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        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>CHARLY LYONS</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <AverageHoursPerWeekRltdOrgRt>0.00</AverageHoursPerWeekRltdOrgRt>
        <InstitutionalTrusteeInd>X</InstitutionalTrusteeInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <TotalReportableCompFromOrgAmt>0</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>0</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>0</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>false</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>false</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>false</CompensationFromOtherSrcsInd>
      <MembershipDuesAmt>213193</MembershipDuesAmt>
      <TotalContributionsAmt>213193</TotalContributionsAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>137046</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>137046</RelatedOrExemptFuncIncomeAmt>
      </InvestmentIncomeGrp>
      <NetIncmFromFundraisingEvtGrp>
        <TotalRevenueColumnAmt>0</TotalRevenueColumnAmt>
      </NetIncmFromFundraisingEvtGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>350239</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>137046</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>0</ExclusionAmt>
      </TotalRevenueGrp>
      <InfoInScheduleOPartIXInd>X</InfoInScheduleOPartIXInd>
      <FeesForServicesAccountingGrp>
        <TotalAmt>8700</TotalAmt>
        <ManagementAndGeneralAmt>8700</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <TravelGrp>
        <TotalAmt>403</TotalAmt>
        <ManagementAndGeneralAmt>403</ManagementAndGeneralAmt>
      </TravelGrp>
      <ConferencesMeetingsGrp>
        <TotalAmt>184088</TotalAmt>
        <ProgramServicesAmt>184088</ProgramServicesAmt>
      </ConferencesMeetingsGrp>
      <InsuranceGrp>
        <TotalAmt>2608</TotalAmt>
        <ProgramServicesAmt>2086</ProgramServicesAmt>
        <ManagementAndGeneralAmt>261</ManagementAndGeneralAmt>
        <FundraisingAmt>261</FundraisingAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>BOARD EXPENSES</Desc>
        <TotalAmt>1757</TotalAmt>
        <ManagementAndGeneralAmt>1757</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>SUPPLIES</Desc>
        <TotalAmt>468</TotalAmt>
        <ProgramServicesAmt>374</ProgramServicesAmt>
        <ManagementAndGeneralAmt>47</ManagementAndGeneralAmt>
        <FundraisingAmt>47</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>TELEPHONE AND INTERNET</Desc>
        <TotalAmt>847</TotalAmt>
        <ProgramServicesAmt>677</ProgramServicesAmt>
        <ManagementAndGeneralAmt>85</ManagementAndGeneralAmt>
        <FundraisingAmt>85</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>BANK CHARGES</Desc>
        <TotalAmt>9165</TotalAmt>
        <ProgramServicesAmt>9165</ProgramServicesAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>105030</TotalAmt>
        <ProgramServicesAmt>84000</ProgramServicesAmt>
        <ManagementAndGeneralAmt>10530</ManagementAndGeneralAmt>
        <FundraisingAmt>10500</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>313066</TotalAmt>
        <ProgramServicesAmt>280390</ProgramServicesAmt>
        <ManagementAndGeneralAmt>21783</ManagementAndGeneralAmt>
        <FundraisingAmt>10893</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>446390</BOYAmt>
        <EOYAmt>419116</EOYAmt>
      </CashNonInterestBearingGrp>
      <PledgesAndGrantsReceivableGrp>
        <BOYAmt>208949</BOYAmt>
      </PledgesAndGrantsReceivableGrp>
      <AccountsReceivableGrp>
        <BOYAmt>12683</BOYAmt>
        <EOYAmt>3500</EOYAmt>
      </AccountsReceivableGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>847330</BOYAmt>
        <EOYAmt>946085</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <TotalAssetsGrp>
        <BOYAmt>1515352</BOYAmt>
        <EOYAmt>1368701</EOYAmt>
      </TotalAssetsGrp>
      <DeferredRevenueGrp>
        <EOYAmt>90188</EOYAmt>
      </DeferredRevenueGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>90188</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>1515352</BOYAmt>
        <EOYAmt>1278513</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>1515352</BOYAmt>
        <EOYAmt>1278513</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>1515352</BOYAmt>
        <EOYAmt>1368701</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>37173</ReconcilationRevenueExpnssAmt>
      <PriorPeriodAdjustmentsAmt>-274012</PriorPeriodAdjustmentsAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="990A">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>236357</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>214500</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>228000</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>281500</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>213193</CurrentTaxYearAmt>
        <TotalAmt>1173550</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>236357</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>214500</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>228000</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>281500</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>213193</CurrentTaxYearAmt>
        <TotalAmt>1173550</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>1173550</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>124576</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>118681</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus1YearAmt>114403</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>137046</CurrentTaxYearAmt>
        <TotalAmt>494706</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <TotalSupportAmt>1668256</TotalSupportAmt>
      <PublicSupportCY170Pct>0.70350</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.79660</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="990D">
      <TotalRevEtcAuditedFinclStmtAmt>350239</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>350239</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>350239</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>313066</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>313066</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>313066</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Management duties delegation Part VI line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>PARTHENON PR IS UNDER CONTRACT WIHT THE TENNESSEE ECONOMIC PARTNERSHIP. JENA THOMAS IS THE PRIMARY POINT OF CONTACT FOR THE PARTHENON PR WHO PERFORMS MANAGEMENT RELATED SERVICES FOR TENNESSEE ECONOMIC PARTNERSHIPS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>A COPY OF THE 990 IS AVALIABLE TO DISTRIBUTE TO THE BOARD PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND COPIES OF THE 990 ARE MADE AVALIABLE UPON REQUEST AND ON GUIDESTAR.ORG</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>List of other expenses Part IX line 24e</FormAndLineReferenceDesc>
        <ExplanationTxt>CONSULTANTS: $105,000TAXES AND LICENSES: 30</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>