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Formanek Foundation is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 2008. It holds total assets of $155.4M. Annual income is reported at $22M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Formanek Foundation has made 79 grants totaling $13.1M, with a median grant of $50K. Annual giving has grown from $2.7M in 2020 to $7.7M in 2022. Individual grants have ranged from $250 to $1.8M, with an average award of $165K. The foundation has supported 55 unique organizations. The foundation primarily supports organizations in Tennessee, California, Maine, which account for 66% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Formanek Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 79 grants. Its grantmaking reaches organizations primarily in TN, CA, ME.
Formanek Foundation has distributed a total of $13.1M across 79 grants. The median grant size is $50K, with an average of $165K. Individual grants have ranged from $250 to $1.8M.
ORGANIZATION MUST BE QUALIFIED UNDER 501(C)(3). RESTRICTIONS AND LIMITATIONS ONLY IF SPECIFICIED IN GRANT AGREEMENT.
Formanek Foundation is headquartered in MEMPHIS, TN. While based in TN, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robin L Formanek | DIRECTOR | $0 | $0 | $0 |
| Mary Lee Copp | DIRECTOR | $0 | $0 | $0 |
| Ryan Carroll | DIRECTOR | $0 | $0 | $0 |
| Jonathan Spitzer | DIRECTOR/EXECUTIVE COMMITTEE | $0 | $0 | $0 |
| J Michael Howard Ii | SEC-TREASURER/DIRECTOR/EXEC COMM | $0 | $0 | $0 |
Total Giving
$10.7M
Total Assets
$144.4M
Fair Market Value
$173.9M
Net Worth
$144.4M
Grants Paid
$7.4M
Contributions
$0
Net Investment Income
$9.3M
Distribution Amount
$8.5M
Total: $16
Total Grants
79
Total Giving
$13.1M
Average Grant
$165K
Median Grant
$50K
Unique Recipients
55
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| E Fay Jones ConservancyTO SUPPORT ARCHITECTURAL EDUCATION | Memphis, TN | $100K | 2022 |
| Integrated HealthTO HELP REMOVE CHILDREN'S HEALTH BARRIERS TO LEARNING | Brunswick, ME | $75K | 2021 |
| Village Of HopeTO SUPPORT TRANSITIONAL HOME FOR AT-RISK WOMEN AND CHILDREN | Dallas, TX | $5K | 2020 |
| St Mary'S SchoolTO PROMOTE EDUCATION IN A RELIGIOUS SETTING | Memphis, TN | $3K |
Other foundations that have funded Formanek Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Jonathan P Formanek Foundation | $575K | 2021 | TO SUPPORT A VARIETY OF RELIGIOUS, ART, JUSTICE, AND OTHER CULTURAL PROGRAMS |
| Walter W Rotchild |
| PRESIDENT/DIRECTOR/EXEC COMM |
| $0 |
| $0 |
| $0 |
| 2020 |
| State Collaborative On Reforming Education (Tn Score)TO PROMOTE PUBLIC EDUCATION AND ACADEMIC PROGRESS FOR TENNESSEE STUDENTS FROM KINDERGARTEN THROUGH CAREER | Nashville, TN | $1.8M | 2022 |
| Youth VillagesTO SUPPORT PROGRAMS THAT WILL SERVE BOTH CHILDREN IN NEED AS WELL AS THEIR PARENTS | Memphis, TN | $1M | 2022 |
| Brooks MuseumTO PROMOTE THE PROVISION OF VISUAL ART MEDIUM THROUGH DIVERSE EXHIBITS | Memphis, TN | $1M | 2022 |
| Church Health CenterTO SUPPORT THE PROVISION OF HEALTH CARE FOR UNDERINSURED PEOPLE | Memphis, TN | $1M | 2022 |
| Riverfront DevelopmentTO PROMOTE THE TRANSFORMATIVE POWER OF THE MISSISSIPPI BY SUPPORTING PUBLIC EVENTS ON THE RIVER. | Memphis, TN | $600K | 2022 |
| MusoTO PROMOTE EFFORT TO ELIMINATE PREVENTABLE DEATHS ROOTED IN POVERTY | San Francisco, CA | $400K | 2022 |
| Integrate HealthTO HELP REMOVE CHILDREN'S HEALTH BARRIERS TO LEARNING | Brunswick, ME | $275K | 2022 |
| Jacaranda HealthTO HELP REACH UNDER-SERVED MOTHERS AND BABIES THROUGH GOVERNMENT HOSPITALS | Nairobi | $250K | 2022 |
| Healthy LearnersTO PROMOTE THE PROVISION OF MEDICAL, DENTAL, AND VISION CARE FOR STUDENTS LIVING IN PROVERTY IN SC | Columbia, SC | $250K | 2022 |
| Earth EnableTO INSTALL EARTHERN SEALED FLOORS OVER DIRT FLOORS OF PERSONS LIVING IN PROVERTY IN ORDER TO PROMOTE THE HEALTH AND IMPROVE LIVING CONDITIONS. | Jinja | $213K | 2022 |
| Just CityTO ADVANCE POLICIES AND PROGRAMS FOR DISADVANTAGED PERSONS IN CRIMINAL JUSTICE SYSTEM FOCUSING PN EXPUNGEMENT AND BAIL | Memphis, TN | $200K | 2022 |
| Community LiftTO IMPROVE MEMPHIS BY THE REVIVAL OF ITS DISINVESTED NEIGHBORHOODS | Memphis, TN | $165K | 2022 |
| Tennessee Innocence ProjectTO PROMOTE THE INVESTIGATION AND LITIGATION OF PERSONS WITH EVIDENCE OF ACTUAL INNOCENCE | Nashville, TN | $106K | 2022 |
| Protect Our AquiferTO SUPPORT THE PROTECTION AND PRESERVATION OF THE MEMPHIS SAND AQUIFER | Memphis, TN | $100K | 2022 |
| Ceo WorksTO SUPPORT COMPREHENSIVE EMPLOYMENT ACCESS FOR NEWLY RELEASED INMATES FROM NY PRISON AND CORRECTION CENTERS | New York, NY | $75K | 2022 |
| Sasamani FoundationTO SUPPORT GENDER EQUALITY IN EDUCATIONAL AND EMPLOYMENT OPPORTUNITIES | Old Mystic, CT | $50K | 2022 |
| Archer School For GirlsTO PROMOTE AND EXPAND THE LEARNING EXPERIENCE OF GIRLS INTELLECTUALLY AND EMOTIONALLY. | Los Angeles, CA | $50K | 2022 |
| St Mary'S Parish Soup KitchenTO PROVIDE FOOD FOR THE POOR AND HOMELESS IN MEMPHIS, TENNESSEE | Memphis, TN | $40K | 2022 |
| St Matthew'S Parish SchoolTO SUPPORT THE EPISCOPAL PRE-SCHOOL THROUGH 8TH GRADE EDUCATION AND RELIGIOUS TRAINING OF CHILDREN | Pacific Palisades, CA | $30K | 2022 |
| Iris OrchestraTO SUPPORT AND PROMOTE THE ARTS IN THE MID-SOUTH | Germantown, TN | $75K | 2021 |
| Give DirectlyTO HELP THE EXTREME POOR PRIMARILY IN KENYA, UGANDA, AND RWANDA, AFRICA | New York, NY | $50K | 2021 |
| Teach For AmericaTO REACH CHILDREN IN CIRCUMSTANCES WHERE THEY ARE DENIED ACCESS TO EXCELLENT EDUCATION - TO HELP ALL CHILDREN REALIZE THEIR POTENTIAL | New York, NY | $50K | 2021 |
