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Patterson Family Foundation Inc. is a private corporation based in TUPELO, MS. The foundation received its IRS ruling in 2019. The principal officer is Lauren Patterson. It holds total assets of $3.4M. Annual income is reported at $1.9M. Total assets have grown from $730K in 2019 to $3.3M in 2023. The foundation is governed by 6 officers and trustees. The foundation is organized exclusively for educational, charitable, and religious purposes to provide funding and support for qualifying organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Patterson Family Foundation Inc. has made 16 grants totaling $169K, with a median grant of $10K. Annual giving has decreased from $113K in 2022 to $57K in 2023. Individual grants have ranged from $3K to $20K, with an average award of $11K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Mississippi and Tennessee. Contributions to this foundation are tax-deductible.
The foundation is organized exclusively for educational, charitable, and religious purposes to provide funding and support for qualifying organizations.
Expenses: $56K
The foundation is organized exclusively for educational, charitable, and religious purposes to provide funding and support for qualifying organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MS, TN.
Patterson Family Foundation Inc. has distributed a total of $169K across 16 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $3K to $20K.
Patterson Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Patterson Family Foundation Inc. is headquartered in TUPELO, MS. While based in MS, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lauren Patterson | DIRECTOR | $0 | $0 | N/A |
| Samantha Fikes | DIRECTOR | $0 | $0 | N/A |
| Hardin Patterson | DIRECTOR | $0 | $0 | N/A |
| Craig Fikes | DIRECTOR | $0 | $0 | N/A |
| Taylor Fikes | DIRECTOR | $0 | $0 | N/A |
| Garmon Fikes | DIRECTOR | $0 | $0 | N/A |
Total Giving
$76K
Total Assets
$3.3M
Fair Market Value
$3.4M
Net Worth
$3.3M
Grants Paid
$57K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
N/A
Total: $2.8M
Total Grants
16
Total Giving
$169K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Global OutreachMISSIONARY | Pontotoc, MS | $16K | 2023 |
| New BeginningsADOPTION SERVICES | Tupelo, MS | $8K | 2023 |
| Parkgate Pregnancy ClinicCOUNSELING | Tupelo, MS | $10K | 2023 |
| Church Missions NetworkMISSIONARY | Lebanon, TN | $9K | 2023 |
| Blue Mountain CollegeSECONDARY EDUCATION | Blue Mountain, MS | $7K | 2023 |
| Delta Streets AcademyEDUCATION | Greenwood, MS | $7K | 2023 |
| You Turn MinistriesSUPPORT SERVICES | Tupelo, MS | $10K | 2022 |
FLOWOOD, MS
JACKSON, MS
GULFPORT, MS