The People's Philanthropy
A community foundation is a collection of charitable funds established by individuals, families and organizations. Through a community foundation, donors are able to maximize charitable gifts during their lifetimes and to provide perpetual gifts through endowments. The funds established by donors provide grants for hundreds of diverse charitable organizations.

In legal terms, a community foundation is a tax-exempt, publicly supported foundation governed by its own board of directors and created to serve a specific geographical area. The first community foundation was created in Cleveland, Ohio, in 1914. Today, there are more than 600 community foundations in the United States with assets of more than $25 billion.

Create a Lasting Legacy
More than 800 individuals, businesses and institutions have chosen to invest in the Community Foundation of Greater Memphis by creating living legacies that become part of a permanent, growing endowment for our community's changing needs. The reasons vary. Some donors create funds initially to take advantage of the most favorable tax savings allowed by law. Others do so out of passion for a particular social interest or cause. Still others become a part of the Foundation family because they recognize the economy and efficiency it represents in helping them achieve their overall charitable objectives. More detail on Becoming a Donor

Enjoy Immediate Returns
Community Foundation donors receive a wide range of benefits that are flexible and cost-effective. Contributions to your fund allow you to take an immediate tax deduction the year in which the gift is made, including any carry forward. Because most Foundation funds are pooled for investment purposes, donors have the additional advantage of having their funds be part of an actively managed, diversified investment portfolio. More detail on Investment Options and Performance

Invest in Our Community's Future
Through broad involvement of community leaders and a committed staff, the Community Foundation continually assesses current and emerging community issues, invests and builds on community strengths, and acts as a catalyst to invite broader community support. Discretionary grants from the Community Foundation of Greater Memphis are used to invest in the ideas and abilities of individuals and groups who want to take the lead in improving their own communities in east Arkansas, north Mississippi and west Tennessee. Program staff is also available to consult with donors who request information on specific organizations or need assistance in researching grant opportunities. More detail on Grantmaking

Trust in Recognized Leadership
The Community Foundation of Greater Memphis' Board of Governors is a group of volunteers representing the diverse interests of our community, selected and appointed for their expertise in their professions, their involvement in civic affairs, and their understanding of community issues. Their common concern brings them together to play a pivotal role in furthering the Community Foundation's mission, overseeing crucial operations with foresight, commitment and integrity. More detail on Board and Staff

 
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Community Foundation of Greater Memphis
1900 Union Avenue, Memphis, TN  38104
(901) 728-4600
EIN: 58-1723645

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