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UNIVERSITY OF MISSISSIPPI FOUNDATION: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
UNIVERSITY OF MISSISSIPPI FOUNDATION (EIN 23-7310293)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-05-13
IRS object ID
201101339349301145
Schema version
2009v1.7
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-13T09:51:44-05:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line150 North Front Street Suite 900AddressLine1
CityMemphisCity
StateTNState
ZIP Code38103ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237310293EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF MISSISSIPPI FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlUNIVNameControl
Phone6629155944Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 249 MEMORY HOUSEAddressLine1
CityUNIVERSITYCity
StateMSState
ZIP Code386770249ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMAGGIE ABERNATHYName
TitleTREASURER/CFOTitle
Date Signed2011-05-12DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone9015233131Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMr Wendell WeakleyNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1UNIV OF MS FOUNDATIONAddressLine1
CityUNIVERSITYCity
StateMSState
ZIP Code38677ZIPCode
FieldValueIRS element (for citing)
Gross Receipts73333446GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.UMF.OLEMISS.EDUWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1973YearFormation
State Legal DomicileMSStateLegalDomicile
Activity Or Mission DescriptionTHE FOUNDATION IS RESPONSIBLE FOR RECEIVING, RECEIPTING,INVESTING, AND DISTRIBUTING GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MISSISSIPPIActivityOrMissionDescription
Nbr Voting Members Governing Body27NbrVotingMembersGoverningBody
Nbr Independent Voting Members27NbrIndependentVotingMembers
Total Nbr Employees14TotalNbrEmployees
Total Nbr Volunteers29TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income-2982NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year29102427ContributionsGrantsPriorYear
Contributions Grants Current Year24104783ContributionsGrantsCurrentYear
Program Service Revenue Prior Year1104702ProgramServiceRevenuePriorYear
Program Service Revenue CY3067129ProgramServiceRevenueCY
Investment Income Prior Year7931856InvestmentIncomePriorYear
Investment Income Current Year7799693InvestmentIncomeCurrentYear
Other Revenue Prior Year2146924OtherRevenuePriorYear
Other Revenue Current Year427180OtherRevenueCurrentYear
Total Revenue Prior Year40285909TotalRevenuePriorYear
Total Revenue Current Year35398785TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year35317617GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY29287292GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1166467SalariesEtcPriorYear
Salaries Etc Current Year1258736SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year329313TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY375205TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year825312TotalFundrsngExpCurrentYear
Other Expense Prior Year3380233OtherExpensePriorYear
Other Expenses Current Year2675702OtherExpensesCurrentYear
Total Expenses Prior Year40193630TotalExpensesPriorYear
Total Expenses Current Year33596935TotalExpensesCurrentYear
Revenues Less Expenses Prior Year92279RevenuesLessExpensesPriorYear
Revenues Less Expenses CY1801850RevenuesLessExpensesCY
Total Assets BOY283952315TotalAssetsBOY
Total Assets EOY324520900TotalAssetsEOY
Total Liabilities BOY22898064TotalLiabilitiesBOY
Total Liabilities EOY38688419TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY261054251NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY285832481NetAssetsOrFundBalancesEOY
Mission DescriptionTHE 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 ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense10541777Expense
Grants10541777Grants
DescriptionUNIVERSITY PROGRAMS - TRANSFERS TO THE UNIVERSITY TO BE USED TO PROVIDE NON-ACADEMIC PROGRAMS AND ACTIVITIES, SUCH AS HONORS PROGRAMS, LIBRARIES, AND SPECIAL EVENTSDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense7484015Expense
Grants7484015Grants
DescriptionSCHOLARSHIPS - TRANSFERS TO THE UNIVERSITY FOR DIRECT STUDENT FINANCIAL SUPPORT.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense5161700Expense
Grants5147428Grants
DescriptionACADEMIC 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
FieldValueIRS element (for citing)
Total Of Other Program Service Exp6438189TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt6114072TotalOfOtherProgramServiceGrnt
Total Program Service Expense29625681TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Balance Sheet Amounts ReportedtrueBalanceSheetAmountsReported
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingtrueProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntitytrueDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntitytrueRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredfalseScheduleORequired
Number Forms Transmitted With109661NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees14NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Nbr Voting Governing Body Members27NbrVotingGoverningBodyMembers
Number Independent Voting Members27NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledMSStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonMAGGIE ABERNATHYNamePerson
Telephone Number6629153851TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1406 UNIVERSITY AVENUEAddressLine1
CityOXFORDCity
StateMSState
ZIP Code38655ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (30 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationHighest Compensated EmployeeHighestCompensatedEmployee
WENDELL W WEAKLEY
PRESIDENT/CEO40.0XX189197047114
ROBERT R BAILESS
CHAIR0.01X
LOUIS K BRANDT
DIRECTOR0.01X
DAVID E BREVARD
DIRECTOR0.01X
CHARLES T CANNADA
DIRECTOR0.01X
JAMES O CARPENTER
DIRECTOR0.01X
CHARLES C CLARK
DIRECTOR0.01X
MEREDITH W CREEKMORE
DIRECTOR0.01X
WILLIAM M DALEHITE JR
DIRECTOR0.01X
JAN G FARRINGTON
CHAIR-ELECT0.01X
ROGER P FRIOU
DIRECTOR0.01X
MARTHA DALE FRITTS
DIRECTOR0.01X
DON L FRUG
DIRECTOR0.01X
T MICHAEL GLENN
DIRECTOR0.01X
DIANE T HOLLOWAY
DIRECTOR0.01X
JAMIE G HOUSTON
DIRECTOR0.01X
J CAL MAYO JR
DIRECTOR0.01X
MICHAEL T MCREE
DIRECTOR0.01X
A BRUCE MOORE JR
DIRECTOR0.01X
ELIZABETH W QUIRK
DIRECTOR0.01X
MARY SHARP RAYNER
DIRECTOR0.01X
SUZAN THAMES
DIRECTOR0.01X
JANE THOMAS ROGERS
DIRECTOR0.01X
JON C TURNER
DIRECTOR0.01X
ALLEN H CROSSWELL
DIRECTOR0.01X
WILLIAM T MAY
DIRECTOR0.01X
MARKEEVA A MORGAN
DIRECTOR0.01X
SANDRA M GUEST
VICE PRESIDENT/SECRETARY40.0X10944423004
M ELISABETH CHOW
TREASURER/CONTROLLER40.0X9304320398
RONNIE D GUEST
DIRECTOR- FOUNDATION SERVICES40.010736822684X
FieldValueIRS element (for citing)
Total Reportable Comp From Org499052TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation113200TotalOtherCompensation
Number Individuals GT100 K3NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

