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					                Housing
             OF & equity
TO THE NEEDS race OUR
                 wealth
              Health
                 poverty
                nonprofits
              leadership
                   2006
       A year of
DESPERATION.
A year of
HOPE & DETERMINATION.




                        A year like   NO OTHER.
Dear Friends of the Mid South,

We are pleased to present this year in review for 2006—a              MISSION
year certainly like no other in the Foundation’s history. In
my first year as president, I have witnessed the important role
                                                                   The Foundation for the Mid
                                                                   South invests in people
that the Foundation for the Mid South (FMS) serves in our
                                                                   and strategies that build
region. We acted immediately to the needs of our fellow Mid
                                                                   philanthropy and promote
Southerners after Hurricanes Katrina and Rita by providing         racial, social, and economic
$9 million in grants for recovery and relief. We believe that      equity in Arkansas, Louisiana,
we received this unprecedented outpouring of generosity from and Mississippi.
around the globe because of our solid 16-year track record in
the Mid South; our approach to working with and supporting local, community-based nonprofits;
and our vision of a Mid South where race, social status, or location does not play a key factor in
determining the quality of life for an individual or a family.

By emphasizing the importance of working across the barriers that divide us in order to create a
more inclusive and prosperous region, we seek to strengthen our partners—nonprofits, foundations,
and community leaders—from the smallest rural towns to the largest urban areas. Our strategy is
simple: (1) support and expand the ability of our community and nonprofit leadership to form their
own solutions to their problems, and (2) help them succeed.

The Foundation for the Mid South has proven and will continue to be a creative and flexible
resource in the region to tackle many of our persistent and entrenched problems. I hope that this
brief overview of some of our work in 2006 tells a compelling tale of some of the challenges and
opportunities confronting our region. As we move forward, we hope that you will join us in our
efforts so that—together—we can all enjoy and be proud of our Mid South.

                   Thank you for your interest and support in 2006.



                   Ivye L. Allen
                   President



2   FOUNDATION FOR THE MID SOUTH   www.fndmidsouth.org
RESPONDING TO THE NEEDS OF OUR REGION
In the Mid South, we have a number of innate resources—the creativity and tenacity of our people,
our unique culture, our rich natural resources of land and water, and our generosity which ranks
among the top in the nation. Yet, we still lag behind the country in many measures.

Certainly, the entire nation was reminded of our ongoing societal inequities when the faces of
those left behind from Hurricane Katrina were so vividly displayed in living rooms throughout the
country. Additionally, tens of thousands were also devastated by Hurricane Rita soon after, but far
fewer cameras documented the widespread destruction of Southwestern Louisiana.

Similar to our efforts during the disasters, the Foundation for the Mid South strives to respond
quickly, thoughtfully, and flexibly to common needs in the Mid South. We serve as an antenna,
finding and attracting funding, programs, or attention to tackle some of our most pressing
social needs such as substandard education, persistent poverty, an untrained workforce, and the
availability of affordable housing for our working poor.

FMS’s uniqueness lies in our regional approach to social problems that differs from local or state-
specific efforts, and we help make funds available to the grassroots and community-based leaders
who could easily be overlooked by larger, national funding sources. FMS is working to improve
the Mid South through cooperation rather than competition and “connecting the dots” rather than
funding separate and unrelated efforts.

Drawing on the rich natural resources of our people and our unique rural landscape, the Foundation
for the Mid South is committed to responding to the problems of our region with our friends and
partners, with determination and creativity, and with the hope of a better tomorrow for all who call
the Mid South home.




                                                             RESPONDING TO THE NEEDS OF OUR REGION   2006   3
RESPONDING TO THE NEEDS OF OUR REGION:                    KATRINA AND RITA
Prior to August 29, 2005, no one could have imagined these cataclysmic events that changed a
region and a nation. In the days directly following the storms, the Foundation for the Mid South
responded by establishing the Hurricane Recovery and Restoration Fund and other donor advised
funds to get critically needed resources to individuals and nonprofits impacted by the storms.

FMS was in a unique position to respond to the country’s worst natural disaster in modern history.
We serve a large geographic area in contrast to one community or one county or parish, and our
knowledge of the region and nonprofit sector helped to match funding interests to a committed local
partner.

As FMS continues to support rebuilding and recovery efforts, we will advocate for policies that
address the long-term issues of building equitable communities that include and care for all of our
citizens. The disasters are making hundreds of millions of dollars of private and philanthropic funds
and billions of dollars of government support available to the region. The end result must not be the
establishment of communities of exclusion, of institutionalized poverty, and of ignored racism.


    Since the disasters, FMS has
    granted over $9 million to 200
    plus local nonprofits and
    faith-based organizations
    and 4,000 individuals from
    the $13 million received from
    donors throughout the world
    for hurricane recovery and
    rebuilding.




4    FOUNDATION FOR THE MID SOUTH   www.fndmidsouth.org
RESPONDING TO THE NEEDS OF OUR REGION:         HEALTH
Health is a powerful individual asset that is directly related to better living and working conditions.
When residents are healthier, the workforce is better equipped to perform its tasks, children do
better in school, and limited tax dollars can be redirected to other social needs which lead to a more
vibrant economy. The Foundation for the Mid South understands that poor health is one of the
underlying factors to many of our region’s social ills. We cannot work to strengthen communities
and schools and turn a blind eye to glaring reports about the obesity of our children and adults and
the alarming rate of heart disease and hypertension among residents of our three states—rates which
place us at the top of a deadly list.

The Foundation for the Mid South responded to this crisis by pledging to create a blueprint for
a more healthy population. Pulling together health advocates and health professionals from the
region, FMS is using their knowledge and expertise to inform ourselves, other funders, and health
providers of strategies that could improve the health of Mid South residents.




                                   In January 2006,         FMS brought                 FMS has
                                   FMS published a          together 120 health         awarded over
                                   resource report          professionals               $1 million
                                   containing regional      from the region to          in grants to
                                   health status data       help identify health        organizations
                                   and promising            priority areas and to       working to
                                   practices compiled       share the data from         improve the
                                   by three Mid South       its health resource         health of Mid
                                   universities.            report.                     Southerners.




                                                               RESPONDING TO THE NEEDS OF OUR REGION   2006   5
RESPONDING TO THE NEEDS OF OUR REGION:                    WEALTH CREATION
The three states of Arkansas, Louisiana, and Mississippi continue to be home to the highest pockets
of poverty in the country. One of the country’s most successful and innovative tools for alleviating
poverty is the Individual Development Account—or IDA. Prior to the Foundation for the Mid
South’s involvement, there were few IDA programs in the Mid South region.

Working together with Entergy Corporation, the Foundation for the Mid South helped to bring IDAs
to the Mid South. IDAs are matched savings accounts for low-wealth working individuals. As the
IDA account holder saves a reasonable weekly amount, these funds are matched on a two-to-one or
higher basis with a combination of public and private resources. These funds can only be used to
purchase a home, start a small business, or pursue higher education. Through the Mid South IDA
Initiative, the Foundation has helped thousands of low-wealth individuals become savers, asset
builders, and active participants in the economy.




    IDA partner programs               In 2006,
    in FMS’s Mid South IDA             FMS granted
    Initiative have established        $117,590 in
    more than 15,000 new               operating
    IDA accountholders in              support to IDA
    the three states, and over         providers in the
    half have converted these          Mid South.
    accounts into first-time
    mortgages.




6    FOUNDATION FOR THE MID SOUTH   www.fndmidsouth.org
                                               SUSTAINING THE
RESPONDING TO THE NEEDS OF OUR REGION:         NONPROFIT SECTOR
After Hurricanes Katrina and Rita, the nonprofit and faith-based sectors emerged as effective and
adaptive resources for providing emergency and longer-term social services that remain critical
for the rebirth of the hurricane-impacted areas. Government agencies were cumbersome and
ineffective compared to these valiant nonprofit and faith-based organizations and their leaders. The
Foundation for the Mid South recognizes the value of nonprofits to our region and their innovative
and flexible approaches to improving education, increasing home ownership, improving health, and
rebuilding a devastated region.

