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
TENNESSEE HEALTH FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1 CAMERON HILL CIRCLE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHATTANOOGA, TN37402
A Employer identification number

20-0298456
B Telephone number (see instructions)

(423) 535-6746
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$281,754,063J 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 321,365 2,324,396  
4 Dividends and interest from securities... 1,396,687 3,865,860  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 36,805,010
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 18,353,794
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
6,064 1,346,360  
12 Total. Add lines 1 through 11........ 38,529,126 25,890,410  
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
90,700 13,605   77,095
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
748,631 748,631   0
17 Interest...............   555,185    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,676 192,273   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
8,280,954 1,682,090   8,280,954
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 9,131,961 3,191,784   8,358,049
25 Contributions, gifts, grants paid....... 3,794,437 3,794,437
26 Total expenses and disbursements. Add lines 24 and 25 12,926,398 3,191,784   12,152,486
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 25,602,728
b Net investment income (if negative, enter -0-) 22,698,626
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............. 65,197 121,573 121,573
2 Savings and temporary cash investments......... 9,242,466 6,142,387 6,142,387
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)....... 164,769,716 Click to see attachment
List of Attached Documents:
// Content
180,415,169 		180,415,169
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).......... 84,471,889 Click to see attachment
List of Attached Documents:
// Content
94,726,946 		94,726,946
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
148,523 		Click to see attachment
List of Attached Documents:
// Content
347,988 		Click to see attachment
List of Attached Documents:
// Content
347,988
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 258,697,791 281,754,063 281,754,063
Liabilities 17 Accounts payable and accrued expenses.......... 336,788 139,393
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
102,340 		Click to see attachment
List of Attached Documents:
// Content
2,500,000
23 Total liabilities (add lines 17 through 22)......... 439,128 2,639,393
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........... 258,258,663 279,114,670
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 258,258,663 279,114,670
30 Total liabilities and net assets/fund balances (see instructions). 258,697,791 281,754,063
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
258,258,663
2
Enter amount from Part I, line 27a .....................
2
25,602,728
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
283,861,392
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
4,746,722
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
279,114,670
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 SILCHESTER LT CAPITAL GAINS P    
b SILCHESTER LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
c SILCHESTER ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
d OTHER MARKETABLE SECURITIES P    
e DAWSON II LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
DAWSON II ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
DAWSON IV LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
DAWSON IV ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
DAWSON V LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
DAWSON V ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
DAWSON VI LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
DAWSON VI ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
EAGLE POINT LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
EAGLE POINT ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
EAGLE POINT II LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
EAGLE POINT II ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
H.I.G. MIDDLE MARKET III LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
H.I.G. MIDDLE MARKET III AIV I, L.P LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
IRM LT CAPITAL GAINS P    
IRM LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
IRM ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY IV LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY IV ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY V LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY V ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
NEWBURY VI LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
TA XIII-B LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
TA XIII-B ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
TA XIV-B LT CAPITAL GAINS BOOK - TAX DIFFERENCE P    
TA XIV-B ST CAPITAL GAINS BOOK - TAX DIFFERENCE P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       23,394,642
b       -21,368,340
c       54,806
d       13,253,219
e       3,694
      1,329
      208,792
      10,202
      149,858
      229
      154,127
      5,125
      -25
      -926
      -19
      -82,826
      187,280
      313,337
      157,149
      -274,888
      -6,143
      406,143
      7,237
      238,757
      4,103
      -2,691
      1,446,632
      23,450
      41,725
      27,816
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       23,394,642
b       -21,368,340
c       54,806
d       13,253,219
e       3,694
      1,329
      208,792
      10,202
      149,858
      229
      154,127
      5,125
      -25
      -926
      -19
      -82,826
      187,280
      313,337
      157,149
      -274,888
      -6,143
      406,143
      7,237
      238,757
      4,103
      -2,691
      1,446,632
      23,450
      41,725
      27,816
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 18,353,794
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) 1 315,511
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........................... 3 315,511
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- ..... 5 315,511
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 319,301
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.............. 7 319,301
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 3,790
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow3,790 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 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 arrowSEE STATEMENT FOR PART XV
14
The books are in care ofright arrowDANIEL GREGORY Telephone no.right arrow (423) 535-8224

