EIN 23-7057855

Memphis Chamber Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1969
Most recent tax filings
2024-12-01
NTEE code, primary
Description
The Memphis Chamber Foundation advances education and science, lessens government burdens, neighborhood tensions, prejudice and discrimination, and combats community deterioration, while promoting the diffusion of knowledge. The Foundation collaborates with Southwest Tennessee Community College to provide businesses with education designed to achieve quality productivity. With a focus on Shelby County, TN, the Foundation aims to develop a strong economic climate for the general business community within its service area.
Related structure
Memphis Chamber Foundation is a subordinate organization under Greater Memphis Chamber.
Total revenues
$478,745
2024
Total expenses
$755,261
2024
Total assets
$1,921,631
2024
Num. employees
0
2024

Program areas at Memphis Chamber Foundation

Economic development of the standard metropolitan statistical area focusing on shelby county, tn. Service to the general business community to develop a strong economic climate for the area serviced.

Who funds Memphis Chamber Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Greater Memphis (CFGM)General Operational Support$47,931
Jewish Foundation of MemphisFor Exempt Purpose$25,000
Christian Community Foundation of MemphisEducational$25,000
...and 1 more grant received

Financials for Memphis Chamber Foundation

RevenuesFYE 12/2024
Total grants, contributions, etc.$754,096
Program services$0
Investment income and dividends$21,115
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-296,466
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$478,745
Data update history
February 9, 2026
Posted financials
Added Form 990 for fiscal year 2024
February 4, 2026
Received grants
Identified 1 new grant, including a grant for $47,931 from Community Foundation of Greater Memphis
March 7, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 28, 2025
Updated personnel
Identified 3 new personnel
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from The Bank of America Charitable Foundation
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
Legally formed as corporationState / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
100 Peabody Pl 1000
Memphis, TN 38103
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Phone
(901) 543-3535
IRS details
EIN
23-7057855
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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