Revenue 2021: $155,843Expenses 2021: $126,456Net Income 2021: $29,3872021Revenue 2022: $96,818Expenses 2022: $140,592Net Income 2022: -$43,7742022Revenue 2023: $196,041Expenses 2023: $145,400Net Income 2023: $50,6412023Revenue 2024: $144,643Expenses 2024: $155,290Net Income 2024: -$10,6472024

Highlighted filing

2024

Revenue$144,643
Expenses$155,290
Net Income-$10,647
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,512,833
Liabilities
$65,950
Net assets
$1,446,883
Revenue
$144,643
Expenses
$155,290
Net income
-$10,647
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.07$1.45$0.14$0.16$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.51$0.07$1.45$0.20$0.15$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.40$0.06$1.33$0.10$0.14$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.67$0.06$1.61$0.16$0.13$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.05$1.62$0.11$0.12$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.04$1.60$0.13$0.10$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.01$0.04$1.97$0.23$0.10$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.35$0.04$2.31$0.16$0.10$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.04$2.10$0.18$0.10$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.10$0.04$2.05$0.18$0.08$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.00$0.03$1.96$0.25$0.08$0.17
2013Detailed filing. Detailed filing data is available for this year.$1.77$0.03$1.74$0.15$0.07$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.05$1.61$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.02$1.40$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.02$1.29$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.1
Gross Receipts
$252,957
Mission and Program Overview

Mission

The Foundation exists to honor the memory of Thomas M. Brennan, who was killed on September 11, 2001. The Foundation's primary mission is funding scholarships at Boston College in Tom's memory for students in need of financial assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,279,733$1,351,472▲ $71,739
Investments Other Securities$92,274$95,128▲ $2,854
Savings and Temporary Cash Investments$122,276$45,158▼ $77,118
Cash and Non-Interest-Bearing Accounts$4,480$12,128▲ $7,648
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,511,762$1,512,833▲ $1,071
Other Assets Total$12,999$8,947▼ $4,052
Liabilities
Grants Payable$65,600$65,950▲ $350
Total Liabilities$65,600$65,950▲ $350
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,446,162$1,446,883▲ $721
Total Net Assets Fund Balance$1,446,162$1,446,883▲ $721
Total Liabilities and Net Assets / Fund Balance$1,511,762$1,512,833▲ $1,071

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,372,007$100,071▲ $74,556-$1,446,600
2023$1,349,700-▲ $126,751-$1,372,007
2022$1,571,920-▼ $222,220-$1,349,700
2021$1,475,500$68,750▲ $27,670-$1,571,920
2020$1,397,731-▲ $77,769-$1,475,500
Compensation and Service Providers
Top Officer Pay62nd percentile

Board Members and Trustees

NameTitle
Pete A MeyersPresident+Treas
Robert J SavilleVice President
John ScolaDirector
Steve MarconiDirector
Jennifer B WaterhouseSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$79,987
Program Service Revenue
$0
Investment Income
$64,656
Other Revenue
$0
Change in Net Assets
$-10,647

Audited Revenue Reconciliation

Revenue per Audited Statements
$122,341
Revenue Not Reported on Financial Statements
$22,302
Revenue Not Reported on Form 990
$241,679
Other Revenue Adjustments
$21,100
Total Revenue per Audited Statements
$364,020
Total Revenue per Form 990
$144,643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$148,480
Other Expenses$6,810
Total Fundraising Expense$404
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$148,480--$148,480
Fees for Services Accounting-$5,000-$5,000
Other Expenses-$-120$404$284
Total Functional Expenses$148,480$6,406$404$155,290

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$155,290
Expenses per Audited Statements$154,088
Total Expenses per Audited Statements$154,088
Expenses Not Reported on Financial Statements$1,202
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The five directors are also directors of Beezo Investments, Inc., a supporting organization.”

Form 990, Part VI, Section B, Line 11B

“All 5 directors receive via email a PDF of the draft Form 990 for their review, before it is filed with IRS..”

Form 990, Part VI, Section B, Line 12C

“5 directors continuously monitor the Foundation's activities and each other..”

Form 990, Part VI, Section C, Line 19

“The organization would disclose these upon request, as may be required by state law.”

Filing and Contact Details

Filer

Filer Name
The Thomas M Brennan Memorial
EIN
20-0106661
Phone
9145485674
Address
370 Whippoorwill Road, Chappaqua, NY 10514

Signing Officer

Name
Pete A Meyers
Title
President+Treasurer
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pete A Meyers
Formed
2003
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Adam P Cohen CPA LLC
Address
81 South Main St Suite 9, West Hartford, CT 06107
Preparer
Adam P Cohen
Phone
8605216400
Supplemental Narrative

Additional Explanations

Sch. D, Part XII, 2B; Part XIII, 2A

“In-kind Services The Thomas M. Brennan Foundation, Inc. received significant contributed services. All officers and directors serve without compensation. Directors, family and friends of Thomas M. Brennan contributed most out-of-pocket costs including postage and communications..”

