UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION (EIN 57-6017985)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-09
- IRS object ID
- 201100409349300915
- Schema version
- 2009v1.7
- 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 G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-09T12:30:48-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOACH & WILLIAMSON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1401 MAIN STREET SUITE 660 | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576017985 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SOUTH CAROLINA | BusinessNameLine1 |
| Business Name Line2 | EDUCATIONAL FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 8037771466 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 HAMPTON STreet | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RUSS MEEKINS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Date Signed | 2011-02-03 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8037718855 | Phone |
| Date Prepared | 2011-02-03 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | jerome odom | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 OSBORNE STREET | AddressLine1 |
| City | columbia | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 46517171 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.sc.edu/foundations/educational | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1956 | YearFormation |
| State Legal Domicile | SC | StateLegalDomicile |
| Activity Or Mission Description | support the university of south carolina in all of its educational, instructional, scientific, literary, research, service, charitable and outreach endeavors. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 15711607 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 21468736 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -24641942 | InvestmentIncomePriorYear |
| Investment Income Current Year | 9250054 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 635835 | OtherRevenuePriorYear |
| Other Revenue Current Year | 529604 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | -8294500 | TotalRevenuePriorYear |
| Total Revenue Current Year | 31248394 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10490244 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9515629 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1214919 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1125466 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 589509 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 802067 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 980868 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 15629149 | OtherExpensePriorYear |
| Other Expenses Current Year | 13686754 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 27923821 | TotalExpensesPriorYear |
| Total Expenses Current Year | 25129916 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -36218321 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6118478 | RevenuesLessExpensesCY |
| Total Assets BOY | 249849643 | TotalAssetsBOY |
| Total Assets EOY | 276156346 | TotalAssetsEOY |
| Total Liabilities BOY | 26658840 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 27670527 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 223190803 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 248485819 | NetAssetsOrFundBalancesEOY |
| Mission Description | SUPPORT THE UNIVERSITY OF SOUTH CAROLINA in all of its educational, instructional, scientific, literary, research, service, charitable and outreach endeavors. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 21006793 | Expense |
| Revenue | 21468736 | Revenue |
| Description | BENEFIT/SUPPORT THRoUgh ESTABLISHMENT/IMPLEMENTATION OF LONG- RANGE FUNDRAISING PROGRAMS TO ASSIST IN THE EXPANSION AND IMPROVEMENT OF THE EDUCATIONAL FUNCTIONS OF THE UNIVERSITY | Description |
| Total Program Service Expense | 21006793 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 177 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | NT | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | true | NonDeductibleContributions |
| Non Deductible Disclosure | true | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RUSS MEEKINS | NamePerson |
| Telephone Number | 8037771466 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 OSBORNE STREET | AddressLine1 |
| City | columbia | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| CLAUDE M SCARBOROUGH JR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JOHN C B SMITH jr | ||||||||
| CHAIR emeritus | 1.0 | X | 0 | 0 | 0 | X | ||
| J ALLEN WRIGHT | ||||||||
| director | 1.0 | X | 0 | 0 | 0 | |||
| F A LOWREY | ||||||||
| chair | 1.0 | X | 0 | 0 | 0 | X | ||
| Mendel W RAST | ||||||||
| vice chair | 1.0 | X | 0 | 0 | 0 | X | ||
| J CHRIS VERENES | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| DEBRA R TIMMERMAN | ||||||||
| secretary/treasurer | 1.0 | X | 0 | 0 | 0 | X | ||
| c JOHN WENTZELL | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JAMES A BENNETT | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| STEVEN S JUK | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JOE M ANDERSON JR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| R KEITH ELLIOTT | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| H BRONSON SMITH | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| SAMUEL VICKERS | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| harris pastides | ||||||||
| ex officio | 1.0 | X | 4458 | 0 | 0 | |||
| Charles L Calvert | ||||||||
| director | 1.0 | X | 0 | 0 | 0 | |||
| laurens w floyd jr | ||||||||
| director | 1.0 | X | 0 | 0 | 0 | |||
| janette turner hospital | ||||||||
| director | 1.0 | X | 0 | 0 | 0 | |||
| JAMES P BARROW | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| ELIZABETH VAN DOREN GRAY | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| TOMMY L HICKMAN | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| R C MCENTIRE JR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| E L POOSER JR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| CARL A SWEATMAN JR | ||||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |||
| JEROME D ODOM | ||||||||
| executive director | 15.0 | 210000 | 0 | 0 | X | X | ||
| russell h meekins | ||||||||
| director, cfo | 12.0 | 141566 | 0 | 26278 | X | X | ||
| kimberly h elliott | ||||||||
| director of accounting | 25.0 | 103546 | 0 | 25957 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 459570 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 52235 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | true | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| RuFFALOCODY INC | |||||
| post office box 3018 | CEDAR RAPIDS | IA | 542063018 | CALL CENTER SERVICE | 524219 |
| FUND EVALUATION GROUP | |||||
| post office box 71-5060 | COLUMBUS | OH | 432715060 | INVSTMNT EVALUaTION | 112892 |
| sUSAN wALVIUS | |||||
| 169 cAPTAIN lOWMAN rOAD | CHAPIN | SC | 29036 | Consulting | 102000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Fundraising Events | 127446 | FundraisingEvents |
| All Other Contributions | 21341290 | AllOtherContributions |
| Noncash Contributions | 660961 | NoncashContributions |
| Total Contributions | 21468736 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4059842 | TotalRevenueColumn |
| Exclusion | $4,059,842 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 20399602 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15209390 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5190212 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5190212 | TotalRevenueColumn |
| Exclusion | $5,190,212 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 228978 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 127446 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 59387 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 169591 | TotalRevenueColumn |
| Exclusion | $169,591 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| MISCELLANEOUS | 205497 | 205497 |
| REGISTRATION FEES | 133252 | 133252 |
| ASSESMENT FEES | 21264 | 21264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 360013 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 31248394 | TotalRevenueColumn |
| Related Or Exempt Function Income | 360013 | RelatedOrExemptFunctionIncome |
| Exclusion | $9,419,645 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9515629 | Total |
| Program Services | 9515629 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 371294 | Total |
| Management And General | 371294 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 577613 | Total |
| Management And General | 577613 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69532 | Total |
| Management And General | 69532 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39428 | Total |
| Management And General | 39428 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67599 | Total |
| Management And General | 67599 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137807 | Total |
| Program Services | 136535 | ProgramServices |
| Fundraising | 1272 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30678 | Total |
| Program Services | 3465 | ProgramServices |
| Management And General | 27213 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 802067 | Total |
| Fundraising | 802067 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 565563 | Total |
| Program Services | 1007 | ProgramServices |
| Management And General | 564556 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 936778 | Total |
| Program Services | 877496 | ProgramServices |
| Management And General | 13602 | ManagementAndGeneral |
| Fundraising | 45680 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159975 | Total |
| Program Services | 132813 | ProgramServices |
| Fundraising | 27162 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 531785 | Total |
| Program Services | 454027 | ProgramServices |
| Management And General | 61758 | ManagementAndGeneral |
| Fundraising | 16000 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19914 | Total |
| Program Services | 5254 | ProgramServices |
| Management And General | 14660 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 269137 | Total |
| Program Services | 253854 | ProgramServices |
| Management And General | 6489 | ManagementAndGeneral |
| Fundraising | 8794 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 528406 | Total |
| Program Services | 472993 | ProgramServices |
| Management And General | 15591 | ManagementAndGeneral |
| Fundraising | 39822 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34888 | Total |
| Program Services | 28878 | ProgramServices |
| Management And General | 4560 | ManagementAndGeneral |
| Fundraising | 1450 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1248973 | Total |
| Program Services | 914 | ProgramServices |
| Management And General | 1248059 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14689 | Total |
| Program Services | 8673 | ProgramServices |
| Management And General | 6016 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120261 | Total |
| Program Services | 106194 | ProgramServices |
| Management And General | 11628 | ManagementAndGeneral |
| Fundraising | 2439 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SUPPLIES | 807344 | 784675 | 6961 | 15708 |
| CONTRIBUTIONS | 1100687 | 1098387 | 800 | 1500 |
| CONSTRUCTION COSTS, EQUIPMENT | 3690888 | 3664294 | 23584 | 3010 |
| PYMNTS UNDER ANNUITY AGREEMENT | 459859 | 459859 | ||
| SALARY/WAGE REIMBURSEMENT | 2677414 | 2677414 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 351708 | Total |
| Program Services | 324432 | ProgramServices |
| Management And General | 11312 | ManagementAndGeneral |
| Fundraising | 15964 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25129916 | Total |
| Program Services | 21006793 | ProgramServices |
| Management And General | 3142255 | ManagementAndGeneral |
| Fundraising | 980868 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7501184 | BOY |
| EOY | 3280838 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7848632 | BOY |
| EOY | 3674891 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13079708 | BOY |
| EOY | 17677689 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61449 | BOY |
| EOY | 736621 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30000 | BOY |
| EOY | 55000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2300366 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 127815 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2064908 | BOY |
| EOY | 2172551 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88760663 | BOY |
| EOY | 106627554 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75407595 | BOY |
| EOY | 85461418 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55095504 | BOY |
| EOY | 56469784 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249849643 | BOY |
| EOY | 276156346 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6677307 | BOY |
| EOY | 7696828 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19981533 | BOY |
| EOY | 19973699 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26658840 | BOY |
| EOY | 27670527 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -3705093 | BOY |
| EOY | 7004432 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80342850 | BOY |
| EOY | 85257128 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 146553046 | BOY |
| EOY | 156224259 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 223190803 | BOY |
| EOY | 248485819 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249849643 | BOY |
| EOY | 276156346 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14575298 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 24255603 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 17364775 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15711607 | CurrentTaxYearMinus1Year |
| Current Tax Year | 21468736 | CurrentTaxYear |
| Total | 93376019 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14575298 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 24255603 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 17364775 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15711607 | CurrentTaxYearMinus1Year |
| Current Tax Year | 21468736 | CurrentTaxYear |
| Total | 93376019 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 14651928 | AmountsSubstContributorsTotal |
| Public Support Total170 | 78724091 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14084726 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5431620 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6223203 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5101984 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4059842 | CurrentTaxYear |
| Total | 34901375 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 128277394 | TotalSupport |
| Gross Receipts From Admissions Etc | 1125823 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.61370 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.55970 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 141947128 | BeginningOfYearBalance |
| Contributions | 7824005 | Contributions |
| Investment Earnings Or Losses | 14475341 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3632547 | GrantsOrScholarships |
| Other Expenditures | 1852984 | OtherExpenditures |
| Administrative Expenses | 1839611 | AdministrativeExpenses |
| End Of Year Balance | 156921332 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 177446490 | BeginningOfYearBalance |
| Contributions | 8908520 | Contributions |
| Investment Earnings Or Losses | -36821404 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 7586478 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 141947128 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.96990 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03010 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1022688 | InvestmentCostOrOtherBasis |
| Book Value | 1022688 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1111265 | InvestmentCostOrOtherBasis |
| Book Value | 1111265 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 166413 | OtherCostOrOtherBasis |
| Depreciation | 127815 | Depreciation |
| Book Value | 38598 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 2172551 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| BONDS AND NOTES | 23226320 | F |
| OTHER INVESTMENTS | 62235098 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 85461418 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ACCRUED INTEREST RECEIVABLE | 3006 |
| ASSETS HELD IN TRUST BY OTHERS | 55732578 |
| ASSETS HELD IN TRUST BY FNDTN | 734200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 56469784 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| UNIVERSITY OF SOUTH CAROLINA | $19,943,910 |
| OTHER PAYABLE | $29,789 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 19973699 | TotalOfAmounts |
| Total Revenue | 31248394 | TotalRevenue |
| Total Expenses | 25129916 | TotalExpenses |
| Excess Or Deficit For Year | 6118478 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 14418177 | NetUnrealizedGLOnInvestments |
| Other | $4,759,261 | OtherAmount |
| Total Adjustments | 19177438 | TotalAdjustments |
| Excess Or Deficit Per FS | 25295916 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 50323364 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 14418177 | NetUnrealizedGainsInvestments |
| Other Revenues | 4657693 | OtherRevenues |
| Revenue Not Rptd F990 | 19075870 | RevenueNotRptdF990 |
| Revenue Subtotal | 31247494 | RevenueSubtotal |
| Total Revenue Per Form990 | 31247494 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25028348 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -101568 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -101568 | ExpensesNotRptdF990 |
| Expenses Subtotal | 25129916 | ExpensesSubtotal |
| Total Expenses Per Form990 | 25129916 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V | Line 4 | The net income of the foundation's endowment funds is utilized as directed by the board of directors of the foundation in accordance with established priorities and gift restrictions for the exclusive benefit of the university of south carolina. these uses include but are not limited to: 1) scholarships and/or fellowships 2) chairs and/or professorships 3) general program support for various university departments, college, institutes, and offices |
| Part XI | Line 8 | Changes in pledges receivable 4,598,306 Annuity Adjustment 160,955 |
| Part XII | Line 2d | Changes in Pledges Receivable 4,598,306 Special Events 59,387 |
| Part XIII | Line 2D | Annuity Adjustment (160,955) SPECIAL EVENTS 59,387 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|
| Ruffalocody inc call center | call center management | false | 673909 | 524219 | 149690 |
| Grenzebach Glier Associates in | consultants | false | 0 | 277848 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 673909 | TotalGrossReceipts |
| Total Retained By Contractors | 802067 | TotalRetainedByContractors |
| Total Net To Organization | 149690 | TotalNetToOrganization |
| Licensed States | SC | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ball | NameOfEvent1 |
| Gross Receipts Event1 | 98484 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 92039 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 6445 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 1017 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 4467 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 16975 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 13635 | OtherDirectExpensesEvent1 |
| Name Of Event2 | gala | NameOfEvent2 |
| Gross Receipts Event2 | 74270 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 25236 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 49034 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 0 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 2507 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 6737 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 9670 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 182770 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 10171 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 172599 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 0 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 136 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 4243 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 355524 | GrossReceiptsTotal |
| Charitable Contributions Total | 127446 | CharitableContributionsTotal |
| Gross Revenue Total Events | 228078 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 1017 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 6974 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 23848 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 0 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 27548 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 59387 | DirectExpenseSummaryEvents |
| Net Income Summary | 168691 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|---|
| consultants in gastroenterology | ||||||||||
| 131 Summerplace Dr | West Columbia | SC | 29169 | 570713425 | n/a | 9028 | 0 | cost | n/a | CANCER screenings |
| roper st francis health care | ||||||||||
| 316 CALHOUN STREET | CHARLESTON | SC | 29401 | 501(c)(3) | 10000 | 0 | cost | n/a | CANCER screenings | |
| the free medical clinic inc | ||||||||||
| 1875 HARDEN STREET | columbia | SC | 29204 | 570779279 | 501(c)(3) | 27500 | 0 | cost | n/a | medical care |
| university of south carolina | ||||||||||
| 1400 GREENE STREET | columbia | SC | 29208 | 576001153 | 501(c)(3) | 9435862 | 0 | cost | n/a | scholarships, grants |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I | Identifier |
| Return Reference | Line 2 | ReturnReference |
| Explanation | For scholarships, the university of south carolina is provided with the award requirements for each scholarship. they then provide us with the name of each scholarship recipient. For colon screenings, the recipient must maintain accurate records of activities and expenditures and provide a written report of outcomes, activities, lessons learned and any issues/questions arising from the screenings. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEROME D ODOM | |||||||||||||
| 210000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210000 | 0 | 0 | 0 |
| russell h meekins | |||||||||||||
| 141566 | 0 | 0 | 0 | 0 | 0 | 19479 | 0 | 6799 | 0 | 167844 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PART I | LINE 1A | THE FOUNDATION PROVIDED DR. ODOM WITH A DISCRETIONARY ACCOUNT IN THE AMOUNT OF $10,000. IT WAS USED TO PAY EXPENSES TOTALING $1,334, THE BALANCE WAS RETURNED. |
| PART VII | LINE 5 | RUSSELL H. MEEKINS AND KIMBERLY H. ELLIOTT RECEIVED THEIR COMPENSATION FROM THE UNIVERSITY OF SOUTH CAROLINA, AN UNRELATED ORGANIZATION. MR. MEEKINS RECEIVED A TOTAL OF $167,844 FROM USC. MRS. ELLIOTT RECEIVED A TOTAL OF $129,503 FROM USC. THE FOUNDATION REIMBURSED THE UNIVERSITY 100% OF THESE COSTS. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| sOUTH fINANCIAL GROUP INC | |||
| SEE SCHEDULE O | 579084 | loan interest to related org | false |
| USC HOTEL INVESTMENTS LLC | |||
| SEE SCHEDULE O | 2020000 | joint venture w/related org | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 53 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 638461 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fmv | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 22500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fmv | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part VI | Line 11a | A copy of the 990 is emailed to each board member prior to filing. board members are requested to review the form and notify the foundation prior to the form due date if they have any comments or corrections to the form. |
| Part VI | Line 19 | The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public through the foundation's website AND UPON REQUEST. |
| Part VI | Line 12c | The foundation's Conflict of interest policy is distributed annually to board members at a full board meeting. attached to the copy of the conflict of interest policy is a signature form for each board member to sign and indicate that they have read, and complied with, the foundation's conflict of interest policy for the year. the signature forms are collected and kept by the foundation. |
| Part VI | Line 15 | The executive officer's compensation is determined based on performance and board reviews. the salary is derived from comparable industry data and achievement of performance standards established at the beginning of each fiscal year. |
| FORM 990, SCHEDULE G | PART I, LINE 2B | RUFFALOCODY, INC. - THE FOUNDATION PAID RUFFALOCODY, INC., A TOTAL OF $542,624. THIS CONSISTED OF $524,219 FOR PROFESSIONAL FUNDRAISING SERVICES AND $18,405 FOR FUNDRAISING EXPENSES (PRINTING, POSTAGE, ETC.). FUNDRAISING EXPENSES WERE ITEMIZED SEPARATELY FROM THE PROFESSIONAL SERVICE FEES ON THE INVOICES PROVIDED BY RUFFALOCODY. GRENZEBACH, GLIER, & ASSOCIATES, INC. - THE FOUNDATION PAID GRENZEBACH, GLIER, & ASSOCIATES, INC., A TOTAL OF $298,846. THIS CONSISTED OF $277,848 FOR PROFESSIONAL FUNDRAISING SERVICES AND $20,998 FOR FUNDRAISING EXPENSES (FOOD, TRAVEL, ETC.) GRENZEBACH WAS REQUIRED TO TRACK EXPENSES SEPARATELY FROM PROFESSIONAL FEES AND PROVIDE AN ITEMIZED, DETAILED INVOICE. |
| FORM 990, SCHEDULE L | PART IV | SOUTH FINANCIAL GROUP, INC. - DURING CALENDAR YEAR 2009, A FOUNDATION BOARD MEMBER SERVED ON THE BOARD OF DIRECTORS FOR SOUTH FINANCIAL GROUP, INC. - THE PARENT COMPANY OF THE BANK WITH WHICH THE FOUNDATION MAINTAINED ITS PRIMARY CHECKING ACCOUNT(FEES OF $6,700). IN ADDITION, THIS BANK ALSO MADE A LOAN TO A JOINT VENTURE INVOLVING A RELATED ORGANIZATION (THE USC DEVELOPMENT FOUNDATION) AND USC HOTEL INVESTMENTS, LLC. ANOTHER CURRENT MEMBER OF THE FOUNDATION BOARD HAS AN OWNERSHIP INTEREST IN USC HOTEL INVESTMENTS, LLC. THE LOAN RESULTED IN INTEREST EXPENSE OF $572,384. ALL TRANSACTIONS WERE CONDUCTED IN THE NORMAL COURSE OF PRUDENT BUSINESS WITHOUT INFLUENCE FROM THE DIRECTOR. USC HOTEL INVESTMENTS, LLC - A CURRENT FOUNDATION MEMBER HAS AN OWNERSHIP INTEREST IN USC HOTEL INVESTMENTS, LLC. THIS ENTITY IS INVOLVED IN A JOINT VENTURE WITH A RELATED ORGANIZATION (THE USC DEVELOPMENT FOUNDATION). THE USC DEVELOPMENT FOUNDATION INVESTED $2,020,000 AND OWNS 80% OF THE JOINT VENTURE WHILE USC HOTEL INVESTMENTS, LLC, OWNS 20%. ALL TRANSACTIONS WERE CONDUCTED IN THE NORMAL COURSE OF PRUDENT BUSINESS WITHOUT INFLUENCE FROM THE DIRECTOR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | USC Development Foundation | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 HAMPTON STREET | AddressLine1 |
| City | Columbia | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576026593 | EIN |
| Primary Activities | development | PrimaryActivities |
| Legal Domicile State | SC | LegalDomicileState |
| Exempt Code Section | 501 (c) (3) | ExemptCodeSection |
| Public Charity Status | 11c(III-FI) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | na | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| usc development foundation | |
| d | 30053898 |
| usc development foundation | |
| Q | 506280 |
| USC DEVELOPMENT FOUNDATION | |
| R | 307538 |
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