EIN 23-7310293

University of Mississippi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
18
City
Oxford
Year formed
1973
Most recent tax filings
2024-06-01
Description
The Foundation is responsible for receiving, receipting, investing and distributing all gifts for the benefit of the University of Mississippi.
Total revenues
$101,913,234
2024
Total expenses
$53,310,971
2024
Total assets
$824,349,490
2024
Num. employees
18
2024

Program areas at University of Mississippi Foundation

University programs - transfers to the University to be used to provide non-academic programs and activities, such as honors programs, libraries, and special events.
Academic excellence - transfers to University academic departments for faculty and general use, accountancy, applied science, business, education, engineering, journalism, law, liberal arts, medical center, pharmacy, outreach, and research.
Scholarships - transfers to the University for direct student financial support.

Grants made by University of Mississippi Foundation

GranteeGrant descriptionAmount
University of MississippiSee Part Iv$34,381,732

Who funds University of Mississippi Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mississippi Common Fund TrustProvide Scholarship and Programmatic Support To the University$2,612,750
National Rural Electric Coop Association (NRECA)Provide Support for Higher Education$2,065,000
Mr and MRS E H Sumners FoundationEducational$1,974,298
...and 86 more grants received totalling $16,194,591

Personnel at University of Mississippi Foundation

NameTitleCompensation
Wendell WeakleyPresident and Chief Executive Officer$310,069
Maggie AbernathyTreasurer and Chief Financial Officer$173,000
Hannah CarrollDirector of Finance and Accounting
Hesham BaeshenAssistant Director of Information Technology
Lance FelkerDirector of Information Technology$127,250
...and 5 more key personnel

Financials for University of Mississippi Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$53,389,455
Program services$2,646,332
Investment income and dividends$14,278,718
Tax-exempt bond proceeds$0
Royalty revenue$1,092
Net rental income$273,570
Net gain from sale of non-inventory assets$31,116,539
Net income from fundraising events$207,528
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$101,913,234

Form 990s for University of Mississippi Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-14990View PDF
2023-062023-11-17990View PDF
2022-062022-11-11990View PDF
2021-062021-11-12990View PDF
2020-062021-04-02990View PDF
...and 10 more Form 990s

Organizations like University of Mississippi Foundation

OrganizationLocationRevenue
University of Illinois FoundationChampaign, IL$450,262,389
University of Arizona FoundationTucson, AZ$221,291,216
Kansas State University FoundationManhattan, KS$185,341,726
Oklahoma State University FoundationStillwater, OK$281,473,035
The University of Florida FoundationGainesville, FL$200,529,178
Washington State University Foundation (WSU)Pullman, WA$106,044,352
Florida International University FoundationMiami, FL$44,931,282
Boise State University FoundationBoise, ID$40,142,108
University of South Carolina Educational FoundationColumbia, SC$64,081,466
UWM FoundationMilwaukee, WI$26,737,937
Data update history
November 25, 2024
Received grants
Identified 13 new grant, including a grant for $2,065,000 from National Rural Electric Coop Association (NRECA)
November 19, 2024
Updated personnel
Identified 1 new personnel
September 26, 2024
Updated personnel
Identified 13 new personnel
August 25, 2024
Received grants
Identified 24 new grant, including a grant for $764,104 from Friends of Children's Hospital
May 18, 2024
Received grants
Identified 37 new grant, including a grant for $2,612,750 from Mississippi Common Fund Trust
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsLobbyingFundraising eventsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
406 University Ave
Oxford, MS 38655
County
Lafayette County, MS
Website URL
umfoundation.com/ 
Phone
(662) 915-5944
IRS details
EIN
23-7310293
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0188155
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
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