Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$41,453,906J 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) 4,009,563
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,139,564 1,139,564  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -864,136
b Gross sales price for all assets on line 6a 16,026,645
7 Capital gain net income (from Part IV, line 2)... 0
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)....... Click to see attachment
List of Attached Documents:
// Content
20 20 0
12 Total. Add lines 1 through 11........ 4,285,011 1,139,584 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 232,963 46,053 0 186,909
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,001 15,401 0 6,600
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
20,663 7,537 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
366,404 148,940 0 195,809
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 642,031 217,931 0 389,318
25 Contributions, gifts, grants paid....... 2,143,931 2,143,931
26 Total expenses and disbursements. Add lines 24 and 25 2,785,962 217,931 0 2,533,249
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,499,049
b Net investment income (if negative, enter -0-) 921,653
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 161,174 131,811 131,811
2 Savings and temporary cash investments......... 794,205 1,263,374 1,263,374
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,885,381 Click to see attachment
List of Attached Documents:
// Content
6,201,863 		6,201,863
b Investments—corporate stock (attach schedule)....... 212,034 Click to see attachment
List of Attached Documents:
// Content
103,962 		103,962
c Investments—corporate bonds (attach schedule)....... 3,869,786 Click to see attachment
List of Attached Documents:
// Content
4,757,276 		4,757,276
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 3,555,740 3,913,188 3,913,188
13 Investments—other (attach schedule).......... 21,738,782 Click to see attachment
List of Attached Documents:
// Content
24,938,809 		24,938,809
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
140,451 		Click to see attachment
List of Attached Documents:
// Content
143,623 		Click to see attachment
List of Attached Documents:
// Content
143,623
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,357,553 41,453,906 41,453,906
Liabilities 17 Accounts payable and accrued expenses.......... 16,578 54,968
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 16,578 54,968
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 36,340,975 41,398,938
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 36,340,975 41,398,938
30 Total liabilities and net assets/fund balances (see instructions). 36,357,553 41,453,906
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
36,340,975
2
Enter amount from Part I, line 27a .....................
2
1,499,049
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,558,914
4
Add lines 1, 2, and 3 ..........................
4
41,398,938
5
Decreases not included in line 2 (itemize) right arrow
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
41,398,938
Form 990-PF (2023)
Form 990-PF (2023)
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    
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 16,026,645   16,890,781 -864,136
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       -864,136
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 -864,136
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
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 right arrow 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) 1 12,811
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 12,811
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 12,811
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 52,550
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 52,550
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 39,739
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow39,739 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMS
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowN/A
14
The books are in care ofright arrowMR STEPHEN STIGLETS Telephone no.right arrow (228) 865-5653

Located atright arrow2992 WEST BEACH BOULEVARDGULFPORTMS ZIP+4right arrow39501
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
TOMMY MURPHY BOARD MEMBER
0.00 		0 0 0
PO BOX 4079
GULFPORT,MS395024079
BILLY THORNTON PRESIDENT
0.00 		0 0 0
PO BOX 4079
GULFPORT,MS395024079
SHAWN SHURDEN 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
JANICE DIXON MEMBER - NON VOTING
25.00 		0 0 0
PO BOX 4079
GULFPORT,MS395024079
STEPHEN STIGLETS EXECUTIVE DIRECTOR
15.00 		0 0 0
PO BOX 4079
GULFPORT,MS395024079
MATT GRICE TREASURER
0.00 		0 0 0
PO BOX 4079
GULFPORT,MS395024079
PASCAL GILL MEMBER - NON VOTING
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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.............right arrow0
Part VIII-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 VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
39,385,350
b
Average of monthly cash balances.......................
1b
492,787
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
39,878,137
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
39,878,137
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
598,172
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,279,965
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,963,998
Part X
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 IX, line 6..................
1
1,963,998
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
12,811
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,811
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,951,187
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,951,187
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 XII, line 1 ...
7
1,951,187
Part XI
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
2,533,249
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
2,533,249
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,951,187
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 567,350
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,533,249
a Applied to 2022, but not more than line 2a 567,350
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 2023 distributable amount..... 1,951,187
e Remaining amount distributed out of corpus 14,712
5 Excess distributions carryover applied to 2023. 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 14,712
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		14,712
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 14,712
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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

2ND CHANCE MS INC

1739-B UNIVERSITY AVENUE 126
MADISON,MS38655 		  PC DONATION TO FURTHER THE ADULT LEARNERS LEGACY 5,000

ALCORN STATE UNIVERSITY FOUNDATION

1000 ASU DRIVE 810
LORMAN,MS39096 		  PC 2023 EDUCATIONAL MATCHING GIFT PROGRAM 5,500

ALZHEIMERS DISEASE AND RELATED DISORDERS

225 NORTH MICHIGAN AVENUE SUITE
1700
CHICAGO,IL60601 		  PC JONES COUNTY WALK TO END ALZHEIMER'S 1,500

AMERICAN CANCER SOCIETY INC

3380 CHASTAIN MEADOWS PKY NW NO 2
KENNESAW,GA30144 		  PC SHUCK CANCER GULF COAST AND REAL MEN WEAR PINK FUNDRAISERS 10,000

AMERICAN HEART ASSOCIATION

PO BOX 8272
GULFPORT,MS39507 		  PC DONATION TO FOREST/LAMAR/JONES CTY HEART WALKS 16,500

AUBURN UNIVERSITY FOUNDATION

317 S COLLEGE STREET
AUBURN,AL36849 		  PC MATCHING EDUCATION GIFT PROGRAM 250

BILOXI FIRST INC

PO BOX 982
BILOXI,MS39533 		  PC ENDOWED TEACHER GRANT FOR STEM RELATED ACTIVITY 5,000

CASA OF SOUTHEAST MISSISSIPPI INC

4903 TELEPHONE ROAD
PASCAGOULA,MS39567 		  PC SUPPORT ABUSED & NEGLECTED CHILDREN-JACKSON,GEORGE,GREENE COUNTIES 7,500

CELEBRATE SISTERS FOUNDATION

3623 REEVES LN
OCEAN SPRINGS,MS39564 		  PC SUPPORT FIRST BRIDGE TO STEM WORKSHOP 1,500

CENTER FOR TRANSFORMATIONAL RESILIENCE

PO BOX 51182
EUGENE,MS97405 		  PC MENTAL HEALTH TRAINING FOR FIRST RESPONDERS 55,685

CENTER STAGE INC

27 RUE PALAFOX
BILOXI,MS39531 		  PC CONTRIBUTION FOR CONSTRUCTION PROJECT TO UPGRADE TO ADA ACCESSIBLE 5,000

CHILDRENS FOUNDATION OF MISSISSIPPI

PO BOX 55887
JACKSON,MS39296 		  PC DONATION FOR IMPROVING OUTCOME FOR MS CHILDREN EVENT-TAPPING INTO OUR POTENTIAL 2,500

CHOCTAW AREA COUNCIL NO 302 BOY SCOUTS

PO BOX 911
MERIDIAN,MS39302 		  PC DONATION 2023 EAGLE CLUB RECOGNITION BREAKFAST 6,000

COMMUNITY CONNECTION COAST CHAPTER

2992 WEST BEACH BLVD
GULFPORT,MS39501 		  PC 2023 COMMUNITY CONNECTION CHAPTER SEED MONEY 5,000

COMMUNITY CONNECTION EAST MS CHAPTER

2992 WEST BEACH BLVD
GULFPORT,MS39501 		  PC 2023 SEED MONEY FOR COMMUNITY CONNECTION EAST MS CHAPTER 5,000

COMMUNITY CONNECTION GENERAL OFFICE

2992 WEST BEACH BLVD
GULFPORT,MS39501 		  PC 2023 COMMUNITY CONNECTION CHAPTER SEED MONEY 5,000

COMMUNITY CONNECTION JACKSONGEORGE CTY

2992 WEST BEACH BLVD
GULFPORT,MS39501 		  PC 2023 COMMUNITY CONNECTION JACKSON GEORGE CTY SEED MONEY 5,000

COMMUNITY CONNECTION PINE BELT CHAPTER

2992 WEST BEACH BLVD
GULFPORT,MS39501 		  PC 2023 SEED MONEY FOR COMMUNITY CONNECTION PINE BELT CHAPTER 5,000

COMMUNITY CONNECTION PLANT WATSON CHAPTER

2992 WEST BEACH BLVD
GULFPORT,MS39501 		  PC 2023 SEED MONEY FOR PLANT WATSON CHAPTER 5,000

DYNAMIC ENRICHMENT NETWORK

55 51ST STREET
GULFPORT,MS39507 		  PC YOUTH CENTER IN BAYOU VIEW GULFPORT 2,500

EAST CENTRAL COMMUNITY COLLEGE FOUNDATION

275 W BROAD STREER
DECATUR,MS39327 		  PC HERITAGE SCHOLARSHIP FOR UNDERPRIVILEGED STUDENTS 109,500

EAST MISSISSIPPI FOOTHILLS LAND TRUST INC

PO BOX 1608
MERIDIAN,MS39301 		  PC SUPPORT THE WORK TO CONSERVE, PROMOTE AND PROTECT OPEN SPACES AND GREEN SPACES OF ECOLOGICAL, CULTURAL, OR SCENIC SIGNIFICANCE IN THE MOUNTIES OF EAST MISSISSIPPI 5,000

EDUCATE SOCIAL & PUBLIC POLICY INC

PO BOX 358
COMO,MS38619 		  PC SUPPORT OF EDUCATION AND DEVELOPMENT OF DISADVANTAGED CHILDREN 5,000

EXCEL BY 5 INC

135 BOUNDS STREET
JACKSON,MS39206 		  PC SUPPORT OF WORKSHOPS & RESOURCES FOR PARENTS OF CHILDREN UP TO 5 YEARS OLD 35,000

EXTEND A HAND HELP A FRIEND

5001 OLD PASS RD
GULFPORT,MS39501 		  PC CHRISTMAS TOY GIVE-AWAY AT GASTON POINT COMMUNITY CENTER 1,000

FRIENDS OF MCNEILL

PO BOX 670
MCNEILL,MS39457 		  501C3- PENDING CONTRIBUTION FOR START UP FUNDING OF COMMUNITY ENHANCEMENT ORGANIZATION 5,000

GULF COAST COMMUNITY FOUNDATION

PO BOX 6883
GULFPORT,MS39502 		  PC LONG BEACH SCHOOL DISTRICT-TEACHERS, STUDENT SCHOLARSHIPS, GRANT RECOGNITION PGMS 11,000

GULF COAST SYMPHONY ORCHESTRA INC

11975 SEAWAY RD B233
GULFPORT,MS39503 		  PC DONATION-SUPPORTING EDUCATION FOR STUDENTS OF ALL AGES THROUGH MUSIC 2,500

HANCOCK COUNTY HISTORICAL SOCIETY INC

108 CUE STREET
BAY SAINT LOUIS,MS39520 		  PC CONTRIBUTION IN SUPPORTING HISTORIC PRESERVATION OF ST. AUGUSTINE SEMINARY CAMPUS 1,000

HANCOCK CTY COMM DEVELOPMENT FOUNDATION

00 S BEACH BLVD SUITE A
BAY ST LOUIS,MS39520 		  PC CONTRIBUTION FOR CHRISTMAS IN THE BAY EVENT 1,500

HANCOCK CTY COMMUNITY DEVELOPMENT FOUNDATION

100 SOUTH BEACH BOULEVARD
BAY ST LOUIS,MS39520 		  PC ANNUAL EVENT TO HONOR GRADUATING HIGH SCH SRS IN HANCOCK CTY 2,000

HANCOCK RESOURCE CENTER

454 US-90 SUITE B
WAVELAND,MS39576 		  PC HANCOCK COUNTY YOUTH LEADERSHIP ACADEMY SESSION 500

HBRG CIVIC CHORUS & CONCERT ASSN INC

PO BOX 16028
HATTIESBURG,MS39404 		  PC DONATION FOR FESTIVAL SOUTH 2023 FUNDRAISER 2,500

HISTORICAL SOCIETY OF GULFPORT

1419 27TH AVE
GULFPORT,MS39501 		  PC SUPPORT CITY OF GULFPORT'S 125TH BIRTHDAY CELEBRATION 3,000

HOME OF GRACE

P O BOX 5009
VANCLEAVE,MS39565 		  PC DONATION TO ASSIST FAITH BASED ORGANIZATION HELPING THOSE STRUGGLING WITH DRUG AND ALCOHOL ADDITION. 20,000

HOPE VILLAGE FOR CHILDREN

2433 23RD AVENUE
MERIDIAN,MS39301 		  PC DONATION TO THE RUN FOR HOPE FUNDRAISER WHICH AIDS THOSE CHILDREN REMOVED FROM PRIMARY CAREGIVERS CUSTODY DUE TO ABUSE, NEGLECT OR ABANDONMENT. 1,500

ICSC FOUNDATION

1251 AVENUE OF THE AMERICAS 45TH
FLOOR
NEW YORK,NY100201104 		  PC SUPPORT PROJECT DESTINED (5) STUDENTS FROM HBCUS & UNIVERSITIES 20,000

INFINITY SCIENCE CENTER INC

1 DISCOVERY CIR
PEARLINGTON,MS39572 		  PC CONTRIBUTION FOR POLLINATOR GAREN DISPLAY OUTSIDE LEARNING AREA 2,500

JACKSON COUNTY SCHOOL DISTRICT

4700 COL VICKREY RD
VANCLEAVE,MS39565 		  PC CONTRIBUTION FOR THE FABLAB 10,000

JACKSON STATE DEVELOPMENT FOUNDATION

PO BOX 17144
JACKSON,MS39217 		  PC JACKSON STATE UNIVERSITY HERITAGE SCHOLARSHIP 25,100

JONES COUNTY JUNIOR COLLEGE FOUNDATION

900 SOUTH COURT STREET
ELLISVILLE,MS39437 		  PC HERITAGE SCHOLARSHIP FOR UNDERPRIVILEGED STUDENTS 5,000

KEEP MISSISSIPPI BEAUTIFUL

150 FOUNTAINS BLVD
MADISON,MS39110 		  PC CONTRIBUTION/GRANT FOR MAINTAINING COMMUNITIES ENVIRONMENT 2,000

LAND TRUST FOR THE MISSISSIPPI COASTAL PLAINS

PO BOX 245
BILOXI,MS39533 		  PC SUPPORT RESOURCES TO CONSERVE AND RESTORE LANDS IN COASTAL COMMUNITIES 10,000

LAUREL HIGH SCHOOL

1100 W 12TH ST
LAUREL,MS39441 		  PC ROOKIE TEAM FOR LAUREL HIGH SCHOOL #9503 5,000

LAUREL SCHOOL DISTRICT

P O DRAWER 288
LAUREL,MS39441 		  PC NEW LAUREL STEM SCHOOL-STEM LAB SUPPLIES, STEM EQUIPMENT 56,688

LYNN MEADOWS DISCOVERY CENTER

246 DOLAN AVE
GULFPORT,MS39507 		  PC CONTRIBUTION-FREE FRDAY NIGHTS FOR UNDERPRIVILEGED CHILDREN 15,000

MAIN STREET LEAKESVILLE ORGANIZATION

301A LAFAYETTE AVE
LEAKESVILLE,MS39451 		  PC GREEN PARK UPGRADE CONTRIBUTION 50,000

MAIN STREET PASCAGOULA

618 DELMAS AVENUE
PASCAGOULA,MS39567 		  PC COMMUNITY INVESTMENT GRANT FOR DOWNTOWN PASCAGOULA REVITALIZATION PHASE 3 50,000

MARITIME & SEAFOOD INDUSTRY MUSEUM

115 E 1ST ST
BILOXI,MS39530 		  PC SPONSOR SEA & SAIL ADVENTURE CAMPS FOR CHILDREN/RESTORATION OF OLD PHOTOS 50,000

MERIDIAN COMMUNITY COLLEGE FOUNDATION

910 MISSISSIPPI 19
MERIDIAN,MS39307 		  PC 2023 HERITAGE SCHOLARSHIPS 7,000

MISSION MISSISSIPPI

840 E RIVER PL
JACKSON,MS39202 		  PC CONTRIBUTION FOR 30 YEARS BEYOND BARRTIERS: THROUGH LIVING RECONCILED 5,000

MISSISSIPPI EARLY LEARNING ALLIANCE INC

PO BOX 16174
JACKSON,MS39236 		  PC BUILDING FOR BABIES BREAKFASTS THROUGHOUT MISSISSIPPI 6,000

MISSISSIPPI GULF COAST COMM COLLEGE FNDN

11975 SEAWAY RD NO B105
GULFPORT,MS39503 		  PC MATCHING EDUCATION GIFT PROGRAM 315,500

MISSISSIPPI HUMANITIES COUNCIL INC

3825 RIDGEWOOD ROAD ROOM 311
JACKSON,MS39211 		  PC CONTRIBUTION FOR PUBLIC HUMANITIES AWARDS FUNCTION 2,500

MISSISSIPPI STATE UNIVERSITY FOUNDATION

P O BOX 6149
MISSISSIPPI STATE,MS397626149 		  PC MATCHING EDUCATION GIFT PROGRAM/SOUTHERN COMPANY JOINT SCHOLARSHIP PROGRAM 101,900

MISSISSIPPI UNIVERSITY FOR WOMEN FOUNDATION

1100 COLLEGE STREET MUW-1618
COLUMBUS,MS39701 		  PC MATCHING EDUCATION GIFT PROGRAM 2,000

MOSS POINT MAIN STEEET ASSOCIATION

4320 MCINNIS AVENUE
MOSS POINT,MS39563 		  PC CONTRIBUTION TOWARD ARPA GRANT - DOWNTOWN REVITALIZATION 40,000

MS GULF COAST BUDDY SPORTS INC

26339 CAMILLE DRIVE
PASS CHRISTIAN,MS39571 		  PC CONTRIBUTION FOR INDIVIDUALS WITH SPECIAL NEEDS TO INTERACT IN SPORTS & LEISURE ACTIVITIES 1,000

NATIONAL AUDUBON SOCIETY INC

225 VARICK STREET
NEW YORK,NY10014 		  PC PASCAGOULA RIVER AUDUBON CENTER FUNDING 30,000

OUR LADY ACADEMY

222 S BEACH BLVD
BAY ST LOUIS,MS39520 		  PC SUPPORT TEAM ALPHA ROBOTICS 6,000

PARTNERSHIP FOUNDATION INC

1 CONVENTION CTR PLAZA
HATTIESBURG,MS39401 		  PC SMALL MINORITY BUSINESS GRANTS, FORREST AND LAMAR COUNTIES 100,000

PASCAGOULA-GAUTIER SCHOOL DISTRICT

1006 COMMUNY AVENUE GAUTIER
PASCAGOULA,MS39567 		  PC CONTRIBUTION FOR LINE WORKER EQUIPMENT NEEDED TO TEACH CLASSES 25,000

PEARL RIVER COMM COLL DEVELOPMENT FDN

101 HIGHWAY 11 NORTH BOX 5389
POPLARVILLE,MS39470 		  PC POPLARVILLE EXCEL BY 5 PROGRAM/HERITAGE SCHOLARSHPS 60,500

PETAL EDUCATION FOUNDATION

103 EAST CENTRAL AVENUE
PETAL,MS39465 		  PC SUPPORT TEA HERO ROBOTICS TEAM 6,000

PICAYUNE SCHOOL DISTRICT

706 GOODYEAR BLVD
PICAYUNE,MS39466 		  PC SUPPORT TEAM CHAOS ROBOTICS TEAM 6,000

PINEY WOODS CONSERVATION GROUP

6042 HWY 98 W
HATTIESBURG,MS39402 		  PC SUPPORT TO CONSERVE & PROTECT OPEN & GREEN PLACES OF ENVIRONMENTAL SIGNIFICANCE IN PINEBELT 35,000

PROGRAM BELIEVE

300 HOWARD AVE
BILOXI,MS39530 		  PC SUMMER CAMP AND PROGRAM AND TUTOR SUPPPLIES FOR MINORITY STUDENTS 10,000

PUTTIN ON THE PINK BREAST CANCER FDN

PO BOX 875
PICAYUNE,MS39466 		  PC 2023 GALA FUNDRAISER SUPPORT-GRANT FOR 8 SURVIVORS TO ATTEND 5,000

REV CHARLIE J MILLER FOUNDATION

2001 29TH AVE
MERIDIAN,MS39301 		  PC SUPPORT RECONCILIATION WEEK CELEBRATION 1,500

ROBOTICS ALLIANCE OF MISSISSIPPI

204 ALLYSON COVE
BRANDON,MS39047 		  PC SUPPORT FIRST LEGO LEAGUE STATE COMPETITION 5,000

RUST COLLEGE

150 RUST AVE
HOLLY SPRINGS,MS38635 		  PC 2023 1ST QUARTER EDUCATION MATCHING GIFT 500

S CENTR MS CONS FOR EDUC EXCEL & DVLMPT

PO BOX 18859
HATTIESBURG,MS39404 		  PC MAKING CONNECTIONS EDUCATIONAL CONFERENCE 30,000

SCOTT COUNTY SCHOOL DISTRICT

10 COMMERCE LOOP
FOREST,MS39074 		  PC SUPPORT #9717 ROOKIE ROBOTICS TEAM 5,000

SECOND BAPTIST CHURCH

3913 MACPHELAH ROAD
MOSS POINT,MS39563 		  PC CONTRIBUTION-MENS AND BOYS RETREAT-UNITY IN THE COMMUNITY 1,000

SOUTH MISSISSIPPI REGIONAL LIBRARY

900 BROAD ST
COLUMBIA,MS39429 		  PC CONTRIBUTION TO WINTER READING PRGM AT DR FRANK L LEGGETT PUBLIC LIBRARY 2,500

SOUTHERN UNIVERSITY SYSTEM FOUNDATION

PO BOX 9562
BATON ROUGE,LA70813 		  PC EDUCATIONAL MATCHING GIFT PROGRAM 500

ST PATRICK CATHOLIC HIGH SCHOOL

18300 ST PATRICK RD
BILOXI,MS39532 		  PC SUPPORT OF TEAM TEMPEST ROBOTICS TEAM 6,000

STATE GAMES OF MISSISSIPPI

PO BOX 5866
MERIDIAN,MS39302 		  PC SUPPORT THE PROMOTION OF AMATEUR ATHLETICS AND HEALTHY LIFESTYLES FOR MISSISSIPPIANS OF ALL AGES AND ABILITIES. 5,000

STONE COUNTY SCHOOL DISTRICT

214 N CRITZ ST
WIGGINS,MS39577 		  GOV NEW WELDING BOOTHS FOR CAREER TECHNICAL PROGRAM 20,000

TEAM FUSION ROBOTICS

3 PINE HAVEN ST
GULFPORT,MS39503 		  PC SUPPORT TEAM FUSION ROBOTICS TEAM-GULFPORT HIGH 6,000

THE GULF COAST ASSOCIATION OF PRIDE INC

2756 FERNWOOD RD
BILOXI,MS39531 		  PC GULF COAST ANNUAL PRIDE EVENT 500

THE NATURE CONSERVANCY

PO BOX 2444
MADISON,MS39130 		  PC DONATION FOR SUPPORT OF THE MS. CHAPTER OF NATURE CONSERVANCY WORK 30,000

TRUST FOR PUBLIC LAND

PO BOX 889336
LOS ANGELES,CA90088 		  PC RENOVATION/PRESERVATION OF MEMY NATIONAL MONUMENT 25,000

UAB EDUCATIONAL FOUNDATION

1717 11TH AVE S
BIRMINGHAM,AL35205 		  PC 2023 2ND QTR EDUCATIONAL MATCHING PROGRAM 100

UNITED WAY FOR JACKSON & GEORGE COUNTIES

3510 MAGNOLIA STREET
PASCAGOULA,MS39567 		  PC MATCHING PAYMENT PROGRAM/ACT WORK PGM FOR MOSS POINT & OCEAN SPRINGS HIGH SCHOOL STUDENTS/MINORITY BUSINESS OWNER GRANTS 85,979

UNITED WAY OF EAST MISSISSIPPI

1205 22ND AVENUE
MERIDIAN,MS39301 		  PC MATCHING PAYMENT PROGRAM 5,605

UNITED WAY OF SOUTH MISSISSIPPI

11975 SEAWAY ROAD SUITE B-170
GULFPORT,MS39503 		  PC MATCHING PAYMENT PROGRAM 385,263

UNITED WAY OF SOUTHEAST MISSISSIPPI

PO BOX 1648
HATTIESBURG,MS39403 		  PC MATHCING PAYMENT PROGRAM 3,810

UNITED WAY OF THE PINE BELT REGION

PO BOX 2026
LAUREL,MS39442 		  PC MATCHING PAYMENT PROGRAM 2,140

UNITED WAY OF WEST CENTRAL MS

920 SOUTH STREET
VICKSBURG,MS39180 		  PC DONATION FOR TORNADO RELIEF-ROLLING FORK RESIDENTS 50,000

UNIVERSITY OF SOUTHERN MISS FOUNDATION

SS BOX 5043
HATTIESBURG,MS39406 		  PC MATCHING EDUCATION GIFT PROGRAM 18,420

WEST HARRISON HIGH SCHOOL STORM 4107

79 WEST PACES FERRY ROAD NW SUITE
300
ATLANTA,GA30305 		  PC SUPPORT OF TEAM STORM ROBOTICS TEAM 6,000

WEST JASPER SCHOOL DISTRICT

510 HWY 18
BAY SPRINGS,MS39422 		  PC SUPPORT ROBOTICS ROOKIE TEAM WEST JASPER #9734 5,000

WILD AT HEART RESCUE

16020 LARUE RD
VANCLEAVE,MS39565 		  PC ENVIRONMENTAL SUPPORT FOR MIGRATORY BIRD TREATY ACT 5,000

WREATHS FOR BNC

P O BOX 561
BILOXI,MS39533 		  PC WREATHS FOR NATIONAL CEMETERY IN BILOXI 5,000

FAMU FOUNDATION INC

625 E TENNESSEE ST STE 100
TALLAHASSEE,FL32308 		  PC EDUCATIONAL MATCHING PROGRAM 1,991

BAYOU VIEW MIDDLE SCHOOL ROBOTICS

212 43RD AVENUE
GULFPORT,MS39507 		  GOV DONATION FOR UPGRADING EQUIP/PARTS TRAILER USED FOR VEX ROBOTICS EVENTS 5,000
Total .................................right arrow 3a 2,143,931
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 1,139,564  
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 .....     01 20  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -864,136  
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) .. 0 275,448 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
275,448
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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.
7 OTHER INCOME RELATED TO EARNINGS FROM INVESTMENTS TO HELP FUND GRANTS
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
MISSISSIPPI POWER FOUNDATION INC
 
Employer identification number

72-1370746
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
MISSISSIPPI POWER FOUNDATION INC
  		Employer identification number
72-1370746
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
MISSISSIPPI POWER COMPANY
 
PO BOX 4079
 
GULFPORT, MS39502

$ 4,009,563


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
MISSISSIPPI POWER FOUNDATION INC
  		Employer identification number

72-1370746
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
MISSISSIPPI POWER FOUNDATION INC
  		Employer identification number

72-1370746
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
MISSISSIPPI POWER FOUNDATION INC
EIN:
72-1370746
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 22,001 15,401 0 6,600

TY 2023 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 4,757,276 4,757,276

TY 2023 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 103,962 103,962

TY 2023 InvestmentsGovtObligationsSch
Name:
MISSISSIPPI POWER FOUNDATION INC
EIN:
72-1370746
US Government Securities - End of Year Book Value:

6,201,863
US Government Securities - End of Year Fair Market Value:

6,201,863
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 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 24,938,809 24,938,809

TY 2023 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 87,861 103,876 103,876
PREPAID FEDERAL EXCISE TAX 52,590 39,747 39,747


TY 2023 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 147,819 147,819 0 0
SOFTWARE MAINTENANCE 855 855 0 0
OFFICE SUPPLIES 266 266 0 0
CONSULTING 216,560 0 0 194,904
GRANT ADMINISTRATION EXPENSE 904 0 0 905


TY 2023 OtherIncomeSchedule2
Name:
MISSISSIPPI POWER FOUNDATION INC
EIN:
72-1370746
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
LITIGATION PROCEEDS 20 20  


TY 2023 OtherIncreasesSchedule
Name:
MISSISSIPPI POWER FOUNDATION INC
EIN:
72-1370746
Description Amount
UNREALIZED LOSS 3,558,914


TY 2023 TaxesSchedule
Name:
MISSISSIPPI POWER FOUNDATION INC
EIN:
72-1370746
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 13,126 0 0 0
FOREIGN TAX 7,537 7,537 0 0