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n behalf of the Missouri Southern Foundation Board of Directors, it is my pleasure to share this report on the performance of your
endowment for the fiscal year ending June 30, 2025. This report reflects our ongoing commitment to transparency and to keeping you informed about both the Foundation’s overall investment performance and the specific activity of your individual endowment, which you’ll find detailed on page eleven.
I am pleased to share that the Foundation’s investment portfolio achieved an exceptional 12% return for the twelve-month period. This strong performance is a testament to the diligent work of our Foundation Investment Committee and our investment partners, the Fund Evaluation Group (FEG) of Cincinnati, Ohio. While FY 2025 was an outstanding year, it’s also important to note that over the past 16 years, our portfolio has earned an average annual return of 7.9%—surpassing our long-term target of 7%. This target is carefully designed to balance annual distributions, fees, and inflation to preserve the enduring strength of each endowed fund. It is truly an honor for the Missouri Southern Foundation to serve as the steward of your philanthropic investment in support of our students and academic programs. The names of the Foundation’s Board of Directors for FY 2025 appear on the page opposite this letter, representing a group of dedicated leaders who generously lend their expertise and guidance in support of our mission. Your original gift—and the continued support that sustains it—creates a legacy that will benefit Missouri Southern students for generations to come. Every day on campus, we see firsthand the transformative impact of philanthropy on students’ lives. Your generosity continues to open doors, create opportunities, and inspire success. Thank you for your trust in the Missouri Southern Foundation and for your enduring commitment to our students and university. With gratitude,
Michelle Wood Vice President for University Advancement, MSSU Executive Director, Missouri Southern Foundation
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Missouri Southern Foundation | Annual Endowment Report | FY25
OFFICERS:
Mr. Deron Burr, President
Mrs. Vicky Mieseler, Vice President
Mr. Brian Schmidt, Treasurer
People’s Bank of Seneca
Ozark Center
Schmidt CPA’s & Advisors
DIRECTORS: Mr. Gary Aggus
Mrs. Ashley Davis
Mr. Steve Koelkebeck
Mrs. Beth Simmons
Retired, Hiland Dairy Foods
Davis CPA Group
Southwest Missouri Bank
McCune-Brooks Healthcare Foundation
Mr. Russ Alcorn
Mr. Perry Davis
Mrs. Shelly Kraft
Retired, Edward Jones Investments
Retired, Leggett & Platt, Inc.
Kraft Insurance Services
Dr. Jana Allison
Mr. Daryl Deel
Mrs. Karen Lieurance
Deel Investments LP
Community Leader
Mr. Sharrock Dermott
Mr. Will Lynch
Warten, Fisher & Lee, LLC
Office of Newton County
Mr. Chris Dumm
Mr. Cary Marion
Law Offices of Christopher W. Dumm
The Insurancenter
Freeman Health System
Dr. Beth Barlet Mercy Hospital
Mrs. Sallie Beard Retired, MSSU
Dr. Beverly Block
Mr. Nick Edwards
Retired, MSSU
City of Joplin
Mr. Sean Briley
Mr. Jeff England
Alkermes
General Parts Company
Mr. Scott Brothers
Dr. Delores Honey
The Insurancenter
Retired, MSSU
Mr. Mike Moore Anderson Merchandisers, LLC
Mr. John Motazedi SNC Squared
Mr. Kevin Parker Parker Development, LLC
Mr. Troy Richards
Mr. Larry Cowger
Mrs. Amy Ipsen
Southwest Missouri Bank
La Boussole Medical Spa & Wellness
Mr. Dick Smith R.E. Smith Construction Company
Mrs. Emily Stanley Community Leader
Mr. Dan Stengel Retired CPA
Mrs. Tammy Trent Leggett & Platt, Inc.
Mr. Bryan Vowels TrueNorth Wealth & Impact
Ms. Terry Wachter Retired, Mercy Hospital
Mrs. Dot Willcoxon Community Leader
Retired, Carthage Police Department
Mr. Richard Davidson
Ms. Anne Sharp
Marco Group, Inc.
Community Leader
Missouri Southern Foundation | Annual Endowment Report | FY25
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T
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Missouri Southern Foundation | Annual Endowment Report | FY25
$70,000,000
$60,000,000
$50,000,000
$40,000,000
$26,325,817 $31,682,536 $30,977,685 $32,223,162 $36,438,830 $35,036,063 $43,063,417 $36,125,581 $40,224,383 $40,353,324 $40,926,497 $52,413,029 $43,371,471 $50,818,191 $55,333,760 $62,676,710 $30,000,000
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
$20,000,000
TOTAL ASSETS
$0
YEAR
$10,000,000
he Missouri Southern Foundation pools its assets for the financial needs of the university’s students and the educational programs it offers. The continuous nurturing and expansion of the endowment contributes to the enhancement of the university’s academic offerings and creates an everincreasing reservoir of resources for scholarships and program funding. Good stewardship of the endowment over time plays a pivotal role in ensuring an ongoing income stream, thus supporting both current and future students.
NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS All other universities nationwide 2024
Global Equity:
58.0%
Fixed Income:
23.9%
Real Assets:
5.0%
Alternate Strategies:
11.6%
Cash:
1.5%
Global Equity:
61.7%
Fixed Income:
20.2%
Real Assets:
7.8%
Alternate Strategies:
10.1%
Cash:
0.2%
MISSOURI SOUTHERN FOUNDATION 2024-2025
Missouri Southern Foundation | Annual Endowment Report | FY25
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L
ong-term investment success is most effectively attained by adhering to a steadfast investment philosophy and methodology. This approach revolves around generating sustainable returns that can be harnessed by
future generations, rather than solely focusing on risk management.
