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 grants totaling $1K.
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.
About The Progress Foundation
Based on IRS filings
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 grants totaling $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Meridian Community College Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MERIDIAN COMMUNITY COLLEGE FOUNDATION MERIDIAN, MS | EDUCATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERESA K CHILDERS | TRUSTEE | 2 | — |
| ELIZABETH K GRAHAM | TRUSTEE | 2 | — |
| MAURICE KAHLMUS | TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is The Progress Foundation?
As of 2025, The Progress Foundation holds $2K in total assets. It awarded 1 grants totaling $1K in 2025.
Where does The Progress Foundation operate?
The Progress Foundation has awarded grants in Mississippi.
What size grants does The Progress Foundation award?
In 2025, The Progress Foundation awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Progress Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Progress Foundation reported a distributable amount of $127 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Progress Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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