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March Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311654850 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is March Foundation?

The March Foundation, situated in Memphis, Tennessee, primarily serves the local community of Memphis and Shelby County. Their sole program involves accepting property for utilization exclusively for religious, charitable, scientific, literary, or educational purposes. The foundation's primary objective is to support the Community Foundation of Greater Memphis, Inc., in executing its charitable mission. This support may encompass various aspects of community development and betterment.


Official website here: www.cfgm.org

Is March Foundation legitimate?

March Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. March Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cfgm.org

What is the mission statement of March Foundation?

The March Foundation serves a vital role by assisting the Community Foundation of Greater Memphis, Inc., in carrying out its charitable mission. Its primary objective is to support causes that are religious, charitable, scientific, literary, or educational, primarily benefiting Memphis and Shelby County. The foundation's only program involves accepting property for such purposes. Essentially, the March Foundation aims to contribute to these sectors and enhance the wellbeing of its local community.


Official website here: www.cfgm.org

Who is the CEO of March Foundation?

Robert M Fockler is the Chair of March Foundation.


Official website here: www.cfgm.org

What is the revenue of March Foundation?

March Foundation's revenue in 2023 was -$293,132.


Official website here: www.cfgm.org

Who are the executives of March Foundation and what are their salaries?

There 3 volunteers at March Foundation.


Here are 3 key members and their salaries:


H Stephen Brown (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara S Mora (Secretary/Treasurer)
  • Compensation: $0
  • Related: $189,370
  • Other: $26,074
Robert M Fockler (President)
  • Compensation: $0
  • Related: $361,278
  • Other: $52,877


Official website here: www.cfgm.org

Where can I find the form 990 for March Foundation?

March Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cfgm.org

Learn more at the official website: www.cfgm.org

Mission Statement of March Foundation

March Foundation, as stated in its mission description, is primarily dedicated to supporting the charitable mission of the Community Foundation of Greater Memphis, Inc. This support is essential in carrying out the Community Foundation's charitable objectives. The March Foundation's sole program involves accepting property for use, primarily benefiting Memphis and Shelby County, with a focus on purposes such as religion, charity, science, literature, and education. This commitment to these causes contributes to the betterment of the community, aligning with the March Foundation's mission to support and uplift its surrounding areas.

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Impact




October, 2024

March Foundation plays a vital role in enhancing the community infrastructure of Memphis and Shelby County. By accepting property dedicated to religious, charitable, scientific, literary, or educational purposes, the foundation directly contributes to the welfare of the region. This not only supports local initiatives but also strengthens the charitable mission of the Community Foundation of Greater Memphis, Inc.

Through its focused program, March Foundation ensures that resources are allocated effectively to meet the pressing needs of the community. The foundation's efforts facilitate various philanthropic endeavors, driving forward initiatives that improve quality of life, educational opportunities, and support for vulnerable populations in the area. The impact of March Foundation is felt through its commitment to community betterment and the advancement of charitable activities, thereby fostering a more engaged and resilient Memphis.




This information is meant to be a general summary of March Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$293,132 (2023)
Expenses
$6,145 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$293,132

Assets and Liabilities:

  • Total Assets: $308,012
  • Total Liabilities: $975
  • Net Assets: $307,037

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Organization Details

Founding Year

1999

Principal Officer

Robert M Fockler

Main Address

1900 UNION AVENUE, MEMPHIS, TN, 38112

NTEE Category

Code: T22 - Philanthropy

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