A Private Foundation located in MEMPHIS, TN



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

J

2022 Tax Year

About this Private Foundation: 388501


The foundation is located in Memphis and provides grants for general operating support, sustainability initiatives, and arts recovery efforts. It focuses on enhancing foundational literacy skills and supporting community programs that promote philanthropy and voluntarism. The foundation also invests in security updates for local art spaces and supports programs that foster business development. Through its funding, the foundation aims to strengthen community resources and enhance the quality of life in Memphis, contributing to the growth and sustainability of various sectors within the community.

Foundation Profile


In the 2023 tax year, a prominent private foundation based in Memphis has demonstrated a steadfast commitment to fostering community development and enhancing the quality of life for its residents through strategic grantmaking. With total assets amounting to $273.4 million, the foundation allocated $14.5 million in grants, focusing on a diverse array of initiatives that underscore its dedication to philanthropy and community engagement. The foundation’s mission encompasses a broad spectrum of funding priorities, including general operating support for nonprofit organizations, sustainability efforts, and contemporary arts initiatives. Notably, it emphasizes educational advancement, supporting high-quality foundational literacy skills instruction and innovative programs designed to empower youth and strengthen community ties. The foundation's support extends to vital projects such as security updates for community spaces and the enhancement of local arts programs, reflecting its commitment to both cultural enrichment and public safety. Geographically, the foundation primarily focuses its efforts within Memphis, targeting organizations that address pressing local needs while also extending some support to initiatives beyond the city. This geographic focus allows the foundation to make a meaningful impact in its immediate community, fostering collaboration among local nonprofits and encouraging innovative solutions to systemic challenges. Eligibility for funding is generally open to nonprofit organizations that align with the foundation’s mission and demonstrate a capacity for impactful programming. By prioritizing general operating support, the foundation empowers organizations to allocate resources where they are most needed, ensuring sustainability and resilience in their operations. As a beacon of charitable giving, this foundation invites qualified applicants to explore its funding opportunities. Organizations dedicated to making a positive difference in their communities are encouraged to engage with this philanthropic resource and submit proposals that align with the foundation's vision for a vibrant and sustainable future. Discover how your organization can benefit from this commitment to community enhancement and apply today through The Grant Portal.
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MEMPHIS, TN

Summary

Assets

$273.4m

Distributions

$14.4m

Contributions

$0

Grant Median

$77k

Count

155

Grant Max

$1m
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Latest Tax e-Filing

2022

Published by IRS

2023

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Amount

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State

TN

City

MEMPHIS

Purpose

Interest

Philanthropy, Voluntarism & Grantmaking Foundations

433 results

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About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

Note that the IRS dataset only contains information from electronically-filed tax returns.

The Grant Portal is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any foundation appearing on the site.

Private Foundation Grants of $77k Available in MEMPHIS, TN