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Filing year 2023

BACOT FOUNDATION OF SOUTH MISSISSIPPI

Pascagoula, Mississippi·EIN 64-0620054·3
Total revenue
$583k
Total assets
$661k
Total expenses
$809k
Reported officers
18
Mission

THE FOUNDATION'S PRIMARY MISSION IS TO INCREASE PHILANTHROPY BY MAKING GRANTS TO WORTHY CAUSES WITH A CONTINUED FOCUS ON YOUTH, EDUCATION AND THE CULTURAL ARTS, PROVIDING DONOR SERVICES; WHILE PROMOTING AND PROVIDING LEADERSHIP IN RESPONSE TO THE GULF COAST REGION'S CHANGING NEEDS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Exec. Director
board member
$60k
$66k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Down 38%
from 2022

From $96k in 2022 to $60k in 2023.

$96k
2022
$60k
2023
In today's dollarsEst.
Down 40% in real terms$110k to $66k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BACOT FOUNDATION OF SOUTH MISSISSIPPI reported revenue and expenses across 2 filing years.

RevenueExpenses
$616k
$813k
2022
$583k
$809k
2023
Total revenue and total expenses from IRS Form 990 filings.
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