Nonprofit · EIN 20-5400381
UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION
Tax-exempt · MEMPHIS, TN 38152
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,260,057 | $1,087,447 | $172,610 | $4,970,367 | $752,143 | $4,218,224 |
| June 30, 2024 | 990 | $2,469,897 | $2,371,425 | $98,472 | $5,035,494 | $1,373,034 | $3,662,460 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $953,299
- Program service revenue
- $157,937
- Investment income
- $107,230
- Royalties
- $41,591
- Net gain from sales of assets
- $4,795
- Other revenue
- $41,591
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $19,600
- Depreciation
- $81,733
- Program services (functional)
- $1,011,937
- Management and general (functional)
- $75,510
Balance sheet and other
- Total assets, start of year
- $5,035,494
- Total assets, end of year
- $4,970,367
- Total liabilities, end of year
- $752,143
- Net assets, end of year
- $4,218,224
- Land, buildings and equipment
- $125,834
- Net assets without donor restrictions
- $4,001,789
- Net assets with donor restrictions
- $216,435
- Gross receipts
- $1,260,057
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- TN
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BILL HARDGRAVE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $715,600 |
| JASBIR DHALIWAL | EXECUTIVE DIRECTOR Trustee or director, Officer | 2 | $0 | $425,656 |
| RICHARD BLOOMER | DIRECTOR Trustee or director | 0.5 | $0 | $346,333 |
| RENE BUSTAMANTE | DIRECTOR Trustee or director | 0.5 | $0 | $328,850 |
| CODY BEHLES | DIRECTOR Trustee or director | 0.5 | $0 | $135,110 |
| FIROUZEH SABRI | DIRECTOR Trustee or director | 0.5 | $0 | $107,588 |
| GARY EMMERT | DIRECTOR Trustee or director | 0.5 | $0 | $93,180 |
| ERIKA DILLARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRAD PHILLIPS | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JAN BOUTEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| LAKITA CAVIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TIM WHITEHORN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANNA MCQUISTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANTHONY YOUNG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BILL HARDGRAVE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $715,600 |
| JASBIR DHALIWAL | EXECUTIVE DIRECTOR Trustee or director, Officer | 2 | $0 | $416,788 |
| RAAJKUMAR KURAPATI | FORMER DIRECTOR Former | 0.5 | $0 | $307,260 |
| RICHARD BLOOMER | DIRECTOR Trustee or director | 0.5 | $0 | $279,361 |
| GARY EMMERT | DIRECTOR Trustee or director | 0.5 | $0 | $210,088 |
| FIROUZEH SABRI | DIRECTOR Trustee or director | 0.5 | $0 | $115,606 |
| CODY BEHLES | DIRECTOR Trustee or director | 0.5 | $0 | $106,953 |
| ERIKA DILLARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRAD PHILLIPS | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JAN BOUTEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| LAKITA CAVIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| IDO SARIG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TIM WHITEHORN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TOM KADIEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JESSICA TAVEAU | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 365 FOGELMAN DR 303, MEMPHIS, TN 38152-3115
- In care of
- % UNIVERSITY OF MEMPHIS
- Principal officer (990 for 2024)
- JASBIR DHALIWAL, 365 FOGELMAN DR 303, MEMPHIS, TN 381523115
- Signed the 990
- JASBIR DHALIWAL, EXECUTIVE DIRECTOR
- Phone
- (901) 678-1596
- Website
- WWW.UMRFOUNDATION.ORG
- Return prepared by
- WATKINS UIBERALL PLLC
Mission
TO ENCOURAGE, PROMOTE AND AID THE FULFILLMENT OF EDUCATION, RESEARCH AND SERVICE FUNCTIONS OF THE UNIVERSITY OF MEMPHIS (U OF M) AND TO ENCOURAGE, PROMOTE AND AID THE TRANSFER OF TECHNOLOGY GENERATED IN THE COURSE OF RESEARCH BY U OF M FACULTY, STAFF AND STUDENTS.
Program accomplishments
- SPONSORED RESEARCH AND OTHER EDUCATIONAL/SERVICE ACTIVITIES DEVELOPED AND ADMINISTERED ON BEHALF OF FACULTY AND STAFF OF THE UNIVERSITY OF MEMPHIS TOTALED 9 ACTIVE PROGRAM SERVICE PROJECTS FUNDED BY 2 UNIQUE SPONSORS, AND THE ADMINISTRATION OF SEVERAL PATENTS.THE RESEARCH FOUNDATION PROVIDES THE FOLLOWING BENEFITS FOR THE UNIVERSITY:1. FACULTY AND STAFF MAY APPLY FOR GRANTS FROM SPONSORS WHOSE ELIGIBILITY CRITERIA REQUIRES A 501(C)(3) ORGANIZATION.2. FACULTY AND STAFF MAY CONTRACT WITH SPONSORS THAT CANNOT ACCEPT TN LAWS (REQUIRED FOR UNIVERSITY CONTRACTS).3. FOR NON-COST REIMBURSABLE PROGRAM SERVICES FUNDED BY MULTIPLE SPONSORS, THE RESEARCH FOUNDATION MAINTAINS THE ACCOUNTING BY SPONSOR WHICH REDUCES THE ADMINISTRATIVE BURDEN ON UNIVERSITY ACCOUNTING STAFF.Expenses $1,011,937 · revenue $157,937
What it must file and when
IRS records say it files Not required (state instrumentality). Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5400381
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Not required (state instrumentality)
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $4,970,367
- Income (IRS master file)
- $1,260,057
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,260,057 | $1,087,447 | $4,970,367 | XML |
| 990 | June 2024 | $2,469,897 | $2,371,425 | $5,035,494 | XML |
| 990 | June 2023 | $2,093,460 | $1,899,168 | $4,827,142 | IRS |
| 990 | June 2022 | $1,236,519 | $956,762 | $4,297,067 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 20-5400381).
Questions about UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION
- What is the EIN of UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION?
- The employer identification number (EIN) of UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION is 20-5400381.
- Is UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION file?
- Form Not required (state instrumentality).
- When is the next return of UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION 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 UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION?
- The 990 for the year ended June 30, 2025 names JASBIR DHALIWAL.
- Who are the officers and directors of UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF MEMPHIS RESEARCHFOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,260,057, expenses of $1,087,447 and total assets of $4,970,367 at year end.
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