Hugh Swinton Potts Irrevocable Trust

COLUMBUS, MS EIN: 64-6166670

Hugh Swinton Potts Irrevocable Trust is a private foundation, based in COLUMBUS, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $45K. Net investment income was $82K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-1.7% YoY

Annual Giving

$45K

-33.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$45K

-33.4% YoY

Under IRS private-foundation payout rules, Hugh Swinton Potts Irrevocable Trust reported a distributable amount of $62K for 2024 — the minimum it must pay out in qualifying distributions.

About Hugh Swinton Potts Irrevocable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $315K (100%)

States

Mississippi

Cities

University

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,212,981	$1,233,812	$1,152,048
Revenue	$85,486	$166,272	$62,559
Expenses	$106,354	$84,508	$121,382
Qualifying Distributions	$44,644	$67,064	$73,621
Net Investment Income	$82,304	$148,808	$62,559
Distributable Amount	$62,144	$44,644	$67,064

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ole Miss Loyalty Foundation ($44,644).

Recipient	Purpose	Amount
OLE MISS LOYALTY FOUNDATION UNIVERSITY, MS	TO PROVIDE SCHOLARSHIPS FOR ATHLETES OF THE UNIVERSITY OF MISSISSIPPI	$44,644

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CADENCE BANK NA	TRUSTEES	1	—

Frequently Asked Questions

How large is Hugh Swinton Potts Irrevocable Trust?

As of 2024, Hugh Swinton Potts Irrevocable Trust holds $1.2M in total assets with $85K in annual revenue. It awarded 1 grants totaling $45K in 2024.

Where does Hugh Swinton Potts Irrevocable Trust operate?

Hugh Swinton Potts Irrevocable Trust has awarded grants in Mississippi.

What size grants does Hugh Swinton Potts Irrevocable Trust award?

In 2024, Hugh Swinton Potts Irrevocable Trust awarded 1 grants totaling $45K — an average of about $45K per grant, based on its IRS Form 990 filings.

How much is Hugh Swinton Potts Irrevocable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hugh Swinton Potts Irrevocable Trust reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hugh Swinton Potts Irrevocable Trust's EIN?

Hugh Swinton Potts Irrevocable Trust's EIN (Employer Identification Number) is 64-6166670. IRS Form 990 filing data is available on this page for 2020–2024.