Luckyday Foundation
- Assets
- $133.3m
- Revenue
- $18.6m
- Investments
- $132.1m
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 11/1978
- Data as of
- 12/2021
- EIN
- 64-0617746
Organization Overview
Luckyday Foundation is located in Jackson, MS. The organization was established in 1978. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Luckyday Foundation 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 12/2021, Luckyday Foundation generated $18.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 7 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, Luckyday Foundation has awarded 79 individual grants totaling $34,528,121. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trustmark National Bank Trustee | 5 | $76,663 | |
Holmes S Adams Chairman Of The Board | 4 | $20,000 | |
Jerry Host Foundation Manager | 2 | $5,000 | |
S Griffin Norquist Jr Foundation Manager | 2 | $5,000 | |
Kristin R Merrell Foundation Manager | 2 | $5,000 | |
Jamie Houston Foundation Manager | 2 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $20 |
| Dividends & Interest | $3,431,710 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,687,176 |
| Capital Gain Net Income | $14,687,176 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $468,991 |
| Total Revenue | $18,589,397 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $116,663 |
| Other employee salaries and wages | $107,039 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $121,200 |
| Depreciation | $184 |
| Occupancy | $33,829 |
| Travel, conferences, and meetings | $2,805 |
| Printing and publications | $0 |
| Other expenses | $58,674 |
| Total operating and administrative expenses | $848,776 |
| Contributions, gifts, grants paid | $6,458,384 |
| Total expenses and disbursements | $7,307,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,165,030 |
| 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 | $132,089,001 |
| Net Land, buildings, and equipment | $319 |
| Other assets | $0 |
| Total assets | $133,254,350 |
| 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 | $2,442 |
| Total liabilities | $2,442 |
Grants Awarded
Over the last fiscal year, Luckyday Foundation has awarded $6,458,384 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
University, MS PURPOSE: PROVIDE SUPPORT FOR HIGHER EDUCATION | $2,140,000 |
UNIV OF SOUTHERN MS FOUNDATION PURPOSE: PROVIDE SUPPORT FOR HIGHER EDUCATION | $1,388,384 |
University, MS PURPOSE: PROVIDE SUPPORT FOR CHILDREN'S OF MISSISSIPPI | $600,000 |
Jackson, MS PURPOSE: PROVIDE FOOD FOR THE NEEDY | $300,000 |
Jackson, MS PURPOSE: TO PROVIDE SUPPORT OF REHABILITATION CENTER CLINICAL RESEARCH AND THERAPY | $300,000 |
MAGNOLIA SPEECH SCHOOL PURPOSE: TO PROVIDE SUPPORT TO BUILD MADISON, MS FACILITY TO BENEFIT CHILDREN WITH COMMUNICATIVE DISORDERS. | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
The William B Wiener Jr Foundation Shreveport, LA | $23,196,478 | $3,677,470 |
Bashinsky Foundation Inc Birmingham, AL | $2,626,965 | $3,568,518 |
Ergon Foundation Inc Jackson, MS | $213,824,095 | $11,919,127 |
Winthrop Rockefeller Foundation Little Rock, AR | $169,499,273 | $12,187,719 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |