Public Charity

MISSISSIPPI ECONOMIC RESOURCE TRUST

MISSISSIPPI ECONOMIC RESOURCE TRUST is a private foundation categorized as Public Charity based in NEW ORLEANS, LA. Its most recent IRS filing (2025) reports revenue of $3.1M, expenses of $1.1M, total assets of $15.1M. Imperigo tracks 6 reported grants from this foundation totaling approximately $1.9M.

EIN: 646193927 NEW ORLEANS, LA Private Grantmaking Foundations NTEE: T20 Latest filing: 2025

Total Revenue$3.1M

Total Expenses$1.1M

Total Assets$15.1M

Grants Given6

Grant Total$1.9M

Filing Years2021–2025

Mission

MISSISSIPPI POWER COMPANY, A MISSISSIPPI CORPORATION, DETERMINED THAT THERE IS A NEED TO ENCOURAGE ECONOMIC GROWTH AND INVESTMENT IN THEIR SERVICE AREA AND WITHIN THE STATE OF MISSISSIPPI.THE PURPOSE OF THIS TRUST IS TO (1) PROVIDE FUNDS TO IMPROVE THE ECONOMIC GROWTH AND DEVELOPMENT OF BUSINESS AND INDUSTRY IN MS THROUGH FUNDING A SEED CAPITAL CORPORATION OR SIMILAR ENTITY.(2) THE TRUST WILL PROVIDE THE DEPARTMENT OF ECONOMIC DEVELOPMENT OF THE STATE OF MS WITH FUNDS FOR A RESOURCE PRESENTATION CENTER.(3) THE TRUST ENCOURAGES PRIVATE INDUSTRY TO CONTRIBUTE, INVEST, AND PARTICIPATE IN THE ECONOMIC DEVELOPMENT IN THE STATE OF MS IN THE SPIRIT OF THE ECONOMIC DEVELOPMENT REFORM ACT.

Where $100 goes at Mississippi Economic Resource Trust

How Mississippi Economic Resource Trust divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$86 Programs the work itself

$14 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$86

Project ready

All program spending

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.