Program areas at University of Southern Mississippi Research Foundation
To operate for the benefit of, to perform the functions of, and/or to carry out the purposes of the University of Southern Mississippi, a public institution of the state of Mississippi.
Through usm - usm Research Foundation launched gulf blue initiative on the Mississippi gulf coast - capitalizing on the coast's geography and maritime resources. Gulf blue initiative is strategically investing in maritime infrastructure to advance technology through innovation clusters such as: uncrewed maritime systems, ocean - friendly plastics, precision aquaculture, smart ports, sea-space systems and coastal data.
Who funds University of Southern Mississippi Research Foundation
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Builders Initiative Foundation | 2022-12 | To Help Support the Usm Research Foundation in Establishing and Growing Its New Gulf Blue Accelerator Program. | $400,000 |
Personnel at University of Southern Mississippi Research Foundation
| Name | Title | Compensation | Date of data |
|---|
| Gordon C. Cannon | Executive Director Usm Research Foundation | $0 | 2023-11-28 |
| Kelly Lucas | Past Executive Director | $0 | 2023-11-16 |
| Frederick E Sock | Secretary and Treasurer | $0 | 2022-12-31 |
| Johnny Atherton | President of the Usm Research Foundation / Vice President | $0 | 2022-12-31 |
| Rudolph Ellender | Past Secretary and Treasurer / Treasurer / Secretary / Board Member | $0 | 2020-12-31 |
Financials for University of Southern Mississippi Research Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $211,873 | $126,066 | 68.1% |
| Program services | $931,481 | $671,511 | 38.7% |
| Investment income and dividends | $1,888 | $11,573 | -83.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $329,772 | $1,545 | 21244.5% |
| Total revenues | $1,475,014 | $810,695 | 81.9% |
Organizations like University of Southern Mississippi Research Foundation
| Organization | Type | Location | Revenue |
|---|
| Clarion University Foundation | 501(c)(3) | Clarion, PA | $6,384,820 |
| Christopher Newport University (CNU) | 501(c)(3) | Newport News, VA | $4,121,962 |
| Johnston Foundation Reinhardt Univ Uw Trust | 501(c)(3) | Orlando, FL | $506,517 |
| CTU Foundation | 501(c)(3) | Laurel, MD | $1,478,910 |
| University of Wisconsin River Falls Foundation | 501(c)(3) | River Falls, WI | $4,531,229 |
| Pennsylvania's State System of Higher Education Foundation | 501(c)(3) | Carlisle, PA | $2,493,469 |
| Ashesi University Foundation | 501(c)(3) | Seattle, WA | $6,199,311 |
| Thaddeus Stevens Foundation | 501(c)(3) | Lancaster, PA | $3,724,081 |
| Francis Marion University | 501(c)(3) | Florence, SC | $6,663,284 |
| Oregon Tech Foundation | 501(c)(3) | Klamath Falls, OR | $6,429,423 |
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
- Address
- 118 College Dr Box 8959
- Hattiesburg, MS 39406
- Metro area
- Hattiesburg, MS
- County
- Forrest County, MS
- Website URL
- usm.edu/Â
- Phone
- (601) 266-5116
IRS details
- EIN
- 64-0902475
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1999
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B43: University or Technological Institute
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Central organization
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