2026-06-08T11:36:32-04:00 2025-12-31 640933806 WILLIAMS PITTS & BEARD PLLC 2042 MCINGVALE RD STE A HERNANDO MS 386328706 990 2025-01-01 510161757 NORTHWEST MISSISSIPPI COMMUNITY COLLEGE FOUNDATION NORT 6625623944 4975 HIGHWAY 51 N SENATOBIA MS 38668 DR STEPHEN JOE PRESIDENT 6625601103 2026-05-05 REBECCA A BEARD P00230454 6624294436 2026-06-01 2025 2025-03-06 01:10:19Z DR STEPHEN JOE 2068772 false X WWW.NORTHWESTMS.EDU/FOUNDATION X 1975 MS THE NORTHWEST MISSISSIPPI COMMUNITY COLLEGE FOUNDATION (THE FOUNDATION), IS A NON-PROFIT ORGANIZATION LOCATED ON THE NORTHWEST MISSISSIPPI COMMUNITY COLLEGE'S (NWCC) CAMPUS. THE FOUNDATION'S PURPOSE IS TO RAISE FUNDS TO ASSIST NWCC IS PERFORMING ITS MISSION AND TO PROVIDE SCHOLARSHIPS FOR QUALIFYING STUDENTS OF NORTHWEST MISSISSIPPI COMMUNITY COLLEGE. THE FOUNDATION IS A COMPONENT UNIT OF NWCC. THE FOUNDATION RAISES FUNDS BY SEEKING DONATIONS AND SPONSORING FUND-RAISING EVENTS. 22 22 0 0 874404 887113 0 438300 496249 592809 614966 1905513 1998328 652429 744536 0 0 0 454622 1601533 1392525 2253962 2137061 -348449 -138733 16970390 18377945 14543 16084 16955847 18361861 X THE NORTHWEST MISSISSIPPI COMMUNITY COLLEGE FOUNDATION (THE FOUNDATION), IS A NON-PROFIT ORGANIZATION LOCATED ON THE NORTHWEST MISSISSIPPI COMMUNITY COLLEGE'S (NWCC) CAMPUS. THE FOUNDATION'S PURPOSE IS TO RAISE FUNDS TO ASSIST NWCC IS PERFORMING ITS MISSION AND TO PROVIDE SCHOLARSHIPS FOR QUALIFYING STUDENTS OF NORTHWEST MISSISSIPPI COMMUNITY COLLEGE. THE FOUNDATION IS A COMPONENT UNIT OF NWCC. THE FOUNDATION RAISES FUNDS BY SEEKING DONATIONS AND SPONSORING FUND-RAISING EVENTS. false false 1568784 744536 SCHOLARSHIPS AWARDED TO STUDENTS 1568784 true true false false false false false false false true false false false false false false true false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false 0 0 0 false false false false false false false false 22 22 false false false false false false false true true false false false false false false false false false PATTI GORDON 6625603488 4975 HIGHWAY 51 N SENATOBIA MS 38668 X MARTY ALLISON DIRECTOR 0.25 X 0 0 0 JERRY BARRETT EX-OFFICIO X 0 0 0 JIM BECKETT DIRECTOR 0.25 X 0 0 0 HUGH MITCHELL CANNON DIRECTOR 0.25 X 0 0 0 FRED CARLISLE DIRECTOR 0.25 X 0 0 0 THOMAS CLAYTON DIRECTOR 0.25 X 0 0 0 DR ANDREW DALE EX-OFFICIO X 0 0 0 KEVIN DODDRIDGE DIRECTOR 0.25 X 0 0 0 JAMES DUNN DIRECTOR 0.25 X 0 0 0 PATTI GORDON OFFICER/CHAR 40.00 X 0 0 0 CINDY HALE DIRECTOR 0.25 X 0 0 0 MICHAEL J HEINDL SECRETARY 0.25 X X 0 0 0 JEFF HORN EX-OFFICIO X 0 0 0 JEFF HORTON EX-OFFICIO X 0 0 0 CHUCK JACKSON DIRECTOR 0.25 X 0 0 0 DR STEPHEN JOE PRESIDENT 0.25 X X 0 0 0 PERRIN CALDWELL JR DIRECTOR 0.25 X 0 0 0 GARY KORNEGAY TREASURER 0.25 X X 0 0 0 JUDGE JIMMY MCCLURE DIRECTOR 0.25 X 0 0 0 RONNIE MUSGROVE DIRECTOR 0.25 X 0 0 0 NILES NORRIS VICE PRESIDE 0.25 X X 0 0 0 DEBBIE PERKINS DIRECTOR 0.25 X 0 0 0 IKE SAYLE DIRECTOR 0.25 X 0 0 0 PATSY SLEDGE DIRECTOR 0.25 X 0 0 0 DR LORRI WILLIAMSON DIRECTOR 0.25 X 0 0 0 STERLING WITHERS DIRECTOR 0.25 X 0 0 0 false false false 887113 887113 496249 496249 117133 70444 46689 CONTRIBUTED SERVICES 568277 568277 568277 1998328 1064526 744536 744536 402594 80519 322075 147708 29541 118167 14069 2814 11255 EDUCATION SUPPLIES & ACTI 824248 824248 MEALS 3906 781 3125 2137061 1568784 113655 454622 276098 192465 945784 386310 15748508 17799170 16970390 18377945 14543 16084 14543 16084 X 221504 172468 16734343 18189393 16955847 18361861 16970390 18377945 -138733 1544747 568277 X false true true false X 3095737 1298153 990977 874404 887113 7146384 3095737 1298153 990977 874404 887113 7146384 7146384 934181 483000 496249 1913430 9059814 4336592 0.78880 0.85670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14672652 377389 2040996 447754 16643283 13643525 354155 1239959 564987 14672652 12289994 446114 1358181 450764 13643525 14153625 376743 -1844789 395585 12289994 13166357 467025 932227 411984 14153625 false false 2974798 408193 568277 976470 1998328 1998328 2137061 2137061 2137061 SCHEDULE D, PAGE 4, PART XIII THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 419 INDIVIDUAL DONOR- RESTRICTED FUNDS, EACH ESTABLISHED FOR VARIOUS PURPOSES. CONTRIBUTIONS TO THESE FUNDS ARE SUBJECT TO DONOR RESTRICTIONS, WHICH REQUIRE THAT THE ORIGINAL PRINCIPAL BE HELD AND INVESTED INDEFINITELY. THE INCOME GENERATED FROM THESE INVESTMENTS IS USED FOR SCHOLARSHIPS AND RELATED EDUCATIONAL EXPENSES AT NWCC. IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS FROM THESE ENDOWMENT FUNDS ARE CLASSIFIED BASED ON DONOR RESTRICTIONS. THE FOUNDATION ADHERES TO THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA), WHICH CLASSIFIES AMOUNTS IN DONOR-RESTRICTED FUNDS AS NET ASSETS WITH DONOR RESTRICTIONS UNTIL THEY ARE APPROPRIATED FOR EXPENDITURE. THE FOUNDATION MAINTAINS ONLY THE ORIGINAL GIFT AMOUNT UNLESS SPECIFIED OTHERWISE BY THE DONOR. A FUND IS CONSIDERED "UNDERWATER" IF ITS FAIR VALUE IS LESS THAN THE TOTAL OF THE ORIGINAL GIFTS AND REQUIRED ACCUMULATIONS. HOWEVER, UPMIFA ALLOWS SPENDING FROM UNDERWATER FUNDS, PROVIDED THAT IT COMPLIES WITH PRUDENT MEASURES. CURRENTLY, THE FUND IS NOT UNDERWATER. IN MAKING DECISIONS ABOUT WHETHER TO APPROPRIATE OR ACCUMULATE DONOR- RESTRICTED ENDOWMENT FUNDS, THE FOUNDATION EVALUATES THE FOLLOWING FACTORS IN ACCORDANCE WITH UPMIFA: (1) THE DURATION AND PRESERVATION OF THE FUND, (2) THE PURPOSE OF THE DONOR-RESTRICTED ENDOWMENT FUND, (3) GENERAL ECONOMIC CONDITIONS, (4) THE POTENTIAL EFFECTS OF INFLATION AND DEFLATION, (5) THE EXPECTED TOTAL RETURN FROM BOTH INCOME AND INVESTMENT APPRECIATION, (6) OTHER RESOURCES AVAILABLE TO THE FOUNDATION, AND (7) THE FOUNDATION'S INVESTMENT POLICIES. RODEO 53770 53770 34880 2 + 2 GOLF TOUR 33555 33555 19238 1 29808 29808 16326 117133 117133 70444 70444 46689 false SCHOLARSHIPS 744536 FORM 990 - ORGANIZATION'S MISSION THE NORTHWEST MISSISSIPPI COMMUNITY COLLEGE FOUNDATION (THE FOUNDATION), IS A NON-PROFIT ORGANIZATION LOCATED ON THE NORTHWEST MISSISSIPPI COMMUNITY COLLEGE'S (NWCC) CAMPUS. THE FOUNDATION'S PURPOSE IS TO RAISE FUNDS TO ASSIST NWCC IS PERFORMING ITS MISSION AND TO PROVIDE SCHOLARSHIPS FOR QUALIFYING STUDENTS OF NORTHWEST MISSISSIPPI COMMUNITY COLLEGE. THE FOUNDATION IS A COMPONENT UNIT OF NWCC. THE FOUNDATION RAISES FUNDS BY SEEKING DONATIONS AND SPONSORING FUND-RAISING EVENTS. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC