Home » NEWS » Foundation's assets hit historic milestone

Foundation's assets hit historic milestone

JACKSON — The Community Foundation of Greater Jackson ended its 2009-2010 fiscal year with cause to celebrate. Thanks in large part to a bequest from a donor who established a permanent endowment fund through her will, the foundation closed its year with assets in excess of $25 million and awarded grants in excess of $2.3 million.

Foundation president and CEO Doug Boone said, “Ending our 15th fiscal year by reaching this milestone is significant, and the gift that helped us do that is the essence of what the foundation does. It helps us leave behind something that will make a lasting impact on the tri-county area that will help feed a family, clothe a woman looking for a better job, provide art for the community to enjoy, and more.”

The $25-million milestone was reached in part thanks to a bequest from Peggy Huff Harris, who established the Thomas G. Ramey and Peggy Huff Harris Fund and funded it through her estate after she passed away. This endowed fund will award annual grants, forever, to Dress for Success, Guide Dogs for the Blind, Mercy Flights Southeast, Mississippi Food Network, the Mississippi Museum of Art, Mississippi Public Broadcasting and reading programs selected by the foundation’s grants committee.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Wally Northway

Leave a Reply

Your email address will not be published. Required fields are marked *