T W Briggs Foundation Inc is located in Memphis, TN. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. T W Briggs Foundation 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 09/2021, T W Briggs Foundation Inc generated $674.0k 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 (10.3%) each year. All expenses for the organization totaled $1.0m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, T W Briggs Foundation Inc has awarded 355 individual grants totaling $7,044,341. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Allison Cates Chair/director | 1 | $0 | |
Meg Crosby Vice Chair | 1 | $0 | |
Hunter Witherington Treasurer/director | 1 | $0 | |
Douglas Scarboro Director | 1 | $0 | |
V Lynn Evans Director | 1 | $0 | |
Larry Jensen Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $11,612 |
Dividends & Interest | $125,469 |
Profit on Inventory Sales | $0 |
Other Income | $9,215 |
Total Revenue | $673,963 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $73,000 |
Pension plans, employee benefits | $0 |
Depreciation | $856 |
Occupancy | $14,881 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $323,932 |
Contributions, gifts, grants paid | $704,100 |
Total expenses and disbursements | $1,028,032 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Investments—mortgage loans | $0 |
Investments—other | $17,905,367 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, T W Briggs Foundation Inc has awarded $645,000 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
ADVANCE MEMPHIS PURPOSE: PROGRAM SUPPORT | $50,000 |
CLEAN MEMPHIS PURPOSE: PROGRAM SUPPORT | $10,000 |
ALL MEMPHIS PURPOSE: PROGRAM SUPPORT | $25,000 |
ARISE2READ PURPOSE: PROGRAM SUPPORT | $15,000 |
CONTEMPORARY ARTS MEMPHIS PURPOSE: PROGRAM SUPPORT | $12,000 |
CREATIVE AGING PURPOSE: PROGRAM SUPPORT | $15,000 |