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Community Development : Community Foundations

Community Foundation of Greater Memphis

Strengthening our community through philanthropy

four stars

95.76

1900 Union Avenue Memphis, TN 38104
tel: (901) 728-4600   Web Site
EIN: 58-1723645

Board Leadership
Terri Lee Freeman
Chair

CEO
Robert Fockler
President

  Score
(out of 100)
Rating
Overall Score & Rating 95.76 four stars
  Financial 95.55 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

The mission of the Community Foundation of Greater Memphis is to strengthen our community through philanthropy. To accomplish this mission, we: (1) develop and effectively manage charitable funds and endowments, offering the highest levels of service and expertise to individuals, families, and institutional donors and their successors; (2) actively address the needs of the community by examining community issues, securing and distributing resources, advocating when appropriate, and convening meetings and conversations which encourage people to respond; and (3) encourage philanthropy and the growth of charitable resources among individuals, families, businesses, and community institutions.

The mission of the Community Foundation of Greater Memphis is to strengthen our community through philanthropy. To accomplish this mission, we: (1) develop and effectively manage charitable funds and endowments, offering the highest levels of service and expertise to individuals, families, and institutional donors and their successors; (2) actively address the needs of the community by examining community issues, securing and distributing resources, advocating when appropriate, and convening meetings and conversations which encourage people to respond; and (3) encourage philanthropy and the growth of charitable resources among individuals, families, businesses, and community institutions.

Financial

four stars

95.55

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
97.6%
  Administrative Expenses 2.1%
  Fundraising Expenses 0.2%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 1.95
  Program Expenses Growth 5.6%
  Liabilities to Assets 0.4%
All data for Financial Performance Metrics calculations was provided by Community Foundation of Greater Memphis on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Community Foundation of Greater Memphis on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Community Foundation of Greater Memphis (TN) 95.76 four stars
East Bay Community Foundation (CA) 94.37 four stars
West Central Initiative (MN) 87.40 three stars
Community Foundation of Johnson County (IA) 93.68 four stars
The Community Foundation of Western North Carolina (NC) 90.94 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $142,636,120
   Federated Campaigns $137,551
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $1,533,132
   Government Grants $0
Total Contributions $144,306,803
   Program Service Revenue $3,495,983
Total Primary Revenue $147,802,786
   Other Revenue $12,782,925
TOTAL REVENUE $160,585,711
   
EXPENSES  
   Program Expenses $168,774,362
   Administrative Expenses $6,835,227
   Fundraising Expenses $334,984
TOTAL FUNCTIONAL EXPENSES $175,944,573
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-15,358,862
   
Net Assets $362,653,281

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Donor Advised Funds $167,887,237 99.5%
Strengthening Nonprofits Program $400,188 0.2%
Grants & Initiatives $201,019 0.1%

Ratings History
Community Foundation of Greater Memphis has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-04 02/01/2021 95.76 four stars
2019-04 12/01/2020 93.52 four stars
2018-04 10/01/2019 94.34 four stars
2017-04 09/01/2018 94.34 four stars
2016-04 11/01/2017 94.34 four stars
2015-04 07/01/2016 89.24 three stars
2014-04 06/01/2016 94.34 four stars
 
CN 2.0
2014-04 10/01/2015 94.34 four stars
2013-04 08/01/2014 94.34 four stars
2012-04 09/01/2013 89.61 three stars
2011-04 07/01/2012 85.41 three stars
2010-04 10/01/2011 85.53 three stars
2010-04 09/20/2011 85.26 three stars
 
CN 1.0
2009-04 10/01/2010 93.61 four stars
2008-04 12/01/2009 92.83 four stars
2007-04 10/01/2008 92.60 four stars
2006-04 05/01/2007 77.06 two stars
2005-04 06/01/2006 80.09 three stars
2004-04 07/01/2005 80.02 three stars
2003-04 08/01/2004 86.80 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 58-1723645
Name in IRS Master File COMMUNITY FOUNDATION OF GREATER MEMPHIS INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (408) Community service organization
(602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1990
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End April
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • April, 2018
  • April, 2017
  • April, 2016
  • April, 2015
  • April, 2014
Compensation % of Expenses Paid to Title
$248,667 0.14% Robert M. Fockler President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Community Foundation of Greater Memphis (TN) 95.76 four stars
Austin Community Foundation (TX) 95.05 four stars
El Dorado Community Foundation (CA) 85.88 three stars
McPherson County Community Foundation (KS) 90.58 four stars
Community Foundation of Snohomish County (WA) 92.24 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Community Foundation of Greater Memphis
1900 Union Avenue
Memphis, TN 38104
tel: (901) 728-4600
fax: (901) 722-0010
EIN: 58-1723645

Visit Web Site

Board Leadership

Terri Lee Freeman
Chair

CEO

Robert Fockler
President

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