Program areas at Methodist Foundation of Mississippi
The Methodist Foundation of Mississippi awarded 155 scholarship awards totaling $197,475. of these awards $162,475 was awarded to undergraduate students and $35,000 was awarded to seminary students. An additional $2,500 was awarded through the global board of higher education.
The Methodist Foundation of Mississippi provided investment management services for churches and Methodist affiliates. This includes investment decisions, purchases and sales, as well as, the collection of investment income and allocation of returns. The Foundation provided guidance, leadership, and workshops for church leaders and committees including generosity, church and individual financial management, and planned giving. The staff met with nearly 125 groups providing guidance, leadership, and workshops for church leaders and committees. 450 churches and nonprofit organizations are invested in the Foundation with 37 new accounts in 2023. $24,303,105 in gifts and deposits was received during 2023 and $24,374,940 was distributed for charitable purposes.
The Methodist Foundation of Mississippi distributed funds to various churches and nonprofits to further their exempt purpose. During the year, the endowments were distributed totaling more than $150,000 to various churches and nonprofits to further their purposes. The Foundation added additional funds to individual churches and clergy in furtherance of their exempt purpose and missions. The Foundation also provided support to the denominational conference in furtherance of our exempt purpose.