First Horizon Foundation

MEMPHIS, TN EIN: 62-1533987

First Horizon Foundation is a private foundation, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55.2M in total assets. In 2024, it awarded 1 grants totaling $18.6M. Net investment income was $10.9M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$55.2M

-11.7% YoY

Annual Giving

$18.6M

+18.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$18.6M

+18.4% YoY

About First Horizon Foundation

Based on IRS filings

First Horizon Foundation is a private foundation, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55.2M in total assets. In 2024, it awarded 1 grants totaling $18.6M. Net investment income was $10.9M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Memphis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$51M$68M20202021202220232024
Metric202420232022
Total Assets$55,164,477$62,477,203$21,492,415
Revenue$11,636,315$62,188,326$1,860,431
Expenses$23,475,474$16,055,121$25,144,712
Qualifying Distributions$18,607,566$15,709,765$17,825,653
Net Investment Income$10,879,970$1,716,742$1,204,257
Distributable Amount$1,919,962$2,928,579$1,900,616

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$9M$14M$19M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

VARIOUS - SEE STATEMENT …$18.6M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Open Grants

15 open opportunities from First Horizon Foundation

Show all 15 →

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

CHARLES G BURKETTCHAIRMAN/DIRECTOR$160K

From 2024 filing

NameTitleHoursCompensation
HOPE DMUCHOWSKIDIRECTOR
WALTER DOGGETTTREASURER/CFO
DAVID MILLERDIRECTOR
ELIZABETH A ARDOINPRESIDENT/DIRECTOR
CHARLES G BURKETTCHAIRMAN/DIRECTOR$160,000
LOCKIE D WADECONTRIBUTIONS MGR
ADELLA M HEARDVP/SECRETARY/DIRECTOR
TANYA L HARTDIRECTOR
LANG WISEMANDIRECTOR

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

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