COLLEGE OF CHARLESTON FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF CHARLESTON FOUNDATION (EIN 23-7069236)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-15
- IRS object ID
- 201511359349300146
- Schema version
- 2013v4.0
- 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 | 2015-05-15T09:15:30-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 RIDGEFIELD COURT | AddressLine1 |
| City | ASHEVILLE | City |
| State | NC | State |
| ZIP Code | 28806 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29424 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBYE ALDERMAN | PersonNm |
| Person Title | DIRECTOR OF FINANCIAL SERVICES | PersonTitleTxt |
| Phone | 8439533130 | PhoneNum |
| Signature | 2015-05-15 | 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 | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | 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 | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29424 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $52,777,248 | 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 | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 34 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 34 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $470 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $13,603,922 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,051,722 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,105,476 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,389,803 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,094,059 | PYOtherRevenueAmt |
| CY Other Revenue | $1,031,622 | CYOtherRevenueAmt |
| PY Total Revenue | $16,803,457 | PYTotalRevenueAmt |
| CY Total Revenue | $16,473,147 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,613,625 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,387,538 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,552,002 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,063,160 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $35,931 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $28,037 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,508,311 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,810,016 | PYOtherExpensesAmt |
| CY Other Expenses | $3,745,784 | CYOtherExpensesAmt |
| PY Total Expenses | $10,011,574 | PYTotalExpensesAmt |
| CY Total Expenses | $11,224,519 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,791,883 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,248,628 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $95,929,140 | TotalAssetsBOYAmt |
| Total Assets EOY | $104,936,511 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,984,446 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,141,430 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $93,944,694 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $101,795,081 | 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 | $5,698,077 | ExpenseAmt |
| Grant | $4,185,041 | 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: ACADEMIC PROGRAMS, FACULTY ENHANCEMENTS, OPERATIONS FUND FOR EXPERIENTIAL LEARNING OPPORTUNITIES, AND VARIOUS OTHER INITIATIVES. A FEW DISTINCTIONS OF THE COLLEGES SCHOOLS AND PROGRAMS, WHICH ATTEST TO THE CALIBER OF OUR EDUCATIONAL EXPERIENCE AND OUR STUDENTS, INCLUDE:SCHOOL OF SCIENCES AND MATHEMATICS-JIM CAREW (GEOLOGY) WORKED CLOSELY WITH MACE BROWN (WHO ESTABLISHED THE MACE BROWN NATURAL HISTORY MUSEUM ON CAMPUS) AND FORMER STUDENTS JONATHAN GEISLER 1995 AND MARK HAVENSTEIN 1998 TO DOCUMENT A NEW SPECIES OF PREHISTORIC WHALE. ADDITIONALLY, JON HAKKILA (PHYSICS AND ASTRONOMY) WAS PART OF THE SCIENTIFIC TEAM THAT IDENTIFIED THE HERCULES-CORONA BOREALIS GREAT WALL, WHICH IS NOW CONSIDERED THE LARGEST SUPER-STRUCTURE IN THE UNIVERSE.-THE COLLEGE OF CHARLESTONS SEAFLOOR MAPPING PROGRAM, BEAMS, IS GAINING INTERNATIONAL ATTENTION FOR TRAINING OCEAN SURVEYORS WHO ARE LANDING JOBS AND BREAKING GROUND IN THE FIELD. ON ONE RESEARCH CRUISE, FOUR COLLEGE OF CHARLESTON ALUMNI AND ONE UNDERGRADUATE STUDENT WERE HIRED SEPARATELY TO CONDUCT GEOPHYSICAL SEAFLOOR MAPPING OFF THE COAST OF MASSACHUSETTS.SCHOOL OF HUMANITIES AND SOCIAL SCIENCES-THE COLLEGE GRADUATED THE FIRST ARCHEOLOGY MAJORS IN THE SCHOOLS HISTORY (AND THE STATES).-A MAJOR EFFORT TOOK PLACE IN HSS TO RAISE UNRESTRICTED FUNDING FOR THE SCHOOLS ACTIVITIES. THE DEANS EXCELLENCE FUND HELPED SUPPORT THE ANNUAL WILLIAM V. MOORE RESEARCH CONFERENCE, ORGANIZED BY THE POLITICAL SCIENCE DEPARTMENT. THE CONFERENCE FEATURED UNDERGRADS FROM THE COLLEGE, ALONG WITH AREA HIGH SCHOOL SENIORS, EACH PRESENTING THEIR WORK ON A VARIETY OF TOPICS IN THIS FIELD. -RICHARD HADDAD 1975 AND HIS WIFE SHANNON ESTABLISHED AN ENDOWED AWARD FUND TO PROVIDE SUPPORT TO SOCIOLOGY MAJORS WITH AN INTEREST IN HELPING TROUBLED YOUTH WHO ARE PARTICIPATING IN AN INTERNSHIP EXPERIENCE. SCHOOL OF BUSINESS-THE COLLEGE OF CHARLESTON HAS STARTED THE GLOBAL LOGISTICS & TRANSPORTATION PROFESSIONAL TRAINING PROGRAM, DESIGNED TO PROVIDE PRACTICAL KNOWLEDGE AND TRAINING IN THE MANY DIVERSE AREAS OF GLOBAL LOGISTICS AND TRANSPORTATION. THE CAREER EXPERIENCE OF INSTRUCTORS IN BOTH THE PRIVATE AND PUBLIC SECTORS NOT ONLY LENDS AN ACADEMIC DIMENSION TO THE CLASSES, BUT ALSO ENABLES THEM TO EFFECTIVELY HANDLE THE SPECIFIC, PRACTICAL INFORMATION NEEDED FOR TRAINING COURSES.