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 ASLAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)5107 HOMBERG DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KNOXVILLE, TN37919
A Employer identification number

62-1520208
B Telephone number (see instructions)

(865) 524-6360
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$121,356,866J 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) 1,537,214
2 Check right arrow.............
3 Interest on savings and temporary cash investments 13,841 10,332  
4 Dividends and interest from securities... 1,797,641 1,797,641  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -763,143
b Gross sales price for all assets on line 6a 23,657,538
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
40,749 36,584  
12 Total. Add lines 1 through 11........ 2,626,302 1,844,557  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 898,253 18,417   879,836
15 Pension plans, employee benefits....... 114,004 2,345   111,659
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
21,865     23,080
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
49,325 8,574   31,146
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
305,199 163,329   157,305
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
134,966 47,250   65,043
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
932,286    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 38,506     35,792
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
892,246 23,292   843,216
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,386,650 263,207   2,147,077
25 Contributions, gifts, grants paid....... 1,098,156 1,091,631
26 Total expenses and disbursements. Add lines 24 and 25 4,484,806 263,207   3,238,708
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,858,504
b Net investment income (if negative, enter -0-) 1,581,350
c Adjusted net income (if negative, enter -0-)...  
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............. 801,467 7,418 7,418
2 Savings and temporary cash investments......... 1,797,737 6,706,520 6,706,520
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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.......... 61,666 70,069 70,069
10a Investments—U.S. and state government obligations (attach schedule) 925,326    
b Investments—corporate stock (attach schedule)....... 52,778,835 Click to see attachment
List of Attached Documents:
// Content
58,655,093 		58,655,093
c Investments—corporate bonds (attach schedule)....... 13,908,243 Click to see attachment
List of Attached Documents:
// Content
10,051,581 		10,051,581
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).......... 600,263 Click to see attachment
List of Attached Documents:
// Content
522,355 		522,355
14 Land, buildings, and equipment: basis right arrow45,343,830
Less: accumulated depreciation (attach schedule) right arrow4,501,286 37,236,220 Click to see attachment
List of Attached Documents:
// Content
40,842,544 		45,343,830
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
16,811 		   
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 108,126,568 116,855,580 121,356,866
Liabilities 17 Accounts payable and accrued expenses.......... 711,853 774,177
18 Grants payable................. 944,349 925,267
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
4,800 		Click to see attachment
List of Attached Documents:
// Content
4,050
23 Total liabilities (add lines 17 through 22)......... 1,661,002 1,703,494
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........... 106,465,566 115,152,086
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 106,465,566 115,152,086
30 Total liabilities and net assets/fund balances (see instructions). 108,126,568 116,855,580
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
106,465,566
2
Enter amount from Part I, line 27a .....................
2
-1,858,504
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
11,496,394
4
Add lines 1, 2, and 3 ..........................
4
116,103,456
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
951,370
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
115,152,086
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 SCHWAB 4350 LOSSES P    
b SCHWAB 6712 LOSSES P    
c FAIRWAY R.E. FUND LP SECT 1231 P    
d OVATION ALT INC FUND LP SECT 1231 P    
e SCHWAB REALIZED GAIN P    
FAIRWAY R.E. FUND LP CAPITAL LOSS P    
RCP FUND V LP CAPITAL GAIN P    
OVATION ALT INC FUND LP CAPITAL GAIN P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 21,582,812   22,131,542 -548,730
b 2,066,520   2,287,581 -221,061
c     536 -536
d 113     113
e 509     509
    1,022 -1,022
1,094     1,094
6,490     6,490
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       -548,730
b       -221,061
c       -536
d       113
e       509
      -1,022
      1,094
      6,490
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 -763,143
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 -763,143
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 21,981
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 21,981
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 21,981
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 21,641
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 31,641
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......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 9,660
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow9,660 Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
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. ...............................
10
 
No
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 arrowWWW.ASLANFOUNDATION.ORG
14
The books are in care ofright arrowLINDSAY Y MCDONOUGH Telephone no.right arrow (865) 524-6360

Located atright arrow5107 HOMBERG DRIVEKNOXVILLETN ZIP+4right arrow37919
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)
 
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
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
 
 
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)
Yes
 
(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
 
No
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
LINDSAY Y MCDONOUGH TREASURER
5.00 		0 0 0
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
MARK K WILLIAMS SECRETARY
5.00 		0 0 0
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
ROBERT S YOUNG PRESIDENT
5.00 		0 0 0
5107 HOMBERG DRIVE
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
ANDREA BAILEY EXECUTIVE DI
40.00 		197,380 13,288  
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
SARAH SWINFORD EMPLOYEE
40.00 		105,114 11,097  
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
RANDALL COFFEY EMPLOYEE
40.00 		96,513 8,382  
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
JOHN WORLEY EMPLOYEE
40.00 		67,773 12,070  
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
TIFFANY SUTTON EMPLOYEE
40.00 		68,249 9,077  
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
Total number of other employees paid over $50,000...................right arrow 2
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
HICKORY CONSTRUCTION CONSTRUCTION 3,929,721
124 KENT PLACE
ALCOA,TN37701
SANDERS PACE ARCHITECTURE ARCHITECTURE 746,963
514 W JACKSON AVENUE
KNOXVILLE,TN37902
EVERGREEN TIMBER WORKS LANDSCAPING 287,677
1901 EARL AVENUE
KNOXVILE,TN37920
AHE-EC INC ELECTRICAL 102,973
7313 CENTRAL AVE PIKE
POWELL,TN37849
HAPPYMAC COMPUTER 77,072
PO BOX 50701
KNOXVILLE,TN37950
Total number of others receiving over $50,000 for professional services.............right arrow2
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 EUGENIA WILLIAMS PROJECT: RESTORATION OF HISTORIC BUILDING AND GROUNDS TO PRESERVE ITS REGIONAL AND NATIONAL SIGNIFICANCE FOR PUBLIC USE AND BENEFIT. 4,940,835
2 LOGHAVEN ARTIST RESIDENCY: SERVING ARTISTS BY PROVIDING TIME AND SPACE TO WORK, THEREBY FACILITATING THE CREATION OF NEW WORK FOR THE PUBLIC. 993,159
3 CANDORO MARBLE BUILDING: MAINTENANCE OF HISTORIC BUILDING TO PRESERVE ITS REGIONAL AND NATIONAL SIGNIFICANCE FOR PUBLIC USE AND BENEFIT. 139,987
4 HIGH GROUND PARK: MAINTENANCE OF HIGH GROUND PARK FOR PUBLIC USE AND BENEFIT. HIGH GROUND PARK PRESERVES THE SITE OF CIVIL WAR FORT HIGLEY AND THE SCENIC VALUE OF A HIGH RIDGE ABOVE THE TENNESSEE RIVER. 136,984
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
72,611,282
b
Average of monthly cash balances.......................
1b
371,161
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
72,982,443
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
72,982,443
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,094,737
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
71,887,706
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,594,385
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,594,385
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
21,981
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
21,981
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,572,404
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
3,572,404
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,572,404
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
3,238,708
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
4,578,341
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
7,817,049
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 3,572,404
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 1,096,648
b From 2019...... 8,196,244
c From 2020...... 5,324,612
d From 2021...... 1,133,147
e From 2022...... 3,017,021
f Total of lines 3a through e ........ 18,767,672
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 7,817,049
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 3,572,404
e Remaining amount distributed out of corpus 4,244,645
5 Excess distributions carryover applied to 2023.    
(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 23,012,317
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		1,096,648
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		21,915,669
10 Analysis of line 9:
a Excess from 2019.... 8,196,244
b Excess from 2020.... 5,324,612
c Excess from 2021.... 1,133,147
d Excess from 2022.... 3,017,021
e Excess from 2023.... 4,244,645
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).)
ROBERT S YOUNG JR
LINDSAY Y MCDONOUGH
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.
NONE
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:
APPLICATIONS TO BE SUBMITTED ONLINE
5107 HOMBERG DRIVE
KNOXVILLE,TN37919
(865) 524-6360
ASLAN.SMARTSIMPLE.COM
bThe form in which applications should be submitted and information and materials they should include:
FOUNDATION'S ONLINE GRANT APPLICATION
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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
ALENA MEHIC


