2024-05-02T11:41:38-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 460538725 Bill and Connie Timmons Foundation % Foundation Source BILL 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 SYDNEY TAYLOR PRESIDENT 8008391754 2024-04-25 true SYDNEY TAYLOR 999009999 true Jeffrey D Haskell P01345770 8008391754 2023 2023-04-26 12:10:37Z X 4787890 X 1275128 74863 74863 50983 50983 -61987 294524 0 1338987 125846 0 13521 13521 2504 18145 60 18085 34170 13581 18085 1437750 1437750 1471920 13581 1455835 -132933 112265 2574269 2558118 2558118 2195076 2078294 2229772 4769345 4636412 4787890 0 0 X 4769345 4636412 4769345 4636412 4769345 4636412 4769345 -132933 4636412 4636412 Publicly-traded Securities 294524 356511 -61987 -61987 -61987 1560 1560 1560 1300 0 1300 X 0 260 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Tracy Hardaway Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 Sydney Taylor Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 2102681 1770180 0 3872861 0 3872861 58093 3814768 190738 190738 1560 1560 189178 189178 189178 1455835 0 0 0 0 1455835 189178 2021 2020 2019 1305600 998823 1159862 767459 739896 4971640 1455835 189178 1266657 6238297 0 1305600 4932697 998823 1159862 767459 739896 1266657 NONE X BILLFISH FOUNDATION INC 1915 NE 45TH ST STE 212 FT LAUDERDALE FL 33308 N/A PC Charitable Event 5000 BRETT BOYER FOUNDATION INC 4191 ARNO RD FRANKLIN TN 37064 N/A PC General & Unrestricted 25000 BRETT BOYER FOUNDATION INC 4191 ARNO RD FRANKLIN TN 37064 N/A PC Charitable Event 50000 CALVARY CHAPEL OF GREER 3315 BRUSHY CREEK RD GREER SC 29650 N/A PC General & Unrestricted 35000 CAROLINA PREGNANCY CENTER PO BOX 5364 SPARTANBURG SC 29304 N/A PC General & Unrestricted 4000 CENTER FOR DEVELOPMENTAL SERVICES D-B-A CDS 29 N ACADEMY ST GREENVILLE SC 29601 N/A PC General & Unrestricted 3000 CHRIST CHURCH 10 N CHURCH ST GREENVILLE SC 29601 N/A PC support of church's ministry in 2023 41000 DELMARVA EDUCATION ASSOCIATION 3780 WILL SCARLET RD WINSTON SALEM NC 27104 N/A PC General & Unrestricted 32000 FACES AND VOICES OF RECOVERY GREENVILLE 355 WOODRUFF RD STE 303 GREENVILLE SC 29607 N/A PC General & Unrestricted 50000 FINE ARTS CENTER PARTNERS 102 PINE KNOLL DR GREENVILLE SC 29609 N/A PC General & Unrestricted 500 FIRST BAPTIST CHURCH OF GREENVILLE S CAROLINA 847 CLEVELAND ST GREENVILLE SC 29601 N/A PC General & Unrestricted 18000 FURMAN UNIVERSITY 3300 POINSETT HWY GREENVILLE SC 29613 N/A PC General & Unrestricted 5000 FURMAN UNIVERSITY 3300 POINSETT HWY GREENVILLE SC 29613 N/A PC Timmons Arena Expansion 50000 FURMAN UNIVERSITY 3300 POINSETT HWY GREENVILLE SC 29613 N/A PC Furman Basketball Identity Group 10000 FURMAN UNIVERSITY 3300 POINSETT HWY GREENVILLE SC 29613 N/A PC Timmons Arena 100000 FURMAN UNIVERSITY 3300 POINSETT HWY GREENVILLE SC 29613 N/A PC Basketball Facility Enhancement Fund 131250 GOVERNORS SCHOOL FOR THE ARTS FDN INC PO BOX 8458 GREENVILLE SC 29604 N/A PC General & Unrestricted 1500 GREENVILLE CENTER FOR CREATIVE ARTS PO BOX 2206 GREENVILLE SC 29602 N/A PC General & Unrestricted 25000 GREENVILLE CENTER FOR CREATIVE ARTS PO BOX 2206 GREENVILLE SC 29602 N/A PC Arts Center programs and facilities 20000 GREENVILLE SYMPHONY ASSOCIATION 200 SOUTH MAIN ST GREENVILLE SC 29601 N/A PC General & Unrestricted 10000 GREENVILLE TECH FOUNDATION INC PO BOX 5616 GREENVILLE SC 29606 N/A PC General & Unrestricted 2500 GREENVILLE THEATRE 444 COLLEGE ST GREENVILLE SC 29601 N/A PC General & Unrestricted 40000 GREENWOOD GENETIC CENTER FOUNDATION 106 GREGOR MENDEL CIR GREENWOOD SC 29646 N/A SO II Data Management Fund 20000 HEALTHY LEARNERS 2711 MIDDLEBURG DR STE 304 COLUMBIA SC 29204 N/A SO I General & Unrestricted 15000 HOMES OF HOPE INC 3 DUNEAN ST GREENVILLE SC 29611 N/A PC General & Unrestricted 5000 HUDSON INSTITUTE INC 1201 PENNSYLVANIA AVE NW STE 400 WASHINGTON DC 20004 N/A PC General & Unrestricted 10000 MILL COMMUNITY MINISTRIES 1186 PENDLETON ST GREENVILLE SC 29611 N/A PC General & Unrestricted 15000 NEIGHBORHOOD CANCER CONNECTION 113 MILLS AVE GREENVILLE SC 29605 N/A PC Charitable Event 5000 PALMETTO PROMISE INSTITUTE PO BOX 12676 COLUMBIA SC 29211 N/A PC General & Unrestricted 15000 PARENTS AND FRIENDS OF HANCOCK INC 6600 HOWARD FOSS DR SAVANNAH GA 31406 N/A PC General & Unrestricted 100000 PEACE CENTER FOUNDATION 101 WEST BROAD ST GREENVILLE SC 29601 N/A PC General & Unrestricted 22500 POWER FOUNDATION INC 106 ASSEMBLY DR PIEDMONT SC 29673 N/A PC General & Unrestricted 38000 PROJECT HOST INC 525 S ACADEMY ST GREENVILLE SC 29601 N/A PC Charitable Event 5000 RATIO CHRISTI INC PO BOX 10937 MERRILLVILLE IN 46411 N/A PC General & Unrestricted 75000 SOUTH CAROLINA CHILDRENS THEATRE PO BOX 9340 GREENVILLE SC 29604 N/A PC General & Unrestricted 7000 SOUTH CAROLINA CONGRESS OF PARENTS AND TEACHERS 1826 HENDERSON ST COLUMBIA SC 29201 N/A PC Boosterthon campaign 5000 SOUTH CAROLINA HISTORICAL SOCIETY 100 MEETING ST CHARLESTON SC 29401 N/A PC Fireproof Building Campaign 10000 THE MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATIO 18 BEE ST MSC 450 CHARLESTON SC 29425 N/A SO III FI Dave Savula Endowed Professorship Fund 250000 UNITED MINISTRIES 606 PENDLETON ST GREENVILLE SC 29601 N/A PC Interfaith Hospitality Network 10000 UNITED MINISTRIES 606 PENDLETON ST GREENVILLE SC 29601 N/A PC General & Unrestricted 12000 UNITED WAY OF GREENVILLE COUNTY INCORPORATED 105 EDINBURGH COURT GREENVILLE SC 29607 N/A PC General support to be used in the year 2023 16000 UNITED WAY OF GREENVILLE COUNTY INCORPORATED 105 EDINBURGH COURT GREENVILLE SC 29607 N/A PC General & Unrestricted 30000 UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON ST SUITE 736 COLUMBIA SC 29208 N/A GOV Athletic Excellence Fund 30000 UPCOUNTRY HISTORY MUSEUM 540 BUNCOMBE ST GREENVILLE SC 29601 N/A PC General & Unrestricted 12500 YMCA OF GREENVILLE 723 CLEVELAND ST GREENVILLE SC 29601 N/A PC Building Campaign 60000 YOUNG LIFE - GREENVILLE 2320 EAST NORTH ST SUITE N GREENVILLE SC 29607 N/A PC General & Unrestricted 1000 YOUTHBASE INC 103 S TEXAS AVE GREENVILLE SC 29611 N/A PC General & Unrestricted 10000 1437750 14 74863 14 50983 18 -61987 63859 63859 false false false false false false false false false false X X 1 William R Timmons Jr Testamentary C c/o Rick Timmons PO Box 1805 Greenville SC 29602 1275128 X AEROVIRONMENT, INC. 43740 113436 AES CORP 23524 19250 AT&T, INC 12280 8390 BLOOM ENERGY CORP 28674 29600 BP PLC SPONSORED ADR 113452 106200 CHEVRON CORP 31600 29832 DIREXION REAL ESTATE BEAR 3X 25080 20622 FLUENCE ENERGY INC 24969 23850 FLUOR CORP 24956 19585 FREEPORT-MCMORAN COPPER & GOLD 52526 85140 GARMIN LTD 29807 89978 GEN DYNAMICS CP 34348 51934 LOCKHEED MARTIN CORP 34410 45324 MICRON TECHNOLOGY 29510 128010 NORTHROP GRUMMAN CORP 30549 46814 NUSCALE POWER CORP 16800 9870 PACE GLOBAL REAL ESTATE SECURI 44775 41615 PACE HIGH YIELD FUND CL P 61942 54258 PACE INTERMEDIATE FIXED INC FU 25454 22701 PACE INTERNATIONAL EMERGING MK 92641 83885 PACE INTERNATIONAL EQUITY FUND 183991 194638 PACE LARGE COMPANY GROWTH EQUI 216886 208768 PACE LARGE COMPANY VALUE EQUIT 228975 205693 PACE SMALL/MEDIUM CO GROWTH EQ 117787 100147 PACE SMALL/MEDIUM CO VALUE EQU 108778 102919 PACE STRATEGIC FIXED INCOME FU 99652 87485 PALO ALTO NETWORKS INC 24050 29488 PROTERRA INC 26122 47 UBS PACE ALTERNATIVE STRATEGIE 204604 200066 UBS PACE GLOBAL FIXED INCOME I 74047 60895 WARNER BROS. DISCOVERY, INC 12365 9332 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,437,750. This amount represents 25% or more of the Foundation's net assets of $4,596,042 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 18060 18060 Bank Charges 60 60 State or Local Filing Fees 25 25 Investment Management Services 13521 13521 990-PF Estimated Tax for 2023 1300 990-PF Excise Tax for 2022 1204