UNIVERSITY OF MISSISSIPPI FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF MISSISSIPPI FOUNDATION (EIN 23-7310293)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-05
- IRS object ID
- 201440369349300919
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-05T13:31:44-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 North Greene Street Suite 400 | AddressLine1 |
| City | Greensboro | City |
| State | NC | State |
| ZIP Code | 27401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237310293 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MISSISSIPPI FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % MAGGIE ABERNATHY | InCareOfName |
| Name Control | UNIV | NameControl |
| Phone | 6629155944 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 249 MEMORY HOUSE | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | UNIVERSITY | City |
| State | MS | State |
| ZIP Code | 386770249 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MAGGIE E ABERNATHY | Name |
| Title | CFO/TREASURER | Title |
| Phone | 6629153851 | Phone |
| Date Signed | 2014-01-30 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3362753394 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MR WENDELL WEAKLEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | UNIV OF MS FOUNDATION | AddressLine1 |
| City | UNIVERSITY | City |
| State | MS | State |
| ZIP Code | 38677 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 144626477 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.UMF.OLEMISS.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1973 | YearFormation |
| State Legal Domicile | MS | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION IS RESPONSIBLE FOR RECEIVING, RECEIPTING,INVESTING, AND DISTRIBUTING GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MISSISSIPPI | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 16 | TotalNbrEmployees |
| Total Nbr Volunteers | 28 | TotalNbrVolunteers |
| Total Gross UBI | -57044 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -75916 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 35673125 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 27381744 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1600101 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1551664 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5089984 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7097641 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 366221 | OtherRevenuePriorYear |
| Other Revenue Current Year | 340282 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 42729431 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36371331 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 32529999 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 30204818 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1535188 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1779961 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 401532 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 267184 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1182092 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2681495 | OtherExpensePriorYear |
| Other Expenses Current Year | 2366207 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 37148214 | TotalExpensesPriorYear |
| Total Expenses Current Year | 34618170 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5581217 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1753161 | RevenuesLessExpensesCY |
| Total Assets BOY | 338435850 | TotalAssetsBOY |
| Total Assets EOY | 367324878 | TotalAssetsEOY |
| Total Liabilities BOY | 33416874 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 33154169 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 305018976 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 334170709 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE UNIVERSITY OF MISSISSIPPI FOUNDATION IS A NONPROFIT CORPORATION CHARTERED IN 1973 BY THE STATE OF MISSISSIPPI TO OPERATE PRIMARILY FOR THE BENEFIT OF THE UNIVERSITY OF MISSISSIPPI. THE FOUNDATION IS RESPONSIBLE FOR RECEIVING, RECEIPTING, INVESTING AND DISTRIBUTING ALL GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MISSISSIPPI. IT PURSUES THIS MISSION IN AN ENVIRONMENT OF PRODUCTIVE TEAMWORK, EFFECTIVE COMMUNICATION, AND RELENTLESS SERVICE TO OUR DONORS, UNIVERSITY ADMINISTRATORS, FACULTY, STAFF AND STUDENTS. COMMUNICATION OF UNIVERSITY NEEDS AND PRIORITIES ALONG WITH ENCOURAGING INVESTMENT IN THE FUTURE OF OLE MISS ARE INTEGRAL TO OUR SUCCESS. INTEGRITY, HONOR, CIVILITY, SERVICE AND RESPECT FOR OUR DONORS AND THEIR WISHES SERVE AS THE FOUNDATION'S GUIDING PRINCIPLES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 14407317 | Expense |
| Grants | 14407317 | Grants |
| Description | UNIVERSITY PROGRAMS - TRANSFERS TO THE UNIVERSITY TO BE USED TO PROVIDE NON-ACADEMIC PROGRAMS AND ACTIVITIES, SUCH AS HONORS PROGRAMS, LIBRARIES, AND SPECIAL EVENTS | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7237850 | Expense |
| Grants | 7237850 | Grants |
