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    3. Day Foundation

    Day Foundation

    ActiveMutual & Membership Benefit
    MEMPHIS, TN9016822431
    EIN (Tax ID): 64-6025122Latest Form 990:

    About Day Foundation

    The Day Foundation concentrates its giving on education and youth-focused human services in the Memphis area, providing large, strategic investments to a small set of organizations. Grants commonly fund operating support, scholarships, and scale/growth initiatives (e.g., Youth Villages’ national expansion), and the foundation shows a preference for faith-based and independent school partners as well as youth development providers. Its giving appears mission-driven and locally concentrated, favoring multi-year or repeat support to deepen impact rather than many small one-off gifts.

    Focus Areas

    Scaling evidence-based child welfare and youth services (e.g., national growth funding for Youth Villages)Private and faith-based K–12 schools in Memphis (e.g., St. Paul Catholic School, New Day Schools)Higher education scholarships and student support at local colleges (e.g., Rhodes College scholarships)Local youth economic and workforce readiness programs (e.g., Junior Achievement of Memphis, Memphis Allies)

    Who They Fund

    individual scholarship recipients (students/scholars)national-level nonprofit organizations or programs

    About Day Foundation

    The Day Foundation’s largest recent grant is a recurring $3,000,000 commitment to Youth Villages for its national growth plan, a strong signal that the foundation sometimes backs expansion as well as local service delivery. Alongside that scale investment, it has made seven-figure and high six-figure gifts to Memphis institutions such as Rhodes College, Memphis Allies, and St Paul Catholic School. The pattern is not broad national dispersal; it is concentrated, place-based support with repeated funding to a relatively small circle of organizations. Recent grants show the foundation supporting youth services, education, and faith-linked schools through operating support, scholarships, and growth capital. The Day Foundation also uses multi-year support in several cases, including repeat grants to Youth Villages and Rhodes College, and continuing support for organizations such as Christian Brothers High School, Porter-leath Children’s Center, Visible Music College, and Binghampton Christian Academy. That mix suggests a funder that uses large grants to stabilize organizations, underwrite student aid, and help selected nonprofits scale or sustain core work.

    What Day Foundation Funds

    Education is a central theme. The foundation awarded $2,000,000 to St Paul Catholic School for operating support and $1,220,000 to Rhodes College for scholarships, showing support for both K–12 institutions and higher education access. It also gave $173,667 to St Agnes Academy - St Dominic School for operating support, extending that education pattern across multiple school settings. Youth development and workforce readiness are another clear thread. Junior Achievement of Memphis received $800,000 for operating support, while Memphis Allies received $1,000,000 for operating support. In child welfare and family services, Porter-leath Children’s Center received $500,000 for operating support, and The Dorothy Day House received $110,000 for operating support. The foundation also backed New Day Schools Inc with $510,000 for operating support, reinforcing its focus on youth-serving institutions.

    How Day Foundation Gives

    Typical grant size centers on mid-to-large awards: the 25th percentile is $23,750, the median is $87,500, and the 75th percentile is $212,500. The grant list shows a small number of very large awards above that range, including multi-million-dollar commitments and repeated operating-support gifts. The Day Foundation’s giving is recurrent rather than one-off. Several recipients appear in multiple years, including Youth Villages, Rhodes College, Christian Brothers High School, Porter-leath Children’s Center, Visible Music College, Binghampton Christian Academy, Mayo School of Health Sciences, and Memphis Allies. The foundation funds individuals through scholarships, but it does not make program-related investments. Its grantmaking is local and tightly managed rather than broadly distributed.

    Financial Snapshot

    Annual Giving

    $11.5M

    Total Assets

    $159.5M

    Total Revenue

    $15.7M

    Total Expenses

    $13M

    Typical Grant Size

    Most grants fall between $24K and $213K, with a median of $88K.

    25th Percentile

    $24K

    Median

    $88K

    75th Percentile

    $213K

    Geographic Reach

    Local2 states funded

    About 96% of grants go to recipients in TN.

    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceSystem Status
    2025
    Total assets: $159.5M
    2 filings on record
    Find their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders

    Giving Approach

    Concentrated, high-dollar grants to a small number of repeat and strategic grantees; emphasis on operating support and growth/capital investments rather than a broad distribution of small grants.

    Funding Style

    operating support (unrestricted/core funding)scholarship funding (individual awards)national growth/scale-focused funding

    Notable grantees: Youth Villages, Rhodes College, St. Paul Catholic School, Memphis Allies, Junior Achievement of Memphis

    Topics

    organizational capacity and sustainabilityprogrammatic scaling/national expansionscholarship provision and financial aidoperational continuity and core expenses

    Where Day Foundation Makes Grants

    Grantmaking is overwhelmingly concentrated in Tennessee, with 96% of grants going to recipients in the HQ state. Memphis is the dominant city in the recipient list, including Rhodes College, Memphis Allies, Junior Achievement of Memphis, and Porter-leath Children’s Center. Outside Tennessee, only a small number of grants appear in the recent list, including Mayo School of Health Sciences in Rochester, Minnesota. The country distribution is entirely U.S.-based, with 59 grants to U.S. recipients.

    Frequently Asked Questions About Day Foundation

    What kinds of organizations does The Day Foundation fund most often?

    The recent grants point to education, youth development, and child/family services. Examples include operating support for schools such as St Paul Catholic School, scholarships for Rhodes College, and operating support for youth-serving groups like Memphis Allies and Junior Achievement of Memphis.

    Does The Day Foundation make repeat grants?

    Yes. Multiple recipients appear across more than one year, including Youth Villages, Rhodes College, Christian Brothers High School, Porter-leath Children’s Center, Visible Music College, Binghampton Christian Academy, Mayo School of Health Sciences, and Memphis Allies.

    What is the typical grant size?

    The grant size distribution centers on larger awards: the 25th percentile is $23,750, the median is $87,500, and the 75th percentile is $212,500. The recent list also includes several grants in the hundreds of thousands and multi-million-dollar commitments.

    How geographically concentrated is the giving?

    Very concentrated. 96% of grants go to recipients in Tennessee, and the recipient list is dominated by Memphis organizations. The recent grants are entirely U.S.-based.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    YOUTH VILLAGESMEMPHIS, TN$3,000,0002025NATIONAL GROWTH PLAN
    ST PAUL CATHOLIC SCHOOLMEMPHIS, TN$2,000,0002025OPERATING SUPPORT
    RHODES COLLEGEMEMPHIS, TN$1,220,0002025SCHOLARSHIPS
    MEMPHIS ALLIESMEMPHIS, TN$1,000,0002025OPERATING SUPPORT
    JUNIOR ACHIEVEMENT OF MEMPHISMEMPHIS, TN$800,0002025OPERATING SUPPORT
    ALLIANCE HEALTHCARE SERVICESMEMPHIS, TN$500,0002025OPERATING SUPPORT
    PORTER-LEATH CHILDREN'S CENTERMEMPHIS, TN$500,0002025OPERATING SUPPORT
    CHRISTIAN BROTHERS HIGH SCHOOLMEMPHIS, TN$335,0002025OPERATING SUPPORT
    THE CATHOLIC DIOCESE OF MEMPHISMEMPHIS, TN$287,5002025OPERATING SUPPORT
    MAYO SCHOOL OF HEALTH SCIENCESROCHESTER, MN$250,0002025OPERATING SUPPORT
    CALVARY EPISCOPAL CHURCHMEMPHIS, TN$250,0002025OPERATING SUPPORT
    VISIBLE MUSIC COLLEGEMEMPHIS, TN$200,0002025OPERATING SUPPORT
    ST AGNES ACADEMY - ST DOMINIC SCHOOLMEMPHIS, TN$173,6672025OPERATING SUPPORT
    BINGHAMPTON CHRISTIAN ACADEMYMEMPHIS, TN$125,0002025OPERATING SUPPORT
    ROOM IN THE INNMEMPHIS, TN$100,0002025OPERATING SUPPORT
    CATHEDRAL OF THE IMMACULATE CONCEPTIONMEMPHIS, TN$100,0002025OPERATING SUPPORT
    COMMUNITY FOUNDATION OF GREATER MEMPHISMEMPHIS, TN$100,0002025OPERATING SUPPORT
    MEMPHIS BOTANIC GARDENMEMPHIS, TN$100,0002025OPERATING SUPPORT
    NATIONAL ORNAMENTAL METAL MUSEUM INCMEMPHIS, TN$100,0002025OPERATING SUPPORT
    REACH MEMPHISMEMPHIS, TN$75,0002025OPERATING SUPPORT
    HARWOOD CENTER INCMEMPHIS, TN$70,0002025OPERATING SUPPORT
    IMMACULATE CONCEPTION CHURCHMEMPHIS, TN$41,8272025SCHOLARSHIPS
    ANGELSTREET MEMPHISCORDOVA, TN$25,0002025OPERATING SUPPORT
    NEW DAY SCHOOLS INCMEMPHIS, TN$25,0002025OPERATING SUPPORT
    MADONNA LEARNING CENTERGERMANTOWN, TN$25,0002025OPERATING SUPPORT
    RACHEL'S KIDS INCMEMPHIS, TN$15,0002025OPERATING SUPPORT
    A STEP AHEAD FOUNDATIONMEMPHIS, TN$15,0002025OPERATING SUPPORT
    THE DOROTHY DAY HOUSEMEMPHIS, TN$10,0002025OPERATING SUPPORT
    ST PATRICK COMMUNITY OUTREACH INCMEMPHIS, TN$10,0002025OPERATING SUPPORT
    KARAT PLACE INCMEMPHIS, TN$5,0002025OPERATING SUPPORT
    MEMPHIS BROOKS MUSEUM OF ART INCMEMPHIS, TN$4,0002025OPERATING SUPPORT
    YOUTH VILLAGESMEMPHIS, TN$3,000,0002023NATIONAL GROWTH PLAN
    RHODES COLLEGEMEMPHIS, TN$1,317,5002023SCHOLARSHIPS
    NEW DAY SCHOOLS INCMEMPHIS, TN$510,0002023OPERATING SUPPORT
    CHRISTIAN BROTHERS HIGH SCHOOLMEMPHIS, TN$320,0002023OPERATING SUPPORT
    MAYO SCHOOL OF HEALTH SCIENCESROCHESTER, MN$250,0002023OPERATING SUPPORT
    PORTER-LEATH CHILDREN'S CENTERMEMPHIS, TN$250,0002023OPERATING SUPPORT
    SRVSMEMPHIS, TN$250,0002023OPERATING SUPPORT
    VISIBLE MUSIC COLLEGEMEMPHIS, TN$200,0002023OPERATING SUPPORT
    BINGHAMPTON CHRISTIAN ACADEMYMEMPHIS, TN$120,0002023OPERATING SUPPORT
    IMMACULATE CONCEPTION CATHEDRAL SCHOOLMEMPHIS, TN$110,1732023SCHOLARSHIPS
    THE DOROTHY DAY HOUSEMEMPHIS, TN$110,0002023OPERATING SUPPORT
    NEW BALLET ENSEMBLE AND SCHOOLMEMPHIS, TN$100,0002023OPERATING SUPPORT
    MOST (MEMPHIS OPPORTUNITY SCHOLARSHIP TRUST)MEMPHIS, TN$100,0002023OPERATING SUPPORT
    METAL MUSEUMMEMPHIS, TN$100,0002023OPERATING SUPPORT
    REACH MEMPHISMEMPHIS, TN$75,0002023OPERATING SUPPORT
    THE CATHOLIC DIOCESE OF MEMPHISMEMPHIS, TN$75,0002023OPERATING SUPPORT
    ANGELSTREETCORDOVA, TN$30,0002023OPERATING SUPPORT
    CATHEDRAL OF THE IMMACULATE CONCEPTIONMEMPHIS, TN$25,0002023OPERATING SUPPORT
    KARAT PLACE INCMEMPHIS, TN$25,0002023OPERATING SUPPORT

    YOUTH VILLAGES

    $3,000,000
    MEMPHIS, TN2025

    NATIONAL GROWTH PLAN

    ST PAUL CATHOLIC SCHOOL

    $2,000,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    RHODES COLLEGE

    $1,220,000
    MEMPHIS, TN2025

    SCHOLARSHIPS

    MEMPHIS ALLIES

    $1,000,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    JUNIOR ACHIEVEMENT OF MEMPHIS

    $800,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    ALLIANCE HEALTHCARE SERVICES

    $500,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    PORTER-LEATH CHILDREN'S CENTER

    $500,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    CHRISTIAN BROTHERS HIGH SCHOOL

    $335,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    THE CATHOLIC DIOCESE OF MEMPHIS

    $287,500
    MEMPHIS, TN2025

    OPERATING SUPPORT

    MAYO SCHOOL OF HEALTH SCIENCES

    $250,000
    ROCHESTER, MN2025

    OPERATING SUPPORT

    CALVARY EPISCOPAL CHURCH

    $250,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    VISIBLE MUSIC COLLEGE

    $200,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    ST AGNES ACADEMY - ST DOMINIC SCHOOL

    $173,667
    MEMPHIS, TN2025

    OPERATING SUPPORT

    BINGHAMPTON CHRISTIAN ACADEMY

    $125,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    ROOM IN THE INN

    $100,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    CATHEDRAL OF THE IMMACULATE CONCEPTION

    $100,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    COMMUNITY FOUNDATION OF GREATER MEMPHIS

    $100,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    MEMPHIS BOTANIC GARDEN

    $100,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    NATIONAL ORNAMENTAL METAL MUSEUM INC

    $100,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    REACH MEMPHIS

    $75,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    HARWOOD CENTER INC

    $70,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    IMMACULATE CONCEPTION CHURCH

    $41,827
    MEMPHIS, TN2025

    SCHOLARSHIPS

    ANGELSTREET MEMPHIS

    $25,000
    CORDOVA, TN2025

    OPERATING SUPPORT

    NEW DAY SCHOOLS INC

    $25,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    MADONNA LEARNING CENTER

    $25,000
    GERMANTOWN, TN2025

    OPERATING SUPPORT

    RACHEL'S KIDS INC

    $15,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    A STEP AHEAD FOUNDATION

    $15,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    THE DOROTHY DAY HOUSE

    $10,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    ST PATRICK COMMUNITY OUTREACH INC

    $10,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    KARAT PLACE INC

    $5,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    MEMPHIS BROOKS MUSEUM OF ART INC

    $4,000
    MEMPHIS, TN2025

    OPERATING SUPPORT

    YOUTH VILLAGES

    $3,000,000
    MEMPHIS, TN2023

    NATIONAL GROWTH PLAN

    RHODES COLLEGE

    $1,317,500
    MEMPHIS, TN2023

    SCHOLARSHIPS

    NEW DAY SCHOOLS INC

    $510,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    CHRISTIAN BROTHERS HIGH SCHOOL

    $320,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    MAYO SCHOOL OF HEALTH SCIENCES

    $250,000
    ROCHESTER, MN2023

    OPERATING SUPPORT

    PORTER-LEATH CHILDREN'S CENTER

    $250,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    SRVS

    $250,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    VISIBLE MUSIC COLLEGE

    $200,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    BINGHAMPTON CHRISTIAN ACADEMY

    $120,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    IMMACULATE CONCEPTION CATHEDRAL SCHOOL

    $110,173
    MEMPHIS, TN2023

    SCHOLARSHIPS

    THE DOROTHY DAY HOUSE

    $110,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    NEW BALLET ENSEMBLE AND SCHOOL

    $100,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    MOST (MEMPHIS OPPORTUNITY SCHOLARSHIP TRUST)

    $100,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    METAL MUSEUM

    $100,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    REACH MEMPHIS

    $75,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    THE CATHOLIC DIOCESE OF MEMPHIS

    $75,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    ANGELSTREET

    $30,000
    CORDOVA, TN2023

    OPERATING SUPPORT

    CATHEDRAL OF THE IMMACULATE CONCEPTION

    $25,000
    MEMPHIS, TN2023

    OPERATING SUPPORT

    KARAT PLACE INC

    $25,000
    MEMPHIS, TN2023

    OPERATING SUPPORT