Warren A Hood Jr Family Foundation is located in Hattiesburg, MS. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Warren A Hood Jr Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Warren A Hood Jr Family Foundation generated $215.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $534.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Warren A Hood Jr Family Foundation has awarded 26 individual grants totaling $3,778,066. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Warren A Hood Jr President | 0 | $0 | |
Regions Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $437,586 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$222,214 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $215,372 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $27,386 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $129,861 |
Contributions, gifts, grants paid | $404,333 |
Total expenses and disbursements | $534,194 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $174,816 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $350,000 |
Total assets | $15,016,461 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Warren A Hood Jr Family Foundation has awarded $404,333 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
CLEVELAND CLINIC PHILANTHROPY INSTITUTE PURPOSE: TO SUPPORT THE MISSION OF THE PHILANTHROPY INSTITUTE | $333,333 |
FIRST PRIORITY SOUTH MS PURPOSE: TO SUPPORT THE PURPOSE OF THE ORGANIZATION | $20,000 |
PINE BURR AREA COUNCIL PURPOSE: TO SUPPORT THE PURPOSE OF THE ORGANIZATION | $30,000 |
PARKWAY HEIGHTS UMC PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $10,000 |
HOPE RISING MISSISSIPPI PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $6,000 |
AMERICAN HEART ASSOCIATION PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $5,000 |