WOFFORD COLLEGE: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- WOFFORD COLLEGE (EIN 57-0314422)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-22
- IRS object ID
- 201901429349300025
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-22T19:14:09-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVE STE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570314422 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOFFORD COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WOFF | BusinessNameControlTxt |
| Phone | 8645974226 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 429 NORTH CHURCH STREET | AddressLine1Txt |
| City | SPARTANBURG | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 293033663 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER L GARDNER | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 8645974226 | PhoneNum |
| Signature | 2019-05-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 7043771678 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.168.122.91 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-22 | IPDt |
| IP Tm | 16:18:33 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0B670C8C210F0245D71F1F8B052AA4E3CE9649D0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NAYEF H SAMHAT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 429 NORTH CHURCH STREET | AddressLine1Txt |
| City | SPARTANBURG | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 293033663 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $145,770,585 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WOFFORD.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1854 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | THE PURPOSE OF WOFFORD COLLEGE IS TO FUNCTION AS A LIBERAL ARTS INSTITUTION OF SUPERIOR QUALITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 1207 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,712,381 | PYContributionsGrantsAmt |
| CY Contributions Grants | $17,690,112 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $85,243,107 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $89,085,319 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,529,074 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,680,849 | CYInvestmentIncomeAmt |
| PY Other Revenue | $50,557 | PYOtherRevenueAmt |
| CY Other Revenue | $3,142,608 | CYOtherRevenueAmt |
| PY Total Revenue | $109,535,119 | PYTotalRevenueAmt |
| CY Total Revenue | $111,598,888 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $35,148,934 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,509,235 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $35,833,178 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $38,087,810 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,498,060 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $32,965,400 | PYOtherExpensesAmt |
| CY Other Expenses | $34,683,712 | CYOtherExpensesAmt |
| PY Total Expenses | $103,947,512 | PYTotalExpensesAmt |
| CY Total Expenses | $110,280,757 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,587,607 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,318,131 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $463,591,029 | TotalAssetsBOYAmt |
| Total Assets EOY | $460,340,168 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $127,241,977 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $106,742,974 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $336,349,052 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $353,597,194 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE PURPOSE OF WOFFORD COLLEGE IS TO FUNCTION AS A LIBERAL ARTS INSTITUTION OF SUPERIOR QUALITY. ITS CHIEF CONCERN IS THE DEVELOPMENT OF AN INTELLECTUAL, SPIRITUAL, AND AESTHETIC ATMOSPHERE IN WHICH SERIOUS AND INQUIRING MINDS OF STUDENTS AND FACULTY ALIKE WILL BE CHALLENGED TO A COMMON SEARCH FOR TRUTH AND FREEDOM, WHEREVER THAT SEARCH MAY LEAD, AND IN WHICH EACH PERSON MAY BECOME AWARE OF HIS OR HER OWN INDIVIDUAL WORTH, WHILE ASPIRING TO HIGH STANDARDS OF LEARNING AND MORALITY. IN SUCH AN ENVIRONMENT ALL MEMBERS OF THE WOFFORD COMMUNITY SHOULD DEVELOP INTELLECTUAL CURIOSITY, INDEPENDENCE OF THOUGHT, MATURITY OF JUDGMENT, SELF-DISCIPLINE, RELIGIOUS FAITH, AND MORAL CHARACTER SO THAT THEY WILL BE EVER SENSITIVE TO THE DUTIES AND RESPONSIBILITIES OF GOOD CITIZENSHIP AND RENDER EFFECTIVE LEADERSHIP AND GENEROUS SERVICE TO THE COMMUNITIES IN WHICH THEY LIVE. THIS CONCEPT OF LIBERAL EDUCATION IS IN HARMONY WITH THE IDEALS OF THE UNITED METHODIST CHURCH, TO WHICH THE COLLEGE IS RELATED. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $65,773,017 | ExpenseAmt |
| Grant | $37,509,235 | GrantAmt |
| Revenue | $84,672,535 | RevenueAmt |
| Desc | THE COLLEGE PROVIDED A LIBERAL ARTS EDUCATION TO APPROXIMATELY 1,670 STUDENTS FOR 2017-18, GRADUATING APPROXIMATELY 400 STUDENTS WITH BA OR BS DEGREES.THE COLLEGE IS COMMITTED TO AFFORDABILITY AND ACCESS TO STUDENTS OF ALL BACKGROUNDS. THE COLLEGE DISTRIBUTED IN EXCESS OF $37 MILLION IN FINANCIAL AID TO ASSIST STUDENTS IN MEETING THE FINANCIAL OBLIGATIONS OF ATTENDING THE INSTITUTION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $33,057,744 | ExpenseAmt |
| Revenue | $4,412,784 | RevenueAmt |
| Desc | THE COLLEGE PROVIDED AUXILIARY SERVICES FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF AND THE COMMUNITY. SUCH AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, ATHLETIC TEAMS AND CONTESTS, AND THE WELLNESS CENTER. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $98,830,761 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 318 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1207 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRISTOPHER GARDNER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8645974232 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 429 NORTH CHURCH STREET | AddressLine1Txt |
| City | SPARTANBURG | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29303 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| R MICHAEL JAMES | |||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES MILTON JOHNSON | |||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THE HON COSTA M PLEICONES | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ASHLEY RICHARDSON ALLEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER A P CARPENTER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUSTIN A CONVERSE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIMMY I GIBBS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| D CHRISTIAN GOODALL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| H NEEL HIPP JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REV JOHN W HIPP | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LAURA J HOY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEWART H JOHNSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS H JOYCE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REV WILLIAM F MALAMBRI III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JODIE W MCLEAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES C MEADORS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CRAIG D MELVIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BETTY J MONTGOMERY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR DANIEL B MORRISON JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN W MUNGO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WENDI M NIX | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CORRY W OAKES III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| L LEON PATTERSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STANLEY E PORTER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| J PATRICK PROTHRO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| J EDWIN REEVES JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE E TAYLOR JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSHUA S WHITLEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD B WILE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BISHOP WILLIAM H WILLIMON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOYCE PAYNE YETE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NAYEF SAMHAT | |||||||
| PRESIDENT | 40.00 | $381,457 | $0 | $90,452 | Yes (X) | ||
| DAVID WOOD | |||||||
| SENIOR VP FOR DEVELOPMENT | 40.00 | $219,263 | $0 | $31,978 | Yes (X) | ||
| DAVID BEACHAM | |||||||
| SENIOR VP FOR ADMINISTRATION | 40.00 | $141,197 | $0 | $20,859 | Yes (X) | ||
| BARBARA JEFFERSON | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $154,475 | $0 | $26,307 | Yes (X) | ||
| MIKE SOSULSKI | |||||||
| PROVOST | 40.00 | $153,960 | $0 | $55,528 | Yes (X) | ||
| MICHAEL AYERS | |||||||
| HEAD FOOTBALL COACH | 40.00 | $227,243 | $0 | $52,974 | Yes (X) | ||
| MICHAEL YOUNG | |||||||
| HEAD BASKETBALL COACH | 40.00 | $213,613 | $0 | $27,812 | Yes (X) | ||
| RICHARD JOHNSON | |||||||
| DIRECTOR OF ATHLETICS | 40.00 | $145,060 | $0 | $21,280 | Yes (X) | ||
| CALHOUN KENNEDY | |||||||
| ASSOC VP/EXEC DIRECTOR DEVELOPMENT | 40.00 | $144,503 | $0 | $29,615 | Yes (X) | ||
| BOYCE LAWTON | |||||||