FieldValueIRS element (for citing)
Name PersonRUFFALO CODYNamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 3018AddressLine1
CityCEDAR RAPIDSCity
StateIAState
ZIP Code52406ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesFUNDRAISING SERVICESDescriptionOfServices
Compensation282846Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K
Related Organizations3390840RelatedOrganizations
All Other Contributions20713943AllOtherContributions
Noncash Contributions1930479NoncashContributions
Total Contributions24104783TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
UMMC PROGRAM REIMBURSEMENTS61171010323081032308
MANAGEMENT FEES54161010455931045593
OTHER INCOME900099280366280366
BOOK, PARKING AND EVENT PROCEEDS611710621931621931
CONTINUING EDUCATION FEES6114302788227882

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column59049TotalRevenueColumn
Related Or Exempt Function Income59049RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue3067129TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column9440961TotalRevenueColumn
Exclusion$9,440,961ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column115570TotalRevenueColumn
Exclusion$115,570ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real639279Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real372559Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real266720Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column266720TotalRevenueColumn
Exclusion$266,720ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities35899522Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities37540790Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-1641268Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-1641268TotalRevenueColumn
Exclusion-$1,641,268ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events40058GrossIncomeFundraisingEvents
Fundraising Direct Expenses21312FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column18746TotalRevenueColumn
Exclusion$18,746ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionLIFE INSURANCE PROCEEDSDescription
Business Code525100BusinessCode
Total Revenue Column26144TotalRevenueColumn
Exclusion$26,144ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue26144TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column35398785TotalRevenueColumn
Related Or Exempt Function Income3067129RelatedOrExemptFunctionIncome
Exclusion$8,226,873ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total29287292Total
Program Services29287292ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total499052Total
Management And General499052ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total448719Total
Management And General421738ManagementAndGeneral
Fundraising26981Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total129782Total
Management And General129782ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total119785Total
Management And General119785ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total61398Total
Management And General61398ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total115355Total
Management And General115355ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total375205Total
Fundraising375205Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total1451694Total
Management And General1451694ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total178551Total
Program Services2070ProgramServices
Fundraising176481Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total220981Total
Program Services60748ProgramServices
Management And General95215ManagementAndGeneral
Fundraising65018Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total61488Total
Management And General30744ManagementAndGeneral
Fundraising30744Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total17503Total
Program Services-3384ProgramServices
Management And General20887ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total425087Total
Program Services285605ProgramServices
Management And General14204ManagementAndGeneral
Fundraising125278Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total23345Total
Fundraising23345Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total134355Total
Management And General134355ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total35525Total
Program Services-6650ProgramServices
Management And General42175ManagementAndGeneral

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralFundraisingFundraising
DUES AND SUBSCRIPTIONS37043704
CREDIT CARD EXPENSE27792779
UMMC FUND EXPENSES533530752260

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total33596935Total
Program Services29625681ProgramServices
Management And General3145942ManagementAndGeneral
Fundraising825312Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY3671027BOY
EOY8862840EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY22273648BOY
EOY19394674EOY
FieldValueIRS element (for citing)
Accounts ReceivableAccountsReceivable
Land Buildings Equipment Basis3344644LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1352443LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY2087430BOY
EOY1992201EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY209590720BOY
EOY223200571EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY40956859BOY
EOY56327045EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY5372631BOY
EOY14743569EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY283952315BOY
EOY324520900EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY22898064BOY
EOY38688419EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY22898064BOY
EOY38688419EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-2231842BOY
EOY4806645EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY123853162BOY
EOY130827278EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY139432931BOY
EOY150198558EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY261054251BOY
EOY285832481EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY283952315BOY
EOY324520900EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College Support Org170b1 AivXCollegeSupportOrg170b1Aiv
Contrib By Controlling IndividualfalseContribByControllingIndividual
Contribution By Related PartyfalseContributionByRelatedParty
Contrib By35 Controlled EntityfalseContribBy35ControlledEntity

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years27649268CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years26517989CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years30893175CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year29102427CurrentTaxYearMinus1Year
Current Tax Year24104783CurrentTaxYear
Total138267642Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years27649268CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years26517989CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years30893175CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year29102427CurrentTaxYearMinus1Year
Current Tax Year24104783CurrentTaxYear
Total138267642Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total30137510AmountsSubstContributorsTotal
Public Support Total170108130132PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years10259884CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years11582344CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years14112380CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year10435612CurrentTaxYearMinus1Year
Current Tax Year10195810CurrentTaxYear
Total56586030Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years11609476CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2090112CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1377595CurrentTaxYearMinus1Year
Current Tax Year26144CurrentTaxYear
Total15103327Total
FieldValueIRS element (for citing)
Total Support209956999TotalSupport
Gross Receipts From Admissions Etc4171831GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.51501PublicSupportPertcentage170
Public Support Pertcent Prior Year0.51259PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance154131254BeginningOfYearBalance
Contributions9961425Contributions
Investment Earnings Or Losses23697783InvestmentEarningsOrLosses
Other Expenditures3767367OtherExpenditures
End Of Year Balance184023095EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance186234060BeginningOfYearBalance
Contributions7309781Contributions
Investment Earnings Or Losses-30375798InvestmentEarningsOrLosses
Other Expenditures9036789OtherExpenditures
End Of Year Balance154131254EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.01306BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.80366PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.20941TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis300000OtherCostOrOtherBasis
Book Value300000BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis3044644OtherCostOrOtherBasis
Depreciation1352443Depreciation
Book Value1692201BookValue
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovements
EquipmentEquipment
Other Land BuildingsOtherLandBuildings
Total Of Book Value Land Buildings1992201TotalOfBookValueLandBuildings
Financial DerivativesFinancialDerivatives
Closely Held Equity InterestsCloselyHeldEquityInterests

Other Securities OtherSecurities (3 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
CERTIFICATES OF DEPOSIT506615F
REAL ESTATE TYPE INVESTMENTS18603780F
HEDGE AND VENTURE FUNDS37216650F
FieldValueIRS element (for citing)
Total Of Book Value Securities56327045TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
FUNDS HELD FOR OTHERS$17,719,982
REMAINDER TRUST LIABILITIES$4,356,502
OTHER LIABILITIES$16,611,935
FieldValueIRS element (for citing)
Total Of Amounts38688419TotalOfAmounts
Total Revenue35398785TotalRevenue
Total Expenses33596935TotalExpenses
Excess Or Deficit For Year1801850ExcessOrDeficitForYear
Net Unrealized GL On Investments22396024NetUnrealizedGLOnInvestments
Other$580,356OtherAmount
Total Adjustments22976380TotalAdjustments
Excess Or Deficit Per FS24778230ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt57745325TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments22396024NetUnrealizedGainsInvestments
Other Revenues580356OtherRevenues
Revenue Not Rptd F99022976380RevenueNotRptdF990
Revenue Subtotal34768945RevenueSubtotal
Other Revenues Not Included629840OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt629840RevenueNotRptdOnFinStmt
Total Revenue Per Form99035398785TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt32967095TotExpensesEtcAuditedFinclStmt
Expenses Subtotal32967095ExpensesSubtotal
Other Expenses Not Included629840OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt629840ExpensesNotRptdOnFinStmt
Total Expenses Per Form99033596935TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDSPART V, LINE 4THE 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 BETWEEN NET ASSETS, FINANCIAL STMTS, AND RETURNPART XI, LINE 8 AND PART XII, LINE 2DCHANGE IN VALUE OF THE UNREALIZED INVESTMENT IN SPLIT INTEREST AGREEMENTS AND CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES.
OTHER RECONCILIATION BETWEEN NET ASSETS, FINANCIAL STMTS, AND RETURNPART XII, LINE 4BINVESTMENT MANAGEMENT FEES THAT ARE NETTED WITH INTEREST AND DIVIDEND INCOME IN THE AUDITED FINANCIAL STATEMENT, BUT NOT REPORTED SEPARATELY FOR TAX RETURN PURPOSES IN PART VIII, LINE 3: 1,451,694; RENTAL EXPENSES THAT ARE NETTED WITH RENTAL INCOME IN PART VIII, LINE 6, BUT REPORTED SEPARATELY AS AN EXPENSE FOR AUDITED FINANCIAL STATEMENT PURPOSES: (372,559); CREDIT CARD INCOME THAT IS REPORTED NET OF CREDIT CARD EXPENSES IN PART IX, LINE 24B: (26,500); FUNDRAISING EXPENSES THAT ARE REPORTED NET OF FUNDRAISING INCOME INC PART VIII, LINE 12, BUT REPORTED SEPARATELY AS AN EXPENSE FOR AUDITED FINANCIAL STATEMENT PURPOSES: (21,313); OTHER INCOME REPORTED BY UMMC FROM UNIVERSITY OF MISSISSIPPI FOUNDATION THAT THE TAX RETURN HAS NETTED AGAINST THE GRANTS PAID: (401,482).
OTHER RECONCILIATION OF EXPENSES PER AFS WITH EXPENSES ON RETURNPART XIII, LINE 4BINVESTMENT MANAGEMENT FEES THAT ARE NETTED WITH INTEREST AND DIVIDEND INCOME IN THE AUDITED FINANCIAL STATEMENTS, BUT ARE SHOWN SEPARATELY FOR TAX RETURN PURPOSES ON PART IX, LINE 11F: 1,451,694; RENTAL EXPENSES THAT ARE NETTED WITH RENTAL INCOME IN PART VIII, LINE 6 BUT REPORTED SEPARATELY AS EXPENSES FOR AUDITED FINANCIAL STATEMENT PURPOSES: (372,559).CREDIT CARD INCOME THAT IS REPORTED NET OF CREDIT CARD EXPENSES IN PART IX, LINE 24B: (26,500); FUNDRAISING EXPENSES THAT ARE REPORTED NET OF FUNDRAISING INCOME INC PART VIII, LINE 12, BUT REPORTED SEPARATELY AS AN EXPENSE FOR AUDITED FINANCIAL STATEMENT PURPOSES: (21,313); OTHER INCOME REPORTED BY UMMC FROM UNIVERSITY OF MISSISSIPPI FOUNDATION THAT THE TAX RETURN HAS NETTED AGAINST THE GRANTS PAID: (401,482).

