Mississippi Common Fund Trust
Mississippi Common Fund Trust is a private foundation, based in Oxford, MS. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $203K in total assets. In 2025, it awarded 5 grants totaling $994K.
Mississippi Common Fund Trust at a glance
In short: Mississippi Common Fund Trust gave $994K across 5 grants in 2025 (avg $199K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $993,713
- -29.3% vs 2024
- Grants made (2025)
- 5
- +66.7% vs 2024
- Average grant
- $198,743
- -57.6% vs 2024
- Median grant
- $83,333
- Total assets
- $203,426
- +204.7% vs 2024
- Primary geography
- Mississippi (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Mississippi Common Fund Trust funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Mississippi News and Information Corp ($500K). Together the top 5 received $994K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was in the $250–500K range: 5 grants of 19 (26%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Mississippi Common Fund Trust gives
- Giving fell 84% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $994K (2025) to $6.0M (2022). In 2025 it made 5 grants totaling $994K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mississippi News and Information Corp Ridgeland, MS | Provide Long Term Support for the Community | $500,000 |
| Um Medical Centeroffice of Development Jackson, MS | Provide Scholarship and Programmatic Support to the University | $308,703 |
| Community Foundation of Mississippi Jackson, MS | Provide Long Term Support for the Community | $83,333 |
| Foundation for Mississippi Jackson, MS | Provide Support for Ms Civil Rights Museum | $60,000 |
| University of Mississippi Foundation University, MS | Provide Scholarship and Programmatic Support to the University | $41,677 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $203,426 | $1,131,891 | $995,238 | $993,713 | 5 | $993,713 | $5,997 |
| 2024 | $66,773 | $1,418,748 | $1,406,446 | $1,405,868 | 3 | $1,405,868 | $14,972 |
| 2023 | $54,471 | $3,590,418 | $3,606,970 | $3,606,014 | 3 | $3,606,014 | $5,695 |
| 2022 | $71,023 | $4,596,988 | $6,047,308 | $6,042,450 | 3 | $6,042,450 | $12,071 |
| 2021 | $1,521,346 | $5,100,802 | $4,675,477 | $4,670,400 | 5 | — | $46,938 |
Under IRS private-foundation payout rules, Mississippi Common Fund Trust reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mississippi Common Fund Trust is led by Wendell W. Weakley, President & CEO on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Wendell W. Weakley
President & CEO
On filings since 2021
1 hr/week
No compensation reported
University Of MS Foundation
Trustee
On filings since 2021
0 hrs/week
No compensation reported
Anna Langley
Vice President & Secretary
On filings since 2021
1 hr/week
No compensation reported
Maggie E. Abernathy
Treasurer & CFO
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mississippi Common Fund Trust
How much does Mississippi Common Fund Trust give each year?
Mississippi Common Fund Trust gave $994K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.4M across 3 grants.
What is Mississippi Common Fund Trust's typical grant size?
Mississippi Common Fund Trust's median grant in 2025 was $83,333, and its average grant was $198,743, across 5 grants on its 2025 IRS Form 990-PF.
Where does Mississippi Common Fund Trust give grants?
Mississippi Common Fund Trust gives mostly in Mississippi: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Jackson, MS (3 grants).
Does Mississippi Common Fund Trust give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Mississippi Common Fund Trust's 2025 IRS Form 990-PF were described as general or operating support.
Who are Mississippi Common Fund Trust's largest grantees?
Mississippi Common Fund Trust's largest 2025 grantees include Mississippi News and Information Corp ($500,000), Um Medical Centeroffice of Development ($308,703) and Community Foundation of Mississippi ($83,333), according to its 2025 IRS Form 990-PF. Together they received 90% of its itemized 2025 grant dollars.
How large is Mississippi Common Fund Trust?
Mississippi Common Fund Trust reported $203K in total assets on its 2025 IRS Form 990-PF. It paid out $994K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
What is Mississippi Common Fund Trust's EIN?
Mississippi Common Fund Trust's EIN (Employer Identification Number) is 64-0875827. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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