CHARLES H BOYLE FON INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES H BOYLE FON INC (EIN 23-7256010)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-02
- IRS object ID
- 202113069349101116
- Schema version
- 2020v4.1
- 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 Decreases Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-02T14:35:01-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | 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 | 2021-11-02 | 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 | 999009999 | SSN |
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 | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,151,321 | 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 | $1,016,793 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,697 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,697 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $161,648 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $161,648 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,344,546 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,696,396 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,344,546 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,525,684 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,508,891 | 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 |
| Taxes Rev And Expnss | $7,856 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $421 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,277 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,363,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,363,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,371,427 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,363,150 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,154,257 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,508,891 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $8,589 | CashBOYAmt |
| Cash EOY | $197,563 | CashEOYAmt |
| Cash EOYFMV | $197,563 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,432,234 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,661,914 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,661,914 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,664,346 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,417,023 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,006,302 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,361,439 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,432,099 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,285,542 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,466,608 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,708,599 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,151,321 | 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 | $3,133,229 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,375,220 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,466,608 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,708,599 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,466,608 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,708,599 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,466,608 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,154,257 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,620,865 | SubtotalAmt |
| Other Decreases | $912,266 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,708,599 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 5,000 shrs JD.co, | D | 2015-09-01 | 2020-05-06 | $209,876 | $6,830 | $203,046 | $203,046 |
| 5,655 shrs Peloton | D | 2014-02-18 | 2020-05-26 | $254,387 | $2,511 | $251,876 | $251,876 |
| 1,000 shrs FedEx | D | 2018-12-14 | 2020-10-27 | $280,572 | $146,900 | $133,672 | $133,672 |
| 500 shrs Proctor & Gamble | D | 1936-01-19 | 2020-11-05 | $70,322 | $70 | $70,252 | $70,252 |
| 300 shrs Peloton | D | 2014-02-18 | 2020-11-05 | $33,035 | $144 | $32,891 | $32,891 |
| 400 shrs FedEx | D | 2018-12-14 | 2020-11-05 | $108,972 | $3,018 | $105,954 | $105,954 |
| 1,200 shrs JD.com | D | 2015-09-01 | 2020-11-05 | $98,266 | $1,639 | $96,627 | $96,627 |
| 2,000 shrs FedEx | D | 2007-12-21 | 2020-12-10 | $600,252 | $190,738 | $409,514 | $409,514 |
| Capital Gains Dividends | P | $40,714 | $40,714 | $40,714 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,344,546 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $20,974 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $20,974 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $20,974 | 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 |
| Es Penalty | $151 | EsPenaltyAmt |
| Tax Due | $21,125 | 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 | $8,922,228 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,430,967 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,353,195 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,353,195 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $185,298 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,167,897 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $608,395 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $608,395 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $20,974 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $20,974 | TotalTaxAmt |
| Distributable Before Adj | $587,421 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $587,421 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $587,421 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,363,150 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,363,150 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,363,150 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $587,421 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $467,298 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,363,150 | QualifyingDistributionsAmt |
| Applied To Year1 | $467,298 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $587,421 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $308,431 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $308,431 | 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 | $308,431 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $308,431 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| A Step Ahead Foundation | |||||||
| 666 West Drive | Memphis | TN | 38119 | None | Public | To further donee's 501(c)(3) purposes | $350,000 |
| Brinkley Heights Urban Academy | |||||||
| 3260 Macon Road | Memphis | TN | 38122 | None | Public | To further donee's 501 (c)(3) purposes | $10,000 |
| 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 |
| Federation for American Immigration | |||||||
| 25 Massachusetts Ave NW Suite 330 | Washington | DC | 20001 | None | Public | To further donee's 501(c)(3) purposes | $15,000 |
| Germantown Presbyterian Church | |||||||
| 2363 Germantown Road South | Memphis | TN | 38138 | None | Public | To further donee's 501(c)(3) purposes | $18,150 |
| InterVarsity Christian Fellowship | |||||||
| P O Box 7895 | Madison | WI | 53707 | None | Public | To further donee's 501(c)(3) purposes | $4,000 |
| Life Choices of Memphis | |||||||
| 5575 Raleigh LaGrange Road | Memphis | TN | 38134 | None | Public | To further donee's 501(c)(3) purposesTo further donee's 501(c)(3) purposes | $1,000 |
| Mission Guatemala | |||||||
| P O Box 2157 | New Albany | IN | 47151 | 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 | $110,000 |
| SIM | |||||||
| P O Box 7900 | Charlotte | NC | 282417900 | None | Public | To further donee's 501(c)(3) purposes | $15,000 |
| Slingshot Memphis Inc | |||||||
| 802 Rozelle Street | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $100,000 |
| Memphis University School | |||||||
| 6191 Park Avenue | Memphis | TN | 38119 | None | Public | To further donee's 501(c)(3) purposes | $5,000 |
| The Heritage Foundation | |||||||
| 214 Massachusetts Ave NE | Washington | DC | 20002 | None | Public | To further donee's 501(c)(3) purposes | $5,000 |
| Memphis Brooks Museum | |||||||
| 1934 Poplar Avenue | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $300,000 |
| American Family Association | |||||||
| PO Drawer 2440 | Tupelo | MS | 38803 | None | Public | To further donee's 501(c)(3) purposes | $10,000 |
| Church Health Center | |||||||
| 1210 Peabody Avenue | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $100,000 |
| Metropolitan Inter-Faith Association | |||||||
| 910 Vance Avenue | Memphis | TN | 38126 | None | Public | To further donee's 501(c)(3) purposes | $100,000 |
| The Salvation Army | |||||||
| 696 Jackson Avenue | Memphis | TN | 38105 | None | Public | To further donee's 501(c)(3) purposes | $100,000 |
| Boys and Girls Clubs of Greater Memphis | |||||||
| 44 S Rembert St | Memphis | TN | 38104 | None | Public | To further donee's 501(c)(3) purposes | $50,000 |
| Mid-South Food Bank | |||||||
| 3865 South Perkins Road | Memphis | TN | 38118 | None | Public | To further donee's 501(c)(3) purposes | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,363,150 | 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 | $2,697 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $161,648 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,344,546 | 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 | $1,508,891 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,508,891 | 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 $2,697 of interest income was derived from a money market fund. |
| 4 | The $161,648 of dividend income was derived from corporate securities. |
| 8 | The $1,344,546 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 (4 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 | $255,097 | Yes (X) |
| J Bayard Boyle Jr | ||||||
| 2 | 5900 Poplar Ave | Memphis | TN | 38119 | $308,858 | Yes (X) |
| Henry W Morgan Sr | ||||||
| 3 | 5900 Poplar Ave | Memphis | TN | 38119 | $301,450 | Yes (X) |
| Bayard B Morgan | ||||||
| 4 | 5900 Poplar Ave | Memphis | TN | 38119 | $151,388 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (9 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 5,655 shares of Peloton (PTON) | $255,097 | 2020-05-02 |
| 2 | 400 shares of FedEx (FDX) | $106,792 | 2020-11-02 |
| 2 | 1,200 shares of JD.com (JD) | $98,784 | 2020-11-02 |
| 2 | 300 shares of Peloton (PTON) | $34,032 | 2020-11-02 |
| 2 | 500 shares of Procter & Gamble (PG) | $69,250 | 2020-11-02 |
| 3 | 1,000 shares of FedEx (FDX) | $301,450 | 2020-12-08 |
| 4 | 950 shares of Coca-Cola (KO) | $50,426 | 2020-12-23 |
| 4 | 180 shares of FedEx (FDX) | $48,728 | 2020-12-23 |
| 4 | 4,100 shares of First Horizon (FHN) | $52,234 | 2020-12-23 |
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 |
|---|---|---|
| First Horizon Corp (FHN) - 49,161 shares | $290,940 | $627,294 |
| Regions Financial (RF) - 27,239 shares | $185,423 | $439,093 |
| FedEx Corporation (FDX) - 21,363 shares | $2,496,472 | $5,546,262 |
| BP Corp. (BP) - 1,058 shares | $2,662 | $21,710 |
| Berkshire Hathaway Class B (BRK.B) - 6,200 shares | $675,157 | $1,437,594 |
| Truist Financial Corp (TFC) - 2,266 shares | $4,753 | $108,609 |
| JD.Com Incorporated (JD) - 15,036 shares | $373,001 | $1,321,664 |
| American Express (AXP) - 2,334 shares | $232,700 | $282,204 |
| Ameriprise Financial, Inc (AMP) - 466 shares | $79,970 | $90,558 |
| Amgen, Inc (AMGN) - 200 shares | $35,050 | $45,984 |
| IBM (IBM) - 264 shares | $40,667 | $33,232 |
| Coca Cola (KO) - 950 shares | $228 | $52,098 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Longleaf Partners Fund (LLPFX) - 2,405.686 shares | AT COST | $54,503 | $52,276 |
| Longleaf Partners Small Cap Fund (LLSCX) - 51,709.270 shares | AT COST | $1,377,596 | $1,233,266 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Adjustment | Desc |
| Amt | $912,266 | 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 | $401 | $0 | $0 |
| 2020 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 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 2018 Excise Tax on Investments | CategoryTxt |
| Amt | $7,856 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |