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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
TENNESSEE HEALTH FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1 CAMERON HILL CIRCLE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHATTANOOGA, TN37402
A Employer identification number

20-0298456
B Telephone number (see instructions)

(423) 535-6746
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$243,056,353J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 43,377 1,455,583  
4 Dividends and interest from securities... 2,139,223 4,247,919  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,078,729
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 1,368,074
8 Net short-term capital gain.........  
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 0 337,498  
12 Total. Add lines 1 through 11........ 3,261,329 7,409,074  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 18,500 2,775   15,725
c Other professional fees (attach schedule).... Click to see attachment 914,069 1,657,254   0
17 Interest............... 12,873 171,814   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 84,203 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,048,830 454,202   9,047,508
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,078,475 2,286,045   9,063,233
25 Contributions, gifts, grants paid....... 7,500,219 7,500,219
26 Total expenses and disbursements. Add lines 24 and 25 17,578,694 2,286,045   16,563,452
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -14,317,365
b Net investment income (if negative, enter -0-) 5,123,029
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 150,980 184,037 184,037
2 Savings and temporary cash investments......... 4,841,488 2,717,060 2,717,060
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 225,295,301 Click to see attachment236,092,660 236,092,660
c Investments—corporate bonds (attach schedule)....... 11,847,409 Click to see attachment4,008,524 4,008,524
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,091,398 Click to see attachment54,072 Click to see attachment54,072
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 246,226,576 243,056,353 243,056,353
Liabilities 17 Accounts payable and accrued expenses.......... 140,636 321,498
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 attachment317,712 Click to see attachment63,259
23 Total liabilities (add lines 17 through 22)......... 458,348 384,757
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 245,768,228 242,671,596
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 245,768,228 242,671,596
30 Total liabilities and net assets/fund balances (see instructions). 246,226,576 243,056,353
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
245,768,228
2
Enter amount from Part I, line 27a .....................
2
-14,317,365
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11,220,733
4
Add lines 1, 2, and 3 ..........................
4
242,671,596
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
242,671,596
Form 990-PF (2020)
Form 990-PF (2020)
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 SILCHESTER ST CAPITAL GAINS P    
b SILCHESTER ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
c SILCHESTER LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
d OTHER MARKETABLE SECURITIES P    
e IRM ST CAPITAL GAINS P    
IRM ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
IRM LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NORTHERN TRUST ST CAPITAL GAINS P    
NORTHERN TRUST LT CAPITAL GAINS P    
NORTHERN TRUST ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NORTHERN TRUST LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY IV ST CAPITAL GAINS P    
NEWBURY IV LT CAPITAL GAINS P    
NEWBURY IV ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY IV LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY V LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
TA XIII-B ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
TA XIII-B LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
WHITEHORSE II ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
WHITEHORSE II LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
WHITEHORSE IV ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
WHITEHORSE IV LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
EAGLE POINT ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
(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       221,117
b       -280,364
c       441,094
d       -361,428
e       1,043,869
      -721,059
      297,142
      230,753
      -55,424
      -187,390
      -4,006
      15
      -173
      3,470
      -96,812
      38,806
      4,113
      6,169
      -4,507
      403,839
      5,999
      171,124
      211,727
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       221,117
b       -280,364
c       441,094
d       -361,428
e       1,043,869
      -721,059
      297,142
      230,753
      -55,424
      -187,390
      -4,006
      15
      -173
      3,470
      -96,812
      38,806
      4,113
      6,169
      -4,507
      403,839
      5,999
      171,124
      211,727
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 1,368,074
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  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 71,210
c All other domestic foundations enter 1.39% 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 71,210
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 71,210
