Community Foundation of Greater Memphis
1900 Union Avenue
Memphis TN 38104-4029
Contact Information
Address 1900 Union Avenue
Memphis, TN 38104 4029
Telephone 901 728-4600
E-mail jmcdonald@cfgm.org
Mission Statement

Strengthening our community through philanthropy

Web and Social Media
Meg and Charles Gerber have found that having a donor-advised fund provides them with a flexible way to support the nonprofits they care about, including Promise Academy.
Other ways to Donate, Support, or Volunteer We invite you to explore all the ways the Community Foundation of Greater Memphis helps donors make the most of their charitable gifts. You are welcome to join the approximately 1,000 donors who have chosen the Community Foundation as their charitable partner by opening a donor-advised fund. The Community Partnership Fund is for donors who want to pool their dollars to make nonprofits stronger and our community more vibrant. GiVE 365, a dollar-a-day giving circle, lets members vote on grantees based on an annual theme. GiVE 365 is a fun, engaging way to become a philanthropist.
Leadership
CEO/Executive Director Mr. Robert Fockler
Board Chair Mr. Duncan Miller
Board Chair Company Affiliation Legacy Wealth Management
History and Background
Year of Incorporation 1969
Financial Summary
 
 
Projected Revenue $3,020,000.00
Projected Expenses $2,913,400.00
Comments
CEO/Executive Director Comments
Statements
Mission

Strengthening our community through philanthropy

Background

The Community Foundation of Greater Memphis is a 501(c)(3) nonprofit that helps you invest in the organizations and causes you care about most. The Foundation manages about 1,000 charitable funds, with assets of approximately $469 million. These funds are established by individuals, families, and organizations. Together with our donors, we fulfill our mission to strengthen our community through philanthropy.

Established in 1969, the Community Foundation of Greater Memphis is one of about 750 community foundations in the United States. We serve West Tennessee, eastern Arkansas, and northern Mississippi, offering a variety of ways to make an impact in our community through charitable giving.

Since the Community Foundation began, we have made grants of $1.3 billion. Last year alone, we granted $178.5 million to 1,882 nonprofit organizations. Most of these grants are advised - or directed - by the people and organizations who established funds. Their gifts benefit many areas of community life, including education, human services, arts and culture, and religious organizations. Donors are able to maximize charitable gifts during their lifetimes and to provide perpetual gifts through endowments.

Impact

The efforts of our nearly 1,000 donors have produced the largest grantmaker in our region. That is precisely the power of a community foundation – to build charitable wealth in our community, not through a few wealthy families or corporations, but through the collective action of hundreds of individuals, families, corporations, and organizations. Through the Foundation, donors are able to maximize charitable gifts during their lifetimes and provide perpetual gifts through endowments. Through sound investment, responsiveness to community needs, and expertise in local nonprofits, we help donors do more to serve the causes and organizations they value.

Needs

The Community Foundation's greatest need is the participation of charitably minded individuals, families, and organizations. We encourage you to make gifts in a way that provides the maximum tax benefit while realizing your charitable wishes.

 

Areas of Service
Areas Served
Area
TN
AR
MS
The Community Foundation serves West Tennessee, eastern Arkansas, and northern Mississippi.
Board Chair
Board Chair Mr. Duncan Miller
Company Affiliation Legacy Wealth Management
Term May 2017 to Apr 2019
Email info@cfgm.org
Board of Directors
Board Members
NameAffiliation
Larry Bryan
Gale Jones Carson
Marshall Clark
Kate Gilliland Connell
Kathy Moore Cowan
Meg Crosby
Terri Lee Freeman
Katina Gaines
J.W. Gibson
Alisa Haushalter
Jay Healy
Jeanne Jemison
Chris Kelley
Chip Marston
Duncan Miller
Ray Pohlman
Robert Quinn
Kenneth Robinson
Pooja Shah
Paulo Teixeira
Regina Walker
Molly Wexler
Archie Willis
Board Demographics - Ethnicity
African American/Black 7
Asian American/Pacific Islander 1
Caucasian 14
Hispanic/Latino 1
Native American/American Indian 0
Board Demographics - Gender
Male 12
Female 11
Governance
Board Term Lengths 3
Board Term Limits 3
Board Meeting Attendance % 50
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 92
Number of Full Board Meetings Annually 4
Standing Committees
Executive
Audit
Investment
Board Development / Board Orientation
Distributions / Grant Making
Scholarship
Executive Director
Executive Director Mr. Robert Fockler
Email rfockler@cfgm.org
Experience

President of the Community Foundation of Greater Memphis, the largest charitable grant maker in the Mid-South, with grants of more than $178 million last year. Manages about 1,000 charitable funds for individuals, families, and organizations throughout the region, with total assets of approximately $469 million. Also leads the foundation’s efforts to report on community issues and supports GiVE 365, a community-wide giving circle for emerging philanthropists. As a volunteer, formerly led community grant making for both the Community Foundation and United Way of the Mid-South. Serves on the boards of the Southeastern Council of Foundations and Memphis University School. Graduate of Princeton University.

