INSIDE — Commercial Finance 701: The project equity morass — Page 3
40
THEATER
YEARS
1979
www.msbusiness.com
‘Bright Star’ shines at the New Stage
2019
June 14, 2019 • Vo. 41 No. 24 • 24 pages
Community foundations kick off tax-credit drive
— Page 2
MBJ FOCUS
LAW & ACCOUNTING {Section begins P10}
» High placement rates for recent accounting graduates in the state
{The List P11}
» Oldest Law Firms
BRIAN ESTES {P3}
» What is the current state of the commercial real estate market?
FILE/MBJ
The Museum of Mississippi History (left) received $750,000 through the Community Foundation for Mississippi from a bequest from John and Lucy Shackelford. At right is the Mississippi Civil Rights Museum.
By JACK WEATHERLY jack.weatherly@msbusiness.com If it sounds too good to be true, it probably is. So goes the axiom. Yet that leaves open the possibility that it can be true. The seven community foundations of Mis-
sissippi asked the Legislature for $2.5 million in tax credits over five years to start the Endow Mississippi Program. The full amount was approved in the 2019 session with overwhelming votes in both houses. “It was an easy sell” to the constituencies, “because it was going to support their com-
munities,” said Jane Alexander, president of the Community Foundation for Mississippi, which serves 22 counties in central and southwest Mississippi. Mississippi, a poor state, is perennially No. 1 or No. 2 in charitable giving, Alexander See TAX-CREDIT, Page 2
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