The Mississippi Gulf Coast Community College Foundation Inc

Organization Overview

The Mississippi Gulf Coast Community College Foundation Inc is located in Perkinston, MS. The organization was established in 1916. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Gulf Coast Community College 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 06/2021, Mississippi Gulf Coast Community College Foundation Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S PURPOSE IS TO PROMOTE, ENCOURAGE, AND ASSIST IN ALL FORMS OF EDUCATION AND RESEARCH IN THE MS GULF COAST COMMUNITY COLLEGE'S DISTRICTS, CAMPUSES, AND ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARDING OF SCHOLARSHIPS TO APPROVED STUDENTS AND ASSISTING MISSISSIPPI GULF COAST COMMUNITY COLLEGE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$978,066
Noncash contributions included in lines 1a–1f $25,000
Total Revenue from Contributions, Gifts, Grants & Similar$978,066
Total Program Service Revenue$0
Investment income $256,793
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $514,861
Net Income from Fundraising Events $247,118
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,996,838

Grants Recieved

Over the last fiscal year, we have identified 5 grants that The Mississippi Gulf Coast Community College Foundation Inc has recieved totaling $33,805.

Awarding OrganizationAmount
Engelstad Fam Foundation

Las Vegas, NV

PURPOSE: PROGRAM SUPPORT

$15,000
Blue Cross & Blue Shield Of Mississippi Foundation

Flowood, MS

PURPOSE: HEALTH & WELLNESS - UNIVERSITY AND COLLEGE TOBACCO-FREE POLICY TIER 2

$10,000
Dixie Electric Power Assn

Laurel, MS

PURPOSE: ELECTRIC LINEMAN PRO

$8,000
Albemarle Foundation

Charlotte, NC

PURPOSE: PROGRAM ASSISTANCE

$800
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,901,403
Net Contributions$275,020
Ending Balance$6,176,423

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