Nashville State Community College Foundation
120 White Bridge Road
Nashville TN 37209-4515
Student Services Building, Nashville State Community College Main Campus
Mission Statement

The Nashville State Community College Foundation works to expand access to higher education and further regional workforce and economic development. The Foundation raises funds for scholarship support and academic program support at Nashville State Community College.

 
Our ultimate goal is to help Nashville State provide an affordable education for anyone in Middle Tennessee who wants to gain knowledge and skills to increase their career potential, regardless of their ability to pay. By making the dream of attending and completing college a reality for Nashville State students, we provide those students a means of increasing their household income as we produce trained workers to meet Middle Tennessee's workforce needs. 
Leadership
CEO/Executive Director Ms. Lauren Bell
Board Chair Mr. Joey Hatch
Board Chair Company Affiliation Co-Chief Operating Officer, Skanska USA Building, Inc.
History & Background
Year of Incorporation 1994
Organization's type of tax exempt status 501-C3
Financial Summary
 
 
Projected Expenses $592,000.00
Projected Annual Revenue $595,424.00 (2017)
Statements
Mission

The Nashville State Community College Foundation works to expand access to higher education and further regional workforce and economic development. The Foundation raises funds for scholarship support and academic program support at Nashville State Community College.

 
Our ultimate goal is to help Nashville State provide an affordable education for anyone in Middle Tennessee who wants to gain knowledge and skills to increase their career potential, regardless of their ability to pay. By making the dream of attending and completing college a reality for Nashville State students, we provide those students a means of increasing their household income as we produce trained workers to meet Middle Tennessee's workforce needs. 
Background The Nashville Tech Foundation was chartered in March 1994 for the exclusive support of Nashville State Technical Institute with a primary mission of raising funds for student scholarships and academic programs insufficiently funded by other sources. On July 1, 2002, the Tennessee General Assembly and the Tennessee State Governor approved a mission expansion of Nashville State to become a comprehensive community college. With that change, the school was renamed Nashville State Technical Community College. There were no changes made to the mission of the Nashville Tech Foundation. In March 2005, the Nashville Tech Foundation officially changed its name to the Nashville State Community College Foundation to reflect the College’s name change. Since 1994, the Nashville State Community College Foundation has invested in the dreams of the students at the College by raising funds to support scholarships and academic programs and will continue to make these investments in the years to come.
Impact
In 2015-16, we began measuring the impact of our new Adult Scholarship Assistance Program (ASAP). 
  1. 238 low-income adults aged 25 and older in STEM (science, technology, engineering, math), culinary arts / hospitality, and healthcare programs were awarded over $393,000 in a combination of scholarship assistance and tuition credits. 
  2. 58% of our adult scholarship recipients were first-generation college students.
  3. The average GPA of our scholarship recipients was 24% higher than the average for non-scholarship students in the same fields of study. 
  4. The average retention rate was 18% higher among scholarship recipients than among their non-scholarship peers.
  5. The percentage of attempted credit hours was 9% higher among scholarship recipients than among their non-scholarship peers. 
Our goals for 2016-17 are:
  1. To develop a sustainable funding stream for our scholarship programs so that more students can receive financial aid to enroll in and graduate from Nashville State ready to enter the workforce.
  2. To explore partnerships with other Middle Tennessee nonprofits, providing a clear path for their clients to enroll, receive financial aid, and graduate with readily hirable job skills. 
  3. To increase our capacity to aid students by strengthening our presence in the community through our donor base and a heightened public awareness for our work.
Needs
  1. Financial support to fund need-based and program-specific scholarships for both adult students and traditional students
  2. Academic program support for curriculum development and equipment purchases and upgrades
  3. Faculty professional develop support so that faculty can keep up-to-date with changes in technology, research, teaching methodology, and new programs 
  4. Capital outlay and funding support to provide the College with additional operating dollars in lieu of reduced public funding
Service Categories
Primary Organization Category Education / Scholarships & Student Financial Aid
Secondary Organization Category Education / Undergraduate Colleges
Tertiary Organization Category Education / Two-Year Colleges
Areas of Service
Areas Served
TN - Cheatham
TN - Davidson
TN - Dickson
TN - Hickman
TN - Houston
TN - Humphreys
TN - Maury
TN - Montgomery
TN - Robertson
TN - Rutherford
TN - Stewart
TN - Sumner
TN - Williamson
TN - Wilson
Board Chair Statement
In today’s competitive workforce, higher education is essential for career success. Nashville State Community College equips its students with the tools necessary to be successful contributors to the workforce. To sustain the Nashville area economy, everyone needs to have the chance to complete a college education or obtain advanced and/or technical career training.
 