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref FundraisingtrueAgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (3 entries)

Name Of IndividualNameOfIndividualActivityActivityFundraiser Control Of FundsFundraiserControlOfFundsGross ReceiptsGrossReceiptsAmount Retained By ContractorAmountRetainedByContractorNet To OrganizationNetToOrganization
RUFFALO CODYPHONE SOLICITINGfalse517987282846235141
JM PERRONEMAIL SOLICITINGfalse929671678176186
MAHAFFAY'S QUALITY PRINTINGMAIL SOLICITINGfalse17174633392138354
FieldValueIRS element (for citing)
Total Gross Receipts782700TotalGrossReceipts
Total Retained By Contractors333019TotalRetainedByContractors
Total Net To Organization449681TotalNetToOrganization
Licensed StatesMSLicensedStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1LIBRARY GALANameOfEvent1
Gross Receipts Event117525GrossReceiptsEvent1
Gross Revenue Event117525GrossRevenueEvent1
Non Cash Prizes Event13950NonCashPrizesEvent1
Rent Facility Costs Event11332RentFacilityCostsEvent1
Entertainment Event11400EntertainmentEvent1
Other Direct Expenses Event11643OtherDirectExpensesEvent1
Name Of Event2UMMC TASTENameOfEvent2
Gross Receipts Event216470GrossReceiptsEvent2
Gross Revenue Event216470GrossRevenueEvent2
Food And Beverage Event2190FoodAndBeverageEvent2
Entertainment Event2165EntertainmentEvent2
Other Direct Expenses Event24468OtherDirectExpensesEvent2
Total Number Of Other Events1TotalNumberOfOtherEvents
Gross Receipts Other Events6063GrossReceiptsOtherEvents
Gross Revenue Other Events6063GrossRevenueOtherEvents
Rent Facility Costs Other Events3000RentFacilityCostsOtherEvents
Food And Beverage Other Events2550FoodAndBeverageOtherEvents
Entertainment Other Events550EntertainmentOtherEvents
Other Direct Expenses Other Events2064OtherDirectExpensesOtherEvents
Gross Receipts Total40058GrossReceiptsTotal
Gross Revenue Total Events40058GrossRevenueTotalEvents
Non Cash Prizes Total Events3950NonCashPrizesTotalEvents
Rent Facility Costs Total Events4332RentFacilityCostsTotalEvents
Food And Beverage Total Events2740FoodAndBeverageTotalEvents
Entertainment Total Events2115EntertainmentTotalEvents
Other Direct Expenses Total Events8175OtherDirectExpensesTotalEvents
Direct Expense Summary Events21312DirectExpenseSummaryEvents
Net Income Summary18746NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistanceMethod Of ValuationMethodOfValuationDescription Of Non Cash AssistanceDescriptionOfNonCashAssistancePurpose Of GrantPurposeOfGrant
UNIVERSITY OF MISSISSIPPI
216 LYCEUMUNIVERSITYMS38677646001159501(c)(3)2634912571889APPRAISALLANDSEE PART IV
UNIVERSITY OF MISSISSIPPI MEDICAL CENTER
2500 NORTH STATE STREETJACKSONMS39216646008520501(C)(3)2866278SEE PART IV
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants2TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
MONITORING PROCEDURES OF FUNDS IN THE USPART I, LINE 2THE 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 TO MONEY IS DISBURSED.
PURPOSE OF GRANTSPART II, LINE 1GRANTS PAID TO THE UNIVERSITY OF MISSISSIPPI ACADEMIC EXCELLENCE: 5,147,428, UNIVERSITY SUPPORT: 10,541,777, LIBRARIES: 435,676, SCHOLARSHIPS: 7,484,015, ALUMNI ASSOCIATIONS: 268,721, ALL OTHER UNIVERSITY GRANTS: 2,471,508, LAND: 71,889. GRANTS PAID TO THE UNIVERSITY OF MISSISSIPPI MEDICAL CENTER: 2,892,925; TO FUND OPERATIONAL EXPENSES OF THE MEDICAL CENTER.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonWENDELL W WEAKLEYNamePerson
Base Compensation Filing Org189197BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org28380DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org18735NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org236312TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F990250NoncashContribsRptdF990
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasures
Art Fractional InterestArtFractionalInterest

Books And Publications BooksAndPublications

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Noncash Contribs Rptd F99037273NoncashContribsRptdF990
Method Of Determining RevenuesCOMPARABLE SALESMethodOfDeterminingRevenues

Clothing And Household Goods ClothingAndHouseholdGoods

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Noncash Contribs Rptd F99050NoncashContribsRptdF990
Method Of Determining RevenuesTHRIFT SHOP VALUEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions25NumberOfContributions
Noncash Contribs Rptd F9901135469NoncashContribsRptdF990
Method Of Determining RevenuesAVERAGE HIGH-LOWMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStock
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential

Real Estate Commercial RealEstateCommercial

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F990750000NoncashContribsRptdF990
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Real Estate OtherRealEstateOther

Collectibles Collectibles

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F9902500NoncashContribsRptdF990
Method Of Determining RevenuesCOMPARABLE SALESMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)

Non Cash CheckboxNonCashCheckboxDescriptionDescriptionNumber Of ContributionsNumberOfContributionsNoncash Contribs Rptd F990NoncashContribsRptdF990Method Of Determining RevenuesMethodOfDeterminingRevenues
XTents & Lights14489INVOICE PRICE
XComputer1448INVOICE PRICE
FieldValueIRS element (for citing)
Number Of8283 Received4NumberOf8283Received
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedfalseThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
OTHER PROGRAM SERVICESPART III, LINE 4DOTHER PROGRAM EXPENSES - FUNDS TRANSFERRED FOR UNIVERSITY FACILITIES, SALARY, OFFICE, TRAVEL, PROMOTION, ETC.
COMPLIANCE POLICYPART VI, LINE 12CANNUALLY, 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 REVIEWPART VI, LINE 11AAS 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 TAX RETURN.
PUBLIC AVAILABILITY OF DOCUMENTSPART VI, LINE 19THE FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AS WELL AS POSTED TO THE FOUNDATION WEBSITE AT WWW.UMFOUNDATION.COM.
FAMILY RELATIONSHIPPART VI, LINE 2SANDRA M. GUEST, VICE-PRESIDENT/SECRETARY AND RONNIE D. GUEST, DIRECTOR OF FOUNDATION SERVICES HAVE A FAMILY RELATIONSHIP.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateEOY AssetsEOYAssetsBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Total IncomeTotalIncome
UNIV OF MISS FOUNDATION REALTY LLC
PO Box 249UNIVERSITYMS38677205945758REAL ESTATEMS10196000UMF
ISOM PLACE LLC
PO Box 249UNIVERSITYMS38677640865754FACILITY RENTMS844507UMF9800

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
MISSISSIPPI COMMON FUND TRUST
POST OFFICE BOX 249 MEMORY HOUSEUNIVERSITYMS38677640875827FUNDRAISINGMS501(C)(3)N/AUMF
UNIVERSITY OF MISSISSIPPI
216 LYCEUMUNIVERSITYMS38677646001159PUBLIC UNIVMS501(C)(3)N/ANA
UNIVERSITY OF MISSISSIPPI MEDICAL CENTER
2500 NORTH STATE STREETJACKSONMS39216646008520MEDICAL UNIVMS501(C)(3)N/ANA

Form990 Schedule R Part IV Form990ScheduleRPartIV (23 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Type Of EntityTypeOfEntityShare Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssets
DR AND MRS RALPH BROCK CRUT
PO BOX 249UNIVERSITYMS38677646217012TRUSTMSUMFTRUST00
BECKETT & MARY HARTWELL HOWORTH CRUT
PO BOX 249UNIVERSITYMS38677646224338TRUSTMSUMFTRUST00
BEVERLY B WALLER CRUT
PO BOX 249UNIVERSITYMS38677581893866TRUSTMSUMFTRUST00
CHARLES AND SARAH W CARMICHAEL CRUT
PO BOX 249UNIVERSITYMS38677206400164TRUSTMSUMFTRUST00
DR BLAIR E BATSON 2002 CRUT
PO BOX 249UNIVERSITYMS38677486398401TRUSTMSUMFTRUST00
DR JOHN M PEARSON 2000 CRUT
PO BOX 249UNIVERSITYMS38677912133078TRUSTMSUMFTRUST00
ELIZABETH CUMMINGS FORTUNE CLUT #2
PO BOX 249UNIVERSITYMS38677646213195TRUSTMSUMFTRUST00
ELMO HOWELL CRAT
PO BOX 249UNIVERSITYMS38677646220324TRUSTMSUMFTRUST00
ELMO HOWELL CRAT II
PO BOX 249UNIVERSITYMS38677736345578TRUSTMSUMFTRUST00
JESSIE D PUCKETT JR CRUT
PO BOX 249UNIVERSITYMS38677646214363TRUSTMSUMFTRUST00
JOHN & MARY KEETON UNITRUST
PO BOX 249UNIVERSITYMS38677486398400TRUSTMSUMFTRUST00
JOHN & MARGARET KEETON JR CRUT #2
PO BOX 249UNIVERSITYMS38677206399981TRUSTMSUMFTRUST00
JOHN & MARGARET KEETON CRUT III
PO BOX 249UNIVERSITYMS38677207274306TRUSTMSUMFTRUST00
LUCIAN S MINOR 2001 CRAT
PO BOX 249UNIVERSITYMS38677900036090TRUSTMSUMFTRUST00
LUCIAN S MINOR CRAT
PO BOX 249UNIVERSITYMS38677726176569TRUSTMSUMFTRUST00
ROSE CALIFF GROSS CHARITABLE TRUST
PO BOX 249UNIVERSITYMS38677486398396TRUSTMSUMFTRUST00
ROY & SEREDA SHEFFIELD 2003 CRAT
PO BOX 249UNIVERSITYMS38677876265424TRUSTMSUMFTRUST00
SALLIE & BRUCE DILLINGHAM JR 1999 CRUT
PO BOX 249UNIVERSITYMS38677912054322TRUSTMSUMFTRUST00
T A LILES JR CRUT
PO BOX 249UNIVERSITYMS38677646217246TRUSTMSUMFTRUST00
VIRGINIA M DEIBERT CRUT
PO BOX 249UNIVERSITYMS38677646205111TRUSTMSUMFTRUST00
WILL A & DEWEY HICKMAN 1996 CRUT
PO BOX 249UNIVERSITYMS38677726176567TRUSTMSUMFTRUST00
LUCIAN S & MARY W MINOR CRAT
PO BOX 249UNIVERSITYMS38677266259159TRUSTMSUMFTRUST00
JOHN & MARGARET KEETON JR CRUT IV
PO BOX 249UNIVERSITYMS38677266259269TRUSTMSUMFTRUST00
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgtrueGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgtrueGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgstrueRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgstruePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiestrueSharingOfFacilities
Sharing Of Paid EmployeestrueSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
UNIVERSITY OF MISSISSIPPI
B26421014
UNIVERSITY OF MISSISSIPPI MEDICAL CENTER
B2866278
MISSISSIPPI COMMON FUND TRUST
C3390840
UNIVERSITY OF MISSISSIPPI
I139025
UNIVERSITY OF MISSISSIPPI
K254575
UNIVERSITY OF MISSISSIPPI
N124949