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FOUNDATION SUPPORT OF THE UNIVERSITY OF SOUTH ALABAMA

The Foundation approved contributions of $4,865,039 to the University of South Alabama in support of scholarships, faculty support and academic programs for its semi-annual contributions in December, 2017. (Please see Detail 2018 link for complete listing.)
The Foundationís contributions included but are not limited to:
  • $375,000 for the Whiddon Scholars in the Honors Program;
  • $1,007,929 for faculty support, including 36 professorships;
  • $217,550 for USA Foundation Research Fellowships and graduate assistantship stipend support;
  • $110,000 for Faculty Development Fund for faculty travel support;
  • $62,500 for the Alumni Center, which is the second of four contributions totaling $250,000;
  • $540,242 from the Clinical Support Fund;
  • $312,602 from the Hospital Equipment Fund; and
  • $1,735,049 for the purchase of two da Vinci surgical robots Xi.
Contributions from the Disproportionate Share Hospital Funds (DSH Funds) for the six-month period through December, 2017, totaled $2,587,893. The Foundation Board approved funding the purchase of two da Vinci surgical robots Xi, which provides robotic surgery at USA Medical Center and an upgraded version at USA Childrenís and Womenís Hospital. The distributions also provided support for hospital equipment and support of clinical faculty. The Foundation Board was presented a report of the benefits of the surgical robots to patient care and training by Drs. John Marymont, Vice President for Medical Affairs and Dean of the College of Medicine, and Michael Finan, Director of the USA Mitchell Cancer Institute, and Mr. Owen Bailey, Chief Executive Officer of USA Health.
An update on the marketing efforts for the Brookley property was presented at the meeting of the Board of Directors on December 7, 2017. The Brookley property was purchased from the University in order to support the expansion of USA Childrenís and Womenís Hospital and is owned by Brookley Bay Front Properties, LLC, a wholly owned subsidiary of the Foundation.
More than $168 Million in support of the University of South Alabama

Through December 31, 2017, the Foundation provided more than $168 Million in support of the University of South Alabama for:

Scholarships $20,957,240
Faculty support $69,532,506
Academic programs $77,681,344.

 

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