CHARLES H BOYLE FON INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES H BOYLE FON INC (EIN 23-7256010)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-13
- IRS object ID
- 202401349349102035
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-13T11:13:31-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237256010 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charles H Boyle Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BOYL | BusinessNameControlTxt |
| Phone | 9017670100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 17800 | AddressLine1Txt |
| City | Memphis | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38187 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David J Wages Sec-Treas | PersonNm |
| Person Title | Sec. - Treas. | PersonTitleTxt |
| Phone | 9018184682 | PhoneNum |
| Signature | 2024-05-13 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | David | PersonFirstNm |
| Person Last | Wages Sec-Treas | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,685,081 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $400,165 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $139,620 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $139,620 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $131,942 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $131,942 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$252,856 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,149,053 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $418,871 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $271,562 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Expenses Rev And Expnss | $320 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $16,820 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,035,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,035,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,051,820 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,035,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$632,949 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $271,562 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $111,176 | CashBOYAmt |
| Cash EOY | $335,695 | CashEOYAmt |
| Cash EOYFMV | $335,695 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,712,861 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,932,765 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,932,765 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,953,303 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,971,248 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,354,894 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,463,250 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $61,751 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $61,727 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $11,240,590 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,301,459 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,685,081 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $11,500 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,500 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $6,333,379 | CapitalStockBOYAmt |
| Capital Stock EOY | $6,333,379 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,907,211 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,956,580 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,240,590 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,289,959 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,240,590 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,301,459 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,240,590 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$632,949 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,607,641 | SubtotalAmt |
| Other Decreases | $317,682 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,289,959 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 623 shares of Longleaf Small-Cap Fund | 2022-12-30 | 2023-05-10 | $13,569 | $13,102 | $467 | $467 |
| 52,136 shares of Longleaf Small-Cap Fund | 2020-12-30 | 2023-05-10 | $1,135,484 | $1,360,110 | -$224,626 | -$224,626 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$224,159 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,775 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,775 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,775 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $219 | EsPenaltyAmt |
| Tax Due | $3,994 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | David J Wages | IndividualWithBooksNm |
| Phone | 9018184682 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 17800 | AddressLine1Txt |
| City | Memphis | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38187 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Snowden B Morgan | ||||||||
| P O Box 17800 | Memphis | TN | 38187 | Director | 0.00 | $0 | $0 | $0 |
| J Bayard Boyle Jr | ||||||||
| P O Box 17800 | Memphis | TN | 38187 | President / Director | 0.00 | $0 | $0 | $0 |
| David J Wages | ||||||||
| P O Box 17800 | Memphis | TN | 38187 | Sec. / Treas. / Director | 0.00 | $0 | $0 | $0 |
| Henry W Morgan Sr | ||||||||
