The Community Foundation of Middle Tennessee
3833 Cleghorn Avenue
Suite 400
Nashville TN 37215-2519
The Community Foundation of Middle Tennessee

 

Mission Statement
Dedicated to connecting generosity with need. Helping people help others through tailored charitable giving.
Leadership
CEO/Executive Director
Board Chair Mrs. Jerry Williams
Board Chair Company Affiliation Leadership Nashville
History & Background
Year of Incorporation 1991
Former Names
Nashville Area Community Foundation, Inc.
Organization's type of tax exempt status 501-C3
Financial Summary
 
 
Projected Expenses $2,803,174.00
Projected Annual Revenue $2,803,174.00 (2014)
Statements
Mission Dedicated to connecting generosity with need. Helping people help others through tailored charitable giving.
Background
Founded by a group of civic leaders committed to the idea of creative and meaningful giving, The Community Foundation of Middle Tennessee was envisioned as a strong, regional, community-based organization that could promote and facilitate giving. A public charity, we work hard to foster and encourage giving within the 43 counties we serve and on behalf of the broadest range of charitable purposes and charitable organizations.
Since our creation in 1991, we have given $438 million in grants to make a difference for this community.
Impact
Our Goals:
1) To serve as a leader, catalyst, and resource for giving.
2) To build and hold a permanent and growing endowment for the community’s changing needs and opportunities.
3) To provide flexible and cost-effective ways for individuals, families and companies to contribute to their community.
4) To strive for excellence in grantmaking that benefits Middle Tennessee in fields such as social services, education, health, the environment, and the arts.
 
We hope to:
1) Increase the number of individuals, corporations and professional advisors who appreciate how we can help them help others.
2) Invite people to participate in giving by assuring them that, through The Community Foundation, their gift matters.
Needs
We work hard to look for critical intervention points in the work of local nonprofits, places where our gift will matter most. We do that in large part because we have a personal responsibility to shake every donor’s hand and assure them that their charitable giving matters. Every year we are unable to fund good people doing important work in Middle Tennessee.
Our need is to increase giving to our Unrestricted Impact Fund – so we can help our neighbors in need, now and always.
Service Categories
Primary Organization Category Philanthropy,Voluntarism & Grantmaking Foundations / Community Foundations
Areas of Service
Areas Served
TN - Bedford
TN - Cannon
TN - Cheatham
TN - Clay
TN - Coffee
TN - Cumberland
TN - Davidson
TN - Dekalb
TN - Dickson
TN - Fentress
TN - Franklin
TN - Giles
TN - Hickman
TN - Houston
TN - Humphreys
TN - Jackson
TN - Lawrence
TN - Lewis
TN - Lincoln
TN - Macon
TN - Marshall
TN - Maury
TN - Montgomery
TN - Moore
TN - Overton
TN - Perry
TN - Pickett
TN - Putnam
TN - Robertson
TN - Rutherford
TN - Smith
TN - Stewart
TN - Sumner
TN - Trousdale
TN - Van Buren
TN - Warren
TN - Wayne
TN - White
TN - Williamson
TN - Wilson
In addition to serving 40 counties in Middle Tennessee, The Foundation also serves 3 counties in Southern Kentucky, Christian, Todd and Trigg counties.
Board Chair Statement Here’s why I love The Community Foundation: It’s based on the notion that giving is personal. What I might want to do, might not be what you want to. Animals in need of a home might tug at your heartstrings; I might worry about drugs in the middle schools. Someone else might find great meaning in endowing the historic Nashville City Cemetery; someone else might want to put on plays. I also love the fact that at The Community Foundation, every gift matters. We accept it gratefully. We grow it carefully. We invest it wisely in the needs of our community. We are good stewards of our community’s future and present. I hope you will join in our work. Pick your passion. Make a difference. Feel great!
CEO Statement
What The Community Foundation of Middle Tennessee does: We connect generosity with need by helping nonprofits, individuals and companies who care, protect the quality of life throughout Middle Tennessee.
 
