Form990-PF

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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
NISWONGER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)223 N MAIN STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENEVILLE, TN37745
A Employer identification number

62-1871605
B Telephone number (see instructions)

(423) 820-8181
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$14,592,685J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 7,477,648
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 437,400 437,400 437,400
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 455,205
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 455,205
8 Net short-term capital gain......... 0
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 801,035 0 801,035
12 Total. Add lines 1 through 11........ 9,171,288 892,605 1,238,435
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 503,847 0 100,769 403,078
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 50,595 0 10,119 40,476
16a Legal fees (attach schedule)......... Click to see attachment 664 0 0 664
b Accounting fees (attach schedule)....... Click to see attachment 14,060 0 0 14,060
c Other professional fees (attach schedule).... Click to see attachment 94,962 54,379 0 40,583
17 Interest............... 59,248 0 0 59,248
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,248 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,367 0 0 15,367
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 4,542,113 0 538,141 4,003,972
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,297,104 54,379 649,029 4,577,448
25 Contributions, gifts, grants paid....... 33,790 33,790
26 Total expenses and disbursements. Add lines 24 and 25 5,330,894 54,379 649,029 4,611,238
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,840,394
b Net investment income (if negative, enter -0-) 838,226
c Adjusted net income (if negative, enter -0-)... 589,406
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 45,325 472,961 472,961
2 Savings and temporary cash investments......... 458,948 292,294 292,294
3 Accounts receivable bullet539,138
Less: allowance for doubtful accounts bullet   197,240 539,138 539,138
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 22,793 56,261 56,261
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.......... 600 600 600
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,833,500 Click to see attachment8,189,888 8,189,888
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 822,472 Click to see attachment905,651 905,651
14 Land, buildings, and equipment: basis bullet4,034,031
Less: accumulated depreciation (attach schedule) bullet   1,350,527 Click to see attachment4,034,031 4,034,031
15 Other assets (describe bullet) Click to see attachment101,861 Click to see attachment101,861 Click to see attachment101,861
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,833,266 14,592,685 14,592,685
Liabilities 17 Accounts payable and accrued expenses.......... 21,411 431,709
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 1,136,826 Click to see attachment1,136,826
21 Mortgages and other notes payable (attach schedule)...... 1,182,019 Click to see attachment1,231,812
22 Other liabilities (describe bullet) Click to see attachment142,408 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 2,482,664 2,800,347
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 8,350,602 11,792,338
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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)..... 8,350,602 11,792,338
31 Total liabilities and net assets/fund balances (see instructions). 10,833,266 14,592,685
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
8,350,602
2
Enter amount from Part I, line 27a .....................
2
3,840,394
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,190,996
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
398,658
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
11,792,338
Form 990-PF (2018)
Form 990-PF (2018)
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 REALIZED GAINS (LOSSES) ON INVESTMENTS P   2019-06-30
b
c
d
e
(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       455,205
b
c
d
e
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       455,205
b
c
d
e
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 2 455,205
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 0
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))
2017 2,776,470 8,752,985 0.317203
2016 2,223,760 8,175,230 0.272012
2015 3,125,760 8,612,586 0.362929
2014 6,827,156 9,642,219 0.708048
2013 6,738,364 9,301,814 0.724414
2
Total of line 1, column (d) .....................
2
2.384606
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.476921
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
9,297,726
5
Multiply line 4 by line 3......................
5
4,434,281
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,382
7
Add lines 5 and 6........................
7
4,442,663
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,611,238
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 8,382
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 0
3 Add lines 1 and 2........................... 3 8,382
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,382
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 12,500
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 111
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 4,007
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,007 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletDE, TN
    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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletWWW.NISWONGERFOUNDATION.ORG
    14
    The books are in care ofbulletKATHY L O'DELL Telephone no.bullet (423) 820-8181

    Located atbulletPO BOX 1508GREENEVILLETN ZIP+4bullet37744
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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
     
     
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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
     
