Nonprofit · EIN 42-1276134
BROWNELL FAMILY FOUNDATION RT 2
Tax-exempt · GRINNELL, IA 50112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $745,257 | $675,809 | $69,448 | $2,039,266 | $0 | $2,039,266 |
| December 31, 2024 | 990-PF | $143,886 | $510,922 | -$367,036 | $1,969,817 | $0 | $1,969,817 |
| December 31, 2023 | 990-PF | $85,512 | $500,157 | -$414,645 | $2,269,409 | $0 | $2,269,409 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $53,775
- Dividends
- $55,785
- Interest
- $1,191
- Net gain from sales of assets
- $99,776
- Other income
- $534,730
Expenses
- Grants and similar amounts paid
- $426,981
- Disbursements for charitable purposes
- $231,737
- Excise tax on investment income
- $1,955
Balance sheet and other
- Total assets, start of year
- $1,969,817
- Total assets, end of year
- $2,039,266
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,039,266
- Fair market value of assets
- $2,529,517
- Qualifying distributions
- $231,737
- Net investment income
- $156,752
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter R Brownell 3006 Brownells Pkwy, Grinnell, IA 50112 | Trustee | 5 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frank R Brownell III 3006 Brownells Pkwy, Grinnell, IA 50112 | Trustee | 1 | $0 |
| Peter R Brownell 3006 Brownells Pkwy, Grinnell, IA 50112 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK R BROWNELL III 3006 BROWNELLS PKWY, GRINNELL, IA 50112 | TRUSTEE | 1 | $0 |
| PETER R BROWNELL 3006 BROWNELLS PKWY, GRINNELL, IA 50112 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3006 BROWNELLS PKWY, GRINNELL, IA 50112-8178
- In care of
- % FRANK BROWNELL III
- Signed the 990-PF
- Peter R Brownell, Trustee
- Phone
- (641) 623-5401
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 | 990-PF 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
- 42-1276134
- 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
- 1986
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,039,266
- Income (IRS master file)
- $1,430,307
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $745,257 | $675,809 | $2,039,266 | IRS |
| 990-PF | December 2024 | $143,886 | $510,922 | $1,969,817 | IRS |
| 990-PF | December 2023 | $85,512 | $500,157 | $2,269,409 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 42-1276134).
Questions about BROWNELL FAMILY FOUNDATION RT 2
- What is the EIN of BROWNELL FAMILY FOUNDATION RT 2?
- The employer identification number (EIN) of BROWNELL FAMILY FOUNDATION RT 2 is 42-1276134.
- Is BROWNELL FAMILY FOUNDATION RT 2 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to BROWNELL FAMILY FOUNDATION RT 2 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BROWNELL FAMILY FOUNDATION RT 2 file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BROWNELL FAMILY FOUNDATION RT 2 due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROWNELL FAMILY FOUNDATION RT 2 last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of BROWNELL FAMILY FOUNDATION RT 2?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does BROWNELL FAMILY FOUNDATION RT 2 have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $745,257, expenses of $675,809 and total assets of $2,039,266 at year end.
Other nonprofits in GRINNELL
- THE TRUSTEES OF GRINNELL COLLEGE EIN 42-0680387 · last filed 990 for 2025
- GRINNELL REGIONAL MEDICAL CENTER EIN 42-0933383 · last filed 990 for 2024
- GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST AGREEMENT EIN 42-1371997 · last filed 990 for 2025
- ST FRANCIS MANOR INC EIN 42-1056708 · last filed 990 for 2025
- MAYFLOWER HOMES INC EIN 42-0727497 · last filed 990 for 2025
- JOHN M CAMPBELL TRUST EIN 42-6055488 · last filed 990-PF for 2025
- GREATER POWESHIEK COMMUNITY FOUNDATION EIN 42-1298055 · last filed 990 for 2025
- THE CLAUDE W AND DOLLY AHRENS FOUNDATION CORPORATION EIN 39-1906775 · last filed 990-PF for 2024