Overview
What is Tennessee Bar Foundation?
The Tennessee Bar Foundation is a philanthropic organization, established by Tennessee lawyers, with a mission to honor distinguished legal professionals and support organizations. It primarily awards monetary grants to entities providing civil legal assistance to indigent clients in Tennessee. The foundation supports agencies that enhance the administration of justice and offers law student assistance. The grant recipients include organizations catering to defined geographic areas, ensuring some legal aid is accessible in every Tennessee county. Other beneficiaries serve smaller regions, focus on specific subjects, or coordinate pro bono legal assistance provided by private practitioners. The Tennessee Bar Foundation operates from Nashville, Tennessee, with a workforce of only two employees.
Official website here: www.tnbarfoundation.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**
The Tennessee Bar Foundation has earned an impressive Four-Star rating from Charity Navigator, focusing on its strong accountability and finance practices. A key highlight is the organization's excellent management of funds, with a program expense ratio of over 95%, indicating that the vast majority of its funds are directed towards its charitable missions. The foundation also boasts a fully independent board, adherence to essential governance practices, and no reported material diversions of assets.
The foundation's commitment to transparency is evident in its ethical policies, including conflict of interest and whistleblower policies, which are fully documented and available for scrutiny. However, a minor oversight noted in the assessment is the absence of the tax form on its website, which has impacted its score in that specific area. Overall, the foundation showcases a solid financial structure and a commitment to ethical accountability.
**User Reviews: Not Available**
This AI summary has been generated from information found on Charity Navigator.
Is Tennessee Bar Foundation legitimate?
Tennessee Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Bar Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $158,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,477
For more financial information, click here
Official website here: www.tnbarfoundation.org
What is the mission statement of Tennessee Bar Foundation?
The Tennessee Bar Foundation, established by Tennessee lawyers, has a mission to honor distinguished legal professionals and contribute financially to organizations. These organizations primarily focus on providing civil legal assistance to indigent individuals and working to enhance the administration of justice. This philanthropic organization supports initiatives that aim to improve access to legal services for those in need and promote justice system enhancements.
Official website here: www.tnbarfoundation.org
Who is the CEO of Tennessee Bar Foundation?
Barri E Bernstein is the Trustee of Tennessee Bar Foundation.
Official website here: www.tnbarfoundation.org
What is the revenue of Tennessee Bar Foundation?
Tennessee Bar Foundation's revenue in 2023 was $8,615,048.
Official website here: www.tnbarfoundation.org
Who are the executives of Tennessee Bar Foundation and what are their salaries?
The average compensation at Tennessee Bar Foundation during 2023 was $114,248. There are 2 employees at Tennessee Bar Foundation.
Here are 13 key members and their salaries:
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- Compensation: $134,750
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- Other: $23,270
Official website here: www.tnbarfoundation.org
Where can I find the form 990 for Tennessee Bar Foundation?
Tennessee Bar Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tnbarfoundation.org
Learn more at the official website: www.tnbarfoundation.org
Mission Statement of Tennessee Bar Foundation
The Tennessee Bar Foundation, a philanthropic organization established by Tennessee lawyers, is committed to its mission. This mission primarily revolves around honoring distinguished lawyers in the profession and the community, while also providing financial aid to organizations. The primary recipients of these grants are those that offer civil legal assistance to individuals who cannot afford it. Furthermore, the Tennessee Bar Foundation supports organizations that work towards enhancing the administration of justice. This nonprofit organization's activities aim to uphold the principles of justice and equality, ensuring that everyone, regardless of their financial status, has access to legal assistance when needed.
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Impact
July, 2024
The Tennessee Bar Foundation's impact is seen through its support of agencies that provide civil legal services to the indigent and work to improve the administration of justice. The foundation awards monetary grants to organizations that offer representation in civil legal matters to indigent clients, ensuring a minimum amount of legal assistance is available in all Tennessee counties. Additionally, grant recipient organizations either serve smaller geographic areas, limit their service by subject matter, or coordinate the services of lawyers in private practice who provide legal assistance on a pro bono basis. Through its philanthropic efforts, the Tennessee Bar Foundation honors lawyers who have distinguished themselves in the profession and community while supporting organizations dedicated to providing civil legal assistance to the indigent and enhancing the administration of justice.
This information is meant to be a general summary of Tennessee Bar Foundation. 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 2023.
- Investment Income: $1,108,477
- Program Service Revenue: $7,442,910
- Gross Receipts: $18,465,546
Assets and Liabilities:
- Total Assets: $18,377,132
- Total Liabilities: $688,295
- Net Assets: $17,688,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
I.O.L.T.A. INCOME
Revenue
$7,442,910
Organization Details
Founding Year
1958
Phone
(615) 242-1531Principal Officer
Barri E Bernstein
Main Address
618 CHURCH STREET SUITE 120, NASHVILLE, TN, 372192456
Website
www.tnbarfoundation.orgNTEE Category
Code: I128 - Crime
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