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Filing year 2024

MR & MRS E H SUMNERS FOUNDATION

Ridgeland, Mississippi·EIN 64-6167983·NTEE B120 · Education·501(c)(3)
Total revenue
$8.8M
Total assets
$74.1M
Total expenses
$5.9M
Reported officers
2
Mission

NET INCOME IS DISTRIBUTED 3 TIMES A YEAR TO 5 INSTITUTIONS OF HIGHER LEARNING. EACH INSTITUTION ADMINISTERS THE TRUST FUNDS THROUGH ITS FINANCIAL AID OFFICE UNDER POLICY SET BY THE SCHOLARSHIP COMMITTEE OF EACH INSTITUTION IN MAKING EDUCATIONAL GRANTS TO STUDENTS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Trustee
Board Member
Above 90th percentile
$568k
$603k

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 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MR & MRS E H SUMNERS FOUNDATION equaled 10% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
10%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 14%
from 2023

From $498k in 2023 to $568k in 2024.

$498k
2023
$568k
2024
In today's dollarsEst.
Up 11% in real terms$544k to $603k

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.

Pay for the position

Board Member pay rose 14% from 2023 to 2024, while revenue rose 36%.

$498k in 2023 to $568k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

MR & MRS E H SUMNERS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.5M
$7.3M
2023
$8.8M
$5.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Mississippi

Comparable education organizations in Mississippi pay their highest-earning executive a median of $75,086.

25th percentile
$34k
Median
$75,086
75th percentile
$137k
90th percentile
$231k

These are education sector-wide figures, not this organization's reported pay. Based on 146 organizations across 146 filings (2022 – 2024).

See full Education pay data for Mississippi
FAQ

Common questions about MR & MRS E H SUMNERS FOUNDATION

What does the Board Member of MR & MRS E H SUMNERS FOUNDATION earn?

In 2024, the Board Member of MR & MRS E H SUMNERS FOUNDATION received $568,145 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at MR & MRS E H SUMNERS FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Member at MR & MRS E H SUMNERS FOUNDATION falls in the top 10%. In 2024, the highest total compensation at MR & MRS E H SUMNERS FOUNDATION equaled 10% of the organization's total expenses. The median for education organizations is 7%.

What are MR & MRS E H SUMNERS FOUNDATION's revenue and expenses?

In 2024, MR & MRS E H SUMNERS FOUNDATION reported $8.8M in total revenue and $5.9M in total expenses on its IRS Form 990.

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