Why we do it: Because giving matters. It matters when people with great hearts – whether or not they have great wealth – give to make the path easier for others.
 
How we do it: By connecting generosity with need. We provide customized services to people and companies to help them give with meaning, confidence and joy. We enable people to give assets of value (e.g. cash securities, land, personal possessions, insurance, etc.) to support the charitable organizations in which they believe.
Programs
Description We build community in new ways, partnering with other funders, non-profits and government to identify and address Middle Tennessee’s needs. Regional work on training nurses, GivingMatters.com, www.NowPlayingNashville.com, addressing gun violence, assisting in nonprofit mergers, and paying heating bills for the elderly and disabled are a few of our initiatives.
Category Philanthropy, Voluntarism & Grantmaking Philanthropy, Voluntarism & Grantmaking, General/Other
Population Served General Public/Unspecified, ,
Description We enjoy a unique ability to tailor our work to your charitable goals. Whether you want to address a specific need, endow a specific charitable organization, provide a scholarship, or give to our Unrestricted Impact Fund, we can help. We also enable you to establish the equivalent of a Private Foundation, a charitable nest-egg for you and your children. No matter what you have to give, you can start or add to something special. This flexibility – combined with the information here on GivingMatters.com – can empower you to have an impact on the issues and opportunities you care about most.
Budget 220000
Category Philanthropy, Voluntarism & Grantmaking Philanthropy, Voluntarism & Grantmaking, General/Other
Population Served General Public/Unspecified, ,
Description Our goal is to help you help your clients help their community. It’s as easy as that. Whether you are writing a Will, assisting with the sale of a company, or exploring ways to help your clients minimize their taxes and maximize their ability to help, The Community Foundation provides arrows for your quiver, tools you can use. The Foundation also offers an online resource – the Planned Giving Design Center (www.pgdc.com) which provides you the latest philanthropic news and up-to-date tools as you work on your clients’ behalf.
Category Philanthropy, Voluntarism & Grantmaking Philanthropy, Voluntarism & Grantmaking, General/Other
Population Served Other Named Groups, General Public/Unspecified,
Description We write three types of grant checks to non-profit organizations: 1) checks that represent the annual payout from endowment funds created to support their work 2) checks that represent gifts from donors (individuals, families or corporations) who ask us to make a grant from their Donor-Advised Funds 3) checks for our annual discretionary grantmaking process. Additionally, we help nonprofits communicate the breadth and depth of the work they do through GivingMatters.com, and our latest online resource, www.NowPlayingNashville.com which includes a community calendar on which nonprofits may share their upcoming events.
Category
Population Served , ,
Description An initiative of The Community Foundation of Middle Tennessee, NowPlayingNashville.com is a community project with a growing list of civic-minded partners as well as more than 300-plus Arts & Cultural Organizations throughout Middle Tennessee. NowPlayingNashville.com is a comprehensive online events calendar featuring information about music, theatre, sports, dance, museums, kids and family activities, film and festivals, and many other entertainment options. Created with the goals of audience development for arts and entertainment venues throughout Middle Tennessee and promoting cultural tourism in our region, the website centralizes and provides one-stop access to event and ticketing information that both residents and visitors will find extremely useful.
Category Public, Society Benefit Public, Society Benefit, General/Other
Population Served General Public/Unspecified, ,
