Mary F & Annie M Hazard Memorial Foundation
- Assets
- $90.6k
- Revenue
- $146.0
- Investments
- $75.1k
- Employees
- 0
- Location
- Columbus, MS
- Founding
- 09/1951
- Data as of
- 12/2022
- EIN
- 64-6024825
Organization Overview
Mary F & Annie M Hazard Memorial Foundation is located in Columbus, MS. The organization was established in 1951. 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. Mary F & Annie M Hazard Memorial 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, Mary F & Annie M Hazard Memorial Foundation generated $146.0 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 (23.8%) each year. All expenses for the organization totaled $7.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR STUDENTS OF MISSISSIPPI UNIVERSITY FOR WOMEN, COLUMBUS, MS 2 SCHOLARSHIPS
SCHOLARSHIPS FOR STUDENTS OF BELHAVEN COLLEGE, JACKSON, MS 2 SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eulalie H Davis Trustee | 5 | $1,600 | |
David H Beard Trustee | 5 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $141 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $85 |
| Total operating and administrative expenses | $3,135 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $7,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,449 |
| 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 | $75,103 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9 |
| Total assets | $90,561 |
| 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 |
Grants Awarded
Over the last fiscal year, Mary F & Annie M Hazard Memorial Foundation has awarded $4,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DIXIE WILLIAMS PURPOSE: SCHOLARSHIP - BELHAVEN UNIVERSITY | $2,000 |
LAURA INMAN PURPOSE: SCHOLARSHIP - MS UNIV FOR WOMEN | $1,000 |
MADELYN JONES PURPOSE: SCHOLARSHIP - MS UNIV FOR WOMEN | $1,000 |