Mississippi Power Foundation Inc

Organization Overview

Mississippi Power Foundation Inc is located in Gulfport, MS. The organization was established in 1998. 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. Mississippi Power 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 12/2021, Mississippi Power Foundation Inc generated $12.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Mississippi Power Foundation Inc has awarded 597 individual grants totaling $5,959,975. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $7,710,011
Interest on Savings $0
Dividends & Interest $2,212,921
Net Rental Income$0
Net Gain on Sale of Assets $2,616,690
Capital Gain Net Income $2,616,690
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $177
Total Revenue $12,539,799

Grants Awarded

Over the last fiscal year, Mississippi Power Foundation Inc has awarded $1,364,837 in support to 78 organizations.

Grant RecipientAmount

LYNN MEADOWS DISCOVERY CENTER

Org PageRecipient Profile

Gulfport, MS

PURPOSE: DONATION FOR THE SAFETY CITY PROGRAM AND SUPPORTING EDUCATIONAL ACTIVITES FOR PRE-K TO SCHOOL AGE CHLLDREN

$105,000

CATHOLIC SOCIAL & COMMUNITY SERVICES

Org PageRecipient Profile

Biloxi, MS

PURPOSE: COVID-10 RELIEF EFFORT-DOLLARS TO ASSIST WITH UNDERPRIVILEGED IN PAYING BILLS.

$100,000

COMMUNITY DEVELOPMENT FOUNDATION OF JONES COUNTY

PURPOSE: MINORITY SMALL BUSINESS GRANTS/CITY OF ELLISVILLE PARK PAVILLON RENOVATION/TOWN OF HEILDELBERG REVITALIZATION/WAYNE COUNTY CHAMBER FOR RHINEHART SQUARE PHASE 3 REVITALIZATION

$90,000

UNITED WAY FOR JACKSON & GEORGE COUNTIES

PURPOSE: MATCHING PAYMENT PROGRAM/ACT WORK PGM FOR MOSS POINT & OCEAN SPRINGS HIGH SCHOOL STUDENTS/MINORITY BUSINESS OWNER GRANTS

$69,691

THE GREATER PINEBELT COMMUNITY FOUNDATION

Org PageRecipient Profile

Hattiesburg, MS

PURPOSE: PINEY WOODS CONSERVATION DONATION/HATTIESBURG ZOO ELECTRIC TRAIN DONATION

$55,000

COLUMBIA-MARION COUNTY DEVELOPMENT FOUNDATION

PURPOSE: SUPPORT ACT WORK READY PROGRAM AND DOWNTOWN COLUMBIA STREETSCAPE PROJECT

$55,000
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