Mission
THE FOUNDATION ACCEPTS, MANAGES, AND DISBURSES PRIVATE SUPPORT TO THE UNIVERSITY OF MEMPHIS.
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. 309 publicly reported grants to this organization, totaling roughly $152.6M, appear in IRS filings.
EIN: 626048540
MEMPHIS, TN
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$66.4M
Total Expenses$30.2M
Total Assets$347.2M
Grant Records309
Funding Total$152.6M
Filing Years2021–2025
Where $100 goes at University of Memphis Foundation
How University of Memphis Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$95
Programs
the work itself
$5
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 $95 for programs
$95
The foundation provides funds for scholarships, fellowships, academic enrichment, and various other programs and projects in support of the students, faculty, staff and mission of the university of…
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
PROGRAM SUPPORT
$21,000
GENERAL SUPPORT
$20,000
GENERAL SUPPORT
$14,820
GENERAL SUPPORT
$5,320
FUNDING FOR ATHLETIC PROGRAM
$11,987,360
Showing up to 5 of 309 total records — full history available with membership.
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
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.