Mississippi Common Fund Trust

Organization Overview

Mississippi Common Fund Trust is located in Oxford, MS. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Common Fund Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Mississippi Common Fund Trust generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mississippi Common Fund Trust has awarded 51 individual grants totaling $50,109,921. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $4,596,714
Interest on Savings $274
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,596,988

Grants Awarded

Over the last fiscal year, Mississippi Common Fund Trust has awarded $6,042,450 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF MISSISSIPPI FOUNDATION

Org PageRecipient Profile

University, MS

PURPOSE: PROVIDE SCHOLARSHIP AND PROGRAMMATIC SUPPORT TO THE UNIVERSITY

$4,792,450

UM MEDICAL CENTEROFFICE OF DEVELOPMENT

PURPOSE: PROVIDE SCHOLARSHIP AND PROGRAMMATIC SUPPORT TO THE UNIVERSITY

$1,000,000

MISSISSIPPI NEWS AND INFORMATION CORP

Org PageRecipient Profile

Ridgeland, MS

PURPOSE: PROVIDE LONG TERM SUPPORT FOR THE COMMUNITY

$250,000
View Grant Profile

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