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.
Community Foundation Inc at a glance
In short: Community Foundation Inc gave $348K across 1 grant in 2025 (avg $348K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $347,728
- -82.7% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $347,728
- -65.4% vs 2024
- Median grant
- $347,728
- Total assets
- $30,202,565
- +2.2% vs 2024
- Primary geography
- Mississippi (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Community Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient 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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
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.
Giving History
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Create Foundation Tupelo, MS | Community Foundation, Inc. Fund | $347,728 |
Ready to take the next step with Community Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $30,202,565 | $1,010,989 | $373,943 | $347,728 | 1 | $354,559 | $991,606 | $1,259,127 |
| 2024 | $29,565,519 | $-918,181 | $2,068,469 | $2,010,000 | 2 | $2,016,670 | $754,710 | $1,204,039 |
| 2023 | $32,552,169 | $2,327,564 | $2,066,104 | $2,000,000 | 1 | $2,006,330 | $2,267,790 | $1,519,095 |
| 2022 | $32,290,709 | $6,152,620 | $2,388,168 | $2,050,000 | 1 | $2,056,110 | $5,920,562 | $1,653,766 |
| 2021 | $28,526,257 | $-6,160,165 | $1,785,937 | $1,500,000 | 1 | $1,506,875 | $847,478 | $2,063,216 |
| 2020 | $36,472,359 | $-10,738 | $2,637,899 | $2,350,000 | 3 | — | $198,441 | $1,890,167 |
| 2019 | $39,120,996 | $1,331,125 | $2,006,595 | $1,500,000 | 1 | — | $852,807 | $2,154,252 |
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.
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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data update history
(8)
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
Other open foundation grants in Mississippi
Mississippi Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Community Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Mississippi
Christian Community Foundation of Memphis
Memphis, TN
The foundation supports a broad range of U.S. charities through donor-advised funds, with a particular focus on Christian ministries and community transformation in Memphis; its Hope for Memphis Fund serves eligible Gospel-centered nonprofits in the Memphis metro area. Its 2025 grants had a median of $22,050, and it accepts applications for the Hope for Memphis Fund during its stated application cycle.
Assets
$229.0M
Grants
636
Total Given
$109.7M
Community Foundation of Greater Memphis Inc
Memphis, TN
The Community Foundation of Greater Memphis supports community needs, nonprofit capacity building, and donor-directed and theme-based grants, with awards across West Tennessee, eastern Arkansas, and northern Mississippi. Its 2025 grants had a median of $20,200, though amounts varied widely; unsolicited requests are accepted only through specific application-based opportunities, not stated as a general process.
Assets
$953.1M
Grants
761
Total Given
$134.3M
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
South Carolina Christian Foundation
Spartanburg, SC
The foundation funds Christian ministries, churches, and quality-of-life organizations, with particular attention through its Community Trust Grants to Christian nonprofits in five South Carolina counties. Its 2024 grants had a median of $15,000, though awards varied widely; most grant dollars went to South Carolina, with additional funding in other states. Community Trust applicants must submit a Ministry Introduction Form and be invited to apply; the profile does not state whether other requests are unsolicited.
Assets
$45.4M
Grants
285
Total Given
$11.6M
Ergon Foundation Inc
Jackson, MS
The foundation funds medical research, education, community development, and services for children with communication disorders, with most giving in Mississippi. In 2025, its grants ranged from $2,500 to $615,000, with a median of $25,000. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.
Assets
$210.7M
Grants
158
Total Given
$10.8M
Pinebelt Foundation
Hattiesburg, MS
Pinebelt Foundation supports charitable activities, community programs, and scholarships, with grants spanning varied local needs. In 2025, its grants had a median of $10,000, though amounts varied widely; its primary focus is the Pine Belt of South Mississippi. It accepts applications through GOapply for listed grant programs.
Assets
$61.9M
Grants
133
Total Given
$5.2M
More similar funders
More Funders in Mississippi
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Community Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Community Foundation Inc down — hundreds of funders to go?