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Also known as: FOUNDATION
Memphis Grizzlies Charitable Foundation is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 2004. The principal officer is % Stan Meadows. It holds total assets of $805K. Annual income is reported at $1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Memphis Grizzlies Charitable Foundation has made 73 grants totaling $1.7M, with a median grant of $20K. Annual giving has decreased from $807K in 2020 to $552K in 2022. Individual grants have ranged from $2K to $195K, with an average award of $24K. The foundation has supported 28 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
Memphis Grizzlies Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in TN.
Memphis Grizzlies Charitable Foundation has distributed a total of $1.7M across 73 grants. The median grant size is $20K, with an average of $24K. Individual grants have ranged from $2K to $195K.
Memphis Grizzlies Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Memphis Grizzlies Charitable Foundation is headquartered in MEMPHIS, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Abusheri Ohwofasa | EXECUTIVE DIRECTOR / SECRETARY | $66K | $5K | $71K |
| Pete Pranica | DIRECTOR | $0 | $0 | $0 |
| Jason Wexler | DIRECTOR | $0 | $0 | $0 |
| Teresa Sloyan | DIRECTOR | $0 | $0 | $0 |
| J Martin Regan | DIRECTOR | $0 | $0 | $0 |
Total Giving
$868K
Total Assets
$615K
Fair Market Value
$615K
Net Worth
$433K
Grants Paid
$251K
Contributions
$859K
Net Investment Income
$0
Distribution Amount
$28K
Total Grants
73
Total Giving
$1.7M
Average Grant
$24K
Median Grant
$20K
Unique Recipients
28
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Freeman Outreach CenterUNDESIGNATED GENERAL OPERATING SUPPORT | Memphis, TN | $2K | 2022 |
| Memphis Grizzlies Preparatory Charter School IncUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | Memphis, TN | $60K | 2022 |
| St Georges SchoolUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | Germantown, TN | $20K | 2022 |
| Juvenile Intervention And Faith-Based Follow Up (Jiff)UNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S WELFARE | Memphis, TN | $20K | 2022 |
| Youth VillagesUNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S EDUCATION/WELFARE |
| G Staley Cates |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Sean Tuohy | DIRECTOR | $0 | $0 | $0 |
| Elliot Perry | PRESIDENT | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Memphis, TN |
| $20K |
| 2022 |
| Indie MemphisUNDESIGNATED GENERAL OPERATING SUPPORT-PERFORMING ARTS | Memphis, TN | $20K | 2022 |
| Streets Ministries IncUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION/MENTORING | Memphis, TN | $20K | 2022 |
| Big Brothers Big Sisters Of The Mid-South IncUNDESIGNATED GENERAL OPERATING SUPPORT | Memphis, TN | $20K | 2022 |
| Lausanne SchoolUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | Memphis, TN | $17K | 2022 |
| World ReliefUNDESIGNATED GENERAL OPERATING SUPPORT | Memphis, TN | $16K | 2022 |
| Code CrewUNDESIGNATED GENERAL OPERATING SUPPORT-MENTORING | Memphis, TN | $15K | 2022 |
| Lite MemphisUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | Memphis, TN | $10K | 2022 |
| Reach MemphisUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION/MENTORING | Memphis, TN | $10K | 2022 |
| Memphis University SchoolUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | Memphis, TN | $6K | 2022 |
| New Ballet Ensemble & SchoolUNDESIGNATED GENERAL OPERATING SUPPORT-CHILDREN'S EDUCATION/WELFARE | Memphis, TN | $5K | 2022 |
| St Andrews-Sewanee SchoolUNDESIGNATED GENERAL OPERATING SUPPORT | Sewanee, TN | $4K | 2022 |
| Christian Brothers High SchoolUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | Memphis, TN | $4K | 2022 |
| City Year MemphisUNDESIGNATED GENERAL OPERATING SUPPORT | Memphis, TN | $3K | 2022 |
| Memphis Bears Inc PalUNDESIGNATED GENERAL OPERATING SUPPORT | Memphis, TN | $2K | 2022 |
| Beautiful Spirited WomenUNDESIGNATED GENERAL OPERATING SUPPORT | Memphis, TN | $2K | 2022 |
| Grizzlies PrepUNDESIGNATED GENERAL OPERATING SUPPORT-EDUCATION | Memphis, TN | $60K | 2021 |
| Hatiloo TheaterUNDESIGNATED GENERAL OPERATING SUPPORT-PERFORMING ARTS EDUCATION | Memphis, TN | $20K | 2021 |
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