Lower Pearl River Valley Foundation
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.4M
+18.7% YoY
Annual Giving
$1.2M
+15.2% YoY
Grant Count
21
+40.0% YoY
Avg Grant Size
$55K
-17.7% YoY
Under IRS private-foundation payout rules, Lower Pearl River Valley Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,395,363 | $21,393,957 | $19,944,817 |
| Revenue | $1,505,677 | $1,303,916 | $1,435,231 |
| Expenses | $1,565,045 | $1,453,331 | $1,320,460 |
| Qualifying Distributions | $1,447,621 | $1,320,567 | $1,202,132 |
| Net Investment Income | $1,389,631 | $1,173,049 | $1,243,411 |
| Distributable Amount | $1,164,485 | $1,066,426 | $1,168,587 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Picayune School District ($312,718), Poplarville School District ($123,396), Pearl River County Board of Supervisors ($95,653).
| Recipient | Purpose | Amount |
|---|---|---|
| 15TH CIRCUIT COURT INTERVENTION COURT ENHANCEMENT PURVIS, MS | 15TH CIRCUIT INTERVENTION COURT EXPANSION | $75,000 |
| BROTHERS' KEEPER MINISTRIES POPLARVILLE, MS | PURCHASE OF FOOD | $13,258 |
| CITY OF PICAYUNE PICAYUNE, MS | MINIS SHIELF FOR POLICE OFFICERS | $10,350 |
| COMMUNITY OF CHRISTIANS HELPING YOUTH PICAYUNE, MS | NEXT LEVEL STUDENT | $29,000 |
| EXODUS PROJECT 21 PICAYUNE, MS | SUBSTANCE ABUSE PREVENTION. | $3,932 |
| SOUTHERN PEARL RIVER COUNTY BAK PAK INC PICAYUNE, MS | BAK PAK PROGRAM - PROVIDE FOOD FOR IMPOVERISHED CHILDREN. | $36,722 |
| HUGH O'BRIAN YOUTH FOUNDATION JACKSON, MS | YOUTH LEADERSHIP PROGRAM | $850 |
| MANNA MINISTRIES PICAYUNE, MS | FAMILY ADVOCACY PROGRAM | $36,562 |
| OASIS COMMUNITY DEVELOPMENT PICAYUNE, MS | ADDICTION RECOVERY RESTORATION MINISTRY | $24,000 |
| PEARL RIVER COMMUNITY COLLEGE POPLARVILLE, MS | 2024 WOMENS HEALTH SYMPOSIUM | $57,000 |
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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MR CLYDE DEASE | PRESIDENT/CEO | 40 | $153,906 |
| DR PAMELA THOMAS | BOARD CHAIR | 3 | $6,450 |
| DR TOM CLARK | DIRECTOR | 3 | $6,450 |
| DR REBECCA ASKEW | SECRETARY | 3 | $6,450 |
| MS BARBARA ALEXANDER | DIRECTOR | 3 | $6,450 |
| MR RAY SCOTT | TREASURER | 3 | $6,450 |
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 FoundationThe 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 2024, Lower Pearl River Valley Foundation awarded 21 grants totaling $1.2M — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is Lower Pearl River Valley Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lower Pearl River Valley Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lower Pearl River Valley Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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