UNIVERSITY OF MISSISSIPPI FOUNDATION Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF MISSISSIPPI FOUNDATION

EIN 23-7310293 · Education (B110)

What they do

SEE SCHEDULE O

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders43 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

39.79%of revenue went to mission work88.2% of expenses · Program services

2.43%of revenue went to fundraising5.4% of expenses

$45.11spent for every $100 of revenueRevenue covered expenses this year.

2.89%of revenue went to management and office costs6.4% of expenses

$17.91in assets for every $1 spent this yearSome assets cannot be spent right away.

81.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $408,084 for WENDELL W WEAKLEY (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$115,798,046

Mission workProgram services$46,081,01739.79% of revenue88.2% of expenses

ManagementOffice and general costs$3,342,6382.89% of revenue6.4% of expenses

FundraisingAsking for donations$2,814,9752.43% of revenue5.4% of expenses

Revenue left after expensesReported annual surplus$63,559,41654.89% of revenueShown in gray on the chart

Total expenses$52,238,63045.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.2% mission · 6.4% management · 5.4% fundraisingTotal expenses: 45.11% of revenue

2023Expense mix: 88.3% mission · 6.2% management · 5.6% fundraisingTotal expenses: 52.31% of revenue

2022Expense mix: 86.9% mission · 6.8% management · 6.3% fundraisingTotal expenses: 47.57% of revenue

2021Expense mix: 88.4% mission · 6.1% management · 5.5% fundraisingTotal expenses: 44.73% of revenue

2020Expense mix: 93.7% mission · 3.8% management · 2.4% fundraisingTotal expenses: 117.43% of revenue

2019Expense mix: 89.1% mission · 6.6% management · 4.4% fundraisingTotal expenses: 52.72% of revenue

2018Expense mix: 87.5% mission · 9.5% management · 2.9% fundraisingTotal expenses: 57.45% of revenue

2017Expense mix: 90.7% mission · 6.8% management · 2.5% fundraisingTotal expenses: 57.10% of revenue

Money in and money out

Revenue$115,798,046

Expenses$52,238,630

Annual surplus $63,559,416 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$46,081,017 · 88.2% of expenses

Management and office costs$3,342,638 · 6.4% of expenses

Fundraising$2,814,975 · 5.4% of expenses

See all reported dollar amounts

Revenue$115,798,046

Expenses$52,238,630

Assets$935,677,223

Income$261,044,790

Contributions$94,823,172

Mission work (program services)$46,081,017

Fundraising$2,814,975

Grants given$279,716,308

Average grant$16,453,900

Management and general$3,342,638

Stocks and bonds$395,932,663

Accounting fees$210,634

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WENDELL W WEAKLEYPRESIDENT/CEO · 40 hrs/week $408,084Base $329,101 · Other $78,983

MAGGIE E ABERNATHYTREASURER/CFO · 40 hrs/week $239,658Base $195,875 · Other $43,783

ANNA M LANGLEYVICE PRESIDENT/SECRETARY · 40 hrs/week $221,874Base $180,750 · Other $41,124

LANCE FELKERDIRECTOR OF IT · 40 hrs/week $171,925Base $138,500 · Other $33,425

CHRISTI BLANDDIRECTOR OF ENDOWMENT · 40 hrs/week $134,481Base $106,838 · Other $27,643

EVAN GREENEASST DIR OF IT · 40 hrs/week $133,267Base $105,908 · Other $27,359

LEE ANN COOPERDIR OF GIFTS RECEIPTING · 40 hrs/week $127,748Base $101,022 · Other $26,726

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (43)

WENDELL W WEAKLEYPRESIDENT/CEO

MAGGIE E ABERNATHYTREASURER/CFO

ANNA M LANGLEYVICE PRESIDENT/SECRETARY

LANCE FELKERDIRECTOR OF IT

CHRISTI BLANDDIRECTOR OF ENDOWMENT

EVAN GREENEASST DIR OF IT

LEE ANN COOPERDIR OF GIFTS RECEIPTING

ROSE J FLENORLDIRECTOR

LEON COLLINSDIRECTOR

MARTHA D DALRYMPLEDIRECTOR

MARY SUSAN GALLIEN CLINTONDIRECTOR

MORROW BAILEYDIRECTOR

PATRICIA P MCCLUREDIRECTOR

ROBERT L WARNER JRDIRECTOR

KAREN B MOOREDIRECTOR

STEPHANIE HICKMANDIRECTOR

STEWART L MOTLEYDIRECTOR

SUZAN B THAMESDIRECTOR

W HUNTER CARPENTERDIRECTOR

WILFORD A PAYNE IIIDIRECTOR

WILLIAM D YOUNGDIRECTOR

WILLIAM M HEREFORDDIRECTOR

WILLIAM MICHAEL MCDONALD SRDIRECTOR

WILLIAM N REEDDIRECTOR

DEAN J DOUGLASDIRECTOR

ARTHUR M EDWARDS IIIDIRECTOR

BRENT W WOODDIRECTOR

BRUCE E WAREDIRECTOR

C MATTHEW LUSCODIRECTOR

CHARLES S OMARADIRECTOR

CHARLES W NICHOLSON JRDIRECTOR

CHARLES WHITE JRDIRECTOR

CHRISTOPHER L HALEYDIRECTOR

DAVID T MARTINEAUDIRECTOR

LAMPKIN H BUTTSDIRECTOR

DON B CANNADADIRECTOR

EDWARD A KREIDIRECTOR

EDWARD G FRANCISDIRECTOR

ELIZABETH J RANDALLDIRECTOR

GERALD M ABDALLADIRECTOR

JEFFREY P HUBBARDDIRECTOR

JOHNNY P MCRIGHTDIRECTOR

JONATHAN BO JONESDIRECTOR

About this charity

Recognized since: January 1976
Location: 406 UNIVERSITY AVE, OXFORD, MS 38655-4389
County: Lafayette
In care of: % MAGGIE ABERNATHY
Primary officer: MAGGIE ABERNATHY, CFO/TREASURER

How to reach them

WebsiteVisit the charity’s website Emailumf@umfoundation.com Phone(662) 915-5944

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Education (B110)
Grant-giving organization: Yes