2026-04-13T10:05:55+00:00 2025-05-31 440160260 Forvis Mazars LLP PO Box 3667 Little Rock AR 722033667 990 2024-06-01 640303086 Mississippi College MISS 6019253206 PO BOX 4051 CLINTON MS 39058 DR BLAKE THOMPSON PRESIDENT 6019253206 2026-04-13 true true Amber Sherrill P00748683 5013721040 2026-04-13 2024 2025-03-06 01:10:19Z DR BLAKE THOMPSON PO BOX 4051 CLINTON MS 39058 150735719 false X https://www.mc.edu X 1826 MS MISSISSIPPI COLLEGE SEEKS TO BE KNOWN AS A UNIVERSITY RECOGNIZED FOR ACADEMIC EXCELLENCE AND COMMITMENT TO THE CAUSE OF CHRIST. 33 29 1570 50 37226 0 9103226 13025779 102174894 110707719 6900500 16417460 375661 297647 118554281 140448605 42562892 47765023 0 44513730 43575455 39000 36000 1713833 38825091 39023865 125940713 130400343 -7386432 10048262 273930206 279583852 47213614 45535788 226716592 234048064 MISSISSIPPI COLLEGE IS A PRIVATE, CO-EDUCATIONAL, COMPREHENSIVE UNIVERSITY OF LIBERAL ARTS AND SCIENCES AND PROFESSIONAL STUDIES DEDICATED TO THE PURSUIT OF ACADEMIC EXCELLENCE. FOUNDED IN 1826, MISSISSIPPI COLLEGE IS THE OLDEST INSTITUTION OF HIGHER LEARNING AND THE LARGEST PRIVATE UNIVERSITY IN THE STATE OF MISSISSIPPI. (CONTINUED ON SCHEDULE O) false false 104786935 47765023 88198809 EDUCATIONAL AND GENERAL EXPENSES: INSTRUCTION IS PROVIDED TO MORE THAN 5,000 STUDENTS WITH UNDERGRADUTATE, GRADUATE AND DOCTORAL PROGRAMS AND DEGREES. THE UNIVERSITY IS COMMITTED TO EXCELLENCE AND INNOVATION IN TEACHING AND LEARNING. TUITION AND FEE REVENUE ARE USED TO PAY SALARIES OF FACULTY AND STAFF AND PROVIDE TEACHING FACILITIES AND NECESSARY SUPPLIES. GRANTS: THE UNIVERSITY AWARDED OVER $47 MILLION IN FINANCIAL AID TO STUDENTS DURING THE 2024-2025 AID YEAR AND MADE OVER $75,000 IN GRANTS TO ORGANIZATIONS THAT SUPPORT STUDENT MINISTRIES ON CAMPUS. 9988140 0 22508910 AUXILIARY ENTERPRISES: THE UNIVERSITY PROVIDES A NUMBER OF SERVICES THAT SUPPORT LEARNING, BUILD COMMUNITY AND ENHANCE THE OVERALL QUALITY OF STUDENT LIFE. THESE INCLUDE, BUT ARE NOT LIMITED TO, RESIDENTIAL HOUSING, DINING, BOOKSTORE AND MAIL SERVICES. 114775075 true true false false false false false true true true true true false false true false false true true false true false true true false false false true true true true false false false false false false true false false false false false false false false true true true false false true X 128 0 true 1570 true true true true UK false false false true true false false false false false false X 33 29 true false false false false false false true true false false false false true true true true true true true false false X LAURA JACKSON CFO 6019253865 200 S CAPITOL STREET CLINTON MS 39056 AMANDA ALEXANDER-TAYLOR TRUSTEE,SECRETARY 1.0 0.0 X X 0 0 0 BILL SONES VICE CHAIRMAN 1.0 0.0 X X 0 0 0 JANE HEDERMAN SECRETARY till 12/31/2024 1.0 0.0 X X 0 0 0 RONNIE FALVEY CHAIRMAN 1.0 0.0 X X 0 0 0 ART STEVENS TRUSTEE 1.0 0.0 X 0 0 0 BARRY CORBETT TRUSTEE 1.0 0.0 X 0 0 0 BOB WALLER TRUSTEE 1.0 0.0 X 0 0 0 CHIP STEVENS TRUSTEE 1.0 0.0 X 0 0 0 CONG GREGG HARPER TRUSTEE 1.0 0.0 X 0 0 0 DAVID ELDRIDGE TRUSTEE 1.0 0.0 X 0 0 0 DEBBIE RICE TRUSTEE 1.0 0.0 X 0 0 0 DR BRIAN CRAWFORD TRUSTEE 1.0 0.0 X 0 0 0 DR CHAD ALTMYER TRUSTEE 1.0 0.0 X 0 0 0 DR EDDIE DONAHOE TRUSTEE 1.0 0.0 X 0 0 0 DWAYNE PICKETT TRUSTEE 1.0 0.0 X 0 0 0 GARY WATTS TRUSTEE 1.0 0.0 X 0 0 0 JEFF HOLLAND TRUSTEE 1.0 0.0 X 0 0 0 JUDGE TOM LEE TRUSTEE 1.0 0.0 X 0 0 0 KEN WEATHERSBY TRUSTEE 1.0 0.0 X 0 0 0 LA'VERNE EDNEY TRUSTEE 1.0 0.0 X 0 0 0 MARJORIE LENOIR TRUSTEE 1.0 0.0 X 0 0 0 OSCAR MISKELLY TRUSTEE 1.0 0.0 X 0 0 0 PAUL MOAK JR TRUSTEE 1.0 0.0 X 0 0 0 PERCY THORNTON TRUSTEE 1.0 0.0 X 0 0 0 RALPH BARNES TRUSTEE 1.0 0.0 X 0 0 0 ROBERT WATSON TRUSTEE 1.0 0.0 X 0 0 0 RONNIE SMITH TRUSTEE 1.0 0.0 X 0 0 0 ROY FOUNTAIN TRUSTEE 1.0 0.0 X 0 0 0 SUSAN FORTENBERRY TRUSTEE 1.0 0.0 X 0 0 0 TINA FULCHER TRUSTEE 1.0 0.0 X 0 0 0 TONY HUFFMAN TRUSTEE 1.0 0.0 X 0 0 0 TONY STRINGER TRUSTEE 1.0 0.0 X 0 0 0 WALLEY HENRY TRUSTEE 1.0 0.0 X 0 0 0 JAMES B THOMPSON PRESIDENT 40.0 0.0 X 325102 0 65766 LAURA JACKSON CFO/COO 40.0 0.0 X 195000 0 13650 MIKE HIGHFIELD EXEXUTIVE VP, PROVOST 40.0 0.0 X 271613 0 38414 VAN K JONES CHIEF INFORMATION OFFICER 40.0 0.0 X 112692 0 25794 WILLIAM R TOWNSEND VP & GENERAL COUNSEL 40.0 0.0 X 187569 0 27406 JOHN P ANDERSON DEAN LAW SCHOOL 40.0 0.0 X 256593 0 47111 MARCELO L EDUARDO DEAN BUSINESS SCHOOL 40.0 0.0 X 220638 0 30858 STANLEY A BALDWIN DEAN SCHOOL OF MATH & SCIENCE 40.0 0.0 X 212054 0 33147 DONALD E CAMPBELL FACULTY 40.0 0.0 X 146856 0 12578 JUDITH JOHNSON FACULTY 40.0 0.0 X 146186 0 17747 KEITH ELDER PROVOST UNTIL 03/08/2024 40.0 0 X 177980 0 4309 PHILLIP L MCINTOSH FACULTY 40.0 0.0 X 145273 0 35200 STEVEN D MULHOLLEN FACULTY 40.0 0.0 X 146724 0 10232 2544280 0 362212 60 false true false ALLIANT CONSTRUCTION PO BOX 1639 JACKSON MS 39058 GENERAL CONTRACTORS 5479842 MMI DINING SYSTEMS 200 S CAPITOL ST CLINTON MS 39056 FOOD SERVICES 5291096 ACADEMIC PARTNERSHIPS 600 N PEARL STREET STE 900 DALLAS TX 75201 MARKETING SERVICES 1196647 PREWITT CONTRACT SERVICES INC 200 S CAPITOL STREET CLINTON MS 39058 CLEANING SERVICES 1040355 COOKE DOUGLASS FARR LEMONS PA 3221 OLD CANTON RD SUITE 200 JACKSON MS 39216 GENERAL CONTRACTOR 427056 48 1109158 11916621 13025779 Tuition & Fees 611600 86132766 86132766 Auxiliary Services 611710 22508910 22508910 Other Program Revenue 611710 2066043 2066043 0 0 0 0 110707719 2247658 -98 2247756 362230 37324 101907 260323 37324 297647 37324 260323 24303204 51805 10185207 14117997 51805 14169802 14169802 0 0 0 0 0 140448605 110707719 37226 16677881 75358 75358 47257504 47257504 432161 432161 1854124 842341 1011783 8190 6831 1186 173 32645559 27231411 4726471 687677 3641969 3037962 527290 76717 2967055 2474980 429574 62501 2458558 2050815 355954 51789 53988 53988 136528 136528 36000 36000 279450 279450 10483044 8744469 1517750 220825 94366 78716 13662 1988 3158966 2635063 457360 66543 862260 719258 124839 18163 3677284 3067420 532402 77462 2138336 1783701 309591 45044 15279 15279 743844 620480 107695 15669 7255003 6051787 1050390 152826 1056789 1056789 Repair and Maintnenance 1451325 1210628 210125 30572 Bad Debt Expense 508993 424578 73693 10722 Dues & Subscriptions 397640 331693 57571 8376 Accreditation expnese 64291 53629 9308 1354 6646479 5590302 922024 134153 130400343 114775075 13911435 1713833 34533772 31893587 2325154 2162156 2375510 6328506 583774 1353980 0 0 0 0 0 3950 7251 59652 236314522 126394903 106728118 109919619 40534105 41711569 74719667 73346449 929114 1019284 11193741 11785100 273930206 279583852 5549761 5607311 1387994 2561828 16953471 16015851 306440 307551 0 0 6077428 5188598 16938520 15854649 47213614 45535788 X 91274450 86810354 135442142 147237710 226716592 234048064 273930206 279583852 X 10048262 -3876914 1160124 X false true true true true X 15869096 17482565 8175446 9103226 13025779 63656112 0 0 15869096 17482565 8175446 9103226 13025779 63656112 12965974 50690138 1510106 1864589 3167258 3015520 2609986 12167459 27334 30394 26789 31900 33074 149491 0 0 0 0 0 0 75973062 492700674 0.66721 0.62045 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1536756 X X X false false true X 105130146 1162278 7852580 3495736 110649268 90838702 475573 17195804 3379933 105130146 93536425 568236 -7775 3258184 90838702 99527049 813941 -3393277 3411288 93536425 81138471 373503 20476991 2461916 99527049 0.0 0.67 0.33 true false 6572158 6572158 204130157 111309473 92820684 11474194 6968590 4505604 10612912 8116840 2496072 3525101 0 3525101 109919619 Closely-held equity interests Financial derivatives MULTI STRATEGY BOND FUND 8706637 F MULTI STRATEGY EQUITY FUND 63163523 F PRIVATE EQUITY FUND 24176 F INVESTMENTS HELD BY OTHERS 702521 F OTHER INVESTMENTS 749592 F 73346449 Federal Income Taxes ANNUITY OBLIGATIONS OTHER LIABILITIES Annuity Obligations 30042 Other Liabilities 15824607 15854649 89786473 -3876914 1262031 -2614883 92401356 279450 47767799 48047249 140448605 82455001 101907 101907 82353094 279450 47767799 48047249 130400343 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED ITS INCOME TAX POSITIONS UNDER GUIDANCE INCLUDED IN ASC 740. BASED ON ITS REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections THE GORE GALLERY HOUSES BOTH PERMANENT AND ONGOING ART EXHIBITS AND IS OPEN TO UNIVERSITY STUDENTS AND THE PUBLIC. LOCAL ELEMENTARY AND JUNIOR HIGH PUBLIC SCHOOLS ALSO OFTEN VISIT THE GALLERY. THE GALLERY SUPPORTS THE MISSION OF THE UNIVERSITY BY PROVIDING VALUABLE EXPOSURE TO THE ARTS FOR OUR