COLLEGE OF CHARLESTON FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF CHARLESTON FOUNDATION (EIN 23-7069236)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-07
- IRS object ID
- 202511279349301646
- Schema version
- 2023v6.0
- 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 C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-07T10:20:35+00:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Ridgefield Court | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237069236 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE OF CHARLESTON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLL | BusinessNameControlTxt |
| Phone | 8439533130 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 GEORGE STREET | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29424 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | J R Barnhart | PersonNm |
| Person Title | Foundation CFO / COO | PersonTitleTxt |
| Phone | 8439533130 | PhoneNum |
| Signature | 2025-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Bibby | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Preparation | 2025-05-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J R Barnhart | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 GEORGE STREET | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29424 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $45,882,402 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | GIVING.COFC.EDU/FOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1970 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE EDUCATION, RESEARCH, AND DEVELOPMENT PROGRAMS FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE OF CHARLESTON. | ActivityOrMissionDesc |
| Voting Members Governing Body | 39 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 39 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 53 | TotalVolunteersCnt |
| Total Gross UBI | -$80,503 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,017,658 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,026,181 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $43,434 | PYInvestmentIncomeAmt |
| CY Investment Income | $129,327 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,141,934 | PYOtherRevenueAmt |
| CY Other Revenue | $1,072,654 | CYOtherRevenueAmt |
| PY Total Revenue | $13,203,026 | PYTotalRevenueAmt |
| CY Total Revenue | $21,228,162 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,121,902 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,083,673 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,956,796 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,667,346 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,517,823 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,527,022 | PYOtherExpensesAmt |
| CY Other Expenses | $5,289,253 | CYOtherExpensesAmt |
| PY Total Expenses | $14,605,720 | PYTotalExpensesAmt |
| CY Total Expenses | $15,040,272 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,402,694 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,187,890 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $176,644,406 | TotalAssetsBOYAmt |
| Total Assets EOY | $204,281,779 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,115,255 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,224,820 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $172,529,151 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $199,056,959 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Mission of the College of Charleston Foundation is to promote programs of education, research, student development, and faculty development for the exclusive benefit of the College of Charleston. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,620,952 | ExpenseAmt |
| Grant | $5,681,424 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,150,748 | ExpenseAmt |
| Grant | $402,249 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $12,771,700 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 70 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (true) | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 39 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 39 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J R Barnhart | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8439537458 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 GEORGE ST | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29424 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Mr Johnnie Baxley III | |||||||||
| Secretary | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Mr R Keith Sauls | |||||||||
| Vice Chair | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Mr Stephen Kerrigan | |||||||||
| Chair | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Ms Patricia Ory | |||||||||
