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Community Foundation Of Greater Memphis Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581723645 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation Of Greater Memphis Inc?

The Community Foundation of Greater Memphis Inc, located at 1900 Union Avenue in Memphis, Tennessee (38104), is a charitable organization dedicated to managing philanthropic funds for the betterment of Western Tennessee, Eastern Arkansas, and Northern Mississippi. Established in 1969, the foundation facilitates strategic philanthropy and community giving by collaborating with donors, professional advisors, and nonprofits. Their primary mission is to accept and manage donated property for religious, charitable, scientific, literary, or educational purposes within the specified regions. With a team of 19 employees, they enable donors to make grants to their preferred nonprofits, strengthening the community through their collective efforts.


Official website here: www.cfgm.org

Is Community Foundation Of Greater Memphis Inc legitimate?

Community Foundation Of Greater Memphis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of Greater Memphis Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,389,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,106

For more financial information, click here


Official website here: www.cfgm.org

What is the mission statement of Community Foundation Of Greater Memphis Inc?

The Community Foundation of Greater Memphis is a philanthropic organization that manages charitable funds with a diverse group of donors. Its primary goal is to benefit the communities of western Tennessee, eastern Arkansas, and northern Mississippi. Established in 1969, the foundation has been instrumental in strengthening the community through strategic philanthropy and community giving for more than five decades. By partnering with donors, professional advisors, and nonprofits, the organization works towards enhancing the local communities.


Official website here: www.cfgm.org

Who is the CEO of Community Foundation Of Greater Memphis Inc?

Robert Fockler is the President & Ceo of Community Foundation Of Greater Memphis Inc. The CEO's salary of Community Foundation Of Greater Memphis Inc is $361,278 and their total compensation is $414,155.


Official website here: www.cfgm.org

What is the revenue of Community Foundation Of Greater Memphis Inc?

Community Foundation Of Greater Memphis Inc's revenue in 2023 was $114,399,155.


Official website here: www.cfgm.org

Who are the executives of Community Foundation Of Greater Memphis Inc and what are their salaries?

The average compensation at Community Foundation Of Greater Memphis Inc during 2023 was $104,352. There are 19 employees and 21 volunteers at Community Foundation Of Greater Memphis Inc.

Here are 28 key members and their salaries (Community Foundation Of Greater Memphis Inc's CEO's salary is $361,278 and their total compensation is $414,155):

    Robert M Fockler (President & Ceo)
  • Compensation: $361,278
  • Related: $0
  • Other: $52,877

    • Barbara S Mora (Asst Secretary & Coo)
  • Compensation: $189,370
  • Related: $0
  • Other: $26,074

    • George Lumm (Treasurer & Cfo)
  • Compensation: $183,378
  • Related: $0
  • Other: $13,766

    • Caroline Kuebler (Dir. Of Development)
  • Compensation: $163,391
  • Related: $0
  • Other: $28,608

    • Veronica Jamison (Vp Of Philanthropic Services)
  • Compensation: $145,022
  • Related: $0
  • Other: $21,475

    • Julia C Mcdonald (Vp Of Communications)
  • Compensation: $133,356
  • Related: $0
  • Other: $23,249

    • Kontji Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marshall Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Gilliland Connell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Moore Cowan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alisa Haushalter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Healy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Jemison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Nassar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliot Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hallie Peyton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Pohlman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pooja Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Stiff-Coopwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Regina Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Wexler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Wharton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russ Wigginton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorcas Young Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Kelley (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chip Marston (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Martin Regan Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfgm.org

    Where can I find the form 990 for Community Foundation Of Greater Memphis Inc?

    The Community Foundation Of Greater Memphis Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cfgm.org

    Learn more at the official website: www.cfgm.org

    Mission Statement of Community Foundation Of Greater Memphis Inc

    The Community Foundation of Greater Memphis Inc, a philanthropic organization, plays a pivotal role in managing charitable funds with a vast donor base to benefit the regions of Western Tennessee, Eastern Arkansas, and Northern Mississippi. Since its establishment in 1969, this organization has been collaborating with donors, professional advisors, and nonprofits to strengthen the community through strategic philanthropy and community giving.

    The Community Foundation of Greater Memphis is dedicated to making a difference in the lives of people across three states. By managing charitable funds, it connects donors with various causes and initiatives that align with their interests and values. The organization's mission is to facilitate and grow the giving capacity of its donors, thereby ensuring that their charitable dollars are invested wisely and effectively. Additionally, it fosters partnerships between donors, nonprofits, and local leaders to address the most pressing needs and opportunities in the community.

    The Community Foundation of Greater Memphis takes a proactive approach to addressing community issues through its grantmaking programs. It supports various initiatives, including education, health, human services, and community development, to name a few. The organization's strategic philanthropy approach ensures that resources are allocated to programs and projects that have the greatest potential for long-term impact. Furthermore, it engages in collaborative efforts with other foundations, corporate partners, and government agencies to maximize the collective impact of its investments.

    In summary, the Community Foundation of Greater Memphis Inc serves as a vital connector between donors, nonprofits, and the community. Its mission is to manage charitable funds and facilitate strategic giving to create lasting change in the regions of Western Tennessee, Eastern Arkansas, and Northern Mississippi. Through its collaborative efforts and strategic grantmaking, the organization is dedicated to improving the lives of individuals and communities in the areas it serves.

    Impact

    This information is meant to be a general summary of Community Foundation Of Greater Memphis Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Community Foundation of Greater Memphis Inc is evident in the positive changes it has brought to the areas of Western Tennessee, Eastern Arkansas, and Northern Mississippi. Through its donor-advised funds, it has empowered individuals to make meaningful contributions to charitable causes they care about. Since 1969, the foundation has been collaborating with donors, professional advisors, and Community Foundation of Greater Memphis IncS to strengthen the community through strategic philanthropy and community giving.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,828,997
  • Program Service Revenue: $4,643,473
  • Gross Receipts: $116,131,473

    • Assets and Liabilities:
  • Total Assets: $852,675,440
  • Total Liabilities: $10,368,700
  • Net Assets: $842,306,740
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEES

    Revenue

    $4,552,381

    SEMINAR REGISTRATION FEES

    Revenue

    $91,092

    Organization Details

    Founding Year

    1969

    Principal Officer

    Robert Fockler

    Main Address

    1900 UNION AVENUE, MEMPHIS, TN, 38104

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Community Foundation Of Greater Memphis Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.