Located atright arrow1 CAMERON HILL CIRCLECHATTANOOGATN ZIP+4right arrow37402
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
CHELSEA JOHNSON DIRECTOR
20.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
JD HICKEY PRESIDENT & CEO, BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
JILL LANGSTON SECRETARY
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
JAMES HOBBS ASSISTANT SECRETARY
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
AMY ANDREWS TREASURER/CRO
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
MANDY SAVAGE ASSISTANT TREASURER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
DAVID CRISWELL CFO
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
DALYA QUALLS WHITE EXECUTIVE DIRECTOR
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
DANIEL GREGORY CONTROLLER & CAO
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
EMILY J REYNOLDS CHAIRPERSON
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
BRUCE A BOSSE VICE CHAIRPERSON
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
CALVIN L ANDERSON BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
MICHAEL D BROOKSHIRE BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
MILES A BURDINE BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
REGINALD W COOPWOOD BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
DECOSTA E JENKINS BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
JACK B MCCALLIE BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
JOHNNY B MOORE JR BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
LOTTIE F RYANS BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
MARTHA S WALLEN BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
JAMIE R WOODSON BOARD MEMBER
1.00 		0 0 0
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
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 THE BLUECROSS BLUESHIELD OF TENNESSEE HEALTH FOUNDATION INVESTMENT FOCUS IN 2024 IS THE BLUECROSS HEALTHY PLACE SIGNATURE PROGRAM. THE PROGRAM REQUESTS PROPOSALS FROM COMMUNITIES OF ALL SIZES THROUGHOUT TENNESSEE FOR COMMUNITY PROJECTS THAT WILL BRING CONNECTION AND OPPORTUNITIES FOR ACTIVITY TO THEIR TOWN, COMMUNITY, CITY, ETC. THIS PROGRAM IS ALLOCATED APPROXIMATELY $9.7M RESULTING IN THIS TRULY BEING A SIGNATURE PROGRAM SUPPORT WITH FUNDS AND RESOURCES. 9,700,000
2 OTHER FUNDS ARE DISTRIBUTED THROUGHOUT THE YEAR/STATE FOR GRANTS SUPPORTING EVENTS OF COMMUNITY NON-PROFITS FOCUSED ON EDUCATION, DIVERSITY AND INCLUSION EFFORTS, DISEASE MANAGEMENT AND CHARITABLE CARE/CLINICS (APPROXIMATELY $2.4M). 2,400,000
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
269,313,999
b
Average of monthly cash balances.......................
1b
5,887,918
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
275,201,917
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
275,201,917
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,128,029
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
271,073,888
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
13,553,694
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
13,553,694
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
315,511
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
115,571
c
Add lines 2a and 2b............................
2c
431,082
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
13,122,612
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
13,122,612
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
13,122,612
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
12,152,486
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
12,152,486
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 13,122,612
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......  
b From 2020......  
c From 2021...... 866,878
d From 2022...... 1,289,672
e From 2023...... 1,047,728
f Total of lines 3a through e ........ 3,204,278
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 12,152,486
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..... 12,152,486
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 970,126 970,126
(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 2,234,152
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,234,152
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 1,186,424
d Excess from 2023.... 1,047,728
e Excess from 2024....  
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).)
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:
CHELSEA JOHNSON
1 CAMERON HILL CIRCLE
CHATTANOOGA,TN37402
(423) 535-1897
bThe form in which applications should be submitted and information and materials they should include:
WWW.BCBST.COM/ABOUT/IN-THE-COMMUNITY/HEALTHY-PLACES/FUNDING-CRITERIA
cAny submission deadlines:
MAY, NOVEMBER FOR COMMUNITY TRUST FUNDING AND AUGUST FOR HEALTHY PLACE FUNDING
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
WWW.BCBST.COM/ABOUT/IN-THE-COMMUNITY/HEALTHY-PLACES/FUNDING-CRITERIA
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

