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
AHB FOUNDATION INC
C/O STEINER & ELLIS PLLC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 52206
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KNOXVILLE, TN37950
A Employer identification number

62-1867424
B Telephone number (see instructions)

(865) 212-3800
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$46,420,452J 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) 19,300,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,342,023 1,342,021  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
-2,404
b Gross sales price for all assets on line 6a 1
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
37 -3  
12 Total. Add lines 1 through 11........ 20,639,656 1,342,018  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,150 6,150   0
c Other professional fees (attach schedule)....        
17 Interest............... 900 900   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12 12   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,237 5,214   20
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,299 12,276   20
25 Contributions, gifts, grants paid....... 1,472,797 1,472,797
26 Total expenses and disbursements. Add lines 24 and 25 1,485,096 12,276   1,472,817
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 19,154,560
b Net investment income (if negative, enter -0-) 1,329,742
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............. 39,334 822,099 822,099
2 Savings and temporary cash investments.........      
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).......      
c Investments—corporate bonds (attach schedule).......      
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
26,813,926 		Click to see attachment
List of Attached Documents:
// Content
45,185,722 		Click to see attachment
List of Attached Documents:
// Content
45,598,353
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,853,260 46,007,821 46,420,452
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)    
23 Total liabilities (add lines 17 through 22)......... 0 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 26,853,260 46,007,821
29 Total net assets or fund balances (see instructions)..... 26,853,260 46,007,821
30 Total liabilities and net assets/fund balances (see instructions). 26,853,260 46,007,821
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
26,853,260
2
Enter amount from Part I, line 27a .....................
2
19,154,560
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1
4
Add lines 1, 2, and 3 ..........................
4
46,007,821
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
46,007,821
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 HASLAM FOUNDATIONS PARTNERSHIP P    
b HASLAM FOUNDATIONS PARTNERSHIP P    
c
d
e
(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     121 -121
b     2,284 -2,284
c
d
e
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       -121
b       -2,284
c
d
e
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 -2,405
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 18,483
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 18,483
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 18,483
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 810
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 34,300
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,110
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 16,627
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow16,627 Refundedright arrow 11 0
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. ...............................
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 arrowN/A
14
The books are in care ofright arrowHF CAPITAL Telephone no.right arrow (865) 500-4327

Located atright arrowPO BOX 1831KNOXVILLETN ZIP+4right arrow37901
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)
 
No
(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
 
 
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
ANN HASLAM BAILEY PRESIDENT & DIRECTOR
0.00 		0 0 0
806 SCENIC DRIVE
KNOXVILLE,TN37919
STEPHEN W BAILEY VICE PRESIDENT & DIRECTOR
0.00 		0 0 0
806 SCENIC DRIVE
KNOXVILLE,TN37919
J TODD ELLIS SECRETARY, TREASURER & DIR
0.00 		0 0 0
8880 CEDAR SPRINGS LANE STE 105
KNOXVILLE,TN37923
WHITFIELD BAILEY DIRECTOR
0.00 		0 0 0
806 SCENIC 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
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
NONE
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 NO DIRECT CHARITABLE ACTIVITIES DURING THE CURRENT TAX YEAR. 0
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 NO PROGRAM RELATED INVESTMENTS DURING THE CURRENT TAX YEAR. 0
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
26,910,981
b
Average of monthly cash balances.......................
1b
291,189
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
27,202,170
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
27,202,170
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
408,033
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
26,794,137
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,339,707
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
1,339,707
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
18,483
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
18,483
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,321,224
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,321,224
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
1,321,224
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
1,472,817
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
1,472,817
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 1,321,224
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...... 322,423
b From 2020...... 339,182
c From 2021...... 308,471
d From 2022...... 284,604
e From 2023...... 232,925
f Total of lines 3a through e ........ 1,487,605
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,472,817
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..... 1,321,224
e Remaining amount distributed out of corpus 151,593
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 1,639,198
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) ... 		322,423
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,316,775
10 Analysis of line 9:
a Excess from 2020.... 339,182
b Excess from 2021.... 308,471
c Excess from 2022.... 284,604
d Excess from 2023.... 232,925
e Excess from 2024.... 151,593
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).)
ANN HASLAM BAILEY
STEPHEN W BAILEY
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:
J TODD ELLIS CO STEINER ELLIS PLLC
PO BOX 52206
KNOXVILLE,TN37950
(865) 212-3800
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN REQUEST STATING AMOUNT AND PURPOSE OF REQUEST, MOST RECENT AUDITED FINANCIAL STATEMENTS, AND COPY OF TAX EXEMPT RULING
cAny submission deadlines:
MAY 31, NOVEMBER 30
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ONLY TO 501(C)(3) ORGANIZATIONS; PREFERENCE GIVEN TO ORGANIZATIONS IN THE EAST TENNESSEE AREA.
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

AFRICAN WOMEN RISING

801 COLD SPRINGS RD
SANTA BARBARA,CA931081016 		N/A 501(C)(3) 509(A)(1) WE EMPOWER WOMEN AFTER WAR BY PROVIDING SELF-SUSTAINING SOLUTIONS THAT GIVE HOPE AND CHANGE LIVES. 2,500

AH HAA SCHOOL FOR THE ARTS

PO BOX 1590 300 S TOWNSEND ST
TELLURIDE,CO81435 		N/A 501(C)(3) 509(A)(1) THE AH HAA SCHOOL FOR THE ARTS IS A COMMUNITY CENTER OF LEARNING AND CULTURE THAT OFFERS A WIDE VARIETY OF PROGRAMS AND INSPIRES INDIVIDUALS OF ALL AGES TO EXPLORE, DEVELOP AND CELEBRATE THEIR CREATIVITY. 2,500

AMERICAN HEART ASSOCIATION

7272 GREENVILLE AVENUE
DALLAS,TX75231 		N/A 501(C)(3) 509(A)(1) THE AMERICAN HEART ASSOCIATIONS MISSION IS TO BE A RELENTLESS FORCE FOR A WORLD OF LONGER, HEALTHIER LIVES. THE ORGANIZATIONS GOAL IS: EVERY PERSON DESERVES THE OPPORTUNITY FOR A FULL, HEALTHY LIFE. 10,000

ARTS & CULTURE ALLIANCE

PO BOX 2506
KNOXVILLE,TN37901 		N/A 501(C)(3) 509(A)(1) THE ARTS & CULTURE ALLIANCE OF GREATER KNOXVILLE SERVES AND SUPPORTS A DIVERSE COMMUNITY OF ARTISTS, ARTS ORGANIZATIONS, AND CULTURAL INSTITUTIONS. 45,000

BIG EARS FESTIVAL

900 S GAY ST STE 1601
KNOXVILLE,TN37902 		N/A 501(C)(3) 509(A)(2) THE MISSION OF BIG EARS IS 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. 75,000

BOULDER VALLEY WOMEN'S HEALTH CENTER INC

2855 VALMONT RD
BOULDER,CO80301 		N/A 501(C)(3) 509(A)(1) OUR MISSION IS TO TRANSFORM THE LANDSCAPE OF SEXUAL AND REPRODUCTIVE HEALTH BY DELIVERING COMPASSIONATE SERVICES THAT ENCOMPASS THE FULL SPECTRUM OF A PERSONS NEEDS. 22,500

BOY SCOUTS OF AMERICA TRUST

PO BOX 51885
KNOXVILLE,TN37950 		N/A 501(C)(3) 509(A)(1) THE MISSION OF THE BOY SCOUTS OF AMERICA IS TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL CHOICES OVER THEIR LIFETIME BY INSTILLING IN THEM THE VALUES OF THE SCOUT OATH AND LAW. 30,000

CHEROKEE COUNTRY CLUB FOUNDATION

5138 LYONS VIEW PIKE
KNOXVILLE,TN37919 		N/A 501(C)(3) 509(A)(1) TO SUPPORT INDIVIDUALS AND CHARITABLE ORGANIZATIONS IN EAST TENNESSEE BY PROVIDING EDUCATIONAL AND FINANCIAL ASSISTANCE THROUGH THE GENEROSITY OF OUR DONORS. 5,000

CHURCH OF THE ASCENSION

800 S NORTHSHORE DR
KNOXVILLE,TN37919 		N/A 501(C)(3) 509(A)(1) TO SUPPORT CHURCH OPERATIONS AND MINISTRIES. 2,500

DEFENDERS OF WILDLIFE

1130 17TH ST NW
WASHINGTON,DC200364604 		N/A 501(C)(3) 509(A)(2) DEFENDERS OF WILDLIFE IS A NATIONAL, NON-PROFIT MEMBERSHIP ORGANIZATION DEDICATED TO THE PROTECTION OF ALL NATIVE WILD ANIMALS AND PLANTS IN THEIR NATURAL COMMUNITIES. 14,500

DENVER URBAN GARDENS

1031 33RD STREET 100
DENVER,CO80205 		N/A 501(C)(3) 509(A)(1) DUGS MISSION IS TO PROVIDE THE ACCESS, SKILLS, AND RESOURCES FOR PEOPLE TO GROW HEALTHY FOOD IN COMMUNITY AND REGENERATE URBAN GREEN SPACES 5,000

EMERALD YOUTH FOUNDATION

1014 HEISKELL AVE
KNOXVILLE,TN379211932 		N/A 501(C)(3) 509(A)(1) TO RAISE UP A LARGE NUMBER OF URBAN YOUTH TO LOVE JESUS CHRIST AND BECOME EFFECTIVE LEADERS WHO HELP RENEW THEIR COMMUNITIES 10,000

FARM SANCTUARY

3100 AIKENS RD
WATKINS GLEN,NY148919764 		N/A 501(C)(3) 509(A)(1) FARM SANCTUARY PURSUES BOLD SOLUTIONS TO END ANIMAL AGRICULTURE AND FOSTER JUST AND COMPASSIONATE VEGAN LIVING. WE ENVISION A WORLD WHERE SANCTUARY REPLACES EXPLOITATION. 20,000

HOLLINS UNIVERSITY

7916 WILLIAMSON RD BOX 9658
ROANOKE,VA24020 		N/A 501(C)(3) 509(A)(1) HOLLINS UNIVERSITY IS AN INDEPENDENT LIBERAL ARTS UNIVERSITY DEDICATED TO ACADEMIC EXCELLENCE AND HUMANE VALUES. 10,000

KID SMART

2533 COLUMBUS ST SUITE 201
NEW ORLEANS,LA70119 		N/A 501(C)(3) 509(A)(2) TO ENGAGE CHILDREN IN DYNAMIC, CREATIVE AND RIGOROUS LEARNING THROUGH THE ARTS. 15,000

KNOX YOUTH SPORTS INC

5908 LYONS VIEW PIKE
KNOXVILLE,TN37919 		N/A 501(C)(3) 509(A)(2) KNOX YOUTH SPORTS ORGANIZES AND OPERATES BASEBALL, SOFTBALL, BASKETBALL, FLAG FOOTBALL, AND LACROSSE LEAGUES FOR MORE THAN 2,500 CHILDREN AGES 4-12 EACH YEAR. IN ADDITION, THE ENTITY PROVIDES THESE SAME ACTIVITIES (PLUS GOLF AND SOCCER) TO MENTALLY AND PHYSICALLY DISABLED YOUTHS FROM INNER-CITY NEIGHBORHOODS AT NO CHARGE. 10,000

KNOXVILLE MUSEUM OF ART

1050 WORLDS FAIR PARK DR
KNOXVILLE,TN37916 		N/A 501(C)(3) 509(A)(2) THE PURPOSE OF THE KNOXVILLE MUSEUM OF ART IS TO SUPPORT AND PROMOTE PUBLIC INTEREST, AWARENESS, KNOWLEDGE AND EDUCATION IN THE VISUAL ARTS IN EAST TENNESSEE. TO THIS END, THE CORPORATION SHALL, AMONG OTHER THINGS, DEVELOP PERMANENT COLLECTION OF ORIGINAL WORKS OF ART AND PRESENT TEMPORARY EXHIBITIONS OF THE HIGHEST ARTISTIC MERIT. 186,797

KNOXVILLE OPERA COMPANY

612 E DEPOT AVE
KNOXVILLE,TN37917 		  501(C)(3) 509(A)(1) TO PROVIDE THE RESIDENTS OF EAST TENNESSEE WITH THE HIGHEST QUALITY, LOCALLY-PRODUCED OPERA POSSIBLE. TO CONTRIBUTE TO THE FUTURE OF THE OPERATIC ART FORM BY EDUCATING THE COMMUNITY ABOUT OPERA AND ITS ROLE IN OUR CULTURE AND PRESENTING NEW WORKS WHEN POSSIBLE. TO EXPAND AUDIENCES FOR OPERA IN THE REGION. TO ENCOURAGE THE DEVELOPMENT OF OPERATIC TALENT IN THIS COMMUNITY, AND FOSTER ITS EXPOSURE TO THE GREATER OPERA AUDIENCE. 10,000

KNOXVILLE ZOOLOGICAL GARDENS INC

3500 KNOXVILLE ZOO DR
KNOXVILLE,TN379144416 		N/A 501(C)(3) 509(A)(2) ZOO KNOXVILLE'S MISSION IS TO DELIVER DYNAMIC GUEST EXPERIENCES WHILE INSPIRING ACTION TO SAVE WILDLIFE AND WILD PLACES. 123,800

LAKESHORE PARK

PO BOX 10244
KNOXVILLE,TN37939 		N/A 501(C)(3) 509(A)(1) PLANNING, DEVELOPMENT AND CONSTRUCTION OF A GENERAL RECREATION PUBLIC PARK ON BEHALF OF THE CITY OF KNOXVILLE IN ACCORDANCE WITH THE CORPORATION'S COMMUNITY OBJECTIVE OF PROVIDING PUBLIC RECREATION OPPORTUNITIES AND FACILITIES. 200,000

METRO DRUG COALITION

4930 LYONS VIEW PIKE
KNOXVILLE,TN37919 		N/A 501(C)(3) 509(A)(2) OUR MISSION IS TO IMPROVE THE HEALTH OF THE GREATER KNOXVILLE COMMUNITY BY REDUCING THE USE OF ALCOHOL AND DRUGS THROUGH POLICY, SYSTEMS AND ENVIRONMENTCHANGE. OUR VISION IS A HEALTHY AND SAFE COMMUNITY, FREE OF SUBSTANCE MISUSE. 30,000

NEW ORLEANS AIRLIFT

4557 N RAMPART ST
NEW ORLEANS,LA70117 		N/A 501(C)(3) 509(A)(1) ARTISTIC, CULTURAL, EDUCATIONAL AND CHARITABLE PURPOSES, INCLUDING AN ARTIST-DRIVEN INITIATIVE THAT COLLABORATES TO INSPIRE WOUNDER, CONNECT COMMUNITIES AND FOSTEROPPORTUNITIES THROUGH ARTS EDUCATION AND THE CREATION OF PUBLIC ARTWORKS. 20,000

NINOS DEL SOL PERU INC

C/O L BO 842 POTOMAC DRIVE WEST
MELBOURNE,FL32904 		N/A 501(C)(3) 509(A)(1) WE ARE EMPOWERING A GROUP OF PERUVIAN YOUTHS WHO HAVE BEEN ORPHANED OR ABANDONED TO BREAK THE CYCLE OF POVERTY IN THEIR FAMILIES FOREVER BY PROVIDING THEM WITH A SUPPORTIVE HOME AND THEOPPORTUNITY TO PURSUE HIGHER EDUCATION. 10,000

OHR-O'KEEFE MUSEUM OF ART INC

PO BOX 248
BILOXI,MS39533 		N/A 501(C)(3) 509(A)(1) THE OHR-OKEEFE MUSEUM OF ARTS MISSION IS TO PROMOTE AND PRESERVE THE UNIQUE LEGACY OF BILOXI POTTER GEORGE E. OHR AND THE DIVERSE CULTURAL HERITAGE OF THEMISSISSIPPI GULF COAST; AND TO EXHIBIT WORKS WHICH EXEMPLIFY THE INDEPENDENT, INNOVATIVE, AND CREATIVE SPIRIT OF GEORGE OHR, EMANCIPATED CRAFTSMAN PLEASANTREED, AND OHR-OKEEFE MUSEUM ARCHITECT FRANK GEHRY. THIS MISSION IS SERVED THROUGH COMPELLING EXHIBITIONS AND EDUCATIONAL EXPERIENCES VIEWED FROM A FRESHPERSPECTIVE RELEVANT TO OUR COMMUNITY, THE REGION, AND THE NATION WITH A STRONG FOCUS ON CERAMIC ARTS. 15,000

