The Clarence Day Foundation made a single, large grant to the Community Foundation of Greater Memphis to address impaired assets and preserve the foundation’s charitable capacity. Rather than funding programmatic work directly, its activity appears focused on restoring or transferring its financial resources into a local philanthropic intermediary. This suggests a stewardship-oriented, administrative use of charitable dollars tied to the Memphis community.
Highly concentrated, one-time large grant to a single intermediary organization; appears transactional or endowment/fiduciary in nature rather than ongoing program support.
The Clarence Day Foundation’s recent activity centers on a single $1,727,600 grant to the Community Foundation of Greater Memphis to keep the foundation whole for the previous value of impaired assets. That makes its public grant record look less like programmatic philanthropy and more like financial remediation tied to preserving charitable resources. The grant also places the foundation’s latest disclosed dollars inside a local Memphis philanthropic intermediary rather than in direct operating support to a nonprofit service provider. The foundation’s profile is unusually concentrated: one grant, one recipient, and a clear stewardship purpose. The recipient, the Community Foundation of Greater Memphis, is also the vehicle through which the foundation’s charitable capacity appears to be protected or restored. In the context of the broader site data, The Clarence Day Foundation aligns with asset recovery, endowment protection, and restricted support for repairing impaired charitable value. Its leadership is listed as Robert M Fockler, and the latest 990 year on file is 2025.
The Clarence Day Foundation’s named focus areas point to financial remediation rather than program grants. One documented grant went to the Community Foundation of Greater Memphis for keeping the foundation whole for the previous value of impaired assets, which places asset recovery at the center of its giving. The foundation is also linked to charitable asset stewardship through local philanthropic infrastructure in Memphis. Its existing summary indicates support tied to placing philanthropic assets with a community foundation, suggesting a preference for restoring or transferring value within an intermediary structure. Its topic taxonomy reinforces that pattern: restoration of impaired charitable assets, restoring prior asset valuation, financial stabilization of a grantmaker, and liability coverage or indemnification. These are administrative and balance-sheet concerns, not direct service-delivery grants.
The Clarence Day Foundation’s typical grant size is a single figure across the dataset: the 25th percentile, median, and 75th percentile are all $1,727,600. That indicates one observed grant at that amount rather than a spread of smaller awards. The foundation is classified as a regular funder, and the available record shows a one-off transaction rather than repeated awards to multiple recipients. Its public-facing grant activity is structured around asset restoration and charitable-capacity preservation, not an open program with varied award tiers.
$1.7M
$52K
$100K
$1.8M
Most grants fall between $1.7M and $1.7M, with a median of $1.7M.
25th Percentile
$1.7M
Median
$1.7M
75th Percentile
$1.7M
ROBERT M FOCKLER
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Notable grantees: Community Foundation of Greater Memphis
Grant activity is fully local in the available record: 100% of grants go to recipients in Tennessee, and the top state by grant count is TN. The only named recipient is in Memphis, which matches the foundation’s headquarters city and the center of its giving pattern. Broader program descriptions also reference Memphis, Greater Memphis, West Tennessee, the Mid-South, northern Mississippi, eastern Arkansas, and Shelby County, but the documented grant record itself is concentrated in Memphis, Tennessee.
Its documented recent grant was $1,727,600 to the Community Foundation of Greater Memphis, with the purpose of keeping the foundation whole for the previous value of impaired assets. The record points to asset restoration and charitable-capacity preservation rather than direct program funding.
The available grant data shows one grant at $1,727,600, so the 25th percentile, median, and 75th percentile are all the same amount. The record is concentrated in a single local recipient in Tennessee.
All recorded grants go to recipients in Tennessee, and the named recipient is in Memphis. The broader grant-program descriptions also reference Memphis, Greater Memphis, Shelby County, West Tennessee, northern Mississippi, eastern Arkansas, and the Mid-South.
The foundation is tied to restoration or remediation of impaired charitable assets, placing philanthropic assets with a local community foundation, support for community endowment or fiscal stewardship, and financial stabilization or indemnification. Those themes are reinforced by the purpose of the recorded grant.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Current and upcoming funding from Clarence Day Foundation that your nonprofit may be able to apply for.
Who can apply: The provided content does not state detailed eligibility criteria.
Deadline: Applications open in January, with awards announced in May.
Who can apply: Applicants must have an in-progress LIVEGIVEmidsouth profile, have operated as a 501(c)(3) for at least two consecutive years, operate in west Tennessee, northern Mississippi, and/or eastern Arkansas, be permitted by the Tennessee Secretary of State to solicit funds, have the last two years of 990s, at least one paid staff member, stable board leadership, sound financial management, and significant community impact. Individuals, for-profit entities, private foundations, religious organizations, and organizations that received this grant in the previous fiscal year are ineligible.
Deadline: The published timeline lists an August information session, September 3 application opening, September 19 LIVEGIVEmidsouth profile deadline, September 26 application deadline, and December 15 funding decisions. The listed grant term was January 1–December 31, 2025.
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Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| COMMUNITY FOUNDATION OF GREATER MEMPHIS | MEMPHIS, TN | $1,727,600In-kind: asset impairment | 2025 | KEEPING THE FOUNDATION WHOLE FOR THE PREVIOUS VALUE OF THE IMPAIRED ASSETS |
COMMUNITY FOUNDATION OF GREATER MEMPHIS
$1,727,600In-kind: asset impairmentKEEPING THE FOUNDATION WHOLE FOR THE PREVIOUS VALUE OF THE IMPAIRED ASSETS
