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Also known as: DEVELOPMENT INC
Institute For Technology Development Inc. is a private corporation based in RIDGELAND, MS. The foundation received its IRS ruling in 1985. The principal officer is % Keith Parsons. It holds total assets of $7.9M. Annual income is reported at $5.2M. The foundation operates in the area of science & technology. According to available records, Institute For Technology Development Inc. has made 4 grants totaling $639K, with a median grant of $165K. Annual giving has grown from $134K in 2020 to $349K in 2022. Individual grants have ranged from $134K to $175K, with an average award of $160K. Grant recipients are concentrated in Mississippi. Contributions to this foundation are tax-deductible.
Institute For Technology Development Inc. primarily funds organizations in the area of science & technology. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MS.
Institute For Technology Development Inc. has distributed a total of $639K across 4 grants. The median grant size is $165K, with an average of $160K. Individual grants have ranged from $134K to $175K.
Institute For Technology Development Inc. typically selects its grantees rather than accepting unsolicited proposals.
Institute For Technology Development Inc. is headquartered in RIDGELAND, MS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ashby Foote Iii | PRESIDENT | $0 | $0 | $0 |
| Bruce Deer | VICE PRESIDENT | $0 | $0 | $0 |
| J Kelley Williams | TREASURER & SECRETARY | $0 | $0 | $0 |
| Charles Grayson End Date 91123 | SECRETARY | $0 | $0 | $0 |
Total Giving
$576K
Total Assets
$6.2M
Fair Market Value
$6.2M
Net Worth
$6.2M
Grants Paid
$214K
Contributions
$0
Net Investment Income
$397K
Distribution Amount
$331K
Total: $5.2M
Total Grants
4
Total Giving
$639K
Average Grant
$160K
Median Grant
$165K
Unique Recipients
1
Most Common Grant
$175K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ms Center For Public PolicyGENERAL OPERATIONS | Jackson, MS | $175K | 2022 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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