Form 990 for tax year 2024

Totals

Total revenue

$693,649

Total expenses

$2,601,712

Contributions and grants received

$101,225

Grants paid

$426,500

Program service revenue

$0

Investment income

$589,433

Other revenue

$2,991

Total assets, end of year

$22,414,415

Total liabilities, end of year

$934,339

Net assets or fund balances, end of year

$21,480,076

Program services expenses (Part IX)

$1,533,847

Management and general expenses

$1,067,865

Fundraising expenses

$0

Program service expenses (Part III)

$1,533,847

Program services were 59.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• ECONOMIC OPPORTUNITIES:THE FOUNDATION EXPANDED ITS FOOTPRINT IN WORKFORCE DEVELOPMENT AND ECONOMIC MOBILITY: - W.K. KELLOGG FOUNDATION (WKKF): SECURED A 12-MONTH EXTENSION FOR THE MOVING MISSISSIPPIANS FORWARD WORKFORCE GRAN! WITH A REFINED STRATEGY FOCUSING ON: - CAREER PATHWAY PROGRAMS: RECRUITMENT, TRAINING, AND JOB PLACEMENT FOR ADULTS AND YOUTH. - INTERNSHIPS & APPRENTICESHIPS: PARTNERSHIPS WITH HEALTHCARE AND TECHNICAL INSTITUTIONS TO PROVIDE PAID WORK EXPERIENCES. - SUPPORT STAFF AND CAREER COACHES: NEW ROLES INTRODUCED TO ASSIST PARTICIPANTS THROUGH COMPLETION AND JOB PLACEMENT. STRATEGIC FUNDRAISING AND PARTNERSHIPS: - ENGAGED FINANCIAL INSTITUTIONS TO EXPLORE SCALABLE MODELS OF FINANCIAL INCLUSION AND MUNICIPAL-LEVEL ENGAGEMENT.IMPACT: FMS IS ADVANCING TOWARD ITS STRATEGIC GOAL OF REDUCING UNEMPLOYMENT BY 5% ACROSS TARGET COMMUNITIES THROUGH WORKFORCE UPSKILLING AND FINANCIAL EMPOWERMENT.

  Expenses $1,000

• EDUCATION OPPORTUNITIES:FOUNDATION FOR THE MID SOUTH (FMS) ADVANCED EDUCATION EQUITY INITIATIVES ACROSS THE REGION BY: - YOUTH DEVELOPMENT: DELIVERED KEYNOTE PRESENTATIONS AND LEADERSHIP SESSIONS AT THE GEAR UP LEADERSHIP ACADEMY (DELTA STATE UNIVERSITY, JUNE 2024), PROMOTING YOUTH LEADERSHIP, ACADEMIC PERSISTENCE, AND WORKFORCE READINESS. - FMS SPONSORED THE MISSISSIPPI CONSORTIUM OF HIGHER EDUCATION IN PRISONS (MCI-IEP) CONVENING. THE MCHEP CONVENING IS AN ANNUAL EVENT THAT FOCUSES ON BEST PRACTICES, POLICY UPDATES, PELL IMPLEMENTATION INFORMATION DESIGNED TO ASSIST COLLEGES, UNIVERSITIES, AND PARTNERS IN PRISON EDUCATION WORK TO PROVIDE MEANINGFUL INSTRNCTION LEADING TO DEGREE COMPLETION. - FMS SPONSORED TEACHELLA AUGUST 31, 2024. TEACHELLA IS AN EDUCATOR EXPO DESIGNED FOR ALL EDUCATORS TO COME TOGETHER AND INITIATE THE MOVEMENT THAT IS NEEDED TO INCREASE TEACHER RETENTION AND RECRUITMENT TO HELP COMBAT MISSISSIPPI'S CRITICAL TEACHER SHORTAGE. - FMS EDUCATION PROVIDED FOUR SUMMER CAMPS DURING JUNE AND JULY, WITH 175 STUDENTS REPRESENTING ALL NINE SCHOOL DISTRICTS. TO PREPARE FOR THE SUMMER CAMPS, THE GEAR UP PROGRAMS TEAMS HOSTED TWO ORIENTATION SESSIONS. THE FIRST SESSION WAS FOR DISTRICT LIAISONS/CHAPERONES, WITH 100% DISTRICT PARTICIPATION. THE SECOND SESSION WAS FOR PARENTS, WITH 100% DISTRICT PARTICIPATION. - THE GEAR-UP TEAM SECURED TEN PMINERSHIP MEETINGS (100%) WITH SCHOOL LEADERS FROM JULY 30, 2024, THROUGH AUGUST 9, 2024, TO IMPROVE COMMUNICATION AND LEARNING OPPO1IUNITIES WITH ONE OF OUR PAIINERS, GET2COLLEGE. THESE EFFORTS AND PLANS WERE IMPLEMENTED TO ENSURE GEAR-UP SCHOLARS CAN MAXIMIZE ALL THE FREE EDUCATIONAL OPP01IUNITIES THAT GEAR-UP MISSISSIPPI DELTA AFFORDS THEM AS HIGH SCHOOL STUDENTS.- THROUGH THE MISSISSIPPI DELTA GEAR UP PMINERSHIP, FMS ACCOMPLISHED THE FOLLOWING:--1,843 STUDENTS SERVED--14,482 TOTAL SERVICE HOURS--96% SCHOOLS SERVEDIMPACT: THE EDUCATION WORK DIRECTLY CONTRIBUTES TO FMS'S STRATEGIC GOAL OF RAISING HIGH SCHOOL GRADUATION RATES BY 10% ACROSS THE TRI-STATE REGION BY 2030.

  Expenses $385,101

• HEALTHY OPPORTUNITIES:THE FOUNDATION ADVANCED BOTH MENTAL HEALTH AND PHYSICAL HEALTH EQUITY IN 2024: - MENTAL HEALTH LEADERSHIP: FMS INTERN JOHN R. WALKER WAS APPOINTED TO THE MISSISSIPPI K-12 AND POSTSECONDARY MENTAL HEALTH TASK FORCE, ESTABLISHED THROUGH SENATE BILL 2727. HE IS THE ONLY YOUTH REPRESENTATIVE STATEWIDE, A NOTABLE EXAMPLE OF FMS'S LEADERSHIP CULTIVATION MODEL. - PARTNERSHIP WITH MISSISSIPPI DEPARTMENT OF HEALTH (MDH):--INTEGRATED FMS'S REENTRY RESOURCE GUIDE (RRG) INTO THE MDH STATEWIDE WEBSITE.--EXPANDED CHW (COMMUNITY HEALTH WORKER) TRAINING AND CE1TIFICATION EFFORTS FOR COMMUNITY-BASED WORKFORCE EXPANSION.- PHILANTHROPIC ALIGNMENT:--COLLABORATED WITH THE ROBERT WOOD JOHNSON FOUNDATION (RWJF) ON HEALTH EQUITY CONCEPT NOTES.--SECURED $25,000 FROM JULIE H WALKER LEGACY FOUNDATION FOR STUDENT EMERGENCY MEDICAL TRAINING.IMPACT: THESE PARTNERSHIPS POSITIONED FMS AS A KEY INTERMEDIARY FOR PUBLIC HEALTH CAPACITY-BUILDING IN UNDERSERVED COMMUNITIES, ESPECIALLY THROUGH WORKFORCE-LINKED HEALTH INITIATIVES.

• COMMUNITY ENGAGEMENT AND EVENTS:UNDER THE TRHT FRAMEWORK, FMS SUPPORTED SIX COMMUNITY PARTNERS-MILLSAPS COLLEGE, JACKSON STATE UNIVERSITY, TOUGALOO COLLEGE, MISSION MISSISSIPPI, NESHOBA YOUTH COALITION, AND THE ALLUVIAL COLLECTIVE-TO DESIGN AND LEAD LOCAL RACIAL HEALING PROGRAMS: - REACH: OVER 800 PARTICIPANTS STATEWIDE, SPANNING COMMUNITY DIALOGUES, STORYTELLING CIRCLES, AND SYMPOSIA. - HIGHLIGHTS:--MILLSAPS COLLEGE HOSTED JUNETEENTH ST01YTELLING FORUMS EXPLORING ECONOMIC EQUITY.--MISSION MISSISSIPPI LED "ONE COMMUNITY" DIALOGUES ACROSS BILOXI, HATTIESBURG, AND PICAYUNE.--TOUGALOO COLLEGE CONVENED "ROOTED IN RESILIENCE" FIRESIDE CHATS ON BLACK AGRICULTURAL EQUITY.--THE ALLUVIAL COLLECTIVE ADDRESSED JACKSON'S WATER CRISIS THROUGH ENVIRONMENTAL JUSTICE ROUNDTABLES. - TRHT MEDIA PROJECT:--PARTNERED WITH JACKSONIAN MEDIA TO DOCUMENT RACIAL HEALING EVENTS; FOUR MAJOR RECORDINGS WERE COMPLETED AND ARCHIVED (JUNE-JULY 2024). - EVALUATION: EVALUATOR RODNEY WASHINGTON RECEIVED NATIONAL RECOGNITION AS A ROBERT WOOD JOHNSON FOUNDATION CULTURE OF HEALTH LEADER, ELEVATING THE PROFILE OF THE MISSISSIPPI TRHT INITIATIVE.

  Expenses $1,147,746 · Grants $426,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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 ENGAGED

  $200,000

  TO ADDRESS, EDUCATE, AND COORDINATE CIVIC ENGAGEMENT ACTIVITIES TO STRENGTHEN AND CONNECT PROGRESSIVE NONPROFIT ORGANIZATIONS AND ACTIVISTS FOR THE PURPOSE OF INCREASING VOTER PARTICIPATION STATEWIDE.

