2016-08-15T10:01:11-05:00 2015-12-31 621073578 FRASIER DEAN & HOWARD PLLC 3310 WEST END AVE STE 550 NASHVILLE TN 37203 990 2015-01-01 510196924 YMCA FOUNDATION OF MIDDLE TENNESSEE YMCA 6152599622 1000 CHURCH STREET NASHVILLE TN 372033420 JOSEPH W HARWELL CHIEF FINANCIAL OFFICER 2016-08-15 true SARA G MOON P00034774 6153836592 X 2015 2016-12-15 16:53:06Z JOSEPH W HARWELL 1000 CHURCH STREET NASHVILLE TN 372033420 407817 false X WWW.YMCAFOUNDATION.ORG X 1969 TN ENDOWMENT FUND 33 32 0 37 0 0 580518 192256 0 222718 206050 567 0 803803 398306 754505 356431 0 0 21600 37479 53934 46467 808439 424498 -4636 -26192 8317785 7904791 55551 145579 8262234 7759212 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 322553 322553 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 2015, THE FOUNDATION MADE GRANTS TO THE YMCA TOTALING $322,553. 34454 33878 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 2015, THESE FUNDS WERE USED TO SUPPORT 5 CHARITABLE ORGANIZATIONS IN NASHVILLE, TN AND 1 CHARITABLE ORGANIZATION IN PALM BEACH, FL , IN THE AMOUNT OF $33,878. 357007 true true false 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 false false false false false false false X 33 32 false false false false false false false true true false false true true true true false false false false false TN X X X PETER OLDHAM 6152599622 1000 CHURCH STREET NASHVILLE TN 37203 R WALTER HALE III SECRETARY 1.0 X X 0 0 0 RONALD F KNOX JR BOARD CHAIR 1.0 X X 0 0 0 WILLIAM SPITZ TREASURER 1.0 X X 0 0 0 J HUNTER ATKINS BOARD OF DIRECTORS 1.0 X 0 0 0 H LEE BARFIELD II BOARD OF DIRECTORS 1.0 X 0 0 0 WOOD CALDWELL BOARD OF DIRECTORS 1.0 X 0 0 0 GEORGE H CATE JR BOARD OF DIRECTORS 1.0 X 0 0 0 JOYCE I 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 ROUPEN M GULBENK BOARD OF DIRECTORS 1.0 X 0 0 0 CLIFFORD HARRISON JR BOARD OF DIRECTORS 1.0 X 0 0 0 WILLIAM I HENDERSON BOARD OF DIRECTORS 1.0 X 0 0 0 ROY JORDAN BOARD OF DIRECTORS 1.0 X 0 0 0 WALTER G KNESTRICK BOARD OF DIRECTORS 1.0 X 0 0 0 JAMES LAWRENCE BOARD OF DIRECTORS 1.0 X 0 0 0 WALT LEAVER BOARD OF DIRECTORS 1.0 X 0 0 0 WILLIAM LEE BOARD OF DIRECTORS 1.0 X 0 0 0 JOSEPH LEVI BOARD OF DIRECTORS 1.0 X 0 0 0 CHARLES C MARTIN JR BOARD OF DIRECTORS 1.0 X 0 0 0 RICHARD MURPHY BOARD OF DIRECTORS 1.0 X 0 0 0 ROBERT H NAPIER BOARD OF DIRECTORS 1.0 X 0 0 0 GEORGE PUST BOARD OF DIRECTORS 1.0 X 0 0 0 LINDA REBROVICK BOARD OF DIRECTORS 1.0 X 0 0 0 DOUGLAS A SMALL BOARD OF DIRECTORS 1.0 X 0 0 0 BLAINE SMITH BOARD OF DIRECTORS 1.0 X 0 0 0 WILLIAM E TURNER JR BOARD OF DIRECTORS 1.0 X 0 0 0 WILLIAM B WADLINGTON BOARD OF DIRECTORS 1.0 X 0 0 0 JAMES A WEBB III BOARD OF DIRECTORS 1.0 X 0 0 0 WILLIAM M WILSON BOARD OF DIRECTORS 1.0 X 0 0 0 BRENDA WYNN BOARD OF DIRECTORS 1.0 X 0 0 0 MR JAMES W GRANBERY BOARD OF DIRECTORS 1.0 X 0 0 0 FRANCIS S GUESS BOARD OF DIRECTORS 1.0 X 0 0 0 JACQUELYN D GUTHRIE BOARD OF DIRECTORS 1.0 X 0 0 0 PETER OLDHAM CHIEF ADMINISTRATIVE OFFICER 15.0 30.0 X 0 201964 29025 JULIE SISTRUNK SR VP OF PHILANTHROPY 20.0 25.0 X 0 175758 27262 DAN DUMMERMUTH PRESIDENT AND CEO 2.0 45.0 X 0 324522 37794 JOSEPH W HARWELL CHIEF FINANCIAL OFFICER 5.0 45.0 X 0 6770 0 ROBERT D IVY CHIEF FINANCIAL OFFICER 1.0 45.0 X 0 142688 21429 0 851702 115510 0 false