Overview
What is The Foundation For The College System Of Tennessee?
The Foundation for the College System of Tennessee is a nonprofit organization situated in Nashville, Tennessee. Its primary mission is to foster support and advance the visibility of the College System and its associated institutions, serving as a significant workforce development resource. During the 2023 fiscal year, the foundation raised $811,426 in cash contributions and allocated $162,157 in scholarships and awards on behalf of the Tennessee Colleges of Applied Technology. The foundation's board members collaborate with the External Affairs Office and the Assistant Vice Chancellor of Strategic Advancement to fundraise and lead capital campaigns, while also creating unique opportunities for the system that are not funded by state resources for its member institutions.
Official website here: www.tbr.eduadvancement
Is The Foundation For The College System Of Tennessee legitimate?
The Foundation For The College System Of Tennessee is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For The College System Of Tennessee submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.tbr.eduadvancement
What is the mission statement of The Foundation For The College System Of Tennessee?
The Foundation for the College System of Tennessee's mission is to foster support and enhance the visibility of the educational system and its affiliated institutions. By doing so, it contributes significantly to workforce development. The Foundation's board members are also involved in aiding the External Affairs Office and the Assistant Vice Chancellor of Strategic Advancement in fundraising initiatives and capital campaigns. Additionally, the Foundation aims to create opportunities for the System that are not covered by state funding for its member institutions.
Official website here: www.tbr.eduadvancement
What is the revenue of The Foundation For The College System Of Tennessee?
The Foundation For The College System Of Tennessee's revenue in 2024 was $854,672.
Official website here: www.tbr.eduadvancement
Who are the executives of The Foundation For The College System Of Tennessee and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.tbr.eduadvancement
Where can I find the form 990 for The Foundation For The College System Of Tennessee?
The Foundation For The College System Of Tennessee's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.tbr.eduadvancement
Learn more at the official website: www.tbr.eduadvancement
Mission Statement of The Foundation For The College System Of Tennessee
The Foundation for the College System of Tennessee, in its mission, aims to incentivize support and boost the progression of the System and its affiliated institutions. Serving as a crucial catalyst for workforce development, this organization strives to raise awareness and advocacy for the System. The Board members of the Foundation are expected to contribute to the External Affairs Office and the Assistant Vice Chancellor of Strategic Advancement in fundraising initiatives and capital campaigns. Additionally, the Foundation's role is to create opportunities for the System that are not covered by state funding for its member institutions.
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Impact
October, 2024
The Foundation For The College System Of Tennessee plays a crucial role in enhancing the educational landscape and workforce development in the state. By raising significant funds—$811,426 during the fiscal year ended June 30, 2023—it provides essential financial support to students through scholarships and awards, disbursing $162,157 to help them achieve their educational goals at the Tennessee Colleges of Applied Technology.
This impact extends beyond individual students; the Foundation's efforts contribute to the broader mission of promoting awareness and support for the college system and its member institutions. By facilitating these resources, it strengthens the workforce development capabilities of Tennessee, ensuring that students are prepared to meet the demands of the job market.
Furthermore, the Foundation involves its board members in strategic initiatives, including fundraising and capital campaigns, which create additional opportunities for growth and support that state funding alone cannot provide. This proactive approach not only enhances educational access but also fosters a more skilled workforce, ultimately benefiting the economy and community at large in Tennessee.
This information is meant to be a general summary of The Foundation For The College System Of Tennessee. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $19,216
- Gross Receipts: $854,672
Assets and Liabilities:
- Total Assets: $2,846,555
- Total Liabilities: $0
- Net Assets: $2,846,555
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Organization Details
Founding Year
2001
Principal Officer
Cris Perkins
Website
www.tbr.eduadvancementNTEE Category
Code: B11 - Education
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