Home › Philanthropy, voluntarism & grantmaking
The Community Foundation of Middle Tennessee
The Community Foundation of Middle Tennessee reported $239.9 million in revenue and $129.7 million in expenses for calendar year 2024. Of every $100 it spent, $93.23 went to program services, $5.18 to management and general costs and $1.59 to fundraising. Its largest source of revenue was contributions and grants: 90.2% of the total. Government grants made up 13.5%. The highest compensation it reported for one person was $271,697 (CHIEF EXECUTIVE OFFICER). 13 people received more than $100,000 in reportable compensation. Revenue rose 284% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $130MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $240MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.2% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.2% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.6% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 90.2% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 13.5% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $271,697 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.21% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 13 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 74.3 | 56.6 |
| Independent voting board members Part VI 1a–1b | 42 of 43 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseCommunity Foundation of Middle tennessee makes giving impactful and straightforward. Through grantmaking, philanthropic services, and community leadership, cfmt connects people and resources to support nonprofits, address urgent needs, and invest in solutions that help middle tennessee thrive today and for generations to come
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Director/trustee, officer, 50.00 hrs/week | $263,822 | $0 | $7,875 | $271,697 |
| CHIEF FINANCIAL OFFICER Officer, 50.00 hrs/week | $201,306 | $0 | $7,000 | $208,306 |
| VP OF HR AND ADMIN Highest compensated employee, 50.00 hrs/week | $142,394 | $0 | $14,170 | $156,564 |
| VP OF COMMUNICATIONS Highest compensated employee, 50.00 hrs/week | $134,022 | $0 | $16,735 | $150,757 |
| SR MGR PHILANTHROPIC RELAT Highest compensated employee, 50.00 hrs/week | $133,939 | $0 | $13,718 | $147,657 |
| SR ENTERTAIN. & DON. REL. Highest compensated employee, 50.00 hrs/week | $130,764 | $0 | $13,679 | $144,443 |
| DIR DONOR ENGAGEMENT (END 10/24) Highest compensated employee, 50.00 hrs/week | $117,381 | $0 | $11,234 | $128,615 |
13 people received more than $100,000 in reportable compensation from The Community Foundation of Middle Tennessee (Part VII, line 2). Compensation of current officers, directors and key employees totaled $480K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b43 · 42 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 558
- Volunteers Part I, line 650
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CBIZ INVESTMENT ADVISORY SERVICES Investment manager | $329,102 |
| PROFESSIONAL GOLF EVENTS LLC Event managment | $227,398 |
| GAYLORD TEXAN RESORT & CONVENTION CENTER Event hosting | $207,685 |
| GAYLORD OPRYLAND RESORTS CONVENTION CENT Event hosting | $180,586 |
| HERMITAGE GOLF COURSE Event hosting | $169,143 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
63 private foundations reported grants to The Community Foundation of Middle Tennessee totaling $5.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Community Foundation of Middle Tennessee's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Community Foundation of Middle Tennessee, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Community Foundation of Middle Tennessee spent in 2024, $93.23 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Lettie Pate Whitehead FoundationAtlanta, GA · revenue $233M · programs 97.9% · 2024
- T Rowe Price Program for Charitable GivingBaltimore, MD · revenue $241M · programs 99.4% · FY2026
- Charter FundDenver, CO · revenue $232M · programs 95.6% · 2024
- New PartnersNew York, NY · revenue $244M · programs 92.0% · 2024
- New Hampshire Charitable FoundationConcord, NH · revenue $231M · programs 90.0% · 2024
All philanthropy, voluntarism & grantmaking charities · Largest charities in Tennessee
Questions people ask
How much of The Community Foundation of Middle Tennessee's spending goes to programs?
In calendar year 2024, The Community Foundation of Middle Tennessee reported that 93.2% of its $129.7 million in expenses went to program services, 5.2% to management and general and 1.6% to fundraising (Form 990, Part IX).
How much does The Community Foundation of Middle Tennessee pay its top executive?
The largest total compensation The Community Foundation of Middle Tennessee reported for one person in calendar year 2024 was $271,697, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Community Foundation of Middle Tennessee get its money?
Of $239.9 million in revenue in calendar year 2024, 90.2% came from contributions and grants (including 13.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is The Community Foundation of Middle Tennessee a registered charity?
The IRS lists EIN 62-1471789 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533189349307498 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433199349303953 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342979349301889 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213189349301896 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123169349307827 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023039349300607 · read the filing
All filings for EIN 62-1471789: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.