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Feild Co-Operative Association Inc.

Profile

Last Updated: 2016-07-28

At A Glance

Feild Co-Operative Association Inc.

4400 Old Canton Rd., Ste. 170

Jackson, MS United States 39211-5982

Telephone: (601) 713-2312

URL: feildstudentloans.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $22,078,437

Total giving: $913,428

EIN

640155700

BRIDGE Number

1245305184

Additional Contact Information

Application address: P.O. Box 5054, Jackson, MS 39296

Background

Incorporated in 1919 in TN - The Association was organized by the sons of the late Dr. and Mrs. Montfort Jones, of Kosciusko, MI. The name Feild was chosen to honor the founder's mother, whose maiden name was Sallie Thomas Feild. The fund was given freely, wholeheartedly and absolutely by the Jones family.

Purpose and Activities

Awards interest-bearing student loans to residents of MS, who are juniors or seniors in college, graduate and professional students, or students in special fields; some grants to local hospitals and social service agencies.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Student loans to MS residents who are undergraduate juniors or seniors, or graduate students at accredited colleges and universities.

Loan Program

Loans are made to supplement other funds available to students, but never to cover all expenses. The maximum loan amount is $3,000 per calendar year, for a total of no more than $9,000 over a three-year period. Students of good character who have satisfactorily completed two years of college work, graduate students, and students in special fields may apply for loans. Students must show evidence of financial need, and promise of social and financial responsibility. Application should be made for only one year at a time. Loans are made at six percent interest. First payment on account is due no later than three months from date of graduation or withdrawal from college for any reason, military or otherwise. Loan repayment schedule is not less than $50 per month if loan is less than $2,500.

Fields of Interest

Subjects
  • Arts and culture
  • Child welfare
  • Christianity
  • Diseases and conditions
  • Education
  • Higher education
  • Human services
  • Museums
  • Performing arts
  • Specialty hospital care
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $22,078,437 (market value)

Expenditures: $1,287,626

Total giving: $913,428

Qualifying distributions: $1,080,301