2025-05-15T09:01:28+00:00 2024-06-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-07-01 570314408 Presbyterian College PRES 8648338477 503 S Broad St Clinton SC 29325 Daniel Hall VP of Finance & Administration 8648338477 2025-05-15 true true Daren Daiga P01074795 5055022746 2025-05-15 2023 2025-03-06 01:10:19Z Anita Gustafson 503 S Broad St Clinton SC 29325 76167478 false X www.presby.edu X 1903 SC AT PRESBYTERIAN COLLEGE, OUR PHILOSOPHY IS: OFFER A RIGOROUS EDUCATION WITH A BUILTIN SUPPORT NETWORK. PROFESSORS, STUDENTS, ADMINISTRATORS WE ALL WORK TOGETHER TO HELP EACH OTHER SUCCEED. WE WANT OUR STUDENTS TO BE ADVENTUROUS AND SUCCESSFUL; COMPETITIVE AND COMPASSIONATE. WE WORK AS A COMMUNITY, INSPIRING OUR STUDENTS TO LEARN, AND TO VALUE SERVICE ALONG THE WAY. 27 27 719 250 0 0 6004242 4754153 58697182 59065367 2462312 3925538 171369 125397 67335105 67870455 25635352 27694155 0 0 24424629 21515305 0 0 1162763 26659028 26326370 76719009 75535830 -9383904 -7665375 174616975 172485734 16969021 15943719 157647954 156542015 The compelling purpose of presbyterian college, as a church-related college, is to develop within the framework of Christian faith the mental, physical, moral, and spiritual capacities of each student in preparation for a lifetime of personal and vocational fulfillment and (continued on Schedule O) false false 67662959 27694155 59065367 Presbyterian College is a private, residential, four-year liberal arts college. With small classes and faculty who want the best for students, our supportive community provides more than an exceptional liberal arts education. Presbyterian College empowers students to be servant leaders in their communities through challenging academics and a culture of honor and ethics. Presbyterian College has a Graduate School of Health Sciences which includes school of Pharmacy, Physician Assistant Program, and an Occupational Therapy Doctoral Program. Each professional program is designed to improve the health of South Carolinians and society in general by developing students with an unwavering ethical foundation who will positively impact the delivery of quality, equitable care; who will dedicate their lives to community service; and who will provide leadership in addressing the health care needs of diverse patient population. 67662959 true true false true false false true false true true true false false true false false true true false true false false false true false false false true true false false false false false false false false true false false false false true true true false false true X 1337 0 true 719 true false true EI CJ false false false true true false false false false false false X 27 27 false false false false false false false true true false false false true true true true true true true false SC X Elizabeth Shull 8648338477 503 S Broad St Clinton SC 29325 EG Lassiter Board Vice Chair 1.5 X X 0 0 0 Louise Slater Board Secretary 1.5 X X 0 0 0 Ruth Roper Board Chair 1.5 X X 0 0 0 Ann Taylor Morgan Trustee 1.5 X 0 0 0 Brad Bryant Trustee 1.5 X 0 0 0 Brad Spearman Trustee 1.0 0.5 X 0 0 0 Chad Prashad Trustee 1.5 X 0 0 0 Danny Murphy Trustee 1.5 X 0 0 0 Gregg Frierson Trustee 1.5 X 0 0 0 Hartwell Dew Trustee 1.5 X 0 0 0 Holbrook Raynal Trustee 1.0 0.5 X 0 0 0 Jeri Parris-Perkins Trustee 1.5 X 0 0 0 Jill Moylan Trustee (Part Year) 1.0 0.5 X 0 0 0 Jimmy Sain Trustee 1.5 X 0 0 0 John Brearley Trustee 1.5 X 0 0 0 John Inman Trustee 1.0 0.5 X 0 0 0 John Jeselnik Trustee 1.0 0.5 X 0 0 0 Lumus Byrd Trustee 1.5 X 0 0 0 Michael Nicholson Trustee 1.5 X 0 0 0 Nathan Senn Trustee 1.5 X 0 0 0 Robin Boren Trustee 1.5 X 0 0 0 Stan Reid Trustee 1.0 0.5 X 0 0 0 Steve Smith Trustee 1.5 X 0 0 0 Ted Pitts Trustee 1.5 X 0 0 0 Tom Free Trustee 1.5 X 0 0 0 Wes Nalley Trustee 1.0 0.5 X 0 0 0 Whitney Harrison Trustee 1.5 X 0 0 0 Will Kuhne Trustee (Part Year) 1.5 X 0 0 0 Willie Cooper Trustee 1.5 X 0 0 0 Anita Gustafson President 37.5 X 109139 0 17376 Brandon Vinson VP - Enrollment Management 37.5 X 0 0 0 Buz Wilcoxon Chaplain & Dean of Spiritual Life 37.5 X 81846 0 77575 Dana Simmons Chief Marketing Officer 37.5 X 102374 0 17564 Daniel Hall Interim VP - Finance & Administration 37.5 X 0 0 0 Dee Nichols Athletic Director 37.5 X 94364 0 24112 Drew Peterson Dean of Students 37.5 X 93703 0 18765 Francis Schodowski VP - Advancement 37.5 X 134870 0 28244 Kerry Pannell Provost & VP - Academic Affairs 37.5 X 186816 0 12370 Leni Patterson Executive Director of Strategic Initiatives 37.5 X 108753 0 20275 Rob Acunto Athletic Director (Part Year) 37.5 X 99228 0 16833 Selena Blair VP - Justice, Equity, Diversity, & Inclusion 37.5 X 93265 0 17904 Amanda Stevenson-Cali Program Director - Physician Assistant Program 37.5 X 128556 0 34853 Cindy Erb Interim Program Director - Occupational Therapy Doctoral Program (Part Year) 37.5 X 131283 0 12840 Giuseppe Gumina Dean - School of Pharmacy 37.5 X 147277 0 18913 Kayce Shealy Associate Dean for Academic Affairs - Pharmacy School 37.5 X 156464 0 28484 Steve Englehart Head Football Coach 37.5 X 130682 0 11764 Matthew Vandenberg Former President 0.0 0.0 X 167037 0 32422 1965657 0 390294 29 true true false Langston Construction Company PO Box 560 Piedmont SC 29673 construction 4572472 The Budd Group PO Box 890856 Charlotte NC 28289 janitorial, landscaping 1281156 3 Enrollment Marketing 352 Main St Oneonta NY 13820 marketing 376170 Cannon Roofing PO Box 3030 Spartanburg SC 29304 repairs, construction 223716 Scott's Climate Control 115 Reynolds Park Dr Greenwood SC 29646 mechanical/electrical/plumbing repairs 184802 10 367284 230486 4156383 1243618 4754153 Tuition and Fees 611310 47006155 47006155 Room and Board 611310 9640218 9640218 Athletic Revenue 611310 1211400 1211400 Summer Conferences 611310 327020 327020 Spirit Store Sales 451211 147762 147762 732812 732812 0 0 59065367 2103098 2103098 87819 2417 85402 0 85402 85402 7200391 2897655 4778721 3496885 2421670 -599230 1822440 1822440 58995 19000 39995 39995 0 0 0 0 0 67870455 59065367 0 4050935 27694155 27694155 1548020 1310711 176777 60532 16258751 14004219 1608260 646272 84531 56375 25522 2634 2330947 1554536 703779 72632 1293056 862354 390410 40292 74975 74975 214103 214103 409694 409694 2198978 1800800 310701 87477 180081 130339 43411 6331 2144639 1877360 221814 45465 792340 309749 435428 47163 7659754 6533129 1111977 14648 2300468 2276391 12390 11687 194998 194998 2574558 2115915 457779 864 908999 840736 62823 5440 Membership & Dues 394087 313032 74394 6661 Repairs & Maintenance 594100 526319 66643 1138 Dining Hall & Food Charges 4321749 4229585 16891 75273 1362847 1032256 292337 38254 75535830 67662959 6710108 1162763 2202416 1248004 9814652 5762962 7762348 5995487 1510203 1407363 0 0 40005 37775 589416 422944 80959973 42344278 41206289 38615695 79775685 75564606 20836836 37383375 358851 242920 10520274 5804603 174616975 172485734 4833289 4695213 1812939 1959997 0 5858349 6056361 4464444 3232148 16969021 15943719 X 39441648 35667359 118206306 120874656 157647954 156542015 174616975 172485734 X -7665375 6163463 395973 X false true X true true true X 8392604 13228536 20217108 6004242 4754153 52596643 0 0 8392604 13228536 20217108 6004242 4754153 52596643 3113076 49483567 2663269 3094240 2755981 2301709 2190917 13006116 39995 39995 418 -4917 -16708 0 0 -21207 65621547 298116144 0.7541 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 418.0, COLUMN B - -4917.0, COLUMN C - -16708.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - -21207.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false true 0 false false true 0 true 0 false 0 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY Presbyterian College, as a member of the South Carolina Independent Colleges and Universities (SCICU) and in conjunction with the South Carolina Higher Education Tuition Grants Commission, participates in the Tuition Grants Awareness program sponsored by these two organizations. Students of the College take part in an annual writing campaign, sharing with their respective state legislators the benefits that tuition grants have afforded the students. These letters precede the South Carolina Independent College and University Day proclaimed each spring by the Governor. On this day, several Presbyterian College students visit the state house as guests along with other students from SCICU member institutions. A reception sponsored by SCICU affords the students an opportunity to meet their legislators, and they are recognized as special guests in both the house and senate chambers. 3783448 X X X false 102653662 2061547 10131539 4655474 2148401 396516 107646357 98278529 1121812 9874298 4035610 2217703 367664 102653662 110849891 5775519 -12794870 3597875 1629083 325053 98278529 88099610 3695653 24506162 5451534 0 0 110849891 91533423 1009026 1235457 5256421 0 421875 88099610 0.0461 0.9539 0.0 false false 5459365 5459365 55152958 29252372 25900586 15301030 9399765 5901265 5046620 3692141 1354479 38615695 Fixed Income Funds 18232103 F Alternative Investments 13037427 F Beneficial Interest in Trusts Held by Others 6113845 F 37383375 Advances from Federal Government 86902 Other Liabilities 3145246 3232148 Schedule D, Part III, Line 4 Collections of art - description of collections The College's collections are made up of artifacts of historical significance and art objects. These collections are held for public exhibition, education, research, and preservation. Schedule D, Part V, Line 4 Intended uses of endowment funds The College's endowment consists of approximately 775 individual funds established for a variety of purposes including scholarships and support of academic and sports programs. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Presbyterian College students may receive Title IV Aid, Federal Loans, and/or SC Tuition Grant assistance, and other state scholarships, including LIFE, HOPE, and Palmetto Fellows. Europe (Including Iceland and Greenland) 0 0 Investments 1778648 Central America and the Caribbean 0 0 Investments 8767750 South America 0 0 Program Services Study Abroad Trip 56008 0 0 0 0 0 0 10602406 0 10602406 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual Golf Tournament 58995 0 58995 600 7815 4866 1339 4380 0 0 58995 0 58995 600 7815 4866 1339 4380 19000 39995 true Scholarships 908 27694155 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Presbyterian College awards scholarships, grants, and loans to its students. The procedures for monitoring the use of the funds are part of the financial aid guidelines and they are utilized to determine the qualifications of the recipient. The guidelines are published in the Presbyterian College Academic Catalog and comply with the eligibility requirements published by the US Department of Education and the SC Department of Revenue. Compliance audits are also completed annually by an independent accounting firm. The grants and scholarships awarded are applied directly to the student accounts. X true true X X false false false false false false false false false Matthew Vandenberg Former President 166947 0 0 0 90 0 7290 0 25132 0 199459 0 0 0 Buz Wilcoxon Chaplain & Dean of Spiritual Life 81810 0 0 0 36 0 0 0 77575 0 159421 0 0 0 Francis Schodowski VP - Advancement 134699 0 0 0 171 0 2610 0 25634 0 163114 0 0 0 Kerry Pannell Provost & VP - Academic Affairs 185723 0 0 0 1093 0 3650 0 8720 0 199186 0 0 0 Amanda Stevenson-Cali Program Director - Physician Assistant Program 128445 0 0 0 111 0 5470 0 29383 0 163409 0 0 0 Giuseppe Gumina Dean - School of Pharmacy 147018 0 0 0 259 0 4460 0 14453 0 166190 0 0 0 Kayce Shealy Associate Dean for Academic Affairs - Pharmacy School 156334 0 0 0 130 0 6365 0 22119 0 184948 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use As a condition of employment, and as a convenience to the College, the President is provided a home on College grounds to host business functions for the College. The home is provided as a nontaxable benefit to the President. Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. Buz Wilcoxon met the qualifications for and received a ministerial housing allowance during the tax year. X 869 Cost X 4 200749 Market value X 4 1012000 Selling cost X Piano 1 30000 Opinions of experts 1 false true false Schedule M, Part I The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part III, Line 1 (continued from Part III) responsible contribution to our democratic society and the world community. These goals guide the college in its attempt to fulfill its mission: -to help students gain a basic knowledge of humanities, natural sciences, and social sciences; a special competence in one or more particular areas of study; and an ability to see these studies as part of the larger search for truth - to develop in students the ability to think clearly and independently, to make critical judgements, and to communicate effectively in both speech and writing to foster in students an aesthetic appreciation of the arts and literature - to acquaint students with the teachings and values of the Christian faith - to help students develop moral and ethical commitments, including service to others - to help students attain a sense of dignity, self-worth, and appreciation of other persons of diverse backgrounds - to encourage in students an appreciation for teamwork and for physical fitness and athletic skills that will contribute to lifelong health - to foster in students an appreciation of, and concern for, the environment and natural resources. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management and the audit committee. The finalized Form 990 is provided to the board of directors upon filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The College President and the Vice President of Finance and Administration are responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The President's compensation is determined by the Compensation Committee of the Board of Trustees after reviewing end of the year evaluations. The decisions are then sent to the Administrative Commitee. Salary is compared with CUPA data for a comparison set of schools. The deliberation and decision processes are documented in committee meeting minutes and HR files. Form 990, Part VI, Line 15b Process to establish compensation of other employees Officer salaries are determined by the College President based on mid-year and end of year evaluations of satisfactory achievement of goals and objectives. CUPA data for a comparison group of schools for similar positions is also considered. The deliberation and decision are documented in HR files. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Program Revenues - Total Revenue: 732812, Related or Exempt Function Revenue: 732812, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of trusts held by others - 395973; Presbyterian College Foundation 503 S Broad Street Clinton SC 29325 571021640 Support SC 501(c)(3) Type II Presbyterian College true Presbyterian Real Estate Foundation 503 S Broad Street Clinton SC 29325 571021641 Real Estate Holding Company SC 501(c)(3) Type I Presbyterian College true Charitable Remainder Trust (1) Trust SC Presbyterian College true false false true false false false false false false false true false false true true false false false false Presbyterian Real Estate Foundation C 367284 Cost Presbyterian Real Estate Foundation K 2443200 Cost