Memphis Opportunity Scholarship Trust, Inc.

Investing in the future of Memphis.

aka MOST   |   Memphis, TN   |  http://www.memphisscholarships.org/

Mission

The mission of Memphis Opportunity Scholarship Trust (MOST) is to give Memphis-area families the opportunity to send their children to the schools that best fit their needs, regardless of financial circumstances. To fulfill this mission, MOST offers partial, need-based scholarships to qualifying families who wish to send their children to private schools.

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

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?

MOST Scholarships

During the 2021-22 school year, MOST will provide $1,038,452 in scholarships to 375 students in PK3 through grade 12 at 43 partnering private schools in the Memphis area. The maximum scholarship amounts are $2,700 for PK3 and PK4, and $3,000 for kindergarten through grade 12.

This school year, MOST is providing a merit-based Founder's Scholarship to ten well-deserving students high school students. In addition to the MOST scholarship, these students are receiving up to $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 MOST program in PK3 through grade 1, and acceptance is based on family income.
MOST also provides 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 01/04/2022
SOURCE: Self-reported by organization
Board chair

Mr. Robert Solmson

Fairwood Capital, LLC

Term: 1998 - 2021

Elkan Scheidt

Community Volunteer

Jane G. Slatery

Psychiatric Mental Health Clinical Nurse Specialist

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 Haguewood

Headmaster Emeritus, Memphis University School

Organizational demographics

SOURCE: Self-reported; last updated 1/4/2022

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data