UNIVERSITY OF MEMPHIS FOUNDATION

MEMPHIS, TN, 38152-0001 (901) 678-3255 Est. 1964 EIN 62-6048540

B110— Education Form 990 501(c)(3)

www.memphis.edu/foundation

Mission

THE FOUNDATION ACCEPTS, MANAGES, AND DISBURSES PRIVATE SUPPORT TO THE UNIVERSITY OF MEMPHIS.

Giving Portfolio

Total Grants

8

Total Giving

$63.5M

Recipients

6

Years Active

2017 - 2023

Avg grant: $8,179,253 Median: $7,912,704

Yearly Trends

Year	Grants	Total Giving	Avg Grant	New	Repeat
2023	3	$21.6M	$7.2M	0	1
2022	1	$12.7M	$12.7M	0	1
2021	1	$7.5M	$7.5M	0	1
2020	1	$5.8M	$5.8M	0	1
2019	1	$6.1M	$6.1M	0	1
2017	1	$9.7M	$9.7M	1	0

Top States

Tennessee

8

Top Grantees

UNIVERSITY OF MEMPHIS

TN - 8 grants

$63.5M

Financials

Total Revenue

$40,949,256

Total Expenses

$22,804,922

Net Assets

$245,269,894

6 employees 14 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

10+ years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 14.0%

Expenses ↓ 30.4%

Revenue Sources

Contributions 71.1% Earned revenue 13.0% Investment 15.9%

Expense Breakdown

Program 94.6% Management 5.4%

Officers & Trustees (19)

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$40,949,256 ↓	$22,804,922	$245,269,894
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$47,641,079 ↓	$32,781,998	$207,063,821
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$55,956,820 ↑	$28,038,572	$178,444,071
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$38,710,840 ↑	$32,519,523	$170,980,296
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$23,075,721 ↓	$26,255,373	$134,475,912
2017 Form 990 Jul 1, 2017 to Jun 30, 2018	$48,795,666	$31,601,622	$139,385,243