EIN 64-0507167

Methodist Foundation of Mississippi

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
Methodist Foundation of Mississippi resources the church for effective ministry and fruitful generosity and cultivates and administers current and deferred gifts for the benefit of MS United Methodist related institutions, agencies, local churches, and other ministries for charitable purposes and support. The foundation provides investment management services, distributes funds to various churches and nonprofits to further their exempt purpose. It endows more than $150,000 during the year.
Also known as...
Mississippi Methodist Foundation
Total revenues
Total expenses
Total assets
Num. employees

Program areas at Methodist Foundation of Mississippi

The Methodist Foundation of Mississippi awarded 147 scholarship awards totaling $196,185. of these awards $175,000 was awarded to undergraduate students and $21,185 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 100 groups providing guidance, leadership, and workshops for church leaders and committees. Churches and nonprofit organizations invested in the Foundation total 429 with 26 new accounts in 2022. A total of $18,061,035 in gifts and deposits were received during 2022 and $23,133,610 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. 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 their exempt purpose.

Grants made by Methodist Foundation of Mississippi

GranteeGrant descriptionAmount
Big Creek Methodist Cemetery AssociationFulfill Charitable Intent of Endowment$20,885
Palmer Home for ChildrenFulfill Charitable Intent of Endowment$18,232
French Camp AcademyFulfill Charitable Intent of Endowment$18,232
...and 10 more grants made

Who funds Methodist Foundation of Mississippi

Grants from foundations and other nonprofits
Pinebelt Foundation$145,259

Personnel at Methodist Foundation of Mississippi

Mary Lee ReedExecutive Director / Associate Director and Chief Financial Officer$46,435
Melissa BlakelyOffice and Communications Manager / Associate Director and Chief Financial Officer
Todd D MarionAssociate Director and Chief Financial Officer$64,167
John BranningExecutive Director$85,831
Richard M HicksPast Current Executive Director$67,040
...and 8 more key personnel

Financials for Methodist Foundation of Mississippi

RevenuesFYE 12/2022
Total grants, contributions, etc.$540,777
Program services$159,462
Investment income and dividends$1,242,486
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,326,935
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,627
Total revenues$6,271,287

Form 990s for Methodist Foundation of Mississippi

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-02-19990View PDF
2018-122020-01-31990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Updated personnel
Identified 6 new personnel
January 14, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 7, 2023
Updated personnel
Identified 1 new personnel
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $145,259 from Pinebelt Foundation
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsMutual assistance organizationsHeadquarter / parent organizationsCharities
Funds one specific organizationReligiousOperates donor advised fundsState / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
PO Box 2415
Ridgeland, MS 39158
Metro area
Jackson, MS
Madison County, MS
Website URL
(601) 948-8845
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
X11: Religion-Related Single Organization Support
NAICS code, primary
525110: Pension Funds
Parent/child status
Central organization
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