The Dick Molpus Foundation
The Sally and Dick Molpus Foundation is a private grantmaking foundation established in 2007 and based in Ridgeland, Mississippi. It operates as a 501(c)(3) organization and is classified as a private grantmaking foundation under the National Taxonomy of Exempt Entities (NTEE).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-27.3% YoY
Annual Giving
$726K
-15.3% YoY
Grant Count
12
-33.3% YoY
Avg Grant Size
$61K
+27.1% YoY
Under IRS private-foundation payout rules, The Dick Molpus Foundation reported a distributable amount of $117K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with primary geographic concentration in Mississippi, Texas, and Louisiana.
Grantmaking
Grant Range
s & Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Mississippi, Texas, and Louisiana.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $2,772,081
- Total Revenue: $2,880,000
- Total Expenses: $908,000
- Total Liabilities: $206,000
- Total Giving: $856,750
Tax Status:
- Tax-exempt since August 2008
- EIN: 26-0594821
- Required to file IRS Form 990-PF
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,014,969 | $2,772,081 | $1,637,415 |
| Revenue | $131,620 | $2,876,199 | $999,627 |
| Expenses | $829,816 | $907,894 | $619,237 |
| Qualifying Distributions | $726,000 | $856,750 | $577,950 |
| Net Investment Income | $124,732 | $55,101 | $68,260 |
| Distributable Amount | $117,149 | $74,074 | $88,869 |
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
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Msu Foundation ($300,000), National Parents for Public Schools ($192,500), The Parents Campaign - Research & Education ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 2ND CHANCE MS INC OXFORD, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $5,000 |
| ANIMAL RESCUE FUND OF MS JACKSON, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $2,500 |
| COMMUNITY FOUNDATION FOR MISSISSIPPI JACKSON, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $60,000 |
| LEGACY EDUCATION & COMMUNITY EMP FOREST, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $20,000 |
| MCCLEAN FLETCHER CENTER JACKSON, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $2,000 |
| MSU FOUNDATION MISSISSIPPI STATE, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $300,000 |
| NATIONAL PARENTS FOR PUBLIC SCHOOLS JACKSON, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $192,500 |
| NATURE CONSERVANCY IN MS JACKSON, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $1,500 |
| REMO'S RESCUE CARTHAGE, MS | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $2,500 |
| THE 18TH WARD NEW ORLEANS, LA | CONTRIBUTE TO ORGANIZATION'S EXEMPT PURPOSE | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Dick Molpus — Founder and retired chairman of The Molpus Woodlands Group. Molpus is a 1971 University of Mississippi business administration graduate from Philadelphia, Mississippi. He previously served as Mississippi's Secretary of State (1983-1991) and as executive director of the Governor's Office of Federal-State Programs under Governor William F. Winter. He was recognized as Mississippi's Public Administrator of the Year in 1983 and was among the gubernatorial staff members instrumental in the passage of Governor Winter's Education Reform Act of 1982.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD H MOLPUS JR | PRESIDENT | 1 | — |
| TYLER ROSAMOND | VICE PRESIDENT | 1 | — |
| TERRELL E WINSTEAD | SECRETARY | 1 | — |
| PAM STEVERSON | TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
Parents for Public Schools received a $550,000 grant from Dick Molpus, the organization's founder.
Parents for Public Schools\xAE Receives $550,000 grant from organization\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Dick Molpus Foundation fund?
The foundation has not publicly provided a formal mission statement. However, its grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with primary geographic concentration in Mississippi, Texas, and Louisiana.
How do I apply for a grant from The Dick Molpus Foundation?
**Grant Sizes & Activity:** • Typical grant awards range from $200,000 to $300,000 • Total giving in 2023: $856,750 • The foundation has made recent grants, including a $550,000 grant to Parents for Public Schools from founder Dick Molpus **Financial Capacity:** • Total assets (2023): $2,772,081 • Total liabilities (2023): $206,000
Where does The Dick Molpus Foundation make grants?
The foundation primarily funds organizations in Mississippi, Texas, and Louisiana.
What size grants does The Dick Molpus Foundation award?
In 2024, The Dick Molpus Foundation awarded 12 grants totaling $726K — an average of about $61K per grant, based on its IRS Form 990 filings.
How much is The Dick Molpus Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Dick Molpus Foundation reported a distributable amount of $117K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Dick Molpus Foundation's EIN?
The Dick Molpus Foundation's EIN (Employer Identification Number) is 26-0594821. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Dick Molpus Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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