Lower Pearl River Valley Foundation

Foundation · Grantmaker PICAYUNE, MS EIN: 64-0901092

The Lower Pearl River Valley Foundation is a private 501(c)(3) grantmaking foundation based in Picayune, Mississippi. Established in 1998 and converted from Crosby Memorial Hospital, the foundation operates as an independent foundation focused on strengthening communities through strategic philanthropic investments.

Key facts about Lower Pearl River Valley Foundation

EIN
64-0901092
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$763,799
Grants made (2025)
19
Average grant
$40,200
Median grant
$27,500
Primary geography
Mississippi (88% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Lower Pearl River Valley Foundation funds

By grant dollars, the top recipient states for Lower Pearl River Valley Foundation's 19 itemized 2025 grants were Mississippi (88%) and Alabama (9%). The most frequent recipient cities were Picayune, MS (8 grants), Poplarville, MS (4 grants) and Jackson, MS (2 grants). None of its 19 grants with a stated purpose were described as general or operating support.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$764K

-34.0% YoY

Grant Count

19

-9.5% YoY

Avg Grant Size

$40K

-27.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

According to the foundation's leadership, the mission is to "strengthen communities by supporting initiatives that improve health, education, and overall quality of life" with a commitment to "investing in programs that create lasting and positive change."

The foundation's primary funding areas include:

  • Education
  • Human Services
  • Philanthropy, Voluntarism & Grantmaking

Grantmaking

The foundation made 15 grants in 2024. Recent documented grants include:

Average Grant

amount varies by year

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Geographic Focus

Where this funder awards grants

The foundation primarily funds initiatives in Mississippi, Louisiana, and Alabama, with particular emphasis on the Lower Pearl River Valley region.

Grant Distribution by State

4states

Share of all 19 itemized 2025 grant dollars.

Cities

PicayunePoplarvilleJacksonCarriereHattiesburgPelhamPurvisBiloxiBostonMetairie

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $25,395,363
  • Total Giving: $1,157,912
  • Total Revenues: $1,505,677
  • Total Expenses: $1,565,045
  • Number of Employees: 2

As of 2023:

  • Total Assets: $21.4 million
  • Revenue: $1.3 million
  • Expenses: $1.45 million
  • Total Liabilities: $123,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12019202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$289K$579K$868K$1M14 grants201915 grants202011 grants202114 grants202215 grants202321 grants202419 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

City of Picayune$114KPicayune School District$77KOasis Community Developm…$73KSight Savers America$70KManna Ministries$65KCommunity of Christians …$59K15th Circuit Court Inter…$58KUniversity of Southern M…$40KPearl River County Schoo…$31KPearl River Community Co…$28K

Grant Size Distribution

80 grants across all recorded years

48<$50K20$50–100K8$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include City of Picayune ($113,749), Picayune School District ($76,891), Oasis Community Development ($73,000).

RecipientPurposeAmount
CITY OF PICAYUNE PICAYUNE, MSFIREFIGHTER EQUIPMENT UPGRADE$113,749
PICAYUNE SCHOOL DISTRICT PICAYUNE, MSMUSTAND SOUND NICHOLSON ELEMENTARY, NICHOLSON MI WRITE PROGRAM, PMHS ONLINE RESOURCE GRAMMER INSTRUCTION, ROSELAND PARK ROADRUNNER CLASSROOM ENHANCEMENT, STEM INFLUENCE IGNITING MINDS SPARKING FUTURES$76,891
OASIS COMMUNITY DEVELOPMENT PICAYUNE, MSADDICTION RECOVERY RESTORATION MINISTRY, YOUTH AGAINST DRUGS PREVENTION$73,000
SIGHT SAVERS AMERICA PELHAM, ALCHILDREN'S EYE PROGRAM.$70,000
MANNA MINISTRIES PICAYUNE, MSFAMILY ADVOCACY PROGRAM$64,590
COMMUNITY OF CHRISTIANS HELPING YOUTH PICAYUNE, MSNEXT LEVEL STUDENT$59,400
15TH CIRCUIT COURT INTERVENTION COURT ENHANCEMENT PURVIS, MS15TH CIRCUIT INTERVENTION COURT EXPANSION$57,877
UNIVERSITY OF SOUTHERN MISSISSIPPI HATTIESBURG, MSTHE CHILDREN'S CENTER FOR COMMUNICATIONS - USM FOUNDATION CHILDREN'S CENTER INTERVENTION SERVICES.$40,000
PEARL RIVER COUNTY SCHOOL DISTRICT CARRIERE, MSBOOGIE INTO HANDWRITING, MIDDLE SCHOOL - ELEVATE ED WITH DRONE LEGENDS, FEED YOUR MIND BOOK VENDING$31,007
PEARL RIVER COMMUNITY COLLEGE POPLARVILLE, MS2025 WOMEN'S HEALTH SYMPOSIUM, WILLIAM LEWIS HONORS INSTITUTE LYCEUM SERIES$27,500

