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Nonprofit · EIN 64-0410581

MISSISSIPPI STATE UNIVERSITY FOUNDATION INC

Tax-exempt · MS STATE, MS 39762

Financials

$194.3M$64.2M2022$79.6M$70.5M2023$144.8M$79M2024
Revenue Expenses · by fiscal year end
Financials of MISSISSIPPI STATE UNIVERSITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$144,815,975$79,017,815$65,798,160$1,114,173,313$27,454,149$1,086,719,164
June 30, 2024990$79,597,592$70,473,584$9,124,008$961,007,926$26,581,234$934,426,692
June 30, 2023990$194,265,395$64,182,851$130,082,544$880,437,235$26,203,079$854,234,156
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$123,800,638
of which government grants
$1,878,312
Program service revenue
$0
Investment income
$14,682,449
Net rental income
$1,196,864
Net gain from sales of assets
$9,257,837
Other revenue
$6,332,888

Expenses

Grants and similar amounts paid
$63,896,857
Compensation of officers, directors and key employees
$913,995
Other salaries and wages
$6,162,828
Salaries, compensation and benefits (total)
$8,480,796
Professional fundraising fees
$0
Legal fees
$167,732
Accounting fees
$220,230
Occupancy
$1,431
Travel
$412,382
Depreciation
$1,392,586
Program services (functional)
$63,896,857
Management and general (functional)
$9,403,543
Fundraising (functional)
$5,717,415

Balance sheet and other

Total assets, start of year
$961,007,926
Total assets, end of year
$1,114,173,313
Total liabilities, end of year
$27,454,149
Net assets, end of year
$1,086,719,164
Land, buildings and equipment
$74,585,873
Net assets without donor restrictions
$87,621,532
Net assets with donor restrictions
$999,097,632
Gross unrelated business income
$2,149,329
Gross receipts
$144,815,975
Employees
91
Volunteers
43
Year formed
1962
State of legal domicile
MS

