Jackson-Newell Foundation Inc

Private foundation · Grantmaker Meridian, MS EIN: 64-0592242

Jackson-Newell Foundation Inc is a private foundation, based in Meridian, MS. IRS filing data is available from 2019 through 2022. In 2022, it awarded 1 grant totaling $3K.

Jackson-Newell Foundation Inc at a glance

In short: Jackson-Newell Foundation Inc gave $3K across 1 grant in 2022 (avg $3K), mostly in Mississippi. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$2,969
Grants made (2022)
1
Average grant
$2,969
Median grant
$2,969
Primary geography
Mississippi (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Jackson-Newell Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2022

East Mississippi Economic Development: $3KEast Mississippi EconomicDevelopment$3K

The largest 2022 recipient was East Mississippi Economic Development ($3K).

Grant Size Distribution

55 grants across all recorded years

55<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 55 grants of 55 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2022 grant dollars on its one itemized grant.

Cities

JacksonMeridianColumbusHattiesburgDemopolisFrench CampGallmanHattisburgOrlandoRaymondRidgelandSpringfieldWashington

How Jackson-Newell Foundation Inc gives

  • Giving fell 87% from 2019 to 2022. Method
  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$10K$20K$30K26 grants2019 28 grants2020 0 grants2021 1 grant2022

From 2019 to 2022, annual grant giving ranged from $3K (2022) to $25K (2020). In 2022 it made 1 grant totaling $3K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
East Mississippi Economic Development Meridian, MSTo Support the Mission of the Organization.$2,969
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2022——$4,424$2,9691$2,969$200
2021$4,424—————$218
2020$4,424$23,900$24,947$24,85028—$265
2019$5,471$21,400$22,350$22,35026—$343

Under IRS private-foundation payout rules, Jackson-Newell Foundation Inc reported a distributable amount of $200 for 2022 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Jackson-Newell Foundation Inc is led by William B Allen, Chairman & CEO on every filing since 2019; none of the 5 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • William B Allen

    Chairman & CEO

    On filings since 2019

    No compensation reported

  • James D Thornton

    Director

    On filings since 2019

    No compensation reported

  • Larry Bagley

    Director

    On filings since 2019

    No compensation reported

  • William Gates

    Officer & Director

    On filings since 2019

    No compensation reported

  • Brenda Bernhard

    Secretary & Treasurer

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2022. "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 Jackson-Newell Foundation Inc

How much does Jackson-Newell Foundation Inc give each year?

Jackson-Newell Foundation Inc gave $3K across 1 grant in 2022, according to its 2022 IRS Form 990-PF.

Where does Jackson-Newell Foundation Inc operate?

Jackson-Newell Foundation Inc has awarded grants in Alabama, District of Columbia, Florida, Missouri, Mississippi.

How much is Jackson-Newell Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Jackson-Newell Foundation Inc reported a distributable amount of $200 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jackson-Newell Foundation Inc's EIN?

Jackson-Newell Foundation Inc's EIN (Employer Identification Number) is 64-0592242. IRS Form 990 filing data is available on this page for 2019–2022.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS February 19, 2020)
  2. IRS filings on file for fiscal years 2020–2022

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Browse active grant opportunities in Jackson-Newell Foundation Inc's focus areas in our free grants database

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Total Given

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Jackson-Newell 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.

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