COLLEGE OF CHARLESTON FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF CHARLESTON FOUNDATION (EIN 23-7069236)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-11-30
- IRS object ID
- 201703349349300755
- Schema version
- 2016v3.0
- 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 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 | 2017-11-30T09:39:18-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560747981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN 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 | 2016-07-01 | 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 | DEBYE ALDERMAN | PersonNm |
| Person Title | DIRECTOR OF FINANCIAL SERVICES | PersonTitleTxt |
| Phone | 8439533130 | PhoneNum |
| Signature | 2017-11-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Bibby | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Preparation | 2017-11-28 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.25.12.224 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-28 | IPDt |
| IP Tm | 14:29:41 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D80274681E9CC1823A2CB70D0FAA557DD4368EAD | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DEBYE ALDERMAN | PrincipalOfficerNm |
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 | $18,735,371 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | 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 | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 41 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$93,828 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $13,535,830 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,828,771 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $849,072 | PYInvestmentIncomeAmt |
| CY Investment Income | $928,303 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,359,330 | PYOtherRevenueAmt |
| CY Other Revenue | $1,308,156 | CYOtherRevenueAmt |
| PY Total Revenue | $15,744,232 | PYTotalRevenueAmt |
| CY Total Revenue | $11,065,230 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,398,249 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,907,305 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,470,347 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,513,343 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,622,048 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,413,665 | PYOtherExpensesAmt |
| CY Other Expenses | $4,850,766 | CYOtherExpensesAmt |
| PY Total Expenses | $12,282,261 | PYTotalExpensesAmt |
| CY Total Expenses | $12,271,414 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,461,971 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,206,184 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $106,409,325 | TotalAssetsBOYAmt |
| Total Assets EOY | $114,407,169 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,312,763 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,760,466 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $104,096,562 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $111,646,703 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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 | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,672,211 | ExpenseAmt |
| Grant | $4,652,368 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSFACULTY AND PROGRAM ENRICHMENT The College of Charleston Foundation was established in 1970 to promote programs of education, research, student development, and faculty development for the exclusive benefit of the College of Charleston; and it has remained steadfast to that mission ever since. In the fiscal year ending June 30, 2017 the Foundation raised $13.5 million in new commitments, hitting its target of $12 - $14 million. These results compare favorably to the previous year's $16.3 million achievement, considering that this year follows the completion of the College's largest comprehensive campaign that raised more than $138 million over seven years.The Foundation focused great effort this fiscal year on increasing contributions to student scholarships and awards in alignment with a continuing emphasis on the comprehensive campaign's number one priority. An increase in scholarships helps more of the College of Charleston's 10,000 undergraduates and 1,000 graduates achieve their educational goals. Approximately 1,359 students received scholarship funding through the Foundation last year, totaling nearly $4 million. From the 507 privately supported funds, nearly 3,000 individual scholarships were given with many students receiving more than one scholarship. This demonstrates the school's philosophy of creating impactful scholarship packages that make a difference in students' decisions to come and stay at the College of Charleston.Philanthropic investments in the schools, units and programs during the past fiscal year not only contribute to the Foundation's mission, but also directly impact each respective area's ability to advance the College's mission. This narrative provides a sampling of philanthropic commitments, which attest to the caliber of our educational experience and our students.ScholarshipsHilda Debacker committed $1 million to establish the Rene and Hilda Debacker Endowed Scholarship for students who demonstrate financial need and are from Charleston County. The Lettie Pate Whitehead Foundation committed $161,000 to scholarships for female students from southern states. The Lettie Pate Whitehead Foundation has been supporting the College for 30 years, with growth in yearly commitments over time. This fiscal year's investment marks the largest given by the Lettie Pate Whitehead Foundation and was awarded to 34 students. Celeste and Scott Martin contributed $250,000 to support the Franklin Barker West Endowed Scholarship, which was established in memory of Celeste's son. The West scholarship is a four-year, need-based fund for students who demonstrate an interest in