2012-09-24T18:00:07-05:00 2011-12-31 621073578 FRASIER DEAN & HOWARD PLLC 3310 WEST END AVENUE SUITE 550 NASHVILLE TN 37203 990 2011-01-01 510196924 YMCA FOUNDATION OF MIDDLE TENNESSEE YMCA 6152599622 1000 CHURCH STREET NASHVILLE TN 372033420 ROBERT D IVY 2012-08-29 true SARA G MOON P00034774 6153836592 X 2011 2016-02-24 21:20:13Z ROBERT D IVY 1000 CHURCH STREET NASHVILLE TN 372033420 1900944 false X WWW.YMCAFOUNDATION.ORG X 1969 TN ENDOWMENT FUND 47 45 0 47 0 0 140362 1100640 0 0 135092 160248 0 0 275454 1260888 185188 187038 0 0 0 0 0 0 96741 195863 134024 381051 321062 -105597 939826 5156062 5902857 79620 78296 5076442 5824561 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 182530 182038 0 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 2011, THE FOUNDATION MADE GRANTS TO THE YMCA TOTALING $182,038. 5000 5000 0 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 2011, THESE FUNDS WERE USED TO SUPPORT CHARITABLE ORGANIZATIONS IN NASHVILLE, IN THE AMOUNT OF $5,000. 187530 true true false false true false false false true false false false false true true true false false false false false false false false false false true false true false false false false false false false false true false false false false true false false false false true 0 0 0 false false false false false false false false false false false false false X 47 45 true 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 GEORGE L YOWELL 1.00 X X 0 0 0 JAMES A WEBB III 1.00 X X 0 0 0 R WALTER HALE III 1.00 X X 0 0 0 RONALD F KNOX JR 1.00 X X 0 0 0 BEN S KIMBROUGH SR 1.00 X 0 0 0 CHARLES C MARTIN JR 1.00 X 0 0 0 CHRISTY COLE 1.00 X 0 0 0 CLIFFORD HARRISON JR 1.00 X 0 0 0 DOUGLAS A SMALL 1.00 X 0 0 0 DOYLE RIPPEE 1.00 X 0 0 0 FLORENCE DAVIS 1.00 X 0 0 0 FRANCIS S GUESS 1.00 X 0 0 0 FRANK F DROWOTA III 1.00 X 0 0 0 GEORGE H CATE JR 1.00 X 0 0 0 GEORGE PUST 1.00 X 0 0 0 GRACE A TOMKINS 1.00 X 0 0 0 GRANBERY JACKSON III 1.00 X 0 0 0 H LEE BARFIELD II 1.00 X 0 0 0 HOMER B GIBBS 1.00 X 0 0 0 J HUNTER ATKINS 1.00 X 0 0 0 JACQUELYN GUTHRIE 1.00 X 0 0 0 JAMES LAWRENCE 1.00 X 0 0 0 JAMES W GRANBERY 1.00 X 0 0 0 LAWRENCE STUMB JR 1.00 X 0 0 0 LEILANI BOULWARE 1.00 X 0 0 0 LINDA REBROVICK 1.00 X 0 0 0 LOUIS TODD JR 1.00 X 0 0 0 M LEE SMITH 1.00 X 0 0 0 MARK WRIGHT 1.00 X 0 0 0 MARSHALL T POLK III 1.00 X 0 0 0 RALPH MOSLEY 1.00 X 0 0 0 RICHARD HOLTON 1.00 X 0 0 0 ROBERT H NAPIER 1.00 X 0 0 0 ROBERT J BRADSHAW 1.00 X 0 0 0 ROBERT MCNEILLY III 1.00 X 0 0 0 ROUPEN M GULBENK 1.00 X 0 0 0 SANDRA FULTON 1.00 X 0 0 0 STEWART BRONAUGH 1.00 X 0 0 0 SYDNEY R MCCLAIN 1.00 X 0 0 0 TOM SHERRARD 1.00 X 0 0 0 WALTER G KNESTRICK 1.00 X 0 0 0 WILLIAM B WADLINGTON 1.00 X 0 0 0 WILLIAM E KNESTRICK 1.00 X 0 0 0 WILLIAM E TURNER JR 1.00 X 0 0 0 WILLIAM I HENDERSON 1.00 X 0 0 0 WILLIAM M WILSON 1.00 X 0 0 0 WILLIAM T DELAY 1.00 X 0 0 0 JOHN MARK JOHNSON 2.00 X 0 374401 47071 PETER OLDHAM 15.00 X 0 212984 29709 ROBERT D IVY 1.00 X 0 165561 2869 SUZANNE ILER 45.00 X 0 128159 19519 0 881105 99168 0 false true false 0 0 0 0 0 0 1100640 35635 1100640 0 0 0 0 0 0 0 0 0 0 140154 140154 0 0 0 0 0 660150 0 640056 0 20094 0 20094 20094 0 0 0 0 0 0 0 0 1260888 0 0 160248 187038 187038 0 0 0 0 0 0 0 0 0 0 13205 13205 0 0 0 0 0 0 0 3000 3000 0 0 0 0 28041 1090 26951 0 0 0 4746 4746 LEASED EMPLOYEE EXPENSES 74701 17750 56951 PERSONNEL EXPENSES 9839 9839 MISCELLANEOUS EXPENSE 492 492 0 0 0 0 321062 187530 36791 96741 0 13746 5661 105884 676683 31037 980 4090 0 0 0 0 0 4781966 4984994 0 0 0 0 219339 234539 5156062 5902857 6615 7820 73005 70476 79620 78296 X 5011661 4869864 64781 954697 5076442 5824561 5156062 5902857 X 939826 -191707 X false true true X false X X X false false false YMCA OF MIDDLE TN 620476243 7 true 182038 1 182038 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 0 14917 0 5000 0 63228 0 true true 64781 942973 0 53057 954697 92810 221 0 28250 64781 128821 3302 0 39313 92810 156128 193 0 27500 128821 0.00000 0.00000 1.00000 false false 0 0 0 0 0 0 0 LIABILITY ASSOCIATED W/CHARITABLE GIFT ANNUITIES 70476 70476 1260888 321062 939826 -171633 -28967 8893 -191707 748119 1069181 -171633 8893 -162740 1231921 28967 0 28967 1260888 321062 0 0 321062 0 0 321062 Intended uses of endowment funds Schedule D, Part V, Line 4 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. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 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, 2008 THROUGH 2011. true YMCA OF MIDDLE TENNESSEE 1000 CHURCH STREET NASHVILLE TN 37203 620476243 501(C)(3) 182038 GENERAL FUND 1 0 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 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 false false JOHN MARK JOHNSON 0 305192 0 57000 0 12209 0 43463 0 3608 0 421472 0 0 ROBERT D IVY 0 164721 0 0 0 840 0 0 0 2869 0 168430 0 0 PETER OLDHAM 0 192872 0 19272 0 840 0 25457 0 4252 0 242693 0 0 Arrangement used to establish the top management official's compensation Schedule J, Part I, Line 3 X 3 35635 MARKET VALUE 0 false true true Explanations of reporting method for number of contributions Schedule M, Part I SECURITIES - PUBLICLY TRADED: NUMBER OF CONTRIBUTIONS. Third parties used to solicit, process, or sell noncash contributions Schedule M, Part I, Line 32b THE YMCA OF MIDDLE TENNESSEE HAS A STOCK ACCOUNT FOR THE PURPOSE ONLY OF ACCEPTING STOCK GIFTS. THE YMCA NOTIFIES THE BROKER TO SELL THE STOCK AS SOON AS IT IS RECEIVED. Number of contributions or items contributed. Schedule M, part I, column (b), Line 9 NUMBER OF CONTRIBUTIONS. Family/business relationships amongst interested persons Form 990, Part VI, Section A, Line 2 BILL KNESTRICK & WALTER KNESTRICK - FAMILY RELATIONSHIP, JAMES A. WEBB AND JAMES W. GRANBERY - BUSINESS RELATIONSHIP Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b 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. SEPARATELY, THE ORGANIZATION SENDS THE FORM 990 TO EACH MEMBER OF ITS INVESTMENT/FINANCE COMMITTEE REQUESTING THEIR REVIEW PRIOR TO THE 990 BEING FILED WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c 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 NOTE HIS OR HER ABSTENTION AND, WHERE APPROPRIATE, LEAVE THE ROOM DURING DISCUSSION OF THE ACTION. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 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. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -171633; PRIOR PERIOD ADJUSTMENTS - 0; CSV LIFE INSURANCE - 15200; CHANGE IN VALUE OF SPLIT - INTEREST AGREEMENTS - -6307; INVESTMENT EXPENSES - -28967; YMCA OF MIDDLE TENNESSEE 1000 CHURCH STREET NASHVILLE TN 37203 620476243 SEE PART VII TN 501(C)(3) 7 NA false false true true false false false false false false false false false true true true false false false PRIMARY ACTIVITY PART II, COLUMN (B) A WORLDWIDE CHARITABLE FELLOWSHIP UNITED BY A COMMON LOYALTY TO JESUS CHRIST FOR THE PURPOSE OF HELPING PEOPLE GROW IN SPIRIT, MIND, AND BODY.