EIN 64-0507167

Mississippi Methodist Foundation

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
-- vision statement: the Foundation is a ministry established to provide innovative financial services to benefit united methodists in fulfillment of their Christian stewardship commitment in a rapidly changing society. The Foundation is committed to ...

Program areas at Mississippi Methodist Foundation

The Mississippi united Methodist Foundation awarded 95 undergraduate awards totaling $85,450, 13 seminary awards were given totaling $21,200, and $7,000 was given through the global board of higher education for total scholarships awarded of $113,650.
The Mississippi united Methodist Foundation provided investment management services for 774 churches and united 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 50 groups providing guidance, leadership, and workshops for church leaders and committees.
The Mississippi united Methodist Foundation distributed funds to various churches and nonprofits to further their exempt purpose. During the year, the endowments distributed $111,372 to various churches and nonprofits. The Foundation added an additional $1,500 which was awarded to 9 churches in furtherance of their exempt purpose and provided funds and scholarships for clergy leadership conferences of $5,500.

Form 990s for Mississippi Methodist Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-02-19990View PDF
2018-122020-01-31990View PDF
2017-122018-10-16990View PDF
2016-122017-11-29990View PDF
2015-122017-01-10990View PDF
...and 6 more Form 990s

Grants made by Mississippi Methodist Foundation

GranteeGrant descriptionAmount
Millsaps CollegeFulfill Charitable Intent of Endowment$15,734
Natchez Children's ServicesFulfill Charitable Intent of Endowment$13,317
Palmer Home for ChildrenFulfill Charitable Intent of Endowment$13,317
 View purchase optionsFulfill Charitable Intent of Endowment$13,316
 View purchase optionsFulfill Charitable Intent of Endowment$7,832
...and 1 more grants made

Financials for Mississippi Methodist Foundation

RevenuesFYE 12/2019
Total grants, contributions, etc.$1,413,193
Program services$142,829
Investment income and dividends$1,566,286
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,879,596
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,286
Total revenues$7,003,190

Personnel at Mississippi Methodist Foundation

Mary Lee ReedAssociate Director and Chief Financial Officer / Board Member$94,005
Melissa BlakelyOffice and Communications Manager / Associate Director and Chief Financial Officer
Mike HicksExecutive Director / Board Member$87,967
 View purchase optionsPast Executive Director$99,039
 View purchase optionsTreasurer$81,608
...and 3 more key personnel

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Nonprofit Types
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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
813211: Grantmaking Foundations
Parent/child status
Central organization