Grantmakers › Mississippi

Innovate Mississippi

Jackson, MS · EIN 64-0901569. Reported 61 grants totalling $2,067,614 to 48 organizations across tax years 2020-2024, on Form 990 Schedule I.

48organizations funded
$10,701median reported grant
$2,067,614granted, 2020-2024
23%of grantees funded again the next year
10%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. For Innovate Mississippi, the IRS classifies it under science & technology rather than as a grantmaker (NTEE U022) -- it is an operating charity that also makes grants.
  2. How spread out its giving is. 48 distinct organizations, with 10% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
  3. How much its list changes. 23% of one year's grantees are funded again the next, across 4 year-to-year transitions. That is below the 56% median for grantmaking charities, and well below the 67% median for private foundations. It describes the organizations it already funds, not whether it would consider a new one.

How big are its grants?

The median reported grant is $10,701. Half of what it reported fell between $8,001 and $27,500; the smallest was $5,000 and the largest $120,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$5,000 - $10,000
18 grants
$10,000 - $25,000
19 grants
$25,000 - $50,000
10 grants
$50,000 - $100,000
1 grant
$100,000 - $250,000
13 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
Cobuilders Fund LLCJackson, MS$215,000332024
ConnectvnaJackson, MS$115,000112021
Tribly (fan Space 2)Brandon, MS$110,000222021
The Skin ConsultRidgeland, MS$108,701222022
Shovel Solutions LLCOxford, MS$107,701112021
Ai Control Technologies 2Ocean Springs, MS$100,000112021
Campusknot 2Starkville, MS$100,000112020
DUETT2Starkville, MS$100,000112020
Live Music Network (myset) 2Jackson, MS$100,000112020
MoonshineMadison, MS$100,000112021
Rocketing SystemsStarkville, MS$100,000112020
RumieOxford, MS$100,000112022
Stay Cool BrandsJackson, MS$100,000112020
Rebornc LLCHattiesburg, MS$78,000332024
Tempo LLCStarkville, MS$51,500222023
Sellvntg LLCOxford, MS$47,500222023
Gs Research LLCBay St Louis, MS$38,001332022
Ppx-Tec LLCJackson, MS$32,500112022
Canu LLCBrookhaven, MS$25,000112023
PockitpayMadison, MS$25,000112022
Valtep IncBrandon, MS$25,000112023
Road Rescuers LLCPearl, MS$22,500112022
Total Body Submersion LLCPearl, MS$22,500112022
Humo LLCStarkville, MS$20,701222022
Iresonate CorporationLong Beach, MS$19,201222022
Prospective Vision Solutions LLCVicksburg, MS$17,701222022
Mississippi State UniversityMs State, MS$12,500112021
Coatney Consultants LLCWaveland, MS$10,000112021
DaisnotesUniversity, MS$10,000112020
Dealio (ona Llc)Starkville, MS$10,000112020
Garner HoldingsMadison, MS$10,000112024
Growinlocal (locally Sourced Llc)Clinton, MS$10,000112020
Narratrip LLCLucedale, MS$10,000112022
Tretech IncJackson, MS$10,000112023
UP4GRABS LLCRidgeland, MS$10,000112023
The Magnolia DinerGulfport, MS$8,001112021
Vertecore Technologies LLCCrosby, MS$8,001112021
Hometown WorkforceBiloxi, MS$8,000112021
Natchez Heritage School of CookingNatchez, MS$7,701112021
Quantum Flow IncJackson, MS$7,701112021
Taurean Lioness LLCClinton, MS$7,701112021
Therapy Plus LLCCanton, MS$7,701112021
Yave LLCOxford, MS$7,700112021
Magna Gold OilMeridian, MS$7,500112021
Time Touch Take LLCWaveland, MS$7,334112021
BlueiqHarvard, MA$6,000112024
Bogimme ProductionsIndianola, MS$5,134112021
PomsterKohler, WI$5,134112021

10 of 48 (21%) received money in more than one year over the 5 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

It also reported 1 group of grants to individuals -- scholarships, emergency assistance and similar. Schedule I reports these by category with a headcount and never by name, so there is nothing here we could publish about the recipients even if we wanted to.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 1 of 48 recipients we could match to a registered organization. The categories are the IRS's, not ours -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Philanthropy & Grantmaking
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
202010$549,000$55,000
202124$685,614$7,850
202215$519,500$22,500
20238$150,000$25,000
20244$163,500$18,750

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

99% of its giving went to organizations in Mississippi. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

Mississippi
$2.1M
Massachusetts
$6K
Wisconsin
$5K

Down to the city

Jackson, MS
$580K
Starkville, MS
$382K
Oxford, MS
$263K
Brandon, MS
$135K
Madison, MS
$135K
Ridgeland, MS
$119K

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How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $10,701 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in Mississippi.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Where these numbers come from

Everything above is taken from Innovate Mississippi's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 5 returns (tax years 2020-2024). Grant figures are from its returns. Recipient classifications, the concentration and retention figures and the funders that support the same organizations are our own calculations from them, described in how we build this.

On its most recent return it told the IRS it made grants to 0 section 501(c)(3) organizations and 4 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: 121 North State Street 500, Jackson, MS, 39201.

EIN 64-0901569 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded.

Is something here wrong about your organization? Email hello@funderscope.com and we will correct it.