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        <PersonNm>SEQUOIA TAYLOR</PersonNm>
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        <PersonNm>MCLEAN WILSON</PersonNm>
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        <PersonNm>JULIE WUNDERLICH</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>JAMILA SMITH-YOUNG</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>KRISTEN D RING</PersonNm>
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        <PersonNm>MELISSA BAKER</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>CATHERINE B CHUBB</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>JO'LOREAL GUY</PersonNm>
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        <PersonNm>ELIZABETH C JORDAN</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>ALYSSA J VILLARREAL</PersonNm>
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        <PersonNm>SARAH E WRIGHT</PersonNm>
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        <PersonNm>KATHRYN B NAIR</PersonNm>
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        <ContractorAddress>
          <USAddress>
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      <ContractorCompensationGrp>
        <ContractorName>
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        <ContractorAddress>
          <USAddress>
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      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
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        <ContractorAddress>
          <USAddress>
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      <ContractorCompensationGrp>
        <ContractorName>
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          <USAddress>
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      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>HKS ARCHITECTS INC</BusinessNameLine1Txt>
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          <USAddress>
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      <ProgramServiceRevenueGrp>
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        <Desc>INSURANCE INCOME</Desc>
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      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>26961801</BeginningYearBalanceAmt>
        <ContributionsAmt>1157738</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-2830161</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>85245</GrantsOrScholarshipsAmt>
        <OtherExpendituresAmt>1502024</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>1200</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>23700909</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>21209557</BeginningYearBalanceAmt>
        <ContributionsAmt>431960</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>5762954</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>76360</GrantsOrScholarshipsAmt>
        <OtherExpendituresAmt>341310</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>25000</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>26961801</EndYearBalanceAmt>
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      <BoardDesignatedBalanceEOYPct>0.78320</BoardDesignatedBalanceEOYPct>
      <PrmnntEndowmentBalanceEOYPct>0.06750</PrmnntEndowmentBalanceEOYPct>
      <TermEndowmentBalanceEOYPct>0.14930</TermEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>0</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
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        <OtherCostOrOtherBasisAmt>239559</OtherCostOrOtherBasisAmt>
        <BookValueAmt>239559</BookValueAmt>
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      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>47974441</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>30117501</DepreciationAmt>
        <BookValueAmt>17856940</BookValueAmt>
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      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>7993108</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>5961026</DepreciationAmt>
        <BookValueAmt>2032082</BookValueAmt>
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      <TotalBookValueLandBuildingsAmt>20128581</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>ART CLUB</Desc>
        <Amt>500</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>JUNIOR CLASS FUNDS</Desc>
        <Amt>13172</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>JUNIOR CLASSICAL LEAGUE</Desc>
        <Amt>247</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>LS SUNSHINE FUND</Desc>
        <Amt>80</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>MS STUDENT COUNCIL</Desc>
        <Amt>587</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>MS SUNSHINE FUND</Desc>
        <Amt>-150</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>SOCCER DISCRETIONARY FUND</Desc>
        <Amt>262</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>US STUDENT COUNCIL</Desc>
        <Amt>22527</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>US SUNSHINE FUND</Desc>
        <Amt>360</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>TRUST</Desc>
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      <OtherLiabilitiesOrgGrp>
        <Desc>BETA CLUB</Desc>
        <Amt>1184</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>ATHLETICS SPECIAL EVENTS</Desc>
        <Amt>53206</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>TRAVELS</Desc>
        <Amt>27928</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>PATSY SIMONTON STUDENT ACTIVITY FUNE</Desc>
        <Amt>45858</Amt>
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      <TotalLiabilityAmt>166146</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>38699257</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>2482906</NetUnrealizedGainsInvstAmt>
      <OtherRevenueAmt>-1853667</OtherRevenueAmt>
      <RevenueNotReportedAmt>629239</RevenueNotReportedAmt>
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      <RevenueNotReportedFinclStmtAmt>-348937</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>37721081</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>23016629</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>348937</OtherExpensesIncludedAmt>
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      <OtherExpensesNotIncludedAmt>1853667</OtherExpensesNotIncludedAmt>
      <ExpensesNotRptFinclStmtAmt>1853667</ExpensesNotRptFinclStmtAmt>
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        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>OPERATING SUPPORT, FINANCIAL ASSISTANCE, AND CAPITAL EXPENDITURES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INTERNAL REVENUE SERVICE HAS RULED THAT THE SCHOOL QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO FEDERAL INCOME TAX UNDER PRESENT INCOME TAX LAWS. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX UNDER TENNESSEE STATUTE 67-4-806(A). IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE SCHOOL RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN TOTAL EXPENSE. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEAR ENDING JUNE 30, 2025 AND 2024. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION -1,833,667. INVESTMENT MANAGEMENT FEES -20,000.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>BUZZ SHOP COST OF SALES -348,937.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>BUZZ SHOP COST OF SALES 348,937.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>STUDENT FINANCIAL AID NETTED WITH STUDENT TUITION 1,833,667. INVESTMENT MANAGEMENT FEES 20,000.</ExplanationTxt>
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      <PolicyStmtInBrochuresEtcInd>1</PolicyStmtInBrochuresEtcInd>
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      <DiscriminateRaceEducPlcyInd>0</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>0</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>0</DiscriminateRaceAthltProgInd>
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        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL STATES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL NEWSPAPER ADVERTISEMENTS THAT SOLICIT STUDENT REGISTRATION AND IN ALL BROCHURES AND PUBLICATIONS.</ExplanationTxt>
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        <GrantTypeTxt>FINANCIAL ASSISTANCE</GrantTypeTxt>
        <RecipientCnt>168</RecipientCnt>
        <CashGrantAmt>1833667</CashGrantAmt>
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      <ClubDuesOrFeesInd>X</ClubDuesOrFeesInd>
      <WrittenPolicyRefTAndEExpnssInd>1</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>1</SubstantiationRequiredInd>
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <Form990OfOtherOrganizationsInd>X</Form990OfOtherOrganizationsInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
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      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
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      <CompBsdNetEarnsRltdOrgsInd>0</CompBsdNetEarnsRltdOrgsInd>
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        <PersonNm>KRISTEN D RING</PersonNm>
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        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
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        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
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        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
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        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>537248</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
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        <TotalCompensationFilingOrgAmt>189703</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>CATHERINE B CHUBB</PersonNm>
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        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>10153</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>62766</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>241211</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
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        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1Txt>HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE COUNTY OF SHELBY TN</BusinessNameLine1Txt>
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        <BondIssuerEIN>521283414</BondIssuerEIN>
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      <TaxExemptBondsProceedsGrp>
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        <RefundingTaxExemptBondsInd>0</RefundingTaxExemptBondsInd>
        <RefundingTaxableBondsInd>0</RefundingTaxableBondsInd>
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      </TaxExemptBondsProceedsGrp>
      <TaxExemptBondsPrivateBusUseGrp>
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        <MgmtContractBondFincdPropInd>0</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>0</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>0</BondIssMeetPrvtSecPymtTestInd>
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        <ProcsNonqualifiedBondRemdtdInd>0</ProcsNonqualifiedBondRemdtdInd>
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      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
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        <VariableRateIssueInd>1</VariableRateIssueInd>
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        <GrossProceedsInvestedInd>0</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>0</WrittenProcToMonitorReqsInd>
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      <ProceduresCorrectiveActionGrp>
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        <TypeOfAssistanceTxt>TUITION REMISSION</TypeOfAssistanceTxt>
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      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>GRINDER TABER AND GRINDER INC</BusinessNameLine1Txt>
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        </NameOfInterested>
        <RelationshipDescriptionTxt>FAMILY MEMBER OF OFFICER</RelationshipDescriptionTxt>
        <TransactionAmt>23100</TransactionAmt>
        <TransactionDesc>CONSTRUCTION SERVICES</TransactionDesc>
        <SharingOfRevenuesInd>0</SharingOfRevenuesInd>
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        <NoncashContributionsRptF990Amt>1016751</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
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      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>MISCELLANEOUS ITEMS</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>8654</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:</FormAndLineReferenceDesc>
        <ExplanationTxt>HUTCHISON SCHOOL (THE SCHOOL) IS AN INDEPENDENT, COLLEGE PREPARATORY SCHOOL FOR GIRLS IN GRADES PRE-KINDERGARTEN THROUGH TWELVE. THE PURPOSE OF THE SCHOOL IS TO PROVIDE ACADEMIC EXCELLENCE AND THE PARALLEL DEVELOPMENT OF MIND, BODY, AND SPIRIT AS IT EDUCATES YOUNG WOMEN FOR LIVES OF INTEGRITY AND RESPONSIBLE CITIZENSHIP.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CHIEF FINANCIAL OFFICER AND HEAD OF SCHOOL REVIEW THE FORM 990 BEFORE IT IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>AS OUTLINED IN THE BY-LAWS, POTENTIAL CONFLICTS OF INTEREST REQUIRE IMMEDIATE DISCLOSURE AND REVIEW BY THE BOARD OF TRUSTEES. AN ANNUAL DISCLOSURE STATEMENT IS REQUIRED TO BE SUBMITTED TO THE HEAD OF SCHOOL AND THE BOARD OF TRUSTEES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COMPENSATION COMMITTEE OF THE BOARD USES COMPARABILITY DATA AND DELIBERATION/DECISION SUBSTANTIATION OF ACCOMPLISHMENTS, ETC. TO DETERMINE COMPENSATION. INDEPENDENT COMPENSATION CONSULTANTS ARE USED PERIODICALLY TO REVIEW/ADVISE ON COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.</ExplanationTxt>
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</Return>