CS FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CS FOUNDATION INC (EIN 20-5862864)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-06-10
- IRS object ID
- 202501619349100030
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Gain Loss Sale Other Assets Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-10T13:05:03-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582578501 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREGORY N GALLAGHER CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8145 TYNECASTLE DR | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30350 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205862864 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CS Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CSFO | BusinessNameControlTxt |
| Phone | 4049660357 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2500 Peachtree Road NW | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30305 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David C Simpson | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 4049660357 | PhoneNum |
| Signature | 2025-06-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Gregory N Gallagher | PreparerPersonNm |
| PTIN | P01521283 | PTIN |
| Phone | 7705519600 | PhoneNum |
| Preparation | 2025-06-10 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $54,627,203 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,338,813 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $911,414 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $911,414 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $978,366 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $978,366 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $112,900 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $112,900 | GrossRentsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $496,244 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,813,890 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $496,244 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $47,949 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $42,949 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,885,686 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,541,873 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $0 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $6,840 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $6,840 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $31,890 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $31,890 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $38,731 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $38,731 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,892,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,930,731 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $38,731 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $0 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,045,045 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,503,142 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $240,731 | CashBOYAmt |
| Cash EOY | $609,043 | CashEOYAmt |
| Cash EOYFMV | $609,043 | CashEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Invst Land Cost Or Other Basis | $2,773,663 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $3,066,059 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $2,773,663 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $2,773,663 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $40,603,779 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $38,482,818 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $51,244,497 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $43,910,569 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,865,524 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $54,627,203 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $43,910,569 | CapitalStockBOYAmt |
| Capital Stock EOY | $41,865,524 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,910,569 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $41,865,524 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,910,569 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $41,865,524 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,910,569 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,045,045 | ExcessRevenueOverExpensesAmt |
| Subtotal | $41,865,524 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $41,865,524 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Vanguard Account 59346248 - Short Term | P | 2024-12-31 | 2024-12-31 | $250,000 | $0 | $250,000 | $0 | $0 | $0 | $0 | $0 |
| Vanguard Account 59346248 - Long Term | P | 2016-08-31 | 2024-12-31 | $11,704,109 | $0 | $11,771,181 | -$67,072 | $0 | $0 | $0 | -$67,072 |
| Vanguard Account 59346248 - Capital Gain Distributions | P | 2016-08-31 | 2024-12-31 | $14,781 | $0 | $0 | $14,781 | $0 | $0 | $0 | $14,781 |
| Lauderdale 10 acre parcel | D | 2016-08-31 | 2024-06-28 | $400,000 | $0 | $97,174 | $302,826 | $0 | $0 | $0 | $302,826 |
