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Cadence Bank Foundation is a private trust based in TUPELO, MS. The foundation received its IRS ruling in 2000. The principal officer is % Bancorpsouth Bank Trust Departmen. It holds total assets of $43.2M. Annual income is reported at $7.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cadence Bank Foundation has made 291 grants totaling $6.4M, with a median grant of $5K. Annual giving has grown from $70K in 2020 to $2.2M in 2023. Grantmaking activity was highest in 2022 with $3.6M distributed across 274 grants. Individual grants have ranged from $1K to $2.2M, with an average award of $22K. The foundation has supported 141 unique organizations. The foundation primarily supports organizations in Mississippi, Texas, Arkansas, which account for 57% of all grants. Grantmaking reaches organizations across 18 states. Contributions to this foundation are tax-deductible.
Cadence Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 291 grants. Its grantmaking reaches organizations primarily in MS, TX, AR.
Cadence Bank Foundation has distributed a total of $6.4M across 291 grants. The median grant size is $5K, with an average of $22K. Individual grants have ranged from $1K to $2.2M.
The application deadline is Requests are reviewed on a quarterly basis. Contributions are only made to 501(c) entities.
Cadence Bank Foundation is headquartered in TUPELO, MS. While based in MS, the foundation distributes grants to organizations across 18 states.
Total Giving
$2.3M
Total Assets
$40.8M
Fair Market Value
$43.5M
Net Worth
$40.8M
Grants Paid
$2.2M
Contributions
$5M
Net Investment Income
$1M
Distribution Amount
$1.9M
Total: $31.5M
Total Grants
291
Total Giving
$6.4M
Average Grant
$22K
Median Grant
$5K
Unique Recipients
141
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached Donee ListGENERAL CONTRIBUTION | Tupelo, MS | $2.2M | 2023 |
| Texas Southern University FoundationGENERAL USE | Houston, TX | $167K | 2022 |
| Habitat For Humanity Of Northeast MsGENERAL USE | Tupelo, MS | $118K | 2022 |
| Chickasaw Heritage CenterGENERAL USE | Tupelo, MS | $75K | 2022 |
| Tn Small Business Development CenterGENERAL USE | Murfreesboro, TN | $75K | 2022 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Mississippi Aquarium FoundationGENERAL CONTRIBUTION | Gulfport, MS | $70K | 2022 |
| Covenant House TexasGENERAL USE | Houston, TX | $50K | 2022 |
| University Of Mississippi FoundationGENERAL USE | Oxford, MS | $50K | 2022 |
| Good Samaritan Health Services IncGENERAL USE | Leander, TX | $50K | 2022 |
| Avondale HouseGENERAL USE | Houston, TX | $50K | 2022 |
| Create Foundation IncGENERAL USE | Tupelo, MS | $50K | 2022 |
| SerjobsGENERAL USE | Houston, TX | $50K | 2022 |
| Trufund Financial Services IncGENERAL USE | New York, NY | $50K | 2022 |
| The Children'S Fund IncGENERAL USE | San Bernadino, CA | $40K | 2022 |
| Arkansas Single Parent ScholarshipGENERAL USE | Springdale, AR | $37K | 2022 |
| Lemonade DayGENERAL USE | Houston, TX | $35K | 2022 |
| University District Development CorpGENERAL USE | Little Rock, AR | $30K | 2022 |
| Memorial Hermann FoundationGENERAL USE | Houston, TN | $25K | 2022 |
| Mississippi Museum Of ArtGENERAL USE | Jackson, MS | $25K | 2022 |
| Junior Achievement Of GaGENERAL USE | Atlanta, GA | $25K | 2022 |
| Citysquare HousingGENERAL USE | Dallas, TX | $24K | 2022 |
| Baker RipleyGENERAL CONTRIBUTION | Houston, TX | $22K | 2022 |
| Mercy Health Services IncGENERAL USE | Franklin, TN | $20K | 2022 |
| Texas A&M FoundationGENERAL USE | College Station, TX | $20K | 2022 |
| Victory MissionGENERAL USE | Springfield, MO | $16K | 2022 |
| Boys & Girls Clubs Of LanierGENERAL USE | Houston, TX | $15K | 2022 |
| Health Care Foundation Of North MsGENERAL USE | Tupelo, MS | $15K | 2022 |
| University Of Houston FoundationGENERAL USE | Houston, TX | $15K | 2022 |
| United Way Of Cental TxGENERAL USE | Temple, TX | $15K | 2022 |
| Boys & Girls Clubs Of AmericaGENERAL USE | Atlanta, GA | $15K | 2022 |
| Feeding AmericaGENERAL USE | Chicago, ID | $15K | 2022 |
| Access To Capital For EntrepreneursGENERAL USE | Cleveland, GA | $15K | 2022 |
| Itawamba Community CollegeGENERAL USE | Fulton, MS | $15K | 2022 |
| Boys & Girls Club Of North MississippiGENERAL CONTRIBUTION | Tupelo, MS | $15K | 2022 |
| The Salvation Army TupeloGENERAL CONTRIBUTION | Tupelo, MS | $15K | 2022 |
| Solomon'S Temple FoundationGENERAL USE | Atlanta, GA | $15K | 2022 |
| Goodwill Industries International IncGENERAL USE | Waco, TX | $15K | 2022 |
| The Cornerstone InitiativeGENERAL USE | Huntsville, AL | $15K | 2022 |
| Boys & Girls Clubs Of Central MsGENERAL USE | Jackson, MS | $11K | 2022 |
| Northeast Ms Community CollegeGENERAL USE | Booneville, MS | $10K | 2022 |
| Community Care Development NetworkGENERAL USE | Center Point, AL | $10K | 2022 |
| Low-Income Housing Coalition Of AlGENERAL USE | Birmingham, AL | $10K | 2022 |
| Young Women'S Preparatory NetworkGENERAL USE | Dallas, TX | $10K | 2022 |
| Marshall County Christian ServicesGENERAL USE | Albertville, AL | $10K | 2022 |
| St Anne'S SocietyGENERAL USE | Houston, TX | $10K | 2022 |
| Black River Area Development CorpGENERAL USE | Walnut Ridge, AR | $10K | 2022 |
| Randy Sams' Outreach Shelter IncGENERAL USE | Texarakana, TX | $10K | 2022 |
| Jackson County Twenty FirstGENERAL USE | Scottsboro, AL | $10K | 2022 |
| Kidsgym Usa IncGENERAL USE | College Park, GA | $10K | 2022 |
| Jackson State UniversityGENERAL USE | Jackson, MS | $10K | 2022 |
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