Public Charity

UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION

UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION is a Public Charity headquartered in HATTIESBURG, MS. Financial data from the 2025 filing: $27.7M revenue, $14.9M expenses, $214.5M total assets. 88 publicly reported grants to this organization, totaling roughly $5.8M, appear in IRS filings.

EIN: 646022505 HATTIESBURG, MS Latest filing: 2025
Total Revenue$27.7M
Total Expenses$14.9M
Total Assets$214.5M
Grant Records88
Funding Total$5.8M
Filing Years2021–2025

Mission

TO BUILD RELATIONSHIPS WITH ALUMNI AND FRIENDS IN ORDER TO SECURE PRIVATE FUNDS AND OTHER RESOURCES FOR THE BENEFIT OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI (USM). THE FOUNDATION RECEIVES, INVESTS AND DISTRIBUTES PRIVATE GIFTS IN SUPPORT OF THE UNIVERSITY'S MISSION.

Officers & Directors

BOARD MEMBER Adalius Thomas
BOARD MEMBER Adele Lyons
BOARD MEMBER Alan Coats
BOARD MEMBER Alvis Wright
BOARD MEMBER Beverly Dale
BOARD MEMBER Carlen Chestang

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$2,039,225 6 grants
For nursing scholarships.
$1,055,000 5 grants
EDUCATIONAL SUPPORT
$527,866 4 grants
For grant recipient's exempt purposes
$466,509 9 grants
Unspecified
$312,293 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $27.7M $14.9M $214.5M
2024 $26.8M $12.1M $194.3M
2023 $17.7M $12.9M $165.5M
2022 $19.1M $14.0M $151.5M
2021 $23.0M $10.5M $176.0M

Between 2021 and 2025, reported annual revenue grew from $23.0M to $27.7M (+21%), with total assets most recently reported at $214.5M.

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

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