Overview
What is The Jimmy A Payne Foundation?
The Jimmy A Payne Foundation is a philanthropic organization, headquartered at 118 College Drive, Hattiesburg, Mississippi 39406. Its primary mission is to support the University of Southern Mississippi, a recognized educational institution in the state. The foundation fulfills this purpose by making contributions and allocations specifically for the benefit of the university. This commitment to the University of Southern Mississippi drives all of the foundation's activities and grants.
Is The Jimmy A Payne Foundation legitimate?
The Jimmy A Payne Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jimmy A Payne Foundation submitted a form 990, 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
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What is the mission statement of The Jimmy A Payne Foundation?
The Jimmy A Payne Foundation's mission is to provide support to the University of Southern Mississippi, a state-approved institution. They make contributions aimed at benefiting this educational establishment. All grants and allocations made by the foundation are intended for the betterment of the University of Southern Mississippi. In essence, the foundation's purpose is to contribute to the advancement and growth of this university.
What is the revenue of The Jimmy A Payne Foundation?
The Jimmy A Payne Foundation's revenue in 2023 was $627,480.
Who are the executives of The Jimmy A Payne Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Jimmy A Payne Foundation?
The Jimmy A Payne Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Jimmy A Payne Foundation
The Jimmy A Payne Foundation, named after its benefactor, is committed to extending support to the University of Southern Mississippi. This esteemed organization aims to make contributions that positively impact this respected educational institution, which is state-approved. In line with its mission, all grants and allocations from the foundation are intended for the betterment of the University of Southern Mississippi. The Jimmy A Payne Foundation is dedicated to providing assistance to this university, enhancing its capabilities and fostering its growth.
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Impact
October, 2024
The Jimmy A Payne Foundation significantly impacts the University of Southern Mississippi by providing essential support and resources that enhance educational opportunities for students. Through its contributions, the foundation strengthens the academic environment, facilitating better access to educational programs, scholarships, and facilities. This support fosters a culture of learning and development, ultimately benefiting both the university community and the broader region of Hattiesburg, Mississippi. By focusing on the needs of the institution, the foundation plays a vital role in promoting educational excellence and opportunity.
This information is meant to be a general summary of The Jimmy A Payne Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $230,129
- Gross Receipts: $2,003,076
Assets and Liabilities:
- Total Assets: $8,488,237
- Total Liabilities: $0
- Net Assets: $8,488,237
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALL OTHER PROGRAM SERVICE REVENUE -
Organization Details
Founding Year
1990
Principal Officer
Stace Mercier
NTEE Category
Code: B82 - Education
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