Community Foundation of Northwest
The Community Foundation of Northwest Mississippi (CFNM) is a 501(c)(3) community foundation established in 2002 and based in Hernando, Mississippi. The organization was created following a grant from the Maddox Foundation and emerged from a 2000 project to establish internet-ready computers in public classrooms throughout DeSoto County. CFNM operates as an independent not-for-profit organization that connects donors with charitable causes across its service region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48.6M
+12.0% YoY
Annual Giving
$4.4M
+13.2% YoY
Grant Count
96
+11.6% YoY
Avg Grant Size
$46K
+1.4% YoY
Mission & Focus Areas
Mission: Connecting people who care with causes that matter.
The foundation assists donors in creating cost-effective and tax-efficient charitable funds while supporting nonprofit organizations and causes that make a difference in people's lives. While donors designate their charitable contributions, the foundation has established institutional priorities on:
- Education
- Health
- Children
Grantmaking
CFNM operates a four-pronged competitive grants program:
Ready to take the next step with Community Foundation of Northwest?
Geographic Focus
Where this funder awards grants
CFNM serves an 11-county region in Northwest Mississippi:
- Bolivar
- Coahoma
- DeSoto
- Leflore
- Marshall
- Panola
- Quitman
- Sunflower
- Tallahatchie
- Tate
- Tunica
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $48.6 million
- Total Revenue: $10.1 million
- Total Expenses: $7.41 million
- Total Liabilities: $4.1 million
- Number of Employees: 11
Notable Growth: The foundation's net assets increased from $17 million in 2019 to $48.6 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,609,250 | $43,406,514 | $37,673,214 |
| Revenue | $10,132,754 | $8,149,861 | $11,306,408 |
| Expenses | $7,405,816 | $6,118,916 | $6,184,574 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,189,608 | $1,487,575 | $941,885 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
14 open opportunities from Community Foundation of Northwest
Al Gilless Southaven Rotary Scholarship Grant
COMMUNITY FOUNDATION OF NORTHWEST
Amount
Up to US $1,500
Deadline
Rolling / Open
CFNWM: Competitive Grants
COMMUNITY FOUNDATION OF NORTHWEST
Amount
Varies
Deadline
Rolling / Open
Cindy Lipscomb Scholarship Grant
COMMUNITY FOUNDATION OF NORTHWEST
Amount
US $1,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boss Lady Econ Plan Dev Wrkfc ($179,830), Bb King Museum ($129,200), Emmanual United Methodist Ch ($117,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 2ND CHANCE MS OXFORD, MS | EDUCATIONAL SERVICES | $10,000 |
| AARON E HENRY COMMUNITY HEAL CLARKSDALE, MS | HEALTH SERVICES | $8,000 |
| ALLIANCE HEALTHCARE SERVICES JACKSON, MS | HEALTH SERVICES | $10,000 |
| ALLUVIAL COLLECTIVE JACKSON, MS | EDUCATIONAL SERVICES | $30,000 |
| ARTPLACE MISSISSIPPI INC GREENWOOD, MS | EDUCATIONAL SERVICES | $7,300 |
| BAYLOR SCOTT & WHITE DALLAS F DALLAS, TX | HEALTH SERVICES | $100,000 |
| BB KING MUSEUM INDIANOLA, MS | HEALTH | $129,200 |
| BELHAVEN UNIVERSITY ATLANTA, GA | EDUCATIONAL SERVICES | $60,000 |
| BLACK PARENTS UNITED FDN JONESTOWN, MS | EDUCATIONAL SERVICES | $10,000 |
| BOSS LADY ECON PLAN DEV WRKFC CLEVELAND, MS | HUMAN SERVICES | $179,830 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by a board of 21 volunteer civic leaders.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEITH FULCHER | President & CEO | 50 | $135,000 |
| TOM PITTMAN | PRES EMERITUS | 20 | $51,500 |
| LISA MELTON | Director | 0.25 | — |
| CINDY GORDON | Secretary | 5 | — |
| WILL BROWN | Director | 0.25 | — |
| CYNTHIA PRIDE GLEETON | Director | 0.25 | — |
| KIRKWOOD H MCCLINTOCK | Director | 0.25 | — |
| MICKEY ALDRIDGE | Director | 0.25 | — |
| JOHN RODGERS BRASHIER | Director | 0.25 | — |
| MIMI MEHRLE | Director | 0.25 | — |
| ANN H LAMAR | Chairman | 5 | — |
| JACK NICHOLS | Director | 0.25 | — |
| BILLY MYERS | Vice Chair | 5 | — |
| MARY THOMPSON | PAST CHAIR | 5 | — |
| TOYA BROOKS PRIDE | Director | 0.25 | — |
| BECKY NOWELL | Director | 0.25 | — |
| JULIA MITCHENER TURNIPSEED | Director | 0.25 | — |
| ROBIN HURDLE | Director | 5 | — |
| LINDA TURNER | Director | 0.25 | — |
| RAVONDA GRIFFIN WILLIS | Director | 0.25 | — |
| BECKY BEARD | Treasurer | 5 | — |
Contact Information
Address: 315 Losher Street, Suite 100, Hernando, MS 38632
Phone: 662-449-5002
Website: cfnm.org
Hours: 8:30 AM – 4:30 PM, Monday–Friday
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Community Foundation of Northwest fund?
**Mission:** Connecting people who care with causes that matter. The foundation assists donors in creating cost-effective and tax-efficient charitable funds while supporting nonprofit organizations and causes that make a difference in people's lives. While donors designate their charitable contributions, the foundation has established institutional priorities on: • Education • Health • Children
How do I apply for a grant from Community Foundation of Northwest?
CFNM operates a four-pronged competitive grants program: 1. Early Childhood Education 2. The Future of Northwest Mississippi 3. Place-Based Education & Civic Engagement 4. Technology in Education The foundation manages over 300 donor-established funds and has distributed more than $25 million to support 805 charitable organizations and activities recommended by its donors, as well as charitable programs established by the foundation itself. The foundation maintains a donor-advised fund structur…
Where does Community Foundation of Northwest make grants?
CFNM serves an 11-county region in Northwest Mississippi: • Bolivar • Coahoma • DeSoto • Leflore • Marshall • Panola • Quitman • Sunflower • Tallahatchie • Tate • Tunica
What size grants does Community Foundation of Northwest award?
In 2024, Community Foundation of Northwest awarded 96 grants totaling $4.4M — an average of about $46K per grant, based on its IRS Form 990 filings.
What is Community Foundation of Northwest's EIN?
Community Foundation of Northwest's EIN (Employer Identification Number) is 94-3421724. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Community Foundation of Northwest's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Veterans Memory Park in Ridgeland
RIDGELAND, MS
Assets
$88K
Grants
0
Total Given
—
Kappa Delta Sorority Inc 0805
OXFORD, MS
Assets
$725K
Grants
1
Total Given
$66K
William a Coleman Trust Ua Dtd 04091986 Tr
JACKSON, MS
Assets
$316K
Grants
4
Total Given
$14K
Van Devender Family Foundation
JACKSON, MS
Assets
$137K
Grants
47
Total Given
$760K
Northeast Ms Board of Realtors
TUPELO, MS
Assets
$683K
Grants
1
Total Given
$6K
United Way of Northeast Mississippi Inc
TUPELO, MS
Assets
$3.1M
Grants
35
Total Given
$783K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Community Foundation of Northwest on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Community Foundation of Northwest to a real strategy.