EIN 57-6026593

University of South Carolina Development Foundation

Name: University of South Carolina Development Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Columbia

State

South Carolina

Year formed

1965

Most recent tax filings

2023-06-01

NTEE code, primary

B11: Education Single Organization Support

Description

The University of South Carolina Development Foundation acquires real estate and other special assets on behalf of the university, and manages, develops, and maintains them to serve the needs of the institution. Its primary purposes include acquiring and holding both real and personal property, as well as renting, selling, or transferring such property in accordance with the needs of the university.

Related structure

University of South Carolina Development Foundation is a subordinate organization under University of South Carolina Educational Foundation.

Also known as...

University of SC Development Foundation

Total revenues

$7,043,492

2023

Total expenses

$6,189,303

2023

Total assets

$258,285,748

2023

Num. employees

2023

Program areas at University of South Carolina Development Foundation

The primary purposes of the Foundation are to acquire real and personal property; and to hold, rent, sell, or transfer such property in accordance with the needs of the University of South Carolina.

Who funds University of South Carolina Development Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Community Foundation for Greater Atlanta	2022-12	Education	$500,000

Personnel at University of South Carolina Development Foundation

Name	Title	Compensation	Date of data
R Jason Caskey	President and Chief Executive Officer	$0	2023-04-17
Susan Smith	Board Member	$0	2023-06-12
Jennifer S Muir	Director of Investments	$0	2023-06-30
Laurie Munson	Board Member		2023-06-11
Liz Kovalchek	Assistant Project Manager		2022-03-10
...and 11 more key personnel

Financials for University of South Carolina Development Foundation

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$782,340	$2,746,837	-71.5%
Program services	$0	$0	-
Investment income and dividends	$480,514	$306,129	57%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$2,571,900	$4,516,017	-43%
Net gain from sale of non-inventory assets	$358,047	$1,414,006	-74.7%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$2,850,691	$3,829,751	-25.6%
Total revenues	$7,043,492	$12,812,740	-45%

Form 990s for University of South Carolina Development Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-03	990	View PDF
2022-06	2023-04-17	990	View PDF
2021-06	2022-05-03	990	View PDF
2020-06	2021-05-05	990	View PDF
2019-06	2021-01-21	990	View PDF
...and 9 more Form 990s

Organizations like University of South Carolina Development Foundation

Organization	Type	Location	Revenue
Queens College Special Projects Fund	501(c)(3)	Flushing, NY	$6,033,000
Campus Research Corporation	501(c)(3)	Tucson, AZ	$13,228,700
CSULB 49er Foundation	501(c)(3)	Long Beach, CA	$23,598,370
Cal State Fullerton Philanthropic Foundation	501(c)(3)	Fullerton, CA	$24,861,367
California State University San Marcos Foundation	501(c)(3)	San Marcos, CA	$7,581,215
Lorain County Community College Foundation (LCCCF)	501(c)(3)	Elyria, OH	$4,011,366
Weber School Foundation	501(c)(3)	Odgen, UT	$2,330,052
Glendale College Foundation	501(c)(3)	Glendale, CA	$2,366,676
Valencia College Foundation	501(c)(3)	Orlando, FL	$11,628,505
Auburn University Real Estate Foundation	501(c)(3)	Auburn University, AL	$4,361,188

Data update history

July 16, 2024

Used new vendors

Identified 1 new vendor, including

December 28, 2023

Received grants

Identified 1 new grant, including a grant for $500,000 from The Community Foundation for Greater Atlanta

June 15, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 13, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 9, 2023

Used new vendors

Identified 4 new vendors, including , , , and

Nonprofit Types

School foundationsGrantmaking organizationsReal estate organizationsChapter / child organizationsCharities

Issues

Education

Characteristics

Funds one specific organizationConservation easementState / local levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 1027 Barnwell St; Columbia, SC 29201
Metro area: Columbia, SC
County: Richland County, SC
Website URL: uscfoundations.org/
Phone: (803) 777-1466

IRS details

EIN: 57-6026593
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1965
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B11: Education Single Organization Support
NAICS code, primary: 5313: Real Estate Services
Parent/child status: Subordinate organization

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University of South Carolina Development Foundation

Program areas at University of South Carolina Development Foundation

Who funds University of South Carolina Development Foundation

Personnel at University of South Carolina Development Foundation

Financials for University of South Carolina Development Foundation

Form 990s for University of South Carolina Development Foundation

Organizations like University of South Carolina Development Foundation

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