Totals
- Total revenue
- $9,328,096
- Total expenses
- $918,530
- Contributions and grants received
- $9,367,224
- Grants paid
- $294,000
- Program service revenue
- $0
- Investment income
- $84,913
- Other revenue
- -$124,041
- Total assets, end of year
- $8,848,834
- Total liabilities, end of year
- $387,244
- Net assets or fund balances, end of year
- $8,461,590
- Program services expenses (Part IX)
- $546,822
- Management and general expenses
- $223,716
- Fundraising expenses
- $147,992
- Program service expenses (Part III)
- $546,822
Program services were 59.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$203,797
-
1e · Government grants (contributions)
$17,974
-
1f · All other contributions, gifts and grants
$9,145,453
-
3 · Investment income
total $88,913 · excluded $88,913
-
7b · Less cost or other basis and sales expenses
securities $4,000
-
7c · Gain or loss
securities -$4,000
-
7d · Net gain or loss
total -$4,000 · related or exempt -$4,000
-
8a · Fundraising events: gross income
$21,603
-
8a · Fundraising events: contributions included on line 1c
$203,797
-
8b · Fundraising events: direct expenses
$145,644
-
8c · Net income from fundraising events
total -$124,041
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $294,000 · program services $294,000
-
5 · Compensation of officers, directors and key employees
total $148,748 · program services $66,599 · management and general $48,850 · fundraising $33,299
-
7 · Other salaries and wages
total $88,357 · management and general $32,462 · fundraising $55,895
-
9 · Other employee benefits
total $10,824 · program services $3,064 · management and general $3,758 · fundraising $4,002
-
10 · Payroll taxes
total $19,060 · program services $5,301 · management and general $6,551 · fundraising $7,208
-
11b · Fees: legal
total $9,252 · management and general $9,252
-
11c · Fees: accounting
total $15,534 · management and general $15,534
-
11e · Fees: professional fundraising services
total $13,000 · fundraising $13,000
-
11f · Fees: investment management
total $5,212 · management and general $5,212
-
11g · Fees: other
total $55,154 · program services $32,844 · management and general $22,112 · fundraising $198
-
12 · Advertising and promotion
total $77,068 · program services $76,068 · management and general $1,000
-
13 · Office expenses
total $51,233 · program services $6,134 · management and general $28,047 · fundraising $17,052
-
14 · Information technology
total $21,104 · program services $722 · management and general $7,554 · fundraising $12,828
-
16 · Occupancy
total $39,809 · management and general $39,809
-
17 · Travel
total $22,001 · program services $16,865 · management and general $2,007 · fundraising $3,129
-
19 · Conferences, conventions and meetings
total $3,062 · program services $2,041 · management and general $135 · fundraising $886
-
23 · Insurance
total $1,050 · management and general $555 · fundraising $495
-
24a · Other expenses: LEGACY PROGRAM EXPENSES
total $28,317 · program services $28,317
-
24b · Other expenses: AWARENESS PROGRAM EXPENSE
total $14,585 · program services $14,585
-
24c · Other expenses: VOLUNTEER APPRECIATION
total $883 · program services $282 · management and general $601
-
24d · Other expenses: STAFF DEVELOPMENT
total $277 · management and general $277
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $2,236,469
-
3 · Pledges and grants receivable
end of year $177,151
-
9 · Prepaid expenses and deferred charges
end of year $75,367
-
11 · Investments: publicly traded securities
end of year $6,252,036
-
15 · Other assets
end of year $107,811
-
17 · Accounts payable and accrued expenses
end of year $279,433
-
25 · Other liabilities
end of year $107,811
-
27 · Net assets without donor restrictions
end of year $8,461,590
Mission and programs · 2025
Mission
THROUGH THE LIFE AND LEGACY OF PAT SUMMITT, THE FOUNDATION ADVANCES RESEARCH, PROVIDES SUPPORT FOR PATIENTS AND CAREGIVERS, AND PROMOTE EDUCATION AND AWARENESS ABOUT ALZHEIMER'S DISEASE.
-
THROUGH THE LIFE AND LEGACY OF PAT SUMMITT, THE FOUNDATION ADVANCES RESEARCH, PROVIDES SUPPORT FOR PATIENTS AND CAREGIVERS, AND PROMOTE EDUCATION AND AWARENESS ABOUT ALZHEIMER'S DISEASE.
Expenses $546,822 · Grants $294,000
As filed on the 2025 return.
Listed in Part VII
-
Morgan VanceMORGAN VANCE
EXECUTIVE DI
- Total calculated
- $77,748
- From this org
- $77,748
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Adam WallerADAM WALLER
SECRETARY
- Total calculated
- $71,000
- From this org
- $71,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Joan CronanJOAN CRONAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danielle DonehewDANIELLE DONEHEW
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
William EdwardsWILLIAM EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dan HolbrookDAN HOLBROOK
ADVISORY BOA
- Total calculated
- $0
- Hours/week
- 1
-
Tyler SummitTYLER SUMMIT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
THE UNIVERSITY OF TENNESEE MEDICAL CENTER
$250,000
SUPPORT
-
INDIANA UNIVERSITY BLOOMINGTON
$19,000
SUPPORT
-
$15,000
SUPPORT
-
YOUNGTIMERS
$10,000
SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 2 July 2026
- IRS schema version
- 2025v4.0
- Source object
- 202631879349300973
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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