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Mississippi Assn Of Financial Institutions Of Deposit Edu Founda

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454136077 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Mississippi Assn Of Financial Institutions Of Deposit Edu Founda?

Mississippi Assn Of Financial Institutions Of Deposit Edu Founda, or simply referred to as the Mississippi Association's Education Foundation, is a nonprofit organization dedicated to promoting financial and banking education in Mississippi. They collaborate with the MS Association of Financial Institutions of Deposit to implement various programs, including scholarship schemes and instruction on personal finance. The foundation finances and supports these educational initiatives, offering cash awards to high school, college students, and bank employees. Moreover, they facilitate the delivery of financial education to students and the broader public across the state, aiming to improve financial literacy and awareness.

Is Mississippi Assn Of Financial Institutions Of Deposit Edu Founda legitimate?

Mississippi Assn Of Financial Institutions Of Deposit Edu Founda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Assn Of Financial Institutions Of Deposit Edu Founda submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mississippi Assn Of Financial Institutions Of Deposit Edu Founda?

The Mississippi Association of Financial Institutions of Deposit Education Foundation aims to promote financial and banking education within Mississippi. It accomplishes this by supporting the Mississippi Association of Financial Institutions of Deposit in implementing programs. These programs include offering scholarships and delivering instruction on personal finance. The foundation also funds educational scholarship programs, providing cash awards to high school and college students as well as bank employees. Moreover, it supports the dissemination of financial education to students and the general public across the state of Mississippi.

What is the revenue of Mississippi Assn Of Financial Institutions Of Deposit Edu Founda?

Mississippi Assn Of Financial Institutions Of Deposit Edu Founda's revenue in 2024 was $428.

Who are the executives of Mississippi Assn Of Financial Institutions Of Deposit Edu Founda and what are their salaries?

Here are 10 key members and their salaries:


M Ray Cole Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Waycaster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbie Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Jones (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooks Corder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gage Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Staten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Fellows (Sec./Treas.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mississippi Assn Of Financial Institutions Of Deposit Edu Founda?

Mississippi Assn Of Financial Institutions Of Deposit Edu Founda's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Mississippi Assn Of Financial Institutions Of Deposit Edu Founda

The Mississippi Association of Financial Institutions of Deposit Education Foundation is dedicated to fostering financial and banking education within the state of Mississippi. This nonprofit organization supports the Mississippi Association of Financial Institutions of Deposit in executing programs that offer scholarships and deliver financial literacy instruction. The foundation financially backs and facilitates educational scholarship programs, providing monetary awards to high school, college students, and bank employees. Moreover, the foundation aids in the dissemination of financial education to students and the general public across Mississippi.

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Impact




October, 2024

The Mississippi Association of Financial Institutions of Deposit Education Foundation significantly enhances financial literacy across the state. By promoting banking education and personal finance instruction, it empowers individuals from high school students to bank employees with the knowledge to make informed financial decisions.

The foundation funds scholarship programs, which provide cash awards to deserving students, thereby reducing financial barriers to education and encouraging academic achievement. By delivering essential financial education to the public, it fosters a greater understanding of money management, savings, and investment strategies among Mississippi residents. This focus on financial education not only helps individuals improve their financial wellbeing but also contributes to the overall economic health of the community. Through its initiatives, the foundation plays a critical role in shaping a financially informed and capable population in Mississippi.




This information is meant to be a general summary of Mississippi Assn Of Financial Institutions Of Deposit Edu Founda. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$428 (2024)
Expenses
$32,756 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $128
  • Gross Receipts: $428

Assets and Liabilities:

  • Total Assets: $285,825
  • Total Liabilities: $2,000
  • Net Assets: $283,825

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Organization Details

Principal Officer

M Ray Cole Jr

NTEE Category

Code: W11 - Public benefit

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