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Also known as: SCHOLARSHIP FOUNDATION
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Mississippi Farm Bureau Young Farmer Scholarship Foundation Inc. is a private corporation based in JACKSON, MS. The foundation received its IRS ruling in 1986. It holds total assets of $1.5M. Annual income is reported at $677K. Total assets have grown from $808K in 2014 to $1.2M in 2022. The foundation is governed by 10 officers and trustees. To provide scholarships to students studying in the agriculture fields. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Mississippi. According to available records, Mississippi Farm Bureau Young Farmer Scholarship Foundation Inc. has made 40 grants totaling $183K, with a median grant of $2K. Annual giving has grown from $43K in 2020 to $90K in 2022. Individual grants have ranged from $500 to $32K, with an average award of $5K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Mississippi and Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$4K
Largest Grant
$26K
Based on 11 grants from the most recent 990-PF filing.
To provide scholarships to students studying in the agriculture fields.
Expenses: $54K
To provide scholarships to students studying in the agriculture fields. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in MS, AL.
Mississippi Farm Bureau Young Farmer Scholarship Foundation Inc. has distributed a total of $183K across 40 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $500 to $32K.
Mississippi Farm Bureau Young Farmer Scholarship Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mississippi Farm Bureau Young Farmer Scholarship Foundation Inc. is headquartered in JACKSON, MS. While based in MS, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anna Thames | SECRETARY | $0 | $0 | N/A |
| Betty Jo Mills | DIRECTOR | $0 | $0 | N/A |
| Brent Wilson Cpa | TREASURER | $0 | $0 | N/A |
| Donald Gant | DIRECTOR | $0 | $0 | N/A |
| Robert Earl Mcgehee | DIRECTOR | $0 | $0 | N/A |
| Clint Ladner | DIRECTOR | $0 | $0 | N/A |
| Cody Maske | DIRECTOR | $0 | $0 | N/A |
| Mike Mccormick | PRESIDENT | $0 | $0 | N/A |
| Ted Kendall Iv | DIRECTOR | $0 | $0 | N/A |
| Jake Thames | DIRECTOR | $0 | $0 | N/A |
Total Giving
$62K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$52K
Contributions
$92K
Net Investment Income
$18K
Distribution Amount
$61K
Total Grants
40
Total Giving
$183K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
16
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mississippi State UniversitySCHOLARSHIPS FOR NINETEEN INDIVIDUALS. | Mississippi State, MS | $26K | 2022 |
| Hinds Community CollegeSCHOLARSHIP FOR TWO INDIVIDUALS | Raymond, MS | $6K | 2022 |
| East Mississippi Community CollegeSCHOLARSHIP FOR TWO INDIVIDUALS | Scooba, MS | $3K | 2022 |
| Alcorn State UniversitySCHOLARSHIPS FOR TWO INDIVIDUALS. | Lorman, MS | $3K | 2022 |
| University Of Southern MississippiSCHOLARSHIP FOR ONE INDIVIDUAL | Hattiesburg, MS | $2K | 2022 |
| University Of MississippiSCHOLARSHIP FOR ONE INDIVIDUAL | University, MS | $2K | 2022 |
| Northeast Mississippi Community CollegeSCHOLARSHIP FOR ONE INDIVIDUAL | Booneville, MS | $1K | 2022 |
| Jackson State UniversitySCHOLARSHIP FOR ONE INDIVIDUAL | Jackson, MS | $1K | 2022 |
| Mississippi Delta Community CollegeSCHOLARSHIP FOR ONE INDIVIDUAL | Moorhead, MS | $1K | 2022 |
| William Carey UniversitySCHOLARSHIP FOR ONE INDIVIDUAL | Hattiesburg, MS | $500 | 2022 |
| University Of South AlabamaSCHOLARSHIP FOR ONE INDIVIDUAL | Mobile, AL | $500 | 2022 |
| Jones County Junior CollegeSCHOLARSHIPS FOR FIVE INDIVIDUALS. | Ellisville, MS | $6K | 2021 |
| East Central Community CollegeSCHOLARSHIPS FOR TWO INDIVIDUALS. | Decatur, MS | $3K | 2021 |
| Copiah Lincoln Community CollegeSCHOLARSHIP FOR ONE INDIVIDUAL | Wesson, MS | $1K | 2021 |
| Ms Delta Community CollegeSCHOLARSHIP FOR ONE INDIVIDUAL. | Moorhead, MS | $2K | 2020 |
| Itawamba Community CollegeSCHOLARSHIP FOR ONE INDIVIDUAL. | Fulton, MS | $1K | 2020 |