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Meharry Alumni Endowment Rmes is a private association based in SHERMAN, TX. The foundation received its IRS ruling in 2022. It holds total assets of $328K. Annual income is reported at $118K. Total assets have grown from $2K in 2007 to $237K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Meharry Alumni Endowment Rmes has made 3 grants totaling $51K, with a median grant of $18K. Annual giving has decreased from $36K in 2022 to $15K in 2023. Individual grants have ranged from $15K to $18K, with an average award of $17K. 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.
Meharry Alumni Endowment Rmes primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in TN.
Meharry Alumni Endowment Rmes has distributed a total of $51K across 3 grants. The median grant size is $18K, with an average of $17K. Individual grants have ranged from $15K to $18K.
Meharry Alumni Endowment Rmes typically selects its grantees rather than accepting unsolicited proposals.
Meharry Alumni Endowment Rmes is headquartered in SHERMAN, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Johnson | Administrator | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$237K
Fair Market Value
$369K
Net Worth
$237K
Grants Paid
$15K
Contributions
$1K
Net Investment Income
$88K
Distribution Amount
$16K
Total Grants
3
Total Giving
$51K
Average Grant
$17K
Median Grant
$18K
Unique Recipients
1
Most Common Grant
$18K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Meharry Medical CollegeGeneral operating support | Nashville, TN | $15K | 2023 |