Nonprofit · EIN 61-0724060
JAMES GRAHAM BROWN FOUNDATION INC
Tax-exempt · LOUISVILLE, KY 40202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $14,322,563 | $22,389,850 | -$8,067,287 | $390,953,333 | $9,277,585 | $381,675,748 |
| December 31, 2023 | 990-PF | $11,883,246 | $16,908,139 | -$5,024,893 | $366,389,366 | $5,266,013 | $361,123,353 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $7,221,677
- Interest
- $44,402
- Net gain from sales of assets
- $6,949,540
- Other income
- $106,944
Expenses
- Grants and similar amounts paid
- $18,529,501
- Compensation of officers, directors and key employees
- $949,727
- Salaries, compensation and benefits (total)
- $371,346
- Disbursements for charitable purposes
- $16,770,976
- Excise tax on investment income
- $239,505
Balance sheet and other
- Total assets, start of year
- $366,389,366
- Total assets, end of year
- $390,953,333
- Total liabilities, end of year
- $9,277,585
- Net assets, end of year
- $381,675,748
- Fair market value of assets
- $390,953,333
- Qualifying distributions
- $16,770,976
- Net investment income
- $19,975,071
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 |
|---|---|---|---|---|
| MASON RUMMEL 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PRESIDENT, CEO | 50 | $381,315 | $79,085 |
| BLEIK PICKETT 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | SECRETARY | 40 | $165,413 | $28,621 |
| WILLIAM CLIFTON 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TREASURER, CFO | 40 | $151,067 | $22,058 |
| ASHLEY PARROTT 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PROGRAM OFFICER Highest-paid employee | 40 | $100,897 | $31,100 |
| KEITH WARDRIP 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | EVALUATION & RESEARC Highest-paid employee | 40 | $87,796 | $15,728 |
| VANESSA CATES 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | OPERATIONS MANAGER Highest-paid employee | 40 | $69,180 | $18,046 |
| ANNA CATE CHAVEZ 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | GRANTS MANAGEMENT CO Highest-paid employee | 40 | $63,241 | $18,956 |
| KATHY KOTCAMP 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TREASURER/SECRETARY (PREVIOUS) | 30 | $56,132 | $8,980 |
| MARGERY DUVALL 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PROGRAM ASSISTANT Highest-paid employee | 40 | $53,829 | $16,712 |
| STEPHEN CAMPBELL 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | CHAIRMAN | 10 | $50,000 | $0 |
| DOUG GRISSOM 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $19,200 | $0 |
| AARON THOMPSON 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $16,800 | $0 |
| CRIT LUALLEN 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | VICE CHAIR | 1 | $16,400 | $0 |
| BEN CHANDLER 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $16,400 | $0 |
| LOPA MEHROTRA 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $15,800 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANDRA FRAZIER 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $13,800 |
| CONDRAD DANIELS 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $11,800 |
| R TED STEINBOCK MD 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE (PREVIOUS) | 1 | $11,800 |
| R ALEX RANKIN 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE (PREVIOUS) | 1 | $11,000 |
| JERRY ABRAMSON 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $7,000 |
| GREG ROUSOS 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $5,800 |
| STEVE SAUTEL 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MASON RUMMEL 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PRESIDENT, CEO | 50 | $365,524 | $75,667 |
| KATHY KOTCAMP 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TREASURER/SECRETARY, CFO | 30 | $216,926 | $34,172 |
| BLEIK PICKETT 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PROGRAM OFFICER Highest-paid employee | 40 | $157,854 | $26,654 |
| ASHLEY PARROTT 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PROGRAM OFFICER Highest-paid employee | 40 | $115,849 | $25,388 |
| VANESSA CATES 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | OFFICE MANAGER Highest-paid employee | 40 | $58,006 | $16,245 |
| STEPHEN CAMPBELL 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | CHAIRMAN | 10 | $50,000 | $0 |
| MARGIE DUVALL 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PROGRAM ASSISTANT Highest-paid employee | 40 | $49,678 | $15,561 |
| ANNA CATE BROWN 471 W MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | PROGRAM ASSOCIATE Highest-paid employee | 40 | $42,521 | $9,486 |
| R TED STEINBOCK MD 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $19,400 | $0 |
| AUDWIN HELTON 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE (PREVIOUS) | 1 | $19,400 | $0 |
| R ALEX RANKIN 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $19,000 | $0 |
| DOUG GRISSOM 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $18,600 | $0 |
| STEPHEN REILY 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE (PREVIOUS) | 1 | $18,600 | $0 |
| AARON THOMPSON 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $18,200 | $0 |
| CRIT LUALLEN 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | VICE CHAIR | 1 | $17,800 | $0 |
| LOPA MEHROTRA 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $17,800 | $0 |
| ANGIE EVANS 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE (PREVIOUS) | 1 | $17,800 | $0 |
| BEN CHANDLER 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $16,800 | $0 |
| STEVE SAUTEL 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE | 1 | $0 | $0 |
| RUDY GERNERT 471 WEST MAIN STREET SUITE 401, LOUISVILLE, KY 40202 | TRUSTEE (PREVIOUS) | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 471 W MAIN ST STE 401, LOUISVILLE, KY 40202-5219
- Signed the 990-PF
- MASON RUMMEL, PRESIDENT & CEO
- Phone
- (502) 896-2440
- Website
- JGBF.ORG
- Return prepared by
- DEMING MALONE LIVESAY & OSTROFF PSC
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
- 61-0724060
- 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
- 1964
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $390,953,333
- Income (IRS master file)
- $45,374,611
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $14,322,563 | $22,389,850 | $390,953,333 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $11,883,246 | $16,908,139 | $366,389,366 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 61-0724060).
Questions about JAMES GRAHAM BROWN FOUNDATION INC
- What is the EIN of JAMES GRAHAM BROWN FOUNDATION INC?
- The employer identification number (EIN) of JAMES GRAHAM BROWN FOUNDATION INC is 61-0724060.
- Is JAMES GRAHAM BROWN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to JAMES GRAHAM BROWN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JAMES GRAHAM BROWN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JAMES GRAHAM BROWN FOUNDATION INC 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 JAMES GRAHAM BROWN FOUNDATION INC 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 JAMES GRAHAM BROWN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 22 people; 21 received compensation from the organization, the highest $381,315 (MASON RUMMEL, PRESIDENT, CEO).
- How much revenue does JAMES GRAHAM BROWN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,322,563, expenses of $22,389,850 and total assets of $390,953,333 at year end.
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