Asbury Foundation of Hattiesburg Inc logo

Asbury Foundation of Hattiesburg Inc

HATTIESBURG, MS EIN: 64-0692161 Website

The Asbury Foundation of Hattiesburg Inc is a private 501(c)(3) foundation based in Hattiesburg, Mississippi. Designated as a community foundation, the organization was created as part of the Wesley Hospital Foundation and has been tax-exempt since April 2003. The foundation is located at 201 Methodist Hospital Boulevard, Suite 204, in Hattiesburg.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$873

-100.0% YoY

Grant Count

1

-95.5% YoY

Avg Grant Size

$873

-99.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Asbury Foundation secures philanthropic support for benevolent care and transformational opportunities for residents of Asbury Communities. The foundation's key focus areas include:

  • Benevolent Care: Supporting eligible residents who have outlived their resources with funds for housing, medical, and other necessary expenses
  • Capital Projects: Funding new spaces and programs that impact communities of residents and families
  • Scholarships & Education: Supporting educational opportunities and student scholarships
  • Special Programs: Funding specialized community programs
  • Innovation: Supporting innovative initiatives within Asbury Communities

Grantmaking

The foundation has demonstrated significant grant-making activity, though recent filings show reduced activity. Historical grant data indicates:

Grant Range

**: Awards have ranged from $13,000 to $330,000

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Geographic Focus

Where this funder awards grants

The Asbury Foundation focuses its giving within Mississippi, with particular emphasis on the seven-county area served by Wesley Hospital. The foundation restricts applications to in-state organizations.

Grant Distribution by State

1states

States

Cities

EllisvileHattiesburgJacksonLaurelMt OlivePetalPoplarvillePurvisRidgeland

Financial History

Multi-year comparison from IRS filings

Based on the most recent available filings:

Metric 2024 2023 2022
Total Assets $0 $43,978 $27,754,146
Annual Giving $873 $2,810,976 $755,686
Revenue $873 $2,259,748 $755,686
Expenses $873 $29,969,916 $2,256,821
Qualifying Distributions $873 $29,763,506 $2,051,655

Note: The 2024 filing indicates a final return was filed, suggesting significant changes in the foundation's status or operations.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$25M$33M20202021202220232024
Metric202420232022
Total Assets$43,978$27,754,146
Revenue$873$2,259,748$755,686
Expenses$873$29,969,916$2,256,821
Qualifying Distributions$873$29,763,506$2,051,655
Net Investment Income$2,073,297$534,584
Distributable Amount$1,856,877$1,504,194

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$15M$22M$29M16 grants202020 grants202113 grants202222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

EDWARDS STREET MISSION$873

Grant Size Distribution

72 grants across all recorded years

15<$50K15$50–100K28$100–250K7$250–500K3$500K–1M$1–5M4$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • William K. Ray: Executive Director (as of 2002)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MR GLENN GALEYBOARD MEMBER0.25
MR HARRY MCARTHURBOARD MEMBER0.25
MR WILLIAM RAYCEO & BOARD MEM30
MS JAN LACYBOARD MEMBER0.25
MR JOSEPH HURSTONBOARD MEMBER0.25
MR RAY HUMPHREYSBOARD MEMBER0.25
MR RON CAINBOARD MEMBER0.25
MR JEROME BROWNBOARD MEMBER0.25
MR JOE STEVENSBOARD MEMBER0.25

Recent News & Activity

Recent developments and announcements

2023

In 2023, the Asbury Foundation awarded a $7 million grant to William Carey University's College of Health Sciences, representing a major educational investment in the region.

Asbury Foundation awards $7 million to WCU College of Health Sciences

The foundation has also supported the Forrest Health Foundation's expansion of the Asbury Hospice House in Hattiesburg. The Forrest Health Foundation raised more than $3 million for this expansion project, with the Asbury Foundation identified as a key donor supporting the initiative. The expansion includes larger family areas, a children's activity space, an expanded on-site pharmacy, and an outdoor pavilion designed to accommodate family events and special occasions.

Asbury Hospice House breaks ground on expansion in Hattiesburg

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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