Community Foundation Inc
Community Foundation Inc is a private foundation focused on Religion, based in Oxford, MS. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $30.2M in total assets. In 2025, it awarded 1 grant totaling $348K. Net investment income was $992K.
Key facts about Community Foundation Inc
In short: Community Foundation Inc gave $348K across 1 grant in 2025 (avg $348K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.
- EIN
- 23-7033813
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $347,728
- Grants made (2025)
- 1
- Average grant
- $347,728
- Median grant
- $347,728
- Total assets
- $30,202,565
- Primary geography
- Mississippi (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$30.2M
+2.2% YoY
Annual Giving
$348K
-82.7% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$348K
-65.4% YoY
Under IRS private-foundation payout rules, Community Foundation Inc reported a distributable amount of $1.3M for 2025 — the minimum it must pay out in qualifying distributions.
How Community Foundation Inc gives
- Giving fell 83% from 2022 to 2025. Method
- In 2025 it paid out 28% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $348K (2025) to $2.4M (2020). In 2025 it made 1 grant totaling $348K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
The largest 2025 recipient was Create Foundation ($348K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 6 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Create Foundation Tupelo, MS | Community Foundation, Inc. Fund | $347,728 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $30,202,565 | $29,565,519 | $32,552,169 |
| Revenue | $1,010,989 | $-918,181 | $2,327,564 |
| Expenses | $373,943 | $2,068,469 | $2,066,104 |
| Qualifying Distributions | $354,559 | $2,016,670 | $2,006,330 |
| Net Investment Income | $991,606 | $754,710 | $2,267,790 |
| Distributable Amount | $1,259,127 | $1,204,039 | $1,519,095 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 25, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 26, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 2, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Community Foundation Inc is led by Robert H. Paine, President, Secretary & Treasurer since 2025 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert H. Paine
President, Secretary & Treasurer
Secretary → President, Secretary & Treasurer, 2025
On filings since 2019
1 hr/week
No compensation reported
Wk Paine
President & Treasurer
On filings since 2019
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Community Foundation Inc
How much does Community Foundation Inc give each year?
Community Foundation Inc gave $348K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.0M across 2 grants.
How large is Community Foundation Inc?
Community Foundation Inc reported $30.2M in total assets on its 2025 IRS Form 990-PF. It paid out $355K in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets).
What is Community Foundation Inc?
Community Foundation Inc is a private foundation focused on Religion, based in Oxford, MS. It holds $30.2M in total assets as of 2025.
Where does Community Foundation Inc operate?
Community Foundation Inc has awarded grants in Colorado, Florida, Mississippi.
What is Community Foundation Inc's EIN?
Community Foundation Inc's EIN (Employer Identification Number) is 23-7033813. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Community Foundation Inc by hand.
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