Form990-PF
Click to see attachment
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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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
Boone Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)4809 Cole Avenue 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Dallas, TX75205
A Employer identification number

26-1407294
B Telephone number (see instructions)

(214) 368-0828
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$32,055,863J 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 365 365  
4 Dividends and interest from securities... 652,867 652,867  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 3,423,263
b Gross sales price for all assets on line 6a 11,173,541
7 Capital gain net income (from Part IV, line 2)... 3,421,723
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 -75,008 -80,519  
12 Total. Add lines 1 through 11........ 4,001,487 3,994,436  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 310,625 20,625   290,000
14 Other employee salaries and wages...... 30,544 11,459   19,085
15 Pension plans, employee benefits....... 55,670 6,225   49,445
16a Legal fees (attach schedule)......... Click to see attachment 6,992 3,496   3,496
b Accounting fees (attach schedule)....... Click to see attachment 17,550 13,163   4,387
c Other professional fees (attach schedule).... Click to see attachment 215,698 210,040   5,658
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 46,254 1,182   72
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 list of attachments 14,164 3,636   10,528
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 697,497 269,826   382,671
25 Contributions, gifts, grants paid....... 5,718,000 5,718,000
26 Total expenses and disbursements. Add lines 24 and 25 6,415,497 269,826   6,100,671
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,414,010
b Net investment income (if negative, enter -0-) 3,724,610
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,001,056 1,858,103 1,858,103
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)....... 12,290,506 Click to see attachment11,777,953 16,189,407
c Investments—corporate bonds (attach schedule)....... 5,422,846 Click to see attachment5,068,190 5,054,251
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,711,688 Click to see attachment6,300,697 8,932,576
14 Land, buildings, and equipment: basis bullet26,837
Less: accumulated depreciation (attach schedule) bullet26,837      
15 Other assets (describe bullet) Click to see attachment14,383 Click to see attachment21,526 Click to see attachment21,526
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,440,479 25,026,469 32,055,863
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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...........    
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 27,440,479 25,026,469
29 Total net assets or fund balances (see instructions)..... 27,440,479 25,026,469
30 Total liabilities and net assets/fund balances (see instructions). 27,440,479 25,026,469
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
27,440,479
2
Enter amount from Part I, line 27a .....................
2
-2,414,010
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
25,026,469
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
25,026,469
Form 990-PF (2021)
Form 990-PF (2021)
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 publicly traded securities P 2001-01-01 2021-12-31
b K-1 pass-through capital gains (losses) P 2001-01-01 2021-12-31
c Goldentree Offshore Ltd. P 2001-01-01 2021-12-31
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 10,366,213   7,738,153 2,628,060
b 722,942     722,942
c 82,846   12,125 70,721
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       2,628,060
b       722,942
c       70,721
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 3,421,723
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 51,772
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 51,772
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 50,830
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 58,830
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 7,058
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet7,058 RefundedBullet 11  
Part VI-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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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.theboonefamilyfoundation.org
    14
    The books are in care ofbulletAimee Cunningham Telephone no.bullet (512) 657-8631

    Located atbullet4809 Cole Avenue Suite 300DallasTX ZIP+4bullet75205
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    Garrett Boone Pres./Director
    4.00     		0    
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Cecilia Boone Director
    2.00     		0    
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Daniel Guthrie Boone Director
    1.00     		0    
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Jane Alexandra Boone Director
    1.00     		0    
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Katherine N Boone Director
    1.00     		0    
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Aimee Boone Cunningham Director
    1.00     		15,000    
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Chet Edward Cunningham Director
    1.00     		0    
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Cynthia Yung ED/Secretary
    40.00     		268,125 32,882  
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    Lauren Conway Treas/A. Sec
    4.00     		27,500 4,652  
    4809 Cole Avenue Suite 300
    Dallas,TX75205
    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  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    UBS Private Wealth Management Invest. Mgmt/custody 132,242
    100 Crescent Ct Ste 400
    Dallas,TX75201
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    25,163,272
    b
    Average of monthly cash balances.......................
    1b
    1,691,102
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,377,445
    d
    Total (add lines 1a, b, and c).........................
    1d
    32,231,819
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    32,231,819
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    483,477
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    31,748,342
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,587,417
    Part X
    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 IX, line 6..................
    1
    1,587,417
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    51,772
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    51,772
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,535,645
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,535,645
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,535,645
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,535,645
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 2,812,156
    b From 2017...... 2,859,080
    c From 2018...... 2,517,057
    d From 2019...... 4,144,610
    e From 2020...... 2,827,311
    f Total of lines 3a through e ........ 15,160,214
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,100,671
    a Applied to 2020, 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)........     		0
    d Applied to 2021 distributable amount..... 1,535,645
    e Remaining amount distributed out of corpus 4,565,026
    5 Excess distributions carryover applied to 2021.    
    (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 19,725,240
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		2,812,156
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		16,913,084
    10 Analysis of line 9:
    a Excess from 2017.... 2,859,080
    b Excess from 2018.... 2,517,057
    c Excess from 2019.... 4,144,610
    d Excess from 2020.... 2,827,311
    e Excess from 2021.... 4,565,026
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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).)
    Garrett Boone
    Cecilia Boone
    Daniel Guthrie Boone
    Katherine N Boone
    Aimee Boone Cunningham
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    Abide Women's Health Services
    2612 MLK Jr Blvd
    Dallas,TX75215     		N/A PC 2021 Abide Women's Health Services Capital Campaign 15,000
    ACLU Foundation of Texas
    5225 Katy Freeway Ste 350
    Houston,TX77007     		N/A PC 2021 Reproduction Freedom advocacy program 100,000
    All Stars Project Inc
    1835 Young Street
    Dallas,TX75201     		N/A PC 2021-2022 Year-long Leadership Development Program 50,000
    Alliance for Justice
    11 Dupont Circle NW Suite 500
    Washington,DC20036     		N/A PC 2021 Bolder Advocacy Texas Program Support 50,000
    Bachman Lake Together
    9507 Overlake Drive
    Dallas,TX75220     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Big Thought
    1409 Botham Jean Blvd Ste 1015
    Dallas,TX75215     		N/A PC 2021 Dallas City of Learning Summer STEM Programs 100,000
    Center for Reproductive Rights Inc
    199 Water Street 22nd Floor
    New York,NY10038     		N/A PC 2021 Supporting our Partners in the Fight for Reproductive Rights in Texas 25,000
    Children at Risk
    2900 Live Oak Street
    Dallas,TX75204     		N/A PC 2021 Advocacy program for families and students impacted by Covid-19 25,000
    City Year Inc
    287 Columbus Avenue
    Boston,MA02116     		N/A PC 2021 Covid Response & Support for Teachers and Students 50,000
    CityBridge Education
    600 New Hampshire Ave NW
    Washington,DC20015     		N/A PC 2021 Operating Support to incubate innovative Public Schools and City Tutor DC 25,000
    Commit
    3800 Maple Avenue Ave Ste 800
    Dallas,TX75219     		N/A PC 2021 Operating support 50,000
    Dallas Afterschool
    3900 Willow Street Ste 110
    Dallas,TX75226     		N/A PC 2021 SEL curriculum to address Covid impact 50,000
    DC Prep
    707 Edgewood Street NE
    Washington,DC20017     		N/A PC 2021 General operating support for school year 2021-2022 75,000
    Education Opens Doors Inc
    2804 Swiss Avenue
    Dallas,TX75204     		N/A PC 2021 General operating support 50,000
    Empowering the Masses
    2922 MLK Jr Blvd Suite 115
    Dallas,TX75215     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Exponent Philanthropy
    1720 N Street NW
    Washington,DC20036     		N/A PC 2021 General operating support 780
    For Oak Cliff
    907 E Ledbetter Dr
    Dallas,TX75216     		N/A PC 2021 Capital campaign 200,000
    Foundation Communities
    3036 S 1st Street Suite 200
    Austin,TX78704     		N/A PC Dallas Community Tax Centers 2021-2022 VITA Program 50,000
    Girl Scouts of Northeast Texas
    6001 Summerside Drive
    Dallas,TX75252     		N/A PC 2022 School and community programs 50,000
    Girls Empowerment Network Austin
    3000 S IH-35 Suite 400
    Austin,TX78704     		N/A PC 2021 Dallas girls program support 50,000
    Groundwork Dallas
    9200 Chancellor Row
    Dallas,TX75247     		N/A PC 2021 Green Space Development 150,000
    Heart of Courage
    7441 Marvin D Love Freeway Ste 301
    Dallas,TX75237     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Honored Foundation
    1645 31st St NW
    Washington,DC20007     		N/A PC 2021 Operating support for teacher recognition program 125,000
    Ignite
    510 16th Street
    Oakland,CA94612     		N/A PC 2021 Anne Moses Fellowship 100,000
    Ignite
    510 16th Street
    Oakland,CA94612     		N/A PC Political Power in Young Women Across Texas 100,000
    ilooklikeLOVE Inc
    P O Box 151596
    Dallas,TX75315     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Inclusive Communities Project
    3301 Elm St
    Dallas,TX75226     		N/A PC 2021 Employment and Covid-19 research project 15,000
    Jolt Initiative Inc
    P O Box 4185
    Austin,TX78765     		N/A PC 2021 Climate change and women's leadership programs 25,000
    Jolt Initiative Inc
    P O Box 4185
    Austin,TX78765     		N/A PC RevJen scholarship 13,500
    Jubilee Park Community Center
    917 Bank Street
    Dallas,TX75223     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Leadership ISD
    1349 Empire Central Dr Ste 400
    Dallas,TX75247     		N/A PC 2021 Dallas County program support 50,000
    Media Matters for America
    P O Box 52155
    Washington,DC20091     		N/A PC 2021 Combating Misinformation on Abortion Rights & Reproductive Health 25,000
    Metrocrest Services
    13801 Hutton Dr 150
    Farmers Branch,TX75234     		N/A PC 2021 Building Our Future Capital Campaign 250,000
    Mosaic Family Services Inc
    12225 Greenville Ave Ste 800
    Dallas,TX75243     		N/A PC 2021 General operating support 50,000
    N TX AllianceReduce Teen Pregnancy
    624 N Good Latimer Suite 100
    Dallas,TX75204     		N/A PC 2021 General operating support 25,000
    North Texas Public Broadcasting Inc
    3000 Harry Hines Blvd
    Dallas,TX75201     		N/A PC 2021 KERA Kid's Channel and streaming service 50,000
    Our Friend's Place
    6500 Greenville Ave Suite 620
    Dallas,TX75206     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Parkland Foundation
    1341 W Mockingbird Ln Suite 110E
    Dallas,TX75247     		N/A PC Breast Health Center 600,000
    Paul Quinn College
    3837 Simpson Stuart Rd
    Dallas,TX75241     		N/A PC 2021 Urban Research Initiative Fellowship program 33,000
    Per Scholas Inc
    211 N Ervay Suite 700
    Dallas,TX75201     		N/A PC 2022 Women in Tech initiative 50,000
    Philanthropy Southwest
    1910 Pacific Avenue Suite 1350
    Dallas,TX75201     		N/A PC 2021 General operating support 3,500
    Planned Parenthood Advocates of Tex
    2708 S Lamar Street Suite 200A
    Austin,TX78704     		N/A PC 2021 General operating support 50,000
    Planned Parenthood Federation of Am
    123 Wiliam Street
    New York,NY10038     		N/A PC 2021 Resolute Campaign EPIC electronic health records system 250,000
    Planned Parenthood of Greater Texas
    201 E Ben White Blvd
    Austin,TX78704     		N/A PC 2021 Together Campaign LARC program 500,000
    Reading Partners North Texas
    2910 Swiss Avenue
    Dallas,TX75204     		N/A PC 2021 Reading Partners Literacy Intervention for Systemically Disadvantaged North Texas K-3 Students 50,000
    ReflectUS
    80 M Street SE Floor 1
    Washington,DC20003     		N/A PC 2021 ReflectUS Texas program support 25,000
    Southern Gateway Public Green Found
    300 Crescent Court Suite 400
