Form990-PF
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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
ROBERT L & KATHRINA H MACLELLAN FOUNDA
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)820 BROAD STREET 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHATTANOOGA, TN374022604
A Employer identification number

23-7159802
B Telephone number (see instructions)

(423) 755-1857
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$63,631,052J 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 52 52  
4 Dividends and interest from securities... 856,390 824,744  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,657,750
b Gross sales price for all assets on line 6a 54,381,208
7 Capital gain net income (from Part IV, line 2)... 15,657,750
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 322,467 208,456  
12 Total. Add lines 1 through 11........ 16,836,659 16,691,002  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 202,488 8,100   194,388
14 Other employee salaries and wages...... 187,504 0   187,504
15 Pension plans, employee benefits....... 68,224 891   67,333
16a Legal fees (attach schedule)......... Click to see attachment 1,010 0   1,010
b Accounting fees (attach schedule)....... Click to see attachment 13,139 3,285   9,854
c Other professional fees (attach schedule).... Click to see attachment 280,695 267,739   12,956
17 Interest............... 38,759 38,759   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 20,178 20,178   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 12,521 0  
20 Occupancy.............. 20,512 2,051   18,461
21 Travel, conferences, and meetings....... 8,911 0   7,911
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 535,484 286,352   248,234
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,389,425 627,355   747,651
25 Contributions, gifts, grants paid....... 2,459,090 2,459,090
26 Total expenses and disbursements. Add lines 24 and 25 3,848,515 627,355   3,206,741
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,988,144
b Net investment income (if negative, enter -0-) 16,063,647
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......... 436,703 6,588,641 6,588,641
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)....... 21,390,612 Click to see attachment14,075,471 15,736,565
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 21,386,547 Click to see attachment35,739,558 40,935,041
14 Land, buildings, and equipment: basis bullet499,324
Less: accumulated depreciation (attach schedule) bullet128,519 383,326 Click to see attachment370,805 370,805
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 43,597,188 56,774,475 63,631,052
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment189,143
23 Total liabilities (add lines 17 through 22)......... 0 189,143
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........ 43,597,188 56,585,332
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 43,597,188 56,585,332
30 Total liabilities and net assets/fund balances (see instructions). 43,597,188 56,774,475
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
43,597,188
2
Enter amount from Part I, line 27a .....................
2
12,988,144
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
56,585,332
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
56,585,332
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 PERSHING 2178 PUBLICLY TRADED SECURITIES SHORT TERM      
b PERSHING 2178 PUBLICLY TRADED SECURITIES LONG TERM      
c PERSHING 1300 PUBLICLY TRADED SECURITIES SHORT TERM      
d PERSHING 6243 PUBLICLY TRADED SECURITIES SHORT TERM      
e PERSHING 6243 PUBLICLY TRADED SECURITIES LONG TERM      
PERSHING 3028 PUBLICLY TRADED SECURITIES SHORT TERM      
PERSHING 3028 PUBLICLY TRADED SECURITIES SHORT TERM      
FIDELITY 8213 PUBLICLY TRADED SECURITIES SHORT TERM      
FIDELITY 8213 PUBLICLY TRADED SECURITIES LONG TERM      
FIDELITY 8166 PUBLICLY TRADED SECURITIES SHORT TERM      
FIDELITY 8166 PUBLICLY TRADED SECURITIES LONG TERM      
FIDELITY 8212 PUBLICLY TRADED SECURITIES SHORT TERM      
SHORT TERM CAPITAL GAINS FROM PARTNERSHIPS P   2021-12-31
LONG TERM CAPITAL GAINS FROM PARTNERSHIPS P   2021-12-31
1231 GAINS FROM PARTNERSHIPS P   2021-12-31
ELLIOTT INTERNATIONAL P   2021-12-31
LIGHT STREET BEACON CO-INVEST 4 LP P   2021-12-31
MIDOCEAN TACTICAL FUND P   2021-12-31
CAPITAL GAINS DIVIDENDS 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 1,093,598   971,589 122,009
b 4,725,542   2,518,735 2,206,807
c 5,111,126   3,114,054 1,997,072
d 148,902   160,929 -12,027
e 2,331,643   1,250,346 1,081,297
1,215,355   1,030,603 184,752
27,481   26,097 1,384
22,176,613   20,700,080 1,476,533
10,118,510   5,340,272 4,778,238
15,251   13,547 1,704
2,345   4,770 -2,425
113,271   112,473 798
    341,377 -341,377
3,579,211     3,579,211
65     65
3,080,083   2,500,000 580,083
526,793   535,281 -8,488
114,024   103,305 10,719
1,395     1,395
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       122,009
b       2,206,807
c       1,997,072
d       -12,027
e       1,081,297
      184,752
      1,384
      1,476,533
      4,778,238
      1,704
      -2,425
      798
      -341,377
      3,579,211
      65
      580,083
      -8,488
      10,719
      1,395
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 15,657,750
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 0
3 Add lines 1 and 2........................... 3 223,285
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- ..... 5 223,285
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 89,386
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 89,386
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 9 133,899
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   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$ 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 XIV..................................
    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 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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHTTP://WWW.MACLELLAN.NET/CMS/ABOUT
    14
    The books are in care ofbulletR H MACLELLAN PRESIDENT TREASURE Telephone no.bullet (423) 755-1857

