Public Charity

MEMPHIS BIOWORKS FOUNDATION

MEMPHIS BIOWORKS FOUNDATION is a Public Charity headquartered in MEMPHIS, TN. Financial data from the 2024 filing: $29K expenses, $6.0M total assets. 9 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.

EIN: 621858660 MEMPHIS, TN Latest filing: 2024
Total Expenses$29K
Total Assets$6.0M
Grant Records9
Funding Total$1.5M
Filing Years2019–2024

Mission

THE FOUNDATION IS EXECUTING A STRATEGIC BUSINESS PLAN THAT LEVERAGES THE COMPETITIVE STRENGTHS WITHIN THE REGION WHILE EXPANDING THE INFRASTRUCTURE, EDUCATIONAL OPPORTUNITIES, AND ENTREPRENEUR SUPPORT NEEDED TO EXPAND ENTREPRENEURSHIP.

Sample Grants Received

2021
GENERAL OPERATIONAL SUPPORT
$166,250
2020
GENERAL OPERATIONAL SUPPORT
$122,500
$385,000
GENERAL OPERATIONAL SUPPORT
$210,000
GENERAL OPERATIONAL SUPPORT
$201,250

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

SECRETARY AND TREASURER Corie Rivers
PRESIDENT Lorie Jernigan

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATIONAL SUPPORT
$1,095,000 7 grants
CAPITAL CAMPAIGN
$385,000 1 grant
REVITALIZATION OF MEDICAL CENTER DISTRICT
$65,582 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $29K $6.0M
2023 $21 $48K $6.0M
2022 $2K $19K $6.1M
2020 $1.9M $11.9M $21.3M
2019 $4.7M $6.4M $24.0M

Between 2019 and 2023, reported annual revenue declined from $4.7M to $21 (-100%), with total assets most recently reported at $6.0M.

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

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