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
Tuesday, June 24, 2025 after the conclusion of the TNFLC Audit Committee meeting scheduled for 1:00 p.m. (CT)

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

Documents to download

Meeting Date and Time
Friday, June 28, 2024 at 2:30 p.m. CT or immediately after the conclusion of the TNFLC Audit Committee Meeting, whichever is earlier

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

Documents to download

The Tennessee Financial Literacy Commission (TNFLC) Board of Directors will meet on June 22, 2023 at 10:00AM (Central Time) or immediately after the conclusion of the TNFLC Audit Committee Meeting, whichever is earlier, in Classroom 1 at the Tennessee State Library and Archives, located at 1001 Rep. John Lewis Way N., Nashville, Tennessee 37219.

Documents to download

The Executive Committee of the Tennessee Financial Literacy Commission will meet virtually at 1:30 p.m. (Central Time) on Thursday, October 13, 2022. This meeting will be conducted through WebEx. The meeting may be accessed through the following link: https://tn.webex.com/tn/j.php?MTID=m48d7429ce13e2558d44f5505311be534

Documents to download

The Tennessee Financial Literacy Commission Board of Directors will meet at 2:00 p.m. (CT) June 16, 2022, in the Executive Conference Room on the Ground Floor of the Tennessee State Capitol, at 600 Dr. Martin Luther King, Jr. Blvd., Nashville, Tennessee. The Audit Committee of the TNFLC Board will begin immediately following the TNFLC Board meeting. See the linked meeting agenda below.

Documents to download

A meeting of the Tennessee Financial Literacy Audit Committee has been scheduled for Monday, June 14, 2021. A copy of the audit committee meeting agenda is included with this notice. The meeting will begin at 3:00 p.m. (central time) through WebEx Events.

Join the meeting by Webex

Documents to download

UPDATE  - This meeting was canceled due to a lack of quorum. It will be rescheduled for a later date.

A meeting of the Tennessee Financial Literacy Audit Committee has been scheduled for Thursday, June 3, 2021. A copy of the audit committee meeting agenda is included with this notice. The meeting will begin at 9:30 a.m. (central time) through WebEx Events.

Join the meeting by Webex

Documents to download

Meeting Date and Time

Friday, June 5, 2020 at 1:00 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: 613 790 963

Password:  8GJpp3AxRc4

OR

Join by phone:

Dial: 1-415-655-0003 US TOLL

Access code: 613 790 963

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