The Peer Power Foundation Inc logo

The Peer Power Foundation Inc

Public charity · Grantmaker Memphis, TN EIN: 20-2069907 Website

Peer Power Foundation hires, trains, and deploys college students to be success coaches in economically disadvantaged high schools. (expanded mission on schedule o)these success coaches work primarily inside of english, math, and science classes alongside teachers to help students meet achievement benchmarks and their life goals. This model reduces the adult to student ratio from 1:30 to about 1:10, which helps meet the holistic needs of students and alleviate some of the pressure from teachers.

The Peer Power Foundation Inc at a glance

In short: The Peer Power Foundation Inc reported $2K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

Grants paid (2025)
$2,307 — reported as a total on the IRS filing, without an itemized list
-63.4% vs 2024
Total assets
$1,288,368
+12.7% vs 2024
Revenue (2025)
$3,668,365
-9.2% vs 2024
Net investment income (2025)
$4,835
-65.3% vs 2024
Expenses (2025)
$3,864,891
-12.4% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

How to apply to The Peer Power Foundation Inc

Who The Peer Power Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Memphis

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024 Total only2025

From 2024 to 2025, annual grant giving ranged from $2K (2025) to $6K (2024). In 2025 it reported $2K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Memphis Memphis, TNBlack alumni chapter support and multicultural affairs men's conference$6,300
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,288,368$3,668,365$3,864,891$2,307Total only$4,835
2024$1,142,995$4,038,380$4,411,986$6,3001$13,953
2023$1,349,153$3,896,560$3,982,003———
2022$1,264,233$3,317,933$3,479,988——$-9,933
2021$1,339,383$2,677,756$2,817,686——$423
2020$1,405,038$2,187,888$2,085,522——$7,357

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About The Peer Power Foundation Inc

Based on IRS filings

The Peer Power Foundation Inc is a public charity focused on Education, based in Memphis, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it reported $2K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $5K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

The Peer Power Foundation Inc is led by Cortney Richardson, CEO on every filing since 2023; 2 of 13 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Cortney Richardson

    CEO

    On filings since 2023

    40 hrs/week

    $97K (2023) → $167K (2025)

  • William Sehnert

    Executive Director

    On filings since 2020

    40 hrs/week

    $172K (2020) → $160K (2025)

  • Katherine Kaelin

    Chair

    Chairperson → Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Anne Freeman

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Josh Lackie

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Susan Plunkett

    Director

    Secretary → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Daniel Williams

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Reginald Porter Jr.

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • D. John Jackson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Lance Cowles

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Dow McVean

    Vice Chair

    Director → Co-Chairperson, 2021

    Co-Chairperson → Vice Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jim Barton

    Treasurer

    Director → Treasurer, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas Nenon

    Secretary

    Director → Secretary, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (10)
  • Former: Malcom Rawls (2024) — COO
  • Former: Tabitha Glenn (2021–2023) — CEO
  • Former: Charles D. McVean (2020–2021) — Chairman Emeritus & Founder
  • Former: Philip Wunderlich (2020–2021) — Director
  • Former: Shaterra Marion (2021) — Director
  • Former: Bo Braswell (2020) — Director
  • Former: Doug Carpenter (2020) — Director
  • Former: Jerre Freeman (2020) — Director
  • Former: Kelly Naro (2020) — Treasurer
  • Former: Tyree Daniels (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Cortney Richardson — CEO: $167KCortney RichardsonCEO$167KWilliam Sehnert — Executive Director: $160KWilliam SehnertExecutive Director$160K

The highest reported compensation on the 2025 filing was $167K, to Cortney Richardson (CEO). 2 officers or directors reported compensation on that filing.

Frequently asked questions about The Peer Power Foundation Inc

How much does The Peer Power Foundation Inc give each year?

The Peer Power Foundation Inc reported $2K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $6K across 1 grant.

How large is The Peer Power Foundation Inc?

The Peer Power Foundation Inc reported $1.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.7M.

What is The Peer Power Foundation Inc?

The Peer Power Foundation Inc is a public charity focused on Education, based in Memphis, TN. It holds $1.3M in total assets as of 2025.

Where does The Peer Power Foundation Inc operate?

The Peer Power Foundation Inc has awarded grants in Tennessee.

What is The Peer Power Foundation Inc's EIN?

The Peer Power Foundation Inc's EIN (Employer Identification Number) is 20-2069907. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS March 22, 2025)
  2. Added Form 990 for fiscal year 2025 (received by the IRS April 24, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Peer Power Foundation 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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