Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
MISSISSIPPI POWER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 4079
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GULFPORT, MS39502
A Employer identification number

72-1370746
B Telephone number (see instructions)

(228) 864-1211
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$16,222,065
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 343,941 343,941  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 863,101
b Gross sales price for all assets on line 6a 11,256,626
7 Capital gain net income (from Part IV, line 2)... 863,101
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,207,042 1,207,042 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 142,361 56,944 0 85,416
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 20,023 10,011 0 10,012
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 20,149 20,149 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,284 8,284 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 200,294 149,004 0 51,291
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 391,111 244,392 0 146,719
25 Contributions, gifts, grants paid....... 1,565,880 1,565,880
26 Total expenses and disbursements. Add lines 24 and 25 1,956,991 244,392 0 1,712,599
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -749,949
b Net investment income (if negative, enter -0-) 962,650
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 132,735 60,881 60,881
2 Savings and temporary cash investments......... 282,923 222,117 222,117
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 2,465,224 Click to see attachment2,184,151 2,184,151
b Investments—corporate stock (attach schedule)....... 12,582,772 Click to see attachment10,791,597 10,791,597
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,067,319 Click to see attachment2,916,565 2,916,565
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment49,718 Click to see attachment46,754 Click to see attachment46,754
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,580,691 16,222,065 16,222,065
Liabilities 17 Accounts payable and accrued expenses.......... 58,621  
18 Grants payable.................. 910,000 700,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 968,621 700,000
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 17,612,070 15,522,065
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 17,612,070 15,522,065
31 Total liabilities and net assets/fund balances (see instructions). 18,580,691 16,222,065
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
17,612,070
2
Enter amount from Part I, line 27a .....................
2
-749,949
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
146,760
4
Add lines 1, 2, and 3 ..........................
4
17,008,881
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,486,816
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
15,522,065
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a HANCOCK BANK TRUST & ASSET MANAGEMENT ACCT P 2014-01-01 2015-12-31
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 11,256,626   10,393,525 863,101
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69
(k) Excess of col. (i)
over col. (j), if any
a       863,101
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 863,101
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 1,248,082 18,567,919 0.067217
2013 905,895 17,964,292 0.050428
2012 2,311,821 17,563,660 0.131625
2011 943,430 8,698,415 0.108460
2010 866,344 8,399,170 0.103146
2
Total of line 1, column (d) .....................
20.460876
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.092175
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
17,054,695
5
Multiply line 4 by line 3......................
5
1,572,017
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,627
7
Add lines 5 and 6........................
7
1,581,644
8
Enter qualifying distributions from Part XII, line 4.............
8
1,712,599
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 9,627
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 9,627
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,627
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 27,320
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,320
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 17,693
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet9,640 RefundedBullet 11 8,053
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMS
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMR RODGER MEINZINGER Telephone no.bullet (228) 865-5925

    Located atbulletPO BOX 4079GULFPORTMS ZIP+4bullet39502
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    NICOLE FAULK BOARD MEMBER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    ANTHONY WILSON BOARD MEMBER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    AMOI GETER BOARD MEMBER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    JOHN ATHERTON PRESIDENT
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    RODGER MEINZINGER EXECUTIVE DIRECTOR
    64.00
    142,361 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    MOSES FEAGIN TREASURER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    VICKI PIERCE ASST TREASURER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    CINDY WEBB SECRETARY
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    ALLEN REAVES BOARD MEMBER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    CINDY SHAW BOARD MEMBER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    BILLY THORNTON BOARD MEMBER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,052,778
    b
    Average of monthly cash balances.......................
    1b
    261,633
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,314,411
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    17,314,411
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    259,716
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,054,695
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    852,735
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    852,735
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    9,627
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,627
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    843,108
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    843,108
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    843,108
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,712,599
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,712,599
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    9,627
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,702,972
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2014
    (c)
    2014
    (d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 843,108
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 447,788
    b From 2011...... 518,070
    c From 2012...... 1,448,198
    d From 2013...... 38,003
    e From 2014...... 347,005
    fTotal of lines 3a through e........ 2,799,064
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,712,599
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2015 distributable amount..... 843,108
    e Remaining amount distributed out of corpus 869,491
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,668,555
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    447,788
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    3,220,767
    10 Analysis of line 9:
    a Excess from 2011.... 518,070
    b Excess from 2012.... 1,448,198
    c Excess from 2013.... 38,003
    d Excess from 2014.... 347,005
    e Excess from 2015.... 869,491
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RODGER MEINZINGER
    PO BOX 4079
    GULFPORT,MS39502
    (228) 865-5925
    bThe form in which applications should be submitted and information and materials they should include:
    SAME FORM AS USED AND SUBMITTED WITH PRIOR YEAR'S FORM 990-PF.
    cAny submission deadlines:
    NO SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS CANNOT BE GRANTED TO AN ORGANIZATION THAT IS NOT EITHER A TAX-EXEMPT ENTITY UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) OR A GOVERNMENT ENTITY. THE FUNDS CANNOT BE USED TO CARRY ON PROPAGANDA OR OTHERWISE ATTEMPT TO INFLUENCE LEGISLATION, TO INFLUENCE THE OUTCOME OF ANY SPECIFIC PUBLIC ELECTION OR TO CONDUCT, EITHER DIRECTLY OR INDIRECTLY, ANY VOTER REGISTRATION DRIVE, TO FUND A GRANT TO AN INDIVIDUAL, TO PURCHASE ELECTRIC APPLIANCES, INSTALL ATHLETIC FIELD LIGHTING, OR TO FUND ANY OTHER SIMILAR ACTIVITY WHICH WOULD PRODUCE A TANGIBLE ECONOMIC BENEFIT TO MISSISSIPPI POWER COMPANY, NOR CAN THE MISSISSIPPI POWER COMPANY OR MISSISSIPP POWER FOUNDATION RECIEVE TICKETS, A TABLE AT A BANQUET, OR ANY OTHER ITEM OF VALUE AS A RESULT OF THE CONTRIBUTION.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    4-H CLUB FOUNDATION OF MS
    PO BOX 9601
    MISSISSIPPI STATE,MS39762
        DONATION 3,000
    ALCORN STATE UNIVERSITY FOUNDATION
    1000 ASU DRIVE
    LORMAN,MS39096
        DONATION - MERIDIAN ALUMNI CHAPTER SCHOLARSHIP COMMITTEE SUPPORT 1,000
    AMERICAN ASSOCIATION OF BLACKS IN ENERGY
    PO BOX 851675
    MOBILE,AL36685
        DONATION 12,500
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
        DONATION 200
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
        DONATION - RELAY FOR LIFE 5,000
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
        DONATION - SMITH COUNTY RELAY FOR LIFE 250
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
        DONATION - FORREST COUNTY RELAY FOR LIFE 250
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
        DONATION - CLARKE COUNTY RELAY FOR LIFE 250
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
        DONATION - HARRISON COUNTY RELAY FOR LIFE 10,000
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
        DONATION - NEWTON COUNTY RELAY FOR LIFE 500
    AMERICAN HEART ASSOCIATION
    PO BOX 8272
    GULFPORT,MS39506
        DONATION 200
    AMERICAN HEART ASSOCIATION
    PO BOX 8272
    GULFPORT,MS39506
        DONATION - JACKSON COUNTY HEART BALL 1,500
    AMERICAN HEART ASSOCIATION
    PO BOX 8272
    GULFPORT,MS39506
        DONATION - HEART WALK-JONES COUNTY 1,500
    AMERICAN HEART ASSOCIATION
    PO BOX 8272
    GULFPORT,MS39506
        DONATION - GULF COAST & JACKSON COUNTY WALKS 10,000
    AMERICAN HEART ASSOCIATION
    PO BOX 8272
    GULFPORT,MS39506
        DONATION 1,500
    ASSOCIATION FOR EXCELLENCE IN EDUCATION
    415 N MAGNOLIA ST
    LAUREL,MS39440
        DONATION 500
    BACOTMCCARTY FOUNDATION
    PO BOX 1442
    PASCAGOULA,MS395681442
        DONATION 1,500
    BILOXI FIRST INC
    PO BOX 982
    BILOXI,MS39533
        DONATION - TEACHER SUPPORT PROGRAM 500
    BOY SCOUTS OF AMERICA
    1318 HARDY STREET
    HATTIESBURG,MS39401
        DONATION - EAGLE CLUB 3,000
    BOYS AND GIRLS CLUB OF EAST MISSISSIPPI
    PO BOX 4202
    MERIDIAN,MS39304
        DONATION - CELEBRATION OF EXCELLENCE 200
    BOYS AND GIRLS CLUBS OF THE GULF COAST
    11975-B SEAWAY ROAD
    GULFPORT,MS39503
        DONATION - FOREST HEIGHTS CENTER PROJECT 2,000
    BOYS AND GIRLS CLUBS OF THE GULF COAST
    11975-B SEAWAY ROAD
    GULFPORT,MS39503
        DONATION 5,000
    CARE LODGE DOMESTIC VIOLENCE SHELTER INC
    PO BOX 5331
    MERIDIAN,MS39302
        DONATION 400
    CASA OF HARRISON COUNTY
    47 MAPLES DR
    GULFPORT,MS39507
        DONATION 2,500
    CITY OF BILOXI
    PO BOX 429
    BILOXI,MS39533
        DONATION - BILOXI SCHOOLS DESEGREGATION PROGRAM 500
    COMMUNITY FOUNDATION OF EAST MISSISSIPPI
    PO BOX 865
    MERIDIAN,MS393020865
        DONATION 1,500
    DELTA WATERFOWL FOUNDATION
    PO BOX 3128
    BISMARCK,ND58502
        DONATION - MO DUCKS CHAPTER 500
