2018-02-12T12:21:38-06:00 2017-06-30 620647474 BLACKBURN CHILDERS & STEAGALL PLC 801B SUNSET DRIVE JOHNSON CITY TN 37604 990 2016-07-01 620484185 TUSCULUM COLLEGE TUSC 4236367300 P O BOX 5100 GREENEVILLE TN 37744 JOHN WILKINSON CFO, VP FOR FINANCE 4236367300 2018-02-10 1 CHAD KISNER P00738241 4232824511 2018-02-10 96.38.29.242 2018-02-10 12:51:12 ES P 1086C511314BED2342A7C788A18FBE6D45C6826F 1086C511314BED2342A7C788A18FBE6D45C6826F 2016 2021-01-29 14:40:06Z JOHN WILKINSON-01-16-18 T P O BOX 5100 GREENEVILLE TN 37744 41630204 0 X HTTP://WWW.TUSCULUM.EDU X 1794 TN OPERATION AND MAINTENANCE OF AN INSTITUTION OF HIGHER EDUCATION 23 20 1596 50 0 0 8383462 4403691 35337538 36354964 74096 871549 249331 0 44044427 41630204 12542778 13294870 0 0 15178129 16328421 0 0 380470 13554736 13914330 41275643 43537621 2768784 -1907417 107889743 115917876 45159247 54085798 62730496 61832078 TUSCULUM COLLEGE PROVIDES A LIBERAL ARTS EDUCATION IN A JUDEO-CHRISTIAN AND CIVIC ARTS ENVIRONMENT. 0 0 34878055 13294870 36354964 OPERATION AND MAINTENANCE OF AN INSTITUTION OF HIGHER LEARNING. 34878055 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 1 0 0 0 0 1 0 0 0 1 2590 0 1 1596 1 0 0 0 0 0 0 0 0 0 0 X 23 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X JOHN WILKINSON CFO VP FOR FINANCE 01-16-18 TO PRESENT 4236367300 TUSCULUM COLLEGE GREENEVILLE TN 37745 KENNETH A BOWMAN CHAIR 8.00 X X 0 0 0 DANIEL M DONALDSON VICE CHAIR 5.00 X X 0 0 0 MARK R WILLIAMS SECRETARY 5.00 X X 0 0 0 DWIGHT B FERGUSON TREASURER 3.00 X X 0 0 0 DAVID W BAKER MEMBER AT LARGE 1.00 X 0 0 0 D LARRY BROTHERTON MEMBER AT LARGE 1.00 X 0 0 0 ALAN B CORLEY MEMBER AT LARGE 1.00 X 0 0 0 NANCY L DISHNER MEMBER AT LARGE 1.00 X 0 0 0 JUDITH KOFROTH DOMER MEMBER AT LARGE 1.00 X 0 0 0 JAMES F DURHAM MEMBER AT LARGE 1.00 X 0 0 0 THOMAS J GARLAND MEMBER AT LARGE 1.00 X 0 0 0 JO ANN S KRAMER MEMBER AT LARGE 1.00 X 0 0 0 LESTER D LATTANY MEMBER AT LARGE 1.00 X 0 0 0 JANE LOVVORN MORSE MEMBER AT LARGE 1.00 X 0 0 0 GREGORY W NELSON MEMBER AT LARGE 1.00 X 0 0 0 SCOTT M NISWONGER MEMBER AT LARGE 1.00 X 0 0 0 JANE SHANKS PILLONI MEMBER AT LARGE 1.00 X 0 0 0 DONALD R RABER MEMBER AT LARGE 1.00 X 0 0 0 PAUL E STANTON JR MEMBER AT LARGE 1.00 X 0 0 0 ANGELO A VOLPE MEMBER AT LARGE 1.00 X 0 0 0 JERRY F WARD MEMBER AT LARGE 1.00 X 0 0 0 TOM WENNOGLE MEMBER AT LARGE 1.00 X 0 0 0 ANN E WESTERVELT MEMBER AT LARGE 1.00 X 0 0 0 ROBERT H BAILEY LIFE TRUSTEE-NON-VOTING 1.00 X 0 0 0 SAMUEL L DOAK LIFE TRUSTEE-NON-VOTING 1.00 X 0 0 0 JAMES A EMORY LIFE TRUSTEE-NON-VOTING 1.00 X 0 0 0 HUGH O JAYNES LIFE TRUSTEE-NON-VOTING 1.00 X 0 0 0 ANGUS R SHAW III LIFE TRUSTEE-NON-VOTING 1.00 X 0 0 0 JOAN BARBER SMITH LIFE TRUSTEE-NON-VOTING 1.00 X 0 0 0 JOSEPH J VOGT LIFE TRUSTEE-NON-VOTING 1.00 X 0 0 0 NANCY B MOODY-THRU 093017 PRESIDENT; EX-OFFICIO MEMB 45.00 X 215680 0 21897 STEPHEN J GEHRET-THRU 092717 VP OF FINANCE AND CFO 45.00 X 135255 0 9561 AMY LEANN HUGHES LUMB VP OF ENROLLMENT MANAGEMEN 45.00 X 96090 0 12432 RONALD L MAY-THRU 123116 VP