University Of Memphis Researchfoundation

Organization Overview

University Of Memphis Researchfoundation is located in Memphis, TN. The organization was established in 2006. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Memphis Researchfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, University Of Memphis Researchfoundation generated $721.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $752.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (25.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPONSORED RESEARCH AND OTHER EDUCATIONAL/SERVICE ACTIVITIES DEVELOPEDAND ADMINISTERED ON BEHALF OF FACULTY AND STAFF OF THE UNIVERSITY OFMEMPHIS TOTALED 11 ACTIVE PROGRAM SERVICE PROJECTS FUNDED BY 2 UNIQUESPONSORS, AND THE ADMINISTRATION OF SEVERAL PATENTS.THE RESEARCH FOUNDATION PROVIDES THE FOLLOWING BENEFITS FOR THEUNIVERSITY:1. FACULTY AND STAFF MAY APPLY FOR GRANTS FROM SPONSORS WHOSEELIGIBILITY CRITERIA REQUIRES A 501(C)(3) ORGANIZATION.2. FACULTY AND STAFF MAY CONTRACT WITH SPONSORS THAT CANNOT ACCEPT TNLAWS (REQUIRED FOR UNIVERSITY CONTRACTS).3. FOR NON-COST REIMBURSABLE PROGRAM SERVICES FUNDED BY MULTIPLE SPONSORS, THE RESEARCH FOUNDATION MAINTAINS THE ACCOUNTING BY SPONSORWHICH REDUCES THE ADMINISTRATIVE BURDEN ON UNIVERSITY ACCOUNTING STAFF


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Board, Officers & Key Employees

Name (title)Compensation
Jasbir Dhaliwal
Executive Director
$0
David Scully
Secretary/treasurer
$0
Dr David Rudd
Chairman
$0
Richard Bloomer
Director
$0
Lakita Cavin
Director
$0
Erika Dillard
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$65,627
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,238
Noncash contributions included in lines 1a–1f $65,627
Total Revenue from Contributions, Gifts, Grants & Similar$73,865
Total Program Service Revenue$586,327
Investment income $40,495
Tax Exempt Bond Proceeds $0
Royalties $20,773
Net Rental Income $0
Net Gain/Loss on Asset Sales $459
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $721,919

Grants Recieved

Over the last fiscal year, we have identified 1 grants that University Of Memphis Researchfoundation has recieved totaling $1,163,900.

Awarding OrganizationAmount
The Urban Child Institute

Memphis, TN

PURPOSE: PROGRAM SUPPORT

$1,163,900
View Grant Recipient Profile

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