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University of Mississippi Foundation Endowment Fund

Name: University of Mississippi Foundation

Assets Under Management: $791.8 Million (Source: University of Mississippi Foundation on 6/30/2013)

Annual Report: University of Mississippi Foundation’s Fiscal Year 2013

Portfolio Insights: “Student owed receivables approximated $96 million at June 30, 2013. This amount has remained steady for the past three years.

At June 30, 2013, current liabilities equaled $348.3 million and consisted primarily of accounts payable and accrued liabilities, and deferred revenues. Unearned revenues include advance receipts for athletic ticket sales, summer tuition, fees, and student housing. Current liabilities increased 2.9% ($9.9 million) from June 30, 2012. Since June 30, 2011 current liabilities have increased 20.9% ($60.2 million). In more detail, significant increases were incurred in the areas of accounts payable and accrued expense liabilities ($18.2 million).” (Source)

Our team, the Endowment Fund Association (EFA) and is the #1 community and most visited website dedicated to endowment fund professionals.  We provide endowment funds with buy-side co-investment and direct investment deal origination services, outsourced chief investment officer selection help,  and also provide Endowment 500 research and Endowment Database Solutions.

Top University of Mississippi Foundation Endowment Fund Headlines:

1) A named endowment fund is a gift to the University of Mississippi Foundation where the principal remains intact in perpetuity, and the annual earnings are used to support academic excellence, faculty, scholarships, and other campus initiatives. Named endowment funds require a minimum of $25,000 which can be paid in total or pledged and fulfilled over a period of up to five years. The School of Pharmacy has more than 50 endowed funds benefiting students and faculty. See below for a complete listing of established endowments. (Source)

2) The SFA has four accounts at the University of Mississippi Foundation. The first is an operational account, which maintains a rainy day balance equal to two years of SFA operating expenses (salaries plus expenses, exclusive of event costs). The John Egerton Prize Endowment is fully funded, and distributes a $5000 award each fall to a deserving recipient whose work uses the lens of food to address issues of social justice. The SFA Endowment has reached a level where the interest payments fully fund the SFA director’s position, which is the first endowed staff position at the University of Mississippi. Contributions to that endowment continue to be accepted with the ultimate goal of endowing several SFA staff positions and internship awards. A third endowment account, with start-up funding from a challenge grant, endows a Southern Foodways Professorship at the Center for the Study of Southern Culture. (Source)

3) The Mississippi State University Foundation was created in 1962 to help manage MSU’s private donations. The MSU Foundation credits private support as “the driving force” that enables the university to move forward. Private donations are used to provide merit-based scholarships, fund research and provide special programs.

As of June 30, 2012, the University of Mississippi Foundation allocated approximately $66 million, or 20%, of its $318 million endowment to hedge funds. (Source)

4) The University of Mississippi Foundation recently recognized the members of MAWD, and the effort our members put into creating an endowment fund for our Lectureship at the University. The article, titled Women Dentists Create First Endowed Lectureship at School, was accompanied by this amazing group photo and is featured prominently on the Foundation’s website. A very proud moment for the women of Mississippi! The donation link mentioned in the linked article is incorrect, it should be Be sure to put your donation amount in the box next to the title, MS Assc of Women Dentists Lectureship. (Source)

5) The University of Mississippi Foundation is a non-profit corporation chartered by the State of Mississippi to operate exclusively for the benefit of The University of Mississippi. Its purpose is to receive, solicit, accept and hold, administer, invest and disburse any and every kind of property for educational, scientific, literary, research and service activities. The goal of the Foundation is to provide The University of Mississippi with a margin of excellence by supplementing funds received from the State of Mississippi with private financial support, including earnings from managed permanent endowment funds. (Source)

About Richard C. Wilson