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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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