Our efforts are led by our dedicated Board of Trustees, representing a broad cross-section of business leaders who are committed to expanding access to higher education and furthering regional workforce and economic development. Several of our Board members are alumni of Nashville State or other community colleges around the country, so they know first-hand the impact that a community college education can have on a person's future. 
 
Since 2000, tuition and fees at Tennessee community colleges have more than doubled, making attending a public, two-year college unaffordable for many adult students (i.e, those individuals who do not qualify for Tennessee Promise funds). In addition, fewer scholarship opportunities are available for students who attend part-time and are often working as they attend. The Foundation is addressing these challenges by raising more scholarship dollars so that every student who wants to attend Nashville State has the opportunity to do so. 
 
Another challenge is the need for additional funds to continually improve academic programs and provide teachers with professional development on the newest technologies and methods available. Technology and teaching methods are ever-evolving and it is critical that students are taught using the newest tools and techniques. I have seen this institution change people’s lives and I know that, with the support of the Middle Tennessee community, Nashville State can be a driving force of community and economic development in the region and the answer for so many individuals who want to make a difference for themselves and their careers. Thank you for your support of Nashville State Community College and, most importantly, our students.
CEO Statement
Nashville State Community College Foundation's primary role is to provide scholarship assistance to students of Nashville State Community College and to raise funds that strengthen the programming of the College. Our goal is to develop financial resources that expand access to higher education in order to further Middle Tennessee's workforce and economic development. Nashville State Community College offers high demand academic degree and certificate programs and customized corporate training to more than 10,000 students each semester. 
 
Many of our students qualify as low-income; 57% receive financial aid in the form of grants or scholarships. More than 57% of our students attend part-time and many hold down full-time jobs while attending. Our students overcome tremendous obstacles to get their educations, but their time spent at the College provides them with the skills necessary for a successful future in the workforce or as they pursue additional education at four-year universities. 
 
Our graduates contribute to the economic sustainability of the region and provide area businesses with a steady stream of qualified employees; approximately 80% of Nashville State's graduates reside in Middle Tennessee after graduation. Additionally, Nashville State provides education and training for area businesses, further strengthening the regional workforce. Nashville State Community College is a sound investment not only in the lives of our students, but also in Nashville's future.
Programs
Description
The NSCC Foundation raises funds for student scholarship support; 57% of NSCC students receive financial aid and many could not attend without aid. The financial support we provide helps students complete their education by alleviating the burden of tuition and fees. Annual program success is measured by the amount of scholarship support awarded and number of students assisted.
 
The Foundation oversees a number of endowed scholarships also also raises annual scholarship support from individuals, organizations, corporations, and private foundations whose philanthropic priorities align with the College's mission and purpose, as well as through special events such as Tennessee Flavors.
 
The number of students who are able to attend our institution directly impacts the Middle Tennessee workforce; a workforce comprised of well-trained employees ultimately results in a strong Middle Tennessee economy.  
Budget 108099
Category
Population Served , ,
Description
The NSCC Foundation solicits support from individuals, businesses, and organizations that benefit from strengthening the College’s academic programs. Community colleges have the flexibility to create, re-structure, or refine academic programs to address current industry employment needs. Area organizations that partner with the College have the opportunity to influence curriculum so that our students are equipped with the most up-to-date skills necessary for being successful workforce contributors and that the partnering organization’s future employment needs are met.
Category
Population Served , ,
CEO Comments
Nashville / Davidson County is facing significant challenges in terms of poverty, unemployment, and education, especially among communities of color. According to the 2015 Community Needs Evaluation released by Metro Social Services in March 2016, the percentage of Davidson County residents who live in poverty has increased significantly between 2000 and 2014. 
 
