Private Foundation

FORMANEK FOUNDATION

FORMANEK FOUNDATION, of MEMPHIS, TN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $21.3M in revenue, $10.2M in expenses, $155.4M in total assets. IRS filings disclose 113 grants awarded by this foundation, totaling roughly $25.4M.

EIN: 261565007 MEMPHIS, TN Latest filing: 2024

Total Revenue$21.3M

Total Expenses$10.2M

Total Assets$155.4M

Grants Given113

Grant Total$25.4M

Filing Years2020–2024

Sample Grants Given

YOUTH VILLAGES

MEMPHIS, TN · 2024

TO SUPPORT PROGRAMS THAT WILL SERVE BOTH CHILDREN IN NEED AS WELL AS THEIR PARENTS

$1,300,000

BROOKS MUSEUM

MEMPHIS, TN · 2024

TO PROMOTE THE PROVISION OF VISUAL ART MEDIUM THROUGH DIVERSE EXHIBITS

$1,000,000

CHURCH HEALTH CENTER

MEMPHIS, TN · 2024

TO SUPPORT THE PROVISION OF HEALTH CARE FOR UNDERINSURED PEOPLE

$750,000

RIVERFRONT DEVELOPMENT

MEMPHIS, TN · 2024

TO PROMOTE THE TRANSFORMATIVE POWER OF THE MISSISSIPPI BY SUPPORTING PUBLIC EVENTS ON THE RIVER.

$600,000

JUST CITY

MEMPHIS, TN · 2024

TO ADVANCE POLICIES AND PROGRAMS FOR DISADVANTAGED PERSONS IN CRIMINAL JUSTICE SYSTEM FOCUSING ON EXPUNGEMENT AND BAIL

$466,000

Showing up to 5 of 113 total records — full history available with membership.

Officers & Directors

SEC-TREASURER/DIRECTOR/EXEC COMM J Michael Howard Ii

DIRECTOR/EXECUTIVE COMMITTEE Jonathan Spitzer

DIRECTOR Mary Lee Copp

DIRECTOR Robin L Formanek

DIRECTOR Ryan Carroll

PRESIDENT/DIRECTOR/EXEC COMM Walter W Rotchild

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO PROMOTE PUBLIC EDUCATION AND ACADEMIC PROGRESS FOR TENNESSEE STUDENTS FROM KINDERGARTEN THROUGH CAREER

$3,454,484 4 grants

TO SUPPORT PROGRAMS THAT WILL SERVE BOTH CHILDREN IN NEED AS WELL AS THEIR PARENTS

$3,300,000 3 grants

TO PROMOTE THE PROVISION OF VISUAL ART MEDIUM THROUGH DIVERSE EXHIBITS

$3,000,000 3 grants

TO SUPPORT THE PROVISION OF HEALTH CARE FOR UNDERINSURED PEOPLE

$2,250,000 3 grants

TO PROMOTE THE TRANSFORMATIVE POWER OF THE MISSISSIPPI BY SUPPORTING PUBLIC EVENTS ON THE RIVER.

$1,800,000 3 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$21.3M	$10.2M	$155.4M
2023	$12.0M	$10.7M	$144.4M
2022	$2.4M	$11.5M	$143.0M
2020	$8.3M	$4.1M	$41.8M

Between 2020 and 2024, reported annual revenue grew from $8.3M to $21.3M (+157%), with total assets most recently reported at $155.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, CA, CO, CT, ID, IL, and 4 other states.

ALCACOCTIDILMDMEMTNJ

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for FORMANEK FOUNDATION

Complete financials, all 113 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports