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
Monday, February 24, 2025, at 1:30 p.m. (Central Time)

Location
Virtual Meeting

 

Microsoft Teams Need help?

Join the meeting now
Meeting ID: 290 123 793 620
Passcode: 9uT7Ky66

Dial in by phone
+1 629-209-4396,,635808950# United States, Triune
Find a local number
Phone conference ID: 635 808 950#

Join on a video conferencing device
Tenant key: stateoftn@m.webex.com
Video ID: 117 201 413 8
More info

Documents to download

The Collateral Pool Board will meet on November 30, 2023, at 1:00 p.m. (Central Time). The meeting will be held virtually.  At the meeting, the Board will consider the items on the attached agenda.

Watch Meeting

 

Documents to download

The Collateral Pool Board will meet at 1:00 p.m. (Central Time) on Wednesday, June 7, 2023. This will be a virtual meeting that will take place via TEAMS application. This meeting will include members of the Collateral Pool Board who will be participating by electronic means of communication.

Documents to download

Collateral Pool Board

Meeting Date and Time
Friday, October 2, 2020 at 2:30 P.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.

Attend this meeting via WebEx

Meeting number: 171 961 0539
Password: rvSipkBR887
OR
Join by phone:
Dial:
1-415-655-0003
Access Code: 171 961 0539
 

Documents to download

Collateral Pool Board Meeting

Meeting Date and Time
Thursday, September 7, 2017 at 3:30 PM CT

Location
Tennessee State Capitol Building
Conference Room G-11
600 Martin Luther King Jr. Blvd.
Nashville, Tennessee

Documents to download

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
Randy Boyd President, University of Tennessee Nashville, TN
Dr. Steven Gentile Executive Director, Tennessee 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

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