     
    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 2018 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 2018.)..................
    3b
     
     
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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
     
     
    .........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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    SCOTT M NISWONGER CHAIRMAN/FOUNDER
    1.00     		0 0 0
    PO BOX 1508
    GREENEVILLE,TN37744
    NIKKI L NISWONGER SECRETARY
    1.00     		0 0 0
    PO BOX 1508
    GREENEVILLE,TN37744
    DR NANCY L DISHNER PRESIDENT & CEO, BOARD MEM
    40.00     		130,000 6,500 0
    PO BOX 1508
    GREENEVILLE,TN37744
    DAVID A GOLDEN BOARD MEMBER
    1.00     		0 0 0
    PO BOX 1508
    GREENEVILLE,TN37744
    ALAN LEVINE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 1508
    GREENEVILLE,TN37744
    JOHN A TWEED BOARD MEMBER
    1.00     		0 0 0
    PO BOX 1508
    GREENEVILLE,TN37744
    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
    RICHARD KITZMILLER VP, DIRECTOR OF PROG
    40.00     		100,000 5,000 0
    PO BOX 1508
    GREENEVILLE,TN37744
    ROBIN SHEPARD CHIEF FINANCIAL OFFI
    40.00     		89,880 0 0
    PO BOX 1508
    GREENEVILLE,TN37744
    JOHN PAYNE DIRECTOR OF TECHNOLO
    40.00     		72,000 3,600 0
    PO BOX 1508
    GREENEVILLE,TN37744
    DENISE ARNOLD DIRECTOR OF COLLEGE
    40.00     		66,950 3,348 0
    PO BOX 1508
    GREENEVILLE,TN37744
    GINA PAVLOVICH COORDINATOR OF LEARN
    40.00     		65,000 3,250 0
    PO BOX 1508
    GREENEVILLE,TN37744
    Total number of other employees paid over $50,000...................bullet 6
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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.............bullet0
    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 THE SCHOOL PARTNERSHIP PROGRAM PROVIDES SCHOOLS WITH THE RESOURCES AND EXPERTISE THEY NEED TO BECOME SUCCESSFUL. FOR THE FISCAL YEAR ENDED JUNE 30, 2019, THE FOUNDATION CONTINUED TO PROVIDE DIRECT SUPPORT FOR PROGRAMS OF PUBLIC SCHOOLS IN NINETEEN TENNESSEE COUNTIES. 384,898
    2 THE SCHOLARSHIP PROGRAM PROVIDES UP TO A FULL ACADEMIC SCHOLARSHIP TO THE COLLEGE OR UNIVERSITY OF THE RECIPIENT'S CHOICE. FOR THE FISCAL YEAR ENDED JUNE 30, 2019, THE FOUNDATION PROVIDED TUITION AND OTHER EDUCATIONAL FEE ASSISTANCE FOR MANY SCHOLARS. 376,316
    3 IN JANUARY 2017, THE NISWONGER FOUNDATION ANNOUNCED CAREERCONNECT, A NEW WORKFORCE READINESS AND CAREER EXPLORATION INITIATIVE FOR 10TH - 12TH GRADERS. THIS THREE-YEAR PROGRAM, IN PARTNERSHIP WITH GREENE COUNTY AND GREENEVILLE CITY SCHOOLS AND LOCAL INDUSTRY, IS DESIGNED TO PROVIDE STUDENTS THE OPPORTUNITY TO EXPLORE CAREER PATHS, DEVELOP "SOFT" SKILLS, EARN WORKFORCE READINESS CREDENTIALS, AND GAIN REAL-WORLD WORK EXPERIENCE. 120,333
    4 THE NISWONGERCARE (COLLEGE ACCESS REACHES EVERYONE) PROGRAM WAS INITIATED FOR THE 2015-2016 SCHOOL YEAR. THIS PROGRAM SERVES 30 HIGH SCHOOLS IN THE NISWONGER CONSORTIUM OF SCHOOL SYSTEMS AND IMPACTS NEARLY 30,000 HIGH SCHOOL STUDENTS. THE NISWONGERCARE PROGRAM COMBINES THE SKILLS GAINED IN THE I3 GRANT PROJECT WITH ELEMENTS OF A MODEL USED BY COLLEGE ADVISING CORP. WITH THIS MODEL, THE NISWONGER FOUNDATION SUPPORTS AND ENHANCES THE IMPORTANT WORK ALREADY BEING ACCOMPLISHED BY THE REGION'S HIGH SCHOOL COUNSELORS. 782,312
    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.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    8,636,905
    b
    Average of monthly cash balances.......................
    1b
    802,411
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,439,316
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    9,439,316
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    141,590
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,297,726
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    464,886
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    4,611,238
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    4,611,238
    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
    8,382
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,602,856
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
    464,886 437,649 408,762 0 1,311,297
    b 85% of line 2a ......... 395,153 372,002 347,448 0 1,114,602
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		4,611,238 2,776,470 2,223,760 3,125,760 12,737,228
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		4,611,238 2,776,470 2,223,760 3,125,760 12,737,228
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		309,924 291,766 272,508 287,086 1,161,284
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation 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).)
    SCOTT M NISWONGER
    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:
    DR NANCY L DISHNER
    PO BOX 1508
    GREENEVILLE,TN37744
    (423) 820-8181
    bThe form in which applications should be submitted and information and materials they should include:
    NISWONGER SCHOLARSHIP AGREEMENT
    cAny submission deadlines:
    DEADLINE INFORMATION IN NISWONGER SCHOLARSHIP & LEADERSHIP TRAINING PRGM HANDBOOK ON FILE WITH IRS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    INFO IN THE NISWONGER SCHOLARSHIP AND LEADERSHIP TRAINING PROGRAM HANDBOOK ON FILE WITH IRS
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    COCKE COUNTY HIGH SCHOOL
    216 HEDRICK DRIVE
    NEWPORT,TN37821     		N/A GOVERNMENTAL UNIT GRANT FOR GRADFEST 500
    ELIZABETHTON CITY SCHOOLS
    804 S WATAUGA AVENUE
    ELIZABETHTON,TN37643     		N/A GOVERNMENTAL UNIT BETSY BOOK BUS 500
    GREENE COUNTY PARTNERSHIP INC
    115 ACADEMY STREET
    GREENEVILLE,TN37743     		N/A N/A-SOCIAL WELFARE O TEACHER SUPPLY DEPOT SPONSOR; YOUTH PROGRAMS SUPPORT; KEEP GREENE BEAUTIFUL CAMP SPOTS 2,750
    MOSHEIM PUBLIC LIBRARY
    730 MAIN STREET
    MOSHEIM,TN37818     		N/A GOVERNMENTAL UNIT GRANT FOR SUMMER LIBRARY PROGRAM 300
    NISWONGER PERFORMING ARTS CENTER BOARD - CAMP NPAC KIDS
    212 TUSCULUM BOULEVARD
    GREENEVILLE,TN377453924     		N/A POF GRANT FOR A SUMMER THEATRICAL DAY CAMP FOR CHILDREN KINDERGARTEN THROUGH HIGH SCHOOL. 3,000
    SECOND HARVEST FOOD BANK OF NORTHEAST TENNESSEE
    1020 JERICHO DRIVE
    KINGSPORT,TN37663     		N/A PUBLIC CHARITY GRANT FOR KID'S BACKPACK PROGRAM 13,000
    SOUTH GREENE HIGH SCHOOL ACADEMIC BOOSTER CLUB
    7469 ASHEVILLE HIGHWAY
    GREENEVILLE,TN37743     		N/A PUBLIC CHARITY GRANT MATCH 500
    TENNESSEE INDEPENDENT COLLEGES AND UNIVERSITIES ASSOCIATION
    1031 17TH AVENUE SOUTH
    NASHVILLE,TN37212     		N/A PUBLIC CHARITY EXECUTIVE LEADERSHIP PROGRAM SPONSOR 3,500
    THE DICTIONARY PROJECT
    P O BOX 1845
    CHARLESTON,SC29402     		N/A PUBLIC CHARITY DICTIONARY PROJECT 1,740
    UNICOI COUNTY HIGH SCHOOL
    700 SOUTH MOHAWK DRIVE
    ERWIN,TN37650     		N/A GOVERNMENTAL UNIT APPRECIATION FOR SYMPOSIUM PERFORMANCE 500
    THE ARTHUR PROJECT
    600 THIRD AVE SUITE 200
    NEW YORK,NY10016     		N/A PUBLIC CHARITY IN HONOR OF LIZ MURRAY 1,000
    GREENE COUNTY PUBLIC LIBRARY FOUNDATION
    PO BOX 520
    XENIA,OH45385     		N/A PUBLIC CHARITY IMAGINIATION LIBRARY SPONSORSHIP 500
    CARTER COUNTY BOARD OF EDUCATION
    305 ACADEMY ST
    ELIZABETHTON,TN37643     		N/A GOVERNMENTAL UNIT KINDER CAMP 4,000
    LEADERSHIP TENNESSEE
    1 UNIVERSITY PARK DR
    NASHVILLE,TN37204     		N/A PUBLIC CHARITY SUPPORT OF LIZ MURRAY ACES EVENT 2,000
    Total .................................bullet 3a 33,790
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    aNISWONGER I3 PARTNERSHIPS-CONSORTIUM FEE         70,400
    bNISWONGER I3 PARTNERSHIPS-ONLINE SEAT FEE         201,340
    cSCHOLARSHIP REMISSION         404,584
    dOTHER INCOME         34,920
    eAIRCRAFT TIMESHARE REVENUE         89,791
    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....     14 437,400  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 455,205  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 892,605 801,035
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,693,640
    (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.)
    1A NISWONGER I3 PARTNERSHIPS-CONSORTIUM FEE-A COLLEGE AND CAREER CONSORTIUM OF 15 SCHOOL DISTRICTS AND 30 SECONDARY SCHOOLS TO SERVE 27,000 STUDENTS
    1B NISWONGER I3 PARTNERSHIPS-ONLINE SEAT FEE-STUDENTS IN ALL 30 CONSORTIUM HIGH SHCOOLS HAD THE OPPORTUNITY TO CHOOSE FROM OVER 45 ONLINE CLASSES-SERVED OVER 3,200 STUDENTS
    1C SCHOLARSHIP REMISSION-STUDENT LOAN RECEIVABLE FOR TUITION, ROOM AND BOARD AND FOR BOOKS AND SUPPLIES
    1D OTHER INCOME- INCOME FOR THE EDUCATIONAL EXPENSES OF THE NISWONGER FOUNDATION
    Form 990-PF (2018)
    Form 990-PF (2018)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    NISWONGER FOUNDATION INC
     
    Employer identification number

    62-1871605
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    NISWONGER FOUNDATION INC
          		Employer identification number
    62-1871605
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MR SCOTT M NISWONGER
     
    P O BOX 5112
     
    GREENEVILLE, TN37743

    		$ 4,760,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    CARE FOUNDATION OF AMERICA INC
     
    TWO BRENTWOOD COMMONS SUITE 150 750
     
    BRENTWOOD, TN37027

    		$ 470,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    THE BROTHERTON FOUNDATION
     
    C/O LARRY BROTHERTON 524 SHEFFIELD
     
    EASLEY, SC29642

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    EAST TENNESSEE FOUNDATION
     
    520 WEST SUMMIT HILL DRIVE SUITE 11
     
    KNOXVILLE, TN37902

    		$ 55,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    THE RURAL SCHOOL AND COMMUNITY TRUST
     
    4301 CONNECTICUT AVENUE SUITE 100
     
    WASHINGTON, DC20008

    		$ 152,667


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    HAROLD DISHNER
     
    130 WEST MAIN STREET
     
    JONESBOROUGH, TN37659

    		$ 5,500


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    NISWONGER FOUNDATION INC
          		Employer identification number
    62-1871605
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    MR JOHN TWEED
     
    129 GLENFIELD TRAIL
     
    GREENEVILLE, TN37745

    		$ 51,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    PLUS MARKAMERICAN GREETINGS
     
    ONE AMERICAN BLVD
     
    CLEVELAND, OH44145

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    LANDAIR
     
    PO BOX 2285
     
    GREENEVILLE, TN37744

    		$ 11,355


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    CENTRAL MUTUAL INSURANCE
     
    800 S WASHINGTON STREET
     
    VAN WERT, OH45891

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    BALLAD HEALTH
     
    303 MED TECH PKWY
     
    JOHNSON CITY, TN37604

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    FIRST TENNESSEE BANK
     
    2112 NORTH ROAN ST
     
    JOHNSON CITY, TN37601

    		$ 50,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    NISWONGER FOUNDATION INC
          		Employer identification number

    62-1871605
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    NISWONGER FOUNDATION INC
          		Employer identification number

    62-1871605
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 14,060 0 0 14,060

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY SECURITIES 1,524,461 1,524,461
    MUTUAL FUNDS - EQUITIES 6,665,427 6,665,427

    TY 2018 InvestmentsOtherSchedule2
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CASH AND CASH EQUIVALENTS FMV 354,305 354,305
    PRIVATE EQUITY FUNDS FMV 551,346 551,346

    TY 2018 LandEtcSchedule2
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 111,700 0 111,700  
    CONSTRUCTION IN PROGRESS 833,322 0 833,322  
    AIRCRAFT 174,280 0 174,280  
    CONSTRUCTION IN PROGRESS 2,610,772 0 2,610,772  
    FURNITURE AND FIXTURES 303,957 0 303,957  


    TY 2018 LegalFeesSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 664 0 0 664


    TY 2018 LoansFromOfficersSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605

    Item No. 1
    Lender's Name SCOTT M NISWONGER
    Lender's Title PRESIDENT
    Original Amount of Loan 193160
    Balance Due 1136826
    Date of Note 2009-07
    Maturity Date  
    Repayment Terms ON DEMAND - 30 DAYS FROM NOTIFICATION BY LENDER
    Interest Rate 0.000000000000
    Security Provided by Borrower UNSECURED
    Purpose of Loan OPERATIONS
    Description of Lender Consideration CASH
    Consideration FMV  


    TY 2018 MortgagesAndNotesPayableSch
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Total Mortgage Amount: 832,532

    Item No. 1
    Lender's Name SCOTT M NISWONGER
    Lender's Title PRESIDENT
    Relationship to Insider N/A
    Original Amount of Loan 193,160
    Balance Due 1,136,826
    Date of Note 2009-07
    Maturity Date  
    Repayment Terms ON DEMAND - 30 DAYS FROM NOTIFICATION BY LENDER
    Interest Rate 0.000000000000
    Security Provided by Borrower UNSECURED
    Purpose of Loan OPERATIONS
    Description of Lender Consideration CASH
    Consideration FMV  

    Item No. 2
    Lender's Name BANK OF TENNESSEE
    Lender's Title N/A
    Relationship to Insider N/A
    Original Amount of Loan 230,014
    Balance Due 399,280
    Date of Note 2019-01
    Maturity Date 2023-01
    Repayment Terms PRINCIPAL BALANCE DUE ON 01/18/2023; INTEREST DUE MONTHLY
    Interest Rate 3.580000000000
    Security Provided by Borrower UNSECURED
    Purpose of Loan OPERATIONS
    Description of Lender Consideration CASH
    Consideration FMV  

    Item No. 3
    Lender's Name UNITED STATES DEPARTMENT OF AGRICULTURE
    Lender's Title N/A
    Relationship to Insider N/A
    Original Amount of Loan 913,546
    Balance Due 832,532
    Date of Note 2016-12
    Maturity Date 2055-12
    Repayment Terms MONTHLY PYMTS OF $6,232 DUE 01/05/17 THROUGH 12/05/55
    Interest Rate 2.380000000000
    Security Provided by Borrower ALL REAL PROPERTY & EQUP ACQUIRED WITH RURAL HOUSING SERVICE FUNDS
    Purpose of Loan CONTSTRUCTION OF REAL PROPERTY
    Description of Lender Consideration CASH
    Consideration FMV  


    TY 2018 OtherAssetsSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    COLLECTIONS 101,861 101,861 101,861


    TY 2018 OtherDecreasesSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Description Amount
    MARKET GAINS (LOSSES) ON INVESTMENTS 398,658


    TY 2018 OtherExpensesSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES AND MATERIALS 15,350 0 0 15,350
    INSURANCE 16,165 0 0 16,165
    OTHER EXPENSES 145,128 0 0 145,128
    SCHOLARSHIP PROGRAM 376,316 0 0 376,316
    SCHOOL PARTNERSHIP PROGRAM-KNOXVILLE SYMPHONY ORCHESTRA 13,000 0 0 13,000
    SCHOOL PARTNERSHIP PROGRAM-OTHER SCHOOL PROJECTS 4,694 0 0 4,694
    SCHOOL PARTNERSHIP PROGRAM-LITERACY PROGRAM 105,076 0 0 105,076
    SCHOOL PARTNERSHIP PROGRAM-HANCOCK CO LITERACY PROJECT 150,834 0 0 150,834
    SCHOOL PARTNERSHIP PROGRAM-STORYTELLING PARTNERSHIP 8,000 0 0 8,000
    SCHOOL PARTNERSHIP PROGRAM-SUSTAINABILITY PLAN 103,155 0 0 103,155
    SCHOOL PARTNERSHIP PROGRAM-REIMBURSEMENT 139 0 0 139
    CAREERCONNECT PROGRAM 120,333 0 0 120,333
    CARE (COLLEGE ACCESS REACHES EVERYONE) PROGRAM 782,312 0 0 782,312
    NISWONGER I3 PARTNERSHIPS-CONSORTIUM FEE 72,950 0 72,950 0
    NISWONGER I3 PARTNERSHIPS-ONLINE SEAT FEE 233,966 0 233,966 0
    RURAL LIFE PROGRAM 1,947,069 0 0 1,947,069
    AIRCRAFT 216,401 0 0 216,401
    LOSS ON IMPAIRMENT 231,225 0 231,225 0


    TY 2018 OtherIncomeSchedule2
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NISWONGER I3 PARTNERSHIPS-CONSORTIUM FEE 70,400   70,400
    NISWONGER I3 PARTNERSHIPS-ONLINE SEAT FEE 201,340   201,340
    SCHOLARSHIP REMISSION 404,584   404,584
    OTHER INCOME 34,920   34,920
    AIRCRAFT TIMESHARE REVENUE 89,791   89,791


    TY 2018 OtherLiabilitiesSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Description Beginning of Year - Book Value End of Year - Book Value
    BANK OVERDRAFT 142,408 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 54,379 54,379 0 0
    INFORMATION TECHNOLOGY 1,872 0 0 1,872
    MISCELLANEOUS OTHER PROFESSIONAL FEES 5,276 0 0 5,276
    GRANT WRITING 33,435 0 0 33,435


    TY 2018 TaxesSchedule
    Name:
    NISWONGER FOUNDATION INC
    EIN:
    62-1871605
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX ON INVESTMENT INC-BALANCE DUE 06-30-18 3,927 0 0 0
    EXCISE TAX ON INVESTMENT INC-EST TAX PYMNTS 06-30-18 12,321 0 0 0