international studies. This infusion of funds will enable the College to grow the number of students assisted by this scholarship from one to four. Honors CollegeThe Harry and Reba Huge Foundation continued its support of Honors College students through a $100,000 gift to facilitate a ninth Huge Scholar. The fund covers tuition, room and board, books, fees, and enrichment opportunities to include summer/semester abroad experiences for four years for each scholar. The Huge Foundation established this program in 2012 and have provided support since.School of Sciences and MathematicsA group of geology graduates from Texas initiated the Geology Alumni Endowed Award with a collective commitment of more than $70,000. The award was created to enable undergraduate students to participate in hands-on academic opportunities that will facilitate their post-graduate and career goals. School of BusinessStuart and Rebecca Williams created the Impact Entrepreneurship Program Fund with a gift of $100,000 to provide operational funding to the School of Business Center for Entrepreneurship. Programs, curricular development, student learning opportunities, events, and other initiatives oriented to the theme of impact entrepreneurship will be made possible through the fund.School of Humanities and Social SciencesThe Women's and Gender Studies program established the Alison Piepmeier Endowed Scholarship in memory of the program's director. Her husband, the College's provost, also committed $25,000 to the endowment through a planned gift. The inaugural recipient of the scholarship, who had the opportunity to study under the tutelage of Dr. Piepmeier, was chosen this year.School of Education, Health, and Human PerformanceArts, Etc. contributed its first-ever gift to the College to support Camp Inspire. The organization's $10,000 gift was administered by the Teacher Education Program, which specializes in developing methods and research for teachers to infuse the arts in their classes, with a goal of motivating a life-long love of the arts. Fifteen students from underserved schools in Johns Island who attended Camp Inspire created art as they learned about science and ecology, and explored ideas through hands-on learning in nature. They explored a variety of ideas as they learned to reach beyond their capacity and embrace the opportunity to learn from their mistakes. LibrariesGoogle, Inc. invested an additional $200,000 in the Race and Social Justice Initiative (RSJI) to enhance the original investment of $125,000. The RSJI brings to bear the strengths of the College of Charleston and its partnerships with community funders and organizations to the important issues that the world faces. Eight opportunities were made possible through Google's support of the RSJI, which attracted nearly 5,000 community members.School of the ArtsA commitment of $1.14 million from Dr. William Tate has created the William Tate, M.D. International Piano Series Endowed Fund. The fund will support performance, production and entertainment expenses relating to the International Piano Series; awards for piano students; and equipment acquisition and maintenance within the piano program. School of Professional StudiesPrudential Financial provided $17,000 in support to the School of Professional Studies to fund a career fair and Veteran's Day celebration event. School of Languages, Cultures, and World AffairsArnold M. Nemirow created an endowment to support the Yaschik/Arnold Jewish Studies Program. The Nemirow Fund for Holocaust Studies will nurture a new generation of Holocaust researchers and educators through classes at the College, travel and mentorship opportunities abroad, and presentations of original work by teachers and students. AthleticsThe College's sailing team raised more than $80,000 toward the Hissar Sailing Program Endowment this fiscal year. The endowment is used to ensure the co-ed sailing team has the necessary tools to compete. Sailing is the College of Charleston's top Division I sports that attracts the top scholar-athletes from across the country. During this fiscal year, CofC sailors have made impressive achievements, including: competing in the Rio Summer Olympics, won the Dinghy National Championship, and won two titles at the South Atlantic Interscholastic Sailing Association Team Race and Coed Championships.Interdisciplinary ProgramsJohnnie '92 and Michelle Baxley gifted the College $93,000 in their continuing support of the College of Charleston Fund and Cougar Club Fund (Athletics). The Baxleys are significant ambassadors for the College's unrestricted fund, the College of Charleston Fund, in hopes to garner greater alumni contributions for this fund that is invested in the College's highest priorities and enables the leadership to be nimble in answering needs that arise throughout the academic year. The Oliver S. and Jennie R. Donaldson Charitable Trust contributed $67,500 this fiscal year to support each of the College's Excellence Funds, which provide unrestricted funds to each of the units on campus. The Trust also gave $50,000 to the David J. Cohen Endowed Scholarship for Study Abroad to assist students who seek an international educational experience during their time at the College. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,221,827 | ExpenseAmt |
| Grant | $254,937 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSSCHOLARSHIPS AND AWARDSTHE FOUNDATION PROVIDED $3,492,315 IN FINANCIAL AID TO SUPPORT STUDENTS AT THE COLLEGE OF CHARLESTON. THIS FINANCIAL AID INCLUDES ACADEMIC, MERIT, AND TRAVEL ABROAD SCHOLARSHIP FUNDING. IN ADDITION, $254,937 WAS PROVIDED IN ACADEMIC AND MERIT ACHIEVEMENT AWARDS. 1,738 STUDENTS WERE BENEFICIARIES OF THE FINANCIAL AID AND ACADEMIC/MERIT ACHIEVEMENT AWARDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $9,894,038 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 257 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEBYE ALDERMAN | 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 (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| AMY L Heyel | |||||||||
