Maddox Foundation

HERNANDO, MS EIN: 64-0917900 Website

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

+9.1% YoY

Avg Grant Size

$203K

-36.2% YoY

Under IRS private-foundation payout rules, Maddox Foundation reported a distributable amount of $3.4M for 2024 — the minimum it must pay out in qualifying distributions.

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

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

Mississippi $13.7M (96%)

Tennessee $355K (2%)

New York $85K (1%)

California $80K (1%)

Georgia $53K (0%)

Virginia $14K (0%)

States

California Georgia Mississippi New York Tennessee Virginia

Cities

AtlantaBatesvilleBerkeleyClarksdaleClevelandDrewGreenvilleGreenwoodGrenadaGulfportHattiesburgHernandoHolly SpringsIndianolaJacksonLambertMemphisMeridianMoreheadNashville

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include Ymca of Memphis & the Mid-south ($2,100,000), City of Hernando ($125,211), Emmett Till Interpretive Center ($75,000).

Recipient	Purpose	Amount
YMCA OF MEMPHIS & THE MID-SOUTH OLIVE BRANCH, MS	DEVELOPMENT OF NEW YMCA IN HERNANDO	$2,100,000
CITY OF HERNANDO HERNANDO, MS	REPAIR & RENOVATE PLAYGROUND	$125,211
EMMETT TILL INTERPRETIVE CENTER SUMNER, MS	PRESERVE MEMORY OF EMMETT TILL	$75,000
YMCA FOUNDATION OF MIDDLE TN NASHVILLE, TN	LONG-TERM SUSTAINABILITY & VIABILITY	$50,000
MISSISSIPPI NEWS CORPORATION RIDGELAND, MS	CIVIC ENGAGEMENT & PUBLIC DIALOGUE	$25,000
SAVE THE MUSIC FOUNDATION NEW YORK, NY	SUPPORT AT-RISK YOUTH THROUGH MUSIC	$20,000
PHILANTHROPY SOUTHEAST ATLANTA, GA	GENERAL SUPPORT	$13,180
GRAMMY MUSEUM MISSISSIPPI CLEVELAND, MS	TEACH & INSPIRE FUTURE GENERATIONS	$10,000
NASHVILLE SCHOOL OF LAW NASHVILLE, TN	SUPPORT FOR QUALITY LEGAL EDUCATION	$5,000
CANDIDGUIDESTAR WILLIAMSBURG, VA	GENERAL SUPPORT	$3,801

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

2025

**YMCA Campus Development (2025):**

2023

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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Maddox Foundation fund?

**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

How do I apply for a grant from Maddox Foundation?

**Grant Activity:** • Recent grant count: 12 grants (2024) • Grant range: $2,400 to $2.1 million • Median grant size: $17,000–$25,000 • Average grant size: $203,000 (2024) **Recent Grants (2023):** • Nashville School of Law: $25,000 (Support for Quality Legal Education) • Deep South Today: $25,000 (Support Civic Engagement & Public Dialogue) • MB Swayze Educational Foundation: $2,400+ (Emphasize Scholastic Excellence) **Notable Initiatives:** • $10 million challenge grant to establish the Commu…

Where does Maddox Foundation make grants?

The foundation primarily funds organizations in Mississippi, Tennessee, and Virginia, with particular emphasis on Northwest Mississippi and the Hernando area.

What size grants does Maddox Foundation award?

In 2024, Maddox Foundation awarded 12 grants totaling $2.4M — an average of about $203K per grant, based on its IRS Form 990 filings.

How much is Maddox Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maddox Foundation reported a distributable amount of $3.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.