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Tennessee · Nonprofit

TENNESSEE STATE UNIVERSITY FOUNDATION

TENNESSEE STATE UNIVERSITY FOUNDATION (Tennessee) receives grants from 70 organizations whose IRS filings report $4,851,273 to it, the largest being The Bank of America Charitable Foundation Inc ($751,383). 38 of them have funded it in more than one year.

Revenue FY2025
$13M
Funders on record
70
Grants received
$4.9M
Net assets
$134M
38/70 repeat funderspeak grant-dependency 8%
01What it does

What Tennessee State University Foundation does

Mission

To promote and support literacy, scientific, educational,scholarship,research, and developmental goals at tennessee state university.

As stated on its FY2025 Form 990.

Program

  1. The foundation supporting the mission of tennessee state university by providing scholarships, stiphens and operational support.

    $8,869,658 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,869,658.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($12M) Expenses 100 ($9.5M) Net assets 100 ($109M)2024 Revenue 194 ($22M) Expenses 84 ($8.0M) Net assets 114 ($125M)2025 Revenue 110 ($13M) Expenses 99 ($9.4M) Net assets 122 ($134M)
202320242025
Revenue (110)Expenses (99)Net assets (122)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $109M to $125M (+14%).

$109M
$125M
$134M
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

51% of TENNESSEE STATE UNIVERSITY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$2.0M
’23
$14M
’24
$3.3M
’25
32
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Valerie R Love

Chairman

As listed on its FY2025 Form 990.

202320242025
Listed171719
Joined·+0+9
No longer listed·07
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 25 funders, grant income rose $132k → $965k.

19 of 70 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $45k from one payer (the payer shares this organization's board, largest The Tennessee State University National Alumni Association). These are real filings, and they are not money TENNESSEE STATE UNIVERSITY FOUNDATION raised.

From the IRS filings of TENNESSEE STATE UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 70 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TENNESSEE STATE UNIVERSITY FOUNDATION has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TENNESSEE STATE UNIVERSITY FOUNDATION.

15%
largest funder
36%
top three
~16
effective funders

Largest funder’s share by year: 2017 36% · 2018 27% · 2019 49% · 2020 21% · 2021 23% · 2022 37% · 2023 26% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

27% of TENNESSEE STATE UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

TENNESSEE STATE UNIVERSITY FOUNDATION draws 89% of its grant income from funders outside Tennessee, across 20 states in all.

MN
IL
NY
MA
OH
PA
NJ
CT
RI
MO
VA
MD
DE
TN
NC
DC
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Tennessee out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TENNESSEE STATE UNIVERSITY FOUNDATION runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin26% · top quartile
Months of reserve32.1mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like TENNESSEE STATE UNIVERSITY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

19
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for TENNESSEE STATE UNIVERSITY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TENNESSEE STATE UNIVERSITY FOUNDATION?
TENNESSEE STATE UNIVERSITY FOUNDATION (Tennessee) receives grants from 70 organizations whose IRS filings report $4,851,273 to it, the largest being The Bank of America Charitable Foundation Inc ($751,383). 38 of them have funded it in more than one year.
How many funders does TENNESSEE STATE UNIVERSITY FOUNDATION have?
IRS filings report 70 organizations giving $4,851,273 in grants to TENNESSEE STATE UNIVERSITY FOUNDATION, 38 of which have funded it in more than one year.
Who is the largest funder of TENNESSEE STATE UNIVERSITY FOUNDATION?
The Bank of America Charitable Foundation Inc is the largest funder on record, with $751,383 in grants. The full list of funders is on this page.
How can an organization like TENNESSEE STATE UNIVERSITY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 70 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing