The Nashville Chamber Public Benefit Foundation

Organization Overview

The Nashville Chamber Public Benefit Foundation is located in Nashville, TN. The organization was established in 1990. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville Chamber Public Benefit Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Nashville Chamber Public Benefit Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE NASHVILLE CHAMBER PUBLIC BENEFIT FOUNDATION COORDINATES EFFORTS WITH BUSINESS, EDUCATION AND GOVERNMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION AND TALENT DEVELOPMENT: THE AVAILABILITY AND PREPAREDNESS OF THE NASHVILLE AREA'S LABOR FORCE IS THE NUMBER ONE DRIVER OF ECONOMIC PROSPERITY. THE FOUNDATION'S WORK HELPS ENSURE HIGH SCHOOL GRADUATES, OPPORTUNITY YOUTH, TENNESSEE RECONNECT ADULTS, AND CURRENT WORKERS ARE EQUIPPED WITH THE CREDENTIALS AND EXPERIENCE NECESSARY TO INCREASE THE AVAILABILITY AND PREPAREDNESS OF NASHVILLE AREA TALENT.IN OCTOBER 2020, JPMORGAN CHASE ANNOUNCED NASHVILLE AS ONE OF SIX U.S. SITES SELECTED FOR THE NEW SKILLS READY GRANT, PROVIDING A $7 MILLION INVESTMENT IN NASHVILLE OVER FIVE YEARS. THE GRANT SUPPORTS THE SEAMLESS TRANSITION OF UNDERREPRESENTED STUDENTS FROM METRO NASHVILLE PUBLIC SCHOOLS (MNPS) INTO POSTSECONDARY TO EARN A CREDENTIAL OR DEGREE AND ENTER A HIGH-WAGE, HIGH-DEMAND CAREER. THE FOUNDATION IS SERVING AS THE SITE LEAD AND FISCAL AGENT FOR THE GRANT. OTHER PARTNERS INCLUDE MNPS, NASHVILLE STATE COMMUNITY COLLEGE, TCAT NASHVILLE, MIDDLE TENNESSEE STATE UNIVERSITY, TENNESSEE DEPARTMENT OF EDUCATION, TENNESSEE HIGHER EDUCATION COMMISSION, TENNESSEE DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT, TENNESSEE BOARD OF REGENTS, TENNESSEE COLLEGE ACCESS AND SUCCESS NETWORK, THE SCARLETT FAMILY FOUNDATION, AND THE MAYOR'S OFFICE. IN 2021, THE NEW SKILLS READY TEAM PARTICIPATED IN REI AND SYSTEMNESS TRAINING, AND FIVE WORKING GROUPS BROUGHT DATA, VISUAL REPRESENTATIONS OF THEIR SYSTEMS, AND SHARED WORK TO DATE ON CREATING A SEAMLESS FRAMEWORK ACROSS K-12, POSTSECONDARY, AND THE WORKFORCE. THE FIVE WORKING GROUPS ARE: COLLEGE AND CAREER COACHES FRAMEWORK, DRAFT PATHWAYS ADVISING, EQUITY, PATHWAYS CERTIFICATION, AND WORK-BASED LEARNING. THE TEAM HAS EXPERIENCED EARLY WINS IN WORK-BASED LEARNING (50 WORK-BASED LEARNING CAPSTONES IN FOUR NSR HIGH SCHOOLS) AND DRAFT PATHWAYS ADVISING (BEST PRACTICE IDENTIFICATION AND STAKEHOLDER ENGAGEMENT). NASHVILLE RECONNECT IS PART OF TENNESSEE RECONNECT, AN INITIATIVE TO HELP ADULTS RETURN TO HIGHER EDUCATION TO GAIN NEW SKILLS, ADVANCE IN THE WORKPLACE, AND FULFILL LIFELONG DREAMS OF COMPLETING A DEGREE OR CREDENTIAL. NASHVILLE RECONNECT CURRENTLY SERVES 1,030 ADULTS IN THE NASHVILLE PROMISE ZONE AND ADJACENT ZIP CODES, 422 OF WHOM ARE ENROLLED AND 608 ARE PRE-ENROLLED. OF THE TOTAL NUMBER OF RECONNECTORS, 56% ARE BLACK, 31% ARE WHITE, AND 4% ARE HISPANIC/LATINX. NASHVILLE RECONNECT PROVIDES NEUTRAL NAVIGATION AND CONNECTION TO WRAPAROUND SERVICES IN TWO RECONNECT CAFES WHILE WORKING WITH EMPLOYERS TO LEVERAGE RECONNECT GRANTS TO BUILD INTERNAL AND EXTERNAL PIPELINES OF TALENT. THE FOUNDATION HAS TRAINED MORE THAN 250 PEOPLE FROM EMPLOYERS, CHURCHES, COMMUNITY-BASED ORGANIZATIONS, AND TRAINING AND EDUCATION PROVIDERS TO SERVE AS RECONNECT AMBASSADORS. NASHVILLE RECONNECT IS NOW PART OF THE FAMILY COLLECTIVE, A PROGRAM OF UNITED WAY FOCUSED ON ENDING FAMILY HOMELESSNESS IN MIDDLE TENNESSEE.JPMORGAN CHASE PROVIDED GRANT FUNDING TO CREATE A COMPETENCY-BASED PROGRAMMING CREDENTIAL THAT OFFERS STUDENTS A FLEXIBLE, SELF-PACED CURRICULUM TO ENTER AN IT CAREER. THE COURSE LAUNCHED AT NASHVILLE STATE COMMUNITY COLLEGE IN THE FALL OF 2021. COLUMBIA STATE COMMUNITY COLLEGE IS DEVELOPING A SIMILAR CURRICULUM ON THE WILLIAMSON COUNTY CAMPUS. IN 2021, THE FOUNDATION DEVELOPED A MARKETING AND SOCIAL MEDIA PLAN TO TARGET UNDERREPRESENTED POPULATIONS TO ENROLL AND GAIN A CREDENTIAL TO ENTER OR ADVANCE IN A CAREER IN IT PROGRAMMING.THE NASHVILLE TALENT HUB IS A PARTNERSHIP OF THE FOUNDATION, METRO NASHVILLE, NASHVILLE STATE COMMUNITY COLLEGE AND TCAT NASHVILLE, AND BRINGS TOGETHER COMMUNITY-BASED ORGANIZATIONS, EMPLOYERS AND GOVERNMENT AGENCIES TO ALIGN PROGRAMS AND SERVICES TO INCREASE COLLEGE ENROLLMENT, PERSISTENCE AND SUCCESS. COMMUNITIES EARNED THE TALENT HUB DESIGNATION BY MEETING RIGOROUS STANDARDS FOR CREATING ENVIRONMENTS THAT ATTRACT, RETAIN, AND CULTIVATE TALENT, PARTICULARLY STUDENTS OF COLOR, THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE, AND THOSE FROM LOW-INCOME HOUSEHOLDS. THE NASHVILLE TALENT HUB LEVERAGES TENNESSEE'S FREE TECHNICAL AND COMMUNITY COLLEGE TUITION FOR ADULTS AND FEDERAL STUDENT AID, COUPLED WITH HIGH-TOUCH NAVIGATION AND COMPLETION COACH SERVICES AND RESOURCES TO SUPPORT ADULT POSTSECONDARY ATTAINMENT, FOCUSED ON THE NASHVILLE PROMISE ZONE. IN 2021, THE TALENT HUB GUIDING TEAM IMPLEMENTED THE LISTENING TOUR 2.0 TO FOLLOW THE LISTENING TOUR CONDUCTED IN 2018. THE LISTENING TOUR HELPED DETERMINE THE IMPACT OF CURRENT INTERVENTIONS AND IDENTIFY BARRIERS KEEPING ADULTS FROM ENTERING AND COMPLETING A DEGREE OR CREDENTIAL.NATIONAL SKILLS COALITION AWARDED GRANT FUNDS TO BUILD A STATEWIDE COALITION TO CREATE TENNESSEE CHAPTERS OF BUSINESS LEADERS UNITED (BLU) AND SKILLSPAN. NOW UNDER ONE UMBRELLA, THIS GROUP INCLUDES MORE THAN 80 CHAMBERS, EMPLOYERS, COMMUNITY-BASED ORGANIZATIONS, STATE, AND METRO AGENCIES WORKING TO ADDRESS POLICY BARRIERS THAT KEEP EMPLOYERS FROM FILLING MIDDLE SKILLS JOBS, JOBS THAT REQUIRE SOME EDUCATION BEYOND HIGH SCHOOL. THE COLLABORATIVE IS FOCUSED ON PROVIDING INPUT FOR THE REAUTHORIZATION OF THE WORKFORCE INNOVATION AND OPPORTUNITIES ACT (WIOA,) POLICIES SUPPORTING EARLY POSTSECONDARY OPPORTUNITIES AND WORK-BASED LEARNING, AND PARTNERSHIPS AND CROSS-SECTOR COLLABORATION. TN BLU-SKILLSPAN HOLDS QUARTERLY, VIRTUAL, SESSIONS FOR LEARNING, UPDATES, OPPORTUNITIES FOR COLLABORATION ON PILOT PROJECTS, AND INFORMATION SHARING, FOCUSED ON THESE PRIORITIES.THE CLEAN SLATE PROGRAM IS PART OF THE FOUNDATION'S WORK WITH BLU AND SKILLSPAN. THE PROGRAM LAUNCHED IN JANUARY 2021 AT NASHVILLE STATE COMMUNITY COLLEGE AND IS DESIGNED TO REENGAGE STUDENTS WITH A PAST DUE BALANCE AND MOVE THEM TO COMPLETION OF A DEGREE OR CREDENTIAL. THIS PROGRAM IS FUNDED BY A GRANT FROM THE MEMORIAL FOUNDATION, AS CURRENT STATE LAW DOES NOT ALLOW SCHOOLS TO FORGIVE A PAST DUE BALANCE. THIS PILOT HOPES TO SHOW A POSITIVE RETURN ON INVESTMENT OF FORGIVING THAT BALANCE. CURRENTLY, THERE ARE OVER 14,000 STUDENTS AT THE COLLEGE WITH A PAST DUE BALANCE, AND MORE THAN 8,500 HAVE A BALANCE BELOW $500.


