2017-04-24T17:02:26-05:00 2016-06-30 BDO USA LLP 1100 Peachtree Street Suite 700 ATLANTA GA 303094516 990 2015-07-01 570967350 South Carolina Research Foundation % EDWARD L WALTON CFO/ASST TR SOUT 8037778411 915 BULL ST OSBORNE ADMIN BLDG 202 Columbia SC 29208 KELLY EPTING CFO 8037777094 2017-04-24 true Sandra L Feinsmith P01064157 4046886841 2017-04-20 2015 2021-01-29 14:40:06Z ITOLOGY Kester Freeman Int Exec Dir 915 BULL STREETSUITE 202 Columbia SC 29208 164001296 false X http://www.sc.edu/research/scrf.shtml X 1991 SC see schedule o 7 6 0 75 0 2275072 1968273 125417081 162029735 8552 3288 250821 0 127951526 164001296 162665 72526 0 0 995295 1023028 0 0 0 126953267 163104853 128111227 164200407 -159701 -199111 83589995 100538152 82801537 99948805 788458 589347 THE SOUTH CAROLINA RESEARCH FOUNDATION OPERATES FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF, THE UNIVERSITY OF SOUTH CAROLINA, MEDICAL UNIVERSITY OF SOUTH CAROLINA, CLEMSON UNIVERSITY, PALMETTO HEALTH, GREENVILLE HOSPITAL SYSTEM AND SPARTANBURG REGIONAL HEALTH SYSTEM INCLUDING BUT NOT LIMITED TO PROMOTING, ENCOURAGING, AND AIDING SCIENTIFIC RESEARCH AND INVESTIGATION. false false 163745323 72526 162029735 THE SOUTH CAROLINA RESEARCH FOUNDATION OPERATES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE UNIVERSITY OF SOUTH CAROLINA AND HEALTH SCIENCES SOUTH CAROLINA, INCLUDING BUT NOT LIMITED TO, PROMOTING, ENCOURAGING AND AIDING SCIENTIFIC RESEARCH AND INVESTIGATION. 163745323 true true false false false false false false false false true false false false false false false true false false false false false false false false false true false true false false false false false false false false false false false false true true false false false true 43 0 true 0 false false false false false false false false false false X 7 6 false false false false false true false true false false false false true true true true true false false false SC X EDWARD L WALTON CFOASST TR 8037777094 208 OSBORNE ADMIN BLDG Columbia SC 29208 KESTER FREEMAN CHAIR/EXECUTIVE DIRECTOR 3.0 5.0 X X 24000 150000 0 PAULA HARPER BETHEA VICE CHAIR 1.0 0.0 X X 0 0 0 BRENDA THAMES secretary 1.0 0.0 X X 0 0 0 RUSS MEEKINS EX OFFICIO 1.0 39.0 X 0 219300 0 DAVID BLACK DIRECTOR 1.0 0.0 X 0 0 0 honorable HUbert f MOBLEY DIRECTOR 1.0 0.0 X 0 0 0 FRED DELK DIRECTOR 1.0 0.0 X 0 0 0 PRAKASH NAGARKATTI EX OFFICIO 3.0 37.0 X 0 378459 0 HARRIS PASTIDES EX OFFICIO 1.0 37.0 X 0 144986 0 JOAN GABEL EX OFFICIO 1.0 39.0 X 0 138864 11051 HELGA RIPPEN EX OFFICIO 1.0 39.0 X 0 0 0 UMESH DALVI DIRECTOR 1.0 0.0 X 0 0 0 Edward Walton CFO 5.0 35.0 X 0 327902 0 24000 1359511 11051 0 false true false Duke University 2138 CAMPUS DRIVE BOX 90586 DURHAM NC 27708 subcontractor 510000 Wake Forest Medical Center Blvd WINSTONSALEM NC 27157 subcontractor 502988 University of North Carolina 100 Europa Drive Ste 540 CHAPEL HILL NC 275177583 subcontractor 494480 ORACLE INC PO BOX 203448 DALLAS TX 75320 CONSULTING 280569 RICHARD A LARSEN 67 MOUNTAIN VIEW RD FAIRFAX CA 94930 CONSULTING 270982 7 532204 1436069 1968273 RESEARCH CONTRACTS 900099 158113305 158113305 MANAGEMENT FEES 900099 3731976 3731976 OTHER PROGRAM SERVICE REVENUE 900099 184454 184454 162029735 3288 3288 0 0 0 0 0 0 0 0 0 0 164001296 162029735 3288 72526 72526 0 0 0 400797 376797 24000 0 622231 622231 0 0 0 144000 144000 74214 70989 3225 48023 1350 46673 0 0 0 0 46583 46583 89468 68549 20919 4832 4832 0 298578 109185 189393 18274 18274 0 0 0 0 62129 35255 26874 73032 73032 RESEARCH AND DEVELOPMENT 161961196 161961196 MISCELLANEOUS 284524 284524 164200407 163745323 455084 0 0 0 56389717 90540527 26893148 9810634 0 0 0 0 0 0 0 0 0 0 99466 52716 660150 525875 207664 134275 0 0 0 0 0 0 0 0 0 0 83589995 100538152 67840132 90416332 0 0 14940765 9532473 0 0 0 0 0 0 20640 0 0 0 0 0 82801537 99948805 X 754820 589347 33638 0 0 0 788458 589347 83589995 100538152 -199111 X X false true X true true true X X X 1 UNIVERSITY OF SOUTH CAROLINA 576001153 2 true 72526 0 1 72526 0 true false false false false false false false false false false false false false false true true true X true true SCHEDULE A, PART IV, SECTION D, LINE 3 No investments ARE held BY THE organization. A portion of the organization's budget supportS the activities of the supported organizationS, and to the extent that expenditures needED to be revised or increased to maintain that support, such changes were made to the expenditures. SCHEDULE A, PART IV, SECTION E, LINE 2A Excluding the specific work in SCIMPH and HSSC, substantially all of the activity in the SCRF pertained to supporting the University of South Carolina research mission. All of SCRF program services (sponsored awards to SCRF managed and controlled by USC, $26 million) and 94% of its management and general expenses ($428K) were specific to USC sponsored programs and to support research personnel and activities at USC. This constitutes 99% of the SCRF expenditures and revenue. SCHEDULE A, PART IV, SECTION E, LINE 2B One of the primary missions of any large state research university is to engage in research. USC engages in research directly with external sponsors and with the support of SCRF. In some cases, sponsors prefer the organizational formation of SCRF and SCRF is able to accommodate them to the benefit of the external sponsor and USC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131214 124471 6743 172528 44996 127532 356408 356408 134275 164001296 164001296 164001296 164200407 164200407 164200407 true university of south carolina 1600 hampton street columbia SC 29208 576001153 college 72526 SCHOLARLY RESEARCH 1 SCHEDULE I, PART I, LINE 2 THE RESEARCH FOUNDATiON AWARDS GRANTS TO THE UNIVERSITY OF SOUTH CAROLINA IN SUPPORT OF THE RESEARCH AND SCHOLARLY ACTIVITIES AT THE UNIVERSITY. UNIVERSITY FACULTY MEMBERS ARE ENCOURAGED TO SUBMIT PROPOSALs DETAILING THEIR RESEARCH OBJECTIVES. PROPOSALS MEETING THE PREDETERMINED CRITERIA ARE APPROVED FOR FUNDING BY A SELECTION COMMITTEE. INDIVIDUAL GRANT ACCOUNTS ARE ESTABLISHED FOR EACH PROPOSAL AWARDED WHICH ARE USED TO ACCUMULATE AND TRACK GRANT EXPENDITURES. GRANT EXPENDITURES ARE REVIEWED BY FOUNDATION STAFF MONTHLY. PAYMENTS TO THE UNIVERSITY ARE ON A MONTHLY COST-REIMBURSEABLE BASIS, AND ONLY COVER ACTUAL COSTS INCURRED. UPON COMPLETION OF THE RESEARCH, PROGRESS REPORTS ARE SUBMITTED TO FOUNDATION MANAGEMENT DETAILING RESEARCH HIGHLIGHTS, ACCOMPLISHMENTS AND ACHIEVEMENTS. X true true X false false false false false false false false false KESTER FREEMAN CHAIR/EXECUTIVE DIRECTOR 24000 150000 0 0 0 0 0 0 0 0 24000 150000 0 0 RUSS MEEKINS EX OFFICIO 0 219300 0 0 0 0 0 0 0 0 0 219300 0 0 PRAKASH NAGARKATTI EX OFFICIO 0 378459 0 0 0 0 0 0 0 0 0 378459 0 0 Edward Walton CFO 0 327902 0 0 0 0 0 0 0 0 0 327902 0 0 ORGANIZATION'S MISSION Form 990, Part I line 1 and Part III line 1 THE SOUTH CAROLINA RESEARCH FOUNDATION OPERATES FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF, THE UNIVERSITY OF SOUTH CAROLINA, MEDICAL UNIVERSITY OF SOUTH CAROLINA, CLEMSON UNIVERSITY, PALMETTO HEALTH, GREENVILLE HOSPITAL SYSTEM AND SPARTANBURG REGIONAL HEALTH SYSTEM