COMMUNITY FOUNDATION OF GREATER MEMPHIS INC

EIN 581723645 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$693.76M
at fiscal year end
Grants out
$102.82M
from DAF accounts
Contributions in
$79.63M
received into DAFs
Payout rate
14.8%
median is 12.5%
Accounts
935
funds held at year end
Average account
$742K
assets per fund

At 14.8%, this sponsor paid out above the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$485.1M
FY2019
$698.7M
FY2020
$661.3M
FY2021
$649.8M
FY2022
$693.8M
FY2023

Grants paid by year

$132.0M
FY2019
$130.8M
FY2020
$111.1M
FY2021
$102.1M
FY2022
$102.8M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 3,329 grant lines totalling $793.3M across 2019–2024 — $238K per line.

$22.2M of this sponsor’s grants went to other DAF sponsors — 3% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Porter-LeathEIN 581409385 TN$62.7M
The Works IncEIN 621751430 TN$41.5M
Urban Renaissance Partners IncEIN 475487600 TN$23.4M
Church HealthEIN 581716113 TN$21.2M
Planned Parenthood Of Tennessee & North MississippiEIN 626073178 TN$19.5M
United Way Of The Mid South Memphis TnEIN 561010742 TN$15.6M
Charter Fund IncEIN 050620063 CO$15.0M
Memphis Brooks Museum Of Art IncEIN 626063304 TN$14.0M
Lemoyne Owen CollegeEIN 620475690 TN$13.3M
Christian Brothers UniversityEIN 620476666 TN$13.1M
Neighborhood Preservation IncEIN 275374482 TN$11.9M
Hospitality HubEIN 264417530 TN$10.8M
National Philanthropic Trust runs a DAF programEIN 237825575 PA$10.6M
University Of MemphisEIN 626048540 TN$9.4M
A Step Ahead Foundation IncEIN 451828684 TN$9.0M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.