AMERICAN RED CROSS

2201 CHARLOTTE AVE
NASHVILLE,TN37203 		  PC 2024 BOSSE MATCH 52,000

ANDREW JACKSON'S HERMITAGE

4580 RACHELS LANE
HERMITAGE,TN37076 		  PC 2024 REYNOLDS MATCH 2,000

BALLAD HEALTH FOUNDATION

1019 W OAKLAND AVE SUITE 2
JOHNSON CITY,TN37604 		  PC 2024 HICKEY MATCH 110,000

BELMONT UNIVERSITY

1900 BELMONT BLVD
NASHVILLE,TN37212 		  PC 2024 REYNOLDS MATCH 30,000

BIG BROTHERS BIG SISTERS OF CHATT

2015 BAILEY AVENUE
CHATTANOOGA,TN37404 		  PC LEADERSHIP BOARD 1:1 MATCH, 2024 MCGHEE 1,000

BOULE FOUNDATION (INACTIVE)

260 PEACHTREE STREET NW
ATLANTA,GA30309 		  PC MOORE MATCH 2024 3,000

BOYS & GIRLS AMERICA

1275 PEACHTREE ST NE
ATLANTA,GA30309 		  PC BOYS & GIRLS CLUBS OF AMERICA YOUTH MENTAL HEALTH PARTNERSHIP 62,500

BOYS AND GIRLS CLUB OF CHATTANOOGA

1307 EAST MAIN STREET
CHATTANOOGA,TN37404 		  PC 2024 CULVER BOYS AND GIRLS MATCH 1,000

BOYS AND GIRLS CLUB OF MIDDLE TN INC

1704 CHARLOTTE AVE SUITE 200
NASHVILLE,TN37203 		  PC 2024 MOORE MATCH 5,000

CHATTANOOGA AREA FOOD BANK

2009 CURTAIN POLE ROAD
CHATTANOOGA,TN37406 		  PC BOARD LEADERSHIP 1:1 MATCH FOR M. SAUCEMAN 1,000

CHATTANOOGA CHAMBER FOUNDATION

811 BROAD STREET STE 100
CHATTANOOGA,TN37402 		  PC 2024 CHA FUTURE FUND 1,000,000

CHATTANOOGA FOOD CENTER

1726 ICHABOD LANE
CHATTANOOGA,TN37405 		  PC TEAMBLUE GIVES DONATION 500

CHATTANOOGA HAMILTON COUNTY PUBLIC EDUCATION FUND

1651 S HOLTZCLAW AVE SUITE 201
CHATTANOOGA,TN37404 		  PC 2024 HICKEY MATCH 110,000

CHEROKEE COUNTRY CLUB FOUNDATION

5138 LYONS VIEW PIKE
KNOXVILLE,TN37919 		  PC BOSSE 2024 MATCH 3,300

CHILDHELP INC

623 LINDSAY PLACE
KNOXVILLE,TN37919 		  PC TEAMBLUE GIVES 3,000

CHILDREN ADV CTR FIRST JUDICIAL DIST

107 NORTH GREENWOOD STREET
LEBANON,TN37087 		  PC 2024 DONATION DRIVE, FOUNDATION GIFT 2,500

CHILDREN ARE PEOPLE

117 EAST WINCHESTER
GALLATIN,TN37066 		  PC TBGQ2 DONATION 500

CHILDREN'S ADVOCACY CENTER

5705 UPTAIN RD
CHATTANOOGA,TN37411 		  PC 2024 DONATION DRIVE, FOUNDATION GIFT 2,500

CHURCH HEALTH CENTER OF MEMPHIS INC

1350 CONCOURSE AVE STE 142
MEMPHIS,TN38104 		  PC 2024 CHURCH HEALTH CENTER PRINTING GIFT 10,000

CHURCH OF THE GOOD SHEPHARD

211 FRANKLIN RD
LOOKOUT MOUNTAIN,TN37350 		  PC 2024 HICKEY MATCH 20,000

COMMUNITY FOUNDATION OF MIDDLE TN INC

3421 BELMONT BLVD
NASHVILLE,TN37215 		  PC VOICES FOR SAFER TN (#221382) 1,660,000

EAST TENNESSEE FOUNDATION

520 W SUMMIT HILL DR STE 1101
KNOXVILLE,TN37902 		  PC 2024 RYANS MATCH 12,000

EAST TENNESSEE STATE UNIVERSITY FOUNDATION

PO BOX 70721
JOHNSON CITY,TN37614 		  PC ETSU QUILLEN COLLEGE OF MEDICINE 10,000
ESHIOBOMHE SIGMUS AIMOFUMHE


1000 17TH AVENUENORTH
NASHVILLE,TN37208 		  I 2024 POW RECEIPT 10,000

FIRST TN DEV DISTRICT FOUNDATION

3211 NORTH ROAN STREET
JOHNSON CITY,TN37601 		  PC HELENE DISASTER RESPONSE 100,000

GIRL SCOUT COUNCIL OF THE SOUTHERN APPALACHIANS

1567 DOWNTOWN WEST BLVD
KNOXVILLE,TN37919 		  PC 2024 RYANS MATCH 7,000

GREATER KINGSPORT FAMILY YMCA

1840 MEADOWVIEW PKWY
KINGSPORT,TN37660 		  PC HURRICANE HELENE RESPONSE 50,000

HUNTER MUSEUM OF AMERICAN ART

10 BLUFF VIEW AVENUE
CHATTANOOGA,TN37403 		  PC 2024 HICKEY MATCH 10,000

HYKSOS FOUNDATION

4103 MIDWOODE DRIVE
CHATTANOOGA,TN37411 		  PC 2024 PARTRIDGE MATCH 2,000

ISAIAH 117 HOUSE

1705 STATE LINE ROAD
ELIZABETHTON,TN37604 		  PC TEAMBLUE GIVES Q3 WINNER 500

IVY ROSE FOUNDATION INC

PO BOX 81053
CHATTANOOGA,TN34714 		  PC PARTRIDGE 2024 MATCH 20,000

JUNIOR ACHIEVEMENT OF MEMPHIS AND THE MID-SOUTH

516 TILLMAN STREET
MEMPHIS,TN38112 		  PC 2024 ANDERSON MATCH 10,000

JUNIOR ACHIEVEMENT OF MIDDLE TN

120 POWELL PLACE
NASHVILLE,TN37204 		  PC 2024 JENKINS MATCH 10,000

LEGACY PARKS FOUNDATION

900 VOLUNTEER LANDING LANE
KNOXVILLE,TN37915 		  PC 2024 BOSSE MATCH 3,000

MEHARRY MEDICAL COLLEGE

1005 DR D B TODD JR BLVD
NASHVILLE,TN37208 		  PC 2024 POW S. IBRAHIM 10,000

MEMPHIS BROOKS MUSEUM OF ART INC

1934 POPLAR AVE
MEMPHIS,TN38104 		  PC 2024 COOPWOOD MATCH 8,000

MEMPHIS CHILD ADVOCACY CENTER

1085 POPLAR AVENUE
MEMPHIS,TN38105 		  PC 2024 HOLIDAY DONATION DRIVE 2,500

MID-SOUTH FOOD BANK

3865 S PERKINS ROAD
MEMPHIS,TN38118 		  PC 2024 FOOD DRIVE DONATION 306

MILLIGAN COLLEGE

PO BOX 750
MILLIGAN,TN37682 		  PC 2024 RYANS MATCH 3,500

NASHVILLE CHILDRENS ALLIANCE

610 MURFREESBORO PIKE
NASHVILLE,TN37210 		  PC BCBST HOLIDAY DONATION TO NCA 2,500

NATIONAL CIVIL RIGHTS MUSEUM

450 MULBERRY STREET
MEMPHIS,TN38103 		  PC JMOORE 2024 MATCH 5,000

PURE YOUTH ATHLETICS ALLIANCE

748 WILSON ROAD
MEMPHIS,TN38109 		  PC 2024 COOPWOOD MATCH 23,000

REGIONAL INTER-FAITH ASSOCIATION INC

133 AIRWAYS BLVD
JACKSON,TN38301 		  PC 2024 FOOD DRIVE 346

RHODES COLLEGE

2000 NORTH PARKWAY DEVELOPMENT
MEMPHIS,TN38112 		  PC MOORE MATCH 2024 10,000

RONALD MCDONALD HOUSE CHATTANOOGA

200 CENTRAL AVENUE
CHATTANOOGA,TN37403 		  PC HOLIDAY MEAL FOR FAMILIES--DECEMBER 2024 ADOPT A MEAL 500

SAMARITAN MINISTRIES TEMPLE

100 N ROAN STREET
JOHNSON CITY,TN37601 		  PC MATCH GIFT FOR DECOSTA JENKINS 20,000

SECOND HARVEST FOOD BANK OF EAST TN

136 HARVEST LANE
MARYVILLE,TN37801 		  PC 2024 FOOD DRIVE DONATION 600

SECOND HARVEST FOOD BANK OF MIDDLE TN

331 GREAT CIRCLE ROAD
NASHVILLE,TN37228 		  PC 2024 FOOD DRIVE. THANK YOU! 525

SECOND HARVEST FOOD BANK OF NE TN

1020 JERICHO DRIVE
KINGSPORT,TN37663 		  PC DISASTER RELIEF FUNDING 50,230

SEND RELIEF INC

4200 NORTH POINT PKWY
ALPHARETTA,GA30022 		  PC 2024 BROOKSHIRE HURRICANE MATCH 10,000

SHELBY FARMS PARK CONSERVANCY

6903 GREAT VIEW DRIVE NORTH
MEMPHIS,TN38134 		  PC 2024 ANDERSON MATCH 2,000

SLEEP IN HEAVENLY PEACE INC

669 W QUINN BUILDING 42
POCATELLO,ID83202 		  PC "COLUMBIA-TN" 500

