Community Foundation of Greater Memphis Inc
1350 Concourse Ave Ste 458, Memphis, TN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $171,395,190 | $149,115,390 | $942,982,850 |
| FY2024 | $110,784,632 | $123,675,954 | $898,574,549 |
| FY2023 | $114,399,155 | $124,638,033 | $842,306,740 |
| FY2022 | $204,591,687 | $145,105,093 | $857,148,495 |
| FY2021 | $239,424,580 | $163,571,542 | $923,354,816 |
| FY2020 | $514,967,342 | $163,008,169 | $618,090,425 |
| FY2019 | $160,585,711 | $175,944,573 | $362,653,281 |
| FY2018 | $236,615,020 | $210,726,023 | $379,822,231 |
| FY2017 | $121,353,702 | $168,373,829 | $349,651,835 |
| FY2016 | $208,822,974 | $145,498,163 | $378,224,269 |
| FY2015 | $193,851,576 | $128,276,626 | $349,469,263 |
| FY2014 | $121,261,364 | $98,634,891 | $288,119,825 |
| FY2013 | $96,594,302 | $77,883,923 | $258,330,199 |
| FY2012 | $42,672,734 | $45,771,859 | $229,690,567 |
Form 990 filings
The returns filed by Community Foundation of Greater Memphis Inc (EIN 58-1723645), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $130,407,513 | 76% |
| Program service revenue | $5,822,908 | 3% |
| Other revenue | $35,164,769 | 21% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $138,014,841 | 93% |
| Management & general | $10,575,857 | 7% |
| Fundraising | $524,692 | <1% |
What the numbers show
- Contributions & grants made up 76% of total revenue in FY2025.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2025. That is higher than 63% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in TN for a state comparison).
- Net assets covered about 75.9 months of expenses at the end of the reporting year. That puts it in the 46th percentile among 839 Philanthropy, Voluntarism & Grantmaking Foundations organizations in TN.
- Total revenue was the highest among 867 Philanthropy, Voluntarism & Grantmaking Foundations organizations in TN.
- Total revenue rose from $42,672,734 in FY2012 to $171,395,190 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2017, FY2019, FY2023, FY2024).
- The highest revenue on record here is $514,967,342 in FY2020.
- Net assets grew from $229,690,567 to $942,982,850 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE COMMUNITY FOUNDATION IS A PHILANTHROPIC ORGANIZATION THAT MANAGES CHARITABLE FUNDS WITH A BROAD BASE OF DONORS TO BENEFIT THE AREAS OF WESTERN TENNESSEE, EASTERN ARKANSAS, AND NORTHERN MISSISSIPPI.
IRS status
| Ruling year | 1990 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T310 — Philanthropy, Voluntarism & Grantmaking Foundations (in TN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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