Form 990 for tax year 2024
Filed by SECOND PRESBYTERIAN CHURCH FOUNDATION INC.
Totals
- Total revenue
- $1,923,077
- Total expenses
- $2,554,747
- Contributions and grants received
- $1,310,060
- Grants paid
- $2,205,393
- Program service revenue
- $0
- Investment income
- $613,017
- Other revenue
- $0
- Total assets, end of year
- $45,904,233
- Total liabilities, end of year
- $97,443
- Net assets or fund balances, end of year
- $45,806,790
- Program services expenses (Part IX)
- $2,205,393
- Management and general expenses
- $349,354
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,205,393
Program services were 86.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,310,060
-
1g · Noncash contributions included above
$503,366
-
3 · Investment income
total $613,017 · excluded $613,017
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,205,393 · program services $2,205,393
-
11a · Fees: management
total $322,677 · management and general $322,677
-
11c · Fees: accounting
total $13,450 · management and general $13,450
-
13 · Office expenses
total $13,227 · management and general $13,227
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $5,960,325 · end of year $2,955,755
-
10a · Land, buildings and equipment: cost or other basis
$16,374
-
10b · Land, buildings and equipment: accumulated depreciation
$16,374
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $36,485,321 · end of year $42,941,798
-
15 · Other assets
beginning of year $810 · end of year $6,680
-
25 · Other liabilities
beginning of year $110,614 · end of year $97,443
-
27 · Net assets without donor restrictions
beginning of year $26,496,174 · end of year $29,144,233
-
28 · Net assets with donor restrictions
beginning of year $15,839,668 · end of year $16,662,557
Mission and programs · 2024
Mission
THE ORGANIZATION PROVIDES TRAINING OF FUTURE CHRISTIAN LEADERS, SUPPORT TO CHURCHES, AND SUPPORT TO MISSIONARIES.
Activities or mission (Part I)
THE ORGANIZATION'S MISSION IS TO PROMOTE THE KINGDOM OF GOD THROUGH THE APPROVED MINISTRIES OF SECOND PRESBYTERIAN CHURCH BY DEVELOPING, INVESTING AND DISBURSING FINANCIAL RESOURCES FOR STRATEGIC MINISTRIES IN MEMPHIS, AMERICA AND AROUND THE WORLD.
-
CHRISTIAN EDUCATION FOUNDATION- THE ORGANIZATION PROVIDES TRAINING OF FUTURE CHRISTIAN LEADERS FOR SERVICE AS PASTORS, YOUTH DIRECTORS, AND OTHER FULL-TIME CHRISTIAN SERVICE.
Expenses $877,296 · Grants $877,296
-
DOMESTIC MISSION FOUNDATION- THE ORGANIZATION PROVIDES SUPPORT TO EVANGELICAL CHURCHES IN THE UNITED STATES.
Expenses $728,066 · Grants $728,066
-
WORLD MISSION FOUNDATION- THE ORGANIZATION PROVIDES SUPPORT FOR MISSIONARY ACTIVITY AROUND THE WORLD.
Expenses $542,031 · Grants $542,031
-
Expenses $58,000 · Grants $58,000
As filed on the 2024 return.
Listed in Part VII
-
Richard C Moore JrRICHARD C MOORE JR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
David F LeakeDAVID F LEAKE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
John D Ivy JrJOHN D IVY JR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey L BillionsJEFFREY L BILLIONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary A EdwardsMARY A EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Antoinette L GoodANTOINETTE L GOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carter F CampbellCARTER F CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brandon G MorrisonBRANDON G MORRISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah B PerkinsDEBORAH B PERKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frederick C Schaeffer JrFREDERICK C SCHAEFFER JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William C OvercastWILLIAM C OVERCAST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
George W RobertsonGEORGE W ROBERTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ben J ScottBEN J SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lawrence K JensenLAWRENCE K JENSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joel M KayeJOEL M KAYE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan F WarnerSUSAN F WARNER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Hunter W WitheringtonHUNTER W WITHERINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$832,469
GENERAL SUPPORT
-
CHRISTIAN PSYCHOLOGICAL CENTER
$280,000
GENERAL SUPPORT
-
ESPERANZA
$250,000
GENERAL SUPPORT
-
$162,165
GENERAL SUPPORT
-
$89,075
GENERAL SUPPORT
-
GOSPEL COALITION
$70,000
GENERAL SUPPORT
-
GRACE INSTITUTE
$50,000
GENERAL SUPPORT
-
PROFESSIONAL INTERNATIONAL
$50,000
GENERAL SUPPORT
-
TYNDALE HOUSE
$40,000
GENERAL SUPPORT
-
MEMPHIS FELLOWS
$37,000
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · CHURCH · TN
-
SECOND PRESBYTERIAN CHURCH REALTY FOUNDATION
501(C)(3) · FOUNDATION · TN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 22 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601129349301960
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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