2011-02-09T12:30:48-05:00 2010-06-30 DELOACH & WILLIAMSON LLP 1401 MAIN STREET SUITE 660 COLUMBIA SC 29201 990 2009-07-01 576017985 UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION UNIV 8037771466 1600 HAMPTON STreet COLUMBIA SC 29208 RUSS MEEKINS 2011-02-03 8037718855 2011-02-03 X 2009 2016-02-24 21:20:13Z jerome odom 107 OSBORNE STREET columbia SC 29208 46517171 false X www.sc.edu/foundations/educational X 1956 SC support the university of south carolina in all of its educational, instructional, scientific, literary, research, service, charitable and outreach endeavors. 23 21 1 0 0 0 15711607 21468736 0 0 -24641942 9250054 635835 529604 -8294500 31248394 10490244 9515629 0 0 1214919 1125466 589509 802067 980868 15629149 13686754 27923821 25129916 -36218321 6118478 249849643 276156346 26658840 27670527 223190803 248485819 SUPPORT THE UNIVERSITY OF SOUTH CAROLINA in all of its educational, instructional, scientific, literary, research, service, charitable and outreach endeavors. 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JUK 1.0 X 0 0 0 JOE M ANDERSON JR 1.0 X 0 0 0 R KEITH ELLIOTT 1.0 X 0 0 0 H BRONSON SMITH 1.0 X 0 0 0 SAMUEL VICKERS 1.0 X 0 0 0 harris pastides 1.0 X 4458 0 0 Charles L Calvert 1.0 X 0 0 0 laurens w floyd jr 1.0 X 0 0 0 janette turner hospital 1.0 X 0 0 0 JAMES P BARROW 1.0 X 0 0 0 ELIZABETH VAN DOREN GRAY 1.0 X 0 0 0 TOMMY L HICKMAN 1.0 X 0 0 0 R C MCENTIRE JR 1.0 X 0 0 0 E L POOSER JR 1.0 X 0 0 0 CARL A SWEATMAN JR 1.0 X 0 0 0 JEROME D ODOM 15.0 X X 210000 0 0 russell h meekins 12.0 X X 141566 0 26278 kimberly h elliott 25.0 X 103546 0 25957 459570 0 52235 3 false true true 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 3 127446 21341290 660961 21468736 0 4059842 4059842 0 0 20399602 15209390 5190212 5190212 5190212 228978 127446 59387 169591 169591 0 0 MISCELLANEOUS 205497 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25028348 -101568 -101568 25129916 25129916 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 X X X X X X true Ruffalocody inc call center call center management false 673909 524219 149690 Grenzebach Glier Associates in consultants false 0 277848 0 673909 802067 149690 SC ball 98484 92039 6445 0 1017 4467 16975 0 13635 gala 74270 25236 49034 0 0 2507 6737 0 9670 2 182770 10171 172599 0 0 0 136 0 4243 355524 127446 228078 0 1017 6974 23848 0 27548 59387 168691 true 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 3 1 Part I Line 2 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. X X true true X X X X X false false false false false false false false false 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 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. 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 X 53 638461 fmv X 2 22500 fmv false true false 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. USC Development Foundation 1600 HAMPTON STREET Columbia SC 29208 576026593 development SC 501 (c) (3) 11c(III-FI) na false false false true false false false false false true false false false false true true true true usc development foundation d 30053898 usc development foundation Q 506280 USC DEVELOPMENT FOUNDATION R 307538