Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE BOYD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 52525
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KNOXVILLE, TN379502525
A Employer identification number

37-1877729
B Telephone number (see instructions)

(601) 955-8726
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$105,029,277J 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 818,286 818,286  
4 Dividends and interest from securities... 879,264 879,264  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,709,475
b Gross sales price for all assets on line 6a 9,966,776
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ -11,925 1,697,550  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 39,833 0   39,833
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 275 0   275
b Accounting fees (attach schedule)....... Click to see attachment 11,950 5,975   5,975
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 28,196 0   3,196
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 318,047 230,343   87,704
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 398,301 236,318   136,983
25 Contributions, gifts, grants paid....... 7,529,003 7,529,003
26 Total expenses and disbursements. Add lines 24 and 25 7,927,304 236,318   7,665,986
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,939,229
b Net investment income (if negative, enter -0-) 1,461,232
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............. 2,810 145,224 145,224
2 Savings and temporary cash investments......... 100,000,056 1,361,432 1,361,432
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)....... 0 Click to see attachment76,995,702 76,995,702
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment26,522,919 26,522,919
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment4,000 Click to see attachment4,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 100,002,866 105,029,277 105,029,277
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 attachment638 Click to see attachment3,987
23 Total liabilities (add lines 17 through 22)......... 638 3,987
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 100,002,228 105,025,290
29 Total net assets or fund balances (see instructions)..... 100,002,228 105,025,290
30 Total liabilities and net assets/fund balances (see instructions). 100,002,866 105,029,277
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
100,002,228
2
Enter amount from Part I, line 27a .....................
2
-7,939,229
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
12,962,291
4
Add lines 1, 2, and 3 ..........................
4
105,025,290
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
105,025,290
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 AMGEN INC SR NOTE P 2021-01-11 2021-12-29
b AT&T INC GLBL NOTE CPN P 2021-01-11 2021-12-22
c CHEVRON US INC GTD NOTE CPN P 2021-01-11 2021-12-17
d CREDIT SUISSE GRP FDG GUERNSEY LTD GTD SR NOTE CPN P 2021-01-11 2021-04-20
e KRAFT HEINZ FOODS CO GTD SR NOTE P 2021-01-11 2021-12-01
PPL CAP FDG INC UNSECD SR NOTE P 2021-01-11 2021-06-21
SHELL INTL FIN BV GTD NOTE P 2021-01-11 2021-12-17
APPIAN CORP CL A   2021-01-08 2021-12-16
ARISTA NETWORKS INC   2021-01-08 2021-11-18
CLOUDFARE INC CL A   2021-01-08 2021-12-16
DOCUSIGN INC   2021-01-08 2021-12-23
FIVERR INTL LT ORD SHS   2021-01-08 2021-08-27
JACK HENRY & ASSOCIATES INC   2021-01-08 2021-06-07
ZOOM VIDEO COMMUNICATIONS INC   2021-01-08 2021-12-23
3M COMPANY   2021-01-08 2021-12-23
(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 722,796   722,796 0
b 724,345   725,985 -1,640
c 738,942   740,839 -1,897
d 720,292   732,310 -12,018
e 747,903   718,416 29,487
732,732   734,428 -1,696
739,047   744,052 -5,005
551,618   1,216,231 -664,613
287,490   152,672 134,818
390,837   234,826 156,011
765,726   1,217,912 -452,186
952,200   1,233,055 -280,855
1,144,804   1,224,826 -80,022
651,600   1,186,543 -534,943
96,444   91,360 5,084
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       0
b       -1,640
c       -1,897
d       -12,018
e       29,487
      -1,696
      -5,005
      -664,613
      134,818
      156,011
      -452,186
      -280,855
      -80,022
      -534,943
      5,084
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,709,475
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 20,311
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 20,311
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 25,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 13
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 12,176
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet12,176 RefundedBullet 11 0
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
 
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)
    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. Click to see attachment...............................
    10
    Yes
     
    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 addressbulletTHEBOYDFOUNDATION.ORG
    14
    The books are in care ofbulletREBECCA MCNEILL Telephone no.bullet (601) 955-8726

    Located atbulletPO BOX 52525KNOXVILLETN ZIP+4bullet379502525
    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
    RANDAL D BOYD PRESIDENT
    0.00     		0 0 0
    2704 ALLEE DE PAPILLON
    KNOXVILLE,TN37922
    JENNY H BOYD VICE PRESIDENT AND SECRETA
    0.00     		0 0 0
    2704 ALLEE DE PAPILLON
    KNOXVILLE,TN37922
    REBECCA MCNEILL TREASURER
    1.00     		0 0 0
    PO BOX 52525
    KNOXVILLE,TN379502525
    THOMAS BOYD DIRECTOR
    0.00     		0 0 0
    1101 LUTTRELL STREET
    KNOXVILLE,TN37917
    LINDSEY BOYD DIRECTOR
    0.00     		0 0 0
    1101 LUTTRELL STREET
    KNOXVILLE,TN37917
    KRISSY DEALEJANDRO EXECUTIVE DIRECTOR
    10.00     		39,833 0 0
    5401 MILL RIDGE DR
    KNOXVILLE,TN37919
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (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  
    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
    99,295,365
    b
    Average of monthly cash balances.......................
    1b
    1,083,165
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    100,378,530
    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
    100,378,530
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,505,678
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    98,872,852
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,943,643
    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
    4,943,643
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    20,311
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,311
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,923,332
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,923,332
    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
    4,923,332
    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 4,923,332
    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......  
    b From 2017......  
    c From 2018...... 851,441
    d From 2019...... 710,793
    e From 2020...... 1,504,875
    f Total of lines 3a through e ........ 3,067,109
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 7,665,986
    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..... 4,923,332
    e Remaining amount distributed out of corpus 2,742,654
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 5,809,763
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		5,809,763
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 851,441
    c Excess from 2019.... 710,793
    d Excess from 2020.... 1,504,875
    e Excess from 2021.... 2,742,654
    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).)
    RANDAL D BOYD
    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:
    REBECCA MCNEILL
    PO BOX 52525
    KNOXVILLE,TN37950
    (601) 955-8726
    REBECCA@RANDYBOYD.COM
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMIT REQUESTS ON ORGANIZATION'S LETTERHEAD. MUST INCLUDE A COPY OF 501(C)3 DESIGNATION ISSUED BY THE IRS AND PROOF OF ACTIVE STATUS AS OF THE DATE OF THE GRANT REQUEST.
    cAny submission deadlines:
    NO DEADLINES UNLESS APPLYING FOR A GRANT THAT IS TO BE AWARDED AS A PART OF A CONTEST.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST BE A CHARITABLE ORGANIZATION, EDUCATIONAL INSTITUTION, OR CITY/COUNTY GOVERNMENT ENTITY.
    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
    BEECH RIVER WATERSHED DEV AUTHORITY
    PO BOX 477
    LEXINGTON,TN38351     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    SHELBY FARMS CONSERVANCY
    6903 GREAT VIEW DR NORTH
    MEMPHIS,TN38134     		N/A 501(C)(3) 509(A)(1) TO BUILD DOG PARKS IN COMMUNITY. 25,000
    CITY OF DICKSON
    600 EAST WALNUT ST
    DICKSON,TN37055     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    CITY OF GATLINBURG
    1230 EAST PARKWAY
    GATLINBURG,TN37738     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    CHEATHAM COUNTY ANIMAL AWARENESS FOUNDATION
    PO BOX 361
    PENGRAM,TN37143     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    CITY OF EAST RIDGE
    1517 TOMBRAS AVE
    EAST RIDGE,TN37412     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    CITY OF SAVANNAH
    140 MAIN STREET
    SAVANNAH,TN38372     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    CITY OF PULASKI
    203 SOUTH FIRST ST
    PULASKI,TN38478     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    RHEA ECONOMIC AND TOURISM
    107 MAIN ST
    DAYTON,TN37821     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 25,000
    CITY OF COOKEVILLE
    PO BOX 998
    COOKEVILLE,TN38503     		N/A GOV TO BUILD DOG PARKS IN COMMUNITY. 34,000
    UNIVERSITY OF TENNESSEE FOUNDATION
    1525 UNIVESITY AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(1) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 10,000
    TENNESSEE FINANCIAL LITERACY COMMISSION
    PO BOX 198782
    NASHVILLE,TN37219     		N/A 501(C)(3) 509(A)(1) TO EQUIP TENNESSEANS TO MAKE SOUND FINANCIAL DECISION WHEN IT COMES TO PLANNING, SAVING AND INVESTING. 5,000
    ROTARY FOUNDATION OF KNOXVILLE
    PO BOX 166
    KNOXVILLE,TN37901     		N/A 501(C)(3) 509(A)(1) TO BUILD LASTING FRIENDSHIPS THROUGH CONTRIBUTIONS TO A VARIETY OF LOCAL AND INTERNATIONAL SERVICE PROJECTS. 5,000
    BEARDEN HIGH SCHOOL FOUNDATION
    PO BOX 31729
    KNOXVILLE,TN37930     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 3,000
    SUCCESS ACADEMY CHARTER SCHOOLS
    95 PINE STREET 6TH FL
    NEW YORK,NY10005     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 1,000
    JUNIOR ACHIEVEMENT OF EAST TN INC
    2135 N CHARLES G SEVIERS BLVD
    CLINTON,TN37716     		N/A 501(C)(3) 509(A)(1) TO PROVIDE A POSITIVE, ENRICHING LEARNING EXPERIENCE FREE OF BIAS THAT PROMOTES GREATER ECONOMIC OPPORTUNITY. 12,000
    MT OLIVE ELEMENTARY PTO
    2507 MARYVILLE PIKE
    KNOXVILLE,TN37920     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 12,500
    GREAT SMOKY MTNS INSTITUTE AT TREMONT
    9275 TREMONT RD
    TOWNSEND,TN37882     		N/A 501(C)(3) 509(A)(1) TO DELIVER EXPERIENTIAL LEARNING FOR YOUTH, EDUCATORS, AND ADULTS THROUGH PROGRAMS THAT PROMOTE SELF-DISCOVERY. 5,000
    THE UNIVERSITY OF TENNESSEE
    916 VOLUNTEER BLVD
    KNOXVILLE,TN37996     		N/A 501(C)(3) 509(A)(1) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 25,000
    KNOXVILLE DREAM CENTER
    1444 BREDA DR
    KNOXVILLE,TN37918     		N/A 501(C)(3) 509(A)(1) PROVIDE FOOD, AUTHENTIC FAITH, AND OPPORTUNITIES FOR A BRIGHTER FUTURE FOR THOSE WHO NEED IT. 25,000
    KNOX COUNTY IMAGINATION LIBRARY
    500 W CHURCH AVE
    KNOXVILLE,TN37902     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 10,000
    LIPSCOMB UNIVERSITY
    ONE UNIVERSITY PARK DR
    NASHVILLE,TN37204     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 30,000
    KNOX EDUCATION FOUNDATION
    912 S GAY ST L210
    KNOXVILLE,TN37902     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 50,000
    KNOX EDUCATION FOUNDATION
    912 S GAY ST L210
    KNOXVILLE,TN37902     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 20,000
    UNIVERSITY OF TENNESSEE FOUNDATION
    1525 UNIVESITY AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(1) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 100,000
    UNIVERSITY OF TENNESSEE FOUNDATION
    1525 UNIVESITY AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(1) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 1,000,000
    KNOX EDUCATION FOUNDATION
    912 S GAY ST L210
    KNOXVILLE,TN37902     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 10,000
    SCORE
    1207 18TH AVE SOUTH
    NASHVILLE,TN37212     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 150,000
    UNITED WAY OF GREATER KNOXVILLE
    1301 HANNAH AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(1) TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF COMMUNITIES TO ADVANCE THE COMMON GOOD. 19,000
    KNOX PRIDE
    PO BOX 30315
    KNOXVILLE,TN37930     		N/A 501(C)(3) 509(A)(1) PROMOTING AN OPEN CELEBRATION OF MUSIC, ENTERTAINMENT AND SPEAKERS FOCUSED ON PROMOTING EQUALITY AND INCLUSION FOR ALL. 3,000
    ROCKEFELLER PHILANTHROPY ADVISORS
    6 WEST 48TH ST 10TH FLOOR
    NEW YORK,NY10036     		N/A 501(C)(3) 509(A)(1) FOR ANNUAL BUDGET. 50,000
    SASEF
    116 STUDENT SERVICES BLDG
    KNOXVILLE,TN37996     		N/A 501(C)(3) 509(A)(1) TO PROMOTE TEACHING THE SCIENTIFIC METHOD TO YOUTH. 5,000
    UNIVERSITY OF TENNESSEE FOUNDATION
    1525 UNIVESITY AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(2) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 3,260,000
    MUSEUM OF APPALACHIA
    2819 ANDERSONVILLE HWY
    CLINTON,TN37716     		N/A 501(C)(3) 509(A)(2) TO PRESERVE PHYSICAL ARTIFACTS OF AN EARLIER TIME AND INSTILL A GREATER KNOWLEDGE FOR THE APPALACHIAN HERITAGE. 47,500
    ARROWMONT SCHOOL OF ARTS & CRAFTS
    556 PARKWAY
    GATLINBURG,TN37738     		N/A 501(C)(3) 509(A)(2) TO SEEK TO BUILD AND ADMIRE MEANINGFUL ARTS AND CRAFTS EXPEERIENCES. 5,000
    CENTER FOR COMMUNITY INNOVATION
    2325 GREENFIELD LN
    KNOXVILLE,TN37917     		N/A 501(C)(3) 509(A)(2) COMBINING COMMUNITY-ENGAGED RESEARCH AND UBRAN DATA ANALYTICS TO BUILD MORE EQUITABLE AND RESILENT FUTUTRES. 25,000
    ISAIAH 117 HOUSE
    PO BOX 842
    ELIZABETHTON,TN37644     		N/A 501(C)(3) 509(A)(2) FOR CARING FOR CHILDREN AWAITING FOSTER PLACEMENT. 1,500
    NEW HOPE
    PO BOX 5058
    MARYVILLE,TN37802     		N/A 501(C)(3) 509(A)(2) STRENGTHING DISADVANTAGED COMMUNITIES THROUGH PROGRAMS AND COLLABORATIONS THAT SUPPORT INDIVIDUALS AND FAMILIES. 50,000
    BIG BROTHERS BIG SISTERS OF EAST TN
