2015-08-03T17:00:27-05:00 2014-12-31 621073578 FRASIER DEAN & HOWARD PLLC 3310 WEST END AVE STE 550 NASHVILLE TN 37203 990 2014-01-01 510196924 YMCA FOUNDATION OF MIDDLE TENNESSEE YMCA 6152599622 1000 CHURCH STREET NASHVILLE TN 372033420 ROBERT D IVY CHIEF FINANCIAL OFFICER 2015-08-03 true SARA G MOON P00034774 6153836592 X 2014 2016-02-25 16:41:14Z ROBERT D IVY 1000 CHURCH STREET NASHVILLE TN 372033420 909660 false X WWW.YMCAFOUNDATION.ORG X 1969 TN ENDOWMENT FUND 35 34 0 37 0 0 434846 580518 0 0 189495 222718 40 567 624381 803803 180704 754505 0 0 0 0 0 0 19032 86721 53934 267425 808439 356956 -4636 7738497 8317785 57267 55551 7681230 8262234 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 741997 741505 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 2014, THE FOUNDATION MADE GRANTS TO THE YMCA TOTALING $741,505. 13000 13000 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 2014, THESE FUNDS WERE USED TO SUPPORT CHARITABLE ORGANIZATIONS IN NASHVILLE, IN THE AMOUNT OF $13,000. 754997 true true false false true false false false true false false false false true true true false false false false false false false 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 35 34 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 1.00 X X 0 0 0 RONALD F KNOX JR BOARD CHAIR 1.00 X X 0 0 0 WILLIAM SPITZ TREASURER 1.00 X X 0 0 0 J HUNTER ATKINS BOARD OF DIRECTORS 1.00 X 0 0 0 H LEE BARFIELD II BOARD OF DIRECTORS 1.00 X 0 0 0 STEWART BRONAUGH JR BOARD OF DIRECTORS 1.00 X 0 0 0 WOOD CALDWELL BOARD OF DIRECTORS 1.00 X 0 0 0 GEORGE H CATE JR BOARD OF DIRECTORS 1.00 X 0 0 0 JOYCE I COOK BOARD OF DIRECTORS 1.00 X 0 0 0 FLORENCE DAVIS BOARD OF DIRECTORS 1.00 X 0 0 0 CATHERINE GEMMATO-SMITH BOARD OF DIRECTORS 1.00 X 0 0 0 HOMER GIBBS BOARD OF DIRECTORS 1.00 X 0 0 0 FRANCIS S GUESS BOARD OF DIRECTORS 1.00 X 0 0 0 ROUPEN M GULBENK BOARD OF DIRECTORS 1.00 X 0 0 0 JACQUELYN D GUTHRIE BOARD OF DIRECTORS 1.00 X 0 0 0 CLIFFORD HARRISON JR BOARD OF DIRECTORS 1.00 X 0 0 0 WILLIAM I HENDERSON BOARD OF DIRECTORS 1.00 X 0 0 0 ROY JORDAN BOARD OF DIRECTORS 1.00 X 0 0 0 WALTER G KNESTRICK BOARD OF DIRECTORS 1.00 X 0 0 0 JAMES LAWRENCE BOARD OF DIRECTORS 1.00 X 0 0 0 WALT LEAVER BOARD OF DIRECTORS 1.00 X 0 0 0 WILLIAM LEE BOARD OF DIRECTORS 1.00 X 0 0 0 JOSEPH LEVI BOARD OF DIRECTORS 1.00 X 0 0 0 CHARLES C MARTIN JR BOARD OF DIRECTORS 1.00 X 0 0 0 RICHARD MURPHY BOARD OF DIRECTORS 1.00 X 0 0 0 ROBERT H NAPIER BOARD OF DIRECTORS 1.00 X 0 0 0 GEORGE PUST BOARD OF DIRECTORS 1.00 X 0 0 0 LINDA REBROVICK BOARD OF DIRECTORS 1.00 X 0 0 0 DOUGLAS A SMALL BOARD OF DIRECTORS 1.00 X 0 0 0 BLAINE SMITH BOARD OF DIRECTORS 1.00 X 0 0 0 WILLIAM E TURNER JR BOARD OF DIRECTORS 1.00 X 0 0 0 WILLIAM B WADLINGTON BOARD OF DIRECTORS 1.00 X 0 0 0 JAMES A WEBB III BOARD OF DIRECTORS 1.00 X 0 0 0 WILLIAM M WILSON BOARD OF DIRECTORS 1.00 X 0 0 0 BRENDA WYNN BOARD OF DIRECTORS 1.00 X 0 0 0 PETER OLDHAM CHIEF ADMINISTRATIVE OFFICER 15.00 30.00 X 0 212965 33092 ROBERT D IVY CHIEF FINANCIAL OFFICER 1.00 45.00 X 0 174989 31401 CHRIS STOWERS SVP OF PHILANTHROPY 20.00 25.00 X 0 103276 10402 JULIE SISTRUNK SR VP OF PHILANTHROPY 20.00 25.00 X 0 11460 1372 DAN DUMMERMUTH PRESIDENT AND CEO 2.00 45.00 X 0 310806 43623 JOHN MARK JOHNSON FORMER PRESIDENT AND CEO 2.00 45.00 X 0 340723 50107 0 1154219 169997 0 true true false 0 16525 563993 15729 580518 0 0 0 0 0 0 222088 222088 0 0 106487 105857 630 0 630 630 16525 MISCELLANEOUS 900099 567 567 0 0 0 0 567 803803 0 0 223285 754505 754505 8180 8180 0 0 0 0 220 220 4000 4000 1465 1465 LEASED EMPLOYEE EXPENSES 21246 21246 PERSONNEL EXPENSES 2643 2643 DONOR APPRECIATION EXPENSE 14798 14798 MISCELLANEOUS EXPENSES 1382 492 656 234 0 0 0 0 808439 754997 34410 19032 127688 48071 539520 341309 0 0 0 0 0 0 6750186 7590800 0 0 321103 337605 7738497 8317785 2976 4262 0 54291 51289 57267 55551 X 6727513 7308517 953717 953717 7681230 8262234 7738497 8317785 X -4636 612112 -37139 0 10667 X false true X true false X X 1 YMCA OF MIDDLE TN 620476243 7 true 741505 0 1 741505 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 2014, THESE FUNDS WERE USED TO SUPPORT CHARITABLE ORGANIZATIONS IN NASHVILLE IN THE AMOUNT OF $13,000. Schedule A, Part IV, Section C, Line 1 Majority director detail The involvement of the supported organization's, YMCA of Middle Tennessee, CAO, CFO, & SVP of Philanthropy in supervising the Foundation activities establishes Type II status. Over 25% of support organization's board members are also board members of the supported organization. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5 15670 15500 97527 true true 953717 953717 954697 980 953717 954697 954697 64781 942973 53057 954697 92810 221 28250 64781 1.0 false false LIABILITY ASSOCIATED W/CHARITABLE GIFT ANNUITIES 51289 51289 X 1389443 612112 10667 622779 766664 37139 0 37139 803803 808439 0 0 808439 0 0 808439 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, 2011 through 2014. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CSV OF LIFE INSURANCE POLICIES - 16501 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS - -5834 Adam Stein YDC 16525 16525 0 0 0 16525 16525 0 true YMCA OF MIDDLE TENNESSEE 1000 CHURCH STREET NASHVILLE TN 37203 620476243 501 (c)(3) 741505 0 GENERAL FUND FIRST PRESBYTERIAN CHURCH 4815 FRANKLIN PIKE NASHVILLE TN 37220 620535349 501(c)(3) 7500 0 GENERAL FUND 2 0 Schedule I, Part I, Line 2 Description Of Procedure 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 Nashville-based 501c(3) organizations. 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 Nashville-based 501c(3) organizations. false false false false false false false JOHN MARK JOHNSON FORMER PRESIDENT AND CEO 0 295817 0 0 0 44906 0 40887 0 9220 0 390830 0 0 PETER OLDHAM CHIEF ADMINISTRATIVE OFFICER 0 212425 0 0 0 540 0 25556 0 7536 0 246057 0 0 ROBERT D IVY CHIEF FINANCIAL OFFICER 0 174449 0 0 0 540 0 20999 0 10402 0 206390 0 0 DAN DUMMERMUTH PRESIDENT AND CEO 0 310406 0 0 0 400 0 37297 0 6326 0 354429 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 XI, Line 9 Other changes in net assets or fund balances CSV OF LIFE INSURANCE POLICIES - 16501; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - -5834; 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.