Staff
Full Time Staff 16
Part Time Staff 0
Volunteers 60
Contractors 0
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers N/A
Date Strategic Plan Adopted May 2015
Management Succession Plan? Under Development
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Affiliations
AffiliationYear
Southeastern Council of Foundations2015
External Assessments and Accreditations
Assessment/AccreditationYear
National Standards for U.S. Community Foundations2002
Programs
Description The Community Foundation helps donors make the most of their charitable gifts, and nearly 1,000 donors have chosen the Community Foundation as their charitable partner. Establishing a fund lets you be more strategic and intentional about your giving, and ultimately do more with your dollars. Whichever way you choose to give, you are ensured that the Community Foundation will help maximize the impact of your charitable dollars. We do this through sound investment policies, favorable tax implications, and knowledgeable advice. We research nonprofits and can connect resources with organizations in need. We provide confidential consultation at no charge and are experienced in working with attorneys, accountants, and financial advisors to help donors achieve their goals.
Population Served Adults
Budget $0.00
Short Term Success By offering donor-advised funds and other charitable fund options, we help donors be more strategic and intentional about their giving. The Community Foundation simplifies charitable giving and tax reporting; structures and manages personalized giving programs; administers unusual or complicated gifts; present timely information on community needs; and provides investment products that maximize giving potential. In FY 2017, our donors made gifts of $102.5 million to the Foundation and directed grants of $161.6 million to nonprofits.
Long Term Success Through sound planning and investing, and with the spending flexibility that donor-advised funds offer, the Community Foundation helps donors ultimately do more for the organizations and causes they care about most. Total historical gifts received from our donors is $1.3 billion, and total historical grants made to nonprofits is $1.1 billion, touching areas such as literacy and education, health and human services, community economic development, the environment, and the arts.
Description Through the Community Partnership Fund, the Community Foundation awards competitive grants in three categories. Nonprofit Capacity Building grants are awarded to established nonprofits that are working to become more effective organizations by increasing efficiencies in operations. Community-wide grants support projects of broad significance and long-term benefit. Intermediary grants provide unrestricted operating support to agencies whose work directly supports other nonprofits. The Community Partnership Fund is essential to the continued growth of the Mid-South by: Building capacity of established nonprofits that are working to become more effective organizations, Supporting innovative projects of broad significance and long-term benefit in which donors may not otherwise have the opportunity to participate, Providing unrestricted operating support to agencies whose work directly supports other nonprofits' growth and strategic development.
Population Served General/Unspecified
Budget $0.00
Short Term Success

The Community Partnership Fund builds capacity of established nonprofits that are working to become more effective organizations; supports innovative projects of broad significance and long-term benefit in which donors may not otherwise have the opportunity to participate; and provides unrestricted operating support to agencies whose work directly supports other nonprofits' growth and strategic development. In FY 2017, Community Partnership Fund grants distributed $819,847 to 30 nonprofits.

Long Term Success The Community Partnership Fund is essential to the continued growth of the Mid-South. Investment from the fund results in stronger nonprofit organizations and increased opportunity for the people and communities they serve. The Community Partnership Fund's flexibility allows us to be responsive to community needs as they arise.
Description The Community Foundation is proud to offer scholarships to students from the Memphis area. Most scholarship opportunity we offer were created to honor a different person, profession, school, or goal. Most are for graduating high school seniors. There are opportunities for graduating seniors from Shelby County Schools, charter schools, Achievement School District schools, the municipal high schools, and independent schools. Applicants must demonstrate academic achievement, economic need, and be attending an accredited two- or four-year college, university or vocation program.
Population Served Adolescents Only (13-19 years)
Budget $0.00
Short Term Success

The Community Foundation is proud to offer more than $115,000 in 25+ categories each year in scholarship funds to students from the Memphis area. Most scholarship opportunities we offer were created to honor a different person, profession, school, or goal. Most are for graduating high school seniors.

Long Term Success More Mid-South students have the opportunity to pursue higher education and attain their educational and professional goals.
Description GiVE 365 is a dollar-a-day giving circle that lets its members pool their money and make a positive impact on our community through grants to nonprofits. Our mission is to unite and inform emerging philanthropists to make a collective impact on Greater Memphis. Formed in 2010, GiVE 365 was created by a group of community leaders and the Community Foundation of Greater Memphis to encourage philanthropy in a new group of donors. 
Population Served Adults
Budget $0.00
Short Term Success

GiVE 365 offers a unique way for people who are committed to seeing this community thrive to pool their resources to make a collective impact on a variety of impact areas. Since its inception, GiVE 365 has grown to 240 members and has provided $438,190 in grants to 54 local community groups and initiatives. In addition to the grant pool, GiVE 365 has grown its endowment to just over $520,000 in its first seven years of operation.

Long Term Success

GIVE 365 advances the well-being of the Greater Memphis Area by equipping members with experiences and knowledge for making meaningful contributions to the community; exposing members to a diverse range of social issues and to the community-based efforts working to address them; supporting a wide range of nonprofit and community based projects in the Greater Memphis Area; leveraging financial, social, and human capital for collective philanthropic impact; and building and growing a fellowship of informed and engaged donors.

Description

WHEREweLIVEmidsouth.org and WHEREtoGIVEmidsouth.org are a pair of websites that help citizens understand Memphis better and invest in nonprofits that are improving their community. These websites were developed by the Community Foundation of Greater Memphis, with the support and collaboration of many other philanthropic organizations, corporations, and nonprofit partners. Each website can be used on its own, and each contains a wealth of interesting and useful information. However, when they are used together, people can unlock the potential of their neighborhoods and local nonprofit organizations in a much more powerful way.

Population Served Adults
Budget $0.00
Short Term Success
Currently there are 223 profiled organizations on WHEREtoGIVEmidsouth.org that demonstrate a minimal level of transparency and capacity to fellow funding organizations, potential donors, and the Mid-South community. The profile assists nonprofit organizations as an accountability partner in nonprofit management. It also allows the Community Foundation to assess the state of the nonprofit sector by reporting on capacity and developing programming for continuing education opportunities accordingly. 
 
WHEREweLIVEmidsouth.org has steady increased site usage including new users monthly. In March 2017, the data was updated site-wide to include 2016, which  then allowed users to see changes between 2015 and 2016. We also increased indicators in demographics, economy and jobs, community development, housing, and health and safety. 
 
Long Term Success
Organizations profiled on WHEREtoGIVEmidsouth.org in the long-term will expand their donor base, use data provided on WHEREweLIVEmidsouth.org to inform programs, and ultimately make a deeper impact on their issue area. 
 
The WHEREweLIVEmidsouth.org site measures success by increased access and availability of data to the philanthropic community, nonprofit managers, and community members. 
 
 
Examples of Program Success
Since launching in 2015, WHEREtoGIVEmidsouth profile holders have developed:
  • 15 strategic plans;
  • 9 fundraising plans;
  • 1 business continuity plan;
  • 4 technology plans;
  • 2 management succession plans;
  • 5 program success indicators.
Our funding partners have reported over $2 million in grants to WHEREtoGIVEmidsouth.org profile holders in 2016. In 2017, two more funding partners have signed on to require the profile as part of their grant-making process.
Fiscal Year
Fiscal Year Start May 01, 2018
Fiscal Year End Apr 30, 2019
Projected Revenue $3,020,000.00
Projected Expenses $2,913,400.00
Endowment Value $10,100,000.00
Spending Policy Percentage
Percentage (if selected) 5
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$142,006,779$96,221,768$78,744,443
Government Contributions$205,000$108,913$1,599,800
Federal------
State------
Local------
Unspecified$205,000$108,913$1,599,800
Individual Contributions------
$168,680$134,209$275,199
$296,260$261,089$241,898
Investment Income, Net of Losses$5,081,927$4,283,189$4,491,561
Membership Dues$0$0$0
Special Events$0$0$0
Revenue In-Kind$18,459,465$24,063,912$17,820,768
Other$17,850,710$15,862,630$7,935,425
Expense Allocation
Fiscal Year201520142013
Program Expense$126,395,137$96,956,700$76,231,568
Administration Expense$1,318,070$1,194,999$1,194,999
Fundraising Expense$563,419$483,192$457,356
Payments to Affiliates------
Total Revenue/Total Expenses1.511.231.24
Program Expense/Total Expenses99%98%98%
Fundraising Expense/Contributed Revenue0%1%1%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$376,388,453$299,097,697$263,558,957
Current Assets$54,604,673$23,747,128$12,653,855
Long-Term Liabilities$0$0$0
Current Liabilities$26,919,190$10,977,872$5,228,758
Total Net Assets$349,469,263$288,119,825$258,330,199
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities2.032.162.42
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitations Permit
Solicitations Permit
2018 Solicitation PermitView
2018 Permit ExtensionView
Address 1900 Union Avenue
Memphis, TN 38104 4029
Primary Phone 901 728-4600
Contact Email jmcdonald@cfgm.org
CEO/Executive Director Mr. Robert Fockler
Board Chair Mr. Duncan Miller
Board Chair Company Affiliation Legacy Wealth Management