Community Foundation of Greater Memphis Timeline

1914
  • The first community foundation in the U.S. was formed in Cleveland, Ohio.
1969
  • The Memphis Community Foundation was incorporated by Future Memphis, which served as the Foundation's governing body until 1974.
1972
  • Local philanthropist and business leader Abe Plough gave the Foundation its first $1 million in honor of his parents, Moses and Julia Plough.
1973
  • The Foundation name was changed to the Memphis-Plough Community Foundation.
1974
  • The first full-time executive director was hired, the first fund-raising campaign was completed and the Foundation awarded its first discretionary grant.
1975
  • The Board of Governors adopted policies for establishing donor-advised funds.

  • The first advised grants were awarded: four grants of $50 each for Memphis University School, the American Cancer Society, Princeton University and the National Multiple Sclerosis Society.
1976
  • The first discretionary grant for immediate need was awarded. The Foundation Board approved a $4,700 grant to the Memphis Pink Palace Museum for “salvage excavation of a mammoth/mastodon skeleton in the bank of Nonconnah Creek,” for analysis and examination of finds and publication of scientific data resulting from excavation.
1986
  • The legal entity “Community Foundation of Greater Memphis” was created. Memphis-Plough Community Foundation continues as a supporting organization.
  • The Foundation made its first loan: $110,000 to MIFA for its first permanent home at Vance and East.
1988
  • Women’s Fund was established with a $50,000 anonymous gift.
1989
1990
  • The Neighborhoods Small Grants program was started with support of $120,000 from the Charles Stewart Mott Foundation in Flint, Mich.
1993
1994
  • The Community Foundation was successful in its partnership with Vollintine-Evergreen Community Association, obtaining a $975,000 grant from The Pew Charitable Trusts for VECA. The Community Foundation selected VECA as the applicant and raised the matching $325,000 from local sources to fund a three-year Neighborhood Preservation Initiative to boost housing, business, youth services and recreation.
1995
  • The Women’s Foundation of Greater Memphis (now Women’s Foundation for a Greater Memphis) was formed, becoming the first resident supporting organization.
1997
  • The Community Foundation moved to 1900 Union Avenue after acquiring the building via bargain sale from Ham and Katherine Hinds Smythe.
1999
  • The RISE Foundation was established as a resident supporting organization.
2003
  • The Foundation awarded the largest discretionary grant to date of $100,000 to Memphis City Schools’ new Our Children – Our Future program to improve student test scores. A second-year grant of $100,000 was to be awarded if the program proved successful. Test scores improved, and the second-year grant was awarded.
2004
  • The Foundation set a record for the largest discretionary grant with a $250,000 grant for the EarnBenefits program to help low-wage workers.

  • Total grants exceeded $300 million.
2005
2006
  • Assets reached $250 million.
2007
2008
  • Milestone of 1,000 funds reached.     
2009

2010
  • Give 365, a giving program aimed at young professionals, is launched.
     
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