Central Mississippi Chapter of the Msu Alumni Association

“| Grants And Similar Amounts Paid:, Amount:| Central MS MSU Alumni Endowment Scholarship Fund at Mississippi State University, $4000| Angel Tree Gifts, $250| Blue and Bill Reeves Student Travel Fund, $258|”

“| Other Expenses:, Amount:| MSU Send Off Party for Incoming Students, $3302| Storage Fees, $960| Community Service Projects, $59| Miscellaneous, $8663|”

“| Explanation:, Amount:| Unknown difference, $2| Donation Refund of $2,500 - Donor mistakenly donated to our organization; therefore we returned the funds, $-2500|”

“| Explanation:| Our Alumni Chapter provides scholarships to local students attending Mississippi State University MSU. We provided 8 scholarships this year by using the funds held in our endowment accounts at MSU that totaled $14,000 in scholarships. This $14,000 was used to award 5 $2,000 scholarships to Senior high school students who attend high schools within the Hinds Madison and Rankin County areas. We also awarded 2 $1,000 scholarships to Junior College transfer students. In addition we awarded one student the Carlie Nichols Scholarship in the amount of $2,000. Our scholarships are meant to aid deserving students who want to attend MSU but are in need of financial assistance. Scholarships are awarded based on financial need grades ACT scores leadership ability and character. The majority of monies raised by our Chapter are used to fund scholarships. Our long-term goal is to be able to raise more funds through donations contribution and fundraising to provide additional scholarships for future students. Since 2020 our long-term goal has been hindered by the Coronavirus Pandemic. Our organization has not been able to generate the funds that it generated before the Coronavirus Pandemic. This year our Alumni Chapter donated $4,000 from our operating account to our endowment accounts that are held at MSU. This donation was made at the same level as the previous year. Our goal this year continues to be focused on growing the endowment to ensure that it will continue to generate enough funds to cover our minimum number of scholarships. In 2020 our organization completed our pledge to establish a $25,000 Carlie Nichols endowment fund thanks to our donors and fundraising efforts. It is a long-term goal of our organization to continue to donate to this endowment to increase the historical amount to at least $50,000. When the historical amount exceeds $50,000 it is our hope that the earnings from this account will fully fund one $2,000 annual scholarship. This year we donated $1,000 of our total donation of $4,000 to the Carlie Nichols Endowment.”