Overview
What is University Of Southern Mississippi Foundation?
The University of Southern Mississippi Foundation is a nonprofit organization based in Hattiesburg, Mississippi, located at 118 College Drive 5210, ZIP code 39406. Its primary mission is to establish relationships with alumni and friends to secure private funds for the advantage of the University of Southern Mississippi (USM). In this fiscal year, the foundation has provided 2,430 scholarships worth $5.5 million and managed various grants and transfers, promoting academic excellence, student success, and innovation and discovery at USM. The foundation receives, invests, and dispenses private gifts in support of USM's mission.
Official website here: www.usmfoundation.com
Is University Of Southern Mississippi Foundation legitimate?
University Of Southern Mississippi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Southern 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: $0
Professional Fundraising Fees: $37,093
Other Salaries and Wages: $148,057
For more financial information, click here
Official website here: www.usmfoundation.com
What is the mission statement of University Of Southern Mississippi Foundation?
The University of Southern Mississippi Foundation works to foster relationships with alumni and friends to secure private funds and resources for the benefit of the University of Southern Mississippi (USM). The foundation's primary role is to receive, invest, and distribute these gifts, supporting USM's mission. In the present fiscal year, the foundation has provided over 2,400 scholarships worth $5.5 million and handled various other grants and transfers, all aimed at promoting academic excellence, student success, and innovation and discovery at USM.
Official website here: www.usmfoundation.com
Who is the CEO of University Of Southern Mississippi Foundation?
Stace Mercier is the Executive Director/Secretary of University Of Southern Mississippi Foundation.
Official website here: www.usmfoundation.com
What is the revenue of University Of Southern Mississippi Foundation?
University Of Southern Mississippi Foundation's revenue in 2023 was $17,712,238.
Official website here: www.usmfoundation.com
Who are the executives of University Of Southern Mississippi Foundation and what are their salaries?
- Stace Mercier (Executive Director/Secretary)
- Leslee Smith (Chief Financial Officer)
- Jennifer Payne (Member-At-Large) [Trustee/Director]
- Kelsey Rushing (President) [Trustee/Director]
- Joe Quinlan (Vice President And Rdc Chair) [Trustee/Director]
- Shonna Brown (Treasurer And Fin. Committee Chair) [Trustee/Director]
- Louie Ehrlich (Immediate Past President) [Trustee/Director]
- Reed Allison (Director)
- Chris Anderson (Policy And Bylaws Committee Chair) [Trustee/Director]
- Rebecca Boudreaux (Director)
- Carlen Chestang (Director)
- Alan Coats (Director)
- Lisa Conn (Director)
- Becky Cowart (Director)
- Beverly Dale (Director)
- Robert Donnell (Director)
- Tom Gibbens (Director)
- Kevin Gilbert (Director)
- Wade Howk (Director)
- Carol Jones-Russell (Director)
- Joy Lightsey (Director)
- Vickie Lock (Director)
- Adele Lyons (Director)
- Keith Mooney (Director)
- Omar Nelson (Director)
- Eddie Peasant (Director (Through July 2022))
- Rhonda Phillips (Director)
- Roderick Posey (Director)
- Tracy Powell (Director)
- Chuck Scianna (Director)
- Demario Smith (Director)
- Steve Strickland (Investment Committee Chair) [Trustee/Director]
- Suzanne Swink (Director (Through December 2022))
- Adalius Thomas (Director)
Official website here: www.usmfoundation.com
Where can I find the form 990 for University Of Southern Mississippi Foundation?
The University Of Southern Mississippi Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.usmfoundation.com
Learn more at the official website: www.usmfoundation.com
Mission Statement of University Of Southern Mississippi Foundation
University of Southern Mississippi Foundation, or USM Foundation, is a non-profit organization dedicated to forging connections with alumni and friends to procure private resources for the betterment of the University of Southern Mississippi (USM). The foundation acts as a crucial intermediary, receiving, investing, and dispensing private donations to support USM's mission.
In the current fiscal year, the University of Southern Mississippi Foundation has demonstrated its profound impact on the educational institution by granting 2,430 scholarships amounting to $5.5 million. This significant financial contribution enables deserving students to further their academic pursuits at USM. Moreover, the foundation facilitates numerous other grants and transfers that foster academic excellence, student success, and innovation and discovery at the university.
The USM Foundation plays a pivotal role in enhancing the University of Southern Mississippi's capabilities by securing essential private funds. Through its unwavering commitment to supporting USM, the foundation contributes to a thriving academic community that values and nurtures the talent of its students.
Impact
This information is meant to be a general summary of University Of Southern 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 Southern Mississippi Foundation's impact is significant in supporting the University of Southern Mississippi (USM) in various ways. In the most recent fiscal year, the foundation provided 2,430 scholarships totaling $5.5 million to support students at USM. Additionally, the foundation processes many other grants and transfers that contribute to academic excellence, student success, and innovation and discovery at the university. By building relationships with alumni and friends, the foundation is able to secure private funds and resources that benefit USM and its community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Organization Details
Founding Year
1959
Phone
(601) 266-5210
Principal Officer
Stace Mercier
Main Address
118 COLLEGE DRIVE 5210, HATTIESBURG, MS, 39406
Website
www.usmfoundation.com
NTEE Category
Code: B110 - Education
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