2026-05-05T15:38:18-05:00 2025-06-30 BDO USA 6410 POPLAR AVE STE 750 MEMPHIS TN 38119 990 2024-07-01 871130171 TAF Rural Expansion Foundation % THE ORGANIZATION TAFR 7318470632 PO Box 756 Parsons TN 38363 JANET AYERS PRESIDENT 7318474970 2026-03-30 true true Betsy F Gilliland P02168398 9016807600 2024 2025-03-06 01:10:19Z JANET AYERS PO Box 756 Parsons TN 38363 13010588 false X N/A X 2021 TN EXPANDING THE AYERS FOUNDATION SCHOLARS PROGRAM MODEL TO IMPROVE POST-SECONDARY EDUCATION OPPORTUNITIES FOR HIGH SCHOOLERS IN DISTRESSED/AT-RISK RURAL TENNESSEE COUNTIES. 4 2 0 3 0 12503075 12496925 0 0 368556 513663 0 0 12871631 13010588 0 0 0 0 5692876 8067922 0 0 0 1290383 1697727 6983259 9765649 5888372 3244939 11573506 15361786 319772 863113 11253734 14498673 X EXPANDING THE AYERS FOUNDATION SCHOLARS PROGRAM MODEL TO IMPROVE POST-SECONDARY EDUCATION OPPORTUNITIES FOR HIGH SCHOOLERS IN DISTRESSED/AT-RISK RURAL TENNESSEE COUNTIES. true false 7751777 0 0 The Foundation expanded the Ayers Foundation Scholars Program Model to distressed and at-risk counties in an effort to improve post-secondary education opportunities for high school students in rural counties in Tennessee. Also, funds will be utilized to purchase and operate one or more facilities or the making of grants to organizations and performance of services by the Foundation to promote economic development activities in rural Tennessee counties; including, the acceleration of encouraging the relocation and development of business and enhanced services in rural Tennessee. 7751777 true true false false false false false false false false false false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 9 0 true 0 false false false false false false false false false false false false X 4 2 true false true false false false false true true false false true true true true false true false false false TN X THE ORGANIZATION 7318474962 643 TENNESSEE AVENUE PARSONS TN 38363 X DR BURTON WILLIAMS BOARD SECRETARY & CEO 34.0 6.0 X X 0 379558 31497 SHANNON HAYNES CHIEF PROSPERITY OFFICER 1.0 39.0 X 0 211798 24767 BLAKE DILL CHIEF OPERATING OFFICER 34.0 6.0 X 0 205101 18275 MICHAEL MEADOWS DIR OF FINANCIAL AID 34.0 6.0 X 0 196476 9282 LORISA WILLIAMS ORG. EFFECTIVENESS ADVISOR 36.0 4.0 X X 0 179800 13317 JESSE TURNER DIRECTOR OF IT & BUS SOLUTIONS 34.0 6.0 X 0 144046 16994 ANGELA MARSHALL DIR OF STRATEGIC INITIATIVES 34.0 6.0 X 0 134036 19206 MARCIA RHODES DIRECTOR OF ACCOUNTING 34.0 6.0 X 0 127593 15398 JAMES TROY GRANT CHIEF SCHOLARS OFF. UNTIL 9/3 34.0 6.0 X 0 124495 15018 EMILY CHADWICK DIRECTOR OF HR 34.0 6.0 X 0 130778 6244 JAMES AYERS Chairman until 4/1/2025 1.0 4.0 X X 0 0 0 JANET AYERS President 5.0 10.0 X X 0 0 0 LEE ANN INGRAM BOARD MEMBER 6/4-6/30/2025 1.0 4.0 X 0 0 0 SHAWN KIMBLE CHIEF SCHOLARS OFF. 4/14-6/30 34.0 6.0 X 0 0 0 0 1833681 169998 0 false true false P3 Consulting LLC 4606 Belmont Park Terrace NASHVILLE TN 37215 Consulting 127725 TriStar Strategies LLC 1454 N Dickerson Charpel LEBANON TN 37087 Consulting 120000 2 12496925 12496925 0 513663 513663 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13010588 513663 0 0 0 0 0 0 0 0 0 6714238 5300159 1414079 179561 141744 37817 673310 531505 141805 500813 395337 105476 0 16775 16775 42366 42366 0 0 0 0 0 307421 242675 64746 0 0 115964 115964 243084 243084 0 18281 18281 0 0 0 67521 53300 14221 MARKETING 15038 15038 ADMINISTRATIVE EXPENSES 59696 59696 STUDENT ENGAGEMENT EXPENSES 807178 807178 UTILITIES 4403 3476 927 9765649 7751777 2013872 0 11462991 265854 107499 9317207 0 5250000 877 0 0 0 0 0 0 0 0 0 2139 38952 0 0 0 0 0 0 0 0 0 0 0 489773 11573506 15361786 169346 231590 0 0 0 0 0 0 0 0 0 0 0 0 0 0 150426 631523 319772 863113 X 368556 884932 10885178 13613741 11253734 14498673 11573506 15361786 3244939 X false true X true false X 0 5000000 5003540 12503075 12496925 35003540 0 0 0 5000000 5003540 12503075 12496925 35003540 0 35003540 368556 513663 882219 0 0 35885759 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 146263 OPERATING LEASE LIABILITIES 485260 631523 X 13010588 13010588 13010588 9765649 9765649 9765649 Schedule D, Part X, Line 2 The Foundation is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the Foundation has made no provision for income taxes. The Foundation does not believe there are any uncertain tax positions. Further, the Foundation believes it does not have any unrelated business income, which would be subject to federal income taxes. The Organization is not subject to examination by US federal or state taxing authorities for years before 2022. false false false false false false false false false LORISA WILLIAMS ORG. EFFECTIVENESS ADVISOR 0 121175 0 58625 0 0 0 7359 0 5958 0 193117 0 0 MICHAEL MEADOWS DIR OF FINANCIAL AID 0 172145 0 24331 0 0 0 1842 0 7440 0 205758 0 0 DR BURTON WILLIAMS BOARD SECRETARY & CEO 0 280075 0 99483 0 0 0 15555 0 15942 0 411055 0 0 BLAKE DILL CHIEF OPERATING OFFICER 0 163186 0 41915 0 0 0 7184 0 11091 0 223376 0 0 ANGELA MARSHALL DIR OF STRATEGIC INITIATIVES 0 124369 0 9667 0 0 0 5572 0 13634 0 153242 0 0 JESSE TURNER DIRECTOR OF IT & BUS SOLUTIONS 0 122971 0 21075 0 0 0 5941 0 11053 0 161040 0 0 SHANNON HAYNES CHIEF PROSPERITY OFFICER 0 168977 0 42821 0 0 0 8865 0 15902 0 236565 0 0 SCHEDULE J, PART I, LINE 3 THE RELATED ORGANIZATION, AYERS FOUNDATION TRUST HAS AN INDEPENDENT COMPENSATION CONSULTANT AND LOOKS AT OTHER ORGANIZATION'S FORM 990 TO ESTABLISH COMPENSATION FOR THE ORGANIZATION'S CEO. 990, Part III, Line 2: Taf Rural Expansion Foundation expanded its program to utilize funds to purchase and operate one or more facilities or the making of grants to organizations and performance of services by the foundation to promote economic development activities in rural Tennessee counties; including, the acceleration or encouraging the relocation and development of businesses and enhanced services in rural Tennessee. 990, Part VI, Section A, Line 2: James Ayers and Janet Ayers have a family relationship. 990, Part VI, Section A, Line 4: Taf Rural Expansion Foundation amended its bylaws to expand its program to utilize funds to purchase and operate one or more facilities or the making of grants to organizations and performance of services by the foundation to promote economic development activities in rural Tennessee counties; including, the acceleration or encouraging the relocation and development of businesses and enhanced services in rural Tennessee. 990, Part VI, Section B, line 11b: A copy of the Form 990 is sent via email to all members of its governing body before filing. 990, Part VI, Section B, line 12c: We monitor and enforce our conflicts of interest policy in several ways. We do an in depth training on this in our new employee orientation, have all employees fill out, sign and return a Conflicts of Interest form to place in their files. We have many policies outlined in our Employee Handbook we go over at new hire orientation requiring all employees outside employment opportunities receive approval first, and have all outside employment approvals documented. We also conduct quarterly and annual training for all of our employees and periodically send reminders about this to make sure no conflict of interests exist. If we discover or find a conflict of interest, we escalate it to our President and determine the appropriate strategies and next steps moving forward. 990, Part VI, Section C, line 19: Available upon request. AYERS FOUNDATION P O Box 756 Parsons TN 38363 621773033 SCHOLAR PROGR TN 501(c)(3) PF N/A false THE AYERS FOUNDATION TRUST PO Box 756 PARSONS TN 383630756 882961915 SCHOLAR PROG TN 501(c)(3) PF NA false false false false false false false false false false false false false false true true true true false false