The Memton Fund Inc
The Memton Fund Inc is a private foundation based in Wilmington, Delaware. Its 2024 grants supported organizations working in areas including humanitarian aid, health, photography and education, community services, and conservation.
The Memton Fund Inc at a glance
In short: The Memton Fund Inc gave $572K across 146 grants in 2024 (avg $4K), top state New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $571,550
- -1.8% vs 2023
- Grants made (2024)
- 146
- +9.8% vs 2023
- Average grant
- $3,915
- -10.6% vs 2023
- Median grant
- $3,000
- Total assets
- $11,365,340
- +3.2% vs 2023
- New grantees (estimate)
- 24% first-time grantees (32 of 132, 2024)
- Primary geography
- New York (26% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Memton Fund Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Memton Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Community Foundation of Sarasota County Inc ($50K across 9 grants). Together the top 10 received $181K.
Grant Size Distribution
708 grants across all recorded years
The most common grant size was under $50K: 708 grants of 708 (100%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in New York (26%), Utah (12%), New Hampshire (10%), Florida (10%), and Pennsylvania (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 146 itemized grants.
States
Cities
Is The Memton Fund Inc open to new grantees?
24%
first-time grantees, 2024
In 2024, 32 of 132 grantees (24%) were first-time recipients. First grants averaged $3K; repeat grants $5K. How we count
Medians: $2K first-time, $3K repeat.
- 68% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $572K (2024) to $710K (2022). In 2024 it made 146 grants totaling $572K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alima USA Inc New York, NY | General & Unrestricted | $20,000 |
| Caahc Community Outreach Safepoint Newville, PA | General & Unrestricted | $17,500 |
| Greenwich Village Society for Historic Preservatio New York, NY | General & Unrestricted | $15,000 |
| International Center of Photography New York, NY | General & Unrestricted | $15,000 |
| Medecins Sans Frontieres USA Inc New York, NY | General & Unrestricted | $12,000 |
| World Central Kitchen Incorporated Washington, DC | General & Unrestricted | $10,500 |
| Community Foundation of Sarasota County Inc Sarasota, FL | Mote Aquarium: Educational Programs | $10,000 |
| Community Foundation of Sarasota County Inc Sarasota, FL | Lakewood Ranch Preparatory Academy: Families Helping Families Initiative | $10,000 |
| Community Foundation of Sarasota County Inc Sarasota, FL | MANATEE COUNTY SHERIFF'S DEPARTMENT: Homeless Intervention Program | $10,000 |
| Habitat for Humanity International Inc Americus, GA | Direct to El Salvador affiliates | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,365,340 | $1,099,688 | $741,999 | $571,550 | 146 | $653,742 | $1,032,731 | $690,900 |
| 2023 | $11,007,651 | $1,346,985 | $718,359 | $582,250 | 133 | $651,207 | $1,284,133 | $639,085 |
| 2022 | $10,379,025 | $453,253 | $863,434 | $709,750 | 142 | $778,937 | $380,056 | $659,181 |
| 2021 | $10,789,206 | $902,020 | $726,149 | $580,250 | 140 | $645,956 | $832,259 | $768,086 |
| 2020 | $10,613,335 | $1,025,286 | $726,815 | $597,519 | 147 | — | $959,137 | $669,521 |
Under IRS private-foundation payout rules, The Memton Fund Inc reported a distributable amount of $691K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the funder is provided. Its 2024 grants included support for organizations with varied missions. ALIMA USA says it supports sustainable healthcare providers serving communities affected by conflict, disasters, and epidemics. The International Center of Photography describes itself as a museum and school dedicated to understanding and appreciating photography. Médecins Sans Frontières USA says it provides independent medical humanitarian emergency aid, while World Central Kitchen says it provides meals in response to humanitarian, climate, and community crises. Other recipients included organizations focused on community health, poverty-related issues, and conservation.
Grantmaking
In 2024, the fund made 146 grants totaling $571,550. Grants ranged from $500 to $20,000, with a median award of $3,000. The largest listed grant was $20,000 to ALIMA USA for general and unrestricted support. Other notable grants included $17,500 to CAAHC Community Outreach Safepoint and $15,000 each to the Greenwich Village Society for Historic Preservation and the International Center of Photography, all for general and unrestricted support. Médecins Sans Frontières USA received $12,000 for general and unrestricted support; World Central Kitchen received $10,500 for general and unrestricted support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists these officers and directors:
- Frank B Arisman — Director, Assistant Treasurer
- Mary Ann Arisman — Director, Assistant Secretary
- Elizabeth Drumwright — Director
- Robert V Edgar — Director
- E 'Shepi' Shepard Farrar — Director, President, Vice President
- John E Garren — Director
- Alexandra D Giordano — Director
- Ellen W Levy — Director, Secretary
- Ron Levy — Vice President, President
- Samuel 'Toma' Thomas Milbank — Director
The Memton Fund Inc is led by E 'Shepi' Shepard Farrar, Director, President & Vice President since 2024 (on filings since 2020); none of the 15 officers listed in 2024 report compensation.
Officers on the 2024 filing
E 'Shepi' Shepard Farrar
Director, President & Vice President
Director & President → Director, President & Vice President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Ron Levy
Vice President & President
Vice President → Vice President & President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Elizabeth Drumwright
Director
Director & Secretary → Director & Sec*, 2021
Director & Sec* → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Ellen W Levy
Director & Secretary
Director → Director & Secretary, 2021
On filings since 2020
2 hrs/week
No compensation reported
Frank B Arisman
Director & Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
Karen Quackenbush
Director
On filings since 2020
1 hr/week
No compensation reported
Mary Ann Arisman
Director & Assistant Secretary
On filings since 2020
1 hr/week
No compensation reported
Nathalie Milbank Nolte
Director
On filings since 2020
1 hr/week
No compensation reported
Pamela White
Director
On filings since 2020
1 hr/week
No compensation reported
Robert V Edgar
Director
On filings since 2020
1 hr/week
No compensation reported
Samuel L 'Tony' Milbank
Director, Treasurer & Director
On filings since 2020
2 hrs/week
No compensation reported
Thomas L Milbank
Director
On filings since 2020
1 hr/week
No compensation reported
Alexandra D Giordano
Director
New on the 2024 filing
1 hr/week
No compensation reported
John E Garren
Director
New on the 2024 filing
1 hr/week
No compensation reported
Thomas Nolte
Director
New on the 2024 filing
1 hr/week
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 The Memton Fund Inc
How much does The Memton Fund Inc give each year?
The Memton Fund Inc gave $572K across 146 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $582K across 133 grants.
What is The Memton Fund Inc's typical grant size?
The Memton Fund Inc's median grant in 2024 was $3,000, and its average grant was $3,915, across 146 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Memton Fund Inc that year got $3K on average.
Where does The Memton Fund Inc give grants?
The Memton Fund Inc's top state is New York, with 26% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Utah (12%) and New Hampshire (10%). The most frequent recipient cities were New York, NY (22 grants), Sarasota, FL (10 grants), Salt Lake Cty, UT (8 grants) and Salt Lake City, UT (7 grants).
Does The Memton Fund Inc give general operating support?
Yes: 77% of The Memton Fund Inc's 2024 grants with a stated purpose (112 of 146) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Memton Fund Inc's largest grantees?
The Memton Fund Inc's largest 2024 grantees include Community Foundation of Sarasota County Inc ($49,500 across 9 grants), University of Utah ($21,000 across 6 grants) and Alima USA Inc ($20,000), according to its 2024 IRS Form 990-PF. Together they received 16% of its itemized 2024 grant dollars.
How large is The Memton Fund Inc?
The Memton Fund Inc reported $11.4M in total assets on its 2024 IRS Form 990-PF. It paid out $654K in qualifying distributions that year, against a required minimum of $691K (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 does The Memton Fund Inc fund?
No mission statement for the funder is provided. Its 2024 grants included support for organizations with varied missions. ALIMA USA says it supports sustainable healthcare providers serving communities affected by conflict, disasters, and epidemics. See mission & focus areas ↑
How do I apply for a grant from The Memton Fund Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Memton Fund Inc's EIN?
The Memton Fund Inc's EIN (Employer Identification Number) is 13-6096608. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Memton Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Memton Fund Inc funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/the-memton-fund-inc-morg_73117c4219ea42f3a5174416b6e32bd9
BibTeX
@misc{grantable_136096608_2026,
author = {{Grantable}},
title = {{The Memton Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-memton-fund-inc-morg_73117c4219ea42f3a5174416b6e32bd9},
note = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Memton Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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