| Description | SCHOLARSHIPS - TRANSFERS TO THE UNIVERSITY FOR DIRECT STUDENT FINANCIAL SUPPORT. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5420082 | Expense |
| Grants | 5420082 | Grants |
| Description | 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. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 3814823 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 3209569 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 30880072 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 69 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 16 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | LA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | UT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WV | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MAGGIE ABERNATHY | NamePerson |
| Telephone Number | 6629153851 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 406 UNIVERSITY AVENUE | AddressLine1 |
| City | OXFORD | City |
| State | MS | State |
| ZIP Code | 38655 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|---|
| WENDELL WEAKLEY | ||||||||
| PRESIDENT/CEO | 40.0 | 0.5 | X | X | 206337 | 0 | 49989 | |
| LOUIS BRANDT | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| JAMES BROWN | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| LARRY BRYAN | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| ROLAND BURNS | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| CHARLES CANNADA | ||||||||
| DIRECTOR - CHAIR | 0.01 | X | ||||||
| HUNTER CARPENTER | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| YORK CRAIG JR | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| MEREDITH CREEKMORE | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| JANET FARRINGTON | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| ROSE FLENORL | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| MAYO FLYNT | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| ROGER FRIOU | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| MARTHA DALE FRITTS | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| DON FRUGE | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| SAMUEL HASKELL | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| SARA HEDERMAN | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| JAMIE HOUSTON | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| ABBY MANNING | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| SUSAN MCCORMICK | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| MICHAEL MCREE | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| MARKEEVA MORGAN | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| CHARLES OVERBY | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| ELIZABETH QUIRK | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| ROBERT SEIBELS | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| JOHN SUMMER | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| SUZAN THAMES | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| RODNEY TRIPLETT | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| JON TURNER | ||||||||
| DIRECTOR | 0.01 | X | ||||||
| SANDRA M GUEST | ||||||||
| VICE PRESIDENT/SECRETARY | 40.0 | X | 123702 | 0 | 26748 | |||
| MAGGIE E ABERNATHY | ||||||||
| TREASURER/CFO | 40.0 | X | 115061 | 0 | 24732 | |||
| RONNIE D GUEST | ||||||||
| DIRECTOR-FOUNDATION SERVICES | 40.0 | 121646 | 0 | 26455 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 566746 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 127924 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KPMG | |||||
| PO Box 120001 | DALLAS | TX | 753120561 | AUDITING AND TAX SER | 118750 |
| RUFFALO CODY | |||||
| PO BOX 3018 | CEDAR RAPIDS | IA | 52406 | FUNDRAISING | 318009 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 9400 | FundraisingEvents |
| Related Organizations | 6929267 | RelatedOrganizations |
| All Other Contributions | 20443077 | AllOtherContributions |
| Noncash Contributions | 4288850 | NoncashContributions |
| Total Contributions | 27381744 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| UMMC PROGRAM REIMBURSEMENTS | 611710 | 929681 | 929681 |
| FOOTBALL GAME TICKETS | 611710 | 452997 | 452997 |
| CONTINUING EDUCATION FEES | 611430 | 142122 | 142122 |
| MEMBERSHIP DUES | 611710 | 8309 | 8309 |
| STUDENT LOAN INTEREST | 611710 | 7549 | 7549 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11006 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11006 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1551664 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6916526 | TotalRevenueColumn |
| Unrelated Business Revenue | -57044 | UnrelatedBusinessRevenue |
| Exclusion | $6,973,570 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38880 | TotalRevenueColumn |
| Exclusion | $38,880 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 515000 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 102460 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 412540 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 412540 | TotalRevenueColumn |
| Exclusion | $412,540 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 108135400 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 107954285 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 181115 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 181115 | TotalRevenueColumn |
| Exclusion | $181,115 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 87263 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 9400 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 198401 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -111138 | TotalRevenueColumn |
| Exclusion | -$111,138 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36371331 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1551664 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -57044 | UnrelatedBusinessRevenue |
| Exclusion | $7,494,967 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30204818 | Total |
| Program Services | 30204818 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 566746 | Total |
| Management And General | 566746 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 829544 | Total |
| Management And General | 644977 | ManagementAndGeneral |
| Fundraising | 184567 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 181876 | Total |
| Management And General | 181876 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115641 | Total |
| Management And General | 115641 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86154 | Total |
| Management And General | 86154 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 395616 | Total |
| Management And General | 395616 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127222 | Total |
| Management And General | 127222 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70000 | Total |
| Program Services | 70000 | ProgramServices |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 267184 | Total |
| Fundraising | 267184 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223950 | Total |
| Program Services | 5440 | ProgramServices |
| Fundraising | 218510 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 247117 | Total |
| Program Services | 68395 | ProgramServices |
| Management And General | 107385 | ManagementAndGeneral |
| Fundraising | 71337 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68304 | Total |
| Management And General | 36403 | ManagementAndGeneral |
| Fundraising | 31901 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18362 | Total |
| Program Services | 451 | ProgramServices |
| Management And General | 15623 | ManagementAndGeneral |
| Fundraising | 2288 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 938226 | Total |
| Program Services | 530853 | ProgramServices |
| Management And General | 19317 | ManagementAndGeneral |
| Fundraising | 388056 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14283 | Total |
| Fundraising | 14283 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189570 | Total |
| Management And General | 189570 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65560 | Total |
| Management And General | 65560 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising | Program ServicesProgramServices |
|---|---|---|---|---|
| UMMC FUND EXPENSES | 6294 | 2328 | 3966 | |
| DUES AND SUBSCRIPTIONS | 1588 | 1588 | ||
| OTHER | 115 | 115 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34618170 | Total |
| Program Services | 30880072 | ProgramServices |
| Management And General | 2556006 | ManagementAndGeneral |
| Fundraising | 1182092 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2747334 | BOY |
| EOY | 4496639 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19675498 | BOY |
| EOY | 11105873 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4856150 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1767811 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3200638 | BOY |
| EOY | 3088339 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 199468322 | BOY |
| EOY | 207805841 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104179255 | BOY |
| EOY | 137137014 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9164803 | BOY |
| EOY | 3691172 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 338435850 | BOY |
| EOY | 367324878 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33416874 | BOY |
| EOY | 33154169 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33416874 | BOY |
| EOY | 33154169 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11295599 | BOY |
| EOY | 20210496 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123377256 | BOY |
| EOY | 134997987 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170346121 | BOY |
| EOY | 178962226 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 305018976 | BOY |
| EOY | 334170709 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 338435850 | BOY |
| EOY | 367324878 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1753161 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 24431152 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 2967420 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 29102427 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 24104783 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26304673 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 35673125 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27381744 | CurrentTaxYear |
