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

Event date: 12/1/2023 10:00 AM - 12:00 PM

Amanda Gargus / Wednesday, March 22, 2023

/ Categories: Boards and Commissions, Tennessee Consolidated Retirement System (TCRS), Board of Trustees

TCRS Board of Trustees Meeting

The Board of Trustees will meet from 10:00 a.m. - 12:00 p.m. CT, Cordell Hull Building, Hearing Room III

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

3949

Documents to download

TCRS_Public_Meeting_Notice_12012023_revised(.pdf, 75.04 KB) - 597 download(s)
TCRS Public Meeting Notice 12 01 2023(.pdf, 75.23 KB) - 535 download(s)
TCRS Board of Trustees Meeting Agenda 12 01 2023 Revised(.pdf, 11.39 KB) - 495 download(s)
TCRS Board of Trustees Meeting Agenda 12 01 2023(.pdf, 103.16 KB) - 487 download(s)
Retirement_Report_12.01.23(.pdf, 2.81 MB) - 704 download(s)
TCRS_Board_CIO Presentation_12.1.2023(.pdf, 1.5 MB) - 655 download(s)
TCRS-Board_of_Trustees_2023 Funding Valuation_LegacyPlans_12.01.2023 - FINAL(.pdf, 485.65 KB) - 600 download(s)

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	Approval Memorandum
May 9, 2019	MTSU Revised Spending Plan Request FY 2017-18	Request Memorandum
June 25, 2018	UT Revised Spending Plan Approval FY 2017-18	Approval Memorandum
June 8, 2018	UT Revised Spending Plan Request FY 2017-18	Request Memorandum

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.