Public Charity

MEMPHIS OPPORTUNITY SCHOLARSHIP TRUST INC

Based in MEMPHIS, TN, MEMPHIS OPPORTUNITY SCHOLARSHIP TRUST INC operates as a Public Charity. The organization reported $1.6M in revenue, $1.5M in expenses, $8.0M in total assets for fiscal year 2025. Imperigo tracks 73 reported grant relationships connected to this organization totaling approximately $5.7M.

EIN: 621723618 MEMPHIS, TN Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$1.6M
Total Expenses$1.5M
Total Assets$8.0M
Grant Records73
Funding Total$5.7M
Filing Years2020–2025

Mission

OUR MISSION IS TO GIVE PARENTS THE OPPORTUNITY TO CHOOSE THE MOST APPROPRIATE SCHOOL FOR THEIR CHILDREN. BY PROVIDING EDUCATIONAL OPPORTUNITIES TO FAMILIES IN NEED, MOST SEEKS TO PROMOTE EXCELLENCE IN EDUCATION.

Officers & Directors

PAST EXECUTIVE DIRECTOR Abbey S Cowens
DIRECTOR Barbara Meloni
DIRECTOR Bob Solmson
TREASURER Calvin Sullivan
BOARD CHAIR E Carl Krausnick Jr
DIRECTOR Ellis L Haguewood

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATIONAL SUPPORT
$3,130,901 29 grants
FOR EXEMPT PURPOSE
$578,376 6 grants
To provide partial scholarship awards to children from low-income families
$555,346 5 grants
EDUCATIONAL
$516,248 7 grants
For grant recipient's exempt purposes
$282,200 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.6M $1.5M $8.0M
2024 $1.8M $1.5M $7.8M
2023 $1.8M $1.4M $7.5M
2021 $635K $1.2M $4.8M
2020 $696K $1.2M $5.4M

Between 2020 and 2025, reported annual revenue grew from $696K to $1.6M (+134%), with total assets most recently reported at $8.0M.

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

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