| Treasurer | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Bartina L Edwards Esq | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Charles Mosteller | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Mark Buono | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Neil Draisin | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Brady Quirk-Garvan | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Craig Eney | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Eric Cox | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr H Chapman McKay | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr John Carter Jr | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Justin McLain | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Nicholas Glover | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Richard Salmons Jr | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Stephen Ryan Morris | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Steve Osborne | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Tanner Crunelle | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr Todd Abedon | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mr William Penney Jr | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mrs Beth Meredith | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mrs Jean Johnson | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mrs Katherine Williams | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mrs Leslie Gambee | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ms Jamilla Richelle Harper | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ms Laura Ricciardelli | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ms Michelle Y Mangum | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ms Sabra Horne | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ms Sherrie Snipes-Williams | |||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dan Frezza | |||||||||
| EVP-CofC Advancement, Foundation CEO | 12.0 | Yes (X) | $58,600 | $199,288 | $0 | 28.0 | |||
| J R Barnhart | |||||||||
| Foundation CFO/COO | 32.0 | Yes (X) | $0 | $126,431 | $0 | 8.0 | |||
| Mr Andrew Hsu | |||||||||
| President, CofC | 0.0 | $274,686 | $242,126 | $0 | 40.0 | Yes (X) | |||
| Ms Suzanne Austin | |||||||||
| Provost, CofC | 0.0 | $100,000 | $262,187 | $0 | 40.0 | Yes (X) | |||
| Jimmie Foster | |||||||||
| VP of Admissions | 0.0 | $0 | $146,053 | $0 | 40.0 | Yes (X) | |||
| Patrick Kelsey | |||||||||
| Basketball Coach | 0.0 | $375,000 | $771,920 | $0 | 40.0 | Yes (X) | |||
| Paul Schwager | |||||||||
| Business School Dean | 0.0 | $30,000 | $275,838 | $0 | 40.0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $838,286 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,023,843 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARAMARK SERVICES INC | |||||
| 65 George Street | Charleston | SC | 29424 | Catering | $600,712 |
| Blackbaud | |||||
| 65 Fairchild Street | Charleston | SC | 29492 | Software | $280,419 |
| CHARLESTON REGIONAL DEVELOPMENT ALLIANCE | |||||
| 4401 BELLE OAKS DRIVE SUITE 420 | N CHARLESTON | SC | 294058562 | Economic Development | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $20,026,181 | AllOtherContributionsAmt |
| Noncash Contributions | $4,340,013 | NoncashContributionsAmt |
| Total Contributions | $20,026,181 | TotalContributionsAmt |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $146,444 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$80,503 | UnrelatedBusinessRevenueAmt |
| Exclusion | $226,947 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $695,491 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $695,491 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $695,491 | TotalRevenueColumnAmt |
| Exclusion | $695,491 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,627,700 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,614,893 | SecuritiesAmt |
| Other | $29,924 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,807 | SecuritiesAmt |
| Other | -$29,924 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$17,117 | TotalRevenueColumnAmt |
| Exclusion | -$17,117 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $3,100 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $9,423 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,323 | TotalRevenueColumnAmt |
| Exclusion | -$6,323 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 900099 | $375,244 | $375,244 |
| LICENSE TAG INCOME | 900099 | $8,242 | $8,242 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $383,486 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,228,162 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$80,503 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,282,484 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,681,424 | TotalAmt |
| Program Services | $5,681,424 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,249 | TotalAmt |
