COMMUNITY FOUNDATION OF GREATER MEMPHIS INC Charity Report

Public IRS 990 nonprofit record

COMMUNITY FOUNDATION OF GREATER MEMPHIS INC

EIN 58-1723645 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

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. SINCE 1969, THE COMMUNITY FOUNDATION of GREATER MEMPHIS HAS BEEN WORKING WITH DONORS, PROFESSIONAL ADVISORS, and NONPROFITS to HELP STRENGTHEN THE COMMUNITY THROUGH STRATEGIC PHILANTHROPY and COMMUNITY GIVING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.52%of revenue went to mission work92.6% of expenses · Program services

0.31%of revenue went to fundraising0.4% of expenses

$87.00spent for every $100 of revenueRevenue covered expenses this year.

6.17%of revenue went to management and office costs7.1% of expenses

$6.39in assets for every $1 spent this yearSome assets cannot be spent right away.

76.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $429,177 for ROBERT M FOCKLER (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$171,395,190

Mission workProgram services$138,014,84180.52% of revenue92.6% of expenses

ManagementOffice and general costs$10,575,8576.17% of revenue7.1% of expenses

FundraisingAsking for donations$524,6920.31% of revenue0.4% of expenses

Revenue left after expensesReported annual surplus$22,279,80013.00% of revenueShown in gray on the chart

Total expenses$149,115,39087.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.6% mission · 7.1% management · 0.4% fundraisingTotal expenses: 87.00% of revenue

2023Expense mix: 91.5% mission · 8.1% management · 0.4% fundraisingTotal expenses: 111.64% of revenue

2022Expense mix: 92.8% mission · 7.0% management · 0.3% fundraisingTotal expenses: 108.95% of revenue

2021Expense mix: 93.2% mission · 6.7% management · 0.1% fundraisingTotal expenses: 70.92% of revenue

2020Expense mix: 95.0% mission · 4.8% management · 0.2% fundraisingTotal expenses: 68.32% of revenue

2019Expense mix: 92.5% mission · 7.2% management · 0.2% fundraisingTotal expenses: 31.65% of revenue

2018Expense mix: 95.9% mission · 3.9% management · 0.2% fundraisingTotal expenses: 109.56% of revenue

2015Expense mix: 98.6% mission · 0.9% management · 0.4% fundraisingTotal expenses: 69.68% of revenue

Money in and money out

Revenue$171,395,190

Expenses$149,115,390

Annual surplus $22,279,800 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$138,014,841 · 92.6% of expenses

Management and office costs$10,575,857 · 7.1% of expenses

Fundraising$524,692 · 0.4% of expenses

See all reported dollar amounts

Revenue$171,395,190

Expenses$149,115,390

Assets$953,060,353

Income$171,395,190

Contributions$130,407,513

Mission work (program services)$138,014,841

Fundraising$524,692

Grants given$1,101,350,146

Average grant$64,241

Management and general$10,575,857

Executive compensation (total)$897,714

Stocks and bonds$704,574,783

Investing fees$6,426,442

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROBERT M FOCKLERPRESIDENT & CEO · 38 hrs/week $429,177Base $364,421 · Other $64,756

BARBARA S MORAASST SECRETARY & COO · 38 hrs/week $220,647Base $192,972 · Other $27,675

VERONICA JAMISONVP OF PHILANTHROPIC SERVIC · 38 hrs/week $185,582Base $153,073 · Other $32,509

JULIA C MCDONALDVP OF COMMUNICATIONS · 38 hrs/week $169,790Base $140,092 · Other $29,698

CAROLINE KUEBLERDIR. OF DEVELOPMENT · 38 hrs/week $155,368Base $127,779 · Other $27,589

GARY ZWIERZYNSKITREASURER & CFO STARTED 09.03.24 · 38 hrs/week $99,691Base $70,867 · Other $28,824

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

ROBERT M FOCKLERPRESIDENT & CEO

BARBARA S MORAASST SECRETARY & COO

VERONICA JAMISONVP OF PHILANTHROPIC SERVIC

JULIA C MCDONALDVP OF COMMUNICATIONS

CAROLINE KUEBLERDIR. OF DEVELOPMENT

GARY ZWIERZYNSKITREASURER & CFO STARTED 09.03.24

ALISA HAUSHALTERDIRECTOR

BROOK LESTERDIRECTOR

RUSS WIGGINTONDIRECTOR

BOB QUINNDIRECTOR

REGINA WALKERDIRECTOR

RAY POHLMANDIRECTOR

POOJA SHAHDIRECTOR

MONICA WHARTONDIRECTOR

MOLLY WEXLERCHAIR

KONTJI ANTHONYDIRECTOR

KATE GILLILAND CONNELLDIRECTOR

JEANNE JEMISONDIRECTOR

JAY HEALYDIRECTOR

J MARTIN REGAN JRSECRETARY

HALLIE PEYTONDIRECTOR

GEORGE NASSARDIRECTOR

ERICA STIFF-COOPWOODDIRECTOR

ELLIOT PERRYDIRECTOR

DORCAS YOUNG GRIFFINDIRECTOR

CHRISTOPHER HEARNDIRECTOR

CHRIS KELLEYDIRECTOR

CHIP MARSTONVICE CHAIR

About this charity

Recognized since: January 1990
Location: 1350 CONCOURSE AVE STE 458, MEMPHIS, TN 38104-2026
County: Shelby
In care of: % MARTIN REGAN SECRETARY & LEGAL
Primary officer: ROBERT M FOCKLER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(901) 722-0025

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: ELLIOTT DAVIS ADVISORY LLC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes