NonprofitsMississippi United Methodist Foundation Inc

Religion-Related

Mississippi United Methodist Foundation Inc

RIDGELAND, MS

Total revenue

$5.1M

Total expenses

$7.2M

Net assets

$56.0M

Grants received

$292K

7 grants

EIN

640507167

Tax year

2024

Mission

The methodist foundation of ms resources the church for effective ministry & fruitful generosity.

Programs

2 programs

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 $938,000 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.

Expenses: $1.2MGrants: $1.2M

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 more than 125 groups providing guidance, leadership, and workshops for church leaders and committees. 450 churches and nonprofit organizations are invested in the foundation with 59 new accounts in 2024. $29,478,866 in gifts and deposits was received during 2024 and $21,934,884 was distributed for charitable purposes.

Expenses: $4.9M

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$150K
Investment income$3.8M
Other revenue$61K
Total revenue$5.1M

Expenses

Grants paid$1.5M
Salaries & benefits$617K
Fundraising
Other expenses$5.1M
Total expenses$7.2M
Total assets$169.5M
Net assets$56.0M

People

29 listed

NameRoleCompensation

TODD D MARION

ASSOCIATE DIRECTOR/CFO

Board

$136K

40 hrs/wk

REV JOHN BRANNING

EXECUTIVE DIRECTOR

Board

$107K

40 hrs/wk

BILLIE SPRABERRY

TREASURER

Board

$98K

40 hrs/wk

CHRIS BOONE

PRESIDENT

Board

1 hrs/wk

DAN GIBSON

DIRECTOR

Board

1 hrs/wk

DANIEL HERRING

DIRECTOR

Board

1 hrs/wk

DAVID BECKLEY

DIRECTOR

Board

1 hrs/wk

DR ACIE WHITLOCK JR

DIRECTOR

Board

1 hrs/wk

DR JOE N BAILEY III

DIRECTOR

Board

1 hrs/wk

DR JOHN DAVID ROBINSON

DIRECTOR

Board

1 hrs/wk

DR RON WHITEHEAD

DIRECTOR

Board

1 hrs/wk

HENRY HOLIFIELD

DIRECTOR

Board

1 hrs/wk

JAN HITT

PAST PRESIDENT

Board

1 hrs/wk

BEN WALTON

DIRECTOR

Board

1 hrs/wk

KELLY RILEY

DIRECTOR

Board

1 hrs/wk

LESTER MYERS

DIRECTOR

Board

1 hrs/wk

MATT TRUSTY

DIRECTOR

Board

1 hrs/wk

PAUL DAVIS

DIRECTOR

Board

1 hrs/wk

REV JOHN MOORE

DIRECTOR

Board

1 hrs/wk

REV TIM PRATHER

DIRECTOR

Board

1 hrs/wk

REV ZACHARY BEASLEY

DIRECTOR

Board

1 hrs/wk

REV MITCHELL HEDGEPETH

DIRECTOR

Board

1 hrs/wk

STEPHEN COOK

DIRECTOR

Board

1 hrs/wk

TIM SISK

DIRECTOR

Board

1 hrs/wk

WALKER STURDIVANT

DIRECTOR

Board

1 hrs/wk

WESLEY PEPPER

DIRECTOR

Board

1 hrs/wk

JIM MOSS

DIRECTOR

Board

1 hrs/wk

BRENT WILSON

DIRECTOR

Board

1 hrs/wk

CHARLES LEGGETT JR

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$51K
For grant recipient's exempt purposes
2023
$51K
For grant recipient's exempt purposes
2020

Funded by

$292K from 3 funders · 7 grants · 2020–2023

Pinebelt Foundation

$145K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$102K · 2 grants · 2020–2023

R E Woolley Ua Charitable Trust Ii Trustmark

$45K · 4 grants · 2020–2023

Details

EIN640507167
NTEE codeX120
Subsection03
Ruling date1973-07
Formed1967
Employees5
Volunteers30
MISSISSIPPI UNITED METHODIST FOUNDATION INC — Mission, Financials & Grants Received | Grantivo