The Joseph C Bancroft Charitable and Educational Fund

Public charity · Grantmaker McComb, MS EIN: 58-2340181

To support its specified publicly supported section 501(c)(3) beneficiary, the croft institute for international studies, and other charitable and educational section 501(c)(3) organizations which support and further the exempt charitable and educational purposes of the croft institute.

Key facts about The Joseph C Bancroft Charitable and Educational Fund

In short: The Joseph C Bancroft Charitable and Educational Fund gave $1.9M across 3 grants in 2024 (avg $635K), mostly in Mississippi. Source: 2024 IRS Form 990.

EIN
58-2340181
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$1,905,131
Grants made (2024)
3
Average grant
$635,044
Median grant
$500,000
Total assets
$203,994,196
Primary geography
Mississippi (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$204.0M

+1.5% YoY

Annual Giving

$1.9M

+35.5% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$635K

-9.6% YoY

How The Joseph C Bancroft Charitable and Educational Fund gives

  • Giving grew 82% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Joseph C Bancroft Charitable and Educational Fund

Based on IRS filings

The Joseph C Bancroft Charitable and Educational Fund is a public charity, based in McComb, MS. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $204.0M in total assets. In 2024, it awarded 3 grants totaling $1.9M. Net investment income was $6.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

UniversityJackson

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M2 grants2019 2 grants2020 1 grant2021 2 grants2022 2 grants2023 3 grants2024

From 2019 to 2024, annual grant giving ranged from $1.0M (2021) to $1.9M (2024). In 2024 it made 3 grants totaling $1.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Croft Institute for International Studies: $1.2MCroft Institute forInternational Studies$1.2MUniversity of Mississippi Medical Center: $500KUniversity of MississippiMedical Center$500KUniversity of Mississippi School of Accounting: $250KUniversity of MississippiSchool of Accounting$250K

The largest 2024 recipient was Croft Institute for International Studies ($1.2M). Together the top 3 received $1.9M.

Grant Size Distribution

10 grants across all recorded years

<$50K$50–100K$100–250K4$250–500K1$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Croft Institute for International Studies University, MSOperational Support$1,155,131
University of Mississippi Medical Center Jackson, MSOperational Support$500,000
University of Mississippi School of Accounting University, MSOperational Support$250,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2.5M$5M$7.5M$10M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$203,994,196$200,978,348$193,902,263
Revenue$6,800,837$6,161,473$6,181,563
Expenses$7,811,542$4,781,533$4,434,870
Net Investment Income$6,544,528$5,940,005$5,954,541

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 20, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS October 27, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 4, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Joseph C Bancroft Charitable and Educational Fund is led by Gerald M. Abdalla, President & Director on every filing since 2019; all 4 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Gerald M. Abdalla

    President & Director

    On filings since 2019

    50 hrs/week

    $130K (2019) → $145K (2024)

  • Gerald M. Abdalla Jr.

    Director

    On filings since 2019

    50 hrs/week

    $205K (2019) → $283K (2024)

  • Robert M. Bird

    Director

    On filings since 2019

    30 hrs/week

    $130K (2019) → $145K (2024)

  • Tom A. Abdalla

    Director, Secretary & Treasurer

    On filings since 2019

    60 hrs/week

    $130K (2019) → $145K (2024)

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Gerald M Abdalla Jr — Director: $283KGerald M Abdalla JrDirector$283KRobert M Bird — Director: $145KRobert M BirdDirector$145KTom a Abdalla — Director, Sec & Treas: $145KTom a AbdallaDirector, Sec & Treas$145KGerald M Abdalla — President, Director: $145KGerald M AbdallaPresident, Director$145K

The highest reported compensation on the 2024 filing was $283K, to Gerald M Abdalla Jr (Director). 4 officers or directors reported compensation on that filing.

Frequently asked questions about The Joseph C Bancroft Charitable and Educational Fund

How much does The Joseph C Bancroft Charitable and Educational Fund give each year?

The Joseph C Bancroft Charitable and Educational Fund gave $1.9M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.4M across 2 grants.

What is The Joseph C Bancroft Charitable and Educational Fund's typical grant size?

The Joseph C Bancroft Charitable and Educational Fund's median grant in 2024 was $500,000, and its average grant was $635,044, across 3 grants on its 2024 IRS Form 990.

Where does The Joseph C Bancroft Charitable and Educational Fund give grants?

The Joseph C Bancroft Charitable and Educational Fund gives mostly in Mississippi: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were University, MS (2 grants).

Does The Joseph C Bancroft Charitable and Educational Fund give general operating support?

Yes: 100% of The Joseph C Bancroft Charitable and Educational Fund's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990.

How large is The Joseph C Bancroft Charitable and Educational Fund?

The Joseph C Bancroft Charitable and Educational Fund reported $204.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.8M.

What is The Joseph C Bancroft Charitable and Educational Fund's EIN?

The Joseph C Bancroft Charitable and Educational Fund's EIN (Employer Identification Number) is 58-2340181. IRS Form 990 filing data is available on this page for 2019–2024.

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

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