EIN 88-3740101

Harris Homeownership Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2022
Most recent tax filings
2023-12-01
Description
The Harris Homeownership Foundation is a private foundation located in Memphis, TN. Its purpose is to make housing available for purchase by people who are low-income, LGBTQ, Black, and/or Indigenous, as well as other persons.
Total revenues
$1,170,058
2023
Total expenses
$6,100
2023
Total assets
$1,289,190
2023
Num. employees
0
2023

Program areas at Harris Homeownership Foundation

To make housing available for purchase by people who are low-income, lgbtq, black, and/or indigenous, as well as other persons of color and thereby remove shelby county housing from the speculation market. Homeownership that costs less than renting will empower persons to stabilize financially and secure greater future opportunities enabling them to help build and shape their communities, which have historically been neglected and exploited.the first phase of funding was received on december 15, 2023. The charitable activities will begin in 2024 through the purchase and renovation of one house for sale to a low income, first-time homebuyer. After that sale a detailed evaluation of processes and timeframe will be conducted in to design the second round of purchasing and preparing houses for sale.

Financials for Harris Homeownership Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$89,241
Investment income and dividends$0
Net rental income$2,858
Net gain from sale of non-inventory assets$1,077,959
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,170,058

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Data update history
May 27, 2024
Posted financials
Added Form 990PF for fiscal year 2023
May 21, 2024
Updated personnel
Identified 2 new personnel
June 16, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Updated personnel
Identified 4 new personnel
June 10, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Family foundationsPrivate foundationsPrivate operating foundationsHousing and shelter organizationsCharities
Issues
Human servicesLGBTQHousing
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
1490 Union Ave 233
Memphis, TN 38104
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Phone
(901) 219-4801
IRS details
EIN
88-3740101
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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