| Cri-Operation FistulaTO FUND MEDICAL RESEARCH TO END OBSTETRIC FISTULA | Austin, TX | $50K | 2021 |
| Mid-South Food BankTO HELP ELIMINATE HUNGER IN MID-SOUTH | Memphis, TN | $50K | 2021 |
| Doctors Without BordersTO SUPPORT LIFESAVING MEDICAL CARE WHERE NEEDED MOST IN THE WORLD | New York, NY | $50K | 2021 |
| Facing History And OurselvesTO SUPPORT THE IDEA THAT STUDENTS CAN LEARN FROM HISTORY TO ADDRESS SIMILAR ISSUES THEY MAY FACE | Memphis, TN | $25K | 2021 |
| Equal Justice InitiativeTO PROMOTE EQUAL ACCESS TO JUSTICE | Montgomery, AL | $25K | 2021 |
| Memphis Interfaith AssociationTO SUPPORT THE DEVELOPMENT OF SOLUTIONS THAT WILL HELP VUNERABLE PERSONS LIVE WITH INDEPENDENCE AND DIGNITY | Memphis, TN | $25K | 2021 |
| Jiff IncTO HELP REDUCE JUVENILE RECIDIVISM | Memphis, TN | $25K | 2021 |
| Levitt ShellTO SUPPORT DIVERSE COMMUNITY THROUGH MUSIC | Memphis, TN | $5K | 2021 |
| Slingshot MemphisGENERAL CHARITABLE - TO FIGHT POVERTY AND ITS EFFECTS IN MEMPHIS | Memphis, TN | $75K | 2020 |
| Johns Hopkins MedicineTO SUPPORT MEDICAL RESEARCH FOR SCLERODERMA (RESTRICTED) | Baltimore, MD | $50K | 2020 |
| Operation FistulaTO FUND MEDICAL RESEARCH TO END OBSTETRIC FISTULA | Austin, TX | $50K | 2020 |
| Shelby Farms Park ConservancyTO IMPROVE PARK IN CONJUNCTION WITH AND FOR COMMUNITY | Memphis, TN | $25K | 2020 |
| Stokes Brown Fund (Comm Fd Mphs)TO SUPPORT LOCAL CAUSES | Memphis, TN | $20K | 2020 |
| Boys & Girls Club Of Greater MemphisTO REACH OUT TO AT-RISK YOUTH IN MEMPHIS | Memphis, TN | $13K | 2020 |
| Arts MemphisTO STRENGTHEN THE CULTURAL VITALITY OF MEMPHIS, TENNESSEE | Memphis, TN | $5K | 2020 |
| Memphis Botanical GardenTO SUPPORT ENVIRONMENTAL AWARENESS | Memphis, TN | $5K | 2020 |
| Tennessee ShakesphereTO HELP SUSTAIN CLASSICAL PROFESSIONAL THEATRE IN MEMPHIS, TENNESSEE | Cordova, TN | $5K | 2020 |
| Wood River YmcaTO SUPPORT PROGRAMS THAT BUILD STRONG KIDS, FAMILY, AND COMMUNITY | Ketchum, ID | $5K | 2020 |
| Dixon Gallery & GardensTO SUPPORT AND PROMOTE THE ARTS IN MEMPHIS, TENNESSEEGENERAL CHARITABLE | Memphis, TN | $5K | 2020 |
| Casting For RecoveryTO ENHANCE THE QUALITY OF LIFE OF WOMEN WITH BREAST CANCER THROUGH RETREAT PROGRAM | Bozeman, MT | $5K | 2020 |
| Ballet MemphisTO SUPPORT AND PROMOTE THE ARTS IN MEMPHIS, TENNESSEE | Memphis, TN | $5K | 2020 |
| Sun Valley Musical FestivalTO SUPPORT AND PROMOTE THE ARTS IN SUN VALLEY, ID | Ketchum, ID | $3K | 2020 |
| Sun Valley Center For The ArtsTO SUPPORT AND PROMOTE THE ARTS IN SUN VALLEY, IDAHO | Ketchum, ID | $3K | 2020 |
| Germantown Performing Arts CouncilTO SUPPORT LOCAL COMMUNITY THEATRE | Germantown, TN | $1K | 2020 |
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