INCLUDING BUT NOT LIMITED TO PROMOTING, ENCOURAGING, AND AIDING SCIENTIFIC RESEARCH AND INVESTIGATION. Form 990, part VI, section a, question 7a electing members of governing body THE PRESIDENT OF THE UNIVERSITY OF SOUTH CAROLINA APPOINTS AN ACADEMIC DEAN AND A FACULTY MEMBER TO SERVE ON THE BOARD. ADDITIONALLY, THE USC BOARD OF TRUSTEES ALSO ELECTS ONE MEMBER TO SERVE ON THE BOARD. Form 990, part VI, section a, question 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE THAT ACTS ON BEHALF OF THE GOVERNING BODY. form 990, part VI, Section B, question 11b fORM 990 REVIEW process used by management &/or governing body THE FORM 990 IS REVIEWED AND APPROVED BY THE ASSISTANT TREASURER ON BEHALF OF THE BOARD. form 990, part VI, Section B, question 12 ORGANIZATION'S WRITTEN POLICIES THE RESEARCH FOUNDATION IS A FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION TO THE UNIVERSITY OF SOUTH CAROLINA. FOUNDATION POLICIES REGARDING CONFLICTS OF INTEREST, USE OF SOCIAL CLUBS, TRAVEL, WHISTLEBLOWER PROVISIONS, ETC. ARE CONSISTENT WITH THOSE OF THE UNIVERSITY. Form 990, part VI, section b, question 15a PROCESS FOR DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIAL THE FOUNDATION'S BOARD CHAIR ALSO SERVES AS THE EXECUTIVE DIRECTOR. HE IS NOT COMPENSATED AS OR CONSIDERED A FOUNDATION EMPLOYEE. THE FOUNDATION PAYS HIM UNDER A CONTrACTUAL ARRANGEMENT. Form 990, part vi, section b, question 15b PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS/EMPLOYEES The Foundation does not have employees of its own; All employees are University of SC employees leased to the Foundation. The Foundation reimburses USC on a monthly basis for its salaries and fringes. The Foundation does not file a Form 941 due to the reimbursement arrangement with USC. USC determines compensation in accordance with State of SC guidelines. Form 990, Part vi, section c, line 19 avail of gov docs, conflict of interest policy, & fin stmts to gen public audited FINANCIAL STATEMENTS ARE POSTED ON THE FOUNDATION'S WEBSITE. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII FINANCIAL STATEMENTS AND REPORTING THE RESEARCH FOUNDATION'S FINANCIALS INCLUDE ACTIVITY FOR HEALTH SCIENCES SOUTH CAROLINA, THE INSTITUTE FOR MEDICINE AND PUBLIC HEALTH, BOTH SUPPORTED ORGANIZATIONS OF THE FOUNDATION, AS WELL AS ITOLOGY (FORMERLY KNOWN AS CONSORTIUM FOR ENTERPRISE SYSTEMS MANAGEMENT DUE TO MAY 2014 NAME CHANGE), A DISREGARDED ENTITY. ITOLOGY 202 OSBORNE ADMINistration bldg columbia SC 29208 570967350 it education SC 1436069 273165 SCRF Health Sciences Health Improvement LLC 1320 Main Street Suite 625 Columbia SC 29201 202849804 HEALTHCARE SC 0 0 SCRF university of south carolina 208 osborne admin columbia SC 29208 576001153 education SC 501(C)(3) 6 NA false HEALTH SCIENCES SOUTH CAROLINA 1320 MAIN STREET COLUMBIA SC 29201 202849804 support org SC 501(C)(3) 11A NA false SC INSTITUTE OF MEDICINE & PUB HEALTH 1301 GERVAIS STREET SUITE 300 COLUMBIA SC 29201 320350642 EDUCATION SC 501(c)(3) 11A NA false false true false false false false false false false false false true true true true true true false false health sciences south carolina l,m 687569 cash reporting of financial information FORM 990, SCHEDULE R, PART I & II THE RESEARCH FOUNDATION'S FINANCIAL STATEMENTS INCLUDE THE ACTIVITY FOR HEALTH SCIENCES SOUTH CAROLINA, A SUPPORTED ENTITY TO THE FOUNDATION ACCORDING TO THE ORGANIZATION'S BYLAWS AND ITOLOGY (FORMERLY KNOWN AS CONSORTIUM FOR ENTERPRISE SYSTEMS MANAGEMENT DUE TO MAY 2014 NAME CHANGE), A DISREGARDED ENTITY FOR TAX PURPOSES.