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 60,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 45,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 105,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 33,790
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet33,790 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 the instructions
for the 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
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)
    bulletTN
    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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    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 (2020)
    Form 990-PF (2020)
    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 addressbulletSEE STATEMENT FOR PART XV
    14
    The books are in care ofbulletWILLIAM BISHOP Telephone no.bullet (423) 535-6746

    Located atbullet1 CAMERON HILL CIRCLECHATTANOOGATN ZIP+4bullet37402
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 WILSON VP CORPORATE COMMUNICATIONS
    20.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    CHELSEA JOHNSON DIRECTOR
    20.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    DARRELL S FREEMAN BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    JAMES HOBBS ASSISTANT SECRETARY
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    MARTY G DICKENS CHAIRPERSON
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    JAMES B BAKER BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    REGINALD W COOPWOOD BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    JD HICKEY PRESIDENT & CEO, BOARD MEM
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    HERBERT H HILLIARD BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    LAMAR J PARTRIDGE VICE CHAIRPERSON
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    EMILY J REYNOLDS BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    MARTHA S WALLEN BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    BRUCE A BOSSE BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    MILES A BURDINE BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    LOTTIE F RYANS BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    JILL LANGSTON SECRETARY
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    MANDY SAVAGE ASSISTANT TREASURER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    JOHN GIBLIN CFO
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    ROY VAUGHN EXECUTIVE DIRECTOR
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    TREY WHITE CONTROLLER & CAO
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    JACK B MCCALLIE BOARD MEMBER
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    DENNIS CULVER TREASURER/CRO
    1.00     		0 0 0
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 BLUECROSS BLUESHIELD OF TENNESSEE HEALTH FOUNDATION INVESTMENT FOCUS IN 2020 IS THE BLUECROSS HEALTHY PLACE SIGNATURE PROGRAM. THE PROGRAM REQUESTS PROPOSALS FROM COMMUNITIES OF ALL SIZES THROUGHOUT TENNESSEE FOR COMMUNITY PROJECTS THAT WILL BRING CONNECTION AND OPPORTUNITIES FOR ACTIVITY TO THEIR TOWN, COMMUNITY, CITY, ETC. THIS PROGRAM IS ALLOCATED APPROXIMATELY $9.9M RESULTING IN THIS TRULY BEING A SIGNATURE PROGRAM SUPPORT WITH FUNDS AND RESOURCES. 9,900,000
    2 THE BLUECROSS BLUESHIELD OF TENNESSEE HEALTH FOUNDATION DISTRIBUTED FUNDS THROUGHOUT THE STATE FOR COVID-19 RELIEF EFFORTS (APPROXIMATELY $4.5M). 4,500,000
    3 OTHER FUNDS WERE DISTRIBUTED THROUGHOUT THE YEAR/STATE FOR GRANTS SUPPORTING EVENTS OF COMMUNITY NON-PROFITS FOCUSED ON EDUCATION, DIVERSITY AND INCLUSION EFFORTS, DISEASE MANAGEMENT AND CHARITABLE CARE/CLINICS (APPROXIMATELY $2.1M). 2,100,000
    4  
    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 (2020)
    Form 990-PF (2020)
    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
    219,345,943
    b
    Average of monthly cash balances.......................
    1b
    7,617,080
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    226,963,023
    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
    226,963,023
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,404,445
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    223,558,578
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,177,929
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    11,177,929
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    71,210
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    55,753
    c
    Add lines 2a and 2b............................
    2c
    126,963
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,050,966
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    11,050,966
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    11,050,966
    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
    16,563,452
    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
    16,563,452
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    16,563,452
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 11,050,966
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 8,311,367
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 16,563,452
    a Applied to 2019, but not more than line 2a 8,311,367
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 8,252,085
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		2,798,881
    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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 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).)
    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:
    SCOTT WILSON VP CORPORATE COMMUNICA
    1 CAMERON HILL CIRCLE
    CHATTANOOGA,TN37402
    (423) 535-7163
    bThe form in which applications should be submitted and information and materials they should include:
    WWW.BCBST.COM/ABOUT/IN-THE-COMMUNITY/HEALTHY-PLACES/FUNDING-CRITERIA
    cAny submission deadlines:
    MAY, NOVEMBER FOR COMMUNITY TRUST FUNDING AND AUGUST FOR HEALTHY PLACE FUNDING
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    WWW.BCBST.COM/ABOUT/IN-THE-COMMUNITY/HEALTHY-PLACES/FUNDING-CRITERIA
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    100 BLACK MEN OF MIDDLE TN INC
    PO BOX 140789
    NASHVILLE,TN37214     		NONE PC BOARD MATCHING DONATION - 100 KINGS PROGRAM AND SCHOLARSHIP FUND 20,000
    AMERICAN RED CROSS
    2201 CHARLOTTE AVE
    NASHVILLE,TN37203     		NONE PC MIDDLE TENNESSEE - RELIEF EFFORT 175,000
    ANDREW JACKSON'S HERMITAGE
    4580 RACHELS LN
    HERMITAGE,TN37076     		NONE PC BOARD DIRECTED GIVING 2:1 MATCH - EMILY REYNOLDS 10,000
    BAPTIST MEMORIAL MEDICAL GROUP INC
    350 N HUMPHREYS BLVD
    MEMPHIS,TN38120     		NONE PC FLU VACCINATIONS 11/7/2020 & 11/14/2020 4,740
    BELMONT UNIVERSITY
    1900 BELMONT BLVD
    NASHVILLE,TN37212     		NONE PC AKIA J. THOMPSON B00544720 10,000
    BESSIE SMITH CULTURAL CENTER
    200 E M L KING BLVD
    CHATTANOOGA,TN37403     		NONE PC COVID-19 RELIEF 100,000
    CATHOLIC CHARITIES OF EAST TENNESSEE
    1325 JEFFERSON AVE
    MEMPHIS,TN38103     		NONE PC BOARD DONATION 2:1 MATCH - BRUCE BOSSE 3,000
    CHATTANOOGA AREA FOOD BANK
    2009 CURTAIN POLE RD
    CHATTANOOGA,TN37406     		NONE PC OPERATION FEED OUR NEIGHBORS PROGRAM 500,000
    CHATTANOOGA UNITE
    180 HAMM RD
    CHATTANOOGA,TN37405     		NONE PC TEAM BLUE PARTICIPATION IN WREATHS ACROSS AMERICA AT CHATTANOOGA NATIONAL CEMETERY 5,000
    CHURCH OF THE GOOD SHEPHARD
    211 FRANKLIN RD
    LOOKOUT MOUNTAIN,TN37350     		NONE PC MATCHING GIFT: JD HICKEY 20,000
    COMMUNITY FOUNDATION GREATER CHATT
    1400 WILLIAMS ST
    CHATTANOOGA,TN37408     		NONE PC COVID-19 TESTING AND TREATMENT FOR UNINSURED IN HAMILTON COUNTY 550,000
    COMMUNITY FOUNDATION OF GREATER MEMPHIS
    1900 UNION AVE
    MEMPHIS,TN38104     		NONE PC TESTING AND TREATING OF COVID-19 75,000
    COMMUNITY FOUNDATION OF MIDDLE TN INC
    3833 CLEGHORN AVE 400
    NASHVILLE,TN37215     		NONE PC 2020 BCBST FAMILY FUND ALLOCATION 1,660,000
    CREATIVE DISCOVERY MUSEUM
    321 CHESTNUT ST
    CHATTANOOGA,TN37402     		NONE PC CAPITAL CAMPAIGN INVESTMENT PAYMENT 305,000
    EAST TN CHILDREN'S HOSPITAL ASSOC INC
    PO BOX 15010
    KNOXVILLE,TN37901     		NONE PC TEAMBLUE SUPPORT 2,500
    ERLANGER HEALTH SYSTEM FOUNDATIONS
    975 E 3RD ST SUITE B-508
    CHATTANOOGA,TN37403     		NONE PC BCBST HOLIDAY TOY DRIVE 5,000
    HUNTER MUSEUM OF AMERICAN ART
    10 BLUFF VIEW ST
    CHATTANOOGA,TN37403     		NONE PC CORPORATE MATCHING GIFT 110,000
