The Nashville Bar Foundation
- Assets
- $598.4k
- Revenue
- $199.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 05/1981
- Data as of
- 12/2022
- EIN
- 62-1097270
Organization Overview
The Nashville Bar Foundation is located in Nashville, TN. The organization was established in 1981. According to its NTEE Classification (I80) the organization is classified as: Legal Services, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville 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 12/2022, Nashville Bar Foundation generated $199.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $187.1k during the year ending 12/2022. While expenses have increased by 12.2% per year over the past 8 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.
Since 2015, Nashville Bar Foundation has awarded 35 individual grants totaling $443,266. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NASHVILLE BAR FOUNDATION IS TO SUPPORT AND EXPAND THE PROVISION OF LAW-RELATED EDUCATIONAL AND CHARITABLE PROGRAMS AND SERVICES THAT PROMOTE THE KNOWLEDGE, UNDERSTANDING, AND RESPECT FOR THE LAW AMONG STUDENTS, THE GENERAL PUBLIC, AND THE LEGAL COMMUNITY; TO PRESERVE THE HONOR AND INTEGRITY OF THE LEGAL PROFESSION; TO FOSTER COLLEGIALITY AMONG MEMBERS OF THE LEGAL PROFESSION; AND TO IMPROVE THE ADMINISTRATION OF JUSTICE THROUGHOUT THE GREATER NASHVILLE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NASHVILLE BAR FOUNDATION RAISES FUNDS THAT HAVE AN IMPACT ON INITIATIVES IN THE NASHVILLE LEGAL COMMUNITY.
NASHVILLE BAR FOUNDATION LEADERSHIP FORUM - THE LEADERSHIP FORUM WILL PROVIDE A SELECT GROUP OF ATTORNEYS A UNIQUE SETTING TO DEVELOP LEADERSHIP SKILLS THROUGH MONTHLY WORKSHOPS AND ACTIVITIES FOCUSING ON LOCAL LEGAL AND COMMUNITY ISSUES. THE LOCAL LEADERSHIP PROGRAM FOR LAWYERS OFFERS AN INNOVATIVE OPPORTUNITY TO LEARN, COLLABORATE, NETWORK AND SERVE THE LOCAL COMMUNITY AND THE LEGAL PROFESSION. THE LEADERSHIP FORUM IS DESIGNED FOR LAWYERS WITH THREE TO EIGHT YEARS OF EXPERIENCE AND THE SIZE OF THE CLASS WILL BE LIMITED TO TWENTY-FIVE LAWYERS WHO PRACTICE IN DAVIDSON COUNTY. THE CLASS WILL BE SELECTED FROM THOSE WHO APPLY, THE LEADERSHIP FORUM WILL ENCOURAGE DIVERSITY IN THE PRACTICE OF LAW AND HELP BUILD RELATIONSHIPS AMONG ATTORNEYS WITH DIVERSE BACKGROUNDS AND PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel L Clayton President | OfficerTrustee | 1 | $0 |
Nathan H Ridley General Coun | OfficerTrustee | 1 | $0 |
Anne C Martin Treasurer | OfficerTrustee | 1 | $0 |
James L Weatherly Jr Past Preside | OfficerTrustee | 1 | $0 |
Gail Vaughn Ashworth Trustee | Trustee | 1 | $0 |
Laura B Baker Trustee | Trustee | 1 | $0 |
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 | $165,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,628 |
| Total Program Service Revenue | $7,188 |
| Investment income | $1,825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,535 |
| Net Income from Fundraising Events | $22,590 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $199,766 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,801 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $187,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $354,828 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,400 |
| Accounts receivable, net | $0 |
| 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 | $22,406 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $184,111 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,635 |
| Total assets | $598,380 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,250 |
| 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 | $0 |
| Total liabilities | $4,250 |
| Net assets without donor restrictions | $543,214 |
| Net assets with donor restrictions | $50,916 |
| 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 | $598,380 |
Grants Awarded
Over the last fiscal year, The Nashville Bar Foundation has awarded $62,801 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LEGAL AID SOCIETY OF MD TN PURPOSE: SUPPORT PROGRAMS | $20,000 |
NASHVILLE BAR ASSOCIATION YLD PURPOSE: SUPPORT PROGRAMS | $31,301 |
ARTS AND BUSINESS COUNCIL PURPOSE: SUPPORT PROGRAMS | $11,500 |