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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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) 621-2296
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$98,037,708J 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... 2,047,854 2,047,854  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,219,580
b Gross sales price for all assets on line 6a 24,249,622
7 Capital gain net income (from Part IV, line 2)... 2,219,580
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
0 -345,566  
12 Total. Add lines 1 through 11........ 4,267,434 3,921,868  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 101,750 0   101,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 7,784 0   7,784
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,390 0   17,390
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
176,416 172,876   3,540
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
44,750 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 700 0   700
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,948 0   9,948
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 358,738 172,876   141,112
25 Contributions, gifts, grants paid....... 9,414,140 9,414,140
26 Total expenses and disbursements. Add lines 24 and 25 9,772,878 172,876   9,555,252
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,505,444
b Net investment income (if negative, enter -0-) 3,748,992
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 649,895 1,802,934 1,802,934
2 Savings and temporary cash investments......... 2,701,708 333,987 333,987
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 62,346,232 Click to see attachment
List of Attached Documents:
// Content
71,444,747 		71,444,747
c Investments—corporate bonds (attach schedule)....... 25,501,763 Click to see attachment
List of Attached Documents:
// Content
24,452,040 		24,452,040
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) 91,203,598 98,037,708 98,037,708
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
1,960 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 1,960 0
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 91,201,638 98,037,708
29 Total net assets or fund balances (see instructions)..... 91,201,638 98,037,708
30 Total liabilities and net assets/fund balances (see instructions). 91,203,598 98,037,708
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
91,201,638
2
Enter amount from Part I, line 27a .....................
2
-5,505,444
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
12,341,514
4
Add lines 1, 2, and 3 ..........................
4
98,037,708
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
98,037,708
Form 990-PF (2024)
Form 990-PF (2024)
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 704000 SHS AIR PRODS   2021-01-11 2024-12-09
b 770000 SHS BOSTON PPTYS 3.25   2021-01-11 2024-06-20
c 810000 SHS DEERE JOHN 1.75   2021-01-11 2024-12-09
d 697000 SHS DISCOVER BANK 2.45   2021-01-11 2024-09-12
e 682000 SHS RTX CORP   2021-01-11 2024-03-15
633000 SHS SPRINT CORP   2021-01-11 2024-06-17
701000 SHS TOYOTA MTR   2021-01-11 2024-10-07
177000 SHS UTD PARCEL   2021-01-11 2024-12-09
748000 SHS WASTE MANAGEMENT   2021-01-11 2024-12-09
300 SHS AIR PDTS & CHEMICALS   2023-11-08 2024-08-22
4000 SHS CROWDSTRIKE HLDNGS INC   2023-11-08 2024-10-02
4700 SHS PDD HLDGS INC   2024-08-22 2024-09-13
1500 SHS SUPER MICRO COMPUTER INC   2023-09-22 2024-03-04
5000 SHS TESLA INC   2023-06-06 2024-04-16
1000 SHS MEDTRONIC PLC   2023-07-12 2024-04-16
6000 SHS SCORPIO TANKERS INC   2024-07-22 2024-11-04
1700 SHS ABBVIE INC   2021-01-08 2024-12-04
4314 SHS AIR PDTS & CHEMICALS INC   2021-01-08 2024-08-22
5000 SHS ARISTA NETWORKS INC   2021-01-08 2024-10-30
6610 SHS BROWN & BROWN INC   2021-01-11 2024-12-04
11200 SHS CARNIVAL CORP PAIRD   2021-01-11 2024-12-04
1025 SHS CATERPILLAR INC   2021-01-08 2024-11-01
7654 SHS CHEBRON CORP   2024-01-11 2024-08-08
4000 SHS COCA COLA COMPANY   2021-01-08 2024-12-04
995 SHS COSTCO WHOLESALE CORP   2021-01-08 2024-12-04
2500 SHS EXPEDITORS INTL WASH INC   2021-01-08 2024-12-04
250 SHS HONEYWELL INTL INC   2021-01-08 2024-10-08
5935 SHS IDEX CORP   2021-01-08 2024-12-26
7617 SHS JOHNSON & JOHNSON   2021-01-08 2024-07-22
1000 SHS MCDONALDS CORP   2021-01-08 2024-12-04
510 SHS NVIDIA CORP   2023-08-29 2024-10-21
1865 SHS PEPSI INC   2021-01-08 2024-12-04
25900 SHS SOUTHWEST AIRLINES CO   2021-01-11 2024-04-16
2583 SHS TRAVELERS COS INC   2021-01-08 2024-06-05
7711 SHS UPS INC   2021-01-08 2024-07-22
4020 SHS WALMART INC   2021-01-08 2024-12-04
300 SHS WASTE MANAGEMENT INC   2021-01-08 2024-10-21
600 SHS ACCENTURE PLC   2021-01-08 2024-12-04
9266 SHS MEDTRONIC PLC   2021-01-08 2024-04-16
1549 SHS CHUBB LTD   2021-01-08 2024-06-05
(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 663,921   717,326 -53,405
b 655,986   811,103 -155,117
c 765,110   821,298 -56,188
d 697,000   697,000 0
e 682,000   736,349 -54,349
633,000   633,000 0
701,000   701,000 0
177,156   200,601 -23,445
674,232   742,988 -68,756
82,210   76,330 5,880
1,115,636   1,002,449 113,187
439,873   691,377 -251,504
1,459,184   353,278 1,105,906
780,341   1,101,159 -320,818
79,215   87,599 -8,384
349,579   465,764 -116,185
301,496   181,590 119,906
1,143,611   1,223,124 -79,513
1,607,052   381,680 1,225,372
714,129   314,122 400,007
299,193   227,392 71,801
392,871   197,598 195,273
1,102,210   1,310,084 -207,874
248,552   203,025 45,527
908,464   364,141 544,323
301,552   235,407 66,145
51,573   52,377 -804
1,223,135   1,222,237 898
1,178,534   1,219,080 -40,546
295,155   215,108 80,047
72,054   24,982 47,072
298,032   267,612 30,420
712,527   1,240,360 -527,833
539,479   359,721 179,758
1,115,866   1,219,499 -103,633
365,984   195,681 170,303
63,183   35,478 27,705
216,715   157,874 58,841
734,010   1,103,483 -369,473
408,802   239,766 169,036
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       -53,405
b       -155,117
c       -56,188
d       0
e       -54,349
      0
      0
      -23,445
      -68,756
      5,880
      113,187
      -251,504
      1,105,906
      -320,818
      -8,384
      -116,185
      119,906
      -79,513
      1,225,372
      400,007
      71,801
      195,273
      -207,874
      45,527
      544,323
      66,145
      -804
      898
      -40,546
      80,047
      47,072
      30,420
      -527,833
      179,758
      -103,633
      170,303
      27,705
      58,841
      -369,473
      169,036
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 2,219,580
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 52,111
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 52,111
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 52,111
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 48,675
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 48,675
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 3,436
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
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 		101,750 0 0
5401 MILL RIDGE DR
KNOXVILLE,TN37919
HARRISON BOYD DIRECTOR
0.00 		0 0 0
920 ELEANOR ST
KNOXVILLE,TN37917
CHAD DYKES CONTROLLER
0.00 		0 0 0
478 BROADMOOR DRIVE
MARYVILLE,TN37893
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 (2024)
Form 990-PF (2024)
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 172,806
1055 LPL WAY
KNOXVILLE,TN37950
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 (2024)
Form 990-PF (2024)
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
97,308,254
b
Average of monthly cash balances.......................
1b
1,458,399
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
98,766,653
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
98,766,653
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,481,500
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
97,285,153
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,864,258
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
4,864,258
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
52,111
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
52,111
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,812,147
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,812,147
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
4,812,147
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
9,555,252
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
9,555,252
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 4,812,147
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 710,793
b From 2020...... 1,504,875
c From 2021...... 2,742,654
d From 2022......  
e From 2023...... 797,999
f Total of lines 3a through e ........ 5,756,321
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 9,555,252
a Applied to 2023, 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 2024 distributable amount..... 4,812,147
e Remaining amount distributed out of corpus 4,743,105
5 Excess distributions carryover applied to 2024. 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 10,499,426
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		710,793
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		9,788,633
10 Analysis of line 9:
a Excess from 2020.... 1,504,875
b Excess from 2021.... 2,742,654
c Excess from 2022....  
d Excess from 2023.... 797,999
e Excess from 2024.... 4,743,105
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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. 80,730

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. 5,850

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. 100,000

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 300,000

BOYS & GIRLS CLUB OF THE TN VALLEY

967 IRWIN ST
KNOXVILLE,TN37917 		N/A 501(C)(3) 509(A)(2) ANNUAL BUDGET 80,000

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

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 47,750

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 830,000

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. 72,913

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. 307,500

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. 30,000

JUNIOR APPALACHIAN MUSICIANS INC

111 COURTHOUSE ST
INDEPENDENCE,VA24348 		N/A 501(C)(3) 509(A)(2) TO PROVIDE COMMUNITIES WITH THE TOOLS AND SUPPORT THEY NEED TO TEACH CHILDREN TO PLAY AND DANCE TO TRADITIONAL OLD TIME AND BLUEGRASS MUSIC. 37,765

KNOX EDUCATION FOUNDATION

912 S GAY ST L210
KNOXVILLE,TN37902 		N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 30,000

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 2,000

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. 65,000

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. 20,000

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

PROSPERA CORPORATE

1321 KINGS CT
CROWLEY,TX76036 		N/A 501(C)(3) 509(A)(2) UTILIZE SOAP RECYCLING TO DEVELOP AND SUPPORT SUSTAINABLE PROJECTS THAT PROMOTE HEALTH EDUCATION. 17,430

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. 63,888

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. 7,000

SCORE

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

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 80,000

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 125,000

SOUTH-DOYLE HIGH SCHOOL

2020 TIPTON STATION RD
KNOXVILLE,TN37920 		N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET. 1,000

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

TENNESSEE FINANCIAL LITERACY COMMISSION

PO BOX 198782
NASHVILLE,TN37219 		N/A 501(C)(3) 509(A)(2) TO EQUIP TENNESSEANS TO MAKE SOUND FINANCIAL DECISION WHEN IT COMES TO PLANNING, SAVING AND INVESTING. 10,000

TN STATE MUSEUM FOUNDATION

505 DEADERICK ST
NASHVILLE,TN37243 		N/A 501(C)(3) 509(A)(2) TO PROCURE, PRESERVE, EXHIBIT, AND INTERPRET OBJECTS WHICH RELATE TO THE SOCIAL, POLITICAL, ECONOMIC, AND CULTURAL HISTROY OF TENNESSEE. 20,000

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. 62,000

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. 987,500

UNIVERSITY OF TENNESSEE FOUNDATION

1525 UNIVESITY AVE
KNOXVILLE,TN37921 		N/A 501(C)(3) 509(A)(1) ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP, AND PRIVATE GIFT SUPPORT. 1,565,482

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

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

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 750,000

ZOO KNOXVILLE

3500 KNOXVILLE ZOO DRIVE
KNOXVILLE,TN37914 		N/A 501(C)(3) 509(A)(2) TO SHARE FUN EXPERIENCES THAT EDUCATE AND INSPIRE. 666,667

CITY OF KNOXVILLE PARKS AND RECREATION

5930 LYONS VIEW PIKE
KNOXVILLE,TN37919 		N/A GOV TO BUILD DOG PARKS IN THE COMMUNITY. 150,000

A STEP AHEAD OF EAST TN INC

PO BOX 20363
KNOXVILLE,TN37940 		N/A 501(C)(3) 509(A)(2) TO REMOVE BARRIERS TO CONTRACEPTION THROUGH EDUCATION, OUTREACH, AND ACCESS TO BIRTH CONTROL 30,000