true false 0 X 0 0 17843 0 0 174413 192256 Social Responsibility 0 0 Healthy Living 0 0 Youth Development 0 0 0 0 0 0 0 205586 205586 0 0 9975 9511 464 0 464 464 17843 0 0 0 0 0 398306 0 0 206050 356431 356431 0 0 139 139 8200 8200 21600 21600 0 0 0 0 49 49 3825 3825 1182 1182 0 0 0 0 656 656 LEASED EMPLOYEE EXPENSES 19786 19786 DONOR APPRECIATION EXPENSE 11788 11788 MISCELLANEOUS EXPENSES 842 576 266 0 0 0 0 424498 357007 30012 37479 48071 149261 341309 628757 1000 0 0 0 0 0 0 7590800 6821726 0 0 337605 304047 8317785 7904791 4262 8070 89000 0 0 0 0 0 0 51289 48509 55551 145579 7308517 6804495 953717 954717 8262234 7759212 8317785 7904791 X -26192 -447237 -37371 7778 X false true X true false X X 1 YMCA OF MIDDLE TN 620476243 7 true 322553 0 1 322553 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 2015, THESE FUNDS WERE USED TO SUPPORT CHARITABLE ORGANIZATIONS IN NASHVILLE, TN AND PALM BEACH, FL, IN THE AMOUNT OF $33,878. 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 8000 39378 61317 true true 953717 1000 0 954717 953717 0 953717 954697 0 980 953717 954697 0 954697 64781 942973 53057 0 954697 1.0 false false LIABILITY ASSOCIATED W/CHARITABLE GIFT ANNUITIES 48509 48509 X -78524 -447237 7778 -439459 360935 37371 0 37371 398306 424498 0 0 424498 0 0 424498 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. Tax years that remain open for examination include years ended December 31, 2012 through 2015. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CSV LIFE INSURANCE - 13834 VALUE OF SPLIT INT AGREEMENT - -6056 X X X X X X true DAXKO T2 CONSULTING 600 UNIVERSITY PARK PLACE SUITE 500 BIRMINGHAM AL 35209 FUNDRASING CONSULTATION SERVICES false 21600 -21600 0 21600 -21600 TN ADAM STEIN YDC 17843 17843 0 0 0 17843 17843 0 true YMCA OF MIDDLE TENNESSEE 1000 CHURCH STREET NASHVILLE TN 37203 620476243 501 (c)(3) 322553 GENERAL FUND CHEEKWOOD BOTANICAL GARDEN & MUSEUM OF ART 1200 FORREST PARK DRIVE NASHVILLE TN 37205 620627921 501(C)(3) 10000 GENERAL FUND JEWISH FEDERATION OF NASHVILLE AND MIDDLE TENNESSEE 801 PERCY WARNER BLVD 102 NASHVILLE TN 37205 626077703 501(C)(3) 6459 GENERAL FUND JEWISH FEDERATION OF PALM BEACH COUNTY 4601 COMMUNITY DRIVE WEST PALM BEACH FL 33417 590948696 501(C)(3) 6459 GENERAL FUND THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE 3833 CLEGHORN AVENUE SUITE 400 NASHVILLE TN 37215 621471789 501(C)(3) 6459 GENERAL FUND 5 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 PETER OLDHAM CHIEF ADMINISTRATIVE OFFICER 0 200865 0 0 0 1099 0 21890 0 7135 0 230989 0 0 JULIE SISTRUNK SR VP OF PHILANTHROPY 0 175002 0 0 0 756 0 19265 0 7997 0 203020 0 0 DAN DUMMERMUTH PRESIDENT AND CEO 0 323548 0 0 0 974 0 34259 0 3535 0 362316 0 0 ROBERT D IVY CHIEF FINANCIAL OFFICER 0 139233 0 0 0 3455 0 15717 0 5712 0 164117 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 ITS 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 TO ALL FOUNDATION BOARD MEMBERS. ALL SUCH PERSONS MUST COMPLETE, SIGN AND RETURN THE 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, AND 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 - 13834; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - -6056; 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.