Coming off historic fundraising years at the University of Mississippi and Mississippi State University, endowments at both schools have now topped the $1 billion mark.
The University of Mississippi, better known as Ole Miss, announced Wednesday that fiscal year 2025 saw a record $215.6 million in private donations pour in. It was a 28% increase from last year’s support from individuals and organizations.
“Our record-breaking philanthropy is fueling Ole Miss’ incredible momentum, enabling us to advance all area of our institution,” Chancellor Glenn F. Boyce said. “An achievement of this magnitude is only possible with the unwavering dedication of our donors, and we are tremendously grateful to them.
“We look forward to the impact these investments will have on our university and our work – for generations – leading to extraordinary levels of excellence.”
Earlier this month, Mississippi State University announced its endowment had surpassed $1 billion, in large part due to $260 million in private donations in fiscal year 2025. It’s the second year in a row Mississippi State has exceeded a quarter billion dollars in private gifts.
“Achieving this level of unprecedented success reflects the generous spirit of countless Mississippi State University friends, alumni, and partners,” President Mark E. Keenum said. “Words alone cannot express the deep appreciation I have for their meaningful investments in our students and the transformative work we are doing to serve our state and nation.
“We are blessed to have these resources and are committed to being good stewards of these gifts as we pursue life-changing research, meet critical needs, and prepare students to be leaders.”
Endowment growth at both universities comes from donor gifts and revenue generated from long-term investments. The majority of endowed funds are directed by donor designations such as scholarships, faculty support, research, and facility improvements.