| P O Box 17800 | Memphis | TN | 38187 | Vice President / Director | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,087,308 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,371,932 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,459,240 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,459,240 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $231,889 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,227,351 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $761,368 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $761,368 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,775 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,775 | TotalTaxAmt |
| Distributable Before Adj | $757,593 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $757,593 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $757,593 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,035,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,035,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $757,593 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $308,431 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $56,577 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $126,328 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $491,336 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,035,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $757,593 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $277,407 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $768,743 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $768,743 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $308,431 | ExcessFromYear3Amt |
| Excess From Year2 | $56,577 | ExcessFromYear2Amt |
| Excess From Year1 | $126,328 | ExcessFromYear1Amt |
| Excess From Current Year | $277,407 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (37 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| A Step Ahead Foundation | ||||||||
| 666 West Drive | Memphis | TN | 38119 | None | Public | To further donee's 501(c)(3) purposes | $100,000 | |
| AFA Foundation | ||||||||
| Post Office Drawer 2440 | Tupelo | MS | 38803 | None | Public | To further donee's 501(c)(3) purposes | $40,000 | |
| American Center for Law and Justice Inc | ||||||||
| PO Box 90555 | Washington | DC | 200900555 | None | Public | To further donee's 501(c)(3) purposes | $5,000 | |
| American Council of Trustees and Alumni | ||||||||
| 1730 M Street NW Suite 600 | Washington | DC | 20036 | None | Public | To further donee's 501(c)(3) purposes | $20,000 | |
| American Enterprise Institute | ||||||||
| 1789 Massachusetts Avenue NW | Washington | DC | 20036 | None | Public | To further donee's 501(c)(3) purposes | $75,000 | |
| American Legislative Exchange Council | ||||||||
| 2900 Crystal Drive 6th Floor | Arlington | VA | 22202 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| Beacon Center of Tennessee | ||||||||
| 1200 Clinton Street 205 | Nashville | TN | 37203 | None | Public | To further donee's 501(c)(3) purposes | $5,000 | |
| Big Oak Ranch | ||||||||
| 250 Jake Mintz Road | Gadsden | AL | 359058958 | None | Public | To further donee's 501(c)(3) purposes | $15,000 | |
| Center for Immigration Studies | ||||||||
| 1629 K St NW Suite 600 | Washington | DC | 20006 | None | Public | To further donee's 501(c)(3) purposes | $15,000 | |
| Church Health Center | ||||||||
| 1210 Peabody Avenue | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $100,000 | |
| Claremont Institute | ||||||||
| Post Office Box 39 | Claremont | CA | 91711 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| Emmanuel & Associates | ||||||||
| PO Box 483 | Brandon | MS | 390430483 | None | Public | To further donee's 501(c)(3) purposes | $25,000 | |
| Eureka True Vine Baptist Church | ||||||||
| 3510 Millbranch Road | Memphis | TN | 38116 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| Financial Issues Stewardship Ministries | ||||||||
| PO Box 270 | Exton | PA | 19341 | None | Public | To further donee's 501(c)(3) purposes | $4,000 | |
| Germantown Presbyterian Church | ||||||||
| 2363 Germantown Road South | Memphis | TN | 38138 | None | Public | To further donee's 501(c)(3) purposes | $20,000 | |
| Grace Evangelical Church | ||||||||
| 9750 Wolf River Blvd | Germantown | TN | 38139 | None | Public | To further donee's 501(c)(3) purposes | $8,000 | |
| Hillsdale College | ||||||||
| 227 Massachusetts Ave NE | Washington | DC | 20002 | None | Public | To further donee's 501(c)(3) purposes | $70,000 | |
| Hoover Institution | ||||||||
| 434 Galvez Mall | Stanford | CA | 943056003 | None | Public | To further donee's 501(c)(3) purposes | $5,000 | |
| Hudson Institute | ||||||||
| 1201 Pennsylvania Avenue NW | Washington | DC | 20004 | None | Public | To further donee's 501(c)(3) purposes | $25,000 | |
| Immigration Reform Law InstituteFederation For American Immigration Reform | ||||||||
| 25 Massachusetts Ave NW | Washington | DC | 20001 | None | Public | To further donee's 501(c)(3) purposes | $25,000 | |
| Intercollegiate Studies Institute | ||||||||
| 3901 Centerville Road | Wilmington | DE | 19807 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| Manhattan Institute | ||||||||
| 52 Vanderbilt Avenue | New York | NY | 10017 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| Media Research Center | ||||||||
