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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 · 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Little RockMemphisMississippi StateNashville

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+

Open Grants

1 open opportunity from Aglaunch Initiative

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Seam Llc ($559,298), Tennessee State University ($52,593), Mississippi State University ($17,126).

RecipientPurposeAmount
THE SEAM LLC MEMPHIS, TNAGRICULTURE PILOT PROGRAM$559,298
MISSISSIPPI STATE UNIVERSITY MISSISSIPPI STATE, MSAGRICULTURE PILOT PROGRAM$17,126
TENNESSEE STATE UNIVERSITY NASHVILLE, TNAGRICULTURE PILOT PROGRAM$52,593

Leadership & 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

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Aglaunch Initiative?

Aglaunch Initiative is a nonprofit organization focused on Community Improvement & Capacity Building, based in MEMPHIS, TN. It holds $1.1M in total assets as of 2024.

How large is Aglaunch Initiative?

As of 2024, Aglaunch Initiative holds $1.1M in total assets with $2.5M in annual revenue. It awarded 3 grants totaling $629K in 2024.

Where does Aglaunch Initiative operate?

Aglaunch Initiative has awarded grants in Arkansas, Mississippi, Tennessee.

What size grants does Aglaunch Initiative award?

In 2024, Aglaunch Initiative awarded 3 grants totaling $629K — an average of about $210K per grant, based on its IRS Form 990 filings.

What is Aglaunch Initiative's EIN?

Aglaunch Initiative's EIN (Employer Identification Number) is 83-0995119. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in Aglaunch Initiative's focus areas in our free grants database

Similar Funders

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

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