    KNOXVILLE HABITAT FOR HUMANITY
    PO BOX 27478
    KNOXVILLE,TN37927     		NONE PC BOARD MEMBER MATCHING DONATION - BRUCE BOSSE 25,000
    KNOXVILLE NEWS SENTINEL CHARITIES INC
    232 NEWS SENTINEL DRIVE
    KNOXVILLE,TN37921     		NONE PC FREE FLU SHOT SATURDAY GRANT 60,000
    LEE UNIVERSITY
    1120 N OCOEE ST
    CLEVELAND,TN37311     		NONE PC ALANIS BURTON - POWER OF WE SCHOLARSHIP 10,000
    MID-SOUTH FOOD BANK
    3865 S PERKINS RD
    MEMPHIS,TN38118     		NONE PC FOOD BANK DONATION 750,000
    MILLIGAN COLLEGE
    PO BOX 500
    MILLIGAN COLLEGE,TN37682     		NONE PC BOARD MATCHING DONATION 7,500
    NATIONAL CIVIL RIGHTS MUSEUM
    450 MULBERRY ST
    MEMPHIS,TN38103     		NONE PC BOARD MATCHING GIFT: HERB HILLIARD 10,000
    NE STATE COMMUNITY COLLEGE FOUNDATION
    PO BOX 246
    BLOUNTVILLE,TN37617     		NONE PC MATCHING GIFT: LOTTIE RYANS 3,500
    THE NEXT DOOR INC
    402 22ND AVE N
    NASHVILLE,TN37203     		NONE PC BOARD MATCHING DONATION - MARTY DICKENS 10,000
    PETWORKS KINGSPORT ANIMAL SERVICES INC
    3101 E STONE DR
    KINGSPORT,TN37660     		NONE PC BOARD MATCHING GIFT: MILES BURDINE 10,000
    REGIONAL INTER-FAITH ASSOCIATION INC
    133 AIRWAYS BLVD
    JACKSON,TN38301     		NONE PC FOOD DISTRIBUTION DONATION 250,000
    REGIONAL ONE HEALTH FOUNDATION
    877 JEFFERSON AVE
    MEMPHIS,TN38103     		NONE PC MATCHING DONATION: JD HICKEY 5,000
    RHODES COLLEGE
    2000 NORTH PKWY
    MEMPHIS,TN38112     		NONE PC POWER OF WE SCHOLARSHIP 10,000
    ROCKETOWN OF MIDDLE TENNESSEE
    601 4TH AVE S
    NASHVILLE,TN37210     		NONE PC BOARD MATCHING DONATION - MARTY DICKENS 10,000
    SAINT THOMAS MEDICAL PARTNERS
    102 WOODMONT BLVD STE 800
    NASHVILLE,TN37205     		NONE PC FLU CLINIC 7,479
    SECOND HARVEST FOOD BANK OF EAST TN
    136 HARVEST LN
    MARYVILLE,TN37801     		NONE PC FOOD RELIEF PROGRAM 500,000
    SECOND HARVEST FOOD BANK OF MIDDLE TN
    331 GREAT CIRCLE RD
    NASHVILLE,TN37228     		NONE PC FOOD BANK DONATION 750,000
    SECOND HARVEST FOOD BANK OF NE TN
    1020 JERICHO DR
    KINGSPORT,TN37663     		NONE PC FOOD BANK DONATION 500,000
    TENNESSEE AQUARIUM
    1 BROAD ST
    CHATTANOOGA,TN37402     		NONE PC COVID-19 RELIEF 100,000
    TENNESSEE ASSOCIATION OF BROADCASTERS
    2 INTERNATIONAL PLZ
    NASHVILLE,TN37217     		NONE PC BLUECROSS BLUESHIELD OF TN FOUNDATION - PEP CAMPAIGN - CONTRACT FLIGHT 500,000
    THE TRUST FOR PUBLIC LAND
    202 TREMONT STREET
    CHATTANOOGA,TN37405     		NONE PC BOARD OF DIRECTORS MATCHING GIFT: JACK MCCALLIE 4,000
    THE UNIVERSITY OF MEMPHIS
    3720 ALUMNI AVE
    MEMPHIS,TN38152     		NONE PC POWER OF WE SCHOLARSHIP BRIANNA JAMES - U00690256 10,000
    THE UNIVERSITY OF TN AT CHATTANOOGA
    615 MCCALLIE AVENUE
    CHATTANOOGA,TN37403     		NONE PC BCBS POWER OF WE SCHOLARSHIP - MARKUS BARKSDALE UTC IC # SSL136 10,000
    UNITED WAY OF GREATER CHATTANOOGA
    630 MARKET ST
    CHATTANOOGA,TN37402     		NONE PC CORPORATE GIFT 50,000
    UNITED WAY OF GREATER KNOXVILLE
    1301 HANNAH AVENUE
    KNOXVILLE,TN37921     		NONE PC BOARD DIRECTED GIVING 2:1 MATCH - BRUCE BOSSE CORPORATE GIFT 6,500
    UNITED WAY OF METROPOLITAN NASHVILLE
    250 VENTURE CIRCLE
    NASHVILLE,TN37228     		NONE PC 2020 CAMPAIGN - CORPORATE CONTRIBUTION 6,000
    UNITED WAY OF THE MID-SOUTH
    1005 TILMAN STREET
    MEMPHIS,TN38112     		NONE PC TENNESSEE HEALTH FOUNDATION GIFT 2,500
    UNIVERSITY OF CHATTANOOGA FOUNDATION
    DEVELOPMENT HOUSE DEPT 6806 - 605
    OAK STREET
    CHATTANOOGA,TN37403     		NONE PC UTC COLLEGE OF ENGINEERING AND COMPUTER SCIENCE CURRICULUM 250,000
    UNIVERSITY OF MEMPHIS FOUNDATION
    635 NORMAL ST
    MEMPHIS,TN38152     		NONE PC 2:1 MATCHING GIFT FROM MR. HERB HILLIARD 10,000
    UNIVERSITY OF TENNESSEE
    1525 UNIVERSITY AVE
    KNOXVILLE,TN37921     		NONE PC BOARD DIRECTED GIVING - JAMES BAKER MATCHING GIFT 57,000
    VANDERBILT UNIVERSITY MEDICAL CENTER
    1211 MEDICAL CENTER DR
    NASHVILLE,TN37232     		NONE PC ADDITIONAL SUPPORT FOR DONATION DRIVE 5,000
    VOLUNTEER ODYSSEY
    420 N CLEVELAND ST
    MEMPHIS,TN38104     		NONE PC POP UP VOLUNTEER EXPERIENCE SUPPORTING VOLUNTEER ODYSSEY 5,500
    YMCA OF MIDDLE TENNESSEE
    5101 MARYLAND WAY
    BRENTWOOD,TN37027     		NONE PC MATCHING DONATION - DICKENS 10,000
    Total .................................bullet 3a 7,500,219
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		    14 43,377  
    4 Dividends and interest from securities....     14 2,139,223  
    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 ............     		    14 1,078,729  
    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 3,261,329 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,261,329
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT & TAX SERVICE EXP 18,500 2,775   15,725

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AEGON FUNDING COMPANY LLC 56,966 56,966
    AFFILIATED MANAGERS GROUP INC 108,739 108,739
    ALGONQUIN POWER & UTILITIES CORP 15,484 15,484
    AMERICAN FINANCIAL GROUP INC 54,070 54,070
    AMERICAN INTERNATIONAL GROUP INC 242,080 242,080
    APOLLO MANAGEMENT HOLDINGS LP 64,260 64,260
    ASSURANT INC 49,930 49,930
    AT&T INC 58,215 58,215
    BANK OF AMERICA CORP 27,813 27,813
    BANK OF NOVA SCOTIA 37,625 37,625
    BRIGHTHOUSE FINANCIAL INC 87,683 87,683
    BROOKFIELD FINANCE I (UK) PLC 31,080 31,080
    BROOKFIELD FINANCE INC 56,848 56,848
    CHARLES SCHWAB CORP 61,803 61,803
    CITIGROUP INC 34,485 34,485
    CMS ENERGY CORP 246,087 246,087
    DTE ENERGY CO 53,238 53,238
    EMERA INC 112,641 112,641
    ENBRIDGE INC 201,638 201,638
    ENSTAR FINANCE LLC 17,680 17,680
    FARM CREDIT BANK OF TEXAS 144A 107,188 107,188
    HSBC HOLDINGS PLC 224,000 224,000
    INTEGRYS HOLDING INC 106,500 106,500
    JPMORGAN CHASE & CO 243,701 243,701
    LEGG MASON INC 86,209 86,209
    METLIFE INC 285,965 285,965
    NATIONWIDE MUTUAL INSURANCE CO 17,374 17,374
    NEXTERA ENERGY CAPITAL HOLDINGS INC 115,344 115,344
    PRUDENTIAL FINANCIAL INC 252,661 252,661
    REINSURANCE GROUP OF AMERICA INC 20,228 20,228
    RETAIL PROPERTIES OF AMERICA INC 53,040 53,040
    SEMPRA ENERGY 70,958 70,958
    SOUTH JERSEY INDUSTRIES INC 51,500 51,500
    SOUTHERN CO 273,163 273,163
    TRANSCANADA TRUST 169,785 169,785
    UNITED STATES CELLULAR CORP 111,733 111,733
    VOYA FINANCIAL INC 47,475 47,475
    W. R. BERKLEY CORP 18,859 18,859
    WELLS FARGO & CO NEW 134,476 134,476

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACUSHNET HOLDINGS ORD 580,208 580,208
    AGRIBANK FCB 27,750 27,750
    ALLSTATE CORP 35,525 35,525
    AMER RENAL ASSOC HLDG ORD 184,975 184,975
    AMERICAN INTERNATIONAL GROUP INC 20,673 20,673
    APOLLO GLOBAL MANAGEMENT INC 43,792 43,792
    AT&T INC 34,905 34,905
    ATHENE HOLDING LTD 30,734 30,734
    BANK OF AMERICA CORP 326,831 326,831
    BANK OF NEW YORK MELLON CORP 109,238 109,238
    BANK OZK ORD 743,194 743,194
    BLACKBAUD ORD 545,899 545,899
    BLUCORA ORD 519,668 519,668
    BRUNSWICK ORD 840,317 840,317
    CARDTRONICS CL A ORD 923,377 923,377
    CBOE GLOBAL MARKETS ORD 447,069 447,069
    CHARLES SCHWAB CORP 181,778 181,778
    CHEMED ORD 719,024 719,024
    CHRLS RIVER LABS ORD 985,448 985,448
    CHS INC 48,661 48,661
    CITIGROUP INC 99,105 99,105
    CITIZENS FINANCIAL GROUP INC 22,250 22,250
    COBANK ACB 189,675 189,675
    CULLEN/FROST BANKERS INC 41,280 41,280
    DAIRY FARMERS OF AMERICA INC 27,294 27,294
    DIME COMMUNITY BANCSHARES INC 18,510 18,510
    DUKE ENERGY CORP 63,620 63,620
    EAGLE POINT DEFENSIVE INC US 6,804,255 6,804,255
    ENSIGN GROUP ORD 308,306 308,306
    ENVESTNET ORD 843,802 843,802
    EQUITABLE HOLDINGS INC 76,340 76,340
    EURONET WORLDWIDE ORD 907,054 907,054
    FARM CREDIT BANK OF TEXAS 108,700 108,700
    FEDERAL SIGNAL ORD 733,654 733,654
    FIRST CITIZENS BANCSHARES INC (DELAWARE) 34,260 34,260
    FIRST HORIZON CORP (TENNESSEE) 40,840 40,840
    FIRST REPUBLIC BANK 93,779 93,779
    FOX FACTORY HOLDING ORD 610,158 610,158
    FRONTDOOR ORD 424,676 424,676
    FULTON FINANCIAL CORP 35,857 35,857
    GENERAL MOTORS FINANCIAL COMPANY INC 22,263 22,263
    GENTHERM ORD 738,682 738,682
    GLOBUS MEDICAL CL A ORD 750,878 750,878
    GMAC CAPITAL TRUST I 73,143 73,143
    GRAND CANYON EDUCATION ORD 1,082,683 1,082,683
    HEALTHCARE SERVICES ORD 642,647 642,647
    HIG MIDDLE MARKET LBO FUND III, LP 98,151 98,151
    HMS HOLDINGS ORD 1,030,286 1,030,286
    HOULIHAN LOK CL A ORD 898,394 898,394
    HUNTINGTON BANCSHARES INC 37,013 37,013
    HURON CONSULTING GROUP ORD 822,765 822,765
    INVICTUS OPPORTUNITY FUND II, LP 3,370,272 3,370,272
    IR&M CORE BOND FD II 40,370,904 40,370,904
    IRIDIUM COMMUNICATIONS ORD 1,271,456 1,271,456
    ISHARES:CORE S&P 500 71,632,295 71,632,295
    JPMORGAN CHASE & CO 105,021 105,021