402 COBBLESTONE WAY
MOUNT JULIET,TN37122 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,000
ALETHEA PACE


800 GRAND CONCOURSE 1FN
BRONX,NY10451 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
ALLISON L WADE


5556 NORTH LAKEWOOD 1F
CHICAGO,IL60640 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,700
AMIR RABIYAH EL-CHIDIAC


2625 W JEFFERSON ST 301
PHILADELPHIA,PA19121 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,700
ANNE GOSFIELD


301 EAST 12TH STREET 3D
NEW YORK,NY10003 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,850
ANTHONY GREEN


168 DOYLE AVENUE
PROVIDENCE,RI02906 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,000
ASHLEY MEREDITH BIGHAM


377 JACKSON ST
COLUMBUS,OH43206 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,700
BETH ANN FENNELLY


400 SISK AVE
OXFORD,MS38655 		N/A INDIVIDUAL ARTIST GRANT - 2023 5,100
CAMILLA SIMS


1100 STRATH CLYDE WAY
MCDONOUGH,GA30253 		N/A INDIVIDUAL ARTIST GRANT - 2023 4,979
ELGIN CLECKLEY


1310 CHESAPEAKE ST
CHARLOTTESVILLE,VA22902 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
ERIK HERMAN


377 JACKSON ST
COLUMBUS,OH43206 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,700
ERIKA SHARON MEITNER


6313 STONEFIELD RD
MIDDLETON,WI53562 		N/A INDIVIDUAL ARTIST GRANT - 2023 850
FRANCESCA REMIGI


29 SPENCER PLACE APT 2R
BROOKLYN,NY11216 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
FRANCHELLE LUCAS


1302 WAUGH DR 458
HOUSTON,TX77019 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
HUMBI SONG


1137 MASSACHUSETTS AV 45
CAMBRIDGE,MA02138 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
ISABELLA DAWIS


212 11TH AVE S 4
MINNEAPOLIS,MN55415 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
JESSICA PAVONE


1442 31ST DRIVE 2B
ASTORIA,NY11106 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
JOHN JESURUN


277 WEST 11TH ST APT 3B
NEW YORK,NY10014 		N/A INDIVIDUAL ARTIST GRANT - 2023 5,100
MAJEL A CONNERY


342 OLD BEACH 88 ST
ROCKAWAY BEACH,NY11693 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,000
MICHELLE PENALOZA


PO BOX 632
COVELO,CA95428 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
NATALIA VILLANEUVA


1816 S RACINE AVE 3F
CHICAGO,IL60608 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
NICHOLAS BOGGS


139 NORTH 9TH ST APT 2R
BROOKLYN,NY11249 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
QUYNH HOANG VANTU


9737 COUNTRY WAY RD
GLEN ALLEN,VA23060 		N/A INDIVIDUAL ARTIST GRANT - 2023 5,100
REBECCA HILL


3904 UTAH AVE
BRENTWOOD,MD20722 		N/A INDIVIDUAL ARTIST GRANT - 2023 4,737
ROBERT KLEIER


301 EAST 12TH ST 3D
NEW YORK,NY10003 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,850
ROLAND ANTOINE WILLIAMS


4330 SW 20TH LN
GAINESVILLE,FL32607 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,700
RONALD E SHAVERS JR


411 G STREET
SALT LAKE CITY,UT84103 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,700
SHRUTI SWAMY


563 SHOTWELL APT E
SAN FRANCISCO,CA94110 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,000
STACEY STEERS


517 PINE STREET
BOULDER,CO80302 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
TIDTAYA SINUTOKE


6289 AUTSIN ST FL 2
REGO PARK,NY11374 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
TSERING LAMA


16287 86B AVE
SURREYBRITISHCOLUMBIA,BRITISH COLUMBIAV4N1C7
CA 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
YI XIE


260 MOORE ST 303
BROOKLYN,NY11206 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,000
YULIYA TSUKERMAN


141 HUNTINGTON ST 2
BROOKLYN,NY11231 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400

A STEP AHEAD

PO BOX 20363
KNOXVILLE,TN37940 		  501(C)3 2023 GRANT 15,000

APPALACHIAN BEAR RESCUE

121 PAINTED TRILLIUM WAY
TOWNSEND,TN37882 		  501(C)3 2023 GRANT 10,000

APPALACHIAN MOUNTAIN BIKE CLUB

PO BOX 883
KNOXVILLE,TN37901 		  501(C)3 2023 GRANT 22,500

AUSTIN EAST FOUNATION

PO BOX 52250
KNOXVILLE,TN37950 		  501(C)(3) 2023 GRANT 10,000

BIG EARS FESTIVAL

PO BOX 217
KNOXVILLE,TN379010901 		  501(C)(3) 2023 GRANT 250,000

BOYS AND GIRLS CLUB OF TN VALLEY

967 IRWIN STREET
KNOXVILLE,TN37917 		  501(C)(3) 2023 GRANT 30,000

CONSERVATION FISHERIES INC

3424 DIVISION STREET
KNOXVILLE,TN37919 		  501(C)(3) 2023 GRANT 17,500

FREE MEDICAL CLINIC OF AMERICA

6209 CHAPMAN HIGHWAY
KNOXVILLE,TN37920 		  501(C)3 2023 GRANT 50,000

IJAMS NATURE CENTER

2915 ISLAND HOME AVE
KNOXVILLE,TN37920 		  501(C)(3) 2023 GRANT 25,000

INTERFAITH HEALTH CLINIC

315 GILL AVE
KNOXVILLE,TN37917 		  501(C)(3) 2023 GRANT 20,000

KNOX HERITAGE INC

3425 KINGSTON PIKE
KNOXVILLE,TN37919 		  501(C)3 2023 GRANT 20,000

KNOXVILLE HISTORY PROJECT

516 WEST VINE AV STE 8
KNOXVILLE,TN37902 		  501(C)3 2023 GRANT 15,000

KNOXVILLE MUSEUM OF ART

1050 WORLDS FAIR PARK
KNOXVILLE,TN37916 		  501(C)(3) 2023 GRANT 75,000

KNOXVILLE OPERA COMPANY

612 E DEPOT AVENUE
KNOXVILLE,TN37917 		  501(C)3 2023 GRANT 10,000

KNOXVILLE SYMPHONY ORCHESTRA

PO BOX 360
KNOXVILLE,TN379010360 		  501(C)3 2023 GRANT 30,000

MOUNTAIN TRAILS WILDLIFE REHAB

PO BOX 46
CORRYTON,TN37721 		  501(C)3 2023 GRANT 4,500

TRI-STAR ARTS

4450 CANDORA AVE
KNOXVILLE,TN37920 		  501(C)(3) 2023 GRANT 6,667

BATTLEFIELD FARM

417 N CASTLE STREET
KNOXVILLE,TN379144420 		  501(C)3 2023 GRANT 10,000

BIG EARS FESTIVAL

PO BOX 217
KNOXVILLE,TN379010901 		  501(C)3 APPALACHIAN CELEBRATION SUPPORT 50,000

CITY OF KNOXVILLE

PO BOX 1631
KNOXVILLE,TN37901 		  CITY GOV'T 2023 GRANT 3,500

CONSERVATION FISHERIES INC

3424 DIVISION STREET
KNOXVILLE,TN37919 		  510(C)3 SPONSOR FALL DINNER 500

CONTRIBUTIONS FROM OVATION ALT K-1

1717 W 6TH ST ST 380
AUSTIN,TX78703 		  501(C)3 CONTRIBUTION 1

EAST TN HISTORICAL SOCIETY

601 SOUTH GAY ST
KNOXVILLE,TN37902 		  501(C)3 2023 MICRO GRANT 2,872

EAST TN COMMUNITY DESIGN CTR

1300 N BROADWAY
KNOXVILLE,TN37917 		  501(C)3 CONTRIBUTION 600

GIRL TALK INC

625 MARKET ST 1301
KNOXVILLE,TN37902 		  510(C)3 CONTRIBUTION 129

GOV JOHN SEVIER MEM ASSOCIATION

PO BOX 20195
KNOXVILLE,TN379401195 		  501(C)(3) 2023 MICRO GRANT 3,000

GREAT SMOKEY MTN INST AT TREMONT

9275 TREMONT ROAD
TOWNSEND,TN37882 		  501(C)(3) TREMONT'S GO FUND 1,600

HAZEN HISTORICAL MUSEUM FOUNDATION

