Skip to the page content
Your donations
Passes our checks

Mississippi United Methodist Foundation Inc

EIN 64-0507167 · Ridgeland, MS

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION EXISTS TO CULTIVATE AND ADMINISTER CURRENT AND DEFERRED GIFTS FOR THE BENEFIT OF MS UNITED METHODIST RELATED INSTITUTIONS, AGENCIES, LOCAL CHURCHES, AND OTHER MINISTRIES FOR CHARITABLE PURPOSES AND SUPPORT AND TO EDUCATE THESE INSTITUTIONS IN CREATING A CULTURE OF GENEROSITY AND SOUND FINANCIAL PRACTICES.

Income
$5.1 million
Spending
$7.2 million
Spent on programs
89%
Reserves
54.6 months of spending
Largest source of income
investment income, 75%
Employees
5
Volunteers
30
Highest pay
$202,182, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 42% of charities in its peer group (religion, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 54.6 months of spending.

  • Debt

    5 of 20

    It owes 67% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 41% of income.

  • Income trend

    15 of 15

    Income rose 205% on the year before.

  • Spending floor

    15 of 15

    89% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 92 out of 100. Higher than 76% of charities in its peer group (religion, $1m to $10m).

  • Independent board

    25 of 25

    27 of 27 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $239,225 spent. THE METHODIST FOUNDATION OF MISSISSIPPI AWARDED 132 SCHOLARSHIP AWARDS TOTALING $239,225. OF THESE AWARDS $199,225 WAS AWARDED TO UNDERGRADUATE STUDENTS AND $40,000 WAS AWARDED TO SEMINARY STUDENTS. AN ADDITIONAL $4,600 WAS AWARDED THROUGH THE GLOBAL BOARD OF HIGHER EDUCATION.
  2. $1.2 million spent. THE METHODIST FOUNDATION OF MISSISSIPPI DISTRIBUTED FUNDS TO VARIOUS CHURCHES AND NONPROFITS TO FURTHER THEIR EXEMPT PURPOSE. DURING THE YEAR, THE ENDOWMENTS WERE DISTRIBUTED TOTALING MORE THAN $938,000 TO VARIOUS CHURCHES AND NONPROFITS TO FURTHER THEIR PURPOSES. THE FOUNDATION ADDED ADDITIONAL FUNDS TO INDIVIDUAL CHURCHES AND CLERGY IN FURTHERANCE OF THEIR EXEMPT PURPOSE AND MISSIONS. THE FOUNDATION ALSO PROVIDED SUPPORT TO THE DENOMINATIONAL CONFERENCE IN FURTHERANCE OF OUR EXEMPT PURPOSE.
  3. $4.9 million spent. THE METHODIST FOUNDATION OF MISSISSIPPI PROVIDED INVESTMENT MANAGEMENT SERVICES FOR CHURCHES AND METHODIST AFFILIATES. THIS INCLUDES INVESTMENT DECISIONS, PURCHASES AND SALES, AS WELL AS, THE COLLECTION OF INVESTMENT INCOME AND ALLOCATION OF RETURNS. THE FOUNDATION PROVIDED GUIDANCE, LEADERSHIP, AND WORKSHOPS FOR CHURCH LEADERS AND COMMITTEES INCLUDING GENEROSITY, CHURCH AND INDIVIDUAL FINANCIAL MANAGEMENT, AND PLANNED GIVING. THE STAFF MET WITH MORE THAN 125 GROUPS PROVIDING GUIDANCE, LEADERSHIP, AND WORKSHOPS FOR CHURCH LEADERS AND COMMITTEES. 450 CHURCHES AND NONPROFIT ORGANIZATIONS ARE INVESTED IN THE FOUNDATION WITH 59 NEW ACCOUNTS IN 2024. $29,478,866 IN GIFTS AND DEPOSITS WAS RECEIVED DURING 2024 AND $21,934,884 WAS DISTRIBUTED FOR CHARITABLE PURPOSES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 1973.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.