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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Memphis Education Fund Inc.

Memphis Education Fund Inc.

Fiscal year ending 2020. Filed on November 15, 2021.

1350 Concourse Ave Ste 434
Box 1000
Memphis, Tennessee 38104

Memphis Education Fund Inc. (EIN: 47-3660677) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Memphis Education Fund Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 7 total employees. Among the employees shown here, the average compensation is $205,854. The highest compensated employee at Memphis Education Fund Inc. is Terence Patterson with fiscal year 2020 compensation of $228,294.

Revenue, expenses, and employee compensation

Revenue

$5,955,711

Expenses

$8,604,088

Employee compensation

$624,441
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Terence Patterson
Chief Executive Officer
$228,294
$228,294 No related compNo other comp
Tosha D Downey
Advocacy Director
$183,413
$183,413 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Darryl Cobb
Chair
David Mansouri
Board Member
James R Boyd
Board Member
Kevin Huffman
Board Member
Teresa Sloyan
Board Member
Timico Boykins
Board Member
Tomeka Hart
Board Member

Mission Statement

TO WORK IN PARTNERSHIP WITH THE SHELBY COUNTY SCHOOL DISTRICT AND THE ACHIEVEMENT SCHOOL DISTRICT ON STRATEGIES THAT SUPPORT SCHOOL IMPROVEMENT, DEVELOPMENT, AND IMPLEMENTATION OF INITIATIVES FOCUSED ON INCREASING K-12 EDUCATIONAL OUTCOMES IN THE GREATER MEMPHIS, TN AREA.

Revisions to this organization profile

November 17, 2025:
2024 Memphis Education Fund Inc. 990 filed
November 17, 2025:
Amended (originally filed November 15, 2024)2023 Memphis Education Fund Inc. 990 filed
November 17, 2025:
Amended (originally filed November 15, 2023)2022 Memphis Education Fund Inc. 990 filed

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