Skip to Content
  1. Home
  2. Planned Giving
  3. Your Gifts at Work
  4. Hannah Houston

Scholarships Help Students Pursue Dreams

Hannah Houston

Hannah Houston

Generous donors make it possible for students at The University of Southern Mississippi to receive a high-quality education, achieve their goals and pursue their dreams. Through the planned giving of alumni and friends of the University, students like Hannah Houston are gaining valuable educational experiences and able to plan for the future with less worry about financial burden.

A Mississippi native and recipient of the Marvin and Betty Reuben Scholarship, Hannah grew up surrounded with Southern storytelling as a medium for bonding, comfort and wisdom. As she aged, her voice in her own stories became clearer, and creative writing became her outlet for self-expression. Now a junior broadcast journalism major at Southern Miss, Hannah is honing her writing skills to become an effective journalist and help those far and wide use storytelling as a means to share their experiences.

“My goal is to write for those whose voices are not often heard. I want to bring the world closer together by highlighting local and personal stories from niche groups around the globe, educating people through journalism,” she says.

When Marvin and Betty Reuben made the decision to use a pooled income fund to support scholarships at Southern Miss, they aspired to help high achieving students in journalism. Hannah is extremely grateful for Marvin and Betty’s assistance.

“Thank you so much for supporting my dream of becoming a journalist. Managing three jobs on top of being a full-time student is extremely difficult, but this generous gift will allow me to focus on what I really love. Receiving this scholarship overwhelms me with validation that I am worth my words, and I really can change the world,” she says.

Additional gifts from the Reubens also established the Betty T. Reuben Science and Technology Scholarship Endowment and support learning on the Hattiesburg campus through the Marvin and Betty Reuben Science Lecture Hall Endowment, which is recognized in rooms 137 and 120 of the Walker Science Building. From scholarships to program support, their example shows how impactful your gifts can be at Southern Miss.

Contact Daniel Barton at daniel.barton@usm.edu or 601.266.6428 to learn more about ways you can make a future impact on our students.

eBrochure Request Form

Please provide the following information to view the brochure.

First name is required
Last Name is required
Please include an '@' in the email address

Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.

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 118 College Drive #5210, Hattiesburg, MS 39406-0001, 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.

First name is required
Last Name is required
Please include an '@' in the email address