The Memphis Medical Foundation Inc

MEMPHIS, TN EIN: 62-6048069

The Memphis Medical Foundation Inc is a private foundation, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $651K in total assets. In 2024, it made $696K in qualifying distributions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$651K

-3.8% YoY

Revenue

$769K

+10.5% YoY

Qualifying Distributions

$696K

+5.1% YoY

Expenses

$732K

+6.5% YoY

Under IRS private-foundation payout rules, The Memphis Medical Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

About The Memphis Medical Foundation Inc

Based on IRS filings

The Memphis Medical Foundation Inc is a private foundation, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $651K in total assets. In 2024, it made $696K in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$211K$423K$634K$845K20202021202220232024
Metric202420232022
Total Assets$650,692$676,184$504,386
Revenue$768,529$695,310$581,974
Expenses$731,836$687,316$529,520
Qualifying Distributions$695,732$662,220$511,433
Net Investment Income$17,354$15,492
Distributable Amount$17,818$15,985$17,035

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CLINT CUMMINSCEO1
JIMMIE MANCELL MDPRESIDENT1
DANIELLE HASSEL MDPRESIDENT ELECT1
HEATHER SWANSON MDSECRETARY/TREASURER1
JAMES C FLEMING MDDIRECTOR1
ANDREW T WATSON MDDIRECTOR1
JOHN SCHORGE MDDIRECTOR1
PAXTON DICKERSON MDDIRECTOR1
MARGARET YANCEY MDDIRECTOR1

Frequently Asked Questions

How large is The Memphis Medical Foundation Inc?

As of 2024, The Memphis Medical Foundation Inc holds $651K in total assets with $769K in annual revenue.

How much is The Memphis Medical Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Memphis Medical Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Memphis Medical Foundation Inc's EIN?

The Memphis Medical Foundation Inc's EIN (Employer Identification Number) is 62-6048069. IRS Form 990 filing data is available on this page for 2020–2024.

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

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