JWM Foundation Inc

Private foundation · Grantmaker Memphis, TN EIN: 82-5259105

JWM Foundation Inc is a private foundation focused on Human Services, based in Memphis, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47K in total assets. In 2024, it made $768 in qualifying distributions.

Key facts about JWM Foundation Inc

EIN
82-5259105
Latest 990 filing
Form 990-PF, 2024
Total assets
$46,840

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$47K

+0.7% YoY

Revenue

$2K

+150.0% YoY

Qualifying Distributions

$768

Expenses

$1K

+93.3% YoY

Under IRS private-foundation payout rules, JWM Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$46,840$46,500$46,500
Revenue$1,500$600$46,860
Expenses$1,160$600$360
Qualifying Distributions$768——
Distributable Amount$2,325$2,290$1,305

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

JWM Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • James A. Montgomery

    Trustee

    On filings since 2020

    No compensation reported

  • Beverly A. Montgomery

    Officer

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about JWM Foundation Inc

How large is JWM Foundation Inc?

JWM Foundation Inc reported $47K in total assets on its 2024 IRS Form 990-PF. It paid out $768 in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is JWM Foundation Inc?

JWM Foundation Inc is a private foundation focused on Human Services, based in Memphis, TN. It holds $47K in total assets as of 2024.

What is JWM Foundation Inc's EIN?

JWM Foundation Inc's EIN (Employer Identification Number) is 82-5259105. IRS Form 990 filing data is available on this page for 2020–2024.

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

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