Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE KNOX FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)3133 WASHINGTON ROAD NW   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
THOMSON, GA30824
A Employer identification number

58-6163728
B Telephone number (see instructions)

(706) 595-1907
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$74,700,656J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule).............. 751,221
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 1,844,770 1,844,770 1,844,770
5a Gross rents.............. 396,654 396,654 396,654
b Net rental income or (loss) 271,211
6a Net gain or (loss) from sale of assets not on line 10 4,036,584
b Gross sales price for all assets on line 6a 17,426,342
7 Capital gain net income (from Part IV, line 2)... 4,036,584
8 Net short-term capital gain......... 542,678
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 16,465    
12 Total. Add lines 1 through 11........ 7,045,694 6,278,008 2,784,102
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 246,600 123,300   123,300
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 61,625 30,813   30,812
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,400 4,200   4,200
c Other professional fees (attach schedule).... Click to see attachment 233,459 233,459    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 201,971 14,795   9,339
19 Depreciation (attach schedule) and depletion... Click to see attachment 110,408 110,408  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 161,565 143,558   18,007
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,024,028 660,533   185,658
25 Contributions, gifts, grants paid........ 2,611,001 2,611,001
26 Total expenses and disbursements. Add lines 24 and 25 3,635,029 660,533   2,796,659
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,410,665
b Net investment income (if negative, enter -0-) 5,617,475
c Adjusted net income (if negative, enter -0-)... 2,784,102
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 442,332 1,615,967 1,615,967
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........   34,436  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 60,500,081 66,933,171 61,711,028
c Investments—corporate bonds (attach schedule)........     3,857,113
11 Investments—land, buildings, and equipment: basis bullet6,379,960
Less: accumulated depreciation (attach schedule) bullet1,555,869 4,814,887 Click to see attachment4,824,091 6,379,961
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     987,532
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment201,336 Click to see attachment149,055 Click to see attachment149,055
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 65,958,636 73,556,720 74,700,656
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment200 Click to see attachment200
23 Total liabilities (add lines 17 through 22).......... 200 200
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 65,958,436 73,556,520
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 65,958,436 73,556,520
31 Total liabilities and net assets/fund balances (see instructions).. 65,958,636 73,556,720
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 65,958,436
2 Enter amount from Part I, line 27a..................... 2 3,410,665
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 4,241,459
4 Add lines 1, 2, and 3.......................... 4 73,610,560
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 54,040
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 73,556,520
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 800 ALBEMARLE CORPORATION P 2013-04-10 2014-01-03
b 800 NORTHERN TR CORPORATION P 2014-05-19 2014-11-25
c 2400 TARGET CORPORATION P 2013-11-01 2014-05-09
d 5000 ALBEMARLE CORPORATION P 2011-10-28 2014-01-03
e 500 BAXTER INTERNATIONAL INC. P 2013-04-10 2014-05-19
250 HELMERICH & PAYNE INC. P 2012-09-26 2014-04-15
350 HELMERICH & PAYNE INC. P 2012-09-26 2014-05-19
9000 LINEAR TECHNOLOGY CORPORATION P 2007-02-13 2014-12-09
6210 NORTHERN TR CORPORATION P 2013-04-03 2014-11-25
5800 QUALCOMM P 2013-05-13 2014-11-03
5100 TARGET CORPORATION P 2010-10-15 2014-05-09
1200 TEXAS INSTRUMENTS P 2012-07-11 2014-05-19
6500 WALGREEN COMPANY P 2012-12-20 2014-08-19
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 50,260   48,765 1,495
b 54,190   48,162 6,028
c 141,048   146,838 -5,790
d 314,123   276,078 38,045
e 37,248   35,608 1,640
27,078   11,775 15,303
36,936   16,485 20,451
410,710   278,097 132,613
420,653   338,272 82,381
453,805   378,043 75,762
299,728   272,942 26,786
54,547   33,206 21,341
402,451   243,736 158,715
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,495
b       6,028
c       -5,790
d       38,045
e       1,640
      15,303
      20,451
      132,613
      82,381
      75,762
      26,786
      21,341
      158,715
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,036,584
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 542,678
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 3,091,558 59,217,067 0.05221
2012 2,891,130 62,209,683 0.04647
2011 2,727,299 59,134,668 0.04612
2010 2,164,796 53,977,125 0.04011
2009 2,955,178 47,045,570 0.06282
2 Total of line 1, column (d) ...................... 2 0.24772
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.04954
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 63,947,157
5 Multiply line 4 by line 3....................... 5 3,168,198
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 56,175
7 Add lines 5 and 6......................... 7 3,224,373
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,796,659
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 112,350
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 112,350
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 112,350
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 132,400
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 132,400
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 779
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 19,271
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet19,271 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJEFFERSON KNOX Telephone no.bullet (706) 595-1907
    Located atbullet3133 Washington Rd N WTHOMSONGA ZIP+4bullet30824
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JEFFERSON B A KNOX DIRECTOR
    40.00     		120,000 30,000  
    P O BOX 26
    THOMSON,GA30824
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    JUDY WHIDDON ADMINISTRATIVE
    40.00     		105,000 26,000  
    PO BOX 26
    THOMSON,GA30824
    ELIZABETH K HOPKINS ADMINISTRATIVE
    10.00     		21,600 5,625  
    2248 CUMMING ROAD
    AUGUSTA,GA30904
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    63,716,626
    b
    Average of monthly cash balances.......................
    1b
    1,029,150
    c
    Fair market value of all other assets (see instructions)................
    1c
    175,196
    d
    Total (add lines 1a, b, and c).........................
    1d
    64,920,972
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    64,920,972
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    973,815
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    63,947,157
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,197,358
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,197,358
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    112,350
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    112,350
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,085,008
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,085,008
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,085,008
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,796,659
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,796,659
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,796,659
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 3,085,008
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 2,592,149
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,796,659
    a Applied to 2013, but not more than line 2a 2,592,149
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 204,510
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		2,880,498
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KNOX FOUNDATION
    3133 WASHINGTON RD
    THOMSON,GA30814
    (706) 595-1907
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORMAT
    cAny submission deadlines:
    NO SPECIFIC DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AUGUSTA BALLET INC
    1301 GREEN ST
    AUGUSTA,GA30904     		NONE EXEMPT GENERL SUPPORT 45,000
    AUGUSTA CHILDREN CHORALE
    PO BOX 115383
    AUGUSTA,GA30919     		NONE EXEMPT GENERL SUPPORT 15,000
    AUGUSTA CHORAL SOCIETY
    PO BOX 1402
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 28,000
    AUGUSTA PLAYERS INC
    PO BOX 2352
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 35,000
    AUGUSTA SYMPHONY
    PO BOX 579
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 365,000
    CSRA HUMANE SOCIETY
    PO BOX 14667
    AUGUSTA,GA30919     		NONE EXEMPT GENERL SUPPORT 25,000
    GACAROLINA COUNCILBSA
    PO BOX 2247
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 15,000
    GERTRUDE HERBERT ART INS
    506 TELFAIR STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERL SUPPORT 45,000
    GOLDEN HARVEST FOOD BANK
    3310 COMMERCE DRIVE
    AUGUSTA,GA30909     		NONE EXEMPT GENERL SUPPORT 35,000
    GREATER AUGUSTA ARTS COUNCIL
    1301 GREEN STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERL SUPPORT 18,000
    THE HALE FOUNDATION
    402 WALKER STREET
    AUGUSTA,GA30902     		NONE EXEMPT GENERL SUPPORT 40,000
    HISTORIC AUGUSTA INC
    PO BOX 37
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 40,500
    SACRED HEART CULTURAL CENTER INC
    1301 GREENE STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERL SUPPORT 135,000
    UNITED WAY OF CSRA
    PO BOX 1724
