1. Directory
  2. Tennessee
  3. Memphis
  4. Memphis Biotech Foundation
EIN 62-1858660

Memphis Biotech Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Memphis
State
Tennessee
Year formed
2001
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
The Memphis Biotech Foundation executes a strategic business plan that leverages the competitive strengths within the region and expands the infrastructure, educational opportunities, and entrepreneur support required to expand bioscience industries. The foundation leads economic development programs specifically intended for developing infrastructure, education/workforce, and entrepreneurship in the life sciences and industrial bioscience areas.
Also known as...
Memphis Bioworks Foundation
Total revenues
$2,258
2022
Total expenses
$19,125
2022
Total assets
$6,080,785
2022
Num. employees
0
2022

Program areas at Memphis Biotech Foundation

Lead economic development programs focused on developing infrastructure, education/workforce, and entrepreneurship in the life sciences and industrial bioscience areas.

Personnel at Memphis Biotech Foundation

NameTitleCompensation
Steven J. Bares, Ph.D.Past President and Executive Director$208,976
Corie RiversTreasurer
John PontiusPresident / Treasurer$0
Lorie JerniganSecretary and Treasurer$0
Brandon WellfordPresident and Executive Director / Chief Financial Officer and Director of Real Estate$202,022

Financials for Memphis Biotech Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,258
Total revenues$2,258

Form 990s for Memphis Biotech Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-14990View PDF
2020-122021-10-21990View PDF
2019-122021-02-24990View PDF
2018-122020-02-07990View PDF
2017-122018-12-22990View PDF
...and 8 more Form 990s
Data update history
July 7, 2023
Updated personnel
Identified 2 new personnel
May 11, 2023
Received grants
Identified 1 new grant, including a grant for $122,500 from Community Foundation of Greater Memphis
August 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 26, 2022
Updated personnel
Identified 1 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
HealthCommunity improvementPublic policyEconomic development
Characteristics
Conducts researchLobbyingState / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
17 W Pontotoc Suite 100
Memphis, TN 38103
Metro area
Memphis, TN-MS-AR
Website URL
stjacobs.com/ 
Phone
(901) 685-3400
IRS details
EIN
62-1858660
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Memphis Biotech Foundation has new information, or want to find more organizations like Memphis Biotech Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy