MEMPHIS, TN
Assisi Foundation Of Memphis Inc.
Quick Facts
- EIN
- 621558722
- Location
- MEMPHIS, TN
- Category
- Philanthropy & Grantmaking
- Total Assets
- $222.9M
- Annual Income
- $78.4M
- IRS Ruling Year
- 1994
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Assisi Foundation Of Memphis Inc. is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 1994. It holds total assets of $222.9M. Annual income is reported at $78.4M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$12.4M
2022-2%
Total Assets
$205M
2022-14%
Fair Market Value
$205M
2022
Net Worth
$204.3M
2022
Grants Paid
$10.4M
2022
Contributions
$13.9M
2022
Net Investment Income
$3.6M
2022
Distribution Amount
$10.2M
2022
Total Giving by Year
$10.3M
11$11.2M
12$11M
13$14.2M
14$13.7M
15$11.3M
19$14.7M
20$12.6M
21$12.4M
22Asset Growth
$187.3M
11$198.8M
12$228.2M
13$230.1M
14$208.5M
15$220.7M
19$225.6M
20$238.1M
21$205M
22Investment Portfolio (2022)
Total: $194.5M
Corporate Stock: $133.9M
Corporate Bonds: $60.7M
Other Investments: $7.5M
Corporate Stock (66%)
Corporate Bonds (30%)
Other Investments (4%)
Expense Breakdown (2022)
Grants Paid$10.4M
Officer Compensation$295K
Depreciation$102K
Pension & Benefits$67K
Accounting Fees$35K
Travel & Conferences$8K
Revenue Sources (2022)
- Contributions
- $13.9M
- Dividends
- $3.8M
- Capital Gains (Net)
- $922K
- Interest
- $26
Financial Details (2022)
- Total Revenue
- $18.7M
- Total Expenses
- $12.4M
- Exempt Purpose Expenses
- $11.8M
- Required Distribution
- $10.2M
- Undistributed Income
- $0
- Grants Approved (Future)
- $547K
- Total Liabilities
- $748K
- Excise Tax
- $51K
- Tax Due
- $51K
Foundation Classification (2022)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
44
Total Giving
$10.5M
Average Grant
$239K
Median Grant
$118K
Grant Range
Min$3K
Max$1.5M
Median: $118K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
MA: $5K (1)
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
NJ: $3K (1)
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
DC: $75K (2)
AZ
NM
KS
AR
TN
TN: $10.4M (39)
NC
SC
OK
LA
MS
AL
GA
GA: $13K (1)
FL
HI
TX
TN$10.4M (39)
DC$75K (2)
GA$13K (1)
MA$5K (1)
NJ$3K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Metal Museum FoundationEXPANSION | Memphis, TN | $1.5M | 2022 |
| Knowledge QuestGREEN LEAF EXPANSION PHASE III | Memphis, TN | $1.3M | 2022 |
| William R Moore College Of TechBUILDING MEMPHIS WORKFORCE THROUGH MECHATRONICS | Memphis, TN | $1M | 2022 |
| St Jude Children'S Research HospitaCELL + GENE THERAPY | Memphis, TN | $750K | 2022 |
| Schoolseed FoundationBCG LITERACY INITIATIVE + WHITEHAVEN HIGH STEM BUILDING | Memphis, TN | $550K | 2022 |
| Shelby Residential Vocational ServiEXPANDING INDEPENDENCE COACH MODEL | Memphis, TN | $500K | 2022 |
| United Housing IncEXPANDING EQUITABLE LENDING SOLUTIONS | Memphis, TN | $450K | 2022 |
| Harwood CenterCLINIC ON U OF M CAMPUS | Memphis, TN | $400K | 2022 |
| Afm InitiativesBOD AFM INITIATIVES | Memphis, TN | $349K | 2022 |
| Rhodes CollegeGIVE BACK MEMPHIS | Memphis, TN | $250K | 2022 |
| St Agnes AcademyCAPITAL CAMPAIGN- MATH AND SCIENCE BUILDING | Memphis, TN | $250K | 2022 |
| My City RidesCAMPUS CAPITAL CAMPAIGN | Memphis, TN | $250K | 2022 |
| University Of MemphisINFLUENCING FIRST GENERATION SUCCESS | Memphis, TN | $250K | 2022 |
| Advocates For Immigrant RightsDEVELOPMENT DIRECTOR | Memphis, TN | $225K | 2022 |
| Dixon Gallery And GardensFREE ADMISSION | Memphis, TN | $225K | 2022 |
| Historic Clayborn TemplePROGRAM ACTIVATION | Memphis, TN | $200K | 2022 |
| Community Alliance For HomelessHOMELESS SERVICE SYSTEM IMPLEMENTATION | Memphis, TN | $200K | 2022 |
| Momentum Nonprofit PartnersBUILDING CAPACITY IN NONPROFITS | Memphis, TN | $200K | 2022 |
| Room In The Inn- MemphisRECUPERATIVE CARE CENTER | Memphis, TN | $175K | 2022 |
| Safeways IncorporatedCAPACITY BUILDING AND EXPANSION | Memphis, TN | $150K | 2022 |
| Memphis Theological SeminaryCENTER FOR CHAPLAINCY STUDIES | Memphis, TN | $125K | 2022 |
| OutmemphisMETAMORPHOSIS PROJECT | Memphis, TN | $125K | 2022 |
| Bridges UsaSOCIAL/EMOTIONAL WELLNESS | Memphis, TN | $111K | 2022 |
| Start CoSMART ENTREPRENEURSHIP INTIATIVE | Memphis, TN | $100K | 2022 |
| Memphis Fourth EstateDAILY MEMPHIAN | Memphis, TN | $100K | 2022 |
| Women'S Foundation Of Greater MemphSOUTH CITY'S DIGITAL COMMUNITY INITIATIVE | Memphis, TN | $100K | 2022 |
| Just CityJUST CITY- YEAR 2 | Memphis, TN | $100K | 2022 |
| Our Lady Of Perpetual HealthRENOVATION OF ENTRANCE/STEM LAB | Germnatown, TN | $100K | 2022 |
| Junior Achievement Of MemphisCHANGING THE NARRATIVE | Cordova, TN | $85K | 2022 |
| Fadica2022 DUES | Washington, DC | $70K | 2022 |
| Various Charities2021 GIVING | Memphis, TN | $52K | 2022 |
| Orpheum Theatre GroupGENERAL OPERATING FUNDS | Memphis, TN | $50K | 2022 |
| Memphis Teacher ResidencyRESIDENCY PROGRAM | Memphis, TN | $40K | 2022 |
| Victorian Village CdcCOVID 19 SPREAD MITIGATION | Memphis, TN | $40K | 2022 |
| Urban Art CommissionUAC OPERATING SUPPORT | Memphis, TN | $40K | 2022 |
| Tennessee Innocence ProjectEXONERATING THE INNOCENT | Nashville, TN | $35K | 2022 |
| Center For Transforming CommunitiesCOMMUNITY VOICELIVE! | Memphis, TN | $25K | 2022 |
| Boys Girls Club Of Hatchie RiverPROJECT LEARN | Covington, TN | $20K | 2022 |
| WregKNOWLEDGE BOWL | Memphis, TN | $15K | 2022 |
| Leejazz OmegaMEMPHIS JAZZ WORKSHOP OPERATIONS + CAPACITY BUILDING | Memphis, TN | $15K | 2022 |
| Philanthropy Southeast2022 DUES | Atlanta, GA | $13K | 2022 |
| Grantmakers For Effective Organizat2022 DUES | Washington, DC | $5K | 2022 |
| Center For Effective Philanthropy2022 DUES | Cambridge, MA | $5K | 2022 |
| Foundation For Financial Officers2022 DUES | Mt Royal, NJ | $3K | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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