Skip to main content

Nonprofit · EIN 20-1356702

MEMPHIS GRIZZLIES CHARITABLE FOUNDATION

Tax-exempt · MEMPHIS, TN 38103

Financials

$859K$868K2022$1M$796K2023$817K$836K2024
Revenue Expenses · by fiscal year end
Financials of MEMPHIS GRIZZLIES CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-PF$816,538$836,470-$19,932$817,982$178,216$639,766
June 30, 2024990-PF$1,022,990$795,863$227,127$805,071$145,373$659,698
June 30, 2023990-PF$859,374$868,350-$8,976$614,628$182,057$432,571
Financial details: 990-PF for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$816,538

Expenses

Grants and similar amounts paid
$159,000
Compensation of officers, directors and key employees
$76,301
Salaries, compensation and benefits (total)
$307,089
Disbursements for charitable purposes
$674,581

Balance sheet and other

Total assets, start of year
$805,071
Total assets, end of year
$817,982
Total liabilities, end of year
$178,216
Net assets, end of year
$639,766
Fair market value of assets
$817,982
Qualifying distributions
$674,581

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ABUSHERI OHWOFASA
6410 POPLAR AVENUE, MEMPHIS, TN 38103
EXECUTIVE DIRECTOR / SECRETARY40$76,301$5,647
JESSECA MCGHEE
4077 EAGLE RIVER RD, MEMPHIS, TN 38118
PROGRAM/PARTNER SUPP
Highest-paid employee
40$52,047$5,418
CAROLINE SIMMONS
1 DR MARTIN LUTHER KING JR AVE, MEMPHIS, TN 38103
PROGRAM/PARTNER SUPP
Highest-paid employee
40$50,042$7,643
PETE PRANICA
8558 SHADY TRAIL COVE, CORDOVA, TN 38018
DIRECTOR1$0$0
SEAN TUOHY
6178 SHADY GROVE LANE, MEMPHIS, TN 38120
DIRECTOR1$0$0
G STALEY CATES
6410 POPLAR AVENUE, MEMPHIS, TN 38119
DIRECTOR1$0$0
ELLIOT PERRY
6410 POPLAR AVENUE, MEMPHIS, TN 38119
PRESIDENT1$0$0
J MARTIN REGAN
40 SOUTH MAIN STREET 29TH FLOOR, MEMPHIS, TN 38013
DIRECTOR1$0$0
TERESA SLOYAN
17 W PONTOTOC SUITE 200, MEMPHIS, TN 38103
DIRECTOR1$0$0
990-PF for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
ABUSHERI OHWOFASA
6410 POPLAR AVENUE, MEMPHIS, TN 38103
EXECUTIVE DIRECTOR / SECRETARY40$72,722$5,714
CAROLINE SIMMONS
1 DR MARTIN LUTHER KING JR AVE, MEMPHIS, TN 38103
PROGRAM/ PARTNER SUP
Highest-paid employee
40$51,752$7,679
PETE PRANICA
8558 SHADY TRAIL COVE, CORDOVA, TN 38018
DIRECTOR1$0$0
SEAN TUOHY
6178 SHADY GROVE LANE, MEMPHIS, TN 38120
DIRECTOR1$0$0
G STALEY CATES
6410 POPLAR AVENUE, MEMPHIS, TN 38119
DIRECTOR1$0$0
ELLIOT PERRY
6410 POPLAR AVENUE, MEMPHIS, TN 38119
PRESIDENT1$0$0
J MARTIN REGAN
40 SOUTH MAIN STREET 29TH FLOOR, MEMPHIS, TN 38013
DIRECTOR1$0$0
TERESA SLOYAN
17 W PONTOTOC SUITE 200, MEMPHIS, TN 38103
DIRECTOR1$0$0
990-PF for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
TIFFANI MORROW
1049 BOURBON PL, MEMPHIS, TN 38106
SENIOR MANAGER
Highest-paid employee
40$72,747$9,491
ABUSHERI OHWOFASA
6410 POPLAR AVENUE, MEMPHIS, TN 38013
EXECUTIVE DIRECTOR/SECRETARY40$66,389$5,055
CAROLINE SIMMONS
1 DR MARTING LUTHER KING JR AV APT, 439, MEMPHIS, TN 38103
PROGRAM/PARTNER SUPP
Highest-paid employee
40$50,697$6,733
PETE PRANICA
8558 SHADY TRAIL COVE, CORDOVA, TN 38018
DIRECTOR1$0$0
SEAN TUOHY
6178 SHADY GROVE LANE, MEMPHIS, TN 38120
DIRECTOR1$0$0
G STALEY CATES
6410 POPLAR AVENUE, MEMPHIS, TN 38119
DIRECTOR1$0$0
J MARTIN REGAN
40 SOUTH MAIN STREET 29TH FLOOR, MEMPHIS, TN 38013
DIRECTOR1$0$0
TERESA SLOYAN
17 W PONTOTOC SUITE 200, MEMPHIS, TN 38103
DIRECTOR1$0$0
ELLIOT PERRY
6410 POPLAR AVENUE, MEMPHIS, TN 38103
PRESIDENT1$0$0

Address and contacts

Address (IRS master file)
191 BEALE ST, MEMPHIS, TN 38103-3715
In care of
% STAN MEADOWS
Signed the 990-PF
ABUSHERI OHWOFASA, EXECUTIVE DIRECTOR
Phone
(901) 205-1234
Return prepared by
HENDERSON HUTCHERSON & MCCULLOUGH PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
20-1356702
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2004
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$817,982
Income (IRS master file)
$816,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2025$816,538$836,470$817,982XML
990-PFJune 2024$1,022,990$795,863$805,071IRS
990-PFJune 2023$859,374$868,350$614,628XML
990-PFJune 2022–––IRS
990-PFJune 2021–––IRS
990-PFJune 2020–––IRS
990-PFJune 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1356702).

Questions about MEMPHIS GRIZZLIES CHARITABLE FOUNDATION

What is the EIN of MEMPHIS GRIZZLIES CHARITABLE FOUNDATION?
The employer identification number (EIN) of MEMPHIS GRIZZLIES CHARITABLE FOUNDATION is 20-1356702.
Is MEMPHIS GRIZZLIES CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to MEMPHIS GRIZZLIES CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MEMPHIS GRIZZLIES CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MEMPHIS GRIZZLIES CHARITABLE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEMPHIS GRIZZLIES CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2025.
Who are the officers and directors of MEMPHIS GRIZZLIES CHARITABLE FOUNDATION?
The 990-PF for the year ended June 30, 2025 lists 9 people; 3 received compensation from the organization, the highest $76,301 (ABUSHERI OHWOFASA, EXECUTIVE DIRECTOR / SECRETARY).
How much revenue does MEMPHIS GRIZZLIES CHARITABLE FOUNDATION have?
On its 990-PF for the year ended June 30, 2025 it reported revenue of $816,538, expenses of $836,470 and total assets of $817,982 at year end.

Other nonprofits in MEMPHIS

All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations