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Nonprofit · EIN 72-1370746

MISSISSIPPI POWER FOUNDATION INC

Tax-exempt · GULFPORT, MS 39502

Financials

$4.3M$2.8M2023$4.1M$3.9M2024$17.3M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of MISSISSIPPI POWER FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$17,292,636$2,789,773$14,502,863$65,135,676$1,247,664$63,888,012
December 31, 2024990-PF$4,140,815$3,870,887$269,928$46,280,081$1,518,871$44,761,210
December 31, 2023990-PF$4,285,011$2,785,962$1,499,049$41,453,906$54,968$41,398,938
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$14,106,900
Dividends
$1,854,666
Net gain from sales of assets
$1,331,070

Expenses

Grants and similar amounts paid
$2,199,515
Compensation of officers, directors and key employees
$317,313
Disbursements for charitable purposes
$2,459,992
Excise tax on investment income
$40,257

Balance sheet and other

Total assets, start of year
$46,280,080
Total assets, end of year
$65,135,676
Total liabilities, end of year
$1,247,664
Net assets, end of year
$63,888,012
Fair market value of assets
$65,135,676
Qualifying distributions
$2,459,992
Net investment income
$3,185,736

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Giff Ormes
PO Box 4079, Gulfport, MS 39502
President0$0
Shawn Shurden
PO Box 4079, Gulfport, MS 39502
Secretary0$0
Janice Dixon
PO Box 4079, Gulfport, MS 39502
Member - Non Voting0$0
Matt Grice
PO Box 4079, Gulfport, MS 39502
TREASURER0$0
Steven Dick
PO Box 4079, Gulfport, MS 39502
Executive Director0$0
Michael Smith
PO Box 4079, Gulfport, MS 39502
Member at Large0$0
Brady Powers
PO Box 4079, Gulfport, MS 39502
Member at Large0$0
Fran Forehand
PO Box 4079, Gulfport, MS 39502
Member at Large0$0
990-PF for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
TOMMY MURPHY
PO BOX 4079, GULFPORT, MS 395024079
BOARD MEMBER0$0
GIFF ORMES
PO BOX 4079, GULFPORT, MS 395024079
PRESIDENT0$0
SHAWN SHURDEN
PO BOX 4079, GULFPORT, MS 395024079
SECRETARY0$0
FE STRICKLAND
PO BOX 4079, GULFPORT, MS 395024079
MEMBER - NON VOTING0$0
JANICE DIXON
PO BOX 4079, GULFPORT, MS 395024079
MEMBER - NON VOTING25$0
CINDY DUVALL
PO BOX 4079, GULFPORT, MS 395024079
EXECUTIVE DIRECTOR15$0
MATT GRICE
PO BOX 4079, GULFPORT, MS 395024079
TREASURER0$0
PASCAL GILL
PO BOX 4079, GULFPORT, MS 395024079
MEMBER - NON VOTING0$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
TOMMY MURPHY
PO BOX 4079, GULFPORT, MS 395024079
BOARD MEMBER0$0
BILLY THORNTON
PO BOX 4079, GULFPORT, MS 395024079
PRESIDENT0$0
SHAWN SHURDEN
PO BOX 4079, GULFPORT, MS 395024079
SECRETARY0$0
FE STRICKLAND
PO BOX 4079, GULFPORT, MS 395024079
MEMBER - NON VOTING0$0
JANICE DIXON
PO BOX 4079, GULFPORT, MS 395024079
MEMBER - NON VOTING25$0
STEPHEN STIGLETS
PO BOX 4079, GULFPORT, MS 395024079
EXECUTIVE DIRECTOR15$0
MATT GRICE
PO BOX 4079, GULFPORT, MS 395024079
TREASURER0$0
PASCAL GILL
PO BOX 4079, GULFPORT, MS 395024079
MEMBER - NON VOTING0$0

Address and contacts

Address (IRS master file)
PO BOX 4079, GULFPORT, MS 39502-4079
In care of
% ARNIE WILLIAMS
Signed the 990-PF
Arnie Williams, Current Exec. Dir.
Phone
(228) 864-1211
Return prepared by
BDO USA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
72-1370746
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$65,135,676
Income (IRS master file)
$52,039,399

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$17,292,636$2,789,773$65,135,676XML
990-PFDecember 2024$4,140,815$3,870,887$46,280,081IRS
990-PFDecember 2023$4,285,011$2,785,962$41,453,906XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 72-1370746).

Questions about MISSISSIPPI POWER FOUNDATION INC

What is the EIN of MISSISSIPPI POWER FOUNDATION INC?
The employer identification number (EIN) of MISSISSIPPI POWER FOUNDATION INC is 72-1370746.
Is MISSISSIPPI POWER FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to MISSISSIPPI POWER FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MISSISSIPPI POWER FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MISSISSIPPI POWER FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MISSISSIPPI POWER FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MISSISSIPPI POWER FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does MISSISSIPPI POWER FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $17,292,636, expenses of $2,789,773 and total assets of $65,135,676 at year end.

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