| DIRector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ARTHUR J HEATH | |||||||||
| DIRector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CAROLYN KNIGHT TONNEY | |||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| D SHERWOOD MILER III | |||||||||
| DIREctor | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR CHARLES S MOSTELLER | |||||||||
| DIRECTOr | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Dr NEIL W DRAISIN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Sam Stafford III | |||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ERIC COX | |||||||||
| DIrector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| FLEETWOOD S HASSELL | |||||||||
| DIRector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| H CHAPMAN MCKAY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| HILTON SMITH JR UNTIL 61 | |||||||||
| DIREctor | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES F HIGHTOWER | |||||||||
| DIRector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEAN W JOHNSON | |||||||||
| DIREctor | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY E KINARD | |||||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| JEFFREY LAMBERSON | |||||||||
| DIRector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JESSICA GIBADLO | |||||||||
| DIREctor | 1.00 | Yes (X) | $0 | $3,468 | $0 | ||||
| JOHN CARTER JR | |||||||||
| DIREctor | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JUSTIN R MCLAIN | |||||||||
| DIREctor | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAURA RICCIARDELLI | |||||||||
| DIRECtor | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LISA BURBAGE | |||||||||
| DIREctor | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PEGGY BOYKIN | |||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| R Keith Sauls | |||||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| REBA KINNE HUGE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SCOTT A CRACRAFT SR | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SHERRIE SNIPES-WILLIAMS | |||||||||
| DIRector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN R KERRIGAN | |||||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| THEODORE HOWIE JR | |||||||||
| DIrector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| TINA CUNDARI | |||||||||
| DIRector | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Tomi G Youngblood | |||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| W DIXON WOODWARD | |||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| William Glen Brown Jr | |||||||||
| VICE CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| DEBYE ALDERMAN | |||||||||
| Finance and Administration | 20.00 | $0 | $96,367 | $1,193 | Yes (X) | 20.00 | |||
| George P Watt Jr | |||||||||
| EVP CofC/Exec Dir of Found | 20.00 | $96,001 | $204,975 | $1,262 | Yes (X) | 20.00 | |||
| GLENN MCCONNELL | |||||||||
| PRESIDENT OF COFC | 20.00 | $112,000 | $188,000 | $0 | 20.00 | Yes (X) | |||
| Alan Shao | |||||||||
| Dean, School of Bus. CofC | 10.00 | $61,800 | $257,746 | $3,158 | 30.00 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $269,801 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $750,556 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $5,613 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARAMARK | |||||
| 66 GEORGE STREET | CHARLESTON | SC | 29424 | CATERING SERVICES | $318,105 |
| BB&T FINANCIAL FSB | |||||
| 151 MEETING STREET | CHARLESTON | SC | 29401 | BANKING & FINANCIAL SERVICES | $154,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $18,520 | FundraisingAmt |
| All Other Contributions | $8,810,251 | AllOtherContributionsAmt |
| Noncash Contributions | $1,685,645 | NoncashContributionsAmt |
| Total Contributions | $8,828,771 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $931,181 | TotalRevenueColumnAmt |
| Exclusion | $931,181 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $894,999 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $894,999 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $894,999 | TotalRevenueColumnAmt |
| Exclusion | $894,999 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,653,710 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,656,588 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$2,878 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,878 | TotalRevenueColumnAmt |
| Exclusion | -$2,878 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,144 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $18,520 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $13,408 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,264 | TotalRevenueColumnAmt |
| Exclusion | -$12,264 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Of Goods Sold | $145 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$145 | TotalRevenueColumnAmt |
| Exclusion | -$145 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 900099 | $416,286 | $416,286 |
| LICENSE TAG INCOME | 900099 | $9,280 | $9,280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $425,566 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,065,230 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,236,459 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,652,368 | TotalAmt |
| Program Services | $4,652,368 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,937 | TotalAmt |
| Program Services | $254,937 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,001 | TotalAmt |
| Program Services | $112,000 | ProgramServicesAmt |
| Management And General | $48,001 | ManagementAndGeneralAmt |
| Fundraising | $48,000 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,869,277 | TotalAmt |
| Program Services | $992,729 | ProgramServicesAmt |
| Management And General | $185,067 | ManagementAndGeneralAmt |
| Fundraising | $691,481 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,418 | TotalAmt |
| Program Services | $193,271 | ProgramServicesAmt |
| Management And General | $40,775 | ManagementAndGeneralAmt |
| Fundraising | $129,372 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,647 | TotalAmt |
| Program Services | $38,635 | ProgramServicesAmt |
| Management And General | $8,151 | ManagementAndGeneralAmt |
| Fundraising | $25,861 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,605 | TotalAmt |
| Program Services | $3,063 | ProgramServicesAmt |
| Management And General | $18,318 | ManagementAndGeneralAmt |
| Fundraising | $224 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,379 | TotalAmt |
| Management And General | $12,148 | ManagementAndGeneralAmt |
| Fundraising | $24,231 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $552,091 | TotalAmt |
| Program Services | $425,915 | ProgramServicesAmt |
| Management And General | $50,222 | ManagementAndGeneralAmt |
| Fundraising | $75,954 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,968 | TotalAmt |
| Program Services | $36,866 | ProgramServicesAmt |
| Management And General | $2,410 | ManagementAndGeneralAmt |
| Fundraising | $10,692 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,989,629 | TotalAmt |
| Program Services | $1,738,161 | ProgramServicesAmt |
| Management And General | $55,552 | ManagementAndGeneralAmt |
| Fundraising | $195,916 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,727 | TotalAmt |
| Management And General | $6,822 | ManagementAndGeneralAmt |
| Fundraising | $231,905 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,301 | TotalAmt |
| Management And General | $230,301 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,916 | TotalAmt |
| Program Services | $394,789 | ProgramServicesAmt |
| Management And General | $21,359 | ManagementAndGeneralAmt |
| Fundraising | $89,768 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $748,625 | TotalAmt |
| Program Services | $651,949 | ProgramServicesAmt |
| Management And General | $14,970 | ManagementAndGeneralAmt |
| Fundraising | $81,706 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,789 | TotalAmt |
| Program Services | $256,873 | ProgramServicesAmt |
| Management And General | $41,031 | ManagementAndGeneralAmt |
| Fundraising | $4,885 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,338 | TotalAmt |
| Management And General | $18,338 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| Recruitment | $111,925 | $110,412 | $1,513 | |
| Student Development | $32,070 | $32,070 | ||
| Professional Developmen | $12,403 | $10,540 | $1,863 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,271,414 | TotalAmt |
| Program Services | $9,894,038 | ProgramServicesAmt |
| Management And General | $755,328 | ManagementAndGeneralAmt |
| Fundraising | $1,622,048 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,419 | BOYAmt |
| EOY | $416,884 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,026,325 | BOYAmt |
| EOY | $7,031,191 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,858 | BOYAmt |
| EOY | $773,341 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,767 | BOYAmt |
| EOY | $26,998 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,540 | BOYAmt |
| EOY | $208,858 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,282,034 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,005,055 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,459,540 | BOYAmt |
| EOY | $6,276,979 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,220,822 | BOYAmt |
| EOY | $19,269,650 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,215,975 | BOYAmt |
| EOY | $71,456,800 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,743,162 | BOYAmt |
| EOY | $8,812,056 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,917 | BOYAmt |
| EOY | $134,412 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,409,325 | BOYAmt |
| EOY | $114,407,169 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,498 | BOYAmt |
| EOY | $97,192 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,170,981 | BOYAmt |
| EOY | $1,239,402 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,682 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $927,602 | BOYAmt |
| EOY | $1,423,872 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,312,763 | BOYAmt |
| EOY | $2,760,466 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,988,274 | BOYAmt |
| EOY | $9,076,673 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,357,479 | BOYAmt |
| EOY | $46,259,321 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,750,809 | BOYAmt |
| EOY | $56,310,709 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,096,562 | BOYAmt |
| EOY | $111,646,703 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,409,325 | BOYAmt |
| EOY | $114,407,169 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,206,184 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $8,776,597 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$20,272 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | 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 | $13,638,385 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,051,722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,998,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,535,830 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,811,420 | CurrentTaxYearAmt |
| Total | $57,035,629 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,638,385 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,051,722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,998,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,535,830 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,811,420 | CurrentTaxYearAmt |
| Total | $57,035,629 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,237,785 | SubstantialContributorsTotAmt |
| Public Support Total170 | $52,797,844 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,933,022 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,226,831 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,011,285 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,686,079 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,826,180 | CurrentTaxYearAmt |
| Total | $14,683,397 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $284,895 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $241,113 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $292,214 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $442,534 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $425,566 | CurrentTaxYearAmt |
| Total | $1,686,322 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $73,405,348 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $11,235 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71930 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72880 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $8,812,056 | 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 | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $55,908,235 | BeginningYearBalanceAmt |
| Contributions | $16,272,153 | ContributionsAmt |
| Investment Earnings Or Losses | $8,052,113 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,885,654 | OtherExpendituresAmt |
| End Year Balance | $77,346,847 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $55,207,742 | BeginningYearBalanceAmt |
| Contributions | $3,044,325 | ContributionsAmt |
| Investment Earnings Or Losses | -$79,057 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,264,775 | OtherExpendituresAmt |
| End Year Balance | $55,908,235 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $54,697,754 | BeginningYearBalanceAmt |
| Contributions | $1,840,136 | ContributionsAmt |
| Investment Earnings Or Losses | $1,012,339 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,342,487 | OtherExpendituresAmt |
| End Year Balance | $55,207,742 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,287,689 | BeginningYearBalanceAmt |
| Contributions | $3,311,743 | ContributionsAmt |
| Investment Earnings Or Losses | $7,220,441 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,552,899 | OtherExpendituresAmt |
| End Year Balance | $73,266,974 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $60,043,987 | BeginningYearBalanceAmt |
| Contributions | $1,450,147 | ContributionsAmt |
| Investment Earnings Or Losses | $7,205,832 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,412,277 | OtherExpendituresAmt |
| End Year Balance | $66,287,689 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02250 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.72800 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.24950 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,677,104 | OtherCostOrOtherBasisAmt |
| Book Value | $3,677,104 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,942,306 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,045,984 | DepreciationAmt |
| Book Value | $896,322 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,048,894 | OtherCostOrOtherBasisAmt |
| Depreciation | $444,521 | DepreciationAmt |
| Book Value | $604,373 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,827,480 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,147,108 | DepreciationAmt |
| Book Value | $680,372 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $786,250 | OtherCostOrOtherBasisAmt |
| Depreciation | $367,442 | DepreciationAmt |
| Book Value | $418,808 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,276,979 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TIFF KEYSTONE FUND | Desc |
| Book Value | $71,456,800 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $71,456,800 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLECTIONS OF ART AND HISTORICAL TREASURES | Desc |
| Book Value | $8,812,056 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $8,812,056 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $73,840 |
| LINE OF CREDIT | $1,350,032 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,423,872 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,933,903 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $8,776,597 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $61,557 | OtherRevenueAmt |
| Revenue Not Reported | $8,838,154 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,095,749 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | -$30,519 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | -$30,519 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,065,230 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,383,762 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $13,408 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $13,408 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,370,354 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | -$30,519 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$68,421 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$98,940 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,271,414 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | 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. |
| Part V, Line 4: | THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 510 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED PERPETUAL ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA, 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. |
| Part X, Line 2: | 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, 2017. FISCAL YEARS ON OR AFTER JUNE 30, 2014 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. 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. |
| Part XI, Line 2d - Other Adjustments: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -5,254. FUNDRAISING EXPENSES INCLUDED IN REVENUE 13,408. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE 53,403. |
| Part XII, Line 2d - Other Adjustments: | FUNDRAISING EXPENSES INCLUDED IN REVENUE 13,408. |
| Part XII, Line 4b - Other Adjustments: | CHANGE IN VALUE OF MARINE GENOMICS GRANT -68,421. |
| FORM 990, SCHEDULE D, PART V | DURING THE 2016 FINANCIAL STATEMENT AUDIT, IT WAS DISCOVERED THAT ENDOWMENT FUNDS WERE UNDERSTATED AND DID NOT INCLUDE CONTRIBUTIONS THAT WERE DESIGNATED BY THE DONOR TO FUNCTION AS A PERMANENT OR TEMPORARILY RESTRICTED ENDOWMENT. THE BALANCE OF ENDOWMENT NET ASSETS HAS BEEN ADJUSTED TO REFLECT DONOR INTENT. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICE | 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 | $50,750 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $50,750 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $50,750 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | YES! I'M A FEMINIST | Event1Nm |
| Gross Receipts Event1 | $19,664 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $18,520 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $1,144 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $13,408 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $19,664 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $18,520 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,144 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $13,408 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $13,408 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$12,264 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| COLLEGE OF CHARLESTON | |||||||
| 66 GEORGE ST | CHARLESTON | SC | 29424 | 576000265 | IRC 115 | $4,296,524 | 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 | |||||||
| PO BOX 20216 | CHARLESTON | SC | 29413 | 570760038 | 501C3 | $125,000 | 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, 2016 - JUNE 30, 2017 THE FOUNDATION PAID THE ALUMNI ASSOCIATION $125,000 IN ACCORDANCE WITH THE MOU. |
| COLLEGE OF CHARLESTON COUGAR CLUB | |||||||
| 307 MEETING ST | CHARLESTON | SC | 29401 | 570640443 | 501C3 | $227,481 | COLLEGE OF CHARLESTON COUGAR CLUB: OPERATIONAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | ACADEMIC & ACHIEVEMENT AWARDS | GrantTypeTxt |
| Recipient | 379 | RecipientCnt |
| Cash Grant | $254,937 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | 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 |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| George P Watt Jr | ||||||||||||||
| EVP CofC/Exec Dir of Found | $90,000 | $204,975 | $0 | $0 | $6,001 | $0 | $0 | $0 | $0 | $1,262 | $96,001 | $206,237 | $0 | $0 |
| GLENN MCCONNELL | ||||||||||||||
| PRESIDENT OF COFC | $112,000 | $188,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $112,000 | $188,000 | $0 | $0 |
| Alan Shao | ||||||||||||||
| Dean, School of Bus. CofC | $61,800 | $257,746 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3,158 | $61,800 | $260,904 | $0 | $0 |
Schedule M IRS990ScheduleM
Art Historical Treasures ArtHistoricalTreasuresGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,800 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $3,650 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 37 | ContributionCnt |
| Noncash Contributions Rpt F990 | $989,101 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,944 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,487 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Historical Artifacts HistoricalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | ARGUS SOFTWARE | 1 | $1,192,500 | FAIR MARKET VALUE |
| Yes (X) | HORSES | 1 | $100,000 | APPRAISAL |
| Yes (X) | QUIMERA SOFTWARE | 1 | $50,220 | FAIR MARKET VALUE |
| Yes (X) | ECHOBOAT AUTONOMOUS CONTROLLED SURFACE VEHICLE | 1 | $14,625 | fAIR MARKET VALUE |
| Yes (X) | DELL COMPUTER SERVERS | 1 | $3,123 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | 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, Section B, line 12c | 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, Section B, line 15 | 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 FOUNDATION IN COLLABORATION WITH THE COLLEGE OF CHARLESTON HAS CONTRACTED WITH OUTSIDE EXECUTIVE SEARCH FIRMS WHO ASSIST 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. COMPENSATION FOR KEY EMPLOYEES PAID BY THE FOUNDATION AND THE COLLEGE ARE APPROVED BY THE CHAIR OF THE COLLEGE BOARD OF TRUSTEES AS WELL AS THE FOUNDATION. |
| Form 990, Part VI, Section C, line 18 | 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, Section C, line 19 | 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: | CHANGE IN VALUE OF SPLIT INTEREST -5,254. CHANGE IN ALLOWANCE OF UNCOLLECTIBLE PROMISES TO GIVE 53,403. CHANGE IN VALUE OF MARINE GENOMICS GRANT -68,421. |
| Form 990, Part XII, Line 2c: | 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 |
|---|---|---|---|---|---|---|---|---|
| BULL STREET STUDENT HOUSING LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED FOR STUDENT HOUSING | SC | $134,680 | $27,913 | 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 | $100,600 | 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 | $328,796 | $750,688 | COLLEGE OF CHARLESTON FOUNDATION |
| 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 | $535,333 | 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 |
| DIXIE PLANTATION EDUCATIONAL HOLDINGS LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED BY THE COLLEGE OF CHARLESTON FOR PROGRAMS | SC | $100,000 | $3,555,372 | 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 | IRC 115 | ExemptCodeSectionTxt |
| Public Charity Status | Line 2 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| COLLEGE OF CHARLESTON | |
| E | $1,239,402 |
| COLLEGE OF CHARLESTON | |
| J | $894,999 |
| COLLEGE OF CHARLESTON | |
| O | $1,603,269 |
| COLLEGE OF CHARLESTON | |
| P | $2,568,874 |
| COLLEGE OF CHARLESTON ALUMNI ASSOCIATION | |
| B | $125,000 |
| COLLEGE OF CHARLESTON COUGAR CLUB | |
| R | $155,478 |