Brown-forman Foundation is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2019, with $21,284,671 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$21.3M
▲ 4914.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$4.2M
Net assets
$61.9M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Brown-forman Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Brown-forman Foundation: 177 mo reserves · +80% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Brown-forman Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Brown-forman Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.3M (FY2018) to $21.3M (FY2023) across 6 reported years.
Financial snapshot
Operating margin
80.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$99.8M
Total liabilities
$37.8M
Net assets
$61.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $21,284,671▲4914% | $4,202,773▲6.2% | $61,926,344▲62.5% | $99,766,995▲21.9% | 990PF |
| 2022 | $424,500▼75.7% | $3,957,954▼92.1% | $38,118,521▼7.5% | $81,819,690▼7.5% | 990PF |
| 2021 | $1,747,119▼92.8% | $50,005,624▲448% | $41,223,259▼57.9% | $88,478,001▼11.0% | 990PF |
| 2020 | $24,207,060▲1275% | $9,128,546▲177% | $97,847,269▲49.7% | $99,410,566▲51.6% | 990PF |
| 2019 | $1,760,730▲36.1% | $3,289,818▲15.0% | $65,362,117▼8.0% | $65,577,117▼7.8% | 990PF |
| 2018 | $1,293,597 | $2,861,101 | $71,017,070 | $71,142,070 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Brown-forman Foundation (EIN 82-4595018) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.