*From the point of view of a full professor
PRIDE
at the College of Business at the University of Southern Mississippi*
Our core mission reflects taking PRIDE in all we do - Professionalism, Respect, Integrity, Discipline, Excellence
> USM denies “Between 2003 and 2005, USM paid more than $3,169,846.00 to support its Foundation. The total general and administrative and fund raising expenses of the Foundation for the same period totaled $4,466,875.00. Stated somewhat differently, public funds provided nearly 71% of the costs of operating the Foundation. (Exhibit 10)
See USM's 2004-2005 annual report. I would have provided you with a direct link to the Foundation’s website where the Foundation’s annual report had been available. However, the document has been removed. Therefore, I provide a link to the relevant page. Run the numbers for yourself and see.