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University Of Memphis Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 626048540 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is University Of Memphis Foundation?

The University of Memphis Foundation is a nonprofit organization located at 635 Normal St Alumni Center 108 in Memphis, Tennessee, with the ZIP code 38152. Its primary mission involves providing financial assistance for various programs and projects that benefit the students, faculty, and staff of the University of Memphis. This includes scholarships, fellowships, and academic enrichment initiatives. The foundation manages and administers these funds to support the university's mission.


Official website here: www.memphis.edu/foundation/

Is University Of Memphis Foundation legitimate?

University Of Memphis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Memphis Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $347,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $605,539

For more financial information, click here


Official website here: www.memphis.edu/foundation/

What is the mission statement of University Of Memphis Foundation?

The University of Memphis Foundation plays a crucial role in supporting the academic community of the University of Memphis. Its mission is centered around managing and distributing funds to enhance the educational experience for students and faculty. The foundation is dedicated to scholarships, fellowships, and academic enrichment, contributing to various programs and projects that bolster the students and mission of the university. By accepting and administering these resources, the University of Memphis Foundation helps foster an environment conducive to learning and growth within the institution.


Official website here: www.memphis.edu/foundation/

Who is the CEO of University Of Memphis Foundation?

Holly Ford is the President of University Of Memphis Foundation. The CEO's salary of University Of Memphis Foundation is $0 and their total compensation is $102,925.


Official website here: www.memphis.edu/foundation/

What is the revenue of University Of Memphis Foundation?

University Of Memphis Foundation's revenue in 2022 was $55,956,820.


Official website here: www.memphis.edu/foundation/

Who are the executives of University Of Memphis Foundation and what are their salaries?

Here are 20 key members and their salaries (University Of Memphis Foundation's CEO's salary is $0 and their total compensation is $102,925):

    Carolyn Stanley (Foundation Director)
  • Compensation: $0
  • Related: $124,477
  • Other: $21,828

    • Byron Morgan (Managing Director)
  • Compensation: $0
  • Related: $104,031
  • Other: $22,243

    • Holly Ford (Foundation Ceo)
  • Compensation: $0
  • Related: $87,500
  • Other: $15,425

    • Fred Towler (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Tate (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Wilfong (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Scarboro (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry L Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sudhir Agrawal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rene Bustamante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glynna Christian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyree Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya L Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raajkumar Kurapati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daphne Large (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Little (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reginald Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Bill Hardgrave (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Wharton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memphis.edu/foundation/

    Where can I find the form 990 for University Of Memphis Foundation?

    The University Of Memphis Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memphis.edu/foundation/

    Learn more at the official website: www.memphis.edu/foundation/

    Mission Statement of University Of Memphis Foundation

    University of Memphis Foundation serves as a vital supporter and facilitator for the University of Memphis. The organization is dedicated to administering funds that contribute to the betterment of students, faculty, and staff at the University.

    The Foundation's primary objective is to provide resources for scholarships, fellowships, academic enrichment, and various other programs and projects. By accepting and managing these funds, the University of Memphis Foundation plays a crucial role in enhancing the educational experience and advancement of students. Moreover, it supports faculty and staff in their research and teaching endeavors.

    The Foundation's work extends beyond financial support, as it also contributes to the overall mission of the University of Memphis. By providing essential funds, the Foundation enables the University to develop new initiatives and maintain existing programs that benefit the students and the academic community.

    In summary, the University of Memphis Foundation acts as a dedicated partner to the University of Memphis. Through its acceptance and administration of funds, it plays a crucial role in supporting students, faculty, and staff, and contributes to the University's ongoing success.

    Impact

    This information is meant to be a general summary of University Of Memphis Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The University of Memphis Foundation's impact lies in providing crucial support to the University of Memphis. Through funding scholarships, fellowships, academic enrichment programs, and various other initiatives, the Foundation plays a vital role in supporting students, faculty, staff, and the overall mission of the university. By channeling resources towards educational advancement and academic excellence, the Foundation contributes significantly to the growth and success of the University of Memphis community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,193,268
  • Program Service Revenue: $0
  • Gross Receipts: $85,612,955

    • Assets and Liabilities:
  • Total Assets: $184,697,152
  • Total Liabilities: $6,253,081
  • Net Assets: $178,444,071
  • Organization Details

    Founding Year

    1964

    Principal Officer

    Holly Ford

    Main Address

    635 NORMAL ST ALUMNI CENTER 108, MEMPHIS, TN, 38152

    NTEE Category

    Code: B82 - Education

    If you are a representative of University Of Memphis Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.