    318 N GAY ST
    KNOXVILLE,TN37917     		N/A 501(C)(3) 509(A)(2) TO TRANSFORM THE LIVES OF CHILDREN THROUGH MENTORSHIP. 50,000
    HOPE RESOURCE CENTER OF KNOXVILLE
    2700 PAINTER AVE
    KNOXVILLE,TN37919     		N/A 501(C)(3) 509(A)(2) TO HELP WOMEN WITH PREGNANCY AND OTHER REPRODUCTIVE HEALTH CONCERNS, INCLUDING PREGNANCY TESTING AND ABORTION INFORMATION. 1,000
    UNIVERSITY OF TENNESSEE FOUNDATION
    1525 UNIVESITY AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(2) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 60,000
    UNIVERSITY OF TENNESSEE FOUNDATION
    1525 UNIVESITY AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(2) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 60,000
    SUNSET GAP COMMUNITY CENTER
    PO BOX 642
    NEWPORT,TN37822     		N/A 501(C)(3) 509(A)(2) FOR RENOVATION OF COMMUNITY CENTER. 64,003
    BOYS & GIRLS CLUB OF THE TN VALLEY
    967 IRWIN ST
    KNOXVILLE,TN37917     		N/A 501(C)(3) 509(A)(2) ANNUAL BUDGET 2,000
    BOYS & GIRLS CLUB OF THE TN VALLEY
    967 IRWIN ST
    KNOXVILLE,TN37917     		N/A 501(C)(3) 509(A)(2) ANNUAL BUDGET 50,000
    MOTHERS AGAINST DRUNK DRIVING TN
    53 CENTURY BLVD STE 100
    NASHVILLE,TN37214     		N/A 501(C)(3) 509(A)(2) ZOO 5K SPONSORSHIP 1,000
    HELEN ROSE MCNABB FOUNDATION
    200 TECH CENTER DR
    KNOXVILLE,TN37912     		N/A 501(C)(3) 509(A)(2) EXPANSION OF CENTERPOINTE. 7,500
    SEED INC
    1617 DANDRIDGE AVE
    KNOXVILLE,TN37915     		N/A 501(C)(3) 509(A)(2) TO BUILD HOUSES FOR THE UNDERPRIVELAGED IN THE COMMUNITY. 160,000
    KNOXVILLE AREA URBAN LEAGUE
    1514 EAST FIFTH AVE
    KNOXVILLE,TN37917     		N/A 501(C)(3) 509(A)(2) OPPORTUNITY TO GROW CAMPAIGN CONTRIBUTION. 250,000
    EMERALD YOUTH FOUNDATION
    1014 HEISKELL AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(2) HELPING YOUTH TO BUILD LASTING RELATIONSHIPS WITH JESUS CHRIST. 625,000
    HELEN ROSE MCNABB FOUNDATION
    200 TECH CENTER DR
    KNOXVILLE,TN37912     		N/A 501(C)(3) 509(A)(2) EXPANSION OF CENTERPOINTE. 50,000
    YWCA KNOXVILLE FOUNDATION
    420 WEST CLINCH AVE
    KNOXVILLE,TN37902     		N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 400,000
    METRO DRUG COALITION INC
    4930 LYONS VIEW PIKE
    KNOXVILLE,TN37919     		N/A 501(C)(3) 509(A)(2) INCREASE ACCESS TO EVIDENCE-BASED PREVENTION EDUCATION, HARM REDUCTION PROGRAMS AND RECOVERY SUPPORT FOR THE COMMUNITY. 500,000
    UNITED WAY OF GREATER KNOXVILLE
    1301 HANNAH AVE
    KNOXVILLE,TN37921     		N/A 501(C)(3) 509(A)(2) TO IMPROVE LIVES BY MOBILIZING THE CARING POWER OF COMMUNITIES TO ADVANCE THE COMMON GOOD. 50,000
    Total .................................bullet 3a 7,529,003
    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 ...........     		    14 818,286  
    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 ............     		    18 -1,709,475  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 -11,925 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -11,925
    (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.)
    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:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 11,950 5,975   5,975

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIR PRODS & CHEMS INC UNSECD NOTE CPN 1.850% DUE 05/15/27 DTD 04/30/20 714,680 714,680
    ALLSTATE CORP SR NOTE CPN 0.750% DUE 12/15/25 DTD 11/24/20 FC 06/15/21 721,217 721,217
    AMERICAN HONDA FIN CORP UNSECD MEDIUM TERM NOTE CPN 1.950% DUE 05/10/ 726,215 726,215
    AON CORP GTD SR NOTE CPN 3.750% DUE 05/02/29 DTD 05/02/19 FC 11/02/19 701,101 701,101
    AUTOZONE INC SR NOTE CPN 1.650% DUE 01/15/31 DTD 08/14/20 FC 01/15/21 708,865 708,865
    BALL CORP SR NOTE CPN 2.875% DUE 08/15/30 DTD 08/13/20 FC 02/15/21 CALL 806,138 806,138
    BAT CAP CORP GTD NOTE CPN 2.726% DUE 03/25/31 DTD 09/25/20 FC 03/25/21 813,289 813,289
    BOSTON PPTYS LP SR NOTE CPN 3.250% DUE 01/30/31 DTD 05/05/20 FC 07/30 805,007 805,007
    BROOKFIELD FIN INC GTD NOTE CPN 4.850% DUE 03/29/29 DTD 01/29/19 FC 09 703,849 703,849
    CAPITAL ONE FINL CORP SR SUB NOTE CPN 3.800% DUE 01/31/28 DTD 01/30/18 698,232 698,232
    CITIGROUP INC SUB NOTE CPN 5.500% DUE 09/13/25DTD 09/13/13 FC 03/13/14 691,943 691,943
    COMCAST CORP NEW NOTE CPN 3.550% DUE 05/01/28 DTD 02/08/18 FC 05/01/1 712,914 712,914
    CVS HLTH CORP SR NOTE CPN 3.000% DUE 08/15/26 DTD 08/15/19 FC 02/15/20 701,957 701,957
    DEERE JOHN CAP CORP MEDIUM TERM NOTE CPN 1.750% DUE 03/09/27 DTD 03/ 814,975 814,975
    DISCOVER BANK NEW CASTLE DE UNSECD NOTE CPN 2.450% DUE 09/12/24 DTD 09 712,677 712,677
    ENTERGY CORP NEW SR NOTE CPN 0.900% DUE 09/15/25 DTD 08/26/20 FC 03/1 720,948 720,948
    ENTERPRISE PRODS OPER LLC GTD SR NOTE CPN 3.125% DUE 07/31/29 DTD 07/08 707,133 707,133
    EQUINIX INC SR NOTE CPN 2.900% DUE 11/18/26 DTD 11/18/19 FC 05/18/20 CA 707,895 707,895
    FEDEX CORP UNSECD NOTE CPN 4.250% DUE 05/15/30 DTD 04/07/20 FC 11/15/ 800,039 800,039
    FISERV INC SR NOTE CPN 2.250% DUE 06/01/27 DTD 05/13/20 FC 12/01/20 CAL 817,692 817,692
    FORD MTR CR CO LLC NOTE CPN 3.339% DUE 03/28/22 DTD 03/31/17 FC 09/28/ 729,462 729,462
    FREEPORT MCMORAN INC SR NOTE CPN 5.250% DUE 09/01/29 DTD 08/15/19 FC 03/ 802,069 802,069
    HILTON DOMESTIC OPER CO INC SR NOTE CPN 4.875% DUE 01/15/30 DTD 06/20/1 804,769 804,769
    JPMORGAN CHASE & CO SUB NOTE CPN 3.375% DUE 05/01/23 DTD 05/01/13 FC 1 714,438 714,438
    NETFLIX INC SR NOTE CPN 5.875% DUE 11/15/28DTD 11/15/18 FC 05/15/19 M 744,348 744,348
    ORACLE CORP NOTE CPN 2.400% DUE 09/15/23 DTD 07/06/16 FC 03/15/17 CALL 715,808 715,808
    PHILIP MORRIS INTL INC SR NOTE CPN 0.875% DUE 05/01/26 DTD 11/02/20 F 718,519 718,519
    RAYTHEON TECHS CORP UNSECD NOTE CPN 3.200% DUE 03/15/24 DTD 09/15/20 709,776 709,776
    REPUBLIC SVCS INC SR NOTE CPN 1.450% DUE 02/15/31 DTD 08/20/20 FC 02/ 711,766 711,766
    SEAGATE HDD CAYMAN SR NOTE CPN 4.750% DUE 01/01/25 DTD 07/01/15 FC 01/ 711,896 711,896
    SHERWIN WILLIAMS CO SR NOTE CPN 3.450% DUE 06/01/27 DTD 05/16/17 FC 12/0 819,973 819,973
    SPRINT CORP NOTE CPN 7.125% DUE 06/15/24 DTD06/15/14 FC 12/15/14 MOO 709,751 709,751
    STARBUCKS CORP SR NOTE CPN 2.450% DUE 06/15/26 DTD 05/16/16 FC 12/15/16 713,766 713,766
    TOYOTA MOTOR CREDIT CORP MEDIUM TERM NOTE CPN 2.000% DUE 10/07/24 DTD 716,032 716,032
    UNITED PARCEL SVC AMER INC SR NOTE CPN 4.450% DUE 04/01/30 DTD 03/24/20 703,231 703,231
    WASTE MGMT INC DEL SR NOTE CPN 1.150% DUE 03/15/28 DTD 11/17/20 FC 03 710,549 710,549

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABT ABBOTT LABORATORIES C 1,547,155 1,547,155
    ABBV ABBVIE INC C 1,548,434 1,548,434
    ACN ACCENTURE PLC IRELAND 1,923,097 1,923,097
    ATVI ACTIVISION BLIZZARD INC 890,171 890,171
    AMD ADVANCED MICRO DEVICES INC 1,869,837 1,869,837
    APD AIR PRODUCTS & CHEMICALS INC 1,312,578 1,312,578
    GOOGL ALPHABET INC CL A C 1,981,575 1,981,575
    AMZN AMAZON.COM INC C 1,287,055 1,287,055
    AAPL APPLE INC C 1,647,672 1,647,672
    ANET ARISTA NETWORKS INC C 2,006,750 2,006,750
    BR BROADRIDGE FINANCIAL SOLUTIONS INC 1,436,965 1,436,965
    BRO BROWN & BROWN INC C 1,792,140 1,792,140
    CHRW C H ROBINSON WORDWIDE INC 1,346,236 1,346,236
    CCL CARNIVAL CORP PAIRED CTF 1 COM CARNIVL CRP & 1 TR SH BEN INT P&O PR 1,168,972 1,168,972
    CAT CATERPILLAR INC C 1,305,150 1,305,150
    CB CHUBB LTD C 1,523,863 1,523,863
    CHD CHURCH & DWIGHT COMPANY INC 1,468,108 1,468,108
    NET CLOUDFLARE INC CL A C 1,648,221 1,648,221
    KO COCA-COLA COMPANY C 1,381,606 1,381,606
    COST COSTCO WHOLESALE CORP 1,891,576 1,891,576
    EXPD EXPEDITORS INTL WASH INC 1,743,218 1,743,218
    FLGT FULGENT GENETICS INC C 1,959,493 1,959,493
    HSY HERSHEY COMPANY C 1,558,014 1,558,014
    HD HOME DEPOT INC C 1,891,616 1,891,616
    HON HONEYWELL INTL INC C 1,214,154 1,214,154
    IEX IDEX CORP C 1,402,559 1,402,559
    ITW ILLINOIS TOOL WORKS INC C 1,455,133 1,455,133
    JBLU JETBLUE AIRWAYS CORP C 1,186,192 1,186,192
    JNJ JOHNSON & JOHNSON C 1,303,040 1,303,040
    JPM JPMORGAN CHASE & CO C 1,428,475 1,428,475
    LMT LOCKHEED MARTIN CORP C 1,291,560 1,291,560
    LHX L3HARRIS TECHNOLOGIES INC 1,452,591 1,452,591
    MA MASTERCARD INC CL A C 1,243,607 1,243,607
    MCD MCDONALDS CORP C 1,520,225 1,520,225
    MDT MEDTRONIC PLC C 1,062,018 1,062,018
    MSFT MICROSOFT CORP C 1,878,684 1,878,684
    NFLX NETFLIX INC C 1,442,241 1,442,241
    NKE NIKE INC CL B C 1,394,028 1,394,028
    OKTA OKTA INC CL A C 1,083,189 1,083,189
    PEP PEPSICO INC C 1,477,056 1,477,056
    PFE PFIZER INC C 1,948,650 1,948,650
    CRM SALESFORCE.COM INC C 1,403,306 1,403,306
    SHOP SHOPIFY INC CL A C 1,425,599 1,425,599
    LUV SOUTHWEST AIRLINES CO C 1,109,556 1,109,556
    TRV TRAVELERS COS INC C 1,333,253 1,333,253
    UNP UNION PACIFIC CORP C 1,401,235 1,401,235
    UPS UNITED PARCEL SERVICE INC 1,652,776 1,652,776
    UNH UNITEDHEALTH GROUP INC 1,695,225 1,695,225
    WMT WALMART INC C 1,207,727 1,207,727
    WM WASTE MANAGEMENT INC DEL 1,725,412 1,725,412
    WYNN WYNN RESORTS LTD C 924,555 924,555
    MMM 3M COMPANY C 1,204,154 1,204,154

    TY 2021 LegalFeesSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 275 0   275


    TY 2021 OtherAssetsSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    WEBSITE   4,000 4,000


    TY 2021 OtherExpensesSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 305 0   305
    POST OFFICE BOX RENTAL 284 0   284
    CONTRACT SERVICES 86,551 0   86,551
    G SUITE BUSINESS 221 0   221
    WEBSITE HOSTING 343 0   343
    INVESTMENT MANAGEMENT FEES 230,343 230,343   0


    TY 2021 OtherIncreasesSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Description Amount
    UNREALIZED GAIN/LOSS ON INVESTMENTS 12,962,291


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 638 3,987


    TY 2021 SubstantialContributorsSch
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Name Address
    RANDAL BOYD 2704 ALLEE DE PAPILLON
    KNOXVILLE,TN37922


    TY 2021 TaxesSchedule
    Name:
    THE BOYD FOUNDATION
    EIN:
    37-1877729
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 25,000 0   0
    ANNUAL REPORT 21 0   21
    PAYROLL TAXES 3,175 0   3,175