2024-03-27T14:12:39+00:00 2023-05-31 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 105 Lawrenceville GA 30043 990 2022-06-01 570474291 Charleston Southern University CHAR 8438638000 PO Box 118087 Charleston SC 294238087 Janelle Fox VP for Finance and Operations 2024-03-27 true Janelle Fox 999009999 Daren Daiga P01074795 5055022746 2022 2023-04-26 12:10:37Z B Keith Faulkner PO Box 118087 Charleston SC 294238087 146741142 false X www.csuniv.edu X 1960 SC The University's mission is to promote academic excellence in a Christian environment. 25 25 1278 58 0 0 20202416 14421400 96669728 102201523 1153861 5842207 14494 22663 118040499 122487793 41240708 37606488 0 34315769 33190827 150000 24000 1869348 38163285 40697397 113869762 111518712 4170737 10969081 197723286 205078921 60133957 59208878 137589329 145870043 X Charleston Southern University (CSU) is a private, four-year co-educational institution organized under the laws of the state of South Carolina as a non-profit organization and sponsored by the South Carolina Baptist Convention. The University's mission is to promote academic excellence in a Christian environment. false false 67836537 37582585 83250159 Instruction: For the fiscal year 2022-23, enrollment was 3,060 undergraduate and graduate students completing traditional, online, and hybrid courses. 710 degrees (482 undergraduate, 187 graduate, and 41 doctoral) were conferred during the year, and the total number of full-time professors was 202 including deans and administrative appointees. We offered 82 undergraduate degrees and 23 graduate degree programs. Charleston Southern University is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), whose mission is to "assure the educational quality and improve the effectiveness of its member institutions". CSU is in good standing with SACSCOC and our next SACSCOC full 10-year review will occur in 2026-27. CSU offered 3083 courses including 474 online and 125 graduate courses during the 2022-23 academic year. The university experienced a significant return of full-time traditional students while expanding program offerings for non-traditional students. U.S. News and World Report evaluated more than 1,800 programs last year and once again, CSU is the top-ranked program in South Carolina for Online Bachelor's Programs for Veterans, ranking No. 22 nationally and No. 1 in South Carolina. Overall, Charleston Southern is ranked No. 39 nationally for Best Online Bachelor's Programs and No. 2 in South Carolina. Deans, senior administrators, and faculty members are continually in touch with local employers, many of whom serve on our Advisory Boards for the various colleges and divisions, including business, education, nursing, and computer science. CSU continues to develop new programs to increase workforce readiness through internships. As the preference for remote working continues, we have found more employers are seeking to enroll their employees in online classes to enhance their mastery of technology via the internet. We continue to increase the enrollment in our BS in Aeronautics degree program. We currently have 70 students taking these classes. We continue to review their interest levels in specific areas and have upfitted an on-campus simulation lab for the large number of students interested in pursuing this degree. The Physical Therapy program continues to grow with a new cohort of 48 students entering the program each May. The Health Science Building was fitted with the appropriate equipment in the laboratories and classrooms that will enhance the abilities to conduct research and practice new skills. Similarly, the Physician Assistant Program continues to be a growing program with high levels of competition for admission. CSU faculty and staff remain involved with the Trident Advisory Board, Trident United Way Literacy program, the Lowcountry STEM Collaborative, and the Charleston Metro Chamber of Commerce, and continue to increase our opportunities to build partnerships with international companies who have a local presence. The College of Education has also partnered with local private high schools to offer dual enrollment to students who are interested in transferring to CSU after they graduate from high school. The Teacher Cadet program reported 180 students enrolled, remaining one of the largest programs in the state. 