Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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)

(865) 691-9223
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$91,203,598
J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,967,671 1,967,671  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -2,715,732
b Gross sales price for all assets on line 6a 16,579,281
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications........... 25,000
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)....... 0 -402,754  
12 Total. Add lines 1 through 11........ -748,061 1,564,917 25,000
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 61,750 0   61,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 5,043 0   5,043
16a Legal fees (attach schedule)......... 75 0   75
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 246,071 154,119   91,952
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 16,500 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,109 0   1,109
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 330,548 154,119   159,929
25 Contributions, gifts, grants paid....... 4,946,347 4,946,347
26 Total expenses and disbursements. Add lines 24 and 25 5,276,895 154,119   5,106,276
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,024,956
b Net investment income (if negative, enter -0-) 1,410,798
c Adjusted net income (if negative, enter -0-)... 25,000
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 84,355 649,895 649,895
2 Savings and temporary cash investments......... 518,113 2,701,708 2,701,708
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   247,968    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 60,505,245 Click to see attachment
List of Attached Documents:
// Content
62,346,232
62,346,232
c Investments—corporate bonds (attach schedule)....... 23,978,995 Click to see attachment
List of Attached Documents:
// Content
25,501,763
25,501,763
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
4,000
Click to see attachment
List of Attached Documents:
// Content
4,000
Click to see attachment
List of Attached Documents:
// Content
4,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 85,338,676 91,203,598 91,203,598
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
1,612
Click to see attachment
List of Attached Documents:
// Content
1,960
23 Total liabilities (add lines 17 through 22)......... 1,612 1,960
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 85,337,064 91,201,638
29 Total net assets or fund balances (see instructions)..... 85,337,064 91,201,638
30 Total liabilities and net assets/fund balances (see instructions). 85,338,676 91,203,598
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
85,337,064
2
Enter amount from Part I, line 27a .....................
2
-6,024,956
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
11,889,530
4
Add lines 1, 2, and 3 ..........................
4
91,201,638
5
Decreases not included in line 2 (itemize) right arrow
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
91,201,638
Form 990-PF (2023)
Form 990-PF (2023)
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 10000 SHS DEVON ENERGY CORP   2022-05-18 2023-03-02
b 6000 SHS GENUINE PARTS CO   2022-10-27 2023-08-29
c 1000 SHS NIKE INC   2023-07-12 2023-09-27
d 40000 OPERA LTD ADS   2023-07-27 2023-09-11
e 17018 SHS TORONTO DOMINION BK   2022-10-27 2023-06-06
6000 SHS ENPHASE ENERGY INC   2022-05-18 2023-10-27
10884 SHS CLOUDFLARE INC   2021-01-08 2023-08-07
4000 SHS PRICE T ROWE GROUP INC   2022-05-20 2023-10-13
31000 SHS PFIZER INC   2021-01-11 2023-06-06
4532 SHS OKTA INC   2021-01-08 2023-06-06
8364 SHS NIKE INC   2021-01-08 2023-09-27
200 SHS NETFLIX INC   2021-01-08 2023-01-11
905 SHS LOCKHEED MARTIN CORP   2021-01-08 2023-02-24
6812 SHS L3HARRIS TECHS INC   2021-01-08 2023-07-10
83300 SHS JETBLUE AIRWAYS CORP   2021-01-11 2023-07-10
210 SHS HERSHEY COMPANY   2021-01-08 2023-02-24
2370 SHS ARISTA NETWORKS INC   2021-01-08 2023-11-08
12508 SHS CH ROBINSON WORLDWID   2021-01-08 2023-07-10
7860 SHS BROADRIDGE FINANCIAL   2021-01-08 2023-07-10
770 SHS AMAZON.COM INC   2021-01-08 2023-01-11
11380 SHS ACTIVISION BLIZZARD INC   2021-01-08 2023-03-02
930 SHS ABBVIE INC   2021-01-08 2023-02-24
702000 SHS ORACLE CORP   2021-01-11 2023-09-15
704000 BDS JPM NOTE P 2021-01-11 2023-05-02
735000 SHS FREEPORT   2021-12-16 2023-09-21
103 SHS UNITEDHEALTH GROUP INC   2021-01-08 2023-02-24
239 SHS CHUBB LTD   2021-01-08 2023-02-24
715000 BDS AMERN HONDA P 2021-01-11 2023-05-10
(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 552,347   690,453 -138,106
b 915,566   1,018,209 -102,643
c 89,555   107,679 -18,124
d 535,323   715,103 -179,780
e 986,977   1,101,883 -114,906
487,947   1,069,279 -581,332
736,832   851,947 -115,115
408,450   485,349 -76,899
1,190,508   1,157,840 32,668
328,652   1,149,292 -820,640
749,036   1,219,398 -470,362
64,554   102,169 -37,615
407,991   303,546 104,445
1,327,057   1,224,753 102,304
768,752   1,217,765 -449,013
50,067   31,796 18,271
468,917   180,917 288,000
1,203,196   1,219,142 -15,946
1,293,783   1,222,103 71,680
72,342   121,967 -49,625
877,987   1,036,757 -158,770
143,706   99,342 44,364
702,000   702,000 0
704,000   704,000 0
698,331   773,200 -74,869
50,353   37,130 13,223
50,052   36,994 13,058
715,000   715,000 0
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       -138,106
b       -102,643
c       -18,124
d       -179,780
e       -114,906
      -581,332
      -115,115
      -76,899
      32,668
      -820,640
      -470,362
      -37,615
      104,445
      102,304
      -449,013
      18,271
      288,000
      -15,946
      71,680
      -49,625
      -158,770
      44,364
      0
      0
      -74,869
      13,223
      13,058
      0
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 -2,715,732
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
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 right arrow 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) 1 19,610
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 19,610
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 19,610
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 18,785
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 14,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,785
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 13,175
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow13,175 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowTN
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 2023 or the taxable year beginning in 2023? 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
List of Attached Documents:
// Content
...............................
10
Yes
 
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 addressright arrowTHEBOYDFOUNDATION.ORG
14
The books are in care ofright arrowCHAD DYKES Telephone no.right arrow (865) 621-2296

Located atright arrowPO BOX 52525KNOXVILLETN ZIP+4right arrow379502525
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
61,750 0 0
5401 MILL RIDGE DR
KNOXVILLE,TN37919
HARRISON BOYD DIRECTOR
0.00
0 0 0
920 ELEANOR ST
KNOXVILLE,TN37917
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
LPL FINANCIAL INVESTMENT ADVISORY 154,119
1055 LPL WAY
KNOXVILLE,TN37950
HARRISON FORBES CONSULTING CONSULTING 91,952
2020 FIELDSTONE PARKWAY
FRANKLIN,TN37069
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
85,663,422
b
Average of monthly cash balances.......................
1b
1,704,838
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
87,368,260
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
87,368,260
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,310,524
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
86,057,736
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,302,887
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
4,302,887
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
19,610
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
19,610
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,283,277
4
Recoveries of amounts treated as qualifying distributions................
4
25,000
5
Add lines 3 and 4............................
5
4,308,277
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
4,308,277
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
5,106,276
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
5,106,276
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2022
(c)
2022
(d)
2023
1 Distributable amount for 2023 from Part X, line 7 4,308,277
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 153,033
b From 2019...... 710,793
c From 2020...... 1,504,875
d From 2021...... 2,742,654
e From 2022......  
f Total of lines 3a through e ........ 5,111,355
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 5,106,276
a Applied to 2022, 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 2023 distributable amount..... 4,308,277
e Remaining amount distributed out of corpus 797,999
5 Excess distributions carryover applied to 2023. 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 5,909,354
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 ..........
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 2018 not
applied on line 5 or line 7 (see instructions) ...
153,033
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
5,756,321
10 Analysis of line 9:
a Excess from 2019.... 710,793
b Excess from 2020.... 1,504,875
c Excess from 2021.... 2,742,654
d Excess from 2022....  
e Excess from 2023.... 797,999
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KRISSY DEALEJANDRO
PO BOX 52525
KNOXVILLE,TN37950
(865) 621-9223
KRISSY@THEBOYDFOUNDATION.ORG
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 (2023)
Form 990-PF (2023)
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

