Second Presbyterian Church Foundation 
The information on this page was last updated 5/15/2026. If you see errors or omissions, please email: [email protected]
Summary
The Second Presbyterian Church Foundation is a supporting organization to Second Presbyterian Church in Memphis, Tennessee and is an IRS approved 501c (3) corporation.
Contact information
Mailing address:
Second Presbyterian Church Foundation
4055 Poplar Avenue
Memphis, TN 38111
Website: www.2pcfoundation.org
Phone: (901) 454-0034
Email: [email protected]
Organization details
EIN: 621744695
CEO/President: Vicki Simmons
Chairman: Rick Moore
Board size: 18
Founder:
Ruling year: 1998
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
To facilitate the long term stewardship plan of members of Second for gifts over and above their support of the operating budget, world missions, and special fund raising events like capital campaigns and emergency relief to victims of national disasters.
Mission statement
Our 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.
Statement of faith
Articles
| 5/29/2026 | Reformation Bible College Receives 'Withhold Giving' Donor Confidence Score |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 959 of 1420 | 15 of 23 |
| Fund acquisition rating | | 201 of 1420 | 5 of 23 |
| Resource allocation rating | | 1223 of 1420 | 19 of 23 |
| Asset utilization rating | | 1122 of 1421 | 17 of 23 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 81% | 68% | 96% | 82% | 87% | 88% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 19% | 32% | 4% | 18% | 13% | 12% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 95% | 86% | 87% | 78% | 84% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 79% | 133% | 21% | 185% | 130% | 340% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 115% | 18% | 144% | 109% | 302% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 21% | -33% | 79% | -85% | -30% | -240% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | -1% | 23% | -3% | -1% | -5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 5% | 14% | 13% | 22% | 16% | 11% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.29 | 0.06 | 0.06 | 0.06 | 0.04 | 0.06 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.21 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.31 | 0.06 | 0.06 | 0.06 | 0.04 | 0.06 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 408.53 | 0.00 | 0.00 | 0.00 | 290.71 | 344.70 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 38.01 | 215.59 | 197.50 | 215.56 | 330.94 | 187.67 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 1% | 0% | 0% | 1% | 1% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 324% | 1793% | 1642% | 1785% | 2745% | 1554% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Cash | $2,955,755 | $5,960,325 | $2,015,477 | $1,568,543 | $947,171 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $0 | $0 |
| Short-term investments | $42,941,798 | $36,485,321 | $28,078,031 | $33,339,531 | $25,966,217 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $45,897,553 | $42,445,646 | $30,093,508 | $34,908,074 | $26,913,388 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $0 | $0 | $0 | $0 | $0 |
| Other long-term assets | $6,680 | $810 | $810 | $13,648 | $23,259 |
| Total long-term assets | $6,680 | $810 | $810 | $13,648 | $23,259 |
| Total assets | $45,904,233 | $42,446,456 | $30,094,318 | $34,921,722 | $26,936,647 |
| Liabilities | 2025 | 2024 | 2023 | 2021 | 2020 |
| Payables and accrued expenses | $0 | $0 | $0 | $120,078 | $78,078 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $0 | $0 | $120,078 | $78,078 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $97,443 | $110,614 | $187,240 | $178,263 | $186,137 |
| Total long-term liabilities | $97,443 | $110,614 | $187,240 | $178,263 | $186,137 |
| Total liabilities | $97,443 | $110,614 | $187,240 | $298,341 | $264,215 |
| Net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Without donor restrictions | $29,144,233 | $26,496,174 | $20,851,953 | $24,836,342 | $18,739,638 |
| With donor restrictions | $16,662,557 | $15,839,668 | $9,055,125 | $9,787,039 | $7,932,794 |
| Net assets | $45,806,790 | $42,335,842 | $29,907,078 | $34,623,381 | $26,672,432 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2021 | 2020 |
| Total contributions | $1,310,060 | $11,868,918 | $746,427 | $840,643 | $443,003 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $613,017 | $439,671 | $160,098 | $127,870 | $61,938 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $613,017 | $439,671 | $160,098 | $127,870 | $61,938 |
| Total revenue | $1,923,077 | $12,308,589 | $906,525 | $968,513 | $504,941 |
| Expenses | 2025 | 2024 | 2023 | 2021 | 2020 |
| Program services | $2,205,393 | $2,255,281 | $1,306,010 | $1,060,297 | $1,524,129 |
| Management and general | $349,354 | $323,734 | $369,289 | $201,128 | $191,815 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $2,554,747 | $2,579,015 | $1,675,299 | $1,261,425 | $1,715,944 |
| Change in net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Surplus (deficit) | ($631,670) | $9,729,574 | ($768,774) | ($292,912) | ($1,211,003) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($631,670) | $9,729,574 | ($768,774) | ($292,912) | ($1,211,003) |
Compensation
Compensation data for this ministry has not been collected.
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/15/2026. To update the information below, please email: [email protected]