Through the generosity of our donors, the dedication of our alumni and the passion of our friends, we are empowering a new generation of Golden Eagles who will lead, innovate and uplift communities. Your support fuels their opportunities, turning potential into progress— because at Southern Miss, we don’t just prepare for the future, we shape it .
With you, our students are ready for life .
Milestones define us. They remind us of where we’ve been—and point us toward where we’re going. At Southern Miss, we’ve crossed several meaningful thresholds this year, each made possible by the generosity of many, including you.
Every day, I witness the heartbeat of this institution in our students, in the faculty who challenge and champion them and in the programs that push boundaries and change lives. Behind these powerful moments is the support of donors like you—support that fuels bold ideas and relentless pursuit.
Whether it’s preserving our literary heritage through the de Grummond Children’s Literature Collection, expanding transformative services for children on the Gulf Coast through DuBard School and The Children’s Center or opening doors through scholarship support as we move the vision of Ms. Oseola McCarty from a dream to reality, your philanthropy is shaping the story of Southern Miss.
Because of you, we’re not just meeting needs—we’re building a future defined by excellence and opportunity.
One of my top priorities as the 11th President of The University of Southern Mississippi is growing enrollment. Privately-funded scholarship support is essential to this effort. The Leadership Scholarship Endowment initiative, for example, helps us attract outstanding students with
demonstrated character, work ethic, integrity and grit. These students often lead others to Southern Miss, helping to drive growth and elevate our community. We’re continuing to build endowed support for this program, and I invite you to join me in supporting this important effort.
At my inauguration, I challenged our faculty and staff to make Southern Miss distinctive in preparing students to be ready for life.
I see that vision in action every day—as students pursue their passions in rigorous academic programs, conduct groundbreaking research with expert faculty and explore the world through service learning, internships and study abroad. Your continued support enables this vital work and empowers our students to build extraordinary lives.
You are part of a community that believes in the transformative power of education—and acts on it. Your gifts are more than donations; they are investments in grit, potential and the audacity to dream big. In the pages that follow, you’ll see how your generosity has made a difference—through stories of impact, perseverance and achievement from the past year. I hope you read them and see yourself in every success.
Southern Miss to the Top!
Joseph S. Paul, Ph.D. President, The University of Southern Mississippi
It’s clear that this past year has been a testament to the power of philanthropy. Through the generosity of our donors, we have made significant strides in meeting critical needs and expanding opportunities for our students and faculty, as well as communities in South Mississippi.
In the pages of this report, the impact of giving is shown through many lenses— stories of students whose lives have been changed, programs elevated and even future looking plans not fully realized.
This year has reinforced what we already know to be true: when people come together for a cause, extraordinary things happen. Every gift, large or small, has played a role in making these achievements possible. We are grateful to each donor who has contributed to these initiatives—whether through a transformational million-dollar gift or a heartfelt contribution of $20, every act of generosity has fueled progress.
Dr. Paul has set an audacious vision for Southern Miss. Our sights are set on being distinctive, on being substantively different from other national research universities in the context of our academic programs, course offerings and student life—providing our students a value-added experience they won’t find in other places.
We are positioned to help our students be future oriented and ready for life.
Thank you for your investment, your trust and your unwavering belief in the power of giving. Together, we are shaping a brighter future for Southern Miss and beyond.
Thank you,
Stace Mercier Executive Director, USM Foundation
It is my privilege to share with you the remarkable impact your investments have had on The University of Southern Mississippi over the past year. The numbers tell a story of dedication, passion and an unwavering belief in the power of education to change lives.
Through the USM Foundation, an incredible $18.7 million was contributed in outright gifts and pledges. This generosity also extended to the future, with $125,000 in planned gift commitments ensuring a lasting legacy of support.
Furthermore, the Foundation was able to provide $10.4 million in direct support to the University, strengthening its mission and amplifying its impact.
These numbers, while impressive, only scratch the surface of what your contributions truly mean. As you turn the pages of this publication, you will see how your investment has made a lasting difference.
Because of you, more students are ready for life—equipped with the tools, knowledge and experiences necessary to thrive in their careers and communities.
Your generosity transforms lives, empowers students and strengthens the foundation of Southern Miss.
This work would not be possible without the heart, soul and commitment of our donors, alumni and friends who believe in the promise of Southern Miss. I am continually inspired by your support and how it shapes the future of this University and the lives of the students we serve.
On behalf of the USM Foundation and the entire Southern Miss family, thank you for your generosity, your vision and your steadfast belief in the power of education.
Together, we are building a stronger Southern Miss, creating opportunities and ensuring that every student is truly ready for life.
With gratitude,
Chris Anderson, MD President, USM Foundation Board of Directors
Keith
‘80 Retired Sr. VP & Deputy CIO Cadence Trust & Asset Management
Smith ‘97 Executive Strategic Partner –American Fidelity Assurance Company
Alvis
Marketing Programs & Support Manager Alabama Power Company
June
1953January 14, 2025
On January 14, 2025, The University of Southern Mississippi lost a steadfast friend, a cherished alumnus and one of its most generous investors: Charles “Chuck” C. Scianna Jr.
Scianna’s remarkable career as a businessman and civic leader was matched by his leadership and devotion to Southern Miss. He served on the USM Foundation Board of Directors, was an honorary Lifetime Member of the Southern Miss Athletic Foundation Board, and played a pivotal role in the University’s largest-ever fundraising campaign, which raised more than $156 million—two years ahead of schedule.
We continue to reflect on Chuck’s life and lasting impact with immense gratitude. His influence will continue to inspire future generations.
At The University of Southern Mississippi, graduating students ready for life is not a slogan—it’s a way of being. Dr. Joe Paul often shares that the Southern Miss culture of GRIT calls us to set big, audacious dreams and goals and to pursue them with an uncommon passion and relentless persistence. We aim to be distinctive—substantively different from other national research universities in our academic programs, course offerings and student life. Through that commitment, we provide our students a value-added experience they won’t find elsewhere.
This forward-focused mission is more than aspirational—it’s actionable. Southern Miss is intentionally positioned to help students be futureoriented and ready for life. That vision comes to life in countless ways across campus, and one compelling example is seen in the journey of Dylan Littles, a senior entrepreneurship major from Picayune, Mississippi.
Dylan’s story is one of perseverance, growth and transformation. From his first days at Southern Miss, he leaned into the opportunities around him, driven by the understanding that true education happens both inside and outside the classroom. He became deeply involved in student organizations, academic support programs and leadership development initiatives—all of which played a key role in shaping the person he is today.
His story is one of resilience and determination. Dylan is a first-generation college student who aspires to be an entrepreneur with deep roots in servant leadership—a concept he learned from those who paved the way so he could attend Southern Miss and those who mentored him throughout his college career.
Dylan shared, “The biggest thing for me is being able to see the next person succeed. A service mentality is what sparked the idea of being an
entrepreneur—to go for things that haven’t been done yet, to succeed or fail at them, but to have an end goal of helping others from the gain that I am getting.”
As the recipient of several scholarships, including the Joe Paul Student Leaders Scholarship, Kennard Scholars Program, Doug McQueen Emerging Leader Scholarship, Clyde Kennard Memorial Scholarship and several more—Dylan knows that his journey has been made possible because others chose to invest in his future.
He adds, “I’ll be the first in my family to graduate from a four-year university. It has really changed my trajectory of what I can do, all the abilities that I have and grown to possess since coming to Southern Miss. It has been life-changing. These scholarships didn’t just lift the financial load of attending college—they affirmed my desires to go after my goals and empowered me to lead with purpose.”
Each scholarship represents not just generosity, but belief: belief in who Dylan is, who he can become and the impact he will have on others as he carries forward the spirit of Southern Miss. Dylan is more than prepared to cross the graduation stage to pursue his dreams. He is ready for life.
Stories of students like Dylan are made possible through the generous support of donors like you who believe in the University’s mission.
Contributions to student programs and services have a profound impact, enabling the University to continue offering resources that shape the leaders of tomorrow. As we celebrate the achievements of our students, we extend our heartfelt gratitude to those who invest in their futures, ensuring that Southern Miss remains a place where potential is realized and dreams are achieved.
The Joe Paul Leadership Scholarship Program embodies the mission of Southern Miss to graduate students who are ready for life, empowering them with financial support and a platform to grow, engage and make a lasting impact.
Early in his presidency, Dr. Joe Paul brought back the program as a priority to connect the dots between recruiting engaged students and fostering the growth of a thriving campus community.
When students take an active role in campus life, they grow as leaders, collaborators and problem-solvers who are ready to tackle future challenges. They also raise the bar and create a demand for rising high school seniors who want to follow in their footsteps.
“It’s our goal that this program attracts students with lofty goals and resilient spirits who will personify the mantra of leaving Southern Miss better than they found it,” said Dr. Paul. “These promising high school students are our future leaders. Not only that, but other students in their class will likely follow them to Southern Miss, where they will engage in student government, Greek life and other organizations across campus.”
Backed by a growing wave of private philanthropy and a commitment to student success, the initiative has unlocked unprecedented opportunities for students, positioning Southern Miss as a hub for nurturing leadership potential.
Through its strategic approach to curriculum and student programming, its recipients—students like Ava Gayso and Lillian
Burge—are able to step into leadership roles and prepare for lives of purpose beyond graduation.
A freshman from Desoto Christian Academy, Ava embodies the spirit of the Leadership Scholars Program. Her impressive high school résumé included valedictorian, cheer captain and president of multiple student organizations.
She chose to attend Southern Miss after a Dinner with the Deans event that left her feeling inspired and eager about her opportunities to be engaged on campus while working toward a degree in Nutrition and Dietetics.
“I fell in love with Southern Miss at that event,” Ava shared. She quickly applied to the University and for several scholarships, one of which was the Leadership Scholarship. She shared, “When my campus recruiter called to tell me I was a recipient of the Leadership Scholarship, it was so special. I was overjoyed.”
Ava is the recipient of the Chuck and Rita Scianna Leadership Scholarship Endowment. She is one of five students whose scholarship is funded through a named endowment, created through private giving.
The Sciannas have long been stalwart supporters of Southern Miss, consistently demonstrating their dedication through transformative gifts that have bolstered leadership initiatives, business programs and the University’s overall mission. Their steadfast commitment through this scholarship fund underscores their belief in the power of education to shape future leaders.
“Already, this scholarship and program have given me so many opportunities—from being in the same room as other Leadership Scholars at events to learning how to fine-tune my leadership skills in the classroom,” said Ava. “I would not be here without donors who make scholarships possible—especially Chuck and Rita Scianna. Their generosity is making dreams come true.”
Lillian, a freshman from Forrest County Agriculture High School, has always been deeply involved in her community. From choir and student government to competition cheer and the Distinguished Young Women program, she arrived at Southern Miss ready to contribute.
“When I opened the GO System and saw that I had received a Leadership Scholarship, I was just so proud that my work had paid off. I felt really seen by the University,” Lillian said.
As the recipient of the Joe and Meg Paul Leadership Scholarship Endowment, Lillian has experienced firsthand the program’s impact. “On the second day of school, we all got together for a BBQ at Dr. and Mrs. Paul’s house, and instantly there was a sense of community that this scholarship program gave me,” she recalled.
embraced her role as a Leadership Scholar. “As a recipient, I instantly felt a sense of pride and belonging,” she said. “From the get-go, I knew I wanted to spread my wings and get my feet in all parts of Southern Miss.”
Lillian’s enthusiasm for campus life and being a Golden Eagle was fostered through the one-hour course all scholarship recipients must take during their first fall on campus. The course is a vital part of the program which encourages student engagement across various organizations and offers opportunities for further leadership development.
Meg Paul, a dedicated supporter of the program, recognizes its lasting influence. “Lillian is a bright and highly engaged student. Meeting her affirmed how these endowments can be a catalyst for personal and professional growth. The Leadership Scholars Program will continue to take our students and University to the next level.”
According to Dr. Paul, the core of this program is rooted in the understanding that students, at their best, care about Southern Miss. “They want to make it better by being a student here.”
His words resonate deeply with Lillian, who has enthusiastically
The Leadership Scholars Program is more than a scholarship, it’s an investment in the future. It is a catalyst for student growth, a foundation for community and a pathway to purposeful leadership. Stories like Ava’s and Lillian’s illustrate how this program equips students to lead with confidence and impact.
Dr. Paul has a bold vision to permanently endow the program to support
200 scholars, each receiving a $6,000 scholarship annually. Achieving this $30 million goal will take investments of all sizes.
This effort is already being advanced by a growing community of donors whose support reflects a deep belief in the transformative power of student leadership. Their contributions ensure that Southern Miss continues to attract and develop students who are prepared to lead on campus and beyond.
Opportunities to support the program are flexible and accessible—gifts may be made as one-time contributions, recurring donations or pledges over time. The Joe Paul Leadership Scholarship Endowment is the primary endowment for gifts of all sizes.
Donors who wish to create a lasting legacy through a named Leadership Scholarship Endowment may do so starting at $300,000.
By investing in this initiative, supporters are not only funding education—they are empowering future leaders who will shape communities, industries and lives. We invite you to be part of this important mission.
