UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION (EIN 57-6026593)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-10
- IRS object ID
- 201120419349300102
- 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 I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-10T06:49:04-06:00 | 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 | ELLIOTT DAVIS LLCPLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 MAIN STREET SUITE 1650 | 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 | 576026593 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SC DEVELOPMENT FOUNDATION | BusinessNameLine1 |
| 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 No 814 | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 292083400 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RUSSELL H MEEKINS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 8037771466 | Phone |
| Date Signed | 2011-02-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DENISE P HILL CPA | Name |
| Phone | 8032560002 | Phone |
| 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 | RUSS MEEKINS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1070 OSBORNE ADMINISTRATION | AddressLine1 |
| Address Line2 | BUILDING | AddressLine2 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5315061 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.SC.EDU/FOUNDATIONS/DEVELOPMENT | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1965 | YearFormation |
| State Legal Domicile | SC | StateLegalDomicile |
| Activity Or Mission Description | TO ACQUIRE PROPERTY IN ACCORDANCE WITH THE NEEDS OF THE UNIVERSITY OF SOUTH CAROLINA | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1 | TotalNbrEmployees |
| Total Nbr Volunteers | 19 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -691874 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 854368 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2951198 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -7017086 | InvestmentIncomePriorYear |
| Investment Income Current Year | 753728 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 937140 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1600135 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | -5225578 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5305061 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 890000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 255007 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 452579 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3148380 | OtherExpensePriorYear |
| Other Expenses Current Year | 3517616 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3403387 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4860195 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -8628965 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 444866 | RevenuesLessExpensesCY |
| Total Assets BOY | 60772780 | TotalAssetsBOY |
| Total Assets EOY | 63929750 | TotalAssetsEOY |
| Total Liabilities BOY | 32703616 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 34306287 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28069164 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29623463 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO ACQUIRE REAL AND PERSONAL PROPERTY; AND TO HOLD, RENT, SELL, OR TRANSFER SUCH PROPERTY IN ACCORDANCE WITH THE NEEDS AND DEMANDS OF THE UNIVERSITY OF SOUTH CAROLINA. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4476277 | Expense |
| Description | TO ACQUIRE REAL AND PERSONAL PROPERTY TO MEET THE NEEDS OF THE UNIVERSITY OF SOUTH CAROLINA | Description |
| Total Program Service Expense | 4476277 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 13 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUSS MEEKINS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8037770201 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 HAMPTON STREET SUITE 814 | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JAMES W CANTEY JR | |||||||
| chAIR | 0.30 | X | 0 | 0 | 0 | ||
| ROBERT R HILL JR | |||||||
| VICE CHAIR | 0.30 | X | 0 | 0 | 0 | ||
| JOHN C HOUSER | |||||||
| SECRETARY/TREASURER | 0.30 | X | 0 | 0 | 0 | ||
| THOMAS E SUGGS | |||||||
| CHAIR EMERITUS | 0.30 | X | 0 | 0 | 0 | ||
| STEPHEN K BENJAMIN | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| MARK W BUYCK JR | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| M ELIZABETH CRUM | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| JAMES M DANIEL III | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| WILLIAM W DOAR JR | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| JOHN W FIELDS | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| MADILYN M FLETCHER | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| STAN F GIBSON | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| PAUL S GOLDSMITH | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| WILLIAM C HAMMETT JR | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| S ALAN MEDLIN | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| EVERETTE H NEWMAN | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| JOSEPH REYNOLDS | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| AUSTIN M SHEHEEN JR | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| G CAMERON TODD | |||||||
| MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| JEROME D ODOM | |||||||
| EX OFFICIO MEMBER | 24.00 | X | 0 | 210000 | 0 | ||
| HARRIS PASTIDES | |||||||
| EX OFFICIO MEMBER | 0.30 | X | 0 | 4458 | 0 | ||
| RICHARD H ROCKAFELLOW | |||||||
| FOUNDATION EXECUTIVE DIR | 40.00 | 149704 | 0 | 0 | X | X | |
| russell h meekins | |||||||
| foundations cfo | 26.00 | 0 | 141566 | 26278 | X | ||
| KIMBERLY H ELLIOTT | |||||||
| DIRECTOR OF ACCOUNTING | 14.00 | 0 | 103546 | 25957 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 149704 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 459570 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 52235 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | stevens aviation inc | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | po box 601928 | AddressLine1 |
| City | charlotte | City |
| State | NC | State |
| ZIP Code | 282601928 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | aircraft maintenance and repaires | DescriptionOfServices |
| Compensation | 117074 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 2951198 | AllOtherContributions |
| Total Contributions | 2951198 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 190917 | TotalRevenueColumn |
| Exclusion | $190,917 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1094785 | Real |
| Personal | 382903 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1094785 | Real |
| Personal | 382903 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1477688 | TotalRevenueColumn |
| Exclusion | $1,477,688 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 572811 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 10000 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 572811 | Securities |
| Other | -10000 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 562811 | TotalRevenueColumn |
| Related Or Exempt Function Income | 562811 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 122447 | TotalRevenueColumn |
| Related Or Exempt Function Income | 122447 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 122447 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5305061 | TotalRevenueColumn |
| Related Or Exempt Function Income | 685258 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,668,605 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 890000 | Total |
| Program Services | 890000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162685 | Total |
| Management And General | 162685 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228470 | Total |
| Program Services | 164881 | ProgramServices |
| Management And General | 63589 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52870 | Total |
| Program Services | 35970 | ProgramServices |
| Management And General | 16900 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8554 | Total |
| Management And General | 8554 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35241 | Total |
| Program Services | 32516 | ProgramServices |
| Management And General | 2725 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61465 | Total |
| Program Services | 38965 | ProgramServices |
| Management And General | 22500 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 509449 | Total |
| Program Services | 494459 | ProgramServices |
| Management And General | 14990 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 494 | Total |
| Program Services | 494 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41660 | Total |
| Program Services | 37694 | ProgramServices |
| Management And General | 3966 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23703 | Total |
| Program Services | 20803 | ProgramServices |
| Management And General | 2900 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 166733 | Total |
| Program Services | 153430 | ProgramServices |
| Management And General | 13303 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 441500 | Total |
| Program Services | 441500 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307538 | Total |
| Program Services | 307538 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162423 | Total |
| Program Services | 158286 | ProgramServices |
| Management And General | 4137 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134642 | Total |
| Program Services | 100395 | ProgramServices |
| Management And General | 34247 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| NET LOSS IN HOTEL ASSOC | 691874 | 691874 | ||
| equipment rental & main | 235433 | 206120 | 29313 | 0 |
| bad debt expense | 227250 | 227250 | 0 | 0 |
| EQUIP/OFFICE FURNITURE | 205399 | 205399 | 0 | 0 |
| BANK FEES | 122861 | 118752 | 4109 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149951 | Total |
| Program Services | 149951 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4860195 | Total |
| Program Services | 4476277 | ProgramServices |
| Management And General | 383918 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3879230 | BOY |
| EOY | 5707376 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3478500 | BOY |
| EOY | 3076573 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 327829 | BOY |
| EOY | 350304 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 166273 | BOY |
| EOY | 166273 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 11839932 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3143035 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8853318 | BOY |
| EOY | 8696897 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13686542 | BOY |
| EOY | 15530556 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30360866 | BOY |
| EOY | 30381549 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20222 | BOY |
| EOY | 20222 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60772780 | BOY |
| EOY | 63929750 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 517582 | BOY |
| EOY | 609568 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9970000 | BOY |
| EOY | 9970000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19265087 | BOY |
| EOY | 20083898 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2950947 | BOY |
| EOY | 3642821 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32703616 | BOY |
| EOY | 34306287 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6521205 | BOY |
| EOY | 6506289 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18182031 | BOY |
| EOY | 19751246 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3365928 | BOY |
| EOY | 3365928 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28069164 | BOY |
| EOY | 29623463 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60772780 | BOY |
| EOY | 63929750 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type3 Func Int | X | SupportingOrg509a3Type3FuncInt |
| Certification Checkbox | X | CertificationCheckbox |
| Written IRS Determination | X | WrittenIRSDetermination |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SOUTH CAROLINA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576001153 | EIN |
| Type Of Organization | 5 | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $4,476,277 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 4476277 | SumOfAmounts |
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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 19000 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15280454 | BeginningOfYearBalance |
| Contributions | 2400 | Contributions |
| Investment Earnings Or Losses | 1844013 | InvestmentEarningsOrLosses |
| Other Expenditures | 373202 | OtherExpenditures |
| End Of Year Balance | 16753665 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 20350228 | BeginningOfYearBalance |
| Contributions | 55000 | Contributions |
| Investment Earnings Or Losses | -4782954 | InvestmentEarningsOrLosses |
| Other Expenditures | 341820 | OtherExpenditures |
| End Of Year Balance | 15280454 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.78230 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.20090 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01680 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3782737 | OtherCostOrOtherBasis |
| Book Value | 3782737 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5918589 | OtherCostOrOtherBasis |
| Depreciation | 1030713 | Depreciation |
| Book Value | 4887876 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2138606 | OtherCostOrOtherBasis |
| Depreciation | 2112322 | Depreciation |
| Book Value | 26284 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8696897 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CD'S AND MONEY MARKET FUND | 127450 | F |
| REAL ESTATE HELD FOR INVESTMENT | 30254099 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 30381549 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FUNDS HELD FOR OTHERS | $17,866 |
| DEFICIT IN USC HOTEL ASSOCIATES | $3,624,955 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3642821 | TotalOfAmounts |
| Total Revenue | 5305061 | TotalRevenue |
| Total Expenses | 4860195 | TotalExpenses |
| Excess Or Deficit For Year | 444866 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1109433 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1109433 | TotalAdjustments |
| Excess Or Deficit Per FS | 1554299 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6461838 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1109433 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 37344 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1146777 | RevenueNotRptdF990 |
| Revenue Subtotal | 5315061 | RevenueSubtotal |
| Other Revenues Not Included | -10000 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -10000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5305061 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4907539 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 37344 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 37344 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4870195 | ExpensesSubtotal |
| Other Expenses Not Included | -10000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -10000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4860195 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III, Line 4: | THE FOUNDATION PRESERVES VARIOUS PIECES OF ART FOR FUTURE GENERATIONS AND FOR THE BENEFIT OF THE UNIVERSITY OF SOUTH CAROLINA. | |
| Part V, Line 4: | ENDOWMENT FUNDS ARE USED, IN ACCORDANCE WITH ANY DONOR RESTRICTIONS, TO SUPPORT THE REAL AND PERSONAL PROPERTY NEEDS OF THE UNIVERSITY OF SOUTH CAROLINA. | Description of Intended Use of Endowment Funds: |
| THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED JUNE 30, 2010. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. | ||
| PART XII & PART XIII, LINE 4B: THIS AMOUNT IS INCLUDED AS AN EXPENSE ON THE AUDITED FINANCIAL STATEMENTS, HOWEVER, FORM 990 REQUIRES THIS AMOUNT TO BE REPORTED AS A DECREASE IN REVENUE. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SOUTH CAROLINA | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1718 COLLEGE STREET | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 576001153 | EINOfRecipient |
| Amount Of Cash Grant | 890000 | AmountOfCashGrant |
| Purpose Of Grant | THE FOUNDATION CONTRIBUTED $890,000 TO THE UNIVERSITY FOR ISSUES RELATED TO THE UNIVERSITY'S DEVELOPMENT PROJECTS. | PurposeOfGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: SCHEDULE I, PART IV, DESCRIPTION OF PROCEDURES FOR MONITORING GRANT FUNDS: The USCDF does not routinely award grants or other assistance, but did make a one-time assistance payment to the University of South Carolina, at the University's request. The payment was approved by the USCDF Board of Directors. All records pertaining to the payment and approval are maintained by the USCDF. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | 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 | |||||||||||||
| 0 | 210000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210000 | 0 | 0 |
| russell h meekins | |||||||||||||
| 0 | 141566 | 0 | 0 | 0 | 0 | 0 | 19479 | 0 | 6799 | 0 | 167844 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part III | ReturnReference |
| Explanation | PART I, LINE IA: THE USC EDUCATIONAL FOUNDATION, A RELATED ORGANIZATION, 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. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| SOUTH CAROLINA BANK AND TRUST | |||
| TWO FOUNDATION BOARD MEMBERS SERVE ON SCBT'S BOARD AND AS CEO | 2196137 | THE FOUNDATION HAS A LOAN SECURED BY REAL PROPERTY FROM SOUTH CAROLINA BANK AND TRUST. ALL TRANSACTIONS WERE CONDUCTED IN THE NORMAL COURSE OF BUSINESS WITHOUT INFLUENCE FROM THE DIRECTOR. | 0 |
| SOUTH CAROLINA BANK AND TRUST | |||
| TWO FOUNDATION BOARD MEMBERS SERVE ON SCBT'S BOARD AND AS CEO | 700000 | THE FOUNDATION HAS AN UNSECURED LOAN FROM SOUTH CAROLINA BANK AND TRUST. ALL TRANSACTIONS WERE CONDUCTED IN THE NORMAL COURSE OF BUSINESS WITHOUT INFLUENCE FROM THE DIRECTOR. | 0 |
| wachovia bank | |||
| a foundation board member is a commercial banking executive for wachovia | 17187761 | The foundation has THREE UNSECURED loans with wachovia bank. all transactions were conducted in the normal course of business without influence from the director. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | A COPY OF THE 990 IS E-MAILED 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. |
| Form 990, Part VI, Section B, line 12c | THE BOARD REVIEWS THE ANNUAL DISCLOSURES SUBMITTED BY EACH MEMBER. ANY CONFLICTS ARE RESOLVED AND/OR ADDRESSED IN THE MINUTES OF THE ORGANIZATION. |
| Form 990, Part VI, Section B, line 15 | OFFICER'S COMPENSATION IS DETERMINED BASED ON PERFORMANCE AND BOARD REVIEWS. SALARIES ARE DERIVED FROM COMPARABLE INDUSTRY DATA AND ACHIEVEMENT OF PERFORMANCE STANDARDS ESTABLISHIED AT THE BEGINNING OF EACH FISCAL YEAR. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, ANNUAL FORM 990 AND 990-T ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PAGE 12, PART XI, LINE 2C, RESPONSBILITY OF AUDIT OVERSIGHT: | THE FOUNDATION'S BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS. |
| SCHEDULE R, PART V, NO. 2, COLUMN C: | THE FOUNDATION DETERMINES THE DOLLAR AMOUNT INVOLVED FROM TRANSACTIONS WITH RELATED ORGANIZATIONS BY USE OF THE FAIR VALUE METHOD. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|
| THE INN AT USC LLC | ||||||||
| 1600 HAMPTON STREET NO 814 | COLUMBIA | SC | 29208 | GROUND LEASE TO USC HOTEL ASSOCIATES, LLC | SC | 303000 | 2458090 | UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION |
| CDRC LLC | ||||||||
| 1600 HAMPTON STREET NO 814 | COLUMBIA | SC | 29208 | LAND/BLDG TO HOUSE USC CHILD DEVELOPMENT RESEARCH CENTER | SC | 252513 | 3927341 | UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION |
| WILLIAMS AT BLOSSOM LLC | ||||||||
| 1600 HAMPTON STREET NO 814 | COLUMBIA | SC | 29208 | REAL ESTATE INVESTMENT | SC | 77305 | 3921317 | UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION |
| ADDESSO-DF LLC | ||||||||
| 1600 HAMPTON STREET NO 814 | COLUMBIA | SC | 29208 | OWNS 49% INTEREST IN RESIDENTIAL/RETAIL CONDO PROJECT VIA ADESSO/COLUMBIA | SC | 0 | -863588 | UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION |
| LONGLEAF ENVIRONMENTAL LLC | ||||||||
| 1600 HAMPTON STREET NO 814 | COLUMBIA | SC | 29208 | ENVIRONMENTAL STUDIES | SC | 0 | 0 | UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION |
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| university of south carolina | |||||||||
| 1718 COLLEGE STREET | COLUMBIA | SC | 29208 | 576001153 | PUBLIC UNIVERSITY | SC | N/A | N/A | N/A |
| University of south carolina EDUCATIONAL FOUNDATION | |||||||||
| 1600 hampton street | COLUMBIA | SC | 29208 | 576017985 | EDUCATION AND RESEARCH SUPPORT | SC | 501(C)(3) | 5 | N/A |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | USC HOTEL ASSOCIATES LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 HAMPTON STREET NO 814 | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134272820 | EIN |
| Primary Activity | HOLDS INTEREST IN THE INN AT USC | PrimaryActivity |
| Legal Domicile State | SC | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeType |
| Share Of Total Income | -691874 | ShareOfTotalIncome |
| Share Of EOY Assets | 6891950 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 0 | GeneralOrManagingPartner |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHEELER HILL DEVELOPMENT LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1600 HAMPTON STREET NO 814 | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204996416 | EIN |
| Primary Activity | REAL ESTATE DEVELOPMENT | PrimaryActivity |
| Legal Domicile State | SC | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF SOUTH CAROLINA DEVELOPMENT FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 12951 | ShareOfTotalIncome |
| Share Of EOY Assets | 1603228 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| USC HOTEL ASSOCIATES LLC | |
| I | 75750 |
| UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION | |
| E | 30053898 |
| UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION | |
| Q | 307538 |
| UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION | |
| R | 506280 |
| UNIVERSITY OF SOUTH CAROLINA | |
| I | 960299 |
| UNIVERSITY OF SOUTH CAROLINA | |
| B | 890000 |
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