Community Foundation Of Northwest Mississippi Inc

Organization Overview

Community Foundation Of Northwest Mississippi Inc is located in Hernando, MS. The organization was established in 2003. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Community Foundation Of Northwest Mississippi Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Northwest Mississippi 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 12/2023, Community Foundation Of Northwest Mississippi Inc generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $6.1m during the year ending 12/2023. While expenses have increased by 9.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of Northwest Mississippi Inc has awarded 602 individual grants totaling $20,595,479. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER BY PROVIDING RESOURCES AND LEADERSHIP TO THE CITIZENS AND NONPROFIT ORGANIZATIONS IN PRIMARILY AN 11-COUNTY AREA OF NORTHWEST MISSISSIPPI; PROVIDING A FLEXIBLE, TAX-DEDUCTIBLE VEHICLE TO MEET THE NEEDS OF DONORS AND RECIPIENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PRIMARY PROGRAM WAS THE ESTABLISHMENT OF PERMANENTLY ENDOWED FUNDS AMONG INDIVIDUALS, FAMILIES, CORPORATIONS AND OTHER FOUNDATIONS FOR THE PURPOSE OF MAKING GRANTS TO VARIOUS CHARITABLE ORGANIZATIONS IN ORDER TO MAKE POSITIVE CHANGE IN THE QUALITY OF LIFE PRIMARILY IN NORTHWEST MISSISSIPPI.


THE FOUNDATION'S SECOND LARGEST PROGRAM WAS WORKFORCE DEVELOPMENT. THE INITIATIVE HELPED TO INCREASE ECONOMIC EQUITY FOR LOW-WEALTH COMMUNITIES BY BUILDING ACCESS TO LIVING WAGE EMPLOMENT/ENTREPRENEURSHIP SKILLS AND DEVELOPING A WORKFORCE PARTNERSHIP IN SUNFLOWER COUNTY.


THE FOUNDATION'S THIRD LARGEST PROGRAM WAS FEED NORTHWEST MISSISSIPPI. THE COVID-19 PANDEMIC INCREASED THE NUMBER OF CHILDREN WHO ARE IDENTIFIED AS FOOD INSECURE IN NORTHWEST MISSISSIPPI. THE INITIATIVE BEGAN TO HELP PROVIDE FOOD TO PUBLIC SCHOOL CHILDREN WHO LOST ACCESS TO BREAKFAST AND LUNCH. GRANTS WERE MADE TO FOOD PANTRIES AND NON-PROFITS FOR THE PURCHASE OF FOOD, PALLET JACKS, FORKLIFTS, FREEZERS, DELIVERY VANS, AND OTHER ITEMS IN SUPPORT OF COMBATTING FOOD INSECURITY,


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Board, Officers & Key Employees

Name (title)Compensation
Keith Fulcher
President & CEO
$135,000
Tom Pittman
Pres Emeritus
$50,000
Lisa Melton
Director
$0
Cindy Gordon
Director
$0
Will Brown
Director
$0
Cynthia Pride Gleeton
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,910,486
Noncash contributions included in lines 1a–1f $1,022,336
Total Revenue from Contributions, Gifts, Grants & Similar$5,910,486
Total Program Service Revenue$618,508
Investment income $1,171,524
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $316,051
Net Income from Fundraising Events $133,292
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,149,861

Grants Awarded

Over the last fiscal year, Community Foundation Of Northwest Mississippi Inc has awarded $3,884,540 in support to 86 organizations.

Grant RecipientAmount

2ND CHANCE MS

PURPOSE: EDUCATIONAL SERVICES

$5,150

ALLIANCE HEALTHCARE SERVICES

PURPOSE: HEALTH SERVICES

$10,000

AARON E HENRY COMMUNITY HEAL

PURPOSE: HEALTH SERVICES

$37,639

ARTPLACE MISSISSIPPI INC

PURPOSE: EDUCATIONAL SERVICES

$9,000

ALLUVIAL COLLECTIVE

PURPOSE: EDUCATIONAL SERVICES

$25,000

BB KING MUSEUM

PURPOSE: EDUCATIONAL SERVICES

$12,500
View Grant Profile

Peer Organizations

Organization NameAssets
Community Foundation Of Acadiana
Lafayette, LA
$22,874,469
Community Foundation Of Greater Huntsville
Huntsville, AL
$17,823,410
Create Foundation Inc
Tupelo, MS
$17,703,695
Community Foundation For Mississippi
Jackson, MS
$12,986,215
Black Belt Community Foundation Inc
Selma, AL
$16,134,472
Community Foundation Of North Louisiana
Shreveport, LA
$19,128,968
Community Foundation Of South Alabama
Mobile, AL
$9,156,197
Central Alabama Community Foundation Inc
Montgomery, AL
$12,262,868
Community Foundation Of Northwest Mississippi Inc
Hernando, MS
$8,149,861
Walker Area Community Foundation
Jasper, AL
$36,030,350
Gulf Coast Community Foundation Inc
Gulfport, MS
$2,022,289
Excellerate Foundation
Rogers, AR
$6,523,534
Community Foundation Of Northeast Alabama
Anniston, AL
$6,223,270
The Greater Pinebelt Community Foundation
Hattiesburg, MS
$5,581,238
Regions Foundation
Birmingham, AL
$4,386,530
Central Louisiana Community Foundation
Alexandria, LA
$3,365,298
Asbury Foundation Of Hattiesburg Inc
Hattiesburg, MS
$755,686
Germantown Performing Arts Center
Germantown, TN
$2,067,183
Kingdom Trust
Nashville, TN
$1,021,597
The Nashville Chamber Public Benefit Foundation
Nashville, TN
$1,998,064
Louisiana Chamber Of Commerce Foundation Inc
New Orleans, LA
$3,094,258
Community Foundation Of West Alabama
Tuscaloosa, AL
$1,116,961
Union County Community Foundation
El Dorado, AR
$1,283,534
We Are One World Foundation Inc
Nashville, TN
$676,021
Community Foundation Of East Mississippi Inc
Meridian, MS
$1,446,535

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