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

ASIAN CULTURAL CENTER OF TN

PO BOX 2506
KNOXVILLE,TN37901
N/A 501(C)(3) 509(A)(2) TO PRESERVE AND ENRICH THE DIVERSITY OF ART AND CULTURE IN EAST TENNESSEE. 5,000

BEARDEN HIGH SCHOOL FOUNDATION

PO BOX 31729
KNOXVILLE,TN37930
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 3,000

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

BOYS & GIRLS CLUB OF THE TN VALLEY

967 IRWIN ST
KNOXVILLE,TN37917
N/A 501(C)(3) 509(A)(2) ANNUAL BUDGET 50,000

EAST TN COMMUNITY DESIGN CENTER

1300 N BROADWAY ST
KNOXVILLE,TN37917
N/A 501(C)(3) 509(A)(2) TO ENVISION, INSPIRE AND IMPROVE EAST TENNESSEE THROUGH DESIGN. 10,000

EAST TN HISTORICAL SOCIETY

601 S GAY ST
KNOXVILLE,TN37901
N/A 501(C)(3) 509(A)(2) TO ENGAGE THE PUBLIC WITH THE MESSAGE THAT HISTORY IS IMPORTANT. 35,000

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. 115,000

GREAT SMOKY MOUNTAIN COUNCIL BSA

1333 OLD WEISGARBER RD
KNOXVILLE,TN37909
N/A 501(C)(3) 509(A)(2) TO SERVE YOUNG PEOPLE IN EAST TENNESSEE BY CREATING A POSITIVE IMPACT. 1,000

HELEN ROSS MCNABB FOUNDATION

200 TECH CENTER DR
KNOXVILLE,TN37912
N/A 501(C)(3) 509(A)(2) TO SUPPORT THE WORK OF THE MCNABB CENTER WITH LEADERSHIP AND DIRECTION. 7,500

HELEN ROSS MCNABB FOUNDATION

200 TECH CENTER DR
KNOXVILLE,TN37912
N/A 501(C)(3) 509(A)(2) TO SUPPORT THE WORK OF THE MCNABB CENTER WITH LEADERSHIP AND DIRECTION. 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. 500

JUNIOR ACHIEVEMENT OF EAST TN INC

2135 N CHARLES G SEVIERS BLVD
CLINTON,TN37716
N/A 501(C)(3) 509(A)(2) TO PROVIDE A POSITIVE, ENRICHING LEARNING EXPERIENCE FREE OF BIAS THAT PROMOTES GREATER ECONOMIC OPPORTUNITY. 5,000

JUNIOR ACHIEVEMENT OF EAST TN INC

2135 N CHARLES G SEVIERS BLVD
CLINTON,TN37716
N/A 501(C)(3) 509(A)(2) TO PROVIDE A POSITIVE, ENRICHING LEARNING EXPERIENCE FREE OF BIAS THAT PROMOTES GREATER ECONOMIC OPPORTUNITY. 15,000

KNOX COUNTY IMAGINATION LIBRARY

500 W CHURCH AVE
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 10,000

KNOX EDUCATION FOUNDATION

912 S GAY ST L210
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 227,500

KNOX EDUCATION FOUNDATION

912 S GAY ST L210
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 10,000

KNOX EDUCATION FOUNDATION

912 S GAY ST L210
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 100,000

KNOXVILLE BOTANICAL GARDENS

2743 WIMPOLE AVE
KNOXVILLE,TN37914
N/A 501(C)(3) 509(A)(2) TO PRESERVE LAND AND PUBLIC AREA FOR KNOXVILLE COMMUNITY. 2,500

KNOXVILLE SYMPHONY ORCHESTRA

100 S GAY ST
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) TO DEVELOP AND SUSTAIN A SYMPHONY ORCHESTRA OF THE HIGHEST ARTISTIC STANDARDS AND TO REACH EAST TENNESSEE AUDIENCES OF ALL AGES. 5,000

KNOXVILLE SYMPHONY ORCHESTRA

100 S GAY ST
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) TO DEVELOP AND SUSTAIN A SYMPHONY ORCHESTRA OF THE HIGHEST ARTISTIC STANDARDS AND TO REACH EAST TENNESSEE AUDIENCES OF ALL AGES. 10,000

LAKESHORE PARK CONSERVANCY

5930 LYONS VIEW PIKE
KNOXVILLE,TN37919
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 25,000

LEADERSHIP KNOXVILLE

17 MARKET SQUARE
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) TO PROVIDE ENHANCED SERVANT LEADERSHIP SKILLS AND KNOWLEDGE OF CURRENT ISSUES, TO FOSTER MEANINGFUL AND LASTING ENGAGEMENT IN EAST TENNESSEE. 10,000

LIPSCOMB UNIVERSITY

ONE UNIVERSITY PARK DR
NASHVILLE,TN37204
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 30,000

MUSE KNOXVILLE

516 N BEAMAN ST
KNOXVILLE,TN37914
N/A 501(C)(3) 509(A)(2) TO INSPIRE AND EMPOWER ALL CHILDREN THORUGH TRANSFORMATIVE LEARNING EXPERIENCES. 250,000

RANDOM ACTS OF FLOWERS

2936 MIDDLEBROOK PIKE
KNOXVILLE,TN37921
N/A 501(C)(3) 509(A)(2) TO IMPROVE THE EMOTIONAL HEALTH AND WELL-BEING OF INDIVIDUALS IN HEALTHCARE FACILITIES BY DELIVERING RECYCLED FLOWERS, ENCOURAGEMENT, AND PERSONAL MOMENTS OF KINDNESS. 75,000

ROCKEFELLER PHILANTHROPY ADVISORS

6 WEST 48TH ST 10TH FLOOR
NEW YORK,NY10036
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 50,000

ROTARY FOUNDATION OF KNOXVILLE

PO BOX 166
KNOXVILLE,TN37901
N/A 501(C)(3) 509(A)(2) TO BUILD LASTING FRIENDSHIPS THROUGH CONTRIBUTIONS TO A VARIETY OF LOCAL AND INTERNATIONAL SERVICE PROJECTS. 5,500

SCORE

1207 18TH AVE SOUTH
NASHVILLE,TN37212
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 150,000

SMOKY MOUNTAIN ANIMAL CARE FOUNDATION

233 CURRIE AVE
MARYVILLE,TN37804
N/A 501(C)(3) 509(A)(1) TO PROVIDE FUNDING TO THE BLOUNT COUNTY ANIMAL CENTER TO ENSURE EXCEPTIONAL MEDICAL CARE AND ADOPTION OUTCOMES. 37,500

SOUTH-DOYLE CHORUS BOOSTER CLUB

2020 TIPTON STATION RD
KNOXVILLE,TN37920
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 5,000

TRUE PURPOSE MINISTRIES

2628 MORGANTON RD
MARYVILLE,TN37801
N/A 501(C)(3) 509(A)(2) TO PROVIDE EVIDENCE-BASED TREATMENT AND HOUSING TO MEN AND WOMEN IN A STRUCTURED, THERAPEUTIC COMMUNITY ENVIRONMNENT. 1,000

TWO BIKES

118 S CENTRAL ST
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) DEDICATED TO EXPANDING ACCESS TO THE BENEFITS OF RIDING A BIKE IN KNOXVILL. 75,000

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. 300,000

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. 215,000

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. 500,000

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. 20,000

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. 200,000

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. 30,500

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. 100,000

VARIETY - THE CHILDREN'S CHARITY OF EAST TN

101 E BLOUNT AVE
KNOXVILLE,TN37920
N/A 501(C)(3) 509(A)(2) TO ASSIST AT RISK, PHYSICALLY CHALLENED AND NEGLECTED CHILDREN WITHIN EAST TENNESSEE COMMUNITIES. 25,000

WDVX

301 S GAY ST
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) TO PROVIDE AN OUTLET FOR LOCAL TALENTS ON LIVE RADIO IN FRONT OF AN AUDIENCE AND IN-STUDIO PERFORMANACES AT OUR STUDIOS LOCATED IN KNOXVILLE. 50,000