    AUGUSTA,GA30904     		NONE EXEMPT GENERL SUPPORT 20,000
    EMPTY STOCKING FUND
    PO BOX 1928
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 5,000
    TUESDAY MUSIC LIVE
    605 REYNOLDS ST
    AUGUSTA,GA30901     		NONE EXEMPT GENERL SUPPORT 5,000
    AMERICAN CANCER SOCIETY
    PO BOX 539
    THOMSON,GA30824     		NONE EXEMPT GENERL SUPPORT 8,000
    ACTION MINISTRIES INC
    PO BOX 2001
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 50,000
    CHILD ENRICHMENT INC
    PO BOX 12036
    AUGUSTA,GA30914     		NONE EXEMPT GENERL SUPPORT 48,000
    AMERICAN RED CROSS
    1322 ELLIS STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERL SUPPORT 60,000
    FAMILY Y
    3617 WALTON WAY
    AUGUSTA,GA30909     		NONE EXEMPT GENERL SUPPORT 25,000
    SALVATION ARMY
    PO BOX 2523
    AUGUSTA,GA30903     		NONE EXEMPT GENERL SUPPORT 16,000
    WESLEYAN COLLEGE
    4760 FORSYTH ROAD
    MACON,GA31210     		NONE EXEMPT GENERL SUPPORT 20,000
    WIMBERLY HOUSE MINISTRIES
    PO BOX 50
    WAYNESBORO,GA30830     		NONE EXEMPT GENERL SUPPORT 10,000
    HOPE HOUSE FOR WOMEN
    PO BOX 3597
    AUGUSTA,GA30914     		NONE EXEMPT GENERAL SUPPORT 15,000
    BOYS GIRLS CLUB THOMSON
    1903 DIVISION STREET
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT 25,000
    FELLOWSHIP OF CHRISTIAN
    PO BOX 204168
    AUGUSTA,GA30917     		NONE EXEMPT GENERAL SUPPORT 5,000
    ACTIVITIES COUNCIL OF THOMSON
    PO BOX 674
    THOMSON,GA30824     		NONE EXEMPT GENERAL SUPPORT 140,000
    BOYS GIRLS CLUB CSRA
    206 MILLEDGE ROAD
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT 32,500
    AUGUSTA PREPARATORY DAY
    285 FLOWING WELLS ROAD
    AUGUSTA,GA30907     		NONE EXEMPT GENERAL SUPPORT 46,200
    AUGUSTA MUSEUM OF HISTORY
    560 REYNOLDS ST
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 155,000
    PHINIZY CENTER FOR WATER SCIENCES
    1858 LOCK DAM RD
    AUGUSTA,GA30906     		NONE EXEMPT GENERAL SUPPORT 20,000
    EASTER SEALS
    PO BOX 2441
    AUGUSTA,GA30903     		NONE EXEMPT GENERAL SUPPORT 75,000
    MCCALLIE SCHOOL
    500 DODDS AVENUE
    CHATTANOOGA,TN37404     		NONE EXEMPT GENERAL SUPPORT 5,000
    CHURCH OF THE GOOD SHEPHERD
    1105 FURYS LANE STE C
    MARTINEZ,GA30907     		NONE EXEMPT GENERAL SUPPORT 35,000
    MOLLIES MILITIA
    501 LAUREL LAKES DRIVE
    BELVEDERE,SC29860     		NONE EXEMPT GENERAL SUPPORT 10,000
    RACHEL LONGSTREET FOUNDATION
    PO BOX 2247
    AUGUSTA,GA30903     		NONE EXEMPT GENERAL SUPPORT 46,000
    UNIVERSITY HEALTH CARE FOUNDAT
    2100 CENTRAL AVE SUITE D-1
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT 21,000
    AUGUSTA MINI THEATRE
    430 8TH STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 15,000
    HERITAGE ACADEMY
    2230 BROAD STREET
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT 30,000
    JUD C HICKEY CENTER
    1901 CENTRAL AVE
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT 15,000
    WESTMINISTER SCHOOL
    3067 WHEELER ROAD
    AUGUSTA,GA30909     		NONE EXEMPT GENERAL SUPPORT 20,000
    ST JOHN UMC
    PO BOX 444
    AUGUSTA,GA30903     		NONE EXEMPT GENERAL SUPPORT 4,000
    STORYLAND THEATRE
    PO BOX 14875
