Jackie Bailey (front, center) spends time with grandchildren (from left) Mary Alex, Libby, Bailey, Ellen and Thomas and family members (back, from left) Matthew and Elisha Blades Bailey and Patrick and Mary Shellie Bailey Carr. Bailey has contributed $100,000 toward construction of a new home for the University of Mississippi's Patterson School of Accountancy. Photo courtesy Jackie Bailey
Gift assists construction of new Patterson School
By Andy Belt
The University of Mississippi‘s Patterson School of Accountancy plans to name two study spaces in its new home in honor of alumna Jackie Bailey‘s family, showing appreciation for their $100,000 gift to the school’s new building fund.
Bailey, a 1981 graduate of the School of Business Administration with an emphasis in accounting, said she was eager to contribute to the fund, giving credit to Ole Miss for starting her on a path to success.
“My professional career was possible because of my degree and the connections I made at the university,” said Bailey, a retired CPA and former member of the Beta Alpha Psi accountancy honor society.
“I’m proud of what Dean (Mark) Wilder has done with the accounting school, and I’m thrilled that we’re going to have our own building in such a gorgeous, prominent part of campus.”
The building is planned for the corner of University Avenue and Grove Loop. Its 110,000 square feet will house study spaces, administrative, and faculty office suites, outdoor spaces and tiered auditoriums.
The Patterson School is ranked No. 8 in the nation and No. 1 in the Southeastern Conference, marking the 10th consecutive year of top 10 rankings for the school.
Wilder called Bailey’s gift “instrumental” to the construction of the new home for accounting students.
“We are grateful for Jackie’s generosity and support,” Wilder said. “She is a wonderful ambassador for us, and we are proud to have her as an alumna of the Patterson School.
“Our school gets stronger every year, and we believe this new building will help us reach our goal of being the top accountancy school in the nation.”
The growth in student enrollment is driving plans for the new academic home with a cost of more than $100 million.
After graduating, Bailey enjoyed a 27-year career in public accounting, beginning in Jackson at the firm Hagaman, Roper, Haddox and Reid—now Haddox Reid—and ending at Horne LLP, including a stint working for former Ole Miss football player-turned-accountant Jim Poole.
Nearly three decades later, Bailey left public accounting to become COO for the Community Foundation for Mississippi, a nonprofit organization based in Jackson. She retired in 2021 and lives in Byram.
Bailey and her late husband, Ricky, have two children: Matt Bailey and Mary Shellie Bailey Carr, both Ole Miss graduates. Their son followed in his mother’s footsteps, earning bachelor’s and master’s degrees in accountancy in 2006 and 2007, respectively, while their daughter earned a bachelor’s degree in biology in 2009.
In her free time, Bailey enjoys spending time with her son and two grandchildren in Jackson and her daughter and three grandchildren in Oxford.
“We all love Ole Miss and have benefitted from going to college there; that’s why I wanted to give back,” Bailey said.
Jason McCormick, executive director for development, called Bailey “an incredible longtime supporter of the Patterson School.”
“When the building fund came around, it was something we talked about,” he said. “She’s always been passionate about the school. We can’t thank her and her family enough.”
Bailey’s support will go toward Now & Ever: The Campaign for Ole Miss, a fundraising initiative to secure $1.5 billion in private gifts to strengthen the university for generations to come.
Naming opportunities are available in the new building beginning at $25,000 and going up. For more information on supporting the Patterson School of Accountancy Building Fund, contact Jason McCormick, senior director of development, at jason@olemiss.edu or 662-915-1757.
