MEMPHIS GRIZZLIES CHARITABLE FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MEMPHIS GRIZZLIES CHARITABLE FOUNDATION (EIN 20-1356702)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-06-30
- IRS object ID
- 201111819349100351
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-06-30T10:48:21-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUNDIGE PAYNE AND COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 COLONIAL ROAD SUITE 220 | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 381175156 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201356702 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEMPHIS GRIZZLIES CHARITABLE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MEMP | NameControl |
| Phone | 9012051234 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 191 BEALE STREET | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 381033715 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JENNIFER T KOLTNOW | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 9012051234 | Phone |
| Date Signed | 2011-06-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD L WEBB CPA | Name |
| Phone | 9016834234 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 101021 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 2093723 | ContriReceivedRevAndExpnss |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 2093723 | TotalRevenueAndExpenses |
| Total Net Investment Income | 0 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 2500 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 13000 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 0 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 204196 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 219696 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1880392 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1880392 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2100088 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1880392 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -6365 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 107386 | CashBOY |
| Cash EOY | 101021 | CashEOY |
| Cash EOYFMV | 101021 | CashEOYFMV |
| Total Assets BOY | 107386 | TotalAssetsBOY |
| Total Assets EOY | 101021 | TotalAssetsEOY |
| Total Assets EOYFMV | 101021 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 76152 | UnrestrictedBOY |
| Unrestricted EOY | 94689 | UnrestrictedEOY |
| Temporarily Restricted BOY | 31234 | TemporarilyRestrictedBOY |
| Temporarily Restricted EOY | 6332 | TemporarilyRestrictedEOY |
| Total Net Assets BOY | 107386 | TotalNetAssetsBOY |
| Total Net Assets EOY | 101021 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 107386 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 101021 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 107386 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -6365 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 101021 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 101021 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1967246 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 193980 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 10.141489 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 2270773 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 57238 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 39.672473 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 1852806 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 30279 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 61.191123 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1414910 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 48615 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 29.104392 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 2900852 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 117834 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 24.618124 | DistributionRatioYear5 |
| Total Distribution Ratio | 164.727601 | TotalDistributionRatio |
| Average Distribution Ratio | 32.945520 | AverageDistributionRatio |
