Endowment / Foundation

Updated:

Assisi Foundation of Memphis

The Assisi Foundation of Memphis was created in 1994 from the sale of St. Francis Hospital. The resulting endowment supports grantmaking in Memphis and...

Assisi Foundation of Memphis logo

Assisi Foundation of Memphis

The Assisi Foundation of Memphis was created in 1994 from the sale of St. Francis Hospital. The resulting endowment supports grantmaking in Memphis and surrounding areas. The foundation allocates capital across health services, lifelong learning programs, and arts initiatives. It structures support through direct grants and co-investments with entities such as the Community Foundation of Greater Memphis. Geographic focus remains the Mid-South region of the United States. Confirmed relationships include board participation from principals of Belz Enterprises and Farnsworth Investment Company. The foundation maintains its headquarters at 515 Erin Drive in Memphis. It holds memberships in the Council on Foundations and Asset Funders Network. No public data exists on current assets under management or professional headcount. Governance centers on a board that includes representatives from Memphis real estate firms, reflecting ties between the original hospital proceeds and local commercial interests.

General information

Firm type

Endowment / Foundation

Year founded

1994

Location

Region

North America

Country

United States

City

Memphis

Corporate office

Memphis, TN, United States

Principals

Jack A. Belz

Board member

Ronald A. Belz

Board member

Thomas Farnsworth III

Vice Chairman

Jan Young

Board member

Sector focus

HealthcareEducationArts

Frequently asked questions

Where does the underlying wealth come from?

The foundation was established with proceeds from the 1994 sale of St. Francis Hospital, reported at more than $130 million.

Who runs investment decisions at Assisi Foundation of Memphis?

A board of directors oversees the foundation. Members include Jack A. Belz, Ronald A. Belz, Thomas Farnsworth III, and Jan Young.

How is the foundation related to Belz Enterprises?

Jack A. Belz and Ronald A. Belz serve on the board while operating Belz Enterprises, a Memphis real estate firm.

Does the foundation participate in co-investments?

It partners with the Community Foundation of Greater Memphis on select real estate and community transactions.

What sectors receive priority in grantmaking?

The foundation directs resources to health, lifelong learning, social justice, responsible resource use, and cultural enrichment.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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