EIN 58-1723645

Community Foundation of Greater Memphis

IRS 501(c) type
501(c)(3)
Num. employees
19
Year formed
1969
Most recent tax filings
2023-04-01
NTEE code, primary
Description
The Community Foundation of Greater Memphis is a grantmaking foundation that administers more than 900 charitable funds. Founded in 1969, the foundation is among the 50 largest of more than 600 community foundations in the United States.
Total revenues
$114,399,155
2023
Total expenses
$124,638,033
2023
Total assets
$852,675,440
2023
Num. employees
19
2023

Program areas at Community Foundation of Greater Memphis

Donor advised funds: these funds give donors flexibility to make gifts to their funds and direct grants to the nonprofits of their choice. To accomplish this, the Foundation receives and accepts property to be used exclusively for religious, charitable, scientific, literary, or educational purposes primarily in and for the benefit of the areas of western Tennessee, eastern Arkansas, and northern Mississippi.
Donor designated funds: the Foundation offers donor designated funds to allow donors to support one or more nonprofits for a specified time or in perpetuity.
Project funds: the Foundation offers project funds for short-term use by organizations working in collaboration or for nonprofits awaiting approval of their 501c3 status.

Grants made by Community Foundation of Greater Memphis

GranteeGrant descriptionAmount
The WorksGeneral Operational Support$8,867,654
Urban Renaissance PartnersGeneral Operational Support$5,264,750
Alpha Omega Veterans ServicesGeneral Operational Support$5,108,601
...and 679 more grants made totalling $106,832,912

Who funds Community Foundation of Greater Memphis

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Rhodes Family FoundationHealth/welfare$2,067,948
Children's Foundation of MemphisEducation$564,109
Luke 638 FoundationGeneral & Unrestricted$260,000
...and 31 more grants received totalling $4,446,867

Personnel at Community Foundation of Greater Memphis

NameTitleCompensation
Robert FocklerPresident$361,278
B. Sutton MoraExecutive Vice President and Chief Operating Officer
Barbara S MoraAssistant Secretary and Chief Operating Officer$189,370
Alexander HoltelTreasurer and Chief Financial Officer / Treasurer - Started 2 and 10 and 2020$354,376
George LummTreasurer and Chief Financial Officer$183,378
...and 11 more key personnel

Financials for Community Foundation of Greater Memphis

RevenuesFYE 04/2023
Total grants, contributions, etc.$100,022,057
Program services$4,643,473
Investment income and dividends$11,561,315
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,732,318
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-95,372
Total revenues$114,399,155

Form 990s for Community Foundation of Greater Memphis

Fiscal year endingDate received by IRSFormPDF link
2023-042023-11-08990View PDF
2022-042023-03-14990View PDF
2021-042022-01-13990View PDF
2020-042021-04-05990View PDF
2019-042020-08-10990View PDF
...and 9 more Form 990s

Organizations like Community Foundation of Greater Memphis

OrganizationLocationRevenue
Greater Northwest Kansas Community FoundationBird City, KS$31,578,418
Greater Kansas City Community FoundationKansas City, MO$540,688,700
Community Foundation of New JerseyMorristown, NJ$153,275,906
Collier Community FoundationNaples, FL$52,218,014
Greater Houston Community FoundationHouston, TX$234,189,550
St Louis Community FoundationSaint Louis, MO$107,974,842
Allina Health Foundation As of 4122Minneapolis, MN$29,439,197
Community Foundation of LouisvilleLouisville, KY$143,692,154
Community Foundation of UtahSalt Lake City, UT$40,373,770
WaterStoneColorado Springs, CO$232,951,454
Data update history
May 19, 2024
Received grants
Identified 8 new grant, including a grant for $250,000 from Fleetwood Foundation
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2024
Received grants
Identified 12 new grant, including a grant for $2,067,948 from Rhodes Family Foundation
October 23, 2023
Received grants
Identified 27 new grant, including a grant for $2,018,163 from Rhodes Family Foundation
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1900 Union Ave
Memphis, TN 38104
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
cfgm.org/ 
Phone
(901) 728-4600
Facebook page
CommunityFoundationGreaterMemphis 
IRS details
EIN
58-1723645
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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