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Tennessee · Public charity

Memphis Tomorrow

MEMPHIS TOMORROW is an association of ceos of memphis' largest businesses working to promote opportunity and quality of life for all memphians through collective action and public-private partnerships.

$633k
Granted FY2024(still arriving)
5
Grants FY2024
4
Organizations funded FY2023
25%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$160,500
Largest grant, FY2024
$250,000
Organizations funded a year
3 to 4
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$635k

How open it is to new grantees

In FY2023, 25% of the organizations Memphis Tomorrow funded were first-time grantees, receiving 37% of its grant dollars.

New vs renewed · share of each year

In FY2023, 63% of grant dollars renewed an existing relationship; $282k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
Human ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving5$633k20%
FY20234$757k25%
FY20223$425k0%
FY20213$425k0%
FY20203$688k0%
FY20193$425k0%
FY20184$1.1M25%
FY20173$629kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Community Improvement$2.4MCrime & Legal$1.8MEducation$644kHuman Services$289kPhilanthropy$250k

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Memphis Brand Office$2,000,000822%
Memphisshelby Crime Commission$1,773,493865%
Tennesseans for Quality Early Education Policy and Research$643,942838%
Youth Villages Inc$289,41620%
Memphis Area Chamber of Commerce$255,00014%
Opportunity Tennessee$165,0001n/a

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Jr Hyde III Family FoundationTN15.7× affinity5 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jr Hyde III Family Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Memphis Tomorrow with peer funders

About Memphis Tomorrow

How much does Memphis Tomorrow give?
Memphis Tomorrow reported 5 grants totaling $632,531 in its FY2024 IRS filing. It funded between 3 and 4 organizations a year over FY2017 to FY2023.
What does Memphis Tomorrow fund?
By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (45%), Crime & Legal (33%), Education (12%).
Who are Memphis Tomorrow's largest grantees?
By total granted over FY2017 to FY2024: Memphis Brand Office ($2.0M), Memphisshelby Crime Commission ($1.8M), Tennesseans for Quality Early Education Policy and Research ($644k).
Does Memphis Tomorrow fund new organizations?
In FY2023, 25% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Memphis Tomorrow?
Its strongest co-funders, measured against what their size predicts, include Jr Hyde III Family Foundation.
Where is Memphis Tomorrow based?
Memphis Tomorrow is based in TN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 7 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Memphis Tomorrow’s filings →

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