Taylor named 2010 nonprofit CFO of the Year by Nashville Business Journal
By Kim Chaudoin on 10/28/2010
Danny Taylor, senior vice president for finance and administration, was named 2010 CFO of the year for a nonprofit organization by the Nashville Business Journal at a luncheon earlier today.
Taylor was selected from among five finalists representing other Nashville nonprofits including the Country Music Hall of Fame and Museum, Nashville Electric Service, Brightstone Inc. and the Tennessee Performing Arts Center.
“Danny’s leadership, integrity and competence have helped build a secure financial foundation for Lipscomb University. His vision and foresight helped the university successfully navigate the recent economic downturn. This honor is well deserved, and he should be recognized for his leadership,” said President L. Randolph Lowry.
Taylor was appointed as Lipscomb’s chief financial officer in November 2000. He has been at our financial helm during a period of tremendous growth. During his decade-long tenure, the university grew more than at any time in its previous 110 years, creating an extremely challenging environment for a CFO. Since 2007, Lipscomb has added more than 100 jobs, increased university enrollment by 855 students — about 37 percent growth — and increased annual operating revenue by $26 million. The university’s most recent fiscal year resulted in the paying down of $1.2 million in debt a year ahead of schedule.
He holds the bachelor of science degree in accounting and a bachelor of arts degree in speech from Western Kentucky University and is a certified public accountant. His areas of responsibility include financial affairs, accounting services, endowment accounting, campus services, physical plant, human resources, payroll and rental properties.