    LANDSTAR SYSTEM ORD 593,177 593,177
    LAUREATE EDUCATION CL A ORD 836,865 836,865
    M&T BANK CORP 19,620 19,620
    MARKETAXESS HOLDINGS ORD 1,163,942 1,163,942
    MARRIOTT VACATIONS WORLDWIDE ORD 831,004 831,004
    MAXIMUS ORD 927,244 927,244
    METLIFE INC 35,477 35,477
    MFB NTGI COM DAILY S&P500 EQTY 8,152,521 8,152,521
    MORGAN STANLEY 121,986 121,986
    NATIONAL RETAIL PROPERTIES INC 28,561 28,561
    NATIONAL STORAGE AFFILIATES TRUST 34,322 34,322
    NEWBURY EQUITY PARTNERS IV, LP 10,229,387 10,229,387
    NEWBURY EQUITY PARTNERS V, LP 314,391 314,391
    ORMAT TECH ORD 987,573 987,573
    PNC FINANCIAL SERVICES GROUP INC 34,962 34,962
    PRIMORIS SERVICES ORD 770,485 770,485
    PRUDENTIAL FINANCIAL INC 25,333 25,333
    PS BUSINESS PARKS INC 27,405 27,405
    QUALYS ORD 754,985 754,985
    RE MAX HOLDINGS CL A ORD 474,724 474,724
    REGIONS FINANCIAL CORP 42,197 42,197
    REV GROUP ORD 49,274 49,274
    REXFORD INDUSTRIAL REALTY INC 31,488 31,488
    RLI ORD 813,620 813,620
    SCE TRUST V 80,923 80,923
    SELECTIVE INSURANCE GROUP INC 20,672 20,672
    SEMPRA ENERGY 75,075 75,075
    SILCHESTER INTL EQUITY TRUST 47,233,047 47,233,047
    SILICON LABORATORIES ORD 773,081 773,081
    STONEX GROUP ORD 829,244 829,244
    TA XIII-B, LP 5,698,539 5,698,539
    TEMPUR SEALY INTERNATIONAL ORD 694,548 694,548
    THERMON GROUP HOLDINGS ORD 367,618 367,618
    THOR INDUSTRIES ORD 464,670 464,670
    TRUIST FINANCIAL CORP 253,241 253,241
    U.S. BANCORP 132,168 132,168
    UNIVERSAL HEALTH SERVICES CL B ORD 432,300 432,300
    VIRTU FINANCIAL CL A ORD 1,022,456 1,022,456
    WELLS FARGO & CO 225,096 225,096
    WHITEHORSE LIQUIDITY PARTNERS II, LP 6,672,013 6,672,013
    WHITEHORSE LIQUIDITY PARTNERS IV, LP 2,038,092 2,038,092

    TY 2020 OtherAssetsSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EQ/MMF INTEREST RECEIVABLE 72,696 0 0
    BOND INTEREST RECEIVABLE 60,184 50,065 50,065
    INTEREST SALES RECEIVABLE 3,958,518 4,007 4,007


    TY 2020 OtherExpensesSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAM SUPPORT 9,047,508 0   9,047,508
    DUES 500 0   0
    OTHER DEDUCTIONS 822 454,202   0


    TY 2020 OtherIncomeSchedule2
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME FROM PASS THROUGH   337,498  


    TY 2020 OtherIncreasesSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Description Amount
    UNREALIZED GAIN 11,220,733


    TY 2020 OtherLiabilitiesSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Description Beginning of Year - Book Value End of Year - Book Value
    INVESTMENT PURCHASES PAYABLE 206,653 16,072
    TAXES PAYABLE 111,059 47,187


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 914,069 1,501,533   0
    FOREIGN TAXES FROM PASS THROUGH 0 155,721   0


    TY 2020 TaxesSchedule
    Name:
    TENNESSEE HEALTH FOUNDATION INC
    EIN:
    20-0298456
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 84,203 0   0