• ONE VOICE INC

  $25,000

  TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. SPECIFICALLY, TO: (1) IDENTIFY AND ADDRESS THE STRUCTURAL AND ECONOMIC BARRIERS FACED BY LOW-INCOME FAMILIES AND SINGLE MOTHERS, (2) IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES AND SINGLE MOTHER IN MISSISSIPPI, (3) WORK COLLECTIVELY TO STRENGTHEN COALITION PARTNERS' RESPECTIVE ORGANIZATION, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS. AND (4) WORK IN COLLABORATION WITH LEAD ORGANIZER, TO DEVELOP AN ECONOMIC INCLUSION COALITION ACROSS THE STATE OF MISSISSIPPI.

• SOUTHERN POVERTY LAW CENTER

  $25,000

  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.

• UNIVERSITY OF ARKANSAS

  $25,000

  TO DEVELOP AND IMPLEMENT COMPREHENSIVE PLANS FOR FEDERAL NUTRITION PROGRAM ENROLLMENT TO ADDRESS FOOD INSECURITY ON CAMPUS AND IN SURROUNDING COMMUNITIES. CREATE AND EXECUTE INNOVATIVE FOOD ACCESS SOLUTIONS TO IMPROVE FOOD SECURITY. ESTABLISH AND MAINTAIN SUSTAINABLE PARTNERSHIPS AIMED AT INCREASING LONG-TERM FOOD SECURITY.

• INSTITUTE FOR THE ADVANCEMENT OF MINORITY HEALTH

  $25,000

  TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. SPECIFICALLY, TO: (1) IDENTIFY AND ADDRESS THE STRUCTURAL AND ECONOMIC BARRIERS FACED BY LOW-INCOME FAMILIES AND SINGLE MOTHERS, (2) IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES AND SINGLE MOTHER IN MISSISSIPPI, (3) WORK COLLECTIVELY TO STRENGTHEN COALITION PARTNERS' RESPECTIVE ORGANIZATION, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS. AND (4) WORK IN COLLABORATION WITH LEAD ORGANIZER, TO DEVELOP AN ECONOMIC INCLUSION COALITION ACROSS THE STATE OF MISSISSIPPI.

• TOUGALOO 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 EMBED TRHT FRAMEWORK INTO THE ETHOS, CULTURE AND ENVIRONMENT OF ANCHOR INSTITUTIONS AND OTHER COMMUNITY-BASED ORGANIZATIONS.

• ONE VOICE INC (MISSISSIPPI LEGISLATIVE BLACK CAUCUS

  $15,000

  TO SERVE AS AN ECONOMIC INCLUSION COALITION PARTNER AND WORK TOGETHER WITH OTHER PARTNERS TO ADVANCE AN ECONOMIC INCLUSION COALITION ACROSS MISSISSIPPI. SPECIFICALLY, TO: (1) IDENTIFY AND ADDRESS THE STRUCTURAL AND ECONOMIC BARRIERS FACED BY LOW-INCOME FAMILIES AND SINGLE MOTHERS, (2) IMPROVE ECONOMIC OPPORTUNITIES FOR LOW-INCOME FAMILIES AND SINGLE MOTHER IN MISSISSIPPI, (3) WORK COLLECTIVELY TO STRENGTHEN COALITION PARTNERS' RESPECTIVE ORGANIZATION, THE COMMUNITIES THEY RENDER SERVICES, AND FURTHER ECONOMIC MOBILITY OPPORTUNITIES FOR FAMILIES TODAY AND FUTURE GENERATIONS. AND (4) WORK IN COLLABORATION WITH LEAD ORGANIZER, TO DEVELOP AN ECONOMIC INCLUSION COALITION ACROSS THE STATE OF MISSISSIPPI.

• HIGHLANDER RESEARCH

  $15,000

  TO CONTINUE GRANTMAKING TO MISSISSIPPI-BASED PARTNERS, INCLUDING PROGRAMMATIC SUPPORT, TECHNICAL ASSISTANCE AND CAPACITY-BUILDING SUPPORT TO CURRENT AND NEW GRANTEE PARTNERS. ALSO, INCREASE THE NUMBER OF LOCAL AND NATIONAL DONOR MEMBERS THROUGH THE DEVELOPMENT AND IMPLEMENTATION OF A REVISED FUNDRAISING STRATEGY.

• MISSISSIPPI BLACK WOMEN'S ROUNDTABLE

  $10,000

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

• MISSISSIPPI BLACK WOMEN'S ROUNDTABLE

  $10,000

  TO FOCUS ON GENDER EQUITY AND WOMEN'S LEADERSHIP.

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.

Provenance

Return type

form_990

Tax year

2024

Filed

17 November 2025

IRS schema version

2024v5.2

Source object

202533249349300538

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

The source document this was parsed from is served over the API, which is where bulk and document access live.