Public Charity

UNIVERSITY OF MEMPHIS FOUNDATION

UNIVERSITY OF MEMPHIS FOUNDATION is a Public Charity headquartered in MEMPHIS, TN. Financial data from the 2025 filing: $66.4M revenue, $30.2M expenses, $347.2M total assets. 298 publicly reported grants to this organization, totaling roughly $138.9M, appear in IRS filings.

EIN: 626048540 MEMPHIS, TN Latest filing: 2025
Total Revenue$66.4M
Total Expenses$30.2M
Total Assets$347.2M
Grant Records298
Funding Total$138.9M
Filing Years2021–2025

Mission

THE FOUNDATION ACCEPTS, MANAGES, AND DISBURSES PRIVATE SUPPORT TO THE UNIVERSITY OF MEMPHIS.

Officers & Directors

DIRECTOR Daphne Large
DIRECTOR David Scully
PRESIDENT David Tate
DIRECTOR Douglas Scarboro
DIRECTOR Dr Bill Hardgrave
IMMEDIATE PAST PRESIDENT Fred Towler

Officer compensation and complete director data available with membership.

Top Grant Purposes

FUNDING FOR ATHLETIC PROGRAM
$73,474,356 10 grants
GENERAL OPERATIONAL SUPPORT
$25,818,396 53 grants
PROGRAM SUPPORT
$12,197,885 21 grants
FCBE BUILDING MODERNIZATION FUND
$7,369,674 1 grant
For grant recipient's exempt purposes
$3,293,575 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $66.4M $30.2M $347.2M
2024 $40.9M $22.8M $264.3M
2023 $47.6M $32.8M $222.7M
2022 $56.0M $28.0M $184.7M
2021 $38.7M $32.5M $175.4M

Between 2021 and 2025, reported annual revenue grew from $38.7M to $66.4M (+72%), with total assets most recently reported at $347.2M.

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

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