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Norman Foundation is a private corporation based in HOUSTON, MS. The foundation received its IRS ruling in 1994. The principal officer is Wallace Norman Sr. It holds total assets of $469K. Annual income is reported at $26K. The foundation is governed by 1 officer or trustee. Purchased and gave away bibles & guideposts in the hope that the reading of these materials will make a spiritual difference in the lives of the recipients. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Mississippi. According to available records, Norman Foundation has made 27 grants totaling $76K, with a median grant of $2K. The foundation has distributed between $24K and $26K annually from 2020 to 2023. Individual grants have ranged from $194 to $11K, with an average award of $3K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Mississippi. Contributions to this foundation are tax-deductible.
Smallest Grant
$194
Median Grant
$3K
Average Grant
$3K
Largest Grant
$6K
Based on 9 grants from the most recent 990-PF filing.
Purchased and gave away bibles & guideposts in the hope that the reading of these materials will make a spiritual difference in the lives of the recipients.
Expenses: $15K
Support of boy scout of america, boca blanca mission base and others
Expenses: $4K
Educational wesley biblical seminary & french camp academy
Expenses: $4K
Methodist & lighthouse children's home
Expenses: $3K
Purchased and gave away bibles & guideposts in the hope that the reading of these materials will make a spiritual difference in the lives of the recipients. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in MS.
Norman Foundation has distributed a total of $76K across 27 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $194 to $11K.
Christian missionary work.
Norman Foundation is headquartered in HOUSTON, MS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wallace Norman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$31K
Total Assets
$476K
Fair Market Value
$511K
Net Worth
$476K
Grants Paid
$26K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$26K
Total: $316K
Total Grants
27
Total Giving
$76K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
13
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| GuidepostsRELIGIOUS | Houston, MS | $8K | 2023 |
| Am Bible Society EtcRELIGIOUS | Houston, MS | $4K | 2023 |
| Other CharitableRELIGIOUS | Houston, MS | $3K | 2023 |
| Lighthouse Children'S HomeEDUCATIONAL | Houston, MS | $3K | 2023 |
| Wesley Biblical SeminaryBIBLICAL SEMINARY | Houston, MS | $3K | 2023 |
| Roca Blanca Mission BaseSUPPORT FOR CHRISTIAN EVANGELISM | Houston, MS | $2K | 2023 |
| Boy Scouts Of AmericaEDUCATIONAL | Houston, MS | $2K | 2023 |
| Methodist Childrens HomeEDUCATIONAL | Houston, MS | $1K | 2023 |
| French Camp AcademyCHRISTIAN EDUCATION | Houston, MS | $1K | 2023 |
| Am Intn'L Bible SocietyRELIGIOUS | Houston, MS | $5K | 2020 |
| Cemetery Funds Wesley Chapel EtcCEMETERY SUPPORT | Houston, MS | $3K | 2020 |
| Methodist Lighthouse Childrens HomeSUPPORT | Jackson, MS | $3K | 2020 |
| Boys Scouts Of AmEDUCATIONAL | Houston, MS | $2K | 2020 |