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Margaret M Grow Charitable Foundation is a private corporation based in BYHALIA, MS. The foundation received its IRS ruling in 2004. The principal officer is Floyd Hobbs Jr. It holds total assets of $675K. Annual income is reported at $136K. Total assets have grown from $280K in 2011 to $724K in 2023. The foundation is governed by 2 officers and trustees. Conservation benevolence. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Mississippi. According to available records, Margaret M Grow Charitable Foundation has made 60 grants totaling $317K, with a median grant of $3K. Annual giving has grown from $46K in 2020 to $72K in 2023. Grantmaking activity was highest in 2022 with $124K distributed across 22 grants. Individual grants have ranged from $200 to $18K, with an average award of $5K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Mississippi, Tennessee, Florida, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$2K
Average Grant
$4K
Largest Grant
$10K
Based on 13 grants from the most recent 990-PF filing.
Church benevolence
Hospital benevolence
Children medical benevolence
Medical research benevolence
Conservation benevolence. Based on available records, the foundation has funded 60 grants. Its grantmaking reaches organizations primarily in MS, TN, FL.
Margaret M Grow Charitable Foundation has distributed a total of $317K across 60 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $200 to $18K.
Margaret M Grow Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Margaret M Grow Charitable Foundation is headquartered in BYHALIA, MS. While based in MS, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rita W Hobbs | TRUSTEE | $26K | $0 | $26K |
| Floyd Hobbs Jr | TRUSTEE | $0 | $0 | N/A |
Total Giving
$102K
Total Assets
$724K
Fair Market Value
$1.5M
Net Worth
$724K
Grants Paid
$72K
Contributions
N/A
Net Investment Income
$36K
Distribution Amount
$69K
Total: $697K
Total Grants
60
Total Giving
$317K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
24
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Emory Methodist ChurchGENERAL OPERATIONS | Byhalia, MS | $18K | 2023 |
| Ms Forestry FoundationGENERAL OPERATIONS | Jackson, MS | $13K | 2023 |
| Catch-A-Dream FoundationGENERAL OPERATIONS | Starkville, MS | $10K | 2023 |
| Save A Life Of Lafayette CountyGENERAL OPERATIONS | Oxford, MS | $10K | 2023 |
| Byhalia Area Arts CouncilGENERAL OPERATIONS | Byhalia, MS | $8K | 2023 |
| Emory Methodist CemeteryGENERAL OPERATIONS | Byhalia, MS | $4K | 2023 |
| Ms Fish & Wildlife FoundationGENERAL OPERATIONS | Stoneville, MS | $3K | 2023 |
| Pleasant Hill CemeteryGENERAL OPERATIONS | Hernando, MS | $2K | 2023 |
| Hearts And Hands MinistriesGENERAL OPERATIONS | Byhalia, MS | $2K | 2023 |
| Sanctuary Hospice HouseGENERAL PROGRAM SERVICES | Tupelo, MS | $1K | 2023 |
| Holy Spirit Catholic ChurchGENERAL OPERATIONS | Hernando, MS | $1K | 2023 |
| Byhalia Area Chamber Of CommerceGENERAL OPERATIONS | Byhalia, MS | $1K | 2023 |
| St Jude Childrens Research HospitaGENERAL OPERATIONS | Memphis, TN | $1K | 2023 |
| National Wild Turkey FederationGENERAL OPERATIONS | Edgefield, SC | $1K | 2022 |
| St Jude Childrens HospGENERAL OPERATION | Memphis, TN | $15K | 2021 |
| Mississippi Forestry FoundationGENERAL OPR | Jackson, MS | $14K | 2021 |
| Emory Independent Methodist ChurchGENERAL OPERATIONS | Byhalia, MS | $13K | 2021 |
| Emory Methodist Cemetary AssnGENERAL OPR | Byhalia, MS | $4K | 2021 |
| Mississippi Fish & Wildlife FoundationGEN OPERATIONS | Stoneville, MS | $3K | 2021 |
| Make-A-Wish FoundationGENERAL OPR | Memphis, TN | $3K | 2021 |
| Junior Auxillary Of Desoto CountyGENERAL OPERATION | Hernando, MS | $200 | 2021 |
FLOWOOD, MS
JACKSON, MS
GULFPORT, MS