| Scorpion Property- Waterlevel Highway | D | 2016-08-31 | 2024-10-24 | $445,000 | $0 | $199,291 | $245,709 | $0 | $0 | $0 | $245,709 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $496,244 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $34,794 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $34,794 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $34,794 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,300 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $15,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $43,300 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$43,300 | OriginalReturnOverpaymentAmt |
| Overpayment | $8,506 | OverpaymentAmt |
| Applied To ES Tax | $8,506 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | David Simpson | IndividualWithBooksNm |
| Phone | 4049660357 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2500 Peachtree Road NW Suite 402N | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | Yes (true) | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| David Simpson | ||||||||
| 2500 Peachtree Road NW Suite 402N | Atlanta | GA | 30305 | President, Director | 0.00 | $0 | $0 | $0 |
| Larry Ray Eskew | ||||||||
| 4180 Old Freewill Road NW | Cleveland | TN | 37312 | Secretary, Director | 0.00 | $0 | $0 | $0 |
| Larry Ray Eskew | ||||||||
| 4180 Old Freewill Road NW | Cleveland | TN | 37312 | Treasurer, Director | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Contribution to Dollywood | Description1Txt |
| Expenses1 | $1,000,000 | Expenses1Amt |
| Description2 | Contribution to Emory Winship Cancer Institute | Description2Txt |
| Expenses2 | $1,000,000 | Expenses2Amt |
| Description3 | Contribution to Salvation Army | Description3Txt |
| Expenses3 | $600,000 | Expenses3Amt |
| Description4 | Contribution to Citi Fields | Description4Txt |
| Expenses4 | $550,000 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $0 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $0 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $0 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $34,794 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $34,794 | TotalTaxAmt |
| Distributable Before Adj | $0 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $0 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $0 | ExpensesAndContributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Winship Cancer Institute of Emory University | ||||||
| 1762 Clifton Road STE 1400 | Atlanta | GA | 30322 | EOF | Charitable | $1,000,000 |
| Carlos and Winnie Simpson Scholarship Endowment | ||||||
| University of Tennessee | Knoxville | TN | 37996 | GOV | Charitable | $250,000 |
| Chattanooga Rescue Mission | ||||||
| 1512 South Holtzclaw Avenue | Chattanooga | TN | 37404 | PC | Charitable | $0 |
| St Jude Children's Research Hospital | ||||||
| 501 St Jude Place | Memphis | TN | 38105 | PC | Charitable | $125,000 |
| University of TN-John Tummins Scholarship | ||||||
| University of Tennessee | Knoxville | TN | 37996 | GOV | Charitable | $250,000 |
| University of TN-John Tummins Scholarship Non-Endowed | ||||||
| University of Tennessee | Knoxville | TN | 37996 | GOV | Charitable | $250,000 |
| Autism Breakthrough of Knoxville | ||||||
| 900 E Hill Avenue Suite 145 | Knoxville | TN | 37915 | PC | Charitable | $100,000 |
| Shepherd Spinal Center | ||||||
| 2020 Peachtree Road NW | Atlanta | GA | 30305 | PC | Charitable | $200,000 |
| The Caring Place-Life and Redemption Ministries | ||||||
| 130 Wildwood Avenue | Cleveland | TN | 37320 | PC | Charitable | $350,000 |
| Bradley Cleveland Public Education Foundation | ||||||
| P O Box 4354 | Cleveland | TN | 37320 | EOF | Charitable | $75,000 |
| Salvation Army | ||||||
| 822 McCallie Avenue | Chattanooga | TN | 37403 | PC | Charitable | $650,000 |
| City Fields (formerly The Refuge) | ||||||
| 1075 Blythe Ave Suite 8 | Cleveland | TN | 37311 | PC | Charitable | $550,000 |
| Ronald McDonald House | ||||||
| 200 Central Avenue | Chattanooga | TN | 37403 | PC | Charitable | $30,000 |
| Dept of Neurology Emory University | ||||||
| 201 Dowman Drive | Atlanta | GA | 30322 | EOF | Charitable | $50,000 |
| McCallie School | ||||||
| 500 Dodds Avenue | Chattanooga | TN | 37404 | EOF | Charitable | $1,000 |
| Carlos & Winnie Simpson NonEndowed Scholarship | ||||||
| University of Tennessee | Knoxville | TN | 37996 | GOV | Charitable | $250,000 |
| Respite Care Atlanta | ||||||
| 2715 Peachtree Road NE | Atlanta | GA | 30305 | PC | Charitable | $10,000 |
| American Center for Law and Justice | ||||||
| P O Box 90555 | Washington | DC | 20090 | PC | Charitable | $0 |
| Alliance Defending Freedon | ||||||
| 15100 N 90th Street | Scottsdale | AZ | 85260 | PC | Charitable | $20,000 |
| Shriners Hospitals for Children | ||||||
| 110 Conn Terrace | Lexington | KY | 40508 | PC | Charitable | $10,000 |
| Tunnels to Towers Foundation | ||||||
| 2361 Hylan Blvd | Staten Island | NY | 10306 | PC | Charitable | $30,000 |
| Cathedral of Christ the King | ||||||
| 2699 Peachtree Road NE | Atlanta | GA | 30305 | PC | Charitable | $10,000 |
| American Cancer Society | ||||||
| P O Box 6704 | Hagerstown | MD | 21741 | PC | Charitable | $7,500 |
| Sovereign Military Order of Malta | ||||||
| 1011 First Avenue Suite 1350 | New York | NY | 10022 | PC | Charitable | $0 |
| MJCCA | ||||||
| 5342 Tilly Mill Road | Dunwoody | GA | 30338 | PC | Charitable | $0 |
| City of Charleston TN | ||||||
| 126 Worth Street NE | Charleston | TN | 37310 | PC | Charitable | $0 |
| American Cancer Society-Cleveland | ||||||
