Open Foundations · Tennessee

Formanek Foundation

Memphis, Tennessee · EIN 261565007. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $7.6M across 29 grants in 2024, a median of $158K each.

All Tennessee foundations · All states

$7.6M
paid in 2024
29
grants paid
$158K
median grant
18%
to first-time recipients
$155.4M
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
ERIC ROBERTSON
Address
6075 POPLAR AVENUE SUITE 726, MEMPHIS, TN, 38119
Phone
9016161529
Form the request should take
AN INTERESTED PARTY SHOULD CONTACT ERIC ROBERTSON BY EMAIL AT ERIC@FORMANEK 1.COM.
Submission deadline
NONE
Restrictions on awards
ORGANIZATION MUST BE QUALIFIED UNDER 501(C)(3). RESTRICTIONS AND LIMITATIONS ONLY IF SPECIFICIED IN GRANT AGREEMENT.

As filed on the Form 990-PF for tax year 2024, IRS filing object id 202503219349104315. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The words that come up most often across the purposes it wrote on its 2024 grants. These are the foundation's own words, not a category we assigned.

promoteeducationyoungchildrenhealthadvancecomprehensivecommunity

Biggest grants in 2024

The 15 largest of the 29 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Youth VillagesTN$1,300,000TO SUPPORT PROGRAMS THAT WILL SERVE BOTH CHILDREN IN NEED AS WELL AS THEIR PARENTS
2Brooks MuseumTN$1,000,000TO PROMOTE THE PROVISION OF VISUAL ART MEDIUM THROUGH DIVERSE EXHIBITS
3Church Health CenterTN$750,000TO SUPPORT THE PROVISION OF HEALTH CARE FOR UNDERINSURED PEOPLE
4Riverfront DevelopmentTN$600,000TO PROMOTE THE TRANSFORMATIVE POWER OF THE MISSISSIPPI BY SUPPORTING PUBLIC EVENTS ON THE RIVER.
5Just CityTN$466,000TO ADVANCE POLICIES AND PROGRAMS FOR DISADVANTAGED PERSONS IN CRIMINAL JUSTICE SYSTEM FOCUSING ON EXPUNGEMENT AND BAIL
6MusoCA$400,000TO PROMOTE EFFORT TO ELIMINATE PREVENTABLE DEATHS ROOTED IN POVERTY
7Pure AcademyTN$400,000TO DEVELOP YOUNG MEN FOR LIFELONG SUCCESS BY PROVIDING A COMPREHENSIVE EDUCATION WITHIN A SUPPORTIVE BOARDING SCHOOL ENVIRONMENT
8LwalaTN$300,000TO UNLOCK THE POTENTIAL OF COMMUNITIES TO ADVANCE THEIR OWN COMPREHENSIVE WELL-BEING
9Healthy LearnersSC$250,000TO IMPROVE THE HEALTH OF CHILDREN THROUGH SCHOOL-BASED COMMUNITY IN ZAMBIA
10Homeboy IndustriesCA$250,000TO PROVIDE HOPE, TRAINING, AND SUPPORT TO PREVIOUSLY INCARCERATED AND FORMERLY GANG INVOLVED MEN AND WOMEN, ALLOWING THEM TO REDIRECT THEIR LIVES AND BECOME CONTRIBUTING MEMBERS OF OUR COMMUNITY
11Jacaranda Healthn/a$250,000TO HELP REACH UNDER-SERVED MOTHERS AND BABIES THROUGH GOVERNMENT HOSPITALS
12Integrate HealthME$200,000TO HELP REMOVE CHILDREN'S HEALTH BARRIERS TO LEARNING
13Ceo WorksNY$175,000TO SUPPORT COMPREHENSIVE EMPLOYMENT ACCESS FOR NEWLY RELEASED INMATES FROM TENNESSEE PRISONS AND CORRECTION CENTERS
14Community LiftTN$165,000TO IMPROVE MEMPHIS BY THE REVIVAL OF ITS DISINVESTED NEIGHBORHOODS
15TntpNY$157,927TO TRANSFORM EDUCATION SO EVERY YOUNG PERSON THRIVES

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
202041$2.7M
202118$2.6M
202220$7.7M
202323$7.4M
202429$7.6M

Where the money went

Share of 2024 grant dollars by recipient state
Tennessee52%
??17%
California7%
New York7%
South Carolina3%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

J Michael Howard IiSEC-TREASURER/DIRECTOR/EXEC COMM · 2024
Jonathan SpitzerDIRECTOR/EXECUTIVE COMMITTEE · 2024
Mary Lee CoppDIRECTOR · 2024
Robin L FormanekDIRECTOR · 2024
Ryan CarrollDIRECTOR · 2024
Walter W RotchildPRESIDENT/DIRECTOR/EXEC COMM · 2024

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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