Skip to main content

Nonprofit · EIN 59-1777911

TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION

Tax-exempt · COOKEVILLE, TN 38505

Financials

$10.6M$9M2022$13.8M$12.9M2023$16.4M$16.1M2024
Revenue Expenses · by fiscal year end
Financials of TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$16,396,588$16,085,258$311,330$158,129,818$1,790,144$156,339,674
June 30, 2024990$13,769,757$12,861,723$908,034$149,916,981$2,164,628$147,752,353
June 30, 2023990$10,635,899$9,033,896$1,602,003$138,086,554$2,628,900$135,457,654
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,665,207
Program service revenue
$0
Investment income
$6,955,038
Royalties
$2,888
Net rental income
$278,567
Net gain from sales of assets
$6,777,562
Net income from fundraising events
$75,028
Net income from sales of inventory
$6,842
Other revenue
$1,776,343

Expenses

Grants and similar amounts paid
$12,660,537
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$297,833
Depreciation
$228,325
Program services (functional)
$15,727,704
Management and general (functional)
$327,500
Fundraising (functional)
$30,054

Balance sheet and other

Total assets, start of year
$149,916,981
Total assets, end of year
$158,129,818
Total liabilities, end of year
$1,790,144
Net assets, end of year
$156,339,674
Land, buildings and equipment
$14,789,388
Publicly traded securities
$123,280,580
Gross unrelated business income
$947,852
Gross receipts
$42,589,906
Employees
0
Volunteers
150
Year formed
1977
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR PHILIP OLDHAMCO-CHAIR
Trustee or director, Officer
3.7$0$532,925$56,177
DR CLAIRE STINSONTREASURER
Trustee or director, Officer
3.7$0$248,025$35,417
DR KEVIN BRASWELLSECRETARY
Trustee or director, Officer
18.7$0$215,402$41,771
ALFONZO ALEXANDERVice Chair
Trustee or director, Officer
0.5$0$0$0
M Dianne MurphyChair
Trustee or director, Officer
0.5$0$0$0
AMY NEWVice Chair-Elect
Trustee or director
0.5$0$0$0
Braxton WestbrookStudent Member
Trustee or director
0.5$0$0$0
CHRIS PRIVONDIRECTOR
Trustee or director
0.5$0$0$0
FRED LOWERYDIRECTOR
Trustee or director
0.5$0$0$0
John MilneDirector
Trustee or director
0.5$0$0$0
JOHN W ROSEDIRECTOR
Trustee or director
0.5$0$0$0
NATHAN BURTONDIRECTOR
Trustee or director
0.5$0$0$0
Peter ShenDirector
Trustee or director
0.5$0$0$0
Teresa Chasteen-DunnDirector
Trustee or director
0.5$0$0$0
TRUDY HARPERDIRECTOR
Trustee or director
0.5$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
Zaire MattoxStudent Member
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR PHILIP OLDHAMCO-CHAIR
Trustee or director, Officer
3.7$0$477,090$53,704
DR CLAIRE STINSONTREASURER
Trustee or director, Officer
3.7$0$228,185$33,094
DR KEVIN BRASWELLSECRETARY
Trustee or director, Officer
18.7$0$205,310$40,462
ALFONZO ALEXANDERVice Chair
Trustee or director, Officer
0.5$0$0$0
M Dianne MurphyChair
Trustee or director, Officer
0.5$0$0$0
AMY NEWVice Chair-Elect
Trustee or director
0.5$0$0$0
ASHRAF ISLAMDIRECTOR
Trustee or director
0.5$0$0$0
CHRIS PRIVONDIRECTOR
Trustee or director
0.5$0$0$0
DAVID COOLEYDIRECTOR
Trustee or director
0.5$0$0$0
FRED LOWERYDIRECTOR
Trustee or director
0.5$0$0$0
John MilneDirector
Trustee or director
0.5$0$0$0
JOHN W ROSEDIRECTOR
Trustee or director
0.5$0$0$0
MARY GRAVESDIRECTOR
Trustee or director
0.5$0$0$0
NATHAN BURTONDIRECTOR
Trustee or director
0.5$0$0$0
NATHAN TUDORDIRECTOR
Trustee or director
0.5$0$0$0
Teresa Chasteen-DunnDirector
Trustee or director
0.5$0$0$0
THOMAS H JONESDIRECTOR
Trustee or director
0.5$0$0$0
TRUDY HARPERDIRECTOR
Trustee or director
0.5$0$0$0
Zaire MattoxStudent Member
Trustee or director
0.5$0$0$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR PHILIP OLDHAMCO-CHAIR
Trustee or director, Officer
3.7$0$463,133$50,037
DR CLAIRE STINSONTREASURER
Trustee or director, Officer
3.7$0$218,751$31,780
DR KEVIN BRASWELLSECRETARY
Trustee or director, Officer
18.7$0$208,262$38,720
CHRIS PRIVONDIRECTOR
Trustee or director
0.5$0$0$0
ASHRAF ISLAMDIRECTOR
Trustee or director
0.5$0$0$0
HARRY STONECIPHERDIRECTOR
Trustee or director
0.5$0$0$0
OTTIS PHILLIPSVICE-CHAIR
Trustee or director, Officer
0.5$0$0$0
DAVID COOLEYDIRECTOR
Trustee or director
0.5$0$0$0
DIANNE MURPHYDIRECTOR
Trustee or director
0.5$0$0$0
THOMAS M HUDSON JRDIRECTOR
Trustee or director
0.5$0$0$0
NATHAN TUDORDIRECTOR
Trustee or director
0.5$0$0$0
THOMAS H JONESDIRECTOR
Trustee or director
0.5$0$0$0
FRED LOWERYDIRECTOR
Trustee or director
0.5$0$0$0
ALLEN MCCAMPBELLDIRECTOR
Trustee or director
0.5$0$0$0
JOHN W ROSEDIRECTOR
Trustee or director
0.5$0$0$0
TRUDY HARPERDIRECTOR
Trustee or director
0.5$0$0$0
MARY GRAVESDIRECTOR
Trustee or director
0.5$0$0$0
AMY NEWDIRECTOR
Trustee or director
0.5$0$0$0
ALFONZO ALEXANDERDIRECTOR
Trustee or director
0.5$0$0$0
NATHAN BURTONDIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
UNIV ADVAN DERRYBERRY HALL, COOKEVILLE, TN 38505-0001
In care of
% DR CLAIRE STINSON
Principal officer (990 for 2024)
DR PHILIP OLDHAM, TTU BOX 5007, COOKEVILLE, TN 38505
Signed the 990
DR CLAIRE STINSON, TREASURER
Phone
(931) 372-3311
Return prepared by
Forvis Mazars LLP

Mission

THE TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION IS A NON-PROFIT 501(C)(3) CORPORATION WHOSE PURPOSE IS TO PROVIDE GUIDANCE AND ASSISTANCE FOR A PROGRAM OF PRIVATE GIFT SUPPORT FOR TENNESSEE TECH. MORE SPECIFICALLY ITS PURPOSES ARE TO PROMOTE THE DEVELOPMENT PROGRAM AT TENNESSEE TECH; PROVIDE ADVICE, COUNSEL, AND ASSISTANCE TO THE PRESIDENT ON STRATEGIC ISSUES THAT IMPACT THE DIRECTION AND FUTURE OF THE UNIVERSITY; ENCOURAGE, RECOGNIZE, AND REWARD OUTSTANDING ACHIEVEMENTS BY FACULTY, STAFF, STUDENTS, ALUMNI, AND FRIENDS OF TENNESSEE TECH; AND RECEIVE AND ADMINISTER PRIVATE FUNDS WHICH ARE CONTRIBUTED TO TENNESSEE TECH AND IN THOSE CASES WHERE FUNDS ARE GIVEN WITH RESTRICTIONS, TO FOLLOW AND ABIDE BY THE PROVISIONS OF THE RESTRICTIONS.

990 for the year ended June 30, 2025

Program accomplishments

  • TRANSFERRED FUNDS TO TENNESSEE TECHNOLOGICAL UNIVERSITY FOR THE SUPPORT OF VARIOUS DEPARTMENTS.
    Expenses $9,263,863 · grants $9,263,863
  • PROVIDED FUNDS FOR SCHOLARSHIPS AND SUPPORT OF TENNESSEE TECHNOLOGICAL UNIVERSITY.
    Expenses $3,396,674 · grants $3,396,674 · revenue $27,382
  • MADE PURCHASES, PAID FOR TRAVEL, AND PERFORMED MAINTENANCE ON BEHALF OF TENNESSEE TECHNOLOGICAL UNIVERSITY DEPARTMENTS, PER DONOR REQUESTS.
    Expenses $3,067,167

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-1777911
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$158,129,818
Income (IRS master file)
$42,589,906

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$16,396,588$16,085,258$158,129,818IRS
990-TJune 2025–––IRS
990June 2024$13,769,757$12,861,723$149,916,981IRS
990-TJune 2024–––IRS
990June 2023$10,635,899$9,033,896$138,086,554XML
990-TJune 2023–––IRS
990June 2022$26,869,874$8,022,927$130,038,853IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1777911).

Questions about TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION

What is the EIN of TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION?
The employer identification number (EIN) of TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION is 59-1777911.
Is TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names DR PHILIP OLDHAM.
Who are the officers and directors of TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does TENNESSEE TECHNOLOGICAL UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $16,396,588, expenses of $16,085,258 and total assets of $158,129,818 at year end.

Other nonprofits in COOKEVILLE

All nonprofits in COOKEVILLE · Tennessee · Education