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 · View filing
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
About Aglaunch Initiative
Based on IRS filings
Aglaunch Initiative is a nonprofit organization focused on Community Improvement & Capacity Building, based in MEMPHIS, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 3 grants totaling $629K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Open Grants
2 open opportunities from Aglaunch Initiative
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARIELLE MOINESTER | DIRECTOR | 1 | — |
| CORINNE GOULD | DIRECTOR | 1 | — |
| FAYRE CROSSLEY | DIRECTOR | 1 | — |
| KAREN LAVERT | DIRECTOR | 1 | — |
| RHEDONA ROSE | DIRECTOR | 1 | — |
| MARCUS COLEMAN | DIRECTOR | 1 | — |
| PETER A NELSON | EXECUTIVE DIRECTOR/PRESIDE | 40 | $167,974 |
| MARGARET OLDHAM | VP OF INNOVATION | 40 | $142,519 |
| RAJAH BROWN | VP OF OPERATIONS | 40 | $120,480 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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United Way of East Tennessee
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Assets
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One Family Memphis
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Assets
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Total Given
—
B & B Foundation
NASHVILLE, TN
Assets
—
Grants
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Total Given
$2.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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