DAY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: DAY FOUNDATION (EIN 64-6025122)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202113199349107031
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
Accounting Fees Schedule
All Oth Prog Rltd Investments Sch
Cash Deemed Charitable Expln Stmt
Investments Other Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T15:07:36-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	620428728	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	REYNOLDS BONE & GRIESBECK PLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5100 WHEELIS DRIVE SUITE 300	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	381174568	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	646025122	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE DAY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DAYF	BusinessNameControlTxt
Phone	9016822431	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5100 WHEELIS DRIVE NO 300	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38117	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WILLIAM G GRIESBECK TRUSTEE	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	9016822431	PhoneNum
Signature	2021-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	WILLIAM	PersonFirstNm
Person Last	GRIESBECK TRUSTEE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LEE H GRIESBECK	PreparerPersonNm
PTIN	P00052954	PTIN
Phone	9016822431	PhoneNum
Preparation	2021-11-15	PreparationDt

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	$170,038,097	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	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$177,042	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$177,042	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$781,074	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$756,836	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$12,752,289	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$50,681,669	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$12,754,428	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$1,548	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$1,548	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$13,711,953	TotalRevAndExpnssAmt
Total Net Invst Incm	$13,689,854	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$260,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$90,000	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$170,000	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$60,402	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$30,201	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$30,201	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$308,561	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$308,561	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$119,662	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$61,495	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$724,889	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$691,830	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$28,118	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,473,514	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$1,182,087	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$228,319	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$7,787,320	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$7,787,320	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$9,260,834	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$1,182,087	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$8,015,639	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$4,451,119	ExcessRevenueOverExpensesAmt
Net Investment Income	$12,507,767	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$7,611,857	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$15,124,493	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$15,124,493	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$141,769,131	OtherInvestmentsBOYAmt
Other Investments EOY	$153,880,967	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$153,880,967	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$1,125,862	OtherAssetsBOYAmt
Other Assets EOY	$1,032,637	OtherAssetsEOYAmt
Other Assets EOYFMV	$1,032,637	OtherAssetsEOYFMVAmt
Total Assets BOY	$150,506,850	TotalAssetsBOYAmt
Total Assets EOY	$170,038,097	TotalAssetsEOYAmt
Total Assets EOYFMV	$170,038,097	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$150,506,850	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$170,038,097	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$150,506,850	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$170,038,097	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$150,506,850	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$170,038,097	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$150,506,850	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$4,451,119	ExcessRevenueOverExpensesAmt
Other Increases	$15,080,128	OtherIncreasesAmt
Subtotal	$170,038,097	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$170,038,097	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BROOKSIDE CAYMAN, LIMITED	D	2020-01-23	$7,412	$13,761	-$6,349	-$6,349
HCP ABSOLUTE RETURN FUND	P	2020-01-30	$23,336,321	$19,374,299	$3,962,022	$3,962,022
BROOKSIDE CAYMAN, LIMITED	D	2020-04-21	$8,227	$17,631	-$9,404	-$9,404
BROOKSIDE CAYMAN, LIMITED	D	2020-04-28	$4,086		$4,086	$4,086
HCP ABSOLUTE RETURN FUND	P	2020-05-29	$2,552,441	$192,808	$2,359,633	$2,359,633
HCP ABSOLUTE RETURN FUND	P	2020-07-01	$1,927	$131	$1,796	$1,796
PROSPECT HARBOR	P	2020-09-23	$5,559	$1,907	$3,652	$3,652
GT INTERNATIONAL EQUITY QP FUND, LP	P	2020-10-09	$9,767,000	$9,049,828	$717,172	$717,172
GT EMERGING MARKETS QP, LP	P	2020-10-19	$3,211,800	$3,123,469	$88,331	$88,331
BROOKSIDE CAYMAN, LIMITED	D	2020-10-22	$309	$533	-$224	-$224
CHARLES SCHWAB - 5220 (MULBERRY)	P		$806,193	$655,722	$150,471	$150,471
CHICKASAW - 0031	P		$150,413	$237,616	-$87,203	-$87,203
CHICKASAW - 0031	P		$3,321,745	$5,247,537	-$1,925,792	-$1,925,792
VANGUARD - 6769	P		$14,910	$11,999	$2,911	$2,911
FROM K-1 - MPLX LP	P		$203		$203	$203
FROM K-1 - GT INTERNATIONAL EQUITY QP FUND, LP	P		$962,005		$962,005	$962,005
FROM K-1 - GT SPECIAL OPPORTUNITIES III, LP	P		$114,292		$114,292	$114,292
FROM K-1 - GT SPECIAL OPPORTUNITIES III, LP	P		$715,621		$715,621	$715,621
FROM K-1 - GT EMERGING MARKETS QP, LP	P		$405,212		$405,212	$405,212
FROM K-1 - DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP	P		$445		$445	$445
FROM K-1 - DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP	P		$327		$327	$327
FROM K-1 - LONE CASCADE (CA50109)	P		$1,009,609		$1,009,609	$1,009,609
FROM K-1 - LONE CASCADE (CA50109)	P		$1,729,974		$1,729,974	$1,729,974
FROM K-1 - LONE CASCADE (CA50425)	P		$909,693		$909,693	$909,693
FROM K-1 - LONE CASCADE (CA50425)	P		$1,645,945		$1,645,945	$1,645,945

