Jonathan P Formanek Foundation

MEMPHIS, TN EIN: 82-3557941

The Jonathan P Formanek Foundation is a private foundation based in Memphis, Tennessee. Established in 2019, it operates as a 501(c)(3) exempt organization classified as a private grantmaking foundation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.6M

+11.9% YoY

Annual Giving

$418K

-19.8% YoY

Grant Count

19

-42.4% YoY

Avg Grant Size

$22K

+39.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not have a publicly stated mission statement on record. However, its grant-making activities demonstrate focus on:

  • Arts and culture
  • Dance and performing arts
  • Visual arts
  • Environmental conservation
  • Human rights
  • Grassroots-led efforts

Grantmaking

Grant Range

& Activity:**

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Geographic Focus

Where this funder awards grants

The foundation's primary funding areas include:

  • Texas
  • New York
  • Tennessee
  • Colorado (in past years)

Grant Distribution by State

18states
+10 more states

Cities

ArlingtonAtlantaAustinBartlevilleBecketBerkeleyBerkleyBoulderBrooklynBuffaloChicagoCulver CityDallasDerbyDurhamEureka SpringsFayettevilleFort WorthLos AngelesManchester

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $9,556,550
  • Total revenues: $1,461,100
  • Total expenses: $446,490

Assets (2023):

  • Fair market value of all assets at year-end: $12,274,995

Staffing:

  • Number of employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$402K$804K$1M$2M20202021202220232024
Metric202420232022
Total Assets$9,556,550$8,541,940$8,299,565
Revenue$1,461,100$781,405$-176,905
Expenses$446,490$539,030$623,628
Qualifying Distributions$417,500$520,500$588,000
Net Investment Income$1,461,100$769,559$84,855
Distributable Amount$531,897$583,483$549,143

Giving Over Time

Total grant dollars and number of grants per year

$0$168K$335K$503K$670K8 grants20209 grants202150 grants202233 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MEMPHIS BROOKS MUSEUM$175KJACOB'S PILLOW$115KBRUCE WOODS DANCE$35KSTAGE WEST THEATRE$15KAMPHIBIAN STAGE$15KUNDERMAIN THEATRE$15KTURTLE CREEK CONSERVANCY$15KSECOND THOUGHT$5KOCHRE HOUSE THEATRE$5KACLU MEMBERSHIP DEPT$5K

Grant Size Distribution

119 grants across all recorded years

108<$50K6$50–100K3$100–250K$250–500K2$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
JONATHAN P FORMANEKPRESIDENT/CHAIRMAN OF THE BOARD10
ANDREW WHITMORESECRETARY-TREASURER/DIRECTOR5
JOYCE SEALANDDIRECTOR1

Contact Information

Address: 6075 Poplar Avenue, Suite 726 Memphis, TN 38119

Telephone: (479) 738-6206

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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