MISSISSIPPI METHODIST FOUNDATION INC
PO BOX 2415, RIDGELAND, MS 391582415 ms-umf.org

Total Revenue
$7,003,190
Total Expenses
$3,562,742
Net Assets
$39,594,411

Organizations Filed Purposes: THE FOUNDATION EXISTS TO CULTIVATE AND ADMINISTER CURRENT AND DEFERRED GIFTS FOR THE BENEFIT OF MS UNITED METHODIST RELATED INSTITUTIONS, AGENCIES, LOCAL CHURCHES, AND OTHER MINISTRIES FOR CHARITABLE PURPOSES AND SUPPORT AND TO EDUCATE THESE INSTITUTIONS IN CREATING A CULTURE OF GENEROSITY AND SOUND FINANCIAL PRACTICES.

THE MS UNITED METHODIST FND RESOURCES THE CHURCH FOR EFFECTIVE MINISTRY & FRUITFUL GENEROSITY.

THE MISSISSIPPI UNITED METHODIST FOUNDATION AWARDED 95 UNDERGRADUATE AWARDS TOTALING $85,450, 13 SEMINARY AWARDS WERE GIVEN TOTALING $21,200, AND $7,000 WAS GIVEN THROUGH THE GLOBAL BOARD OF HIGHER EDUCATION FOR TOTAL SCHOLARSHIPS AWARDED OF $113,650.

THE MISSISSIPPI UNITED METHODIST FOUNDATION DISTRIBUTED FUNDS TO VARIOUS CHURCHES AND NONPROFITS TO FURTHER THEIR EXEMPT PURPOSE. DURING THE YEAR, THE ENDOWMENTS DISTRIBUTED $111,372 TO VARIOUS CHURCHES AND NONPROFITS. THE FOUNDATION ADDED AN ADDITIONAL $1,500 WHICH WAS AWARDED TO 9 CHURCHES IN FURTHERANCE OF THEIR EXEMPT PURPOSE AND PROVIDED FUNDS AND SCHOLARSHIPS FOR CLERGY LEADERSHIP CONFERENCES OF $5,500.

THE MISSISSIPPI UNITED METHODIST FOUNDATION PROVIDED INVESTMENT MANAGEMENT SERVICES FOR 774 CHURCHES AND UNITED METHODIST AFFILIATES. THIS INCLUDES INVESTMENT DECISIONS, PURCHASES AND SALES, AS WELL AS, THE COLLECTION OF INVESTMENT INCOME AND ALLOCATION OF RETURNS . THE FOUNDATION PROVIDED GUIDANCE, LEADERSHIP, AND WORKSHOPS FOR CHURCH LEADERS AND COMMITTEES INCLUDING GENEROSITY, CHURCH AND INDIVIDUAL FINANCIAL MANAGEMENT, AND PLANNED GIVING. THE STAFF MET WITH NEARLY 50 GROUPS PROVIDING GUIDANCE, LEADERSHIP, AND WORKSHOPS FOR CHURCH LEADERS AND COMMITTEES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard M HicksEXECUTIVE DIRECTOR45$99,039
Mary Lee ReedASSOCIATE DIRECTOR / CFO40$94,005
Billie SpraberryTREASURER40$81,608
Zachary BeasleyDIRECTOR1$0
Walker SturdivantDIRECTOR1$0
Wade WattsDIRECTOR1$0
Turner ArantDIRECTOR1$0
Tom MccormickDIRECTOR1$0
Tim PratherDIRECTOR1$0
Ron WhiteheadDIRECTOR1$0
Raymond MillerDIRECTOR1$0
Mitchell B HedgepethPRESIDENT1$0
Lester MyersDIRECTOR1$0
Kelly RileyPAST PRESIDENT1$0
John MooreDIRECTOR1$0
John David RobinsonDIRECTOR1$0
Joe N Bailey IiiDIRECTOR1$0
Joe LandrumDIRECTOR1$0
Jesse L Ross JrDIRECTOR1$0
Jeffery S ShannonVICE-PRESIDENT1$0
Jan HittSECRETARY1$0
James SwansonCHAIRPERSON1$0
Howard E Boone JrDIRECTOR1$0
Henry HolifieldDIRECTOR1$0
Freddie J BagleyDIRECTOR1$0
Charles Leggett JrDIRECTOR1$0
Ben WaltonDIRECTOR1$0
Anna Fleming-JonesDIRECTOR1$0
Acie Whitlock JrDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202032969349301003_public.xml