YEAR
MISSOURI SOUTHERN FOUNDATION
STANDARD & POOR’S 500
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
10.25% 18.18% 0.34% 9.71% 14.48% 3.87% -1.08% 13.74% 9.98% 4.82% -2.9% 27.8% -16.2% 9.9% 11.9% 12.0%
12.78% 0% 13.41% 29.60% 11.39% -0.73% 9.54% 19.42% -6.24% 28.88% 16.26% 26.89% -18.01% 26.29% 18.38% N/A
40% 30% 20% 10% 0% -10% -20% -30% 2010 6
2011
2012
2013
2014
2015
2016
2017
2018
Missouri Southern Foundation | Annual Endowment Report | FY25
2019
2020
2021
2022
2023
2024
2025
Missouri Southern Foundation Standard & Poor’s 500
T
he Missouri Southern Foundation generates earnings from annual interest based on the performance of
its endowed fund investments. To ensure consistent financial management, the Foundation Board of Directors establishes an annual spending policy, determining the allocation of earnings for expenditure and reinvestment. This approach maintains predictability in the disbursement of funds from endowed sources. The strategic management of endowment fund balances ensures the preservation of long-term assets, supporting the needs of current and future students. The Board of Directors of the Missouri Southern
Foundation determines an endowment spending policy, subject to annual board approval. For Fiscal Year 2025 (July 1, 2024 - June 30, 2025), the spending rate was set at 4% of the 3-year rolling average of the total market value of each permanent and quasi-endowment fund as of June 30th.
EXAMPLE: The 3-year rolling average of XYZ Endowment is $100,000. The allocation of earnings would be:
$4,000 (4%)
is spent for the purpose of the endowment.
$1,750 (1.75%)
is used for the endowment management fee.
If more than $5,750 (spend rate + endowment management fee is generated, the excess is added back to the endowment to offset inflation.
Missouri Southern Foundation | Annual Endowment Report | FY25
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T
he Missouri Southern Foundation serves as a diligent steward of the generous contributions it receives,
ensuring that every gift is allocated appropriately. Through transparent financial management and a commitment to accountability, the Foundation maximizes the positive impact of every donation, fostering trust and confidence among our donors. Total contributions includes all gifts and gift commitments to the Missouri Southern Foundation within each fiscal year.
YEAR
TOTAL CONTRIBUTIONS
2025
$7,992,004
2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
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$8,002,802 $16,425,531 $2,453,382 $5,133,642 $4,841,705 $2,936,000 $3,288,218 $3,628,823 $2,207,194 $4,733,649 $2,532,084 $1,055,082 $1,151,922
YEAR
TOTAL CONTRIBUTIONS
YEAR
TOTAL CONTRIBUTIONS
2011
$3,457,665
1997
$1,779,472
2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
$827,100 $3,060,322 $2,503,372 $2,048,296 $2,118,946 $703,639 $914,058 $1,302,003 $1,384,338 $1,350,409 $2,061,706 $2,280,209 $2,497,112
Missouri Southern Foundation | Annual Endowment Report | FY25
1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
$1,481,440 $390,355 $638,737 $430,413 $349,408 $202,690 $251,968 $200,624 $654,861 $319,077 $245,019
T
he following list of endowments were established in fiscal year 2024-25. An endowed gift to the University through the Missouri Southern Foundation allows for the creation of a lasting legacy. It exemplifies the
lasting power of private support. •
Cragin Art Gallery Endowment Fund
•
•
Dr. Donald Crockett Dental Hygiene Program
Michael T Williams Teacher Ed Scholarship Endowment
Director Endowment
•
Student Athlete Leadership Endowment
•
Dean and Martha Oglesby Family Scholarship
•
Henry “Bud” Morgan Endowed Professorship in
•
William H Duke Scholarship
•
Ryan C Sprowls Fast Track to Finance Scholarship
•
Michael T Williams International Travel Endowment
English •
Dr. Renee White Groovy Social Work Scholarship
•
Frese Family Scholarship
•
Janet K Myers Future Educator Scholarship
Missouri Southern Foundation | Annual Endowment Report | FY25
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The Missouri Southern Foundation expends endowment earnings at a rate of 4% of a three-year rolling average of the value of each endowment on student scholarships, faculty and departmental support, and facilities improvements. Revenue from earnings on non-endowed cash investments, unrestricted gifts, and fees are spent on general university support, fundraising activities, and administration of the Foundation.
MISSOURI SOUTHERN FOUNDATION EXPENDITURES FY25
Scholarships
$1,216,196
24.0%
Faculty/Dept. Support
$1,665,470
32.8%
Facilities Improvement
$525,441
10.4%
General University Support
$504,863
9.9%
$3,835
0.1%
Administration
$972,471
19.2%
Fundraising
$182,996
3.6%
Cultural
Faculty/Dept. Support Scholarships Facilities Improvements Fundraising General University Support Administration
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Missouri Southern Foundation | Annual Endowment Report | FY25
Missouri Southern Foundation | Annual Endowment Report | FY25
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