| Net Noncharitable Assets | 120874 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 3982257 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 0 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3982257 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1880392 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 0 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 0 | TaxBasedOnInvestmentIncome |
| Total Credits And Payments | 0 | TotalCreditsAndPayments |
| Tax Due | 0 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | TN | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | WWW.GRIZZLIES.COM | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOPS LLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 9012051234 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 191 BEALE STREET | AddressLine1 |
| City | MEMPHIS | City |
| State | TN | State |
| ZIP Code | 381033715 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (13 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|
| ANDY CATES | |||||||||
| 429 NORTH MAIN STREET SUITE 100 | MEMPHIS | TN | 38103 | DIRECTOR | 4.00 | 0 | 0 | 0 | |
| STALEY CATES | |||||||||
| 6410 POPLAR AVE IP TOWER 2 SUITE | MEMPHIS | TN | 38119 | DIRECTOR AND PRESIDENT | 4.00 | 0 | 0 | 0 | 900 |
| CHARLES EWING SR | |||||||||
| 12 EAST BELZ | MEMPHIS | TN | 38109 | DIRECTOR | 1.00 | 0 | 0 | 0 | |
| MICHAEL HEISLEY | |||||||||
| 70 WEST MADISON AVENUE SUITE 5600 | CHICAGO | IL | 60602 | DIRECTOR | 2.00 | 0 | 0 | 0 | |
| BARBARA HYDE | |||||||||
| 17 WEST PONTOTOC AVENUE SUITE 200 | MEMPHIS | TN | 38103 | DIRECTOR | 1.00 | 0 | 0 | 0 | |
| J R PITT HYDE III | |||||||||
| 17 WEST PONTOTOC AVENUE SUITE 200 | MEMPHIS | TN | 38103 | DIRECTOR | 1.00 | 0 | 0 | 0 | |
| FRED JONES JR | |||||||||
| 4466 ELVIS PRESLEY BLVD SUITE 248 | MEMPHIS | TN | 38116 | DIRECTOR | 1.00 | 0 | 0 | 0 | |
| JENNIFER KOLTNOW | |||||||||
| 191 BEALE STREET | MEMPHIS | TN | 38103 | EXECUTIVE DIRECTOR | 40.00 | 0 | 0 | 0 | |
| STANLEY MEADOWS | |||||||||
| 227 WEST MONROE STREET | CHICAGO | IL | 606065096 | DIRECTOR AND TRES/SEC | 2.00 | 0 | 0 | 0 | |
| ELLIOT PERRY | |||||||||
| 6410 POPLAR AVE IP TOWER 2 SUITE | MEMPHIS | TN | 38119 | DIRECTOR AND VICE PRESIDENT | 5.00 | 0 | 0 | 0 | 720 |
| PETE PRANICA | |||||||||
| 8558 SHADY TRAIL COVE | CORDOVA | TN | 38018 | DIRECTOR | 1.00 | 0 | 0 | 0 | |
| MICHAEL CONLEY | |||||||||
| 191 BEALE STREET | MEMPHIS | TN | 38103 | DIRECTOR | 1.00 | 0 | 0 | 0 | |
| SEAN TUOHY | |||||||||
| 6178 SHADY GROVE LANE | MEMPHIS | TN | 38120 | DIRECTOR | 1.00 | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | TICKETS FOR KIDS - BENEFICIARIES: APPROXIMATELY 20,000 YOUTH REPRESENTING MULTIPLE LOCAL NON-PROFIT AGENCIES FOR ELEMENTARY THROUGH HIGH SCHOOL YOUTH. FACILITATES THE DISTRIBUTION OF TICKETS TO MEMPHIS GRIZZLIES HOME BASKETBALL GAME TO YOUTH WHO WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO ATTEND A PROFESSIONAL BASKETBALL GAME. | Description1 |
| Expenses1 | 218288 | Expenses1 |
| Description2 | CHRISTMAS GIFTS - BENEFICIARIES: 100 AREA YOUTH FROM SINGLE FAMILY HOUSEHOLDS. PROVIDES GIFTS CARDS TO EACH CHILD AND THEIR PARENTS TO PUCHASE CHRISTMAS GIFTS, TOYS, CLOTHES AND HOUSEHOLD ITEMS AT CHRISTMAS TIME FOR THOSE FAMILIES IN NEED. | Description2 |
| Expenses2 | 25000 | Expenses2 |
| Description3 | TEAM UP YOUTH MENTORING - BENFICIARIES: MEMPHIS AREA STUDENTS. MENTORS ASSIST STUDENTS IN DEFINING AND ACHEIVING GOALS RELATED TO EDUCATION, CAREER, AND PERSONAL GROWTH AND DEVELOPMENT. | Description3 |
| Expenses3 | 42502 | Expenses3 |
| Description4 | LE BONHEUR CHILDREN'S MEDICAL CENTER - BENEFICIARIES: HAITIAN CHILDREN AFFECTED BY THE RECENT EARTHQUAKES AND SUBSEQUENT AFTERSHOCKS AFFECTING THE REGION. PROVIDES SUPPORT TO PHYSICIANS AND MEDICAL PERSONNEL TRAVELING TO HAITI TO ADDRESS IMMEDIATE AND CRITICAL CARE NEEDS. | Description4 |
| Expenses4 | 50000 | Expenses4 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 122715 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 122715 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 122715 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1841 | CashDeemedCharitable |
| Net Noncharitable Assets | 120874 | NetNoncharitableAssets |
| Minimum Investment Return | 6044 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 6044 | MinimumInvestmentReturn |
