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Mississippi Common Fund Trust is a private trust based in OXFORD, MS. The foundation received its IRS ruling in 1997. The principal officer is Maggie Abernathy. It holds total assets of $203K. Annual income is reported at $1.1M. Total assets have decreased from $2M in 2011 to $203K in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Mississippi. According to available records, Mississippi Common Fund Trust has made 11 grants totaling $9.7M, with a median grant of $500K. Annual giving has decreased from $4.7M in 2021 to $1.4M in 2024. Individual grants have ranged from $200K to $2.7M, with an average award of $880K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Mississippi. Contributions to this foundation are tax-deductible.
Smallest Grant
$250K
Median Grant
$1M
Average Grant
$2M
Largest Grant
$4.8M
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Mississippi Common Fund Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MS.
Mississippi Common Fund Trust has distributed a total of $9.7M across 11 grants. The median grant size is $500K, with an average of $880K. Individual grants have ranged from $200K to $2.7M.
Mississippi Common Fund Trust typically selects its grantees rather than accepting unsolicited proposals.
Mississippi Common Fund Trust is headquartered in OXFORD, MS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| University Of Ms Foundation | TRUSTEE | $0 | $0 | N/A |
| Anna Langley | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Wendell W Weakley | PRESIDENT/CEO | $0 | $0 | N/A |
| Maggie E Abernathy | TREASURER/CFO | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$203K
Fair Market Value
N/A
Net Worth
$203K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$9.7M
Average Grant
$880K
Median Grant
$500K
Unique Recipients
5
Most Common Grant
$500K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Um Medical Centeroffice Of DevelopmentPROVIDE SCHOLARSHIP AND PROGRAMMATIC SUPPORT TO THE UNIVERSITY | Jackson, MS | $588K | 2024 |
| Mississippi News And Information CorpPROVIDE LONG TERM SUPPORT FOR THE COMMUNITY | Ridgeland, MS | $500K | 2024 |
| University Of Mississippi FoundationPROVIDE SCHOLARSHIP AND PROGRAMMATIC SUPPORT TO THE UNIVERSITY | University, MS | $318K | 2024 |
| Ole Miss Athletics FoundationPROVIDE ATHLETIC SUPPORT TO THE UNIVERSITY | University, MS | $500K | 2021 |
| St Andrew'S Episcopal School Forward Saint CampaignPROVIDE SCHOLARSHIP AND PROGRAMMATIC SUPPORT TO THE SCHOOL | Ridgeland, MS | $200K | 2021 |
FLOWOOD, MS
JACKSON, MS
GULFPORT, MS