The Josephine Circle Inc

GERMANTOWN, TN EIN: 58-1314549 Website

THE ORGANIZATION IS DEDICATED EXCLUSIVELY TO HELPING PROVIDE HIGHER EDUCATION TO DESERVING YOUNG MEN AND WOMEN IN THE FIELDS OF EDUCATION, BUSINESS, AND MEDICINE. THE LOANS AND SCHOLARSHIPS AWARDED BY THE ORGANIZATION ALLOW NEEDY STUDENTS TO CONTINUE THEIR STUDIES WHILE FACING FINANCIAL HARDSHIPS.

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$467K

-15.6% YoY

Annual Giving

$105K

Grant Count

3

Avg Grant Size

$35K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$59K$118K$177K$237K202020212022202320242025
Metric202520242023
Total Assets$467,029$553,162$543,474
Revenue$16,147$19,698$25,429
Expenses$111,524$9,875$215,007
Qualifying Distributions
Net Investment Income$2,490$2,632$1,732
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$53K$79K$105K0 grants20200 grants20210 grants20220 grants20230 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

UNIVERSITY OF TENNESSEE …$50KUNIVERSITY OF TENNESSEE$50KUNIVERSITY OF MEMPHIS$5K

Grant Size Distribution

3 grants across all recorded years

1<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Josephine Circle Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
LINDA ASHMOREBOARD MEMBER1
BECKY BARTONBOARD MEMBER1
SYLVIA COXBOARD MEMBER1
MARIE DOWLINGBOARD MEMBER1
RITA GARRIGANBOARD MEMBER1
SUSAN HOBACKBOARD MEMBER1
EULA HORRELLBOARD MEMBER1
LEE LINDSAYBOARD MEMBER1
PAT MCCALEBBOARD MEMBER1
CAROLE PRUETTBOARD MEMBER1
KATHY SMITHBOARD MEMBER1
LINDA YOAKUMBOARD MEMBER1
LYNN RUSSELLBOARD MEMBER1
ANN NEWELLBOARD MEMBER1
CINDY NORMANBOARD MEMBER1
PATTIE RUSSELLBOARD MEMBER1
PAT MASSENGILBOARD MEMBER1
TONI RUTLEDGEBOARD MEMBER1
MARSHA CAYCEEX-OFFICIO1
MARTHA MCINTOSHTREASURER1
NORANN MCMANUSPRESIDENT1
LIZ THOMASVICE-PRESIDENT1
MICHELLE MERRITTRECORDING SECRETARY1
LESLIE NOAHCORRESPONDING SECRETARY1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

KnoxvilleMemphis

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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