    Dallas,TX75201     		N/A PC Southern Gateway Park: A Park with a Purpose Reconnecting a Community Divided by the Interstate 250,000
    T R Hoover Community Development Co
    5106 Bexar Street
    Dallas,TX75215     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Teach for America-DC Region
    1805 7th Street NW 7th Floor
    Washington,DC20001     		N/A PC 2021 Education Transition Fund 25,000
    Teach for America-DFW
    600 N Pearl Street Suite 2300
    Dallas,TX75201     		N/A PC 2021-2022 Teacher Development and Alumni Program Support 50,000
    Teach Plus Inc
    27 Wormwood Street
    Boston,MA02210     		N/A PC 2021-2022 DFW Policy Impact Fellowship and Texas Teacher Network 50,000
    Texas Appleseed
    1609 Shoal Creek Suite 201
    Austin,TX78701     		N/A PC 2021 School Policing Policy for Dallas and Texas 25,000
    Texas Equal Access Fund
    P O Box 227336
    Dallas,TX75222     		N/A PC 2021 Operating support 25,000
    Texas Organizing Project Education
    700 S Zarzamora Suite 212
    San Antonio,TX78207     		N/A PC 2021 Dallas Education program 25,000
    Texas Solar Energy Society
    231 Baron Creek Trail
    Bastrop,TX78602     		N/A PC 2021 Training-to-Jobs Opportunities for Dallas Area Post Secondary Women 15,000
    Texas Women's Foundation
    8150 N Central Expwy Suite 110
    Dallas,TX75206     		N/A PC 2021 Transforming Texas for Women and Girls 250,000
    The 19th News
    1201 Barbara Jordan Blvd Suite 700
    Austin,TX78723     		N/A PC 2021 General operating support 50,000
    The IF Institute
    1312 Paintbrush St
    Mesquite,TX75149     		N/A PC 2021 General operating support for students 12,220
    The OpEd Project Public Knowledge F
    175 Varick Street
    New York,NY10025     		N/A PC 2022 Dallas Public Voices program for Women leaders 60,000
    The Trust for Public Land
    101 Montgomery St Suite 900
    San Francisco,CA94104     		N/A PC Matching grant for 5 Mile Creek Project 800,000
    United to Learn
    1600 Viceroy Drive Suite 150
    Dallas,TX75235     		N/A PC 2021 General operating support for Dallas ISD schools 50,000
    United to Learn
    1600 Viceroy Drive Suite 150
    Dallas,TX75235     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    United Way of Metropolitan Dallas
    1800 N Lamar
    Dallas,TX75202     		N/A PC 2021 OUAM program 150,000
    University of Denver Colorado Semin
    2148 S High Street
    Denver,CO80208     		N/A PC 2021 IHAC LINK project 25,000
    UpTogether
    P O Box 71363
    Oakland,CA94612     		N/A PC Targeted Eviction Prevention Program Fund 100,000
    Urban Teacher Center
    1800 Washington Blvd Suite 411
    Baltimore,MD21230     		N/A PC 2022 Dallas Teacher Program 100,000
    Vickery Meadow Youth Development Fn
    4809 Cole Avenue 375
    Dallas,TX75205     		N/A PC 2021 Dallas snowstorn relief efforts 10,000
    Viola's House
    1828 South Blvd
    Dallas,TX75215     		N/A PC 2021 Dallas snowstorm relief efforts 10,000
    Total .................................bullet 3a 5,718,000
    bApproved for future payment
    Honored Foundation
    1645 31st St NW
    Washington,DC20007     		N/A PC 2022-23 Operating support for teacher recognition program 250,000
    Paul Quinn College
    3837 Simpson Stuart Rd
    Dallas,TX75241     		N/A PC 2022 Urban Research Initiative Fellowship program 33,000
    Planned Parenthood Federation of Am
    123 William Street
    New York,NY10038     		N/A PC Resolute Campaign EPIC electronic health records system 750,000
    Southern Gateway Public Green Found
    300 Crescent Court Suite 400
    Dallas,TX75201     		N/A PC Southern Gateway Park: A Park with a Purpose Reconnecting a Community Divided by the Interstate 250,000
    Trinity Park Conservancy
    1444 Oak Lawn Ave Suite 200
    Dallas,TX75207     		N/A PC Harold Simmons Park Capital Campaign 1,000,000
    Total .................................bullet 3b 2,283,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........     		    14 365  
    4 Dividends and interest from securities ....          
    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 ............     		901101 1,540 18 3,421,723  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    a2019 excise tax refunded     		        10,555
    bGSouth K-1 income/(loss)     14 21,764  
    cKA RE K-1 income/(loss)     14 26,905  
    dMLPs K-1 income/(loss) 901101        
    eOther misc. income     14 135  
    fOV,LP K-1 income/(loss)     14 48,885  
    gRethink Ed. K-1 income/(loss) 901101 -5,222 14 -5,733 178
    hTWVF K-1 income/(loss)     14 -172,475  
    12 Subtotal. Add columns (b), (d), and (e) .. -3,682 3,994,436 10,733
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,001,487
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11a. K-1 tax-exempt or non-deductible, net
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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)
    Yes
     
    (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
    1a(1) 0 The Dallas Assembly Membership dues
    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 (2021)
    Additional Data


    Software ID: 21013475
    Software Version: 2021v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting and tax prep.services 17,550 13,163 0 4,387

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    QPI (Rethink Ed) K-1 2021-01 Purchase 2021-12   16   Cost   16  
    QPI (Rethink Ed.) K-1 2001-01 Purchase 2021-12   1,524   Cost   1,524  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Corporate bonds 5,068,190 5,054,251

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Corporate stocks 11,777,953 16,189,407

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Alternative investments AT COST 2,678,050 1,732,724
    Owl Ventures, LP AT COST 313,251 1,994,067
    Rethink Education, LP AT COST 449,055 791,612
    Kayne Anderson Real Estate Debt LP AT COST 341,100 359,369
    Growsouth Fund, LP AT COST 221,524 219,238
    Mutual funds AT COST 2,297,717 3,835,566

    TY 2021 LandEtcSchedule2
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 12,371 12,371    
    Machinery and Equipment 14,466 14,466    


    TY 2021 LegalFeesSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal services 6,992 3,496 0 3,496


    TY 2021 OtherAssetsSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Income receivable 12,212 21,526 21,526


    TY 2021 OtherExpensesSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Auto expenses 709     709
    Bank service charges 152 152    
    Community activities 1,313     1,313
    Computer/internet/software 2,184     2,184
    Insurance 4,819 2,410   2,409
    Meals & entertainment 1,270     1,270
    Memberships 997     997
    Office supplies and expenses 179     179
    Other investment expenses 1,074 1,074    
    Postage 49     49
    Professional development 309     309
    Publications and subscriptions 1,109     1,109


    TY 2021 OtherIncomeSchedule2
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    2019 excise tax refunded 10,555    
    GSouth K-1 income/(loss) 21,764 21,764  
    KA RE K-1 income/(loss) 26,905 26,905  
    Other misc. income 135 135  
    OV,LP K-1 income/(loss) 48,885 48,885  
    Rethink Ed. K-1 income/(loss) -10,777 -5,733  
    TWVF K-1 income/(loss) -172,475 -172,475  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Cambiar INTL investment mgmt 309 309 0 0
    JP Morgan Advisory/custody 2,150 2,150 0 0
    Kayne SCV investment mgmt 22,441 22,441 0 0
    Parametric investment mgmt 12,636 12,636 0 0
    Reinhart Corp FI investment mgmt 6,662 6,662 0 0
    Seix High Yield investment mgmt 5,624 5,624 0 0
    Spark Bell DEI consulting 4,400 0 0 4,400
    UBS investment management 132,242 132,242 0 0
    Vaughn Nelson SMID investment mgmt 14,264 14,264 0 0
    Website and other 1,258 0 0 1,258
    Yacktman LCV investment mgmt 13,712 13,712 0 0


    TY 2021 TaxesSchedule
    Name:
    Boone Family Foundation
    EIN:
    26-1407294
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax paid 45,000      
    Foreign tax paid 1,182 1,182    
    Personal property tax paid 72     72