The Pictsweet Foundation

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

EIN: 621248225 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Pictsweet Foundation?

The Pictsweet Foundation is a nonprofit organization situated in Memphis, Tennessee, specifically at 1900 Union Avenue, with its primary focus on contributing to religious, charitable, scientific, literary, or educational causes predominantly benefiting Memphis and Shelby County. Its primary mission is to support the Community Foundation of Greater Memphis, Inc., in carrying out its charitable objectives. The foundation's only program involves accepting property for these specified purposes.


Official website here: www.cfgm.org

Is The Pictsweet Foundation legitimate?

The Pictsweet Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pictsweet 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 The Pictsweet Foundation?

The Pictsweet Foundation's primary mission is to aid the Community Foundation of Greater Memphis, Inc. in executing its charitable objectives. This assistance is a key aspect of the organization's exempt purpose. The Foundation's only program involves accepting property, which is then utilized solely for religious, charitable, scientific, literary, or educational purposes, primarily benefiting Memphis and Shelby County.


Official website here: www.cfgm.org

What is the revenue of The Pictsweet Foundation?

The Pictsweet Foundation's revenue in 2024 was $92,785.


Official website here: www.cfgm.org

Who are the executives of The Pictsweet Foundation and what are their salaries?

There 5 volunteers at The Pictsweet Foundation.

Here are 6 key members and their salaries:


Robert M Fockler (President)
  • Compensation: $0
  • Related: $371,271
  • Other: $60,199
J Martin Regan Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James I Tankersley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelle T Northern (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara S Mora (Secretary)
  • Compensation: $0
  • Related: $206,477
  • Other: $29,136
George Lumm (Treasurer Until 4.30.24)
  • Compensation: $0
  • Related: $200,483
  • Other: $41,240


Official website here: www.cfgm.org

Where can I find the form 990 for The Pictsweet Foundation?

The Pictsweet Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.cfgm.org

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

Mission Statement of The Pictsweet Foundation

The Pictsweet Foundation, in its primary mission, aids the Community Foundation of Greater Memphis, Inc. in executing its charitable objectives. This assistance is a key aspect of the foundation's exempt purpose, enabling it to contribute to the betterment of the community, primarily focusing on religious, charitable, scientific, literary, or educational causes. The Foundation's only program involves the acceptance of property, intended for use exclusively for such purposes, benefiting Memphis and Shelby County.

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Impact




October, 2024

The Pictsweet Foundation has made a significant impact by facilitating philanthropic endeavors that enrich the Memphis and Shelby County communities. By assisting the Community Foundation of Greater Memphis, the organization supports various charitable initiatives aimed at enhancing religious, scientific, literary, and educational activities within the region. This commitment ensures that resources are directed toward meaningful projects that address the needs of the local population, ultimately fostering growth and development in critical areas such as education. Through its focused approach, the foundation plays a vital role in strengthening community bonds and improving the quality of life for residents.




This information is meant to be a general summary of The Pictsweet 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
$92,785 (2024)
Expenses
$34,088 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $18,118
  • Gross Receipts: $92,785

Assets and Liabilities:

  • Total Assets: $2,021,346
  • Total Liabilities: $975
  • Net Assets: $2,020,371

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Organization Details

Founding Year

1983

Principal Officer

Robert M Fockler

NTEE Category

Code: B11 - Education

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