Mississippi Gulf Resort Classic logo

Mississippi Gulf Resort Classic

Foundation · Grantmaker Madison, MS EIN: 27-1318782 Website

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

Key facts about Mississippi Gulf Resort Classic

In short: Mississippi Gulf Resort Classic 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.

EIN
27-1318782
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$5,000 — reported as a total on the IRS filing, without an itemized list
Total assets
$611,302

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$611K

+1.3% YoY

Grants Paid (reported total)

$5K

Revenue

$45K

+158.5% YoY

Net Investment Income

$21K

+20.9% YoY

Is Mississippi Gulf Resort Classic open to new grantees?

17%

first-time grantees, 2022

In 2022, 2 of 12 grantees (17%) were first-time recipients. 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.

About Mississippi Gulf Resort Classic

Based on IRS filings

Mississippi Gulf Resort Classic is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

GulfportBiloxiBay St LouisLong BeachHattiesburgCubaGautierJacksonPass ChristianDiamondheadMoss PointOcean SpringsPearlVancleave

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M9 grants201925 grants20208 grants202112 grants20220 grants20230 grants2024Total only2025

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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

20 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$611,302$603,476$589,695
Revenue$44,791$17,327—
Expenses$36,965$3,546—
Qualifying Distributions———
Net Investment Income$20,949$17,327—
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 19, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Mississippi Gulf Resort Classic 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

Frequently asked questions about Mississippi Gulf Resort Classic

How much does Mississippi Gulf Resort Classic give each year?

Mississippi Gulf Resort Classic 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?

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

What is Mississippi Gulf Resort Classic?

Mississippi Gulf Resort Classic is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Madison, MS. It holds $611K in total assets as of 2025.

Where does Mississippi Gulf Resort Classic operate?

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

What is Mississippi Gulf Resort Classic's EIN?

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

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

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