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← FOUNDATION FOR THE MID SOUTH INC

Form 990 for tax year 2023

Filed by FOUNDATION FOR THE MID SOUTH INC.

Totals

Total revenue
$2,008,336
Total expenses
$2,588,683
Contributions and grants received
$1,564,022
Grants paid
$557,775
Program service revenue
$0
Investment income
$443,444
Other revenue
$870
Total assets, end of year
$22,533,472
Total liabilities, end of year
$3,334,030
Net assets or fund balances, end of year
$19,199,442
Program services expenses (Part IX)
$1,724,804
Management and general expenses
$863,879
Fundraising expenses
$0
Program service expenses (Part III)
$1,724,804

Program services were 66.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KENNETH TRAMBLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MITZI WOODS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ELLIS ARNOLD III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LAURA LANDREAUX

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • THEODORE BUNTING JR

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • GARY WILTZ

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • CANDACE RANDLE PERSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • CARLOS E MOORE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • GREGORY JOHNSON

    PRESIDENT/CEO

    Total calculated
    $57,051
    From this org
    $53,752
    From related orgs
    $0
    Other
    $3,299
    Hours/week
    40

  • KIMBERLY MCMILLAM

    CFO

    Total calculated
    $126,411
    From this org
    $100,830
    From related orgs
    $0
    Other
    $25,581
    Hours/week
    40

  • DR IVYE L ALLEN

    FORMER PRESIDENT/CEO

    Total calculated
    $225,841
    From this org
    $193,628
    From related orgs
    $0
    Other
    $32,213
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,628
    Bonus
    $0
    Other
    $0
    Deferred
    $20,536
    Nontaxable benefits
    $11,677
    Filer's total
    $225,841

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
DR. IVYE ALLEN $225,841 (AMOUNT REPORTED ON 2023 FORM W-2 PLUS NONTAXABLE BENEFITS OF $32,213).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • MISSISSIPPI BLACK WOMEN'S ROUNDTABLE

    $155,000

    TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI.

  • ONE VOICE INC

    $100,000

    TO SUPPORT EFFORTS TO INCREASE VOTER ENGAGEMENT AROUND ISSUES OF ECONOMIC AND RACIAL JUSTICE.

  • MISSISSIPPI VOTES

    $90,000

    TO SUPPORT EFFORTS TO INCREASE VOTER ENGAGEMENT AROUND ISSUES OF ECONOMIC AND RACIAL JUSTICE.

  • MISSISSIPPI STATE CONFERENCE OF THE NAACP

    $35,000

    TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI.

  • HIGHER PURPOSE

    $20,000

    TO SUPPORT EFFORTS TO INCREASE VOTER ENGAGEMENT AROUND ISSUES OF ECONOMIC AND RACIAL JUSTICE.

  • MISSION MISSISSIPPI

    $18,000

    TRUTH, RACIAL HEALING AND TRANSFORMATION (TRHT) IS A COMPREHENSIVE, NATIONAL AND COMMUNITY BASED PROCESS TO PLAN FOR AND BRING ABOUT TRANSFROMATIONAL AND SUSTAINABLE CHANGE, AND TO ADDRESS THE HISTRORIC AND COMTEMPORARY EFFECTS OF RACISM. TO ORGANIZE, FACILITATE, AND CONDUCT LISTENING SESSIONS AND COMMUNITY DIALOGUES, WHEREBY COMMUNITIES ENGAGE IN DISCUSSIONS ABOUT TRUTH, RACIAL HEALING, AND TRANSFORMATION.

  • JACKSON STATE UNIVERSITY INSTITUTE OF SOCIAL JUSTICE AND REFORM

    $18,000

    TRUTH, RACIAL HEALING AND TRANSFORMATION (TRHT) IS A COMPREHENSIVE, NATIONAL AND COMMUNITY BASED PROCESS TO PLAN FOR AND BRING ABOUT TRANSFORMATIONAL AND SUSTAINABLE CHANGE, AND TO ADDRESS THE HISTORIC AND COMTEMPORARY EFFECTS OF RACISM. TO EMBED TRUTH, RACIAL HEALING AND TRANSFORMATION FRAMEWORK INTO THE ETHOS, CULTURE AND ENVIRONMENT OF ANCHOR INSTITUTIONS AND OTHER COMMUNITY-BASED ORGANIZATIONS.

  • NESHOBA YOUTH COALITION

    $18,000

    TRUTH, RACIAL HEALING AND TRANSFORMATION (TRHT) IS A COMPREHENSIVE, NATIONAL AND COMMUNITY BASED PROCESS TO PLAN FOR AND BRING ABOUT TRANSFORMATIONAL AND SUSTAINABLE CHANGE, AND TO ADDRESS THE HISTORIC AND COMTEMPORARY EFFECTS OF RACISM. TO EMBED TRHT FRAMEWORK INTO THE ETHOS, CULTURE AND ENVIRONMENT OF ANCHOR INSTITUTIONS AND OTHER COMMUNITY-BASED ORGANIZATIONS.

  • MILLSAPS COLLEGE

    $18,000

    TRUTH, RACIAL HEALING AND TRANSFORMATION (TRHT) IS A COMPREHENSIVE, NATIONAL AND COMMUNITY BASED PROCESS TO PLAN FOR AND BRING ABOUT TRANSFORMATIONAL AND SUSTAINABLE CHANGE, AND TO ADDRESS THE HISTORIC AND COMTEMPORARY EFFECTS OF RACISM. TO CREATE A TRHT CAMPUS CENTER.

  • THE ALLUVIAL COLLECTIVE

    $18,000

    TRUTH, RACIAL HEALING AND TRANSFORMATION (TRHT) IS A COMPREHENSIVE, NATIONAL AND COMMUNITY BASED PROCESS TO PLAN FOR AND BRING ABOUT TRANSFORMATIONAL AND SUSTAINABLE CHANGE, AND TO ADDRESS THE HISTORIC AND COMTEMPORARY EFFECTS OF RACISM. TO EMBED TRHT FRAMEWORK INTO THE ETHOS, CULTURE AND ENVIRONMENT OF ANCHOR INSTITUTIONS AND OTHER COMMUNITY-BASED ORGANIZATIONS.

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2023
Filed
29 March 2025
IRS schema version
2023v6.0
Source object
202540909349301014

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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