1649 DANDRIDGE AVE
KNOXVILLE,TN37915 		  501(C)(3) 2023 MICRO GRANT 3,000

HISTORIC RAMSEY HOUSE

5241 SINCLAIR DR
KNOXVILLE,TN37914 		  501(C)3 2023 MICRO GRANT 3,000

HORSE HAVEN OF TENNESSEE

2477 FORD ROAD
LENOIR CITY,TN37772 		  501(C)(3) 2023 MICRO GRANT 3,000

IJAMS NATURE CENTER

2915 ISLAND HOME AVE
KNOXVILLE,TN37920 		  501(C)(3) CONTRIBUTION 272

INTERFAITH HEALTH CLINIC

315 GILL AVE
KNOXVILLE,TN37917 		  501(C)(3) 2023 GRANT 19,000

KEEP KNOXVILLE BEAUTIFUL

PO BOX 385
KNOXVILLE,TN37901 		  501(C)(3) CONTRIBUTION 88

KIM HEALTH CENTER

6209 CHAPMAN HIGHWAY
KNOXVILLE,TN37920 		  501(C)3 2023 GRANT 50,000

KNOX COUNTY COMM GARDENS & GROWERS

1301 HANNAH AVE
KNOXVILLE,TN379216330 		  510(C)3 2023 GRANT 35,000

KNOX HERITAGE

3425 KINGSTON PIKE
KNOXVILLE,TN37919 		  501(C)(3) CONTRIBUTION 300

KNOXVILLE BOTANICAL GARDEN & ABORET

2743 WIMPOLE AVE
KNOXVILLE,TN37914 		  501(C)(3) 2023 MICRO GRANT 3,000

KNOXVILLE CHILDREN'S THEATRE INC

109 E CHURCHWELL AVENUE
KNOXVILLE,TN37917 		  501(C)(3) 2023 MICRO GRANT 3,000

KNOXVILLE CIVIL WAR ROUNDTABLE

PO BOX 52232
KNOXVILLE,TN379502232 		  501(C)3 CONTRIBUTION 100

KNOXVILLE HISTORY PROJECT

516 W VINE AVE STE 8
KNOXVILLE,TN37902 		  501(C)(3) CONTRIBUTION 500

KNOXVILLE OPERA

612 E DEPOT AVE
KNOXVILLE,TN37917 		  501(C)3 CONTRIBUTION 277

KNOXVILLE SYMPHONY

PO BOX 360
KNOXVILLE,TN379010360 		  501(C)3 CONTRIBUTION 700

LEADERSHIP KNOXVILLE

17 MARKET SQUARE STE 201
KNOXVILLE,TN37902 		  501(C)(3) CONTRIBUTION 900

LEGACY PARKS FOUNDATION

900 VOLUNTEER LANDING LN
KNOXVILLE,TN37915 		  501(C)(3) CONTRIBUTION 1,300

NIEF-NORF

PO BOX 31232
KNOXVILLE,TN37930 		  501(C)3 2023 MICRO-GRANT 3,000

SEEED INC

1617 DANDRIDGE AVE
KNOXVILLE,TN37915 		  501(C)3 2023 GRANT 15,000

SEEED INC

1617 DANDRIDGE AVE
KNOXVILLE,TN37915 		  501(C)3 GIVE 4308 CANDORO LN 25,607

SHORA FOUNDATION

2425 MARTIN LUTHER KING
KNOXVILLE,TN37915 		  501(C)(3) 2023 GRANT 10,000

THE SOUTH KNOXVILLE ALLIANCE

PO BOX 9387
KNOXVILLE,TN37940 		  501(C)(3) CONTRIBUTION 100

TRI-STAR ARTS

4450 CANDORA AVE
KNOXVILLE,TN37920 		  501(C)(3) 2023 GRANT 80,000

TWO BIKES

118 S CENTRAL ST
KNOXVILLE,TN37902 		  501(C)3 CONTRIBUTION 259

WESLEY HOUSE COMM CENTER

1719 REYNOLDS STREET
KNOXVILLE,TN379214761 		  501(C)3 2023 GRANT 10,000

YOUNG-WILLIAMS ANIMAL CENTER

3201 DIVISION STREET
KNOXVILLE,TN37919 		  501(C)3 2024 GRANT 25,000

YWCA KNOXVILLE & THE TENNESSEE VALL

420 CLINCH AVE
KNOXVILLE,TN37902 		  501 (C)(3) 2023 GRANT 40,000
ASUKA GOTO


226 WRITTENHOUSE SQ309
PHILADELPHIA,PA19103 		N/A INDIVIDUAL ARTIST GRANT - 2023 3,400
MAJEL CONNERY


342 OLD BEACH 88 STREET
ROCKAWAY BEACH,NY11693 		N/A INDIVIDUAL ARTIST GRANT - 2023 1,700
Total .................................right arrow 3a 1,117,238
bApproved for future payment