ST JUDE CHILDREN'S RESEARCH HOSPITAL

262 DANNY THOMAS PLACE
MEMPHIS,TN38105 		  PC SUPPORT FOR OPERATIONS 500

TEAM MENTORING INC

8102 LEON BRENDA LANE
OOLTEWAH,TN37363 		  PC 2024 PARTRIDGE MATCH 2,000

TENNESSEE STATE MUSEUM FOUNDATION INC

1000 ROSA L PARKS BLVD
NASHVILLE,TN37243 		  PC 2024 REYNOLDS MATCH 2,000

TENNESSEE WESLEYAN UNIVERSITY

204 EAST COLLEGE STREET
ATHENS,TN37303 		  PC 2024 POW SCHOLAR 10,000

THE ALS ASSOCIATION TN CHAPTER

1300 WILSON BLVD
ARLINGTON,VA22209 		  PC 2024 BURDINE 2:1 MATCH 2,000

THE EXCHANGE CLUB

213 CHEYENNE DRIVE
JACKSON,TN38305 		  PC MADISON COUNTY CHRISTMAS DONATION 2,500

THE OVERTON PARK SHELL INC

1928 POPLAR AVE
MEMPHIS,TN38104 		  PC 2024 ANDERSON MATCH 2,000

THE SALVATION ARMY

150 4TH AVE N 9TH FLOOR
NASHVILLE,TN37219 		  PC SNACK BAG PURCHASE- VOLUNTEER PACKING PROJECT 550

THE TRUST FOR PUBLIC LAND

23 GEARY STREET SUITE 1000
SAN FRANCISCO,CA94108 		  PC 2024 MCCALLIE MATCH 10,000

THE UNIVERSITY OF TN AT CHATTANOOGA

615 MCCALLIE AVENUE
CHATTANOOGA,TN37403 		  PC 2024 POW SCHOLAR 10,000

THE UNIVERSITY OF TN FOUNDATION INC

1525 UNIVERSITY AVE ROOM 223
KNOXVILLE,TN37921 		  PC 2024 WOODSEN MATCH 42,000

TN ASSC OF ALCOHOL DRUG & ADDICTION

1321 MURFREESBORO ROAD
NASHVILLE,TN37217 		  PC TEAMBLUE GIVES DONATION 500

TN SCORE

1207 18TH AVE S SUITE 326
NASHVILLE,TN37212 		  PC SCORE 2024 SUPPORT 25,000

UNITED WAY OF EAST TN HIGHLANDS

1907 N ROAN STREET STE 409
JOHNSON CITY,TN37601 		  PC 2024 RYANS MATCH (HURRICANE RESPONSE) 54,080

UNITED WAY OF GREATER CHATTANOOGA

630 MARKET ST
CHATTANOOGA,TN37402 		  PC 2024 UNITED WAY CHA GIFT 50,000

UNITED WAY OF GREATER KINGSPORT INC

301 LOUIS ST STE 201
KINGSPORT,TN37660 		  PC 2024-2025 MATCHING GIFT - BURDINE 13,000

UNITED WAY OF GREATER KNOXVILLE INC

1301 HANNAH AVE
KNOXVILLE,TN37921 		  PC 2024 CORPORATE GIFT 9,000

UNITED WAY OF METROPOLITAN NASHVILLE

250 VENTURE CIR
NASHVILLE,TN37228 		  PC 2024 CORPORATE DONATION 3,500

UNITED WAY OF THE MID-SOUTH

1005 TILLMAN STREET
MEMPHIS,TN38112 		  PC 2024 MOORE MATCH 18,500

UNIVERSITY HEALTH SYSTEM INC

2121 MEDICAL CENTER WAY 200
KNOXVILLE,TN37920 		  PC 2024 WALLEN MATCH 20,000

UNIVERSITY OF CHATTANOOGA FOUNDATION

201 ALUMNI HOUSE 615 MCCALLIE AVE
CHATTANOOGA,TN37403 		  PC LEADERSHIP BOARD 1:1 MATCH, 2024 CRISWELL 20,500

UNIVERSITY OF MEMPHIS FOUNDATION

635 NORMAL ST ALUMNI CENTERY 108
MEMPHIS,TN38152 		  PC 2024 ANDERSON MATCH 3,000

UNIVERSITY OF TENNESSEE

1525 UNIVERSITY AVE
KNOXVILLE,TN37921 		  PC 2024 POW SCHOLAR 20,000
Total .................................right arrow 3a 3,794,437
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 ........... 		    14 321,365  
4 Dividends and interest from securities ....     14 1,396,687  
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 .....     14 6,064  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 36,805,010  
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 38,529,126 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
38,529,126
(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.
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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:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT & TAX SERVICE EXP 90,700 13,605   77,095

TY 2024 InvestmentsCorpStockSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Name of Stock End of Year Book Value End of Year Fair Market Value
BKM-VAN BERKOM 31,116,334 31,116,334
IR&M CORE BOND FD II 29,927,389 29,927,389
ISHARES:CORE S&P 500 90,298,214 90,298,214
GQG PARTNERS 29,073,232 29,073,232

TY 2024 InvestmentsOtherSchedule2
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DAWSON PORTFOLIO FINANCE 2, LP FMV 4,064,923 4,064,923
DAWSON PORTFOLIO FINANCE 4, LP FMV 5,898,506 5,898,506
DAWSON PORTFOLIO FINANCE 5, LP FMV 4,874,385 4,874,385
EAGLE POINT DEF INC US FMV 9,886,381 9,886,381
EAGLE POINT DEF INC FUND II LP FMV 9,604,929 9,604,929
HIG MIDDLE MARKET LBO FUND III, LP FMV 4,811,405 4,811,405
INVICTUS OPPORTUNITY FUND II, LP FMV 3,731,221 3,731,221
NEWBURY EQUITY PARTNERS IV, LP FMV 11,802,410 11,802,410
NEWBURY EQUITY PARTNERS V, LP FMV 8,229,191 8,229,191
TA ASSOCIATES FMV 12,202,590 12,202,590
TA XIV-B LP FMV 7,135,865 7,135,865
WELSH CARSON FMV 3,225,089 3,225,089
DAWSON PORTFOLIO FINANCE 6, LP FMV 5,808,240 5,808,240
NEWBURY EQUITY PARTNERS VI, LP FMV 3,451,811 3,451,811

TY 2024 OtherAssetsSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
BOND INTEREST RECEIVABLE 46,637 72,103 72,103
INTEREST SALES RECEIVABLE 101,886 838 838
EXCISE TAX RECEIVABLE 0 275,047 275,047


TY 2024 OtherDecreasesSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Description Amount
UNREALIZED LOSS 4,746,722


TY 2024 OtherExpensesSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROGRAM SUPPORT 8,280,954 0   8,280,954
OTHER DEDUCTIONS 0 1,682,090   0


TY 2024 OtherIncomeSchedule2
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM PASS THROUGH   1,340,296  
OTHER INVESTMENT INCOME 6,064 6,064 6,064


TY 2024 OtherIncreasesSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Description Amount
OTHER ADJUSTMENT 1


TY 2024 OtherLiabilitiesSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Description Beginning of Year - Book Value End of Year - Book Value
TAXES PAYABLE 102,340 0
INVESTMENT PURCHASES PAYABLE 0 2,500,000


TY 2024 OtherProfessionalFeesSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 748,631 748,631   0


TY 2024 TaxesSchedule
Name:
TENNESSEE HEALTH FOUNDATION INC
EIN:
20-0298456
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 11,676 0   0
FOREIGN TAXES FROM PASS THROUGH 0 192,273   0