UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION

COLUMBIA, SC, 29208-4017 (803) 777-1466 Est. 1956 EIN 57-6017985
B110— Education Form 990 501(c)(3)
www.sc.edu/foundations/educational

Mission

To support the University of South Carolina in its academic, research and charitable endeavors by promoting a culture of philanthropy, managing and stewarding donor gifts, and providing financial resources to support students and faculty now and into the future.

Giving Portfolio

Total Grants
28
Total Giving
$109.2M
Recipients
28
Years Active
2017 - 2023
Avg grant: $4,387,320 Median: $211,747

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20234$27.0M $6.8M13
20223$18.2M $6.1M03
20213$16.1M $5.4M12
20206$17.0M $2.8M15
20195$15.6M $3.1M23
20177$15.2M $2.2M70

Sectors Funded

Education
12
Medical Research
2
Human Services
1
Diseases & Disorders
1

Top States

South Carolina
21
Illinois
6
Texas
1

Grantee Size Profile

$1M - $5M
8
Over $50M
6
$5M - $10M
1
Under $100K
1

Top Grantees

Page 1 of 2
UNIVERSITY OF SOUTH CAROLINA
SC - 5 grants
$78.0M
University of South Carolina
SC
$26.4M
$3.2M
$173K
WILLIAMSBURG COUNTY SCHOOL DISTRICT
SC
$65K

Grants Awarded · 19 grants

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Financials

Total Revenue
$84,705,963
Total Expenses
$72,648,031
Net Assets
$703,828,403
28 employees 24 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
9.7 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 32.2%
Expenses ↑ 39.5%
Revenue Sources
Contributions 52.4% Earned revenue 0.9% Investment 45.7% Other 1.0%
Expense Breakdown
Program 91.2% Management 6.1% Fundraising 2.7%

Officers & Trustees (34)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Jul 1, 2023 to Jun 30, 2024
$84,705,963 $72,648,031$703,828,403
2022 Form 990
Jul 1, 2022 to Jun 30, 2023
$64,081,466 $52,078,875$638,089,733
2021 Form 990
Jul 1, 2021 to Jun 30, 2022
$89,201,263 $50,992,215$582,487,520
2020 Form 990
Jul 1, 2020 to Jun 30, 2021
$71,008,415 $42,402,432$694,337,555
2019 Form 990
Jul 1, 2019 to Jun 30, 2020
$70,140,817 $41,665,581$529,095,225
2017 Form 990
Jul 1, 2017 to Jun 30, 2018
$70,061,874 $48,470,394$525,406,196

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EIN: 57-6017985 · Source: IRS Form 990 e-file data