Boards and Commissions

Chairs of Excellence Trust

Chairs of Excellence Trust is chaired by
Tennessee State Treasurer David H. Lillard, Jr.

University Professor and Student

The Chairs of Excellence Trust is a permanent trust fund authorized in 1984 to further the cause of higher education in Tennessee. The funding of the program is provided through contributions made by a private donor and a matching amount by the state, thus creating a chair.

Income from the chair is used to offset the cost of retaining a nationally or regionally recognized

scholar
at a state college or university who teaches in a specified academic area. The program is open to all state four-year colleges and universities, and the UT Space Institute.

A chair is authorized to spend 4% of the 3-year average market value of the chair. However, the corpus cannot be spent. Accordingly, only dividends, interests, and accumulated gains may be spent. Since 1984, a total of one hundred (100) chairs have been created.

The Treasury Investments Division is responsible for managing the assets of the Chairs of Excellence Trust.

Board Meetings and Materials



Upcoming Meetings

Recent Meetings

Meeting Date and Time
Thursday, November 14, 2024 at 1:00 p.m. CT

Location
Cordell Hull Building
Senate Hearing Room I
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

Meeting Date and Time
Thursday, October 10, 2024 at 1:00 p.m. CT

Location
William R. Snodgrass Tennessee Tower
Nashville Room, 3rd Floor
312 Rosa L. Parks Avenue
Nashville, Tennessee 37243

Documents to download

Meeting Date and Time
Wednesday, November 8, 2023 at 1:00 PM CT

Location
Cordell Hull Building
Senate Hearing Room I
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact the Advisory Council on Workers’ Compensation no less than two (2) days prior to the scheduled meeting date to allow time for the Department of Treasury to arrange for an accommodation. You may contact the Advisory Council on Workers’ Compensation Staff by phone at (615) 347-3791 or by email to the Administrator, Kevin McNelis, at Kevin.M.McNelis@tn.gov.

 

Documents to download

The Advisory Council on Workers’ Compensation will convene on September 20, 2023, at 9:00 a.m. Central Time in the Cordell Hull Building Senate Hearing Room I located at 425 Rep. John Lewis Way N., Nashville, Tennessee 37243.

Documents to download

Meeting Date and Time
Tuesday, November 1, 2022 at 8:30 AM CT

Location
Cordell Hull Building—Senate Hearing Room 1
425 Rep. John Lewis Way N.

Nashville, TN 37243

Individuals with disabilities who wish to participate in these proceedings and require accommodation should contact the administrator no less than two (2) days prior to the scheduled meeting to allow time for the Treasury Department to arrange for an accommodation. You may contact the Council at the Andrew Jackson Building, 13th Floor, 502 Deaderick Street, Nashville, Tennessee 37243; or Kevin McNelis by telephone at 615-347-3791 or by email at kevin.m.mcnelis@tn.gov.

Learn more about the Advisory Council on Workers' Compensation.

Documents to download

Meeting Date and Time
Thursday, September 8, 2022 at 1:00 PM CT

Location
Cordell Hull Building—House Hearing Room III
425 Rep. John Lewis Way N.
Nashville, TN

Learn more about the Advisory Council on Workers’ Compensation

Documents to download

The Advisory Council on Workers’ Compensation will meet at 11:30 a.m. (Central Time), Wednesday, October 13, 2021. This will be a virtual meeting via video and teleconference.

Watch the Meeting Video
Meeting number: 2319 916 4680
Password: fjRPcMjn932
OR
Join by phone:
Dial: 415-655-0001
Access code: 2319 916 4680

Documents to download

The Advisory Council on Workers' Compensation will meet at 3:00 p.m. C.T. Thursday, August 26, 2021, via Webex.

View Meeting Video

The purpose of this meeting is for the Advisory Council to hear and consider presentations by officials, analysts and actuaries concerning the current workers’ compensation insurance markets in Tennessee and claims administration data trends in the workers’ compensation system. The meeting will also serve as preparation for a subsequent meeting within 4-6 weeks at which point the Advisory Council will make a recommendation to the Commissioner of the Department of Commerce and Insurance relative to the voluntary market loss cost filing by NCCI, proposed to be effective March 1, 2022.

In the interest of public safety and welfare, this meeting will be held by electronic means only and will not occur in a physical location.

Documents to download

The Advisory Council on Workers’ Compensation will meet at 1:30 p.m. (CDT), Tuesday, June 1, 2021.

View Meeting Video

Meeting number: 161 396 8671
Password: i82gXfWDuf7
or
Join by phone:
Dial: 415-655-0003
Access code: 161 396 8671

Documents to download

The Advisory Council on Workers’ Compensation will meet at 1:30 p.m. (Central Time), Thursday, March 18, 2021. This will be a virtual meeting via video and teleconference.

View the Meeting Video

Join the meeting by Webex

Documents to download

Advisory Council on Workers' Compensation

Meeting Date and Time

Friday, October 16, 2020 at 10:00 a.m.

In the interest of public safety and welfare, this meeting will be held by electronic means only and will not occur in a physical location.

View the Video from the Meeting

Documents to download

Meeting Date and Time
Friday, August 28, 2020 at 10:00 A.M. CT

In the interest of public safety and welfare, this meeting will be held by electronic means only and will not occur in a physical location.

View the Video from the Meeting

Documents to download

Meeting Date and Time

Thursday, October 10, 2019 at 1:30 PM CT

Location

Cordell Hull Building—Senate Hearing Room I
425 5th Avenue North
Nashville, TN

View the video from the meeting

Learn more about the Advisory Council on Workers’ Compensation

Documents to download

Meeting Date and Time

Tuesday, August 27, 2019 at 1:30 PM CT

Location

Cordell Hull Building—Senate Hearing Room I
425 5th Avenue North
Nashville, TN

View the meeting video

Learn more about the Advisory Council on Workers’ Compensation

Documents to download

Meeting Date and Time

Monday, March 18, 2019 at 1:00 PM CT

Location

Cordell Hull Building—House Hearing Room I
425 5th Avenue North
Nashville, TN

View the meeting video

Learn more about the Advisory Council on Workers’ Compensation

Documents to download

Past Meetings (2022 and Prior)

Date and Time Location Agenda/Minutes
Thursday, October 6, 2022
9:30 am CT
Cordell Hull Building
Conference Room D
425 Rep. John Lewis Way North
Nashville, Tennessee 37243

Audit Committee for the Chairs of Excellence Trust and
the College Savings Trust Fund - Public Meeting Notice

Audit Committee for the Chairs of Excellence Trust and
the College Savings Trust Fund - Agenda

Thursday, October 6, 2022
10:00 am CT
Cordell Hull Building
Conference Room 8D
425 Rep. John Lewis Way North
Nashville, Tennessee 37243

Board of Trustees - Public Meeting Notice

Board of Trustees Agenda and Materials

Thursday, October 8, 2020
10:00 am (CT)
Virtual meeting via Webex Board of Trustees - Public Meeting Notice
Board of Trustees Agenda and Materials
Tuesday, October 1, 2019
10:00 am (CT)
Tennessee State Capitol (ground floor)
Executive Conference Room
600 Martin Luther King Jr.
Nashville, Tennessee
Meeting Agenda
Thursday, October 4, 2018
10:00 am (CT)
Tennessee State Capitol (ground floor)
Executive Conference Room
600 Martin Luther King Jr.
Nashville, Tennessee
Meeting Agenda
Wednesday, October 11, 2017
10:00 am (CT)
Tennessee State Capitol (ground floor)
Executive Conference Room
600 Martin Luther King Jr.
Nashville, Tennessee
Meeting Minutes
Wednesday, October 5, 2016
10:00 am (CT)
Tennessee State Capitol (ground floor)
Executive Conference Room
600 Martin Luther King Jr.
Nashville, Tennessee
Meeting Minutes
Tuesday, October 13, 2015
10:00 am (CT)
Tennessee State Capitol (ground floor)
Executive Conference Room
600 Martin Luther King Jr.
Nashville, Tennessee
Meeting Minutes
Thursday, December 17, 2015
10:00 am (CT)
Legislative Plaza
Room 30
Nashville, Tennessee
Meeting Minutes

Spending Plan Revisions

Date and Time Subject Documents
May 25, 2019
MTSU Revised Spending Plan Approval
FY 2017-18
May 9, 2019
MTSU Revised Spending Plan Request
FY 2017-18
June 25, 2018 UT Revised Spending Plan Approval
FY 2017-18
June 8, 2018 UT Revised Spending Plan Request
FY 2017-18

View Chairs of Excellence Trust Financial Statements and Investment Reports

Financial Statements on desk

Financial statements prior to 2017 are included in the Treasurer's Report for their respective year.

Chairs of Excellence Trust Board Members

The Chairs of Excellence Trust is comprised of the State Treasurer who serves as Chair, and seven (7) ex officio members.


Ex-Officio Members

Member Title/Department Location
David H. Lillard, Jr. (Chairman)
State Treasurer Nashville, TN
Bill Lee Governor Nashville, TN
Jason Mumpower Comptroller of the Treasury Nashville, TN
Tre Hargett
Secretary of State
Nashville, TN
Jim Bryson Commissioner, Finance & Administration Nashville, TN
Brian Noland President, East Tennessee State University Nashville, TN
Randy Boyd President, University of Tennessee Nashville, TN
Dr. Bob Smith (non-voting Board Member) Interim Executive Director, TN Higher Education Commission Nashville, TN

Audit Committee

Member Title/Department Location
Randy Boyd
President, University of Tennessee Nashville, TN
Jim Bryson Commissioner, Finance & Administration Nashville, TN
Tre Hargett
Secretary of State
Nashville, TN
Brian Noland
President, East Tennessee State University
Nashville, TN

Contact Us

Have questions about the Chairs of Excellence Trust?  We're here to help!

 (615) 253-2265

Jaye.Chavis@tn.gov

Mailing Address

State of Tennessee
Chairs of Excellence Trust
Andrew Jackson Building, 15th Floor
502 Deaderick Street
Nashville, TN 37243-0248