2019-08-26T16:00:09-05:00 2018-12-31 560574444 CHERRY BEKAERT LLP 3310 WEST END AVE STE 550 NASHVILLE TN 37203 990 2018-01-01 510196924 YMCA FOUNDATION OF MIDDLE TENNESSEE YMCA 6152599622 1000 CHURCH STREET NASHVILLE TN 372033420 JOSEPH W HARWELL CHIEF FINANCIAL OFFICER 2019-08-26 true SARA G MOON P00034774 6153836592 2018 2019-02-21 02:37:17Z JOSEPH W HARWELL 1000 CHURCH STREET NASHVILLE TN 372033420 686759 false X WWW.YMCAFOUNDATION.ORG X 1969 TN Endowment Fund 28 28 0 29 0 0 170094 232132 0 174529 215445 1333 4452 345956 452029 104450 365765 0 0 30240 30240 42755 56902 47633 191592 443638 154364 8391 9623817 8989580 39074 36044 9584743 8953536 The organization maintains a permanent endowment fund for the benefit of the YMCA of Middle Tennessee, as its trustees in their discretion deem best, giving priority to the use of endowment funds for major maintenance, modernization or expansion of facilities, extension of services and developing and training professional leadership. false false 336036 336036 The Foundation maintains an endowment fund for the exclusive benefit of the YMCA of Middle Tennessee. Earnings on the endowment are used for programs and services of the YMCA. During 2018, the Foundation made grants to the YMCA totaling $365,765. 30309 29729 In addition to the endowment fund, the Foundation also maintains a few small philanthropic funds. Similar to donor advised funds, principal and earnings on these funds are used to support the charitable interests of the individuals who established them. During 2018, these funds were used to support 4 charitable organizations around middle Tennessee in the amount of $29,729. 366345 true true false false true false false false true false false false false true true true false false false false false false true true false false true false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false true false false false false false false false false X 28 28 false false false false false false false true true false false true true true true false false false false false TN X X X JOSEPH W HARWELL 6152599622 1000 CHURCH STREET NASHVILLE TN 37203 Walter Hale Board Chair 1.0 X X 0 0 0 Joe Levi Treasurer of the Board 1.0 X X 0 0 0 Charley Martin Secretary of the Board 1.0 X X 0 0 0 Liz Allbritton Board of Directors 1.0 X 0 0 0 Lee Barfield Board of Directors 1.0 X 0 0 0 Wood Caldwell Board of Directors 1.0 X 0 0 0 Fred Cassetty Board of Directors 1.0 X 0 0 0 George Cate Board of Directors 1.0 X 0 0 0 Joyce Cook Board of Directors 1.0 X 0 0 0 Florence Davis Board of Directors 1.0 X 0 0 0 Catherine Gemmato-Smith Board of Directors 1.0 X 0 0 0 Homer Gibbs Board of Directors 1.0 X 0 0 0 Jimmy Granbery Board of Directors 1.0 X 0 0 0 John Groomes Board of Directors 1.0 X 0 0 0 Bill Henderson Board of Directors 1.0 X 0 0 0 Granbery Jackson Board of Directors 1.0 X 0 0 0 Tony Johnston Board of Directors 1.0 X 0 0 0 Roy Jordan Board of Directors 1.0 X 0 0 0 Walter Knestrick Board of Directors 1.0 X 0 0 0 Ron Knox Jr Board of Directors 1.0 X 0 0 0 Walt Leaver Board of Directors 1.0 X 0 0 0 Bill Lee Board of Directors 1.0 X 0 0 0 Dick Murphy Board of Directors 1.0 X 0 0 0 Bob Napier Board of Directors 1.0 X 0 0 0 Marshall Polk Board of Directors 1.0 X 0 0 0 Blaine Smith Board of Directors 1.0 X 0 0 0 Jimmy Webb Board of Directors 1.0 X 0 0 0 Bill Wilson Board of Directors 1.0 X 0 0 0 Dan Dummermuth President & CEO 2.0 45.0 X 0 418116 29890 Peter Oldham Executive VP & CAO 15.0 30.0 X 0 229300 30325 Julie Sistrunk Chief Development Officer 20.0 25.0 X 0 198775 31056 Joseph Harwell Chief Financial Officer 5.0 45.0 X 0 184039 30363 0 1030230 121634 0 false true false 0 X 0 0 7268 0 0 224864 232132 0 0 0 0 0 198278 198278 0 0 251897 234730 17167 0 17167 17167 0 7268 MISCELLANEOUS INCOME 900099 4452 4452 0 0 0 0 4452 452029 0 0 219897 365765 365765 0 0 7671 7671 9150 9150 30240 30240 0 0 0 0 270 270 3000 3000 1638 450 1188 0 0 0 0 656 656 LEASED EMPLOYEE EXPENSES 22688 22688 MISCELLANEOUS EMPLOYEE SPEND 1980 1980 MISCELLANEOUS EXPENSES 580 580 0 0 0 0 443638 366795 34088 42755 89442 140332 1660433 189715 385 11835 0 0 0 0 0 0 0 7542709 8303762 0 0 330848 343936 9623817 8989580 5096 4556 0 0 0 0 0 0 0 33978 31488 39074 36044 8630641 7987984 954102 965552 0 0 9584743 8953536 9623817 8989580 X 8391 -607309 -41130 8841 X false true X true false X X 1 YMCA of Middle Tennessee 620476243 7 true 339536 0 1 339536 0 true false false false false true false false false false false false false false false false Schedule A, Part IV, Section A, Line 6 Support to other supported orgs The Foundation also maintains a few small philanthropic funds. Similar to donor advised funds, principal and earnings on these funds are used to support the charitable interests of the individuals who established them. During 2018, these funds were used to support charitable organizations in Nashville, TN in the amount of $26,229. Schedule A, Part IV, Section C, Line 1 Majority director detail The involvement of the supported organization's, YMCA of Middle Tennessee, CAO, CFO, & CDO supervising the Foundation activities establishes Type II status. Over 25% of the support organization's board members are also board members of the supported organization. 2 15000 29729 26939 true true 954102 11450 0 965552 1454817 -500715 0 954102 954717 500100 0 1454817 953717 1000 0 954717 953717 0 953717 0.0 0.0 1.0 false false Liability associated with charitable gift annuities 31488 31488 X -187569 -607309 8841 -598468 410899 41130 0 41130 452029 443638 0 0 443638 0 0 443638 Schedule D, Part V, Line 1b Schedule D, Part V, Line 1b The amount included in the current year (column (A)) for line 1b include a release of restrictions and subsequent reduction in the endowment fund. Schedule D, Part V, Line 4 Intended uses of endowment funds The organization's endowment funds benefit the YMCA of Middle Tennessee, giving priority to major maintenance, modernization or expansion of facilities, extension of services, and developing and training professional leadership. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation qualifies as a not-for-profit organization exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. No provision for federal income taxes is included in the accompanying financial statements. The Organization files a U.S. federal Form 990 for organizations exempt from income tax and a U.S. federal Form 5227, a split-interest trust information return, for the pooled income fund. The Foundation follows Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") guidance related to unrecognized tax benefits. The guidance clarifies the accounting for uncertainty in income taxes recognized in an organization's financial statements. This guidance prescribes a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. The Foundation has no tax penalties or interest reported in the accompanying financial statements. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CSV of Life Insurance Policies - 13087 Change in value of split-interest agreements - -4246 X X X X X X true Clark D Baker 207 Belclaire Place Nashville TN 37205 Fundraising Consultation Services false 30240 30240 30240 0 30240 TN Adam Stein 7268 7268 0 0 0 7268 7268 0 true YMCA of Middle Tennessee 1000 Church Street Nashville TN 37203 620476243 339536 General Fund The Community Foundation of Middle Tennessee 3833 Cleghorn Avenue Suite 400 Nashville TN 37215 621471789 21229 General Fund 2 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The Foundation does not monitor the use of grant funds. Grants are primarily made to the YMCA of Middle Tennessee and/or to, a much lesser extent, other 501c(3) organizations. The majority of the other 501c(3) organizations are Nashville based. false false false false false false false Dan Dummermuth President & CEO 0 417077 0 0 0 1039 0 26500 0 3390 0 448006 0 0 Peter Oldham Executive VP & CAO 0 227962 0 0 0 1338 0 23481 0 6844 0 259625 0 0 Julie Sistrunk Chief Development Officer 0 198080 0 0 0 695 0 20823 0 10233 0 229831 0 0 Joseph Harwell Chief Financial Officer 0 183000 0 0 0 1039 0 19397 0 10966 0 214402 0 0 Form 990, Part VI, Line 15 Compensation of Officers and Employees The Foundation does not compensate its officers or employees. Such persons are compensated by the YMCA of Middle Tennessee. The YMCA and the YMCA Foundation mutually agree upon the percentage of time that Foundation employees dedicate to their Foundation duties, and the Foundation reimburses the YMCA for that percentage of their compensation. Form 990, Part VI, Line 11b Review of form 990 by governing body The YMCA's CFO works with the Foundation's auditors to prepare the 990. After being reviewed by the CFO, the 990 is distributed to board members via e-mail and/or regular mail prior to it being filed with the IRS. Board members are afforded what the organization believes to be a reasonable amount of time to review the 990. Board members are requested to notify the CFO when they have completed their review. Form 990, Part VI, Line 12c Conflict of interest policy The organization utilizes the Conflicts Committee of the YMCA of Middle Tennessee, which is composed of 3 volunteers. This committee annually distributes a copy of the Foundation's conflicts policy and a disclosure statement. The disclosure statements are reviewed by the Conflicts Committee. The Conflicts Committee has full power to evaluate and approve or disapprove any transaction presented as a potential conflict. Board members and senior executives are under a continuing responsibility to notify the Conflicts Committee about potential conflicts that may arise prior to the distribution of the next annual disclosure statement. Any member of the Foundation's board who has a potential conflict of interest in a specific action under consideration at a board meeting is expected to recuse him/herself from any influence on such action, request the minutes of the meeting noting his or her abstention and, where appropriate, leave the room during discussion of the action. Form 990, Part VI, Line 19 Required documents available to the public The Foundation's Form 990 is available to the public on its website, www.ymcafoundation.org. Its governing documents and conflict of interest policy are available upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CSV of Life Insurance Policies - 13087; Change in Value of Split Interest Agreements - -4246; YMCA of Middle Tennessee 1000 Church Street Nashville TN 37203 620476243 See Part VII TN 501(c)(3) 7 NA false false true false false false false false false false false false false false true true true false false false Schedule R, Part II, Column (b) Primary Activity A worldwide charitable fellowship united by a common loyalty to Jesus Christ for the purpose of helping people grow in spirit, mind and body.