OF ACADEMIC AFFAIRS/PRO 45.00 X 130699 0 2738 BLAIR F HENLEY VP OF INFORMATION SYSTEMS; 45.00 X 131140 0 3560 DOUGLAS N JONES-020116 TO 110117 INTERIM ATHLETIC DIRECTOR 45.00 X 97774 0 9313 HEATHER E PATCHETT VP OF INSTITUTIONAL ADVANC 45.00 X 104204 0 25508 910842 0 85009 5 0 1 0 RENTENBACH CONSTRUCTORS INC 700 MAIN STREET JOHNSON CITY TN 37604 CONSTRUCTION SERVICES 7838188 SODEXO INC AND AFFILIATES 2 SHILOH ROAD P O BOX 5032 GREENEVILLE TN 37743 CAFETERIA SERVICES 1507848 TIAA-CREF P O BOX 933326 ATLANTA GA 311933326 MANGE RETIREMENT PLAN 693738 REXEL OF AMERICA LLC 14951 DALLAS PARKWAY DALLAS TX 75254 ELECTRICAL SERVICES 615228 BMC WEST CORPORATION 720 PARK BOULEVARD BOISE ID 83712 CONSTRUCTION SERVICES 535256 36 50428 2320601 2032662 51481 4403691 TUITION AND FEES 611710 28466193 28466193 AUXILIARY ENTERPRISES 611710 7390276 7390276 OTHER INCOME 611710 498495 498495 36354964 871549 871549 41630204 36354964 0 871549 13294870 13294870 916899 410496 506403 13146217 11948354 1057618 140245 186779 145102 33570 8107 1117495 981817 124276 11402 961031 845707 105714 9610 65853 65853 109292 109292 115310 115310 101432 101432 181868 145495 27280 9093 1182059 827441 295515 59103 1052861 168458 873875 10528 1482461 237194 1230443 14824 858905 824549 25767 8589 19524 17767 390 1367 1118578 1118578 2071251 1180613 869925 20713 644743 270792 373951 STUDENTS FOOD SERVICE 1428059 1370937 28561 28561 EQUIPMENT AND FACILITY 594563 332955 249717 11891 COST OF SALES-BOOKSTORE 420830 420830 TUITION BENEFIT 408346 408346 2058395 1046332 965626 46437 43537621 34878055 8279096 380470 1313 1301 4220893 4203542 1339649 1148645 2449290 2871445 726000 366000 541523 383560 245100 255237 45021 111187 111159617 32306639 71792984 78852978 26527970 27723981 107889743 115917876 2585035 2541231 312590 11501 41608102 51094769 653520 438297 45159247 54085798 X 39611072 36045570 6300254 8165754 16819170 17620754 62730496 61832078 107889743 115917876 X -1907417 1410630 -401631 X X 0 1 X 1 1 1 X 4058991 4469445 3275671 8383462 4403691 24591260 4058991 4469445 3275671 8383462 4403691 24591260 4264409 20326851 679459 1094246 361518 323427 871549 3330199 27921459 179973971 0.72800 0.61530 X SCHEDULE A, PART I, LINES 1 AND 7 TUSCULUM COLLEGE RECEIVED AN IRS DETERMINATION LETTER FEBRUARY, 1934 STATING THAT THE ORGANIZATION WAS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE ORGANIZATION WAS ALSO DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE BECAUSE IT WAS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(II), WHICH IS IDENTIFIED IN SCHEDULE A, PART 1, LINE 2 AS A SCHOOL. IT IS AN EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARLY ENROLLED BODY OF PUPILS OR STUDENTS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. PER THE 2013 INSTRUCTIONS FOR SCHEDULE B, SCHEDULE OF CONTRIBUTORS, THE INTERNAL REVENUE SERVICE HAS CLARIFIED THAT IN ORDER FOR THE COLLEGE TO REPORT ITS CONTRIBUTIONS UNDER THE SPECIAL RULE, THE ORGANIZATION MUST NOW CHECK BOX 7 OF SCHEDULE A, PART I, AND