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
John P RushPRESIDENT & CEO
Officer
40$632,809$69,917
Janet H CarrawayCHIEF FINANCIAL OFFICER
Officer
40$262,368$49,998
Jack R McCartySECRETARY
Officer
40$239,796$43,042
Leann ChildersEXEC DIRECTOR OF INFO SVCS
Highest-paid employee
40$205,291$37,367
William EvansSR. DIRECTOR OF DEV. ENG.
Highest-paid employee
40$190,451$45,935
Joseph IupeDIRECTOR OF FINANCE AND BUDGET
Highest-paid employee
40$190,420$35,225
Cathy LammonsEXEC DIR OF COMM & DONOR RELATIONS
Highest-paid employee
40$182,500$42,106
Judson SkeltonDIRECTOR OF REAL ESTATE STRATEGY
Highest-paid employee
40$185,858$28,884
FREDERICK V BUIETREASURER
Trustee or director, Officer
1$0$0
RANDY J CLEVELANDVICE CHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
RODGER L JOHNSONCHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
ALBERT C CLARKDIRECTOR
Trustee or director
1$0$0
ALBERT J WILLIAMSDIRECTOR (END 12/31/24)
Trustee or director
1$0$0
Anthony L WilsonDIRECTOR
Trustee or director
1$0$0
BECKY MURPHYDIRECTOR (END 12/31/24)
Trustee or director
1$0$0
47 more people on this return
NameTitleHours / weekCompensation
BOBBY S SHACKOULSDIRECTOR
Trustee or director
1$0
BRENTON S BRASHERDIRECTOR
Trustee or director
1$0
BRYAN S WILSONDIRECTOR
Trustee or director
1$0
CATHERINE C DUNNDIRECTOR
Trustee or director
1$0
Cynthia M StevensDIRECTOR
Trustee or director
1$0
CYNTHIA W SIMPSONDIRECTOR
Trustee or director
1$0
D HINES BRANNANDIRECTOR
Trustee or director
1$0
Danny WindhamDIRECTOR
Trustee or director
1$0
DAVID B HALLDIRECTOR (END 12/31/24)
Trustee or director
1$0
DOUGLAS J MARCHANTDIRECTOR
Trustee or director
1$0
DOUGLAS T TERRESONDIRECTOR
Trustee or director
1$0
DR ALLEN K SILLS JRDIRECTOR
Trustee or director
1$0
DR HELEN M CURRIEDIRECTOR
Trustee or director
1$0
DR Janice I NicholsonDIRECTOR
Trustee or director
1$0
DR JOHN D DAVIS IVDIRECTOR
Trustee or director
1$0
Dr John W Starr JrDIRECTOR
Trustee or director
1$0
DR Todd R HendersonDIRECTOR
Trustee or director
1$0
EARNEST W DEAVENPORTDIRECTOR
Trustee or director
1$0
H LAMAR MCKAY JRDIRECTOR
Trustee or director
1$0
J MICHAEL MCILWAINDIRECTOR (END 12/31/24)
Trustee or director
1$0
JAMES F MCKINNISDIRECTOR
Trustee or director
1$0
JAMES J ROUSEDIRECTOR (END 12/31/24)
Trustee or director
1$0
JEFFREY S CLARKDIRECTOR
Trustee or director
1$0
JOFFREY R PRYORDIRECTOR (END 12/31/24)
Trustee or director
1$0
JOHN R LUNDYDIRECTOR
Trustee or director
1$0
KENNETH B ROBINSONDIRECTOR
Trustee or director
1$0
LEO W SEAL IIIDIRECTOR (END 12/31/24)
Trustee or director
1$0
LEWIS F MALLORY JRDIRECTOR
Trustee or director
1$0
Linda F ParkerDIRECTOR
Trustee or director
1$0
MALCOLM B LIGHTSEY SRDIRECTOR (END 12/31/24)
Trustee or director
1$0
MARY M CHILDSDIRECTOR (END 12/31/24)
Trustee or director
1$0
Michael W SandersDIRECTOR
Trustee or director
1$0
MIKE M MCDANIELDIRECTOR (END 12/31/24)
Trustee or director
1$0
Paul J KarreDIRECTOR
Trustee or director
1$0
Richard A RulaDIRECTOR
Trustee or director
1$0
RICHARD C ADKERSONDIRECTOR
Trustee or director
1$0
RODERICK A MOOREDIRECTOR
Trustee or director
1$0
Sherry G DuffDIRECTOR
Trustee or director
1$0
TERRI L RUSSELLDIRECTOR
Trustee or director
1$0
TIMOTHY S DUNCANDIRECTOR (END 12/31/24)
Trustee or director
1$0
Turner A WingoDIRECTOR
Trustee or director
1$0
Wallace L SealDIRECTOR
Trustee or director
1$0
Walter D PurvisDIRECTOR
Trustee or director
1$0
WILBERT G HOLLIMAN JRDIRECTOR
Trustee or director
1$0
WILLIAM A TAYLOR IIIDIRECTOR
