2024-05-30T15:37:22-05:00 2023-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 201 NASHVILLE TN 37215 990 2022-07-01 620483210 MARTIN METHODIST FOUNDATION (FORMERLY MARTIN METHODIST COLLEGE) MART 6159695327 1600 DIVISION STREET SUITE 700 NASHVILLE TN 37203 RICHARD WARREN CHAIRMAN 6159695327 2024-05-30 1 RICHARD WARREN 999009999 0 SCOTT L ROMANS CPA P01066069 6153205500 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD WARREN 1600 DIVISION ST STE 700 NASHVILLE TN 37203 1089438 0 X N/A X 1909 TN TO RECEIVE, INVEST AND DISTRIBUTE AMOUNTS AMOUNTS TO ORGANIZATIONS TO WHICH CONTRIBUTIONS ARE DEDUCTIBLE UNDER SECTION 170(C)(1), SECTION 642(C), SECTION 2055(A), AND SECTION 2533 OF THE INTERNAL REVENUE CODE, OR ANY CORRESPONDING PROVISIONS OF FUTURE TAX LAWS. 26 26 0 0 0 0 109544 339374 575385 0 943964 750064 0 0 1628893 1089438 0 219653 0 0 0 0 0 0 0 167577 315908 167577 535561 1461316 553877 12674695 13340785 270457 270457 12404238 13070328 X ON JULY 1, 2021, AN ASSET TRANSFER AND TRANSITION AGREEMENT WAS MADE BETWEEN THE COLLEGE AND THE UNIVERSITY OF TENNESSEE. THE AGREEMENT ENABLED THE UNIVERSITY OF TENNESSEE TO ABSORB THE COLLEGE'S INSTITUTIONAL ASSETS AND OPERATIONS FOR THE PURPOSE OF ESTABLISHING A NEW CAMPUS OF THE UNIVERSITY OF TENNESSEE AT THE COLLEGE'S CAMPUS TO BE CALLED THE UNIVERSITY OF TENNESSEE, SOUTHERN. THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE APPROVED THE NEW CAMPUS AND RELATED TRANSACTIONS ON APRIL 29, 2021, EFFECTIVE JULY 1, 2021. THE RETENTION AND MANAGEMENT OF THE MARTIN METHODIST COLLEGE ENDOWMWNTBY THE EXISTING MARTIN METHODIST COLLEGE (NOW MARTIN METHODIST FOUNDATION) NONPROFIT CORPORATION ARE TO BE USED FOR CHARITABLE PURPOSES ACCEPTABE TO THE TENNESSEE CONFERENCE OF THE UNITED METHODIST CHURCH. 0 0 219653 219653 ON JULY 1, 2021, AN ASSET TRANSFER AND TRANSITION AGREEMENT WAS MADE BETWEEN THE COLLEGE AND THE UNIVERSITY OF TENNESSEE. THE AGREEMENT ENABLED THE UNIVERSITY OF TENNESSEE TO ABSORB THE COLLEGE'S INSTITUTIONAL ASSETS AND OPERATIONS FOR THE PURPOSE OF ESTABLISHING A NEW CAMPUS OF THE UNIVERSITY OF TENNESSEE AT THE COLLEGE'S CAMPUS TO BE CALLED THE UNIVERSITY OF TENNESSEE, SOUTHERN. THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE APPROVED THE NEW CAMPUS AND RELATED TRANSACTIONS ON APRIL 29, 2021, EFFECTIVE JULY 1, 2021. 219653 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RICHARD F WARREN 6159695327 1600 DIVISION STREET SUITE 700 NASHVILLE TN 37203 RICHARD F WARREN CHAIRMAN 5.00 X X 0 0 0 BYRON R TRAUGER TRUSTEE 5.00 X X 0 0 0 TIM UNDERWOOD TRUSTEE 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 339374 339374 308711 308711 441353 0 441353 441353 441353 1089438 0 0 750064 219653 219653 35129 35129 21000 21000 PROFESSIONAL FEES & CON 126626 126626 BANK AND INVESTMENT SE 107743 107743 DATA SECURITY 22500 22500 OTHER EXPENSES 2910 2910 535561 219653 315908 0 881423 828899 75431 75429 11638659 12357275 79182 79182 12674695 13340785 270457 270457 270457 270457 X 57100 17556 12347138 13052772 12404238 13070328 12674695 13340785 553877 112213 0 X 0 0 0 X 109544 385498 495042 109544 385498 495042 495042 495042 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12347138 105812 13052772 16985337 109544 12369 12347138 14329758 184019 1886849 480217 104494 15815915 14661597 140075 -175052 123061 98278 14405281 15178904 72246 84449 574727 99275 14661597 1 0 0 ANNUITIES PAYABLE 270457 270457 X 1201651 112213 112213 1089438 0 1089438 535561 0 535561 0 535561 PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUDE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSIITONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSIITONS, ANY UNRECOGNIZED TAX BENEFIT IS ESTIMATED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE COLLEGE INCLUDE, BUT ARE NOT LIMITED TO, THE TAX EXEMPT STATUS AND DETERMINATION OF WHETHER CERTAIN INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. 1 UNIVERSITY OF TENNESSEE SOUTHERN 433 W MADISON ST PULASKI TN 38478 501(C)(3) 219653 0 EDUCATION GRANTS TO FUND SCHOLARSHIPS FOR STUDENTS 1 PART I, LINE 2: GRANT FOR SCHOLARSHIPS AT UNIVERSITY OF TENNESSEE SOUTHERN X 1 1 X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ENTITY OFFICIALS, IN CONSULTATION WITH THE PAID PREPARER, WILL COMPLETE AND REVIEW FORM 990. UPON REVIEW AND DETERMINATION IT HAS BEEN COMPLETED TO THE BEST OF THEIR ABILITY, IT WILL BE PRESENTED TO THE BOARD CHAIR. THE BOARD CHAIR WILL REVIEW AND APPROVE THE FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST CERTIFICATION IS COMPLETED, REVIEWED, AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 BOOARD MEMBER RECEIVE NO COMPENSATION. THERE ARE NO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST