COLLEGE OF CHARLESTON FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF CHARLESTON FOUNDATION (EIN 23-7069236)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2016-12-01
- IRS object ID
- 201643369349300439
- Schema version
- 2015v2.1
- 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 | 2016-12-01T15:13:11-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | 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 | 2015-07-01 | 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 | 2016-11-29 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | 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 | $23,761,650 | 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 TO BENEFIT THE COLLEGE OF CHARLESTON | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Volunteers | 41 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$21,046 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,998,272 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,535,830 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,173,302 | PYInvestmentIncomeAmt |
| CY Investment Income | $849,072 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,102,500 | PYOtherRevenueAmt |
| CY Other Revenue | $1,359,330 | CYOtherRevenueAmt |
| PY Total Revenue | $13,274,074 | PYTotalRevenueAmt |
| CY Total Revenue | $15,744,232 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,177,887 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,398,249 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,716,374 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,470,347 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,370,009 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,739,634 | PYOtherExpensesAmt |
| CY Other Expenses | $4,413,665 | CYOtherExpensesAmt |
| PY Total Expenses | $12,633,895 | PYTotalExpensesAmt |
| CY Total Expenses | $12,282,261 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $640,179 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,461,971 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $104,788,472 | TotalAssetsBOYAmt |
| Total Assets EOY | $106,409,325 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,403,685 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,312,763 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $102,384,787 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $104,096,562 | 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 | $6,497,154 | ExpenseAmt |
| Grant | $5,110,282 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSFACULTY AND PROGRAM ENRICHMENT THE FOUNDATION PROVIDED FUNDS IN SUPPORT OF THE FOLLOWING AT THE COLLEGE OF CHARLESTON DURING FISCAL YEAR 2015-2016: SCHOLARSHIPS, ACADEMIC PROGRAMS, FACULTY ENHANCEMENTS, OPERATIONS FUND FOR EXPERIENTIAL LEARNING OPPORTUNITIES AND VARIOUS OTHER INITIATIVES. THE MOST SIGNIFICANT NEWS IN THE FISCAL YEAR IS THE CONCLUSION OF THE 7-YEAR BOUNDLESS CAMPAIGN. WITH THE CULMINATION OF BOUNDLESS: THE CAMPAIGN FOR THE COLLEGE OF CHARLESTON AT MIDNIGHT ON JUNE 30, THE COLLEGE RECEIVED A COLLECTIVE VOTE OF CONFIDENCE FROM NEARLY 24,000 DONORS AND SURPASSED THE CAMPAIGN GOAL OF $125 MILLION - AN UNPRECEDENTED MILESTONE IN THE COLLEGE'S 246-YEAR HISTORY. THE BOUNDLESS CAMPAIGN BEGAN IN OCTOBER 2009 WITH THE GOAL OF SHAPING THE COLLEGE'S NEXT ERA OF DISTINCTION. WITH SIGNIFICANT ACHIEVEMENTS IN MANY OF THE CAMPAIGN'S FIVE STRATEGIC PRIORITIES - SCHOLARSHIPS, WORLD-CLASS FACULTY, ACADEMIC/CAMPUS LIFE PROGRAMS, STATE-OF-THE-ART FACILITIES AND ANNUAL GIVING - BOUNDLESS HAS ENDED ON A HIGH NOTE.A FEW DISTINCTIONS OF THE COLLEGE'S SCHOOLS AND PROGRAMS DURING THE YEAR, WHICH ATTEST TO THE CALIBER OF OUR EDUCATIONAL EXPERIENCE AND OUR STUDENTS INCLUDE:HONORS COLLEGE:-STEVE AND EMILY SWANSON, WHO ESTABLISHED THE SWANSON SCHOLARS PROGRAM, INSPIRED OTHERS TO PARTICIPATE IN THE BOUNDLESS CAMPAIGN BY PLEDGING AN ADDITIONAL $1 MILLION DOLLAR COMMITMENT TO CHALLENGE DONORS TO SUPPORT ENDOWED SCHOLARSHIPS IN THE HONORS COLLEGE. THIS EXTRAORDINARY GESTURE RESULTED IN 43 DONORS PLEDGING MORE THAN $1 MILLION TO ENDOWED SCHOLARSHIPS IN THE HONORS COLLEGE, SURPASSING THE GOAL OF THE CHALLENGE. SCHOOL OF SCIENCES AND MATHEMATICS:-MACE BROWN ENHANCED THE ORIGINAL COLLECTION OF FOSSILS IN THE MACE BROWN MUSEUM OF NATURAL HISTORY WITH AN ADDITIONAL IN-KIND COLLECTION OF FOSSILS VALUED AT $973,000. -THE COLLEGE OF CHARLESTON HAS BEEN RECOGNIZED BY THE AMERICAN INSTITUTE OF PHYSICS FOR BEING AMONG A SELECT GROUP OF UNIVERSITIES IN THE UNITED STATES THAT GRADUATE A LARGE NUMBER OF PHYSICS MAJORS. THE LIST HONORED SCHOOLS THAT OFFERED ONLY BACHELOR DEGREE LEVEL COURSES IN PHYSICS. WITH 13 PHYSICS MAJORS, THE COLLEGE WAS THE ONLY PUBLIC COLLEGE IN SOUTH CAROLINA TO MAKE THE LIST.-THREE COLLEGE OF CHARLESTON PROFESSORS BENEFITED FROM AN $18 MILLION IDEA NETWORK OF BIOMEDICAL RESEARCH EXCELLENCE GRANT DESIGNED TO BOOST THE PALMETTO STATE'S BIOMEDICAL RESEARCH CAPACITY. THE AWARD FROM THE NATIONAL INSTITUTES OF HEALTH IS ADMINISTERED BY THE UNIVERSITY OF SOUTH CAROLINA AND IS SHARED BETWEEN 13 UNIVERSITIES IN SOUTH CAROLINA. AT LEAST 72 PROFESSORS AND 200 STUDENTS ACROSS SOUTH CAROLINA ARE ESTIMATED TO RECEIVE SUPPORT. THE COLLEGE'S JIM DEAVOR, ASSOCIATE DEAN OF THE SCHOOL OF SCIENCES & MATHEMATICS, RECEIVES $100,000 A YEAR FOR FIVE YEARS TO SUPPORT THE BIOMEDICAL SUMMER UNDERGRADUATE RESEARCH PROGRAM (BSURE) THAT PAIRS STUDENTS WITH COFC FACULTY MENTORS. THE GRANT WILL SUPPORT APPROXIMATELY 12 UNDERGRADUATES PERFORMING SUMMERTIME BIOMEDICAL RESEARCH IN AREAS THAT INCLUDE BIOCHEMISTRY, CHEMICAL BIOLOGY, GENETICS, MOLECULAR BIOLOGY, NEUROSCIENCE, AND ORGANIC CHEMISTRY. DEVELOPMENTAL RESEARCH GRANTS WERE ALSO MADE TO CHRISTINE BYRUM, ASSOCIATE PROFESSOR OF BIOLOGY, AND RENAUD GESLAIN, ASSISTANT PROFESSOR OF BIOLOGY, TO FUND THEIR BIOMEDICAL RESEARCH PROGRAMS FOR UP TO THREE YEARS. THE SUPPORT WILL PROVIDE THEM WITH MONEY FOR EQUIPMENT, SUPPLIES, TRAVEL EXPENSES, AND SALARIES IN THE SUMMER FOR THEM AND TWO UNDERGRADUATE STUDENTS.SCHOOL OF HUMANITIES AND SOCIAL SCIENCES:-THE BOEING COMPANY HAS PROVIDED OVER $250,000TO THE COFC-BASED, STATEWIDE, MULTI-AGENCY BOEING FARM-TO-SCHOOL INITIATIVE, LED BY PROFESSOR OLIVIA THOMPSON. THE INITIATIVE FOCUSES ON FIVE KEY COMPONENTS: WORKFORCE DEVELOPMENT FOR EDUCATORS, WORKFORCE DEVELOPMENT FOR SCHOOL NUTRITION STAFF, EDUCATION AND TRAINING FOR FAMILIES, WORKFORCE DEVELOPMENT FOR FARMERS AND FOOD SYSTEMS LEADERS, AND SUPPLY CHAIN INFRASTRUCTURE AND MANAGEMENT.-MICHAEL LEE, AN ASSOCIATE PROFESSOR OF COMMUNICATION IN THE DEPARTMENT OF COMMUNICATION, WAS RECOGNIZED BY THE NATIONAL COMMUNICATION ASSOCIATION FOR HIS BOOK ON THE DEVELOPMENT OF CONSERVATIVE POLITICAL THOUGHT IN POST-WORLD WAR II AMERICA. LEE'S BOOK, "CREATING CONSERVATISM: POSTWAR WORDS THAT MADE AN AMERICAN MOVEMENT," WAS AWARDED THE ASSOCIATION'S 2015 DIAMOND ANNIVERSARY BOOK AWARD, THE 2015 JAMES A. WINANS AND HERBERT A. WICHELNS MEMORIAL AWARD FOR DISTINGUISHED SCHOLARSHIP IN RHETORIC AND PUBLIC ADDRESS, AND THE 2015 KOHRS-CAMPBELL PRIZE IN RHETORICAL CRITICISM.-THE DEPARTMENT OF RELIGIOUS STUDIES WAS AWARDED A GRANT OF $30,000 FROM THE WABASH CENTER TO ENHANCE THE STUDENT ACADEMIC EXPERIENCE. THE MISSION OF THE WABASH CENTER FOR TEACHING AND LEARNING IN THEOLOGY AND RELIGION IS TO ENHANCE AND STRENGTHEN EDUCATION IN NORTH AMERICAN THEOLOGICAL SCHOOLS, COLLEGES AND UNIVERSITIES.SCHOOL OF BUSINESS:-ARGUS SOFTWARE, INC. CONTRIBUTED A SECOND IN-KIND GIFT TO THE CARTER REAL ESTATE CENTER TO ASSIST STUDENTS IN BEING READY TO WORK ONCE THEY GRADUATE. THIS SECOND GIFT IS VALUED AT NEARLY $1.2 MILLION. ARGUS SOFTWARE IS THE INDUSTRY "GOLD STANDARD" FOR DEALING IN COMMERCIAL REAL ESTATE.-BETTY BEATTY DOUBLED HER ANNUAL SUPPORT OF THE GUY AND BETTY BEATTY SCHOLARSHIP WITH A GIFT OF $200,000 TO COMMEMORATE THE 20TH ANNIVERSARY OF THE BEATTY BUNCH SCHOLARS. -SUSI BEATTY PROVIDED A LEADING COMMITMENT OF $125,000 TO SUPPORT THE STUDENT ADVANCEMENT CENTER INITIATIVE. SHE WAS INSPIRED TO INVEST IN THE STUDENT ADVANCEMENT CENTER BECAUSE OF HER SERVICE ON THE BUSINESS SCHOOL'S BOARD OF GOVERNORS AND ITS FOCUS ON THAT INITIATIVE DURING THE FINAL YEAR OF THE BOUNDLESS CAMPAIGN. -CHARLES DANA ALSO SUPPORTED THE STUDENT ADVANCEMENT CENTER WITH A COMMITMENT OF $170,000. THE CENTER WAS ESTABLISHED TO HELP BUSINESS STUDENTS PREPARE FOR SUCCESS IN THEIR CAREERS AFTER GRADUATION.-THE WELLS FARGO FOUNDATION AWARDED THE COLLEGE OF CHARLESTON A GRANT OF $100,000 THAT IS PURPOSED TO GROW THE WELLS FARGO BUSINESS SCHOLARSHIP. CREATED BY THE BANK IN 1998, THE WELLS FARGO BUSINESS SCHOLARSHIP ANNUALLY SUPPORTS TWO STUDENTS MAJORING IN THE COLLEGE'S SCHOOL OF BUSINESS WHO ARE PLANNING TO PURSUE CAREERS IN FINANCE OR BANKING UPON RECEIVING THEIR DEGREES.SCHOOL OF EDUCATION, HEALTH, AND HUMAN PERFORMANCE:-THE SOEHHP HAS COLLABORATED WITH CHUCKTOWN SQUASH TO PROVIDE BOTH ATHLETIC TRAINING AND COMMUNITY SERVICE TO YOUTH FROM CHARLESTON'S TITLE 1 ELEMENTARY, MIDDLE AND HIGH SCHOOLS. THIS UNIQUE AFTER SCHOOL PROGRAM GIVES UNDERGRADUATE STUDENTS THE OPPORTUNITY TO BE ROLE MODELS FOR LOCAL YOUTH FROM DIVERSE BACKGROUNDS, HELPING THEM DEVELOP CRUCIAL LIFE SKILLS AND EXPOSING THEM TO THE IMPACT COLLEGE CAN HAVE ON THEIR LIVES. THE COLLEGE RAISED $500,000 IN COMMITMENTS TO RENOVATE THE F. MITCHELL JOHNSON PHYSICAL EDUCATION CENTER FOR A NEW SQUASH CENTER THAT CAN ADEQUATELY SERVE THE UNDERGRADUATE STUDENTS, THE NATIONALLY RANKED CLUB SQUASH TEAM (IN THE TOP 50 CLUBS IN THE COUNTRY), FACULTY AND STAFF. WITH FIVE INTERNATIONAL STANDARD COURTS, AN ENHANCED SQUASH FACILITY WILL REACH A DIVERSE AUDIENCE, SERVING MORE YOUTH FROM THE CHARLESTON COMMUNITY, INCLUDING HIGH-ACHIEVING MINORITY STUDENTS, AND WILL ALSO PROVIDE HOSTING OPPORTUNITIES FOR THE NATIONAL SQUASH NETWORK. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,685,312 | ExpenseAmt |
| Grant | $287,967 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSSCHOLARSHIPS AND AWARDSTHE FOUNDATION PROVIDED $3,397,345 IN FINANCIAL AID TO SUPPORT STUDENTS AT THE COLLEGE OF CHARLESTON. THIS FINANCIAL AID INCLUDES ACADEMIC, MERIT, AND TRAVEL ABROAD SCHOLARSHIP FUNDING. IN ADDITION, $287,967 WAS PROVIDED IN ACADEMIC AND MERIT ACHIEVEMENT AWARDS. 1,386 STUDENTS WERE BENEFICIARIES OF THE FINANCIAL AID AND ACADEMIC/MERIT ACHIEVEMENT AWARDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $10,182,466 | 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 | 201 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 6 | 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 (37 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 | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| THEODORE HOWIE JR | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| JAMES F HIGHTOWER | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| AMY L HEYEL | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| FLEETWOOD S HASSELL | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| LISA BURBAGE | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| JOHN CARTER JR | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| ARTHUR J HEATH | ||||||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||||
| STEPHEN R KERRIGAN | ||||||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||||
| SHARON B KINGMAN | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| PEGGY BOYKIN | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| WILLIAM GLEN BROWN JR | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| MARCO L E CAVAZZONI | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| SCOTT A CRACRAFT | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| DIANNE M CULHANE | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| DR NEIL W DRAISIN | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| JEFFREY E KINARD | ||||||||||
| VICE CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||||
| HILTON C SMITH JR | ||||||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||||
| REBA KINNE HUGE | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| JEAN W JOHNSON | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| BRADFORD MARSHALL | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| STEVE SWANSON | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| H CHAPMAN MCKAY | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| JUSTIN R MCLAIN | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| DR CHARLES S MOSTELLER | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| D SHERWOOD MILER III | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| DANIEL RAVENEL | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| R KEITH SAULS | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| DR SAM STAFFORD III | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| CHLOE KNIGHT TONNEY | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| W DIXON WOODWARD | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| TOMI G YOUNGBLOOD | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| CHRISTOPHER FRASER UNTIL MAY 2016 | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| GEORGE P WATT JR | ||||||||||
| EVP COFC/EXEC DIR OF FOUND | 20.00 | $96,807 | $201,808 | $1,131 | Yes (X) | 20.00 | ||||
| DEBYE ALDERMAN | ||||||||||
| DIRECTOR OF FINANCIAL SERV | 20.00 | $10,000 | $94,383 | $890 | 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 | $249,680 | $3,022 | 30.00 | Yes (X) | ||||
| GEORGE P BENSON | ||||||||||
| FORMER PRESIDENT OF COFC, DIRECTOR OF DEVELOPMENT | 20.00 | $176,770 | $149,154 | $14,613 | 20.00 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $457,377 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $883,025 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $19,656 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 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 | $305,360 |
| LASERPERFORMANCE LLC | |||||
| 200 HIGHPOINT AVENUE | PORTSMOUTH | RI | 02871 | WATERCRAFT | $210,330 |
| BB&T FINANCIAL FSB | |||||
| 151 MEETING STREET | CHARLESTON | SC | 29401 | BANKING & FINANCIAL SERVICES | $134,365 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $78,291 | FundraisingAmt |
| All Other Contributions | $13,457,539 | AllOtherContributionsAmt |
| Noncash Contributions | $3,129,866 | NoncashContributionsAmt |
| Total Contributions | $13,535,830 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $791,080 | TotalRevenueColumnAmt |
| Exclusion | $791,080 | 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 | $7,954,425 | SecuritiesAmt |
| Other | $50,400 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,923,796 | SecuritiesAmt |
| Other | $23,037 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,629 | SecuritiesAmt |
| Other | $27,363 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $57,992 | TotalRevenueColumnAmt |
| Exclusion | $57,992 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $92,382 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $78,291 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $70,436 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,946 | TotalRevenueColumnAmt |
| Exclusion | $21,946 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost Of Goods Sold | $149 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$149 | TotalRevenueColumnAmt |
| Exclusion | -$149 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 900099 | $435,734 | $435,734 |
| LICENSE TAG INCOME | 900099 | $6,800 | $6,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $442,534 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,744,232 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,208,402 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,110,282 | TotalAmt |
| Program Services | $5,110,282 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,967 | TotalAmt |
| Program Services | $287,967 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,807 | TotalAmt |
| Program Services | $112,000 | ProgramServicesAmt |
| Management And General | $58,404 | ManagementAndGeneralAmt |
| Fundraising | $48,403 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,815,189 | TotalAmt |
| Program Services | $947,671 | ProgramServicesAmt |
| Management And General | $167,591 | ManagementAndGeneralAmt |
| Fundraising | $699,927 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $362,016 | TotalAmt |
| Program Services | $188,603 | ProgramServicesAmt |
| Management And General | $40,223 | ManagementAndGeneralAmt |
| Fundraising | $133,190 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,335 | TotalAmt |
| Program Services | $38,727 | ProgramServicesAmt |
| Management And General | $8,259 | ManagementAndGeneralAmt |
| Fundraising | $27,349 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,013 | TotalAmt |
| Management And General | $7,453 | ManagementAndGeneralAmt |
| Fundraising | $560 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,945 | TotalAmt |
| Management And General | $5,566 | ManagementAndGeneralAmt |
| Fundraising | $28,379 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $571,818 | TotalAmt |
| Program Services | $495,376 | ProgramServicesAmt |
| Management And General | $46,313 | ManagementAndGeneralAmt |
| Fundraising | $30,129 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,013 | TotalAmt |
| Program Services | $67,473 | ProgramServicesAmt |
| Management And General | $4,510 | ManagementAndGeneralAmt |
| Fundraising | $5,030 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,925,533 | TotalAmt |
| Program Services | $1,678,780 | ProgramServicesAmt |
| Management And General | $68,861 | ManagementAndGeneralAmt |
| Fundraising | $177,892 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,524 | TotalAmt |
| Management And General | $21,461 | ManagementAndGeneralAmt |
| Fundraising | $17,063 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,927 | TotalAmt |
| Program Services | $5,401 | ProgramServicesAmt |
| Management And General | $196,526 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $458,414 | TotalAmt |
| Program Services | $362,732 | ProgramServicesAmt |
| Management And General | $17,858 | ManagementAndGeneralAmt |
| Fundraising | $77,824 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $716,072 | TotalAmt |
| Program Services | $595,565 | ProgramServicesAmt |
| Management And General | $15,738 | ManagementAndGeneralAmt |
| Fundraising | $104,769 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $304,384 | TotalAmt |
| Program Services | $254,360 | ProgramServicesAmt |
| Management And General | $43,130 | ManagementAndGeneralAmt |
| Fundraising | $6,894 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,139 | TotalAmt |
| Management And General | $18,139 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT DEVELOPMENT | $26,703 | $26,703 | ||
| PROFESSIONAL DEVELOPMEN | $19,654 | $7,413 | $12,241 | |
| RECRUITMENT | $12,618 | $10,826 | $1,433 | $359 |
| UBI TAX | $908 | $908 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,282,261 | TotalAmt |
| Program Services | $10,182,466 | ProgramServicesAmt |
| Management And General | $729,786 | ManagementAndGeneralAmt |
| Fundraising | $1,370,009 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $874,136 | BOYAmt |
| EOY | $205,419 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,530 | BOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,120,825 | BOYAmt |
| EOY | $9,026,325 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,632 | BOYAmt |
| EOY | $61,858 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,701 | BOYAmt |
| EOY | $26,767 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,058 | BOYAmt |
| EOY | $181,540 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,186,809 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,727,269 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,153,817 | BOYAmt |
| EOY | $6,459,540 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,278,242 | BOYAmt |
| EOY | $18,220,822 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,861,264 | BOYAmt |
| EOY | $63,215,975 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,693,400 | BOYAmt |
| EOY | $8,743,162 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $386,867 | BOYAmt |
| EOY | $267,917 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,788,472 | BOYAmt |
| EOY | $106,409,325 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,955 | BOYAmt |
| EOY | $94,498 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,289,251 | BOYAmt |
| EOY | $1,170,981 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,175 | BOYAmt |
| EOY | $119,682 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $816,304 | BOYAmt |
| EOY | $927,602 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,403,685 | BOYAmt |
| EOY | $2,312,763 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,762,235 | BOYAmt |
| EOY | $8,988,274 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,371,087 | BOYAmt |
| EOY | $54,357,479 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,251,465 | BOYAmt |
| EOY | $40,750,809 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,384,787 | BOYAmt |
| EOY | $104,096,562 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,788,472 | BOYAmt |
| EOY | $106,409,325 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,461,971 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,031,035 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $280,839 | 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 | $10,798,661 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,638,385 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,051,722 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,998,272 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,535,830 | CurrentTaxYearAmt |
| Total | $59,022,870 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,798,661 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,638,385 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,051,722 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,998,272 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,535,830 | CurrentTaxYearAmt |
| Total | $59,022,870 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,109,051 | SubstantialContributorsTotAmt |
| Public Support Total170 | $55,913,819 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,935,407 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,933,022 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,226,831 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,011,285 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,686,079 | CurrentTaxYearAmt |
| Total | $15,792,624 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $648,464 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $284,895 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $241,113 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $292,214 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $442,534 | CurrentTaxYearAmt |
| Total | $1,909,220 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $76,724,714 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $15,954 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.72880 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72550 | 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 | $8,743,162 | 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 | $55,207,742 | 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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| 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 |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $56,176,452 | BeginningYearBalanceAmt |
| Contributions | $5,314,300 | ContributionsAmt |
| Investment Earnings Or Losses | $824,827 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,271,592 | OtherExpendituresAmt |
| End Year Balance | $60,043,987 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02490 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.72890 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.24620 | 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 | $2,006,246 | DepreciationAmt |
| Book Value | $936,060 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,048,894 | OtherCostOrOtherBasisAmt |
| Depreciation | $388,781 | DepreciationAmt |
| Book Value | $660,113 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,807,255 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,013,259 | DepreciationAmt |
| Book Value | $793,996 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $711,250 | OtherCostOrOtherBasisAmt |
| Depreciation | $318,983 | DepreciationAmt |
| Book Value | $392,267 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,459,540 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TIFF KEYSTONE FUND | Desc |
| Book Value | $63,215,975 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $63,215,975 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLECTIONS OF ART AND HISTORICAL TREASURES | Desc |
| Book Value | $8,743,162 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $8,743,162 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $77,570 |
| LINE OF CREDIT | $850,032 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $927,602 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,975,120 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,031,035 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $233,004 | OtherRevenueAmt |
| Revenue Not Reported | -$1,798,031 | RevenueNotReportedAmt |
| Revenue Subtotal | $15,773,151 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | -$28,919 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | -$28,919 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $15,744,232 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,263,345 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $70,436 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $70,436 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,192,909 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | -$28,919 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $118,271 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $89,352 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,282,261 | 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 450 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, 2016. FISCAL YEARS ON OR AFTER JUNE 30, 2013 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 130,152. FUNDRAISING EXPENSES INCLUDED IN REVENUE 70,436. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE 32,416. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES INCLUDED IN REVENUE 70,436. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF MARINE GENOMICS ENDOWMENT 118,271. |
| FORM 990, SCHEDULE D, PART V | IN 2014, IT WAS DISCOVERED THAT THE TEMPORARILY RESTRICTED ENDOWMENT FUNDS WERE OVERSTATED AND INCLUDED CONTRIBUTION AMOUNTS THAT WERE DONOR DESIGNATED, BUT NOT DESIGNATED BY THE DONOR TO FUNCTION AS A PERMANENT OR TEMPORARILY RESTRICTED ENDOWMENT. DUE TO THE FACT THAT THE TOTAL AMOUNT WITHIN TEMPORARILY RESTRICTED NET ASSETS WILL NOT CHANGE, THE RECLASSIFICATION OF FUNDS IS NOT CONSIDERED A RESTATEMENT. |
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, SO THAT IT MAY BENEFIT MANY GENERATIONS TO COME. | 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 | SOTA GALA | Event1Nm |
| Gross Receipts Event1 | $134,888 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $63,478 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $71,410 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $58,653 | OtherDirectExpensesEvent1Amt |
| Event2 | REACH PROGRAM GALA | Event2Nm |
| Gross Receipts Event2 | $35,785 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $14,813 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $20,972 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $11,783 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $170,673 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $78,291 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $92,382 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $70,436 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $70,436 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $21,946 | 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 | $4,458,560 | 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, 2015 - JUNE 30, 2016 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 | $221,157 | 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 | 356 | RecipientCnt |
| Cash Grant | $287,967 | 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. | 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 | Yes (1) | 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 (4 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 | $201,808 | $0 | $0 | $6,807 | $0 | $0 | $0 | $0 | $1,131 | $96,807 | $202,939 | $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 | $249,661 | $0 | $0 | $0 | $19 | $0 | $0 | $0 | $3,022 | $61,800 | $252,702 | $0 | $0 |
| GEORGE P BENSON | ||||||||||||||
| FORMER PRESIDENT OF COFC, DIRECTOR O | $141,667 | $142,448 | $0 | $0 | $35,103 | $6,706 | $0 | $0 | $0 | $14,613 | $176,770 | $163,767 | $35,103 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE OF CHARLESTON (THE INSTITUTION) OFFERS A 457(F) NON-QUALIFIED RETIREMENT PLAN TO ITS EXECUTIVE EMPLOYEES AS DESIGNATED BY ITS BOARD OF TRUSTEES FROM TIME TO TIME. THE PLAN IS OWNED BY THE COLLEGE OF CHARLESTON AND THE COLLEGE OF CHARLESTON FOUNDATION FUNDS THE PLAN FOR CERTAIN EXECUTIVES. THE TERMS OF THE RETIREMENT PLAN INCLUDE THE FOLLOWING: THE INSTITUTION SHALL NOT PAY THE AMOUNT OF THE PARTICIPANT'S DEFERRED SALARY ACCOUNT TO THE PARTICIPANT OR THE PARTICIPANT'S DESIGNATED BENEFICIARY UNTIL 60 DAYS AFTER THE EARLIEST OF (1) THE DATE RELATIVE TO CONTINUOUS FULL TIME EMPLOYMENT AS DESIGNATED IN THE AGREEMENT, (2) THE PARTICIPANT'S DEATH, (3) THE PARTICIPANT'S DISABILITY AS DEFINED IN IRC SECTION 409A(A)(2)(C), OR (4) THE PARTICIPANT'S INVOLUNTARY TERMINATION OF EMPLOYMENT FROM THE INSTITUTION FOR REASONS OTHER THAN JUST CAUSE. THE PARTICIPANT WILL HAVE NO RIGHTS IN THE DEFERRED SALARY ACCOUNT UNLESS HE OR SHE REMAINS EMPLOYED BY THE INSTITUTION UNTIL ATTAINMENT OF THE DATE RELATIVE TO CONTINUOUS FULL TIME EMPLOYMENT AS DESIGNATED IN THE AGREEMENT UNLESS TERMINATION OF EMPLOYMENT IS DUE TO THE PARTICIPANT'S DEATH OR TOTAL DISABILITY OR THE PARTICIPANT'S EMPLOYMENT IS INVOLUNTARILY TERMINATED FOR REASONS OTHER THAN JUST CAUSE. IF TERMINATION IS FOR ANY OTHER REASON, THEN NO PAYMENT SHALL BE DUE UNDER THE AGREEMENT. THE DEFERRED SALARY ACCOUNT SHALL BE PAID BY THE INSTITUTION TO THE PARTICIPANT OR DESIGNATED BENEFICIARY IN A LUMP SUM PAYMENT OF THE SINGLE SUM VALUE OF THE DEFERRED SALARY ACCOUNT. THE FOLLOWING INDIVIDUAL PARTICIPATED IN AND RECEIVED A PAYMENT FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN 2015, AS FOLLOWS. P. GEORGE BENSON: PAYMENT RECEIVED OF $35,103 | ExplanationTxt |
Schedule M IRS990ScheduleM
Art Historical Treasures ArtHistoricalTreasuresGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $7,095 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 65 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,714,928 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $121,913 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,875 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Archaeological Artifacts ArchaeologicalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $973,407 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (7 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 | 4 | $75,000 | APPRAISAL |
| Yes (X) | SAILS | 1 | $29,792 | FAIR MARKET VALUE |
| Yes (X) | PERSIAN RUG | 1 | $12,000 | FAIR MARKET VALUE |
| Yes (X) | TELESCOPE | 1 | $11,881 | FAIR MARKET VALUE |
| Yes (X) | PIANO | 1 | $11,500 | FAIR MARKET VALUE |
| Yes (X) | PHOTOGRAPHIC EQUIPMENT | 1 | $655 | 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 (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A CONTINUED | LIBRARIES: -GOOGLE PROVIDED A TRANSFORMATIONAL GIFT TO CREATE THE RACE AND SOCIAL JUSTICE INITIATIVE (RSJI) IN RESPONSE TO THE TRAGIC SHOOTING AT THE EMANUEL AME CHURCH. GOOGLE PARTNERED WITH THE AVERY RESEARCH CENTER FOR AFRICAN AMERICAN HISTORY AND CULTURE TO HOST A SERIES OF STANDING-ROOM-ONLY EVENTS WITH 800+ ATTENDEES TO EXAMINE RACE AND SOCIAL JUSTICE IN OUR COMMUNITIES. THE RSJI COMPRISED LECTURES, SYMPOSIUMS, EXHIBITS AND SCREENINGS TO FOSTER DIALOGUE THAT PROMOTES AWARENESS OF THE HISTORY AND ONGOING STRUGGLES OF RACIAL INJUSTICE IN CHARLESTON, SOUTH CAROLINA, AND THROUGHOUT THE UNITED STATES. THE SERIES FEATURED A COMMUNITY FORUM TITLED "TIES THAT BIND TWO HOLY CITIES: REFLECTIONS IN CHARLESTON BY SURVIVORS OF THE 1963 BIRMINGHAM CHURCH BOMBING, AND LECTURES BY MARIAN WRIGHT EDELMAN OF THE CHILDREN'S DEFENSE FUND, AND BRYAN STEVENSON OF THE EQUAL JUSTICE INITIATIVE. JOURNALIST AND AUTHOR TA-NEHISI COATES ALSO WILL BRING HIS TALK, "A DEEPER BLACK: RACE IN AMERICA" TO CAMPUS AS PART OF THE RSJI. -THE COLLEGE OF CHARLESTON LIBRARIES CELEBRATED THE LEGACY OF DAVID COHEN, DEAN EMERITUS, BY DEDICATING A CLASSROOM ON THE THIRD FLOOR OF THE MARLENE AND NATHAN ADDLESTONE LIBRARY. DURING COHEN'S TIME AS DEAN OF THE LIBRARIES FROM 1982 TO 2012, HE PROVIDED VISIONARY LEADERSHIP BY TRANSFORMING THE LIBRARY INTO A 21ST CENTURY RESOURCE FOR STUDENTS, FACULTY AND THE LARGER COMMUNITY. THE DAVID J. COHEN CLASSROOM WAS NAMED WITH GENEROUS CONTRIBUTIONS FROM FRIENDS AND SUPPORTERS OF MORE THAN $100,000 TO RENOVATE SPACE ON THE FIRST FLOOR OF ADDLESTONE LIBRARY TO BE CONVERTED INTO FLEXIBLE LEARNING TECHNOLOGY COMMONS. THIS INNOVATIVE CLASSROOM WILL BE USED FOR FACULTY PROFESSIONAL DEVELOPMENT AND STUDENT DIGITAL MEDIA INSTRUCTION. SCHOOL OF THE ARTS: -ONE OF THE MAIN PRIORITIES FOR THE HALSEY INSTITUTE OF CONTEMPORARY ART IS AN ENDOWMENT TO STRENGTHEN ITS PLATFORM THROUGH AN INTERNATIONAL ARTIST-IN-RESIDENCE PROGRAM;, PROVIDE TRAVEL SUBSIDIES FOR ECONOMICALLY OR GEOGRAPHICALLY DISADVANTAGED SCHOOLS TO EXPERIENCE THE HALSEY INSTITUTE; DOCUMENT ALL EXHIBITIONS VIA CATALOGUES, VIDEOS, BROCHURES AND AN ONLINE FEATURE FOR EACH INDIVIDUAL SHOW; AND ENSURE THAT HICA IS POSITIONED TO TAKE THE NEXT STEPS TOWARD NATIONAL PROMINENCE IN THE PRESENTATION OF CONTEMPORARY ART. DEBORAH CHALSTY ESTABLISHED AN ENDOWED FUND FOR HICA WITH A COMMITMENT OF $1 MILLION, AND WILL HAVE A GALLERY NAMED IN HER HONOR. -SEVEN COLLEGE OF CHARLESTON MUSIC AND VOCAL PERFORMANCE MAJORS WERE NOMINATED TO COMPETE IN THE NATIONAL STUDENT AUDITIONS COMPETITION OF THE NATIONAL ASSOCIATION OF TEACHERS OF SINGING (NATS). THESE COUGARS WERE AMONG THE 460 STUDENTS FROM THE MID-ATLANTIC REGION OF NATS WHO COMPETED AT THE REGIONAL STUDENT AUDITIONS. THE SEVEN WINNING STUDENTS FROM THE COLLEGE COMPETED IN THE NATS NATIONAL STUDENT AUDITIONS SEMI-FINALS AND THEN POSSIBLY AT THE NATIONAL STUDENT AUDITIONS COMPETITION IN CHICAGO DURING NATS'S NATIONAL CONVENTION IN JULY. BACHELOR OF PROFESSIONAL STUDIES/NORTH CAMPUS -THE CENTER FOR CONTINUING AND PROFESSIONAL EDUCATION HOSTED A TECH STARTUP BOOTCAMP. THIS PRACTICAL, HANDS-ON AND FAST-MOVING COURSE FOCUSED ON TOPICS SUCH AS PRODUCT MANAGEMENT, FUNDING, PITCHING YOUR PRODUCT, AND SALES AND MARKETING. TAUGHT BY TWO TECHNOLOGY EXECUTIVES WITH MANY YEARS OF MANAGEMENT AND STARTUP BUSINESS EXPERIENCE, PARTICIPANTS GAINED THE KNOWLEDGE AND CONFIDENCE TO PLAN, DEVELOP AND EXECUTE TECHNOLOGY BUSINESS IDEAS. SCHOOL OF LANGUAGES, CULTURES, AND WORLD AFFAIRS: -THE COLLEGE'S NEWEST FACILITY IS THE KOSHER VEGETARIAN/VEGAN DINING FACILITY, MARTY'S PLACE. THE DINING HALL IS NAMED AFTER MARTY PERLMUTTER, THE COLLEGE'S LONGTIME DIRECTOR OF JEWISH STUDIES. THE LEAD GIFT OF $500,000 FROM THE LATE NORMAN ARNOLD AND HIS WIFE GERRY SUE, AND OTHER ADMIRERS OF DR. PERLMUTTER SUPPORTED THE PRIVATE-PUBLIC PARTNERSHIP WITH THE COLLEGE TO MAKE THE FACILITY POSSIBLE. THE 5,000-SQUARE-FOOT RESTAURANT IS LOCATED ON THE GROUND FLOOR OF THE EXPANDED SYLVIA VLOSKY YASCHIK JEWISH STUDIES CENTER ON WENTWORTH STREET. MARTY'S PLACE OBSERVES KOSHER DIETARY LAWS AND SERVES VEGAN AND VEGETARIAN DISHES - MAKING IT THE PERFECT CHOICE NOT JUST FOR THE JEWISH COMMUNITY, BUT FOR ANYONE LOOKING FOR A NON-MEAT -BASED MEAL. THE COLLEGE CELEBRATED THE FACILITY'S GRAND OPENING IN JANUARY 2016. -ANITA ZUCKER AND HER FAMILY INCREASED THEIR COMMITMENT BY $750,000 TO THE ZUCKER/GOLDBERG HOLOCAUST STUDIES PROGRAM, WHICH INCLUDES AN ENDOWED CHAIR IN HOLOCAUST STUDIES AND AN EDUCATIONAL FUND TO SUPPORT THE PROGRAM'S OPERATIONS AND INITIATIVES. THE CHAIR HAS THE DISTINCTION OF BEING THE ONLY ENDOWED ACADEMIC POSITION CREATED DURING THE BOUNDLESS CAMPAIGN. CURRENTLY HELD BY DR. TED ROSENGARTEN, THE CHAIR DIRECTS THE ACTIVITIES RELATED TO THE HOLOCAUST STUDIES PROGRAM AND ALSO LEADS EDUCATIONAL STUDY ABROAD TRIPS TO EASTERN EUROPE, OFTEN TIMES FOR STUDENT WHO HAVE NEVER BEEN OVERSEAS. ATHLETICS: -SUSI BEATTY CREATED THE SUSI BEATTY BIG CAT SCHOLARSHIP FOR STUDENT-ATHLETES WITH A COMMITMENT OF $100,000 IN 2016 FOR STUDENTS WHO PLAY MEN'S BASKETBALL, WOMEN'S BASKETBALL OR SOFTBALL. -US SAILING HAS COMMENDED THE NATIONALLY-RECOGNIZED COLLEGE OF CHARLESTON SAILING PROGRAM FOR ITS EFFORT AND WORK WITH YOUTH. THE COUGARS HELD A STEM CAMP WITH STUDENTS FROM CREEKSIDE MIDDLE SCHOOL IN MARION COUNTY, S.C.. IN CONJUNCTION WITH BENETEAU USA, THE LARGEST SAILBOAT MANUFACTURER IN THE WORLD, AS WELL AS THE COLLEGE'S SCHOOL OF SCIENCES AND MATHEMATICS, THE GROUP OF 8 TO 14 YEAR OLDS FROM CREEKSIDE MIDDLE LEARNED ABOUT BUOYANCY AND DISPLACEMENT. THE STUDENTS ALSO DESIGNED AND SAILED SAILBOATS AT THE J. STEWART WALKER SAILING COMPLEX IN MT. PLEASANT, THE HOME FACILITY FOR THE COLLEGE'S SAILING PROGRAM. -COLLEGE OF CHARLESTON JUNIOR WILLIAM RAINEY TURNED IN ONE OF THE TOP INDIVIDUAL SINGLE-SEASON PERFORMANCES IN SCHOOL HISTORY AFTER CLOSING OUT PLAY AT THE 2016 NCAA DIVISION I MEN'S GOLF CHAMPIONSHIPS. HE TIED FOR 51ST WITH ROUNDS OF 72, 68, 71 AND A FINAL-ROUND 80 TO FINISH AT +11 FOR THE TOURNAMENT. RAINEY WAS ONE OF 48 TOP-100 RANKED PLAYERS WHO MADE THE CUT TO PLAY IN THE 84-PLAYER INDIVIDUAL CHAMPIONSHIP FIELD. HE WAS ALSO ONE OF ONLY TWO PLAYERS WHO ADVANCED TO NATIONALS AS THE LOW INDIVIDUAL AT EACH OF THE SIX NCAA REGIONAL SITES, TO MOVE ON TO THE FINAL DAY OF TOURNAMENT PLAY CONSISTING OF THE NATION'S TOP GOLFERS FROM THE SEC, PAC-12, BIG 12 AND BIG TEN. INTERDISCIPLINARY PROGRAMS: -THE COLLEGE OF CHARLESTON HOSTED TWO CAMPS THAT FOCUSED ON INSPIRING INTEREST IN SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS (STEAM) FIELDS AMONG YOUNG STUDENTS. THE FIRST, CAMP ART ATTACK INVOLVED CREATIVE STORYTELLING, ENGINEERING AND DESIGN, VISUAL ARTS, SCRIPT WRITING, THEATRE AND DANCE. THE CAMP EMPHASIZED A PRINCIPLE CALLED "ART INFUSION" IN THE HOPES THAT THE RISING KINDERGARTEN-THROUGH-FIFTH-GRADE STUDENTS WOULD BE ABLE TO BETTER INCORPORATE THE ARTS INTO THEIR CLASSROOM LEARNING EXPERIENCES. THE SECOND CAMP, A TWO-DAY INTENSIVE WORKSHOP CALLED GEEK SQUAD ACADEMY, CONNECTED GEEK SQUAD PROFESSIONALS WITH GIRLS AGE 10 TO 17 TO LEARN ABOUT TECHNOLOGY. -BEN JOYE NAMED THE COLLEGE THE SOLE BENEFICIARY IN HIS ESTATE PLANS. AN ACCOUNTANT BY TRADE, JOYE WAS VERY INTENTIONAL IN HIS PLANS TO SUPPORT THE COLLEGE'S HIGHEST NEEDS AND SCHOLARSHIPS. THEREFORE, UPON HIS DEATH IN 2015, THE COLLEGE BEGAN RECEIVING DISTRIBUTIONS TO SUPPORT THE COLLEGE OF CHARLESTON FUND AND THE COLLEGE'S GENERAL SCHOLARSHIP FUND. -ARTHUR AND WANDA HAISTEN BEGAN SUPPORTING THE COLLEGE IN THE 1980S WITH ANNUAL GIFTS TO THE COLLEGE OF CHARLESTON FUND, ATHLETICS AND THE CLASS OF 1943 GOLDEN ANNIVERSARY SCHOLARSHIP. ARTHUR DIED IN 2012, AND WANDA DIED IN 2013. THEIR ESTATE DISTRIBUTED $280,000 TO THE COLLEGE TO BE SPLIT BETWEEN THE CHEMISTRY DEPARTMENT FUND AND THE COUGAR CLUB. -SINCE 1987, THE LETTIE PATE WHITEHEAD FOUNDATION SCHOLARSHIP HAS SUPPORTED DESERVING YOUNG WOMEN AT THE COLLEGE. WITH AN INITIAL GIFT OF $5,000 THE LETTIE PATE WHITEHEAD FOUNDATION HAS STEADILY INCREASED THEIR SUPPORT WITH THE MOST RECENT GENEROUS DONATION OF $149,000. THEIR SUPPORT ENSURES THAT ALMOST 50 FEMALE SCHOLARS RECEIVE VITAL FINANCIAL SUPPORT FOR THEIR ACADEMIC ENDEAVORS. -THE COLLEGE OF CHARLESTON COLLEGIATE RECOVERY PROGRAM (CRP) OFFERS A DIRECTOR-LED, STUDENT-ORGANIZED, SUPPORT-BASED PROGRAM FOR COFC STUDENTS IN RECOVERY FROM DRUG AND/OR ALCOHOL ADDICTION. THE CRP WAS INITIATED WITH THE GENEROUS SUPPORT FROM PRIVATE DONORS, AMOUNTING TO NEARLY $267,000. THE EARLY LEADERSHIP DONORS PROVIDED A STRONG SUPPORT BASIS FROM WHICH FUNDRAISING EFFORTS CONTINUE. THE CRP IS THE FIRST ACTIVE PROGRAM OF ITS KIND IN SOUTH CAROLINA AND WILL CONNECT STUDENTS WITH NEEDED RESOURCES ON CAMPUS AND IN THE COMMUNITY, AS WELL AS PROVIDE SUPPORT AND ACTIVITIES FOR STUDENT PARTICIPANTS TO BE SUCCESSFUL IN THE COLLEGE OF CHARLESTON ENVIRONMENT. IT WILL DO THIS BY CONNECTING STUDENTS TO OTHER RECOVERING STUDENTS; FACILITATING RECOVERY SUPPORT AND ACCOU |
| FORM 990, PART VI, SECTION B, LINE 11 | 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 130,152. CHANGE IN ALLOWANCE OF UNCOLLECTIBLE PROMISES TO GIVE 32,416. CHANGE IN VALUE OF MARINE GENOMICS ENDOWMENT 118,271. |
| 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 | $28,233 | COLLEGE OF CHARLESTON FOUNDATION |
| BULL AND WENTWORTH STUDENT HOUSING LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED FOR STUDENT HOUSING | SC | $188,944 | $97,715 | 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 | $557,628 | 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 | $720,726 | COLLEGE OF CHARLESTON FOUNDATION |
| THE COLLEGE OF CHARLESTON FOUNDATION PUBLISHING COMPANY LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | PUBLISHING | SC | 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 | $3,451,747 | 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 | $1,170,981 |
| COLLEGE OF CHARLESTON | |
| J | $894,999 |
| COLLEGE OF CHARLESTON | |
| O | $1,547,525 |
| COLLEGE OF CHARLESTON | |
| P | $2,576,872 |
| COLLEGE OF CHARLESTON ALUMNI ASSOCIATION | |
| B | $125,000 |
| COLLEGE OF CHARLESTON COUGAR CLUB | |
| R | $221,157 |