    AUGUSTA,GA30919     		NONE EXEMPT GENERAL SUPPORT 17,000
    COLLEGE OF CHARLESTON FOUNDATI
    66 GEORGE STREET
    CHARLESTON,SC29424     		NONE EXEMPT GENERAL SUPPORT 15,000
    THE LYDIA PROJECT INC
    1321 ARSENAL AVE
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT 22,500
    UGA TEE-OFF CLUB
    120 PENDLETON DR
    ATHENS,GA30606     		NONE EXEMPT GENERAL SUPPORT 2,500
    COASTAL EMPIRE POLIO SURVIVORS
    112 VAN NUYS BLVD
    SAVANNAH,GA31419     		NONE EXEMPT GENERAL SUPPORT 3,000
    NEW BETHLEHEM COMMUNITY CTR
    1336 CONKLIN AVE
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 12,000
    GIRL SCOUTS OF HISTORIC GEORGIA
    4150 F A A ROAD
    CUMMING,GA30041     		NONE EXEMPT GENERAL SUPPORT 15,000
    MCDUFFIE COUNTY HOSPITAL FOUNDATION
    521 HILL ST SW
    THOMSON,GA30824     		NONE EXEMPT GENERAL SUPPORT 5,000
    ST SIMONS LAND TRUST
    1624 FREDERICA RD STE 6
    ST SIMONS ISLAND,GA31522     		NONE EXEMPT GENERAL SUPPORT 1,500
    THOMSON-MCDUFFIE CHAMBER OF COMMERC
    111 RAILROAD ST
    THOMSON,GA30824     		NONE EXEMPT GENERAL SUPPORT 4,500
    AUGUSTA CHRISTIAN SCHOOLS
    313 BASTON RD
    MARTINEZ,GA30907     		NONE EXEMPT GENERAL SUPPORT. 10,000
    AUGUSTA EXCHANGE CLUB CHARITY
    PO BOX 3884
    AUGUSTA,GA30914     		NONE EXEMPT GENERAL SUPPORT. 6,000
    IMPERIAL THEATER
    749 BROAT ST
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT. 18,000
    MADISON MORGAN CULTURAL CENTER
    434 S MAIN STREET
    MADISON,GA30650     		NONE EXEMPT GENERAL SUPPORT. 5,000
    TRINITY ON THE HILL
    1330 MONTE SANTO AVE
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT. 15,000
    UNITED METHODIST CHILDRENS HOME
    325 8TH STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT. 14,500
    AUGUSTA CHARITY CLASSIC FUND
    PO Box 204168
    AUGUSTA,GA30917     		NONE EXEMPT GENERAL SUPPORT 1,800
    AUGUSTA ROWING CLUB
    101 Riverfront Dr
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 17,000
    BIRDIE CLUB
    PO BOX 14127
    AUGUSTA,GA30919     		NONE EXEMPT GENERAL SUPPORT 11,000
    FIRST UNITED METHODIST CHURCH
    802 N Liberty St
    WAYNESBORO,GA30907     		NONE EXEMPT GENERAL SUPPORT 15,000
    FURMAN UNIVERSITY
    3300 Poinsett Highway
    GREENVILLE,SC29613     		NONE EXEMPT GENERAL SUPPORT 1,000
    GEORGIA PUBLIC BROADCASTING
    260 14th Street NW
    ATLANTA,GA30318     		NONE EXEMPT GENERAL SUPPORT 6,000
    HARRY JACOBS CHAMBER MUSIC SOCIETY
    Post Box No 15286
    AUGUSTA,GA30919     		NONE EXEMPT GENERAL SUPPORT 10,000
    LUCY CRAFT LANEY THE DELTA HOUSE IN
    1116 Phillips Street
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 7,500
    MORRIS MUSEUM OF ART
    1 Tenth Street
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 11,500
    SMILE TRAIN
    41 Madison Ave 28th Floor
    NEW YORK,NY10010     		NONE EXEMPT GENERAL SUPPORT 4,000
    AUGUSTA RICHMOND COUNTY PUBLIC LIBR
    823 TELFAIR STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 2,000
    AUGUSTA STATE UNIVERSITY FOUNDATION
    2500 WALTON WAY
    AUGUSTA,GA30904     		NONE EXEMPT GENERAL SUPPORT 1,000
    FIRST PRESBYTERIAN CHURCH OF AUGUST
