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The University of Mississippi's permanent endowment grew in its latest fiscal year from $671 million in 2017 to an all-time high of $713 million, thanks in part to the seventh consecutive year of new gifts of $100 million or more.
“We are on our way to realizing our long-range goal of a $1 billion endowment,” Weakley said. “We are extremely grateful to our donors who provide this permanent stable funding that can be counted on year after year and will advance the University's mission for generations to come.”
On the fiscal 2018 fundraising front, the university’s private support totaled more than $116.6 million from 30,332 donors, giving the university essential resources to continue providing exceptional experiences for students, faculty, researchers, health-care patients and providers, citizens served by outreach efforts and visitors to all its campuses.
“Ole Miss alumni and friends are making major investments that transform students’ lives and enhance the quality of our programs,” said Charlotte Parks, vice chancellor for Development. “These gifts also have a far-reaching impact on the economy of Mississippi and beyond, and they ultimately improve the quality of life for everyone.”
State support as a percentage of total revenue available for the university’s operations was 12.4 percent, making private support all the more crucial.
To make gifts to the university, go to https://give.olemiss.edu/ for academics, https://www.umc.edu/givenow/ for the UM Medical Center or http://givetoathletics.com/forward-together/ for Ole Miss Athletics.