Meharry Alumni Endowment RMES is a private foundation focused on Education, based in SHERMAN, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $328K in total assets. In 2024, it awarded 1 grants totaling $15K. Net investment income was $108K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$328K
+38.3% YoY
Annual Giving
$15K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$15K
+0.0% YoY
Under IRS private-foundation payout rules, Meharry Alumni Endowment RMES reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Meharry Alumni Endowment RMES
Based on IRS filings
Meharry Alumni Endowment RMES is a private foundation focused on Education, based in SHERMAN, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $328K in total assets. In 2024, it awarded 1 grants totaling $15K. Net investment income was $108K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $327,782 | $237,045 | $164,835 |
| Revenue | $109,757 | $92,012 | $72,345 |
| Expenses | $19,053 | $20,030 | $22,270 |
| Qualifying Distributions | $15,750 | $16,800 | $18,000 |
| Net Investment Income | $107,982 | $87,944 | $69,702 |
| Distributable Amount | $19,259 | $15,855 | $15,764 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Meharry Medical College ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Meharry Medical College Nashville, TN | General operating support | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George Johnson | Administrator | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Meharry Alumni Endowment RMES?
Meharry Alumni Endowment RMES is a private foundation focused on Education, based in SHERMAN, TX. It holds $328K in total assets as of 2024.
How large is Meharry Alumni Endowment RMES?
As of 2024, Meharry Alumni Endowment RMES holds $328K in total assets with $110K in annual revenue. It awarded 1 grants totaling $15K in 2024.
Where does Meharry Alumni Endowment RMES operate?
Meharry Alumni Endowment RMES has awarded grants in Tennessee.
What size grants does Meharry Alumni Endowment RMES award?
In 2024, Meharry Alumni Endowment RMES awarded 1 grants totaling $15K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Meharry Alumni Endowment RMES required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Meharry Alumni Endowment RMES reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Meharry Alumni Endowment RMES's EIN?
Meharry Alumni Endowment RMES's EIN (Employer Identification Number) is 74-2012699. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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