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: 12/12/2024 9:00 AM Export event
Cassidy Denton
/ Categories: Boards and Commissions

Tennessee Promise Scholarship Trust Fund Board of Trustees Meeting

The Tennessee Promise Scholarship Trust Fund Board of Trustees will meet at 9 a.m. (Central Time) on December 12, 2024.

Meeting Date and Time
Thursday, December 12, 2024 at 9:00 a.m. CT

Location
State Capitol
Executive Conference Room
600 Marting Luther King, Jr. Blvd.
Nashville, Tennessee 37243

The Tennessee Promise Scholarship Trust Fund Board of Trustees will be meeting at 9 a.m. (Central Time) on December 12, 2024 in the Executive Conference Room of the State Capitol located at 600 Martin Luther King, Jr. Boulevard; Nashville, Tennessee 37243.  This meeting will include members of the Board who will be participating by electronic means of communication. i.e. a WebEx meeting.  At the meeting, the Board will consider the items listed on its agenda.  The WebEx can be accessed through the following:

View the TN Promise Board Meeting Recording now

Individuals wishing to make a public comment may access the meeting through the above link, and may ask to be recognized by the Chair during the public comment period on the meeting agenda.  All comments must be related to items on the agenda for the 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 at the State Treasurer’s Office at (615) 741-2956 or Heather.Sczepczenski@tn.gov.

Print
2403

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