The Campus Community website has been developed by the USM Foundation to provide resources to campus audiences who conduct business with the Foundation.
Southern Miss Fund Grant Application
Every year, our donors generously give to support Southern Miss. Because of their giving, the USM Foundation is pleased to announce the 2017 Southern Miss Fund Grant Program, which offers five grants of up to $10,000 each. These one-time grants are made in an effort to kick-start projects, provide support to one-time projects and/or provide resources for projects that might otherwise remain unfunded. Funds for this program are provided from the “Southern Miss Fund,” which is one of the primary designations our donors choose to support with their annual gifts.
BASIS FOR EVALUATION
- Relevance of the project to the University’s mission
- Degree of direct student support
- Project visibility
- Specificity and project focus
- Relevance of the use of funding to project’s goals and objectives
- Level of complete information provided in application
- Project sustainability, if applicable
- Sunday, October 1, 2017: The USM Foundation will begin accepting applications
- Friday, October 27, 2017: Application deadline
- November 2017: Executive Committee of the USM Foundation will review projects
- December 2017: Award recipients announced to the University community
- January - February 2018: Funds made available for use (recipients contacted by Leslee Smith)
- June 30, 2019: All grant funds should be utilized
- August 1, 2019: A final report shall be completed and submitted to the USM Foundation with copies of receipts and any other supporting documentation of expenditures (Recipients will receive the final report format prior to the deadline)
APPLICATION FOR SUPPORT
Individuals or University-sanctioned groups may apply for funding from the Southern Miss Fund; however, these grants are not intended for faculty research. If a group applies, one person should be designated as the project coordinator and be noted as such in the application document with complete contact information. All follow-up contact concerning the process will be made through the project coordinator.
Megan Burkes, associate director for public relations and donor programs, is the primary point of contact for all applications for support for the Southern Miss Fund. The Executive Committee of the USM Foundation is responsible for selection of recipients.
To be considered for a Southern Miss Fund Grant, please send your application to Megan Burkes at firstname.lastname@example.org by October 27, 2017. Applications received after this date will not be considered for 2017-2018.
Download the Southern Miss Fund Grant Application
Gift Acceptance and Restriction Policy
The Gift Acceptance and Restriction Policy provides current guidelines subject to future revision for the acceptance and reporting of gifts for the benefit of The University of Southern Mississippi and The University of Southern Mississippi Foundation.
Download the Gift Acceptance and Restriction Policy
Withdrawal Request Policies and Form
The USM Foundation has specific policies governing the procedures and circumstances for which it will issue checks. Those policies can be accessed and reviewed in the PDF document below. Please ensure all withdrawal requests submitted to the Foundation comply with these policies and that the expense meets the purpose of the fund as detailed in the fund agreement. Foundation management reserves the right to return the withdrawal request for additional information or to reject any requested expenditure deemed inconsistent with the stated purpose of the fund. In addition, the Foundation has a Withdrawal Request Form to be used to request disbursements from Foundation funds. Please allow two weeks for checks to be processed.
Download the Withdrawal Request Policies
Download the Withdrawal Request Form
The Foundation requires a W-9 Form on file for all vendors. Every time payment is made to a new vendor, a W-9 Form is required to process the payment. If you are not sure if a vendor has been paid by the Foundation, please contact the Foundation to determine if a W-9 Form is needed.
Download the W-9 Form
Sales and Use Tax
The USM Foundation is required to pay sales or use tax to the State of Mississippi on all purchases. If the Foundation makes a payment directly to a vendor, even if it is on behalf of the University, the payment must include Mississippi sales tax (if applicable). Please note that the fund from which the payment is being made is responsible for the sales or use tax. If the vendor does not have a Mississippi Sales Tax Identification Number, the Foundation is required to remit use tax to the State of Mississippi.
Endowment Spending Allocations
Each year in February, the USM Foundation distributes information to the University regarding the upcoming fiscal year's endowment spending allocations. This information is sent to the Dean’s Office of each respective College. The Deans’ Offices should then forward the information to the appropriate departments or scholarship committees.
The Foundation makes the notification of the spending allocation amounts around February 15 for the next academic year available with the expectation that scholarships for the next year will be awarded by April 1. This ensures the greatest benefit to the student as he/she makes financial plans for next year and also helps guarantee that the scholarship dollars are utilized to their greatest potential for their intended purposes.
Download the Non-Scholarship Endowment Carryover Policy
2017-18 Endowment Spending Allocations
USM Foundation endowment spending allocations for the current academic/fiscal year are available until June 30, 2018, and can be expended by the appropriate Signature Authority in accordance with the fund purpose. All withdrawal requests for fiscal year spending must be received in the Foundation office by June 15, 2018 with supporting documentation and proper signatures, to be processed by June 30, 2018. Please make every effort to ensure that these funds are utilized for the benefit of the University by June 30, 2018.
Click here to complete the Contact Report to let the USM Foundation know about your interaction with University alumni, donors and friends. If you have questions about this form, please contact the Foundation office at 601.266.5210.
Current Use Funds Policy
The USM Foundation supports numerous programs and departments through current use funds. These may take the form of an annual scholarship, a gift to a building fund or a gift to one of the many discretionary/ development funds. The Foundation has a policy for the establishment of current use funds to ensure the funds remain viable and active. For more information on these funds, please download the Current Use Funds Policy.
Naming Opportunity Guidelines
In June 2011, the Executive Cabinet of The University of Southern Mississippi in conjunction with the Board of Directors for the University of Southern Mississippi Foundation adopted naming and recognition guidelines to direct decision making with regard to naming University buildings, rooms, programs, centers, faculty positions, lectures, fellowships, scholarships and more. While not a hard-and-fast policy, the document serves to guide consideration of naming opportunities to help ensure consistency and to provide a procedure to be followed when someone desires to name a component of the campuses for an individual or organization. The naming and recognition guidelines serve as the groundwork for naming opportunities and are utilized by the University administration and USM Foundation leadership to determine the appropriateness of any nominations for naming. For more information on these guidelines, or to discuss a specific naming opportunity, please contact the USM Foundation office. Download the USM Naming Guidelines
Additional Forms Available from the USM Foundation
Download the Gift-Pledge Payment Deposit Form
Download the Interfund Transfer Form
Download the Mass Gift Deposit Slip
Download the Missing Receipt Form
Download the Travel and Expense Report
Download the University Permission to Travel Form
Download the University Personal Services Agreement
Download the Bank Draft and Payroll Deduction Form
Click here to access the Data Request Form
Click here to access the Biographical Data Update Form
For questions regarding any of these USM Foundation financial matters, please contact the Foundation’s controller and manager of financial services, Maegan Knight, at email@example.com