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Nonprofit · EIN 62-1557849

TURLEY FOUNDATION INC

Tax-exempt · MEMPHIS, TN 38104

Financials

$456K$582K2023$538K$2.3M2024
Revenue Expenses · by fiscal year end
Financials of TURLEY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$538,439$2,254,117-$1,715,678$57,865,864$0$57,865,864
April 30, 2024990$456,251$582,396-$126,145$55,217,988$0$55,217,988
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$730,548
Program service revenue
$0
Investment income
-$192,109
Net gain from sales of assets
-$785,452
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,114,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,141
Program services (functional)
$2,222,142
Management and general (functional)
$31,975

Balance sheet and other

Total assets, start of year
$55,217,988
Total assets, end of year
$57,865,864
Total liabilities, end of year
$0
Net assets, end of year
$57,865,864
Publicly traded securities
$58,261,696
Net assets without donor restrictions
$57,865,864
Gross receipts
$1,323,891
Employees
0
Volunteers
5
Year formed
1999
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended April 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT M FOCKLERPRESIDENT
Trustee or director, Officer
1$0$404,717$50,479
BARBARA S MORASECRETARY
Trustee or director, Officer
1$0$221,650$30,543
GARY ZWIERZYNSKITREASURER
Trustee or director, Officer
1$0$146,405$27,261
HENRY TURLEY JRDIRECTOR
Trustee or director
1$0$0$0
ALEX TURLEYCHAIR
Trustee or director, Officer
1$0$0$0
990 for the year ended April 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT M FOCKLERPRESIDENT
Trustee or director, Officer
1$0$371,271$60,199
GEORGE LUMMTREASURER UNTIL 4.30.24
Trustee or director, Officer
1$0$200,483$41,240
BARBARA S MORASECRETARY
Trustee or director, Officer
1$0$206,477$29,136
HENRY TURLEY JRDIRECTOR
Trustee or director
1$0$0$0
ALEX TURLEYCHAIR
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
1900 UNION AVE, MEMPHIS, TN 38104-4029
Principal officer (990 for 2024)
ROBERT M FOCKLER, 1900 UNION AVENUE, MEMPHIS, TN 38104
Signed the 990
ROBERT M FOCKLER, PRESIDENT
Phone
(901) 728-4600
Return prepared by
ELLIOTT DAVIS ADVISORY LLC

Mission

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ASSIST THE COMMUNITY FOUNDATION OF GREATER MEMPHIS, INC. IN CARRYING OUT ITS CHARITABLE MISSION.

990 for the year ended April 30, 2025

Program accomplishments

  • THE FOUNDATION'S ONLY PROGRAM IS TO ACCEPT PROPERTY FOR USE EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES PRIMARILY IN AND FOR THE BENEFIT OF MEMPHIS AND SHELBY COUNTY.
    Expenses $2,222,142 · grants $2,114,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
62-1557849
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1994
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$57,865,864
Income (IRS master file)
$1,323,891

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025$538,439$2,254,117$57,865,864XML
990April 2024$456,251$582,396$55,217,988XML
990April 2023$1,928,818$624,360$44,645,546IRS
990April 2022$2,053,532$886,886$43,736,335IRS
990April 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1557849).

Questions about TURLEY FOUNDATION INC

What is the EIN of TURLEY FOUNDATION INC?
The employer identification number (EIN) of TURLEY FOUNDATION INC is 62-1557849.
Is TURLEY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to TURLEY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does TURLEY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TURLEY FOUNDATION INC due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TURLEY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2025.
Who is the principal officer of TURLEY FOUNDATION INC?
The 990 for the year ended April 30, 2025 names ROBERT M FOCKLER.
Who are the officers and directors of TURLEY FOUNDATION INC?
The 990 for the year ended April 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does TURLEY FOUNDATION INC have?
On its 990 for the year ended April 30, 2025 it reported revenue of $538,439, expenses of $2,254,117 and total assets of $57,865,864 at year end.

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