Overview
What is The Larry Payne Foundation?
The Larry Payne Foundation, situated in Hattiesburg, Mississippi, is a nonprofit organization with a mission to make contributions benefiting various 501(c)3 accredited educational institutions. This includes universities like the University of Southern Mississippi, University of Mississippi, Mississippi College, and Louisiana State University, along with other state-supported institutions. The foundation's activities primarily revolve around providing financial support to these educational institutions.
Is The Larry Payne Foundation legitimate?
The Larry Payne Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Larry 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 Larry Payne Foundation?
The Larry Payne Foundation's mission is centered around making charitable contributions. Specifically, it focuses on supporting 501(c)3 organizations, which primarily include educational institutions. The foundation's contributions are primarily directed towards institutions such as the University of Southern Mississippi, the University of Mississippi, Mississippi College, and various other state-supported educational institutions. In essence, the foundation seeks to aid these educational organizations in their endeavors.
Who is the CEO of The Larry Payne Foundation?
Elizabeth Payne is the Director of The Larry Payne Foundation.
What is the revenue of The Larry Payne Foundation?
The Larry Payne Foundation's revenue in 2022 was $108,432.
Who are the executives of The Larry Payne Foundation and what are their salaries?
There 2 volunteers at The Larry Payne Foundation.
Here are 3 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Larry Payne Foundation?
The Larry Payne Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Larry Payne Foundation
The Larry Payne Foundation is an organization dedicated to making contributions for the benefit of various 501(3)(c) schools. With a focus on charitable giving, this nonprofit organization aims to support educational institutions within its reach. Specifically, the contributions made by The Larry Payne Foundation have been directed towards institutions such as the University of Southern Mississippi, the University of Mississippi, Mississippi College, and Louisiana State University, among other state-supported institutions. By offering financial support to these educational institutions, The Larry Payne Foundation plays a significant role in promoting academic growth and development within its chosen community.
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Impact
October, 2024
The Larry Payne Foundation significantly enhances educational opportunities by providing financial contributions to various 501(c)(3) schools. Its primary focus on assisting institutions such as the University of Southern Mississippi, the University of Mississippi, Mississippi College, Louisiana State University, and other state-supported schools fosters academic growth and supports a diverse range of programs. With its actions rooted in commitment to education, the foundation plays a vital role in improving resources, funding scholarships, and facilitating essential initiatives that benefit students and the broader educational landscape in the region.
This information is meant to be a general summary of The Larry 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 2022.
- Investment Income: $107,682
- Gross Receipts: $727,287
Assets and Liabilities:
- Total Assets: $3,906,094
- Total Liabilities: $9,512
- Net Assets: $3,896,582
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Organization Details
Founding Year
1990
Phone
(601) 261-3730Principal Officer
Elizabeth Payne
Main Address
9 NORTH HERON COVE, HATTIESBURG, MS, 39402
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