2026-05-05T17:10:11+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 576017985 University of South Carolina Educational Foundation UNIV 8037771466 1027 Barnwell Street Columbia SC 29208 R Jason Caskey President/CEO 8037771466 2026-05-05 true Amy Bibby P00445891 8282542254 2026-04-30 2024 2025-03-06 01:10:19Z R Jason Caskey 1027 Barnwell Street Columbia SC 29208 100164295 false X WWW.USCFOUNDATIONS.COM X 1956 SC 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. 20 20 28 20 0 1204578 44393747 54181657 798118 852207 38681789 29207898 832309 821921 84705963 85063683 36702765 33782231 0 3329894 3289521 206066 235952 1701629 32409306 33862672 72648031 71170376 12057932 13893307 731690918 856929284 27862515 35116073 703828403 821813211 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. false false 64732546 33782231 1801131 Aid the university in achieving its mission as the state's flagship institution of higher education through the establishment/implementation of long-range fundraising programs. 64732546 true true false false false false false false true true true false false false false true true true false false false false false true true false false true true true false false false false false false false false false false true false false false true true false false false false true 405 0 true 28 true true true false false false true true true true true 1 false false false false false X 20 20 true false false false false false false true true false false false true true true true true true true true false false SC X X R Jason Caskey 8037771466 1027 Barnwell Street Columbia SC 29208 Calvin Elam Vice Chair 1.0 X X 0 0 0 James Bennett Chair Emeritus 1.0 X X 0 0 0 Kenda Laughey Chair 1.0 X X 0 0 0 Boyd B Jones Director 1.0 X 0 0 0 Christopher Judge Director 1.0 X 0 0 0 Felicia Howard Director 1.0 X 0 0 0 J Allen Wright DIRECTOR 1.0 X 0 0 0 Jeff Spears DIRECTOR 1.0 X 0 0 0 John V Jonson Director 1.0 X 0 0 0 Leah Moody DIRECTOR 1.0 X 0 0 0 Lori Hair Director 1.0 X 0 0 0 Pamela A Baker Director 1.0 X 0 0 0 R Keith Elliott Director 1.0 X 0 0 0 Richard S Plyler DIRECTOR 1.0 X 0 0 0 Rufus C McEntire Jr Director 1.0 X 0 0 0 Stephen D Marino Director 1.0 X 0 0 0 Susan W Cramer Director 1.0 X 0 0 0 Thomas C Deas Jr Director 1.0 X 0 0 0 William D Chase Director 1.0 X 0 0 0 William N Smith DIRECTOR 1.0 X 0 0 0 Hunter Lambert Assistant Vice President, Director R.E. 15.0 25.0 X 149771 0 35825 Jason Caskey President and CEO, University Foundation 15.0 25.0 X 469728 0 31499 Kim Elliott CFO and Treasurer 30.0 10.0 X 298710 0 16916 Sandy Hightower Secretary (END MAY 2025) 30.0 10.0 X 74817 0 35962 Susan Smith COO (END JANUARY 2025) 30.0 10.0 X 196243 0 73965 Jean Pinckney Director of Accounting 1.0 39.0 X 148304 0 15244 Jennifer Muir Director of Investments 39.0 1.0 X 162364 0 63238 Michael Amiridis University President 0.0 40.0 X 593041 0 0 Pam Cope Director of Human Resources 40.0 X 126800 0 13048 Ruth Ann Shuler Director of Planned Giving 40.0 X 147700 0 12371 2367478 0 298068 12 false true false Garvin Design Group 1209 Lincoln Street Columbia SC 29201 Design Services 587300 Music Showcase Festivals Inc PO Box 4579 Reading PA 19606 Travel - Event 542971 Aramark Services Inc PO Box 978839 Dallas TX 75397 Food services 519605 ITRVL LLC 1250 Prospect St Suite 300 La Jolla CA 92037 Travel 451421 Southern Way Inc 4440 Main Street Gibson NC 28343 Food Services 340912 10 235081 53946576 2933613 54181657 Registration Fees 611430 473877 473877 Rental Income 531120 5750 5750 Miscellaneous Revenue 900099 361264 361264 Musical Concerts 711130 11316 11316 0 0 0 0 852207 11878815 11878815 155795 155795 0 0 32227290 14898207 17329083 0 17329083 17329083 75402 235081 202405 -127003 -127003 Miscellaneous 900099 793129 793129 0 0 0 0 793129 85063683 1801131 0 29080895 33590571 33590571 191660 191660 1387206 1387206 1354098 591770 762328 158698 158698 205344 205344 184175 19541 164634 45099 6755 12169 26175 64891 64891 235952 235952 266827 28000 238827 6065653 5958550 42988 64115 165692 165692 1971588 1539620 228041 203927 1309170 626276 409419 273475 585889 278773 270184 36932 2034974 1483016 27501 524457 128075 115410 9619 3046 602247 513439 88808 5716 5716 286985 204708 82277 Salary/Wage Reimbursements 8475744 8456044 19700 Construction Costs 4511063 4478989 32074 Contributions 3863759 3863759 Food and Supplies 2304883 2064346 49595 190942 1174417 549911 501598 122908 71170376 64732546 4736201 1701629 400 400 6160162 8746224 40831765 89939614 6731728 7672142 0 0 0 0 7009448 5887813 62146 4780 5294330 2287962 3044084 3006368 655612595 729739515 267539 267539 0 1006 1006 11970045 11663883 731690918 856929284 4308392 4244134 13203131 14504717 0 0 10350992 16367222 0 0 27862515 35116073 X 119075818 126376270 584752585 695436941 703828403 821813211 731690918 856929284 X 13893307 55028367 49063134 X false true true false X 44676209 42564503 44422639 44393747 54181657 230238755 0 0 44676209 42564503 44422639 44393747 54181657 230238755 13548897 216689858 9020075 6718406 8189488 9238618 11878815 45045402 0 65164 64016 72835 69089 75402 346506 275630663 0 0.78616 0.78797 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 65164.0, COLUMN B - 64016.0, COLUMN C - 72835.0, COLUMN D - 69089.0, COLUMN E - 75402.0, COLUMN F - 346506.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 527198144 24984674 60386976 7474901 9727422 5101634 590265837 475258750 14582045 57830753 6802155 9281961 4389288 527198144 428350705 17637913 46560591 5859869 7637100 3793490 475258750 502775231 15952350 -72428484 5436459 7916022 4595911 428350705 384374168 14687599 117423196 5097292 4747707 3864733 502775231 0.0 1.0 0.0 false false 3006368 3006368 2126072 2126072 0 12371 12371 0 149519 149519 0 3006368 0 X 189090764 55028367 49265539 104293906 84796858 266825 0 266825 85063683 71105956 202405 202405 70903551 266825 0 266825 71170376 Schedule D, Part IV, Line 2b Explanation of escrow agreement The USC Educational Foundation has entered into an agreement with the Educational Foundation of USC Lancaster (A separate 501(C)(3) Entity) whereby the USC Educational Foundation holds, receives, records, manages, invests and disburses all private funds donated to the Educational Foundation of USC Lancaster. The Educational Foundation of USC Lancaster may withdraw their funds at any point. this agreement was initiated to enjoy the economies of scale in regards to staffing, resources and administrative costs. Schedule D, Part V, Line 4 Intended uses of endowment funds The net income of the Foundation's endowment funds is utilized as directed by the board of directors of the Foundation in accordance with the 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, colleges, institutes and offices. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation has been granted exemption from income taxes under Section 501(c)(3) of the Internal Revenue Code and accordingly, no provision for income tax is recorded in the accompanying financial statements. The Foundation has determined that it does not have any unrecognized tax benefits or obligations as of June 30, 2025. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Changes in Pledges Receivable - 49063134 Special Events - 202405 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Events - 202405 X X X X X X true Huron Consulting Group Inc 550 W Van Buren Street Chicago IL 60607 Consulting false 116018 -116018 Susan E Lee 511 Palmer Way Sunset SC 29685 Consulting false 46934 -46934 Tamara Christensen Consulting LLC 30 E Bishop Drive Tempe AZ 85282 Consulting false 39000 -39000 Windfall Data Inc 595 Pacific Avenue FL 4 San Francisco CA 94133 Consulting false 34000 -34000 0 235952 -235952 CA CO CT FL AL HI IL KS ME AK MD MA MI MN NV NH NJ NY OH OK OR RI SC UT AR WA WI Gala 162218 114060 48158 31385 52955 0 25016 Gala 83742 78202 5540 2875 9677 125 7206 2 64523 42819 21704 211 4837 53287 400 14431 310483 235081 75402 211 39097 115919 525 46653 202405 -127003 true National Merit Scholarship Corporation 1560 Sherman Ave Suite 200 Evanston IL 602014897 362307743 501(c)(3) 87000 Scholarships University of South Carolina 1600 Hampton Street Columbia SC 29208 576001153 115 20426582 1554236 Cost Equipment Operating - Scholars Children's Center at USC 1530 Wheat Street Columbia SC 29205 203404109 501(c)(3) 867497 Project Support American Heart Association PO Box 841750 Dallas TX 752841750 135613797 501(c)(3) 7000 Grant USC Development Foundation 1027 Barnwell Street Columbia SC 29208 576026593 501(c)(3) 9946937 Contribution Midlands Alliance for Better Transportation and Roads 3333 Heyward Street Columbia SC 29205 994208671 501(c)(4) 15000 Contribution 5 1 Scholarships 6 191660 Schedule I, Part III, Column (b) Selection of grantees is chosen based on availability of funding and predetermined scholarship criteria. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Scholarships are provided on behalf of the grantee directly to the university for application against educational expenses. X X X X false false false false false false false false false Jason Caskey President and CEO, University Foundation 406728 0 40000 0 23000 0 14312 0 17187 0 501227 0 0 0 Kim Elliott CFO and Treasurer 265710 0 10000 0 23000 0 13347 0 3569 0 315626 0 0 0 Hunter Lambert Assistant Vice President, Director R.E. 134771 0 15000 0 0 0 11734 0 24091 0 185596 0 0 0 Susan Smith COO (END JANUARY 2025) 196243 0 0 0 0 0 69857 0 4108 0 270208 0 0 0 Michael Amiridis University President 587357 0 0 0 5684 0 0 0 0 0 593041 0 0 0 Jennifer Muir Director of Investments 159364 0 3000 0 0 0 12081 0 51157 0 225602 0 0 0 Ruth Ann Shuler Director of Planned Giving 144700 0 3000 0 0 0 11500 0 871 0 160071 0 0 0 Jean Pinckney Director of Accounting 145304 0 3000 0 0 0 11806 0 3438 0 163548 0 0 0 Schedule J, Part I, Line 3 The Board engages an outside compensation consultant to study the salary of the CEO and make recommendations to the Board. This study is updated every three years. Schedule J, Part III USC Educational Foundation employees provide services for both the USC Educational Foundation and the USC Development Foundation, including its subsidiaries. The amounts in Schedule J include compensation for services rendered to both organizations. The USC Development Foundation and its subsidiaries provide the USC Educational Foundation with a lump sum allocation towards personnel expenses. 48 2880613 Other - FMV 1 53000 Other - FMV 1 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions The educational foundation hires real estate agents to sell residential properties. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of Contributions - 48 Contributors Real estate - Residential - Number of Contributions - 1 piece of property Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Kimberly Elliott and Susan Smith - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body 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. Form 990, Part VI, Line 12c Conflict of interest policy The foundation's conflict of interest policy is distributed annually to board members electronically. Attached to the copy of the conflict of interest policy is a signature form for each board member to digitally 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. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE TOP 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, Part VI, Line 15b Process to establish compensation of other employees COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION IS 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, Part VI, Line 19 Required documents available to the public 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. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Changes in Pledges Receivable - 49063134; Total - 49063134; Form 990, Part XII, Line 2c The process has not been changed since the prior year. The Mark Catesby Centre LLC 1027 Barnwell St Columbia SC 29208 576017985 Education & Promotion SC 0 4 USCEF G&B Horizons LLC 1027 Barnwell Street Columbia SC 29208 576017985 Education & Promotion SC 0 0 USCEF USC Development Foundation 1027 Barnwell St Columbia SC 29208 576026593 Development SC 501(c)(3) Type III-FI NA false Charitable Remainder Unitrust (4) 1027 Barnwell St Columbia SC 29208 Charitable SC NA Trust false USC Innovation LLC 1027 Barnwell St Columbia SC 29208 465676518 Development SC USCDF C Corporation false false true false true false false false false false false true false false true true true true true true