MEMPHIS LIBRARY FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: MEMPHIS LIBRARY FOUNDATION (EIN 62-1590768)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-02-15
IRS object ID: 202340469349300049
Schema version: 2021v4.2
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
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-02-15T09:14:07-06:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	205556145	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FRAZEE IVY DAVIS PLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5100 POPLAR AVE STE 1400	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	381371499	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	621590768	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MEMPHIS LIBRARY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MEMP	BusinessNameControlTxt
Phone	9014152831	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3030 POPLAR AVENUE	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38111	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CHRISTINE WEINREICH	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	9014152831	PhoneNum
Signature	2023-01-23	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	CHRISTINE	PersonFirstNm
Person Last	WEINREICH	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	J SLATER SMITHERS CPA	PreparerPersonNm
PTIN	P00281055	PTIN
Phone	9016851040	PhoneNum
Preparation	2023-01-23	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-03-07 01:45:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CHRISTINE WEINREICH	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3030 POPLAR AVENUE	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38111	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$5,469,222	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.MEMPHISLIBRARYFOUNDATION.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1995	FormationYr
Legal Domicile State	TN	LegalDomicileStateCd
Activity Or Mission	MEMPHIS LIBRARY FOUNDATION TRANSFORMS MEMPHIS THROUGH KNOWLEDGE AND EXPERIENCES BY RAISING AWARENESS AND FUNDS FOR THE MEMPHIS PUBLIC LIBRARIES.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	4	TotalEmployeeCnt
Total Volunteers	17	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$634,661	PYContributionsGrantsAmt
CY Contributions Grants	$4,555,062	CYContributionsGrantsAmt
PY Program Service Revenue	$48,792	PYProgramServiceRevenueAmt
CY Program Service Revenue	$84,828	CYProgramServiceRevenueAmt
PY Investment Income	$642,424	PYInvestmentIncomeAmt
CY Investment Income	$391,350	CYInvestmentIncomeAmt
PY Other Revenue	$11,275	PYOtherRevenueAmt
CY Other Revenue	$11,952	CYOtherRevenueAmt
PY Total Revenue	$1,337,152	PYTotalRevenueAmt
CY Total Revenue	$5,043,192	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$200,193	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$217,555	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$91,375	CYTotalFundraisingExpenseAmt
PY Other Expenses	$758,154	PYOtherExpensesAmt
CY Other Expenses	$637,103	CYOtherExpensesAmt
PY Total Expenses	$958,347	PYTotalExpensesAmt
CY Total Expenses	$854,658	CYTotalExpensesAmt
PY Revenues Less Expenses	$378,805	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$4,188,534	CYRevenuesLessExpensesAmt
Total Assets BOY	$9,471,882	TotalAssetsBOYAmt
Total Assets EOY	$12,009,130	TotalAssetsEOYAmt
Total Liabilities BOY	$104,301	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$38,412	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$9,367,581	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$11,970,718	NetAssetsOrFundBalancesEOYAmt
Mission	MEMPHIS LIBRARY FOUNDATION TRANSFORMS MEMPHIS THROUGH KNOWLEDGE AND EXPERIENCES BY RAISING AWARENESS AND FUNDS FOR THE MEMPHIS PUBLIC LIBRARIES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$23,880	ExpenseAmt
Desc	THE MEMPHIS LIBRARY FOUNDATION PROVIDED ENHANCEMENTS TO THE COLLECTIONS OF THE MEMPHIS PUBLIC LIBRARY.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$532,526	ExpenseAmt
Revenue	$84,828	RevenueAmt
Desc	THE MEMPHIS LIBRARY FOUNDATION PROVIDED FUNDING FOR VARIOUS SPECIAL PROJECTS AND EDUCATIONAL PROGRAMS THAT ARE HELPING THE LIBRARY'S CUSTOMERS CONNECT, LEARN, AND GROW.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$556,406	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	17	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	4	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ADRIANNE HOERTER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9014152844	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3030 POPLAR AVENUE	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38111	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
LAWSON ARNEY
CHAIRMAN	4.00	Yes (X)	Yes (X)	$0	$0	$0
MARGARET MCLEAN
VICE-CHAIR/TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
HEATHER GROSVENOR
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
CHRISTINE MUNSON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
KAREN C MATTHEWS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CYNTHIA BRADFORD
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JACK A BELZ
DIRECTOR	1.00	Yes (X)		$0	$0	$0
GERRE CURRIE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
LESLIE DALE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DORSEY E HOPSON II
DIRECTOR	1.00	Yes (X)		$0	$0	$0
KIM MACQUEEN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
HERMAN MORRIS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JUILETTE PAUL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JENNIFER CAMPBELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CHRISTINE WEINREICH
EXECUTIVE DIRECTOR	40.00	Yes (X)		$116,357	$0	$0
MARIA FUHRMANN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JOHN A LEWIS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JONATHAN LINDSEY
DIRECTOR	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$116,357	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$32,190	GovernmentGrantsAmt
All Other Contributions	$4,522,872	AllOtherContributionsAmt
Total Contributions	$4,555,062	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	SERVICE FEES	Desc
