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Filing year 2023

THE FLORENCE FOUNDATION

Moss Point, Mississippi·EIN 63-0843906·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$553k
Total assets
$2.7M
Total expenses
$301k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Mississippi.

Trustee
Board Member
75th to 90th percentile
$16k
$17k
Trustee
Board Member
75th to 90th percentile
$16k
$17k
Trustee
Board Member
75th to 90th percentile
$16k
$17k
Trustee
Board Member
75th to 90th percentile
$16k
$17k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE FLORENCE FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$202k

Itemized grants

13

Median grant

$10k

RecipientLocationPurposeAmount
UNIVERSITY OF MOBILEMOBILE, ALEDUCATION$106k
YOUNG LIFEMOBILE, ALYOUTH GROUP$15k
CRITTENTON YOUTH SERVICESMOBILE, ALEDUCATION$10k
DUMAS WESLEY COMMUNITY CENTERMOBILE, ALCOMMUNITY OUTREACH$10k
LIGHT OF THE VILLAGEBAY MINETTE, ALCHILDREN'S CAMPS$10k
MOBILE COUNTY METRO JAIL MINISTRIESMOBILE, ALPRISON MINISTRY$10k
VICTORY HEALTH PARTNERSMOBILE, ALHEALTH & EDUCATION$10k
BAYSIDE CHURCHMOBILE, ALCHURCH$10k
CAMP RAP-A-HOPEMOBILE, ALCHILDREN'S CAMPS$5k
ELIJAH HOUSEMOBILE, ALPRISON REFORM$5k
MCKEMIE PLACEMOBILE, ALWOMEN'S SHELTER$5k
EDITH MURPHY FOUNDATIONMOBILE, ALHEALTH & EDUCATION$3k
MOBILE HISTORIC DEVELOPMENT COMMISSIONMOBILE, ALHISTORIC PRESERVATION$3k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE FLORENCE FOUNDATION

What does the Board Member of THE FLORENCE FOUNDATION earn?

In 2023, the Board Member of THE FLORENCE FOUNDATION received $16,000 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Mississippi, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE FLORENCE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Mississippi, the 2023 pay of the Board Member at THE FLORENCE FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE FLORENCE FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE FLORENCE FOUNDATION's revenue and expenses?

In 2023, THE FLORENCE FOUNDATION reported $553k in total revenue and $301k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.