CHARLES H BOYLE FON INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES H BOYLE FON INC (EIN 23-7256010)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-03-15
- IRS object ID
- 202300749349100415
- Schema version
- 2022v4.1
- 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
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Substantial Contributors Sch
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-03-15T10:29:55-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | 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 | Gary B Douglas Sec-Treas | PersonNm |
| Person Title | Sec. - Treas. | PersonTitleTxt |
| Phone | 9017670100 | PhoneNum |
| Signature | 2023-03-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Gary | PersonFirstNm |
| Person Last | Douglas 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 | 2022 | 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 | $14,312,364 | 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 | $1,438,092 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $35,250 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $35,250 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $144,773 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $144,773 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $8,373 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,853,628 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,287,266 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,626,488 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,467,289 | 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 |
| Other Expenses Rev And Expnss | $321 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $321 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $827,110 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $827,110 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $827,431 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $827,110 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $799,057 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,467,289 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $366,980 | CashBOYAmt |
| Cash EOY | $111,176 | CashEOYAmt |
| Cash EOYFMV | $111,176 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,294,763 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,712,861 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,712,861 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,266,893 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,953,303 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,331,853 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,447,997 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,463,250 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,156,474 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,376,633 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,240,590 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,312,364 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | 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 | $3,043,254 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,907,211 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,376,633 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,240,590 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,376,633 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,240,590 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,376,633 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $799,057 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,064,900 | OtherIncreasesAmt |
| Subtotal | $11,240,590 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,240,590 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 3,046 shares of Roblox | 2018-06-19 | 2022-02-01 | $178,368 | $13,798 | $164,570 | $164,570 | |
| 1,954 shares of Roblox | 2018-06-19 | 2022-03-15 | $81,176 | $8,852 | $72,324 | $72,324 | |
| 1,063 shares of Roblox | 2018-06-19 | 2022-03-23 | $49,540 | $4,815 | $44,725 | $44,725 | |
| 266 shares of Arconic | 1998-01-05 | 2022-06-29 | $7,401 | $208 | $7,193 | $7,193 | |
| 3,861 shares of Despegar | 2007-08-08 | 2022-06-29 | $32,520 | $13,552 | $18,968 | $18,968 | |
| 3,674 shares of Freshworks | 2014-06-06 | 2022-06-29 | $48,339 | $5,574 | $42,765 | $42,765 | |
| 264 shares of Intuit | 2014-10-17 | 2022-06-29 | $106,562 | $37,755 | $68,807 | $68,807 | |
| 8,945 shares of Nu Holdings | 2015-05-15 | 2022-06-29 | $34,814 | $805 | $34,009 | $34,009 | |
| 391 shares of Peloton | 2014-06-27 | 2022-06-29 | $4,019 | $164 | $3,855 | $3,855 | |
| 3,447 shares of SentinelOne | 2014-03-31 | 2022-06-29 | $85,319 | $2,723 | $82,596 | $82,596 | |
| 1,847 shares of Stoneco | 2015-01-30 | 2022-06-29 | $15,839 | $4,710 | $11,129 | $11,129 | |
| 12,631 shares of Toast | 2019-03-27 | 2022-06-29 | $183,444 | $59,734 | $123,710 | $123,710 | |
| 1,666 shares of Warby Parker | 2013-12-17 | 2022-06-29 | $20,961 | $9,113 | $11,848 | $11,848 | |
| 275 shares of Coinbase Global | 2018-10-26 | 2022-06-29 | $15,537 | $9,952 | $5,585 | $5,585 | |
| 7,499 shares of Meituan Class B | 2017-08-16 | 2022-06-29 | $191,297 | $37,270 | $154,027 | $154,027 | |
| 2,025 shares of Freshworks | 2014-06-06 | 2022-07-26 | $27,360 | $2,066 | $25,294 | $25,294 | |
| 225 shares of Freshworks | 2014-06-06 | 2022-07-27 | $2,768 | $230 | $2,538 | $2,538 | |
| 29,983 shares of Nu Holdings | 2015-05-15 | 2022-10-20 | $130,024 | $2,698 | $127,326 | $127,326 | |
| 4,912 shares of Toast | 2020-07-27 | 2022-10-20 | $95,195 | $44,257 | $50,938 | $50,938 | |
| 358 shares of Procore Technologies | 2018-12-05 | 2022-10-20 | $17,936 | $8,950 | $8,986 | $8,986 | |
| 49,161 shares of First Horizon | 2013-12-12 | 2022-10-25 | $1,181,247 | $290,940 | $890,307 | $890,307 | |
| 6,000 shares of JD.com | 2015-05-21 | 2022-12-21 | $342,335 | $8,196 | $334,139 | $334,139 | |
| Capital Gains Dividends | $1,627 | $1,627 | $1,627 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,287,266 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $34,295 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $34,295 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $34,295 | 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 | $298 | EsPenaltyAmt |
| Tax Due | $34,593 | 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 | Gary B Douglas | IndividualWithBooksNm |
| Phone | 9017670100 | 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 |
|---|---|---|---|---|---|---|---|---|
| J Bayard Boyle Jr | ||||||||
| P O Box 17800 | Memphis | TN | 38187 | President / 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 |
| Snowden B Morgan | ||||||||
| p O Box 17800 | Memphis | TN | 38187 | Director | 0.00 | $0 | $0 | $0 |
| Gary B Douglas | ||||||||
| P O Box 17800 | Memphis | TN | 38187 | Sec. / Treas. / 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 | $10,350,875 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,574,540 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,925,415 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,925,415 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $223,881 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,701,534 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $735,077 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $735,077 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,295 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,295 | TotalTaxAmt |
| Distributable Before Adj | $700,782 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $700,782 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $700,782 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $827,110 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $827,110 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $700,782 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $308,431 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $56,577 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $365,008 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $827,110 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $700,782 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $126,328 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $491,336 | 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 | $491,336 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $308,431 | ExcessFromYear2Amt |
