NET WORTH: Unknown
SOURCE OF WEALTH: Gerber Taylor Associates
FUNDING AREAS: Education & Youth
OVERVIEW: Charles Gerber and his wife Meg move their philanthropy through the Fleetwood Foundation, which gave away a little over $800,000 in a recent year. The couple’s giving through their foundation is focused on education and youth in the Memphis area.
BACKGROUND: Charles Gerber received a bachelor’s degree from the University of Tennessee. After college, he served as a naval flight officer. In 1984, he joined E.F. Hutton. Gerber went on to co-found Gerber Taylor in 1990, an independent investment advisory firm based in Memphis, Tennessee.
EDUCATION & YOUTH: The Gerbers helped spearhead Promise Academy, one of the first charter schools in Memphis. Part of the story here is that the couple was inspired by the education reform movement in Meg’s hometown of Chattanooga, Tennessee. Gerber chairs the board of Promise Academy and is also a board member of KIPP Memphis Collegiate Schools and Tennessee Charter School Incubator.
Via their foundation, the couple has given to Charter Fund Inc. Charter School Growth Fund to support the expansion of high-performing charter management organizations in Memphis; Achievement School District; Freedom Preparatory Academy; Gestalt Community Schools; Teach for America – Memphis; Memphis Academy of Science and Engineering; and The Soulsville Charter School.
The Fleetwood Foundation supports the ANet middle and high school programs. ANet describes itself as an “education nonprofit that helps schools boost student learning with great teaching.”
OTHER: The couple is involved with the Community Foundation of Greater Memphis and has also supported the Community Foundation For Greater Atlanta via their foundation. Gerber also sits on the board of Campbell Foundation, which is “committed to advancing surgeon education, orthopedic research, and community healthcare.” Gerber has dealt with osteoarthritis.
LOOKING FORWARD: Expect the Gerbers to remain laser-focused on education reform in the Memphis area.
The Fleetwood Foundation does not provide a clear avenue of contact, but below is an address:
1 Commerce Sq., 40 S. Main St., Ste. 1900
Memphis, TN 38103