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FOUNDATION SUPPORT OF THE UNIVERSITY OF SOUTH ALABAMA

The Foundation contributed $9,771,000 to the University of South Alabama in support of scholarships, faculty support and academic programs for the fiscal year ended June 30, 2017. (Please see Detail 2017 link for complete listing.)
   
The Foundationís contributions included:
  • $1,136,289 for scholarships, including $750,000 for the Whiddon Scholars in the Honors Program;
  • $2,229,594 for faculty support, including 34 professorships;
  • $6,405,253 for academic programs, including:
    • $476,473 for support of the USA Foundation Research Fellowship and graduate assistantship stipends;
    • $3.4 Million for the Biplane Lab and GI equipment;
    • $1,076,124 for the Clinical Support Fund for clinical faculty; and
    • $622,010 for Hospital Equipment.
   
Total contributions from the Disproportionate Share Hospital Funds (DSH Funds) for the fiscal year ended June 30, 2017, were $5,130,752. The distributions provided support for hospital equipment, clinical support and state-of-the-art diagnostic equipment. The diagnostic equipment included a new Biplane Lab that will allow increased diagnosis and care of stroke and trauma patients and expanded GI scope equipment. In December, 2015, the Foundation began funding a three-percent distribution from the Disproportionate Share Hospital Funds (DSH Funds), and the funding for this new equipment is a part of the targeted distribution.
   
An update on the marketing efforts for the Brookley property was presented at the meeting of the Board of Directors on August 24, 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 $163 Million in support of the University of South Alabama
  • Through June 30, 2017, the Foundation provided more than $163 Million in support of the University of South Alabama for:
Scholarships $20,394,241
Faculty support $68,415,895
Academic programs $74,423,578.
 

P.O. Box 3148 Mobile, AL 36652-3148 (251) 432-2116 fax (251) 432-2108