H&M Foundation

Foundation · Grantmaker Jackson, TN EIN: 92-1393500

H&M Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jackson, TN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 13 grants totaling $130K. Net investment income was $190K.

Key facts about H&M Foundation

EIN: 92-1393500
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $130,000
Grants made (2024): 13
Average grant: $10,000
Median grant: $10,000
Total assets: $3,050,877
Primary geography: Tennessee (98% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who H&M Foundation funds

By grant dollars, the top recipient states for H&M Foundation's 13 itemized 2024 grants were Tennessee (98%). The most frequent recipient cities were Jackson, TN (9 grants). 15% of grants with a stated purpose were for general or operating support. Recurring purposes include "Operations" (9 grants).

How H&M Foundation gives

77% of 2024 grantees were also funded in 2023. Method
In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.1M

+53.1% YoY

Annual Giving

$130K

+95.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

+95.5% YoY

Under IRS private-foundation payout rules, H&M Foundation reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.

About H&M Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $128K (98%)

Missouri $3K (2%)

Share of all 13 itemized 2024 grant dollars.

States

Missouri Tennessee

Cities

JacksonJaccksonMartinMemphisSt Louis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,050,877	$1,992,697	$1,000,000
Revenue	$1,190,158	$1,059,628	$1,000,000
Expenses	$131,978	$66,931	—
Qualifying Distributions	$130,000	$66,500	—
Net Investment Income	$189,890	$59,197	—
Distributable Amount	$125,118	$67,954	$73

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2022–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

26 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The Dream Center ($23,500), The Jackson Symphony Association ($23,500), University School of Jackson ($20,000).

Recipient	Purpose	Amount
The Dream Center Jackson, TN	Operations	$23,500
The Jackson Symphony Association Jacckson, TN	Operations	$23,500
University School of Jackson Jackson, TN	Annual fund	$20,000
American Heart Association Memphis, TN	Operations	$10,000
Regional Interfaith Association Jackson, TN	Operations	$10,000
Scarlet Rope Projecct Jackson, TN	Operations	$10,000
Union University Jackson, TN	Capital Campaign	$10,000
University of Tennessee Martin, TN	Scholarship Endowment at UTM	$8,000
Friends of Heart Jackson, TN	Operations	$5,000
Jackson-Madison County Sports Hall of Fame Jackson, TN	Operations	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Jim Campbell	President/Direcctor	—	—
Chris Carroll	Director	—	—
Mike Farris	Secretary/Director	—	—
Matt Fite	Treasurer/Director	—	—
Jeb Campbell	Director	—	—
James Kirkland	Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is H&M Foundation?

H&M Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jackson, TN. It holds $3.1M in total assets as of 2024.

How large is H&M Foundation?

As of 2024, H&M Foundation holds $3.1M in total assets with $1.2M in annual revenue. It awarded 13 grants totaling $130K in 2024.

Where does H&M Foundation operate?

H&M Foundation has awarded grants in Missouri, Tennessee.

What size grants does H&M Foundation award?

In 2024, H&M Foundation awarded 13 grants totaling $130K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is H&M Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, H&M Foundation reported a distributable amount of $125K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.