Nonprofits›University Of Southern Mississippi Research Foundation

Education

University Of Southern Mississippi Research Foundation

HATTIESBURG, MS

View as a funder

Total revenue

$501K

Total expenses

$1.1M

Net assets

$1.3M

Grants received

$684K

3 grants

EIN

640902475

Tax year

2024

Mission

The mission of the foundation is to oversee the acquisition of gifts, contributions and grants for sponsored research for individuals, industries, private organizations and government agencies and to assist with transferring technology developed through the foundation.

Programs

1 program

Through usm - usm reseach foundation launched gulf blue initiative on the mississippi gulf coast - capitalizing on the coast's geography and maritime resources. Gulf blue initiative is strategically investing in maritime infrastructure to advance technology through innovation clusters such as: uncrewed maritime systems, ocean - friendly plastics, precision aquaculture, smart ports, sea-space systems and coastal data.

Expenses: $670K

Financials

FY 2024

Revenue

Contributions & grants$103K
Program service revenue$351K
Investment income$3K
Other revenue$44K
Total revenue$501K

Expenses

Grants paid$6K
Salaries & benefits$103K
Fundraising—
Other expenses$958K
Total expenses$1.1M
Total assets$1.6M
Net assets$1.3M

People

9 listed

NameRoleCompensation

JOHNNY ATHERTON

PRESIDENT

Board

—

2 hrs/wk

JAMIE MILLER

VICE PRESIDENT

Board

—

2 hrs/wk

JOHN FITZPATRICK MD

BOARD MEMBER

Board

—

2 hrs/wk

FREDERICK E SOCK

SECRETARY/TREASURER

Board

—

2 hrs/wk

CARLETTA BARNES EKUNWE

BOARD MEMBER

Board

—

2 hrs/wk

DR GORDON CANNON

BOARD MEMBER

Board

—

2 hrs/wk

DR J KENT NEWMAN

BOARD MEMBER

Board

—

2 hrs/wk

CHAD DRISKELL

EX-OFFICIO

Board

—

0

DR KELLY LUCAS

EXECUTIVE DIRECTOR

Staff

—

2 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
Builders Vision Foundation
$275K
To support the USM Research Foundation in establishing and growing its new Gulf Blue Accelerator program (GBA).
2023
UNIVERSITY OF SOUTHERN MISSISSIPPI
$9K
USM RESEARCH ACTIVITIES
2023
Builders Vision Foundation
$400K
to help support the USM Research Foundation in establishing and growing its new Gulf Blue Accelerator program.
2022

Funded by

$684K from 2 funders · 3 grants · 2022–2023

Builders Vision Foundation

$675K · 2 grants · 2022–2023

Details

EIN640902475
NTEE codeB11
Subsection03
Ruling date1999-11
Formed1999
Employees0
Volunteers0
UNIVERSITY OF SOUTHERN MISSISSIPPI RESEARCH FOUNDATION — Mission, Financials & Grants Received | Grantivo