| Total Tax | 0 | TotalTax |
| Distributable Amount Before Adj | 6044 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 6044 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 6044 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1880392 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 1880392 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1880392 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 6044 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 2894870 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 1412479 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 1851292 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 2267911 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 1957547 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 10384099 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1880392 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 6044 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 1874348 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 12258447 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 2894870 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 9363577 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 1412479 | ExcessFromYear4 |
| Excess From Year3 | 1851292 | ExcessFromYear3 |
| Excess From Year2 | 2267911 | ExcessFromYear2 |
| Excess From Year1 | 1957547 | ExcessFromYear1 |
| Excess From Current Year | 1874348 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STALEY CATES | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (26 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Recipient RelationshipRecipientRelationship |
|---|---|---|---|---|---|---|---|
| IDLEWILD PRESBYTERIAN CHURCH | |||||||
| 1750 UNION AVENUE | MEMPHIS | TN | 38104 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-SOCIAL WELFARE | $1,200 | |
| MEMPHIS ATHLETIC MINISTRIES INC | |||||||
| 2107 BALL ROAD | MEMPHIS | TN | 38114 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $1,000,000 | |
| MIFA | |||||||
| 910 VANCE | MEMPHIS | TN | 38126 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-SOCIAL WELFARE | $25,000 | |
| MEMPHIS LEADERSHIP FOUNDATION INC | |||||||
| 1548 POPLAR AVE | MEMPHIS | TN | 38104 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $25,000 | |
| EXCHANGE CLUB FAMILY CENTER | |||||||
| 2180 UNION AVENUE | MEMPHIS | TN | 38104 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $25,000 | |
| CHURCH HEALTH CENTER | |||||||
| 1196 PEABODY | MEMPHIS | TN | 38104 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-HEALTHCARE | $25,000 | |
| ARTS MEMPHIS | |||||||
| 119 SOUTH MAIN SUITE 500 | MEMPHIS | TN | 38103 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | $25,000 | |
| THE LEADERSHIP ACADEMY | |||||||
| 22 NORTH FRONT STREET | MEMPHIS | TN | 38103 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $25,000 | |
| MEMPHIS CHILD ADVOCACY CENTER | |||||||
| 1085 POPLAR | MEMPHIS | TN | 38105 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $25,000 | |
| MEMPHIS FOOD BANK | |||||||
| 239 SOUTH DUDLEY | MEMPHIS | TN | 38104 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-SOCIAL WELFARE | $25,000 | |
| YOUTH UNITED WAY | |||||||
| 6775 LENNOX CENTER COURT | MEMPHIS | TN | 38115 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $25,000 | |
| STREETS MINISTRIES INC | |||||||
| 430 VANCE AVENUE | MEMPHIS | TN | 38126 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | $25,000 | |
| GIRLS INC | |||||||
| 2670 UNION AVENUE EXTENDED | MEMPHIS | TN | 38112 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $50,000 | |
| THE WORKS INC | |||||||
| 1471 GENESIS CIRCLE | MEMPHIS | TN | 38106 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $25,000 | |
| MEMPHIS GRIZZLIES TICKETS FOR KIDS PROGRAM | |||||||
| 191 BEALE STREET | MEMPHIS | TN | 38103 | N/A | PROVIDES TICKETS TO PRO BASKETBALL GAMES TO VARIOUS YOUTH ORGANIZATIONS | $218,288 | NONE |
| CHRISTMAS GIFT CARDS | |||||||
| 191 BEALE STREET | MEMPHIS | TN | 38103 | N/A | PROVIDED CHRISTMAS GIFT CARDS TO LOW INCOME FAMILIES | $25,000 | NONE |
| SAMARATIN'S FEET | |||||||
| 430 VANCE AVENUE | MEMPHIS | TN | 38103 | N/A | PROVIDES SHOES FOR AT-RISK KIDS PARTICIPATING IN A NPO'S EDUCATION PROGRAM | $5,000 | NONE |