COMPLETE SCHEDULE A, PART II, SUPPORT SCHEDULE FOR ORGANIZATIONS DESCRIBED IN SECTIONS 170(B)(1)(A)(IV) AND 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18631620 788187 2294731 -632936 21081602 17238622 2641968 204860 -603830 -850000 18631620 17560202 412582 360038 -1094200 17238622 17140775 162697 1886895 -400000 -1230165 17560202 17916716 150162 996170 -270000 -1652273 17140775 0.02140 0.87320 0.10540 0 1 1 324290 324290 99790942 25399667 74391275 0 4332232 2511204 1821028 6712153 4395768 2316385 78852978 LONG-TERM INVESTMENTS 27723981 F 27723981 ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 322973 DUE TO RELATED ORGANIZATION 8985 CAPITAL LEASE 106339 438297 X 29293879 1410630 -312120 1098510 28195369 13434835 13434835 41630204 30161101 7887 7887 30153214 13384407 13384407 43537621 PART V, LINE 4: THE COLLEGE'S PERMANENTLY RESTRICTED NET ASSETS (ENDOWMENT FUNDS) ARE COMPOSED OF FUNDS RESTRICTED FOR GENERAL USE, SCHOLARSHIPS, PLANT, CHAIRS, AND OTHER. PART X, LINE 2: NOTE 14 - UNCERTAINTY IN INCOME TAXES THE COLLEGE FOLLOWS THE FASB ASC, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2017 AND 2016, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COLLEGE'S FINANCIAL STATEMENTS. THE COLLEGE'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. HOWEVER, NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2017 AND 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES OF EXEMPT PRIVATE FOUNDATION 89,511. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -401,631. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 13,294,870. DONATION FROM EXEMPT PRIVATE FOUNDATION 50,428. INVESTMENT FEES EXPENSES OFFSETTING INVESTMENT INCOME 89,537. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF EXEMPT PRIVATE FOUNDATION 7,887. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 13,294,870. INVESTMENT FEES EXPENSES 89,537. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS POLICY IS USED IN ALL RECRUITMENT MATERIAL FOR STUDENTS AND IS DEFINED IN THE STUDENT HANDBOOK. SCHEDULE E, PART I, LINE 6 THE GOVERNMENTAL AGENCIES THAT PROVIDE FINANCIAL ASSISTANCE ARE THE UNITED STATES DEPARTMENT OF EDUCATION AND THE UNITED STATES DEPARTMENT OF AGRICULTURE. 1 CASH SCHOLARSHIPS FOR STUDENTS ATTENDING TUSCULUM COLLEGE IN GREENE COUNTY, TENNESSEE. 1580 13294870 0 N/A N/A PART I, LINE 2: THE COLLEGE DOES NOT GIVE ANY NON-CASH SCHOLARSHIPS. SCHOLARSHIPS ARE DISBURSED TO STUDENTS THROUGH CREDITING THEIR STUDENT ACCOUNTS. IF THE STUDENT HAS ANY EXCESS SCHOLARSHIP FUNDS OVER THEIR CHARGES, THESE FUNDS ARE DISBURSED TO THE STUDENT BY CHECK. THE COLLEGE'S PROCEDURES FOR MONITORING GRANT FUNDS IN THE U.S. ARE AS FOLLOWS: THE COLLEGE HAS APPOINTED DIRECTORS, WHO REPORT TO THE APPROPRIATE VICE PRESIDENTS, OVER ALL FEDERAL GRANT PROGRAMS. THESE DIRECTORS ARE CHARGED WITH PERFORMING ALL GRANT-RELATED ACTIVITIES INCLUDING APPLICATION, MONITORING OF EXPENDITURES AND REPORTING, WITH THE EXCEPTION OF DRAW-DOWNS OF FEDERAL FUNDS. DRAW-DOWNS ARE PERFORMED BY THE