STUDENTS AND WORKING TO PRESERVE THE ARTS FOR FUTURE GENERATIONS. Schedule D, Part IV, Line 2b Explanation of escrow agreement THE COLLEGE HOLDS FUNDS FOR VARIOUS STUDENT CLUBS AND ORGANIZATIONS (AGENCY FUNDS). Schedule D, Part V, Line 4 Intended uses of endowment funds THE COLLEGE'S ENDOWMENT FUNDS ARE HELD IN PERPETUITY IN ORDER TO PROVIDE A LONG-TERM SOURCE OF INCOME THAT CAN BE USED TO PROVIDE STUDENT SCHOLARSHIPS AND ACADEMIC DEPARTMENTAL SUPPORT. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 EQUITY INCOME IN HEATHPLEX - 320049 CHANGE IN ADDITIONAL MINIMUM PENSION LIABILITY - 798097 RENTAL EXPENSES - 101907 CHANGE IN VALUE SPLIT INTEREST - 41978 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements TUITON DISCOUNTS SHOWN NET OF TUTION ON FINANCIALS - 47763666 LOAN FUND EXPENSES - 4133 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expense - 101907 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements TUITON DISCOUNTS SHOWN NET OF TUTION ON FINANCIALS - 47763666 LOAN FUND EXPENSES - 4133 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE COLLEGE PRESENTS THE SCHOOL'S NONDISCRIMINATORY POLICY IN THE TITLE IX SECTION OF ITS WEBSITE. THE STATEMENT IS ALSO PUBLISHED ON AN ANNUAL BASIS IN THE CLARION LEDGER, A HINDS COUNTY, MS NEWSPAPER Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE ORGANIZATION RECEIVES TITLE IV FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION, STATE OF MISSISSIPPI STUDENT GRANTS, AND RESEARCH GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES. ALL ASSISTANCE IS RELATED TO THE STUDENTS OR THE FURTHERANCE OF THE EDUCATIONAL MISSION OF THE INSTITUTION. true Central America and the Caribbean 0 0 Grantmaking 31280 East Asia and the Pacific 0 0 Grantmaking 17750 Europe (Including Iceland and Greenland) 0 0 Grantmaking 229123 Middle East and North Africa 0 0 Grantmaking 6750 North America (Canada & Mexico only) 0 0 Grantmaking 22507 Russia and Neighboring States 0 0 Grantmaking 2500 South America 0 0 Grantmaking 49625 South Asia 0 0 Grantmaking 42751 Sub-Saharan Africa 0 0 Grantmaking 29875 Europe (Including Iceland and Greenland) 0 0 PASSIVE INVESTMENTS 93004 Europe (Including Iceland and Greenland) 0 0 Program Services EDUCATIONAL CLASSES 163663 0 0 0 0 0 0 688828 0 688828 TUITION ASSISTANCE Europe (Including Iceland and Greenland) 26 229123 CASH TUITION ASSISTANCE Middle East and North Africa 4 6750 CASH TUITION ASSISTANCE North America (Canada & Mexico only) 6 22507 CASH TUITION ASSISTANCE Russia and Neighboring States 1 2500 CASH TUITION ASSISTANCE South America 7 49625 CASH TUITION ASSISTANCE South Asia 25 42751 CASH TUITION ASSISTANCE Sub-Saharan Africa 10 29875 CASH TUITION ASSISTANCE Central America and the Caribbean 4 31280 CASH TUITION ASSISTANCE East Asia and the Pacific 5 17750 CASH false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds SCHOLASHIPS ARE VERY SELDOM PAID IN CASH. THE SCHOLARSHIPS(WITH THE EXCEPTION OF A FEW SMALL HONORS DAY AWARDS) ARE PLACED DIRECTLY ON THE STUDENTS' ACCOUNTS AND THE SCHOLARSHIPS NEVER EXCEED THE TOTAL COST OF CHARGES. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN -Accrual EAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual MIDDLE EAST AND NORTH AFRICA -Accrual NORTH AMERICA (CANADA & MEXICO ONLY) -Accrual RUSSIA AND NEIGHBORING STATES -Accrual SOUTH AMERICA -Accrual SOUTH ASIA -Accrual SUB-SAHARAN AFRICA -Accrual X X X X X X X true PHILANTHROCORP INC PLANNED GIV false 0 36000 -36000 0 36000 -36000 CT DC GA AL KY LA MS MO NJ NY NC OK SC TN TX VA AR WV Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses PHILANTHROCORP INC.--36000; true Fellowship of Christian Athletes 8701 LEEDS ROAD KANSAS CITY MO 64129 440610626 501(C)(3) 35000 0 N/A N/A ON-CAMPUS MINISTRY Intervarsity Christian Fellowship PO BOX 7895 MADISON WI 53907 362171714 501(C)(3) 15000 0 N/A N/A ON-CAMPUS MINISTRY Reformed University Ministries 1700 N BROWN RD STE 104 LAWRENCEVILLE GA 30043 237366967 501(C)(3) 25000 0 N/A N/A ON-CAMPUS MINISTRY 3 0 TUITION DISCOUNTS/SCHOLARSHIPS 2711 47257504 0 N/A N/A Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds MONIES GIVEN TO THESE ORGANIZATIONS ARE FOR THE SUPPORT OF ORGANIZATIONS THAT THE COLLEGE ADMINISTRATION BELIEVES IS WORTHY OF THEIR SUPPORT. THE USE OF THE FUNDS IS MONITORED IN THAT THE COLLEGE KNOWS THAT THE SPECIFIC INDIVIDUALS WHO WORK FOR THOSE ORGANIZATIONS ARE ON THE COLLEGE'S CAMPUS MINISTERING TO STUDENTS. REGARDING SCHOLARSHIPS, THESE ARE VERY SELDOM PAID IN CASH. THE SCHOLARSHIPS (WITH THE EXCEPTION OF A FEW SMALL HONORS DAY AWARDS) ARE PLACED DIRECTLY ON THE STUDENTS' ACCOUNTS AND THE SCHOLARSHIPS NEVER EXCEED THE TOTAL COSTS CHARGES. X X X X true true X X X X X true true false false false false false false false JAMES B THOMPSON PRESIDENT 325102 0 0 0 0 0 48300 0 17466 0 390868 0 0 0 MIKE HIGHFIELD EXEXUTIVE VP, PROVOST 271613 0 0 0 0 0 20023 0 18391 0 310027 0 0 0 LAURA JACKSON CFO/COO 195000 0 0 0 0 0 13650 0 0 0 208650 0 0 0 WILLIAM R TOWNSEND VP & GENERAL COUNSEL 184471 0 0 0 3098 0 18902 0 8504 0 214975 0 0 0 JOHN P ANDERSON DEAN LAW SCHOOL 256593 0 0 0 0 0 24749 0 22362 0 303704 0 0 0 MARCELO L EDUARDO DEAN BUSINESS SCHOOL 220638 0 0 0 0 0 22504 0 8354 0 251496 0 0 0 STANLEY A BALDWIN DEAN SCHOOL OF MATH & SCIENCE 212054 0 0 0 0 0 21944 0 11203 0 245201 0 0 0 KEITH ELDER PROVOST UNTIL 03/08/2024 47980 0 0 0 130000 0 3298 0 1011 0 182289 0 0 0 STEVEN D MULHOLLEN FACULTY 146724 0 0 0 0 0 10147 0 85 0 156956 0 0 0 PHILLIP L MCINTOSH FACULTY 145273 0 0 0 0 0 15676 0 19524 0 180473 0 0 0 JUDITH JOHNSON FACULTY 146186 0 0 0 0 0 10493 0 7254 0 163933 0 0 0 DONALD E CAMPBELL FACULTY 146856 0 0 0 0 