CEO Comments Our goal is to help our community thrive. The Community Foundation of Middle Tennessee’s work revolves around enabling people to understand the opportunities of our community and to have an impact on the issues they choose. To that end, we help endow the present and future by making giving comfortable, convenient and cost-effective, knowing that without a ready supply of charitable dollars our community will be unable to move quickly to make good things happen. We work to support nonprofits and the people they serve by 1) sending support based on applications we receive from organizations seeking to address emerging needs; 2) accepting and investing gifts to endow the future of specific non-profits and forwarding approximately 5% to them each and every year; and 3) by allowing people who care to set aside money when it makes sense for them in order to use it now and later to support a variety of charitable causes and organizations. We convene collaborations to address opportunities such as our work with United Way of Metropolitan Nashville, the CNM and others to foster and then fund nonprofits working to reduce their administrative costs; or our work with the District Attorney and the Police Department to combat gun violence; with the Convention and Visitors Bureau, the Chamber, the CMA, the Airport and a host of others to help local arts organizations earn income; or with all of the major Funders, through GivingMatters.com, to help donors give with confidence. And we work extensively with individuals, families, corporations and professional advisors to serve as a resource as they explore their options for giving with meaning.
Board Chair
Board Chair Mrs. Jerry Williams
Company Affiliation Leadership Nashville
Term June 2014 to May 2016
Email mail@cfmt.org
Board Members
NameAffiliationStatus
Ms. Leilani S. Boulware Correct Care Solutions, LLCVoting
Mr. Charles W. Cook Jr.Retired Community VolunteerVoting
Mr. Ronald L. Corbin Community VolunteerVoting
Mrs. Jana J. Davis HCAVoting
Mr. Rod Essig Creative Artists AgencyVoting
Mr. Rodney Essig Creative Artist AgencyVoting
Mrs. Irwin E. Fisher Community VolunteerVoting
Dr. Stephen F. Flatt National Healthcare CorporationVoting
Mr. Jay L. Frank DigSinVoting
Mr. Ben Freeland Freeland ChevroletVoting
Mr. Gary A. Garfield Bridgestone Americas, Inc.Voting
The Honorable Alberto R. Gonzales Waller LansdenVoting
Mr. Jose Gonzalez Voting
Mr. Kerry Graham Bohan AdvertisingVoting
Mr. Francis S. Guess The Danner FoundationVoting
Mr. Mark Gwyn Tennessee Bureau of InvestigationVoting
Mr. Carl T. Haley Grand AvenueVoting
Mr. Henry B. Hicks IIIGray Line of TennesseeVoting
Mrs. Carol O. Hudler The TennesseanVoting
Mr. Decosta E. Jenkins Nashville Electric ServiceVoting
The Honorable William C. Koch Jr.Tennessee Supreme CourtVoting
Ms. Ellen E. Lehman The Community Foundation of Middle TennesseeVoting
Mr. Robert Lipman Lipman BrothersVoting
Mr. Don MacLachlan Tennessee TitansVoting
Mr. Bert Mathews The Mathews CompanyVoting
Mrs. Kitty Moon Emery KittyMoon EnterprisesVoting
Mr. Stephen F. Moore Country Music AssociationVoting
Ms. Joelle Phillips AT&TVoting
Mrs. Deborah Taylor Tate Community VolunteerVoting
Dr. Stephaine H. Walker Vanderbilt University School of MedicineVoting
Mr. Kevin Wheeler A.O. SmithVoting
Mr. David Williams IIVanderbilt UniversityVoting
Board Demographics - Ethnicity
African American/Black 8
Asian American/Pacific Islander 0
Caucasian 22
Hispanic/Latino 2
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 22
Female 10
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 71%
Does the organization have written Board Selection Criteria? Yes
Does the organization have a written Conflict of Interest Policy? Yes
Percentage of Board Members making In-Kind Contributions 25%
Does the Board include Client Representation? Yes
Number of Full Board Meetings Annually 6
Standing Committees
Audit
Executive
Finance
Marketing
Nominating
Program
Scholarship
Risk Management Provisions
Commercial General Liability
Crime Coverage
Directors & Officers Policy
Disability Insurance
General Property Coverage
Life Insurance
Medical Health Insurance
Workers Compensation & Employers' Liability
Additional Board Members
NameAffiliation
Mrs. Judy Liff Barker Community Volunteer
Mr. Jack O. Bovender Jr.HCA
Mr. Ben L. Cundiff Cundiff Farms
Mr. Richard Eskind Wells Fargo
Mr. Farzin Ferdowsi MRCO
Dr. Thomas F. Frist Jr.Retired - HCA Healthcare
Mr. Joel C. Gordon The Gordon Group
Mr. James S. Gulmi Genesco, Inc.
Mr. Aubrey B. Harwell Jr.Neal & Harwell
Mrs. Catherine Jackson Community Volunteer
Mr. Kevin P. Lavender Fifth Third Bank
Dr. John E. Maupin Jr.Moorehouse College of Medicine
Mr. Ralph W. Mosley Community Volunteer
Mrs. Donna D. Nicely Community Volunteer
Mr. Ben Rechter Community Volunteer
Mr. Michael D. Shmerling Choice Food Group, Inc.
Mr. Charles A. Trost Waller Lansden
Mr. Jack B. Turner Jack B. Turner & Associates
Ms. Deborah F. Turner News Channel 5 Network
Mrs. Betsy Walkup Community Volunteer
CEO Comments Since The Community Foundation of Middle Tennessee serves as our community's endowment or charitable savings account, it is critical that we have a hard-working, conscientious and forward-thinking management team which joins the talent of Board, Volunteer, and Staff leadership. Since its creation, The Community Foundation of Middle Tennessee has relied on the skillful stewardship of a Board of committed leaders and a team of qualified, dedicated professionals.
Foundation Staff Comments
CFMT's By-Laws and Conflict of Interest policy are available upon request.
Executive Director/CEO
Executive Director Ms. Ellen E. Lehman
Term Start July 1991
Email ellen@cfmt.org
Experience Ellen has served The Community Foundation of Middle Tennessee as president since it began in 1991, and has seen it grow to become a philanthropic force in its forty-three county area. With a background in sociology and business, Ellen directs The Foundation's efforts to promote and facilitate charitable giving and endowment building, thereby giving donors choices, convenience, cost-effectiveness and security, as they make their charitable dreams a reality.
Staff
Full Time Staff 27
Part Time Staff 0
Volunteers 350
Contractors 12
Retention Rate 87%
Plans & Policies
Does the organization have a documented Fundraising Plan? No
Does the organization have an approved Strategic Plan? Yes
Number of years Strategic Plan Considers 3
When was Strategic Plan adopted? Apr 2009
In case of a change in leadership, is a Management Succession plan in place? No
Does the organization have a Policies and Procedures Plan? Yes
Does the organization have a Nondiscrimination Policy? Yes
Affiliations
AffiliationYear
Better Business Bureau Wise Giving Alliance2000
Center for Nonprofit Management Excellence Network2003
Council on Foundations1994
Nashville Area Chamber of Commerce2000
Southeastern Council of Foundations2004
Awards
Award/RecognitionOrganizationYear
Community Leadership AwardHuman Rights Campaign2004
Brotherhood-Sisterhood AwardNational Conference of Christians and Jews2003
Finalist, Innovation in ActionCenter for Nonprofit Management, Salute to Excellence2006
Senior Staff
Title Comptroller
Experience/Biography With extensive experience in accounting and financial management, Melisa Currey oversees the daily financial activity of The Community Foundation. She is responsible for developing, implementing, and maintaining the accounting systems that ensure adequate accounting records are maintained of all assets, liabilities, and other transactions of The Foundation. Donors frequently turn to Melisa for guidance with gift transactions, investment performance results, and portfolio management issues.
CEO Comments Since The Community Foundation of Middle Tennessee serves as our community's endowment or charitable savings account, it is critical that we have a hard-working, conscientious and forward-thinking management team which joins the talent of Board, Volunteer, and Staff leadership. Since its creation, The Community Foundation of Middle Tennessee has relied on the skillful stewardship of a Board of committed leaders and a team of qualified, dedicated professionals.
Foundation Comments CFMT's By-Laws and Conflict of Interest policy are available upon request.
 