-THE COLLEGE OF CHARLESTON OFFICIALLY LAUNCHED ITS COMMERCIAL REAL ESTATE MINOR PROGRAM, WHICH IS BEING OFFERED THROUGH THE CARTER REAL ESTATE CENTER AT THE SCHOOL OF BUSINESS. THE CURRICULUM INCLUDES CLASSES IN PRINCIPLES OF REAL ESTATE AND FINANCE, IN ADDITION TO ELECTIVES ON TOPICS SUCH AS MARKET ANALYSIS, INVESTMENT ANALYSIS AND URBAN ECONOMICS.-THE SCHOOL OF BUSINESS HOSTED THE INAUGURAL SOUTH CAROLINA SUPPLY CHAIN SUMMIT FOR LEADERS IN BUSINESS, HIGHER EDUCATION, AND STATE GOVERNMENT TO IDENTIFY POTENTIAL AREAS FOR COLLABORATION.SCHOOL OF EDUCATION, HEALTH, AND HUMAN PERFORMANCE-THE COLLEGE OF CHARLESTONS CENTER FOR PARTNERSHIPS TO IMPROVE EDUCATION IN THE SCHOOL OF EDUCATION, HEALTH AND HUMAN PERFORMANCE HAS STARTED THE MATH IMPROVEMENT PROJECT (MIP) TO HELP CHARLESTON AREA TEACHERS ENHANCE STEM EDUCATION. THE MATH IMPROVEMENT PROJECT (MIP) TRAINS 20 CLASSROOM TEACHERS AND EDUCATION PROFESSORS IN THE FIVE-STEP ALGEBRA PROJECT APPROACH FOR TEACHING MATHEMATICS.-TERRY PETERSON, SENIOR EDUCATION FELLOW AT THE COLLEGE OF CHARLESTON, HAS BEEN NAMED ONE OF THE 25 MOST INFLUENTIAL PEOPLE IN THE AFTERSCHOOL COMMUNITY. THE LIST IS COMPILED BY THE NATIONAL AFTERSCHOOL ASSOCIATION (NAA). IN ADDITION TO HIS WORK WITH THE COLLEGES SCHOOL OF EDUCATION, HEALTH, AND HUMAN PERFORMANCE, PETERSON RECENTLY SERVED AS THE EXECUTIVE EDITOR OF A LANDMARK BOOK ON EXPANDED LEARNING AND ENRICHMENT AFTERSCHOOL AND SUMMERS, EXPANDING MINDS AND OPPORTUNITIES THAT IS BEING NOW USED ACROSS AMERICA BY SCHOOLS AND COMMUNITY AND YOUTH GROUPS.LIBRARIES-A NEW DIGITAL PUBLIC HISTORY PROJECT, THE LOWCOUNTRY DIGITAL HISTORY INITIATIVE LAUNCHED AT THE COLLEGE OF CHARLESTON, PART OF AN EMERGING FIELD THAT IS REVOLUTIONIZING THE ACCESSIBILITY OF HISTORY SCHOLARSHIP HELPS TELL THE COMPLEX MULTICULTURAL HISTORY OF SOUTH CAROLINA. THE PROJECT SIGNALS THE COLLEGES FIRST LARGE-SCALE OFFERING IN DIGITAL PUBLIC HISTORY, A GROWING AREA OF HISTORY EDUCATION THAT COMBINES THE SCHOLARLY RESEARCH OF ACADEMIC WORKS WITH THE VISUAL IMAGERY, ARCHIVAL MATERIALS, AND ACCESSIBLE HISTORICAL CONTEXT ASSOCIATED WITH MUSEUM EXHIBITS IN AN ONLINE PLATFORM. THE COLLEGE IS ALSO ONE OF SIX ORGANIZATIONS TO BE PART OF THE DIGITAL PUBLIC LIBRARY OF AMERICA LAUNCH.-THE COLLEGE OF CHARLESTONS AVERY RESEARCH CENTER FOR AFRICAN AMERICAN HISTORY AND CULTURE PRESENTED THE EXHIBITION UNENSLAVED- RICE CULTURE PAINTING BY JONATHAN GREEN. THE EXHIBITION FEATURED 25 OF GREENS ORIGINAL WORKS THAT HIGHLIGHT THE PROMINENCE AND PREVALENCE OF RICE AND ITS LASTING IMPACT ON CULTURE IN THE SOUTH CAROLINA LOWCOUNTRY.-ACCLAIMED WAR CORRESPONDENT AND ACADEMY AWARD NOMINEE SEBASTIAN JUNGER SPOKE TO STUDENTS AND MEMBERS OF THE COLLEGE COMMUNITY AT A FRIENDS OF THE LIBRARY EVENT. THE EVENT ALSO MARKED THE LAUNCH OF THE COLLEGES FIRST DONOR-FUNDED SCHOLARSHIP TO BENEFIT VETERANS. SCHOOL OF THE ARTS-THE HALSEY INSTITUTE OF CONTEMPORARY ART AT THE COLLEGE OF CHARLESTON CONSISTENTLY ATTRACTS WORLD-FAMOUS ARTISTS TO FEATURE THEIR WORK, INCLUDING JASPER JOHNS AND SHEPARD FAIREY. -ARTS MANAGEMENT MAJORS IN THE SCHOOL OF THE ARTS CAN NOW SELECT THE MUSIC INDUSTRY CONCENTRATION, WHICH INCLUDES FIVE COURSES AND A REQUIRED INTERNSHIP. COURSES INCLUDE INTRODUCTION TO THE MUSIC INDUSTRY, LEGAL ASPECTS OF THE ENTERTAINMENT INDUSTRY, MUSIC IN THE MARKETPLACE, AND MORE.NORTH CAMPUS-THE COLLEGE INITIATED A NEW BACHELORS DEGREE COMPLETION PROGRAM DEVELOPED SPECIFICALLY TO MEET THE NEEDS OF ADULT LEARNERS IN SOUTH CAROLINA. THE BACHELOR OF PROFESSIONAL STUDIES (BPS) PROGRAM COMBINES ONLINE AND ON-SITE CLASSES IN AN EFFORT TO ACCOMMODATE THE BUSY LIVES OF WORKING PROFESSIONALS.SCHOOL OF LANGUAGES, CULTURES, AND WORLD AFFAIRS-THE COLLEGE OF CHARLESTONS INTERNATIONAL SCHOLARS PROGRAM, WHICH WELCOMED ITS FIRST COHORT IN 2012, IS DESIGNED FOR STUDENTS WHO ARE COMMITTED TO FINDING SOLUTIONS TO CRITICAL GLOBAL ISSUES AND WHO WANT TO BE COMFORTABLE MOVING BETWEEN DIFFERENT CULTURES AND LANGUAGES. THE PROGRAM IS A PARTNERSHIP BETWEEN THE HONORS COLLEGE AND THE SCHOOL OF LANGUAGES, CULTURES, AND WORLD AFFAIRS. HIGH-ACHIEVING STUDENTS IN THIS PROGRAM ARE RAISING THE BAR FOR STUDENT ACCOMPLISHMENTS AT THE COLLEGE. A FEW EXAMPLES: -CHRIS JACKSON ATTENDED THE FULBRIGHT INSTITUTE -MADELINE EDWARDS WON A CRITICAL LANGUAGE SCHOLARSHIP FROM THE US STATE DEPARTMENT AND TRAVELED TO JORDAN TO STUDY ARABIC IN JUNE. -EDEN KATZ, PUT TOGETHER A TRIP TO GHANA TO WORK ON WATER PURIFICATION. SHE WON OVER $1,500.00 OF SCHOLARSHIP TO HELP DEFRAY THE COST. THIS TRIP TO AFRICA WILL ALSO SATISFY HER INDEPENDENT STUDY REQUIREMENT IN THE HONORS COLLEGE. -THREE OF THE IS FELLOWS (JOSEPH QUISOL, OLIVIA GHIZ, KATIE BOOTH) WENT WITH THE DEAN OF THE HONORS COLLEGE TO HONDURAS OVER SPRING BREAK AND DID ALL THE DATA COLLECTION FOR A NONPROFIT GROUP WORKING WITH LOCAL SCHOOLS. -THE JEWISH STUDIES A TIME TO BUILD CAMPAIGN, RAISED THE ONE MILLION DOLLARS REQUIRED IN PRIVATE FUNDS TO COMBINE WITH THE FOUR MILLION DOLLARS THE COLLEGE CONTRIBUTED TO BUILD THE EXPANSION TO THE SYLVIA VLOSKY YASCHIK JEWISH STUDIES CENTER. THE EXPANSION WILL INCLUDE THE ENTIRE FIRST FLOOR DEDICATED TO A VEGETARIAN DINING HALL WHICH WILL SATISFY BOTH ETHICAL EATERS AND STUDENTS WHO KEEP KOSHER. WHEN COMPLETED (ANTICIPATED IN 2015), THE NEW FACILITY WILL DOUBLE THE SIZE OF THE EXISTING JEWISH STUDIES CENTER.-THE PEARLSTINE-LIPOV CENTER FOR SOUTHERN JEWISH HISTORY AND CULTURE WAS ESTABLISHED BY EDWIN PEARLSTINE AND HIS FAMILY TO SUPPORT OPERATING EXPENSES, COMMUNITY PROGRAMMING, SUMMER STUDY OPPORTUNITIES AND OTHER ACTIVITIES ASSOCIATED WITH THE JEWISH HERITAGE COLLECTION AND THE ACADEMIC CURRICULUM OF JEWISH STUDIES AT THE COLLEGE OF CHARLESTON. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,140,637 | ExpenseAmt |
| Grant | $202,497 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSSCHOLARSHIPS AND AWARDSTHE FOUNDATION PROVIDED $2,941,105 IN FINANCIAL AID TO SUPPORT STUDENTS AT THE COLLEGE OF CHARLESTON. THIS FINANCIAL AID INCLUDES ACADEMIC, MERIT, AND TRAVEL ABROAD SCHOLARSHIP FUNDING. IN ADDITION, $199,532 WAS PROVIDED IN ACADEMIC AND MERIT ACHIEVEMENT AWARDS. NEARLY 1,200 STUDENTS WERE BENEFICIARIES OF THE FINANCIAL AID AND ACADEMIC/MERIT ACHIEVEMENT AWARDS.THE AMOUNT OF SCHOLARSHIP SUPPORT PROVIDED WAS INCREASED BY 12% OVER LAST YEAR. THIS REMAINS ALIGNED WITH THE COLLEGE OF CHARLESTON STRATEGIC PLAN, WHICH INCLUDES A PROVISION TO INCREASE THE AMOUNT OF MERIT-BASED AND NEED-BASED SCHOLARSHIP FUNDING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,838,714 | 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 | Yes (1) | 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 | 0 | 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 |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 146 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 5 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 34 | 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8439537458 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 GEORGE ST | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29424 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| SHARON B KINGMAN | |||||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| HILTON C SMITH JR | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JEFFERY E KINARD | |||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JOHN H TILLER ESQ | |||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| DR RENEE ANDERSON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM S ASBILL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES BAKER III | |||||||||
| 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 | ||||
| DIANNE M CULHANE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR DENNIS J ENCARNATION | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT L FREEMAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KENNETH S GUSTAFSON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| H THOMAS HALLBERG | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DOROTHY G HARRISON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| FLEETWOOD S HASSELL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID M HAY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| A J HEATH | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AMY L HEYEL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEAN W JOHNSON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN R KERRIGAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| EDWARD E LEGASEY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ARLINDA F LOCKLEAR ESQ | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BRADFORD MARSHALL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RALPH F MARTINO | |||||||||
| 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 | ||||
| HELLENE S RUNTAGH | |||||||||
| 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 | ||||
| STEVE D SWANSON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY M WEINGARTEN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| TOMI G YOUNGBLOOD | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE P WATT JR | |||||||||
| EVP COFC/EXEC DIR OF FOUND | 20.00 | Yes (X) | $97,104 | $186,604 | $1,047 | 20.00 | |||
| K TRACEY BIBLE | |||||||||
| DIRECTOR OF FINANCIAL SERV | 20.00 | Yes (X) | $0 | $0 | $0 | 20.00 | |||
| P GEORGE BENSON | |||||||||
| PRESIDENT OF COFC | 20.00 | $234,894 | $174,564 | $47,807 | 20.00 | Yes (X) | |||
| GEORGE HYND | |||||||||
| PROVOST COFC | 5.00 | $25,000 | $248,702 | $11,920 | 35.00 | Yes (X) | |||
| ALAN SHAO | |||||||||
| DEAN, SCHOOL OF BUS. COFC | 10.00 | $61,800 | $229,948 | $5,163 | 30.00 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $418,798 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $839,818 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $65,937 | 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 (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARAMARK | |||||
