Mission
THE ACTIVITY OF THE CORPORATION IS TO IMPROVE COLLEGE ACCESS AND COLLEGE READINESS FOR TENNESSEE STUDENTS.
Public Charity
GOVERNORS RURAL EDUCATION FOUNDATION
Based in NASHVILLE, TN, GOVERNORS RURAL EDUCATION FOUNDATION operates as a Public Charity. The organization reported $12.5M in revenue, $12.5M in expenses, $5.3M in total assets for fiscal year 2025. Imperigo tracks 2 reported grants from this foundation totaling approximately $27.5M.
EIN: 863628875
NASHVILLE, TN
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$12.5M
Total Expenses$12.5M
Total Assets$5.3M
Grants Given2
Grant Total$27.5M
Filing Years2024–2025
Where $100 goes at Governors Rural Education Foundation
How Governors Rural Education Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The organization provided funding to other 501(c)3 organizations with developed and proven programs that work to improve college access and college readiness for tennessee students
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
IMP. COLLEGE ACCESS
$12,500,000
Recipient has established and proven programs in place that provide services that advance the mission of the taxpayer in improving college access and college readiness for Tennessee students.
$15,000,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
PRESIDENT
Alec Richardson
DIRECTOR
Jacob Baggett
DIRECTOR
Keith Carver
DIRECTOR
Sharon Roberts
DIRECTOR
Sherry Ray
DIRECTOR
Warren Wells
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $12.5M | $12.5M | $5.3M |
| 2024 | $12.6M | $15.0M | $87K |
Between 2024 and 2025, reported annual revenue held roughly steady at around $12.5M, with total assets most recently reported at $5.3M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in TN.
TN
Full geographic grant map with state-by-state breakdown available with membership.