The impact of these nonprofit and faith-based organizations is typically realized on a local level.
These groups highlight and address issues in their community that need improvement or reform.
As a regional organization, the Foundation for the Mid South knows that the fastest route to
widespread regional change is to help support the local efforts that know best how to identify, tap,
and develop leaders within their communities.




                                 Local and community-based                 With the Mississippi
                                 nonprofit organizations throughout        Center for Nonprofits,
                                 the Mid South received $10.5              FMS created a network
                                 million in support from FMS in            on the Gulf Coast to
                                 2006. Many of our partners—               provide leadership
                                 especially in hurricane-affected          development and to
                                 areas—had few places to turn as           support the efforts of
                                 relief dollars passed them by for         nonprofits in rebuilding
                                 larger, national organizations.           the coastal region.




                                                              RESPONDING TO THE NEEDS OF OUR REGION   2006   7
RESPONDING TO THE NEEDS OF OUR REGION:                   FMS’S DIRECTION
The Foundation for the Mid South has a sixteen-year track record of attracting millions of dollars
to support the region’s nonprofit sector and providing programs to improve education, strengthen
communities and families, and build our economy. FMS has responded to crises by telling a
compelling story to interest national donors in investing in this region. In 2006 alone, FMS played
a significant role in brokering national funds for hurricane-impacted communities in coastal areas
and in communities throughout the three states serving displaced populations.

As we move forward, we cannot be satisfied with past accomplishments—much more needs to
be done. We have our eye on moving the needle toward more widespread change for our region.
Change that shows up in quality of life measurements—the “lists”—where too often our three states
are at the bottom. We are striving to expand our current work to better serve larger numbers of
people throughout the region and to impact more lives.

This long-term approach will include a focus on advocacy that will yield policies in all three states
that work to close the gaps of inequity in race and class that continue to affect our ability to become
a prosperous region. With our rich natural resources and generous residents, we have the potential
to rise above our past historical disparities. This is our vision—one of hope and determination.




8   FOUNDATION FOR THE MID SOUTH   www.fndmidsouth.org
foundation for tHe Mid soutH

board of directors                        foundation staff

ARKANSAS                                  Ivye L. Allen
                                          President
Pat Cooper - Bella Vista
                                          Liz Brister
Don Munro - Hot Springs DIR. EMERITUS     Vice President, Development and Communications
Freddye Webb-Petett - Pine Bluff          Steven Cooper
Gladys Whitney - Little Rock SECRETARY    Senior Program Officer, Visionary Leadership Institute
Brad Williams - Hot Springs               Chris Crothers
Michael Wilson - Wilson                   Director, Communications

                                          Beverly Divers-White
                                          Vice President, Grantmaking
LOUISIANA
                                          Niecy Ellis
Curt L. Hébert, Jr. - New Orleans         Grants Manager and Technology
Diana Lewis - New Orleans VICE CHAIR
                                          Necole Irvin
Nancy T. Montoya - New Orleans            Program Officer, Mid South IDA Initiative /
Patrick C. Moore - Alexandria             Mid South Health Initiative

Jennifer Eplett Reilly - Baton Rouge      Stephen C. Kuretich
                                          Vice President, Finance and Administration
Sherece Y. West - Baton Rouge
                                          Lynn McGee
                                          Senior Program Officer, Communities of Opportunity
MISSISSIPPI
                                          Kayla Miller
Bill Bynum - Jackson TREASURER            Grants Assistant
Beverly Wade Hogan - Jackson CHAIR        Dwanda Moore
Hon. Robert L. Jackson - Marks            Manager of Administration
Ted Kendall, III - Bolton DIR. EMERITUS   Julius Rainey, Jr.
Charles Victor McTeer - Greenville        Communications Fellow

Hon. William F. Winter - Jackson          Tanya Ray
                                          Program Assistant, Communities of Opportunity
Leila Clark Wynn - Greenville
                                          Elizabeth Sandifer
                                          Outreach Coordinator

                                          T. Meshelle Taylor
                                          Executive Assistant

                                          Vickie Wells
                                          Finance Assistant
RESPONDING TO THE NEEDS OF THE MID SOUTH FOR 16 YEARS.




134 East Amite Street
Jackson, MS 39201
PH 601.355.8167
FX 601.355.6499
www.fndmidsouth.org