Leadership & Key People

Leadership team and compensation from IRS filings

Clyde Dease serves as President & CEO of the Lower Pearl River Valley Foundation.

Compensation Overview

From 2025 IRS filing

MR CLYDE DEASEPRESIDENT/CEO$159KDR PAMELA THOMASBOARD CHAIR$7KDR TOM CLARKDIRECTOR$7KDR REBECCA ASKEWSECRETARY$7KMS BARBARA ALEXANDERDIRECTOR$7KMR RAY SCOTTTREASURER$7KMRS JENNIFER SEALBOARD CHAIR$5K

From 2025 filing

NameTitleHoursCompensation
MR CLYDE DEASEPRESIDENT/CEO40$158,711
DR PAMELA THOMASBOARD CHAIR3$7,200
DR TOM CLARKDIRECTOR3$7,200
DR REBECCA ASKEWSECRETARY3$7,200
MS BARBARA ALEXANDERDIRECTOR3$7,200
MR RAY SCOTTTREASURER3$7,200
MRS JENNIFER SEALBOARD CHAIR3$5,400

Recent News & Activity

Recent developments and announcements

The foundation has maintained consistent grant activity supporting regional organizations. Notable recent support includes multi-year funding commitments, such as the fourth consecutive year of $40,000 support to the University of Southern Mississippi's Children's Center, which provides services at no cost to families in the Lower Pearl River Valley region.

Picayune Police Department Receives Grant from Lower Pearl River Valley Foundation

The foundation's website indicates ongoing community engagement and impact reporting through photo galleries and regular communications from leadership.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Lower Pearl River Valley Foundation fund?

According to the foundation's leadership, the mission is to "strengthen communities by supporting initiatives that improve health, education, and overall quality of life" with a commitment to "investing in programs that create lasting and positive change." The foundation's primary funding areas include: • Education • Human Services • Philanthropy, Voluntarism & Grantmaking

How do I apply for a grant from Lower Pearl River Valley Foundation?

**Grant Amounts:** • Typical award range: $850–$399,663 • Average grant amount varies by year • Recent grants have included awards of $40,000, $85,000, and $90,000 **Recent Grant Activity:** The foundation made 15 grants in 2024. Recent documented grants include: • $90,000 to Sight Savers of America for a Children's Eye Program • $85,000 to Spay-Mart Inc for the Spaymart Adoption Program • $40,000 to the University of Southern Mississippi's Children's Center for Communication and Development (f…

Where does Lower Pearl River Valley Foundation make grants?

The foundation primarily funds initiatives in Mississippi, Louisiana, and Alabama, with particular emphasis on the Lower Pearl River Valley region.

What size grants does Lower Pearl River Valley Foundation award?

In 2025, Lower Pearl River Valley Foundation awarded 19 grants totaling $764K — an average of about $40K per grant, based on its IRS Form 990 filings.

What is Lower Pearl River Valley Foundation's EIN?

Lower Pearl River Valley Foundation's EIN (Employer Identification Number) is 64-0901092. IRS Form 990 filing data is available on this page for 2019–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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