| 6221 Shallowford Rd Ste 102 | Chattanooga | TN | 37421 | PC | Charitable | $0 |
| Emory Brain Center | ||||||
| 12 Executive Park Drive NE | Atlanta | GA | 30329 | EOF | Charitable | $25,000 |
| Trinity Presbyterian Church | ||||||
| 3003 Howell Mill Road NW | Atlanta | GA | 30327 | PC | Charitable | $10,000 |
| Winship Cancer Institute-Lung | ||||||
| 1762 Clifton Road | Atlanta | GA | 30322 | EOF | Charitable | $0 |
| Wesley Memorial Church | ||||||
| 3405 Peerless Rd NW | Cleveland | TN | 37312 | PC | Charitable | $25,000 |
| Holston Home for Children | ||||||
| 404 Holston Dr | Greeneville | TN | 37743 | PC | Charitable | $10,000 |
| Cleveland Elks 1944 AAA Fund | ||||||
| P O Box 1034 | Cleveland | TN | 37364 | PC | Charitable | $2,500 |
| Winship Cancer Institute(Beyett research pledge) | ||||||
| 1762 Clifton Road | Atlanta | GA | 30322 | EFO | Charitable | $60,000 |
| Reach for Excellence | ||||||
| 3790 Ashford Dunwoody Road | Atlanta | GA | 30319 | PC | Charitable | $500 |
| University of TN-drop tower donation | ||||||
| University of Tennessee | Knoxville | TN | 37996 | GOV | Charitable | $425,000 |
| ARA Parseghian Medical Research Fund | ||||||
| 215 Jordan Hall of Science | Notre Dame | IN | 46556 | PC | Charitable | $1,000 |
| SORIN - Society | ||||||
| 1100 Grace Hall | Notre Dame | IN | 46556 | PC | Charitable | $1,500 |
| St Mary's College | ||||||
| 110 LeMans Hall | Notre Dame | IN | 46556 | EFO | Charitable | $1,000 |
| Children's Healthcare of Atlanta Foundation | ||||||
| 1001 Johnson Ferry Road NE | Atlanta | GA | 30342 | EOF | Charitable | $1,000 |
| Georgia Baptist Children's Homes & Family Ministries | ||||||
| 9250 Hutcheson Ferry Road | Palmetto | GA | 30268 | PC | Charitable | $1,000 |
| Dollywood Foundation | ||||||
| 111 E Main Street | Sevierville | TN | 37862 | PC | Charitable | $1,000,000 |
| UT Foundation-Tummins Super Students | ||||||
| University of Tennessee | Knoxville | TN | 37996 | GOV | Charitable | $100,000 |
| Manna Foodbank | ||||||
| 99 Broadpointe Drive | Mills River | NC | 38759 | PC | Charitable | $5,000 |
| Purification Heritage Center | ||||||
| 213 Davidson Street SE | Crawfordsville | GA | 30631 | PC | Charitable | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,892,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $911,414 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $978,366 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $496,244 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,889,780 | ExclusionAmt |
| Related Or Exempt Function Incm | $496,244 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,386,024 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 8 | Capital gain income allowed the foundation to fund more charitable |
| 8 | endeavors than would have been the case without such income. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| David C Simpson | ||||||
| 1 | 2500 Peachtree Road NW 402N | Atlanta | GA | 30305 | $105,000 | Yes (X) |
| Ann Wilson Trust | ||||||
| 2 | 2500 Peachtree Road NW 402N | Atlanta | GA | 30305 | $1,151,258 | Yes (X) |
| Interstate Concrete Construction LLC | ||||||
| 3 | P O Box 2698 | Cleveland | TN | 37320 | $82,555 | Yes (X) |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | 2024 Capital Gains (Losses) per Part IV Detail | AssetDesc |
| How Acquired | Purchased | HowAcquiredTxt |
Purchaser Name PurchaserNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Various | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Price | $12,813,890 | GrossSalesPriceAmt |
| Basis | $12,317,646 | BasisAmt |
| Total Net | $496,244 | TotalNetAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Land from Claude Simpson Estate per Sch B detail. | CategoryOrItemTxt |
| Cost Or Other Basis | $2,773,663 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $0 | AccumulatedDepreciationAmt |
| Book Value | $2,773,663 | BookValueAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Vanguard Brokerage Account 59346248 | $35,284,480 | $47,502,412 |
| Bradley Co. Financial Stock | $312,500 | $737,500 |
| First Citizens Stock | $962,199 | $1,080,946 |
| South Mouse Creek Mitigation LLC | $1,923,639 | $1,923,639 |
| Interstate Concrete Construction, LLC | $0 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Insurance on Real Estate | $4,081 | $4,081 |
| IPG Office Expenses | $1,619 | $1,619 |
| Reimb Sum Tay for Scrap Freight Chg | $4,900 | $4,900 |
| Loss from ICC | $3,281 | $3,281 |
| Loss from South Mouse Creek Mitigation K-1 | $12,215 | $12,215 |
| Electricity for Tool Shed | $337 | $337 |
| Sale Sign for Lauderdale 10 acres | $494 | $494 |
| S Mouse Creek Site Plan | $4,950 | $4,950 |
| Bank Charges | $13 | $13 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Scrap Metal Sales | $31,445 | $31,445 |
| Donegal Insurance Refund | $504 | $504 |
| Sale of Farm Tractor | $10,000 | $10,000 |
| Sale of Hay | $1,000 | $1,000 |
| Refund of 2023 CIMA Donation | $5,000 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Gregory Gallagher Tax Preparation | CategoryTxt |
| Amt | $6,840 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign Taxes Paid | CategoryTxt |
| Amt | $1 | Amt |
| Net Investment Income | $1 | NetInvestmentIncomeAmt |
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