    642 TELFAIR STREET
    AUGUSTA,GA30901     		NONE EXEMPT GENERAL SUPPORT 10,000
    GEORGIA HUMANITIES COUNCIL
    50 HERTZ PLAZA
    ATLANTA,GA30303     		NONE EXEMPT GENERAL SUPPORT 5,000
    GEORGIA STATE GOLF FOUNDATION
    121 VILLIAGE PARKWAY NORTHEAST
    MARIETTA,GA30067     		NONE EXEMPT GENERAL SUPPORT 5,000
    MACH ACADEMY INC
    1850 CHESTER AVE
    AUGUSTA,GA30906     		NONE EXEMPT GENERAL SUPPORT 10,000
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    50 HERTZ PLAZA
    ATLANTA,GA30303     		NONE EXEMPT GENERAL SUPPORT 5,500
    UNITED WAY OF MCDUFFIE COUNTY
    P O BOX 87
    THOMPSON,GA30824     		NONE EXEMPT GENERAL SUPPORT 10,000
    UGA FOUNDATION OF THE LEGACY ENDOWM
    P O BOX 1369
    DECATUR,GA30031     		NONE EXEMPT GENERAL SUPPORT 1,000
    ALZHEIMERS ASSOCIATION OF GA CHAPTE
    7022 EVANS TOWNE CENTER BLVD
    EVANS,GA30809     		N/A EXEMPT GENERAL SUPPORT 25,000
    EAST LAKE COMMUNITY FOUNDATION
    2606 ALSTON DRIVE
    ATLANTA,GA30317     		N/A EXEMPT GENERAL SUPPORT 5,000
    FIRESIDE INDUSTRIES
    P O BOX 2525
    AUGUSTA,GA30903     		N/A EXEMPT GENERAL SUPPORT 15,000
    MERCER UNIVERSITY
    1400 COLEMAN AVENUE
    MACON,GA31207     		N/A EXEMPT GENERAL SUPPORT 10,000
    SE FIREFIGHTERS BURN FOUNDATION
    3614 DEWEY GRAY CIRCLE BLDG C
    AUGUSTA,GA30909     		N/A EXEMPT GENERAL SUPPORT 5,000
    THOMSON MCDUFFIE LIBRARY
    WASHINGTON ROAD
    THOMSON,GA30324     		N/A EXEMPT GENERAL SUPPORT 5,600
    UGA ATHLETICS WILLIAM C HARTMAN JR
    UGA CAMPUS
    ATHENS,GA30602     		N/A EXEMPT GENERAL SUPPORT 16,138
    UGA FOUNDATION- TERRY COLLEGE OF BU
    UGA CAMPUS
    ATHENS,GA30602     		N/A EXEMPT GENERAL SUPPORT 4,500
    WOODLAWN METHODIST CHURCH
    2220 WALTON WAY
    AUGUSTA,GA30904     		N/A EXEMPT GENERAL SUPPORT 10,000
    AQUARIUS FOUNDATION INC
    P O BOX 1215
    ISLAMABORA,FL33036     		NONE EXEMPT EDUCATIONAL 10,000
    CENTER FOR NEW BEGINNINGS
    P O BOX 1066
    WAYNESBORO,GA30830     		NONE EXEMPT COMMUNITY OUTREACH 20,000
    COMMUNITY FOUNDATION FOR THE CSRA
    P O BOX 31358
    AUGUSTA,GA30903     		NONE EXEMPT COMMUNITY OUTREACH 25,500
    FAMILY PROMISE OF AUGUSTA
    2177 CENTRAL AVENUE
    AUGUSTA,GA30904     		NONE EXEMPT COMMUNITY OUTREACH 30,000
    GEORGIA 4-h FOUNDATION
    306 HOKE SMITH ANNEX
    ATHENS,GA30602     		NONE EXEMPT EDUCATIONAL 2,000
    NATURE CONVERVANCY IN GEORGIA
    P O BOX 2404
    AUGUSTA,GA30903     		NONE EXEMPT EDUCATIONAL 1,000
    THS BOOSTERS CLUB
    160 WHITE OAK ROAD
    THOMSON,GA30824     		N/A EXEMPT EDUCATIONAL 7,263
    UGA FOUNDATION
    394 SOUTH MILLEDGE AVENUE
    ATHENS,GA30602     		N/A EXEMPT EDUCATIONAL 9,000
    WALTON FOUNDATION FOR INDEPENDENCE
    1355 INDEPENDENCE DRIVE
    AUGUSTA,GA30901     		NONE EXEMPT COMMUNITY OUTREACH 20,000
    AUGUSTA WARRIOR PROJECT
    4115 COLUMBIA ROAD SUITE 5-333
    MARTINEZ,GA30907     		NONE EOF COMMUNITY OUTREACH 15,000
    EDGEFIELD COUNTY HISTORICAL SOCIETY
    108 COURTHOUSE SQUARE
    EDGEFIELD,SC29824     		NONE EOF COMMUNITY OUTREACH 20,000
    GILEAD GROUP
    P O BOX 565
    THOMSON,GA30824     		NONE EOF COMMUNITY OUTREACH 2,000
