NonprofitsMemphis Education Fund Inc

Education

Memphis Education Fund Inc

MEMPHIS, TN

Total revenue

$4.9M

Total expenses

$4.7M

Net assets

$1.6M

Grants received

$20.8M

37 grants

EIN

473660677

Tax year

2024

Mission

Establishing initiatives and developing strategies to support teachers, schools, and community to improve memphis public education.

Financials

FY 2024

Revenue

Contributions & grants$4.7M
Program service revenue
Investment income$2K
Other revenue$156K
Total revenue$4.9M

Expenses

Grants paid$3.1M
Salaries & benefits$891K
Fundraising
Other expenses$723K
Total expenses$4.7M
Total assets$3.8M
Net assets$1.6M

People

10 listed

NameRoleCompensation

TERENCE PATTERSON

CEO

Board

$257K

40 hrs/wk

TIMICO BOYKINS-COX

TREASURER

Board

1 hrs/wk

DAVID MANSOURI

BOARD MEMBER

Board

1 hrs/wk

HOLLY COLEMAN

BOARD MEMBER

Board

1 hrs/wk

DARRYL COBB

CHAIRMAN

Board

2 hrs/wk

TOMEKA HART

BOARD MEMBER

Board

1 hrs/wk

MICHELLE ARMSTRONG

BOARD MEMBER

Board

1 hrs/wk

DORSEY HOPSON

BOARD MEMBER

Board

1 hrs/wk

VENITA M DOGGETT

DIRECTOR OF ADVOCACY

Staff

$152K

40 hrs/wk

BINH DOAN

DIRECTOR OF FINANCE AND STRATEGY

Staff

$106K

40 hrs/wk

Independent contractors

CROSSTOWN MASTER TENANT LLC

RENT

$386K

Grants received

Showing 37 of 37

FromAmountPurposeYear
$3.4M
CHARTER SCHOOL CAPACITY-BUILDING
2024
$64K
PUBLIC AWARENESS AND ANALYSIS
2024
$7K
GENERAL OPERATIONAL SUPPORT
2024
$884K
SUPPORT FOR GENERAL OPERATIONS AND PARTNER ORGANIZATION GRANTMAKING/SUPPORT FOR INTERVENTION SOFTWARE AND TEACHER AND STUDENT INCENTIVES
2023
$800K
TO SUPPORT GRANTEE'S ADVOCACY COALITION WORK WITH A CAPABLE MIX OF LOCAL AND NATIONAL ORGANIZATIONS
2023
$250K
CHARTER SCHOOL CAPACITY-BUILDING
2023
$110K
CHARTER SCHOOL CAPACITY-BUILDING
2023
$50K
CHARTER SCHOOL CAPACITY-BUILDING
2023
$750K
SUPPORT FOR GENERAL OPERATIONS & PARTNER ORGANIZATION GRANTMAKING
2022
$373K
GENERAL OPERATIONAL SUPPORT
2022
$150K
TO SUPPORT STRATEGIC PLANNING FOR A SCHOOL LAUNCH FELLOWSHIP
2022
$20K
CHARTER SCHOOL CAPACITY-BUILDING
2022
$1.6M
OPERATING SUPPORT
2021
$598K
GENERAL OPERATIONAL SUPPORT
2021
$2.2M
SUPPORT FOR ADVOCACY & GENERAL OPERATIONS
2020
$1.7M
OPERATING SUPPORT
2020
$875K
GENERAL OPERATIONAL SUPPORT
2020
$6K
TO PROVIDE FUNDING FOR ART2GO FOR PITTSBURGH'S ELDERLY POPULATION
2020
$875K
GENERAL OPERATIONAL SUPPORT
2019
$948K
GENERAL OPERATIONAL SUPPORT
2018
$720K
GENERAL OPERATIONAL SUPPORT
2018
$656K
PROGRAM SUPPORT
2018
$250K
GENERAL OPERATIONAL SUPPORT
2018
$188K
GENERAL OPERATIONAL SUPPORT
2018
$188K
GENERAL OPERATIONAL SUPPORT
2018
$167K
GENERAL OPERATIONAL SUPPORT
2018
$150K
CHARTER SCHOOL GROWTH
2018
$100K
GENERAL OPERATIONAL SUPPORT
2018
$12K
GENERAL OPERATIONAL SUPPORT
2018
$9K
GENERAL OPERATIONAL SUPPORT
2018
$6K
GENERAL OPERATIONAL SUPPORT
2018

Funded by

$20.8M from 8 funders · 37 grants · 2018–2024

Community Foundation

$5.3M · 15 grants · 2018–2024

City Fund

$4.2M · 4 grants · 2020–2023

Charter Fund Inc

$3.9M · 6 grants · 2018–2024

Jr Hyde Iii Family Foundation

$3.9M · 3 grants · 2020–2023

Tennessee State Collaborative On

$2.8M · 6 grants · 2019–2024

Christian Community Foundation Of

$656K · 1 grant · 2018

Gates Foundation

$64K · 1 grant · 2024

In Our Backyards Inc

$6K · 1 grant · 2020

Details

EIN473660677
NTEE codeB90
Subsection03
Ruling date2016-04
Formed2015
Employees7
Volunteers0
MEMPHIS EDUCATION FUND INC — Mission, Financials & Grants Received | Grantivo