Funding for philanthropic & community betterment projects

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$64K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $57K a year · 84% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$64K
to officers and key staff · 52% of spending
Concern: pay to officers and key staff is 52% of spending; over 30%.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $824K in investments, Pt X · Ln 11–13
Fine: 0.9 months of spending in cash, plus $824K in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$77K
+10% vs prior year
Spent
$123K
To programs
76%
Net assets
$951K
By yearFY2020–FY2025
Revenue
$77K
FY2021▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$69K
FY2021$77K
FY2022$100K
FY2023$19K
FY2024$77K
FY2025$64K
Expenses
$123K
FY2021▲ +74%
Tap a bar for its year
Expenses by fiscal year
FY2020$71K
FY2021$123K
FY2022$116K
FY2023$134K
FY2024$155K
FY2025$146K
Net assets
$951K
FY2021▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$863K
FY2021$951K
FY2022$799K
FY2023$754K
FY2024$708K
FY2025$639K

From the FY2021 Form 990 (year ending June 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $93K Management & general 24% · $29K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990; $64K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$63,690Pt VII · Sec A
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Taylor Hughes$72,327$68,714$81,625$64,084$63,690

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Memphis Rotary Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds projects that improve communities and support philanthropy.

Questions for Memphis Rotary Foundation

Tap to ask. Memphis Rotary Foundation sees how many people are interested.

Your first name shows with your question. Memphis Rotary Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $91K · in their own filed words · FY2020
01

Advancement of rotary goals and ideals through exploration of community needs and service opportunities and development of new service projects.

$66Kprogram expense
02

Direct funding of philanthropic & community betterment organizations dorothy day house (homeless) 8,440 mobile food pantries 9,332 rotary readers (books) 3,031

$21Kprogram expense
03

Rotary international program the mission of the rotary international foundation is to enable rotarians to advance world understanding, goodwill, and peace through the improvement of health, the support of education and the alleviation of poverty.

$5Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$9K
Grants paid · 6 grants · $57K · 2020–2024

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$77K
Ln 12
Investment incomeLn 3$46K
Gifts and grantsLn 1h$22K
Other incomeLn 4–11$9K
Money outPt IX
$123K
Ln 25
Programscol B$93K
Managementcol C$29K
Owns and owesPt X
$951K
net assets · Ln 32
Cash and savingsLn 1–2$10K
Total assetsLn 16$973K
LiabilitiesLn 26$22K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$22K
Investment incomeLn 3$46K
Other incomeLn 4–11$9K
Gains on assetsLn 7$8K
Total revenueLn 12$77K
Assets in detailPt X, end of year
SavingsLn 2$10K
Cash and savings togetherLn 1–2$10K
InvestmentsLn 11–13$824K
Total assetsLn 16$973K
LiabilitiesLn 26$22K
Net assetsLn 32$951K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$14K$10K
InvestmentsLn 11–13$702K$824K
Total assetsLn 16$863K$973K
LiabilitiesLn 26$0$22K
Net assetsLn 32$863K$951K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$28K$28K
Other salaries and wagesLn 7$59K$44K$15K$0
Pension plan contributionsLn 8$5K$4K$1K$0
Payroll taxesLn 10$5K$4K$1K$0
Accounting feesLn 11c$4K$0$4K$0
Investment management feesLn 11f$4K$0$4K$0
Office expensesLn 13$3K$2K$658$0
InsuranceLn 23$7K$5K$2K$0
Other expenses (24a–d)Ln 24$9K$7K$2K$0
All other expensesLn 24e$462$245$217$0
Total functional expensesLn 25$123K$93K$29K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $64K$146K−$82K$639K 990 PDF
FY2024 $77K$155K−$78K$708K 990 PDF
FY2023 $19K$134K−$115K$754K 990 PDF
FY2022 $100K$116K−$17K$799K 990 PDF
FY2021 Viewing $77K$123K−$46K$951K 990 PDF
FY2020 $69K$71K−$1K$863K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $76,544 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $29,728$22,196
I-9 Program service revenue$0
I-10 Investment incomePrior year $34,927$45,644
I-11 Other revenuePrior year $4,764$8,704
I-12 Total revenuePrior year $69,419$76,544
I-13 Grants and similar amounts paidPrior year $19,425$27,509
I-14 Benefits paid to members$0
I-15 Salaries and benefits$68,485
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $51,099$26,584
I-18 Total expensesPrior year $70,524$122,578
I-19 Revenue less expensesPrior year −$1,105−$46,034
Part VI · Governance 12 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $76,544 across 6 lines filed
VIII-1f All other contributions, gifts and grants$22,196
VIII-1h Total contributions, gifts and grants$22,196
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $37,869$37,869
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $7,775$7,775
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $8,704$8,704
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $54,348$76,544
Part IX · Statement of functional expenses $122,578 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $27,509$27,509
IX-7 Other salaries and wagesPrograms $44,226 · Management $14,742 · Fundraising $0$58,968
IX-8 Pension plan contributionsPrograms $3,542 · Management $1,180 · Fundraising $0$4,722
IX-10 Payroll taxesPrograms $3,596 · Management $1,199 · Fundraising $0$4,795
IX-11c Accounting feesPrograms $0 · Management $3,500 · Fundraising $0$3,500
IX-11f Investment management feesPrograms $0 · Management $3,997 · Fundraising $0$3,997
IX-13 Office expensesPrograms $1,977 · Management $658 · Fundraising $0$2,635
IX-23 InsurancePrograms $5,025 · Management $1,675 · Fundraising $0$6,700
IX-24 Other expenses (24a–d)Programs $6,968 · Management $2,322 · Fundraising $0$9,290
IX-24e All other expensesPrograms $245 · Management $217 · Fundraising $0$462
IX-25 Total functional expensesPrograms $93,088 · Management $29,490 · Fundraising $0$122,578
Part X · Balance sheet $973,064 assets, 11 lines filed
Asset lines not itemized here account for $128,749; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $13,785$9,624
X-4 Accounts receivableStart of year $1,946$10,718
X-11 Publicly traded securitiesStart of year $685,767$803,774
X-12 Other securitiesStart of year $16,297$20,199
X-16 Total assetsStart of year $863,263$973,064
X-17 Accounts payable and accrued expenses$22,259
X-26 Total liabilitiesStart of year $0$22,259
X-27 Net assets without donor restrictionsStart of year $856,303$946,105
X-28 Net assets with donor restrictionsStart of year $6,960$4,700
X-32 Total net assets or fund balancesStart of year $863,263$950,805
X-33 Total liabilities and net assetsStart of year $863,263$973,064
Part XI · Reconciliation of net assets $950,805 net assets at year end
XI-1 Total revenue$76,544
XI-2 Total expenses$122,578
XI-3 Revenue less expenses−$46,034
XI-4 Net assets at start of year$863,263
XI-5 Net unrealized gains (losses) on investments$133,576
XI-10 Net assets at end of year$950,805

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.