*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
The salaries and benefits of the employees of the University of Southern Mississippi Foundation are paid like any other staff or faculty member at this university and are all members of the PERS retirement system which exists for the benefit of the State’s public employees. (Emphasis added.) The Director of the Foundation stated that “[a]s an employee of the University of Southern Mississippi, I report direct to President Shelby Thames.” The performance of Director of the Foundation is evaluated by the President of USM. USM administrators nevertheless claim their Foundation is not a public body.
However, while Dr. Doty boasts that he can do pretty much what he wants with his "booze account", donors and taxpayers are told that the uses made of their money is none of their business -- it is all confidential.
Between 2003 and 2005, USM "contributed" 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.
The complete document is located at http://www.usm.edu/foundation/PDF%27s/Annual%20Report%2004-05.pdf . The specific part of the document is located at page 15.