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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Memphis Chamber Foundation

Memphis Chamber Foundation

Fiscal year ending 2024. Filed on November 17, 2025.

100 Peabody Place 1000
Memphis, Tennessee 38103

Memphis Chamber Foundation (EIN: 23-7057855) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Memphis Chamber Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $531,984. The highest compensated employee at Memphis Chamber Foundation is Ted Townsend with fiscal year 2024 compensation of $721,613.

Revenue, expenses, and employee compensation

Revenue

$478,745

Expenses

$755,261

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ted Townsend
President
$721,613
$0 $671,801 $49,812
Ted Ferris
Treasurer
$342,354
$0 $295,127 $47,227

Benchmark Employee Compensation

Non-Employee Board Members

Anthony Norris
Director
Dotty Giusti
Director
Duncan Williams
Director
Gregory Duckett
Secretary
Ruby Hancock
Director
Willie Gregory
Chair

Mission Statement

THE ADVANCEMENT OF EDUCATION OR SCIENCE LESSENING THE BURDENS OF GOVERNMENT; LESSENING OF NEIGHBORHOOD TENSIONS; ELIMINATION OF PREJUDICE AND DISCRIMINATION, AND COMBATING COMMUNITY DETERIORATION. ALSO, PROMOTION OF THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, FINANCE, EDUCATION AND TRAINING, SCIENCE AND TECHNOLOGY AS THEY RELATE TO THE COMMUNITY, THE REGION, AND THEIR PROBLEMS AND OPPORTUNITIES, THROUGH 1) THE UNDERTAKING OF STUDIES AND RESEARCH, COMPILATION OF RESULTS, AND PUBLICATION THEROF THROUGH ANY APPROPRIATE MEDIA; 2) THE CONDUCT OF TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS, OR LECTURES, AND THE LIKE; 3) ANY ACTIVITY WHICH TENDS TO PROMOTE UNDERSTANDING, UNIFICATION, OR IMPROVED RELATIONSHIP BETWEEN DIFFERENT ECONOMIC OR ETHNIC GROUPS.

Revisions to this organization profile

November 17, 2025:
2024 Memphis Chamber Foundation 990 filed
November 11, 2024:
2023 Memphis Chamber Foundation 990 filed
November 15, 2023:
2022 Memphis Chamber Foundation 990 filed

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