    Located atbullet820 BROAD STREET SUITE 300CHATTANOOGATN 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 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
    Yes
     
    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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 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
    ROBERT H MACLELLAN CHAIRMAN
    38.00     		202,488 22,274 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    ROBERT BOSWORTH COMPENSATION COMMITTEE CHAIR
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    ROBERT C DIVINE TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    DONALD J HOLWERDA GOVERNANCE COMMITTEE CHAIR
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    REID A MACLELLAN SECRETARY
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    JONATHAN B ROLEN TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    N CARTER NEWBOLD TREASURER
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    TYLER SIIRA TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    JEROME STAUFFER TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    LARA MUNFORD-SHIELDS TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    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
    TYLER B HARR GRANT OFFICER
    36.00     		72,085 7,929 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    JEREE B SKEEN OFFICE MANAGER AND S
    36.00     		65,293 7,182 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    TONYA A WHITMAN GRANT OFFICER
    36.00     		50,125 5,514 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 FOR PROVIDING TECHNICAL ASSISTANCE AND CONSULTING FOR GRANTEES.THE FOUNDATION PARTNERED WITH THE MACLELLAN FOUNDATION, INC. AND CATCHAFIRE TO BRING VOLUNTEER CONSULTANT WORK TO OUR MINISTRY PARTNERS WHERE THEY HAVE CAPACITY NEEDS. ADDITIONALLY, WE PARTNERED WITH A CONSULTANT TO PROVIDE COACHING AND CONSULTING SERVICES TO PROVIDE TRAINING, CONSULTING ON STRATEGIC PLANNING AND LEADERSHIP COACHING FOR GRANTEES. 38,386
    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.........................bullet0
    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
    31,788,259
    b
    Average of monthly cash balances.......................
    1b
    2,967,627
    c
    Fair market value of all other assets (see instructions)................
    1c
    41,534,176
    d
    Total (add lines 1a, b, and c).........................
    1d
    76,290,062
    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
    76,290,062
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,144,351
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    75,145,711
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,757,286
    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
    3,757,286
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    223,285
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    223,285
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,534,001
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,534,001
    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 XII, line 1 ...
    7
    3,534,001
    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 3,534,001
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 893,313
    b From 2017......  
    c From 2018...... 616,017
    d From 2019...... 1,007,509
    e From 2020...... 1,075,854
    f Total of lines 3a through e ........ 3,592,693
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,206,741
    a Applied to 2020, but not more than line 2a 0
    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 2021 distributable amount..... 3,206,741
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 327,260 327,260
    (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 3,265,433
    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 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) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		566,053
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		2,699,380
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 616,017
    c Excess from 2019.... 1,007,509
    d Excess from 2020.... 1,075,854
    e Excess from 2021....  
    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).)
    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:
    TONYA WHITMAN
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN374022604
    (423) 755-3202
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS MUST BE SUBMITTED ONLINE AT WWW.MACLELLAN.NET WHERE INSTRUCTIONS ARE PROVIDED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    REFER TO WWW.MACLELLAN.NET FOR INFORMATION OR CALL GRANTS MANAGER AT (423) 755-3202
    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
    1040 CONNECTIONS INC
    PO BOX 1141
    HIXSON,TN37343     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    AAA WOMENS SERVICES INC
    951 EASTGATE LOOP SUITE 1000
    CHATTANOOGA,TN37411     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 5,000
    ANIMAL CARE TRUST
    4500 NORTH ACCESS ROAD
    CHATTANOOGA,TN37415     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    BETHEL BIBLE VILLAGE
    PO BOX 729
    HIXSON,TN37343     		NONE 501(C)(3) FOR SPIRITUAL FORMATION AND EDUCATION. 50,000
    BIG BROTHERS BIG SISTERS OF GREATER CHATTANOOGA
    2015 BAILEY AVENUE
    CHATTANOOGA,TN37404     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 5,000
    CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE
    507 MCFARLAND ROAD SUITE B
    LOOKOUT MOUNTAIN,GA30750     		NONE 501(C)(3) FOR RESTORATION AND REHABILITATION PROGRAMS. 50,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR BUILDING ORGANIZATIONAL CAPACITY. 150,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR SPIRITUAL FORMATION AND EDUCATION. 60,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR LEADERSHIP DEVELOPMENT OR TRAINING. 40,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR EDUCATION OF YOUTH AND CHILDREN. 2,500
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR BUILDING ORGANIZATIONAL CAPACITY. 40,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR A MEDIA DRIVEN PROJECT. 45,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 30,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 100,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 50,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR OUTREACH TO THE INDIGENT. 100,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 30,000
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    345 FRAZIER AVENUE UNIT 205
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 301,540
    CHATTANOOGA CHRISTIAN SCHOOL INC
    3354 CHARGER DRIVE
    CHATTANOOGA,TN37409     		NONE 501(C)(3) FOR BUILDING INFRASTRUCTURE. 165,000
    CHATTANOOGA CHRISTIAN SCHOOL INC
    3354 CHARGER DRIVE
    CHATTANOOGA,TN37409     		NONE 501(C)(3) FOR BUILDING INFRASTRUCTURE. 165,000
    CHATTANOOGA CHRISTIAN SCHOOL INC
    3354 CHARGER DRIVE
    CHATTANOOGA,TN37409     		NONE 501(C)(3) FOR EDUCATION OF YOUTH AND CHILDREN. 5,000
    CHATTANOOGA CHURCH MINISTRIES INC
    PO BOX 11203
    CHATTANOOGA,TN37401     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    CHATTANOOGA CHURCH MINISTRIES INC
    PO BOX 11203
    CHATTANOOGA,TN37401     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    CHATTANOOGA RESCUE MISSION
    PO BOX 3624
    CHATTANOOGA,TN37404     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    CHATTANOOGA SPORTS MINISTRIES (PROGRAM OF CHATT FC FDN)
    PO BOX 4493
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,500
    CHATTANOOGA SPORTS MINISTRIES (PROGRAM OF CHATT FC FDN)
    PO BOX 4493
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    CHURCH OF THE FIRST BORN
    PO BOX 2009
    CHATTANOOGA,TN37409     		NONE 501(C)(3) FOR EDUCATION OF YOUTH AND CHILDREN. 40,000
    COMMUNITY FOUNDATION OF GREATER CHATTANOOGA INC
    1400 WILLIAMS ST
    CHATTANOOGA,TN37408     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 2,000
    FCA - CHATTANOOGA AREA
    PO BOX 338
    HIXSON,TN37343     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 25,000
    FOR HIS CHILDREN
    PO BOX 1144
    MURRELLS INLET,SC29576     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    GIRLS PREPARATORY SCHOOL
    PO BOX 4736
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR EDUCATION OF YOUTH AND CHILDREN. 1,000
    HEBER SPRINGS HUMANE SOCIETY
    49 SHELTER LANE
    HEBER SPRINGS,AR72543     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    HOPE FELLOWSHIP PRESBYTERIAN CHURCH
    PO BOX 400
    HARRAH,WA98933     		NONE 501(C)(3) FOR OUTREACH TO THE INDIGENT. 1,000
    HOPE INTERNATIONAL
    227 GRANITE RUN DRIVE SUITE 250
    LANCASTER,PA17601     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 5,000
    HOPE INTERNATIONAL
    227 GRANITE RUN DRIVE SUITE 250
    LANCASTER,PA17601     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    HOPE INTERNATIONAL
    227 GRANITE RUN DRIVE SUITE 250
    LANCASTER,PA17601     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 5,000
    HUMANE EDUCATIONAL SOCIETY OF CHATTANOOGA TENN
    212 NORTH HIGHLAND PARK AVENUE
    CHATTANOOGA,TN37404     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    INTERVARSITY - CHATTANOOGA CHAPTER
    PO BOX 7895
    MADISON,WI53707     		NONE 501(C)(3) FOR SPIRITUAL FORMATION AND EDUCATION. 26,000
    KING UNIVERSITY
    1350 KING COLLEGE ROAD
    BRISTOL,TN37620     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 250,000
    LIFESPRING COMMUNITY HEALTH
    PO BOX 3589
    CHATTANOOGA,TN37404     		NONE 501(C)(3) FOR BUILDING ORGANIZATIONAL CAPACITY. 40,000
    MARION COUNTY RESOURCE CONNECTION
    PO BOX 153
    JASPER,TN37347     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    MISSION INCREASE
    7357 SOUTHWEST BEVELAND STREET
    TIGARD,OR97223     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 5,000
    MISSION INCREASE
    7357 SOUTHWEST BEVELAND STREET
    TIGARD,OR97223     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 5,000
    MISSION INCREASE
    7357 SOUTHWEST BEVELAND STREET
    TIGARD,OR97223     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 100,000
    MOSE AND GARRISON SISKIN MEMORIAL FOUNDATION INC
    1101 CARTER STREET
    CHATTANOOGA,TN37402     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 20,000
    PRISON FELLOWSHIP INTERNATIONAL
    20116 ASHBROOK PLACE SUITE 250
    ASHBURN,VA20147     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 2,000
    PUBLIC SCHOOL BIBLE STUDY COMMITTEE
    PO BOX 4228
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,200
    PUBLIC SCHOOL BIBLE STUDY COMMITTEE
    PO BOX 4228
    CHATTANOOGA,TN37405     		NONE 501(C)(3) FOR EDUCATION OF YOUTH AND CHILDREN. 75,000
    SHRINERS HOSPITALS FOR CHILDREN
    PO BOX 947765
    ATLANTA,GA30394     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    SOZO CHATTANOOGA INC
    3918 TENNESSEE AVE STE 100
    CHATTANOOGA,TN37409     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 5,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    501 SAINT JUDE PLACE
    MEMPHIS,TN38105     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    THE HOUSE UNIVERSITY MINISTRIES OF CHATTANOOGA
