Overview
What is Methodist Foundation Of Mississippi Inc?
Methodist Foundation of Mississippi Inc is a nonprofit organization located in Ridgeland, Mississippi. Its primary mission is to support Mississippi United Methodist-related institutions, agencies, local churches, and ministries by managing and distributing charitable funds. The foundation aims to cultivate generosity and promote sound financial practices among these entities. In 20XX, it awarded 147 scholarships worth a total of $196,185, with $175,000 going to undergraduate students and $21,185 to seminary students. Additionally, the foundation offers educational resources to help these institutions create a culture of generosity. With a team of eight employees, the Methodist Foundation of Mississippi Inc plays a vital role in supporting the educational and charitable endeavors of the United Methodist community in Mississippi.
Official website here: www.methodistfm.org
Is Methodist Foundation Of Mississippi Inc legitimate?
Methodist Foundation Of Mississippi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Foundation Of Mississippi Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $303,727
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,463
For more financial information, click here
Official website here: www.methodistfm.org
What is the mission statement of Methodist Foundation Of Mississippi Inc?
The Methodist Foundation of Mississippi's primary purpose is to manage and distribute charitable funds for the benefit of various United Methodist-related institutions, agencies, local churches, and other ministries. The foundation aims to cultivate a culture of generosity and sound financial practices among these institutions. One of its key activities includes awarding scholarships, with $175,000 given to undergraduate students and $21,185 to seminary students, in addition to $2,500 awarded through the Global Board of Higher Education. The foundation's mission also includes educating these institutions to enhance their ability to raise and manage funds effectively.
Official website here: www.methodistfm.org
Who is the CEO of Methodist Foundation Of Mississippi Inc?
Dr Todd D Marion Cpa is the Director of Methodist Foundation Of Mississippi Inc.
Official website here: www.methodistfm.org
What is the revenue of Methodist Foundation Of Mississippi Inc?
Methodist Foundation Of Mississippi Inc's revenue in 2022 was $6,271,287.
Official website here: www.methodistfm.org
Who are the executives of Methodist Foundation Of Mississippi Inc and what are their salaries?
The average compensation at Methodist Foundation Of Mississippi Inc during 2022 was $47,024. There are 8 employees and 26 volunteers at Methodist Foundation Of Mississippi Inc.
Here are 30 key members and their salaries:
- Rev John Branning (Executive Director)
- Billie Spraberry (Treasurer) [Trustee/Director]
- Todd Marion (Associate Director/Cfo)
- Mary Lee Reed (Associate Director/Cfo Thru 6/30)
- Dr Acie Whitlock Jr (Director)
- Ben Walton (Director)
- Bishop James Swanson (Chairperson) [Trustee/Director]
- Charles Leggett Jr (Director)
- Chris Boone (Director)
- Dan Gibson (Director)
- David Beckley (Director)
- Freddie J Bagley (Director)
- Henry Holifield (Director)
- Jan Hitt (Secretary) [Trustee/Director]
- Jesse L Ross Jr (Past President) [Trustee/Director]
- Jim Moss (Director)
- John David Robinson (Director)
- Rev John Moore (Director)
- Kelly Riley (Director)
- Lester Myers (Director)
- Paul Davis (Director)
- Rev Aislinn Kopp (Director)
- Rev Joe Bailey Iii (Vice-President) [Trustee/Director]
- Rev Joe Landrum (President) [Trustee/Director]
- Rev Mitchell Hedgepeth (Director)
- Dr Ron Whitehead (Director)
- Tim Prather (Director)
- Tom Mccormick (Director)
- Walker Sturdivant (Director)
- Rev Zachary Beasley (Director)
Official website here: www.methodistfm.org
Where can I find the form 990 for Methodist Foundation Of Mississippi Inc?
The Methodist Foundation Of Mississippi Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.methodistfm.org
Learn more at the official website: www.methodistfm.org
Mission Statement of Methodist Foundation Of Mississippi Inc
The Methodist Foundation of Mississippi Inc exists with a mission to cultivate and manage current and deferred gifts for the benefit of various United Methodist-related institutions, agencies, local churches, and other ministries. This nonprofit organization operates with charitable purposes in mind, aiming to provide support and education to these institutions in the creation of a culture of generosity and sound financial practices.
In essence, the Methodist Foundation of Mississippi Inc serves as a resource for the church, working towards effective ministry and fruitful generosity. Its primary objective is to administer gifts, both current and deferred, to support a wide range of United Methodist-affiliated entities. By doing so, the foundation aims to empower these organizations to carry out their mission and make a positive impact in their communities. Additionally, the Methodist Foundation of Mississippi Inc is dedicated to educating these institutions on the importance of fostering a culture of generosity and implementing sound financial practices.
The Methodist Foundation of Mississippi Inc demonstrates its commitment to this mission by awarding scholarships to undergraduate and seminary students. In the recent year, the foundation granted 147 scholarship awards totaling $196,185. Out of these awards, $175,000 was allocated to undergraduate students, and $21,185 was given to seminary students. Furthermore, the foundation awarded an additional $2,500 through the Global Board of Higher Education, further demonstrating its dedication to supporting education and future leaders within the United Methodist community.
Impact
This information is meant to be a general summary of Methodist Foundation Of Mississippi Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Methodist Foundation Of Mississippi Inc's impact includes awarding 147 scholarship awards totaling $196,185, with $175,000 going to undergraduate students and $21,185 to seminary students. An additional $2,500 was awarded through the Global Board of Higher Education. The foundation's mission is to cultivate and administer current and deferred gifts for the benefit of Mississippi United Methodist-related institutions, agencies, local churches, and other ministries for charitable purposes and support. They also educate these institutions in creating a culture of generosity and sound financial practices.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$159,462
Organization Details
Founding Year
1967
Phone
(601) 948-8845
Principal Officer
Dr Todd D Marion Cpa
Main Address
PO BOX 2415, RIDGELAND, MS, 391582415
Website
www.methodistfm.org
NTEE Category
Code: X120 - Religion related
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