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A Place That Ever Calls… a Place tHat ever calls… The University of Mississippi Foundation Report on Philanthropy for the Year Ended June 30, 2012 a Place tHat ever calls… Ole Miss TOTAL ENDOWMENT BENEFITING THE UNIVERSITY OF MISSISSIPPI TOTAL ENDOWMENT: $462 MILLION 4.5% – Library support 38.7% – Scholarship support 38.6% – Academic and program support 18.2% – Faculty support RECENT PRIVATE SUPPORT 80 70 60 50 $80.4 million 40 $68.9 million $65.9 million $58 million 30 $58.7 million $55.4 million $55.5 million $52.1 million 20 $48.1 million 10 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 able of Contents T Chancellor’s Letter . 2 Board Chair’s Letter . 3 Foundation Letter . 4 Mission Statement . 5 Introduction . 6 Impact . 10 Major Gifts . .. 26 Present and Future Needs . .. 30 Conclusion . .. 32 Executive Management Council . 38 Academic Deans . 40 University of Mississippi Foundation Board, Joint Committee on University Investments, UM Foundation Staff, University Development Staff, UM Medical Center Development Staff, UMAA (University of Mississippi Athletics Association) Foundation Staff, Alumni Affairs Staff . 41 Donor Lists . 50 hanceor’s Leer C ith $122 .6 million in private sup- places in their academic journeys . port to the University of Missis- We are grateful for the essential role sippi during fiscal year 2012, your you play in establishing our university as a contributions achieved the second highest national leader in higher education, research, Wyear of giving in our 165-year history . Thank medical breakthroughs, service projects and you for this truly extraordinary demonstration athletics programs . The Ole Miss experi- of generosity and commitment . You once ence is no longer a “best kept secret,” as again stood strong for Ole Miss, and this evidenced by a growing student body com- level of support in a continuing tough econo- posed of residents from all 50 states and 75 my made your gifts especially remarkable . foreign countries . As our reach has expand- The meaningful rewards of your invest- ed, our students and faculty have become ments can be seen in the quality of stu- increasingly engaged in making positive dents, faculty and staff who are attracted impacts on society at large . to our campuses, by national rankings and We have pledged to transform lives and accolades for our programs, and by the make important contributions to Mississippi, achievements of our graduates . They are felt the nation and the world . Thank you for join- by each and every one of our students as ing us in this great responsibility of providing they enjoy and are challenged by their time outstanding higher education opportunities at the university . Your support for our vision and of seeking meaningful answers to some for Ole Miss athletics programs and facili- of the most important questions facing our ties through the Forward Together campaign time . Let us match your values and passions brings pride and unity to the Ole Miss family . with the needs of our university . By connect- Your gifts continually expand educational ing with our vibrant students and campuses, offerings and scholarships to draw talented your life will be forever changed . students to our campuses, as well as in- With your continued support, we will crease accessibility to academically deserv- constantly strive for excellence, while also ad- ing students who need financial assistance . dressing opportunities and complexities . Please Additionally, we offer programs to facilitate continue to stand with us in these efforts . success for all students, who are at different Together, we are Ole Miss . Daniel W . Jones, M .D . Chancellor 2 oard Chair’s Leer “ ith united heartsB we praise thee, nurturing campus environment continues to all our loyalty is thine ”. This year be one of our best attributes . Your generous has proven that the love and gifts have served to make this exceptional, loyalty we sing about in the University of distinctive environment stronger each year . WMississippi’s alma mater is real . More than Three years ago, you heard our message 15,300 devoted alumni and friends answered that this university needed to increase endow- the call to invest in Ole Miss, resulting in ment funds for faculty support to recruit and gifts totaling $122 .6 million in private sup- retain top professors to teach our students . port . What a magnificent year, and what a Thank you for heeding this message and mak- difference these funds are going to make! ing the endowed assets for faculty support When I began singing the alma mater as grow by 60 percent . In a fragile economy with an undergraduate, I found it both beautiful college tuition soaring, you stepped forward and inspiring . As the years have passed, the with gifts to assure that scholarship endow- anthem has taken on greater meaning for ments increased by 36 percent — thank you . me . It evokes memories of the past, confir- When we said private support was needed mation and enjoyment of the present, and for athletics programs, you began responding commitment for the future . I’ve watched this to the university’s most ambitious athletics institution grow from a small, tightly knit, be- campaign ever undertaken . Thank you again . loved Ole Miss family to a large, tightly knit, Your investments are achieving great things . beloved Ole Miss family . We are bigger and Our accolades and rankings are incredible, but better, and we are more devoted than ever . I strongly urge you to spend time on one of The number and caliber of our educational our campuses and interact with students, fac- offerings and programs have experienced ulty and staff . The positive energy, inquisitive tremendous growth, earning national promi- minds and service commitments you encoun- nence and improving our ability to recruit ex- ter will both inspire and reassure you that your tremely bright, talented students . Our unique investments are showing significant returns . Jan G . Farrington Chair, University of Mississippi Foundation Board of Directors 3 oundation Leer F e celebrate an incredible year of both achievements and challenges . giving because you — Univer- One reality is that the markets continue sity of Mississippi alumni and to be volatile . Our endowment stands at friends — obviously feel a deeply held re- $462 million, which represents a 1 .6 percent Wsponsibility to transform lives and strengthen loss — a fiscal year 2012 average for the the state’s flagship university . nation’s universities . Some risk is expected In a time when difficulties of our nation’s to achieve the desired spendable return over faltering economy fed news reports, political the long term, and our returns have rebound- debates and harsh realities, you stood with ed in the first quarter of the new fiscal year . and for Ole Miss, creating a model of support Our Joint Committee on University Invest- that continues to ensure this university can ments structures the endowment portfolio fulfill a powerful leadership role . with a long-term view and seizes opportu- While your $122 .6 million in private nities as they arise . Our management fee support brought on an array of emotions — continues at one-half of 1 percent, the lowest gratitude, exhilaration, humility, respect and in the Southeastern Conference . This means pride — we were not surprised . We work 99 .5 percent of your endowment gifts and daily with you — some of the most visionary, 100 percent of your nonendowment gifts are thoughtful and generous donors we have directed to the areas you designate . ever known — and we profoundly appreciate Thank you for entrusting your gifts to our your belief in this university and its role . management . We will continue working to State and federal financial support for ensure your contributions make the greatest higher education continues to decline, and impact possible, undergirding the bold vision your private gifts have been and will con- in the strategic plan UM 2020 that includes tinue to be a driving force behind continued building the endowment to a billion dollars . expansion and progress on our campuses . Please continue to stand with us as we build In this report, we have attempted to outline a great American university for the ages . Wendell W . Weakley Sandra M . Guest Foundation President Vice President 4 ission Statement he University of MississippiM Foundation is a nonprofit corpo- ration chartered in 1973 by the state of Mississippi to operate pri- Tmarily for the benefit of the Univer- sity 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 inte- gral to our success . Integrity, honor, civility, service and respect for our donors and their wishes serve as the foundation’s guiding principles . 5 Introduction road, proud smiles spread across Standing up together for Ole Miss the faces of the cap-and-gown- has propelled our university to national clad graduates assembled in the prominence and has fueled an explosion of Grove for commencement exercises . As outstanding educational opportunities for Bthe ceremony closes, they stand with their students, opportunities that simply would newly minted degrees and join their families, not be possible without private support . friends and professors in singing an anthem Standing up together has brought us to a to the University of Mississippi . year in which, despite continuing challenges As the sun shines down on the Rose of the economic downturn, the generosity of Garden, a throng of people has gathered to deeply committed alumni and friends have dedicate several new scholarship endow- made headlines . In fact, fiscal year 2012 ments — three philanthropic gifts that will resulted in the second highest year of giving provide the resources to transform lives .
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