Asbury Foundation of Hattiesburg Inc

EIN 640692161

Hattiesburg, MS 39404 |(601) 296-3555

https://WWW.ASBURYFOUNDATIONOFHATTIESBURG.COM
Total Given 2016–2024
$42.5M
119 grants · $4.7M avg/year
based on 9 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$90K
typical mid grants · $31K–$200K
grant size
52%
supporter · 24/46 multi-year
repeat
$44K
Assets (2023)
46
Distinct Recipients

About

THE BOARD OF DIRECTORS OF ASBURY FOUNDATION OF HATTIESBURG, INC., AT THEIR REGULAR MONTHLY MEETING ON JUNE 20, 2023, DECIDED TO BEGIN THE PROCESS OF CLOSING THE FOUNDATION AND LIQUIDATING ALL ASSETS BY YEAR-END OR AS ADMINISTRATIVELY FEASIBLE THEREAFTER. IN THIS PROCESS AND CONSISTENT WITH THEIR MISSION TO PROVIDE GRANTS WITH AN EMPHASIS ON FUNDING NON-PROFIT ORGANIZATIONS PROVIDING NURSING AND HEALTHCARE EDUCATION AND SUPPORT DID DISBURSE THE MAJORITY OF THEIR ASSETS BY YEAR-END IN 2023. A RESERVE AMOUNT OF $10,218 WAS RETAINED TO COVER ANY UNEXPECTED EXPENSES INCLUDING ANY FEDERAL EXCISE TAX LIABILITY FOR THE YEAR 2023. IN FACT, AFTER COMPLETION OF THE 2023 IRS FORM 990-PF, A RESULTING OVERPAYMENT OF $33,760 WAS CALCULATED. ALL REMAINING CASH INCLUDING REFUNDS NET BANK FEES WERE PAID OUT IN THE FORM OF GRANT EXPENSES DURING 2024.

Focus Areas

Education Health Human Services Youth Development Religion

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person WILLIAM K RAY
Phone (601) 296-3555
Deadlines MAY 31, AUGUST 31, OCTOBER 31, OR MARCH 31.
How to Apply A BOUND APPLICATION MUST BE PRESENTED TO INCLUDE A COPY OF THE ORGANIZATION'S 501(C)3, BUDGETS, COMPLETED FINANCIAL INFORMATION, AND A COMPLETED GRANT APPLICATION.
Restrictions APPLICANTS MUST BE RECOGNIZED BY THE IRS AS 501(C)3 ORGANIZATIONS OR MUST BE UNITS OF GOVERNMENT SERVING IN THE FOLLOWING COUNTIES: LAMAR, FORREST, MARION, PERRY, JONES, COVINGTON, PEARL RIVER, AND JEFFERSON DAVIS.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $2.2M $32.3M $2.1M 18
2017 $2.2M $33.8M $2.5M 14
2018 $1.9M $29.7M $3.9M 14
2019 N/A $32.9M $1.4M N/A
2020 $2.1M $34.7M $1.7M 16
2021 $3.1M $35.0M $3.7M 20
2022 $1.7M $27.8M $756K 13
2023 $29.2M $44K $2.3M 23
2024 $873 $0 $873 1

Grant Size Distribution

Based on 119 grants on record

Minimum
$873
25th Pctl
$31K
Median
$90K
Average
$357K
75th Pctl
$200K
Maximum
$8.0M

Geographic Distribution

Officers & Directors

Grants Awarded (119 total)

Purpose
William Carey University Foundation Hattiesburg, MS $8,000,000 ASBURY ENDOWED SCHOLARSHIP AND COLLEGE OF HEALTH 2023
Jones County Junior College Foundation Ellisvile, MS $6,378,537 ASBURY ENDOWED SCHOLARSHIP 2023
Pearl River Community College Poplarville, MS $6,000,000 ASBURY ENDOWED SCHOLARSHIP 2023
University of Southern Mississippi Hattiesburg, MS $6,000,000 ASBURY ENDOWED SCHOLARSHIP 2023
William Carey University Hattiesburg, MS $1,000,000 PRIVATE FOUNDATION 2017
William Carey University Hattiesburg, MS $700,000 GRANT FOR COLLEGE OF HEALTH SCIENCE BUILDING, SCHOLARSHIP 2020
William Carey University Hattiesburg, MS $700,000 GRANT FOR COLLEGE OF HEALTH SCIENCE BUILDING, SCHOLARSHIP 2021
University of Southern Mississippi Hattiesburg, MS $650,000 EDUCATION 2017
University of Southern Mississippi Hattiesburg, MS $570,000 EDUCATION 2016
University of Southern Mississippi Foundation Hattiesburg, MS $560,900 EDUCATION 2018
William Carey University Hattiesburg, MS $500,000 GRANT FOR COLLEGE OF HEALTH SCIENCE BUILDING, SCHOLARSHIP 2022
William Carey University Hattiesburg, MS $500,000 PRIVATE FOUNDATION 2018
Fellowship of Christian Athletes Ridgeland, MS $330,000 UNRESTRICTED 2023
Homes of Hope for Children Purvis, MS $325,000 GRANT FOR BUILDING OF THE DIRECTOR HOME 2021
Edwards Street Mission Hattiesburg, MS $325,000 HOLIDAY FEEDING PROGRAM 2018
Christian Services of America Hattiesburg, MS $300,000 FOOD PANTRY PROGRAM 2022
Christian Services of America Hattiesburg, MS $275,000 FOOD PANTRY PROGRAM 2023
Edwards Street Mission Hattiesburg, MS $275,000 FOOD PANTRY PROGRAM 2023
Extra Table Inc Hattiesburg, MS $275,000 FOOD PANTRY AND SOUP KITCHENS 2023
Dynamic Dyslexia Design School Petal, MS $250,000 SCHOOL CONSTRUCTION 2021
William Carey Nursing Hattiesburg, MS $250,000 PRIVATE FOUNDATION 2016
Mount Olive Ministries Mt Olive, MS $240,700 MOM'S KID ZONE GRANT 2023
University of Southern Mississippi Wesley Foundation Hattiesburg, MS $240,000 UNRESTRICTED 2023
Homes of Hope for Children Hattiesburg, MS $238,000 SUPPORT FOR CHILDRENS' HOME 2016
Abbie Rogers Civitian Camp Endowment Fund Hattiesburg, MS $231,359 TORNADO RESTORATION AND IMPROVEMENTS AT CAMP ITI KANA. 2022