This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $4,504,661 | $2,785,115 | $2,647,086 | $13,348,475 | $6,435,917 |
| FY2023 | 990 | $11,399,989 | $14,312,536 | $14,181,795 | $14,202,118 | $4,957,630 |
| FY2022 | 990 | $9,864,492 | $9,585,739 | $9,519,697 | $18,678,367 | $7,769,061 |
| FY2021 | 990 | $9,276,607 | $8,212,053 | $0 | $24,476,321 | $6,804,686 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
No public data foundWhere recipients are
Based on the 0% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| THE UNIVERSITY OF MEMPHISMEMPHIS, TN | ADMINISTER UNIVERSITY OPERATIONS AND EDUCATIONAL SERVICES. | $14,181,795 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rick Spell | President | 1.00 | $0 |
| John Hartney | Vice President | 1.00 | $0 |
| Fred Towler | Secretary/Treasurer | 1.00 | $0 |
| Rene Bustamante | U of M COO/CFO |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| ADMINISTER UNIVERSITY OPERATIONS AND EDUCATIONAL SERVICES. |
| $9,519,697 |
| 2022 |
| The University of MemphisMemphis, TN | Administer University operations and educational services. | $2,647,086 | 2024 |
| 2.00 |
| $0 |
| Dr Bill Hardgrave | UofM President | 1.00 | $0 |
| Raaj Kurapati | UofM CFO | 2.00 | $0 |
| Greg Dubois | UofM Interim CFO | 2.00 | $0 |
| Haley Prewett | CFO, ASF | 7.50 | $0 |
| Jeff Crane | Executive Director, ASF | 3.75 | $0 |
| Steve Mcdaniel | Retained Legal Counsel | 2.00 | $11,460 |
| Andrew Roberts | Executive Director, ASF | 7.50 | $0 |
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202500979349301110
Form 990 · FY2023 · period ending Jun 30, 2023IRS bulk XML
Filing id 202421369349313677
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202321319349304472
Form 990 · FY2021 · period ending Jun 30, 2021
Filing id 202200739349300415
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.