NonprofitsUniversity Of Southern Mississippi Foundation

Education

University Of Southern Mississippi Foundation

HATTIESBURG, MS

Total revenue

$27.7M

Total expenses

$14.9M

Net assets

$213.6M

Grants received

$19.0M

128 grants

EIN

646022505

Tax year

2024

Mission

Build relationships with alumni and friends in order to secure private funds for the benefit of usm.

Programs

1 program

The foundation provides other support on behalf of the university that enables faculty, staff and students opportunities to excel in teaching, research, creative activites, outreach and service.

Expenses: $1.5M

Financials

FY 2024

Revenue

Contributions & grants$14.1M
Program service revenue
Investment income$13.6M
Other revenue$6K
Total revenue$27.7M

Expenses

Grants paid$10.9M
Salaries & benefits$188K
Fundraising$321K
Other expenses$3.9M
Total expenses$14.9M
Total assets$214.5M
Net assets$213.6M

People

34 listed

NameRoleCompensation

STACE MERCIER

EXECUTIVE DIRECTOR/SECRETARY

Board

$142K

40 hrs/wk

LESLEE SMITH

CHIEF FINANCIAL OFFICER

Board

$87K

40 hrs/wk

CHRIS ANDERSON

PRESIDENT

Board

0.52 hrs/wk

OMAR NELSON

VICE PRESIDENT

Board

0.54 hrs/wk

WADE HOWK TREASURER

AND FINANCE COMMITTEE CHAIR

Board

0.23 hrs/wk

JOE QUINLAN

IMMEDIATE PAST PRESIDENT

Board

0.52 hrs/wk

REBECCA BOUDREAUX

BOARD MEMBER

Board

0.27 hrs/wk

CARLEN CHESTANG

BOARD MEMBER

Board

0.38 hrs/wk

ALAN COATS

BOARD MEMBER

Board

1.83 hrs/wk

LISA CONN

BOARD MEMBER

Board

0.42 hrs/wk

BEVERLY DALE

BOARD MEMBER

Board

1.96 hrs/wk

ROBERT DONNELL

BOARD MEMBER

Board

0.46 hrs/wk

CINDY GADDIS

MEMBER-AT-LARGE

Board

0.6 hrs/wk

TOM GIBBENS

BOARD MEMBER

Board

0.35 hrs/wk

KEVIN GILBERT

BOARD MEMBER

Board

0.29 hrs/wk

CAROL JONES-RUSSELL

POLICY AND BYLAWS COMMITTEE CHAIR

Board

0.29 hrs/wk

SCOTT LANEHART

BOARD MEMBER

Board

0.44 hrs/wk

JOY LIGHTSEY

BOARD MEMBER

Board

0.4 hrs/wk

VICKIE LOCK

BOARD MEMBER

Board

0.4 hrs/wk

ADELE LYONS

BOARD MEMBER

Board

0.46 hrs/wk

KEITH MOONEY

BOARD MEMBER

Board

0.54 hrs/wk

GERALD MUMFORD

BOARD MEMBER

Board

1.62 hrs/wk

JENNIFER PAYNE

BOARD MEMBER

Board

0.33 hrs/wk

RHONDA PHILLIPS

BOARD MEMBER

Board

0.15 hrs/wk

RODERICK POSEY

BOARD MEMBER

Board

0.52 hrs/wk

TRACY POWELL

RESOURCE DEVELOPMENT COMMITTEE CHAIR

Board

0.6 hrs/wk

CHUCK SCIANNA

BOARD MEMBER - THRU 1/14/2025

Board

0.29 hrs/wk

DEMARIO SMITH

BOARD MEMBER

Board

0.35 hrs/wk

STEVE STRICKLAND

INVESTMENT COMMITTEE CHAIR

Board

0.65 hrs/wk

EDWARD TAYLOR

BOARD MEMBER

Board

0.13 hrs/wk

ADALIUS THOMAS

BOARD MEMBER

Board

0.21 hrs/wk

SUSAN WILLIAMS

BOARD MEMBER

Board

0.25 hrs/wk

ALVIS WRIGHT

BOARD MEMBER

Board

0.37 hrs/wk

ELISSA ERNST

CHIEF DEVELOPMENT OFFICER

Staff

$105K

40 hrs/wk

Independent contractors

SEI

INVESTMENT MANAGEMENT FEES

$874K

CODARAY CONSTRUCTION - LLC

BUILDING CONSTRUCTION SERV.

$256K

UC INNOVATION INC

SOFTWARE SERVICES

$149K

LANDSCAPE STRUCTURES INC

PLAYGROUND INSTALLATION

$114K

Grants received

Showing 128 of 128

FromAmountPurposeYear
$500K
General & Unrestricted
2024
$241K
For nursing scholarships.
2024
$134K
GENERAL OPERATING
2024
$125K
DuBard School for Language Disorders
2024
$50K
GENERAL OPERATIONS OF THE ORGANIZATION
2024
$40K
SUPPORT
2024
$18K
SUPPORT
2024
$15K
GENERAL SUPPORT
2024
$13K
COLLEGES AND UNIVERSITIES
2024
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$100
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$2.4M
PROVIDE SUPPORT FOR HIGHER EDUCATION
2023
$1.2M
HEALTH & WELLNESS - INCLUSIVE OUTDOOR CLASSROOM AND PLAYGROUND FOR THE CHILDREN'S CENTER - HATTIESBURG
2023
$241K
For nursing scholarships.
2023
$175K
TO SUPPORT THE RESEARCH STUDY TITLED "CHARACTERIZING ATTENTION AND MEMORY DEFICITS IN MISOPHONIC INDIVIDUALS FOLLOWING TRIGGER EXPOSURE."
2023
$75K
GENERAL OPERATIONS OF THE ORGANIZATION
2023
$48K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$33K
URGENT NEEDS; SURVEY INCENTIVE
2023
$26K
SUPPORT
2023
$23K
MATCHING GIFTS
2023
$16K
For grant recipient's exempt purposes
2023
$15K
GENERAL SUPPORT
2023
$6K
CHARITABLE DONATION
2023
$5K
2023 MATCHING GIFTS - SC FOUNDATION MATCH
2023
$5K
GENERAL SUPPORT
2023
$3K
EMPLOYEE GIVING PROGRAM
2023
$325
EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES
2023
$100
GENERAL OPERATING SUPPORT
2023
$2.4M
PROVIDE SUPPORT FOR HIGHER EDUCATION
2022
$250K
SCHOLARSHIP FUND
2022
$250K
SCHOLARSHIP FUND
2022
$217K
For nursing scholarships.
2022
$200K
DE GRUMMOND CHILDREN'S LITERATURE COLLECTION
2022
$131K
MATCHING GIFTS
2022
$75K
GENERAL OPERATIONS OF THE ORGANIZATION
2022
$38K
CHILDRENS CENTER INTERVENTION SERVICES
2022
$30K
For grant recipient's exempt purposes
2022
$24K
SUPPORT
2022
$20K
LOCAL PARTNER STIMULUS TO COMBAT URGENT NEEDS
2022
$17K
NURSING DEVELOPMENT FUND
2022
$15K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
GENERAL SUPPORT
2022
$14K
GENERAL SUPPORT
2022
$10K
GENERAL OPERATING PURPOSE
2022
$8K
CHARITABLE DONATION
2022
$5K
GENERAL SUPPORT
2022
$2K
2022 EDUCATIONAL MATCHING GIFTS-FOUNDATION MATCH
2022
$1K
OFFLINE GIFT MATCHING GRANT
2022
$800
VOLUNTEER PROGRAM
2022
$700
MATCHING GIFTS
2022
$100
GENERAL OPERATING SUPPORT
2022
$1.4M
PROVIDE SUPPORT FOR HIGHER EDUCATION
2021
$250K
SCHOLARSHIP FUND
2021
$178K
For nursing scholarships.
2021
$75K
GENERAL OPERATIONS OF THE ORGANIZATION
2021
$44K
For grant recipient's exempt purposes
2021
$44K
For grant recipient's exempt purposes
2021
$37K
EDUCATIONAL SUPPORT
2021
$20K
MATCHING GIFTS
2021
$14K
For recipient's exempt purpose
2021
$7K
LSL SUPPORT - CHILDREN AND FAMILIES
2021
$6K
UNRESTRICTED
2021
$2K
GENERAL CHARITABLE PURPOSES
2021
$700
MATCHING GIFTS
2021
$200
CHARITABLE
2021
$3.2M
PROVIDE SUPPORT FOR HIGHER EDUCATION
2020
$324K
HEALTH & WELLNESS - THE CHILDREN'S CENTER FOR COMMUNICATION AND DEVELOPMENT
2020
$250K
ENDOWMENT
2020
$178K
For nursing scholarships.
2020
$77K
EDUCATIONAL SUPPORT
2020
$75K
GENERAL OPERATIONS OF THE ORGANIZATION
2020
$72K
RESEARCH, EDUCATION, SERVICE SUBAWARD
2020
$30K
For grant recipient's exempt purposes
2020
$20K
Matching Gifts
2020
$20K
LSL SUPPORT - CHILDREN AND FAMILIES
2020
$20K
LSL SUPPORT - CHILDREN AND FAMILIES
2020
$18K
SCHOLARSHIP FUND
2020
$17K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$15K
UNDERGRADUATE RESEARCH
2020
$10K
GENERAL PURPOSE
2020
$5K
PROGRAM SUPPORT
2020
$5K
PROGRAM SUPPORT
2020
$3K
EMPLOYEE MATCHING GRANT
2020
$1K
GENERAL/OPERATING
2020
$1K
MATCHING GIFTS
2020
$375
2020 EDUCATIONAL MATCHING GIFTS-SCCF FOUNDATION MATCH
2020
$45K
UNRESTRICTED GENERAL SUPPORT
2019
$33K
For grant recipient's exempt purposes
2019
$20K
Matching Gift
2019
$15K
EDUCATION PROGRAMS
2019
$10K
GENERAL PURPOSE
2019
$2K
FOR PROGRAMS AND RELATED EXPENSES
2019
$80K
For grant recipient's exempt purposes
2018
$75K
GENERAL OPERATIONS OF THE ORGANIZATION
2018
$24K
General Support building
2018
$24K
General Support building
2017
$8K
Matching Gift
2017

Funded by

$19.0M from 54 funders · 128 grants · 2017–2024

The Luckyday Foundation

$9.4M · 4 grants · 2020–2023

National Philanthropic Trust

$2M · 2 grants · 2020–2022

Blue Cross & Blue Shield Of

$1.5M · 2 grants · 2020–2023

Lettie Pate Whitehead Foundation Inc

$1.1M · 5 grants · 2020–2024

Ergon Foundation Inc

$1.0M · 5 grants · 2020–2022

Asbury Foundation Of Hattiesburg Inc

$561K · 1 grant · 2018

The Chin Family Foundation

$500K · 1 grant · 2024

The Paul And Sherry Broadhead Foundation

$425K · 6 grants · 2018–2024

Details

EIN646022505
NTEE codeB110
Subsection03
Ruling date2001-06
Formed1959
Employees0
Volunteers69
UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION — Mission, Financials & Grants Received | Grantivo