Mississippi State University Foundation Inc is a 501(c)(3) organization based in Ms State, Mississippi, registered in 1997, with $79,597,592 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
Revenue (FY2023)
$79.6M
▼ 59.0% vs prior year
Human Services median: $293K
Expenses (FY2023)
$70.5M
Net assets
$934.4M
Employees
79
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mississippi State University Foundation Inc: 80% to programs · $8 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mississippi State University Foundation Inc: 159 mo reserves · +11% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mississippi State University Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mississippi State University Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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See schedule o
This includes amounts paid to the bulldog club, inc. primarily for athletic needs.
This includes amounts paid to the mississippi state university almuni, inc. to supplement their program in servicing the alumni of mississippi state university.
Revenue grew from $76.6M (FY2013) to $79.6M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$961.0M
Total liabilities
$26.6M
Net assets
$934.4M
Salaries & benefits
$7.7M
11% of expenses
Board members
43
43 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $79,597,592▼59.0% | $70,473,584▲9.8% | $934,426,692▲9.4% | $961,007,926▲9.2% | 990 |
| 2022 | $194,265,395▲144% | $64,182,851▲26.2% | $854,234,156▲25.1% | $880,437,235▲24.6% | 990 |
| 2021 | $79,749,690▼4.6% | $50,851,403▲20.9% | $682,782,102▼7.8% | $706,859,370▼7.2% | 990 |
| 2020 | $83,602,710▲40.2% | $42,057,958▼38.6% | $740,424,371▲36.6% | $761,992,694▲35.9% | 990 |
| 2019 | $59,624,907▼8.5% | $68,475,880▲48.3% | $542,065,836▼2.1% | $560,789,333▼1.8% | 990 |
| 2018 | $65,176,762▼30.9% | $46,165,683▲12.6% | $553,469,689▲4.3% | $570,922,775▲5.0% | 990 |
| 2017 | $94,330,884▲64.6% | $40,986,498▼4.9% | $530,487,923▲6.4% | $543,740,621▲6.4% | 990 |
| 2016 | $57,296,470▲10.7% | $43,115,353▼11.4% | $498,733,759▲8.7% | $510,929,908▲8.4% | 990 |
| 2015 | $51,762,046▼12.6% | $48,681,998▲24.4% | $459,018,555▲0.7% | $471,149,018▲0.3% | 990 |
| 2014 | $59,211,633▼22.7% | $39,122,979▲3.7% | $455,899,193▲0.9% | $469,834,265▲1.5% | 990 |
| 2013 | $76,582,694 | $37,712,728▲13.5% | $451,670,560▲16.1% | $462,708,689▲15.8% | 990 |
| 2012 | — | $33,213,335▼8.0% | $389,116,795▲15.9% | $399,594,469▲14.8% | 990 |
| 2011 | — | $36,084,702▲21.9% | $335,701,382▼0.6% | $348,199,146▼0.4% | 990 |
| 2010 | — | $29,591,729▲19.4% | $337,861,209▲18.5% | $349,692,697▲17.9% | 990 |
| 2009 | — | $24,787,789 | $285,149,081 | $296,703,638 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: John P Rush — $599,264 (0.85% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John P Rush | President & Ceo | 40 | $599,264 |
| Janet H Carraway | Chief Financial Officer | 40 | $254,091 |
| Jack R Mccarty | Secretary | 40 | $232,090 |
| Leann Markham | Exec Director of Info Svcs | 40 | $196,155 |
| William Evans | Sr. Director of Dev. Eng. | 40 | $184,495 |
| Joseph Iupe | Director of Finance and Budget | 40 | $180,976 |
| Judson Skelton | Director of Real Estate Strategy | 40 | $176,204 |
| Cathy Lammons | Exec Dir of Comm & Donor Relations | 40 | $174,501 |
| Albert C Clark | Director | 1 | — |
| Albert J Williams | Director | 1 | — |
| Anthony L Wilson | Chair of the Board | 1 | — |
| Becky Murphy | Director | 1 | — |
| Bobby S Shackouls | Director | 1 | — |
| Brenton S Brasher | Director | 1 | — |
| Bryan S Wilson | Director | 1 | — |
| Catherine C Dunn | Director | 1 | — |
| Cynthia W Simpson | Director | 1 | — |
| David B Hall | Director | 1 | — |
| D Hines Brannan | Director | 1 | — |
| Douglas J Marchant | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Cooper Construction Services LLC | Contracting Services | $461,389 |
| Zuri Group | Consulting Services | $354,236 |
| Kpmg LLP | Audit & Tax Services | $261,763 |
| Baker Donelson Bearman & Caldwell | Legal & Policy Services | $239,853 |
| Industry Training Solutions | Technical Training Services | $187,285 |
228 grants to Mississippi State University Foundation Inc totaling $28.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $242,963 |
| Tulsa Community Foundation | General operations | 2024 | $100,000 |
| American Endowment Foundation | Human service | 2024 | $93,000 |
| Community Foundation of Greater Memphis Inc | General operational support | 2024 | $89,800 |
| American Online Giving Foundation Inc | General support | 2024 | $67,247 |
| Charities Aid Foundation America | Charitable donation | 2024 | $56,041 |
| The Community Foundation of Greater Birmingham | Education; daf funded | 2024 | $55,000 |
| Woodward Hines Education Foundation | To provide personnel support for diversity programming, recruiting and retention | 2024 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $50,000 |
| Ayco Charitable Foundation | Education | 2024 | $37,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $25,000 |
| Impactassets Inc | General support | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| Greater Houston Community Foundation | Human services | 2024 | $16,785 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $14,700 |
3 grants totaling $56.2M in FY2023. All grants made by Mississippi State University Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Mississippi State University | Provide funds for learning/scholarships, service and research | $52,610,149 |
| Bulldog Club | Provide contributed funds designated to support the msu athletic programs | $2,253,784 |
| Mississippi State University Alumni Inc | Provide funds to the org. to help support msu through programs and activities for alumni | $1,338,369 |
Explore more
Data for Mississippi State University Foundation Inc (EIN 64-0410581) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.