Nonprofit organizations in Nashville and Davidson County, Tennessee, are playing a crucial role in the recovery of small businesses from the impacts of the pandemic and in the economic development of Nashville communities that have been affected by the pandemic and previous economic challenges. This report not only highlights the significant presence of nonprofit organizations in the Nashville Metropolitan Statistical Area (MSA), but it also demonstrates the value of volunteer service throughout the community. The Nashville MSA, which includes 13 counties in Central Tennessee, is home to a total of 1,110 nonprofit organizations, particularly 501c3s. Nonprofit volunteers not only contribute their time and skills, but they also form an important part of the nonprofit donor base. Investing in arts and culture not only improves quality of life, but it also boosts economic well-being.
Programs like Tennessee Downtowns are designed to introduce communities to Main Street directors. Pathway Lending is the administrator of the Nashville Small Business Recovery Fund in Davidson County, Tennessee. It was essential to have an up-to-date view of the economic contributions that nonprofit organizations make to continue serving Middle Tennesseans in the future. Founded in 1999 and headquartered in Nashville, Pathway Lending is a U.-certified community development financial institution (CDFI). The Center for Nonprofit Management (CNM) is a member services organization that serves the Middle Tennessee nonprofit community and its partners.
Organizations that meet the requirements of the Tennessee Main Street program receive the designation at the state level. Nonprofits are essential for local businesses to recover from pandemic-related losses and for Nashville communities to develop economically. The funds allocated by these organizations are invaluable for this purpose. Moreover, volunteers provide their time and skills to support these efforts. Finally, programs like Tennessee Downtowns and Nashville Small Business Recovery Fund are helping local businesses get back on their feet.