2025-09-19T11:30:39-05:00 2024-12-31 Forvis Mazars LLP 1400 Meadowbrook Road Suite 300 Jackson MS 392116349 990 2024-01-01 640782339 The Jimmy A Payne Foundation % STACE MERCIER JIMM 6012668525 118 College Drive 5021 Hattiesburg MS 39406 Johnathan Payne Director 6012666796 2025-05-15 true true P00283153 6019486700 2024 2025-03-06 01:10:19Z Stace Mercier 118 College Drive 5021 Hattiesburg MS 39406 2561207 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 627480 548644 0 0 627480 548644 476333 502689 0 0 0 0 0 0 0 59333 64246 535666 566935 91814 -18291 9593167 10499966 0 0 9593167 10499966 TO PROVIDE SUPPORT TO THE UNIVERSITY OF SOUTHERN MISSISSIPPI. false false 502689 502689 ALL GRANTS AND ALLOCATIONS ARE FOR THE BENEFIT OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI. 502689 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 309523 309523 0 0 0 0 0 2251684 2012563 239121 239121 239121 0 0 0 0 0 0 0 0 0 0 548644 548644 502689 502689 0 0 0 0 0 0 0 0 0 0 0 4450 4450 0 0 54718 54718 0 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN TAXES 5078 5078 ALL OTHER EXPENSES 0 566935 502689 64246 0 0 0 153201 150871 0 0 0 0 0 0 0 0 6940 0 0 0 0 0 0 0 0 0 9433026 10349095 0 0 0 0 0 0 9593167 10499966 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9593167 10499965 0 0 9593167 10499965 9593167 10499965 -18291 925089 X false false false X X X 1 UNIVERSITY OF SOUTHERN MISSISSIPPI 646000818 2 true 502689 0 1 502689 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 2024, the foundation made grants to fund the speech and hearing sciences development fund, to help fund the computing sciences and computer engineering fund, to help fund the graduate school development fund, to help fund the college of education and human sciences development fund, to help fund the lake thoreau development fund, to help fund the gap scholarship, to help fund the libraries development fund, to help fund the chemistry and biochemistry fund, to help fund the dean of students development fund, to help fund the center for entrepreneurship development fund, to help fund the dance general activities and annual needs fund, to help fund the southern miss academic affairs development fund, to help fund the children's center for communication and development fund, to help fund the children's center and dubard school gulf park building fund, and to help fund the lena y. de grummond curatorship endowment. 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 8043945 F JP MORGAN- FIXED INCOME ASSETS 1786086 F JP MORGAN- OTHER ASSETS 519064 F 10349095 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 false false false false false false false false false false false false false false true Jimmy A Payne Family Foundation s 6940 cash