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Board, Officers & Key Employees

Name (title)Compensation
Darrell S Freeman Sr
Vice-Chair
$0
Bert Mathews
Director
$0
Gordon E Nichols
General Counsel & Secretar
$0
Ron Samuels
Chair
$0
Ralph Schulz
President
$0
Kimmi P Hayes
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Liberty Park Rental
Rental Goods
$130,571
State Of Tennessee
Security
$157,572
Kaegi Resources
Sponsor Sales
$129,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,996,618
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,996,618
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,998,064

Grants Awarded

Over the last fiscal year, The Nashville Chamber Public Benefit Foundation has awarded $1,408,359 in support to 4 organizations.

Grant RecipientAmount

NASHVILLE AREA CHAMBER OF COMMERCE

PURPOSE: K-12 & POST SECONDARY EDUCATION

$731,383

METROPOLITAN NASHVILLE PUBLIC SCHOOLS

PURPOSE: K-12 EDUCATION

$443,137

NASHVILLE STATE COMMUNITY COLLEGE

PURPOSE: K-12 EDUCATION - NEW SKILLS READY INITIATIVE (JPMORGAN CHASE)

$66,339

TENNESSEE COLLEGE ACCESS & SUCCESS NETWORK

PURPOSE: K-12 EDUCATION - NEW SKILLS READY INITIATIVE (JPMORGAN CHASE)

$167,500
View Grant Profile

Peer Organizations

Organization NameAssets
Community Foundation Of The Chattahoochee Valley Inc
Columbus, GA
$29,877,478
The Community Foundatio Of Louisville Depository Inc
Louisville, KY
$22,827,292
Community Foundation Of Greater Huntsville
Huntsville, AL
$17,823,410
Create Foundation Inc
Tupelo, MS
$17,703,695
The Community Foundation For The Csra
Augusta, GA
$19,377,290
North Georgia Community Foundation
Gainesville, GA
$21,735,189
Community Foundation For Mississippi
Jackson, MS
$12,986,215
Community Foundation For Northeast Georgia Inc
Duluth, GA
$10,205,373
Truman Heartland Community Foundation
Independence, MO
$10,949,150
St Louis Community Foundation
St Louis, MO
$20,148,169
Black Belt Community Foundation Inc
Selma, AL
$16,134,472
The Community Foundation Of Louisville Corporate Depository In
Louisville, KY
$13,186,961
Community Foundation Of Central Georgia Inc
Macon, GA
$11,032,103
Purpose Built Communities Foundation Inc
Atlanta, GA
$5,772,502
New Hanover Community Endowment Inc
Wilmington, NC
-$36,712,168
Foundation For Appalachian Kentucky Inc
Hazard, KY
$11,777,632
The Community Foundation For Northern Virginia Inc
Fairfax, VA
$10,934,222
Cumberland Community Foundation Inc
Fayetteville, NC
$14,602,785
Community Foundation Of South Georgia Inc
Thomasville, GA
$12,478,316
Community Foundation Of South Alabama
Mobile, AL
$9,156,197
The Community Foundation Of Harrisonburg And Rockingham County
Harrisonburg, VA
$13,457,624
Central Alabama Community Foundation Inc
Montgomery, AL
$12,262,868
Gaston Community Foundation
Gastonia, NC
$13,988,192
Community Foundation Serving Western Virginia
Roanoke, VA
$12,225,680
Community Foundation Of West Kentucky Inc
Paducah, KY
$14,048,552

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