THE FOUNDATION ACCEPTS, MANAGES, AND DISBURSES PRIVATE SUPPORT TO THE UNIVERSITY OF MEMPHIS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$264.3M
+18.7% YoY
Annual Giving
$13.3M
+4.6% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$6.6M
-47.7% YoY
About University of Memphis Foundation
Based on IRS filings
University of Memphis Foundation is a nonprofit organization focused on Education, based in MEMPHIS, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $264.3M in total assets. In 2024, it awarded 2 grants totaling $13.3M. Net investment income was $6.5M.
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 | $264,333,656 | $222,735,067 | $184,697,152 |
| Revenue | $40,949,256 | $47,641,079 | $55,956,820 |
| Expenses | $22,804,922 | $32,781,998 | $28,038,572 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,502,424 | $3,757,992 | $3,193,268 |
| 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 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Memphis ($9,474,116), University of Memphis ($3,798,988).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF MEMPHIS MEMPHIS, TN | UNIVERSITY AWARDS AND SCHOLARSHIPS | $9,474,116 |
| UNIVERSITY OF MEMPHIS MEMPHIS, TN | UNIVERSITY SUPPORT, ADVANCEMENT, AND SPECIAL PROJECTS | $3,798,988 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID TATE | PRESIDENT | 1 | — |
| JOHN WILFONG | VICE PRESIDENT | 1 | — |
| TANYA HART | TREASURER | 1 | — |
| GLYNNA CHRISTIAN | SECRETARY | 1 | — |
| FRED TOWLER | IMMEDIATE PAST PRESIDENT | 1 | — |
| SUDHIR AGRAWAL | DIRECTOR | 1 | — |
| RENE BUSTAMANTE | DIRECTOR | 1 | — |
| LAURALAN GRISONI | DIRECTOR | 1 | — |
| DR BILL HARDGRAVE | DIRECTOR | 1 | — |
| DAPHNE LARGE | DIRECTOR | 1 | — |
| DR REGINALD PORTER | DIRECTOR | 1 | — |
| JOHN MICKEY ROBINSON | DIRECTOR | 1 | — |
| DR DOUGLAS SCARBORO | DIRECTOR | 1 | — |
| HARRY SMITH | DIRECTOR | 1 | — |
| MONICA WHARTON | DIRECTOR | 1 | — |
| TYREE DANIELS | DIRECTOR (TERM END 8/31/23) | 1 | — |
| RAAJKUMAR KURAPATI | DIRECTOR (TERM END 8/31/23) | 1 | — |
| HOLLY FORD | FOUNDATION CEO | 30 | $169,553 |
| MARK NICELL | FOUNDATION CBO | 30 | $136,192 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is University of Memphis Foundation?
University of Memphis Foundation is a nonprofit organization focused on Education, based in MEMPHIS, TN. It holds $264.3M in total assets as of 2024.
How large is University of Memphis Foundation?
As of 2024, University of Memphis Foundation holds $264.3M in total assets with $40.9M in annual revenue. It awarded 2 grants totaling $13.3M in 2024.
Where does University of Memphis Foundation operate?
University of Memphis Foundation has awarded grants in Tennessee.
What size grants does University of Memphis Foundation award?
In 2024, University of Memphis Foundation awarded 2 grants totaling $13.3M — an average of about $6.6M per grant, based on its IRS Form 990 filings.
What is University of Memphis Foundation's EIN?
University of Memphis Foundation's EIN (Employer Identification Number) is 62-6048540. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in University of Memphis Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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