2023-04-17T13:50:13-05:00 2022-05-31 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 105 Lawrenceville GA 30043 990 2021-06-01 570474291 Charleston Southern University CHAR 8438638000 PO Box 118087 Charleston SC 294238087 Robert L Blackmon VP of Business Affairs & Fin. 8438638000 2023-04-17 1 Robert Blackmon 999009999 Daren Daiga P01074795 5055022746 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Dr Dondi E Costin PO Box 118087 Charleston SC 294238087 118059814 0 X www.csuniv.edu X 1960 SC The University's mission is to promote academic excellence in a Christian environment. 25 25 1286 46 0 0 11132822 20202416 89240163 96669728 1565383 1153861 11969 14494 101950337 118040499 35101005 41240708 0 0 33251359 34315769 192743 150000 1936229 30639858 38163285 99184965 113869762 2765372 4170737 197352636 197723286 66908985 60133957 130443651 137589329 X Charleston Southern University (CSU) is a private, four-year co-educational institution organized under the laws of the state of South Carolina in 1964 as a non-profit organization and sponsored by the South Carolina Baptist Convention. (continued on Schedule O) (Continued from Part III, line 1) The University's mission is to promote academic excellence in a Christian environment. 0 0 67992777 41240708 78460666 Instruction: For the fiscal year 2021 - 2022, enrollment was 3,433 undergraduate and graduate students completing traditional, online, and hybrid courses. 776 degrees were conferred during the year, and the total number of full-time professors was 202 including deans and administrative appointees. We offered 64 undergraduate degrees and 28 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 just completed submission of the 5-year interim report and received full approval with no findings. Our next SACSCOC review is a full 10-year review in 2026-27. CSU offers more than 800 courses, and approximately 400 are normally available online throughout the academic year. We experienced an excellent return of full-time students, although we maintained our online College of Adult and Professional Studies and increased course and program offerings for non-traditional students. We have been offering online bachelor's degree programs since 2009. We are also in the process of converting some 500 courses to Blackboard Ultra, the latest and most sophisticated learning management system available to our 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 at No. 22 nationally. Overall, Charleston Southern is ranked No. 39 nationally for Best Online Bachelor's Programs. Our programs also ranked in the Best category include: Online Bachelor's Programs in Business, the Best Online MBA Programs, and the Best Online Master's Business Degree Programs (excluding MBA).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, 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. While we forecasted 12 - 15 students, 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 received affirmation of preliminary accreditation, and the first cohort of 48 doctoral students began classes in May 2022. This is a 2.5-year program including clinical rotations 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 on fellow students. The Physician Assistant Program received accreditation for ten years by the Accreditation Review Commission on Education for the Physician Assistant. Four cohorts of students have earned the MS in Physician Assistant Studies degree. Every graduate has passed the licensing examinations and has obtained employment in the field. 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.Each year the number of both undergraduate and graduate degrees offered increases. The Experiential Learning Initiative (ELI) provides our undergraduate students with opportunities to obtain work experience through an internship program. It is part of our Quality Enhancement Program required by regional accreditation and integrates clinical-based, practicum experience and non-traditional learning opportunities for all undergraduate students. Through the ELI program, CSU has continued to build a network of outside partners in public and private businesses and the students are greatly benefitting from participation in the program, which is now a graduation requirement.We have enhanced the services of our Global Education office by increasing the number of international partnerships with overseas universities. We have also experienced growth in the number of international students attending CSU, many of whom are graduate business students. CSU was once again named a Yellow Ribbon (military-friendly) school. The College of Nursing continues to produce graduates earning a Bachelor of Science in Nursing degrees with high pass rates on the NCLEX and increasing numbers of enrollees in the Accelerated BSN program. The College of Christian Studies initiated agreements with the six seminaries affiliated with the Baptist Convention to offer courses at CSU which would be accepted as transfer credits for students who graduate and pursue an MDiv degree at one of the seminaries. This is a new alliance for CSU and we are excited to offer this opportunity to our students.Academic Technology:Two staff members support Academic Technology for faculty members. Our regular IT infrastructure is managed by Dynamic Campus. The Academic Technology team focuses on providing services for faculty in and out of the classroom. We operate the Faculty Studio, which is a state-of-the-art recording studio available to faculty members who need to record videos for instructional purposes. This professional-grade studio allows faculty to schedule appointments for video recording as well as supports our zoom capabilities. We also have full-time instructional technologist who provides behind-the-scenes support for Blackboard, our online learning system. This office provides training, technical support, course conversion, and troubleshooting for academic issues related to Blackboard, and is spear-heading our latest move to Blackboard Ultra in Spring 2023. These two staff members work with the faculty to support meetings, special events, our fall-faculty kickoff, and various small-group training opportunities. 21615057 3764970 Student services: Enrollment services, and Student Services consisting of Campus Ministries, Career Center, Counseling Services, Recreational Services, Residence Life, Community Service, Student Diversity, and Student ActivitiesCharleston Southern University serves a diverse student body by offering more than 63 undergraduate majors and 27 graduate programs. 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 1,600 new students each year.The Financial Aid office processed more than $86 million of federal, state, and institutional financial aid for more than 3,400 students during the 2021-22 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 ten years. Approximately 300 veterans and their dependents were certified to receive government benefits for the 2021-22 academic year. The Student Life Department is comprised of Campus Security, Campus Ministries, Career Center, Counseling Services, Campus Recreation, Residence Life, Student Diversity, Events and Student Activities. Campus Security provides 24/7 security services for our entire campus. All of our CSU security guards are armed and our contact security personnel are from the largest private security company in the country, Allied-Universal. We have over 200 cameras on campus that are monitored 24/7 and an multimodal early alert system to notify our campus community in case of an emergency.Campus Ministries provides spiritual guidance and support for our campus through a variety of means: weekly Chapel services, weekly student-led worship services called Elevate, small group bible studies, and ministry/missions opportunities.The Career Center helps our students line up their passion with their purpose. We train students in best practices to help them secure careers that are meaningful. A variety of testing, workshops, and career fairs help to connect students with future employers.Counseling Services is available to all students at no extra cost. Students are serviced by two LPC's (one holding a PhD in counseling) and several interns. A new, expanded center opened in the Fall 2020 semester and nearly doubled the size of the previous counseling center location. Campus Recreation provides resources for our campus community to stay physically strong and well balanced. A fitness center, gymnasium, weight room, swimming pool, and intramural sports are offered to our CSU family. A new intramural field complex is being constructed and this state of the art facility should be open in Summer 2022.Residence Life is responsible for assigning rooms and providing services for over 1000 resident students each major semester. We also provide valuable lessons in: conflict mediation, team building, life skills, and service opportunities for students.Student Diversity plays a key role in our campus, especially since our campus has one of the largest minority populations of any private school in the state of S.C. that is not a HBCU. Programing, forums, and cultural celebrations are all a part of this growing and exciting area.Events Department is responsible for helping the university and community secure meeting spaces, catering, and supplies on our beautiful 300+ acre campus. This department also manages our largest indoor venue, the Lightsey Chapel Auditorium.Student Activities keeps things moving on campus! With more than 50 clubs and organizations and many Greek Organizations, Student Activities is always busy. We also have 16 community building, campus-wide events each year that we call the "Sweet 16" that helps to make CSU a unique school!Student Success Center:The CSU Student Success Center offers academic advising, disability services, the Learning Center, the Math Help Center, Student-Athlete Success, the Testing Center, the Writing Center, and coordinates Tutor appointments. Located conveniently in the Student Center, the staff of the Student Success Center focus their attention on students becoming successful in the classroom. We offer tutors for every subject and individual as well as group tutoring sessions. Math and Writing Centers are open in the evenings for easy access, and the Testing Center provides a quiet space for students to take advanced placement tests as well as classroom exams with additional time requirements or special needs. 11389624 13750503 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 summer of 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 3,500-4,000 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. 2248527 693589 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 Zoom 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. 2248527 693589 103245985 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 4873 0 1 1286 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 1 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X Janelle Fox 8438638000 PO Box 118087 Charleston SC 294238087 X Dondi E Costin President 45.00 X 295649 0 88000 Jairy C Hunter Jr President Emeritus 40.00 X 244142 0 36386 James Radebaugh Head Basketball Coach 40.00 X 172919 0 40630 Jeff Barber Athletic Director 40.00 X 149875 0 38955 Jackie Fish VP Academic Affairs 40.00 X 168421 0 19227 Andrea Toader Meier Dean, College of Nursing 40.00 X 170576 0 17628 Autry Denson Head Football Coach 40.00 X 142833 0 36095 Robert L Blackmon VP of Business Affairs & Finance 40.00 X 150759 0 18144 David Baggs VP for Development 40.00 X 136421 0 16544 Jacob Thorpe Director, PT Program 40.00 X 139449 0 6658 Michael Bryant VP Strategic Planning 40.00 X 74638 0 56575 Tom Clemmons Interim VP Enrollment (part year) 40.00 X 62129 0 72431 Clark Carter VP Student Life/Dean of Students 40.00 X 51702 0 48152 Anthony Turner VP Enrollment/Marketing 40.00 X 57703 0 12919 Judy Hetz Vice Chairman (part year), Chairman 1.00 X X 0 0 0 Dr Ken Evans Chairman (part year) 1.00 X X 0 0 0 Ron Brantley Vice Chairman 1.00 X X 0 0 0 Larry Driggers Secretary 1.00 X X 0 0 0 Ryan Ashley Trustee 1.00 X 0 0 0 Frank Bullard Trustee 1.00 X 0 0 0 James Davis Trustee 1.00 X 0 0 0 Linda Fick Trustee 1.00 X 0 0 0 Chad Rickenbaker Trustee 1.00 X 0 0 0 Gloria Thiem Trustee 1.00 X 0 0 0 Tim Whitfield Trustee 1.00 X 0 0 0 Jeff Wildes Trustee 1.00 X 0 0 0 Missie Branch Trustee 1.00 X 0 0 0 Phil Byrd Trustee 1.00 X 0 0 0 Valerie Rumbough Trustee 1.00 X 0 0 0 Mark Hood Trustee 1.00 X 0 0 0 DJ Horton Trustee 1.00 X 0 0 0 James Merritt Trustee 1.00 X 0 0 0 Rev Robbie Baxley Trustee 1.00 X 0 0 0 Bill Carpenter Trustee 1.00 X 0 0 0 Randy Eller Trustee 1.00 X 0 0 0 Dean Murphy III Trustee 1.00 X 0 0 0 Rev Alex Sands Trustee 1.00 X 0 0 0 Jerry Williams Trustee 1.00 X 0 0 0 Willian Renfrow Trustee 1.00 X 0 0 0 Adam Robertson Trustee 1.00 X 0 0 0 Bucky Drake Trustee (part year) 1.00 X 0 0 0 Julia Martin Trustee (part year) 1.00 X 0 0 0 Dr Johnny Ward Trustee (part year) 1.00 X 0 0 0 2017216 0 508344 24 0 1 0 Aramark Food Services P O Box 978839 Dallas TX 753978839 Food Services 3792344 Trident Construction Co Inc 2245 Technical Parkway Charleston SC 29419 Construction 2529618 Slingshot LP 1500 S Western Ave Marion IN 46953 Bookstore Services 2464348 Dynamic Campus Solutions Inc 2806 Flintrock Trace Ste A205 Austin TX 78738 Technology Services 1155212 HES Facilities 211 S Jefferson Ave St Louis MO 63103 Cleaning Services 800361 17 12050 1302326 10258431 8629609 1134486 20202416 Tuition and Fees 611710 78460666 78460666 Auxiliary Services 611710 13750503 13750503 Student Services 611710 3764970 3764970 Int on Student Loans 611710 693589 693589 96669728 526550 526550 17449 17449 12000 13236 -1236 -1236 -1236 627311 0 627311 627311 627311 4360 12050 6079 -1719 -1719 118040499 96669728 0 1168355 41240708 41240708 1621372 744839 720022 156511 75577 75577 26976019 25162947 1026744 786328 959543 898720 33185 27638 2765591 2647505 65882 52204 1917667 1770089 98128 49450 81069 81069 74855 74855 150000 150000 164941 164941 183206 102783 63967 16456 826945 81987 652671 92287 989828 875903 84150 29775 2778658 1833914 722451 222293 2698054 2585276 85798 26980 2107529 2024229 23162 60138 1611356 1525357 85999 5037088 4824314 210641 2133 1349160 906659 439307 3194 Other operating expense 10851513 8540693 2064527 246293 Food Service 3421159 3421159 Bookstore 2064806 2064806 Equipment 1884638 1884638 2038480 1918520 105411 14549 113869762 103245985 8687548 1936229 10584492 3045791 40308191 48823905 3515141 2545068 3294521 2890814 283852 847396 166144221 67073030 100173704 99071191 28138213 28636264 497190 2176182 2361212 1248235 8196120 8438440 197352636 197723286 5858895 5672453 2666275 2371449 50195610 48215737 1086414 1290535 7101791 2583783 66908985 60133957 X 103390003 107417285 27053648 30172044 130443651 137589329 197352636 197723286 X 4170737 -1550271 4525212 X 0 1 X 1 1 1 X 5373565 4219071 6208564 11132822 20202416 47136438 5373565 4219071 6208564 11132822 20202416 47136438 789955 46346483 624896 801661 1023622 424119 555999 3430297 6152 6152 50572887 451476282 0.91640 0.90170 X Schedule A, Part II, Line 10, Explanation of Other Income: Gain - Asset Abatement - 2017 Amount: $ 6,152. 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 24414629 2534100 -544807 559847 25844075 20142676 505296 4938457 1171800 24414629 19391285 565276 989673 803558 20142676 19630648 276381 139105 654849 19391285 18162992 1335112 843403 710859 19630648 0.09385 0.90615 0 1 1 146500 146500 128743026 47299404 81443622 23394960 9753583 13641377 8749476 7061856 1687620 5110259 2958187 2152072 99071191 US Government Loan Funds Refundable 1350199 Other Liabilities 1233584 2583783 Part V, Line 4: Funds are invested with earnings to be used for student scholarships and other academic purposes. 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 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 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. Line 2 - Statement of Policy in Written Communications: The organization is in the process of including a statement of its racially nondiscriminatory policy toward students in all its brochures, catalogues, and other written communications with the public. This question will be answered "yes" on the 5/31/2023 tax return. Europe (Including Iceland & Greenland) 0 0 Program Services International recruiters 8113 North America 0 0 Program Services International recruiters 4178 South Asia 0 0 Program Services International recruiters 3719 0 0 0 0 0 0 16010 0 16010 0 0 0 0 0 0 Part I, line 3: The organization tracked expenditures in accordance with accrual basis of accounting. Part III Accounting Method: X X X X X X X 1 Winkler Group 1036 eWall Street Mount Pleasant SC 29464 Limitless campaign planning study 0 0 150000 -150000 150000 -150000 SC President's Cup Golf Tournament 16410 12050 4360 6079 16410 12050 4360 6079 6079 -1719 Schedule G, Part I, Line 2b, column (iv): The professional fundraising services were consulting in nature, no gross receipts were directly generated from the services provided. 1 Student Scholarships 2611 36599800 HEERF grants 1509 4640908 Part I, Line 2: 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 1 1 X X X X 0 1 0 0 0 0 0 0 0 Dondi E Costin President 264359 0 0 0 31290 0 34000 0 54474 0 384123 0 0 0 Jairy C Hunter Jr President Emeritus 163289 0 0 0 80853 0 6750 0 29933 0 280825 0 0 0 James Radebaugh Head Basketball Coach 171602 0 0 0 1317 0 8970 0 32100 0 213989 0 0 0 Jeff Barber Athletic Director 142527 0 0 0 7348 0 7500 0 31859 0 189234 0 0 0 Jackie Fish VP Academic Affairs 165706 0 0 0 2715 0 8148 0 11498 0 188067 0 0 0 Andrea Toader Meier Dean, College of Nursing 162078 0 0 0 8498 0 6951 0 11067 0 188594 0 0 0 Autry Denson Head Football Coach 142758 0 0 0 75 0 7500 0 28999 0 179332 0 0 0 Robert L Blackmon VP of Business Affairs & Finance 148998 0 0 0 1761 0 7467 0 11070 0 169296 0 0 0 David Baggs VP for Development 136166 0 0 0 255 0 6822 0 10104 0 153347 0 0 0 Part I, Line 1a 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. 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. 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. 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. 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. All perquisites indicated above have been instituted by the governing board of the University. Part I, Line 4b 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. A Educational Facilities Authority for Private Nonprofit Institutions 576000286 000000000 2017-02-03 11000000 New construction and equipment for new building, paying cap interest, etc. 0 0 0 B Educational Facilities Authority for Private Nonprofit Institutions 576000286 000000000 2017-12-19 44000000 Refunding of 7/9/2003 bond and new construction and equipment 0 0 0 A 1495233 11000000 191454 10808546 2017 0 0 1 1 B 2668725 44000000 186430 30721837 13091733 2019 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 1 1 0 0.03600 0.03600 0 0 1 A 0 0 0 1 1 1 Branch Banking & Trust Company 10.000000000000 1 0 0 0 1 B 0 0 0 1 1 1 Branch Banking & Trust Company 15.000000000000 1 0 0 0 1 A 1 B 1 Date Rebate Computation Performed Issuer Name: Educational Facilities Authority for Private Nonprofit Institu Date the Rebate Computation was Performed: 02/03/2022 Issuer Name: Educational Facilities Authority for Private Nonprofit Institu Date the Rebate Computation was Performed: 12/01/2022 Kimberly Baggs Family member of David Baggs, Officer 75577 Employee Compensation 0 X 4 1099869 Selling Price X Misc items 4 34617 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1a 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 excercised 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, Section A, line 4 The bylaws were amended to update the titles and responsibilities of the officers and the process by which they are appointed. Form 990, Part VI, Section A, line 7a 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, Section A, line 7b The Messengers to the South Carolina Baptist Convention must approve all changes or amendments to the University's charter. Form 990, Part VI, Section B, line 11b 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, Section B, line 12c 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, Section B, line 15 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, Section C, line 19 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 1: 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: Gain on Beneficial Interest in Perpetual Trust 22,157. Unrealized Gain on Interest Rate Swap 4,503,055. South Carolina Baptist Convention 190 Stoneridge Drive Columbia SC 29210 570360087 Association of Southern Baptist Churches SC 501(c)(3) Line 1 N/A 0 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) Line 1 South Carolina Baptist Convention 0 Charleston Interstate Development Corporation 9280 University Boulevard Charleston SC 29406 201990558 Real estate SC Charleston Southern University C 2736776 5653398 1.00000 1 Charitable remainder unitrusts (2) Hold assets and remit income to the university SC Charleston Southern University 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 Charleston Interstate Development Corp D 5646289 Fair market value