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The Small Business Capital Fund of MS is a nonprofit organization dedicated to stimulating and fostering economic development by providing education, mentoring, and assistance to the minority business community in Mississippi in obtaining loans. With an operating budget of $243.8K and total revenue of $254K in 2019, the organization relies heavily on a significant funding source, with one unknown funder contributing $600K, which constitutes a substantial portion of its revenue. The organization focuses on empowering entrepreneurs and enhancing the economic landscape for minority-owned businesses in the region.
Mission Statement
To stimulate and foster economic dev. by providing eduation, mentoring and assisting the minoriy business community in obtaining loans
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION
$600K
33%
Frequently Asked Questions
What is SMALL BUSINESS CAPITAL FUND OF MS’s budget?
In 2019, SMALL BUSINESS CAPITAL FUND OF MS reported an annual operating budget of around $244 thousand. More detailed financial information is available to registered users.
What causes does SMALL BUSINESS CAPITAL FUND OF MS support?
SMALL BUSINESS CAPITAL FUND OF MS supports work in Entrepreneurship.
Where does SMALL BUSINESS CAPITAL FUND OF MS operate?
SMALL BUSINESS CAPITAL FUND OF MS is headquartered in JACKSON, MS.
Who funded SMALL BUSINESS CAPITAL FUND OF MS recently?
In 2021, SMALL BUSINESS CAPITAL FUND OF MS received grants from APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SMALL BUSINESS CAPITAL FUND OF MS received in 2021?
The largest grant to SMALL BUSINESS CAPITAL FUND OF MS in 2021 exceeds $200 thousand.