Trustee or director
1$0
WILLIAM B BERRYDIRECTOR
Trustee or director
1$0
ZONADALE L TAYLORDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 51 people
NameTitleHours / weekCompensationOther / benefits
JOHN P RUSHPRESIDENT & CEO
Officer
40$599,264$56,675
JANET H CARRAWAYCHIEF FINANCIAL OFFICER
Officer
40$254,091$44,503
JACK R MCCARTYSECRETARY
Officer
40$232,090$40,248
LEANN MARKHAMEXEC DIRECTOR OF INFO SVCS
Highest-paid employee
40$196,155$35,194
WILLIAM EVANSSR. DIRECTOR OF DEV. ENG.
Highest-paid employee
40$184,495$33,530
JOSEPH IUPEDIRECTOR OF FINANCE AND BUDGET
Highest-paid employee
40$180,976$32,548
CATHY LAMMONSEXEC DIR OF COMM & DONOR RELATIONS
Highest-paid employee
40$174,501$32,910
JUDSON SKELTONDIRECTOR OF REAL ESTATE STRATEGY
Highest-paid employee
40$176,204$26,456
ANTHONY L WILSONCHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
RODGER L JOHNSONVICE CHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
PAUL J KARRETREASURER
Trustee or director, Officer
1$0$0
RICHARD C ADKERSONDIRECTOR
Trustee or director
1$0$0
WILLIAM B BERRYDIRECTOR
Trustee or director
1$0$0
D HINES BRANNANDIRECTOR
Trustee or director
1$0$0
BRENTON S BRASHERDIRECTOR
Trustee or director
1$0$0
FREDERICK V BUIEDIRECTOR
Trustee or director
1$0$0
MARY M CHILDSDIRECTOR
Trustee or director
1$0$0
ALBERT C CLARKDIRECTOR
Trustee or director
1$0$0
JEFFREY S CLARKDIRECTOR
Trustee or director
1$0$0
RANDY J CLEVELANDDIRECTOR
Trustee or director
1$0$0
DR HELEN M CURRIEDIRECTOR
Trustee or director
1$0$0
DR JOHN D DAVIS IVDIRECTOR
Trustee or director
1$0$0
EARNEST W DEAVENPORTDIRECTOR
Trustee or director
1$0$0
TIMOTHY S DUNCANDIRECTOR
Trustee or director
1$0$0
CATHERINE C DUNNDIRECTOR
Trustee or director
1$0$0
DAVID B HALLDIRECTOR
Trustee or director
1$0$0
WILBERT G HOLLIMAN JRDIRECTOR
Trustee or director
1$0$0
MALCOLM B LIGHTSEY SRDIRECTOR
Trustee or director
1$0$0
JOHN R LUNDYDIRECTOR
Trustee or director
1$0$0
LEWIS F MALLORY JRDIRECTOR
Trustee or director
1$0$0
DOUGLAS J MARCHANTDIRECTOR
Trustee or director
1$0$0
MIKE M MCDANIELDIRECTOR
Trustee or director
1$0$0
J MICHAEL MCILWAINDIRECTOR
Trustee or director
1$0$0
H LAMAR MCKAY JRDIRECTOR
Trustee or director
1$0$0
JAMES F MCKINNISDIRECTOR
Trustee or director
1$0$0
RODERICK A MOOREDIRECTOR
Trustee or director
1$0$0
BECKY MURPHYDIRECTOR
Trustee or director
1$0$0
JOFFREY R PRYORDIRECTOR
Trustee or director
1$0$0
KENNETH B ROBINSONDIRECTOR
Trustee or director
1$0$0
JAMES J ROUSEDIRECTOR
Trustee or director
1$0$0
TERRI L RUSSELLDIRECTOR
Trustee or director
1$0$0
LEO W SEAL IIIDIRECTOR
Trustee or director
1$0$0
BOBBY S SHACKOULSDIRECTOR
Trustee or director
1$0$0
DR ALLEN K SILLS JRDIRECTOR
Trustee or director
1$0$0
CYNTHIA W SIMPSONDIRECTOR
Trustee or director
1$0$0
WILLIAM A TAYLOR IIIDIRECTOR
Trustee or director
1$0$0
ZONADALE L TAYLORDIRECTOR
Trustee or director
1$0$0
DOUGLAS T TERRESONDIRECTOR
Trustee or director
1$0$0
ALBERT J WILLIAMSDIRECTOR
Trustee or director
1$0$0
BRYAN S WILSONDIRECTOR
Trustee or director
1$0$0
TURNER A WINGODIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 64 people
NameTitleHours / weekCompensationOther / benefits
JOHN P RUSHPRESIDENT & CEO
Trustee or director, Officer
40$559,926$54,159
JACK R MCCARTYSECRETARY
Trustee or director, Officer
40$221,076$38,132
JANET H CARRAWAYCHIEF FINANCIAL OFFICER
Trustee or director, Officer
40$212,218$38,076
JUDSON SKELTONSR DIRECTOR OF DEVELOPMENT
Highest-paid employee
40$172,078$23,523
JOSEPH IUPEDIRECTOR OF FINANCE AND BUDGET
Highest-paid employee
40$161,706$29,433
LEANN MARKHAMEXEC DIRECTOR OF INFO SVCS
Highest-paid employee
40$161,000$29,727
WILLIAM EVANSSR. DIRECTOR OF DEV. ENG.
Highest-paid employee
40$150,209$28,568
JEFFREY LITTLESR DIRECTOR OF DEVELOPMENT
Highest-paid employee
40$143,786$27,551
ROBERT JENKINSASSOC. ATHLETIC DIR. OF DEV.
Officer
40$133,737$25,967
ANTHONY L WILSONCHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
RODGER L JOHNSONVICE CHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
PAUL J KARRETREASURER
Trustee or director, Officer
1$0$0
BOYCE E ADAMS SRDIRECTOR
Trustee or director
1$0$0
RICHARD C ADKERSONDIRECTOR
Trustee or director
1$0$0
WILLIAM B BERRYDIRECTOR
Trustee or director
1$0$0
GEORGE BISHOPDIRECTOR
Trustee or director
1$0$0
D HINES BRANNANDIRECTOR
Trustee or director
1$0$0
BRENTON S BRASHERDIRECTOR
Trustee or director
1$0$0
GEORGE BRYANDIRECTOR
Trustee or director
1$0$0
FRED V BUIEDIRECTOR
Trustee or director
1$0$0
MARY M CHILDSDIRECTOR
Trustee or director
1$0$0
ALBERT C CLARKDIRECTOR
Trustee or director
1$0$0
RANDY J CLEVELANDDIRECTOR
Trustee or director
1$0$0
DR HELEN M CURRIEDIRECTOR
Trustee or director
1$0$0
DR JOHN D DAVIS IVDIRECTOR
Trustee or director
1$0$0
EARNEST W DEAVENPORT JRDIRECTOR
Trustee or director
1$0$0
TIMOTHY S DUNCANDIRECTOR
Trustee or director
1$0$0
CATHERINE C DUNNDIRECTOR
Trustee or director
1$0$0
DAVID B HALLDIRECTOR
Trustee or director
1$0$0
THOMAS G HIXON SRDIRECTOR
Trustee or director
1$0$0
HERBERT V JOHNSONDIRECTOR
Trustee or director
1$0$0
MARK S JORDANDIRECTOR
Trustee or director
1$0$0
FRANCIS C LEEDIRECTOR
Trustee or director
1$0$0
MALCOLM B LIGHTSEY SRDIRECTOR
Trustee or director
1$0$0
JOHN R LUNDYDIRECTOR
Trustee or director
1$0$0
LEWIS F MALLORY JRDIRECTOR
Trustee or director
1$0$0
DOUGLAS J MARCHANTDIRECTOR
Trustee or director
1$0$0
MIKE M MCDANIELDIRECTOR
Trustee or director
1$0$0
J MICHAEL MCILWAINDIRECTOR
Trustee or director
1$0$0
H LAMAR MCKAY JRDIRECTOR
Trustee or director
1$0$0
RODERICK A MOOREDIRECTOR
Trustee or director
1$0$0
BECKY MURPHYDIRECTOR
Trustee or director
1$0$0
THOMAS B NUSZDIRECTOR
Trustee or director
1$0$0
LINDA F PARKERDIRECTOR
Trustee or director
1$0$0
JOFFREY R PRYORDIRECTOR
Trustee or director
1$0$0
RICHARD H PUCKETT SRDIRECTOR
Trustee or director
1$0$0
WALTER D PURVISDIRECTOR
Trustee or director
1$0$0
CHARLES W RITTER JRDIRECTOR
Trustee or director
1$0$0
JAMES J ROUSEDIRECTOR
Trustee or director
1$0$0
RICHARD A RULADIRECTOR
Trustee or director
1$0$0
TERRI L RUSSELLDIRECTOR
Trustee or director
1$0$0
MICHAEL W SANDERSDIRECTOR
Trustee or director
1$0$0
LEO W SEAL IIIDIRECTOR
Trustee or director
1$0$0
BOBBY S SHACKOULSDIRECTOR
Trustee or director
1$0$0
DR ALLEN K SILLS JRDIRECTOR
Trustee or director
1$0$0
CYNTHIA W SIMPSONDIRECTOR
Trustee or director
1$0$0
CHARLES R STEPHENSONDIRECTOR
Trustee or director
1$0$0
WILLIAM L TAYLOR IIIDIRECTOR
Trustee or director
1$0$0
DOUGLAS T TERRESONDIRECTOR
Trustee or director
1$0$0
R PATRICK WHITEDIRECTOR
Trustee or director
1$0$0
ALBERT J WILLIAMSDIRECTOR
Trustee or director
1$0$0
LAURIE R WILLIAMSDIRECTOR
Trustee or director
1$0$0
BRYAN S WILSONDIRECTOR
Trustee or director
1$0$0
TURNER A WINGODIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 6149, MS STATE, MS 39762-6149
In care of
% JANET CARRAWAY CFO
Principal officer (990 for 2024)
JANET CARRAWAY, PO DRAWER 6149, MISSISSIPPI STATE, MS 39762
Signed the 990
JANET CARRAWAY, CFO
Phone
(662) 325-7000
Return prepared by
KPMG LLP

