2018-03-30T11:33:18-05:00 2017-06-30 BDO USA LLP 1100 Peachtree Street Suite 700 ATLANTA GA 303094516 990 2016-07-01 570967350 South Carolina Research Foundation % KELLY EPTING CFO SOUT 8037778411 915 BULL ST OSBORNE ADMIN BLDG 202 Columbia SC 29208 KELLY EPTING CFO 8037777094 2018-03-30 true Sandra L Feinsmith P01064157 4046886841 38.140.171.210 58727420180895000000 2018-03-30 P 0F6B0BFA641E77FE2E9494698E1B6FC54D018930 A55ABAF05F5BF3CE1F6ACB63E024B6C458E45052 2016 2021-01-29 14:40:06Z Itology Kester FreemanExec Director 915 BULL STREETSUITE 202 Columbia SC 29208 81693297 false X http://www.sc.edu/research/scrf.shtml X 1991 SC see schedule o 7 6 0 6 0 1968273 669182 162029735 81007488 3288 13396 0 3231 164001296 81693297 72526 4821 0 0 1023028 1004901 0 0 0 163104853 80834077 164200407 81843799 -199111 -150502 100538152 129741448 99948805 129302603 589347 438845 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. false false 81379369 4821 81007488 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. 81379369 true true false false false false false false false false true false false false false 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 43 0 true 0 false false false false false false false false false false false X 7 6 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 208 OSBORNE ADMIN BLDG Columbia SC 29208 KESTER FREEMAN CHAIR/EXECUTIVE DIRECTOR 3.0 5.0 X X 24000 150000 0 PAULA HARPER BETHEA VICE CHAIR 1.0 0.0 X X 0 0 0 BRENDA THAMES secretary 1.0 0.0 X X 0 0 0 RUSS MEEKINS EX OFFICIO 1.0 39.0 X 0 237452 0 DAVID BLACK DIRECTOR 1.0 0.0 X 0 0 0 honorable HUbert f MOBLEY DIRECTOR 1.0 0.0 X 0 0 0 FRED DELK DIRECTOR 1.0 0.0 X 0 0 0 PRAKASH NAGARKATTI EX OFFICIO 3.0 37.0 X 0 401501 0 HARRIS PASTIDES EX OFFICIO 1.0 37.0 X 0 878831 0 JOAN GABEL EX OFFICIO 1.0 39.0 X 0 428453 0 UMESH DALVI DIRECTOR 1.0 0.0 X 0 0 0 Kelly Epting CFO 10.0 35.0 X 0 170000 0 24000 2266237 0 0 false true false 1301 Gervais LLC 2328 10th Ave N Ste 401 LAKE WORTH FL 33461 Rent of office space 365771 Richard A Larsen 67 Mountain View Rd FAIRFAX VA 94930 Consulting 233629 Centric Consulting LLC 5704 Park Central Ave NORCROSS GA 30092 Consulting 178160 Health Sciences Health Improvement 1760 Adeline Dr MECHANICSBURG PA 17050 Consulting 173675 HPT Sunbelt Portfolio PO Box 101385 ATLANTA GA 303921385 Lease of Space 169617 8 669182 669182 RESEARCH CONTRACTS 900099 77355981 77355981 MANAGEMENT FEES 900099 3480901 3480901 OTHER PROGRAM SERVICE REVENUE 900099 170606 170606 81007488 13396 13396 0 3231 3231 0 0 0 0 0 0 0 0 0 0 0 0 0 0 81693297 81007488 16627 4821 4821 0 0 0 989214 965214 24000 0 15687 15687 0 0 0 434691 302691 132000 31178 28014 3164 52121 2926 49195 0 0 0 0 29295 19703 9592 82228 78815 3413 13092 13092 15106 15106 273796 69576 204220 9866 9866 0 0 0 0 35254 35254 23740 23740 RESEARCH AND DEVELOPMENT 79811910 79811910 MISCELLANEOUS 21800 21800 0 81843799 81379369 464430 0 0 0 90540527 124479344 9810634 5115045 0 0 0 0 0 0 0 0 0 0 52716 48038 391406 292385 134275 99021 0 0 0 0 0 0 0 0 0 0 100538152 129741448 90416332 21531322 0 0 9532473 107771281 0 0 0 0 0 0 0 0 0 0 0 0 99948805 129302603 X 589347 438845 0 0 0 0 589347 438845 100538152 129741448 -150502 X X false true X true true true X X X 1 UNIVERSITY OF SOUTH CAROLINA 576001153 2 true 149379 0 1 149379 true false false false false false false false false false false false false false false true true true X true true 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 SCIMPH and HSSC, substantially all of 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131214 127841 3373 172528 76880 95648 87664 87664 99021 81693297 81693297 81693297 81843799 81843799 81843799 X true true X false false false false false false false false false KESTER FREEMAN CHAIR/EXECUTIVE DIRECTOR 24000 150000 0 0 0 0 0 0 0 0 24000 150000 0 0 RUSS MEEKINS EX OFFICIO 0 237452 0 0 0 0 0 0 0 0 0 237452 0 0 PRAKASH NAGARKATTI EX OFFICIO 0 401501 0 0 0 0 0 0 0 0 0 401501 0 0 HARRIS PASTIDES EX OFFICIO 0 878831 0 0 0 0 0 0 0 0 0 878831 0 0 JOAN GABEL EX OFFICIO 0 428453 0 0 0 0 0 0 0 0 0 428453 0 0 Kelly Epting CFO 170000 0 0 0 0 0 0 170000 0 0 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, THE INSTITUTE FOR MEDICINE AND PUBLIC HEALTH, BOTH SUPPORTED ORGANIZATIONS OF THE FOUNDATION, AS WELL AS ITOLOGY (FORMERLY KNOWN AS CONSORTIUM FOR ENTERPRISE SYSTEMS MANAGEMENT DUE TO MAY 2014 NAME CHANGE), A DISREGARDED ENTITY. Effective December 2, 2016, IToLogy separated from South Carolina Research Foundation. ITOLOGY 202 OSBORNE ADMINistration bldg columbia SC 29208 570967350 it education SC 302263 0 SCRF Health Sciences Health Improvement LLC 1320 Main Street Suite 625 Columbia SC 29201 202849804 HEALTHCARE SC 0 0 SCRF university of south carolina 208 osborne admin columbia SC 29208 576001153 education SC 501(C)(3) 6 NA false HEALTH SCIENCES SOUTH CAROLINA 1320 MAIN STREET COLUMBIA SC 29201 202849804 support org SC 501(C)(3) 11A NA false SC INSTITUTE OF MEDICINE & PUB HEALTH 1301 GERVAIS STREET SUITE 300 COLUMBIA SC 29201 320350642 EDUCATION SC 501(c)(3) 11A NA false false true false false false false false false false false false true true true true true true false false University of South Carolina O 131305 cash reporting of financial information FORM 990, SCHEDULE R, PART I & II THE RESEARCH FOUNDATION'S FINANCIAL STATEMENTS INCLUDE THE ACTIVITY FOR HEALTH SCIENCES SOUTH CAROLINA, A SUPPORTED ENTITY TO THE FOUNDATION ACCORDING TO THE ORGANIZATION'S BYLAWS AND ITOLOGY (FORMERLY KNOWN AS CONSORTIUM FOR ENTERPRISE SYSTEMS MANAGEMENT DUE TO MAY 2014 NAME CHANGE), A DISREGARDED ENTITY FOR TAX PURPOSES.