    650 MCCALLIE AVE
    CHATTANOOGA,TN37403     		NONE 501(C)(3) FOR LEADERSHIP DEVELOPMENT IN YOUTH. 20,000
    THE HOUSE UNIVERSITY MINISTRIES OF CHATTANOOGA
    650 MCCALLIE AVE
    CHATTANOOGA,TN37403     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 4,000
    THE HOUSE UNIVERSITY MINISTRIES OF CHATTANOOGA
    650 MCCALLIE AVE
    CHATTANOOGA,TN37403     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 9,372
    THE HOUSE UNIVERSITY MINISTRIES OF CHATTANOOGA
    650 MCCALLIE AVE
    CHATTANOOGA,TN37403     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 20,000
    THE HOUSE UNIVERSITY MINISTRIES OF CHATTANOOGA
    650 MCCALLIE AVE
    CHATTANOOGA,TN37403     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 20,628
    THE MCCALLIE SCHOOL INC
    500 DODDS AVENUE
    CHATTANOOGA,TN37404     		NONE 501(C)(3) FOR EDUCATION OF YOUTH AND CHILDREN. 2,000
    THE MCCALLIE SCHOOL INC
    500 DODDS AVENUE
    CHATTANOOGA,TN37404     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 1,000
    TRUSTBRIDGE GLOBAL FOUNDATION USA INC
    1901 ULMERTON RD SUITE 400
    CLEARWATER,FL33629     		NONE 501(C)(3) FOR LEADERSHIP DEVELOPMENT OR TRAINING. 1,350
    TRUSTBRIDGE GLOBAL FOUNDATION USA INC
    1901 ULMERTON RD SUITE 400
    CLEARWATER,FL33629     		NONE 501(C)(3) FOR SPIRITUAL FORMATION AND EDUCATION. 97,500
    TRUSTBRIDGE GLOBAL FOUNDATION USA INC
    1901 ULMERTON RD SUITE 400
    CLEARWATER,FL33629     		NONE 501(C)(3) FOR LEADERSHIP DEVELOPMENT OR TRAINING. 32,500
    UNITED METHODIST NEIGHBORHOOD CENTERS INC
    PO BOX 2156
    CHATTANOOGA,TN37409     		NONE 501(C)(3) FOR OUTREACH TO YOUTH AND CHILDREN. 1,000
    UNITED WAY OF GREATER CHATTANOOGA
    630 MARKET STREET
    CHATTANOOGA,TN37402     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 15,000
    UNITED WAY OF GREATER CHATTANOOGA
    630 MARKET STREET
    CHATTANOOGA,TN37402     		NONE 501(C)(3) FOR BUILDING ORGANIZATIONAL CAPACITY. 100,000
    UNITED WAY OF GREATER CHATTANOOGA
    630 MARKET STREET
    CHATTANOOGA,TN37402     		NONE 501(C)(3) FOR GENERAL OPERATING SUPPORT. 2,000
    YOU TURN MINISTRIES
    2634 DRAKE ROAD
    LEBANON,OH45036     		NONE 501(C)(3) FOR BUILDING INFRASTRUCTURE. 1,000
    YOUNG MEN'S CHRISTIAN ASSOCIATION OF METROPOLITAN CHATTANOOGA
    301 WEST SIXTH STREET
    CHATTANOOGA,TN37402     		NONE 501(C)(3) FOR OUTREACH TO YOUTH AND CHILDREN. 40,000
    YOUNG WOMENS LEADERSHIP ACADEMY FOUNDATION
    1802 BAILEY AVE
    CHATTANOOGA,TN37404     		NONE 501(C)(3) FOR BUILDING INFRASTRUCTURE. 75,000
    Total .................................bullet 3a 2,459,090
    bApproved for future payment
    Total .................................bullet 3b 0
    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 52  
    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 ............     		525990   18 15,657,750  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUNRELATED BUSINESS INCOME     		525990        
    bORDINARY INCOME THROUGH PARTNERSHIPS     14    
    cROYALTY INCOME THROUGH PARTNERSHIPS - SCH ATTACHED     14    
    dOTHER PORTFOLIO INCOME THROUGH PARTNERSHIPS     14    
    eOTHER INCOME THROUGH PARTNERSHIPS - SCH ATTACHED     14    
    fRENTAL INCOME THROUGH PARTNERSHIPS - SCH ATTACHED     16    
    gOTHER MISC INCOME     14    
    12 Subtotal. Add columns (b), (d), and (e) .. 114,011 16,722,648 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    16,836,659
    (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.)
    4 TAX EXEMPT INCOME FROM PASSTHROUGH INVESTMENTS
    11 SECTION 965(A) INCOME INCLUSION FROM PASSTHROUGH INVESTMENTS
    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)
     
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 13,139 3,285   9,854

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

    TY 2021 DepreciationSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    820 BROAD STREET - 4TH FLOOR CONDO 2012-12-27 458,748 99,021 SL 39.000000000000 11,763 0    
    RENOVATIONS 2013-02-11 26,878 4,823 SL 39.000000000000 689 0    
    FURNITURE 2013-01-16 7,871 6,850 200DB 7.000000000000 0 0    
    FURNITURE 2013-02-12 1,144 996 200DB 7.000000000000 0 0    
    FURNITURE 2013-03-13 771 673 200DB 7.000000000000 0 0    
    DELL OUTLET LAPTOP 2013-07-30 1,083 1,023 200DB 5.000000000000 0 0    
    CABINET 2015-11-03 1,500 1,365 200DB 7.000000000000 39 0    
    DELL OUTLET LAPTOP 2016-12-12 1,329 1,247 200DB 5.000000000000 30 0    

    TY 2021 GeneralExplanationAttachment
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Identifier Return Reference Explanation
    INFORMATION ABOUT OFFICERS PART VIII, LINE 1 ROBERT L. & KATHRINA H. MACLELLAN FOUNDATION HAS NO EMPLOYEES BUT REIMBURSES THE MACLELLAN FOUNDATION, INC. FOR ITS SHARE OF DIRECT EMPLOYEE EXPENSES AS WELL AS ANY INCIDENTAL EXPENSES. SERVICES WHICH WERE GENERALLY PROVIDED BY ROBERT H. MACLELLAN, JEREE SKEEN, TYLER HARR, TONYA WHITMAN AND CHARLES W. PHILLIPS WERE FOR VARYING PERCENTAGES OF TIMES. THE ONLY ABOVE MENTIONED PERSON WHO DEVOTES 100% OF HIS TIME TO ROBERT L. & KATHRINA H. MACLELLAN FOUNDATION IS ROBERT H. MACLELLAN.
    DONOR ADVISED FUNDS FORM 990-PF, PART VII-A, LINE 12 DISTRIBUTIONS TOTALING $1,248,862WERE MADE IN 2019 TO A DONOR ADVISED FUND AT CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION (DBA THE GENEROSITY TRUST), EIN# 62-1536731. THE FOUNDATION RETAINED ADVISORY PRIVILEGES. CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION ("CCCF") IS A SECTION 509(A)(1) ORGANIZATION AS REFERRED TO IN SECTION 170(B)(1)(A)(VI). THE ENTIRE AMOUNT WAS TREATED AS A QUALIFYING DISTRIBUTION IN PART XV, LINE 3, CONTRIBUTIONS, GIFTS, GRANTS PAID. THE DONOR-ADVISED FUND AGREEMENT INCLUDES THE FOLLOWING:"CCCF SHALL RECEIVE, REVIEW AND CONSIDER WRITTEN RECOMMENDATIONS FROM THE COMMITTEE CONCERNING GRANTS MADE FROM THE FUND AND ANY CONDITIONS WHICH SHOULD BE PLACED UPON SUCH GRANTS. THE FINAL DECISION CONCERNING SUCH MATTERS SHALL BE MADE BY THE BOARD OF DIRECTORS OF CCCF." "NO INCOME OR PRINCIPAL OF THE FUND SHALL BE USED FOR ANY PURPOSE OR PAID TO ANY BENEFICIARY IF SUCH USE OR PAYMENT WOULD NOT BE PERMITTED BY THE INTERNAL REVENUE CODE (THE "CODE") OR REGULATIONS THEREUNDER FOR AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE, TO WHICH CONTRIBUTIONS ARE DEDUCTIBLE UNDER SECTION 170(C)(2) OF THE CODE."

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY 8213 - CORPORATE STOCK 8,080,902 7,998,215
    FIDELITY 8166 - CORPORATE STOCK 4,299,874 5,888,121
    FIDELITY 8212 - CORPORATE STOCK 1,694,695 1,850,229

