The Melrose Foundation FY2024 filing

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $16K a year · 45% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12K
-76% vs prior year
Spent
$37K
Net assets
$377K
By yearFY2020–FY2025
Revenue
$12K
FY2024▼ -76%
Tap a bar for its year
Revenue by fiscal year
FY2020$55K
FY2021$49K
FY2022$10K
FY2023$49K
FY2024$12K
FY2025$33K
Expenses
$37K
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$37K
FY2021$39K
FY2022$114K
FY2023$36K
FY2024$37K
FY2025$38K
Net assets
$377K
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$447K
FY2021$456K
FY2022$353K
FY2023$365K
FY2024$377K
FY2025$402K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1947.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 78% · $29K Operating & administrative 22% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
VP, Sec, Tre
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Melrose Foundation executive salaries →

Programs and updates

A private foundation based in Knoxville, TN.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 34 grants · $32K · 2025–2025
Knoxville Museum of ArtFY2025$5,000
Interfaith Health CenterFY2025$5,000
Volunteer Ministry CenterFY2025$2,000
Second Harvest Food Bank of East TNFY2025$2,000
Emerald Youth FoundationFY2025$1,500
Wesley House Community CenterFY2025$1,000
University Health System INCFY2025$1,000
Tennessee Wesleyan UniversityFY2025$1,000
Shangri-La Ther Academy of RidingFY2025$1,000
Individual RecipientFY2025$1,000
Boys & Girls Clubs of the TN ValleyFY2025$1,000
Big Brothers Big Sisters of East TNFY2025$1,000
Helen Ross McNabb FoundationFY2025$900
Legal Aid of East TennesseeFY2025$750
YWCA Knoxville and the TN ValleyFY2025$500
YMCA of East TennesseeFY2025$500
The Joy of MusicFY2025$500
Sertoma Center INCFY2025$500
See all 34 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$947
Median grantPart XV$500
Largest grantPart XV$5K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$12K
Investment income$12K
Money out
$37K
Grants paid$29K
Running costs$8K
Owns and owes
$377K
net assets
Cash and savings$3K
Total assets$377K
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Investment income$12K
Total revenue$12K
Assets in detailEnd of year
Cash and savings together$3K
Total assets$377K
Liabilities$0
Net assets$377K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $33K$38K−$5K$402K 990 PDF
FY2024 ViewingFiled with the IRS Oct 20, 2025 $12K$37K−$25K$377K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $49K$36K$12K$365K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $10K$114K−$103K$353K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $49K$39K$9K$456K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $55K$37K$18K$447K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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