Institute for Technology is a private foundation focused on Science & Technology, based in RIDGELAND, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.9M in total assets. In 2024, it awarded 3 grants totaling $264K. Net investment income was $2.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.9M
+28.1% YoY
Annual Giving
$264K
+23.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$88K
-17.8% YoY
Under IRS private-foundation payout rules, Institute for Technology reported a distributable amount of $337K for 2024 — the minimum it must pay out in qualifying distributions.
About Institute for Technology
Based on IRS filings
Institute for Technology is a private foundation focused on Science & Technology, based in RIDGELAND, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.9M in total assets. In 2024, it awarded 3 grants totaling $264K. Net investment income was $2.1M.
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 | $7,943,282 | $6,200,859 | $6,276,859 |
| Revenue | $2,198,424 | $457,016 | $293,939 |
| Expenses | $613,844 | $576,437 | $599,496 |
| Qualifying Distributions | $534,118 | $493,608 | $524,310 |
| Net Investment Income | $2,146,661 | $397,193 | $229,651 |
| Distributable Amount | $337,383 | $331,142 | $359,621 |
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
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ms Center for Public Policy ($101,535), Magnolia Tribune Institute ($100,000), American Dream Legal ($62,500).
| Recipient | Purpose | Amount |
|---|---|---|
| MAGNOLIA TRIBUNE INSTITUTE FLORA, MS | GENERAL OPERATIONS | $100,000 |
| MS CENTER FOR PUBLIC POLICY JACKSON, MS | GENERAL OPERATIONS | $101,535 |
| AMERICAN DREAM LEGAL RIDGELAND, MS | GENERAL OPERATIONS | $62,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J KELLEY WILLIAMS | CHAIRMAN | 0.3 | — |
| ASHBY FOOTE III | PRESIDENT | 0.3 | — |
| BRUCE DEER | VICE PRESIDENT | 0.3 | — |
| KELLEY WILLIAMS JR | TREASURER & SECRETARY | 0.3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Institute for Technology?
Institute for Technology is a private foundation focused on Science & Technology, based in RIDGELAND, MS. It holds $7.9M in total assets as of 2024.
How large is Institute for Technology?
As of 2024, Institute for Technology holds $7.9M in total assets with $2.2M in annual revenue. It awarded 3 grants totaling $264K in 2024.
Where does Institute for Technology operate?
Institute for Technology has awarded grants in Mississippi.
What size grants does Institute for Technology award?
In 2024, Institute for Technology awarded 3 grants totaling $264K — an average of about $88K per grant, based on its IRS Form 990 filings.
How much is Institute for Technology required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Institute for Technology reported a distributable amount of $337K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Institute for Technology's EIN?
Institute for Technology's EIN (Employer Identification Number) is 64-0689319. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Institute for Technology's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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