Mission
TO MAKE CONTRIBUTIONS FOR THE BENEFIT OF ANY 501(3)(c) SCHOOL
Public Charity
THE LARRY PAYNE FOUNDATION
THE LARRY PAYNE FOUNDATION, of HATTIESBURG, MS, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $268K in revenue, $618K in expenses, $3.5M in total assets. IRS filings disclose 54 grants awarded by this foundation, totaling roughly $991K.
EIN: 640782340
HATTIESBURG, MS
Latest filing: 2025
Total Revenue$268K
Total Expenses$618K
Total Assets$3.5M
Grants Given54
Grant Total$991K
Filing Years2021–2025
Where $100 goes at The Larry Payne Foundation
How The Larry Payne Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$89
Programs
the work itself
$11
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $89 for programs
$89
All contributions are made for the benefit of the university of southern ms, university of ms, university medical school, university of alabama, and various other state supported institutions
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to The Larry Payne Foundation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
EDUCATION
$149,260
UNIV OF MS MEDICAL
EDUCATION
$92,742
EDUCATION
$37,257
EDUCATION
$36,488
SACRED HEART SCHOOL
EDUCATION
$10,125
Showing up to 5 of 54 total records — full history available with membership.
Officers & Directors
DIRECTOR
James L Payne Jr
DIRECTOR
Robert Jackson Sr Atty
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $268K | $618K | $3.5M |
| 2024 | $369K | $494K | $3.9M |
| 2023 | $309K | $215K | $4.0M |
| 2022 | $108K | $225K | $3.9M |
| 2021 | $243K | $160K | $3.6M |
Between 2021 and 2025, reported annual revenue grew from $243K to $268K (+10%), with total assets most recently reported at $3.5M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AL, CA, GA, MS, PA, SC.
ALCAGAMSPASC
Full geographic grant map with state-by-state breakdown available with membership.