PABLOVE FOUNDATION

7119 W SUNSET BLVD 993
LOS ANGELES,CA900464411 		N/A 501(C)(3) 509(A)(1) THE MISSION OF THE PABLOVE FOUNDATION IS TO INVEST IN UNDERFUNDED, CUTTING-EDGE PEDIATRIC CANCER RESEARCH, AND IMPROVE THE LIVES OF CHILDREN LIVING WITH CANCER THROUGH THE ARTS. WE HELP KIDSWITH CANCER LIVE A LOVE-FILLED LIFE TODAY, AND A CANCER-FREE LIFE TOMORROW. 25,000

PARKWEST MEDICAL CENTER

1420 CENTERPOINT BLVD BLDG C
KNOXVILLE,TN37932 		N/A 501(C)(3) 509(A)(1) PARKWEST MEDICAL CENTER PROVIDES QUALITY HEALTHCARE, IN ALIGNMENT WITH COVENANT HEALTH'S MISSION TO SERVE THE COMMUNITY BY IMPROVING THE QUALITY OF LIFE THROUGHBETTER HEALTH, REGARDLESS OF THE PATIENT'S ABILITY TO PAY. 5,000

SHERIDAN ARTS FOUNDATION

PO BOX 2680
TELLURIDE,CO81435 		N/A 501(C)(3) 509(A)(1) RESTORE AND PRESERVE THE HISTORIC SHERIDAN OPERA HOUSE AS AN ARTS AND CULTURAL RESOURCE FOR THE TELLURIDE COMMUNITY; BRING QUALITY ARTS AND CULTURAL EVENTS TO TELLURIDE; PROVIDE LOCAL AND NATIONAL YOUTH WITH ACCESS AND EXPOSURE TO THE ARTS THROUGH EDUCATION 2,500

SJOGREN'S FOUNDATION

10701 PARKRIDGE BLVD SUITE 170
RESTON,VA20191 		N/A 501(C)(3) 509(A)(1) THE FOUNDATION'S MISSION IS TO: - SUPPORT SJGRENS PATIENTS AND THEIR LOVED ONES THROUGH EDUCATION, RESOURCES AND SERVICES - PROVIDE CREDIBLE RESOURCES ANDEDUCATION FOR HEALTHCARE PROFESSIONALS - SERVE AS THE VOICE FOR ALL SJGRENS PATIENTS THROUGH ADVOCACY AND AWARENESS INITIATIVES - LEAD, ENCOURAGE AND FUNDINNOVATIVE RESEARCH PROJECTS TO BETTER UNDERSTAND, DIAGNOSE AND TREAT SJGRENS 4,450

SON OF A SAINT

2803 ST PHILIP STREET
NEW ORLEANS,LA70119 		N/A 501(C)(3) 509(A)(1) SON OF A SAINT EXISTS TO ENHANCE THE LIVES OF FATHERLESS BOYS THROUGH MENTORSHIP, EMOTIONAL SUPPORT, DEVELOPMENT OF LIFE SKILLS, EXPOSURE TO CONSTRUCTIVE EXPERIENCES AND FORMATION OF POSITIVE,LASTING PEER-TO- PEER RELATIONSHIPS. WE SERVE THE NEW ORLEANS METRO AREA. 15,000

ST JOHN'S CATHEDRAL

413 CUMBERLAND AVE
KNOXVILLE,TN37902 		N/A 501(C)(3) 509(A)(1) ST. JOHNS CATHEDRAL SHARES AND SPREADS LOVE AS EXEMPLIFIED BY JESUS CHRIST. WERE A PEOPLE FIRST COMMUNITY, BUILDING RELATIONSHIPS OF TRUST AND AUTHENTICITY. 7,250

SUSTAINABLE HARVEST INTERNATIONAL

6218 GEORGIA AVE NW SUITE 1 BOX
3021
WASHINGTON,DC20011 		N/A 501(C)(3) 509(A)(1) WORKING TOGETHER TO CREATE A JUST AND SUSTAINABLE WORLD THROUGH TRANSFORMATIVE FARMER TRAINING THAT NOURISHES COMMUNITIES AND THE EARTH. 5,000