    HOLY TRINITY GREEK ORTHODOX CHURCH
    953 TELFAIR STREET
    AUGUSTA,GA30901     		NONE EOF RELIGIOUS 3,000
    LEUKEMIA LYMPHOMA SOCIETY
    4157 MULLIKIN ROAD
    EVANS,GA30809     		NONE EOF RESEARCH 500
    SAFE HOMES
    P O BOX 3187
    AUGUSTA,GA30914     		NONE EOF CAPITAL CAMPAIGN 100,000
    SOCIETY OF ST VINCENT DEPAUL
    1326 WASHINGTON ROAD
    THOMSON,GA30824     		NONE EOF COMMUNITY OUTREACH 2,500
    ST STEPHENS MINISTRY OF AUGUSTA
    P O BOX 2044
    AUGUSTA,GA30903     		NONE EOF RELIGIOUS 5,000
    TURN BACK THE BLOCK
    P O BOX 3366
    AUGUSTA,GA30914     		NONE EOF COMMUNITY OUTREACH 15,000
    WESLEY WOODS FOUNDATIONS
    1817 CLIFTON RD NE
    ATLANTA,GA30329     		NONE EOF EDUCATIONAL 100,000
    WHEN HELP CAN'T WAIT
    3822 COMMERCIAL COURT
    MARTINEZ,GA30907     		NONE EOF DONATION 3,000
    Total .................................bullet 3a 2,611,001
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 1,844,770  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 271,211  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		525990 59,932     3,976,652
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMISCELLEANOUS RECEIPTS     14 16,465  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 59,932 2,132,446 3,976,652
    13Total. Add line 12, columns (b), (d), and (e)..................
    136,169,030
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,400 4,200 0 4,200

    TY 2014 InvestmentsLandSchedule2
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 52,382 34,958 17,424 52,382
    Buildings 4,970,820 1,520,911 3,449,909 4,970,821
    Land 1,356,758   1,356,758 1,356,758

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    TCW TOTAL RETURNMBS FUND FMV   128,792
    RAYONIER ADVANCE MALTS INC.21666 SHS FMV   483,152
    BREITBURN ENERGY PTNRS 7904 SHS FMV   55,328
    CORSITE RLTY CORP 1840 SHS FMV   71,852
    AMERIGAS PARTNERS 900 SHS FMV   43,128
    PLAINS ALL AMERI PIPELINE 4000 SHS FMV   205,280

    TY 2014 OtherAssetsSchedule
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED DIVIDENDS 201,336 149,055 149,055


    TY 2014 OtherDecreasesSchedule
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Description Amount
       
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 1,095 548   547
    COMPUTER 967 484   483
    MEMBERSHIP DUES 108 54   54
    POSTAGE 84 42   42
    EMPLOYEE HEALTH INSURANCE 33,740 16,870   16,870
    ADVERTISING 100 100    
    REPAIRS 22 11   11
    CONTRIBUTIONS FROM PASS THRU ENTITIES 6 6    
    Rental Expenses 125,443 125,443    


    TY 2014 OtherIncomeSchedule2
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLEANOUS RECEIPTS 16,465    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES CRAWFIORD 2 52,304 52,304 0 0
    CONSULTING FEES 61,905 61,905 0 0
    MANAGEMENT FEE CRAWFORD 77,795 77,795 0 0
    MANAGEMENT FEE NOVARE 28,855 28,855 0 0
    MANAGEMENT FEE FEE ACCT 12,600 12,600 0 0


    TY 2014 TaxesSchedule
    Name:
    THE KNOX FOUNDATION
    EIN: 58-6163728
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 18,679 9,640   9,339
    FOREIGN TAXES PAID 5,155 5,155    
    EXCISE TAX 178,137