The Josephine Circle Inc
THE ORGANIZATION IS DEDICATED EXCLUSIVELY TO HELPING PROVIDE HIGHER EDUCATION TO DESERVING YOUNG MEN AND WOMEN IN THE FIELDS OF EDUCATION, BUSINESS, AND MEDICINE. THE LOANS AND SCHOLARSHIPS AWARDED BY THE ORGANIZATION ALLOW NEEDY STUDENTS TO CONTINUE THEIR STUDIES WHILE FACING FINANCIAL HARDSHIPS.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$467K
-15.6% YoY
Annual Giving
$105K
Grant Count
3
Avg Grant Size
$35K
About The Josephine Circle Inc
Based on IRS filings
The Josephine Circle Inc is a nonprofit organization, based in GERMANTOWN, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $467K in total assets. In 2025, it awarded 3 grants totaling $105K. Net investment income was $2K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $467,029 | $553,162 | $543,474 |
| Revenue | $16,147 | $19,698 | $25,429 |
| Expenses | $111,524 | $9,875 | $215,007 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,490 | $2,632 | $1,732 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA ASHMORE | BOARD MEMBER | 1 | — |
| BECKY BARTON | BOARD MEMBER | 1 | — |
| SYLVIA COX | BOARD MEMBER | 1 | — |
| MARIE DOWLING | BOARD MEMBER | 1 | — |
| RITA GARRIGAN | BOARD MEMBER | 1 | — |
| SUSAN HOBACK | BOARD MEMBER | 1 | — |
| EULA HORRELL | BOARD MEMBER | 1 | — |
| LEE LINDSAY | BOARD MEMBER | 1 | — |
| PAT MCCALEB | BOARD MEMBER | 1 | — |
| CAROLE PRUETT | BOARD MEMBER | 1 | — |
| KATHY SMITH | BOARD MEMBER | 1 | — |
| LINDA YOAKUM | BOARD MEMBER | 1 | — |
| LYNN RUSSELL | BOARD MEMBER | 1 | — |
| ANN NEWELL | BOARD MEMBER | 1 | — |
| CINDY NORMAN | BOARD MEMBER | 1 | — |
| PATTIE RUSSELL | BOARD MEMBER | 1 | — |
| PAT MASSENGIL | BOARD MEMBER | 1 | — |
| TONI RUTLEDGE | BOARD MEMBER | 1 | — |
| MARSHA CAYCE | EX-OFFICIO | 1 | — |
| MARTHA MCINTOSH | TREASURER | 1 | — |
| NORANN MCMANUS | PRESIDENT | 1 | — |
| LIZ THOMAS | VICE-PRESIDENT | 1 | — |
| MICHELLE MERRITT | RECORDING SECRETARY | 1 | — |
| LESLIE NOAH | CORRESPONDING SECRETARY | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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