COLLEGE'S CONTROLLER AFTER REQUESTS ARE MADE BY THE DIRECTOR TO THE CONTROLLER. THE CONTROLLER REVIEWS THE REQUESTS FOR DRAW-DOWNS, WHICH INCLUDE DOCUMENTATION OF ALL DIRECT AND INDIRECT PROGRAM EXPENSES, BEFORE MAKING THE DRAW-DOWNS. A SINGLE AUDIT IS PERFORMED ANNUALLY BY THE COLLEGE'S INDEPENDENT AUDITORS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 NANCY B MOODY-THRU 093017 PRESIDENT; EX-OFFICIO MEMB 191680 0 0 0 24000 0 4503 0 17394 0 237577 0 0 0 PART I, LINE 1A TUSCULUM COLLEGE OWNS A HOUSE ON THE COLLEGE'S CAMPUS WHERE THE PRESIDENT (NANCY B. MOODY) LIVES. DURING THE COLLEGE'S SEARCH FOR A PRESIDENT, IT WAS STIPULATED THAT THE COLLEGE WANTED THE PRESIDENT TO LIVE ON CAMPUS. THE PRESIDENT'S HOUSE (WHICH IS ON CAMPUS) IS CLEANED BY CAMPUS HOUSEKEEPING SERVICES (THE SAME ONES THAT CLEAN STUDENT DORMS). PART I, LINE 1B PROVISIONS FOR THE PRESIDENT'S ON-CAMPUS RESIDENCE WERE INCLUDED IN HER WRITTEN EMPLOYMENT CONTRACT. PART I, LINE 3 THE BOARD OF TRUSTEES HAS A COMPENSATION COMMITTEE FOR THE COMPENSATION OF THE PRESIDENT. THE COMPENSATION COMMITTEE REVIEWED FORM 990'S OF PEER INSTITUTIONS WHEN DETERMINING THE PRESIDENT'S COMPENSATION. AS STATED ABOVE, PROVISIONS FOR THE PRESIDENT'S ON-CAMPUS RESIDENCE WERE INCLUDED IN HER WRITTEN EMPLOYMENT CONTRACT. PART I, LINE 5 NOT APPLICABLE PART I, LINE 6 NOT APPLICABLE PART I, LINE 7 NONE NOTED PART I, LINE 8 NONE NOTED SCOTT M NISWONGER MEMBER OF THE BOARD OF TRUSTEES PLEDGES RECEIVABLE CONVERTED TO NOTES RECEIVABLE X 866000 366000 0 1 1 D LARRY BROTHERTON MEMBER OF THE BOARD OF TRUSTEES PLEDGES RECEIVABLE CONVERTED TO NOTES RECEIVABLE X 220000 0 0 1 1 366000 SCOTT M NISWONGER MEMBER OF THE BOARD OF TRUSTEES 8210383 MR. SCOTT M. NISWONGER, A MEMBER OF THE BOARD OF FIRST HORIZON NATIONAL CORPORATION, WHICH IS THE HOLDING COMPANY FOR FIRST TENNESSEE BANK, IS A MEMBER OF THE COLLEGE'S BOARD OF TRUSTEES. THE COLLEGE HAS A $4,000,000 LINE OF CREDIT WITH FIRST TENNESSEE BANK, OF WHICH $4,000,000 HAS BEEN DRAWN UPON AS OF 06/30/17. THE COLLEGE ALSO HAS ITS BANKING RELATIONSHIP AND AN INVESTMENT MANAGEMENT ACCOUNT WITH FIRST TENNESSEE BANK ADVISORS. 0 DONALD R RABER MEMBER OF THE BOARD TRUSTEES AND CHAIR OF THE INVESTMENT COMMITTEE 1553000 MR. DONALD R. RABER, PRESIDENT OF ALDEBARAN FINANCIAL, INC. IS A MEMBER OF THE BOARD TRUSTEES AND CHAIR OF THE INVESTMENT COMMITTEE OF THE COLLEGE. AS OF 06/30/17, MR. RABER MANAGES APPROXIMATELY $558,000 OF THE COLLEGE'S UNRESTRICTED ASSETS IN SHORT-TERM CASH EQUIVALENTS AND CONVERTIBLE BONDS. HE ALSO MANAGES $995,000 IN ANNUITIES WHICH ARE INVESTED IN CASH EQUIVALENTS, EQUITIES AND CONVERTIBLE BONDS. MR. RABER AND ALDEBARAN FINANCIAL, INC., IN THIS CAPACITY, RECEIVE NO BENEFIT FROM PROVIDING THESE SERVICES. 0 MARK R WILLIAMS SECRETARY OF THE BOARD OF TRUSTEES 505561 MR. MARK WILLIAMS, A BROKER AT CENTURY 21, LEGACY, AND A DIRECTOR OF THE BOARD OF ANDREW JOHNSON BANK, IS THE SECRETARY OF TUSCULUM COLLEGE'S BOARD OF TRUSTEES. AS A TRUSTEE, HE GAINS ACCESS TO NEW EMPLOYEE HIRES IN ORDER TO APPROACH THEM AS A BROKER AGENT FOR REAL ESTATE SALES AND ACQUISITIONS. THE COLLEGE HAS A BANKING RELATIONSHIP WITH ANDREW JOHNSON BANK - TWO CHECKING ACCOUNTS ($505,561 AS OF 06/30/17). 