    DISTINGUISHED YOUNG WOMEN - MISSISSIPPI
    751 GOVERNMENT STREET
    MOBILE,AL36602
        DONATION 125
    EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION
    1901 FRONT ST
    MERIDIAN,MS39301
        DONATION - SUPPORT MISSISSIPPI SCHOLARS PROGRAM 500
    EAST MISSISSIPPI BUSINESS DEVELOPMENT FOUNDATION
    1901 FRONT ST
    MERIDIAN,MS39301
        DONATION - MUSIC FESTIVAL 3,000
    EAST MISSISSIPPI FOOTHILLS LAND TRUST
    PO BOX 1608
    MERIDIAN,MS39302
        DONATION 5,000
    EXCEL BY 5 INC
    140 ST JOHN AVENUE
    BILOXI,MS39530
        DONATION 10,000
    EXPLOSION OF EXCELLENCE
    720 KREBS AVENUE
    PASCAGOULA,MS39587
        DONATION - FOUNDER'S SCHOLARSHIP 1,000
    FIRST TEE OF PHOENIX
    3837 EAST WIER AVE SUITE 7
    PHOENIX,AZ85040
        DONATION 1,000
    FOUNDATION FOR EDUCATION & ECONOMIC DEVELOPMENT
    1012 N WEST ST
    JACKSON,MS39202
        DONATION 2,000
    GREATER BILOXI ECONOMIC DEVELOPMENT FOUNDATION
    1636 POPPS FERRY ROAD
    BILOXI,MS39532
        DONATION - INVESTOR CAMPAIGN 600
    GREATER PINEBELT COMMUNITY FOUNDATION
    1507 HARDY STREET SUITE 208
    HATTIESBURG,MS39401
        DONATION - HOPE FOR HEROES 1,000
    GREATER PINEBELT COMMUNITY FOUNDATION
    1507 HARDY STREET SUITE 208
    HATTIESBURG,MS39401
        DONATION - HOPE FOR HEROES 1,000
    GREATER PINEBELT COMMUNITY FOUNDATION
    1507 HARDY STREET SUITE 208
    HATTIESBURG,MS39401
        DONATION - DISASTER RELIEF-COLUMBIA STRONG 15,000
    GULF COAST COMMUNITY FOUNDATION
    PO BOX 6883
    GULFPORT,MS39502
        DONATION-CINEMA BY THE SHORE 3,000
    GULF COAST COMMUNITY FOUNDATION
    PO BOX 6883
    GULFPORT,MS39502
        DONATION 3,000
    GULFPORT HIGH SCHOOL
    100 PERRY ST
    GULFPORT,MS39507
        DONATION - ROBOTICS 2,000
    HABITAT FOR HUMANITY BAY-WAVELAND AREA INC
    414 HIGHWAY 90
    BAY ST LOUIS,MS39520
        DONATION 750
    HANCOCK COUNTY COMMUNITY DEVELOPMENT FOUNDATION
    112 COURT ST
    BAY ST LOUIS,MS39521
        DONATION 15,000
    HANCOCK COUNTY COMMUNITY DEVELOPMENT FOUNDATION
    113 COURT ST
    BAY ST LOUIS,MS39522
        DONATION - TEACHER APPRECIATION DINNER 1,000
    HANDS ON MISSISSIPPI
    11975 SEAWAY ROAD STE A228
    GULFPORT,MS39503
        DONATION - FOOD PROGRAM IN MERIDIAN 2,000
    HANDS ON MISSISSIPPI
    11975 SEAWAY ROAD STE A228
    GULFPORT,MS39503
        DONATION - FOOD DISTRIBUTION IN MERIDIAN 2,000
    HOPE VILLAGE FOR CHILDREN
    2202 24TH STREET
    MERIDIAN,MS39301
        DONATION-RUN FOR HOPE 1,500
    JIMMIE RODGERS FOUNDATION INC
    1725 JIMMIE RODGERS DRIVE
    MERIDIAN,MS39307
        DONATION 500
    JUNIOR AUXILIARY OF LAUREL MISSISSIPPI INC
    PO BOX 875
    LAUREL,MS394410875
        DONATION 350
    JUNIOR MISS DISTINGUISHED YOUNG WOMEN
    751 GOVERNMENT STREET
    MOBILE,AL36602
        DONATION 1,500
    JUNIOR MISS DISTINGUISHED YOUNG WOMEN
    751 GOVERNMENT STREET
    MOBILE,AL36602
        DONATION 1,000
    KEEP MISSISSIPPI BEAUTIFUL
    208 KEY DRIVE STE B
    MADISON,MS39110
        DONATION 2,500
    KEMPER COUNTY SCHOOL DISTRICT
    PO BOX 219
    DE KALB,MS39328
        DONATION - VO-TECH STEM EDUCATION & WORKFORCE DEVELOPMENT INITIATIVE 15,000
    LAND TRUST FOR THE MS COASTAL PLAIN
    PO BOX 245
    BILOXI,MS39533
        DONATION 10,000
    LAUDERDALE OUTREACH & VOLUNTEER EFFORT INC
    PO BOX 562
    MERIDIAN,MS39302
        DONATION - MAYOR'S CUP TOURNAMENT 250
    LAUREL JONES COUNTY BRANCH NAACP
    PO BOX 1587
    LAUREL,MS39440
        DONATION 1,000
    LYNN MEADOWS DISCOVERY CENTER
    246 DOLAN AVE
    GULFPORT,MS39507
        DONATION 5,000
    MAKE-A-WISH FOUNDATION OF MISSISSIPPI
    576 HIGHLAND COLONY PARKWAY 120
    RIDGELAND,MS39157
        DONATION - WALK FOR WISHES 500
    MARCH OF DIMES FOUNDATION
    PO DRAWER 6737
    GULFPORT,MS39506
        DONATION 1,000
    MARITIME & SEAFOOD INDUSTRY MUSEUM INC
    115 E 1ST ST
    BILOXI,MS39530
        DONATION - EDUCATIONAL OUTREACH 1,000
    MERIDIAN COMMUNITY COLLEGE FOUNDATION
    910 MISSISSIPPI 19
    MERIDIAN,MS39307
        DONATION - TUITION GUARANTEE 5,000
    MERIDIAN COUNCIL FOR THE ARTS
    PO BOX 1405
    MERIDIAN,MS39302
        DONATION - ART FOR MERIDIAN 500
    MERIDIAN COUNCIL FOR THE ARTS
    PO BOX 1405
    MERIDIAN,MS39302
        DONATION - ART FOR MERIDIAN 500
    MERIDIAN JUNIOR AUXILIARY INC
    PO BOX 3194
    MERIDIAN,MS39301
        DONATION 500
    MERIDIAN MAIN STREET FOUNDATION INC
    2120 5TH STREET
    MERIDIAN,MS39301
        DONATION 1,000
    MERIDIAN MAIN STREET FOUNDATION INC
    2120 5TH STREET
    MERIDIAN,MS39301
        DONATION 1,000
    MERIDIAN MAIN STREET FOUNDATION INC
    2120 5TH STREET
    MERIDIAN,MS39301
        DONATION 1,000
    MERIDIAN PERFORMING ARTS CENTER
    2200 5TH STREET
    MERIDIAN,MS39301
        DONATION - THEATER TRAINING FOR TEENS 500
    MERIDIAN PUBLIC SCHOOL DISTRICT
    1019 25TH AVE
    MERIDIAN,MS39301
        DONATION - PROJECT LEAD THE WAY 10,000
    MERIDIAN SYMPHONY ASSOCIATION INC
    PO BOX 2171
    MERIDIAN,MS39302
        DONATION 1,000
    MISSISSIPPI ARTS AND ENTERTAINMENT CENTER
    212 CONSTITUTION AVENUE
    MERIDIAN,MS39301
        DONATION 400,000
    MISSISSIPPI COUNCIL ON ECONOMIC EDUCATION
    PO BOX 23396
    JACKSON,MS39225
        DONATION 1,750
    MISSISSIPPI GULF COAST CHAMBER OF COMMERCE
    11975E SEAWAY ROAD
    GULFPORT,MS39503
        DONATION-CHAMBER SUPPORT 250
    MISSISSIPPI GULF COAST CHAMBER OF COMMERCE
    11975E SEAWAY ROAD
    GULFPORT,MS39503
        DONATION-CHAMBER SUPPORT 500
    MISSISSIPPI GULF COAST CHAMBER OF COMMERCE
    11975E SEAWAY ROAD
    GULFPORT,MS39503
        DONATION-CHAMBER SUPPORT 500
    MISSISSIPPI GULF COAST CHAMBER OF COMMERCE
    11975E SEAWAY ROAD
    GULFPORT,MS39503
        DONATION-CHAMBER SUPPORT 950
    MISSISSIPPI GULF COAST COMMUNITY COLLEGE FOUNDATION
    PO BOX 548
    PERKINSTON,MS39573
        DONATION-FOUNDATION MATCHING 1,000
    MISSISSIPPI GULF RESORT CLASSIC FOUNDATION
    11975 SEAWAY ROAD STE A228
    GULFPORT,MS39503
        DONATION - MILITARY VOLUNTEER FEES 11,000
    MISSISSIPPI GULF RESORT CLASSIC FOUNDATION
    11975 SEAWAY ROAD STE A228
    GULFPORT,MS39503
        DONATION - MILITARY VOLUNTEER PROGRAM 11,000
    MISSISSIPPI HIGH SCHOOL ACTIVITIES ASSOCIATION
    PO BOX 127
    CLINTON,MS39060
        DONATION - SCHOLARSHIPS 3,000
    MISSISSIPPI NATURE CONSERVANCY
    405 BRIARWOOD DRIVE STE 101
    JACKSON,MS39206
        DONATION 15,000
    MISSISSIPPI POWER COMMUNITY CONNECTION
    PO BOX 4079
    GULFPORT,MS39502
        DONATION 2,771
    MISSISSIPPI STATE UNIVERSITY FOUNDATION
    PO BOX 6149
    MISSISSIPPI STATE,MS39762
        DONATION-ENGINEERING SCHOOL 250,000
    MISSISSIPPI STATE UNIVERSITY FOUNDATION
    PO BOX 6149
    MISSISSIPPI STATE,MS39762
        DONATION-KINESIOLOGY SCHOOL 150,000
    MISSISSIPPI STATE UNIVERSITY FOUNDATION
    PO BOX 6149
    MISSISSIPPI STATE,MS39762
        DONATION-EDUCATIONAL MATCHING GIFT 50,440
    MISSISSIPPI STATE UNIVERSITY FOUNDATION
    PO BOX 6149
    MISSISSIPPI STATE,MS39762
        DONATION-EDUCATIONAL MATCHING GIFT 38,100
    MISSISSIPPI WILDLIFE FEDERATION
    517 COBBLESTONE CT
    MADISON,MS39110
        DONATION 5,000
    MS ENGINEERING SOCIETY-SOUTHEAST AREA CHAPTER
    300 CASTLEWOODS BLVD
    BRANDON,MS39047
        DONATION - MATHCOUNTS 100
    NAACP-BILOXI BRANCH
    610 WATER ST
    BILOXI,MS39530
        DONATION 5,000
    NATIONAL AUDUBON SOCIETY INC
    4316 FOREST PARK DRIVE
    JACKSON,MS39211
        DONATION - PASCAGOULA RIVER AUDUBON CENTER 30,000
    NATIONAL GUARD ASSOCIATION OF MISSISSIPPI
    PO BOX 627
    JACKSON,MS39205
        DONATION - MS MILITARY FAMILY RELIEF FUND 1,000
    NATIONAL PARK TRUST
    401 JEFFERSON PLAZA 102
    ROCKVILLE,MD20850
        DONATION - ADOPT-A-SCHOOL PROGRAM 1,500
    NEWTON HISTORICAL & CULTURAL COMMISSION INC
    110 PINEWOOD DRIVE
    NEWTON,MS393452922
        DONATION - MCELROY-HOYE HOUSE PROJECT 100
    NEWTON UNITED GIVERS FUND
    PO BOX 301
    NEWTON,MS39345
        DONATION 1,000
    PEARL RIVER COMMUNITY COLLEGE DEVELOPMENT FOUNDATION
    101 HIGHWAY 11 NORTH
    POPLARVILLE,MS39470
        DONATION 2,500
    PETAL EDUCATION FOUNDATION
    PO BOX 948
    PETAL,MS39465
        DONATION-ROBOTICS PROGRAM 2,000
    PICAYUNE SCHOOL DISTRICT
    706 GOODYEAR BLVD
    PICAYUNE,MS39466
        DONATION-ROBOTICS 2,000
    ROBOTICS ALLIANCE OF MISSISSIPPI
    16649 OLD RIVER RD
    VANCLEAVE,MS39565
        DONATION-FIRST LEGO LEAGUE 5,000
    SOUTHERN REGIONAL EDUCATIONAL SERVICE AGENCY
    PO BOX 18859
    HATTIESBURG,MS39404
        DONATION - BURTON SCHOLARSHIPS 30,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105
        DONATION 100
    ST PATRICK HIGH SCHOOL
    18300 ST PATRICK RD
    BILOXI,MS39532
        DONATION - ROBOTICS 2,000
    STATE GAMES OF MISSISSIPPI INC
    P O BOX 5866
    MERIDIAN,MS393025866
        DONATION 5,000
    TEXAS TECH FOUNDATION INC
    2500 BROADWAY
    LUBBOCK,TX79409
        DONATION - EDUCATIONAL MATCHING 100
    THE PARTNERSHIP FOUNDATION
    ONE CONVENTION CENTER PLAZA
    HATTIESBURG,MS39401
        DONATION - COMPETITIVE EDGE PLEDGE 10,000
    TOUGALOO COLLEGE
    500 WEST COUNTY LINE ROAD
    TOUGALOO,MS39174
        DONATION - ANNUAL GALA 1,500
    TRUST FOR PUBLIC LANDS
    101 MONTGOMERGY ST STE 900
    SAN FRANCISCO,CA94104
        DONATION 1,000
    UNITED WAY FOR JACKSON & GEORGE COUNTIES
    3510 MAGNOLIA STREET
    PASCAGOULA,MS39567
        DONATION-CORPORATE MATCH 6,492
    UNITED WAY FOR JACKSON & GEORGE COUNTIES
    3510 MAGNOLIA STREET
    PASCAGOULA,MS39567
        DONATION-CORPORATE MATCH 6,492
    UNITED WAY FOR JACKSON & GEORGE COUNTIES
    3510 MAGNOLIA STREET
    PASCAGOULA,MS39567
        DONATION-CORPORATE MATCH 6,492
    UNITED WAY OF EAST MISSISSIPPI
    1205 22ND AVENUE
    MERIDIAN,MS39301
        DONATION-CORPORATE MATCH 4,433
    UNITED WAY OF EAST MISSISSIPPI
    1205 22ND AVENUE
    MERIDIAN,MS39301
        DONATION-CORPORATE MATCH 4,433
    UNITED WAY OF EAST MISSISSIPPI
    1205 22ND AVENUE
    MERIDIAN,MS39301
        DONATION - POWER OF THE PURSE-IMAGINATION LIBRARY 500
    UNITED WAY OF EAST MISSISSIPPI
    1205 22ND AVENUE
    MERIDIAN,MS39301
        DONATION-CORPORATE MATCH 4,433
    UNITED WAY OF SOUTH MISSISSIPPI
    P O BOX 2128
    GULFPORT,MS39505
        DONATION-CORPORATE MATCH 15,618
    UNITED WAY OF SOUTH MISSISSIPPI
    P O BOX 2128
    GULFPORT,MS39505
        DONATION-CORPORATE MATCH 15,618
    UNITED WAY OF SOUTH MISSISSIPPI
    P O BOX 2128
    GULFPORT,MS39505
        DONATION-CORPORATE MATCH 15,618
    UNITED WAY OF SOUTHEAST MISSISSIPPI
    P O BOX 1648
    HATTIESBURG,MS394031648
        DONATION-CORPORATE MATCH 2,632
    UNITED WAY OF SOUTHEAST MISSISSIPPI
    P O BOX 1648
    HATTIESBURG,MS394031648
        DONATION-CORPORATE MATCH 2,632
    UNITED WAY OF SOUTHEAST MISSISSIPPI
    P O BOX 1648
    HATTIESBURG,MS394031648
        DONATION-CORPORATE MATCH 2,632
    UNITED WAY OF THE PINE BELT REGION
    PO BOX 2026
    LAUREL,MS39442
        DONATION-CORPORATE MATCH 833
    UNITED WAY OF THE PINE BELT REGION
    PO BOX 2026
    LAUREL,MS39442
        DONATION-CORPORATE MATCH 833
    UNITED WAY OF THE PINE BELT REGION
    PO BOX 2026
    LAUREL,MS39442
        DONATION-CORPORATE MATCH 833
    UNIVERSITY OF ALABAMA - BIRMINGHAM
    1720 2ND AVE SOUTH
    BIRMINGHAM,AL35294
        DONATION - EDUCATIONAL MATCHING 100
    UNIVERSITY OF ALABAMA
    UNIVERSITY OF ALABAMA
    TUSCALOOSA,AL35487
        DONATION - EDUCATIONAL MATCHING GIFT 2,100
    UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
    SS BOX 5043
    HATTIESBURG,MS39406
        DONATION - DUBARD SCHOOL SPEAKEASY 2,500
    UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
    SS BOX 5043
    HATTIESBURG,MS39406
        DONATION-MATCHING GIFT 16,020
    UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
    SS BOX 5043
    HATTIESBURG,MS39406
        DONATION - EDUCATIONAL MATCHING 500
    UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
    SS BOX 5043
    HATTIESBURG,MS39406
        DONATION - EDUCATIONAL MATCHING 4,150
    UNIVERSITY OF SOUTHERN MISSISSIPPI
    118 COLLEGE DRIVE 5210
    HATTIESBURG,MS394060001
        DONATION - SCHOLARSHIP-MARKETING 1,000
    UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION
    580 MASSIE ROAD
    CHARLOTTESVILLE,VA229031738
        DONATION - EDUCATIONAL MATCHING GIFT 2,000
    WALTER ANDERSON MUSEUM OF ART INC
    510 WASHINGTON AVENUE
    OCEAN SPRINGS,MS39564
        DONATION 500
    WEST HARRISON HIGH SCHOOL
    10399 COUNTY FARM RD
    GULFPORT,MS39503
        DONATION - ROBOTICS 2,000
    WILD AT HEART RESCUE
    16020 LARUE ROAD
    VANCLEAVE,MS39565
        DONATION 1,500
    WILLIAM CAREY UNIVERSITY
    498 TUSCAN AVENUE
    HATTIESBURG,MS39401
        DONATION - BIOLOGY LABS 100,000
    WILLIAM CAREY UNIVERSITY
    498 TUSCAN AVENUE
    HATTIESBURG,MS39401
        DONATION - SCHOOL OF PHARMACY 100,000
    WOLF RIVER CONSERVATION SOCIETY INC
    PO BOX 447
    PASS CHRISTIAN,MS39571
        DONATION 5,000
    Total .................................bullet 3a 1,565,880
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........
             
    4 Dividends and interest from securities....     14 343,941  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property
             
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............
        18 863,101  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,207,042 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,207,042
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    4 THE EARNINGS FROM INVESTING HELP FUND GIFTS TO VARIOUS NONPROFITS.
    8 THE EARNINGS FROM INVESTING HELP FUND GIFTS TO VARIOUS NONPROFITS.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 20,023 10,011 0 10,012

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY SECURITIES 10,791,597 10,791,597

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    US Government Securities - End of Year Book Value:

    2,184,151
    US Government Securities - End of Year Fair Market Value:

    2,184,151
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2015 InvestmentsOtherSchedule2
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MORTGAGE-BACKED SECURITIES AT COST 744,713 744,713
    CORPORATE DEBT SECURITIES AT COST 2,171,852 2,171,852

    TY 2015 OtherAssetsSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENT INCOME REC-H B 47,665 39,583 39,583
    EXCISE TAXES RECEIVABLE 2,053 7,171 7,171


    TY 2015 OtherDecreasesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Description Amount
    UNREALIZED LOSS 1,486,816


    TY 2015 OtherExpensesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 3,800 3,800 0 0
    INVESTMENT FEES 62,092 62,092 0 0
    OFFICE SUPPLIES 168 168 0 0
    REIMBURSABLE SALARY EXPENSE 128,226 76,936 0 51,291
    SOFTWARE MAINTENANCE 6,663 6,663 0 0
    MISCELLANEOUS -655 -655 0 0


    TY 2015 OtherIncreasesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Description Amount
    ADJUSTMENT TO MULTI-YEAR GRANTS 146,760


    TY 2015 TaxesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 20,149 20,149 0 0