Billy and Rebecca Long Foundation

MADISON, MS EIN: 20-3583574

Billy and Rebecca Long Foundation is a private foundation, based in MADISON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $698K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $42K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$698K

+3.5% YoY

Annual Giving

$15K

-50.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

-50.5% YoY

Under IRS private-foundation payout rules, Billy and Rebecca Long Foundation reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Billy and Rebecca Long Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $37K (81%)

Arkansas $5K (11%)

Tennessee $3K (6%)

Alabama $500 (1%)

Georgia $500 (1%)

States

Alabama Arkansas Georgia Mississippi Tennessee

Cities

AthensJacksonNashvillePeachtree CornersRidgelandSearcy

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$697,964	$674,638	$682,716
Revenue	$41,676	$27,062	$58,094
Expenses	$18,350	$35,139	$493
Qualifying Distributions	$15,000	$30,300	—
Net Investment Income	$41,676	$27,062	$58,094
Distributable Amount	$41,196	$37,422	$36,796

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Meadowbrook Church ($12,500), Mississippi Today ($1,000), Mississippi Children's Hospital ($500).

Recipient	Purpose	Amount
MEADOWBROOK CHURCH JACKSON, MS	PROMOTION OF CHARITABLE WORKS	$12,500
MISSISSIPPI CHILDREN'S HOSPITAL JACKSON, MS	PROMOTION OF CHARITABLE WORKS	$500
PROMISE 686 PEACHTREE CORNERS, GA	PROMOTION OF CHARITABLE WORKS	$500
MISSISSIPPI TODAY RIDGELAND, MS	PROMOTION OF CHARITABLE WORKS	$1,000
DEMENT CEMETERY FOUNDATION ATHENS, AL	PROMOTION OF CHARITABLE WORKS	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BILLY W LONG	PRESIDENT	1	—
REBECCA H LONG	SECRETARY/TREASUER	1	—
DAVID LONG	DIRECTOR	—	—
SCOTT LONG	DIRECTOR	—	—

Frequently Asked Questions

How large is Billy and Rebecca Long Foundation?

As of 2024, Billy and Rebecca Long Foundation holds $698K in total assets with $42K in annual revenue. It awarded 5 grants totaling $15K in 2024.

Where does Billy and Rebecca Long Foundation operate?

Billy and Rebecca Long Foundation has awarded grants in Alabama, Arkansas, Georgia, Mississippi, Tennessee.

What size grants does Billy and Rebecca Long Foundation award?

In 2024, Billy and Rebecca Long Foundation awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Billy and Rebecca Long Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Billy and Rebecca Long Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Billy and Rebecca Long Foundation's EIN?

Billy and Rebecca Long Foundation's EIN (Employer Identification Number) is 20-3583574. IRS Form 990 filing data is available on this page for 2020–2024.