| 66 GEORGE STREET | CHARLESTON | SC | 29424 | CATERING SERVICES | $404,335 |
| USWATERCRAFT LLC | |||||
| 373 MARKET STREET | WARREN | RI | 02885 | BOATS | $265,400 |
| BB&T FINANCIAL FSB | |||||
| 151 MEETING STREET | CHARLESTON | SC | 29401 | BANKING & FINANCIAL SERVICES | $136,487 |
| HAYNSWORTH SINKLER BOYD PA | |||||
| 134 MEETING STREET | CHARLESTON | SC | 29402 | LEGAL SERVICES | $127,082 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $46,367 | FundraisingAmt |
| All Other Contributions | $10,005,355 | AllOtherContributionsAmt |
| Noncash Contributions | $273,652 | NoncashContributionsAmt |
| Total Contributions | $10,051,722 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,405,990 | TotalRevenueColumnAmt |
| Exclusion | $5,405,990 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $820,841 | 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 | $820,841 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $820,841 | TotalRevenueColumnAmt |
| Exclusion | $820,841 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $36,237,310 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $36,253,497 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$16,187 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$16,187 | TotalRevenueColumnAmt |
| Exclusion | -$16,187 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $38,938 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $46,367 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $50,604 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$11,666 | TotalRevenueColumnAmt |
| Exclusion | -$11,666 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $4,165 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,165 | TotalRevenueColumnAmt |
| Exclusion | $4,165 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 900099 | $209,602 | $209,602 |
| LICENSE TAG INCOME | 900099 | $8,680 | $8,680 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $218,282 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,473,147 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,421,425 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,185,041 | TotalAmt |
| Program Services | $4,185,041 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,497 | TotalAmt |
| Program Services | $202,497 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $331,998 | TotalAmt |
| Program Services | $234,894 | ProgramServicesAmt |
| Management And General | $48,552 | ManagementAndGeneralAmt |
| Fundraising | $48,552 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,260,390 | TotalAmt |
| Program Services | $1,474,867 | ProgramServicesAmt |
| Management And General | $166,660 | ManagementAndGeneralAmt |
| Fundraising | $618,863 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,995 | TotalAmt |
| Program Services | $75,995 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $329,833 | TotalAmt |
| Program Services | $136,125 | ProgramServicesAmt |
| Management And General | $31,308 | ManagementAndGeneralAmt |
| Fundraising | $162,400 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,944 | TotalAmt |
| Management And General | $18,830 | ManagementAndGeneralAmt |
| Fundraising | $46,114 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,490 | TotalAmt |
| Program Services | $23,380 | ProgramServicesAmt |
| Management And General | $76,127 | ManagementAndGeneralAmt |
| Fundraising | $10,983 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,037 | TotalAmt |
| Fundraising | $28,037 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,745 | TotalAmt |
| Fundraising | $26,745 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $682,743 | TotalAmt |
| Program Services | $433,365 | ProgramServicesAmt |
| Management And General | $64,815 | ManagementAndGeneralAmt |
| Fundraising | $184,563 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,948 | TotalAmt |
| Program Services | $83,278 | ProgramServicesAmt |
| Management And General | $3,575 | ManagementAndGeneralAmt |
| Fundraising | $14,095 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $955,561 | TotalAmt |
| Program Services | $654,697 | ProgramServicesAmt |
| Management And General | $233,991 | ManagementAndGeneralAmt |
| Fundraising | $66,873 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,010 | TotalAmt |
| Management And General | $8,626 | ManagementAndGeneralAmt |
| Fundraising | $85,384 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,911 | TotalAmt |
| Program Services | $95,500 | ProgramServicesAmt |
| Management And General | $67,411 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $431,997 | TotalAmt |
| Program Services | $334,383 | ProgramServicesAmt |
| Management And General | $11,238 | ManagementAndGeneralAmt |
| Fundraising | $86,376 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $765,330 | TotalAmt |
| Program Services | $623,396 | ProgramServicesAmt |
| Management And General | $29,979 | ManagementAndGeneralAmt |
| Fundraising | $111,955 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,938 | TotalAmt |
| Program Services | $186,323 | ProgramServicesAmt |
| Management And General | $91,721 | ManagementAndGeneralAmt |
| Fundraising | $6,894 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,536 | TotalAmt |
| Management And General | $20,536 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| STUDENT DEVELOPMENT | $49,793 | $49,793 | ||
| RECRUITMENT | $47,926 | $45,145 | $2,781 | |
| PROFESSIONAL DEVELOPMEN | $11,856 | $35 | $7,696 | $4,125 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,224,519 | TotalAmt |
| Program Services | $8,838,714 | ProgramServicesAmt |
| Management And General | $877,494 | ManagementAndGeneralAmt |
| Fundraising | $1,508,311 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $402,093 | BOYAmt |
| EOY | $509,572 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,406 | BOYAmt |
| EOY | $179,310 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,666,861 | BOYAmt |
| EOY | $7,322,202 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,560 | BOYAmt |
| EOY | $50,754 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,679 | BOYAmt |
| EOY | $28,485 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,485 | BOYAmt |
| EOY | $1,000,648 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,797,669 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,224,821 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,312,438 | BOYAmt |
| EOY | $5,572,848 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,902,971 | BOYAmt |
| EOY | $20,632,274 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,811,495 | BOYAmt |
| EOY | $62,084,963 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,482,163 | BOYAmt |
| EOY | $7,494,466 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,989 | BOYAmt |
| EOY | $60,989 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,929,140 | BOYAmt |
| EOY | $104,936,511 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $395,207 | BOYAmt |
| EOY | $631,383 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,333,880 | BOYAmt |
| EOY | $1,369,095 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $255,359 | BOYAmt |
| EOY | $1,140,952 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,984,446 | BOYAmt |
| EOY | $3,141,430 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,017,369 | BOYAmt |
| EOY | $10,247,722 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,823,253 | BOYAmt |
| EOY | $56,355,040 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,104,072 | BOYAmt |
| EOY | $35,192,319 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,944,694 | BOYAmt |
| EOY | $101,795,081 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,929,140 | BOYAmt |
| EOY | $104,936,511 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,248,628 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,988,311 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$386,552 | OtherChangesInNetAssetsAmt |
| 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 | $7,840,868 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,283,559 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,798,661 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,638,385 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,051,722 | CurrentTaxYearAmt |
| Total | $50,613,195 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,840,868 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,283,559 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,798,661 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,638,385 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,051,722 | CurrentTaxYearAmt |
| Total | $50,613,195 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $647,534 | SubstantialContributorsTotAmt |
| Public Support Total170 | $49,965,661 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$2,636,274 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,246,520 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,935,407 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,933,022 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,226,831 | CurrentTaxYearAmt |
| Total | $11,705,506 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,116,648 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,270,994 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $648,464 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $284,895 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $241,113 | CurrentTaxYearAmt |
| Total | $4,562,114 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $66,880,815 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $13,828 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.74710 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83410 | 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 | $7,494,466 | 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 | $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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,524,235 | BeginningYearBalanceAmt |
| Contributions | $4,407,649 | ContributionsAmt |
| Investment Earnings Or Losses | $8,142,737 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,898,169 | OtherExpendituresAmt |
| End Year Balance | $56,176,452 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,907,383 | BeginningYearBalanceAmt |
| Contributions | $2,082,900 | ContributionsAmt |
| Investment Earnings Or Losses | -$852,185 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $821,443 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$397,104 | OtherExpendituresAmt |
| Administrative Expenses | $189,524 | AdministrativeExpensesAmt |
| End Year Balance | $45,524,235 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01580 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.48040 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.50380 | 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 | $3,053,911 | OtherCostOrOtherBasisAmt |
| Book Value | $3,053,911 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,524,126 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,198,872 | DepreciationAmt |
| Book Value | $1,325,254 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,710,882 | OtherCostOrOtherBasisAmt |
| Depreciation | $819,095 | DepreciationAmt |
| Book Value | $891,787 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $508,750 | OtherCostOrOtherBasisAmt |
| Depreciation | $206,854 | DepreciationAmt |
| Book Value | $301,896 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,572,848 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TIFF KEYSTONE FUND | Desc |
| Book Value | $62,084,963 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $62,084,963 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLECTIONS OF ART AND HISTORICAL TREASURES | Desc |
| Book Value | $7,494,466 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $7,494,466 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $240,952 |
| LINE OF CREDIT | $900,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,140,952 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $18,961,348 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,988,311 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$300,649 | OtherRevenueAmt |
| Revenue Not Reported | $2,687,662 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,273,686 | RevenueSubtotalAmt |
| Other Revenues Not Included | $199,461 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $199,461 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $16,473,147 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,110,961 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $85,903 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $85,903 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,025,058 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $199,461 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $199,461 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,224,519 | 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 500 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED 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, 2014. FISCAL YEARS ON OR AFTER JUNE 30, 2011 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 -32,170. FUNDRAISING EXPENSES INCLUDED IN REVENUE 50,688. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE -319,167. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES NET WITH REVENUE 199,461. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES INCLUDED IN REVENUE 50,688. CHANGE IN VALUE OF MARINE GENOMICS ENDOWMENT 35,215. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES NETTED WITH REVENUE 199,461. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE | RegionTxt |
| Offices | 1 | OfficesCnt |
| 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 | $41,000 | 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 | $41,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $41,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRENZEBACH GLIER & ASSOCIATES | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 N MICHIGAN AVE STE 2800 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | COMPREHENSIVE CAMPAIGN CONSULTATION, NO SOLICITATION OF FUND | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $28,037 | RetainedByContractorAmt |
| Net To Organization | -$28,037 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $28,037 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$28,037 | TotalNetToOrganizationAmt |
| Licensed States | SC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | REACH PROGRAM GALA & GOLF TOURNAMEN | NameOfEvent1Amt |
| Gross Receipts Event1 | $33,290 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $8,077 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $25,213 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $10,767 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | AN EVENING WITH SEBASTIAN JUNGER | NameOfEvent2Amt |
| Gross Receipts Event2 | $35,800 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $23,000 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $12,800 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $35,943 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $16,215 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $15,290 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $925 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $3,974 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $85,305 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $46,367 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $38,938 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $50,684 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $50,684 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$11,746 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| COLLEGE OF CHARLESTON | |||||||
| 66 GEORGE ST | CHARLESTON | SC | 29424 | 576000265 | IRC 115 | $4,143,554 | 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 | $115,000 | 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. FOR THE FISCAL YEAR JULY 1, 2013 - JUNE 30, 2014 THE FOUNDATION PAID THE ALUMNI ASSOCIATION $115,000 IN ACCORDANCE WITH THE MOU. |
| COLLEGE OF CHARLESTON COUGAR CLUB | |||||||
| 307 MEETING ST | CHARLESTON | SC | 29401 | 570640443 | 501C3 | $2,750 | COLLEGE OF CHARLESTON COUGAR CLUB: THE COUGAR CLUB AT THE COLLEGE OF CHARLESTON IS THE FUND-RAISING ORGANIZATION FOR THE DEPARTMENT OF ATHLETICS, PROVIDING SUPPORT FOR STUDENT ATHLETES IN MEETING THEIR ACADEMIC AND ATHLETIC GOALS. THE COLLEGE OF CHARLESTON FOUNDATION MANAGES ENDOWMENT FUNDS WHICH ARE DESIGNATED FOR THE BENEFIT OF ATHLETICS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| ACADEMIC & ACHIEVEMENT AWARDS | 280 | $200,697 |
| STUDENT EMERGENCY ASSISTANCE | 4 | $1,800 |
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) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 | $186,604 | $0 | $0 | $7,104 | $0 | $0 | $0 | $0 | $1,047 | $97,104 | $187,651 | $0 | $0 |
| P GEORGE BENSON | ||||||||||||||
| PRESIDENT OF COFC | $200,000 | $166,585 | $0 | $0 | $34,894 | $7,979 | $34,894 | $0 | $0 | $12,913 | $269,788 | $187,477 | $0 | $0 |
| GEORGE HYND | ||||||||||||||
| PROVOST COFC | $25,000 | $241,816 | $0 | $0 | $0 | $6,886 | $0 | $0 | $0 | $11,920 | $25,000 | $260,622 | $0 | $0 |
| ALAN SHAO | ||||||||||||||
| DEAN, SCHOOL OF BUS. COFC | $61,800 | $229,929 | $0 | $0 | $0 | $19 | $0 | $0 | $0 | $5,163 | $61,800 | $235,111 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | MILEAGE FROM CHARLESTON TO ATLANTA WAS REIMBURSED TO THE PRESIDENT'S WIFE (MRS. BENSON). THE EXPENSES WERE CONSISTENT WITH THE FOUNDATION'S POLICY. |
| PART I, LINE 4B | 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. 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 A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN FOR 2013, AS FOLLOWS. P. GEORGE BENSON: $34,894 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 28 | ContributionCnt |
| Noncash Contributions Rpt F990 | $135,482 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $12,303 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Archaeological Artifacts ArchaeologicalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $62,423 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | 2 GRAND PIANO | 2 | $46,450 | FAIR MARKET VALUE |
| Yes (X) | FERRAGHAN HAN | 1 | $11,440 | FAIR MARKET VALUE |
| Yes (X) | BONE MINERAL | 1 | $4,000 | FAIR MARKET VALUE |
| Yes (X) | OTHER | 1 | $1,554 | 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 |
|---|---|
| 990, PART III, LINE 4A CONTINUED | INTERDISCIPLINARY PROGRAMS -CONSTRUCTION BEGAN ON TWO FIELD RESEARCH STATIONS AT DIXIE PLANTATION. THE STATIONS ARE DESIGNED TO SUPPORT ENVIRONMENTAL SCIENCE RESEARCH AND INSTRUCTION, AND THEY WILL ACCOMMODATE STUDENTS AND FACULTY FROM THE COLLEGES UNDERGRADUATE AND GRADUATE PROGRAMS IN ENVIRONMENTAL SCIENCES, BIOLOGY AND ARCHEOLOGY. THE FIELD RESEARCH COMPONENT ESTABLISHES A BASE FOR GENERATING ENVIRONMENTAL, SUSTAINABILITY AND CONSERVATION SCIENCE, WHILE ALSO PRESERVING THE PROPERTYS NATURAL SPLENDOR. RESEARCH CONDUCTED AT DIXIE PLANTATION WILL CONTINUE TO HAVE A PROFOUND IMPACT AND PROVIDE SOLUTIONS TO NATIONAL ENVIRONMENTAL CHALLENGES SUCH AS COASTAL POLLUTION, WATER ECOLOGY, AND SUSTAINABILITY. A PRIVATE DONOR CONTRIBUTED $1M TO THE PROJECT, AND THE COLLEGE PROVIDED THE REMAINDER OF THE FUNDING. -THE COLLEGE OF CHARLESTON HAS ONE OF THE ONLY UNDERGRADUATE PUBLIC HEALTH MAJORS IN THE COUNTRY THAT OFFERS BOTH B.S. AND B.A. DEGREE OPTIONS. GRADUATES IN THIS INTERDISCIPLINARY PROGRAM ARE PREPARED FOR A WIDE RANGE OF CAREERS AT INSTITUTIONS SUCH AS THE U.S. CENTERS FOR DISEASE CONTROL AND THE WORLD HEALTH ORGANIZATION. -THE GOLDEN PEARL FOUNDATION IS A PROUD PARTNER OF THE HEIRLOOM GARDEN PROJECT AT DIXIE PLANTATION LED BY COLLEGE OF CHARLESTON SOCIOLOGY PROFESSOR TRACEY BURKETT AND HER STUDENTS AS WELL AS THE GARDEN RESTORATION PROJECT AT DIXIE PLANTATION. -TEN COLLEGE OF CHARLESTON STUDENTS PRESENTED RESEARCH AT THE ANNUAL COLONIAL ACADEMIC ALLIANCE UNDERGRADUATE RESEARCH CONFERENCE IN TOWSON, MD. THESE SCHOLARS REPRESENT THE BEST RESEARCH PAPERS SUBMITTED BY STUDENTS FROM ALL MAJORS. THE