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
Friday, December 6, 2024 at 10:00 a.m. CT

Location
Cordell Hull Building
House Hearing Room III, 1st Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Watch meeting LIVE.

Documents to download

Meeting Date and Time
Friday, December 6, 2024 at 9:00 a.m. CT

Location
Cordell Hull Building
Conference Room D, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

Meeting Date and Time
Friday, December 6, 2024 at 9:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

Meeting Date and Time
Friday, December 6, 2024 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

Meeting Date and Time
Thursday, October 3, 2024 at 2:00* p.m. CT
*The time was originally 3:30 p.m. but has changed.

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

Meeting Date and Time
Friday, September 6, 2024 at 8:00 a.m. CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

Meeting Date and Time
Friday, June 28, 2024 at 10:00 a.m. CT

Location
Cordell Hull Building
House Hearing Room III
425 Rep. John Lewis Way
Nashville, Tennessee 37243

Watch Live

Documents to download

Meeting Date and Time
Friday, March 22, 2024 at 10:00 a.m. CT

Location
Nashville Room on the Third Floor
William R. Snodgrass, Tennessee Tower

Watch video

Documents to download

TCRS Board of Trustees Meeting

Meeting Date and Time
Friday, December 1, 2023 at 10:00 a.m. CT

Location
Cordell Hull Building
House Hearing Room III
425 Rep. John Lewis Way N.
Nashville, TN  37243

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Please see the attached revised agenda.

Watch Meeting

Documents to download

TCRS Administrative Committee Meeting

Meeting Date and Time
Friday, December 1, 2023 at 9:00 AM CT

Location
Cordell Hull Building
8th Floor, Conference Room D
425 5th Avenue North
Nashville, Tennessee 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Investment Committee Meeting

Meeting Date and Time
Friday, December 1, 2023 at 9:00 AM CT

Location
Cordell Hull Building
8th Floor, Conference Room C
425 5th Avenue North
Nashville, Tennessee 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Audit Committee Meeting

Meeting Date and Time
Friday, December 1, 2023 at 8:00 AM CT

Location
Cordell Hull Building
8th Floor, Conference Room C
425 5th Avenue North
Nashville, Tennessee 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

Meeting Date and Time
Monday, November 20, 2023 at 10:00 AM (CT)

Location
Cordell Hull Office Building
House Hearing Room III
425 5th Avenue North
Nashville, Tennessee 37243

Watch Meeting

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact Heather Sczepczenski with the State Treasurer’s Office no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation.  You may contact Heather Sczepczenski by telephone, correspondence or email at (615) 741-2956; State Treasurer’s Office; State Capitol; 600 Martin Luther King, Jr. Blvd.; Nashville, Tennessee 37243; or heather.sczepczenski@tn.gov.

Documents to download

TCRS Board of Trustees Meeting

Meeting Date and Time
Friday, September 29, 2023 at 10:00 AM CT

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

To view the live stream, click here.

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Administrative Committee Meeting

Meeting Date and Time
Friday, September 29, 2023 at 9:00 AM CT

Location
Cordell Hull State Office Building
Conference Room D, 8th floor
425 Rep. John Lewis Way N.
Nashville, TN

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Investment Committee Meeting

Meeting Date and Time
Friday, September 29, 2023 at 9:00 AM CT

Location
Cordell Hull State Office Building
Conference Room C, 8th floor
425 Rep. John Lewis Way N.
Nashville, TN

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Audit Committee Meeting

Meeting Date and Time
Friday, September 29, 2023 at 8:00 AM CT

Location
Cordell Hull State Office Building
Conference Room C, 8th floor
425 Rep. John Lewis Way N.
Nashville, TN

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Board of Trustees Meeting

Meeting Date and Time
Friday, June 23, 2023 at 10:00 AM CT

Location
Cordell Hull Building
House Hearing Room III, 1st Floor
425 Rep. John Lewis Way N.
Nashville, TN 37243

To view the live stream, click here.

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Administrative Committee Meeting

Meeting Date and Time
Friday, June 23, 2023 at 9:00 AM CT

Location
Cordell Hull Building
Conference Room D, 8th Floor
425 Rep. John Lewis Way N.
Nashville, TN 37243

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Investment Committee Meeting

Meeting Date and Time
Friday, June 23, 2023 at 9:00 AM CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, TN 37243

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Audit Committee Meeting

Meeting Date and Time
Friday, June 23, 2023 at 8:00 AM CT

Location
Cordell Hull Building
Conference Room C, 8th Floor
425 Rep. John Lewis Way N.
Nashville, TN 37243

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

Meeting Date and Time
Friday, April 21, 2023 at 10:00 a.m. CT

Location
Ed Jones Auditorium at the Ellington Agricultural Center located at 436 Hogan Road, Nashville, Tennessee 37220

Watch Live

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact Bridget Dorse at (615) 741-7063 with the Tennessee Consolidated Retirement System no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation.  You may also contact the Tennessee Consolidated Retirement System at 502 Deaderick Street, 15th Floor, Andrew Jackson Building at (615) 741-7063 or the Board Secretary, Jamie Wayman by email at jamie.wayman@tn.gov.

Documents to download

Meeting Date and Time
Friday, April 21, 2023 at 9:00 a.m. CT

Location
Ed Jones Auditorium at the Ellington Agricultural Center located at 436 Hogan Road, Nashville, Tennessee 37220

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact Bridget Dorse at (615) 741-7063 with the Tennessee Consolidated Retirement System no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may also contact the Tennessee Consolidated Retirement System at 502 Deaderick Street, 15th Floor, Andrew Jackson Building at (615) 741-7063 or the Board Secretary, Jamie Wayman by email at jamie.wayman@tn.gov.

Documents to download

Meeting Date and Time
CANCELED - Friday, March 31, 2023 immediately after the conclusion of the Board of Trustees meeting

Location
William Snodgrass TN Tower
Nashville Room, 3rd Floor
312 Rosa L. Parks Ave.
Nashville, TN 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact Bridget Dorse at (615) 741-7063 with the Tennessee Consolidated Retirement System no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact the Tennessee Consolidated Retirement System at 502 Deaderick Street, 15th Floor, Andrew Jackson Building at (615) 741-7063 or the Board Administrator Jamie Wayman by email at jamie.wayman@tn.gov.

Documents to download

Meeting Date and Time
CANCELED - Friday, March 31, 2023 at 10:00 AM CT

Location
William Snodgrass TN Tower
Nashville Room, 3rd Floor
312 Rosa L. Parks Ave.
Nashville, TN 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

Meeting Date and Time
CANCELED - Friday, March 31, 2023 at 9:00 AM CT

Location
William Snodgrass TN Tower
Conference Room G, 3rd Floor
312 Rosa L. Parks Ave.
Nashville, TN 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

Meeting Date and Time
CANCELED - Friday, March 31, 2023 at 9:00 AM CT

Location
William Snodgrass TN Tower
Conference Room B, 3rd Floor
312 Rosa L. Parks Ave.
Nashville, TN 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Meeting Date and Time
CANCELED - Friday, March 31, 2023 at 8:00 AM CT

Location
William Snodgrass TN Tower
Conference Room B, 3rd Floor
312 Rosa L. Parks Ave.
Nashville, TN 37219

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

TCRS Investment Committee Meeting

Meeting Date and Time
Friday, January 13, 2023 at 9:00 a.m. CT

Location
Tennessee State Capitol
Executive Conference Room
600 Dr. Martin L. King, Jr. Blvd.
Nashville, TN 37243

Individuals with disabilities who wish to participate in these proceedings and require an accommodation should contact our administrator no less than two (2) days prior to the scheduled meeting date to allow time for the Treasury Department to arrange for an accommodation. You may contact Rhonda Myers, Administrator, Investment Division, Tennessee Department of Treasury, at 615-532-1150 or by email at Rhonda.Myers@tn.gov.

Documents to download

The Tennessee Consolidated Retirement System (“TCRS”) Board of Trustees will be meeting at 10:00 A.M. (Central Time) on September 29, 2022, in person, at the Cordell Hull Building, House Hearing Room III, 425 Rep. John Lewis Way North, Nashville, Tennessee 37243. The TCRS Board of Trustees Administrative, Investment and Audit Committees will also be meeting on September 29, 2022, in person. The meetings will be held at the following times and locations:

  • The Audit Committee will be meeting at 8:00 a.m. CT in Room C, on the 8th Floor of the Cordell Hull Building
  • The Investment Committee will be meeting at 9:00 a.m. CT, in Room C, on the 8th Floor of the Cordell Hull Building
  • The Administrative Committee will be meeting at 9:00 a.m. CT, in Room D, on the 8th Floor of the Cordell Hull Building

The Board and Committees will consider the items contained in their respective agendas which will be attached when finalized.

Documents to download

The Tennessee Consolidated Retirement System (“TCRS”) Board of Trustees Investment Committee will be meeting at 9:00 A.M. (Central Time) on September 29, 2022, in person, at the Cordell Hull Building, Room C, on the 8th Floor, 425 Rep. John Lewis Way North, Nashville, Tennessee 37243.

The Board and Committees will consider the items contained in their respective agendas which will be attached when finalized.

Documents to download

The Tennessee Consolidated Retirement System (“TCRS”) Board of Trustees Administrative Committee will be meeting at 9:00 A.M. (Central Time) on September 29, 2022, in person, at the Cordell Hull Building, Room D, on the 8th Floor, 425 Rep. John Lewis Way North, Nashville, Tennessee 37243.

The Board and Committees will consider the items contained in their respective agendas.

Documents to download

The Tennessee Consolidated Retirement System (“TCRS”) Board of Trustees Audit Committee will be meeting at 8:00 A.M. (Central Time) on September 29, 2022, in person, at the Cordell Hull Building, Room C, on the 8th Floor, 425 Rep. John Lewis Way North, Nashville, Tennessee 37243.

The Board and Committees will consider the items contained in their respective agendas which will be attached when finalized.

Documents to download

The Tennessee Consolidated Retirement System (TCRS) Board of Trustees will meet at 10 a.m. (CT) Friday, March 25, 2022, via Webex. The TCRS Board of Trustees Administrative Committee and Audit Committee will also be meeting on March 25, 2022, via WebEx as follows:

  • The Audit Committee will meet at 8 a.m. CT via WebEx.
  • The Administrative Committee will meet at 9 a.m. CT via WebEx.
  • The TCRS Board of Trustees will meet at 10 a.m. CT via WebEx.

Join the meeting via Webex

Documents to download

The Tennessee Consolidated Retirement System Board of Trustees, along with its Administrative Committee and Audit Committee, will meet on Friday, December 3, 2021, via electronic/virtual communication as follows:

The Audit Committee will meet at 8:00 a.m. CT via Microsoft TEAMS—
Join the Audit Committee meeting

The Administrative Committee will meet at 9:00 a.m. CT via WebEx—
Join the Administrative Committee Meeting

The TCRS Board of Trustees will meet at 10:00 a.m. CT via WebEx—
Join the TCRS Board Meeting

Documents to download

The Tennessee Consolidated Retirement System (TCRS) Board of Trustees will meet at 10:00 A.M. (Central Time) Friday, June 25, 2021 via WebEx. 

Join the meeting by Webex

The TCRS Board of Trustees Administrative Committee and Audit Committee will also meet on June 25, 2021, via WebEx as follows:

-The Audit Committee will meet at 8:00 a.m. CT via WebEx.

-The Administrative Committee will meet at 9:00 a.m. CT via WebEx.

-The TCRS Board of Trustees will meet at 10:00 a.m. CT via WebEx.

Documents to download

The Investment Committee of the Tennessee Consolidated Retirement System (TCRS) will meet at 2:00 p.m. CT Monday, April 26, 2021, via electronic communications.

Join the meeting by Webex

Meeting number (access code): 185 563 7152
Meeting password: Pp2vM5Qisc3

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