EIN 72-1370746

Mississippi Power Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
1998
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Mississippi Power Foundation is a corporate foundation that primarily funds COVID-19 community relief efforts, heritage scholarships, and supports the First Robotics team and 13th annual reconciliation week. The foundation's purpose is to help fund gifts to various nonprofits through earnings from investing. Last year, the foundation made 89 grants.
Total revenues
$-474,889
2022
Total expenses
$1,743,558
2022
Total assets
$36,357,553
2022
Num. employees
n/a

Program areas at Mississippi Power Foundation

The earnings from investing help fund gifts to various nonprofits.
The earnings from investing help fund gifts to various nonprofits.

Grants made by Mississippi Power Foundation

GranteeGrant descriptionAmount
Mississippi Coast Model Railroad MuseumExpand Opeartions of the Railroad Museum To Include Stem Lab$100,000
William Carey UniversityEstablishment of Student Success Center and Renovate Building To House Soltuions Center for Supporting Therapy Programs for Children With Neuro-Diverse Disabilities.$90,000
United Way for Jackson and George Counties Mississippi IncorporatedMatching Payment Program/act Work PGM for Moss Point & Ocean Springs High School Students/minority Business Owner Grants$65,918
...and 50 more grants made totalling $943,613

Personnel at Mississippi Power Foundation

NameTitleCompensation
Moses FeaginVice President, Treasurer, Chief Financial Officer and Chief Diversity Officer$0
Fran ForehandVice President of Customer Service and Operations$0
Jeffrey A. StoneVice President, General
Jim HeilbronSenior Vice President and Senior Production Officer
Michael SmithVice President and Senior Production Officer
...and 7 more key personnel

Financials for Mississippi Power Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$1,051,691
Net rental income$0
Net gain from sale of non-inventory assets$-1,526,580
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$-474,889

Form 990s for Mississippi Power Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-10-10990PFView PDF
2020-122021-09-22990PFView PDF
2019-122021-06-10990PFView PDF
2018-122019-10-12990PFView PDF
2017-122018-09-12990PFView PDF
...and 6 more Form 990s
Data update history
May 7, 2023
Updated personnel
Identified 3 new personnel
January 26, 2023
Updated personnel
Identified 4 new personnel
August 14, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 3, 2022
Updated personnel
Identified 3 new personnel
October 6, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelTax deductible donations
General information
Address
PO Box 4079
Gulfport, MS 39502
Metro area
Gulfport-Biloxi, MS
County
Harrison County, MS
Website URL
mississippipower.com/ 
Phone
(228) 864-1211
IRS details
EIN
72-1370746
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Mississippi Power Foundation has new information, or want to find more organizations like Mississippi Power Foundation?

Create free Cause IQ account