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 | $754,626 | $1,147,278 | $0 | $3,160,649 | $2,701,198 |
| FY2023 | 990 | $2,445,286 | $988,653 | $0 | $3,203,316 | $3,093,851 |
| FY2022 | 990 | $1,022,035 | $2,497,471 | $0 | $1,661,171 | $1,632,231 |
| FY2021amended | 990 | $1,611,048 | $2,497,912 | $908,906 | $3,325,296 | $3,107,667 |
| FY2020 | 990 | $3,738,831 | $1,870,317 | $494,439 | $4,277,759 | $3,994,532 |
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
Where recipients are
Based on the 92% 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 |
|---|---|---|---|---|
| River City CapitalMemphis, TN | Surdna Grant | $360,000 | 2024 | |
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 |
|---|---|---|---|
| Victoria Robinson | Board Member | 3.00 | $0 |
| Caleb Park | Board Member | 3.00 | $0 |
| Andre Gist | Board Member | 3.00 | $0 |
| Gaylan Fitzpatrick | Board Member |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| Capacity Building |
| $139,000 |
| 2020 |
| Promise Development CorpMemphis, TN | Capacity Building | $48,000 | 2021 |
| Promise Development CorpMemphis, TN | Pre-Development | $40,000 | 2024 |
| Promise Development CorpMemphis, TN | CDC Capacity | $36,960 | 2023 |
| Promise Development CorpMemphis, TN | CDC Capacity Assistance | $36,000 | 2021 |
| Promise Development CorpMemphis, TN | Capacity Building | $36,000 | 2020 |
| BLDG MemphisMemphis, TN | Assisi:CDC | $32,550 | 2022 |
| Alcy BallMemphis, TN | CDC Capacity Assistance | $29,471 | 2021 |
| Alcy Ball CDCMemphis, TN | Capacity Building | $29,471 | 2020 |
| Klondike Smokey City CDCMemphis, TN | Capacity Building | $27,500 | 2020 |
| Klondike Smokey City CDCMemphis, TN | CDC Capacity Assistance | $27,500 | 2021 |
| South City OpportunityMemphis, TN | Capacity Building | $27,000 | 2020 |
| Frayzer CDCMemphis, TN | Capacity Building | $25,768 | 2021 |
| South Memphis AllianceMemphis, TN | Capacity Building | $24,000 | 2021 |
| Height's CDCMemphis, TN | Capacity Building | $24,000 | 2020 |
| Oasis of Hope CDCCordova, TN | Capacity Building | $24,000 | 2020 |
| Oasis of Hope CDCCordova, TN | CDC Capacity Assistance | $24,000 | 2021 |
| Heights CDCMemphis, TN | CDC Capacity Assistance | $24,000 | 2021 |
| Crosstown Memphis CDCMemphis, TN | CDC Capacity Assistance | $17,499 | 2021 |
| Crosstown Memphis CDCMemphis, TN | Capacity Building | $17,499 | 2020 |
| Alcy Ball Comm Devel CorpMemphis, TN | CDC Capacity | $17,300 | 2023 |
| Oasis of HopeCordova, TN | CDC Capacity | $17,300 | 2023 |
| Jacob's Ladder CDCMemphis, TN | Capacity Building | $16,400 | 2020 |
| Jacob's Ladder Community DevelopmentMemphis, TN | CDC Capacity Assistance | $16,400 | 2021 |
| 3.00 |
| $0 |
| Luther Mercer | President | 45.00 | $160,000 |
| Ben Fox | Board Chair | 3.00 | $0 |
| Lara Payne | Board Member | 3.00 | $0 |
| Deveney Perry | Ex Officio | 3.00 | $0 |
| Ben Schulman | Board Member | 3.00 | $0 |
| Andre' Wilkes | Treasurer | 3.00 | $0 |
| Pearl Eva Walker | Board Member | Not available | $0 |
Filing id 202540299349300504
Form 990 · FY2023 · period ending Jun 30, 2023IRS bulk XML
Filing id 202420439349301437
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202331219349301108
Form 990 · FY2021 · period ending Jun 30, 2021 · amended
Filing id 202222409349300102
Form 990 · FY2020 · period ending Jun 30, 2020
Filing id 202122099349300802
Form 990 · FY2019 · period ending Jun 30, 2019
Filing id 202022319349300127
Form 990 · FY2018 · period ending Jun 30, 2018
Filing id 201931359349310963
Form 990 · FY2017 · period ending Jun 30, 2017
Filing id 201920509349301162
Form 990 · FY2016 · period ending Jun 30, 2016
Filing id 201712139349300616
Form 990 · FY2015 · period ending Jun 30, 2015
Filing id 201643199349303614