| Total | 142566752 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 29102427 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 24104783 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26304673 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 35673125 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27381744 | CurrentTaxYear |
| Total | 142566752 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 46128007 | AmountsSubstContributorsTotal |
| Public Support Total170 | 96438745 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10435612 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10195810 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9869915 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6476823 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7470406 | CurrentTaxYear |
| Total | 44448566 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 34630 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 34630 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1377595 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 26144 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6589 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5880 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 1416208 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 188466156 | TotalSupport |
| Gross Receipts From Admissions Etc | 21967613 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.51170 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.54798 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $70,000 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 70000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LOBBYING ACTIVITIES | Identifier |
| Return Reference | SCHEDULE C, PART II-B, LINE 1I | ReturnReference |
| Explanation | UNIVERSITY OF MISSISSIPPI FOUNDATION PAID JIM HENEGAN WITH BUTLER, SNOW ET AL. TO BE A LOBBYIST ON ITS BEHALF. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 214603113 | BeginningOfYearBalance |
| Contributions | 19214444 | Contributions |
| Investment Earnings Or Losses | 25698620 | InvestmentEarningsOrLosses |
| Other Expenditures | 8209170 | OtherExpenditures |
| End Of Year Balance | 251307007 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 219164513 | BeginningOfYearBalance |
| Contributions | 7797504 | Contributions |
| Investment Earnings Or Losses | -5021259 | InvestmentEarningsOrLosses |
| Other Expenditures | 7337645 | OtherExpenditures |
| End Of Year Balance | 214603113 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 184023095 | BeginningOfYearBalance |
| Contributions | 7781885 | Contributions |
| Investment Earnings Or Losses | 34250933 | InvestmentEarningsOrLosses |
| Other Expenditures | 6891400 | OtherExpenditures |
| End Of Year Balance | 219164513 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 154131254 | BeginningOfYearBalance |
| Contributions | 9961425 | Contributions |
| Investment Earnings Or Losses | 23697783 | InvestmentEarningsOrLosses |
| Other Expenditures | 3767367 | OtherExpenditures |
| End Of Year Balance | 184023095 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 186234060 | BeginningOfYearBalance |
| Contributions | 7309781 | Contributions |
| Investment Earnings Or Losses | -30375798 | InvestmentEarningsOrLosses |
| Other Expenditures | 9036789 | OtherExpenditures |
| End Of Year Balance | 154131254 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00072 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.72694 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.27379 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 300000 | OtherCostOrOtherBasis |
| Book Value | 300000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2435856 | OtherCostOrOtherBasis |
| Depreciation | 1136582 | Depreciation |
| Book Value | 1299274 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 77262 | OtherCostOrOtherBasis |
| Depreciation | 49326 | Depreciation |
| Book Value | 27936 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2043032 | OtherCostOrOtherBasis |
| Depreciation | 581903 | Depreciation |
| Book Value | 1461129 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3088339 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| REAL ESTATE TYPE INVESTMENTS | 17584050 | F |
| HEDGE AND VENTURE FUNDS | 119552964 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 137137014 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FUNDS HELD FOR OTHERS | $21,485,622 |
| REMAINDER TRUST LIABILITIES | $7,425,349 |
| OTHER LIABILITIES | $4,243,198 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 33154169 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 63718300 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 24431152 | NetUnrealizedGainsInvestments |
| Other Revenues | 2967420 | OtherRevenues |
| Revenue Not Rptd F990 | 27398572 | RevenueNotRptdF990 |
| Revenue Subtotal | 36319728 | RevenueSubtotal |
| Other Revenues Not Included | 51603 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 51603 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 36371331 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 34566567 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 34566567 | ExpensesSubtotal |
| Other Expenses Not Included | 51603 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 51603 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 34618170 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS | PART V, LINE 4 | THE FOUNDATION INTENDS TO USE THE ENDOWMENTS FOR THE BENEFIT OF THE UNIVERSITY OF MISSISSIPPI BY PROVIDING FUNDING FOR SCHOLARSHIPS AND OTHER UNIVERSITY ACTIVITIES. |
| OTHER RECONCILIATION OF REVENUE | PART XI, LINE 2D | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 2,953,039 CHANGE IN CASH SURRENDER VALUE - LIFE INSURANCE 14,381 ----------- TOTAL 2,967,420 |
| OTHER RECONCILIATION OF REVENUE | PART XI, LINE 4B | INVESTMENT MANAGEMENT FEES 395,616 RENTAL EXPENSES (102,460) CREDIT CARD INCOME, NET OF EXPENSES (43,151) FUNDRAISING EXPENSES (198,402) ----------- TOTAL 51,603 |
| OTHER RECONCILIATION OF EXPENSES | PART XII, LINE 4B | INVESTMENT MANAGEMENT FEES 395,616 RENTAL EXPENSES (102,460) CREDIT CARD INCOME, NET OF EXPENSES (43,151) FUNDRAISING EXPENSES (198,402) ----------- TOTAL 51,603 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | RUFFALO CODY | NameOfIndividual |
| Activity | PHONE SOLICITING | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 461062 | GrossReceipts |
| Amount Retained By Contractor | 342711 | AmountRetainedByContractor |
| Net To Organization | 118351 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 461062 | TotalGrossReceipts |
| Total Retained By Contractors | 342711 | TotalRetainedByContractors |
| Total Net To Organization | 118351 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | AK | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BENEFIT CONCERT | NameOfEvent1 |
| Gross Receipts Event1 | 46380 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 46380 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 1500 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 18283 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 100000 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 39727 | OtherDirectExpensesEvent1 |
| Name Of Event2 | FALL EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 29496 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 9400 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 20096 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 15809 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 4 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 20787 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 20787 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 2000 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 16081 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 1100 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 3901 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 96663 | GrossReceiptsTotal |
| Charitable Contributions Total | 9400 | CharitableContributionsTotal |
| Gross Revenue Total Events | 87263 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 3500 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 34364 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 101100 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 59437 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 198401 | DirectExpenseSummaryEvents |
| Net Income Summary | -111138 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF MISSISSIPPI | ||||||||||
| 216 LYCEUM | UNIVERSITY | MS | 38677 | 646001159 | 501(c)(3) | 25973191 | 263635 | COMP SALES | VARIOUS | SEE PART IV |
| UNIVERSITY OF MISSISSIPPI MEDICAL CENTER | ||||||||||
| 2500 NORTH STATE STREET | JACKSON | MS | 39216 | 646008520 | 501(C)(3) | 4037992 | SEE PART IV | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| MONITORING PROCEDURES OF FUNDS IN THE US | PART I, LINE 2 | THE UNIVERSITY OF MISSISSIPPI FOUNDATION DISBURSES FUNDS DIRECTLY TO THE UNIVERSITY OF MISSISSIPPI AS REQUESTED BY DEPARTMENTS WITHIN THE SCHOOL. FUNDS SENT TO THE UNIVERSITY AS A CASH GRANT ARE NOT DISBURSED WITHOUT THE FOUNDATION RECEIVING WRITTEN REQUEST AND PROPER APPROVAL AND AUTHORIZATION FROM THE DESIGNATED DEPARTMENT THE PAYMENT IS TO BENEFIT. THE UNIVERSITY DOES NOT MONITOR THE GRANTS DIRECTLY MADE TO THE UNIVERSITY ONCE THE MONEY IS DISBURSED. |
| PURPOSE OF GRANTS | PART II, LINE 1 | GRANTS PAID TO THE UNIVERSITY OF MISSISSIPPI ACADEMIC EXCELLENCE: 5,420,082, UNIVERSITY SUPPORT: 13,315,259, SCHOLARSHIPS: 7,237,850 VARIOUS NON-CASH ASSETS: 263,635. GRANTS PAID TO THE UNIVERSITY OF MISSISSIPPI MEDICAL CENTER TO FUND OPERATIONAL EXPENSES OF THE MEDICAL CENTER 4,037,992. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WENDELL WEAKLEY | ||||||||||||||
| PRESIDENT/CEO | 206337 | 0 | 0 | 0 | 0 | 0 | 31501 | 0 | 18488 | 0 | 256326 | 0 | 0 | 0 |
| SANDRA M GUEST | ||||||||||||||
| VICE PRESIDENT/SECRETARY | 123702 | 0 | 0 | 0 | 0 | 0 | 19354 | 0 | 7394 | 0 | 150450 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | COMPENSATION PROCESS | Identifier |
| Return Reference | SCHEDULE J, PART I, LINE 3 | ReturnReference |
| Explanation | IN ORDER TO ESTABLISH THE COMPENSATION OF THE FOUNDATION'S CEO/EXECUTIVE DIRECTOR, PROPOSED ADJUSTMENTS ARE PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR INDIVIDUAL APPROVAL. THE FOUNDATION HAS PARTICPATED IN AN INDEPENDENT COMPENSATION STUDY CONDUCTED BY MCCONNELL & COMPANY TO COMPARE THE UNIVERSITY OF MISSISSIPPI FOUNDATION COMPENSATION AMOUNTS TO THAT OF OTHER SEC FOUNDATIONS. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 172300 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 63298 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COMPARABLE SALES | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 62 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3681120 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AVERAGE HIGH-LOW | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (8 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | RUGS | 1 | 220490 | APPRAISAL |
| X | LAND/TIMBER | 1 | 129980 | APPRAISAL |
| X | LETTERS & MANUSCRIPTS | 2 | 9050 | APPRAISAL |
| X | TELESCOPES | 1 | 7040 | COMPARABLE SALES |
| X | WINE | 1 | 1440 | ACTUAL COST |
| X | TRIP | 1 | 1000 | ACTUAL COST |
| X | PHOTOS & VIDEO | 4 | 862 | COMPARABLE SALES |
| X | MISCELLANEOUS | 5 | 2270 | ACTUAL COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 5 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| OTHER PROGRAM SERVICES | PART III, LINE 4D | OTHER PROGRAM EXPENSES - FUNDS TRANSFERRED FOR UNIVERSITY FACILITIES, SALARY, OFFICE, TRAVEL, PROMOTION, ETC. |
| COMPLIANCE POLICY | PART VI, LINE 12C | ANNUALLY, EACH BOARD MEMBER IS REQUIRED TO REVIEW THE FOUNDATION CONFLICT OF INTEREST POLICY. THIS IS DOCUMENTED BY A SIGNED CONFIRMATION STATEMENT FROM EACH MEMBER. |
| 990 REVIEW | PART VI, LINE 11B | AS PER THE FOUNDATION BY-LAWS AND THE CHARTER OF THE AUDIT COMMITTEE, THE AUDIT COMMITTEE REVIEWS THE FORM 990 WITH FOUNDATION MANAGEMENT. THIS IS DOCUMENTED IN THE COMMITTEE MINUTES. THE 990 IS EMAILED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO THE FILING OF THE RETURN. |
| PUBLIC AVAILABILITY OF DOCUMENTS | PART VI, LINE 19 | THE FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AS WELL AS POSTED TO THE FOUNDATION WEBSITE AT WWW.UMF.OLEMISS.EDU. |
| FAMILY RELATIONSHIP | PART VI, LINE 2 | SANDRA M. GUEST, VICE-PRESIDENT/SECRETARY AND RONNIE D. GUEST, DIRECTOR OF FOUNDATION SERVICES HAVE A FAMILY RELATIONSHIP. |
| CHANGES IN NET ASSETS | PART XI, LINE 9 | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 2,953,039 CHANGE IN CASH SURRENDER VALUE - LIFE INSURANCE 14,381 ----------- TOTAL 2,967,420 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Total IncomeTotalIncome |
|---|---|---|---|---|---|---|---|---|---|
| UNIV OF MISS FOUNDATION REALTY LLC | |||||||||
| PO Box 249 | UNIVERSITY | MS | 38677 | 205945758 | REAL ESTATE | MS | 1326000 | UMF | |
| ISOM PLACE LLC | |||||||||
| PO Box 249 | UNIVERSITY | MS | 38677 | 640865754 | FACILITY RENT | MS | 741459 | UMF | 4800 |
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| MISSISSIPPI COMMON FUND TRUST | ||||||||||
| POST OFFICE BOX 249 MEMORY HOUSE | UNIVERSITY | MS | 38677 | 640875827 | FUNDRAISING | MS | 501(C)(3) | PF | UMF | true |
| UNIVERSITY OF MISSISSIPPI | ||||||||||
| 216 LYCEUM | UNIVERSITY | MS | 38677 | 646001159 | PUBLIC UNIV | MS | 509(a)(1) | NA | false | |
| UNIVERSITY OF MISSISSIPPI MEDICAL CENTER | ||||||||||
| 2500 NORTH STATE STREET | JACKSON | MS | 39216 | 646008520 | MEDICAL UNIV | MS | 501(C)(3) | NA | false | |
| OLE MISS ATHLETICS FOUNDATION | ||||||||||
| PO BOX 355 | UNIVERSITY | MS | 38677 | 640474850 | ATHLETICS | MS | 501(C)(3) | 5 | UM | false |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|---|
| CHARITABLE REMAINDER UNITRUST (16) | |||||||
| PO BOX 249 | UNIVERSITY | MS | 38677 | TRUST | MS | UMF | TRUST |
| CHARITABLE LEAD UNITRUST (1) | |||||||
| PO BOX 249 | UNIVERSITY | MS | 38677 | TRUST | MS | UMF | TRUST |
| CHARITABLE REMAINDER ANNUITY TRUST (7) | |||||||
| PO BOX 249 | UNIVERSITY | MS | 38677 | TRUST | MS | UMF | TRUST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| UNIVERSITY OF MISSISSIPPI | ||
| B | 26236826 | CASH PAID |
| UNIVERSITY OF MISSISSIPPI MEDICAL CENTER | ||
| B | 4037992 | CASH PAID |
| MISSISSIPPI COMMON FUND TRUST | ||
| C | 6929267 | CASH RECEIVED |
| UNIVERSITY OF MISSISSIPPI | ||
| J | 149000 | BILLING AGMT |
| UNIVERSITY OF MISSISSIPPI | ||
| L | 359000 | AFFL. AGMT |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | RELATED TAX-EXEMPT ORGANIZATIONS | Identifier |
| Return Reference | SCHEDULE R, PART II, LINE 4 | ReturnReference |
| Explanation | UNIVERSITY OF MISSISSIPPI FOUNDATION AND OLE MISS ATHLETICS FOUNDATION ARE DEEMED TO BE RELATED AS BROTHER/SISTER ORGANIZATIONS. | Explanation |