An endowment is an amount of money given to the University with a stipulation that the funds are to be retained and invested to generate annual earnings. A portion of the annual earnings is used to award student scholarships, provide faculty development or support programs at Southern Miss. Download a copy of our Endowment Overview.
Endowments can be established with cash gifts, securities or other property, or may be funded with a series of gifts made over time. They may also be funded through a bequest or other deferred gift, or through a combination of lifetime and deferred gifts.
A spending allocation will be awarded once the endowment reaches the minimum required funding level and after the funds have been invested for a required period of time. Because the principal of the endowment is never spent, such a gift represents an enduring tribute to the person honored by the fund.
Endowments are established through a minimum gift of $15,000.
Alumni, friends and other loyal Southern Miss supporters may endow gifts to benefit the University. Endowed gifts provide a continued source of assistance for Southern Miss students, faculty and staff and create a lasting legacy for the donor. Endowment funds are named at the donor’s request, whether in their names, in honor of loved ones or in tribute to a special Southern Miss faculty member or student.
Similar to individual endowments, group endowments represent a commitment to the future of Southern Miss. Graduating classes, academic units, alumni groups and those who share a common Southern Miss faculty mentor can make a gift in honor of that connection. Corporations with strong ties to the University and a desire to create a quality workforce often endow scholarships in their relevant academic discipline.
Please review the Corporate Matching
information to find out how you can double or triple your endowment gift to Southern Miss.
The USM Foundation recognizes the generosity of our donors in our Annual Report, a publication of private philanthropy to Southern Miss.
to read frequently asked questions about endowments.