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Nonprofit · EIN 62-6036338

L P BROWN FOUNDATION

Tax-exempt · BOULDER, CO 80302

Financials

$638K$1.3M2023$3.5M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of L P BROWN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,454,433$1,572,576$1,881,857$24,724,543$0$24,724,543
December 31, 2023990-PF$638,067$1,261,838-$623,771$22,842,686$0$22,842,686
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$196,781
Interest
$214,042
Net gain from sales of assets
$2,168,556
Other income
$875,054

Expenses

Grants and similar amounts paid
$1,410,000
Disbursements for charitable purposes
$1,410,000
Excise tax on investment income
$46,003

Balance sheet and other

Total assets, start of year
$22,842,686
Total assets, end of year
$24,724,543
Total liabilities, end of year
$0
Net assets, end of year
$24,724,543
Fair market value of assets
$32,970,569
Qualifying distributions
$1,410,000
Net investment income
$3,454,433

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.

NameTitleHours / weekCompensation
AXSON B MORGAN
505 MOUNTAIN VIEW ROAD, BOULDER, CO 80302
President20$0
G BRYAN MORGAN
505 MOUNTAIN VIEW ROAD, BOULDER, CO 80302
Vice President20$0
OCTAVIA E MORGAN
413 SPRUCE STREET, BOULDER, CO 80302
Secretary1$0
DARCIA M SAIGET
PO BOX 1093, CORDOVA, AR 99574
Director1$0
WILLIAM P MORGAN
PO BOX 1807, BOULDER, CO 80306
Director1$0
KATHRYN M BAUER
2444 6TH ST, BOULDER, CO 80304
Director1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
AXSON B MORGAN
505 MOUNTAIN VIEW ROAD, BOULDER, CO 80302
President20$0
G BRYAN MORGAN
505 MOUNTAIN VIEW ROAD, BOULDER, CO 80302
Vice President20$0
OCTAVIA E MORGAN
413 SPRUCE STREET, BOULDER, CO 80302
Secretary1$0
DARCIA M SAIGET
PO BOX 1093, CORDOVA, AR 99574
Director1$0
WILLIAM P MORGAN
PO BOX 1807, BOULDER, CO 80306
Director1$0
KATHRYN M BAUER
2444 6TH ST, BOULDER, CO 80304
Director1$0

Address and contacts

Address (IRS master file)
505 MOUNTAIN VIEW RD, BOULDER, CO 80302-5013
In care of
% L P BROWN III
Signed the 990-PF
OCTAVIA E MORGAN, Secretary
Phone
(415) 225-1717
Return prepared by
Middlemist Crouch & Co CPA PC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
62-6036338
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
1957
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$24,724,543
Income (IRS master file)
$7,573,251

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,454,433$1,572,576$24,724,543XML
990-PFDecember 2023$638,067$1,261,838$22,842,686XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 62-6036338).

Questions about L P BROWN FOUNDATION

What is the EIN of L P BROWN FOUNDATION?
The employer identification number (EIN) of L P BROWN FOUNDATION is 62-6036338.
Is L P BROWN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
Are donations to L P BROWN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does L P BROWN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of L P 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 L P 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 L P BROWN FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does L P BROWN FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,454,433, expenses of $1,572,576 and total assets of $24,724,543 at year end.

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