    TY 2021 InvestmentsOtherSchedule2
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARORA EQUITY PARTNERS VI-A LP AT COST 368,506 569,967
    CEVIAN CAPITAL LTD AT COST 2,695,340 2,017,939
    DAVIDSON KEMPNER AT COST 917,189 1,226,013
    GOLUB CAPITAL PARTNERS AT COST 697,168 1,734,675
    GTIS US RESIDENTIAL FUND AT COST 93,131 63,505
    HARLAN SPECIAL OPPORTUNITIES FUND III AT COST 505,806 712,679
    IMPACT WORLD EQUITY FUND, LP AT COST 10,405,168 8,578,933
    LIGHT STREET BEACON CO - INVEST 2, L.P. AT COST 85,258 85,258
    LIGHT STREET BEACON CO-INVEST 3 LP AT COST 97,995 65,081
    LIGHT STREET BEACON I, L.P. AT COST 679,751 698,172
    NANOTRONICS SR C PREFERRED STOCK AT COST 24,953 499,991
    NANOTRONICS SR D PREFERRED STOCK2 AT COST 499,991 24,953
    NIBO B FUND I, A SERIES OF VALOR VENTURE FUND SYNDICATES, LP AT COST 100,000 98,667
    OFFSHORE GLOBAL LONG SHORT FUND AT COST 1,350,000 0
    PORTFOLIO ADV SECOND FUND III AT COST 788,165 2,064,735
    RESOLUTE CAPITAL FKA TENTH STREET FUND III LP AT COST 671,980 953,373
    RESOLUTE CAPITAL PARTNERS FUND IV AT COST 756,488 1,221,902
    SEG PARTNERS OFFSHORE AT COST 2,000,000 0
    SERIES 1 OF VALOR BRAZIL LLC (NIBO) AT COST 99,810 99,810
    SIGNIA VENTURE PARTNERS III, LP AT COST 759,645 1,629,648
    STONE CASTLE AT COST 250,000 0
    TTC MULTI STRAT FUND AT COST 7,800,000 7,710,831
    VALOR CARGOX AT COST 50,205 255,900
    VALOR DICOMPLICA3 AT COST 100,000 185,819
    VALOR GYM SERIES D AT COST 100,000 121
    VALOR PIPEFY AT COST 100,000 944,380
    VALOR PIPEFY SERIES B AT COST 70,000 178,855
    VALOR SONTRA4 AT COST 148,650 409,510
    VALOR VENTURE FUND AT COST 524,359 4,253,438
    VALUE ACT CAPITAL INTERNATIONAL AT COST 3,000,000 4,650,886

    TY 2021 LandEtcSchedule2
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    820 BROAD STREET - 4TH FLOOR CONDO 458,748 110,784 347,964  
    RENOVATIONS 26,878 5,512 21,366  
    FURNITURE 7,871 6,850 1,021  
    FURNITURE 1,144 996 148  
    FURNITURE 771 673 98  
    DELL OUTLET LAPTOP 1,083 1,023 60  
    CABINET 1,500 1,404 96  
    DELL OUTLET LAPTOP 1,329 1,277 52  


    TY 2021 LegalFeesSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 1,010 0   1,010


    TY 2021 OtherExpensesSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 5,638 564   5,074
    OTHER OVERHEAD EPENSES 205,520 8,221   197,299
    TRUSTEE EXPENSES 2,975 0   2,975
    NONDEDUCTIBLE EXPENSES 855 0   0
    CHARITABLE DONATIONS THROUGH PARTNERSHIPS 180 180   0
    BANK FEES 125 125   0
    PARTNERSHIP PORTFOLIO DEDUCTIONS 2% 2,110 2,110   0
    PARTNERSHIP EXPENSES 275,151 275,151   0
    MISCELLANEOUS EXPENSES 44 1   0
    TRAINING AND EDUCATION 4,500 0   4,500
    DIRECT CHARITABLE ACTIVITIES 38,386 0   38,386


    TY 2021 OtherIncomeSchedule2
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME THROUGH PARTNERSHIPS -5,381 -5,381 -5,381
    ROYALTY INCOME THROUGH PARTNERSHIPS - SCH ATTACHED 162,681 162,681 162,681
    OTHER PORTFOLIO INCOME THROUGH PARTNERSHIPS -1,727 -1,727 -1,727
    OTHER INCOME THROUGH PARTNERSHIPS - SCH ATTACHED 24,762 24,762 24,762
    RENTAL INCOME THROUGH PARTNERSHIPS - SCH ATTACHED -4,137 -4,137 -4,137
    OTHER MISC INCOME 32,258 32,258 32,258
    UNRELATED BUSINESS INCOME FROM PARTNERSHIP INVESTMENTS 114,011 0 114,011


    TY 2021 OtherLiabilitiesSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Description Beginning of Year - Book Value End of Year - Book Value
    INVESTMENTS PAYABLE 0 189,143


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 267,739 267,739   0
    CONSULTING 12,956 0   12,956


    TY 2021 TaxesSchedule
    Name:
    ROBERT L & KATHRINA H MACLELLAN FOUNDA
     
    FOUNDATION
    EIN:
    23-7159802
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD ON DIVIDENDS 19,632 19,632   0
    STATE TAXES & FILINGS 546 546   0