0 NISWONGER FOUNDATION INC RECIPIENT OF USE OF FACILITIES AND CONTRIBUTOR TO COLLEGE 87845 NISWONGER FOUNDATION, INC. OPERATES ON THE TUSCULUM COLLEGE CAMPUS AND PROVIDES VARIOUS GRANTS TO THE COLLEGE. TUSCULUM COLLEGE ALLOWS THE FOUNDATION TO OPERATE ON THE COLLEGE FREE OF CHARGE. HOWEVER, THE COLLEGE BILLS THE FOUNDATION FOR ANNUAL CHARGES RELATING TO SOME OF THE STAFF MEMBERS' SALARIES AND OTHER ADMINISTRATIVE EXEPNSES THAT THE COLLEGE PAYS FOR THE FOUNDATION THROUGHOUT THE YEAR ($87,845 FOR THE YEAR ENDED 06/30/17). NISWONGER FOUNDATION, INC. IS ALSO A PARTNER OF THE NORTHEAST TENNESSEE COLLEGE AND CAREER READINESS CONSORTIUM. 0 X 1 51481 CLOSING STOCK PRICES 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 SCOTT M. NISWONGER AND NANCY L. DISHNER ARE MEMBERS OF THE BOARD OF TRUSTEES OF TUSCULUM COLLEGE. SCOTT M. NISWONGER IS THE CHAIRMAN OF THE BOARD AND FOUNDER OF NISWONGER FOUNDATION, INC. NANCY L. DISHNER IS THE PRESIDENT AND CEO OF NISWONGER FOUNDATION, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PRESENTED BY AN INDEPENDENT CPA FIRM TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE WILL REVIEW THE FORM 990, AND WILL THEN HAVE A TEN DAY PERIOD OF TIME TO COMMENT. AFTER THIS TEN DAY PERIOD, THE FULL BOARD OF TRUSTEES WILL REVIEW THE FORM 990, AND WILL ALSO HAVE A TEN DAY PERIOD OF TIME TO COMMENT. THE BOARD OF TRUSTEES WILL THEN VOTE ON THE ACCEPTANCE OF THE FORM 990, WHICH WILL THEN BE FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH MEMBER OF THE BOARD OF TRUSTEES SUBMITS A SIGNED CONFLICT OF INTEREST AGREEMENT. AT THIS TIME, ANY KNOWN CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED TO THE GOVERNING BODY. SHOULD THE POTENTIAL OF A CONFLICT OF INTEREST ARISE, THE SUBJECT WILL BE DISCLOSED AND THE GOVERNING BOARD MEMBER WILL EXCUSE THEMSELVES FROM VOTING ON THE MATTER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED BY THE BOARD OF TRUSTEES AND NEGOTIATED BY ONE'S LENGTH OF SERVICE BY THE CHAIRMAN OF THE BOARD ON THE ADVICE FROM AN INDEPENDENT COUNSEL TO THE GOVERNING BOARD. OTHER OFFICERS OR KEY EMPLOYEES RECEIVE A BI-ANNUAL EVALUATION, AT WHICH TIME COMPENSATION IS COMPARABLE WITH CUPA-HR DATA. THE EVALUATION DOCUMENT IS REVIEWED AND APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -401,631. FORM 990, PART XII, LINE 2C TUSCULUM COLLEGE'S PROCESS FOR ITS AUDIT COMMITTEE, WHICH ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL AUDIT OF ITS FINANCIAL STATEMENTS AND FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT, HAS NOT CHANGED FROM THE PRIOR YEAR. TUSCULUM TOMORROW TRUST P O BOX 5100 GREENEVILLE TN 37743 621159245 PROVIDES CHARITABLE GRANTS TO TUSCULUM COLLEGE TN 501(C)(3) PF TUSCULUM COLLEGE 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TUSCULUM TOMORROW TRUST C 50428 CASH RECEIPTS