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First Horizon Foundation is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 1993. The principal officer is Justin Harris. It holds total assets of $55.2M. Annual income is reported at $70.1M. The foundation is governed by 10 officers and trustees. Established in 1993 as the private charitable foundation of First Horizon Corporation, the foundation supports nonprofits creating sustainable change across its service areas. Tax records are available from 2020 to 2024. According to available records, First Horizon Foundation has made 2 grants totaling $28.2M, with a median grant of $14.1M. Annual giving has grown from $10.4M in 2020 to $17.8M in 2022. Individual grants have ranged from $10.4M to $17.8M, with an average award of $14.1M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Established in 1993 as the private charitable foundation of First Horizon Corporation, the foundation supports nonprofits creating sustainable change across its service areas. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in TN.
First Horizon Foundation has distributed a total of $28.2M across 2 grants. The median grant size is $14.1M, with an average of $14.1M. Individual grants have ranged from $10.4M to $17.8M.
Does not fund individuals, K-12 schools, political organizations, entities with primarily ideological missions, operating budget deficits, or organizations that primarily redistribute funds to other charities.
First Horizon Foundation is headquartered in MEMPHIS, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles G Burkett | CHAIRMAN/DIRECTOR | $160K | $0 | $160K |
| Tanya L Hart | DIRECTOR | $0 | $0 | N/A |
| Adella M Heard | VP/SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Lockie D Wade | CONTRIBUTIONS MGR | $0 | $0 | N/A |
| Elizabeth P Trotter | VP/SPECIAL CONTRIBUTION REQUES | $0 | $0 | N/A |
| Elizabeth A Ardoin | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| David Miller | DIRECTOR | $0 | $0 | N/A |
| Walter Doggett | TREASURER/CFO | $0 | $0 | N/A |
| Charles T Tuggle Jr | DIRECTOR | $0 | $0 | N/A |
| Hope Dmuchowski | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$55.2M
Fair Market Value
N/A
Net Worth
$55.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$28.2M
Average Grant
$14.1M
Median Grant
$14.1M
Unique Recipients
2
Most Common Grant
$17.8M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various - See Statement 18 For DetailGENERAL OPERATING FUNDS | Memphis, TN | $17.8M | 2022 |
| Various - See Attachment 12 For DetailGENERAL OPERATING FUNDS | Memphis, TN | $10.4M | 2020 |