Fleetwood Foundation Inc

Foundation · Grantmaker MEMPHIS, TN EIN: 27-5486698

Fleetwood Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $45.2M in total assets. In 2023, it awarded 27 grants totaling $2.8M. Net investment income was $1.2M.

Key facts about Fleetwood Foundation Inc

EIN
27-5486698
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$2,752,458
Grants made (2023)
27
Average grant
$101,943
Median grant
$75,000
Total assets
$45,202,614
Primary geography
Tennessee (91% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated April 2026.

Who Fleetwood Foundation Inc funds

By grant dollars, the top recipient states for Fleetwood Foundation Inc's 27 itemized 2023 grants were Tennessee (91%). The most frequent recipient cities were Memphis, TN (20 grants) and Atlanta, GA (2 grants). 52% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$45.2M

+3.3% YoY

Annual Giving

$2.8M

+3.6% YoY

Grant Count

27

+68.8% YoY

Avg Grant Size

$102K

-38.6% YoY

Under IRS private-foundation payout rules, Fleetwood Foundation Inc reported a distributable amount of $2.8M for 2023 — the minimum it must pay out in qualifying distributions.

About Fleetwood Foundation Inc

Based on IRS filings

Fleetwood Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $45.2M in total assets. In 2023, it awarded 27 grants totaling $2.8M. Net investment income was $1.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 27 itemized 2023 grant dollars.

Cities

MemphisAtlantaNashvilleCordovaCharlotteNew YorkBostonClevelandDurham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$10M2020202120222023
Metric202320222021
Total Assets$45,202,614$43,777,600$45,966,674
Revenue$5,565,662$2,090,125$8,657,283
Expenses$4,140,648$3,983,146$3,735,973
Qualifying Distributions$2,954,547$2,835,572$2,669,464
Net Investment Income$1,238,638$925,406$5,299,934
Distributable Amount$2,751,941$2,770,601$2,896,399

Giving Over Time

Total grant dollars and number of grants per year

$0$688K$1M$2M$3M15 grants202016 grants202116 grants202227 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Promise Academy$504K · 9 grantsMemphis Brooks Museum of…$400KMan up Teacher Fellows Inc$350KMemphis Opportunity Scho…$250KNew Memphis Institute$200KAllmemphis Inc$180KSlingshot Memphis Inc$125KTennessee Career Academy…$125KAll Flourish Inc$100KMemphis River Parks Part…$100K

Grant Size Distribution

74 grants across all recorded years

31<$50K5$50–100K26$100–250K8$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest recipients include Promise Academy ($504,125 across 9 grants), Memphis Brooks Museum of Art Inc ($400,000), Man up Teacher Fellows Inc ($350,000).

RecipientPurposeAmount
MEMPHIS BROOKS MUSEUM OF ART INC MEMPHIS, TNGeneral & Unrestricted$400,000
MAN UP TEACHER FELLOWS INC CORDOVA, TNGeneral & Unrestricted$350,000
MEMPHIS OPPORTUNITY SCHOLARSHIP TR INC MEMPHIS, TNGeneral & Unrestricted$250,000
NEW MEMPHIS INSTITUTE MEMPHIS, TNGeneral & Unrestricted$200,000
ALLMEMPHIS INC MEMPHIS, TNWork with Believe Academy and Memphis College Preparatory school$180,000
PROMISE ACADEMY MEMPHIS, TNLavinia Consulting fund for Promise Academy Spring Hill$160,166
PROMISE ACADEMY MEMPHIS, TNLavinia Consulting fund for Promise Academy Hollywood$151,082
SLINGSHOT MEMPHIS INC MEMPHIS, TNMemworks$125,000
TENNESSEE CAREER ACADEMY INC MEMPHIS, TNGeneral & Unrestricted$125,000
ALL FLOURISH INC CLEVELAND, OHBackrs Stipend Fund$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

Thomas A BeazleyExecutive Dir$129K

From 2023 filing

NameTitleHoursCompensation
Thomas A BeazleyExecutive Dir40$129,459
Charles C GerberDir, Sec1—
Margaret L GerberDir, Pres1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Fleetwood Foundation Inc?

Fleetwood Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEMPHIS, TN. It holds $45.2M in total assets as of 2023.

How large is Fleetwood Foundation Inc?

As of 2023, Fleetwood Foundation Inc holds $45.2M in total assets with $5.6M in annual revenue. It awarded 27 grants totaling $2.8M in 2023.

Where does Fleetwood Foundation Inc operate?

Fleetwood Foundation Inc has awarded grants in Georgia, Massachusetts, North Carolina, New York, Ohio, Tennessee.

What size grants does Fleetwood Foundation Inc award?

In 2023, Fleetwood Foundation Inc awarded 27 grants totaling $2.8M — an average of about $102K per grant, based on its IRS Form 990 filings.

How much is Fleetwood Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Fleetwood Foundation Inc reported a distributable amount of $2.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fleetwood Foundation Inc's EIN?

Fleetwood Foundation Inc's EIN (Employer Identification Number) is 27-5486698. IRS Form 990 filing data is available on this page for 2020–2023.

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

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