Subsidy Tracker Parent Company Summary

Parent Company Name: 
Brown-Forman
Ownership Structure: 
publicly traded (ticker symbol BFA)
Headquartered in: 
Kentucky
Major Industry: 
beverages
Specific Industry: 
beverages
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$9,538,90015
Federal (grants and allocated tax credits)$00
TOTAL$9,538,90015
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$4,609,0002
TOTAL$4,609,0002
Time Period for State and Local Awards: 

Earliest year of data: 1994. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

BROWN FORMAN; JACK DANIEL DISTILLERY; MAGNOLIA INVESTMENTS

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Kentucky$7,660,1009
Tennessee$1,500,0001
Indiana$350,0001
Alabama$28,8004

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Brown-Forman Corporation Kentucky state 1994 $3,500,000 tax credit/rebate
Brown-Forman Corporation Kentucky state 2013 $2,500,000 tax credit/rebate
Jack Daniel Distillery Tennessee state 2013 $1,500,000 grant
Brown-Forman Corporation Kentucky state 2013 $500,000 tax credit/rebate
Brown-Forman Corporation Kentucky state 2016 $400,000 tax credit/rebate
Brown-Forman Corporation Indiana state 2015 $350,000 tax credit/rebate
Brown-Forman Corporation Kentucky state 2014 $300,000 tax credit/rebate
Brown-Forman Corporation Kentucky state 2015 $150,000 tax credit/rebate
Brown-Forman Corporation Kentucky state 2014 $110,100 tax credit/rebate
Brown-Forman Corporation Kentucky state 2014 $100,000 training reimbursement
Brown-Forman Corporation Kentucky state 2015 $100,000 training reimbursement
Magnolia Investments, Inc. Alabama state 2013 $7,200 cost reimbursement
Magnolia Investments, Inc. Alabama state 2013 $7,200 cost reimbursement
Magnolia Investments, Inc. Alabama state 2013 $7,200 cost reimbursement
Magnolia Investments, Inc. Alabama state 2013 $7,200 cost reimbursement
MAGNOLIA INVESTMENTS, LLC United States federal 2018 $4,069,000 federal loan or loan guarantee
Brown-Forman Corporation United States federal 2013 $540,000 federal loan or loan guarantee
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