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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
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. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
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$33,667,545
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.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 631,659 631,659  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,412,240
b Gross sales price for all assets on line 6a 20,393,451
7 Capital gain net income (from Part IV, line 2)... 1,412,240
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)....... 1,292 1,292 0
12 Total. Add lines 1 through 11........ 2,045,191 2,045,191 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 180,706 36,141 0 144,565
14 Other employee salaries and wages...... 2,513 0 0 2,513
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 21,441 10,721 0 10,721
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 38,935 1,003 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 160,740 118,390 0 42,350
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 404,335 166,255 0 200,149
25 Contributions, gifts, grants paid....... 1,232,303 1,232,303
26 Total expenses and disbursements. Add lines 24 and 25 1,636,638 166,255 0 1,432,452
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 408,553
b Net investment income (if negative, enter -0-) 1,878,936
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 76,707 52,117 52,117
2 Savings and temporary cash investments......... 360,309 327,103 327,103
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) 4,162,496 Click to see attachment4,748,777 4,748,777
b Investments—corporate stock (attach schedule)....... 22,295,000 Click to see attachment22,812,964 22,812,964
c Investments—corporate bonds (attach schedule)....... 3,333,458 Click to see attachment3,483,295 3,483,295
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 2,283,455 1,936,581 1,936,581
13 Investments—other (attach schedule).......... 303,837 Click to see attachment245,706 245,706
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment71,868 Click to see attachment61,002 Click to see attachment61,002
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,887,130 33,667,545 33,667,545
Liabilities 17 Accounts payable and accrued expenses.......... 15,045 20,962
18 Grants payable.................    
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) Click to see attachment15,130 Click to see attachment1,699
23 Total liabilities (add lines 17 through 22)......... 30,175 22,661
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 32,856,955 33,644,884
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 32,856,955 33,644,884
30 Total liabilities and net assets/fund balances (see instructions). 32,887,130 33,667,545
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
32,856,955
2
Enter amount from Part I, line 27a .....................
2
408,553
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
379,376
4
Add lines 1, 2, and 3 ..........................
4
33,644,884
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
33,644,884
Form 990-PF (2020)
Form 990-PF (2020)
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 2019-01-01 2020-12-31
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 20,393,451   18,981,211 1,412,240
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       1,412,240
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 1,412,240
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 26,117
c All other domestic foundations enter 1.39% 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 26,117
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 26,117
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 35,880
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,880
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 21,763
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet21,763 RefundedBullet 11 0
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 the instructions
for the 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 2020 or the taxable year beginning in 2020? See the 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 (2020)
    Form 990-PF (2020)
    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 L PAUL BRADFORD Telephone no.bullet (228) 865-5156

    Located atbullet2992 WEST BEACH BOULEVARDGULFPORTMS ZIP+4bullet39501
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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
     
     
    ........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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    FRAN FOREHAND BOARD MEMBER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    MOSES FEAGIN TREASURER
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    BILLY THORNTON PRESIDENT
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    JEFF STONE SECRETARY
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    FE STRICKLAND MEMBER - NON VOTING
    0.00
    0 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    JENNIFER WALKER MEMBER - NON VOTING
    25.00
    76,457 0 0
    PO BOX 4079
    GULFPORT,MS395024079
    MR L PAUL BRADFORD EXECUTIVE DIRECTOR
    15.00
    104,249 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
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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 (2020)
    Form 990-PF (2020)
    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
    31,083,039
    b
    Average of monthly cash balances.......................
    1b
    305,868
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,388,907
    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
    31,388,907
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    470,834
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,918,073
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,545,904
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,545,904
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    26,117
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    26,117
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,519,787
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,519,787
    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
    1,519,787
    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
    1,432,452
    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
    1,432,452
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,432,452
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,519,787
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 869,491
    b From 2016......  
    c From 2017...... 254,069
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 1,123,560
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,432,452
    a Applied to 2019, 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 2020 distributable amount..... 1,432,452
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 87,335 87,335
    (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 1,036,225
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    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
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    782,156
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    254,069
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 254,069
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 foundation 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:
    JANICE L DIXON
    2992 WEST BEACH BOULEVARD
    GULFPORT,MS39502
    (228) 865-5232
    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 RECEIVE TICKETS, A TABLE AT A BANQUET, OR ANY OTHER ITEM OF VALUE AS A RESULT OF THE CONTRIBUTION.
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ALCORN STATE UNIVERSITY FOUNDATION
    1000 ASU DRIVE
    LORMAN,MS39096
      PC SCHOLARSHIP FUND SUPPORT 1,500
    AMERICAN ASSOCIATION OF BLACKS IN ENERGY
    PO BOX 851675
    MOBILE,AL36685
      PC ANNUAL AABE FUNDING 15,000
    AMERICAN CANCER SOCIETY
    417 SECURITY SQUARE
    GULFPORT,MS39507
      PC $10K SUPPORT STRIDES, RMWP AND OTHER ACS EVENTS, $5K RELAY FOR LIFE LAUDERDALE COUNTY SUPPORT 15,000
    AMERICAN HEART ASSOCIATION
    PO BOX 8272
    GULFPORT,MS39507
      PC $15K 2020 GULF COAST HEART WALK SPONSORSHIP, $1.5K FOR THE 2020 FORREST/LAMAR HEART WALK, $1.5K JONES COUNTY HEART WALK 18,000
    AUBURN UNIVERSITY FOUNDATION
    317 S COLLEGE STREET
    AUBURN,AL36849
      PC EDUCATION MATCH PROGRAM 200
    BACOTMCCARTY FOUNDATION
    PO BOX 1442
    PASCAGOULA,MS39568
      PC SPONSORSHIP SUPPORTS THE MISSION OF THE BACOT/MCCARTY FOUNDATION 1,500
    BOY SCOUTS OF AMERICA
    1318 HARDY STREET
    HATTIESBURG,MS39401
      PC $1K PINE BURR AREA COUNCIL FRIENDS OF SCOUTING DONATION, $3K FOR CHOCTAW AREA COUNCIL EAGLE CLUB RECOGNITION BREAKFAST 4,000
    BREAKING THROUGH COMMUNITY SERVICE INC
    1313 COUNTRY CLUB ROAD
    HATTIESBURG,MS39401
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    BROTHERS KEEPER MINISTRIES
    208 N MAIN STREET
    POPLARVILLE,MS39470
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,000
    CARE LODGE DOMESTIC VIOLENCE SHELTER INC
    1627 23RD AVENUE
    MERIDIAN,MS39301
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    CATHOLIC SOCIAL & COMMUNITY SERVICES
    1790 POPPS FERRY ROAD
    BILOXI,MS39532
      PC COVID19 COMMUNITY RELIEF EFFORTS 300,000
    CENTRAL CREATIVITY FOUNDATION
    442 N 6TH AVENUE
    LAUREL,MS39440
      PC SUPPORT A NEW ROBOTICS TEAM 5,000
    CHRISTIAN FOOD MISSION
    2507 MOOSE DRIVE
    LAUREL,MS39440
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    CITY OF LUCEDALE
    5126 MAIN STREET
    LUCEDALE,MS39452
      PC COMMUNITY INVESTMENT GRANT FOR LUCEDALE PARK IMPROVEMENTS 50,000
    CITY OF POPLARVILLE
    200 HIGHWAY 26 EAST
    POPLARVILLE,MS39470
      PC COMMUNITY INVESTMENT GRANT FOR POPLARVILLE PARK IMPROVEMENTS 20,000
    CITY OF WIGGINS
    117 FIRST STREET NORTH
    WIGGINS,MS39577
      PC COMMUNITY INVESTMENT GRANT FOR DOWNTOWN WIGGINS IMPROVEMENTS 25,000
    CLIMB COMMUNITY DEVELOPMENT CORP
    1526 MILLS AVENUE
    GULFPORT,MS39501
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    COMMUNITY FOUNDATION OF EAST MISSISSIPPI
    4817 N PARK DRIVE
    MERIDIAN,MS39305
      PC $5K DISASTER RELIEF OF LAUDERDALE COUNTY CONTRIBUTION, $3K COVID-19 COMMUNITY RELIEF EFFORTS 8,000
    DIOCESAN COUNCIL OF BILOXI SOCIETY - SVDP
    11658 HOLLY BLUFF CIRCLE
    BILOXI,MS39532
      PC COVID-19 COMMUNITY RELIEF EFFORTS 3,000
    EAST CENTRAL COMMUNITY COLLEGE
    275 W BROAD STREER
    DECATUR,MS39327
      PC HERITAGE SCHOLARSHIP 7,000
    EAST MISSISSIPPI BUSINESS DEVELOPMENT
    1901 FRONT STREET
    MERIDIAN,MS39301
      PC $1K YOUNG PROFESSIONALS OF MERIDIAN SPONSORSHIP, $500 MISSISSIPPI SCHOLAR SPONSOR 1,500
    EAST MISSISSIPPI FOOTHILLS LAND TRUST I
    PO BOX 1608
    MERIDIAN,MS39301
      PC PROVIDE EDUCATION AND CLEAN UP EFFORTS FOR THE CHUNKY RIVER 5,000
    EDUCATE SOCIAL & PUBLIC POLICY INC
    PO BOX 358
    COMO,MS38619
      PC MS. LEGISLATIVE BLACK CAUCUS /NATIONAL BLACK CAUCUS OF SATE LEGISLATORS CONFERENCE SCHOLARSHIPS 2,500
    EDWARDS STREET FELLOWSHIP CENTER
    1919 EDWARDS STREET
    HATTIESBURG,MS39401
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    EXTEND A HAND HELP A FRIEND
    5001 OLD PASS ROAD
    GULFPORT,MS39503
      PC COVID-19 COMMUNITY RELIEF EFFORTS 2,000
    FEED BY FAITH
    3401 5TH STREET
    MERIDIAN,MS39301
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    FIRST BRIDGE
    992 HIGHWAY 42
    PETAL,MS39465
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    GONE FISHING MINISTRIES INC
    PO BOX 292
    PASS CHRISTIAN,MS39571
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    GOOD SAMARITAN CENTER
    114 MILLSAPS AVE
    JACKSON,MS39202
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    GULF COAST COMMUNITY FOUNDATION
    PO BOX 6883
    GULFPORT,MS39502
      PC RETIREE VOLUNTEER OF THE YEAR DONATION TO ORGANIZATION OF THEIR CHOICE 500
    GULF COAST SYMPHONY ORCHESTRA INC
    11975 SEAWAY RD B233
    GULFPORT,MS39503
      PC SOUNDS BY THE SEA TO HONOR CURRENT AND RETIRED MILIARY OF THE GULF COAST 1,000
    HABITAT FOR HUMANITY OF THE MS GULF COAST
    2214 34TH STREET
    GULFPORT,MS39501
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    HANCOCK COMMUNITY DEVELOPMENT FOUNDATION
    100 S BEACH BLVD
    BAY ST LOUIS,MS39520
      PC $1K DONATION FOR OLD TOWN BAY ST. LOUIS COMMUNITY DEVELOPMENT, $100K COMMUNITY INVESTMENT GRANTS FOR BOYS&GIRLS CLUB NEW FACILITY IN BSL, $4.5K COVID-19 RELIEF EFFORTS 105,500
    HANCOCK RESOURCE CENTER
    454 US-90 SUITE B
    WAVELAND,MS39576
      PC SPONSOR A SESSION OF THE HANCOCK YOUTH LEADERSHIP ACADEMY 300
    HIGHER DIMENSION HARVEST TEMPLE
    121 S GEORGE STREET
    PETAL,MS39465
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    HOPE VILLAGE FOR CHILDREN
    2433 23RD AVENUE
    MERIDIAN,MS39301
      PC SUPPORT THE RUN FOR HOPE 1,500
    INFINITY SCIENCE CENTER
    1 DISCOVERY CIRCLE
    PEARLINGTON,MS39572
      PC INFINITY SCIENCE CENTER DONATION TO SUPPORT THE SCIENCE MUSEUM DEDICATED TO PROVIDING GUESTS WITH A FASCINATING LEARNING EXPERIENCE. 5,000
    JACKSON COUNTY SCHOOL DISTRICT
    4700 COL VICKREY RD
    VANCLEAVE,MS39565
      PC $10K FABLAB SUPPORT, $600 COVID-19 COMMUNITY RELIEF EFFORTS FABLAB 10,600
    JONES COUNTY JUNIOR COLLEGE
    900 S COURT ST
    ELLISVILLE,MS39437
      PC COMMUNITY INVESTMENT GRANT FOR JONES COLLEGE WAYNESBORO LINEMAN PROGRAM 20,000
    JONES COUNTY JUNIOR COLLEGE FOUNDATION
    900 S COURT ST
    ELLISVILLE,MS39437
      PC HERITAGE SCHOLARSHIP 5,000
    LAND TRUST FOR THE MISSISSIPPI COASTAL P
    PO BOX 245
    BILOXI,MS39533
      PC SUPPORT THE CONSERVATION EFFORTS OF THE LAND TRUST FOR THE MS. COAST PLAIN 5,000
    LYNN MEADOWS DISCOVERY CENTER
    246 DOLAN AVENUE
    GULFPORT,MS39507
      PC LYNN MEADOWS DISCOVERY CENTER DONATION FOR OVERALL PROGRAM SUPPORT TO INSPIRE CHILDREN, FAMILIES AND COMMUNITIES THROUGH ARTS, INTERACTIVE EDUCATIONAL EXPERIENCE AND EXPLORATION. 5,000
    MAIN STREET LEAKESVILLE ORGANIZATION
    301-A LAFAYETTE STREET
    LEAKESVILLE,MS39451
      PC COMMUNITY INVESTMENT GRANT FOR LEAKESVILLE PARK IMPROVEMENTS 10,000
    MCGRIFF SEIBELS & WILLIAMS INC
    2211 7TH AVENUE S
    BIRMINGHAM,AL35233
      PC MS POWER COMMUNITY CONNECTION INSURANCE RENEWAL 3,407
    MEML HOSP AT GULFPORT FOUNDATION INC
    P O BOX 940
    GULFPORT,MS39502
      PC SUPPORT PURCHASING LIFE-SAVING EQUIPMENT FOR THE NICU AND PROVIDING PRESCRIPTION AND TRANSPORTATION ASSISTANCE FOR ONCOLOGY PATIENTS 5,000
    MERIDIAN COMMUNITY COLLEGE FOUNDATION
    910 MISSISSIPPI 19
    MERIDIAN,MS39307
      PC HERITAGE SCHOLARSHIP 7,000
    MERIDIAN SYMPHONY ASSOCIATION INC
    PO BOX 2171
    MERIDIAN,MS39302
      PC DONATION FOR CELEBRATING 60 YEARS OF PRESENTING OUTSTANDING SYMPHONIC PERFORMANCE IN THE MERIDIAN AREA-COMMUNITY SUPPORT 1,000
    MISSISSIPPI AQUARIUM FOUNDATION
    2100 E BEACH BLVD
    GULFPORT,MS39501
      PC DONATION TO SUPPORT OPERATIONS OF AQUARIUM - COMMUNITY DEVELOPMENT 186,000
    MISSISSIPPI FEDERATION OF WOMENS CLUB
    PO BOX 643
    CALHOUN CITY,MS38916
      PC COVID-19 COMMUNITY RELIEF EFFORTS 500
    MISSISSIPPI GULF COAST CHAMBER OF COMMERCE
    11975 SEAWAY RD B120
    GULFPORT,MS39503
      PC MS. GULF COAST CHAMBER OF COMMERCE FOUNDATION PROGRAM SUPPORT 5,000
    MISSISSIPPI POWER COMMUNITY CONNECTION
    PO BOX 4079
    GULFPORT,MS39502
      PC $30K MPC COMMUNITY CONNECTION CHAPTERS ($5K EACH), $8K COVID-19 COMMUNITY RELIEF EFFORTS, 38,000
    MISSISSIPPI STATE UNIVERSITY FOUNDATION
    PO BOX 6149
    MISSISSIPPI STATE,MS39762
      PC $26K SOUTHERN COMPANY BILLY BALL DIVERSITY SCHOLARSHIP/SOUTHERN COMPANY FACULTY AND STAFF FUND FOR EXCELLENCE, $28.9K EDUCATION MATCH PROGRAM 54,900
    MISSISSIPPI UNIVERSITY FOR WOMEN FOUNDATION
    1100 COLLEGE STREET MUW-1618
    COLUMBUS,MS39701
      PC EDUCATION MATCH PROGRAM 2,000
    MISSISSIPPI WILDLIFE FEDERATION
    517 COBBLESTONE CT
    MADISON,MS39110
      PC SUPPORT PROGRAM DEVELOPMENT PROTECTING MISSISSIPPI'S WILDLIFE LEGACY 7,500
    MLK COMMUNITY DEVELOPMENT CORPORATION
    1501 MARKET STREET
    HARRISBURG,PA17103
      PC SUPPORT MLK CELEBRATION 1,000
    MOSS POINT VISIONARY CIRCLE
    PO BOX 8661
    MOSS POINT,MS39562
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    MOUNT OLIVE BAPTIST CHURCH OF HATTIESBUR
    1313 COUNTRY CLUB ROAD
    HATTIESBURG,MS39401
      PC SCHOLARSHIP SUPPORT ENABLING STUDENTS TO PURSUE SECONDARY EDUCATION 1,500
    MS GULF COAST COMM COLLEGE FOUNDATION
    51 MAIN STREET
    PERKINSTON,MS39573
      PC $8K HERITAGE SCHOLARSHIP, $7.5K EDUCATION MATCH 15,500
    NATIONAL AUDUBON SOCIETY INC
    225 VARICK STREET
    NEW YORK,NY10014
      PC SUPPORTS EDUCATION PROGRAMS TO SCHOOL AGED CHILDREN AT AFFORDABLE COST ALONG WITH OPERATIONAL COST TO RUN THE CENTER 30,000
    NEW LIFE FELLOWSHIP MINISTRIES
    212 EAGLE DAY AVE
    COLUMBIA,MS39429
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    OUR LADY ACADEMY
    222 S BEACH BLVD
    BAY ST LOUIS,MS39520
      PC SUPPORT THE FIRST ROBOTICS TEAM 3,000
    PASCAGOULA-GAUTIER SCHOOL DISTRICT
    1006 COMMUNY AVE
    PASCAGOULA,MS39567
      PC SUPPORT THE FIRST ROBOTICS TEAM 3,000
    PEARL RIVER COMM COLL DEVELOPMENT FDN
    101 HIGHWAY 11 NORTH BOX 5389
    POPLARVILLE,MS39470
      PC HERITAGE SCHOLARSHIP 8,000
    PETAL CHILDREN'S TASK FORCE INC
    314 S GEORGE AVE
    PETAL,MS39465
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    PICAYUNE MAIN STREET
    200 US-11
    PICAYUNE,MS39466
      PC COMMUNITY INVESTMENT GRANTS FOR PICAYUNE DOWNTOWN IMPROVEMENTS 50,000
    PICAYUNE SCHOOL DISTRICT
    706 GOODYEAR BLVD
    PICAYUNE,MS39466
      PC FIRST ROBOTICS TEAM SUPPORT FOR PICAYUNE/POPLARVILLE 3,000
    REV CHARLIE J MILLER FOUNDATION
    2001 29TH AVENUE
    MERIDIAN,MS39301
      PC SUUPORT 13TH ANNUAL RECONCILIATION WEEK. WEEK OF EVENTS HONOR MEMBERS OF THE COMMUNITY LOST IN THE 2003 LOCKHEED TRAGEDY 1,500
    SAMARITANS CLOSET AND PANTRY
    PO BOX 408
    WAYNESBORO,MS39367
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    ST PATRICK CATHOLIC HIGH SCHOOL
    18300 ST PATRICK RD
    BILOXI,MS39532
      PC FIRST ROBOTICS TEAM 3,000
    STATE GAMES OF MISSISSIPPI
    PO BOX 5866
    MERIDIAN,MS39302
      PC SUPPORT THE 2020 STATE GAMES OF MISSISSIPPI OPERATIONS 5,000
    STORM 4107
    10399 COUNTY FARM RD
    GULFPORT,MS39503
      PC SUPPORT THE WEST HARRISON HIGH SCHOOL ROBOTICS TEAM 3,000
    TEAM FUSION ROBOTICS BOOSTER CLUB
    2174 COLLINS BLVD
    GULFPORT,MS39507
      PC SUPPORT THE FIRST ROBOTICS TEAM 3,000
    THE FIELDHOUSE INC
    5712 US HIGHWAY 49
    HATTIESBURG,MS39401
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    THE FOUNDATION FOR EDUCATION & ECONOMIC
    1012 N WEST STREET
    JACKSON,MS39202
      PC SUPPORT ORGANIZATION'S GIVING TO HISTORIALLY BLACK COLLEGES, COMMUNITY COLLEGES AND UNIVERSITIES 2,000
    THE GLORY HOUSE OF LAUREL
    PO BOX 503
    LAUREL,MS39441
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    THE GREATER PINEBELT COMM FOUNDATION
    1501 ADELINE ST
    HATTIESBURG,MS39401
      PC SUPPORT THE PINEY WOODS CONSERVATION 5,000
    THE NATURE CONSERVANCY
    PO BOX 2444
    MADISON,MS39130
      PC SUPPORT OF GENERAL AND PROGRAM EXPENSE 15,000
    THE SALVATION ARMY
    1450 RIVERSIDE DRIVE
    JACKSON,MS39202
      PC COVID-19 COMMUNITY RELIEF EFFORTS 3,000
    TRIUMPH CHURCH OF GULFPORT
    11975 SEAWAY RD
    GULFPORT,MS39506
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    UNITED CHRISTIAN OUTREACH INC
    PO BOX 434
    PASCAGOULA,MS39568
      PC COVID-19 COMMUNITY RELIEF EFFORTS 1,500
    UNITED WAY FOR JACKSON & GEORGE COUNTIES
    3510 MAGNOLIA STREET
    PASCAGOULA,MS39567
      PC MATCHING GIFT PROGRAM (THREE PAYMENTS PER YEAR) 14,111
    UNITED WAY OF EAST MISSISSIPPI
    1205 22ND AVENUE
    MERIDIAN,MS39301
      PC MATCHING GIFT PROGRAM (THREE PAYMENTS PER YEAR) 5,750
    UNITED WAY OF SOUTH MISSISSIPPI
    PO BOX 2128
    GULFPORT,MS39505
      PC MATCHING GIFT PROGRAM (THREE PAYMENTS PER YEAR) 29,688
    UNITED WAY OF SOUTHEAST MISSISSIPPI
    PO BOX 1648
    HATTIESBURG,MS39403
      PC MATCHING GIFT PROGRAM (THREE PAYMENTS PER YEAR), $1.5K COVID-19 COMMUNITY RELIEF EFFORTS 5,688
    UNITED WAY OF THE PINE BELT REGION
    PO BOX 2026
    LAUREL,MS39442
      PC MATCHING GIFT PROGRAM (THREE PAYMENTS PER YEAR) 2,109
    UNIVERSITY OF MISSISSIPPI FOUNDATION
    406 UNIVERSITY AVE
    OXFORD,MS38655
      PC CMSE-FIRST TECH CHALLENGE ROBOTICS PROGRAM SUPPORT 2,500
    UNIVERSITY OF SOUTHERN MISS FOUNDATION
    SS BOX 5043
    HATTIESBURG,MS39406
      PC EDUCATION MATCH PROGRAM 2,050
    WALTER ANDERSON MUSEUM OF ART INC
    510 WASHINGTON AVENUE
    OCEAN SPRINGS,MS39564
      PC COMMUNITY INVESTMENT GRANTS FOR CTE STUDENTS TO CREATE SCULPTURES FOR PASCAGOULA PUBLIC ARTS PROJECT IN DOWNTOWN PASCAGOULA 20,000
    WILD AT HEART RESCUE
    16020 LARUE ROAD
    VANCLEAVE,MS39565
      PC BUILDING SUPPLIES AND FOOD SUPPORTING THE MPC AVIAN COMPLIANCE OF THE MBTA 1,500
    Total .................................bullet 3a 1,232,303
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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....     14 631,659  
    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.....         1,292
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 1,412,240  
    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 2,043,899 1,292
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,045,191
    (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 (2020)
    Form 990-PF (2020)
    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) (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) (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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 21,441 10,721 0 10,721

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE DEBT SECURITIES 3,483,295 3,483,295

    TY 2020 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 22,812,964 22,812,964

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    US Government Securities - End of Year Book Value:

    4,748,777
    US Government Securities - End of Year Fair Market Value:

    4,748,777
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    REAL ESTATE INVESTMENT TRUST AT COST 245,706 245,706

    TY 2020 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 71,868 61,002 61,002


    TY 2020 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
    INVESTMENT FEES 117,977 117,977 0 0
    OFFICE SUPPLIES 413 413 0 0
    CONSULTING 42,350 0 0 42,350


    TY 2020 OtherIncomeSchedule2
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 745 745  
    LITIGATION PROCEEDS 547 547  


    TY 2020 OtherIncreasesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Description Amount
    UNREALIZED GAIN 379,376


    TY 2020 OtherLiabilitiesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 15,130 1,699


    TY 2020 TaxesSchedule
    Name:
    MISSISSIPPI POWER FOUNDATION INC
    EIN:
    72-1370746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 37,932 0 0 0
    FOREIGN TAX 1,003 1,003 0 0