THE HOPE WELL FOUNDATION

4421 GARDEN DR
KNOXVILLE,TN37918 		N/A 501(C)(3) 509(A)(2) OUR MISSION IS TO PROVIDE FINANCIAL ASSISTANCE FOR THOSE NEEDING DETOXIFICATIONS FROM SUBSTANCES THAT HAVE CREATED CHAOS IN NOT ONLY THEIR LIVES, BUT IN THE LIVES OFTHEIR LOVED ONES AS WELL. OUR GOAL IS TO OFFER SPIRITUAL, MENTAL, EMOTIONAL, PHYSICAL, FINANCIAL, EMPLOYMENT AND RECOVERY SUPPORT SERVICES TO INDIVIDUALS WHO HAVEBEEN AFFECTED BY SUBSTANCE USE, ABUSE, MISUSE, AND DISORDERS. OUR VISION IS TO OFFER SUBSTANCE ABUSE PREVENTION EDUCATION TO INDIVIDUALS, BUSINESSES, FAMILIES,CHURCHES, AND NON-PROFIT AGENCIES WITHIN THE COMMUNITY. 5,000

THE PELLISSIPPI STATE FOUNDATION

PO BOX 22990
KNOXVILLE,TN37933 		N/A 501(C)(3) 509(A)(1) THE PELLISSIPPI STATE FOUNDATION EXISTS TO DEVELOP FRIENDS AND FUNDS FOR SUPPORT OF THE EDUCATIONAL, CULTURAL, AND SERVICE GOALS OF PELLISSIPPI STATE COMMUNITYCOLLEGE. THE PELLISSIPPI FOUNDATION ASSISTS THE ENTIRE COLLEGE IN PROMOTING EXCELLENCE BY SECURING FINANCIAL SUPPORT FOR SPECIAL EDUCATIONAL AND CULTURAL ACTIVITIESTHAT ARE IN ADDITION TO THE ONGOING OPERATIONAL EXPENSES FOR THE COLLEGE. 5,000

TULANE UNIVERSITY

6823 ST CHARLES AVENUE
NEW ORLEANS,LA70118 		N/A 501(C)(3) 509(A)(1) TULANE'S PURPOSE IS TO CREATE, COMMUNICATE, AND CONSERVE KNOWLEDGE IN ORDER TO ENRICH THE CAPACITY OF INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES TO THINK, TOLEARN, AND TO ACT AND LEAD WITH INTEGRITY AND WISDOM. TULANE PURSUES THIS MISSION BY CULTIVATING AN ENVIRONMENT THAT FOCUSES ON LEARNING AND THE GENERATION OFNEW KNOWLEDGE; BY EXPECTING AND REWARDING TEACHING AND RESEARCH OF EXTRAORDINARILY HIGH QUALITY AND IMPACT; AND BY FOSTERING COMMUNITY-BUILDING INITIATIVES ASWELL AS SCIENTIFIC, CULTURAL AND SOCIAL UNDERSTANDING THAT INTEGRATE WITH AND STRENGTHEN LEARNING AND RESEARCH. THIS MISSION IS PURSUED IN THE CONTEXT OF THE UNIQUEQUALITIES OF OUR LOCATION IN NEW ORLEANS AND OUR CONTINUAL ASPIRATION TO BE A TRULY DISTINCTIVE INTERNATIONAL UNIVERSITY. 5,000

UNIVERSITY OF THE SOUTH

735 UNIVERSITY AVE
SEWANEE,TN373831000 		N/A 501(C)(3) 509(A)(1) THE UNIVERSITY OF THE SOUTH IS AN INSTITUTION OF THE EPISCOPAL CHURCH DEDICATED TO THE PURSUIT OF KNOWLEDGE, UNDERSTANDING, AND WISDOM IN CLOSE COMMUNITY AND INFULL FREEDOM OF INQUIRY, AND ENLIGHTENED BY CHRISTIAN FAITH IN THE ANGLICAN TRADITION, WELCOMING INDIVIDUALS FROM ALL BACKGROUNDS, TO THE END THAT STUDENTS BEPREPARED TO SEARCH FOR TRUTH, SEEK JUSTICE, PRESERVE LIBERTY UNDER LAW, AND SERVE GOD AND HUMANITY. 5,000

WEBB SCHOOL OF KNOXVILLE

9800 WEBB SCHOOL LN
KNOXVILLE,TN37923 		N/A 501(C)(3) 509(A)(1) WE ARE A PRIVATE EDUCATIONAL FACILITY PROVIDING EDUCATIONAL SERVICES FOR GRADES PRE-K THROUGH 12TH GRADE. 496,000

WOMEN'S FOUNDATION OF COLORADO

1901 E ASHBURY AVE
DENVER,CO80208 		N/A 501(C)(3) 509(A)(1) CATALYZING COMMUNITY TO ADVANCE AND ACCELERATE ECONOMIC OPPORTUNITIES FOR COLORADO WOMEN AND THEIR FAMILIES 10,000

YOUNG-WILLIAMS ANIMAL CENTER OF EAST TN

3201 DIVISION STREET
KNOXVILLE,TN37919 		N/A 501(C)(3) 509(A)(1) THE MISSION OF YOUNG-WILLIAMS ANIMAL CENTER OF EAST TENNESSEE IS TO LEAD THE COMMUNITY TO END PET HOMELESSNESS, PROMOTE ANIMAL WELFARE, AND ENHANCE THE HUMAN-ANIMAL BOND. 7,500
Total .................................right arrow 3a 1,472,797
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 .... 523000 2 14 1,342,021  
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 ............ 		523000 1 18 -2,405  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INVESTMENT 		523000 40 14 -3  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 43 1,339,613 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,339,656
(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


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Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
AHB FOUNDATION INC
C/O STEINER & ELLIS PLLC
Employer identification number

62-1867424
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
AHB FOUNDATION INC
C/O STEINER & ELLIS PLLC 		Employer identification number
62-1867424
Part I
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
ANN HASLAM BAILEY
806 SCENIC DRIVE
 
KNOXVILLE, TN37919

$ 19,300,000


(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.)
(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.)
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
AHB FOUNDATION INC
C/O STEINER & ELLIS PLLC 		Employer identification number

62-1867424
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
 
$    
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
AHB FOUNDATION INC
C/O STEINER & ELLIS PLLC 		Employer identification number

62-1867424
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
AHB FOUNDATION INC
 
C/O STEINER & ELLIS PLLC
EIN:
62-1867424
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 6,150 6,150   0

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
AHB FOUNDATION INC
 
C/O STEINER & ELLIS PLLC
EIN:
62-1867424
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
HASLAM FOUNDATIONS PARTNERSHIP   PURCHASED     1   COST 0 1  

TY 2024 OtherAssetsSchedule
Name:
AHB FOUNDATION INC
 
C/O STEINER & ELLIS PLLC
EIN:
62-1867424
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
HASLAM FOUNDATIONS PARTNERSHIP 1,799,975 1,842,407 2,225,018
NORTHERN TRUST 25,013,951 35,100 35,100
HF FOUNDATION POOL LLC 0 43,308,215 43,338,235


TY 2024 OtherExpensesSchedule
Name:
AHB FOUNDATION INC
 
C/O STEINER & ELLIS PLLC
EIN:
62-1867424
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LICENSES 20 0   20
NONDEDUCTIBLE EXPENSES 1 0   0
OTHER DEDUCTIONS 0 -2   0
INVESTMENT EXPENSES 5,216 5,216   0


TY 2024 OtherIncomeSchedule2
Name:
AHB FOUNDATION INC
 
C/O STEINER & ELLIS PLLC
EIN:
62-1867424
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT 37 -3 37


TY 2024 OtherIncreasesSchedule
Name:
AHB FOUNDATION INC
 
C/O STEINER & ELLIS PLLC
EIN:
62-1867424
Description Amount
ROUNDING ADJUSTMENT 1


TY 2024 TaxesSchedule
Name:
AHB FOUNDATION INC
 
C/O STEINER & ELLIS PLLC
EIN:
62-1867424
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN 2 2   0
EXCISE TAX ON INVESTMENT INCOME 10 10   0