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.
Public Charity
MEMPHIS BIOWORKS FOUNDATION
MEMPHIS BIOWORKS FOUNDATION is a Public Charity headquartered in MEMPHIS, TN. Financial data from the 2025 filing: $33 revenue, $47K expenses, $6.0M total assets. 9 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.
EIN: 621858660
MEMPHIS, TN
Research Institutes & Public Policy Analysis
NTEE: H05
Latest filing: 2025
Total Revenue$33
Total Expenses$47K
Total Assets$6.0M
Grant Records9
Funding Total$1.5M
Filing Years2020–2025
Where $100 goes at Memphis Bioworks Foundation
How Memphis Bioworks Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$54
Programs
the work itself
$45
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $54 for programs
$54
Lead economic development programs focused on developing infrastructure, education/workforce, and entrepreneurship in the life sciences and industrial bioscience areas
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
GENERAL OPERATIONAL SUPPORT
$166,250
GENERAL OPERATIONAL SUPPORT
$122,500
CAPITAL CAMPAIGN
$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
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $33 | $47K | $6.0M |
| 2024 | — | $29K | $6.0M |
| 2023 | $21 | $48K | $6.0M |
| 2022 | $2K | $19K | $6.1M |
| 2020 | $1.9M | $11.9M | $21.3M |
Between 2020 and 2025, reported annual revenue declined from $1.9M to $33 (-100%), with total assets most recently reported at $6.0M.
Interactive year-over-year charts and full filing details available with membership.