| GET FIT WITH THE GRIZZLIES | |||||||
| 191 BEALE STREET | MEMPHIS | TN | 38103 | N/A | HEALTH/WELLNESS INITIATIVE FOR 15 PUBLIC SCHOOLS | $24,902 | NONE |
| BOWLING FOR BACK PACKS | |||||||
| 191 BEALE STREET | MEMPHIS | TN | 38103 | N/A | PROVIDES SCHOOL SUPPLIES AND BACKPACKS TO LOW INCOME FAMILIES | $2,000 | NONE |
| LEBONHEUR FOUNDATION | |||||||
| PO BOX 41817 | MEMPHIS | TN | 41817 | N/A | PROVIDES MEDICAL SUPPORT FOR CHILDREN AFFECTED BY RECENT HAITIAN EARTHQUAKES | $50,000 | NONE |
| MEMPHIS ATHLETIC MINISTRIES REALTY | |||||||
| 2107 BALL ROAD | MEMPHIS | TN | 38114 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $100,000 | |
| MEMPHIS PREP PROGRAM | |||||||
| 613 UNIVERSITY STREET | MEMPHIS | TN | 38107 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $60,000 | |
| NEW BALLET ENSEMBLE & SCHOOL | |||||||
| 2157 YORK AVENUE | MEMPHIS | TN | 38104 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $10,000 | |
| YOUTH DIMENSIONS | |||||||
| 3385 AUSTIN PEAY HIGHWAY | MEMPHIS | TN | 38128 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $4,000 | |
| LEADERSHIP MEMPHIS | |||||||
| 119 SOUTH MAIN SUITE 425 | MEMPHIS | TN | 38103 | PUBLIC | UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | $12,500 | |
| TEAM UP MENTORING PROGRAM | |||||||
| 191 BEALE STREET | MEMPHIS | TN | 38103 | N/A | PROVIDES PERSONAL AND EDUCATIONAL GUIDANCE TO AT-RISK YOUTH | $42,502 | NONE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1880392 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $0 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 0 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (16 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType | Payroll Contribution TypePayrollContributionType |
|---|---|---|---|---|---|---|---|---|
| 1 | ANDREW CATES | 1488 CARR AVENUE | MEMPHIS | TN | 38104 | 15210 | X | |
| 2 | HOPE CHRISTIAN COMMUNITY FOUNDATION | 5100 POPLAR AVENUE SUITE 2412 | MEMPHIS | TN | 38137 | 1667000 | X | |
| 3 | J R HYDE FOUNDATION | 17 WEST PONTOTOC AVE SUITE 200 | MEMPHIS | TN | 38103 | 5000 | X | |
| 4 | MIKE CONLEY | 191 BEALE STREET | MEMPHIS | TN | 38103 | 11833 | X | |
| 5 | OJ MAYO | 191 BEALE STREET | MEMPHIS | TN | 38103 | 9750 | X | |
| 6 | R L GAY | 191 BEALE STREET | MEMPHIS | TN | 38103 | 11000 | X | |
| 7 | STALEY CATES | 339 ST ANDREWS FAIRWAY | MEMPHIS | TN | 38137 | 282556 | X | |
| 8 | MICHAEL HEISLEY | 191 BEALE STREET | MEMPHIS | TN | 38103 | 11900 | X | |
| 9 | ZACH RANDOLPH | 191 BEALE STREET | MEMPHIS | TN | 38103 | 11833 | X | |
| 10 | MARC GASOL | 191 BEALE STREET | MEMPHIS | TN | 38103 | 11833 | X | |
| 11 | STEVEN HUNTER | 191 BEALE STREET | MEMPHIS | TN | 38103 | 9333 | X | |
| 12 | SAM YOUNG | 191 BEALE STREET | MEMPHIS | TN | 38103 | 6250 | X | |
| 13 | HASHEEM THABEET | 191 BEALE STREET | MEMPHIS | TN | 38103 | 8500 | X | |
| 14 | HAMED HADDADI | 191 BEALE STREET | MEMPHIS | TN | 38103 | 8375 | X | |
| 15 | DEMARRE CARROLL | 191 BEALE STREET | MEMPHIS | TN | 38103 | 6250 | X | |
| 16 | JAMAAL TINSLEY | 191 BEALE STREET | MEMPHIS | TN | 38103 | 7250 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING EXPENSE | Category |
| Amount | $2,500 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LEASED EMPLOYEE AND SHARED SERVICES AGREEMENT | Identifier |
| Return Reference | FORM 990PF, PAGE 1, PART I, LINE 23 | ReturnReference |
| Explanation | GENERAL AND ADMINISTRATIVE EXPENSES INCLUDED ON FORM 990PF, PAGE 1, PART I, LINE 23LINE 23 - OTHER EXPENSES INCLUDES REIMBURSEMENT TO HOOPS, LP (LESSOR) UNDER THE TERMS OF A LEASED EMPLOYEE AND SERVICES AGREEMENT WHEREBY THE FOUNDATION REIMBURSES THE LESSOR FOR COMPENSATION, PAYROLL TAXES, AND BENEFITS FOR THREE LEASED EMPLOYEES AND OTHER ADMINISTRATIVE EXPENSES. THE EXPENSES ARE STYLED "MANAGMENT AND GENERAL" ON LINE 23 IN THE AMOUNT OF $204,196. | Explanation |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MANAGMENT AND GENERAL-SEE STATEMENT 10 | Description |
| Revenue And Expenses Per Books | 204196 | RevenueAndExpensesPerBooks |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROGRAM ASSISTANCE | Category |
| Amount | $13,000 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |