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    University of Southern Mississippi Foundation

    ActiveEducation
    HATTIESBURG, MSWebsite6012665210

    About University of Southern Mississippi Foundation

    The University of Southern Mississippi Foundation recognizes the importance of a quality education and is dedicated to helping students at Southern Miss find a way to achieve their higher education goals.

    Focus Areas

    EducationHigher educationScholarshipsStudent successAcademic support

    Who They Fund

    current university studentsalumnistudent-athletesfaculty and campus researchersbroader university community

    Funding Style

    program/project supportrestricted program fundingcapacity building

    About University of Southern Mississippi Foundation

    The University of Southern Mississippi Foundation’s largest recent grants are all directed to The University of Southern Mississippi for USM Programs, including $10,126,584 in 2023, $9,064,109 in 2024, and $8,560,792 in 2023. That pattern shows a foundation built around sustained institutional support rather than scattered external giving. Its work centers on higher education priorities at Southern Miss: scholarships, academic support, student services, alumni programming, athletics, research activity, and campus initiatives. The foundation also uses multiple funding channels that fit different campus needs. Endowed funds are part of the portfolio, including endowed academic positions and named scholarship endowments, while the Eagle Fever crowdfunding platform supports university projects, student organizations, and initiatives. Recent grants also reached the University of Southern Mississippi Alumni Association for USM Alumni Programs and The University of Southern Ms Athletic Foundation for USM Athletics, showing support that extends beyond classroom instruction into alumni and student-life infrastructure. The overall picture is a local university foundation funding the people, programs, and units that shape the Southern Miss student experience.

    What University of Southern Mississippi Foundation Funds

    Scholarship support is a major theme. Through the USM Foundation Scholarships program, the foundation administers undergraduate and graduate awards for tuition, fees, and related educational expenses, and the Leadership Scholarship Endowment adds another named scholarship stream for students at The University of Southern Mississippi. Named endowments are also part of the mix, with donor intent guiding recurring awards. Faculty and academic capacity are another clear area. Endowed Academic Positions fund professorships and chairs that support recruitment, retention, salary, research, and program activities. The foundation also supports academic research activities through grantmaking to the University of Southern Mississippi Research Foundation. Student services appear in the portfolio as well. The Center for Military Veterans, Service Members and Families has a dedicated fundraising initiative, and Eagle Fever channels support to university projects, student organizations, programs, and initiatives.

    How University of Southern Mississippi Foundation Gives

    Financial Snapshot

    Annual Giving

    $9.1M

    Total Assets

    $194.3M

    Total Revenue

    $26.8M

    Total Expenses

    $12.1M

    Typical Grant Size

    Most grants fall between $11K and $6.4M, with a median of $32K.

    25th Percentile

    $11K

    Median

    $32K

    75th Percentile

    $6.4M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in MS.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    STACE MERCIER

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    EIN: 64-6022505
    3 filings on record
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    Topics

    university program developmentalumni engagement and alumni programmingcollegiate athletics supportacademic research activitiesstudent services and campus activities

    Grant size is highly uneven. The typical award profile shows a p25 of $11,180, a median of $31,510, and a p75 of $6,431,369, which reflects a mix of small program-level awards and very large institutional support. The recent grant list also shows repeat support to the same campus entities across 2023 and 2024, especially The University of Southern Mississippi and the University of Southern Mississippi Alumni Association, indicating ongoing internal funding relationships. This is a foundation rather than a DAF or private family fund, and it does not fund individuals. Its giving structure is program- and designation-based, including restricted program funding, capacity building, and endowed support. Some channels accept unsolicited gifts or participation through university systems, while others are donor-directed endowments.

    Where University of Southern Mississippi Foundation Makes Grants

    The foundation gives locally, and every grant in the recent dataset went to recipients in Mississippi. Hattiesburg is the clear hub: The University of Southern Mississippi, the University of Southern Mississippi Alumni Association, The University of Southern Ms Athletic Foundation, and the University of Southern Mississippi Research Foundation are all in Hattiesburg. The recipient country distribution is entirely U.S.-based, with 10 grants recorded to U.S. recipients.

    Frequently Asked Questions About University of Southern Mississippi Foundation

    What kinds of university priorities does this foundation support?

    Its stated focus areas include education, higher education, scholarships, student success, and academic support. The active grant programs also point to alumni engagement, collegiate athletics support, academic research activities, student services, campus activities, and university program development.

    Does the foundation support scholarships?

    Yes. Scholarships are a core part of its work through USM Foundation Scholarships, the Oseola McCarty Scholarship Endowment, the Leadership Scholarship Endowment, and general scholarship endowments managed under donor intent.

    How does the foundation support faculty and academic excellence?

    Through Endowed Academic Positions, it funds professorships and chairs that support recruitment, retention, salary, research, and program activities. The program is designed for long-term faculty and academic support.

    Can people make unrestricted or crowdfunding gifts?

    Yes. Eagle Fever — Southern Miss Crowdfunding accepts unsolicited projects that meet platform rules, and General Giving / Contribute to USM Foundation allows one-time and recurring gifts for scholarships, programs, capital projects, and other university needs.

    Who are the recent grant recipients?

    Recent grants went to The University of Southern Mississippi for USM Programs, the University of Southern Mississippi Alumni Association for USM Alumni Programs, The University of Southern Ms Athletic Foundation for USM Athletics, and the University of Southern Mississippi Research Foundation for USM Research Activities.

    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    THE UNIVERSITY OF SOUTHERN MISSISSIPPIHATTIESBURG, MS$9,064,1092024USM PROGRAMS
    THE UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATIONHATTIESBURG, MS$43,1002024USM ALUMNI PROGRAMS
    UNIVERSITY OF SOUTHERN MISSISSIPPI RESEARCH FOUNDATIONHATTIESBURG, MS$9,0002024USM RESEARCH ACTIVITIES
    THE UNIVERSITY OF SOUTHERN MS ATHLETIC FOUNDATIONHATTIESBURG, MS$8,8032024USM ATHLETICS
    THE UNIVERSITY OF SOUTHERN MISSISSIPPIHATTIESBURG, MS$10,126,5842023USM PROGRAMS
    THE UNIVERSITY OF SOUTHERN MISSISSIPPIHATTIESBURG, MS$8,560,7922023USM PROGRAMS
    THE UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATIONHATTIESBURG, MS$37,6592023USM ALUMNI PROGRAMS
    THE UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATIONHATTIESBURG, MS$25,3602023USM ALUMNI PROGRAMS
    THE UNIVERSITY OF SOUTHERN MS ATHLETIC FOUNDATIONHATTIESBURG, MS$11,4672023USM ATHLETICS
    THE UNIVERSITY OF SOUTHERN MS ATHLETIC FOUNDATIONHATTIESBURG, MS$11,0852023USM ATHLETICS

    THE UNIVERSITY OF SOUTHERN MISSISSIPPI

    $9,064,109
    HATTIESBURG, MS2024

    USM PROGRAMS

    THE UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATION

    $43,100
    HATTIESBURG, MS2024

    USM ALUMNI PROGRAMS

    UNIVERSITY OF SOUTHERN MISSISSIPPI RESEARCH FOUNDATION

    $9,000
    HATTIESBURG, MS2024

    USM RESEARCH ACTIVITIES

    THE UNIVERSITY OF SOUTHERN MS ATHLETIC FOUNDATION

    $8,803
    HATTIESBURG, MS2024

    USM ATHLETICS

    THE UNIVERSITY OF SOUTHERN MISSISSIPPI

    $10,126,584
    HATTIESBURG, MS2023

    USM PROGRAMS

    THE UNIVERSITY OF SOUTHERN MISSISSIPPI

    $8,560,792
    HATTIESBURG, MS2023

    USM PROGRAMS

    THE UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATION

    $37,659
    HATTIESBURG, MS2023

    USM ALUMNI PROGRAMS

    THE UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATION

    $25,360
    HATTIESBURG, MS2023

    USM ALUMNI PROGRAMS

    THE UNIVERSITY OF SOUTHERN MS ATHLETIC FOUNDATION

    $11,467
    HATTIESBURG, MS2023

    USM ATHLETICS

    THE UNIVERSITY OF SOUTHERN MS ATHLETIC FOUNDATION

    $11,085
    HATTIESBURG, MS2023

    USM ATHLETICS