| 1900 Campus Commons Drive | Reston | VA | 20191 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| Memphis Area Youth Association | ||||||||
| 3094 Connabrook Drive | Memphis | TN | 38116 | None | Public | To further donee's 501(c)(3) purposes | $2,000 | |
| Memphis University School | ||||||||
| 6191 Park Avenue | Memphis | TN | 381195399 | None | Public | To further donee's 501(c)(3) purposes | $5,000 | |
| Mid-South Food Bank | ||||||||
| 3865 South Perkins Road | Memphis | TN | 38118 | None | Public | To further donee's 501(c)(3) purposes | $50,000 | |
| MIFA | ||||||||
| C/O Advancement Office 910 Vance | Memphis | TN | 38126 | None | Public | To further donee's 501(c)(3) purposes | $100,000 | Avenue |
| National Association of Scholars | ||||||||
| 420 Madison Avenue 7th Floor | New York | NY | 10017 | None | Public | To further donee's 501(c)(3) purposes | $5,000 | |
| Planned Parenthood Center | ||||||||
| 2430 Poplar Ave Suite 100 | Memphis | TN | 38112 | None | Public | To further donee's 501 (c)(3) purposes | $100,000 | |
| Service Over Self | ||||||||
| 2505 Poplar Avenue | Memphis | TN | 381123715 | None | Public | To further donee's 501(c)(3) purposes | $25,000 | |
| Slingshot Memphis Inc | ||||||||
| 802 Rozelle Street | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $50,000 | |
| St George's Episcopal Church | ||||||||
| 2425 S Germantown Road | Germantown | TN | 38138 | None | Public | To further donee's 501(c)(3) purposes | $1,000 | |
| The Federalist Society | ||||||||
| 1776 I Street NW Suite 300 | Washington | DC | 20006 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| The Heritage Foundation | ||||||||
| 214 Massachusetts Ave NE | Washington | DC | 200024999 | None | Public | To further donee's 501(c)(3) purposes | $65,000 | |
| The Salvation Army | ||||||||
| 696 Jackson Avenue | Memphis | TN | 38105 | None | Public | To further donee's 501(c)(3) purposes | $50,000 | |
| The State Policy Network | ||||||||
| 1500 Wilson Blvd Suite 600 | Arlington | VA | 22209 | None | Public | To further donee's 501(c)(3) purposes | $2,500 | |
| Victims of Communism Memorial Foundation | ||||||||
| 900 15th Street NW | Washington | DC | 20005 | None | Public | To further donee's 501(c)(3) purposes | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,035,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $139,620 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $131,942 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$252,856 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $18,706 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $18,706 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | The $139,620 of interest income was derived from a money market fund. |
| 4 | The $131,942 of dividend income was derived from corporate securities. |
| 8 | The $252,856 of capital losses were derived from sales of mutual funds |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| J Bayard Boyle Jr | |||||||
| 1 | 5900 Poplar Ave | Memphis | TN | 38119 | $100,000 | Yes (X) | |
| J Bayard Boyle Jr | |||||||
| 2 | 5900 Poplar Ave | Memphis | TN | 38119 | $300,165 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | 423 shares of Berkshire Hathaway Class B (BRK.B) | $150,800 | 2023-12-29 |
| 2 | 531 shares of FedEx (FDX) | $149,365 | 2023-12-29 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BTIC administrative fee | CategoryTxt |
| Amt | $16,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Tennessee does not require the filing of Form 990-PF | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (12 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| American Express (AXP) - 2,334 shares | $232,700 | $437,252 |
| Ameriprise Financial, Inc (AMP) - 466 shares | $79,970 | $177,001 |
| Amgen, Inc (AMGN) - 200 shares | $35,050 | $57,604 |
| Berkshire Hathaway Class B (BRK.B) - 6,838 shares | $692,842 | $2,438,841 |
| BP Corp. (BP) - 1,058 shares | $2,662 | $37,453 |
| Coca Cola (KO) - 950 shares | $228 | $55,984 |
| FedEx Corporation (FDX) - 21,894 shares | $2,502,750 | $5,538,525 |
| IBM (IBM) - 264 shares | $40,667 | $43,177 |
| JD.Com Incorporated (JD) - 15,036 shares | $373,001 | $434,390 |
| Kyndryl Holdings, Inc. (KD) - 52 shares | $1,678 | $1,080 |
| Roblox Corporation (RBLX) - 1,092 shares | $4,947 | $49,926 |
| Truist Financial Corp (TFC) - 2,266 shares | $4,753 | $83,661 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Longleaf Partners Fund (LLPFX) - 2,715.393 shares | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $61,751 | BookValueAmt |
| EOYFMV | $61,727 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Book value adjustment on contributed assets | Desc |
| Amt | $317,682 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Raymond James - Wire/ADR fees | $300 | $0 | $0 |
| 2023 TN Annual Report Fee | $20 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Henry W Morgan Sr | |||
| 5900 Poplar Avenue | Memphis | TN | 38119 |
| Snowden B Morgan | |||
| 5900 Poplar Avenue | Memphis | TN | 38119 |
| Henry W Morgan Jr | |||
| 5900 Poplar Avenue | Memphis | TN | 38119 |
| J Bayard Boyle Jr | |||
| 5900 Poplar Avenue | Memphis | TN | 38119 |
| Paul TJ Boyle | |||
| 5900 Poplar Avenue | Memphis | TN | 38119 |