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“Endowment is intended to provide earnings to maintain future grant-making. The organization currently generates sufficient contributions to support current grantmaking and to add to the endowment. During 2019, assets valued at $567,497 were transferred to a supporting organization, Beezo Investments, Inc.”

Part X : FIN48 Footnote

“Management has determined that the Foundation has no uncertain tax positions that would require financial statement recognition or disclosure. The Foundations federal information returns prior to 2021 are generally not subject to examination.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Supporting organization revenue, net $116601 Supporting org. unrealized gains, net $113710”

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Grant from supporting organization $21100”

Raw XML AppendixShowing 400 of 480 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012999
IRS990/OtherAssetsTotalGrp/EOYAmt08947
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Other investment exp's - P/T
IRS990/OtherExpensesGrp/Desc1Website
IRS990/OtherExpensesGrp/Desc2Service charges
IRS990/OtherExpensesGrp/FundraisingAmt0404
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01201
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1325
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2-120
IRS990/OtherExpensesGrp/TotalAmt01201
IRS990/OtherExpensesGrp/TotalAmt1325
IRS990/OtherExpensesGrp/TotalAmt2284
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Pete A Meyers
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0130569
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0138180
IRS990/PYInvestmentIncomeAmt065472
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt07220
IRS990/PYRevenuesLessExpensesAmt050641
IRS990/PYTotalExpensesAmt0145400
IRS990/PYTotalRevenueAmt0196041
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-10647
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt021100
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0122276
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt079987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0130569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt042606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt092566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt047894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0393622
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt063592
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt062842
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt055864
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt055719
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt055471
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0293488
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40040
IRS990ScheduleA/PublicSupportPY170Pct00.40890
IRS990ScheduleA/PublicSupportTotal170Amt0275134
IRS990ScheduleA/SubstantialContributorsTotAmt0118488
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0130569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt042606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt092566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047894
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0393622
IRS990ScheduleA/TotalSupportAmt0687110
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01372007
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0100071
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01446600
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0100034
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt074556
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01349700
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01372007
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0104444
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0126751
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01571920
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01349700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-222220
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01475500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt068750
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01571920
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027670
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01397731
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01475500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt077769
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01202
IRS990ScheduleD/ExpensesSubtotalAmt0154088
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01202
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01202
IRS990ScheduleD/NetUnrealizedGainsInvstAmt011368
IRS990ScheduleD/OtherRevenueAmt0230311
IRS990ScheduleD/OtherRevenuesNotIncludedAmt021100
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt0241679
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt022302
IRS990ScheduleD/RevenueSubtotalAmt0122341
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment is intended to provide earnings to maintain future grant-making. The organization currently generates sufficient contributions to support current grantmaking and to add to the endowment. During 2019, assets valued at $567,497 were transferred to a supporting organization, Beezo Investments, Inc.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Management has determined that the Foundation has no uncertain tax positions that would require financial statement recognition or disclosure. The Foundations federal information returns prior to 2021 are generally not subject to examination.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Supporting organization revenue, net $116601 Supporting org. unrealized gains, net $113710
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Grant from supporting organization $21100
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueSecuritiesAmt095128
IRS990ScheduleD/TotalExpensesPerForm990Amt0155290
IRS990ScheduleD/TotalRevenuePerForm990Amt0144643
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0364020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0154088
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0137600
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15880
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt25000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships through Boston College
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Grants for computers
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Grants for internship rent
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt020
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt14
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt22
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Cash awarded
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1Cash awarded
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2Cash awarded
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ScholarshipsThe Foundation awards scholarships to Boston College students from a list of eligible students selected by the College. Awards are paid to Boston College for the benefit of the scholarship recipient.During 2024, the Foundation made grants for computers to and internship rental assistance to four and two scholarship recipients, respectively
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The five directors are also directors of Beezo Investments, Inc., a supporting organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All 5 directors receive via email a PDF of the draft Form 990 for their review, before it is filed with IRS..
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25 directors continuously monitor the Foundation's activities and each other..
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization would disclose these upon request, as may be required by state law.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4In-kind Services The Thomas M. Brennan Foundation, Inc. received significant contributed services. All officers and directors serve without compensation. Directors, family and friends of Thomas M. Brennan contributed most out-of-pocket costs including postage and communications..
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Sch. D, Part XII, 2b; Part XIII, 2a
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Beezo Investments
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0832609344
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Supporting organization
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)(3) Type I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0370 Whippoorwill Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Chappaqua
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0105142319
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt021100
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash received
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Beezo Investments

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