AMERICAN RED CROSS

6921 MIDDLEBROOK PIKE
KNOXVILLE,TN37909 		N/A 501(C)(3) 509(A)(2) TO HELP PREVENT AND RELIEVE SUFFERING WITH EVERY ACTION 10,000

CANDORO ARTS & HERITAGE

PO BOX 9473
KNOXVILLE,TN37940 		N/A 501(C)(3) 509(A)(2) FOR ANNUAL BUDGET 3,500

CARTER COUNTY CHAMBER FOUNDATION

615 E ELK AVENUE
ELIZABETHTON,TN37643 		N/A GOV HURRICANE HELENE RELIEF FUND 1,000,000

DOLLY PARTON'S IMAGINATION LIBRARY

500 W CHURCH AVE
KNOXVILLE,TN37902 		N/A 501(C)(3) 509(A)(2) TO HELP CHILDREN ACHIEVE EDUCATIONAL SUCCESS. 10,000

EAST TENNESSEE FOUNDATION

520 WEST SUMMIT HILL DRIVE
KNOXVILLE,TN37902 		N/A 501(C)(3) 509(A)(2) TO MAKE EAST TENNESSEE A BETTER PLACE TODAY AND FOR FUTURE GENERATIONS. 1,165

FISH HOSPITALITY PANTRIES

800 NORTHSHORE DRIVE
KNOXVILLE,TN37919 		N/A 501(C)(3) 509(A)(2) TO HELP CREATE A COMMUNITY OF INCLUSION AND WELCOME IN KNOXVILLE. 190,000

GOVERNOR'S EARLY LITERACY FOUNDATION

PO BOX 331338
NASHVILLE,TN37203 		N/A 501(C)(3) 509(A)(2) TO STRENGTHEN EARLY LITERACY BY PROVIDING HIGH-QUALITY BOOKS TO CHILDREN. 50,000

HOMETON SERVICE COALITION

PO BOX 331
MOUNTAIN CITY,TN37683 		N/A 501(C)(3) 509(A)(2) HURRICANE HELENE RELIEF 400,000

INTERFAITH HEALTH CENTER

315 GILL AVENUE
KNOXVILLE,TN37917 		N/A 501(C)(3) 509(A)(2) TO HELP PROVIDE COMPREHENSIVE, AFFORDABLE CARE TO WORKING UNINSURED OR UNDERSERVED INDIVIDUALS IN THE KNOXVILLE AREA. 200,000

KNOX COUNTY COMMUNITY GARDENS

5617 LYONS VIEW PIKE
KNOXVILLE,TN37919 		N/A 501(C)(3) 509(A)(2) TO SERVE AND SUPPORT COMMUNITY GARDENS AND GROWERS IN KNOX COUNTY 100,000

KNOXVILLE ENTREPRENEUR CENTER

17 MARKET SQUARE
KNOXVILLE,TN37902 		N/A 501(C)(3) 509(A)(2) TO CREATE A THRIVING ENTREPRENEURIAL COMMUNITY THAT IS ACCESSIBLE, DIVERSE, AND SUSTAINABLE. 50,000

ROANE STATE FOUNDATION

276 PATTON LANE
HARRIMAN,TN37748 		N/A 501(C)(3) 509(A)(2) TO STRENGTHEN COMMUNITIES AND ELIMINATE BARRIERS TO STUDENT SUCCESS. 100,000

TENNESSEE EXTENSION ASSOCIATION OF ADMINISTRATIVE PROFESSIONALS

2621 MORGAN CIRCLE DRIVE
KNOXVILLE,TN37996 		N/A 501(C)(3) 509(A)(2) TO PROVIDE AND MAINTAIN A STRUCTURE THROUGH WHICH EXTENSION SUPPORT PROFESSIONALS MAY BE UNITED IN PROFESSIONAL DEVELOPMENT, ADVANCEMENT OPPURTUNITIES, AND STRONGER WORKING RELATIONSHIPS STATEWIDE FOR THE BENEFIT OF THEMSELVES AND TENNESSEE EXTENSION 5,000

