Aglaunch Initiative

MEMPHIS, TN EIN: 83-0995119 Website

AGLAUNCH ATTRACTS, CREATES AND GROWS AGTECH STARTUPS, FACILITATES THE DEVELOPMENT OF NEW AGRICULTURE AND FOOD VALUE-CHAINS, AND BUILDS COLLABORATIVE FARMER NETWORKS, WITH A COMMITMENT TO INTENTIONAL INCLUSION.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.1M

-47.5% YoY

Annual Giving

$629K

+53.3% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$210K

+53.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$727K$1M$2M$3M2021202220232024
Metric202420232022
Total Assets$1,117,960$2,129,660$1,697,532
Revenue$2,462,523$2,426,005$2,583,345
Expenses$2,645,156$2,619,849$2,413,335
Qualifying Distributions
Net Investment Income$4,950$1,830$397
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$157K$315K$472K$629K0 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

THE SEAM LLC$559KTENNESSEE STATE UNIVERSITY$53KMISSISSIPPI STATE UNIVER…$17K

Grant Size Distribution

9 grants across all recorded years

2<$50K4$50–100K1$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Aglaunch Initiative fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PETER A NELSONEXECUTIVE DIRECTOR/PRESIDE$168KMARGARET OLDHAMVP OF INNOVATION$143KRAJAH BROWNVP OF OPERATIONS$120K

From 2024 filing

NameTitleHoursCompensation
ARIELLE MOINESTERDIRECTOR1
CORINNE GOULDDIRECTOR1
FAYRE CROSSLEYDIRECTOR1
KAREN LAVERTDIRECTOR1
RHEDONA ROSEDIRECTOR1
MARCUS COLEMANDIRECTOR1
PETER A NELSONEXECUTIVE DIRECTOR/PRESIDE40$167,974
MARGARET OLDHAMVP OF INNOVATION40$142,519
RAJAH BROWNVP OF OPERATIONS40$120,480

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

Little RockMemphisMississippi StateNashville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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