| Excess From Year1 | $56,577 | ExcessFromYear1Amt |
| Excess From Current Year | $126,328 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| The Salvation Army | |||||||
| 696 Jackson Avenue | Memphis | TN | 38105 | None | Public | To further donee's 501(c)(3) purposes | $50,000 |
| Slingshot Memphis Inc | |||||||
| 802 Rozelle Street | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $75,000 |
| Planned Parenthood Center | |||||||
| 2430 Poplar Ave Suite 100 | Memphis | TN | 38112 | None | Public | To further donee's 501 (c)(3) purposes | $100,000 |
| Mid-South Food Bank | |||||||
| 3865 South Perkins Road | Memphis | TN | 38118 | None | Public | To further donee's 501(c)(3) purposes | $50,000 |
| Metropolitan Inter-Faith Association | |||||||
| 910 Vance Avenue | Memphis | TN | 38126 | None | Public | To further donee's 501(c)(3) purposes | $75,000 |
| Germantown Presbyterian Church | |||||||
| 2363 Germantown Road South | Memphis | TN | 38138 | None | Public | To further donee's 501(c)(3) purposes | $19,110 |
| Church Health Center | |||||||
| 1210 Peabody Avenue | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $85,000 |
| A Step Ahead Foundation | |||||||
| 666 West Drive | Memphis | TN | 38119 | None | Public | To further donee's 501(c)(3) purposes | $100,000 |
| Hudson Institute | |||||||
| 1201 Pennsylvania Avenue NW | Washington | DC | 20004 | None | Public | To further donee's 501(c)(3) purposes | $20,000 |
| The Heritage Foundation | |||||||
| 214 Massachusetts Ave NE | Washington | DC | 200024999 | None | Public | To further donee's 501(c)(3) purposes | $40,000 |
| National Constitution Center | |||||||
| 525 Arch Street | Philadelphia | PA | 19106 | None | Public | To further donee's 501(c)(3) purposes | $1,000 |
| AFA Foundation | |||||||
| Post Office Drawer 2440 | Tupelo | MS | 38803 | None | Public | To further donee's 501(c)(3) purposes | $25,000 |
| Federation for American Immigration Reform | |||||||
| 25 Massachusetts Ave NW | Washington | DC | 20001 | None | Public | To further donee's 501(c)(3) purposes | $5,000 |
| Evangelical Christian School | |||||||
| 7600 Macon Road | Cordova | TN | 38018 | None | Public | To further donee's 501(c)(3) purposes | $25,000 |
| Bodine School | |||||||
| 2432 Yester Oaks Drive | Germantown | TN | 381396420 | None | Public | To further donee's 501(c)(3) purposes | $5,000 |
| Service Over Self | |||||||
| 2505 Poplar Avenue | Memphis | TN | 381123715 | None | Public | To further donee's 501(c)(3) purposes | $25,000 |
| Harvest Church | |||||||
| PO Box 381855 | Germantown | TN | 381831855 | None | Public | To further donee's 501(c)(3) purposes | $2,000 |
| Big Oak Ranch | |||||||
| 250 Jake Mintz Road | Gadsden | AL | 359058958 | None | Public | To further donee's 501(c)(3) purposes | $15,000 |
| Neighborhood Christian Centers | |||||||
| 785 Jackson Avenue | Memphis | TN | 381074014 | None | Public | To further donee's 501(c)(3) purposes | $25,000 |
| Indigenous Advance Ministries | |||||||
| PO Box 38444 | Germantown | TN | 381830444 | None | Public | To further donee's 501(c)(3) purposes | $10,000 |
| Emmanuel & Associates | |||||||
| PO Box 483 | Brandon | MS | 390430483 | None | Public | To further donee's 501(c)(3) purposes | $25,000 |
| American Center for Law and Justice Inc | |||||||
| PO Box 90555 | Washington | DC | 200900555 | None | Public | To further donee's 501(c)(3) purposes | $25,000 |
| Financial Issues Stewardship Ministries | |||||||
| PO Box 270 | Exton | PA | 193410270 | None | Public | To further donee's 501(c)(3) purposes | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $827,110 | 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 | $35,250 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $144,773 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $8,373 | 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 | $188,396 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $188,396 | 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 $35,250 of interest income was derived from a money market fund. |
| 4 | The $144,773 of dividend income was derived from corporate securities. |
| 8 | The $8,373 of capital gains was derived from sales of common stock |