TENNESSEANS FOR QUALITY EARLY EDUCATION

40 S MAIN STREET
MEMPHIS,TN38103 		N/A 501(C)(3) 509(A)(2) TO INVEST IN EARLY CHILDHOOD PROGRAMS, PROMOTE FAMILY-FRIENDLY WORKPLACE POLICIES, AND ADVOCATE FOR POLICIES THAT SUPPORT YOUNG CHILDREN AND THEIR FAMILIES 5,000

THE BOYD TAVERN

449 WASHINGTON ST
BOYDTON,VA23917 		N/A 501(C)(3) 509(A)(2) RESTORATION OF BOYD TAVERN 15,000

THE UNIVERSITY OF TENNESSEE

916 VOLUNTEER BOULEVARD
KNOXVILLE,TN37996 		N/A 501(C)(3) 509(A)(2) GARDENS GALA 20,000
Total .................................right arrow 3a 9,414,140
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2,047,854  
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 2,219,580  
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 4,267,434 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,267,434
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 17,390 0   17,390

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Name of Bond End of Year Book Value End of Year Fair Market Value
421000 SHS UNITED PARCEL SVC AMER INC SR NOTE CPN 4.450% DUE 04/01/30 D 417,205 417,205
690000 BDS STARBUCKS CORP SR NOTE CPN 2.450% DUE 06/15/26 DTD 05/16/16 668,269 668,269
757000 BDS SHERWIN WILLIAMS CO SR NOTE CPN 3.450% DUE 06/01/27 DTD 05/16 733,522 733,522
663000 BDS SEAGATE HDD CAYMAN SR NOTE CPN 4.750% DUE 01/01/25 DTD 07/01 661,343 661,343
766000 BDS REPUBLIC SVCS INC SR NOTE CPN 1.450% DUE 02/15/31 DTD 08/20 620,613 620,613
744000 BDS PHILIP MORRIS INTL INC SR NOTE CPN 0.875% DUE 05/01/26 DTD 708,408 708,408
638000 BDS NETFLIX INC SR NOTE CPN 5.875% DUE 11/15/28 658,549 658,549
753000 BDS HILTON DOMESTIC OPER CO INC SR NOTE CPN 4.875% DUE 01/15/30 720,998 720,998
805000 BDS FISERV INC SR NOTE CPN 2.250% DUE 06/01/27 DTD 05/13/20 FC 12 759,678 759,678
703000 BDS FEDEX CORP UNSECD NOTE CPN 4.250% DUE 05/15/30 DTD 04/07/20 682,190 682,190
681000 BDS EQUINIX INC SR NOTE CPN 2.900% DUE 11/18/26 DTD 11/18/19 FC 0 657,390 657,390
667000 BDS ENTERPRISE PRODS OPER LLC GTD SR NOTE CPN 3.125% DUE 07/31/29 620,248 620,248
