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University Of Mississippi Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237310293 ✦ Oxford, MS ✦ Designated as a 501(c)(3)

Overview

What is University Of Mississippi Foundation?

The University of Mississippi Foundation, based with an unspecified filer, functions as a nonprofit organization dedicated to managing and distributing charitable contributions for the University of Mississippi's benefit. They handle the receipting, investing, and dispersal of all gifts to ensure the university thrives.


Official website here: www.umfoundation.com

Is University Of Mississippi Foundation legitimate?

University Of Mississippi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Mississippi Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $754,819
Professional Fundraising Fees: $310,672
Other Salaries and Wages: $3,035,883

For more financial information, click here


Official website here: www.umfoundation.com

What is the mission statement of University Of Mississippi Foundation?

The University of Mississippi Foundation serves a vital role in managing donations for the betterment of the University of Mississippi. Its primary function involves receiving, acknowledging, investing, and dispensing funds intended for the university's benefit. The foundation acts as a bridge between generous donors and the educational institution, ensuring that gifts are effectively utilized to support various university initiatives.


Official website here: www.umfoundation.com

Who is the CEO of University Of Mississippi Foundation?

Maggie Abernathy is the President/Ceo of University Of Mississippi Foundation. The CEO's salary of University Of Mississippi Foundation is $310,069 and their total compensation is $384,142.


Official website here: www.umfoundation.com

What is the revenue of University Of Mississippi Foundation?

University Of Mississippi Foundation's revenue in 2023 was $95,544,401.


Official website here: www.umfoundation.com

Who are the executives of University Of Mississippi Foundation and what are their salaries?

The average compensation at University Of Mississippi Foundation during 2023 was $210,595. There are 18 employees and 36 volunteers at University Of Mississippi Foundation.

Here are 40 key members and their salaries (University Of Mississippi Foundation's CEO's salary is $310,069 and their total compensation is $384,142):

    Wendell W Weakley (President/Ceo) [Trustee/Director]
  • Compensation: $310,069
  • Related: $0
  • Other: $74,073

    • Maggie E Abernathy (Treasurer/Cfo)
  • Compensation: $173,000
  • Related: $0
  • Other: $38,671

    • Anna M Langley (Vice President/Secretary)
  • Compensation: $144,500
  • Related: $0
  • Other: $33,640

    • Lance Felker (Director Of It)
  • Compensation: $127,250
  • Related: $0
  • Other: $30,711

    • John W Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John L Black Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond L Brown Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry H Bryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lampkin H Butts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don B Cannada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Hunter Carpenter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Susan Gallien Clinton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leon Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen H Crosswell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike L Ducker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur M Edwards Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose J Flenorl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • T Michael Glenn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher L Haley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James E Keeton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward A Krei (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert H Lampton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Matthew Lusco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia P Mcclure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnny P Mcright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen B Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guy W Moore Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles W Nicholson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wilford A Payne Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renvy G Pittman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth J Randall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William N Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe F Sanderson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leigh Anne Tuohy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Triplett Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce E Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert L Warner Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles White Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent W Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William D Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.umfoundation.com

    Where can I find the form 990 for University Of Mississippi Foundation?

    The University Of Mississippi Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.umfoundation.com

    Learn more at the official website: www.umfoundation.com

    Mission Statement of University Of Mississippi Foundation

    The University of Mississippi Foundation plays a vital role in supporting the University of Mississippi. In simple terms, the Foundation is tasked with managing and distributing all charitable contributions aimed at benefiting the prestigious educational institution.

    The mission of the University of Mississippi Foundation is two-fold. Firstly, it receives and receipts donations from generous benefactors. Secondly, it invests these funds wisely and distributes them to various areas within the University of Mississippi for optimal impact. The Foundation acts as a bridge between the university and its donors, ensuring that every gift made contributes to the betterment of education and research at the University.

    The Foundation's primary responsibility is to ensure that all funds are handled with the utmost care and transparency. It receives, receipts, invests, and distributes all gifts, ensuring that they are used efficiently and effectively for the benefit of the University of Mississippi. The Foundation's commitment to its mission is evident in its dedication to managing and growing the funds it receives, with a focus on maximizing the positive impact on the university. With its stewardship of donor gifts, the University of Mississippi Foundation is a critical partner in the ongoing success of the University of Mississippi.

    Impact

    This information is meant to be a general summary of University Of Mississippi Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The University of Mississippi Foundation plays a crucial role in supporting the University of Mississippi by receiving, receipting, investing, and distributing all gifts for the benefit of the institution. Its impact can be seen in its contribution to advancing education, research, and innovation at the university. Through the foundation's efforts, students, faculty, and programs at the University of Mississippi are able to thrive and reach new heights of excellence.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $13,993,897
  • Program Service Revenue: $1,266,721
  • Gross Receipts: $205,350,087

    • Assets and Liabilities:
  • Total Assets: $755,235,379
  • Total Liabilities: $35,911,749
  • Net Assets: $719,323,630
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENT TICKETS

    Revenue

    $1,011,621

    OTHER PROGRAM SERVICES

    Revenue

    $255,100

    Organization Details

    Founding Year

    1973

    Principal Officer

    Maggie Abernathy

    Main Address

    406 UNIVERSITY AVENUE, OXFORD, MS, 38655

    NTEE Category

    Code: B80 - Education

    If you are a representative of University Of Mississippi Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.