Mississippi Charitable Foundation Inc is located in Oxford, MS. The organization was established in 1996. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Charitable Foundation Inc 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, Mississippi Charitable Foundation Inc generated $55.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $38.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUND AND ASSIST INDIVIDUALS WITH MEDICAL BILLS THAT ARE UNABLE TO PAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leroy H Paris II President | OfficerTrustee | 4 | $0 |
Victor P Smith Secretary & Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $55,450 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $179 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $55,629 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,036 |
Professional fees and other payments to independent contractors | $500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $25 |
Other expenses | $8,271 |
Total expenses | $38,832 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $64,090 |
Other assets | $0 |
Total assets | $64,090 |
Total liabilities | $0 |
Net assets or fund balances | $64,090 |
Over the last fiscal year, Mississippi Charitable Foundation Inc has awarded $60,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
THE BERRY INSTITUTE PURPOSE: GENERAL SUPPORT | $30,000 |
YOUNG LIFE PURPOSE: GENERAL SUPPORT | $15,000 |
NATIONAL CENTER FOR FATHERING PURPOSE: GENERAL SUPPORT | $15,000 |