funder logo

First Horizon Foundation

First Horizon Foundation

Memphis, TN, US
501(c)3
EIN
62-1533987
Open for Solicitation
Private Foundation
Regional Funder
funder logo

First Horizon Foundation

Memphis, TN, US
501(c)3
EIN
62-1533987
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,636,315

Other
78%
Investments
19%
Contributions
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$23,475,474

Grants
79%
Other
19%
Fees to Service Providers
<1%
Salaries & Benefits
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$55,276,650
$414,870
-99%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,037,098
$2,186,490
+7%
Other
$4,874,578
$9,034,955
+85%
Total Revenues
$62,188,326
$11,636,315
-81%
Expenses
2023
2024
Change
Grants
$15,709,765
$18,607,566
+18%
Benefits to Members
$0
$0
-
Salaries & Benefits
$160,000
$160,000
+0%
Fees to Service Providers
$160,356
$181,475
+13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$25,000
$4,526,433
+18006%
Total Expenses
$16,055,121
$23,475,474
+46%
Net income
2023
2024
Change
Net income
+$46,133,205
-$11,839,159
-126%
Income Statement
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