MCEWEN CITY HALL

9586 HWY 70
MCEWEN,TN37101
N/A GOV TO BUILD DOG PARKS IN THE COMMUNITY 25,000

OVERTON PARK CONSERVANCY

1951 POPLAR AVE 102
MEMPHIS,TN38104
N/A 501(C)(3) 509(A)(2) TO BUILD DOG PARKS IN THE COMMUNITY 25,000

CITY OF JACKSON

PO BOX 2508
JACKSON,TN38302
N/A GOV TO BUILD DOG PARKS IN COMMUNITY 25,000

CITY OF WAVERLY

101 E MAIN ST
WAVERLY,TN37185
N/A GOV TO BUILD DOG PARKS IN THE COMMUNITY 25,000

JOHNSON CITY HALL

601 E MAIN ST
JOHNSON CITY,TN37601
N/A GOV TO BUILD DOG PARKS IN THE COMMUNITY 50,000

ZOO KNOXVILLE

3500 KNOXVILLE ZOO DRIVE
KNOXVILLE,TN37914
N/A 501(C)(3) 509(A)(2) TO SHARE FUN EXPERIENCES THAT EDUCATE AND INSPIRE. 333,333

KNOXVILLE AREA URBAN LEAGUE

1514 EAST FIFTH AVENUE
KNOXVILLE,TN37917
N/A 501(C)(3) 509(A)(2) TO ENABLE AFRICAN AMERICANS TO SECURE SELF-RELIANCE, PARITY, POWER AND CIVIL RIGHTS 10,000

SPARK

116 CHILDRESS WAY
KNOXVILLE,TN37920
N/A 501(C)(3) 509(A)(2) TO CONNECT PEOPLE WITH DISABILITIES IN EAST TENNESSEE TO ADAPTIVE TECHNOLOGY TOOLS AND SERVICES THEY NEED TO LIVE WITH MAXIMUM INDEPENDENCE AND DIGNITY. 50,000

BEARDEN HIGH SCHOOL FOUNDATION

PO BOX 31729
KNOXVILLE,TN37930
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET 2,850

GIRL TALK INC

625 MARKET ST STE 1301
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) TO EMPOWER GIRLS TO BECOME THEIR BEST SELVES BY REDUCING THE LIKELIHOOD OF TEEN PREGNANCY AND HELPING THEM TO ADVANCE EDUCATIONALLY 200,000

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. 100,000

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. 100,000

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. 5,000

COLLEGIATE ABBEY

502 SGAY ST STE 404
KNOXVILLE,TN37902
N/A 501(C)(3) 509(A)(2) TO CREATE OPPORTUNITIES TO HELP SERVE AND MEET THE NEEDS ON CAMPUSES. 10,000

EQUAL CHANCE FOR EDUCATION

73 WHITE BRIDGE RD
NASHVILLE,TN37205
N/A 501(C)(3) 509(A)(2) TO PROVIDE HIGHER EDUCATION OPPORTUNITIES REGARDLESS OF RACE, RELIGION, OR NATION OR BIRTH 50,875

WESLEY HOUSE COMMUNITY CENTER

1719 REYNOLDS ST
KNOXVILLE,TN37921
N/A 501(C)(3) 509(A)(2) TO ASSIST AND PROVIDE SERVICES FOR KNOXVILLE'S MOST UNDER RESOURCED AND MARGINALIZED AREAS 250,000

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. 200,000

ROCKEFELLER PHILANTHROPY ADVISORS

6 WEST 48TH ST 10TH FLOOR
NEW YORK,NY10036
N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET 10,000

SECOND HARVEST FOOD BANK

136 HARVEST LANE
MARYVILLE,TN37801
N/A 501(C)(3) 509(A)(2) TO SERVE THOSE EXPERIENCING HUNGER ACROSS EAST TENNESSEE 20,000

BREASTSTROKES KNOXVILLE INC

1528 HIGHLAND AVE
KNOXVILLE,TN37916
N/A 501(C)(3) 509(A)(2) TO EMPOWER WOMEN BY ENCOURAGING WOMEN TO COME TOGETHER IN ARTISTC EXPRESSION. 10,000

VOLUNTEER MINISTRY CENTER

PO BOX 27406
KNOXVILLE,TN37927
N/A 501(C)(3) 509(A)(2) TO SERVE INDIVIDUALS WHO ARE IN CRISIS AND WHO MAY BE AT RISK OF LOSING THEIR HOUSE 25,000

BLUE MONARCH

PO BOX 1207
MONTEAGLE,TN37356
N/A 501(C)(3) 509(A)(2) TO PROVIDE A LONG-TERM, RESIDENTIAL AND THERAPEUTIC CHRISTIAN COMMUNITY FOR WOMEN AND THEIR CHILDREN TO BREAK THE CYCLES AND REBUILD THEIR FAMILIES 1,000

SEEED INC

1617 DANDRIDGE AVE
KNOXVILLE,TN37915
N/A 501(C)(3) 509(A)(2) TO PROVIDE PATHWAYS OUT OF POVERTY FOR YOUNG ADULTS THROUGH CAREER READINESS TRAINING 3,139

SUSANNAH'S HOUSE INC

923 DEMERON AVE
KNOXVILLE,TN37921
N/A 501(C)(3) 509(A)(2) TO PROVIDE A NURTURING AND THERAPEUTIC ENVIRONMENT FOR INDIVIDUALS AND FAMILIES TO ACHIEVE SOBRIETY 50,000

BIG EARS FESTIVAL

PO BOX 217
KNOXVILLE,TN37901
N/A 501(C)(3) 509(A)(2) TO COLLABORATE WITH ARTISTS, AUDIENCES, AND COMMUNITIES TO CREATE JOYFUL, MEANINGFUL, AND TRANSCENDENT CULTURAL EXPERIENCES THAT DEFY BOUNDARIES, FUEL CURIOSITY, IGNITE THE SPIRIT, AND NOURISH THE SOUL 150,000

TENNESSEE VALLEY FAIR

PO BOX 6066
KNOXVILLE,TN37914
N/A 501(C)(3) 509(A)(2) TO PRESERVE EAST TENNESSEE'S HERITAGE BY PROMOTING AGRICULUTURAL AWARENESS, SUPPORTING EDUCATIONAL PROGRAMS, AND CULTIVATING YOUTH DEVELOPMENT 1,150

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. 282,500
Total .................................right arrow 3a 4,946,347
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ...........
         