0 11637 0 941 0 159434 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE PAYMENTS DESCRIBED ARE ONLY MADE TO THE PRESIDENT. THEY ARE ALL SPECIFICALLY DETAILED IN HIS EMPLOYMENT CONTRACT WHICH IS APPROVED BY THE BOARD OF TRUSTEES. THE PRESIDENT OF THE COLLEGE IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE AS WELL AS HOUSEKEEPING SERVICES. THIS RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED AND AS A CONDITION OF EMPLOYMENT AS PRESIDENT OF THE COLLEGE. THE PRESIDENT'S RESIDENCE SHALL BE AVAILABLE, AND SHALL BE USED, FOR COLLEGE-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. THE COLLEGE PAYS FOR CLUB DUES FOR THE PRESIDENT SO THAT HE CAN INTERACT WITH DONORS OF THE COLLEGE. THESE BENEFITS ARE NONTAXABLE. THE PRESIDENT ALSO HAS AN ARRANGEMENT WITH THE COLLEGE WHEREBY HIS DEFERRED COMPENSATION IS TO BE RECEIVED NET OF TAXES WITH THE TAXES BEING PAID BY THE COLLEGE ON HIS BEHALF. THIS DEFERRED COMPENSATION PLAN BECOMES FULLY VESTED ON 6/30/2028. Schedule J, Part I, Line 4a Severance or change-of-control payment Keith Elder was paid a severance payment on 3/8/2024 in the amount of $130,000. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE PRESIDENT OF THE COLLEGE PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THAT VESTS ON 6/30/2028. A MISSISSIPPI BUSINESS FINANCE CORPORATION 640679132 000000000 2021-07-02 15700000 2021 Series: REFUND 2015 BONDS AND IMPROVEMENTS false false false B Mississippi Business Finance Corporation 640679132 000000000 2024-01-24 4260000 2024 Series: MISSISSIPPI COLLEGE CAPITAL IMPROVEMENTS PROJECT false false false A 3578896 0 15700000 0 0 0 169800 0 0 0 15530200 0 true false true true B 7500 0 4260000 0 0 0 85200 0 0 2942892 0 1231908 false false true true A false false false false false false 0.0 0.0 0.0 false false 0 false false B false false false false false false 0.0 0.0 0.0 false false 0 false false A false true false false false false 0 false false false 0 false false false B false true false false false false 0 false false false 0 false false false A false B false Schedule K, Part I, Column (a) THE 2021 SERIES BONDS ARE REPORTED AS OF THE ISSUE DATE OF 7/2/2021. NA N/A 155209 MERIT SCHOLARSHIPS EDUCATIONAL SCHOLARSHIPS Form 990, Part III, Line 1 AS A CHRISTIAN INSTITUTION, MISSISSIPPI COLLEGE VALUES THE INTEGRATION OF FAITH AND LEARNING THROUGHOUT THE EDUCATIONAL PROCESS. MISSISSIPPI COLLEGE STIMULATES THE INTELLECTUAL DEVELOPMENT OF ITS STUDENTS THROUGH THE LIBERAL ARTS AND SCIENCES AND CONCENTRATED STUDY IN SPECIALIZED FIELDS, INCLUDING PRE-PROFESSIONAL AND PROFESSIONAL PROGRAMS. FURTHERMORE, THE UNIVERSITY ENVIRONMENT PROMOTES THE SPIRTUAL, SOCIAL, EMOTIONAL, AND PHYSICAL DEVELOPMENT OF ITS STUDENTS AND ENCOURAGES THEM TO UTILIZE THEIR SKILLS, TALENTS, AND ABILITIES AS THEY PURSUE MEANINGFUL CAREERS, LIFE-LONG LEARNING AND SERVICE TO GOD AND OTHERS. Form 990, Part VI, Line 2 CHIP STEVENS AND ART STEVENS HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Line 11b Review of form 990 by governing body THE RETURNS ARE REVIEWED BY THE CONTROLLER AND THE CFO. FOR PRIVACY PURPOSES, THE COLLEGE'S AUDIT COMMITTEE AND FULL BOARD OF TRUSTEES ONLY RECEIVE A PUBLIC DISCLOSURE COPY OF THE 990 FOR THEIR REVIEW. DUE TO THE TIMING OF THE FILING, THE BOARD REVIEW WILL OCCUR AFTER THE SUBMISSION TO THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy ANNUALLY EACH BOARD MEMBER, OFFICER OR KEY EMPLOYEE IS REQUIRED TO SIGN A STATEMENT INDICATING THAT HE/SHE HAD READ THE COLLEGE'S CONFLICT OF INTEREST POLICY AND DISCLOSED ALL POSSIBLE CONFLICTS. THESE STATEMENTS ARE THEN REVEIWED BY THE AUDIT COMMITTEE. DURING THE YEAR, IF THE AUDIT COMMITTEE DETERMINES THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST, THE CONFLICT IS DISCLOSED TO THE FULL BOARD AND THE SPECIFIC MEMBER WITH THE CONFLICT IS REQUIRED TO RECUSE HIMSELF/HERSELF FROM ANY DECISION MAKING INVOLVEMENT RELATED TO THE ISSUE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD'S EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIRMAN OF ALL BOARD COMMITTEES. THE EXECUTIVE COMMITTEE USED DATA FROM COMPARABLE UNIVERSITIES TO DETERMINE COMPENSATION. THE PRESIDENT HAS A WRITTEN CONTRACT COVERING ALL FORMS OF COMPENSATION. COMPENSATION FOR OTHER TOP MANAGEMENT OFFICIALS, OFFICERS, AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. SALARY DATA FROM OTHER LIKE SIZE INSTITUTIONS IS USED FOR COMPARISON IN DETERMINING SALARY LEVELS. ALL OFFICERS AND KEY EMPLOYEES' SALARIES ARE INCLUDED IN THE UNIVERSITY BUDGET WHICH IS APPROVED BY THE BOARD OF TRUSTEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees ALL OFFICERS AND KEY EMPLOYEES' SALARIES ARE INCLUDED IN THE UNIVERSITY BUDGET WHICH IS APPROVED BY THE BOARD OF TRUSTEES. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances EQUITY INCOME IN HEALTHPLEX - 320049; CHANGE IN ADDITIONAL MINIMUM PENSION LIABILITY - 798097; Change in Value of Split Interests - 41978; Total - 1160124; MISSISSIPPI COLLEGE FOUNDATION 200 S CAPITAL ST 4121 CLINTON MS 39056 200058235 ADVISORY MGMT MS 501(c)(3) 7 MC true MISSISSIPPI COLLEGE PROPERTY DEVELOPMENT 200 S CAPITAL ST 4121 CLINTON MS 39056 452406542 SUPPORT ORG MS 501(c)(3) Type I MC true THE BAPTIST HEALTHPLEX INC 102 NEW PROSPECT STREET CLINTON MS 39058 640900902 HLTH/FITNESS MS 501(c)(3) 10 NA true CHARITABLE REMAINDER TRUST PO BOX 4051 CLINTON MS 39058 TRUST MS MC Trust 0 0 0 true MARY SHIPP TRUST 2751 CENTERVILLE ROAD WILMINGTON DE 19808 136052973 CHARITABLE TX MC Trust 2767 551042 0.588 true false false false false false false false false false false false false false false false true false false false Baptist Healthplex P 391163 FMV