Warren A Hood Jr Family Foundation
- Assets
- $15.9m
- Revenue
- $690.9k
- Investments
- $15.8m
- Employees
- 0
- Location
- Hattiesburg, MS
- Founding
- 04/2007
- Data as of
- 12/2020
- EIN
- 20-5928288
Organization Overview
Warren A Hood Jr Family Foundation is located in Hattiesburg, MS. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Warren A Hood Jr Family Foundation generated $690.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $980.1k during the year ending 12/2020. While expenses have increased by 13.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Warren A Hood Jr Family Foundation has awarded 14 individual grants totaling $2,005,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren A Hood Jr President | 0 | $0 | |
Regions Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $441,346 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $249,600 |
| Capital Gain Net Income | $249,600 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $690,946 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,670 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $109,916 |
| Contributions, gifts, grants paid | $870,200 |
| Total expenses and disbursements | $980,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,033 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $488,095 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,925,898 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Warren A Hood Jr Family Foundation has awarded $870,200 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
PARKWAY HEIGHTS UNITED METHODIST CHURCH PURPOSE: TO SUPPORT THE PURPOSE OF THE CHURCH | $525,200 |
Hattiesburg, MS PURPOSE: TO SUPPORT THE PURPOSE OF THE MEDICAL & DENTAL MISSION | $250,000 |
CLEVELAND CLINIC PHILANTHROPY INSTITUTE PURPOSE: TO SUPPORT THE MISSION OF THE PHILANTHROPY INSTITUTE | $50,000 |
EDWARDS STREET FELLOWSHIP CENTER PURPOSE: TO SUPPORT THE PURPOSE OF THE EDWARDS STREET FELLOWSHIP CENTER MISSION | $20,000 |
EXTRA TABLE PURPOSE: TO SUPPORT THE PURPOSE OF THE EXTRA TABLE MISSION | $15,000 |
Ridgeland, MS PURPOSE: TO SUPPORT THE PURPOSE OF THE DIABETES FOUNDATION OF MISSISSIPPI | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jesus Fund Little Rock, AR | $380,841,647 | $58,149,126 |
Alice L Walton Foundation Bentonville, AR | $329,243,111 | $216,660,508 |
Poplar Foundation Memphis, TN | $206,573,249 | $12,576,233 |
Haslam Family Foundation Inc Knoxville, TN | $43,447,410 | -$162,507 |
Builders Initiative Bentonville, AR | $484,566,138 | $46,396,757 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $330,907,023 | $12,488,261 |
Fore Kids Foundation Inc Avondale, LA | $6,331,800 | $13,892,145 |
Plough Foundation Memphis, TN | $42,045,555 | $3,806,105 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $227,666,305 | $8,839,261 |
The Haslam 3 Foundation Inc Knoxville, TN | $8,168,678 | $11,057,289 |
Scarlett Family Foundation Nashville, TN | $0 | $2,684,641 |