Memory For Memory Inc

Organization Overview

Memory For Memory Inc is located in West Palm Beach, FL. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Memory For Memory Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memory For Memory Inc 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 12/2021, Memory For Memory Inc generated $635.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $680.6k during the year ending 12/2021. While expenses have increased by 31.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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

SEE PART III LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATE REVENUE TO CHARITIES AND SERVICES THAT ARE FOCUSED ON FINDING A CURE FOR OR ASSISTING THOSE IMPACTED BY ALZHEIMER'S AND OR DEMENTIA. DONATE REFURBISHED COMPUTERS AND ELECTRONICS TO CHARITIES FOR THEIR USE IN THEIR OPERATIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$269,615
Noncash contributions included in lines 1a–1f $269,615
Total Revenue from Contributions, Gifts, Grants & Similar$269,615
Total Program Service Revenue$362,712
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,799
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $635,302

Grants Awarded

Over the last fiscal year, Memory For Memory Inc has awarded $36,500 in support to 3 organizations.

Grant RecipientAmount

BRAIN CHEMISTRY LABS

Org PageRecipient Profile

Provo, UT

PURPOSE: General Fund

$20,000

CURE ALZHIEMERS FUND

Org PageRecipient Profile

Wellesley Hills, MA

PURPOSE: General Fund

$10,000

ALZHEIMER'S DRUG DISCOVERY FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: General Fund

$6,500
View Grant Profile

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