Do donations through CCF make a difference in Memphis?
Local nonprofit organizations are a driving force in improving the quality of life within our community. It is our duty as citizens to support these organizations, as they are bettering the very place we call home.
Nonprofit organizations assist other businesses in the community to drive economic development, provide greater access to the arts, amplify cultural awareness, ensure citizens receive a quality education, confront our city’s greatest health care challenges, and foster spiritual growth and revival for people in need — they virtually lend a hand to every sector of the community.
Nonprofits act as the arms and legs to our community’s boldest dreams – they turn the belief that our city can be a better place for everyone into action. Supporting local organizations provides us the opportunity to see our communities turn into the place we’ve always envisioned it to be. Last year, our donors gave more than $40 million in grants to local nonprofits through their donor-advised funds. These donations undoubtedly allowed nonprofits to expand their operations and make a bigger impact on their clients and community.
Even if our donors choose to give to worthy nonprofits around the globe (that also need our support), they’re still inadvertently supporting local nonprofits through our Hope for Memphis Fund! The Hope for Memphis Fund is a grant program sponsored by CCF that pours money directly into Christian nonprofits in the Greater Memphis Area.
To support our organization’s operations, CCF charges a small administration fee on each donor-advised fund we manage. These fees cover our operational costs, which we responsibly manage. At the end of each fiscal year, we determine what our surplus funds are, and all of those funds are made available to nonprofits through the Hope For Memphis Fund grant process. The surplus funds have grown year over year, exponentially expanding the impact we can make through Hope for Memphis Fund grants.
The Hope for Memphis Fund is dear to CCF, as it’s a simple way to live our mission. These grants serve as the arms and legs of our efforts to transform our city.
Help us continue to keep the hope alive on this journey to advance our community! Together, we can support development in the city of Memphis and its surrounding areas. Mother Teresa once said, “I alone cannot change the world, but I can cast a stone across the waters to create many ripples.” So, let’s do our part to turn the ripples into waves by supporting local nonprofits with CCF!