Home › Philanthropy, voluntarism & grantmaking
Community Foundation of Greater Memphis
Community Foundation of Greater Memphis reported $171.4 million in revenue and $149.1 million in expenses for the fiscal year ending April 30, 2025. Of every $100 it spent, $92.56 went to program services, $7.09 to management and general costs and $0.35 to fundraising. Its largest source of revenue was contributions and grants: 76.1% of the total. The highest compensation it reported for one person was $429,177 (PRESIDENT & CEO). 5 people received more than $100,000 in reportable compensation. Revenue fell 67% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending April 30, 2025 · Form 990, Part IX, line 25 · total expenses $149MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending April 30, 2025 · Form 990, Part VIII · total revenue $171MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.6% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.1% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.4% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 76.1% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 3.4% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $429,177 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.29% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 5 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 75.9 | 56.6 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseDonor advised funds: the foundation's primary program is to administer donor advised funds. These funds give donors flexibility to make gifts to their funds and direct grants to the nonprofits of their choice
Project funds: the foundation offers project funds to donors to allow them to support one or more nonprofits for a specified time or in perpetuity
Donor designated funds: the foundation offers donor designated funds for short-term use by organizations working in collaboration or nonprofits awaiting approval of their 501(c )(3) status
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 37.50 hrs/week | $364,421 | $0 | $64,756 | $429,177 |
| ASST SECRETARY & COO Officer, 37.50 hrs/week | $192,972 | $0 | $27,675 | $220,647 |
| VP OF PHILANTHROPIC SERVIC Highest compensated employee, 37.50 hrs/week | $153,073 | $0 | $32,509 | $185,582 |
| VP OF COMMUNICATIONS Highest compensated employee, 37.50 hrs/week | $140,092 | $0 | $29,698 | $169,790 |
| DIR. OF DEVELOPMENT Highest compensated employee, 37.50 hrs/week | $127,779 | $0 | $27,589 | $155,368 |
| TREASURER & CFO STARTED 09.03.24 Officer, 37.50 hrs/week | $70,867 | $0 | $28,824 | $99,691 |
5 people received more than $100,000 in reportable compensation from Community Foundation of Greater Memphis (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 520
- Volunteers Part I, line 621
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ARCHIMANIA PC Construction | $256,363 |
| STELLAR TECHNOLOGY SOLUTIONS LLC Software | $203,119 |
| SULLIVAN BRANDING LLC Marketing | $171,497 |
| GANT SYSTEMS It services | $126,228 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
11 private foundations reported grants to Community Foundation of Greater Memphis totaling $39M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Community Foundation of Greater Memphis's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Community Foundation of Greater Memphis, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Community Foundation of Greater Memphis spent in FY2025, $92.56 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Jewish Community Foundation of Los AngelesLos Angeles, CA · revenue $169M · programs 93.8% · 2024
- The Golden LeafRocky Mount, NC · revenue $172M · programs 96.9% · FY2025
- Jack Joseph and Morton Mandel Supporting FoundationCleveland, OH · revenue $168M · programs 89.7% · FY2025
- Greater Good CharitiesSeattle, WA · revenue $173M · programs 92.9% · FY2025
- Rf Catalytic CapitalNew York, NY · revenue $168M · programs 96.8% · 2024
All philanthropy, voluntarism & grantmaking charities · Largest charities in Tennessee
Questions people ask
How much of Community Foundation of Greater Memphis's spending goes to programs?
In the fiscal year ending April 30, 2025, Community Foundation of Greater Memphis reported that 92.6% of its $149.1 million in expenses went to program services, 7.1% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does Community Foundation of Greater Memphis pay its top executive?
The largest total compensation Community Foundation of Greater Memphis reported for one person in the fiscal year ending April 30, 2025 was $429,177, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Community Foundation of Greater Memphis get its money?
Of $171.4 million in revenue in the fiscal year ending April 30, 2025, 76.1% came from contributions and grants and 3.4% from program service revenue (Form 990, Part VIII).
Is Community Foundation of Greater Memphis a registered charity?
The IRS lists EIN 58-1723645 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending April 30, 2025, object 202523009349302062 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202540529349300904 · read the filing
- FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202323129349300447 · read the filing
- FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202300739349301765 · read the filing
- FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202220139349300717 · read the filing
- FY2020: Form 990 for the fiscal year ending April 30, 2020, object 202013429349300206 · read the filing
All filings for EIN 58-1723645: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.