Nonprofit · EIN 62-1865935
THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE
Tax-exempt · NASHVILLE, TN 37214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,262,981 | $859,344 | $403,637 | $2,888,126 | $0 | $2,888,126 |
| June 30, 2024 | 990 | $854,672 | $1,216,738 | -$362,066 | $2,484,489 | $0 | $2,484,489 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,190,570
- Program service revenue
- $0
- Investment income
- $72,411
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $207,124
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $33,000
- Program services (functional)
- $207,124
- Management and general (functional)
- $648,059
- Fundraising (functional)
- $4,161
Balance sheet and other
- Total assets, start of year
- $2,484,489
- Total assets, end of year
- $2,888,126
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,888,126
- Net assets without donor restrictions
- $131,245
- Net assets with donor restrictions
- $2,756,881
- Gross receipts
- $1,262,981
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ryan Ball | Trustee Trustee or director | 1 | $0 |
| Sheila Boyington | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Dan Caldwell | Secretary Trustee or director, Officer | 1 | $0 |
| Erik Clinite | President Trustee or director, Officer | 1 | $0 |
| Anthony Castro | Trustee Secretary Trustee or director | 1 | $0 |
| Leo R Meany | Trustee Trustee or director | 1 | $0 |
| Stephen Fulgham | Trustee Trustee or director | 1 | $0 |
| Wendell Moore | Trustee Trustee or director | 1 | $0 |
| Jennifer Kinsey | Treasurer Trustee or director, Officer | 1 | $0 |
| Susan Rhodes | Trustee President Trustee or director | 1 | $0 |
| Wes Stowers | Trustee Trustee or director | 1 | $0 |
| Regent Danni B Varlan | Trustee Trustee or director | 1 | $0 |
| Greg A Vital | Trustee Trustee or director | 1 | $0 |
| Dr L Anthony Wise Jr | Trustee Trustee or director | 1 | $0 |
| Dr Flora W Tydings | Ex-Officio Member Trustee or director | 0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Kim McCormick | Ex-Officio Member Trustee or director | 0 | $0 |
| Cris Perkins | Executive Director Trustee or director | 0 | $0 |
| Bart Herbison | Trustee Trustee or director | 0 | $0 |
| Drew Salyer | Trustree Trustee or director | 0 | $0 |
| Dr Burton Williams | Trustee Trustee or director | 0 | $0 |
| Mae Wright | Trustee Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ryan Ball | Trustee Trustee or director | 1 | $0 |
| Sheila Boyington | Trustee Vice Chair Trustee or director, Officer | 1 | $0 |
| Dan Caldwell | Trustee Trustee or director | 1 | $0 |
| Erik Clinite | Trustee Treasurer Trustee or director, Officer | 1 | $0 |
| Ryan Lucas | Trustee Secretary Trustee or director, Officer | 1 | $0 |
| Leo R Meany | Trustee Trustee or director | 1 | $0 |
| Stephen Milligan | Trustee Trustee or director | 1 | $0 |
| Wendell Moore | Trustee Trustee or director | 1 | $0 |
| Scott Ogden | Trustee Trustee or director | 1 | $0 |
| Susan Rhodes | Trustee President Trustee or director, Officer | 1 | $0 |
| Wes Stowers | Trustee Trustee or director | 1 | $0 |
| Regent Danni B Varlan | Trustee Trustee or director | 1 | $0 |
| Greg A Vital | Trustee Trustee or director | 1 | $0 |
| Dr L Anthony Wise Jr | Trustee Trustee or director | 1 | $0 |
| Dr Flora W Tydings | Ex-Officio Member Trustee or director | 0 | $0 |
| Dr Kim McCormick | Ex-Officio Member Trustee or director | 0 | $0 |
| Cris Perkins | Executive Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 BRIDGESTONE PARK FL 3, NASHVILLE, TN 37214-2454
- In care of
- % KEITH CRISTOPHER PERKINS
- Principal officer (990 for 2024)
- Keith Cristopher Perkins, 1 BRIDGESTONE PARK, FL 3, NASHVILLE, TN 37214
- Signed the 990
- Lottie Hooper, Accountant
- Phone
- (615) 366-4419
Mission
The mission of the Foundation is: to encourage support and promote the advancement and awareness of the System and its member institutions as it serves as a vital workforce development resource. The Foundation Board members will also be asked to assist the External Affairs Office and Assistant Vice Chancellor of Strategic Advancement in fundraising and capital campaigns as well as create opportunities for the System not provided by state funding for its member institutions.
Program accomplishments
- For the fiscal year ended June 30 2025 the Foundation raised 1,190,570 in cash contributions and disbursed 207,124 in scholarships awards and grants on behalf of the Tennessee Colleges of Applied Technology.Expenses $207,124 · grants $25,030 · revenue $1,190,570
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1865935
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $2,888,126
- Income (IRS master file)
- $1,262,981
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,262,981 | $859,344 | $2,888,126 | IRS |
| 990 | June 2024 | $854,672 | $1,216,738 | $2,484,489 | XML |
| 990 | June 2023 | $1,339,789 | $800,201 | $2,846,555 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1865935).
Questions about THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE
- What is the EIN of THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE?
- The employer identification number (EIN) of THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE is 62-1865935.
- Is THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE?
- The 990 for the year ended June 30, 2025 names Keith Cristopher Perkins.
- Who are the officers and directors of THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE?
- The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does THE FOUNDATION FOR THE COLLEGE SYSTEM OF TENNESSEE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,262,981, expenses of $859,344 and total assets of $2,888,126 at year end.
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