Business	515100	BusinessCd
Total Revenue Column	$84,828	TotalRevenueColumnAmt
Related Or Exempt Func Income	$84,828	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$84,828	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$409,648	TotalRevenueColumnAmt
Exclusion	$409,648	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$400,789	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$419,087	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$18,298	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$18,298	TotalRevenueColumnAmt
Exclusion	-$18,298	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$18,895	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$6,943	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,952	TotalRevenueColumnAmt
Exclusion	$11,952	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,043,192	TotalRevenueColumnAmt
Related Or Exempt Func Income	$84,828	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$403,302	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$110,000	TotalAmt
Program Services	$44,000	ProgramServicesAmt
Management And General	$22,000	ManagementAndGeneralAmt
Fundraising	$44,000	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$74,817	TotalAmt
Program Services	$32,042	ProgramServicesAmt
Management And General	$14,527	ManagementAndGeneralAmt
Fundraising	$28,248	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$18,105	TotalAmt
Program Services	$7,472	ProgramServicesAmt
Management And General	$3,621	ManagementAndGeneralAmt
Fundraising	$7,012	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$14,633	TotalAmt
Program Services	$6,015	ProgramServicesAmt
Management And General	$2,893	ManagementAndGeneralAmt
Fundraising	$5,725	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$52,335	TotalAmt
Management And General	$52,335	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$75,134	TotalAmt
Management And General	$75,134	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$52,652	TotalAmt
Program Services	$44,780	ProgramServicesAmt
Management And General	$7,872	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$10,278	TotalAmt
Management And General	$5,000	ManagementAndGeneralAmt
Fundraising	$5,278	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,201	TotalAmt
Program Services	$40	ProgramServicesAmt
Management And General	$3,090	ManagementAndGeneralAmt
Fundraising	$1,071	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,773	TotalAmt
Program Services	$4,773	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$10,349	TotalAmt
Program Services	$10,340	ProgramServicesAmt
Management And General	$9	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$446	TotalAmt
Management And General	$446	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,820	TotalAmt
Management And General	$2,820	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
LIBRARY SUPPLIES	$78,335	$78,335
LIBRARY FURNITURE AND E	$65,895	$65,895
SOFTWARE	$54,815	$46,775	$8,040
CONTRACT LABOR	$52,362	$52,362

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$172,708	TotalAmt
Program Services	$163,577	ProgramServicesAmt
Management And General	$9,090	ManagementAndGeneralAmt
Fundraising	$41	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$854,658	TotalAmt
Program Services	$556,406	ProgramServicesAmt
Management And General	$206,877	ManagementAndGeneralAmt
Fundraising	$91,375	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$582,258	BOYAmt
EOY	$273,877	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$178,606	BOYAmt
EOY	$1,116,260	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$86,119	BOYAmt
EOY	$3,114,675	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$264	BOYAmt
EOY	$806	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$8,541,980	BOYAmt
EOY	$7,432,586	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$82,655	BOYAmt
EOY	$70,926	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$9,471,882	BOYAmt
EOY	$12,009,130	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$72,111	BOYAmt
EOY	$38,412	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$32,190	BOYAmt
EOY	$0	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$104,301	BOYAmt
EOY	$38,412	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,959,428	BOYAmt
EOY	$2,467,249	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,408,153	BOYAmt
EOY	$9,503,469	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,367,581	BOYAmt
EOY	$11,970,718	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,471,882	BOYAmt
EOY	$12,009,130	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$4,188,534	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$1,585,397	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$481,843	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$358,528	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$438,129	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$645,936	CurrentTaxYearMinus1YearAmt
Current Tax Year	$555,062	CurrentTaxYearAmt
Total	$2,479,498	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$481,843	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$358,528	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$438,129	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$645,936	CurrentTaxYearMinus1YearAmt
Current Tax Year	$555,062	CurrentTaxYearAmt
Total	$2,479,498	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$184,708	SubstantialContributorsTotAmt
Public Support Total170	$2,294,790	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$374,267	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$378,855	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$480,142	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$642,424	CurrentTaxYearMinus1YearAmt
Current Tax Year	$391,350	CurrentTaxYearAmt
Total	$2,267,038	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$4,746,536	TotalSupportAmt
Public Support CY170	0.48350	PublicSupportCY170Pct
Public Support PY170	0.51210	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:	FormAndLineReferenceDesc
