An anonymous pledge from a family to the University of Mississippi put $1 million into the Chancellor’s Trust as part of Giving Day.
Giving Day is a social media-heavy fundraising event that began Tuesday, April 5. When it ended, Giving Day lasted for one day, eight hours and 48 minutes in honor of UM’s founding in 1848. The first Giving Day at UM in 2019, secured almost $550,000, and the event has grown in the years since.
The $1 million donation to the Chancellor’s Trust was among the hundreds of gifts and pledges received during Giving Day.
“We are making this gift to the Chancellor’s Trust because we know Chancellor Boyce will use it to support areas on the Ole Miss campus that need it the most,” the generous anonymous donors said.
The donors met with Ole Miss Chancellor Glenn Boyce in the fall of 2021 to discuss UM’s funding priorities.
Established in 1975, the Chancellor’s Trust is an unrestricted fund used at the chancellor’s discretion to address the university’s most urgent needs. The chancellor may use the fund to provide additional scholarships, improve facilities, jumpstart building projects, expand student programs or respond to changing demands at the university.
“Gifts to the Chancellor’s Trust allow an immediate investment wherever the chancellor sees an opportunity,” said Vice Chancellor of Development Charlotte Parks.
Thus far during the annual fundraiser, this anonymous gift was the largest single Giving Day contribution.
Supporters can visit https://give.olemiss.edu to make a tax-deductible gift to Ole Miss.
By Staff Reports