The Maddox Foundation is a private independent foundation based in Hernando, Mississippi, established in 1968 by Dan and Margaret Maddox. The foundation operates as a 501(c)(3) organization and has been tax-exempt since February 2000. It functions as a grantmaking foundation focused on making signature investments that create lasting community impact.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+36.7% YoY
Annual Giving
$2.4M
-30.3% YoY
Grant Count
12
+9.1% YoY
Avg Grant Size
$203K
-36.2% YoY
Mission & Focus Areas
Mission: "Signature Investments Creating an Indelible Legacy."
The foundation addresses the lack of accessible and affordable programs available in communities. Primary funding focus areas include:
- Education
- Philanthropy, voluntarism, and grantmaking
- Human services
- Nonprofit capacity building and sustainability
- Community outreach and engagement with local charitable organizations
- Civic engagement and public dialogue
Grantmaking
Grant Range
$2,400 to $2.1 million
Average Grant
$203,000 (2024)
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Mississippi, Tennessee, and Virginia, with particular emphasis on Northwest Mississippi and the Hernando area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
2024 (Most Recent Filing):
- Total Assets: $5,098,991
- Total Revenue: $7,340,223
- Total Expenses: $4,942,742
- Qualifying Distributions: $3,180,114
- Net Investment Income: $2,136,045
2023:
- Total Assets: $3,730,105
- Total Revenue: $3,282,515
- Total Expenses: $6,001,495
- Qualifying Distributions: $4,221,125
2022:
- Total Assets: $5,551,266
- Total Revenue: $3,381,889
- Total Expenses: $5,587,986
- Qualifying Distributions: $4,522,549
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,098,991 | $3,730,105 | $5,551,266 |
| Revenue | $7,340,223 | $3,282,515 | $3,381,889 |
| Expenses | $4,942,742 | $6,001,495 | $5,587,986 |
| Qualifying Distributions | $3,180,114 | $4,221,125 | $4,522,549 |
| Net Investment Income | $2,136,045 | — | $846,748 |
| Distributable Amount | $3,414,556 | $3,869,805 | $3,434,563 |
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
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Robin G. Hurdle – President (65 hours/week, $460,000–$461,000 annual compensation)
- Karen Sanders – Board Member (10 hours/week, $9,000–$14,000 annual compensation)
- Carol Ayers – Board Member & Secretary (10 hours/week, $9,000–$14,000 annual compensation)
- Lanier Hurdle – Board Member (10 hours/week, $7,500–$12,000 annual compensation)
- April Thomas – Accountant (40 hours/week, $52,000–$54,000 annual compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBIN G HURDLE | PRESIDENT | 65 | $460,319 |
| KAREN SANDERS | BOARD MEMBER | 10 | $13,500 |
| CAROL AYERS | BD MBR & SEC | 10 | $13,500 |
| LANIER HURDLE | BOARD MEMBER | 10 | $12,000 |
Recent News & Activity
Recent developments and announcements
**YMCA Campus Development (2025):**
The Maddox Foundation awarded $30 million to support the development of a new YMCA campus in Hernando, Mississippi. This represents a four-fold increase from the $7.5 million matching challenge pledged in 2023. The 40,000-square-foot facility, estimated to cost $40 million and to be named for the late Dan Maddox, is scheduled for completion in 2027. The complex will include a natatorium with spectating area for competitive swimming, outdoor pool, children's splash pad, community kitchen, wellness center, and fitness studios.
Reflecting on JF Maddox Foundation's 2025 funding initiatives**Historical Impact:**
At the turn of the 21st century, the Maddox Foundation initiated a $28 million public-private partnership that equipped Mississippi's public schools with internet-accessible computers in every classroom, enabling Mississippi to become the first state to achieve this milestone according to the National Governors Association.
Reflecting on JF Maddox Foundation's 2025 funding initiatives**Contact Information:**
Address: 180 W Commerce Street, Hernando, MS 38632-2202
Website: www.maddoxfoundation.org
EIN: 64-0917900
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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