| Program Services | $402,249 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $371,837 | TotalAmt |
| Program Services | $339,024 | ProgramServicesAmt |
| Management And General | $26,250 | ManagementAndGeneralAmt |
| Fundraising | $6,563 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,889,996 | TotalAmt |
| Program Services | $2,216,913 | ProgramServicesAmt |
| Management And General | $136,002 | ManagementAndGeneralAmt |
| Fundraising | $537,081 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,224 | TotalAmt |
| Program Services | $263,461 | ProgramServicesAmt |
| Management And General | $16,725 | ManagementAndGeneralAmt |
| Fundraising | $56,038 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,289 | TotalAmt |
| Program Services | $54,294 | ProgramServicesAmt |
| Management And General | $3,447 | ManagementAndGeneralAmt |
| Fundraising | $11,548 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,541 | TotalAmt |
| Program Services | $46,171 | ProgramServicesAmt |
| Management And General | $41,370 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,311 | TotalAmt |
| Management And General | $100,311 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,134 | TotalAmt |
| Management And General | $11,977 | ManagementAndGeneralAmt |
| Fundraising | $51,157 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,103,866 | TotalAmt |
| Program Services | $808,606 | ProgramServicesAmt |
| Management And General | $71,886 | ManagementAndGeneralAmt |
| Fundraising | $223,374 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,191 | TotalAmt |
| Program Services | $69,903 | ProgramServicesAmt |
| Management And General | $1,750 | ManagementAndGeneralAmt |
| Fundraising | $7,538 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $827,866 | TotalAmt |
| Program Services | $617,545 | ProgramServicesAmt |
| Management And General | $51,146 | ManagementAndGeneralAmt |
| Fundraising | $159,175 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,532 | TotalAmt |
| Program Services | $2,551 | ProgramServicesAmt |
| Management And General | $67,618 | ManagementAndGeneralAmt |
| Fundraising | $210,363 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,956 | TotalAmt |
| Program Services | $180,485 | ProgramServicesAmt |
| Management And General | $20,471 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $723,210 | TotalAmt |
| Program Services | $573,603 | ProgramServicesAmt |
| Management And General | $27,064 | ManagementAndGeneralAmt |
| Fundraising | $122,543 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,417,379 | TotalAmt |
| Program Services | $1,216,639 | ProgramServicesAmt |
| Management And General | $77,657 | ManagementAndGeneralAmt |
| Fundraising | $123,083 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,785 | TotalAmt |
| Program Services | $157,350 | ProgramServicesAmt |
| Management And General | $45,435 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,971 | TotalAmt |
| Management And General | $29,971 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Student Development | $65,650 | $65,650 | ||
| Recruitment | $53,537 | $52,319 | $20 | $1,198 |
| Professional Development | $48,645 | $23,513 | $16,970 | $8,162 |
| MISCELLANEOUS EXPENSE | $4,679 | $4,679 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,040,272 | TotalAmt |
| Program Services | $12,771,700 | ProgramServicesAmt |
| Management And General | $750,749 | ManagementAndGeneralAmt |
| Fundraising | $1,517,823 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,623,610 | BOYAmt |
| EOY | $900,935 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,904 | BOYAmt |
| EOY | $13,310 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,553,694 | BOYAmt |
| EOY | $11,110,477 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,587,029 | BOYAmt |
| EOY | $1,617,217 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,209,832 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,996,897 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,823,883 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,166,081 | BOYAmt |
| EOY | $5,173,014 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $472,134 | BOYAmt |
| EOY | $4,065,902 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,788,700 | BOYAmt |
| EOY | $165,656,602 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,182,673 | BOYAmt |
| EOY | $12,452,823 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,198,581 | BOYAmt |
| EOY | $1,081,667 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,644,406 | BOYAmt |
| EOY | $204,281,779 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $438,900 | BOYAmt |
| EOY | $541,728 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,533,919 | BOYAmt |
| EOY | $1,635,924 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,142,436 | BOYAmt |
| EOY | $3,047,168 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,115,255 | BOYAmt |
| EOY | $5,224,820 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,880,116 | BOYAmt |
| EOY | $21,973,055 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,649,035 | BOYAmt |
| EOY | $177,083,904 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,529,151 | BOYAmt |
| EOY | $199,056,959 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,644,406 | BOYAmt |
| EOY | $204,281,779 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,187,890 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $20,444,215 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$104,297 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,335,691 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,158,089 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,229,730 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,017,568 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,019,858 | CurrentTaxYearAmt |
| Total | $60,760,936 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,335,691 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,158,089 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,229,730 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,017,568 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,019,858 | CurrentTaxYearAmt |
| Total | $60,760,936 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,786,962 | SubstantialContributorsTotAmt |
| Public Support Total170 | $57,973,974 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $804,317 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $697,940 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $701,053 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $783,414 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $841,935 | CurrentTaxYearAmt |
| Total | $3,828,659 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $375,420 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $284,047 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $434,510 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $446,443 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $383,486 | CurrentTaxYearAmt |
| Total | $1,923,906 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $66,513,501 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $0 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.8716 | PublicSupportCY170Pct |
| Public Support PY170 | 0.8588 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - OTHER INCOME, COLUMN A - 375420.0, COLUMN B - 284047.0, COLUMN C - 434510.0, COLUMN D - 446443.0, COLUMN E - 383486.0, COLUMN F - 1923906.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $100,311 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $100,311 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | Amounts paid to Firm to provide Government Relations Services including discussions and contact with legislators in connection to operations and increased funding for the College of Charleston. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $2,280,050 | RevenuesIncludedAmt |
| Assets Included | $12,452,823 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $128,492,068 | BeginningYearBalanceAmt |
| Contributions | $5,398,159 | ContributionsAmt |
| Investment Earnings Or Losses | $16,421,568 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,908,503 | OtherExpendituresAmt |
| End Year Balance | $147,403,292 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $124,032,298 | BeginningYearBalanceAmt |
| Contributions | $2,274,738 | ContributionsAmt |
| Investment Earnings Or Losses | $8,983,189 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,798,157 | OtherExpendituresAmt |
| End Year Balance | $128,492,068 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $128,582,206 | BeginningYearBalanceAmt |
| Contributions | $6,681,502 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,821,972 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,409,438 | OtherExpendituresAmt |
| End Year Balance | $124,032,298 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $101,377,805 | BeginningYearBalanceAmt |
| Contributions | $3,700,036 | ContributionsAmt |
| Investment Earnings Or Losses | $28,376,441 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,872,076 | OtherExpendituresAmt |
| End Year Balance | $128,582,206 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $97,196,990 | BeginningYearBalanceAmt |
| Contributions | $2,276,517 | ContributionsAmt |
| Investment Earnings Or Losses | $6,131,617 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,227,319 | OtherExpendituresAmt |
| End Year Balance | $101,377,805 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0619 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.9381 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,793,588 | OtherCostOrOtherBasisAmt |
| Book Value | $3,793,588 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,249,254 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,293,149 | DepreciationAmt |
| Book Value | -$43,895 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,702,526 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,245,965 | DepreciationAmt |
| Book Value | $456,561 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,251,529 | OtherCostOrOtherBasisAmt |
| Depreciation | $284,769 | DepreciationAmt |
| Book Value | $966,760 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,173,014 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Limited Partnerships | Desc |
| Book Value | $165,656,602 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $165,656,602 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLECTIONS OF ART AND HISTORICAL TREASURES | Desc |
| Book Value | $12,452,823 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $12,452,823 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $74,659 |
| line of credit | $2,000,744 |
| lease liability | $971,765 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,047,168 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $41,658,109 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $20,444,215 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$2,291 | OtherRevenueAmt |
| Revenue Not Reported | $20,441,924 | RevenueNotReportedAmt |
| Revenue Subtotal | $21,216,185 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $11,977 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $11,977 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $21,228,162 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,130,301 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $102,006 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $102,006 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,028,295 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $11,977 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $11,977 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $15,040,272 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE COLLEGE OF CHARLESTON FRIENDS OF THE LIBRARY'S MISSION IS TO ADVANCE INTELLECTUAL AND CULTURAL EXCELLENCE ON OUR CAMPUS AND THROUGHOUT THE COMMUNITY. PART OF THAT MISSION INCLUDES ENHANCING THE HOLDINGS IN SPECIAL COLLECTIONS AT THE MARLENE AND NATHAN ADDLESTONE LIBRARY. SPECIAL COLLECTIONS IS COMPRISED OF RARE AND VALUABLE BOOKS, MANUSCRIPTS, AND OTHER COLLECTIBLES THAT SUPPORT RESEARCH BY STUDENTS, FACULTY, AND VISITING SCHOLARS. IN RECENT YEARS, SPECIAL COLLECTIONS STAFF IDENTIFIED SEVERAL SIGNIFICANT TITLES THAT WOULD BE STRATEGIC ACQUISITIONS TO CURRENT COLLECTIONS. THE STAFF WAS ABLE TO SECURE THESE ACQUISITIONS AND TO DATE ALL HAVE BEEN USED BY STUDENTS OR FACULTY FOR RESEARCH PAPERS AS PART OF SEVERAL ACADEMIC COURSES TAUGHT AT THE COLLEGE OF CHARLESTON. THESE ACQUISITIONS WOULD NOT HAVE BEEN POSSIBLE WITHOUT PRIVATE SUPPORT. THE IMPACT OF THESE TITLES ON THE ENTIRE CAMPUS AND THE COMMUNITY IS ENDLESS AND IMMEASURABLE. IN TIME, WITH SUPPORT OF THE FRIENDS OF THE LIBRARY, THE STAFF IN SPECIAL COLLECTIONS HOPES TO CONTINUOUSLY GROW THE COLLECTIONS IN THE SAME MANNER. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The Foundation's endowment consists of approximately 700 individual funds established for a variety of purposes including funds established by donors to provide annual funding for specific activities and general operations, and certain net assets without donor restrictions that have been designated for endowment by the Board of Directors. Net assets associated with endowment funds, including funds designated by the Board of Directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions and the Foundation's interpretation of relevant law. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code; accordingly, the accompanying consolidated financial statements do not reflect a provision or liability for federal and state income taxes. The Foundation has determined that it does not have any material unrecognized tax benefits or obligations as of June 30, 2024. Contributions made to the Foundation qualify for the charitable contribution deduction under Section 509(a)(1) and 170(b)(1)(A)(iv) of the Internal Revenue Code. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE - -5228 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT - 2937 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | CHANGE IN VALUE OF MARINE GENOMICS GRANT - 102006 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | A PROPERTY IN TRUJILLO, SPAIN, WAS DONATED TO THE COLLEGE OF CHARLESTON FOR USE IN THE STUDY ABROAD PROGRAM. THE PROPERTY IS NOW BEING USED AS THE RESIDENCE FOR THE PROFESSORS INVOLVED IN THIS PROGRAM. THE FOUNDATION'S DUTY IS TO MAINTAIN AND MANAGE THE PROPERTY. | SpecificServicesProvidedTxt |
| Region Total Expenditures | $42,583 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $42,583 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $42,583 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | EUROPE (INCLUDING ICELAND AND GREENLAND | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | German American Business Summit | Event1Nm |
| Gross Receipts Event1 | $15,100 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $12,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $3,100 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $9,423 | OtherDirectExpensesEvent1Amt |
| Gross Revenue Event2 | $0 | GrossRevenueEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $15,100 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $12,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $3,100 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $9,423 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $9,423 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$6,323 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|
| COLLEGE OF CHARLESTON | |||||||
| 576000265 | IRC 115 | $4,371,535 | COLLEGE OF CHARLESTON: GRANTS PROVIDED TO THE COLLEGE OF CHARLESTON ARE USED TO PROMOTE PROGRAMS OF EDUCATION, RESEARCH, STUDENT DEVELOPMENT, AND FACULTY DEVELOPMENT IN ACCORDANCE WITH THE MISSION STATEMENT OF THE FOUNDATION. | ||||
| COLLEGE OF CHARLESTON ALUMNI ASSOCIATION | |||||||
| 570760038 | 501C3 | $150,000 | COLLEGE OF CHARLESTON ALUMNI ASSOCIATION: PER A MEMORANDUM OF UNDERSTANDING (MOU) WITH THE ALUMNI ASSOCIATION OF THE COLLEGE OF CHARLESTON, THE COLLEGE OF CHARLESTON FOUNDATION SHALL PROVIDE AN AGREED UPON AMOUNT OF ANNUAL SUPPORT TO ENHANCE ALUMNI ENGAGEMENT AND PROGRAMS, WITH PAYMENTS DUE AT THE BEGINNING OF EACH QUARTER. THE MOU WAS EXECUTED ON DECEMBER 7, 2012 AND EFFECTIVE RETROACTIVELY TO JULY 1, 2012 FOR A THREE-YEAR PERIOD WITH THE APPROVAL OF THE FOUNDATION BOARD OF DIRECTORS AND THE ALUMNI ASSOCIATION BOARD OF DIRECTORS. THE MOU WAS RENIGOTIATED IN 2015 FOR AN ADDITIONAL THREE YEARS. FOR THE FISCAL YEAR JULY 1, 2019 - JUNE 30, 2022 THE FOUNDATION PAID THE ALUMNI ASSOCIATION $150,000 IN ACCORDANCE WITH THE MOU. | PO BOX 20216 | CHARLESTON | SC | 29413 |
| Charleston athletic fund | |||||||
| 570640443 | 501C3 | $178,861 | COLLEGE OF CHARLESTON COUGAR CLUB: OPERATIONAL SUPPORT | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | ACADEMIC & ACHIEVEMENT AWARDS | GrantTypeTxt |
| Recipient | 1110 | RecipientCnt |
| Cash Grant | $402,249 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | GRANTS TO ORGANIZATIONS: THROUGH ITS REPRESENTATIVES ON THE ALUMNI BOARD AND THE COUGAR CLUB BOARD, THE FOUNDATION IS ABLE TO MONITOR FINANCIAL AND PROGRAM ACTIVITY FOR EACH OF THESE RESPECTIVE ORGANIZATIONS. WITH REGARD TO THE COLLEGE OF CHARLESTON, THE FOUNDATION WAS ESTABLISHED TO PROMOTE PROGRAMS OF EDUCATION, RESEARCH, STUDENT DEVELOPMENT, AND FACULTY DEVELOPMENT FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE OF CHARLESTON. IN ADDITION, THE FOUNDATION AND THE COLLEGE OF CHARLESTON HAVE EXECUTED A MEMORANDUM OF AGREEMENT TO GUIDE EXPECTATIONS BETWEEN THE TWO ORGANIZATIONS. GRANTS/ASSISTANCE TO INDIVIDUALS: ACADEMIC & ACHEIVEMENT AWARDS ARE DISTRIBUTED BASED ON SPECIFIC CRITERIA ESTABLISHED IN DONOR GIFT AGREEMENTS AS WELL AS BY ACADEMIC UNITS AT THE COLLEGE OF CHARLESTON. THE ACADEMIC UNITS ARE RESPONSIBLE FOR SELECTING RECIPIENTS BASED ON ESTABLISHED CRITERIA. STUDENT EMERGENCY ASSISTANCE IS PROVIDED BASED ON AN APPLICATION PROCESS MANAGED BY THE COLLEGE OF CHARLESTON DIVISION OF STUDENT AFFAIRS, WHO SHALL SUBMIT APPROVED REQUESTS TO THE FOUNDATION FOR DISTRIBUTION TO A STUDENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dan Frezza | ||||||||||||||
| EVP-CofC Advancement, Foundation CEO | $43,750 | $182,473 | $7,500 | $0 | $7,350 | $16,815 | $0 | $0 | $0 | $0 | $58,600 | $199,288 | $0 | $0 |
| Mr Andrew Hsu | ||||||||||||||
| President, CofC | $228,086 | $159,731 | $25,000 | $0 | $21,600 | $82,395 | $0 | $0 | $0 | $0 | $274,686 | $242,126 | $0 | $0 |
| Ms Suzanne Austin | ||||||||||||||
| Provost, CofC | $100,000 | $208,841 | $0 | $0 | $0 | $53,346 | $0 | $0 | $0 | $0 | $100,000 | $262,187 | $0 | $0 |
| Paul Schwager | ||||||||||||||
| Business School Dean | $30,000 | $250,856 | $0 | $0 | $0 | $24,982 | $0 | $0 | $0 | $0 | $30,000 | $275,838 | $0 | $0 |
| Patrick Kelsey | ||||||||||||||
| Basketball Coach | $375,000 | $742,220 | $0 | $0 | $0 | $29,700 | $0 | $0 | $0 | $0 | $375,000 | $771,920 | $0 | $0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $990,550 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1,289,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 42 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,792,061 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,510 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4a | The College of Charleston Foundation has been dedicated to supporting the activities and goals of the College for more than 50 years. In doing so, the fiscal year ending June 30, 2024 garnered approximately $26.9 million in total commitments. Several points of pride emerge from the Foundation's FY24 accomplishments: * A total of 8,927 donors supported the College, with 3,699 of those donors being new donors * $10.4 million in cash, stock and in-kind receipts * 42 new restricted funds and 28 new endowment funds were created * $4.1 million secured in estate intentions, a 63% increase over FY23 * Friends of the College donors led the constituencies in new commitments with $9.8 million * Alumni donors were second only to Friends of the College among constituencies, with more than $4.9 million in commitments * Corporations and Foundations were the third most generous constituency with $4.1 million in commitments * Approximately 1,110 students received more than 1,450 scholarships funded through philanthropy from more than $4.4 million made available in scholarships and awards The fourth annual CofC Day took place March 13th, 2024, and was another success, raising a total of $776,876 in total commitments from 2,161 donors. CofC Day is not only a successful fundraising drive but is also a way to instill pride and spirit in the hearts and minds of alumni, parents, friends, faculty/staff and students. |
| Form 990, Part III, Line 4b | The stories of inspiration and motivation that take place behind the figures showcase how giving impacts the College of Charleston campus. The following are examples of the commitments that sustain the College's efforts to provide excellence in education: Scholarships/Awards * A donor committed $1.5 million dollars from their estate to support the John and Kay Wallace '82 Endowed Scholarship. * A donor committed $482,292 from their estate for the Rene and Hilda Debacker Endowed Scholarship. * A donor pledged $401,187.36 from their estate to support the College of Charleston General Scholarship Endowment. Libraries * A donor gave an in-kind gift of artwork valued at $1.29 million. * A donor gave an in-kind gift of a Charles Hamilton Smith (776-1859) collection of 38 watercolors, valued at $634,500. * A donor gave an in-kind gift of several paintings, valued at $195,000. * A donor gave an in-kind gift of thirty-three hand-colored lithographs extracted from the publication of the 1st Royal Octavo Edition of Birds of America (ca. 1839 - 1844), valued at $152,650. School of the Arts * A donor committed $346,571.43 from their estate to support the John Covington & Robert Lukey Performing Arts Endowed Scholarship. * A donor pledged $130,000 to support the Jake McGuire Savage "Jake's Music" Endowed Scholarship. * A donor gave a gift of $74,983.16 to support the Frances Grimball Gaud Professor of Art. School of Languages, Cultures, and World Affairs * A donor committed $346,571.43 from their estate to support the John Covington & Robert Lukey Endowed Scholarship for Study Abroad. * A donor gave a gift of $82,000 to support the Jewish Student Life Program Fund. Athletics * A donor committed $818,422.21 from their estate to support the Charlotte Buist Dickson Athletic Scholarship. * A donor pledged $369,092.37 from their estate to support the Bob & Charlotte Dickson Tennis Scholarship. * A donor pledged $120,000 to support the Men's Basketball Competitive Excellence Fund. Multidisciplinary Programs * A donor gave $199,660 to support the Center for Public Choice and Market Process. * A donor committed $140,000 from their estate to establish the Dmitar Denny Ciganovic Memorial FUNd, which supports staff wellness and activities on campus. Honors College * A donor pledged $750,000 to establish the Guffey Family Foundation Endowed Scholarship, which will support students in the Honors College. School of Natural and Environmental Sciences & School of Engineering, Computing and Mathematics * A donor pledged $1.79 million dollars to establish the Zucker Family Engineering Scholars Endowed Program. * A donor pledged $346,571 from their estate to support the John L. Covington, Jr. & Robert J. Lukey Endowed Scholarship for Science and Math. * A donor established a $100,000 pledge towards the Dean's Excellence Fund. School of Business * A donor pledged $1.1 million to establish the Buono Endowed Professorship in Commercial Real Estate. * A donor pledged $150,000 to support the Beemok Hospitality Collection Scholarship. * A donor committed $75,000 to establish the Nassetta Hospitality and Tourism Faculty Fellowship. School of Humanities and Social Sciences * A donor pledged $120,000 to support the Civil Discourse Initiative Fund. * A donor pledged $100,000 to support the Women's and Gender Studies Program. School of Education * A donor pledged $300,000 to establish the Mark and Judy Buono Endowed Scholarship to support students with a declared major in the School of Education. * A donor committed $50,000 from their estate to establish the Ann Gail Dacy and Lillian Edelson Endowed Scholarship to support students with a declared major in the School of Education. School of Health and Human Performance * A donor pledged $2,500 to continue the Dr. Deborah A. Miller Public Health Scholarship. Unrestricted * A donor committed $1.2 million dollars from their estate to support the Alumni Fund. * A donor pledged $500,000 to the CofC Area of Greatest Need Fund to be used for future CofC Day giving challenges. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. THE FULL BOARD WAS PROVIDED A LINK TO ACCESS THE COMPLETE FORM 990, ONLINE, PRIOR TO THE PRESENTATION TO THE MEMBERS OF THE AUDIT COMMITTEE. The Form 990 is filed with the IRS following the board review online. The Audit and Finance Committees members review the form and supporting schedules. Following review by the committees, the chair of the Audit Committee presents a summary review of the 990 to the Board. The Board documents this review in the meeting minutes. |
| Form 990, Part VI, Line 12c Conflict of interest policy | A COPY OF THE CONFLICT OF INTEREST POLICY ALONG WITH A QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO EACH BOARD MEMBER. BOARD MEMBERS COMPLETE THE QUESTIONNAIRES AND RETURN THEM TO THE ORGANIZATION. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The Foundation's employees are hired and paid by the College of Charleston. The Foundation then reimburses the College for portions of the employees' salary costs. The hiring process is monitored by the Human Resources Department of the College of Charleston and is subject to the College's policies and procedures. In recent years when hiring officers and key employees, the College has contracted with an outside executive search firm who assists in locating and interviewing candidates. The Foundation consults with the search firm and uses the firm's experience and expertise in determining compensation packages for these individuals that are comparable to those of similar organizations. Compensation for the top executive, the Executive Director of the Foundation, is approved by the Chair of the Board, prior to hiring. |
| Form 990, Part VI, Line 18 How forms are made available to the public | PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ACCOUNTING OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG AND ON THE FOUNDATION'S WEBSITE. |
| Form 990, Part VI, Line 19 Required documents available to the public | COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICES. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | CHANGE IN VALUE OF SPLIT INTEREST - 2937; CHANGE IN ALLOWANCE OF UNCOLLECTIBLE PROMISES TO GIVE - -5228; CHANGE IN VALUE OF MARINE GENOMICS GRANT - -102006; |
| Form 990, Part XII, Line 2c Change of oversight process or selection process | THERE HAS BEEN NO CHANGE IN THE FOUNDATION'S OVERSIGHT OR SELECTION PROCESSES FROM PRIOR YEARS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|
| BLACKLOCK HOUSE EDUCATIONAL HOLDINGS LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED BY THE COLLEGE OF CHARLESTON FOR PROGRAMS | SC | $82,580 | $344,732 | COLLEGE OF CHARLESTON FOUNDATION |
| BULL AND WENTWORTH STUDENT HOUSING LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED FOR STUDENT HOUSING | SC | $188,943 | $86,802 | COLLEGE OF CHARLESTON FOUNDATION |
| BULL STREET STUDENT HOUSING LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED FOR STUDENT HOUSING | SC | $134,680 | $23,673 | COLLEGE OF CHARLESTON FOUNDATION |
| COMING WENTWORTH AND KING EDUCATIONAL HOLDINGS LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED BY THE COLLEGE OF CHARLESTON FOR PROGRAMS | SC | $129,288 | $92,833 | COLLEGE OF CHARLESTON FOUNDATION |
| STONO PRESERVE EDUCATIONAL HOLDINGS LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED BY THE COLLEGE OF CHARLESTON FOR PROGRAMS | SC | $100,000 | $3,879,732 | COLLEGE OF CHARLESTON FOUNDATION |
| THE COLLEGE OF CHARLESTON FOUNDATION PUBLISHING COMPANY LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | PUBLISHING | SC | $0 | $0 | COLLEGE OF CHARLESTON FOUNDATION |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE OF CHARLESTON | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 GEORGE ST | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29424 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576000265 | EIN |
| Primary Activities | HIGHER EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 2 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| College of Charleston | |
| E | $1,635,924 |
| College of Charleston | |
| J | $695,491 |
| College of Charleston | |
| O | $2,401,428 |
| College of Charleston | |
| P | $3,014,449 |
| College of Charleston Alumni Association | |
| B | $150,000 |
| Charleston Athletic Fund | |
| P | $178,861 |
| College of Charleston | |
| R | $4,371,535 |