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • THIS INCLUDES AMOUNTS PAID TO MISSISSIPPI STATE UNIVERSITY FOR SCHOLARSHIPS AND OTHER REQUESTS SUCH AS RESEARCH, TEACHING NEEDS AND OTHER DEPARTMENTAL REQUESTS.
    Expenses $59,271,878 · grants $59,271,878
  • THIS INCLUDES AMOUNTS PAID TO THE BULLDOG CLUB, INC. PRIMARILY FOR ATHLETIC NEEDS.
    Expenses $3,104,078 · grants $3,104,078
  • THIS INCLUDES AMOUNTS PAID TO THE MISSISSIPPI STATE UNIVERSITY ALUMNI, INC. TO SUPPLEMENT THEIR PROGRAM IN SERVICING THE ALUMNI OF MISSISSIPPI STATE UNIVERSITY.
    Expenses $1,520,901 · grants $1,520,901

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
64-0410581
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P11)
Assets (IRS master file)
$1,114,173,313
Income (IRS master file)
$144,815,975

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$144,815,975$79,017,815$1,114,173,313IRS
990-TJune 2025–––IRS
990June 2024$79,597,592$70,473,584$961,007,926IRS
990-TJune 2024–––IRS
990June 2023$194,265,395$64,182,851$880,437,235XML
990-TJune 2023–––IRS
990June 2022$79,749,690$50,851,403$706,859,370IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 64-0410581).

Questions about MISSISSIPPI STATE UNIVERSITY FOUNDATION INC

What is the EIN of MISSISSIPPI STATE UNIVERSITY FOUNDATION INC?
The employer identification number (EIN) of MISSISSIPPI STATE UNIVERSITY FOUNDATION INC is 64-0410581.
Is MISSISSIPPI STATE UNIVERSITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to MISSISSIPPI STATE UNIVERSITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MISSISSIPPI STATE UNIVERSITY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MISSISSIPPI STATE UNIVERSITY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MISSISSIPPI STATE UNIVERSITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MISSISSIPPI STATE UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JANET CARRAWAY.
Who are the officers and directors of MISSISSIPPI STATE UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 62 people; 8 received compensation from the organization, the highest $632,809 (John P Rush, PRESIDENT & CEO).
How much revenue does MISSISSIPPI STATE UNIVERSITY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $144,815,975, expenses of $79,017,815 and total assets of $1,114,173,313 at year end.

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