COLLEGE OF CHARLESTON FOUNDATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- COLLEGE OF CHARLESTON FOUNDATION (EIN 23-7069236)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-12-10
- IRS object ID
- 201523449349300212
- Schema version
- 2014v5.0
- 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 | 2015-12-10T09:31:41-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | 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 | 2014-07-01 | 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 | 2015-12-10 | 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 | 2014 | 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 | AddressLine1Txt |
| City | CHARLESTON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29424 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $19,134,398 | 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 | 7 | TotalEmployeeCnt |
| Total Volunteers | 37 | TotalVolunteersCnt |
| Total Gross UBI | $5,548 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $4,548 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,051,722 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,998,272 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,389,803 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,173,302 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,031,622 | PYOtherRevenueAmt |
| CY Other Revenue | $1,102,500 | CYOtherRevenueAmt |
| PY Total Revenue | $16,473,147 | PYTotalRevenueAmt |
| CY Total Revenue | $13,274,074 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,387,538 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,177,887 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,063,160 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,716,374 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $28,037 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,556,601 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,745,784 | PYOtherExpensesAmt |
| CY Other Expenses | $5,739,634 | CYOtherExpensesAmt |
| PY Total Expenses | $11,224,519 | PYTotalExpensesAmt |
| CY Total Expenses | $12,633,895 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,248,628 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $640,179 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $104,936,511 | TotalAssetsBOYAmt |
| Total Assets EOY | $104,788,472 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,141,430 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,403,685 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $101,795,081 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $102,384,787 | 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 | $7,194,356 | ExpenseAmt |
| Grant | $3,972,190 | 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:HONORS COLLEGE-1989 ALUMS STEVE AND EMILY SWANSON, WHO ESTABLISHED THE SWANSON FAMILY SCHOLARSHIP PROGRAM ISSUED A MATCHING GIFT CHALLENGE TO INCREASE THE SCHOLARSHIP FUNDING AVAILABLE TO SWANSON SCHOLAR-ELIGIBLE STUDENTS -- SELECT STUDENTS IN THE WILLIAM AIKEN FELLOWS SOCIETY. SWANSON SCHOLARS PARTICIPATE IN A RIGOROUS ACADEMIC CURRICULUM AND A VARIETY OF SUMMER ENRICHMENT PROGRAMS, LEADERSHIP COURSES, ONE-ON-ONE FACULTY MENTORING, PUBLIC SERVICE ACTIVITIES IN THE UNITED STATES OR ABROAD, AS WELL AS RESEARCH OR BUSINESS INTERNSHIP OPPORTUNITIES ACROSS THE GLOBE. THE CHALLENGE GARNERED COMMITMENTS FROM TWO FELLOW ALUMNI DURING THIS FISCAL YEAR. ADDITIONALLY, THE SWANSONS AGREED TO MATCH FUNDS GIVEN TOWARD THE R.I.S.E. ENDOWED SCHOLARSHIP FUND, WHICH PROVIDES SCHOLARSHIPS TO HONORS COLLEGE STUDENTS WHO QUALIFY FOR THE SWANSON SCHOLARS PROGRAM WITH DEMONSTRATED FINANCIAL NEED. THE SCHOLARSHIP FUND WAS ESTABLISHED IN THIS FISCAL YEAR THROUGH A GENEROUS GIFT FROM BEN '02 AND SARA '02 DEWOLF. R.I.S.E. STANDS FOR RECOGNIZING INTELLIGENCE, STRENGTH, AND ENGAGEMENT, AND STUDENTS AWARDED THIS SCHOLARSHIP ARE EXPECTED TO EXHIBIT THESE QUALITIES.SCHOOL OF SCIENCES AND MATHEMATICS-FORMER CHAIR OF THE DEPARTMENT OF PHYSICS AND ASTRONOMY, ROBERT DUKES, ESTABLISHED A SCHOLARSHIP TO RECRUIT ASTROPHYSICS STUDENTS TO THE COLLEGE OF CHARLESTON. THE COLLEGE IS THE ONLY SCHOOL IN SOUTH CAROLINA THAT OFFERS AN UNDERGRADUATE DEGREE IN ASTROPHYSICS.SCHOOL OF HUMANITIES AND SOCIAL SCIENCES-THE KETNER EMERGING LEADERS SCHOLARSHIP FUND WAS ESTABLISHED IN 2007 TO REWARD, ENCOURAGE AND PROMOTE LEADERSHIP AND ACTION AMONG STUDENTS. THE INTENT IS TO INSPIRE AND FINANCIALLY AID STUDENTS WHO ARE ACTIVELY ENGAGED IN CREATING AND PROMOTING POSITIVE CHANGE LOCALLY, NATIONALLY, AND GLOBALLY. THIS FISCAL YEAR, THE DONOR LINDA KETNER PROVIDED A PLANNED GIFT TO ENSURE THAT THE KETNER EMERGING LEADERS SCHOLARSHIP FUND CONTINUES IN PERPETUITY. IT IS HER WISH THAT THROUGH THIS SCHOLARSHIP AND THE EXPERIENCES THAT RECIPIENTS HAVE AT THE COLLEGE, THAT THESE SCHOLARS ARE NOT SIMPLY VOLUNTEERS BUT ARE INSTEAD CHANGE AGENTS, IDENTIFYING SOCIAL PROBLEMS IN THEIR WORLD AND DEVISING STEPS TO MAKE IMPACT. THE RECIPIENTS THAT HAVE BENEFITED FROM THIS SCHOLARSHIP SINCE INCEPTION HAVE ACHIEVED GREAT PROFESSIONAL SUCCESS AS A RESULT OF RECEIVING THE OPPORTUNITIES THIS SCHOLARSHIP MADE POSSIBLE. SCHOOL OF BUSINESS-SIX TEAMS OF STUDENTS REPRESENTING THREE UNIVERSITIES (THE COLLEGE, THE UNIVERSITY OF TARTU IN ESTONIA AND NEBRASKA WESLEYAN UNIVERSITY) WENT HEAD-TO-HEAD IN A PITCH CONTEST AS THE CULMINATION OF THE NGAL (NETWORK GLOBALLY, ACT LOCALLY) PROGRAM. WHEN THE RESULTS WERE TALLIED, THE WINNER WAS SPARKY.COM, AN APP WHOSE CREATORS DESCRIBE IT AS "TINDER FOR DOGS." SPARKY ENABLES DOG OWNERS TO CONNECT WITH ONE ANOTHER IN ORDER TO SET UP PLAY DATES FOR THEIR PETS. TEAM SPARKY WON $3,000 THOUGH THE ANTICIPATED PRIZE AT THE BEGINNING OF THE PITCH EVENT WAS $1,000. WHILE THE JUDGES WERE CONFERRING, HARRY HUGE OF THE HARRY AND REBA HUGE FOUNDATION (A PRINCIPAL SUPPORTER OF NGAL) DONATED AN ADDITIONAL $7,000 SO THAT WINNING TEAM COULD TAKE HOME $3,000 AND EACH OF THE OTHER FIVE TEAMS WOULD TAKE HOME $1,000.-THE SCHOOL OF BUSINESS BOARD OF GOVERNORS HAS ISSUED A CHALLENGE TO RAISE FUNDING TO ESTABLISH THE STUDENT ADVANCEMENT AND CAREER CENTER TO ASSIST BUSINESS STUDENTS IN MAKING THE MOST OF THEIR COLLEGE YEARS IN PREPARATION FOR BEING READY TO WORK ONCE THEY GRADUATE. SINCE THE CHALLENGE WAS ISSUED, MANY ALUMNI AND MEMBERS OF THE BOARD OF GOVERNORS HAVE COMMITTED FINANCIAL RESOURCES TO THE CENTER, NEARLY $400,000.-ALSO TO ASSIST STUDENTS IN BEING READY TO WORK ONCE THEY GRADUATE, ARGUS SOFTWARE INC. CONTRIBUTED AN IN-KIND GIFT VALUED AT MORE THAN $1.1 MILLION OF REAL ESTATE-FOCUSED SOFTWARE TO THE CARTER REAL ESTATE CENTER. THIS SOFTWARE IS THE INDUSTRY GOLD STANDARD FOR DEALING IN COMMERCIAL REAL ESTATE.SCHOOL OF EDUCATION, HEALTH, AND HUMAN PERFORMANCE-MUTINDI NDNUNDA, A COLLEGE OF CHARLESTON PROFESSOR OF TEACHER EDUCATION, TRAVELED TO TANZANIA, WHERE SHE SPENT SEVERAL WEEKS WORKING WITH THE MUSLIM UNIVERSITY OF MOROGORO TO DEVELOP AND REVISE COURSES FOR ONLINE DELIVERY. HER PROJECT WAS FUNDED THROUGH A GRANT FROM THE CARNEGIE AFRICAN DIASPORA FELLOWSHIP PROGRAM.NDUNDA, WHO GREW UP IN KENYA AND ATTENDED UNIVERSITIES IN BOTH KENYA AND CANADA, THE TRIP TO TANZANIA IS A FAMILIAR ONE. SHE RECEIVED A FULBRIGHT SCHOLARSHIP TO WORK AT THE UNIVERSITY FOR 10 MONTHS IN 2012 AND 2013, DURING WHICH TIME NDUNDA FOCUSED ON TEACHING TECHNOLOGY AND MATH METHODS, AS WELL AS DEVELOPED AND IMPLEMENTED PROFESSIONAL LEARNING COMMUNITIES, OR PARTNERSHIPS BETWEEN GRADE SCHOOLS AND THE UNIVERSITY THESE LEARNING COMMUNITIES WERE MODELED ON THE SUCCESS OF A SIMILAR PROGRAM AT BURKE HIGH SCHOOL IN CHARLESTON. SHE ALSO FOCUSED ON IMPROVING STUDENT INSTRUCTION.-DR. AND MRS. EUGENE GANGAROSA ESTABLISHED THE DR. AND MRS. EUGENE GANGAROSA ENDOWED FUND FOR GLOBAL PUBLIC HEALTH TO PROVIDE SCHOLARSHIPS TO SUPPORT STUDENT PARTICIPATION IN GLOBAL PUBLIC HEALTH INTERNSHIPS, WITH A FOCUS ON SAFE WATER AND SANITATION. DR. GANGAROSA IS AN INTERNATIONAL EXPERT ON PUBLIC HEALTH AND IS AFFILIATED WITH THE CENTERS FOR DISEASE CONTROL.LIBRARIES-THE FRIENDS OF THE LIBRARY AT THE COLLEGE OF CHARLESTON TOOK PART IN A SERIES OF EVENTS HONORING SARAH AND ANGELINA GRIMK, THE PROGRESSIVE 19TH CENTURY CHARLESTONIAN SISTERS RENOWNED FOR THEIR FEMINIST AND ABOLITIONIST ACTIVISM. THE COLLEGE'S SPECIAL COLLECTIONS HOLDS THE GRIMK FAMILY PAPERS (1678-1977), WHICH CONTAIN MATERIALS FROM THE GRIMK SISTERS AS WELL THEIR ANCESTORS AND DESCENDANTS. SARAH GRIMK (1792 - 1873) AND ANGELINA GRIMK WELD (1805 - 1879) WERE AMONG THE FIRST AMERICAN REFORMERS TO COMPARE THE CONDITION OF WOMEN TO THE PLIGHT OF ENSLAVED AFRICANS AND TO CALL FOR AN END TO EXPLOITATION BASED ON RACE AND GENDER. SCHOOL OF THE ARTS-THOUGH THEY ARE NOT ALUMS, JEAN AND TAP JOHNSON ARE COUGARS THROUGH AND THROUGH. BOTH HAVE SERVED IN NUMEROUS LEADERSHIP ROLES ON CAMPUS INCLUDING THE FOUNDATION BOARD OF DIRECTORS, COUGAR CLUB BOARD OF DIRECTORS, SCHOOL OF BUSINESS BOARD OF GOVERNORS AND SCHOOL OF THE ARTS ADVISORY COUNCIL. THEIR ENTHUSIASM FOR THE COLLEGE OF CHARLESTON, ITS STUDENTS AND STUDENT ATHLETES IS INSPIRING, AND THEIR $500,000 PLANNED GIFT DEMONSTRATES THEIR COMMITMENT TO HELPING THE SCHOOL OF THE ARTS RECRUIT THE MOST TALENTED STUDENTS. IN ADDITION TO THE PLANNED GIFT, THEIR COMMITMENT IN THIS FISCAL YEAR TOTALED MORE THAN $1,000,000 TO SUPPORT ATHLETICS; SCHOOL OF EDUCATION, HEALTH, AND HUMAN PERFORMANCE; AND SCHOOL OF BUSINESS.NORTH CAMPUS-JESSICA MCMAHAN HAS BEEN HIRED AS THE COLLEGE'S NEW VETERAN AND MILITARY STUDENT SERVICES COORDINATOR. PART OF THE OFFICE FOR THE ACADEMIC EXPERIENCE, THE NEW POSITION WAS MADE POSSIBLE THROUGH A $24,900 GRANT FROM THE PALMETTO WARRIOR CONNECTION, AND THE COLLEGE ADDED AN ADDITIONAL $15,000 TO FUND THE POSITION. MCMAHAN SERVED HER COUNTRY FOR 12 YEARS BEFORE REENTERING CIVILIAN LIFE IN 2012. AMONG THE PRIMARY DUTIES IN HER NEW POSITION WILL BE CREATING INDIVIDUALIZED ROAD MAPS FOR VETERANS PURSUING AN EDUCATION AT THE COLLEGE AND HELPING CONNECT THEM WITH THE CAMPUS AND COMMUNITY RESOURCES AND SUPPORT THEY'LL NEED TO BE SUCCESSFUL STUDENTS. THE COLLEGE CURRENTLY SERVES ABOUT 335 STUDENTS USING SOME FORM OF THE GI BILL, INCLUDING FAMILY MEMBERS OR DEPENDENTS OF VETERANS. MILITARY VETERANS ACCOUNT FOR ABOUT ONE-THIRD OF THAT NUMBER. SCHOOL OF LANGUAGES, CULTURES, AND WORLD AFFAIRS-HOWARD AND JULIE LEVINE DONATED $250,000 TO PROVIDE PROGRAM SUPPORT FOR THE YASCHIK/ARNOLD JEWISH STUDIES PROGRAM'S JEWISH STUDENT UNION/HILLEL WEEKLY MEET-TO-EAT PROGRAM, WHICH COVERS APPROXIMATELY 30 MEALS EACH YEAR TO JEWISH AND NON-JEWISH STUDENTS. THESE EVENTS CREATE A SPACE FOR STUDENTS FROM A WIDE VARIETY OF BACKGROUNDS TO BREAK BREAD TOGETHER AND MINGLE.-FERN HURST AND THE OTHER MEMBERS OF THE STANLEY AND CHARLOT KARESH FAMILY ESTABLISHED THE STANLEY AND CHARLOT KARESH FAMILY FUND TO SUPPORT THE THREE RABBI PANEL. THE THREE RABBI PANEL IS ONE OF THE PROUDEST ACCOMPLISHMENTS OF JEWISH STUDIES AS IT SHOWCASES THE UNITY OF THE CHARLESTON COMMUNITY AND THE IMPORTANCE OF DIALOGUE OR, AS IN OUR CASE, TRIALOGUE. NOW IN ITS SIXTEENTH YEAR, WITH A NEW GENERATION OF RABBIS, THE THREE RABBI PANELS HAVE HELPED CREATE A COHESIVE, WELCOMING, AND OPEN JEWISH COMMUNITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,201,799 | ExpenseAmt |
| Grant | $205,697 | GrantAmt |
| Desc | SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSSCHOLARSHIPS AND AWARDSTHE FOUNDATION PROVIDED $3,201,799 IN FINANCIAL AID TO SUPPORT STUDENTS AT THE COLLEGE OF CHARLESTON. THIS FINANCIAL AID INCLUDES ACADEMIC, MERIT, AND TRAVEL ABROAD SCHOLARSHIP FUNDING. IN ADDITION, $205,697 WAS PROVIDED IN ACADEMIC AND MERIT ACHIEVEMENT AWARDS. NEARLY 1,401 STUDENTS WERE BENEFICIARIES OF THE FINANCIAL AID AND ACADEMIC/MERIT ACHIEVEMENT AWARDS.THE AMOUNT OF SCHOLARSHIP SUPPORT PROVIDED WAS INCREASED BY 9% 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 | $10,396,155 | 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 | 119 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 7 | 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 | 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 (40 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 | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| HILTON C SMITH JR | ||||||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| JEFFERY E KINARD | ||||||||||
| VICE CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN R KERRIGAN | ||||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| A J HEATH | ||||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||||
| 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 | |||||
| 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 | |||||
| DR DENNIS J ENCARNATION | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| DAVID M HAY | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| 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 | |||||
| RALPH F MARTINO UNTIL JUNE 11 2015 | ||||||||||
| 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 | |||||
| SHERWOOD MILER UNTIL FEB 10 2015 | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| CHRIS FRASIER | ||||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||||
| GEORGE P WATT JR | ||||||||||
| EVP COFC/EXEC DIR OF FOUND | 20.00 | Yes (X) | $96,461 | $199,859 | $1,091 | 20.00 | ||||
| DEBYE ALDERMAN | ||||||||||
| DIRECTOR OF FINANCIAL SERV | 20.00 | Yes (X) | $0 | $0 | $0 | 20.00 | ||||
| K TRACEY BIBLE UNTIL DEC 2015 | ||||||||||
| DIRECTOR OF FINANCIAL SERV | 20.00 | Yes (X) | $0 | $61,679 | $450 | 20.00 | ||||
| GLENN MCCONNELL | ||||||||||
| PRESIDENT OF COFC | 20.00 | $56,000 | $95,410 | $0 | 20.00 | Yes (X) | ||||
| GEORGE HYND | ||||||||||
| PROVOST COFC | 5.00 | $15,625 | $196,685 | $7,012 | 35.00 | Yes (X) | ||||
| ALAN SHAO | ||||||||||
| DEAN, SCHOOL OF BUS. COFC | 10.00 | $61,800 | $245,913 | $4,292 | 30.00 | Yes (X) | ||||
| P GEORGE BENSON | ||||||||||
| FORMER PRESIDENT OF COFC | 20.00 | $243,928 | $181,656 | $48,344 | 20.00 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $473,814 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $981,202 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $61,189 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | 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 (5 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 | $323,984 |
| EVENTHOUS INC | |||||
| 2220 OLD SCHOOL DRIVE | CHARLESTON | SC | 02885 | EVENT RENTALS | $130,442 |
| REEHER | |||||
| 165 WESTERN AVENUE | ST PAUL | MN | 55102 | FUNDRAISING SOFTWARE | $130,000 |
| BB&T FINANCIAL FSB | |||||
| 151 MEETING STREET | CHARLESTON | SC | 29401 | BANKING & FINANCIAL SERVICES | $113,201 |
| HAYNSWORTH SINKLER BOYD PA | |||||
| 134 MEETING STREET | CHARLESTON | SC | 29402 | LEGAL SERVICES | $109,273 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $48,633 | FundraisingAmt |
| All Other Contributions | $10,949,639 | AllOtherContributionsAmt |
| Noncash Contributions | $2,351,182 | NoncashContributionsAmt |
| Total Contributions | $10,998,272 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,193,385 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $551 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,192,834 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $817,900 | 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 | $817,900 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $817,900 | TotalRevenueColumnAmt |
| Exclusion | $817,900 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,810,717 | SecuritiesAmt |
| Other | $9,892 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,820,908 | SecuritiesAmt |
| Other | $19,784 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$10,191 | SecuritiesAmt |
| Other | -$9,892 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$20,083 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$9,892 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$10,191 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $35,614 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $48,633 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $19,632 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,982 | TotalRevenueColumnAmt |
| Exclusion | $15,982 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,126 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,126 | TotalRevenueColumnAmt |
| Exclusion | $2,126 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| OTHER REVENUE | 900099 | $257,652 | $4,997 | $252,655 |
| LICENSE TAG INCOME | 900099 | $8,840 | $8,840 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $266,492 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,274,074 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$9,892 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $5,548 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,280,146 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,972,190 | TotalAmt |
| Program Services | $3,972,190 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,697 | TotalAmt |
| Program Services | $205,697 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,461 | TotalAmt |
| Program Services | $56,000 | ProgramServicesAmt |
| Management And General | $48,231 | ManagementAndGeneralAmt |
| Fundraising | $48,230 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,122,088 | TotalAmt |
| Program Services | $1,329,501 | ProgramServicesAmt |
| Management And General | $167,470 | ManagementAndGeneralAmt |
| Fundraising | $625,117 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,788 | TotalAmt |
| Program Services | $37,788 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,557 | TotalAmt |
| Program Services | $136,945 | ProgramServicesAmt |
| Management And General | $29,651 | ManagementAndGeneralAmt |
| Fundraising | $169,961 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,480 | TotalAmt |
| Management And General | $18,333 | ManagementAndGeneralAmt |
| Fundraising | $49,147 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,952 | TotalAmt |
| Program Services | $31,267 | ProgramServicesAmt |
| Management And General | $34,021 | ManagementAndGeneralAmt |
| Fundraising | $664 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,638 | TotalAmt |
| Management And General | $8 | ManagementAndGeneralAmt |
| Fundraising | $25,630 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $681,052 | TotalAmt |
| Program Services | $490,215 | ProgramServicesAmt |
| Management And General | $47,319 | ManagementAndGeneralAmt |
| Fundraising | $143,518 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,412 | TotalAmt |
| Program Services | $45,145 | ProgramServicesAmt |
| Management And General | $4,449 | ManagementAndGeneralAmt |
| Fundraising | $8,818 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,891,362 | TotalAmt |
| Program Services | $1,710,433 | ProgramServicesAmt |
| Management And General | $19,875 | ManagementAndGeneralAmt |
| Fundraising | $161,054 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,649 | TotalAmt |
| Management And General | $9,719 | ManagementAndGeneralAmt |
| Fundraising | $90,930 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,208,891 | TotalAmt |
| Program Services | $1,003,034 | ProgramServicesAmt |
| Management And General | $205,857 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,206 | TotalAmt |
| Program Services | $403,195 | ProgramServicesAmt |
| Management And General | $13,842 | ManagementAndGeneralAmt |
| Fundraising | $64,169 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $798,584 | TotalAmt |
| Program Services | $632,083 | ProgramServicesAmt |
| Management And General | $16,385 | ManagementAndGeneralAmt |
| Fundraising | $150,116 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,111 | TotalAmt |
| Program Services | $267,161 | ProgramServicesAmt |
| Management And General | $42,056 | ManagementAndGeneralAmt |
| Fundraising | $6,894 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,478 | TotalAmt |
| Management And General | $17,478 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| RECRUITMENT | $52,049 | $46,891 | $626 | $4,532 |
| STUDENT DEVELOPMENT | $28,610 | $28,610 | ||
| PROFESSIONAL DEVELOPMEN | $13,640 | $5,819 | $7,821 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,633,895 | TotalAmt |
| Program Services | $10,396,155 | ProgramServicesAmt |
| Management And General | $681,139 | ManagementAndGeneralAmt |
| Fundraising | $1,556,601 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $509,572 | BOYAmt |
| EOY | $874,136 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,310 | BOYAmt |
| EOY | $197,530 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,322,202 | BOYAmt |
| EOY | $8,120,825 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,754 | BOYAmt |
| EOY | $68,632 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,485 | BOYAmt |
| EOY | $27,701 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000,648 | BOYAmt |
| EOY | $126,058 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,689,642 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,535,825 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,572,848 | BOYAmt |
| EOY | $6,153,817 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,632,274 | BOYAmt |
| EOY | $17,278,242 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,084,963 | BOYAmt |
| EOY | $63,861,264 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,494,466 | BOYAmt |
| EOY | $7,693,400 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,989 | BOYAmt |
| EOY | $386,867 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,936,511 | BOYAmt |
| EOY | $104,788,472 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $631,383 | BOYAmt |
| EOY | $127,955 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,369,095 | BOYAmt |
| EOY | $1,289,251 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $170,175 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,140,952 | BOYAmt |
| EOY | $816,304 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,141,430 | BOYAmt |
| EOY | $2,403,685 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,247,722 | BOYAmt |
| EOY | $9,762,235 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,355,040 | BOYAmt |
| EOY | $55,371,087 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,192,319 | BOYAmt |
| EOY | $37,251,465 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,795,081 | BOYAmt |
| EOY | $102,384,787 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,936,511 | BOYAmt |
| EOY | $104,788,472 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $640,179 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$144,702 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $94,229 | 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 | $8,283,559 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,798,661 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,638,385 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,051,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,998,272 | CurrentTaxYearAmt |
| Total | $53,770,599 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,283,559 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,798,661 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,638,385 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,051,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,998,272 | CurrentTaxYearAmt |
| Total | $53,770,599 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $908,162 | SubstantialContributorsTotAmt |
| Public Support Total170 | $52,862,437 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,246,520 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,935,407 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,933,022 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,226,831 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,011,285 | CurrentTaxYearAmt |
| Total | $16,353,065 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,270,994 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $648,464 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $284,895 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $241,113 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $292,214 | CurrentTaxYearAmt |
| Total | $2,737,680 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $72,861,344 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $15,954 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.72550 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74710 | 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 | $7,693,400 | 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 | $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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| 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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01900 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.67500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.30600 | 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 | $3,427,073 | OtherCostOrOtherBasisAmt |
| Book Value | $3,427,073 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,892,937 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,298,504 | DepreciationAmt |
| Book Value | $1,594,433 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,710,882 | OtherCostOrOtherBasisAmt |
| Depreciation | $975,425 | DepreciationAmt |
| Book Value | $735,457 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $658,750 | OtherCostOrOtherBasisAmt |
| Depreciation | $261,896 | DepreciationAmt |
| Book Value | $396,854 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,153,817 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TIFF KEYSTONE FUND | Desc |
| Book Value | $63,861,264 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $63,861,264 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLECTIONS OF ART AND HISTORICAL TREASURES | Desc |
| Book Value | $7,693,400 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $7,693,400 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $216,304 |
| LINE OF CREDIT | $600,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $816,304 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,189,562 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$144,702 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $34,017 | OtherRevenueAmt |
| Revenue Not Reported | -$110,685 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,300,247 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$26,173 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$26,173 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,274,074 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,599,856 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$60,212 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$60,212 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,660,068 | ExpensesSubtotalAmt |
| Other Expenses Not Included | -$26,173 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$26,173 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,633,895 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 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, 2015. FISCAL YEARS ON OR AFTER JUNE 30, 2012 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 -45,318. FUNDRAISING EXPENSES INCLUDED IN REVENUE 19,632. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE 59,703. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES NET WITH REVENUE -26,173. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES INCLUDED IN REVENUE 19,632. CHANGE IN VALUE OF MARINE GENOMICS ENDOWMENT -79,844. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES NETTED WITH REVENUE -26,173. |
| 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 | $51,250 | 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 | $51,250 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $51,250 | 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 | REACH PROGRAM GALA & GOLF TOURNAMEN | Event1Nm |
| Gross Receipts Event1 | $64,136 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $30,003 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $34,133 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $13,566 | OtherDirectExpensesEvent1Amt |
| Event2 | YES I'M A FEMINIST | Event2Nm |
| Gross Receipts Event2 | $20,111 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $18,630 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $1,481 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $6,066 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $84,247 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $48,633 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $35,614 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $19,632 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $19,632 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $15,982 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 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 | $3,843,765 | 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. FOR THE FISCAL YEAR JULY 1, 2014 - JUNE 30, 2015 THE FOUNDATION PAID THE ALUMNI ASSOCIATION $125,000 IN ACCORDANCE WITH THE MOU. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | ACADEMIC & ACHIEVEMENT AWARDS | GrantTypeTxt |
| Recipient | 305 | RecipientCnt |
| Cash Grant | $205,697 | 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 |
| 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 (5 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 | $199,859 | $0 | $0 | $6,461 | $0 | $0 | $0 | $0 | $1,091 | $96,461 | $200,950 | $0 | $0 |
| GLENN MCCONNELL | ||||||||||||||
| PRESIDENT OF COFC | $56,000 | $95,410 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $56,000 | $95,410 | $0 | $0 |
| GEORGE HYND | ||||||||||||||
| PROVOST COFC | $15,625 | $192,060 | $0 | $0 | $0 | $4,625 | $0 | $0 | $0 | $7,012 | $15,625 | $203,697 | $0 | $0 |
| ALAN SHAO | ||||||||||||||
| DEAN, SCHOOL OF BUS. COFC | $61,800 | $245,913 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,292 | $61,800 | $250,205 | $0 | $0 |
| P GEORGE BENSON | ||||||||||||||
| FORMER PRESIDENT OF COFC | $208,825 | $174,783 | $0 | $0 | $35,103 | $6,873 | $35,000 | $0 | $0 | $13,344 | $278,928 | $195,000 | $34,894 | $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. 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 2014, AS FOLLOWS. P. GEORGE BENSON: CONTRIBUTION OF $35,000 AND PAYMENT RECEIVED OF $35,103 | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Art Historical Treasures ArtHistoricalTreasuresGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $76,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 43 | ContributionCnt |
| Noncash Contributions Rpt F990 | $836,148 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,800 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Historical Artifacts HistoricalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $20,000 | 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 | $89,634 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | ARGUS SOFTWARE | 1 | $1,147,500 | FAIR MARKET VALUE |
| Yes (X) | GIK HORSE | 1 | $165,000 | APPRAISAL |
| Yes (X) | 4 SPINNAKERS | 1 | $3,600 | 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 | INTERDISCIPLINARY PROGRAMS -HANDS-ON RESEARCH IS A BIG PART OF STUDYING AT THE COLLEGE OF CHARLESTON, AND COLLABORATIVE RESEARCH WITH A FACULTY MEMBER IS ONE OF THE MOST REWARDING EXPERIENCES AN UNDERGRADUATE STUDENT CAN HAVE. DURING THE PAST SUMMER, APPROXIMATELY 40 COFC STUDENTS RECEIVED SURF (SUMMER UNDERGRADUATE RESEARCH FUNDING) GRANTS. FUNDING OF UP TO $6,500 WAS AVAILABLE FOR EACH COLLABORATIVE RESEARCH PROJECT INVOLVING AT LEAST ONE FACULTY MEMBER AND ONE UNDERGRAD STUDENT. EACH YEAR, SURF GRANTS ARE AWARDED ACROSS A VARIETY OF ACADEMIC DISCIPLINES. EVERY STUDENT FUNDED THROUGH THE GRANT PROGRAM PRESENTED HIS OR HER WORK IN A POSTER SESSION AT THE BEGINNING OF FALL SEMESTER. FOLLOWING IS A SAMPLING THAT INCLUDES SIX PROJECTS THAT HAPPENED THIS SUMMER: 1. GEOLOGY MAJOR DAVID DEROUEN, WORKING WITH PROFESSOR ADEM ALI, WERE ENGAGED IN REMOTE SATELLITE SENSING OF WATER QUALITY PARAMETERS IN THE COASTAL WATERS OF THE U.S. VIRGIN ISLANDS. THEIR WORK ASSESSED THE IMPACT OF INCREASED STORMWATER RUNOFF AND WASTEWATER DISCHARGE IN THIS REGION. 2. PSYCHOLOGY MAJOR AND HONORS COLLEGE STUDENT DIANA DEVINE WORKED WITH PSYCHOLOGY PROFESSOR AMY KOLAK TO EXAMINE THE SELF-REGULATORY SKILLS AT PLAY WITHIN A FAMILY CONTEXT. THEIR STUDY INVOLVED AN ATTEMPT TO BETTER UNDERSTAND TWO-YEAR-OLD CHILDRENS' ABILITY TO CONTROL THEIR BEHAVIOR WITHOUT THEIR PARENTS' HELP. 3. MARA GRZEJDZIAK WAS ONE OF SEVERAL PUBLIC HEALTH MAJORS WORKING WITH PROFESSORS MERISSA FERRARA AND BETH SUNDSTROM FROM THE DEPARTMENT OF COMMUNICATION TO STUDY THE BARRIERS THAT WOMEN IN RURAL COMMUNITIES FACE REGARDING ACCESS TO HEALTHCARE. THIS STUDY EXAMINED THE EFFECTIVENESS OF PLANNED PARENTHOOD'S EHOPE PLUS PROGRAM, AN INITIATIVE THAT UTILIZES TELEMEDICINE. EHOPE PLUS BEGAN IN SOUTH CAROLINA THIS SPRING. 4. MARINE BIOLOGY MAJOR AND HONORS COLLEGE STUDENT JASMIN GRAHAM WORKED WITH PROFESSOR GAVIN NAYLOR, WHO SPECIALIZES IN SHARK RESEARCH, TRACING THE EVOLUTIONARY HISTORY OF HAMMERHEAD SHARKS USING ANATOMICAL DATA. 5. JUNIOR CARLY HARWARD - A DANCE MAJOR - WORKED WITH PROFESSOR GRETCHEN MCLAINE TO ANALYZE THE JOURNALS OF RENOWNED CHOREOGRAPHER AND DANCER VASLAV NIJINSKY, WHO SUFFERED FROM SCHIZOPHRENIA, TO EXAMINE HOW MENTAL ILLNESS AFFECTS CREATIVITY AND HOW SUCH ILLNESS IS COMMUNICATED THROUGH NON-VERBAL COMMUNICATION. THIS STUDY INVOLVED THE DUO TRAVELING TO SPOLETO, ITALY, TO OBSERVE MIKHAIL BARYSHNIKOV PERFORM A SELECTION OF NIJINSKY'S WORK. 6. CLASSICS MAJOR SARAH LEGENDRE, WHO IS ALSO AN HONORS COLLEGE STUDENT, WORKED WITH PROFESSOR ALLISON STERETT-KRAUSE TO EXAMINE FRAGMENTARY PIECES OF ANTIQUITY, SUCH AS BROKEN GLASS, TO ANSWER QUESTIONS ABOUT DAILY LIFE IN THE IMPERIAL PERIOD (CA. 50 C.E. TO 450 C.E.). -IN RESPONSE TO THE SHOOTINGS AT MOTHER EMANUEL CHURCH AND THROUGH THE SUPPORT OF GOOGLE, THE COLLEGE OF CHARLESTON'S AVERY RESEARCH CENTER FOR AFRICAN AMERICAN HISTORY AND CULTURE; THE COASTAL COMMUNITY FOUNDATION'S LOWCOUNTRY UNITY FUND; AND THE INTERNATIONAL AFRICAN AMERICAN MUSEUM ARE WORKING TOGETHER TO CULTIVATE DISCUSSIONS ABOUT RACE. GOOGLE AWARDED A GRANT TO THE AVERY RESEARCH CENTER IN THE AMOUNT OF $125,000 TO FACILITATE THE ESTABLISHMENT OF AN EDUCATION INITIATIVE ON RACE AND SOCIAL JUSTICE. THROUGH A COLLABORATION THAT INCLUDES THE AVERY RESEARCH CENTER, THE AFRICAN AMERICAN STUDIES PROGRAM, THE LOWCOUNTRY DIGITAL HISTORY INITIATIVE, AND MULTIPLE COMMUNITY PARTNERS, THE EDUCATION INITIATIVE WILL FACILITATE A DIALOGUE ON RACE, JUSTICE, AND RECONCILIATION IN CHARLESTON AND SURROUNDING COMMUNITIES. -A NEW GARDEN ON THE COLLEGE OF CHARLESTON CAMPUS IS PROVIDING A RICH BOUNTY OF EDUCATIONAL AND TEACHING OPPORTUNITIES. THE RECENTLY COMPLETED SENSORY GARDEN AT THE COLLEGE'S N.E. MILES EARLY CHILDHOOD DEVELOPMENT CENTER (ECDC) WAS CREATED AS PART OF THE FARM-TO-SCHOOL INITIATIVE, AN EDUCATIONAL AND OUTREACH PROGRAM HOUSED AT THE COLLEGE AND FUNDED BY BOEING SOUTH CAROLINA. DESIGNED TO BE KID-FRIENDLY, THE NEW GARDEN INCLUDES WALKWAYS, A BUTTERFLY GARDEN, HERBS, VEGETABLES AND OTHER FEATURES. THOMPSON SAYS THE NEW SPACE IS A PERFECT COMPLEMENT TO THE INITIATIVE'S GOALS OF TEACHING CHILDREN WHERE FOOD COMES FROM AND ESTABLISHING CONNECTIONS BETWEEN FARMS AND FARMERS AND THE PEOPLE AND INSTITUTIONS THAT RELY ON THEIR CROPS. ATHLETICS -COLLEGE OF CHARLESTON EQUESTRIAN FINISHED IN FIFTH PLACE AT THE INTERCOLLEGIATE HORSE SHOW ASSOCIATION (IHSA) NATIONALS, HELD APRIL 30 - MAY 3, 2015, IN WEST SPRINGFIELD, MASS. SENIOR ELIZA HAY WON THE COLLEGE'S FIRST CACCHIONE CUP, COLLEGIATE RIDING'S HIGHEST HONOR. HAY CLAIMS THE NATION'S HIGHEST COLLEGIATE EQUESTRIAN HONOR TO CULMINATE HER ALREADY HIGHLY DECORATED RIDING CAREER. THIS IS THE SECOND CONSECUTIVE YEAR THE COLLEGE HAS FINISHED IN THE TOP FIVE NATIONALLY, AFTER FINISHING SECOND AT IHSA NATIONALS A YEAR AGO AND CLAIMING THE PROGRAM'S THIRD RESERVE NATIONAL CHAMPIONSHIP. THE EQUESTRIAN PROGRAM RECEIVES NUMEROUS IN-KIND GIFTS OF HORSES THROUGH THE YEARS SO THAT THE STUDENT-ATHLETES CAN PRACTICE AND COMPETE WITH TOP-QUALITY HORSES. THIS FISCAL YEAR, MR. AND MRS. ALAN KUNIANSKY DONATED A HORSE, NAMED CARROT CAKE, VALUED AT OVER $160,000. -COLLEGE OF CHARLESTON DIRECTOR OF ATHLETICS JOE HULL HAS ANNOUNCED A FUNDRAISING CAMPAIGN TO RAISE PRIVATE FUNDS FOR A NEW, STATE-OF-THE-ART ATHLETICS FACILITY TO BE LOCATED AT PATRIOTS POINT IN MT. PLEASANT, S.C. THE PLANNED FACILITY -ONE OF THE PRIORITIES IN THE COLLEGE'S OVERALL, COMPREHENSIVE-FUNDRAISING CAMPAIGN, BOUNDLESS - WILL SUPPORT THE COLLEGE OF CHARLESTON BASEBALL, SOFTBALL, MEN'S SOCCER, WOMEN'S SOCCER, MEN'S TENNIS, WOMEN'S TENNIS AND SAILING PROGRAMS. THE BUILDING PROJECT - AN ESTIMATED 20,000 SQUARE FEET AND THREE STORIES TALL - IS BEING FUNDED BY PRIVATE, CORPORATE AND CAMPUS SUPPORT. THE NEW ATHLETICS FACILITY WILL INCLUDE A WEIGHT ROOM AND SPORTS MEDICINE FACILITY, LOCKER ROOMS, COACHES' OFFICES, ACADEMIC SPACES AND A HOSPITALITY/VIEWING DECK OVERLOOKING THE BASEBALL AND SOCCER FIELDS. WHILE THE FACILITY IS PRIMARILY DESIGNED FOR PATRIOTS POINT-BASED TEAMS, IT WILL BENEFIT ALL OF THE DEPARTMENT'S ATHLETICS PROGRAMS, FREEING UP CRITICAL SPACE IN ITS CURRENT DOWNTOWN FACILITIES. THE RECAPTURED SPACE DOWNTOWN WILL AFFORD COFC THE ABILITY TO ENHANCE ACADEMIC SUPPORT, SPORTS PERFORMANCE AND SPORTS MEDICINE SERVICES FOR ALL OF ITS 19 VARSITY SPORTS TEAMS. |
| 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 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 -45,318. CHANGE IN ALLOWANCE OF UNCOLLECTIBLE PROMISES TO GIVE 59,703. CHANGE IN VALUE OF MARINE GENOMICS ENDOWMENT 79,844. |
| 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 | $120,672 | $25,223 | COLLEGE OF CHARLESTON FOUNDATION |
| BULL AND WENTWORTH STUDENT HOUSING LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED FOR STUDENT HOUSING | SC | $182,063 | $98,500 | 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 | $309,550 | $578,558 | 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 | $58,557 | $735,047 | COLLEGE OF CHARLESTON FOUNDATION |
| THE COLLEGE OF CHARLESTON FOUNDATION PUBLISHING COMPANY LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | PUBLISHING | SC | $0 | $0 | COLLEGE OF CHARLESTON FOUNDATION |
| DIXIE PLANTATION EDUCATIONAL HOLDINGS LLC | ||||||||
| 66 GEORGE STREET | CHARLESTON | SC | 29401 | HOLDS REAL ESTATE USED BY THE COLLEGE OF CHARLESTON FOR PROGRAMS | SC | $100,000 | $3,308,758 | 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 | $1,289,251 |
| COLLEGE OF CHARLESTON | |
| J | $830,841 |
| COLLEGE OF CHARLESTON | |
| O | $1,024,083 |
| COLLEGE OF CHARLESTON | |
| P | $3,031,210 |
| COLLEGE OF CHARLESTON ALUMNI ASSOCIATION | |
| B | $125,000 |
| COLLEGE OF CHARLESTON COUGAR CLUB | |
| Q | $165,074 |