Martin Methodist Foundation (Formerly Martin Methodist College)

The Martin Methodist Foundation, previously known as Martin Methodist College, is a nonprofit organization situated in Nashville, Tennessee. Its primary purpose is to manage and distribute funds to charitable organizations, as per the guidelines set by sections 170(C)(1), 642(C), 2055(A), and 2533 of the Internal Revenue Code, or their corresponding provisions in future tax laws. Recently, on July 1, 2021, the institution underwent a significant transformation as it entered into an asset transfer and transition agreement with the University of Tennessee. This agreement allowed the University to absorb Martin Methodist College's institutional assets and operations, thereby establishing a new campus of the University of Tennessee at the college's site, which was named the University of Tennessee, Southern. The General Assembly of the State of Tennessee approved this new campus and related transactions on April 29, 2021. The Martin Methodist College endowment, which the existing Martin Methodist College (now Martin Methodist Foundation) nonprofit corporation retains and manages, continues to be utilized for charitable purposes acceptable to the Tennessee Conference of the United Methodist Church.

Martin Methodist Foundation (Formerly Martin Methodist College) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Methodist Foundation (Formerly Martin Methodist College) submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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The Martin Methodist Foundation, formerly known as Martin Methodist College, is responsible for receiving, investing, and distributing funds to eligible organizations. Following an asset transfer and transition agreement made on July 1, 2021, the University of Tennessee absorbed the college's assets and operations. This led to the establishment of a new campus of the University of Tennessee, named the University of Tennessee, Southern. The Martin Methodist College endowment, now managed by the Martin Methodist Foundation nonprofit corporation, is intended for charitable purposes acceptable to the Tennessee Conference of the United Methodist Church. The foundation's activities are primarily focused on distributing funds to eligible organizations, adhering to the tax laws.

Richard Warren is the Chairman of Martin Methodist Foundation (Formerly Martin Methodist College).

Martin Methodist Foundation (Formerly Martin Methodist College)'s revenue in 2022 was $1,628,893.

The Martin Methodist Foundation (Formerly Martin Methodist College)’s most recent form 990 was submitted in 2022 and can be accessed here