Overview
What is South Carolina Universities Research & Education Foundation?
The South Carolina Universities Research & Education Foundation is a nonprofit organization situated in Aiken, South Carolina. Its primary mission is to provide support to Clemson University, University of South Carolina, and University of South Carolina Aiken, assisting them in their research endeavors for various government agencies, such as the Department of Energy and Department of Homeland Security, primarily in the nuclear field. The foundation utilizes grant funds obtained from contracts with organizations like the U.S. Department of Energy's Naval Reactors Laboratory Field Office, which are allocated for research and development, equipment upgrades, and student financial aid. The funds can cover expenses like salaries, materials, travel, and publication costs, among others, to achieve the program's objectives. The foundation's role includes offering fiscal, custodial, and accounting services for university research, as well as encouraging financial assistance and public support for university research and education.
Official website here: www.scuref.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star Rating
The South Carolina Universities Research & Education Foundation has earned a Four-Star rating from Charity Navigator, reflecting an impressive overall score of 100%. This score is derived entirely from its strong Accountability & Finance metrics, indicating a high level of transparency and responsible financial management.
The foundation demonstrates exceptional governance with a fully independent board, ensuring unbiased oversight. Its financial practices are robust, with no material diversion of assets reported and a favorable liabilities-to-assets ratio of 11.78%. Additionally, the organization follows best practices by having comprehensive policies in place, including a conflict of interest policy and a whistleblower policy.
Despite its strengths, the data does not provide insights into the specific programs or impact of the foundation’s activities. While the financial foundation appears solid, potential donors may want to seek additional information on the effectiveness and reach of its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is South Carolina Universities Research & Education Foundation legitimate?
South Carolina Universities Research & Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Universities Research & Education Foundation 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: $47,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,463
For more financial information, click here
Official website here: www.scuref.org
What is the mission statement of South Carolina Universities Research & Education Foundation?
The South Carolina Universities Research & Education Foundation is established to aid three South Carolina universities in conducting research for various government agencies, such as the Department of Energy and the Department of Homeland Security, primarily in the nuclear field. Acting as a support organization, its primary objective is to assist Clemson University, the University of South Carolina, and the University of South Carolina Aiken in their individual and joint efforts to provide research to entities like the Department of Energy, Savannah River Nuclear Solutions, and the Department of Homeland Security, among others. To accomplish this, the foundation offers fiscal, custodial, and accounting services in connection with university research, assists in the administration and coordination of educational activities and research carried out by the member universities, and encourages financial assistance and public support for university research and education. Furthermore, it interfaces with potential funding sources on behalf of the member universities to help secure funding for their various research initiatives.
Official website here: www.scuref.org
Who is the CEO of South Carolina Universities Research & Education Foundation?
Ladonna Hall is the Coo of South Carolina Universities Research & Education Foundation.
Official website here: www.scuref.org
What is the revenue of South Carolina Universities Research & Education Foundation?
South Carolina Universities Research & Education Foundation's revenue in 2022 was $2,289,190.
Official website here: www.scuref.org
Who are the executives of South Carolina Universities Research & Education Foundation and what are their salaries?
The average compensation at South Carolina Universities Research & Education Foundation during 2022 was $77,873. There are 4 employees at South Carolina Universities Research & Education Foundation.
Here are 4 key members and their salaries:
- Compensation: $133,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.scuref.org
Where can I find the form 990 for South Carolina Universities Research & Education Foundation?
South Carolina Universities Research & Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scuref.org
Learn more at the official website: www.scuref.org
Mission Statement of South Carolina Universities Research & Education Foundation
South Carolina Universities Research & Education Foundation, as a supporting organization, is primarily focused on aiding three South Carolina universities – Clemson University, University of South Carolina, and University of South Carolina Aiken – in their research endeavors. The foundation's primary goal is to assist these universities in providing research for various government agencies, such as the Department of Energy and the Department of Homeland Security, primarily in the nuclear field. The foundation operates exclusively for the benefit of, or to carry out the purpose of, the member universities. This includes providing fiscal, custodial, and accounting services in connection with university research, assisting in the administration and coordination of educational activities and research performed by the universities, and generally encouraging financial assistance and public support for university research and education. The foundation also interfaces with the customer base on behalf of the member universities to assist in acquiring funding for various research projects.
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Impact
July, 2024
The South Carolina Universities Research & Education Foundation's impact can be seen through its support of three South Carolina universities in conducting research for various government agencies, such as the Department of Energy and the Department of Homeland Security, primarily in the nuclear area. The Foundation's Rickover Fellowship Program aims to enhance research and development, equipment upgrades, and student financial support in alignment with the U.S. Department of Energy Naval Reactors Laboratory Field Office's objectives. By providing fiscal, custodial, and accounting services, as well as encouraging financial assistance and public support for university research and education, the Foundation plays a crucial role in facilitating vital scientific advancements.
This information is meant to be a general summary of South Carolina Universities Research & Education Foundation. 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.
- Program Service Revenue: $221,923
- Gross Receipts: $2,289,190
Assets and Liabilities:
- Total Assets: $282,676
- Total Liabilities: $31,705
- Net Assets: $250,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Naval Reactors Laboratory
Revenue
$111,227
Savannah River Nuclear
Revenue
$110,696
Organization Details
Founding Year
1988
Phone
(803) 642-4187Principal Officer
Ladonna Hall
Main Address
1204 Whiskey Road F, Aiken, SC, 29803
Website
www.scuref.orgNTEE Category
Code: U30 - Science research
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