Nonprofit · EIN 72-6027232
JOE W & DOROTHY DORSETT BROWN FOUNDATION
Tax-exempt · METAIRIE, LA 70005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $13,079,051 | $7,388,663 | $5,690,388 | $127,894,383 | $378,836 | $127,515,547 |
| December 31, 2023 | 990-PF | $5,584,632 | $6,083,925 | -$499,293 | $122,250,395 | $393,181 | $121,857,214 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $2,429,809
- Net gain from sales of assets
- $8,792,908
- Other income
- $1,856,334
Expenses
- Grants and similar amounts paid
- $5,489,501
- Compensation of officers, directors and key employees
- $519,539
- Salaries, compensation and benefits (total)
- $64,567
- Disbursements for charitable purposes
- $6,747,273
- Excise tax on investment income
- $159,136
Balance sheet and other
- Total assets, start of year
- $122,250,396
- Total assets, end of year
- $127,894,383
- Total liabilities, end of year
- $378,836
- Net assets, end of year
- $127,515,547
- Fair market value of assets
- $168,040,411
- Qualifying distributions
- $7,097,273
- Net investment income
- $11,746,471
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| E F Hunter 1807 Lake Street, Lake Charles, LA 70601 | PRES/PRG/MBR | 32 | $212,720 | $31,908 |
| David B Spencer 915 Royal Street, New Orleans, LA 70116 | CHAIR/PRG/MBR | 18.5 | $102,273 | $15,341 |
| Edwin K Hunter 500 Rue Caribe, Miramar Beach, FL 32550 | PRG/MBR | 18.5 | $102,273 | $15,341 |
| Ronald P Spencer 4958 Southwest 7th Avenue, Ocala, FL 34474 | PRG/MBR | 18.5 | $102,273 | $15,341 |
| MARY C POCHE 130 NOTTAWAY DRIVE, DESTREHAN, LA 70047 | Office Manager Highest-paid employee | 40 | $52,567 | $13,885 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| E F Hunter 1807 Lake Street, Lake Charles, LA 70601 | PRES/PRG/MBR | 32 | $195,767 | $29,365 |
| David B Spencer 915 Royal Street, New Orleans, LA 70116 | CHAIR/PRG/MBR | 18.5 | $88,144 | $13,222 |
| Edwin K Hunter 51 Cannon Royal Drive, Key West, FL 33040 | PRG/MBR | 18.5 | $88,144 | $13,222 |
| Ronald P Spencer 4958 Southwest 7th Avenue, Ocala, FL 34474 | PRG/MBR | 18.5 | $88,144 | $13,222 |
| MARY C POCHE 130 NOTTAWAY DRIVE, DESTREHAN, LA 70047 | Office Manager Highest-paid employee | 40 | $50,856 | $13,628 |
Address and contacts
- Address (IRS master file)
- 320 HAMMOND HIGHWAY SUITE 500, METAIRIE, LA 70005-0000
- Signed the 990-PF
- E F Hunter, President
- Phone
- (504) 834-3433
- Website
- www.thebrownfoundation.org
- Return prepared by
- Johnson Mire & Fernandez CPA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 72-6027232
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $127,894,383
- Income (IRS master file)
- $47,844,344
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $13,079,051 | $7,388,663 | $127,894,383 | IRS |
| 990-PF | December 2023 | $5,584,632 | $6,083,925 | $122,250,395 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-6027232).
Questions about JOE W & DOROTHY DORSETT BROWN FOUNDATION
- What is the EIN of JOE W & DOROTHY DORSETT BROWN FOUNDATION?
- The employer identification number (EIN) of JOE W & DOROTHY DORSETT BROWN FOUNDATION is 72-6027232.
- Is JOE W & DOROTHY DORSETT BROWN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to JOE W & DOROTHY DORSETT BROWN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JOE W & DOROTHY DORSETT BROWN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JOE W & DOROTHY DORSETT BROWN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOE W & DOROTHY DORSETT BROWN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of JOE W & DOROTHY DORSETT BROWN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $212,720 (E F Hunter, PRES/PRG/MBR).
- How much revenue does JOE W & DOROTHY DORSETT BROWN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $13,079,051, expenses of $7,388,663 and total assets of $127,894,383 at year end.
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