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Your Gifts at Work

Lakelyn Taylor

Scholarship Benefits Outstanding Communication Majors

Funded by the insurance policy of generous donors, a scholarship allows talented communication majors to concentrate on their studies.
Shannon Wallace

Leave a Lasting Impact With a Planned Gift

After dedicating over 40 years to education as a teacher, Southern Miss alumna Barbara Guernsey Smith’s desire to help students in need led her to leave a legacy at Southern Miss.
Daniel Glover

Scholarship Allows Time for Study, Not Stress

With scholarship in hand, this student can focus on his studies. The scholarship was funded by a generous donor who named Southern Miss as a beneficiary of a life insurance policy.
Mary Bess Matthews

Matthews Leaves Cherished Instruments to School of Music

The University of Southern Mississippi School of Music gained three violins, three mandolins and an impressive music library through a generous planned gift in-kind appraised at nearly $100,000 from the estate of Mary Bess Matthews.
Jean Allgood

Allgood’s Legacy of Serving Others Continues Through Planned Gift to Southern Miss

Jean Allgood's lifelong service is remembered and celebrated through a scholarship endowment at The University of Southern Mississippi.
Rhinehart

Instructor Designates Southern Miss as Beneficiary of Bequest

Kenneth F. Rhinehart, threetime University of Southern Mississippi alumnus and instructor, recently designated the University as the beneficiary of a bequest to support faculty through an endowed chair position.
Danny Mitchell

Danny Mitchell: Golden Eagle for Life

Danny Mitchell exemplified the phrase “Southern Miss to the Top!” After earning his bachelor’s degree in 1970 and his master’s in 1971, he remained involved with the University for more than 40 years helping to make it better each year.
Vickie Stuart

Faculty Member Supports Nursing With Planned Gift

Vickie Stuart came to The University of Southern Mississippi to help establish the Nurse Anesthesia Program. Southern Miss is the first among Mississippi’s eight institutions of higher learning to offer a degree-granting nurse anesthesia program.
Dr. Beverly Dale

Campaigning for Military History

Since the turn of this century, The University of Southern Mississippi has housed one of the nation’s most esteemed military history programs in the History Department’s Center for the Study of War & Society.
Dr. Beverly Dale

A Scholarship Based on Character

Many scholarships are based on financial need or academic excellence; the College of Business Merit Scholarship is based on those criteria, plus character — integrity, work ethic and commitment to finish a degree.
Dr. Beverly Dale

A Symphony of Success

Dana Ragsdale made her mark on The University of Southern Mississippi as a professor of music. While the University community celebrates her symphony of success as an educator, Ragsdale has written the score for her legacy to continue by creating an endowed scholarship for music students with the gift of her home to The University of Southern Mississippi Foundation through a retained life estate.
eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to The University of Southern Mississippi Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to The University of Southern Mississippi Foundation, a nonprofit corporation currently located at Hattiesburg, MS, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the USM Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the USM Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the USM Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the USM Foundation where you agree to make a gift to the USM Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.