2024-05-09T09:42:44-05:00 2023-12-31 FORVIS LLP 1400 Meadowbrook Road Suite 300 Jackson MS 392116349 990 2023-01-01 640782339 The Jimmy A Payne Foundation % STACE MERCIER JIMM 6012668525 118 College Drive 5021 Hattiesburg MS 39406 Johnathan Payne Director 6012666796 2024-05-01 true Johnathan Payne XXX-XX-XXXX true P00283153 6019486700 2 2023 2023-04-26 12:10:37Z Stace Mercier 118 College Drive 5021 Hattiesburg MS 39406 2003076 false X N/A X 1990 MS TO MAKE CONTRIBUTIONS FOR THE BENEFIT OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI, A STATE APPROVED INSTITUTION. 3 1 0 0 0 0 0 0 175665 627480 0 0 175665 627480 576903 476333 0 0 0 0 0 0 0 61024 59333 637927 535666 -462262 91814 8488237 9593167 0 0 8488237 9593167 TO PROVIDE SUPPORT TO THE UNIVERSITY OF SOUTHERN MISSISSIPPI. false false 476333 476333 ALL GRANTS AND ALLOCATIONS ARE FOR THE BENEFIT OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI. 476333 true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false false false X 3 1 true false false false false false false false false false true true true false false false false X STACE MERCIER 6012668525 118 COLLEGE DRIVE 5021 Hattiesburg MS 39406 X Stace Mercier Secretary 0.0 0.0 X X 0 0 0 APRIL P NALL President 0.0 0.0 X X 0 0 0 JONATHAN PAYNE Vice President & Treasurer 0.0 0.0 X X 0 0 0 0 0 0 0 false false false 0 0 ALL OTHER PROGRAM SERVICE REVENUE - 0 230129 230129 0 0 0 0 0 1772947 1375596 397351 397351 397351 0 0 0 0 0 0 0 0 0 0 627480 627480 476333 476333 0 0 0 0 0 0 0 0 0 0 0 4125 4125 0 0 49199 49199 0 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN TAXES 6009 6009 ALL OTHER EXPENSES 0 535666 476333 59333 0 0 0 176270 153201 0 0 0 0 0 0 0 0 0 6940 0 0 0 0 0 0 0 0 8311967 9433026 0 0 0 0 0 0 8488237 9593167 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8488237 9593167 0 0 8488237 9593167 8488237 9593167 91814 1013116 X false false false X X X 1 UNIVERSITY OF SOUTHERN MISSISSIPPI 646000818 2 true 476333 0 1 476333 0 true false false false false false false false true false false false false false false true true true X Part IV, Section D, line 1 The supported organization approaches the foundation with a request for funding for a particular project which, if agreed to, the foundation then funds. Correspondence between the foundation and supported organization is documented. No grants, scholarships, or other funding occurs without the supported organization being fully aware at the time of the funding. Upon filing of Form 990, a copy will be promptly provided to the supported organization. A copy of the governing documents was previously provided to the supported organization and no amendments or other changes have been made since then. Part IV, Section D, line 3 There is a close working relationship between the foundation and supported organization's board and the supported organization's foundation. Through this relationship, the supported organization continues to have a significant voice in and influence over the foundation's assets and activities. Part IV, Section E, line 1c The foundation was established to support The University of Southern Mississippi, a governmental entity. The foundation has made significant grants for the benefit of this organization. These grants were for scholarships, buildings, and other projects that but for the support of this foundation, the organization would have funded itself. In 2023, the foundation made grants to fund THE CENTER FOR STUDENT SUCCESS DEVELOPMENT FUND, TO HELP FUND THE CHILDREN'S CENTER FOR COMMUNICATION AND DEVELOPMENT, TO HELP FUND THE GAP SCHOLARSHIP PROGRAM, TO HELP FUND THE GRADUATE SCHOOL, TO HELP FUND THE HONORS COLLEGE, TO HELP FUND THE MILITARY SCIENCE DEVELOPMENT FUND, TO HELP FUND THE CHEMISTRY AND BIOCHEMISTRY FUND, TO HELP FUND THE DE GRUMMOND CHILDREN'S LITERATURE ENDOWMENT, TO HELP FUND THE MOFFITT HEALTH CENTER, AND TO HELP FUND CONSTRUCTION DEVELOPMENT. Part IV, Section A, line 9a JONATHAN A. PAYNE, VICE PRESIDENT AND TREASURER, AND APRIL P. NALL, PRESIDENT, ARE THE CHILDREN OF JIMMY A. PAYNE, SUBSTANTIAL CONTRIBUTOR. JP MORGAN- EQUITY ASSETS 7325644 F JP MORGAN- FIXED INCOME ASSETS 1656772 F JP MORGAN- OTHER ASSETS 450610 F 9433026 FORM 990, PART VI, SECTION A, LINE 2: APRIL A. NALL, PRESIDENT, and JONATHAN PAYNE, VICE PRESIDENT AND TREASURER, are siblings. FORM 990, PART VI, SECTION A, LINE 11b: THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19: FORMS 1023 AND 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 8a: There were no board meetings during the year. JIMMY A PAYNE FAMILY FOUNDATION 10115 E BELL RD STE 107 SCOTTSDALE AZ 85260 113667750 MAKING GRANTS MS 501(c)(3) PF NA false false false false true false false false false false false false false false false false false false false Jimmy A Payne Family Foundation d 6940 cash