4 Dividends and interest from securities ....     14 1,967,671  
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 -2,715,732  
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 -748,061 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-748,061
(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.)
7 OTHER INCOME: RETURN OF PRIOR-YEAR CONTRIBUTION
Form 990-PF (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Name of Bond End of Year Book Value End of Year Fair Market Value
748000 BDS WASTE MGMT INC DEL SR NOTE CPN 1.150% DUE 03/15/28 DTD 11/1 657,728 657,728
598000 SHS UNITED PARCEL SVC AMER INC SR NOTE CPN 4.450% DUE 04/01/30 D 604,161 604,161
701000 BDS TOYOTA MOTOR CREDIT CORP MEDIUM TERM NOTE CPN 2.000% DUE 10 683,758 683,758
690000 BDS STARBUCKS CORP SR NOTE CPN 2.450% DUE 06/15/26 DTD 05/16/16 655,971 655,971
633000 BDS SPRINT CORP NOTE CPN 7.125% DUE 06/15/24 DTD 634,583 634,583
757000 BDS SHERWIN WILLIAMS CO SR NOTE CPN 3.450% DUE 06/01/27 DTD 05/16 730,609 730,609
663000 BDS SEAGATE HDD CAYMAN SR NOTE CPN 4.750% DUE 01/01/25 DTD 07/01 654,713 654,713
766000 BDS REPUBLIC SVCS INC SR NOTE CPN 1.450% DUE 02/15/31 DTD 08/20 621,336 621,336
682000 BDS RAYTHEON TECHS CORP UNSECD NOTE CPN 3.200% DUE 03/15/24 DTD 677,538 677,538
744000 BDS PHILIP MORRIS INTL INC SR NOTE CPN 0.875% DUE 05/01/26 DTD 682,347 682,347
638000 BDS NETFLIX INC SR NOTE CPN 5.875% DUE 11/15/28 673,888 673,888
753000 BDS HILTON DOMESTIC OPER CO INC SR NOTE CPN 4.875% DUE 01/15/30 727,586 727,586
805000 BDS FISERV INC SR NOTE CPN 2.250% DUE 06/01/27 DTD 05/13/20 FC 12 744,343 744,343
703000 BDS FEDEX CORP UNSECD NOTE CPN 4.250% DUE 05/15/30 DTD 04/07/20 686,709 686,709
681000 BDS EQUINIX INC SR NOTE CPN 2.900% DUE 11/18/26 DTD 11/18/19 FC 0 647,894 647,894
667000 BDS ENTERPRISE PRODS OPER LLC GTD SR NOTE CPN 3.125% DUE 07/31/29 623,413 623,413
745000 BDS ENTERGY CORP NEW SR NOTE CPN 0.900% DUE 09/15/25 DTD 08/26/ 692,593 692,593
554000 BDS EL PASO ENERGY CORP MEDIUM TERM NOTE CPN 7.750% DUE 01/15/32 DTD 633,701 633,701
697000 BDS DISCOVER BANK NEW CASTLE DE UNSECD NOTE CPN 2.450% DUE 09/12 679,986 679,986
810000 BDS DEERE JOHN CAP CORP MEDIUM TERM NOTE CPN 1.750% DUE 03/09/ 746,454 746,454
666000 BDS CVS HLTH CORP SR NOTE CPN 3.000% DUE 08/15/26 DTD 08/15/19 636,889 636,889
652000 BDS COMCAST CORP NEW NOTE CPN 3.550% DUE 05/01/28 DTD 02/08/18 628,786 628,786
613000 BDS CITIGROUP INC SUB NOTE CPN 5.500% DUE 09/13/25 615,939 615,939
709000 BDS CAPITAL ONE FINL CORP SR SUB NOTE CPN 3.800% DUE 01/31/28 DT 670,550 670,550
606000 BDS BROOKFIELD FIN INC GTD NOTE CPN 4.850% DUE 03/29/29 DTD 01/2 598,961 598,961
770000 BDS BOSTON PPTYS LP SR NOTE CPN 3.250% DUE 01/30/31 DTD 05/05/2 663,802 663,802
838000 BDS BAT CAP CORP GTD NOTE CPN 2.726% DUE 03/25/31 DTD 09/25/20 FC 702,259 702,259
830000 BDS BALL CORP SR NOTE CPN 2.875% DUE 08/15/30 DTD 08/13/20 FC 02/ 709,650 709,650
753000 BDS AUTOZONE INC SR NOTE CPN 1.650% DUE 01/15/31 DTD 08/14/20 FC 605,705 605,705
640000 BDS AON CORP GTD SR NOTE CPN 3.750% DUE 05/02/29 DTD 05/02/19 F 612,635 612,635
811000 BDS AMGEN INC SR NOTE CPN 2.000% DUE 01/15/32 DTD 08/09/21 FC 01/15/2 664,198 664,198
742000 BDS ALLSTATE CORP SR NOTE CPN 0.750% DUE 12/15/25 DTD 11/24/20 683,790 683,790
704000 BDS AIR PRODS & CHEMS INC UNSECD NOTE CPN 1.850% DUE 05/15/27 D 648,950 648,950
779000 BDS CHARTER COMMNS OPER LLC NOTE CPN 4.4% DUE 04/01/33 713,934 713,934
739000 BDS NRG ENERGY INC SR NOTE CPN 5.75% DUE 01/15/28 730,686 730,686
695000 BDS PILGRIMS PRIDE CORP NEW NOTE CPN 6.25% DUE 07/01/33 714,113 714,113
825000 BDS UNITED RENT NA INC SR NOTE CPN 3.75% DUE 01/15/32 730,125 730,125
726000 BDS YUM BRANDS INC SR NOTE CPN 5.375% DUE 04/01/32 711,480 711,480

