NonprofitsMemphis Bioworks Foundation

Medical Research

Memphis Bioworks Foundation

MEMPHIS, TN

Total revenue

Total expenses

$29K

Net assets

$5.9M

Grants received

$1.5M

8 grants

EIN

621858660

Tax year

2024

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 bioscience industries.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income
Other revenue
Total revenue

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$29K
Total expenses$29K
Total assets$6.0M
Net assets$5.9M

People

2 listed

NameRoleCompensation

LORIE JERNIGAN

PRESIDENT

Board

2 hrs/wk

CORIE RIVERS

SECRETARY AND TREASURER

Board

2 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$166K
GENERAL OPERATIONAL SUPPORT
2021
$123K
GENERAL OPERATIONAL SUPPORT
2020
$385K
CAPITAL CAMPAIGN
2019
$210K
GENERAL OPERATIONAL SUPPORT
2018
$201K
GENERAL OPERATIONAL SUPPORT
2018
$175K
GENERAL OPERATIONAL SUPPORT
2018
$140K
GENERAL OPERATIONAL SUPPORT
2018
$80K
GENERAL OPERATIONAL SUPPORT
2018

Funded by

$1.5M from 1 funder · 8 grants · 2018–2021

Community Foundation

$1.5M · 8 grants · 2018–2021

Details

EIN621858660
NTEE codeH059
Subsection03
Ruling date2002-02
Formed2001
Employees0
Volunteers2
MEMPHIS BIOWORKS FOUNDATION — Mission, Financials & Grants Received | Grantivo