Memphis Tomorrow logo

Memphis Tomorrow

Public charity · Grantmaker Memphis, TN EIN: 62-1867308 Website

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.

Key facts about Memphis Tomorrow

In short: Memphis Tomorrow gave $633K across 5 grants in 2024 (avg $127K), mostly in Tennessee. Source: 2024 IRS Form 990.

EIN
62-1867308
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$632,531
Grants made (2024)
5
Average grant
$126,506
Median grant
$160,500
Total assets
$635,085
Primary geography
Tennessee (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$635K

+26.2% YoY

Annual Giving

$633K

-16.5% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$127K

-33.2% YoY

How Memphis Tomorrow gives

  • Giving grew 49% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Memphis Tomorrow

Based on IRS filings

Memphis Tomorrow is a public charity focused on Community Improvement & Capacity Building, based in Memphis, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $635K in total assets. In 2024, it awarded 5 grants totaling $633K. Net investment income was $23K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

Memphis

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K3 grants2020 3 grants2021 3 grants2022 4 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $425K (2021) to $757K (2023). In 2024 it made 5 grants totaling $633K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Memphis Brand Initiative: $250KMemphis Brand Initiative$250KOpportunity Tennessee: $165KOpportunity Tennessee$165KMemphis Shelby County Crime Commission: $161KMemphis Shelby County CrimeCommission$161KTN for Quality Early Education: $50KTN for Quality Early Education$50KYouth Villages: $7KYouth Villages$7K

The largest 2024 recipient was Memphis Brand Initiative ($250K). Together the top 5 received $633K.

Grant Size Distribution

18 grants across all recorded years

1<$50K5$50–100K5$100–250K7$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 7 grants of 18 (39%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Memphis Brand Initiative Memphis, TNOperations$250,000
Opportunity Tennessee Memphis, TNOperations$165,000
Memphis Shelby County Crime Commission Memphis, TNOperations$160,500
TN for Quality Early Education Memphis, TNOperations$50,000
Youth Villages Memphis, TNOperations$7,031

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$635,085$503,077$526,503
Revenue$1,152,867$952,639$1,027,400
Expenses$1,059,626$1,180,297$947,648
Net Investment Income$22,867$2,639$-2,600

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 10, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Memphis Tomorrow is led by Blair Taylor, President on every filing since 2020; 1 of 21 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Blair Taylor

    President

    On filings since 2020

    40 hrs/week

    $267K (2020) → $291K (2024)

  • Bryan Jordan

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Edward Dobbs

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gary Shorb

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • H. Eric Bolton Jr.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James R. Downing

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jason Little

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Karl Schledwitz

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kevin McEniry

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Ugwueke

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pitt Hyde III

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Reginald Coopwood

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Horace Carter

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jean-Michel Ribieras

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Peter Buckley

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ted Townsend

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Boyden Moore

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jennifer Collins

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Philip B. Daniele

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Johnny B. Moore Jr.

    Secretary & Treasurer

    Secretary → Secretary & Treasurer, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Sutton

    Vice Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (9)
  • Former: Richard C. Shadyac Jr. (2020–2023) — Director
  • Former: Beverly Robertson (2020–2022) — Director
  • Former: William Rhodes (2020–2022) — Director
  • Former: David Slott (2020–2021) — Director
  • Former: John Alexander (2020–2021) — Director
  • Former: John Carson (2020–2021) — Director
  • Former: Marjorie Haas (2020–2021) — Director
  • Former: Rex Tibbens (2020–2021) — Director
  • Former: David Perry (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Blair Taylor — President: $291KBlair TaylorPresident$291K

The highest reported compensation on the 2024 filing was $291K, to Blair Taylor (President).

Frequently asked questions about Memphis Tomorrow

How much does Memphis Tomorrow give each year?

Memphis Tomorrow gave $633K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $757K across 4 grants.

What is Memphis Tomorrow's typical grant size?

Memphis Tomorrow's median grant in 2024 was $160,500, and its average grant was $126,506, across 5 grants on its 2024 IRS Form 990.

Where does Memphis Tomorrow give grants?

Memphis Tomorrow gives mostly in Tennessee: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Memphis, TN (5 grants).

Does Memphis Tomorrow give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Memphis Tomorrow's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Operations" (5 grants).

Who are Memphis Tomorrow's largest grantees?

Memphis Tomorrow's largest 2024 grantees include Memphis Brand Initiative ($250,000), Opportunity Tennessee ($165,000) and Memphis Shelby County Crime Commission ($160,500), according to its 2024 IRS Form 990. Together they received 91% of its itemized 2024 grant dollars.

How large is Memphis Tomorrow?

Memphis Tomorrow reported $635K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.2M.

What is Memphis Tomorrow?

Memphis Tomorrow is a public charity focused on Community Improvement & Capacity Building, based in Memphis, TN. It holds $635K in total assets as of 2024.

What is Memphis Tomorrow's EIN?

Memphis Tomorrow's EIN (Employer Identification Number) is 62-1867308. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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