TY 2023 InvestmentsCorpStockSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Name of Stock End of Year Book Value End of Year Fair Market Value
12872 SHS WYNN RESORTS LTD C 1,172,768 1,172,768
8347 SHS WMT WALMART INC C 1,315,905 1,315,905
9038 SHS WM WASTE MANAGEMENT INC DEL 1,618,704 1,618,704
7711 SHS UPS UNITED PARCEL SERVICE INC 1,212,401 1,212,401
5562 SHS UNP UNION PACIFIC CORP C 1,366,138 1,366,138
3037 SHS UNH UNITEDHEALTH GROUP INC 1,598,889 1,598,889
8523 SHS TRV TRAVELERS COS INC C 1,623,546 1,623,546
8403 SHS PEP PEPSICO INC C 1,427,166 1,427,166
1994 SHS NFLX NETFLIX INC C 970,839 970,839
5586 SHS MSFT MICROSOFT CORP C 2,100,559 2,100,559
10266 SHS MDT MEDTRONIC PLC C 845,713 845,713
5671 SHS MCD MCDONALDS CORP C 1,681,508 1,681,508
25900 SHS LUV SOUTHWEST AIRLINES CO C 747,992 747,992
2684 SHS LMT LOCKHEED MARTIN CORP C 1,216,496 1,216,496
23134 SHS KO COCA-COLA COMPANY C 1,363,287 1,363,287
9021 SHS JPM JPMORGAN CHASE & CO C 1,534,472 1,534,472
7617 SHS JNJ JOHNSON & JOHNSON C 1,193,889 1,193,889
5896 SHS ITW ILLINOIS TOOL WORKS INC C 1,544,398 1,544,398
5935 SHS IEX IDEX CORP C 1,288,548 1,288,548
6808 SHS HSY HERSHEY COMPANY C 1,269,284 1,269,284
5823 SHS HON HONEYWELL INTL INC C 1,221,141 1,221,141
4558 SHS HD HOME DEPOT INC C 1,579,575 1,579,575
12780 SHS GOOGL ALPHABET INC CL A C 1,785,238 1,785,238
12981 SHS EXPD EXPEDITORS INTL WASH INC 1,651,183 1,651,183
7654 SHS CVX CHEVRON CORP 1,141,671 1,141,671
5522 SHS CRM SALESFORCE.COM INC C 1,453,059 1,453,059
3132 SHS COST COSTCO WHOLESALE CORP 2,067,371 2,067,371
12973 SHS CHD CHURCH & DWIGHT COMPANY INC 1,226,727 1,226,727
58100 SHS CCL CARNIVAL CORP PAIRED CTF 1 COM CARNIVL CRP & 1 TR SH BEN 1,077,174 1,077,174
7549 SHS CB CHUBB LTD C 1,706,074 1,706,074
6313 SHSS CAT CATERPILLAR INC C 1,866,565 1,866,565
23900 SHS BRO BROWN & BROWN INC C 1,699,529 1,699,529
4614 SHS APD AIR PRODUCTS & CHEMICALS INC 1,263,313 1,263,313
10115 SHS ANET ARISTA NETWORKS INC C 2,382,184 2,382,184
7950 SHS AMZN AMAZON.COM INC C 1,207,923 1,207,923
12994 SHS AMD ADVANCED MICRO DEVICES INC 1,915,446 1,915,446
4639 SHS ACN ACCENTURE PLC IRELAND 1,627,871 1,627,871
10993 SHS ABT ABBOTT LABORATORIES C 1,210,000 1,210,000
10356 SHS ABBV ABBVIE INC C 1,604,869 1,604,869
9134 SHS AAPL APPLE INC C 1,758,569 1,758,569
3000 SHS NVDA NVIDIA CORP 1,485,660 1,485,660
3800 SHS SMCI SUPER MICRO COMPUTER INC 1,080,188 1,080,188
5000 SHS TSLA TESLA INC 1,242,400 1,242,400

TY 2023 LegalFeesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 75 0   75


TY 2023 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 4,000


TY 2023 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 275 0   275
POST OFFICE BOX RENTAL 332 0   332
G SUITE BUSINESS 184 0   184
WEBSITE HOSTING 297 0   297
TAXES AND LICENSES 21 0   21


TY 2023 OtherIncomeSchedule2
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
LPL FINANCIAL - BOND PREMIUM   -355,977  
LPL FINANCIAL - ACCRUED INTEREST PAID   -46,777  


TY 2023 OtherIncreasesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Description Amount
UNREALIZED GAIN/LOSS ON INVESTMENTS 11,864,530
RETURNED CONTRIBUTION 25,000


TY 2023 OtherLiabilitiesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL LIABILITIES 1,612 1,960


TY 2023 OtherProfessionalFeesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT AND ADVISORY MANAGEMENT 154,119 154,119   0
CONTRACT SERVICES 91,952 0   91,952


TY 2023 SubstantialContributorsSch
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Name Address
RANDAL BOYD 2704 ALLEE DE PAPILLON
KNOXVILLE,TN37922


TY 2023 TaxesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 16,500 0   0