University of Memphis Foundation

MEMPHIS, TN EIN: 62-6048540 Website

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

Financial Overview

From 2024 IRS Form 990-PF

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$31M$46M$62M20202021202220232024
Metric202420232022
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

$0$3M$7M$10M$13M1 grants20201 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

UNIVERSITY OF MEMPHIS$9.5MUNIVERSITY OF MEMPHIS$3.8M

Grant Size Distribution

6 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does University of Memphis Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

HOLLY FORDFOUNDATION CEO$170KMARK NICELLFOUNDATION CBO$136K

From 2024 filing

NameTitleHoursCompensation
DAVID TATEPRESIDENT1
JOHN WILFONGVICE PRESIDENT1
TANYA HARTTREASURER1
GLYNNA CHRISTIANSECRETARY1
FRED TOWLERIMMEDIATE PAST PRESIDENT1
SUDHIR AGRAWALDIRECTOR1
RENE BUSTAMANTEDIRECTOR1
LAURALAN GRISONIDIRECTOR1
DR BILL HARDGRAVEDIRECTOR1
DAPHNE LARGEDIRECTOR1
DR REGINALD PORTERDIRECTOR1
JOHN MICKEY ROBINSONDIRECTOR1
DR DOUGLAS SCARBORODIRECTOR1
HARRY SMITHDIRECTOR1
MONICA WHARTONDIRECTOR1
TYREE DANIELSDIRECTOR (TERM END 8/31/23)1
RAAJKUMAR KURAPATIDIRECTOR (TERM END 8/31/23)1
HOLLY FORDFOUNDATION CEO30$169,553
MARK NICELLFOUNDATION CBO30$136,192

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Memphis

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

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