The Progress Foundation

Foundation · Grantmaker Meridian, MS EIN: 64-6218129

The Progress Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Meridian, MS. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2K in total assets. In 2025, it awarded 1 grant totaling $1K.

Key facts about The Progress Foundation

In short: The Progress Foundation gave $1K across 1 grant in 2025 (avg $1K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.

EIN
64-6218129
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,000
Grants made (2025)
1
Average grant
$1,000
Median grant
$1,000
Total assets
$1,875
Primary geography
Mississippi (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2K

-43.2% YoY

Annual Giving

$1K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1K

+0.0% YoY

Under IRS private-foundation payout rules, The Progress Foundation reported a distributable amount of $127 for 2025 — the minimum it must pay out in qualifying distributions.

How The Progress Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Meridian

Giving Over Time

Total grant dollars and number of grants per year

$0$250$500$750$1K1 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Meridian Community College Foundation: $1KMeridian Community CollegeFoundation$1K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MERIDIAN COMMUNITY COLLEGE FOUNDATION Meridian, MSEDUCATION$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500$1K$1.5K$2K20212022202320242025
Metric202520242023
Total Assets$1,875$3,300$4,805
Revenue——$1
Expenses$1,425$1,505$1,486
Qualifying Distributions$1,425$1,505$1,486
Net Investment Income——$1
Distributable Amount$127$200$273

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The Progress Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Elizabeth K. Graham

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Teresa K. Childers

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Maurice Kahlmus

    Treasurer

    On filings since 2021

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Progress Foundation

How much does The Progress Foundation give each year?

The Progress Foundation gave $1K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1K across 1 grant.

How large is The Progress Foundation?

The Progress Foundation reported $2K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $127 (roughly 5% of its investment assets).

What is The Progress Foundation?

The Progress Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Meridian, MS. It holds $2K in total assets as of 2025.

Where does The Progress Foundation operate?

The Progress Foundation has awarded grants in Mississippi.

What is The Progress Foundation's EIN?

The Progress Foundation's EIN (Employer Identification Number) is 64-6218129. IRS Form 990 filing data is available on this page for 2021–2025.

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

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