Memphis Opportunity Scholarship Trust, Inc.
Investing in the future of Memphis.
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
1998
Executive Director
Ms. Abbey Cowens
Main address
1000 Ridgeway Loop Rd., Suite 100
Memphis, TN 38120 USA
EIN
62-1723618
NTEE code
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
Our programs
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 2021-22 school year, M.O.S.T. granted $1,038,452 in scholarships to 375 students in PK3 through grade 12 at 43 partnering private schools in the Memphis area.
Each school 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.
Where we work
External reviews
Photos
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
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- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
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Memphis Opportunity Scholarship Trust, Inc.
Board of directorsas of 06/07/2023
Mrs. Alexis Faber
Willis Towers Watson
Term: 2022 - 2025
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.
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
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
Gender identity
Sexual orientation
No data
Disability
No data
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