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UNIVERSITY OF MEMPHIS FOUNDATION

EIN 62-6048540 MEMPHIS, TN

Revenue 2024
$66,402,207
Expenses 2024
$30,158,057

Program services were 94.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B110
Classification
2000
Street
411 ADMINISTRATION BLDG

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • DR BILL HARDGRAVE

    DIRECTOR

    Total calculated
    $736,452
    From this org
    $0
    From related orgs
    $711,906
    Other
    $24,546
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $681,306 related
    Bonus
    $0
    Other
    $0 + $30,600 related
    Deferred
    $0 + $650 related
    Nontaxable benefits
    $0 + $23,896 related
    Filer's total
    $0 + $736,452 related

  • RENE BUSTAMANTE

    DIRECTOR

    Total calculated
    $377,097
    From this org
    $0
    From related orgs
    $323,219
    Other
    $53,878
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $292,119 related
    Bonus
    $0
    Other
    $0 + $31,100 related
    Deferred
    $0 + $30,573 related
    Nontaxable benefits
    $0 + $23,305 related
    Filer's total
    $0 + $377,097 related

  • DAVID TATE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • JOHN WILFONG

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • GLYNNA CHRISTIAN

    VICE PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    1

  • TANYA HART

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • REGINALD PORTER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • FRED TOWLER

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SUDHIR AGRAWAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARK CHRISTOPHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HOLLY GOUGHNOUR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURALAN GRISONI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAPHNE LARGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN MICKEY ROBINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DOUGLAS SCARBORO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID SCULLY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MONICA WHARTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HARRY SMITH

    DIRECTOR (THRU 12/31/24)

    Total calculated
    $0
    Hours/week
    1

  • HOLLY FORD

    FOUNDATION CEO

    Total calculated
    $204,378
    From this org
    $174,099
    From related orgs
    $0
    Other
    $30,279
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $173,199
    Bonus
    $300
    Other
    $600
    Deferred
    $18,721
    Nontaxable benefits
    $11,558
    Filer's total
    $204,378

  • MARK NICELL

    FOUNDATION CBO

    Total calculated
    $159,117
    From this org
    $145,153
    From related orgs
    $0
    Other
    $13,964
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $143,553
    Bonus
    $1,000
    Other
    $600
    Deferred
    $13,964
    Nontaxable benefits
    $0
    Filer's total
    $159,117

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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $66,402,207
    Expenses
    $30,158,057
    Contributions
    $53,410,987
    Grants paid
    $28,528,195
  • 2023
    Revenue
    $40,949,256
    Expenses
    $22,804,922
    Contributions
    $29,105,214
    Grants paid
    $21,569,885
  • 2022
    Revenue
    $47,641,079
    Expenses
    $32,781,998
    Contributions
    $43,126,201
    Grants paid
    $12,684,362

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.