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Filing year 2024

MEMORIAL FOUNDATION INC

Madison, Tennessee·EIN 62-1202302·NTEE E210 · Health Care·501(c)(3)
Total revenue
$5.3M
Total assets
$135.1M
Total expenses
$6.3M
Reported officers
24

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.

President
Board President
75th to 90th percentile
$320k
$340k
Vice Pres, Programs and Grants
Unclassified
$199k
$212k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MEMORIAL FOUNDATION INC equaled 5% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
5%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$4.4M

Itemized grants

182

Median grant

$15k

RecipientLocationPurposeAmount
FIFTYFORWARD MADISON STATIONMADISON, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$200k
FELLOWSHIP OF CHRISTIAN ATHLETESNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$100k
YWCA OF NASHVILLE AND MIDDLE TNNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$90k
OPERATION STAND DOWN TENNESSEENASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$85k
SILOAM HEALTHNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$80k
STARS NASHVILLENASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$80k
AGAPENASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$75k
INTERFAITH DENTAL CLINIC OF NASHVILLENASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$75k
SEXUAL ASSAULT CENTERNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$75k
HOPE FAMILY HEALTH SERVICESWESTMORELAND, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$60k
PROJECT RETURNNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$60k
SECOND HARVEST FOOD BANK OF MIDDLE TENNESSEENASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$60k
FAITH FAMILY MEDICAL CENTERNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$55k
MARTHA O'BRYAN CENTERNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$55k
SAFE HAVEN FAMILY SHELTERNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$55k
THE NEXT DOORNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$55k
COMMUNITY CARE FELLOWSHIPNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$50k
MEN OF VALORANTIOCH, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$50k
NASHVILLE FOOD PROJECTNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$50k
OASIS CENTERNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$50k
TENNESSEE PRISON OUTREACH MINISTRYNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$50k
BOYS & GIRLS CLUBS OF MIDDLE TENNESSEENASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$45k
JUNIOR ACHIEVEMENT OF MIDDLE TENNESSEENASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$45k
NASHVILLE CONFLICT RESOLUTION CENTERNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$45k
THISTLE FARMSNASHVILLE, TNTO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY$45k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2023

From $315k in 2023 to $320k in 2024.

$315k
2023
$320k
2024
In today's dollarsEst.
Down 1% in real terms$344k to $340k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 2% from 2023 to 2024, while revenue fell 33%.

$315k in 2023 to $320k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MEMORIAL FOUNDATION INC

What does the Board President of MEMORIAL FOUNDATION INC earn?

In 2024, the Board President of MEMORIAL FOUNDATION INC received $320,282 in total compensation. This pay is in the top quarter for Board President roles among Health Care organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at MEMORIAL FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Health Care organizations nationwide, the 2024 pay of the Board President at MEMORIAL FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MEMORIAL FOUNDATION INC equaled 5% of the organization's total expenses. The median for health care organizations is 4%.

What are MEMORIAL FOUNDATION INC's revenue and expenses?

In 2024, MEMORIAL FOUNDATION INC reported $5.3M in total revenue and $6.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.