17934945 23903 4015741 Student services: Consists of Campus Ministries, Career Center, Counseling Services, Recreational Services, Residence Life, Community Service, Student Diversity, and Student Activities. The Enrollment Services Office is housed in the Hunter Center. Enrollment Services is comprised of the following: Admissions (undergraduate and graduate), Financial Aid, VA Services, Enrollment Operations, and Student Employment. In addition, the Registrar's Office, Student Accounts Office, and the Cashier's Window is housed in the Student Center offering a "one-stop" service center for new and continuing students. The Enrollment Services Office handles all undergraduate and graduate recruiting. The Admissions Office handles multiple communication channels for more than 40,000 prospective students annually, resulting in more than 1,400 new students each year. The Financial Aid office processed more than $87 million of federal, state, and institutional financial aid for more than 3,400 students during the 2022-23 academic year. Approximately ninety-five percent of the University's undergraduate population receives some type of financial assistance. Charleston Southern has been recognized for the following: One of America's 100 Best College Buys, a College of Distinction, One of America's Best Christian Colleges, and a U.S. News and World Report Best Online College. The University continues to promote Academic Excellence in a Christian Environment. In addition, CSU is proud to be designated a Military Friendly School by Victory Media, which publishes the premiere military personnel magazine GI Jobs. In keeping with its mission to serve the military population, the University has participated in the Yellow Ribbon Program for more than nine years. Approximately 320 veterans and their dependents were certified to receive government benefits for the 2022-23 academic year. 12801804 0 14846115 Auxiliary Enterprises: The University residence halls, dining hall, and campus bookstore are the major auxiliary enterprises serving the University community. Our dining hall, Java City, Buc Stop Diner and Chick-fil-A Express are operated and managed by Aramark, and our bookstore is operated and managed by Slingshot. Since the of summer 2021, we have partnered with the S.C. Baptist Convention to provide their middle and high school student camp called SummerSalt and their 3rd-5th grade camps called KidSalt. At the end of the summer, we also host one large church camp for the Church at the Mill. We are expecting approximately 3500-4000 children and youth from across S.C. to meet on our campus each summer. We also are the primary sponsor for Student Leadership University (SLU) - a youth leadership experience that provides leadership opportunities for students in Florida, Texas, Washington DC, Europe, and Israel. This unique opportunity is provided by CSU alum Dr. Jay Stack. 2313434 0 89508 Academic Support: The University library (approximately 250,000 volumes held) provides online and in-person support for the principal academic divisions. The L. Mendel Rivers Library includes a coffeehouse, Java City, on the main floor and several small study rooms available by reservation for students on the second floor. Charleston Southern University students may access the Internet within limitations to facilitate diversity and personal growth in technology, informational research skills, complete online classes and exams, and practice Netiquette and online communication skills. The library is also a depository of US Government documents, a member of PASCAL, the statewide academic library consortium, and provides free research and instructional services to students, faculty, staff, and guests. Internet access is provided free of charge to all students in the computer labs and library except for pre-determined lab fees that are required for some classes. CSU is a completely wireless campus, providing access in the residence halls for all registered resident students. We continue to increase the number of e-books and electronic databases as more of the academic literature is becoming available online rather than in printed format. Every student, staff, and faculty member have full access to classroom tools to facilitate study individually or in groups as well as attend classes virtually. The Reference Desk is always staffed in person and online for student assistance and our library staff are all credentialed and granted faculty status. 2313434 89508 100886720 true true false false false false false false true true false false true true false false true true false true false false true true false false false true true true false false false false false false false false true false true false false false false true true true false false true 4789 0 true 1278 true false false false false false true true false false false true false false false X 25 25 false false false false false true true true true false false true true true true true true true true false SC X Janelle Fox 8438638000 PO Box 118087 Charleston SC 294238087 Bill Carpenter Secretary 1.0 X X 0 0 0 Judy Hetz Chairman 1.0 X X 0 0 0 Larry Driggers Secretary (Part Year) 1.0 X X 0 0 0 Ron Brantley Vice Chairman 1.0 X X 0 0 0 Adam Robertson Trustee 1.0 X 0 0 0 Chad Rickenbaker Trustee (Part Year) 1.0 X 0 0 0 Dean Murphy III Trustee 1.0 X 0 0 0 DJ Horton Trustee 1.0 X 0 0 0 Frank Bullard Trustee 1.0 X 0 0 0 Gloria Thiem Trustee 1.0 X 0 0 0 James Davis Trustee 1.0 X 0 0 0 James Merritt Trustee 1.0 X 0 0 0 Jeff Wildes Trustee 1.0 X 0 0 0 Jerry Williams Trustee 1.0 X 0 0 0 Joseph Russell Trustee 1.0 X 0 0 0 Julia Martin Trustee 1.0 X 0 0 0 Linda Fick Trustee 1.0 X 0 0 0 Mark Hood Trustee 1.0 X 0 0 0 Missie Branch Trustee 1.0 X 0 0 0 Phil Byrd Trustee 1.0 X 0 0 0 Randy Eller Trustee 1.0 X 0 0 0 Rev Alex Sands Trustee 1.0 X 0 0 0 Rev Robbie Baxley Trustee 1.0 X 0 0 0 Ryan Ashley Trustee (Part Year) 1.0 X 0 0 0 Ryan Pack Trustee 1.0 X 0 0 0 Terri Austin Trustee 1.0 X 0 0 0 Tim Spurling Trustee 1.0 X 0 0 0 Tim Whitfield Trustee (Part Year) 1.0 X 0 0 0 Valerie Rumbough Trustee (Part Year) 1.0 X 0 0 0 Willian Renfrow Trustee 1.0 X 0 0 0 Anthony Turner VP Enrollment/Marketing 40.0 X 141841 0 50887 Clark Carter VP Student Life/Dean of Students (Part Year) 40.0 X 49062 0 60896 David Baggs VP for Development 40.0 X 138803 0 20375 Dondi E Costin President 45.0 X 388694 0 90213 Jackie Fish VP Academic Affairs 40.0 X 170078 0 22441 Jeff Barber Athletic Director 40.0 X 154169 0 46655 Michael Bryant VP Strategic Planning, Faith Integration, and Christian Leadership 40.0 X 69867 0 65328 Robert L Blackmon VP of Business Affairs & Finance 40.0 X 144487 0 18591 Autry Denson Head Football Coach (Part Year) 40.0 X 166466 0 46148 Gabby Poole Director, PA Program, Dean of COHS 40.0 X 141776 0 19058 Jacob Thorpe Director, PT Program 40.0 X 145555 0 7073 Jairy C Hunter Jr President Emeritus 40.0 X 298547 0 44965 James Radebaugh Head Basketball Coach 40.0 X 177218 0 48283 2186563 0 540913 33 false true false Aramark Food Services P O Box 978839 Dallas TX 753978839 Food Service 4491738 Slingshot LP 1500 S Western Ave Marion IN 46953 Bookstore 2490060 Dynamic Campus Solutions Inc 2806 Flintrock Trace Ste A205 Austin TX 78738 Technology Services 1976108 Chucktown Flight Training LLC 6060 S Aviation LLC Suite 109 N Charleston SC 29406 Flight Instruction 913983 APT Aquisition and Construction Corporation 2680 Abutment Rd SE Dalton GA 30721 Construct Intramural Field 723364 20 13720 1261620 9633444 3512616 123738 14421400 Tuition and Fees 611710 83250159 83250159 Auxiliary Services 611710 14846115 14846115 Student Services 611710 4015741 4015741 Interest on Student Loans 611710 89508 89508 0 0 0 0 102201523 1331823 1331823 28009 28009 37525 40270 -2745 0 -2745 -2745 28716182 24202298 3500 4513884 -3500 4510384 4510384 4680 13720 7281 -2601 -2601 0 0 0 0 0 122487793 102201523 0 5864870 37606488 37606488 1652973 708159 791092 153722 69561 69561 0 0 26102540 24287313 963791 851436 952197 876471 44091 31635 2554853 2400323 86914 67616 1858703 1701318 102397 54988 445078 0 445078 0 247813 0 247813 0 24000 24000 158050 0 158050 0 271180 127658 133048 10474 954131 94194 805750 54187 968012 850174 82246 35592 3357052 2215655 872833 268564 3021347 2895056 96078 30213 2617063 2496617 30170 90276 1545543 1463085 82458 0 5272121 5051747 167653 52721 1518623 1017031 492783 8809 Other Operating Expenses 12557798 9389216 3049779 118803 Food Services 3786512 3786512 0 0 Bookstore 2112987 2112987 0 0 Repairs and Maintenance 1864087 1737155 110620 16312 0 0 0 0 111518712 100886720 8762644 1869348 3045791 1795186 48823905 34253384 2545068 4814939 2890814 4631365 0 0 847396 230571 169846571 71943117 99071191 97903454 28636264 44402223 2176182 5442569 1248235 826157 8438440 10779073 197723286 205078921 5672453 5067547 2371449 3724390 48215737 46226611 0 1290535 1134015 2583783 3056315 60133957 59208878 X 107417285 114382480 30172044 31487563 137589329 145870043 197723286 205078921 X 10969081 -4588377 1900010 X false true X true true true X 4219071 6208564 11132822 20202416 14421400 56184273 0 0 4219071 6208564 11132822 20202416 14421400 56184273 1276798 54907475 801661 1023622 424119 555999 1397357 4202758 0 0 0 0 0 0 0 60387031 0 0.9093 0.9164 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25844075 1560929 280337 393808 27291533 24414629 2534100 -544807 559847 25844075 20142676 505296 4938457 1171800 24414629 19391285 565276 989673 803558 20142676 19630648 276381 139105 654849 19391285 0.0899 0.9101 0.0 false true true 146500 146500 129382560 51080858 78301702 25732748 10450550 15282198 9605235 7424383 2180852 4979528 2987326 1992202 97903454 Intercompany Receivables from CIDOR 5869822 Trust Funds Held by Others 391930 Beneficial Interest in Perpetual Trusts 1994462 Interest Rate Swap 2522859 10779073 US Government Loan Funds Refundable 1120664 Other Liabilities 1935651 3056315 Schedule D, Part V Funds are invested with earnings to be used for student scholarships and other academic purposes. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Federal financial aid funds under Title IV are received by the University and awarded and disbursed to its students. The University also received financial assistance from the Higher Education Emergency Relief Funds (HEERF) as part of the CARES Act. Europe (Including Iceland and Greenland) 0 0 Program Services International recruiters 35932 North America (Canada & Mexico only) 0 0 Program Services International recruiters 1093 South Asia 0 0 Program Services International recruiters 1178 0 0 0 0 0 0 38203 0 38203 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH ASIA-Accrual X X X X X X X true Peak Sports PO Box 1741 Allen TX 75013 Securing sponsorships and advertising agreements false 0 24000 -24000 0 24000 -24000 SC President's Cup Golf Tournament 18400 13720 4680 6282 999 0 0 18400 13720 4680 6282 999 7281 -2601 Schedule G, Part I, Line 2b(iv) The professional fundraising services were consulting in nature. No gross receipts were directly generated from the services provided. true Student Scholarships 2534 37582585 HEERF grants 50 23903 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The financial aid office at Charleston Southern University requires students to complete the Free Application for Federal Student Aid (FAFSA) form to determine eligibility for Federal, State, and institutional grants, scholarships, and loans. This is an equitable formula that measures all assets consistently. In addition to this form, the institution does require some other guidelines in the event that funds are offered based upon certain academic credentials or performance in a University sponsored activity or athletic event. These credentials are clearly stated in the University catalog and the University website. Enrollment and eligibility are monitored by the University. Scholarships are applied directly to student accounts. No cash changes hands. X X X X X true true X X X false true false false false false false true Dondi E Costin President 334926 0 11250 0 42518 0 31937 0 58276 0 478907 0 0 0 Jeff Barber Athletic Director 143278 0 4500 0 6391 0 7500 0 39155 0 200824 0 0 0 Anthony Turner VP Enrollment/Marketing 137959 0 3225 0 657 0 6792 0 44095 0 192728 0 0 0 Jackie Fish VP Academic Affairs 164650 0 4889 0 539 0 8148 0 14293 0 192519 0 0 0 Robert L Blackmon VP of Business Affairs & Finance 139061 0 4200 0 1226 0 7000 0 11591 0 163078 0 0 0 David Baggs VP for Development 134701 0 4094 0 8 0 6822 0 13553 0 159178 0 0 0 Jairy C Hunter Jr President Emeritus 290737 0 4650 0 3160 0 7750 0 37215 0 343512 0 0 0 James Radebaugh Head Basketball Coach 171190 0 5382 0 646 0 8970 0 39313 0 225501 0 0 0 Autry Denson Head Football Coach (Part Year) 161428 0 4500 0 538 0 8750 0 37398 0 212614 0 0 0 Gabby Poole Director, PA Program, Dean of COHS 123936 0 3840 0 14000 0 6587 0 12471 0 160834 0 0 0 Jacob Thorpe Director, PT Program 134430 0 4020 0 7105 0 6700 0 373 0 152628 0 0 0 Schedule J, Part I, Line 1a Travel for companions Travel for companions: The President's and President Emeritus' wives travel with them on occasion to support development and public relations efforts of the University. The governing board has specifically authorized this and recognizes it as necessary and for bona fide business purposes; this benefit is therefore not included as taxable compensation to the President or President Emeritus. Schedule J, Part I, Line 1a Tax indemnification and gross-up payments Tax indemnification and gross-up payments: The University provides reimbursements for tax obligations for various fringe benefits for all officers, the President Emeritus, Director, PT Program, VP for Enrollment/Marketing, and Interim VP for Enrollment. This benefit is included in taxable compensation. Schedule J, Part I, Line 1a Housing allowance or residence for personal use Housing allowance or residence for personal use: The University does not have a residence on campus provided to the President free of charge as do many colleges and universities. In order to address this inequity, the governing board has authorized payment of a housing allowance to the Charleston Southern University President. This is included in taxable compensation. A ministerial housing allowance is also provided to the President, VP of Strategic Planning, VP for Student Life and Dean of Students, and the Interim VP for Enrollment. Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. All officers noted above met the qualifications for and received a ministerial housing allowance during the tax year. The President Emeritus receives a housing allowance that is treated as taxable income on his W-2. Schedule J, Part I, Line 1a Health or social club dues or initiation fees Health or social club dues or initiation fees: The governing board has authorized the payment of social club dues for the President and the President Emeritus for the purpose of entertaining University donors, board members, etc. Business use of these clubs are not included in taxable compensation since they are for bona fide business purposes. Personal use of these clubs are included in taxable compensation. Schedule J, Part I, Line 1a Personal services Personal Services: The President and President Emeritus are also authorized by the governing board to receive reimbursement for housekeeping and yard services specifically for events where University guests are entertained at their personal residences for bona fide business purposes. This is not treated as taxable compensation. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Per instruction from the University's governing board, a nonqualified retirement plan has been established to which the President Emeritus, Dr. Jairy Hunter, is authorized to participate. Total amount contributed during the year was $1,000. Schedule J, Part I, Line 7 Non-fixed payments Non fixed discretionary bonus payments were paid to all employees in May of 2022, inclusive of officers and key highly compensated employees and are reported accordingly for individuals listed on this return on Schedule J, Part II, Column B(ii). A Educational Facilities Authority for Private Nonprofit Institutions 576000286 000000000 2017-02-03 11000000 Bond A, issued 2/03/2017 -New Construction and equipment for new building. false false false B Educational facilities Authority for Private Nonprofit Institutions 576000286 000000000 2017-12-19 44000000 Bond B, Issued 12/19/2017 - Refunding of 7/9/2003 bond and new construction and equipment false false false A 1870731 0 11000000 0 0 0 191454 0 0 10808546 0 0 2017 false false true true B 3773025 0 44000000 0 0 0 186430 0 0 30721837 13091733 0 2019 true false true true A false false false false 0.0 0.0 0.0 false false true B false false true true false 0.036 0.0 0.036 false false true A false false false true true true Truist 10.0 true false false false true B false false false true true true Truist 15.0 true false false false true A true B true Schedule K, Part IV, Line 2c COLUMN A Issuer name: Educational Facilities Authority for Private Nonprofit Institutions The calculation for computing no rebate due was performed on 02/03/2022 Schedule K, Part IV, Line 2c COLUMN B Issuer name: Educational facilities Authority for Private Nonprofit Institutions The calculation for computing no rebate due was performed on 12/01/2022 Kimberly Baggs Family member of David Baggs, Officer 69561 Employee Compensation false X 1 70000 Market value X 4 33738 Market value X Training DVDs 800 20000 Cost 1 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - The number of contributions represent the number of contributions received, not the number of items donated. Cars and other vehicles - The number of contributions represent the number of items received. Other - Training DVDs The number of contributions represent the number of items received. Form 990, Part III, Line 4d Description of other program services (Expenses $ 2,313,434 including grants of $ 0)(Revenue $ 89,508) Academic Support: The University library (approximately 250,000 volumes held) provides online and in-person support for the principal academic divisions. The L. Mendel Rivers Library includes a coffeehouse, Java City, on the main floor and several small study rooms available by reservation for students on the second floor. Charleston Southern University students may access the Internet within limitations to facilitate diversity and personal growth in technology, informational research skills, complete online classes and exams, and practice Netiquette and online communication skills. The library is also a depository of US Government documents, a member of PASCAL, the statewide academic library consortium, and provides free research and instructional services to students, faculty, staff, and guests. Internet access is provided free of charge to all students in the computer labs and library except for pre-determined lab fees that are required for some classes. CSU is a completely wireless campus, providing access in the residence halls for all registered resident students. We continue to increase the number of e-books and electronic databases as more of the academic literature is becoming available online rather than in printed format. Every student, staff, and faculty member have full access to classroom tools to facilitate study individually or in groups as well as attend classes virtually. The Reference Desk is always staffed in person and online for student assistance and our library staff are all credentialed and granted faculty status. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee consists of the officers of the Board and the Chairman of the standing committees. The Executive Committee has the power, in the interim of the meetings of the Board of Trustees, to do all acts and perform all duties and services necessary to the operation of CSU within the established policy of the Board. This provision does not authorize any act relating to capital improvements, unless the Executive Committee is given such authority by the Board. All actions of the Executive Committee exercised under this provision are reported to the Board of Trustees at the next regular or special meeting for review and consideration, and whenever necessary for ratification. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The governance of Charleston Southern University is vested in a Board of Trustees, elected by the Messengers to the South Carolina Baptist Convention in the manner and for the terms prescribed in the charter of the institution, in accordance with the action of the Convention. The South Carolina Baptist Convention is an association of cooperating churches which meets annually for two days to conduct Convention business. Each church that contributes to the Cooperative Program and adheres to the Baptist Faith and Message 2000 is allowed to send a delegation of messengers to the annual meeting. Messengers register in advance and credentials are issued (including voting ballots) to qualified messengers. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The Messengers to the South Carolina Baptist Convention must approve all changes or amendments to the University's charter. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy All trustees and senior administration are required to submit a written listing of any such interests. Any disclosed potential conflicts are reviewed by the officers of the board. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The independent officers of the board review compensation data for other college and university presidents and annual evaluations of the President's performance which are completed by each board member annually. This data is utilized in setting appropriate compensation levels for the upcoming term of the President's contract. The resulting recommendation is presented to the full independent Board of Trustees for discussion and approval contemporaneously. The approval and discussion is documented in the board minutes. Compensation of the organization's other officers is determined annually by the President considering performance and comparability data for others with similar responsibilities at similar institutions. The President is independent. Deliberations and decisions are documented in the HR files. Form 990, Part VI, Line 19 Required documents available to the public Governing documents are not available to the general public. The conflict of interest policy and the financial statements are available to the general public upon request. Form 990, Part VII, Section A, Line 1a Compensation reported in Part VII, column D is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Gain on Beneficial Interest in Perpetual Trust - -32470; Unrealized Gain on Interest Rate Swap - 1932480; South Carolina Baptist Convention 190 Stonebridge Drive Columbia SC 29240 570360087 Association of Southern Baptist Churches SC 501(c)(3) 1 NA false The Baptist Foundation of South Carolina 190 Stoneridge Drive Columbia SC 29210 570348054 Institution of SCBC designated for the management of trust funds SC 501(c)(3) 1 South Carolina Baptist Convention false Charleston Interstate Development Corporation 9280 University Boulevard Charleston SC SC 29406 201990558 Real Estate SC Charleston Southern University C Corporation 2737121 5597936 1 true Charitable remainder unitrusts (2) Hold assets and remit income to the university SC Charleston Southern University true false false true true false false false false false false false false false false true false false false false Charleston Interstate Development Corp D 5869822 Fair Market Value