DONORS WHO HAVE COMMITTED A GIFT OF $1,000 OR MORE TO THE LEADERSHIP
Randy and Cheryl Alford
Chris and Theresa Anderson
Katie Anthony and Daniel Smith
Charles Arinder and Carol Saville
Lampkin and Susie Butts
Alan and Sherry Coats
Ricky and Lisa Conn
Dick and Mo Conville
Dick and Becky Cowart
Beverly Dale
Robert and Gay Dees
Chad and Katherine Driskell
Louie and Terry Ehrlich
Dave and Jaime Estorge
Philip and Cindy Gaddis
Kim Gallaspy
Tom and Leslye Gibbens
Dennis and Erin Granberry
Doc and Pam* Holliday
David and Connie Hosemann
Chris and Joyce Inman
Rex and Becky Kelly
Shea Kidd Brown
Jonathan and Jeri Krebs
Scott and Andrea Lanehart
Ed and Lynda Langton
Joy and Malcolm Lightsey
Adele Lyons
Art and Tammy Martin
Sean and Missy McGee
Andy and Stace Mercier
Kade and Jackie Moody
Bruce and Karen Moore
Ryan and Christy Myers
Gee and Holly Ogletree
Anthony Palazzolo
Helen Paul
Abb and Jennifer Payne
Rhonda Phillips
Roderick and Eula Posey
Melissa Saunders
Danny and Diane Skelton
Gene and Amy Smith
Chad and Leslee Smith
Bert and Robyn Stephens
Steve and Julie Strickland
Benny and Pam Waddle
Davis and Kim Wingo
Alvis and Shuntee Wright TGL
The Paul & Sherry Broadhead Foundation
The following have created a named Leadership Scholarship Endowment:
Joe and Meg Paul
Joe and Suzanne Quinlan
Chuck* and Rita Scianna
Billy and Mollie Van Devender
Hidden in attics, tucked away in our memories, and held close to our hearts are pieces of art that changed our lives: children’s books. Yet, beyond the pages we cherish lies a deeper story—one preserved and celebrated by the de Grummond Children’s Literature Collection.
Housed at The University of Southern Mississippi Libraries, the de Grummond Collection is a treasure trove of manuscripts, letters, sketches and more. It connects iconic childhood narratives with the scholarly and creative pursuits of writers, educators and researchers across the country.
Now known around the globe as a premier repository for research in children’s literature, the Collection was established in 1966 by Dr. Lena Y. de Grummond with a vision to create a world-class archive dedicated to children’s literature.
Today, the collection houses over 250,000 titles dating back to 1530, along with the original manuscripts and illustrations of more than 1,400 authors and illustrators—a feat and a treasure.
To ensure its continued growth, preservation and promotion, the USM Foundation launched the de Grummond Curatorship Endowment initiative in 2023 to provide essential support for the curator and the Collection.
In 2024, an anonymous benefactor issued a transformative challenge: if $1 million in commitments were secured by December 31, the donor would match the amount with an additional $1 million. We are proud to celebrate the successful completion of that challenge—a historic milestone that secures the future of one of the University’s most cherished assets through the Lena Y. de Grummond Curatorship Endowment.
It is fitting that this initiative, like the Collection itself, is built on the spirit
of generosity. More than 100 donors, with gifts ranging from $20 to $1 million, came together to make this vision a reality. Their contributions demonstrate that every gift matters—and that extraordinary things happen when people unite behind a shared purpose.
Because of the Collection’s reputation as one of the preeminent archives of children’s literature in the nation—and the world—support came from donors across 32 states. Together, they helped ensure that the de Grummond Collection will continue to educate, inspire and delight for generations to come.
The de Grummond Collection is an unparalleled resource that has become an essential hub for literary discovery.
Longtime supporter, author and donor Margaret McMullan, who, along with her husband, contributed $250,000 toward the endowment, shared her connection to the Collection.
“I understand the immense value of the de Grummond Collection. It is the best in the world, bar none, and we are thrilled that expanding the curatorship will provide many more fantastic opportunities for readers, writers and scholars not just in Mississippi, but all over the world.”
McMullan added, “It is a privilege to support its mission and help sustain this remarkable literary treasure for years to come.”
With committed gifts to the curatorship endowment totaling $2 million,
current curator Karlie Herndon expressed her gratitude and excitement for the future:
“The Lena Y. de Grummond Curatorship Endowment will be transformative—for the Collection, Southern Miss and for researchers, writers and readers worldwide. With the endowment, my choices as curator will go from choosing this-or-that to this-and-that. It is a huge leap for what we do, as we’ll be able to support local researchers and spread the word at national conferences; preserve precious items and purchase new ones; travel to donors and invite speakers to our University.
With the support of a generous community, I’m deeply grateful and incredibly excited about all the possibilities for the future of the de Grummond Children’s Literature Collection right here at Southern Miss.”
The role of a curator cannot be overstated. It is through the meticulous care and expertise of the curator and staff at the de Grummond that Southern Miss can maintain these collections—ensuring that the materials remain intact, accessible and ready for use.
From its very founding, the Collection is steeped in philanthropy—the act of giving—and the impact it can have on others.
Not only have books, manuscripts and artwork been donated to the Collection, donors have created a number of endowments through the USM Foundation for the purpose of supporting research. The Ezra Jack Keats Endowment, the HA and Margret Rey Curious George
Endowment, the Syd Hoff Research Fellowship and others have provided support to those who have a scholarly interest in children’s literature.
Powered by philanthropy, the Collection’s influence extends beyond archives and academia—it shapes careers, fosters creativity and preserves literary legacies.
For Abigail Jordon, a USM alumna and current publishing professional at Scholastic, the de Grummond Collection played a pivotal role in her journey.
A student curator during her time at Southern Miss, Jordon’s passion for literature was deepened by her exposure to the collection’s vast resources, particularly the works of Ezra Jack Keats.
“The de Grummond Collection and Keats’ work opened doors for me,” Jordon shared. “As a child, I adored The Snowy Day, but it wasn’t until college that I truly understood the importance of representation in children’s literature. My experiences at de Grummond shaped my path and my commitment to amplifying diverse voices in publishing.”
Deborah Pope, executive director of the Ezra Jack Keats Foundation, echoed Jordon’s sentiments. “If Ezra were here today, he’d be amazed by the lives his work has touched. The de Grummond Collection’s role in preserving these stories is invaluable—it is a national treasure.”
Completing the matching gift challenge for the Lena Y. de Grummond Curatorship Endowment is a testament to the enduring power of literature and philanthropy.
As Southern Miss continues its mission of education and research, the de Grummond Collection stands as a beacon of storytelling excellence—ready to inspire, educate and shape the literary landscape.
University President Dr. Joe Paul emphasized the significance of achieving the $1 million match to support the curatorship: “Lena Y. de Grummond’s vision has become a defining part of Southern Miss’ legacy. This curatorship endowment ensures her work will continue.”
As the de Grummond Children’s Literature Collection looks toward the future, this endowment stands as a testament to the profound impact of stories and the community that cherishes them.
“This achievement not only honors Dr. de Grummond’s vision but also
reinforces the University’s commitment to preserving the cultural and artistic significance of children’s literature,” said Stace Mericer, executive director of the USM Foundation. “We are thankful to all who have contributed to endow the curatorship.”
With a steadfast dedication to fostering imagination and scholarship, the Collection will continue to serve as a vital resource—bringing cherished stories to life, inspiring new generations and ensuring that the magic of children’s literature endures for years to come.
One step.
Then another.
And another.
The rhythm of a life dedicated to quiet diligence, purposeful motion and to unwavering generosity, Oseola McCarty walked these steps daily— down Hattiesburg streets, to and from the homes of her clients, and to the bank where she deposited hard-earned wages that would one day shape the future for Southern Miss students.
We celebrate those steps and a remarkable milestone in the legacy of an extraordinary woman. Gifts and commitments are now in place to ensure that the Oseola McCarty Scholarship Endowment will reach Ms. McCarty’s dream to have $1 million in the corpus. At this level, 20 students will receive a $2,000 scholarship annually in perpetuity.
What began as a $150,000 gift in 1995— representing a majority of her life’s savings— reflects the very nature of her generosity: small, steady steps accumulating into something profound.
Starting at the age of eight, Ms. McCarty worked after school beside her mother Lucy, grandmother Julia and aunt Evelyn. She began stashing away money she earned for safekeeping in her doll buggy. Her childhood dream was to become a nurse, but she left school in the sixth grade to care for her ill aunt and never made it back to the classroom. For 75 years, McCarty took in laundry and ironing work until arthritis forced her to stop.
Destiny Johnson, a McCarty Scholar who recently graduated with her nursing degree, is one of the many who have walked through doors Ms. McCarty opened. “Something I gained from receiving the scholarship is my confidence in what I do today, and the connections that I’ve made through the program.”
For Destiny, Ms. McCarty’s story is more than an act of kindness—it is a legacy she carries forward.
“Once I realized that Ms. Oseola wanted to be a nurse and that she had to give up her dream to help her family—I had no choice but to graduate. Now, I’m living her dream partly because of her. I’m grateful that she was able to give her life savings so students like me are able to start and finish their education.”
Ms. McCarty’s life was defined by sacrifice, yet she never saw it that way. She simply lived by the philosophy that “everything counts.”
She worked as a washerwoman, folding shirts and scrubbing linens with care, tucking away a portion of her modest earnings for a purpose beyond herself. When she made her gift in 1995, she did so with the understanding that she would never see the full impact of her benevolence. And yet, she gave anyway.
Since the fund was established, the journey of Ms. McCarty’s unwavering commitment to education and opportunity has been paved by the generosity of approximately 1,400 donors from 49 states throughout the United States and four foreign countries. These gifts have ranged from $1 to $75,000.
Many donors have often made a gift after hearing the story of Southern Miss’ most iconic donor and many of those gifts also come with their own inspiring story.
In 2013, a sixth-grade class at Alice G. Mulcahy Middle School in Tulare, California learned about Ms. McCarty through an article about her gift that was shared in the Wall Street Journal. Their teacher, Matthew Johnson, took the opportunity to discuss her life and introduce the concept of philanthropy.
Shortly after, the class was rewarded with a $50 cash prize for selling the most fundraiser tickets. When Mr. Johnson asked them what they wanted to do with the funds, the class decided to spend $10 on new playground equipment and donate the remaining $40 to the Oseola McCarty Scholarship Fund. As news began to spread at school about the students’ burgeoning donation, additional students and teachers came forward to also donate.
In total, $135 was mailed to the USM Foundation to add to the scholarship’s fundraising efforts. Mr. Johnson shared in a letter with the donation, “They were simply amazed by her story, and they wanted to know more about the scholarship fund. Just as Ms. McCarty, when we spend our money on others, we also spend it on ourselves.”
The stories behind donor gifts are both immeasurable and priceless— especially when considering the lasting impact Ms. McCarty continues to have on those inspired to give and those whose lives are directly and positively transformed by her scholarship fund.
Because of her and because of the many donors who followed suit, Southern Miss continues her mission of opening doors for students and creating opportunities that will ripple through generations.
Each scholarship recipient is enrolled in the Oseola McCarty Scholars Program, designed to honor her strong work ethic, giving heart and love for helping others. McCarty Scholars participate in activities centered around financial literacy, research, career planning and community involvement. They gain access to a customized curriculum and mentorship opportunities to foster their personal development.
Over the history of the program, the number of students impacted has steadily grown. Since inception and through the 2023-24 academic year, $667,831.81 in scholarships have been awarded to 133 students from south Mississippi.
In 1996, Hattiesburg residents Stephanie Bullock Ferguson and Carletta Y. Barnes received the first scholarships. Stephanie remembers the weight lifted from her shoulders when she received the scholarship:
“It was a relief; it just took such a load off. I didn’t have that stress of trying to figure out tuition and grants and loans - it was just one less thing I did not have to worry about. I think that added to my college experience, and it made it a lot more enjoyable. I could really concentrate on the future without having a burden of ‘How am I going to get through this?’”
The lives touched by Ms. McCarty’s generosity feel her presence in every milestone they reach. “It’s heartwarming to know that she really gave all she had for students like me,” Destiny reflects. “She gave knowing that generations of students would never be able to come face to face with her to say thank you.”
Stephanie, now a firm believer in the power of small contributions, shares how McCarty’s philosophy continues to inspire.
“Oftentimes we think, ‘I’m not a millionaire’ or ‘My gift of $50 is not going to make a difference.’ But, it does. When you start thinking of the number of McCarty scholars that scholarship was able to live on through simply because other people are still making those $20 contributions—it makes a difference. It just goes back to Ms. Ola’s philosophy: Nothing’s too small. Everything counts.”
As the USM Foundation continues to celebrate the $1 million milestone, each gift, each act of generosity, carries forward McCarty’s dream— collectively, one million steps toward a brighter future; one million steps in honor of a woman who took quiet, determined strides toward something greater than herself.
The path she paved is one of opportunity, and with every scholarship awarded, with every student empowered, Ms. McCarty’s legacy deepens, proving that small steps, taken with purpose by donors who follow in her path, can change the world.
“
When I leave this world, I can’t take nothing away from here. Whatever I have, it’s going to be left right here for somebody. Some child can get their education, to help them along, because you can’t do nothing now unless you get your education. I don’t regret one single penny I gave to the College. My only regret is that I didn’t have more to give.
– Oseola McCarty
“
Thanks to a $7.9 million federal grant and an extraordinary $4.5 million anonymous donation, a state-of-the-art facility is set to rise on The University of Southern Mississippi’s Gulf Park campus.
This project will significantly expand the life-changing services offered by DuBard School for Language Disorders and The Children’s Center for Communication and Development—two programs with a long-standing legacy of impact.
Since their founding, these esteemed programs have provided specialized support to more than 5,000 children with developmental and communication challenges.
Established in 1962, DuBard School serves children ages 3 to 13 with severe speech and language disorders. Founded in 1974, The Children’s Center provides transdisciplinary services to support children from birth to age five, helping them reach key developmental and communication milestones.
The demand for these services has never been greater. Currently, both programs operate at maximum capacity, with waiting lists delaying critical intervention. Mississippi Department of Health data estimates that in Mississippi’s lower six counties alone, approximately 600 children are eligible for early intervention services, with an additional 2,600 children qualifying for special education services.
“This new facility will allow us to serve more children, reduce wait times and eliminate transportation barriers that often prevent families from accessing specialized care,” said Dr. Lachel Story, dean of the College of Nursing and Health Professions, where both programs are housed. “It will also expand our capacity to train the next generation of professionals in speech-language pathology, audiology and dyslexia therapy—fields that are experiencing significant provider shortages across the Gulf Coast.”
The new 25,000-square-foot facility will provide much-needed space for classrooms, therapy rooms, observation areas and a multi-purpose space designed to meet the unique needs of both programs.
“This shared space will not only transform the lives of the children we serve but also serve as a beacon for evidence-based practices across the state,” said Sarah Myers, director of The Children’s Center. “Most importantly, this expansion will meet the needs of families for years to come.”
Early, intensive intervention programs give children a sturdy foundation to build a future. This collaborative initiative reflects a commitment by teams of University officials, legislative and congressional delegates and donors who have prioritized a brighter future for both organizations, to improving outcomes for Mississippi’s most vulnerable children.
resource for families across the state,” said Myers. “90% of a child’s brain develops before age five, making timely intervention crucial. With this expansion, we will reach more children, earlier—changing the trajectory of their lives.”
DuBard School’s Interim Director, Dr. Alison Webster, shares a timely understanding of access barriers: “Over a year ago, we were unable to serve a student from the Gulf Coast because the daily commute was simply too much for the family. That same student will be one of the first to receive services at our new Gulf Park location. This expansion is about ensuring that no child is left behind due to geography or access.”
and intervention services for generations to come.
With this expansion, DuBard School and The Children’s Center will be positioned to make an even greater impact in the years ahead. As these programs grow, so will the opportunities for children to receive the lifechanging care they need.
While construction is fully funded, additional philanthropic support is needed to outfit the facility with the technology and equipment required for these specialized services.
This project represents a crucial step forward, ensuring that families across Mississippi continue to have access to the highest quality support
With an anticipated groundbreaking date of Summer 2025, multiple naming and giving opportunities are still available through the USM Foundation—offering a lasting legacy of support for children and families who need it most.
At The University of Southern Mississippi, science isn’t confined to textbooks—it’s on display.
From groundbreaking cancer research to tackling obesity, infectious diseases and chronic illnesses, our faculty and students are driving innovationbased solutions that change lives—right here in Mississippi and beyond.
As a Carnegie R1 research institution, Southern Miss generates more than $100 million in research funding annually.
Also home to the National Institutes of Health, IDeA Network of Biomedical Research Excellence (MSINBRE), Southern Miss is shaping the future of biomedical research, training the workforce of tomorrow and elevating Mississippi’s research competitiveness on a national stage.
With a bold step forward, plans are being made to build a new Life Science Research Center that matches the ambition and impact of our world-class faculty and students in the School of Biological, Environmental and Earth Sciences.
More than just a building, this new facility represents the future of scientific discovery at our University where top-tier research, education and creativity come together.
In addition to MSINBRE, this new center will house a cutting-edge
biosecurity level three lab and expanded facilities for advanced biomedical innovation. Additionally, this space will:
• Expand and improve research capabilities, enhancing the resources, infrastructure and expertise available at Mississippi institutions.
• Develop a skilled and diverse workforce, ensuring that individuals entering biomedical and biotech research and health-related careers are ready for the real world and represent Mississippi’s diverse backgrounds and perspectives.
• Encourage persistence in STEM careers with a hyper-focus on retention and support for individuals pursuing careers in STEM fields, enabling mentoring programs, networking opportunities and resources to help students excel in their chosen fields.
• Build capabilities and collaboration, fostering partnerships between academic scientists and community-based organizations.
• Provide access to instrumentation and data analysis services, ensuring researchers have the tools and resources to conduct high-quality research.
• Lead the charge in strengthening STEM education and research in Mississippi, with a particular emphasis on biomedical research and health-related careers.
• Accelerate the University’s tech transfer and commercialization efforts.
Join us in building the future of scientific discovery. Together, we can make a lasting impact on Mississippi and the world.
Your support will fuel the next generation of scientists, entrepreneurs and STEM leaders—ensuring that Southern Miss remains at the forefront of life-changing research.
$18.7 MILLION
CONTRIBUTED THROUGH THE USM FOUNDATION IN OUTRIGHT GIFTS & PLEDGES
$125,000 IN PLANNED GIFT COMMITMENTS
THE USM FOUNDATION
were awarded to Southern Miss students totaling 2,443 PRIVATELY FUNDED SCHOLARSHIPS
$5.6 MILLION (A RECORD HIGH!)
$10.4 MILLION IN SUPPORT TO THE UNIVERSITY.
FINANCIAL AID
OTHER RESTRICTED PURPOSES
ACADEMIC DIVISIONS
FACULTY AND STAFF SUPPORT
OPERATION AND MAINTENANCE OF PLANT
UNRESTRICTED
LIBRARY
RESEARCH
As of June 30, 2024 and 2023
THE UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION JUNE 30, 2024 AND 2023
LIABILITIES AND NET ASSETS
THE UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION
CONSOLIDATED
Year Ended June 30, 2024
YEAR ENDED JUNE 30, 2024
Year Ended June 30, 2023
YEAR ENDED JUNE 30, 2023
As of June 30, 2024 and 2023
THE UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION CONSOLIDATED STATEMENTS OF CASH FLOWS JUNE 30, 2024 AND 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Change in Net Assets 28,904,021 $ 14,265,032 $
Adjustments to Reconcile Change in Net Assets to Net Cash Used by Operating Activities:
Depreciation 24,084 24,911
Fair Value of Donated Property and Equipment (25,000)Realized and Unrealized Gain on Investments, Net (14,687,052) (7,709,195)
Gain on Disposal of Property, Equipment and Construction in Progress
(1,000) (55,580)
Receipts of Restricted Contributions to be Held in Perpetuity (10,202,702) (5,021,596)
Restricted Dividends and Interest to be Held in Perpetuity 6,679 19,670
Change in Cash Surrender Value of Life Insurance 11,524 (38,690)
Change in Amounts Due from Externally Managed Trusts (1,465,375) (1,726,080)
Change in Gift Annuities (3,144) (1,520)
Present Value Adjustments in Annuities 18,047 13,165
Changes in Operating Assets and Liabilities:
Accrued Earnings (33,331) (22,156)
Prepaid and Other Assets (313,218) (405,085)
Pledges Receivable, Net (3,551,684) (1,335,843)
Accounts Payable and Accrued Expenses (152,556) (227,415)
Net Cash Used by Operating Activities (1,470,707) (2,220,382)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from Sale of Property and Equipment 1,000 130,252
Proceeds from Sale of Donated Property and Equipment 22,131Purchases of Property and Equipment (1,172,397) (132,896)
Distribution from Externally Managed Trusts 35,000 25,000 Purchases of Investments (25,158,832) (41,606,167)
Proceeds from Sales and Maturities of Investments 17,056,142 38,740,320
Net Cash Used by Investing
CASH FLOWS FROM FINANCING ACTIVITIES
Receipts of Restricted Contributions to be Held in Perpetuity 10,202,702 5,021,596
Restricted Dividends and Interest to be Held in Perpetuity (6,679) (19,670)
Cash and Cash Equivalents - Beginning of Year
Annuity Payments (17,734) (17,734) 10,178,289 4,984,192 (509,374) (79,681) 3,373,595 3,453,276
CASH AND CASH EQUIVALENTS - END OF YEAR
NONCASH ACTIVITIES
Property and Equipment Additions Included in Accounts Payable and Accrued Expenses 4,623 $ - $
The University of Southern Mississippi Foundation is a 501(c)(3) nonprofit organization committed to serving the University community by overseeing fundraising efforts to raise private support for scholarships and other academic needs at Southern Miss.
The Foundation manages donor contributions from alumni and friends of Southern Miss to provide our students with the most advanced educational opportunities.
The Foundation is governed by a volunteer Board of Directors, whose members serve as advocates for the University, its colleges and programs. Foundation Board members are committed to building successful partnerships with Southern Miss and its many generous supporters.
The University of Southern Mississippi Foundation 118 College Drive #5210 Hattiesburg, MS 39406
601.266.5210 | foundation@usm.edu usmfoundation.com