Mississippi Gulf Resort Classic Foundation Inc

Public charity · Grantmaker Madison, MS EIN: 27-1318782

Operation of an annual golf tournament that benefits local charities on the Mississippi gulf coast.

Mississippi Gulf Resort Classic Foundation Inc at a glance

In short: Mississippi Gulf Resort Classic Foundation Inc reported $5K in grants paid in 2025 (a total; its filing lists no individual grants). 17% of 2022 grantees were new. Source: 2025 IRS Form 990.

Grants paid (2025)
$5,000 — reported as a total on the IRS filing, without an itemized list
Total assets
$611,302
+1.3% vs 2024
Revenue (2025)
$44,791
+158.5% vs 2024
Net investment income (2025)
$20,949
+20.9% vs 2024
Expenses (2025)
$36,965
+942.4% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Mississippi Gulf Resort Classic Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

20 grants across all recorded years

10<$50K3$50–100K4$100–250K2$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 20 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

GulfportBiloxiBay St LouisLong BeachHattiesburgCubaGautierJacksonPass ChristianDiamondheadMoss PointOcean SpringsPearlVancleave

Is Mississippi Gulf Resort Classic Foundation Inc open to new grantees?

17%

first-time grantees, 2022

In 2022, 2 of 12 grantees (17%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $80K; repeat grants $146K. How we count

Medians: $80K first-time, $54K repeat.

  • 67% of 2022 grantees were also funded in 2021. Method
  • Giving grew 252% from 2019 to 2022. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2022). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M9 grants2019 25 grants2020 8 grants2021 12 grants2022 0 grants2023 0 grants2024 Total only2025

From 2019 to 2025, annual grant giving ranged from $5K (2025) to $1.7M (2020). In 2025 it reported $5K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Extra Table Hattiesburg, MSDonation to Further Charitable Work of Organization$657,260
Youth for Christ Gulfport, MSDonation to Further Charitable Work of Organization$270,980
Humane Society of Southern MS Gulfport, MSDonation to Further Charitable Work of Organization$193,601
Gulf Coast Center for Nonviolence Biloxi, MSDonation to Further Charitable Work of Organization$115,237
Lynn Meadow Discovery Center Gulfport, MSDonation to Further Charitable Work of Organization$107,295
Starfish Cafe Bay St Louis, MSDonation to Further Charitable Work of Organization$60,843
Back Bay Mission Biloxi, MSDonation to Further Charitable Work of Organization$47,830
Dream Program Inc Gautier, MSDonation to Further Charitable Work of Organization$47,370
CASA of Harrison County Gulfport, MSDonation to Further Charitable Work of Organization$45,483
Friends of the Animal Shelter in Hacock County Bay St Louis, MSDonation to Further Charitable Work of Organization$36,399
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$611,302$44,791$36,965$5,000Total only$20,949
2024$603,476$17,327$3,546——$17,327
2023$589,695—————
2022$818,302$2,768,880$2,168,024$1,621,11112—
2021$344,774$1,047,972$1,047,972$678,5858—
2020$1,127,744$2,135,570$2,135,515$1,684,43225—
2019$139,016$793,675$959,851$460,6849—

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Mississippi Gulf Resort Classic Foundation Inc

Based on IRS filings

Mississippi Gulf Resort Classic Foundation Inc is a public charity, based in Madison, MS. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $611K in total assets. In 2025, it reported $5K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $21K.

Leadership & Key People

Officers and directors from IRS filings

Mississippi Gulf Resort Classic Foundation Inc is led by Billy Thornton, Chairman since 2024 (on filings since 2019); 1 of 9 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Billy Thornton

    Chairman

    Member → Chairman, 2024

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Ashley Comstock

    Tournament Director

    On filings since 2024

    3 hrs/week

    $17K (2025)

  • Dirk Barrient

    Secretary

    Member → Secretary, 2025

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Frank Bertucci

    Member

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Jonathan Jones

    Member

    President → Member, 2024

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Brandon Dardeau

    Member

    On filings since 2022

    3 hrs/week

    No compensation reported

  • James Kaigler

    Treasurer

    Member → Treasurer, 2025

    On filings since 2022

    3 hrs/week

    No compensation reported

  • Bob Mandal

    Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Stephen Stiglets

    Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

Former officers (14)
  • Former: Ajay Mehra (2019–2023) — Member
  • Former: Melissa Odegaard (2019–2023) — Member
  • Former: Terrell Knight (2019–2023) — Member
  • Former: Todd Raziano (2019–2023) — Member
  • Former: Stephen Schoettmer (2021–2023) — Tournament Director
  • Former: Herb Gee (2022–2023) — Member
  • Former: Jeff Krohn (2022–2023) — Member
  • Former: Ben Hunter (2019–2021) — Member
  • Former: Dan Marks (2019–2021) — Vice President
  • Former: Duncan McKenzie (2019–2021) — Member
  • Former: Milton Segarra (2019–2021) — Member
  • Former: Travis Lunn (2019–2021) — Member
  • Former: Victor Esposito (2019–2021) — Member
  • Former: Jonathan Daniels (2020–2021) — Member

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Ashley Comstock — Tournament Director: $17KAshley ComstockTournament Director$17K

The highest reported compensation on the 2025 filing was $17K, to Ashley Comstock (Tournament Director).

Frequently asked questions about Mississippi Gulf Resort Classic Foundation Inc

How much does Mississippi Gulf Resort Classic Foundation Inc give each year?

Mississippi Gulf Resort Classic Foundation Inc reported $5K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants.

How large is Mississippi Gulf Resort Classic Foundation Inc?

Mississippi Gulf Resort Classic Foundation Inc reported $611K in total assets on its 2025 IRS Form 990. Its revenue that year was $45K.

Where does Mississippi Gulf Resort Classic Foundation Inc operate?

Mississippi Gulf Resort Classic Foundation Inc has awarded grants in Alabama, Mississippi.

What is Mississippi Gulf Resort Classic Foundation Inc's EIN?

Mississippi Gulf Resort Classic Foundation Inc's EIN (Employer Identification Number) is 27-1318782. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS July 14, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS July 12, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS July 13, 2023)
  4. Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 19, 2026)
  6. IRS filings on file for fiscal years 2020–2024

Live grants for the work Mississippi Gulf Resort Classic Foundation Inc funds

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Figures come from Mississippi Gulf Resort Classic 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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