2026-07-13T08:32:40+00:00 2025-06-30 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2024-07-01 271119965 Fund for BRIC Inc FUND 7186835600 647 FULTON STREET BROOKLYN NY 11217 WES JACKSON PRESIDENT 7186835600 2026-07-13 true Lauren Denton P01571860 2128127000 2026-07-13 2024 2025-03-06 01:10:19Z X WES JACKSON 647 FULTON STREET BROOKLYN NY 11217 25439 false X N/A X 2009 NY TO HOLD AND INVEST FUNDS TO BE USED FOR THE PROJECTS OF BRIC ARTS MEDIA BKLYN, INC. 5 4 0 4 0 0 0 266651 25439 0 266651 25439 0 0 0 0 0 17200 17800 17200 17800 249451 7639 1078417 1196841 38440 56240 1039977 1140601 TO PROVIDE SUPPORT FOR THE BENEFIT OF BRIC ARTS MEDIA BKLYN, INC. false false TO HOLD AND INVEST FUNDS TO BE USED FOR THE PROJECTS OF BRIC ARTS MEDIA BKLYN, INC. 0 true false false false false false false false false false false false false false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false false false false false X 5 4 false true false false true true true true false false false false true true true true true true false false false false NY X ERUM JAFFER BRIC 7186835600 647 FULTON STREET BROOKLYN NY 11217 DANIEL WIENER SECRETARY/TREASURER 0.5 0.5 X X 0 0 0 MICHAEL LIBURD CHAIR 0.5 1.5 X X 0 0 0 WESLEY JACKSON PRESIDENT 0.5 40.5 X X 0 330949 30687 DESIREE DAVIS BOARD MEMBER 0.5 0.5 X 0 0 0 ROBERT CHINA BOARD MEMBER 0.5 0.5 X 0 0 0 0 330949 30687 0 false false false 0 0 0 0 0 0 0 25439 25439 0 0 0 0 0 0 0 0 0 25439 0 0 25439 17800 17800 0 0 0 0 0 0 0 0 17800 0 17800 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1078417 1196841 0 0 0 0 0 0 1078417 1196841 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38440 56240 38440 56240 X 1039977 1140601 0 0 0 0 0 0 0 0 1039977 1140601 1078417 1196841 7639 92985 0 X false true true false X 135025 0 0 0 0 135025 0 0 0 0 0 0 0 0 0 0 0 0 135025 0 0 0 0 135025 108213 26812 57720 62451 47459 29020 25439 222089 0 0 0 6000 0 0 6000 363114 0 0.07384 0.18255 X Schedule A, Part II, Line 17a Ten Percent Facts And Circumstances Test Explanation THE ORGANIZATION RELIES ON INVESTMENT INCOME FROM ITS LARGE INVESTMENT PORTFOLIO. THE PUBLIC SUPPORT PERCENTAGE IS EXPECTED TO INCREASE ABOVE 33% FOR FISCAL YEAR 2025-2026 AFTER RECOGNIZING NO CONTRIBUTION REVENUE FOR FISCAL YEAR 2024-2025. Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER, COLUMN A - , COLUMN B - , COLUMN C - 6000.0, COLUMN D - , COLUMN E - , COLUMN F - 6000.0; Federal Income Taxes DUE TO RELATED ENTITY 56240 56240 118424 92985 0 92985 25439 0 0 25439 17800 0 0 17800 0 0 17800 Form 990, Part VI, Line 3 Delegation of management duties THE FUND FOR BRIC HAS AN ADMINISTRATIVE SERVICES AGREEMENT WITH BRIC ARTS MEDIA BKLYN, INC. THE FUND PAYS FEES IN EXCHANGE FOR CERTAIN SERVICES INCLUDING ADMINISTRATIVE SERVICES, FINANCIAL SERVICES, BOARD SERVICES AND DONOR RELATIONS SERVICES. Form 990, Part VI, Line 6 Classes of members or stockholders BRIC ARTS MEDIA BKLYN, INC. IS THE SOLE MEMBER OF THE FUND FOR BRIC INC. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body BRIC ARTS MEDIA BKLYN, INC. (BRIC) IS THE SOLE MEMBER OF THE FUND FOR BRIC INC. THE PRESIDENT AND CHAIR OF BRIC ARE EX-OFFICIO MEMBERS (WITH VOTING RIGHTS) OF THE BOARD OF DIRECTORS OF THE FUND FOR BRIC, INC. THE BRIC BOARD OF DIRECTORS ELECTS THE REMAINING BOARD MEMBERS OF THE FUND FOR BRIC, INC. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL OF THE SOLE MEMBER, BRIC ARTS MEDIA BKLYN, INC. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THE FUND FOR BRIC, INC. HAS NO COMMITTEES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE DRAFT FORM 990 WAS REVIEWED IN DETAIL BY BRIC MANAGEMENT AND THE BOARD AUDIT COMMITTEE. SUGGESTIONS BY BOARD MEMBERS WERE REVIEWED BY BRIC MANAGEMENT, AND WITH THE INDEPENDENT AUDITOR IF RELEVANT, AND THE DOCUMENT WAS FINALIZED AND SUBMITTED. Form 990, Part VI, Line 12c Conflict of interest policy DIRECTORS AND OFFICERS COMPLETE A CONFLICT OF INTEREST STATEMENT PRIOR TO THEIR APPOINTMENT AND ANNUALLY THEREAFTER. THE STATEMENT IDENTIFIES ANY RELATED PARTY TRANSACTIONS, WHICH ARE DEFINED TO BE A CONFLICT OF INTEREST UNDER THE LAW. THE BOARD OF DIRECTORS OF BRIC (AS SOLE MEMBER) CONSIDERS THESE STATEMENTS BEFORE VOTING ON MEMBERSHIP, TO DETERMINE IF CANDIDATES CAN BE EXPECTED TO HAVE FREQUENT RELATED PARTY TRANSACTIONS. THE BOARD OF DIRECTORS OF THE FUND FOR BRIC REVIEWS THE ANNUAL STATEMENTS AND ANY POTENTIAL CONCERNS THAT ARISE. DIRECTORS, OFFICERS AND KEY EMPLOYEES MUST PROMPTLY DISCLOSE ANY RELATED PARTY TRANSACTION, WITH ALL MATERIAL FACTS TO THE BOARD OF THE FUND FOR BRIC. THE DIRECTOR, OFFICER OR KEY EMPLOYEE INVOLVED IN THE TRANSACTION MAY PROVIDE INFORMATION PRIOR TO DELIBERATION, BUT MAY NOT BE PRESENT DURING DELIBERATION BY THE BOARD. RELATED PARTY TRANSACTIONS ARE NOT NECESSARILY PROHIBITED. THE BOARD MUST DETERMINE IF THE TRANSACTION IS FAIR, REASONABLE AND IN THE BEST INTEREST OF THE ORGANIZATION, AND MUST CONSIDER ALTERNATIVE TRANSACTIONS IF THE RELATED PARTY HAS A SUBSTANTIAL INTEREST. THE BOARD MAKES A DECISION BY MAJORITY VOTE OF INDEPENDENT MEMBERS. ALL ACTIONS REGARDING RELATED PARTY TRANSACTIONS ARE RECORDED CONTEMPORANEOUSLY IN MINUTES OF THE BOARD. Form 990, Part VI, Line 19 Required documents available to the public THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 1, BOX B AMENDED RETURN THE FORM 990 IS BEING AMENDED DUE TO THE ISSUANCE OF THE AUDITED FINANCIAL STATEMENTS. CHANGES WERE MADE TO PARTS I, IV, AND XII. ALSO, THERE WERE CHANGES TO SCHEDULES D AND O. BRIC ARTS MEDIA BKLYN INC 647 FULTON STREET BROOKLYN NY 11217 112547268 ARTS & MEDIA NY 501(c)(3) 7 NA false THE FUND FOR BRIC COMMUNITY MEDIA 647 FULTON STREET BROOKLYN NY 11217 271120036 SUPPORT NY 501(c)(3) Type I BRIC ARTS false false false false false false false false false false false false false false true false true false false false