Nonpartisan civic infrastructure
AllCiv·Legis1
·

University of Southern Mississippi Foundation

Public charity990-T FY2023
DBA: FOUNDATION
Other · HATTIESBURG, MS · EIN 64-6022505

About

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.

DBA Foundation

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
69

Financial Snapshot

FY ending 2025-06-30
Revenue
$27.7M
Expenses
$14.9M
Assets
$214.5M
Liabilities
$861K

Financial history

$27.7M$13.8M$0
171819202122232425
RevenueExpenses
Latest FY2025: $27.7M · Avg: $17.4M

Foreign activity (Schedule F)

Total spent abroad$30.4M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN——
NORTH AMERICA——
EUROPE (INCLUDING ICELAND & GREENLAND)——
SUB-SAHARAN AFRICA——
NORTH AMERICA——
EAST ASIA AND THE PACIFIC——

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
$0
Lobbying
$36K
Grants Given
$10.9M
UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
Your actions

Address

118 College Drive 5210
Hattiesburg, MS, 39406-000

Governance

Voting board members30
Independent members30
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %5.9%
Permanent endowment %86.0%
Endowment held by related orgYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.