The Foundation for the College System of Tennessee
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.5M
-12.7% YoY
Annual Giving
$515K
Grant Count
2
Avg Grant Size
$258K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,484,489 | $2,846,555 | $2,306,967 |
| Revenue | $854,672 | $1,339,789 | $1,099,205 |
| Expenses | $1,216,738 | $800,201 | $507,121 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $19,216 | $658 | $652 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Foundation for the College System of Tennessee fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ryan Ball | Trustee | 1 | — |
| Sheila Boyington | Trustee Vice Chair | 1 | — |
| Dan Caldwell | Trustee | 1 | — |
| Erik Clinite | Trustee Treasurer | 1 | — |
| Ryan Lucas | Trustee Secretary | 1 | — |
| Leo R Meany | Trustee | 1 | — |
| Stephen Milligan | Trustee | 1 | — |
| Wendell Moore | Trustee | 1 | — |
| Scott Ogden | Trustee | 1 | — |
| Susan Rhodes | Trustee President | 1 | — |
| Wes Stowers | Trustee | 1 | — |
| Regent Danni B Varlan | Trustee | 1 | — |
| Greg A Vital | Trustee | 1 | — |
| Dr L Anthony Wise Jr | Trustee | 1 | — |
| Dr Flora W Tydings | Ex-Officio Member | — | — |
| Dr Kim McCormick | Ex-Officio Member | — | — |
| Cris Perkins | Executive Director | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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