745000 BDS ENTERGY CORP NEW SR NOTE CPN 0.900% DUE 09/15/25 DTD 08/26/ 723,968 723,968
554000 BDS EL PASO ENERGY CORP MEDIUM TERM NOTE CPN 7.750% DUE 01/15/32 DTD 631,433 631,433
666000 BDS CVS HLTH CORP SR NOTE CPN 3.000% DUE 08/15/26 DTD 08/15/19 644,684 644,684
652000 BDS COMCAST CORP NEW NOTE CPN 3.550% DUE 05/01/28 DTD 02/08/18 625,757 625,757
613000 BDS CITIGROUP INC SUB NOTE CPN 5.500% DUE 09/13/25 615,288 615,288
709000 BDS CAPITAL ONE FINL CORP SR SUB NOTE CPN 3.800% DUE 01/31/28 DT 683,727 683,727
606000 BDS BROOKFIELD FIN INC GTD NOTE CPN 4.850% DUE 03/29/29 DTD 01/2 601,163 601,163
838000 BDS BAT CAP CORP GTD NOTE CPN 2.726% DUE 03/25/31 DTD 09/25/20 FC 724,743 724,743
830000 BDS BALL CORP SR NOTE CPN 2.875% DUE 08/15/30 DTD 08/13/20 FC 02/ 708,613 708,613
753000 BDS AUTOZONE INC SR NOTE CPN 1.650% DUE 01/15/31 DTD 08/14/20 FC 622,189 622,189
640000 BDS AON CORP GTD SR NOTE CPN 3.750% DUE 05/02/29 DTD 05/02/19 F 605,937 605,937
811000 BDS AMGEN INC SR NOTE CPN 2.000% DUE 01/15/32 DTD 08/09/21 FC 01/15/2 655,073 655,073
742000 BDS ALLSTATE CORP SR NOTE CPN 0.750% DUE 12/15/25 DTD 11/24/20 715,091 715,091
779000 BDS CHARTER COMMNS OPER LLC NOTE CPN 4.4% DUE 04/01/33 695,875 695,875
739000 BDS NRG ENERGY INC SR NOTE CPN 5.75% DUE 01/15/28 734,381 734,381
695000 BDS PILGRIMS PRIDE CORP NEW NOTE CPN 6.25% DUE 07/01/33 711,506 711,506
825000 BDS UNITED RENT NA INC SR NOTE CPN 3.75% DUE 01/15/32 720,844 720,844
726000 BDS YUM BRANDS INC SR NOTE CPN 5.375% DUE 04/01/32 703,313 703,313
767000 BDS AT&T INC CPN 5.40% DUE 02/15/34 770,430 770,430
713000 BDS SUNOCO LP SR NOTE CPN 4.50% DUE 05/15/29 668,438 668,438
704000 BDS GENERAL MOTORS FINL CO SR NOTE CPN 6.4% DUE 01/09/33 728,375 728,375
492000 BDS QUALCOMM INC NOTE CPN 5.4% DUE 05/20/33 506,047 506,047
513000 BDS DEUTSCHE BANK NOTE CPN 7.079% DUE 02/10/34 527,797 527,797
720000 BDS FORD MOTOR CR CO NOTE CPN 6.125% DUE 03/08/34 703,960 703,960
516000 BDS ESSEX PORT NOTE CPN 5.5% DUE 04/01/34 514,995 514,995

