Mississippi Power Foundation Inc logo

Mississippi Power Foundation Inc

Private foundation · Grantmaker Gulfport, MS EIN: 72-1370746 Website

Mississippi Power Foundation Inc. is a private foundation based in Gulfport, Mississippi. Its giving strategy is guided by focus areas identified by customers, including education, community relations, economic development and environmental efforts.

Mississippi Power Foundation Inc at a glance

In short: Mississippi Power Foundation Inc gave $2.2M across 75 grants in 2025 (avg $29K), mostly in Mississippi. 42% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,199,515
-34.9% vs 2024
Grants made (2025)
75
+4.2% vs 2024
Average grant
$29,327
-37.5% vs 2024
Median grant
$10,000
Total assets
$65,135,676
+40.7% vs 2024
New grantees (estimate)
42% first-time grantees (30 of 72, 2025)
Primary geography
Mississippi (93% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

How to apply to Mississippi Power Foundation Inc

How to Apply

The foundation’s filing lists Janice L. Dixon as the contact and says to use the same form submitted with the prior year’s Form 990-PF. Awards are limited to tax-exempt organizations under Internal Revenue Code Section 501(c)(3) or government entities. The filing excludes, among other uses, grants to individuals, lobbying or election-related activity, purchases of electric appliances, athletic field lighting, and activities that provide a tangible economic benefit to Mississippi Power Company. It also says Mississippi Power Company and the foundation may not receive tickets, a banquet table or another item of value as a result of a contribution.

Review Cycle
The filing states there are no submission deadlines.
Deadline
The filing states there are no submission deadlines.
Contact

Application contact: Janice L Dixon
Mailing address: 2992 West Beach Boulevard, Gulfport, MS 39502
Phone: (228) 865-5232
Website: https://mississippipower.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Mississippi Power Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Mississippi: $401KUniversity of Mississippi$401KUnited Way of South Mississippi: $296KUnited Way of SouthMississippi$296KMississippi State University Foundation: $250KMississippi State UniversityFoundation$250KUnited Way of East Mississippi: $130KUnited Way of East Mississippi$130KMississippi Aquarium: $125KMississippi Aquarium$125KOpen Doors Homeless Coalition: $80KOpen Doors Homeless Coalition$80KMississippi State University: $52KMississippi State University$52KHancock County Community Development Foundation: $50KHancock County CommunityDevelopment Foundation$50KMain Street Pascagoula: $50KMain Street Pascagoula$50KMeridian Restoration Foundation Inc: $50KMeridian RestorationFoundation Inc$50K

The largest 2025 recipient was University of Mississippi ($401K). Together the top 10 received $1.5M.

Organizations only. It also paid 1 individual scholarship ($12,500), which are not listed by name.

Grant Size Distribution

405 grants across all recorded years

351<$50K33$50–100K15$100–250K5$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 351 grants of 405 (87%).

Geographic Focus

Where this funder awards grants

The foundation’s 2025 grant dollars were distributed primarily to Mississippi recipients: 93% went to Mississippi, 3% to Maine, 2% to New York, and 1% each to Ohio and Massachusetts. Mississippi Power’s website describes the company’s service area as 23 southeast Mississippi counties; a 2025 bill-assistance announcement said customers in that territory could apply for assistance through the named United Way partners.

Grant Distribution by State

16states

Share of 2025 grant dollars across all 75 itemized grants.

Cities

GulfportMeridianHattiesburgBiloxiJacksonPascagoulaMadisonLaurelBay St LouisVancleavePoplarvilleOcean SpringsNew YorkPicayunePetalAuburnColumbusComoMoss PointPass Christian

Is Mississippi Power Foundation Inc open to new grantees?

42%

first-time grantees, 2025

In 2025, 30 of 72 grantees (42%) were first-time recipients. First grants averaged $13K; repeat grants $32K. How we count

Medians: $5K first-time, $10K repeat.

  • 38% of 2025 grantees were also funded in 2024. Method
  • Giving grew 67% from 2022 to 2025. Method
  • In 2025 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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$1M$2M$3M$4M89 grants2020 78 grants2021 83 grants2022 97 grants2023 72 grants2024 75 grants2025

From 2020 to 2025, annual grant giving ranged from $1.2M (2020) to $3.4M (2024). In 2025 it made 75 grants totaling $2.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Mississippi Oxford, MSContribution for the new Patterson School of Accountancy$400,500
United Way of South Mississippi Gulfport, MS2025 Matching Gift Program Project Share Infusion Paymentto assist qualifying customers for assistance with their electric bills$295,969
Mississippi State University Foundation Mississippi State, MSAnthony and Tonya Wilson Endowed Fund for Bully's Pantry$250,000
United Way of East Mississippi Meridian, MSMatching Gift Program. Project Share Infusion Payment to assit qualifying customers for assistance with their electric bills$130,096
Mississippi Aquarium Gulfport, MSIncrease aquarium traffic during customer appreciation$125,000
Open Doors Homeless Coalition Gulfport, MSStart up expense for 80 families who have received free housing through grant$80,000
Mississippi State University MS State, MS2025 Education Match Program$51,600
Hancock County Community Development Foundation Saint Louis, MSSmall Business Grants$50,000
Main Street Pascagoula Pascagoula, MSFacade grant for small business improvements around the Amtrax Station$50,000
Meridian Restoration Foundation Inc Meridian, MSPhase II of the Merrehope Home Restoration Project$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$65,135,676$17,292,636$2,789,773$2,199,51575$2,459,992$2,896,223$2,823,959
2024$46,280,081$4,140,815$3,870,887$3,377,61772$3,610,933$1,117,929$2,210,003
2023$41,453,906$4,285,011$2,785,962$2,143,93197$2,533,249$921,653$1,951,187
2022$36,357,553$-474,889$1,743,558$1,316,47783$1,467,192$824,240$1,914,170
2021$44,074,843$12,539,799$1,806,155$1,364,83778$1,565,789$4,606,411$1,940,230
2020$33,667,545$2,045,191$1,636,638$1,232,30389—$1,878,936$1,519,787

Under IRS private-foundation payout rules, Mississippi Power Foundation Inc reported a distributable amount of $2.8M for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation’s website identifies education, community relations, economic development and environmental efforts as focus areas for its giving strategy.

The 2025 grants illustrate support for a range of organizations and projects. For example, the University of Mississippi received a contribution for its new Patterson School of Accountancy. United Way of South Mississippi and United Way of East Mississippi received funding for customer electric-bill assistance. Mississippi State University Foundation received support for an endowed fund for Bully’s Pantry, while Open Doors Homeless Coalition received startup funding for families receiving free housing.

The grantees describe their own missions in varied terms. The University of Mississippi says its mission includes acquiring, constructing, maintaining and improving university facilities. Open Doors Homeless Coalition describes itself as a South Mississippi collaborative initiative to build solutions to homelessness through improved service delivery, outreach and advocacy. Main Street Pascagoula describes its work as economic development that supports entrepreneurship, community capacity and partnerships.

Grantmaking

In filing year 2025, the foundation made 75 grants totaling $2,199,515. Grants ranged from $400 to $400,500, with a median award of $10,000.

Among the largest reported grants were $400,500 to the University of Mississippi for the new Patterson School of Accountancy; $295,969 to United Way of South Mississippi for a Matching Gift Program Project Share infusion payment to assist qualifying customers with electric bills; and $250,000 to Mississippi State University Foundation for the Anthony and Tonya Wilson Endowed Fund for Bully’s Pantry. Other awards included $130,096 to United Way of East Mississippi for customer electric-bill assistance, $125,000 to Mississippi Aquarium to increase aquarium traffic during customer appreciation, and $80,000 to Open Doors Homeless Coalition for startup expenses for 80 families receiving free housing.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Giff Ormes as president; Shawn Shurden as secretary; Matt Grice as treasurer; Steven Dick as executive director; Janice Dixon as a non-voting member; and Michael Smith, Brady Powers and Fran Forehand as members at large.

Mississippi Power Foundation Inc is led by Steven Dick, Executive Director on filings since 2021; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Steven Dick

    Executive Director

    On filings since 2021

    $40K (2021) → $0 (2025)

  • Giff Ormes

    President

    On filings since 2024

    No compensation reported

  • Janice Dixon

    Member - Non Voting

    On filings since 2021

    $83K (2021) → $0 (2025)

  • Fran Forehand

    Member at Large

    Board Member → Member at Large, 2025

    On filings since 2020

    No compensation reported

  • Matt Grice

    Treasurer

    Member - Non Voting → Treasurer, 2023

    On filings since 2021

    No compensation reported

  • Shawn Shurden

    Secretary

    On filings since 2022

    No compensation reported

  • Brady Powers

    Member at Large

    New on the 2025 filing

    No compensation reported

  • Michael Smith

    Member at Large

    New on the 2025 filing

    No compensation reported

Former officers (10)
  • Former: Fe Strickland (2020–2024) — Member - Non Voting
  • Former: Tommy Murphy (2021–2024) — Board Member
  • Former: Pascal Gill (2023–2024) — Member - Non Voting
  • Former: Cindy Duvall (2024) — Executive Director
  • Former: Billy Thornton (2020–2023) — President
  • Former: Stephen Stiglets (2021–2023) — Executive Director
  • Former: Moses Feagin (2020–2022) — Treasurer
  • Former: Jeff Stone (2020–2021) — Secretary
  • Former: Jennifer Walker (2020–2021) — Member - Non Voting
  • Former: L. Paul Bradford (2020–2021) — Executive Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2021 IRS filing

Janice Dixon — Member - Non Voting; Part Year: $83KJanice DixonMember - Non Voting; Part Year$83KMr L Paul Bradford — Executive Director; Part Year: $57KMr L Paul BradfordExecutive Director; Part Year$57KMr Steven Dick — Executive Director; Part Year: $40KMr Steven DickExecutive Director; Part Year$40KJennifer Walker — Member - Non Voting; Part Year: $22KJennifer WalkerMember - Non Voting; Part Year$22K

The highest reported compensation on the 2021 filing was $83K, to Janice Dixon (Member - Non Voting; Part Year). 4 officers or directors reported compensation on that filing.

Frequently asked questions about Mississippi Power Foundation Inc

How much does Mississippi Power Foundation Inc give each year?

Mississippi Power Foundation Inc gave $2.2M across 75 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.4M across 72 grants.

What is Mississippi Power Foundation Inc's typical grant size?

Mississippi Power Foundation Inc's median grant in 2025 was $10,000, and its average grant was $29,327, across 75 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Mississippi Power Foundation Inc that year got $13K on average.

Where does Mississippi Power Foundation Inc give grants?

Mississippi Power Foundation Inc gives mostly in Mississippi: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Gulfport, MS (12 grants), Meridian, MS (7 grants), Jackson, MS (6 grants) and Biloxi, MS (4 grants).

Does Mississippi Power Foundation Inc give general operating support?

Not in 2025: none of the 75 grants with a stated purpose on Mississippi Power Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "2025 Environmental Grant" (15 grants), "Community Connection Chapter Yearly Infusion" (5 grants) and "2025 Matching Gift Program" (4 grants).

Who are Mississippi Power Foundation Inc's largest grantees?

Mississippi Power Foundation Inc's largest 2025 grantees include University of Mississippi ($400,500), United Way of South Mississippi ($295,969) and Mississippi State University Foundation ($250,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($12,500), which are not listed by name. Together they received 43% of its itemized 2025 grant dollars.

How large is Mississippi Power Foundation Inc?

Mississippi Power Foundation Inc reported $65.1M in total assets on its 2025 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $2.8M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Mississippi Power Foundation Inc fund?

The foundation’s website identifies education, community relations, economic development and environmental efforts as focus areas for its giving strategy. See mission & focus areas ↑

How do I apply for a grant from Mississippi Power Foundation Inc?

The foundation’s filing lists Janice L. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Mississippi Power Foundation Inc's EIN?

Mississippi Power Foundation Inc's EIN (Employer Identification Number) is 72-1370746. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 18, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Mississippi Power Foundation Inc funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/mississippi-power-foundation-inc-morg_410f0e3d83614e38927e988a0ad13f80

BibTeX
@misc{grantable_721370746_2026,
  author       = {{Grantable}},
  title        = {{Mississippi Power Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/mississippi-power-foundation-inc-morg_410f0e3d83614e38927e988a0ad13f80},
  note         = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Mississippi Power 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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