 
Fiscal Year
Fiscal Year Start Jan 01 2014
Fiscal Year End Dec 31 2014
Projected Revenue $2,803,174.00
Projected Expenses $2,803,174.00
Endowment Spending Policy Percentage
Endowment Spending Percentage (if selected) 5%
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201320122011
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$239,101$0$671,744
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$239,101$0$671,744
Individual Contributions$16,015,035$35,672,198$15,892,099
$0$0$0
$0$0$10,769
Investment Income, Net of Losses$24,097,379$43,392,423$557,734
Membership Dues$0$0$0
Special Events$1,255,709$1,005,297$960,421
Revenue In-Kind$8,380,106$70,744$70,088
Other$59,385$894,549$104,991
Expense Allocation
Fiscal Year201320122011
Program Expense$48,920,815$75,091,891$60,670,503
Administration Expense$1,825,434$2,670,557$2,874,351
Fundraising Expense$1,203,121$1,173,059$1,265,538
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses0.961.030.31
Program Expense/Total Expenses94%95%94%
Fundraising Expense/Contributed Revenue7%3%7%
Assets and Liabilities
Fiscal Year201320122011
Total Assets$382,262,416$360,123,135$367,471,170
Current Assets$24,788,246$27,088,581$15,914,546
Long-Term Liabilities$6,704,646$5,946,144$0
Current Liabilities$45,387$55,341$15,449,224
Total Net Assets$375,512,383$354,121,650$352,021,946
Short Term Solvency
Fiscal Year201320122011
Current Ratio: Current Assets/Current Liabilities546.15489.481.03
Long Term Solvency
Fiscal Year201320122011
Long-Term Liabilities/Total Assets2%2%0%
Top Funding Sources
Fiscal Year201320122011
Top Funding Source & Dollar AmountContributions, Gifts & Grants (including In-Kind) $24,395,141Interest, Dividends, and Gains on Investments $43,392,423Contributions $15,892,099
Second Highest Funding Source & Dollar AmountInterest, Investments, and Sales of Securities $24,097,379Contributions, Gifts & Grants $35,672,198Special Events $960,421
Third Highest Funding Source & Dollar AmountGaming and Fundraising Event $1,255,709Gaming and Fundraising Events $1,005,297Government Grants and Contributions $671,744
Capital Campaign
Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitations Permit
TN Charitable Solicitations Registration Yes - Expires Sept 2014
Organization Comments Because The Community Foundation of Middle Tennessee serves as our community's savings account, our numbers look a bit different from many more traditional nonprofit organizations. *We have a small staff that works to educate people who care about a range of giving options -- within and beyond our customized services (and a six-month operating reserve). *We look for opportunities to add value connecting generosity with need through grantmaking, education fiscal agency, etc. *We do not fundraise to cover our expenses -- those are covered entirely by income we earn; although at the request of some donors/committees we do help host events from time to time to endow support for specific charitable purposes.
GivingMatters.com Financial Comments
The significant spike in revenue in 2010 is a result of disaster relief contributions (2010 Middle Tennessee floods).
 
Beginning in 2010, financial data is taken primarily from the audit, with the 990 providing supplemental information. Prior to 2010, financial figures were taken from the 990 only. Financial documents completed by Kraft CPAs PLLC. Forms 990T prior to 2010 are available upon request.
 
Comments provided by Beth Groves 9/26/13
Nonprofit The Community Foundation of Middle Tennessee
Address 3833 Cleghorn Avenue
Suite 400
Nashville, TN 372152519
Primary Phone (615) 321-4939
Contact Email mail@cfmt.org
CEO/Executive Director Ms. Ellen E. Lehman
Board Chair Mrs. Jerry Williams
Board Chair Company Affiliation Leadership Nashville
Year of Incorporation 1991
Former Names
Nashville Area Community Foundation, Inc.

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