nonprofit logo

Memphis Friendship Foundation Inc

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

EIN: 452994060 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Memphis Friendship Foundation Inc?

Memphis Friendship Foundation Inc is a nonprofit organization that emphasizes fostering unity and community engagement. They have a history of co-hosting significant events such as Thanksgiving dinners and spring picnics with local organizations like the Memphis Islamic Center and Heartsong Church. Their mission includes planning and building Friendship Park, a project aimed at promoting friendships and community bonding. Regrettably, the ongoing pandemic has halted their outreach activities and special events, with the annual Friendship gathering scheduled for April this year being canceled. The Foundation's initiatives aim to bring people together, fostering a sense of camaraderie and unity in the community.

Is Memphis Friendship Foundation Inc legitimate?

Memphis Friendship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Friendship Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Memphis Friendship Foundation Inc?

The Memphis Friendship Foundation Inc, as per its mission description, focuses on promoting unity and fostering relationships within the community. They achieve this through co-sponsoring events such as Thanksgiving dinners and spring picnics with other organizations. Unfortunately, due to the pandemic, their outreach and special events have been postponed until the board deems it safe to resume. Prior to the pandemic, they hosted an annual Friendship event with around 300 attendees. One of their key initiatives is the construction of Friendship Park.

Who is the CEO of Memphis Friendship Foundation Inc?

Steve Stone is the Executive Director of Memphis Friendship Foundation Inc.

What is the revenue of Memphis Friendship Foundation Inc?

Memphis Friendship Foundation Inc's revenue in 2022 was $22,745.

Who are the executives of Memphis Friendship Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Steve Stone (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohamed B Shala (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Guerra (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Memphis Friendship Foundation Inc?

Memphis Friendship Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Memphis Friendship Foundation Inc

The Memphis Friendship Foundation Inc, as per its stated mission, focuses on fostering unity and promoting fellowship among diverse communities. They achieve this through organizing events such as Thanksgiving dinners and spring picnics, providing opportunities for people from different backgrounds to come together. Unfortunately, due to the pandemic, these outreach and special events have been temporarily halted until the board deems it safe to resume. Prior to the pandemic, the foundation had planned an annual Friendship event with 320 attendees, but this too had to be canceled. Despite the challenges, the Memphis Friendship Foundation Inc continues to work towards its goal of building Friendship Park, potentially providing a physical space for these communal gatherings in the future.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




August, 2024

Memphis Friendship Foundation Inc has made a significant impact in the community through its co-sponsored events like the Thanksgiving Dinner with the Memphis Islamic Center and Heartsong Church, as well as hosting a spring picnic and a pre-Thanksgiving Dinner. Despite the challenges posed by the pandemic, the organization continues its mission of building community connections and promoting friendship through initiatives like the Friendship Park. By bringing people together and fostering a sense of belonging, Memphis Friendship Foundation Inc has undoubtedly contributed to community improvement in Memphis, TN.




This information is meant to be a general summary of Memphis Friendship Foundation Inc. 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
$22,745 (2022)
Expenses
$41,890 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,098
  • Gross Receipts: $22,745

Assets and Liabilities:

  • Total Assets: $126,164
  • Total Liabilities: $6,862
  • Net Assets: $119,302

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Principal Officer

Steve Stone

Main Address

800 N Houston Levee Road, Memphis, TN, 38018

NTEE Category

Code: S20 - Community improvement

If you are a representative of Memphis Friendship Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.