Public Charity

MEMPHIS EDUCATION FUND INC

MEMPHIS EDUCATION FUND INC, of MEMPHIS, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.0M in revenue, $5.6M in expenses, $3.4M in total assets. 29 publicly reported grants to this organization, totaling roughly $16.5M, appear in IRS filings.

EIN: 473660677 MEMPHIS, TN Educational Services NTEE: B90 Latest filing: 2025
Total Revenue$5.0M
Total Expenses$5.6M
Total Assets$3.4M
Grant Records29
Funding Total$16.5M
Filing Years2021–2025

Mission

TO WORK IN PARTNERSHIP WITH THE SHELBY COUNTY SCHOOL DISTRICT AND THE ACHIEVEMENT SCHOOL DISTRICT ON STRATEGIES THAT SUPPORT SCHOOL IMPROVEMENT, DEVELOPMENT, AND IMPLEMENTATION OF INITIATIVES FOCUSED ON INCREASING K-12 EDUCATIONAL OUTCOMES IN THE GREATER MEMPHIS, TN AREA.

Where $100 goes at Memphis Education Fund Inc

How Memphis Education Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$85
Development and implementation of initiatives focused on increasing the K-12 educational outcomes in the greater Memphis, tennessee area
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
CHARTER SCHOOL CAPACITY-BUILDING
$3,360,000
2024
OF SUPPORTING THE GRANTEE'S CONTINUED FOCUS ON IMPROVING ACADEMIC ACHIEVEMENT AND ACCESS TO BETTER SCHOOL OPTIONS FOR MEMPHIS-SHELBY COUNTY STUDENTS WITH A COMPREHENSIVE APPROACH TO EFFECTIVE POLICY ADVOCACY, ACCOUNTABILITY, AND DATA & RESEARCH AND OF SUPPORTING ITS SUMMER BOOST INITIATIVE.
$175,000
2024
GENERAL OPERATIONAL SUPPORT
$7,000
2023
TO SUPPORT GRANTEE'S ADVOCACY COALITION WORK WITH A CAPABLE MIX OF LOCAL AND NATIONAL ORGANIZATIONS
$800,000

Showing up to 5 of 29 total records — full history available with membership.

Officers & Directors

DIRECTOR OF FINANCE AND ST Binh Doan
BOARD MEMBER Bobby White
CHAIRMAN Darryl Cobb
BOARD MEMBER Sheri Catron Cooper
CEO Terence Patterson
BOARD MEMBER Tomeka Hart

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,189,750 18 grants
Education
$3,685,000 3 grants
Civil Rights & Social Justice
$800,000 1 grant
Human & Social Services
$6,268 1 grant
Unspecified
$2,780,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.0M $5.6M $3.4M
2024 $4.9M $4.7M $3.8M
2023 $3.5M $3.9M $2.2M
2022 $4.2M $3.6M $5.4M
2021 $3.0M $4.6M $2.2M

Between 2021 and 2025, reported annual revenue grew from $3.0M to $5.0M (+65%), with total assets most recently reported at $3.4M.

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

See the full picture for MEMPHIS EDUCATION FUND INC

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