2024-05-07T06:58:23-07:00 2023-12-31 061609121 Adam P Cohen CPA LLC 81 South Main St Suite 9 West Hartford CT 06107 990 2023-01-01 200106661 The Thomas M Brennan Memorial Foundation Inc THOM 9145485674 370 Whippoorwill Road Chappaqua NY 10514 Pete A Meyers President+Treasurer 2024-04-22 true Pete A Meyers 999009999 true Adam P Cohen P00046319 8605216400 X 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Pete A Meyers 370 Whippoorwill Road Chappaqua NY 105142319 283928 false X www.tmbmf.org X 2003 CT 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. 5 5 0 5 0 42606 130569 0 54212 65472 0 96818 196041 133780 138180 0 0 0 237 6812 7220 140592 145400 -43774 50641 1396727 1511762 63535 65600 1333192 1446162 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. false false 138180 138180 The Foundation funded 18 students during 2023. The Foundation continues the scholarships through the respective students' four years' attendance. This is the twentieth year of scholarship funding.The Foundation also awarded three grants to its scholarship recipients to purchase computers.The Foundation continues to accumulate the principal that will support its program activities in the future. 138180 true true false false false false false false false true false true false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true false false false true 1 0 true 0 false false false false false false false 0 false false false false false false false X 5 5 true false false false false false false true true false false true true true true false false false false false NY X Pete Meyers President 9145485674 370 Whippoorwill Road Chappaqua NY 105142319 X Pete A Meyers President+Treas 2.00 0.00 X X 0 0 0 Robert J Saville Vice President 0.50 0.00 X X 0 0 0 Jennifer B Waterhouse Secretary 2.00 0.00 X X 0 0 0 Steve Marconi Director 0.50 0.00 X 0 0 0 John Scola Director 0.50 0.00 X 0 0 0 0 false false false 0 65000 65569 130569 0 62842 62842 0 0 0 90517 87887 2630 2630 2630 0 0 0 0 196041 2630 62842 0 138180 138180 0 0 0 0 0 0 0 0 0 0 5000 5000 0 0 0 1043 1043 0 0 630 630 0 0 0 0 0 0 0 0 0 Filing fees 275 275 Service charges 272 35 237 0 145400 138180 6983 237 22202 4480 12232 122276 0 0 0 0 0 0 0 0 1261081 1279733 88619 92274 0 0 12593 12999 1396727 1511762 63535 65600 63535 65600 X 1333192 1446162 1333192 1446162 1396727 1511762 50641 62329 X true X false true false X 65797 47894 92566 42606 130569 379432 0 0 65797 47894 92566 42606 130569 379432 106166 273266 58898 55471 55719 55864 62842 288794 0 0 668226 0.40890 0.38560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1349700 126751 104444 1372007 1571920 -222220 1349700 1475500 68750 27670 1571920 1397731 77769 1475500 1739828 225400 567497 1397731 1.00000 false false false 92274 X 420600 62329 228273 290602 129998 1043 65000 66043 196041 144274 -83 -83 144357 1043 1043 145400 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 2019 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 $38048 Supporting org. unrealized gains, net $190225 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Grant from supporting organization $65000 true 0 0 Scholarships through Boston College 18 134200 Cash awarded Grants for computers 3 3980 Cash awarded Grantmaker's Description of How Grants are Used ScholarshipsThe 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 2023, the Foundation made grants for computers to three scholarship recipients. 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. 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.. Beezo Investments 370 Whippoorwill Road Chappaqua NY 105142319 832609344 Supporting organization CT 501(c)(3) 509(a)(3) Type I N/A false false false true false false false false false false false false false false false false false false false false Beezo Investments c 65000 Cash received