University of Mississippi Foundation
University of Mississippi Foundation reported $115.8 million in revenue and $52.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.21 went to program services, $6.40 to management and general costs and $5.39 to fundraising. Its largest source of revenue was contributions and grants: 81.9% of the total. The highest compensation it reported for one person was $408,084 (PRESIDENT/CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $52MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $116MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 81.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $408,084 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.78% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 206.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 36 of 37 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseUniversity programs - transfers to the university to be used to provide non-academic programs and activities, such as honors programs, libraries, and special events
Scholarships - transfers to the university for direct student financial support
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
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 40.00 hrs/week | $329,101 | $0 | $78,983 | $408,084 |
| TREASURER/CFO Officer, 40.00 hrs/week | $195,875 | $0 | $43,783 | $239,658 |
| VICE PRESIDENT/SECRETARY Officer, 40.00 hrs/week | $180,750 | $0 | $41,124 | $221,874 |
| DIRECTOR OF IT Highest compensated employee, 40.00 hrs/week | $138,500 | $0 | $33,425 | $171,925 |
| DIRECTOR OF ENDOWMENT Highest compensated employee, 40.00 hrs/week | $106,838 | $0 | $27,643 | $134,481 |
| ASST DIR OF IT Highest compensated employee, 40.00 hrs/week | $105,908 | $0 | $27,359 | $133,267 |
| DIR OF GIFTS RECEIPTING Highest compensated employee, 40.00 hrs/week | $101,022 | $0 | $26,726 | $127,748 |
7 people received more than $100,000 in reportable compensation from University of Mississippi Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b37 · 36 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 520
- Volunteers Part I, line 637
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| WORSHAM BROTHERS INC Construction project for grove entrance | $645,742 |
| INNOVATIVE CONSTRUCTION MANAGEMENT Construction project for baseball stadiu | $357,651 |
| UC INNOVATION INC It software conversion | $284,166 |
| FUND EVALUATION GROUP Investment consulting | $220,478 |
| CHILDREN'S MIRACLE NETWORK 2024 base membership fee & direct cost | $183,110 |
Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.
Private foundation grants it received
34 private foundations reported grants to University of Mississippi Foundation totaling $2.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from University of Mississippi Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Mississippi Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 University of Mississippi Foundation spent in FY2025, $88.21 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Roseman University of Health SciencesHenderson, NV · revenue $116M · programs 67.7% · FY2025
- Thurgood Marshall College FundWashington, DC · revenue $116M · programs 78.2% · 2025
- Kaiser Permanente Bernard J Tyson School of MedicineOakland, CA · revenue $115M · programs 87.9% · 2024
- George Mason University FoundationFairfax, VA · revenue $116M · programs 93.6% · FY2025
- The Cooper Union for the Advancement of Science & ArtNew York, NY · revenue $115M · programs 74.0% · FY2025
Questions people ask
How much of University of Mississippi Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, University of Mississippi Foundation reported that 88.2% of its $52.2 million in expenses went to program services, 6.4% to management and general and 5.4% to fundraising (Form 990, Part IX).
How much does University of Mississippi Foundation pay its top executive?
The largest total compensation University of Mississippi Foundation reported for one person in the fiscal year ending June 30, 2025 was $408,084, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of Mississippi Foundation get its money?
Of $115.8 million in revenue in the fiscal year ending June 30, 2025, 81.9% came from contributions and grants and 1.5% from program service revenue (Form 990, Part VIII).
Is University of Mississippi Foundation a registered charity?
The IRS lists EIN 23-7310293 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513219349310786 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433199349304833 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202333219349300713 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223159349303912 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133169349309583 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013189349304546 · read the filing
All filings for EIN 23-7310293: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.