X

Charity Navigator relies on donations from users like you.
Did you know that we never charge charities to be rated on our site? This allows us to maintain independence and conduct unbiased evaluations. We're not salespeople. We're coders, data analysts, and information junkies. We need your help. We're a nonprofit that relies on donations averaging $12. If Charity Navigator is useful to you, please take a minute to keep it online and free for another year. Thank you.
Dear Readers: Did you know that Charity Navigator is a nonprofit too? We never charge users or nonprofits to use our site. We rely on donations from users like you. If everyone gave $5, we could keep it online and free for another year. Please help today.
Maybe later  |   I already donated
Disable all preview features

Community Development : Housing and Neighborhood Development

Foundation for the Mid South

Three states, one community, one vision

four stars

90.19

134 East Amite Street Jackson, MS 39201
tel: (601) 355-8167   Web Site
EIN: 72-1151070

Board Leadership
C. Chad Causey
Chair

CEO
Ivye L. Allen
President

  Score
(out of 100)
Rating
Overall Score & Rating 90.19 four stars
  Financial 86.72 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Created in 1990, the Foundation for the Mid South (FMS) is a regional development foundation serving Arkansas, Louisiana, and Mississippi. We seek to strengthen the capacities and resources of institutions and communities to improve the quality of life for all Mid Southerners. The FMS invests in people and strategies that build philanthropy and promote racial, social, and economic equity in Arkansas, Louisiana, and Mississippi. FMS is in the business of creating long-term sustainable change in the Mid South. To ensure success in all aspects of our work, FMS emphasizes the importance of: community engagement, inclusion, community philanthropy, partnerships, leadership and public policy improvement.

Created in 1990, the Foundation for the Mid South (FMS) is a regional development foundation serving Arkansas, Louisiana, and Mississippi. We seek to strengthen the capacities and resources of institutions and communities to improve the quality of life for all Mid Southerners. The FMS invests in people and strategies that build philanthropy and promote racial, social, and economic equity in Arkansas, Louisiana, and Mississippi. FMS is in the business of creating long-term sustainable change in the Mid South. To ensure success in all aspects of our work, FMS emphasizes the importance of: community engagement, inclusion, community philanthropy, partnerships, leadership and public policy improvement.

Financial

three stars

86.72

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.3%
  Administrative Expenses 16.9%
  Fundraising Expenses 0.6%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 5.05
  Program Expenses Growth -3.3%
  Liabilities to Assets 5.7%
All data for Financial Performance Metrics calculations was provided by Foundation for the Mid South on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foundation for the Mid South on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for the Mid South (MS) 90.19 four stars
Community Involved in Sustaining Agriculture (MA) 91.17 four stars
Fund for the City of New York (NY) 87.83 three stars
Urban Homeworks (MN) 85.51 three stars
Citizens Committee for New York City (NY) 93.18 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $611,915
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $611,915
   Program Service Revenue $0
Total Primary Revenue $611,915
   Other Revenue $307,937
TOTAL REVENUE $919,852
   
EXPENSES  
   Program Expenses $1,741,130
   Administrative Expenses $322,299
   Fundraising Expenses $16,200
TOTAL FUNCTIONAL EXPENSES $2,079,629
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,159,777
   
Net Assets $15,360,652

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Community Development $1,315,751 75.6%
Education $374,919 21.5%
Wealth Building $47,646 2.7%

Ratings History
Foundation for the Mid South has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 02/01/2019 90.19 four stars
2015-12 02/01/2018 92.36 four stars
2015-12 02/01/2018 92.36 four stars
2014-12 06/01/2016 92.38 four stars
 
CN 2.0
2014-12 02/01/2016 84.61 three stars
2013-12 05/01/2015 82.98 three stars
2012-12 04/01/2014 86.51 three stars
2011-12 02/01/2013 84.32 three stars
2010-12 03/01/2012 84.32 three stars
2009-12 09/20/2011 85.14 three stars
 
CN 1.0
2009-12 04/01/2011 79.37 two stars
2008-12 07/01/2010 98.77 four stars
2007-12 05/01/2009 98.83 four stars
2006-12 04/01/2008 98.99 four stars
2005-12 03/01/2007 97.05 four stars
2004-12 06/01/2006 79.99 two stars
2003-12 11/01/2005 92.44 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 72-1151070
Name in IRS Master File FOUNDATION FOR THE MID SOUTH INC
NTEE Code S30
NTEE Classification Economic Development
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (400) Area development, redevelopment of renewal
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1991
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$185,951 8.94% Ivye L Allen President

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for the Mid South (MS) 90.19 four stars
Initiative Foundation (MN) 92.11 four stars
Staten Island Economic Development Corporation (SIEDC) (NY) 86.03 three stars
Phillips Brook House Association (MA) 89.37 three stars
Enterprise Community Partners (MD) 94.66 four stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Foundation for the Mid South
134 East Amite Street
Jackson, MS 39201
tel: (601) 355-8167
fax: (601) 355-6499
EIN: 72-1151070

Visit Web Site

Board Leadership

C. Chad Causey
Chair

CEO

Ivye L. Allen
President

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.