Overview
What is University Of South Carolina School Of Medicine Educational Trust?
The University of South Carolina School of Medicine Educational Trust is a nonprofit organization situated in Columbia, South Carolina. Its primary function is to support the University of South Carolina School of Medicine and its clinical facilities, enhancing their exempt function. The Trust exists to benefit the University and further its purposes, focusing on education, service, research, and development in the health sciences and preventive and curative medicine. Its main objective is to provide healthcare resources and facilitate enhanced teaching opportunities, thereby contributing to the School of Medicine's mission. The Trust employs a team of 156 individuals.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 67% (Two-Star out of Four Star rating)
The University Of South Carolina School Of Medicine Educational Trust has received a 67% rating, indicating a two-star performance primarily due to its accountability and finance practices. While the organization demonstrates strong program expense ratios, showcasing effective allocation of funds toward its mission, there are significant concerns regarding governance, particularly the absence of independent board members and missing policies related to conflict of interest, whistleblower protections, and document retention.
The lack of independent oversight raises questions about the decision-making processes within the organization, which may impact transparency and stakeholder confidence. Additionally, the nonprofit's website is missing key information such as the tax form, which is essential for public accountability and trust. These governance issues highlight areas that require improvement to foster greater integrity and accountability within the organization.
Despite these limitations, the trust has shown reliability in its financial oversight, as evidenced by a strong score in its Audit and Oversight Committee. The organization would benefit from addressing its governance weaknesses to enhance its credibility and effectiveness in achieving its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is University Of South Carolina School Of Medicine Educational Trust legitimate?
University Of South Carolina School Of Medicine Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of South Carolina School Of Medicine Educational Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,063,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,755,484
For more financial information, click here
What is the mission statement of University Of South Carolina School Of Medicine Educational Trust?
The University of South Carolina School of Medicine Educational Trust operates solely for the benefit of the University of South Carolina School of Medicine and the greater institution. Its primary goals are to enhance education, service, research, and development in the health sciences and preventive and curative medicine. The trust aims to provide healthcare resources in conjunction with enriched teaching opportunities and support the School of Medicine in its mission. Overall, the Educational Trust exists to boost the School of Medicine's capabilities and improve the healthcare sector through education, research, and service.
Who is the CEO of University Of South Carolina School Of Medicine Educational Trust?
Jeffrey L Perkins is the Dean, School Of Medicine of University Of South Carolina School Of Medicine Educational Trust.
What is the revenue of University Of South Carolina School Of Medicine Educational Trust?
University Of South Carolina School Of Medicine Educational Trust's revenue in 2022 was $42,795,918.
Who are the executives of University Of South Carolina School Of Medicine Educational Trust and what are their salaries?
The average compensation at University Of South Carolina School Of Medicine Educational Trust during 2022 was $203,965. There are 156 employees at University Of South Carolina School Of Medicine Educational Trust.
Here are 24 key members and their salaries:
- Compensation: $291,490
- Related: $287,487
- Other: $0
- Compensation: $224,763
- Related: $113,888
- Other: $0
- Compensation: $297,780
- Related: $144,193
- Other: $0
- Compensation: $190,170
- Related: $109,830
- Other: $0
- Compensation: $117,040
- Related: $308,018
- Other: $0
- Compensation: $149,868
- Related: $349,266
- Other: $0
- Compensation: $81,542
- Related: $127,080
- Other: $0
- Compensation: $0
- Related: $310,681
- Other: $0
- Compensation: $371,500
- Related: $212,500
- Other: $0
- Compensation: $890,397
- Related: $132,353
- Other: $0
- Compensation: $235,000
- Related: $247,176
- Other: $0
- Compensation: $312,000
- Related: $109,581
- Other: $0
- Compensation: $368,791
- Related: $161,500
- Other: $0
- Compensation: $0
- Related: $17,456
- Other: $0
- Compensation: $0
- Related: $228,486
- Other: $0
- Compensation: $0
- Related: $152,257
- Other: $0
- Compensation: $395,646
- Related: $121,038
- Other: $0
- Compensation: $85,000
- Related: $303,383
- Other: $0
- Compensation: $40,000
- Related: $141,750
- Other: $0
- Compensation: $1,250,326
- Related: $109,830
- Other: $0
- Compensation: $1,374,116
- Related: $131,206
- Other: $0
- Compensation: $1,069,203
- Related: $95,749
- Other: $0
- Compensation: $890,397
- Related: $132,353
- Other: $0
- Compensation: $949,705
- Related: $104,541
- Other: $0
Where can I find the form 990 for University Of South Carolina School Of Medicine Educational Trust?
University Of South Carolina School Of Medicine Educational Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of South Carolina School Of Medicine Educational Trust
University of South Carolina School of Medicine Educational Trust is a nonprofit organization that exists to bolster the exempt functions of the University of South Carolina School of Medicine. The Trust's primary objective is to serve and further the objectives of the University of South Carolina School of Medicine and the wider University of South Carolina. Its main focuses include enhancing education, service, research, and development in the health sciences and preventive and curative medicine. By providing healthcare resources and augmented teaching opportunities, the Educational Trust aims to support the School of Medicine in its mission to improve health and wellbeing. The Trust's overarching purpose is to facilitate the provision of resources for the School of Medicine, contributing to its educational, service, research, and development endeavors.
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Impact
October, 2024
The University of South Carolina School of Medicine Educational Trust plays a vital role in enhancing the educational framework and resources of the University of South Carolina School of Medicine. By focusing on the augmentation of education, service, research, and development in the health sciences, the Trust significantly contributes to the field of preventive and curative medicine.
Through its efforts, the Educational Trust provides essential support to clinical facilities and academic programs, ensuring that students receive a high-quality education that prepares them for the demands of healthcare. The resources it allocates not only improve teaching opportunities but also foster innovative research initiatives, which are critical for advancing medical knowledge and practices.
Moreover, by aligning its mission with the goals of the greater University of South Carolina, the Trust plays a crucial role in community health improvements, ensuring a well-rounded approach to healthcare education and services. The impact of the Educational Trust extends beyond the classroom, positively influencing health outcomes in the region by developing competent healthcare professionals equipped to meet modern challenges.
This information is meant to be a general summary of University Of South Carolina School Of Medicine Educational Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $841,011
- Program Service Revenue: $265,562
- Gross Receipts: $44,357,004
Assets and Liabilities:
- Total Assets: $62,430,506
- Total Liabilities: $30,226,289
- Net Assets: $32,204,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER CONTRACT AND PROFESSIONAL I
Revenue
$265,453
PATIENT CHARGES
Revenue
$109
Organization Details
Founding Year
1980
Phone
(803) 545-5229Principal Officer
Jeffrey L Perkins
Main Address
PO BOX 413, COLUMBIA, SC, 29202
NTEE Category
Code: B54Z - Education
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