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Progress Foundation Trust is a private corporation based in MERIDIAN, MS. The foundation received its IRS ruling in 1999. The principal officer is Maurice Kahlmus. It holds total assets of $2K. Annual income is reported at N/A. Total assets have decreased from $19K in 2011 to $3K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Progress Foundation Trust has made 3 grants totaling $3K, with a median grant of $1K. Annual giving has grown from $1K in 2021 to $2K in 2023. Grant recipients are concentrated in Mississippi. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Progress Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MS.
Progress Foundation Trust has distributed a total of $3K across 3 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $1K.
Progress Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Progress Foundation Trust is headquartered in MERIDIAN, MS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Teresa K Childers | TRUSTEE | $0 | $0 | N/A |
| Elizabeth K Graham | TRUSTEE | $0 | $0 | N/A |
| Maurice Kahlmus | TREASURER | $0 | $0 | N/A |
Total Giving
$2K
Total Assets
$3K
Fair Market Value
$3K
Net Worth
$3K
Grants Paid
$1K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$200
Total Grants
3
Total Giving
$3K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
1
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Meridian Community College FoundationEDUCATION | Meridian, MS | $1K | 2023 |
FLOWOOD, MS
JACKSON, MS
GULFPORT, MS