| DEAN FOR STUDENT SUCCESS | 40.00 | $142,617 | $0 | $20,595 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,923,388 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $377,400 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 24 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE ROBINS & MORTON GROUP | |||||
| 400 SHADES CREEK PARKWAY | BIRMINGHAM | AL | 35209 | CONSTRUCTION | $13,400,452 |
| MCMILLAN PAZDAN SMITH ARCHITECTURE LLC | |||||
| PO BOX 5331 | SPARTANBURG | SC | 29304 | ARCHITECTURAL SERVICES | $1,372,053 |
| H GENERAL CONTRACTORS LLC | |||||
| 780 E MAIN STREET | SPARTANBURG | SC | 29302 | CONTRACTOR | $1,090,276 |
| SPARTANBURG REGIONAL MEDICAL CENTER | |||||
| 101 E WOOD STREET | SPARTANBURG | SC | 29303 | MEDICAL SERVICES | $152,672 |
| CANNON ROOFING LLC | |||||
| PO BOX 3030 | SPARTANBURG | SC | 29304 | ROOFING | $145,757 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $129,946 | FundraisingAmt |
| Related Organizations | $392,121 | RelatedOrganizationsAmt |
| Government Grants | $284,756 | GovernmentGrantsAmt |
| All Other Contributions | $16,883,289 | AllOtherContributionsAmt |
| Noncash Contributions | $1,219,490 | NoncashContributionsAmt |
| Total Contributions | $17,690,112 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $84,672,535 | $84,672,535 |
| ATHLETIC PROGRAM REVENUE | 711210 | $2,155,174 | $2,155,174 |
| CAMP REVENUE | 900009 | $460,039 | $460,039 |
| FOREIGN STUDY ADMINISTRATION | 900099 | $400,772 | $400,772 |
| SPECIAL PROGRAM FUNDING REVENUE | 611600 | $339,023 | $339,023 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,057,776 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,057,776 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $89,085,319 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,815,023 | TotalRevenueColumnAmt |
| Exclusion | $2,815,023 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $313,381 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $138,468 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $174,913 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $174,913 | TotalRevenueColumnAmt |
| Exclusion | $174,913 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $32,734,629 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,868,803 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,134,174 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,134,174 | TotalRevenueColumnAmt |
| Exclusion | -$1,134,174 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $96,195 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $129,946 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $164,426 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$68,231 | TotalRevenueColumnAmt |
| Exclusion | -$68,231 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GAIN ON EXTINGUISHMENT OF DEBT | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,035,926 | TotalRevenueColumnAmt |
| Exclusion | $3,035,926 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,035,926 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $111,598,888 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $89,085,319 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,823,457 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,509,235 | TotalAmt |
| Program Services | $37,509,235 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,275,476 | TotalAmt |
| Program Services | $849,610 | ProgramServicesAmt |
| Management And General | $118,265 | ManagementAndGeneralAmt |
| Fundraising | $307,601 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,848,236 | TotalAmt |
| Program Services | $23,731,552 | ProgramServicesAmt |
| Management And General | $2,776,098 | ManagementAndGeneralAmt |
| Fundraising | $1,340,586 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,083,462 | TotalAmt |
| Program Services | $1,778,860 | ProgramServicesAmt |
| Management And General | $197,257 | ManagementAndGeneralAmt |
| Fundraising | $107,345 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,669,894 | TotalAmt |
| Program Services | $3,197,651 | ProgramServicesAmt |
| Management And General | $1,271,153 | ManagementAndGeneralAmt |
| Fundraising | $201,090 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,210,742 | TotalAmt |
| Program Services | $1,869,220 | ProgramServicesAmt |
| Management And General | $218,660 | ManagementAndGeneralAmt |
| Fundraising | $122,862 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,243,211 | TotalAmt |
| Management And General | $1,243,211 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,276,539 | TotalAmt |
| Program Services | $924,600 | ProgramServicesAmt |
| Management And General | $276,402 | ManagementAndGeneralAmt |
| Fundraising | $75,537 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,700,783 | TotalAmt |
| Program Services | $2,270,639 | ProgramServicesAmt |
| Management And General | $331,102 | ManagementAndGeneralAmt |
| Fundraising | $99,042 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,050,031 | TotalAmt |
| Program Services | $921,911 | ProgramServicesAmt |
| Management And General | $91,903 | ManagementAndGeneralAmt |
| Fundraising | $36,217 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,826,888 | TotalAmt |
| Program Services | $4,826,888 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,099,991 | TotalAmt |
| Program Services | $1,824,834 | ProgramServicesAmt |
| Management And General | $172,444 | ManagementAndGeneralAmt |
| Fundraising | $102,713 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,651,133 | TotalAmt |
| Program Services | $1,651,133 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,723,127 | TotalAmt |
| Program Services | $8,458,770 | ProgramServicesAmt |
| Management And General | $264,357 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $599,623 | TotalAmt |
| Program Services | $197,426 | ProgramServicesAmt |
| Management And General | $402,197 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD SERVICES | $4,274,939 | $4,274,939 | |
| HOSPITALITY | $1,186,477 | $1,097,310 | $89,167 |
| ATHLETICS | $763,630 | $763,630 | |
| BOOKS/PERIODICALS | $621,828 | $621,828 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,665,512 | TotalAmt |
| Program Services | $2,060,725 | ProgramServicesAmt |
| Management And General | $1,499,720 | ManagementAndGeneralAmt |
| Fundraising | $105,067 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,280,757 | TotalAmt |
| Program Services | $98,830,761 | ProgramServicesAmt |
| Management And General | $8,951,936 | ManagementAndGeneralAmt |
| Fundraising | $2,498,060 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,122,187 | BOYAmt |
| EOY | $13,577,575 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,821,222 | BOYAmt |
| EOY | $36,614,041 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $632,945 | BOYAmt |
| EOY | $661,358 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $910,042 | BOYAmt |
| EOY | $1,036,121 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $320,136,071 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $117,574,838 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,509,702 | BOYAmt |
| EOY | $202,561,233 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,020,591 | BOYAmt |
| EOY | $76,470,101 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,729,201 | BOYAmt |
| EOY | $125,830,621 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,599 | BOYAmt |
| EOY | $159,900 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,631,540 | BOYAmt |
| EOY | $3,429,218 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $463,591,029 | BOYAmt |
| EOY | $460,340,168 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,017,207 | BOYAmt |
| EOY | $6,191,722 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,890,604 | BOYAmt |
| EOY | $7,843,562 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,872,109 | BOYAmt |
| EOY | $82,683,190 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,462,057 | BOYAmt |
| EOY | $10,024,500 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,241,977 | BOYAmt |
| EOY | $106,742,974 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,010,339 | BOYAmt |
| EOY | $134,196,757 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,728,139 | BOYAmt |
| EOY | $73,785,856 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,610,574 | BOYAmt |
| EOY | $145,614,581 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,349,052 | BOYAmt |
| EOY | $353,597,194 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $463,591,029 | BOYAmt |
| EOY | $460,340,168 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,318,131 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $15,325,973 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $604,038 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,120,532 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,572,309 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $87,065,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,712,381 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,690,112 | CurrentTaxYearAmt |
| Total | $147,160,663 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,120,532 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,572,309 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $87,065,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,712,381 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,690,112 | CurrentTaxYearAmt |
| Total | $147,160,663 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $33,060,135 | SubstantialContributorsTotAmt |
| Public Support Total170 | $114,100,528 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,660,527 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,335,442 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,360,538 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,573,761 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,128,404 | CurrentTaxYearAmt |
| Total | $10,058,672 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $157,219,335 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $408,133,563 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.72570 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART I | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE IS CLASSIFIED AS A PUBLIC CHARITY, A SCHOOL, IN ACCORDANCE WITH SECTION 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. HOWEVER, THE COLLEGE HAS ELECTED TO FOLLOW THE "SPECIAL RULE" FOR REPORTING CONTRIBUTIONS ON SCHEDULE B WHICH PROVIDES THAT 501(C)(3) ORGANIZATIONS THAT SATISFY THE 33 1/3% SUPPORT TESTS OF SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) NEED ONLY DISCLOSE ON SCHEDULE B GIFTS FROM ANY ONE CONTRIBUTOR THAT TOTAL THE GREATER OF (1) $5,000 OR (2) 2% OF TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS RECEIVED. THEREFORE, THE COLLEGE HAS COMPLETED THE SUPPORT SCHEDULE IN PART II TO SUBSTANTIATE THAT IT MEETS THE PUBLIC SUPPORT TEST. THE COLLEGE CONTINUES TO QUALIFY AS A SCHOOL. | ExplanationTxt |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $194,389,675 | BeginningYearBalanceAmt |
| Contributions | $4,667,684 | ContributionsAmt |
| Investment Earnings Or Losses | $15,657,920 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,251,474 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,473,249 | OtherExpendituresAmt |
| End Year Balance | $205,990,556 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $172,366,619 | BeginningYearBalanceAmt |
| Contributions | $9,306,857 | ContributionsAmt |
| Investment Earnings Or Losses | $21,499,220 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,198,672 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,584,349 | OtherExpendituresAmt |
| End Year Balance | $194,389,675 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $184,707,575 | BeginningYearBalanceAmt |
| Contributions | $4,529,973 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,375,296 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,495,633 | GrantsOrScholarshipsAmt |
| End Year Balance | $172,366,619 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $191,830,918 | BeginningYearBalanceAmt |
| Contributions | $3,803,113 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,555,275 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,068,542 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,302,639 | OtherExpendituresAmt |
| End Year Balance | $184,707,575 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $167,509,297 | BeginningYearBalanceAmt |
| Contributions | $2,875,728 | ContributionsAmt |
| Investment Earnings Or Losses | $31,180,862 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,764,591 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,970,378 | OtherExpendituresAmt |
| End Year Balance | $191,830,918 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01300 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.70420 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.28280 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,152,944 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $31,878,811 | OtherCostOrOtherBasisAmt |
| Book Value | $35,031,755 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $223,254,168 | OtherCostOrOtherBasisAmt |
| Depreciation | $94,788,128 | DepreciationAmt |
| Book Value | $128,466,040 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $53,669,464 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,786,710 | DepreciationAmt |
| Book Value | $30,882,754 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,180,684 | OtherCostOrOtherBasisAmt |
| Book Value | $8,180,684 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $202,561,233 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ABSOLUTE RETURN FUNDS | $16,099,454 | F |
| DIRECTIONAL HEDGE FUNDS | $25,237,726 | F |
| EQUITY COMMON AND COMMINGLED TRUST FUNDS | $74,447,954 | F |
| INFLATION HEDGING COMMON TRUST FUNDS | $10,045,487 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $125,830,621 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCES FROM FEDERAL GOVERNMENT | $195,426 |
| POSTRETIREMENT BENEFITS OBLIGATION | $7,463,963 |
| ASSET RETIREMENT OBLIGATIONS | $478,509 |
| ADVANCES UNDER LINE OF CREDIT | $1,300,000 |
| CAPITAL LEASES PAYABLE | $586,602 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,024,500 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $88,646,969 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $15,325,973 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$37,337,575 | OtherRevenueAmt |
| Revenue Not Reported | -$22,011,602 | RevenueNotReportedAmt |
| Revenue Subtotal | $110,658,571 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,243,211 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$302,894 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $940,317 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $111,598,888 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $71,831,205 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $302,894 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $302,894 | ExpensesNotReportedAmt |
| Expenses Subtotal | $71,528,311 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,243,211 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $37,509,235 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $38,752,446 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $110,280,757 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 900 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING ACADEMIC SCHOLARSHIPS, ENDOWED CHAIRS, AND OTHER OPERATIONS OF THE COLLEGE. |
| PART X, LINE 2: | THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. THE COLLEGE HAS EVALUATED THE EFFECT OF U.S. GAAP GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE COLLEGE CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION. MANAGEMENT ALSO BELIEVES THAT THERE ARE NO OTHER UNCERTAIN TAX POSITIONS AT JUNE 30, 2018 AND 2017. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT ASSISTANCE -37,509,235. CHANGE IN ESTIMATE OF COLLECTIBILITY OF PLEDGES RECEIVABLE 43,299. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 128,361. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES SHOWN NET OF REVENUES ON FINANCIALS -164,426. RENTAL EXPENSES SHOWN NET OF REVENUE ON 990 -138,468. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES SHOWN NET OF REVENUES ON FINANCIALS 164,426. RENTAL EXPENSES SHOWN NET OF REVENUE ON 990 138,468. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT ASSISTANCE 37,509,235. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | WOFFORD COLLEGE GENERALLY PUBLISHES THE FOLLOWING STATEMENT IN ALL OF ITS COURSE CATALOGS, BROCHURES, AND ON ITS WEBSITE: IT IS THE POLICY OF WOFFORD COLLEGE TO PROVIDE EQUAL OPPORTUNITIES AND REASONABLE ACCOMODATION TO ALL PERSONS REGARDLESS OF RACE, COLOR, CREED, RELIGION, SEX, AGE, NATIONAL ORIGIN, DISABILITY, VETERAN STATUS, SEXUAL ORIENTATION OR OTHER LEGALLY PROTECTED STATUS IN ACCORDANCE WITH APPLICABLE FEDERAL AND STATE LAWS. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES ANNUAL PAYMENTS FROM THE CITY OF SPARTANBURG AND COUNTY OF SPARTANBURG TO REPAY THE COLLEGE FOR THE CONSTRUCTION OF A PHYSICAL ACTIVITIES BUILDING AND FOOTBALL STADIUM CONSTRUCTED IN 1994-1995. THE COLLEGE RECEIVES FEDERAL PELL GRANTS AND WORK STUDY FUNDS FROM THE US DEPARTMENT OF EDUCATION AND IN-TURN AWARDS THESE FUNDS TO ITS STUDENTS WITH FINANCIAL NEED. IN ADDITION, THE COLLEGE IS REIMBURSED BY THE NATIONAL AERONAUTICS AND SPACE ADMINISTRATION AND THE NATIONAL SCIENCE FOUNDATION FOR A COUPLE OF SMALL RESEARCH PROJECTS ON CAMPUS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $30,536,174 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $30,536,174 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $30,536,174 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PART IV, LINES 3 AND 4 | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE HAS OWNERSHIP IN VARIOUS FOREIGN ENTITIES AS A RESULT OF ALTERNATIVE INVESTMENTS THAT ARE PART OF THE COLLEGE'S INVESTMENT PORTFOLIO. THE COLLEGE'S OWNERSHIP PERCENTAGE IS NOT HIGH ENOUGH TO WARRANT THE FILING OF FORM 5471 AND THE COLLEGE IS NOT SUBJECT TO THE FORM 8621 FILING REQUIREMENTS FOR FY18. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | TERRIER BALL | Event1Nm |
| Gross Receipts Event1 | $201,856 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $124,156 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $77,700 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $50,615 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $38,756 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $23,169 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF TOURNAMENT | Event2Nm |
| Gross Receipts Event2 | $24,285 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $5,790 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $18,495 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $17,504 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $34,382 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $226,141 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $129,946 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $96,195 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $68,119 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $38,756 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $57,551 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $164,426 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$68,231 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID (SCHOLARSHIPS AND GRANTS) | GrantTypeTxt |
| Recipient | 1582 | RecipientCnt |
| Cash Grant | $8,585,658 | CashGrantAmt |
| Non Cash Assistance | $28,923,577 | NonCashAssistanceAmt |
| Valuation Method Used | TUITION RATE | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION DISCOUNT | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS AND SCHOLARSHIPS ARE PROVIDED TO STUDENTS ONLY FOR TUITION, FEES, AND ROOM AND BOARD. THE FUNDS ARE APPLIED DIRECTLY TO THE STUDENTS' ACCOUNTS AND CANNOT BE USED FOR OTHER PURPOSES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NAYEF SAMHAT | ||||||||||||||
| PRESIDENT | $381,457 | $0 | $0 | $0 | $0 | $0 | $49,300 | $0 | $41,152 | $0 | $471,909 | $0 | $0 | $0 |
| DAVID WOOD | ||||||||||||||
| SENIOR VP FOR DEVELOPMENT | $219,263 | $0 | $0 | $0 | $0 | $0 | $19,858 | $0 | $12,120 | $0 | $251,241 | $0 | $0 | $0 |
| DAVID BEACHAM | ||||||||||||||
| SENIOR VP FOR ADMINISTRATION | $141,197 | $0 | $0 | $0 | $0 | $0 | $12,929 | $0 | $7,930 | $0 | $162,056 | $0 | $0 | $0 |
| BARBARA JEFFERSON | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $154,475 | $0 | $0 | $0 | $0 | $0 | $15,394 | $0 | $10,913 | $0 | $180,782 | $0 | $0 | $0 |
| MIKE SOSULSKI | ||||||||||||||
| PROVOST | $153,960 | $0 | $0 | $0 | $0 | $0 | $14,520 | $0 | $41,008 | $0 | $209,488 | $0 | $0 | $0 |
| MICHAEL AYERS | ||||||||||||||
| HEAD FOOTBALL COACH | $227,243 | $0 | $0 | $0 | $0 | $0 | $44,594 | $0 | $8,380 | $0 | $280,217 | $0 | $0 | $0 |
| MICHAEL YOUNG | ||||||||||||||
| HEAD BASKETBALL COACH | $213,613 | $0 | $0 | $0 | $0 | $0 | $19,666 | $0 | $8,146 | $0 | $241,425 | $0 | $0 | $0 |
| RICHARD JOHNSON | ||||||||||||||
| DIRECTOR OF ATHLETICS | $145,060 | $0 | $0 | $0 | $0 | $0 | $13,195 | $0 | $8,085 | $0 | $166,340 | $0 | $0 | $0 |
| CALHOUN KENNEDY | ||||||||||||||
| ASSOC VP/EXEC DIRECTOR DEVELOPMENT | $144,503 | $0 | $0 | $0 | $0 | $0 | $13,767 | $0 | $15,848 | $0 | $174,118 | $0 | $0 | $0 |
| BOYCE LAWTON | ||||||||||||||
| DEAN FOR STUDENT SUCCESS | $142,617 | $0 | $0 | $0 | $0 | $0 | $12,686 | $0 | $7,909 | $0 | $163,212 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE COLLEGE PROVIDES HOUSING TO BOTH THE PRESIDENT AND THE PROVOST FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THEY CAN EACH PERFORM ESSENTIAL COLLEGE BUSINESS AND ACTIVITIES AT THE HOME. THIS BENEFIT IS NONTAXABLE. |
| PART I, LINE 4B | MIKE AYERS IS THE ONLY ACTIVE PARTICIPANT IN THE 457F PLAN. IN 2017, THERE WERE $25,000 OF EMPLOYEE CONTRIBUTIONS MADE TO THE PLAN. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| SOUTH CAROLINA EDUCATION FACILITIES AUTHORITY-SERIES B | ||||||||
| A | 576000286 | 281901CA4 | 2007-03-28 | $4,680,000 | EDUCATIONAL FACILITIES REVENUE | 0 | 0 | 0 |
| SC JOBS ECONOMIC DEVELOPMENT AUTHORITY | ||||||||
| B | 570960018 | 000000000 | 2010-12-23 | $25,000,000 | ECONOMIC DEVELOPMENT REVENUE BONDS | 0 | 0 | 0 |
| SC JOBS ECONOMIC DEVELOPMENT AUTHORITY | ||||||||
| C | 570960018 | 000000000 | 2015-11-05 | $50,000,000 | ECONOMIC DEVELOPMENT REVENUE BONDS | 0 | 0 | 0 |
| SC JOBS ECONOMIC DEVELOPMENT AUTHORITY | ||||||||
| D | 570960018 | 000000000 | 2016-07-13 | $24,360,000 | ECONOMIC DEVELOPMENT REVENUE BONDS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $1,820,000 | $4,680,000 | $65,865 | $4,614,135 | 2007 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $10,810,638 | $28,450,000 | $100,000 | $28,350,000 | 2012 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $13,600,000 | $50,000,000 | $205,398 | $49,794,602 | 2018 | 0 | 0 | 0 | Yes (1) | |
| D | $955,000 | $27,794,978 | $310,328 | 2017 | 0 | Yes (1) | Yes (1) | Yes (1) | $27,484,650 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | |||||||||||
| A | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | ||
| (no name) | |||||||||||
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| BB&T | |||||||||||
| C | 0 | 0 | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| (no name) | |||||||||||
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 65 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,131,553 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV QUOTED MARKET PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MEALS, OTHER | Desc |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $87,937 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE GOVERNING BODY, THE BOARD OF TRUSTEES, IN ACCORDANCE WITH THE WILL OF BENJAMIN WOFFORD (FOUNDER), ARE ELECTED BY THE SOUTH CAROLINA CONFERENCE OF THE UNITED METHODIST CHURCH. THE PROCESS FOR TRUSTEE SELECTION AND ELECTION IS ONE INVOLVING ADVICE AND CONSENT AMONG AND BETWEEN MEMBERS OF THE BOARD OF TRUSTEES AND APPROPRIATE REPRESENTATIVES OF THE CHURCH BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO FILING. THE FINAL FORM 990 IS PROVIDED TO THE FULL BOARD AFTER FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE'S CONFLICT OF INTEREST POLICY APPLIES TO ITS BOARD OF TRUSTEES AND OFFICERS. IT IS THE RESPONSIBILITY OF EACH TRUSTEE AND OFFICER TO ENSURE THAT APPROPRIATE REPRESENTATIVES OF THE COLLEGE ARE MADE AWARE OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT COULD CONFLICT WITH THE INTERESTS OF THE COLLEGE SO THAT THE COLLEGE CAN SATISFY THE REQUIREMENTS OF ALL APPLICABLE LAWS, INCLUDING, WITHOUT LIMITATION, THE PROVISIONS OF SOUTH CAROLINA CODE ANNOTATED SECTION 33-31-831 ("STATUTE"). EACH TRUSTEE AND OFFICER IS REQUIRED ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY AND THE STATUTE AND DISCLOSE ANY PERSONAL, FAMILIAL, OR BUSINESS MATTERS, TRANSACTIONS, OR RELATIONSHIPS THAT REASONABLY COULD BE CONSTRUED TO GIVE RISE TO A CONFLICT OF INTEREST, REAL OR APPARENT, INVOLVING THE COLLEGE, THAT WOULD AFFECT HIS OR HER INDEPENDENT, UNBIASED JUDGMENT IN CARRYING OUT HIS OR HER DUTIES TO THE COLLEGE. IN ADDITION, EACH TRUSTEE AND OFFICER MUST DISCLOSE PROMPTLY IN WRITING ANY SUCH MATTERS, TRANSACTIONS, OR RELATIONSHIPS, NOT PREVIOUSLY DISCLOSED THAT COME TO HIS OR HER ATTENTION DURING THE COURSE OF A YEAR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT'S COMPENSATION IS ESTABLISHED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES, IN CONSULTATION WITH THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES. THE CHIEF FINANCIAL OFFICER PROVIDES RESEARCH DETAILING PRESIDENTIAL COMPENSATION LEVELS AT PEER INSTITUTIONS TO THE CHAIRMAN OF THE BOARD AND THE GOVERNANCE COMMITTEE, WHICH ARE USED IN EVALUATING AND ESTABLISHING THE LEVEL OF COMPENSATION FOR THE PRESIDENT. FOR OTHER OFFICERS OF THE COLLEGE, DURING THE SEARCH PROCESS, A COMPENSATION COMPARABILITY STUDY IS COMPLETED. AFTER THAT, COMPENSATION INCREASES HAVE BOTH AN INFLATIONARY AND DISCRETIONARY COMPONENT THAT IS APPROVED BY THE PRESIDENT OF THE COLLEGE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE'S ANNUAL AUDITED FINANCIAL STATEMENTS, IRS DETERMINATION LETTER, GOVERNING DOCUMENTS, AND FORM 990 AND SCHEDULES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN ESTIMATE OF COLLECTIBILITY OF PLEDGES RECEIVABLE 43,299. POSTRETIREMENT BENEFIT-RELATED CHANGES 432,378. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 128,361. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SC CONFERENCE OF THE UNITED METHODIST CHURCH | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4908 COLONIAL DRIVE | AddressLine1Txt |
| City | COLUMBIA | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHURCH | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 1 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER UNITRUSTS (5) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 429 NORTH CHURCH STREET | AddressLine1Txt |
| City | SPARTANBURG | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 293033663 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE | ExplanationTxt |