Field	Value	IRS element (for citing)
Capital Gain Net Income	$12,754,428	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$173,858	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$173,858	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$173,858	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$62,480	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$50,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$112,480	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$2,241	EsPenaltyAmt
Tax Due	$63,619	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	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	TN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	WILLIAM G GRIESBECK TRUSTEE	IndividualWithBooksNm
Phone	9016822431	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	5100 WHEELIS DRIVE SUITE 300	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38117	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 (3 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 RICHARD BUCHIGNANI
6065 RIVER OAKS COVE	MEMPHIS	TN	38120	PRESIDENT/TRUSTEE	20.00	$130,000	$0	$0
WILLIAM G GRIESBECK
5100 WHEELIS DRIVE SUITE 300	MEMPHIS	TN	38117	VP-TREASURER/TRUSTEE	20.00	$130,000	$0	$0
C THOMAS WHITMAN
257 MEADOWGROVE LANE	MEMPHIS	TN	38120	TRUSTEE AS NECESSARY	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
HALL CAPITAL PARTNERS LLC
ONE MARITIME PLAZA5TH FLOOR	SAN FRANCISCO	CA	94111	INVESTMENT MANAGER	$286,289
REYNOLDS BONE & GRIESBECK PLC
5100 WHEELIS DR STE 300	MEMPHIS	TN	38117	ACCOUNTANT	$54,502

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt
Expenses1	$0	Expenses1Amt
All Other Program Rltd Invst Tot	$0	AllOtherProgramRltdInvstTotAmt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$126,569,561	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$19,675,575	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$146,245,136	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$146,245,136	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$19,675,574	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$126,569,562	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$6,328,478	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$6,328,478	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$173,858	TaxBasedOnInvestmentIncomeAmt
Total Tax	$173,858	TotalTaxAmt
Distributable Before Adj	$6,154,620	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$6,154,620	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$6,154,620	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$8,015,639	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$8,015,639	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$8,015,639	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$6,154,620	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$7,063,568	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$6,951,118	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,256,079	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$4,043,282	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$626,637	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$20,940,684	TotalExcessDistributionCyovAmt
Qualifying Distributions	$8,015,639	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$6,154,620	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$1,861,019	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$22,801,703	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	$7,063,568	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$15,738,135	ExcessDistriCyovToNextYrAmt
Excess From Year4	$6,951,118	ExcessFromYear4Amt
Excess From Year3	$2,256,079	ExcessFromYear3Amt
Excess From Year2	$4,043,282	ExcessFromYear2Amt
Excess From Year1	$626,637	ExcessFromYear1Amt
Excess From Current Year	$1,861,019	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
JUNIOR ACHIEVEMENT OF MEMPHIS
PO BOX 1015	CORDOVA	TN	38008	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$1,000,000
UGA HERO'S
PO BOX 7732	ATLANTA	GA	30604		PUBLIC CHARITY	OPERATING SUPPORT	$30,000
SPECIAL OLYMPICS OF GREATER MEMPHIS
1355 LYNNFIELD RD STE 273	MEMPHIS	TN	38119	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$75,000
THE CATHOLIC DIOCESE OF MEMPHIS
5825 SHELBY OAKS DRIVE	MEMPHIS	TN	38134	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$29,400
KARAT PLACE INC
829 NORTH PARKWAY	MEMPHIS	TN	38105	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$25,000
DIXON GALLERY AND GARDENS
4339 PARK AVENUE	MEMPHIS	TN	38117	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$5,000
FIRST PRESBYTERIAN SOUP KITHCEN
166 POPLAR AVE	MEMPHIS	TN	38103	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$10,000
ST MARY'S SOUP KITCHEN
155 MARKET ST	MEMPHIS	TN	38105	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$10,000
A STEP AHEAD FOUNDATION
PO BOX 41601	MEMPHIS	TN	38174	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$100,000
ANGELSTREET
PO BOX 93	CORDOVA	TN	38088	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$30,000
BINGHAMPTON CHRISTIAN ACADEMY
175 TILMAN ST	MEMPHIS	TN	38111	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$110,000
CHRISTIAN BROTHERS HIGH SCHOOL
5900 WALNUT GROVE	MEMPHIS	TN	38120	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$300,000
COMMUNITY FOUNDATION OF GREATER MEMPHIS
1900 UNION AVENUE	MEMPHIS	TN	38104	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$57,520
FORREST SPENCE FUND
PO BOX 770478	MEMPHIS	TN	38177	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$20,000
IMMACULATE CONCEPTION CATHEDRAL SCHOOL
1695 CENTRAL AVENUE	MEMPHIS	TN	38104	NONE	PUBLIC CHARITY	SCHOLARSHIPS	$1,000
MADONNA LEARNING CENTER
7007 POPLAR AVENUE	GERMANTOWN	TN	38138	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$20,000
MAYO SCHOOL OF HEALTH SCIENCES
200 FIRST STREET SW	ROCHESTER	MN	55905	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$200,000
MEMPHIS BOTANIC GARDEN
750 CHERRY ROAD	MEMPHIS	TN	38117	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$100,000
MEMPHIS SHELBY COUNTY CRIME COMMISSION
600 JEFFERSON AVENUE STE 400	MEMPHIS	TN	38105	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$25,000
MID-SOUTH FOOD BANK
239 S DUDLEY ST	MEMPHIS	TN	38104	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$350,000
MOST (MEMPHIS OPPORTUNITY SCHOLARSHIP TRUST)
1000 RIDGEWAY LOOP RD SUITE 205	MEMPHIS	TN	38120	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$100,000
NEW DAY SCHOOLS INC
61 NORTH MCLEAN BOULEVARD	MEMPHIS	TN	38104	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$60,000
PORTER-LEATH CHILDREN'S CENTER
868 N MANASSAS ST	MEMPHIS	TN	38107	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$250,000
RACHEL'S KIDS INC
2486 POPLAR AVENUE	MEMPHIS	TN	38112	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$10,000
REACH MEMPHIS
4646 POPLAR AVENUE SUITE 327	MEMPHIS	TN	38117	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$75,000
RHODES COLLEGE
2000 NORTH PARKWAY	MEMPHIS	TN	38112	NONE	PUBLIC CHARITY	CTHRASHER - 05/10/19 09:46AM INTERVIEW FORM PF-19	$1,415,000
SRVS
3971 KNIGHT ARNOLD ROAD	MEMPHIS	TN	38118	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$100,000
ST AGNES ACADEMY-ST DOMINIC SCHOOL
4830 WALNUT GROVE	MEMPHIS	TN	38117	NONE	PUBLIC CHARITY	SCHOLARSHIPS	$104,400
ST PATRICK CATHOLIC CHURCH
277 S 4TH ST	MEMPHIS	TN	38126	NONE	PUBLIC CHARITY	JKATOOL - 11/09/21 02:40PM WORKSHEET PRIVATE FOUNDATION	$40,000
THE DOROTHY DAY HOUSE
1429 POPLAR AVENUE	MEMPHIS	TN	38104	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$25,000
THE DOROTHY DAY HOUSE
1429 POPLAR AVENUE	MEMPHIS	TN	38104	NONE	PUBLIC CHARITY	CTHRASHER - 05/10/19 09:49AM INTERVIEW FORM PF-19	$10,000
VISIBLE MUSIC COLLEGE
200 MADISON AVENUE	MEMPHIS	TN	38103	NONE	PUBLIC CHARITY	OPERATING SUPPORT	$100,000
YOUTH VILLAGES
PO BOX 341154	MEMPHIS	TN	38184	NONE	PUBLIC CHARITY	NATIONAL GROWTH PLAN	$3,000,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$7,787,320	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)
Exclusion	14	ExclusionCd
Exclusion	$177,042	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$781,074	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,548	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$12,752,289	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$13,711,953	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13,711,953	TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	REYNOLDS, BONE & GRIESBECK	CategoryTxt
Amt	$60,402	Amt
Net Investment Income	$30,201	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$30,201	DisbursementsCharitablePrpsAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Desc	NONE	Desc
Amt	$0	Amt

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

Field	Value	IRS element (for citing)
Short Explanation	THE FOUNDATION RETAINS SEPARATE ACCOUNTS THAT ARE EITHER NON-INTEREST BEARING OR EARN ONLY MINIMAL INTEREST SPECIFICALLY FOR THE PURPOSE OF MAKING GRANTS AND PAYING FOR THE OTHER NECESSARY OPERATING EXPENSES OF THE FOUNDATION. THE REMAINING INVESTMENTS THAT THE FOUNDATION HOLDS ARE NOT READILY LIQUID SO THE FOUNDATION MUST MAINTAIN AN AMOUNT LARGER THAN 1.5% OF ITS TOTAL INVESTMENTS AS CASH HELD FOR CHARITABLE ACTIVITIES.	ShortExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (16 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
LONE CEDAR, LP	AT COST	$5,741,748	$5,741,748
BROOKSIDE CAYMAN	AT COST	$12,007	$12,007
PROSPECT HARBOR CREDIT PARTNERS,LP	AT COST	$391	$391
LONE CASCADE, LP	AT COST	$29,600,975	$29,600,975
GT GLOBAL HEDGE FUND	AT COST	$36,413,530	$36,413,530
GT PARTNERS FUND	AT COST	$31,827,154	$31,827,154
BUENA VISTA ASIAN OPPORTUNITIES OFFSHORE FUND	AT COST	$3,144,000	$3,144,000
CHARLES SCHWAB	AT COST	$49	$49
CHARLES SCHWAB TRUST	AT COST	$923,562	$923,562
CEVIAN CAPITAL	AT COST	$3,544,066	$3,544,066
GT SPECIAL OPPS III	AT COST	$7,234,098	$7,234,098
GT INTERNATIONAL EQUITY QP FUND, LP	AT COST	$590,166	$590,166
GT EMERGING MARKETS (QP), LP	AT COST	$519,973	$519,973
VANGUARD	AT COST	$25,625,362	$25,625,362
CHICKASAW SECURITIES	AT COST	$3,396,078	$3,396,078
MULBERRY STREET FUND	AT COST	$5,307,808	$5,307,808

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DAY HOLDINGS INVESTMENT	$92,446	$90,832	$90,832
ABERDEEN HOLDINGS INVESTMENT	$1,033,416	$941,805	$941,805

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK SERVICE FEES	$266	$266	$0
BUSINESS MEALS	$219	$0	$219
INSURANCE EXPENSES	$11,536	$0	$11,536
PAYROLL TAX EXPENSE	$19,890	$6,630	$13,620
OTHER MISC OPERATING EXPENSES	$3,000	$0	$2,699
PHILLIPS 66 PARTNERS - OTHER DEDUCTIONS	$2	$0	$2
MPLX LP - OTHER DEDUCTIONS	$1	$0	$1
MAGELLAN MIDSTREAM PARTNERS, LP - OTHER DEDUCTIONS	$28	$0	$28
ENABLE MIDSTREAM PARTNERS - OTHER DEDUCTIONS	$1	$0	$1
GT INTERNATIONAL EQUITY QP - OTHER DEDUCTIONS	$118,230	$118,230	$0
GT SPECIAL OPPORTUNITIES III, LP - OTHER DEDUCTIONS	$89,627	$89,627	$0
GT EMERGING MARKETS QP LP - OTHER DEDUCTIONS	$61,905	$61,905	$0
DRAWBRIDGE SPECIAL OPPORTUNITIES FUND - OTHER DEDUCTIONS	$9,348	$9,336	$12
LONE CASCADE (CA50109) - OTHER DEDUCTIONS	$236,127	$231,127	$0
LONE CASCADE (CA50425) - OTHER DEDUCTIONS	$106,043	$106,043	$0
GT INTERNATIONAL EQUITY QP FUND LP - OTHER INCOME	$17,671	$17,671	$0
ABERDEEN GRAVEL PROFESSIONAL EXPENSES	$50,995	$50,995	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
WHITNEY ROYALTIES (THROUGH DAY HOLDINGS LLC)	$1,649	$1,649	$1,649
GT SPECIAL OPPORTUNITIES FUND III LP - OTHER INCOME	$2,490	$2,490	$2,490
GT EMERGING MARKETS QP - LP	$3,490	$3,490	$3,490
DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP - OTHER INCOME	-$51	-$51	-$51
LONE CASCADE (CA50109) - OTHER INCOME	-$3,226	-$3,226	-$3,226
LONE CASCADE (CA50425) - OTHER INCOME	-$2,804	-$2,804	-$2,804

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDesc	AmtAmt
INCREASE IN FMV OF SECURITIES	$14,949,841
NON-DIVIDEND DISTRIBUTIONS	$130,287

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
HALL CAPITAL PARTNERS LLC	$252,171	$252,171	$0
OTHER INVESTMENT ADVISORY FEES	$56,390	$56,390	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL INCOME TAX	$58,167	$0	$0
STATE INCOME TAXES (DAY HOLDINGS)	$250	$250	$0
FOREIGN TAX WITHHELD	$58,839	$58,839	$0
PROPERTY TAXES	$2,406	$2,406	$0