Mississippi State University Foundation Inc

Organization Overview

Mississippi State University Foundation Inc is located in Mississippi State, MS. The organization was established in 1997. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. As of 06/2021, Mississippi State University Foundation Inc employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi State University Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Mississippi State University Foundation Inc generated $59.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $68.5m during the year ending 06/2020. While expenses have increased by 5.9% 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 2015, Mississippi State University Foundation Inc has awarded 24 individual grants totaling $315,601,230. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS INCLUDES AMOUNTS PAID TO MISSISSIPPI STATE UNIVERSITY FOR SCHOLARSHIPS AND OTHER REQUESTS SUCH AS RESEARCH, TEACHING NEEDS AND OTHER DEPARTMENTAL REQUESTS.


THIS INCLUDES AMOUNTS PAID TO THE BULLDOG CLUB PRIMARILY FOR ATHLETIC NEEDS.


THIS INCLUDES AMOUNTS PAID TO THE ALUMNI ASSOCIATION TO SUPPLEMENT THEIR PROGRAM IN SERVICING THE ALUMNI OF MISSISSIPPI STATE UNIVERSITY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kpmg Llp
Audit Services
$111,000
Hederman Brothers
Commercial Printing Services
$204,397
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$52,936,281
Investment income $3,287,846
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $366,748
Net Gain/Loss on Asset Sales -$96,962
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $59,624,907

Grants Awarded

Over the last fiscal year, Mississippi State University Foundation Inc has awarded $32,981,454 in support to 3 organizations.

Grant RecipientAmount

MISSISSIPPI STATE UNIVERSITY

Org PageRecipient Profile

Mississippi State, MS

PURPOSE: SEE PART IV

$30,870,601

Mississippi State, MS

PURPOSE: SEE PART IV

$1,231,214

MSU ALUMNI ASSOCIATION

PURPOSE: SEE PART IV

$879,639
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Mississippi State University Foundation Inc has recieved totaling $3,649.

Awarding OrganizationAmount
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$1,029
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$500
Konstantin Family Foundation

Wilmington, DE

PURPOSE: EARLY AMERICANS OF THE SOUTHEAST (EASE) ADVANCEMENT FUND

$500
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$260
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$258
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$401,281,208
Earnings$109,916,044
Net Contributions$31,946,887
Other Expense-$3,064,445
Grants$12,330,545
Ending Balance$533,878,039

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