GOLD2024

Memphis Opportunity Scholarship Trust, Inc.

Investing in the future of Memphis.

aka M.O.S.T.   |   Memphis, TN   |  http://www.memphisscholarships.org/

Mission

Memphis Opportunity Scholarship Trust (M.O.S.T.) is dedicated to breaking the barriers of educational inequality by providing scholarships to lower-income families, empowering them to send their children to private schools if that is what their child needs. At M.O.S.T., we firmly believe that every child deserves an education tailored to their needs, even if it comes with a high financial cost. Our mission is to make quality education accessible by offering the M.O.S.T. scholarship, in conjunction with school financial aid and parent investment, to make tuition payments affordable for families. In addition, we proudly introduced the merit-based high school McDonnell Scholarship, providing high school students with funds based on their exceptional leadership and academic abilities.

Ruling year info

1998

Executive Director

Ms. Abbey Cowens

Main address

1000 Ridgeway Loop Rd., Suite 100

Memphis, TN 38120 USA

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EIN

62-1723618

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

Kindergarten, Nursery Schools, Preschool, Early Admissions (B21)

Elementary, Secondary Ed (B20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

M.O.S.T. Scholarships

During the 2024-25 school year, M.O.S.T. granted $1,083,502 in scholarships to 348 students in PK3 through grade 12 at 42 partnering private schools in the Memphis area. 24 of those students are also receiving M.O.S.T. McDonnell Scholarships.

Each year, M.O.S.T. also provides a merit-based McDonnell Scholarship to high school students who exhibit outstanding academic promise, leadership, and character. They have distinguished themselves among their peers by demonstrating attitudes and behaviors that mark them for success in secondary school, college, and beyond. In addition to the M.O.S.T. scholarship, these students are receiving $2,500 to be used to cover more than just tuition (e.g. fees, books, and uniform costs) that might appear on a student’s account.

*Students begin in the M.O.S.T. program in PK3 through grade 2, and acceptance is based on family income. We also provide scholarships for students with documented special needs that can be addressed at certain schools.

Population(s) Served
Children and youth
Low-income people

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

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Financials

Memphis Opportunity Scholarship Trust, Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Memphis Opportunity Scholarship Trust, Inc.

Board of directors
as of 09/13/2024
SOURCE: Self-reported by organization
Board chair

Mr. E. Carl (Collie) Krausnick

Raymond James

Term: 2024 - 2026

Elkan Scheidt

Community Volunteer

Trent D. Williamson

President, Harding Academy, Memphis

Alexis S. Faber

Head of Financial Lines, Willis Towers Watson

E. Carl Krausnick, Jr.

Senior Managing Director, Raymond James

Mary Schell

McDonnell Family Foundation Trustee

Nick Goetze

Head of Fixed Income Services and Managing Director, Raymond James

Ellis L. Haguewood

Headmaster Emeritus, Memphis University School

Robert M. Solmson

Owner, Fairwood Capital; Founder, M.O.S.T.

Katherine T. Dickinson

Civic Volunteer

Calvin Sullivan

Treasurer, MOST; Chief Strategy Officer, Fixed Income Capital Markets, Raymond James

Keith McBride, II

Senior Project Management Analyst, FedEx Services

Hal Fogelman

Principal, Research Dynamics, Inc.

Abbey S. Cowens

Executive Director, MOST.

Barbara Meloni

Civic Volunteer

Organizational demographics

SOURCE: Self-reported; last updated 9/13/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data