TY 2024 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 1,109,052 1,109,052
21021 SHS WMT WALMART INC C 1,899,247 1,899,247
8738 SHS WM WASTE MANAGEMENT INC DEL 1,763,241 1,763,241
5562 SHS UNP UNION PACIFIC CORP C 1,268,358 1,268,358
3037 SHS UNH UNITEDHEALTH GROUP INC 1,536,297 1,536,297
5940 SHS TRV TRAVELERS COS INC C 1,430,887 1,430,887
6538 SHS PEP PEPSICO INC C 994,168 994,168
1994 SHS NFLX NETFLIX INC C 1,777,292 1,777,292
5586 SHS MSFT MICROSOFT CORP C 2,354,499 2,354,499
4671 SHS MCD MCDONALDS CORP C 1,354,076 1,354,076
2684 SHS LMT LOCKHEED MARTIN CORP C 1,304,263 1,304,263
19134 SHS KO COCA-COLA COMPANY C 1,191,283 1,191,283
9021 SHS JPM JPMORGAN CHASE & CO C 2,162,424 2,162,424
5896 SHS ITW ILLINOIS TOOL WORKS INC C 1,494,990 1,494,990
6808 SHS HSY HERSHEY COMPANY C 1,152,935 1,152,935
5573 SHS HON HONEYWELL INTL INC C 1,258,885 1,258,885
4558 SHS HD HOME DEPOT INC C 1,773,016 1,773,016
12780 SHS GOOGL ALPHABET INC CL A C 2,419,254 2,419,254
10481 SHS EXPD EXPEDITORS INTL WASH INC 1,160,980 1,160,980
5522 SHS CRM SALESFORCE.COM INC C 1,846,170 1,846,170
2137 SHS COST COSTCO WHOLESALE CORP 1,958,069 1,958,069
12973 SHS CHD CHURCH & DWIGHT COMPANY INC 1,358,403 1,358,403
46900 SHS CCL CARNIVAL CORP PAIRED CTF 1 COM CARNIVL CRP & 1 TR SH BEN 1,168,748 1,168,748
6000 SHS CB CHUBB LTD C 1,657,800 1,657,800
5288 SHSS CAT CATERPILLAR INC C 1,918,275 1,918,275
17290 SHS BRO BROWN & BROWN INC C 1,763,926 1,763,926
20460 SHS ANET ARISTA NETWORKS INC C 2,261,444 2,261,444
7950 SHS AMZN AMAZON.COM INC C 1,744,151 1,744,151
12994 SHS AMD ADVANCED MICRO DEVICES INC 1,569,545 1,569,545
4039 SHS ACN ACCENTURE PLC IRELAND 1,420,880 1,420,880
10993 SHS ABT ABBOTT LABORATORIES C 1,243,418 1,243,418
8656 SHS ABBV ABBVIE INC C 1,538,171 1,538,171
9134 SHS AAPL APPLE INC C 2,287,336 2,287,336
29490 SHS NVDA NVIDIA CORP 3,960,212 3,960,212
23000 SHS SMCI SUPER MICRO COMPUTER INC 701,040 701,040
8400 SHS DECK DECKERS OUTDOOR CORP 1,705,956 1,705,956
4000 SHS ETN EATON CORP 1,327,480 1,327,480
720 SHS LLY ELI LILLY & CO 555,840 555,840
15000 SHS GCT GIGACLOUD TECHNOLOGY INCL CL 277,800 277,800
4200 SHS GWRE GUIDEWIRE SOFTWARE INC 708,036 708,036
7000 SHS HWM HOWMET AEROSPACE INC 765,590 765,590
8000 SHS PSN PARSONS CORP 738,000 738,000
5000 SHS POWL POWELL INDUSTRIES INC 1,108,250 1,108,250
5000 SHS PGR PROGRESSIVE CORP 1,198,050 1,198,050
10000 SHS RVLV REVOLE GROUP INC CL A 334,900 334,900
2000 SHS SEZL SEZZLE INC 511,600 511,600
3000 SHS SFM SPROUTS FARMERS MARKET INC 381,210 381,210
10000 SHS UTI UNIVERSAL TECHNICAL INSTITUTE INC 257,100 257,100
15000 SHS VRT VERTIV HOLDINGS 1,704,150 1,704,150
15000 SHS VST VISTRA CORP 2,068,050 2,068,050

TY 2024 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 2024 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 80 0   80
POST OFFICE BOX RENTAL 342 0   342
WEBSITE HOSTING 551 0   551
TAXES AND LICENSES 1,600 0   1,600
SUPPLIES 7,354 0   7,354
REGISTRATION FEES 21 0   21


TY 2024 OtherIncomeSchedule2
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
LPL FINANCIAL - BOND PREMIUM   -291,228  
LPL FINANCIAL - ACCRUED INTEREST PAID   -54,338  


TY 2024 OtherIncreasesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Description Amount
UNREALIZED GAIN/LOSS ON INVESTMENTS 12,341,514


TY 2024 OtherLiabilitiesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL LIABILITIES 1,960 0


TY 2024 OtherProfessionalFeesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT AND ADVISORY MANAGEMENT 172,876 172,876   0
CONTRACT SERVICES 3,540 0   3,540


TY 2024 SubstantialContributorsSch
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Name Address
RANDAL BOYD 2704 ALLEE DE PAPILLON
KNOXVILLE,TN37922


TY 2024 TaxesSchedule
Name:
THE BOYD FOUNDATION
EIN:
37-1877729
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 44,750 0   0