Many low-income area residents are eager to improve their job prospects and the City has numerous jobs available, especially in technology, hospitality, and healthcare. Nashville State provides specialized training in all of these fields for a low cost and on a short timeline so that students can get finished and get to work sooner. The challenge is to help those low-income students who want to attend Nashville State but find the cost of tuition cost-prohibitive find solutions that help them attend.
 
Recent educational initiatives such as Tennessee Promise and the Hope Scholarship have focused on making college more affordable for new high school graduates, but there are few financial resources for adult students. To address this need, in 2013, the Foundation began focusing on assistance for adult students (age 25 and older) and created a last-dollar support program that pays after any and all other financial aid has been applied, including federal Pell Grants and other such assistance, scholarships, and/or tuition discounts.
 
We also provide scholarship assistance to students from specific populations and/or degree programs, as directed by donors, and we provide faculty and staff grant assistance for projects that enhance student experiences outside the traditional classroom environment.
Board Chair
Board Chair Mr. Joey Hatch
Company Affiliation Co-Chief Operating Officer, Skanska USA Building, Inc.
Term July 2016 to June 2018
Email joey.hatch@skanska.com
Board Members
NameAffiliationStatus
Mr. Vic Alexander Chief Manager, Kraft CPAs PLLCVoting
Ms. Lauren Bell Director of Development, Nashville State Community College FoundationExofficio
Mr. Ryan Cain Vice President, Aegis HealthVoting
Mr. Bob Clement President, Bob Clement ConsultingVoting
Ms. Kathy Cloninger Chief Executive Officer Emeritus, Girls Scouts USAVoting
Mr. Dell Crosslin Managing Principal, Crosslin and AssociatesVoting
Mr. Chad Custer Chief Operating Officer and Operating Partner, Nelson MazdaVoting
Ms. Nancy Eisenbrandt Chief Operating Officer, Nashville Area Chamber of CommerceVoting
Mr. Stephen Francescon Community Relations Manager, Piedmont Natural GasVoting
Mr. Bob Grohovsky Commercial Sales, MicrosoftVoting
Mr. Joey Hatch Co-Chief Operating Officer, Skanska USA Building, Inc.Voting
Mr. Jamal Hipps Owner and Chief Creative Officer, MPYER Marketing & AdvertisingVoting
Ms. Michelle Joyner Director of Development, Nashville State Community College FoundationExofficio
Chef Max Knoepfel Executive Chef, Music City CenterVoting
Mr. Brian Moyer Nashville Technology CouncilVoting
Ms. Camellia Petty Broadcast Music Inc.Voting
Mr. Randy Rayburn Owner, Midtown CafeVoting
Mr. Nick Taras President Emeritus, Sysco NashvilleVoting
Dr. George H. Van Allen President, Nashville State Community CollegeExofficio
Ms. Kelly West Nashville Health Care CouncilVoting
Mr. Jeremy Yeagle Senior Vice President, Avenue BankVoting
Mr. Derek Young YMG Enterprises, LLCVoting
Board Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 20
Hispanic/Latino 0
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 17
Female 5
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 75%
Does the organization have written Board Selection Criteria? No
Does the organization have a written Conflict of Interest Policy? Yes
Percentage of Board Members making Monetary Contributions 100%
Percentage of Board Members making In-Kind Contributions 18%
Does the Board include Client Representation? No
Number of Full Board Meetings Annually 4
Standing Committees
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Executive
Finance
Board Development / Board Orientation
CEO Comments Both the Executive Director and the Director of Development are employees of Nashville State Community College and, therefore, participate in performance evaluations each year. The Director of Development is evaluated by the Executive Director and the Executive Director is evaluated by the President of the College.
Foundation Staff Comments The Foundation has a standing Board Committee for College Advocacy.
Executive Director/CEO
Executive Director Ms. Lauren Bell
Term Start Feb 2017
Email lauren.bell@nscc.edu
Experience


Former CEOs
NameTerm
Dr. Keith Ferguson June 2011 - Sept 2015
Ms. Karin Fielder Weaver Jan 2015 - Jan 2017
Staff
Full Time Staff 2
Part Time Staff 0
Volunteers 50
Contractors 0
Retention Rate 67%
Plans & Policies
Does the organization have a documented Fundraising Plan? Yes
Does the organization have an approved Strategic Plan? Yes
Number of years Strategic Plan Considers 5
When was Strategic Plan adopted? Jan 2007
In case of a change in leadership, is a Management Succession plan in place? Yes
Does the organization have a Policies and Procedures Plan? Yes
Does the organization have a Nondiscrimination Policy? Yes
Affiliations
AffiliationYear
AFP (Association of Fundraising Professionals)2000
Center for Nonprofit Management Excellence Network2006
Alignment Nashville1994
Tennessee Council for Resource Development2000
Tennessee Advancement Resources Council2000
Senior Staff
Title Director of Development
Experience/Biography
CEO Comments Both the Executive Director and the Director of Development are employees of Nashville State Community College and, therefore, participate in performance evaluations each year. The Director of Development is evaluated by the Executive Director and the Executive Director is evaluated by the President of the College.
 
 
Fiscal Year
Fiscal Year Start July 01 2016
Fiscal Year End June 30 2017
Projected Revenue $595,424.00
Projected Expenses $592,000.00
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 Year201620152014
Foundation and
Corporation Contributions
$108,277$224,379$0
Government Contributions$0$0$0
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$0$0$0
Individual Contributions$163,557$162,730$550,179
$0$0$0
$0$0$0
Investment Income, Net of Losses($10,270)$1,183$8,171
Membership Dues$0$0$0
Special Events$63,419$60,112($15,136)
Revenue In-Kind$33,084$34,633$0
Other$0($509)$25,517
Expense Allocation
Fiscal Year201620152014
Program Expense$498,763$361,329$320,158
Administration Expense$8,480$6,389$7,726
Fundraising Expense$1,333$208$0
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses0.701.311.83
Program Expense/Total Expenses98%98%98%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$1,108,100$1,106,095$986,162
Current Assets$683,174$743,381$654,065
Long-Term Liabilities$0$0$0
Current Liabilities$159,413$8,849$3,548
Total Net Assets$948,687$1,097,246$982,614
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities4.2984.01184.35
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets0%0%0%
Top Funding Sources
Fiscal Year201620152014
Top Funding Source & Dollar AmountContributions, Gifts and Grants $163,557Foundations and Corporations $224,379Contributions, Gifts and Grants $550,179
Second Highest Funding Source & Dollar AmountFoundations and Corporations $108,277Contributions, Gifts and Grants $162,730Unrealized Gains $25,517
Third Highest Funding Source & Dollar AmountFundraising Events $63,419Fundraising Events $60,112Investment Income $8,171
Capital Campaign
Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No
Capital Campaign Goal $0.00
Capital Campaign Anticipated in Next 5 Years? No
Organizational Budgets and Other Documents
FY17 Budget Projection2017
Organization Comments
The Foundation provides aid to students through various scholarships. These scholarships come from a mix of unrestricted funding given for the purpose of supporting Nashville State students and from restricted gifts from donors who wish to establish a named or endowed scholarship fund with a specific award amount and selection criteria.
GivingMatters.com Financial Comments
Financial figures are taken from the 990.
990 was prepared by Jennings & Clouse, PLC.
Comments provided by Kathryn Bennett 5/24/17.
 
Nonprofit Nashville State Community College Foundation
Address 120 White Bridge Road
Nashville, TN 37209 4515
Primary Phone (615) 353-3222
Contact Email foundation@nscc.edu
CEO/Executive Director Ms. Lauren Bell
Board Chair Mr. Joey Hatch
Board Chair Company Affiliation Co-Chief Operating Officer, Skanska USA Building, Inc.
Year of Incorporation 1994

Related Information

Workforce Development

With global competition, technological changes and the growth of knowledge- and service-based economies, even entry-level jobs require more advanced skills than they did several decades ago. There is great demand for workers with education, skills training or both, but jobs that require only a high school diploma are disappearing, or the wages they pay are dropping. Schools offer limited vocational training, and graduates often lack the practical job skills employers need.