Dr & Mrs R Faser Triplett Foundation
Dr & Mrs R Faser Triplett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 3 grants totaling $556K. Net investment income was $196K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
-12.2% YoY
Annual Giving
$556K
+7.2% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$185K
+42.9% YoY
Under IRS private-foundation payout rules, Dr & Mrs R Faser Triplett Foundation reported a distributable amount of $498K for 2024 — the minimum it must pay out in qualifying distributions.
About Dr & Mrs R Faser Triplett Foundation
Based on IRS filings
Dr & Mrs R Faser Triplett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 3 grants totaling $556K. Net investment income was $196K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,290,279 | $7,162,549 | $7,409,458 |
| Revenue | $-158,773 | $425,431 | $634,527 |
| Expenses | $713,497 | $672,340 | $775,471 |
| Qualifying Distributions | $555,660 | $518,470 | $550,111 |
| Net Investment Income | $195,929 | $327,183 | $547,525 |
| Distributable Amount | $498,351 | $503,504 | $517,922 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Mississippi Foundation - Triplett Alumni Center Project ($545,593), Faith Home Inc ($10,000), From K-1 for Great Southern Capital Corporation ($67).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF MISSISSIPPI FOUNDATION - TRIPLETT ALUMNI CENTER PROJECT OXFORD, MS | UNRESTRICTED | $545,593 |
| FROM K-1 FOR GREAT SOUTHERN CAPITAL CORPORATION MERIDIAN, MS | UNRESTRICTED | $67 |
| FAITH HOME INC GREENWOOD, SC | UNRESTRICED | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RODNEY F TRIPLETT JR | DIRECTOR | 2 | $15,000 |
| DIANE T HOLLOWAY | DIRECTOR | 2 | $15,000 |
| LIZ WALKER | DIRECTOR | 2 | $15,000 |
| LOU ANN T WOIDTKE | DIRECTOR | 2 | $15,000 |
| SUSAN FULLER | DIRECTOR | 2 | $15,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dr & Mrs R Faser Triplett Foundation?
Dr & Mrs R Faser Triplett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, MS. It holds $6.3M in total assets as of 2024.
How large is Dr & Mrs R Faser Triplett Foundation?
As of 2024, Dr & Mrs R Faser Triplett Foundation holds $6.3M in total assets with $-158,773 in annual revenue. It awarded 3 grants totaling $556K in 2024.
Where does Dr & Mrs R Faser Triplett Foundation operate?
Dr & Mrs R Faser Triplett Foundation has awarded grants in Mississippi, South Carolina.
What size grants does Dr & Mrs R Faser Triplett Foundation award?
In 2024, Dr & Mrs R Faser Triplett Foundation awarded 3 grants totaling $556K — an average of about $185K per grant, based on its IRS Form 990 filings.
How much is Dr & Mrs R Faser Triplett Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr & Mrs R Faser Triplett Foundation reported a distributable amount of $498K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dr & Mrs R Faser Triplett Foundation's EIN?
Dr & Mrs R Faser Triplett Foundation's EIN (Employer Identification Number) is 72-1361246. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.