Public Charity

UNIVERSITY OF SOUTHERN MISSISSIPPI RESEARCH FOUNDATION

UNIVERSITY OF SOUTHERN MISSISSIPPI RESEARCH FOUNDATION, of HATTIESBURG, MS, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $501K in revenue, $1.1M in expenses, $1.6M in total assets. 2 publicly reported grants to this organization, totaling roughly $109K, appear in IRS filings.

EIN: 640902475 HATTIESBURG, MS Latest filing: 2024
Total Revenue$501K
Total Expenses$1.1M
Total Assets$1.6M
Grant Records2
Funding Total$109K
Filing Years2020–2024

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.

Officers & Directors

BOARD MEMBER Carletta Barnes Ekunwe
EX-OFFICIO Chad Driskell
BOARD MEMBER Dr Gordon Cannon
BOARD MEMBER Dr J Kent Newman
EXECUTIVE DIRECTOR Dr Kelly Lucas
SECRETARY/TREASURER Frederick E Sock

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research Grant
$100,000 1 grant
USM RESEARCH ACTIVITIES
$9,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $501K $1.1M $1.6M
2023 $957K $1.2M $2.2M
2022 $1.8M $1.4M $2.6M
2021 $787K $614K $2.2M
2020 $344K $386K $1.6M

Between 2020 and 2024, reported annual revenue grew from $344K to $501K (+46%), with total assets most recently reported at $1.6M.

Interactive year-over-year charts and full filing details available with membership.

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