A STEP AHEAD
PO BOX 20363
KNOXVILLE,TN37940 		  501(C)(3) 2024 GRANT 20,000

APPALACHIAN MOUNTAIN BIKE CLUB
PO BOX 883
KNOXVILLE,TN37901 		  501(C)(3) 2024 GRANT 16,000

BOYS AND GIRLS CLUB OF TN VALLEY
967 IRWIN STREET
KNOXVILLE,TN37917 		  501(C)(3) 2024 GRANT 25,000

IJAMS NATURE CENTER
2915 ISLAND HOME AVENUE
KNOXVILLE,TN37920 		  501(C)(3) 2024 GRANT 20,000

KNOXVILLE HISTORY PROJECT
516 WEST VINE AVE STE 8
KNOXVILLE,TN37902 		  501(C)(3) 2024 GRANT 10,000

KNOXVILLE MUSEUM OF ART
1050 WORLDS FAIR PARK
KNOXVILLE,TN37916 		  501(C)3 2024 GRANT 35,000

KNOXVILLE OPERA COMPANY
612 E DEPOT AVE
KNOXVILLE,TN37917 		  501(C)(3) 2024 GRANT 15,000

KNOXVILLE SYMPHONY ORCHESTRA
PO BOX 360
KNOXVILLE,TN379010360 		  501(C)(3) 2024 THRU 2026 GRANTS 93,000

TRI-STAR ARTS
4450 CANDORA AVE
KNOXVILLE,TN37920 		  501(C)(3) 2024 GRANT 80,000

YOUNG WILLIAMS ANIMAL CENTER
3201 DIVISION STREET
KNOXVILLE,TN37919 		  501(C)3 2024 GRANT 275,000
ADRIENNE MACKEY

7527 BROOKLYN AVE NE
SEATTLE,WA98115 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
ALEXANDER GEDEON

15606 VIEWRIDGE LANE
GRANADA HILLS,CA91344 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
ALEXANDER NOICE

116 EL MOLINO AVE APT 8
PASADENA,CA91101 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
AMY BOONE-MCCREESH

901 HARGROVE ST
BALTIMORE,MD21202 		N/A INDIVIDUAL ARTIST GRANT - 2024 4,979
ANDREW SCHNEIDER

377 ARGYLE RD 3B
BROOKLYN,NY11218 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,036
BARRY GABRIEL MARTINEZ

2521 OAKDALE ST
HOUSTON,TX77004 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
CAMERON P DOWNEY

4354 QUEEN AVE N
MINNEAPOLIS,MN55412 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,157
CATHERINE GALASSO

169 ECKFORD ST APT 2
BROOKLYN,NY11222 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,279
CATHY LINH CHE

35 MARKET ST APT 5A
NEW YORK,NY10002 		N/A INDIVIDUAL ARTIST GRANT - 2024 2,914
CHRISTOPHER NUNEZ CHAVES

544 WEST 50TH ST APT 4RE
NEW YORK,NY10019 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
DAEUN JUNG

1630 SCHRADER BVD APT 717
LOS ANGELES,CA90028 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
DANTIEL W MONIZ

2124 E WASHINGTON AVE
MADISON,WI53704 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
DAVID CERF

88 NORWICH STREET
SAN FRANCISCO,CA94110 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,336
DORIAN WOOD

6159 ANNAN WAY
LOS ANGELES,CA90042 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
FRANK RICHARD JACOBUS

520 MCKEE STREET
STATE COLLEGE,PA16803 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
ISABEL CRESPO

1760 UNION STREET APT A9
BROOKLYN,NY11213 		N/A INDIVIDUAL ARTIST GRANT - 2024 5,100
JASMINE ORPILLA

1408 ARMADALE AVE 7
LOS ANGELES,CA90042 		N/A INDIVIDUAL ARTIST GRANT - 2024 4,554
JENNIFER HOPE CHOI

5516 LAKESHORE DR UNT 302
COLUMBIA,SC29206 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
JENNIFER WEN MA

2053 ADAM CLAYTON POWEL
NEW YORK,NY10027 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
JOHNATHAN VANDYKE

671 LEONARD ST APT 3
BROOKLYN,NY11222 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
KARLA QUINTERO

1755 BROADWAY APT 53
OAKLAND,CA94612 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
KATE BREDESON

2325 NE FLANDERS STR 14
PORTLAND,OR97232 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
LISA BIELAWA

610 WEST 164TH ST APT 51
NEW YORK,NY10032 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
MAHWISH CHISHTY

842 ALDEN STREET
SPRINGFIELD,MA01109 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
MARK MANACK

1116 LOUISE AVE
CHARLOTTE,NC28205 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
MARK STEVEN GREENFIELD

1822 LAPAZ ROAD
ALTADENA,CA91001 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
MARY PRESCOTT

635 W 59TH ST APT 802
NEW YORK,NY10019 		N/A INDIVIDUAL ARTIST GRANT - 2024 4,796
NINA COOKE JOHN

336 N FULLERTON AVE
MONTCLAIR,NJ07043 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
RUDRESH MAHANTHAPPA

28 EDGECLIFF RD
MONTCLAIR,NJ07043 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
SHRUTI SWAMY

563 SHOTWELL APT E
SAN FRANCISCO,CA94110 		N/A INDIVIDUAL ARTIST GRANT - 2024 1,700
STEPHANIE ERIN BATISTE

1080 BERGEN STREET 205
BROOKLYN,NY11216 		N/A INDIVIDUAL ARTIST GRANT - 2024 5,100
SUSMITA MAHATO

200 17TH AVE E 403
SEATTLE,WA98112 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
TSZ YAN NG

1907 WINSTED BLVD
ANN ARBOR,MI48103 		N/A INDIVIDUAL ARTIST GRANT - 2024 3,400
Total ................................. right arrow 3b 688,451
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 ........... 		    14 13,841  
4 Dividends and interest from securities ....     14 1,797,641  
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 -763,143  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOVATION ALT INC FD ORD INC( 		    14 -2,096  
bUBI OVATION ALT ORD INCOME 525990 3,401      
cUBI OVATION CAPITAL GAIN 525990 1,581      
dUBI OVATION SECT 1231 GAIN 525990        
eOVATION ALT INC FD LP OTH I     14 22  
fFAIRWAY R.A.F. I ORD INC(L     14 563  
gUBI FAIRWAY R.A.F ORD INC(L 525990 -921      
hUBI FAIRWAY R.A.F CAP GAIN 525990 104      
iFAIRWAY R.A.F. I LP OTHER I     14 920  
jFAIRWAY R.A.F. I LP ROYALTI     14 36,823  
kMISC INCOME     1 821  
lRCP FUND V LP ORD INC(LOSS)     14    
mUBI RCP FUND V LP ORD INC(L 525990        
nRCP FUND V LP OTHER INCOME     14    
oRCP FUND V LP ROYALTIES     14    
pFAIRWAY R.A.F. I LP RENTAL     14 -404  
qOVATION ALT INC FD LP RENTA     14 -65  
rUBI OVATION ALT INC FD LP R 525990        
sRCP FUND V LP RENTAL     14    
12 Subtotal. Add columns (b), (d), and (e) .. 4,165 1,084,923  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,089,088
(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 (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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE ASLAN FOUNDATION
 
Employer identification number

62-1520208
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE ASLAN FOUNDATION
  		Employer identification number
62-1520208
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
ROBERT S YOUNG JR
2419 PARK OAK DRIVE
 
LOS ANGELES, CA90068

$ 39,192


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
ROBERT S YOUNG JR
2419 PARK OAK DRIVE
 
LOS ANGELES, CA90068

$ 744,019


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
LINDSAY Y MCDONOUGH
834 BLUFF DRIVE
 
KNOXVILLE, TN37919

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
LINDSAY Y MCDONOUGH
834 BLUFF DRIVE
 
KNOXVILLE, TN37919

$ 703,892


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE ASLAN FOUNDATION
  		Employer identification number

62-1520208
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 9,721 SH DFUSX:DFA US LG COMP $ 264,022 2023-03-27
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 587 SH VIG:VANGUARD DIV APPREC $ 91,719 2023-05-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 155 SH MICROSOFT STOCK $ 51,854 2023-07-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 500 SH APPLE STOCK $ 84,270 2023-05-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 345 SH ICE:INTERCONTINENTAL EXCH $ 36,953 2023-05-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 704 SH CARR:CARRIER GLOBAL $ 29,441 2023-05-03
Schedule B (Form 990) (2023)
Name of organization
THE ASLAN FOUNDATION
  		Employer identification number

62-1520208
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 305 SH APPLE INC STOCK $ 51,833 2023-04-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 900 SH IMCG:ISHARES M'STAR MID-C $ 50,031 2023-05-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 765 SH APPLE INC STOCK $ 149,867 2023-07-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 352 OTIS:OTIS WORLDWIDE CORP $ 30,363 2023-05-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 7,379.468 SH DFFVX:DFA US TARGET $ 225,000 2023-07-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 5,595.015 SH DFUSX:DFA US LG COM $ 157,220 2023-05-03
Schedule B (Form 990) (2023)
Name of organization
THE ASLAN FOUNDATION
  		Employer identification number

62-1520208
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 1,052 SH OEF:ISHARES S&P $ 225,338 2023-07-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE ASLAN FOUNDATION
  		Employer identification number

62-1520208
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 49,325 8,574   31,146

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

TY 2023 DepreciationSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LAND   7,539,661              
LAND IMPROVMENTS   3,354,358 1,265,664     153,884      
BUILDINGS   20,095,327 1,471,149     502,434      
EQUIPMENT AND FURNITURE   1,539,719 693,500     203,052      
TECHNOLOGY EQUIP   379,854 177,530     72,916      
CWIP   12,434,910              

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Name of Bond End of Year Book Value End of Year Fair Market Value
SCHWAB 4350 CORPORATE BONDS    
SCHWAB 4350 BOND MUTUAL FUNDS 10,051,581 10,051,581

TY 2023 InvestmentsCorpStockSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Name of Stock End of Year Book Value End of Year Fair Market Value
SCHWAB 4350 SECURITIES    
SCHWAB 4350 ETFS 48,339,629 48,339,629
SCHWAB 6712 SECURITIES 10,315,464 10,315,464

TY 2023 InvestmentsOtherSchedule2
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SCHWAB 4350 ALTERNATIVES   317,821 317,821
SCHWAB 6712 REIT'S   204,534 204,534

TY 2023 LandEtcSchedule2
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND IMPROVEMENTS 3,354,358 1,419,547 1,934,811 3,354,358
BUILDINGS 20,095,327 1,973,583 18,121,744 20,095,327
EQUIP AND FURNITURE 1,539,720 857,710 682,010 1,539,720
TECHNOLOGY EQUIPMENT 379,854 250,446 129,408 379,854
CWIP 12,434,910   12,434,910 12,434,910
LAND 7,539,661   7,539,661 7,539,661


TY 2023 LegalFeesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT LEGAL FEES 21,865     23,080


TY 2023 OtherAssetsSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST 16,811    


TY 2023 OtherDecreasesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Description Amount
ADJUST DONOR BASIS 951,370


TY 2023 OtherExpensesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
COMPUTER, INTERNET, TELEPHONE 97,759     96,938
DUES - PROFESSIONAL 8,559     7,064
CULTURAL PROGRAMMING EVENTS 4,838     4,838
INSURANCE 140,500 478   140,022
INVESTMENT INTEREST - OVATION 324 324    
OFFICE EXPENSE 67,041     68,008
ORDINARY INCOME DEDUCTION - O 323 323    
ORDINARY INCOME DEDUCTION - R 1,218 1,218    
PORTFOLIO EXPENSE - FAIRWAY 7,722 7,719    
PORTFOLIO EXPENSE - OVATION 4,532 4,522    
PROMOTIONS 4,832     4,713
PROPERTY UPKEEP 545,890     521,633
ROYALTIES DEDUCTION - FAIRWAY 8,708 8,708    


TY 2023 OtherIncomeSchedule2
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OVATION ALT INC FD ORD INC(LS -2,096 -2,096  
UBI OVATION ALT ORD INCOME 3,401    
UBI OVATION CAPITAL GAIN 1,581    
OVATION ALT INC FD LP OTH INC 22 22  
FAIRWAY R.A.F. I ORD INC(LS) 563 563  
UBI FAIRWAY R.A.F ORD INC(LS) -921    
UBI FAIRWAY R.A.F CAP GAIN 104    
FAIRWAY R.A.F. I LP OTHER INC 920 920  
FAIRWAY R.A.F. I LP ROYALTIES 36,823 36,823  
MISC INCOME 821 821  
FAIRWAY R.A.F. I LP RENTAL -404 -404  
OVATION ALT INC FD LP RENTAL -65 -65  


TY 2023 OtherIncreasesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Description Amount
UNREALIZED GAINS ON INVESTMENTS 11,496,394


TY 2023 OtherLiabilitiesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Description Beginning of Year - Book Value End of Year - Book Value
SECURITY DEPOSITS 4,800 4,050


TY 2023 OtherProfessionalFeesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 1,938     1,927
CONSULTING 4,489     10,189
FOOD SERVICE 43,355     43,355
GRAPHIC DESIGN, WEBSITE 1,651     1,543
INVESTMENT EXPENSE 163,329 163,329    
PAYROLL SERVICES 3,396     3,079
RESEARCH SERVICES 21,261     21,387
PHOTO, VIDEO & SOCIAL MEDIA SERV 18,680     28,725
STAFFING SERVICES 47,100     47,100


TY 2023 TaxesSchedule
Name:
THE ASLAN FOUNDATION
EIN:
62-1520208
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL 22,558      
FOREIGN TAXES 45,886 45,886    
PAYROLL TAXES 66,408 1,364   65,043
STATE 114