Explanation	DESCRIPTION: PLEDGE OF CASH DATE: 02/15/22 AMOUNT: 4000000.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$8,817,742	BeginningYearBalanceAmt
Contributions	$150,000	ContributionsAmt
Investment Earnings Or Losses	-$1,269,359	InvestmentEarningsOrLossesAmt
Other Expenditures	$110,330	OtherExpendituresAmt
End Year Balance	$7,588,053	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$7,200,169	BeginningYearBalanceAmt
Investment Earnings Or Losses	$1,843,927	InvestmentEarningsOrLossesAmt
Other Expenditures	$226,354	OtherExpendituresAmt
End Year Balance	$8,817,742	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$6,822,431	BeginningYearBalanceAmt
Contributions	$1,410	ContributionsAmt
Investment Earnings Or Losses	$410,551	InvestmentEarningsOrLossesAmt
Other Expenditures	$34,223	OtherExpendituresAmt
End Year Balance	$7,200,169	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$6,441,576	BeginningYearBalanceAmt
Contributions	$1,160	ContributionsAmt
Investment Earnings Or Losses	$458,850	InvestmentEarningsOrLossesAmt
Other Expenditures	$79,155	OtherExpendituresAmt
End Year Balance	$6,822,431	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$6,332,115	BeginningYearBalanceAmt
Investment Earnings Or Losses	$323,328	InvestmentEarningsOrLossesAmt
Other Expenditures	$213,867	OtherExpendituresAmt
End Year Balance	$6,441,576	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.35700	BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY	0.64300	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EQUITY MUTUAL FUNDS	$4,977,755	F
FIXED INCOME MUTUAL FUNDS	$2,454,831	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$7,432,586	TotalBookValueSecuritiesAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,435,037	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$1,585,397	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$45,433	DonatedServicesAndUseFcltsAmt
Other Revenue	$6,943	OtherRevenueAmt
Revenue Not Reported	-$1,533,021	RevenueNotReportedAmt
Revenue Subtotal	$4,968,058	RevenueSubtotalAmt
Investment Expenses Not Incld	$75,134	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$75,134	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$5,043,192	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$831,900	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$45,433	DonatedServicesUseFcltsAmt
Other Expenses Included	$6,943	OtherExpensesIncludedAmt
Expenses Not Reported	$52,376	ExpensesNotReportedAmt
Expenses Subtotal	$779,524	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$75,134	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$75,134	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$854,658	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	BASED ON THE EVALUATION OF THE FOUNDATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD MORE LIKELY THAN NOT BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED JUNE 30, 2022 AND 2021.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	SPECIAL EVENTS DIRECT EXPENSES 6,943.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	SPECIAL EVENTS DIRECT EXPENSES 6,943.
PART V. LINE 4:	ENDOWMENT FUNDS WILL BE SPENT TOWARDS MEMPHIS PUBLIC LIBRARY COLLECTIONS AND ENHANCEMENTS AND PROGRAMS ACCORDING TO DONOR RESTRICTIONS AND ENDOWMENT POLICY LIMITS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	RICHARD GRANT EVENT	Event1Nm
Gross Receipts Event1	$13,902	GrossReceiptsEvent1Amt
Gross Revenue Event1	$13,902	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$5,351	OtherDirectExpensesEvent1Amt
Event2	LIBRATION	Event2Nm
Gross Receipts Event2	$4,993	GrossReceiptsEvent2Amt
Gross Revenue Event2	$4,993	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$1,592	OtherDirectExpensesEvent2Amt
Gross Receipts Total	$18,895	GrossReceiptsTotalAmt
Gross Revenue Total Events	$18,895	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$6,943	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$6,943	DirectExpenseSummaryEventsAmt
Net Income Summary	$11,952	NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS FIRST REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN BY THE FINANCE COMMITTEE. AFTER THAT IT GOES TO THE EXECUTIVE COMMITTEE AND FULL BOARD OF DIRECTORS FOR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	IF CONTRACTS OR OTHER BUSINESS ARE CONDUCTED, THE EXECUTIVE COMMITTEE REVIEWS WHETHER THERE COULD POTENTIALLY BE ANY CONFLICT OF INTEREST INVOLVING BOARD MEMBERS.
FORM 990, PART VI, SECTION C, LINE 19	DOCUMENTS ARE AVAILABLE UPON REQUEST THROUGH THE ORGANIZATION'S WEBSITE, AND THROUGH GUIDESTAR ONLINE.
FORM 990, PART IX, LINE 24E	TECHNOLOGY: PROGRAM SERVICE EXPENSES 47,731. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,731. INCENTIVES: PROGRAM SERVICE EXPENSES 28,494. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,494. CLASSES AND PRESENTIONS: PROGRAM SERVICE EXPENSES 26,926. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,926. COLLECTIONS: PROGRAM SERVICE EXPENSES 23,880. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,880. PERFORMERS: PROGRAM SERVICE EXPENSES 16,359. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,359. MEALS, CATERING AND SNACKS: PROGRAM SERVICE EXPENSES 12,020. MANAGEMENT AND GENERAL EXPENSES 2,532. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,552. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 5,393. MANAGEMENT AND GENERAL EXPENSES 45. FUNDRAISING EXPENSES 31. TOTAL EXPENSES 5,469. LICENSES, DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 2,482. MANAGEMENT AND GENERAL EXPENSES 2,864. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,346. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 243. MANAGEMENT AND GENERAL EXPENSES 1,921. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,164. STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,445. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,445. BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 283. TRAINING: PROGRAM SERVICE EXPENSES 49. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49. LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10. TOTAL EXPENSES 10.
FORM 990, PART XII, LINE 2C:	THERE HAS BEEN NO CHANGE SINCE THE PRIOR YEAR.