CONFERENCE IS THE SIGNATURE ACADEMIC AND OUTREACH EVENT SPONSORED BY THE ALLIANCE, UNDER THE AUSPICES OF THE COLONIAL ATHLETIC ASSOCIATION, OF WHICH THE COLLEGE IS A NEW MEMBER IN 2013-14. HONORS COLLEGE -COLLEGE OF CHARLESTON SOPHOMORE SARAH LEGENDRE PARTICIPATED IN A FULBRIGHT SUMMER INSTITUTE, ONE OF THE MOST PRESTIGIOUS AND SELECTIVE SUMMER SCHOLARSHIP PROGRAMS OPERATING WORLDWIDE. LEGENDRE, AN HONORS COLLEGE STUDENT AND DOUBLE MAJOR IN GEOLOGY AND ARCHAEOLOGY, SPENT FOUR WEEKS AT DURHAM UNIVERSITY IN THE UK. -MORE THAN 30 TEAMS OF COLLEGE OF CHARLESTON STUDENTS AND FACULTY MENTORS CONDUCTED RESEARCH DURING THE SUMMER AS PART OF THE SUMMER UNDERGRADUATE RESEARCH WITH FACULTY (SURF) GRANT PROGRAM. TEAMS INVESTIGATED EVERYTHING FROM HUMAN IMMUNOLOGY TO THE EFFECTS OF CAFFEINE AND THE PROSE OF HART CRANE. STUDENTS ARE SUBMERGED IN THE RESEARCH PROCESS, WHICH PREPARES THEM FOR ADMISSION TO TOP GRADUATE SCHOOLS AND COMPETITIVE JOBS. IN MANY CASES, THESE TEAMS PUBLISH THEIR RESULTS IN PROFESSIONAL JOURNALS AND PRESENT RESULTS AT DISCIPLINARY CONFERENCES. GRADUATE SCHOOL -STUDENTS IN THE JOINT COLLEGE OF CHARLESTON AND THE CITADEL MASTERS DEGREE IN COMPUTER AND INFORMATION SCIENCES PROGRAM ARE NOW ABLE TO SELECT A SPECIALIZATION IN CYBERSECURITY. THE NEW SPECIALIZATION REQUIRES STUDENTS TO TAKE COURSES IN ADVANCED CYBERSECURITY, ADVANCED OPERATING SYSTEMS, DATA COMMUNICATIONS AND NETWORKING, AND PRIVACY AND SECURITY ISSUES. THE NSA CAE IN CYBER OPERATIONS REQUIREMENTS SPECIFY THE TOPICS THAT MUST BE COVERED IN COURSES. THEY INCLUDE LOW-LEVEL PROGRAMMING LANGUAGES, SOFTWARE REVERSE ENGINEERING, OPERATING SYSTEM THEORY, NETWORKING, CELLULAR AND MOBILE COMMUNICATIONS, DISCRETE MATH, LEGAL ISSUES, SECURITY FUNDAMENTALS AND VULNERABILITIES. MULTIDISCIPLINARY SCHOLARSHIPS -THE COLLEGE OF CHARLESTON ESTABLISHED THE COCA-COLA FIRST GENERATION SCHOLARS PROGRAM. IT IS THE FIRST-EVER SCHOLARSHIP PROGRAM DEVOTED TO ENSURING ACCESS FOR HIGHLY QUALIFIED FIRST GENERATION STUDENTS AT THE COLLEGE. FIVE SOUTH CAROLINA STUDENTS RECEIVED $5,000 PER YEAR FOR FOUR YEARS TO ASSIST WITH TUITION AND FEES. -THE HARRY AND REBA HUGE FOUNDATION ESTABLISHED FOUR ANNUAL STUDY-ABROAD SCHOLARSHIPS FOR STUDENTS AT THE COLLEGE OF CHARLESTON. THEIR $500,000 GIFT ALSO SUPPORTED FOUR MERIT SCHOLARSHIPS IN THE HONORS COLLEGE AND A MUSIC SCHOLARSHIP IN THE SCHOOL OF THE ARTS AT THE COLLEGE OF CHARLESTON. THE FIRST STUDY-ABROAD SCHOLARSHIPS WERE AWARDED IN SUMMER 2014. THE GIFT ALSO CREATES AN ELITE GROUP OF HUGE SCHOLARS WHO ARE DISTINGUISHED BY EXTRAORDINARY ACADEMIC TALENT, LEADERSHIP POTENTIAL, AND COMMUNITY SERVICE. THE INAUGURAL CLASS OF FOUR HUGE SCHOLARS ARRIVED IN THE FALL OF 2013 AS PART OF THE HONORS COLLEGE AND THE WILLIAM AIKEN FELLOWS SOCIETY, THE COLLEGES TOP SCHOLARS. THE REBA KINNE HUGE AWARD IN MUSIC WILL RECOGNIZE AN ACCOMPLISHED MUSIC MAJOR IN THE SCHOOL OF THE ARTS STARTING IN FALL OF 2013. THE AWARD MAY BE USED TO SUPPLEMENT SCHOLARSHIP SUPPORT OR BE USED AS A TRAVEL STIPEND FOR NATIONAL AND INTERNATIONAL PERFORMANCES AND COMPETITIONS. -R. KEITH SAULS 1990 ESTABLISHED THE BOUNDLESS OPPORTUNITY ENDOWED SCHOLARSHIP TO PROVIDE SCHOLARSHIPS TO UNDERGRADUATE STUDENTS FROM UNDERREPRESENTED POPULATIONS WHO DEMONSTRATE FINANCIAL NEED. THE SCHOLARSHIP WAS ESTABLISHED TO ENCOURAGE THE COLLEGES INITIATIVES TO SUPPORT A DIVERSE STUDENT BODY. BY ENCOURAGING DIVERSITY AND LEADERSHIP QUALITIES IN COLLEGE OF CHARLESTON STUDENTS, IT IS THE DONORS INTENT IS TO HELP ADVANCE THE COLLEGES EFFORTS TO CULTIVATE AND GROW THE DIVERSE LEADERS OF TOMORROW. |
| FORM 990, PART V, PAGE 5, LINE 2A | THE FOUNDATION COMPENSATED 29 EMPLOYEES DURING THE YEAR. 5 OF THOSE EMPLOYEES WERE PAID IN PART BY THE COLLEGE OF CHARLESTON FOUNDATION, AND WERE REFLECTED ON THE FOUNDATION'S FORM W-3. THE REMAINDER OF THE EMPLOYEES FOR THE FOUNDATION WERE PAID BY THE COLLEGE OF CHARLESTON, AND THEIR SALARY EXPENSE WAS REIMBURSED BY THE FOUNDATION TO THE COLLEGE OF CHARLESTON. |
| 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 AUDIT COMMITTEE MEMBERS REVIEWED THE FORM AND SUPPORTING SCHEDULES. FOLLOWING REVIEW BY THE COMMITTEE, THE CHAIR OF THE AUDIT COMMITTEE PRESENTED A SUMMARY REVIEW OF THE 990 TO THE BOARD. THE BOARD DOCUMENTED THIS REVIEW IN THE MEETING MINUTES. THE FORM 990 WAS FILED WITH THE IRS FOLLOWING THE BOARD REVIEW. |
| 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 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 -32,170. CHANGE IN ALLOWANCE OF UNCOLLECTIBLE PROMISES TO GIVE -319,167. CHANGE IN VALUE OF MARINE GENOMICS ENDOWMENT -35,215. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE OF CHARLESTON | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 GEORGE ST | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29424 | ZIPCode |
| 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 (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| COLLEGE OF CHARLESTON | |
| E | $1,369,095 |
| COLLEGE OF CHARLESTON | |
| J | $830,841 |
| COLLEGE OF CHARLESTON | |
| O | $967,487 |
| COLLEGE OF CHARLESTON | |
| P | $2,058,107 |