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Filing year 2023

UNIVERSITY OF MEMPHIS FOUNDATION

Memphis, Tennessee·EIN 62-6048540·NTEE B110 · Education·501(c)(3)
Total revenue
$40.9M
Total assets
$264.3M
Total expenses
$22.8M
Reported officers
19
Mission

THE FOUNDATION ACCEPTS, MANAGES, AND DISBURSES PRIVATE SUPPORT TO THE UNIVERSITY OF MEMPHIS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Tennessee.

Foundation CEO
75th to 90th percentile
$200k
$219k
Base
$170k
Bonus
Other
Benefits
$12k
Foundation Cbo
Officer (Unspecified)
$150k
$164k
Base
$136k
Bonus
Other
Benefits
$600
Director (term End 8/31/23)
Board Member
Median to 75th percentile
$48k
$52k
Director
Board Member
25th percentile to median
$25k
$27k

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 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at UNIVERSITY OF MEMPHIS FOUNDATION equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

$280k
$150k

Top compensation, year by year

From $41k in 2022 to $200k in 2023.

$41k
2022
$200k
2023
In today's dollarsEst.
Up 370% in real terms$47k to $219k

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

Chief Executive Officer pay rose 391% from 2022 to 2023, while revenue fell 14%.

$41k in 2022 to $200k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

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

FAQ

Common questions about UNIVERSITY OF MEMPHIS FOUNDATION

What does the Chief Executive Officer of UNIVERSITY OF MEMPHIS FOUNDATION earn?

In 2023, the Chief Executive Officer of UNIVERSITY OF MEMPHIS FOUNDATION received $200,187 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Tennessee, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at UNIVERSITY OF MEMPHIS FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Tennessee, the 2023 pay of the Chief Executive Officer at UNIVERSITY OF MEMPHIS FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at UNIVERSITY OF MEMPHIS FOUNDATION equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are UNIVERSITY OF MEMPHIS FOUNDATION's revenue and expenses?

In 2023, UNIVERSITY OF MEMPHIS FOUNDATION reported $40.9M in total revenue and $22.8M in total expenses on its IRS Form 990.

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