Tennessee Bar Foundation
- Assets
- $27.2m
- Revenue
- $10.2m
- Investments
- $18.9m
- Employees
- 2
- Location
- Nashville, TN
- Founding
- 11/1967
- Data as of
- 06/2024
- EIN
- 62-6074501
Organization Overview
Tennessee Bar Foundation is located in Nashville, TN. The organization was established in 1967. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2024, Tennessee Bar Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Bar 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 06/2024, Tennessee Bar Foundation generated $10.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $3.7m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tennessee Bar Foundation has awarded 212 individual grants totaling $12,218,114. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AGENCIES THAT PROVIDE CIVIL LEGAL SERVICES TO THE INDIGENT, THAT WORK TO IMPROVE THE ADMINISTRATION OF JUSTICE AND TO PROVIDE LAW STUDENT ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS MONETARY GRANTS TO ORGANIZATIONS WHICH PROVIDE REPRESENTATION, IN CIVIL LEGAL MATTERS, TO INDIGENT CLIENTS. AMONG THOSE GRANT RECIPIENTS ARE FOUR ORGANIZATIONS SPECIFICALLY RESPONSIBLE FOR DEFINED GEOGRAPHIC AREAS, THEREFORE A MINIMUM AMOUNT OF LEGAL ASSISTANCE IS AVAILABLE IN ALL TENNESSEE COUNTIES. OTHER GRANT RECIPIENT ORGANIZATIONS EITHER SERVE SMALLER GEOGRAPHIC AREAS, LIMIT THEIR SERVICE BY SUBJECT MATTER OR, INSTEAD OF EMPLOYING STAFF LAWYERS, COORDINATE THE SERVICES OF LAWYERS IN PRIVATE PRACTICE WHO PROVIDE LEGAL ASSISTANCE ON A PRO BONO BASIS.
THE FOUNDATION AWARDS MONETARY GRANTS TO ORGANIZATIONS WHICH WORK TO IMPROVE THE ADMINISTRATION OF JUSTICE WITHIN THE STATE. THESE ORGANIZATIONS MAY ASSIST FAMILIES, CHILDREN, DOMESTIC VIOLENCE VICTIMS OR IMMIGRANTS WITH THEIR VERY SPECIFIC LEGAL NEEDS. OTHER GRANT RECIPIENT ORGANIZATIONS PROVIDE MEDIATION FOR DISPUTANTS OR REHABILITATION FOR OFFENDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barri Bernstein ESQ Exe. Director | Officer | 40 | $150,675 |
Hon John W Whitworth Chair | OfficerTrustee | 1 | $0 |
Angelia M Nystrom ESQ Immediate Past Chair | OfficerTrustee | 1 | $0 |
Jacqueline B Dixon ESQ Chair- Elect | OfficerTrustee | 1 | $0 |
Sam D Elliott ESQ Secretary | OfficerTrustee | 1 | $0 |
Jeffrey P Boyd Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $40,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,936 |
| Total Program Service Revenue | $9,182,086 |
| Investment income | $829,713 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $100,421 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,164,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,036,436 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $166,661 |
| Compensation of current officers, directors, key employees. | $3,491 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,085 |
| Pension plan accruals and contributions | $4,365 |
| Other employee benefits | $12,364 |
| Payroll taxes | $13,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $106,589 |
| Fees for services: Other | $35,018 |
| Advertising and promotion | $0 |
| Office expenses | $22,559 |
| Information technology | $58,451 |
| Royalties | $0 |
| Occupancy | $62,496 |
| Travel | $6,363 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,744 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,936 |
| All other expenses | $0 |
| Total functional expenses | $3,667,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,215,777 |
| Savings and temporary cash investments | $2,187,376 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $812,539 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $18,934,329 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,592 |
| Total assets | $27,152,613 |
| Accounts payable and accrued expenses | $13,595 |
| Grants payable | $1,482,479 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,305 |
| Total liabilities | $1,567,379 |
| Net assets without donor restrictions | $6,014,694 |
| Net assets with donor restrictions | $19,570,540 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $27,152,613 |
Grants Awarded
Over the last fiscal year, Tennessee Bar Foundation has awarded $2,997,002 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
LEGAL AID OF EAST TENNESSEE PURPOSE: LEGAL SERVICES | $699,222 |
MEMPHIS AREA LEGAL SERVICES INC PURPOSE: LEGAL SERVICES | $351,360 |
LEGAL AID SOCIETY OF MIDDLE TN AND THE CUMBERLANDS PURPOSE: ADMINISTRATION OF JUSTICE | $695,120 |
WEST TENNESSEE LEGAL SERVICES INC PURPOSE: LEGAL SERVICES | $207,900 |
TENNESSEE JUSTICE CENTER PURPOSE: LEGAL SERVICES | $284,200 |
TENNESSEE ALLIANCE FOR LEGAL SERVICES PURPOSE: LEGAL SERVICES | $75,000 |