2022-05-11T07:24:30-05:00 2021-06-30 BDO USA LLP 1100 Peachtree Street Suite 700 ATLANTA GA 303094516 990 2020-07-01 570967350 South Carolina Research Foundation % KELLY EPTING CFO SOUT 8037778411 915 BULL ST OSBORNE ADMIN BLDG 202 Columbia SC 29208 Kelly Epting CFO 8037777094 2022-05-05 true Kelly Epting 999009999 Sandra L Feinsmith P01064157 4046886841 2022-05-05 3 2020 2022-09-23 18:48:47Z Gamecock iHub Kester S Freeman Exec Dir 915 BULL STREET SUITE 202 Columbia SC 29208 143401410 false X SEE SCHEDULE O X 1991 SC SEE SCHEDULE O 7 5 0 6 0 0 125949 0 167916598 143350288 334000 51122 0 0 168376547 143401410 0 0 0 0 159600 24000 0 0 0 168453536 143432860 168613136 143456860 -236589 -55450 14485016 47441220 14225802 47237456 259214 203764 X SEE SCHEDULE O false false 142694892 0 143350288 THE SOUTH CAROLINA RESEARCH FOUNDATION OPERATES FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF, THE UNIVERSITY OF SOUTH CAROLINA, MEDICAL UNIVERSITY OF SOUTH CAROLINA, CLEMSON UNIVERSITY, PALMETTO HEALTH, GREENVILLE HOSPITAL SYSTEM AND SPARTANBURG REGIONAL HEALTH SYSTEM INCLUDING BUT NOT LIMITED TO PROMOTING, ENCOURAGING, AND AIDING SCIENTIFIC RESEARCH AND INVESTIGATION. 142694892 true false false false false false false false false false false false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false true true false false false true 63 0 true 0 false false false false false false false false false false false false X 7 5 false false false false false true false true false false false false true true true true true false false false SC X KELLY EPTING CFO 8037777094 915 BULL STREET SUITE 208 Columbia SC 29208 X KENNETH DEANS JR DIRECTOR 1.0 39.0 X 0 489424 31445 PRAKASH NAGARKATTI EX OFFICIO 3.0 37.0 X 0 340843 0 JASON CASKEY EX OFFICIO 1.0 39.0 X 0 303728 0 ROBERT CASLEN JR EX OFFICIO 1.0 37.0 X 0 271815 0 WILLIAM TATE EX OFFICIO 1.0 39.0 X 0 173386 0 KELLY EPTING CFO 6.0 40.0 X 0 160187 0 KESTER S FREEMAN CHAIR / Executive Director 3.0 5.0 X X 24000 0 0 BRENDA THAMES SECRETARY 1.0 0.0 X X 0 0 0 DAVID BLACK DIRECTOR 1.0 0.0 X 0 0 0 FRED DELK DIRECTOR 1.0 0.0 X 0 0 0 BOB QUINN DIRECTOR 1.0 0.0 X 0 0 0 THAD WESTBROOK DIRECTOR 1.0 0.0 X 0 0 0 24000 1739383 31445 0 false true false IR-1301 GERVAIS PO BOX 865166 ORLANDO FL 328865166 RENT OF OFFICE SPACE 220209 ROIB 1301 GERVAIS PO BOX 936405 ATLANTA GA 31193 RENT OF OFFICE SPACE 158079 GRAYSON LAW FIRM LLC 1036 LANSING DRIVE SUITE 1010 MOUNT PLEASANT SC 29464 legal services 112206 3 0 REASEARCH CONTRACTS 900099 139674857 139674857 MANAGEMENT FEES 900099 3337546 3337546 OTHER PROGRAM SERVICE REVENUE 900099 337885 337885 143350288 51122 51122 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 143401410 143350288 51122 0 0 0 0 24000 0 24000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 147003 0 147003 0 22891 0 22891 0 44564 0 44564 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40365 0 40365 0 0 0 0 0 0 0 0 0 296021 0 296021 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21489 0 21489 0 RESEARCH AND DEVELOPMENT 142694892 142694892 TECH COMMERCIAL. OFF/ECO ENG 165635 165635 143456860 142694892 761968 0 215900 394021 11923251 31953920 2302514 15069442 0 0 0 0 0 0 0 0 0 0 43351 23837 391406 391406 0 0 0 0 0 0 0 0 0 0 0 0 14485016 47441220 2110098 42238295 0 0 12115704 733160 0 0 0 0 0 0 0 0 0 0 0 4266001 14225802 47237456 X 259214 203764 0 0 259214 203764 14485016 47441220 -55450 X X false true X true true true X X X 1 UNIVERSITY OF SOUTH CAROLINA 576001153 2 true 133632 0 1 133632 0 0.00000 true false false false false true false false false false false false false false false true true true X true true SCHEDULE A, PART IV, SECTION A, LINE 6 THE MISSION OF THE RESEARCH FOUNDATION IS TO SUPPORT OUR MEMBERS IN IMPROVING THE HEALTH OF ALL SOUTH CAROLINIANS BY COLLABORATING ACROSS THE STATE OF SOUTH CAROLINA, REGIONALLY, AND NATIONALLY. GRANT FUNDS WERE PROVIDED TO NON-SUPPORTED ORGANIZATIONS PARTICIPATING IN THE SOUTH CAROLINA SURGICAL QUALITY COLLABORATIVE (SCSQC) AND CAROLINAS COLLABORATIVE. THE RESEARCH FOUNDATION WAS AWARDED FUNDING FROM AN EXTERNAL SOURCE FOR THE SCSQC TO IMPROVE SURGICAL QUALITY SAFETY IN THE STATE. THE COLLABORATIVE HAS PARTNERED WITH SURGICAL LEADERS AT HOSPITALS (SUPPORTED ORGANIZATIONS AND NON-SUPPORTED ORGANIZATIONS) ACROSS THE STATE TO ESTABLISH A CONTINUOUS QUALITY IMPROVEMENT STRUCTURE AND LEARNING HEALTHCARE SYSTEM. EACH PARTICIPATING HOSPITAL RECEIVED FUNDS DURING THE GRANT PERIOD FOR KEY PERSONNEL ALLOCATED TO THE EFFORTS OF THE COLLABORATIVE. THE RESEARCH FOUNDATION WAS AWARDED FUNDING FROM AN EXTERNAL SOURCE FOR THE CAROLINAS COLLABORATIVE FOR THE PURPOSE OF UNITING HEALTHCARE INSTITUTIONS, UNIVERSITIES AND COMMUNITITES ACROSS NORTH CAROLINA AND SOUTH CAROLINA TO ENHANCE THE QUALITY OF HEALTHCARE AND ACCELERATE ADVANCES IN RESEARCH. THE PARTICIPATING INSTITUTIONS RECEIVED FUNDS DURING THE GRANT PERIOD FOR KEY PERSONNEL ALLOCATED TO INFRASTRUCTURE DEVELOPMENT AND RESEARCH INITIATIVES. SCHEDULE A, PART IV, SECTION D, LINE 3 NO INVESTMENTS ARE HELD BY THE ORGANIZATION. A PORTION OF THE ORGANIZATION'S BUDGET SUPPORTS THE ACTIVITIES OF THE SUPPORTED ORGANIZATIONS, AND TO THE EXTENT THAT EXPENDITURES NEEDED TO BE REVISED OR INCREASED TO MAINTAIN THAT SUPPORT, SUCH CHANGES WERE MADE TO THE EXPENDITURES. SCHEDULE A, PART IV, SECTION E, LINE 2A EXCLUDING THE SPECIFIC WORK IN HSSC, SUBSTANTIALLY ALL THE ACTIVITY IN THE SCRF PERTAINED TO SUPPORTING THE UNIVERSITY OF SOUTH CAROLINA RESEARCH MISSION. ALL OF SCRF PROGRAM SERVICES (SPONSORED AWARDS TO SCRF MANAGED AND CONTROLLED BY USC, $26 MILLION) AND 94% OF ITS MANAGEMENT AND GENERAL EXPENSES ($428K) WERE SPECIFIC TO USC SPONSORED PROGRAMS AND TO SUPPORT RESEARCH PERSONNEL AND ACTIVITIES AT USC. THIS CONSTITUTES 99% OF THE SCRF EXPENDITURES AND REVENUE. SCHEDULE A, PART IV, SECTION E, LINE 2B ONE OF THE PRIMARY MISSIONS OF ANY LARGE STATE RESEARCH UNIVERSITY IS TO ENGAGE IN RESEARCH. USC ENGAGES IN RESEARCH DIRECTLY WITH EXTERNAL SPONSORS AND WITH THE SUPPORT OF SCRF. IN SOME CASES, SPONSORS PREFER THE ORGANIZATIONAL FORMATION OF SCRF AND SCRF IS ABLE TO ACCOMMODATE THEM TO THE BENEFIT OF THE EXTERNAL SPONSOR AND USC. 131214 131214 0 172528 172528 0 87664 87664 0 0 0 DUE TO SPONSORED ORGANIZATIONS 4266001 4266001 143401410 143401410 143401410 143456860 143456860 143456860 X true true X false false false false false false false false false KENNETH DEANS JR DIRECTOR 0 411330 0 0 0 78094 0 20815 0 10630 0 520869 0 0 WILLIAM TATE EX OFFICIO 0 173386 0 0 0 0 0 0 0 0 0 173386 0 0 JASON CASKEY EX OFFICIO 0 303728 0 0 0 0 0 0 0 0 0 303728 0 0 PRAKASH NAGARKATTI EX OFFICIO 0 340843 0 0 0 0 0 0 0 0 0 340843 0 0 ROBERT CASLEN JR EX OFFICIO 0 271815 0 0 0 0 0 0 0 0 0 271815 0 0 KELLY EPTING CFO 0 160187 0 0 0 0 0 0 0 0 0 160187 0 0 FORM 990, PAGE 1, LINE J WEBSITE: HTTPS://SC.EDU/ABOUT/OFFICES_AND_DIVISIONS/RESEARCH/ABOUT/SCRF.PHP ORGANIZATION'S MISSION FORM 990, PART I LINE 1 AND PART III LINE 1 THE SOUTH CAROLINA RESEARCH FOUNDATION OPERATES FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF, THE UNIVERSITY OF SOUTH CAROLINA, MEDICAL UNIVERSITY OF SOUTH CAROLINA, CLEMSON UNIVERSITY, PALMETTO HEALTH, GREENVILLE HOSPITAL SYSTEM AND SPARTANBURG REGIONAL HEALTH SYSTEM INCLUDING BUT NOT LIMITED TO PROMOTING, ENCOURAGING, AND AIDING SCIENTIFIC RESEARCH AND INVESTIGATION. FORM 990, PART VI, SECTION A, QUESTION 7A ELECTING MEMBERS OF GOVERNING BODY THE PRESIDENT OF THE UNIVERSITY OF SOUTH CAROLINA APPOINTS AN ACADEMIC DEAN AND A FACULTY MEMBER TO SERVE ON THE BOARD. ADDITIONALLY, THE USC BOARD OF TRUSTEES ALSO ELECTS ONE MEMBER TO SERVE ON THE BOARD. FORM 990, PART VI, SECTION A, QUESTION 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE THAT ACTS ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, QUESTION 11B FORM 990 REVIEW PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY THE FORM 990 IS REVIEWED AND APPROVED BY THE ASSISTANT TREASURER ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, QUESTION 12 ORGANIZATION'S WRITTEN POLICIES THE RESEARCH FOUNDATION IS A FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION TO THE UNIVERSITY OF SOUTH CAROLINA. FOUNDATION POLICIES REGARDING CONFLICTS OF INTEREST, USE OF SOCIAL CLUBS, TRAVEL, WHISTLEBLOWER PROVISIONS, ETC. ARE CONSISTENT WITH THOSE OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, QUESTION 15A PROCESS FOR DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIAL THE FOUNDATION'S BOARD CHAIR ALSO SERVES AS THE EXECUTIVE DIRECTOR. HE IS NOT COMPENSATED AS OR CONSIDERED A FOUNDATION EMPLOYEE. THE FOUNDATION PAYS HIM UNDER A CONTRACTUAL ARRANGEMENT. FORM 990, PART VI, SECTION B, QUESTION 15B PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS/EMPLOYEES THE FOUNDATION DOES NOT HAVE EMPLOYEES OF ITS OWN; ALL EMPLOYEES ARE UNIVERSITY OF SC EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE FOUNDATION'S WEBSITE. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII FINANCIAL STATEMENTS AND REPORTING THE RESEARCH FOUNDATION'S FINANCIALS INCLUDE ACTIVITY FOR HEALTH SCIENCES SOUTH CAROLINA, A SUPPORTED ORGANIZATION OF THE FOUNDATION. HEALTH SCIENCE HEALTH IMPROVEMENT LLC 1320 MAIN STREET SUITE 625 COLUMBIA SC 29201 HEALTHCARE SC 0 0 SCRF UNIVERSITY OF SOUTH CAROLINA 208 OSBORNE ADMIN COLUMBIA SC 29208 576001153 EDUCATION SC 501(C)(3) 06 NA false HEALTH SCIENCES SC 1320 MAIN ST STE 625 COLUMBIA SC 29201 202849804 HEALTHCARE SC 501(c)(3) 10 NA false false false false false false false false false false false false true true true false true false false false REPORTING OF FINANCIAL INFORMATION FORM 990, SCHEDULE R, PART I & II THE RESEARCH FOUNDATION'S FINANCIAL STATEMENTS INCLUDE ACTIVITY FOR THE HEALTH SCIENCES SOUTH CAROLINA, A SUPPORTED ENTITY TO THE FOUNDATION ACCORDING TO THE ORGANIZATION'S BYLAWS.