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 | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| Paul T J Boyle | ||||||
| 1 | 5900 Poplar Ave | Memphis | TN | 38119 | $391,919 | Yes (X) |
| J Bayard Boyle Jr | ||||||
| 2 | 5900 Poplar Ave | Memphis | TN | 38119 | $1,046,173 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (40 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 112 shares of Intuit (INTU) | $46,656 | 2022-06-25 |
| 1 | 1,505 shares of SentinelOne (S) | $39,875 | 2022-06-25 |
| 1 | 692 shares of Stoneco (STNE) | $6,134 | 2022-06-25 |
| 1 | 728 shares of Warby Parker (WRBY) | $10,049 | 2022-06-25 |
| 1 | 5,435 shares of Toast (TOST) | $82,342 | 2022-06-25 |
| 1 | 2,876 shares of Meituan Dianping (MPNGF) | $72,580 | 2022-06-25 |
| 1 | 1,499 shares of Freshworks (FRSH) | $20,242 | 2022-06-25 |
| 1 | 3,156 shares of Nu Holdings (NU) | $12,813 | 2022-06-25 |
| 1 | 992 shares of Freshworks (FRSH) | $13,703 | 2022-07-21 |
| 1 | 2,113 shares of Toast (TOST) | $37,913 | 2022-10-06 |
| 1 | 10,578 shares of Nu Holdings (NU) | $49,612 | 2022-10-06 |
| 2 | 116 shares of Intuit (INTU) | $48,561 | 2022-06-25 |
| 2 | 1,567 shares of SentinelOne (S) | $41,502 | 2022-06-25 |
| 2 | 721 shares of Stoneco (STNE) | $6,385 | 2022-06-25 |
| 2 | 757 shares of Warby Parker (WRBY) | $10,459 | 2022-06-25 |
| 2 | 5,657 shares of Toast (TOST) | $85,702 | 2022-06-25 |
| 2 | 2,993 shares of Meituan Dianping (MPNGF) | $75,542 | 2022-06-25 |
| 2 | 1,561 shares of Freshworks | $21,068 | 2022-06-25 |
| 2 | 3,285 shares of Nu Holdings (NU) | $13,337 | 2022-06-25 |
| 2 | 1,033 shares of Freshworks (FRSH) | $14,262 | 2022-07-21 |
| 2 | 2,200 shares of Toast (TOST) | $39,462 | 2022-10-06 |
| 2 | 11,010 shares of Nu Holdings (NU) | $51,636 | 2022-10-06 |
| 2 | 1,063 shares of Roblox (RBLX) | $49,557 | 2022-03-21 |
| 2 | 275 shares of Coinbase (COIN) | $17,245 | 2022-06-25 |
| 2 | 3,861 shares of Despegar.com (DESP) | $32,703 | 2022-06-25 |
| 2 | 36 shares of Intuit | $15,034 | 2022-06-25 |
| 2 | 1,630 shares of Meituan Dianping | $41,138 | 2022-06-25 |
| 2 | 391 shares of Peloton | $4,305 | 2022-06-25 |
| 2 | 375 shares of SentinelOne (S) | $9,934 | 2022-06-25 |
| 2 | 434 shares of Stoneco (STNE) | $3,845 | 2022-06-25 |
| 2 | 1,539 shares of Toast (TOST) | $23,316 | 2022-06-25 |
| 2 | 181 shares of Warby Parker (WRBY) | $2,500 | 2022-06-25 |
| 2 | 614 shares of Freshworks (FRSH) | $8,289 | 2022-06-25 |
| 2 | 2,504 shares of Nu Holdings (NU) | $10,166 | 2022-06-25 |
| 2 | 266 shares of Arconic (ARNC) | $7,443 | 2022-06-25 |
| 2 | 225 shares of Freshworks (FRSH) | $2,932 | 2022-07-22 |
| 2 | 358 shares of Procore Technologies | $20,191 | 2022-10-06 |
| 2 | 599 shares of Toast (TOST) | $10,746 | 2022-10-06 |
| 2 | 8,395 shares of Nu Holdings (NU) | $39,373 | 2022-10-06 |
| 2 | 6,000 shares of JD.com | $339,540 | 2022-12-18 |
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 |
|---|---|---|
| FedEx Corporation (FDX) - 21,363 shares | $2,496,472 | $3,700,072 |
| BP Corp. (BP) - 1,058 shares | $2,662 | $36,956 |
| Berkshire Hathaway Class B (BRK.B) - 6,415 shares | $681,175 | $1,981,593 |
| Truist Financial Corp (TFC) - 2,266 shares | $4,753 | $97,506 |
| JD.Com Incorporated (JD) - 15,036 shares | $373,001 | $843,971 |
| American Express (AXP) - 2,334 shares | $232,700 | $344,849 |
| Ameriprise Financial, Inc (AMP) - 466 shares | $79,970 | $145,098 |
| Amgen, Inc (AMGN) - 200 shares | $35,050 | $52,528 |
| IBM (IBM) - 264 shares | $40,667 | $37,195 |
| Coca Cola (KO) - 950 shares | $228 | $60,429 |
| Kyndryl Holdings, Inc. (KD) - 52 shares | $1,678 | $578 |
| Roblox Corporation (RBLX) - 1,092 shares | $4,947 | $31,078 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Longleaf Partners Fund (LLPFX) - 2,715.393 shares | AT COST | $61,341 | $49,583 |
| Longleaf Partners Small Cap Fund (LLSCX) - 52,759.347 shares | AT COST | $1,401,909 | $1,106,891 |
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 | $301 | $0 | $0 |
| 2022 TN Annual Report Fee | $20 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Book value adjustment on contributed assets | Desc |
| Amt | $1,064,900 | Amt |
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 |