Poplar Foundation
- Assets
- $149.8m
- Revenue
- $18.4m
- Investments
- $148.8m
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 03/1995
- Data as of
- 12/2021
- EIN
- 62-1586727
Organization Overview
Poplar Foundation is located in Memphis, TN. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poplar Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Poplar Foundation generated $18.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $27.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Marino Executive Director | 40 | $254,625 | |
Dallas Geer CFO | 40 | $177,360 | |
Elliot Perry Programs | 40 | $160,725 | |
Glenda Yarbrough Programs | 40 | $146,945 | |
Ben Kaufman Measurement | 40 | $140,958 | |
G Staley Cates Director/president | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edspace Consulting Group Llc | 12/30/21 | $100,000 |
John Bryson | 12/30/21 | $99,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,921,030 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,174 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,497,090 |
| Capital Gain Net Income | $6,487,223 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,419,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $880,613 |
| Pension plans, employee benefits | $214,497 |
| Interest | $37,637 |
| Taxes | $82,192 |
| Depreciation | $48,873 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,584 |
| Printing and publications | $224 |
| Other expenses | $138,097 |
| Total operating and administrative expenses | $1,769,391 |
| Contributions, gifts, grants paid | $25,401,174 |
| Total expenses and disbursements | $27,170,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,631 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $244,332 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $148,847,589 |
| Net Land, buildings, and equipment | $329,672 |
| Other assets | $0 |
| Total assets | $149,801,224 |
| Accounts payable and accrued expenses | $793 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,261,711 |
| Other liabilities | $0 |
| Total liabilities | $1,262,504 |
Grants Awarded
Over the last fiscal year, Poplar Foundation has awarded $26,053,649 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE CHRISTIAN COMMUNITY FOUNDATION PURPOSE: COMMUNITY FOUNDATION | $24,202,172 |
Memphis, TN PURPOSE: URBAN EDUCATION | $792,852 |
Memphis, TN PURPOSE: COMMUNITY FOUNDATION | $728,625 |
Memphis, TN PURPOSE: COMMUNITY DEVELOPMENT - HOUSING, JOBS, HEALTH, AND EDUCATION | $330,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Poplar Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Cedar Street Charitable Foundation Inc Milwaukee, WI PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |