2023-08-02T11:52:26-07:00 2022-12-31 640433645 Ellis & Hirsberg CPA PLLC PO Box 400 Clarksdale MS 38614 990 2022-01-01 646167983 MR & MRS E H SUMNERS FOUNDATION MR&M 6017908156 1020 HIGHLAND COLONY PARKWAY 200 RIDGELAND MS 39157 REGINA FOWLER Foundation Manager 2023-08-03 true REGINA FOWLER 999009999 true Sidney Maxey P00186672 6626244332 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z REGINA FOWLER 1020 HIGHLAND COLONY PARKWAY 200 RIDGELAND MS 39157 16926990 false X N/A X 1977 MS Net income is distributed 3 times a year to 5 institutions of higher learning. Each institution administers the trust funds through its financial aid office under policy set by the scholarship committee of each institution in making educational grants to students. 2 0 0 0 0 0 8432006 3461631 -122722 37302 8309284 3498933 4318087 3268937 0 0 0 0 803836 755228 5121923 4024165 3187361 -525232 72595869 72070637 0 72595869 72070637 Net income is distributed 3 times a year to 5 institutions of higher learning. Each institution administers the trust funds through its financial aid office under policy set by the scholarship committee of each institution in making educational grants to students. false false 3268937 3268937 All net income is distributed 3 times a year to 5 institutions of higher learning. Each institution administers the trust funds through its financial aid office under policy set by the scholarship committee of each institution in making educational grants to students. 3268937 true false false false false false false false false false true false false false false false false false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 2 0 false false false false false false false false false false false true false false false false false false X REGIONS BANK 6017908156 210 EAST CAPITOL JACKSON MS 39201 X REGIONS BANK - TRUSTEE Trustee 0.00 0.00 X 0 0 494354 REGINA FOWLER Foundation Mgr. 0.00 0.00 X 0 0 0 494354 0 false true false HARRY SUMNERS ATTORNEY AT LAW LEGAL 249974 1 0 0 1781452 1781452 0 0 111639 74337 37302 37302 37302 15033899 13353720 1680179 1680179 1680179 0 0 0 0 3498933 3498933 3268937 3268937 0 0 0 0 0 0 0 0 0 0 249974 249974 10900 10900 0 0 494354 494354 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4024165 3268937 755228 0 0 869656 1754408 0 0 0 0 0 0 0 5061562 5061562 5061562 66664651 65254667 0 0 0 0 72595869 72070637 0 0 X 12631893 12631893 59963976 59438744 72595869 72070637 72595869 72070637 -525232 X false false false X X 5 UNIVERSITY OF MISSISSIPPI 237310293 2 true 980681 0 UNIVERSITY OF MS MEDICAL SCHOOL 646008520 2 true 653787 0 MISSISSIPPI STATE UNIVERSITY 640410581 2 true 980681 0 MILLSAPS COLLEGE 640303084 2 true 326894 0 HOLMES COMMUNITY COLLEGE 646011102 2 true 326894 0 5 3268937 0 true false false false false false false false false false false false false false false true false false 142163 19722 0 1902800 1873369 2044963 1893091 0 803836 755228 0 1241127 1137863 65006139 65959659 934488 1312032 0 65940627 67271691 0 0 65940627 67271691 989109 1009075 64951518 66262616 2273303 2319192 0 2273303 2319192 1241127 1054958 2273303 2273303 0 2273303 3268937 0 755228 0 0 0 4024165 4024165 2273303 1.00000 2273303 0 2428041 2532684 2440112 4828972 5121923 17351732 0 2273303 154738 14923691 4024165 0 4024165 0 0 18947856 2532684 2440112 4828972 5121923 4024165 Part IV, Section D, Line 2: Organizaiton Maintained A Relationship with Supported Orgs. THERE IS NO BOARD OR GOVERNING BODY FOR THIS FOUNDATION. THE TRUST AGREEMENT SPELLS OUT EXACTLY WHAT IS REQUIRED OF REGIONS BANK, THE TRUSTEE FOR THE FOUNDATION. THE FOLLOWING INFORMATION IS AN EXPLANATION OF THAT PROCESS: (1)ALL OF THE NET INCOME OF THE TRUST IS DISTRIBUTED THREE TIMES A YEAR TO THE INSTITUTIONS OF HIGHER LEARNING BASED ON A RATIO PRESCRIBED IN THE TRUST AGREEMENT.(2)EACH INSTITUTION ADMINISTERS THE TRUST FUNDS THROUGH ITS STUDENT FINANCIAL AID OFFICE UNDER POLICY SET BY THE SCHOLARSHIP COMMITTEE OF EACH INSTITUTION IN MAKING EDUCATIONAL GRANTS TO STUDENTS IN CONFORMITY WITH THE TRUST AGREEMENT.(3)ONLY STUDENTS FROM ATTALA, CARROLL, CHOCTAW, MONTGOMERY & WEBSTER COUNTIES IN MS. WITH A DESIRE FOR A HIGHER EDUCATION AND POTENTIAL ABILITY TO BENEFIT FROM SUCH EDUCATION, ARE ELIGIBLE FOR THE AWARDS.(4) THE RECIPIENTS MUST MAINTAIN A REQUIRED SCHOLASTIC LEVEL TO CONTINUE RECEIVING AWARDS EACH SEMESTER. (5) EACH OF THE INSTITUTIONS MAKE RESIDENCY DETERMINATIONS BASED UPON MS. STATUTORY LAW, JUDICIAL OPINIONS AND ATTORNEY GENERAL RULINGS THAT ADDRESS RESIDENCE FOR TUITION PURPOSES AT STATE INSTITUTIONS OF HIGHER LEARNING. THE COMMITTEE ON RESIDENCY OF EACH INSTITUTION REVIEWS THE APPLICATIONS OF STUDENTS AND USES VARIOUS METHODS WITHIN THE FRAMEWORK OF THE LAW TO VERIFY THE RESIDENCY AND ELIGIBILITY OF THE APPLICANTS. 5061562 5061562 5061562 true HOLMES COMMUNITY COLLEGE PO BOX 398 GOODMAN MS 39079 646011102 326894 0 EDUCATIONAL MILLSAPS COLLEGE 1701 N STATE ST JACKSON MS 39210 640303084 326894 0 EDUCATIONAL MISSISSIPPI STATE UNIVERSITY PO BOX 9730 STARKVILLE MS 39762 640410581 980681 0 EDUCATIONAL UNIV OF MS MEDICAL SCHOOL 2500 N STATE ST JACKSON MS 39216 646008520 653787 0 EDUCATIONAL UNIVERSITY OF MS 31 LIBRARY LANE OXFORD MS 38655 237310293 980681 0 EDUCATIONAL 5 0 false false false false false false false false false Form 990, Part VI, Section B, Line 11b ONCE THE FORM 990 HAS BEEN COMPLETED BY THE CPA, IT IS MAILED TO REGINA FOWLER, WHO IS A TRUST OFFICER & VICE PRESIDENT FOR REGIONS BANK. SHE REVIEWS THE TAX RETURN AND THEN SIGNS AND MAILS THE ELECTRONIC AUTHORIZATION FORM BACK TO US SO THAT THE FORM 990 CAN BE ELECTRONICALLY FILED. Form 990, Part VI, Section C, Line 19 No documents available to the public.