Florence Foundation

Organization Overview

Florence Foundation is located in Moss Point, MS. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Florence 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 12/2020, Florence Foundation generated $60.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $273.1k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Florence Foundation has awarded 172 individual grants totaling $1,268,250. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Dwain G Luce Jr
Trustee
$15,000
Thomas F Garth
Trustee
$15,000
C William Bodie MD
Trustee
$15,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $9
Dividends & Interest $126,895
Profit on Inventory Sales $0
Other Income $13,705
Total Revenue $60,363

Grants Awarded

Over the last fiscal year, Florence Foundation has awarded $190,000 in support to 24 organizations.

Grant RecipientAmount

MOBILE INFIRMARY FOUNDATION

Org PageRecipient Profile

Mobile, AL

PURPOSE: PULMONARY REHAB CENTER

$25,000

UNIVERSITY OF MOBILE

PURPOSE: EDUCATION

$20,000

YOUNG LIFE

PURPOSE: YOUTH GROUP

$15,000

CRITTENTON YOUTH SERVICES

PURPOSE: EDUCATION

$10,000

DUMAS WESLEY COMMUNITY CENTER

Org PageRecipient Profile

Mobile, AL

PURPOSE: COMMUNITY OUTREACH

$10,000

COMMUNITY SERVICES FOR VISION REHABILITATION

Org PageRecipient Profile

Mobile, AL

PURPOSE: SERVICES FOR VISION REHABILITATION

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Trousdale Foundation Inc
Cleveland, TN
$76,137,385
Rob And Melani Walton Foundation
Bentonviille, AR
$120,568,910
Wend Ii Inc
Bentonville, AR
$207,303,582
Maclellan Foundation Inc
Chattanooga, TN
$34,552,415
Town Branch Foundation
Bentonville, AR
$39,195,874
The Frist Foundation
Nashville, TN
$36,312,656
Zoma Foundation
Bentonville, AR
$19,208,599
Penner Family Foundation
Bentonville, AR
$15,983,833
J R Hyde Iii Foundation
Memphis, TN
$26,306,779
First Horizon Foundation
Memphis, TN
$11,265,846
The William B Wiener Jr Foundation
Shreveport, LA
$3,677,470
Bashinsky Foundation Inc
Birmingham, AL
$3,568,518

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