Ole Miss raises record amount for athletics
Another strong season on the football field coupled with a push to improve athletic facilities led to a record year from a giving standpoint for Ole MIss.
According to figures released today, the Ole Miss Athletics Foundation raised $27.4 million in 2014. The fiscal year came to an end June 30. Annual giving, which includes foundation membership and priority seating, accounted for just over half of the money raised.
The Vaught Society, which started in 2010 with 29 members, now has over 300 members, according to Ole Miss, another big reason for the increase. A total of $6.7 million in donations came from this area, with $6.3 coming from the Forward Together Capital Gift Agreements.
“This is an extraordinary demonstration of the generosity and commitment by the Ole Miss family,” Ole Miss Athletics Director Ross Bjork said in a release. “It remains our quest to provide our student-athletes with a world class experience. Our mission is being fulfilled each and every day because of the generosity of so many supporters who are filled with the Ole Miss spirit. There are many victories and achievements yet to be fulfilled but we cannot thank our donors enough as we move forward together.”
The last two years combined cash giving totals has been $53.4 million. This represents a 44 percent growth over the previous two years, which totaled $37 million ($17.5 million in 2011 and $19.5 million in 2012), according to the school.
“With such tremendous growth last year, our goal was to maintain similar levels of giving for 2014,” said Keith Carter, senior associate athletics director and executive director of the Ole Miss Athletics Foundation. “Experiencing an additional growth of $1.4 million shows just how committed Rebel Nation is to growing Ole Miss Athletics.
“We cannot thank the members of the Ole Miss Athletics Foundation enough for the support they continue to provide,” Carter added. “This generosity inspires us every day to keep building on the momentum and increase giving. We will continue to ask the Rebel family to step up in the coming months, and we know they will continue to respond.”