Overview
What is University Of South Carolina Educational Foundation?
The University of South Carolina Educational Foundation is a nonprofit organization based in Columbia, South Carolina, with a total of 29 employees. Their primary mission is to aid the University of South Carolina in achieving its role as the state's flagship institution of higher education. They establish and implement long-term fundraising programs to support the university's educational, instructional, scientific, literary, research, service, charitable, and outreach endeavors. In essence, the foundation plays a crucial role in enhancing the University of South Carolina's impact on the community and beyond.
Official website here: www.uscfoundations.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The University of South Carolina Educational Foundation has achieved a perfect score of 100% from Charity Navigator, indicating exceptional accountability and financial health. This top rating reflects the foundation's strong commitment to transparency and responsible financial management, as evidenced by independent oversight and well-structured governance practices, including a fully independent board of directors.
The organization excels in financial efficiency, with an impressive program expense ratio of nearly 90%, which suggests that most of its financial resources are directed toward its charitable mission. Additionally, the foundation demonstrates excellent fundraising efficiency, managing to retain a minimal cost of fundraising relative to the funds raised. Such metrics highlight the foundation's effectiveness in utilizing donor contributions.
While the organization shows considerable strengths, it's vital for potential donors to consider its mission and alignment with their philanthropic goals. The foundation's high ratings are commendable, but ongoing community engagement and impact assessment will be crucial for sustaining its reputation and effectiveness in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is University Of South Carolina Educational Foundation legitimate?
University Of South Carolina Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of South Carolina Educational 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: $1,376,863
Professional Fundraising Fees: $206,066
Other Salaries and Wages: $1,424,854
For more financial information, click here
Official website here: www.uscfoundations.com
What is the mission statement of University Of South Carolina Educational Foundation?
The University of South Carolina Educational Foundation supports the educational endeavors of the University of South Carolina in various ways. Its mission encompasses educational, institutional, scientific, literary, research, service, charitable, and outreach initiatives. By establishing and implementing long-term fundraising programs, the foundation aids the university in fulfilling its role as the state's premier institution of higher education. Through its efforts, the foundation contributes to the university's academic and research advancements, ultimately benefiting students and the wider academic community.
Official website here: www.uscfoundations.com
Who is the CEO of University Of South Carolina Educational Foundation?
Jason Caskey is the CEO of University Of South Carolina Educational Foundation The CEO's salary of University Of South Carolina Educational Foundation is $451,421 and their total compensation is $478,789.
Official website here: www.uscfoundations.com
What is the revenue of University Of South Carolina Educational Foundation?
University Of South Carolina Educational Foundation's revenue in 2024 was $84,705,963.
Official website here: www.uscfoundations.com
Who are the executives of University Of South Carolina Educational Foundation and what are their salaries?
The average compensation at University Of South Carolina Educational Foundation during 2024 was $100,061. There are 28 employees and 24 volunteers at University Of South Carolina Educational Foundation.
Here are 34 key members and their salaries (University Of South Carolina Educational Foundation's CEO's salary is $451,421 and their total compensation is $478,789):
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- Compensation: $132,795
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- Compensation: $451,421
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- Compensation: $161,192
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- Other: $41,896
Official website here: www.uscfoundations.com
Where can I find the form 990 for University Of South Carolina Educational Foundation?
University Of South Carolina Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.uscfoundations.com
Learn more at the official website: www.uscfoundations.com
Mission Statement of University Of South Carolina Educational Foundation
University of South Carolina Educational Foundation devotes its efforts to backing the University of South Carolina in various educational, instructional, scientific, literary, research, service, charitable, and outreach initiatives. This nonprofit organization is committed to helping the university thrive as the state's leading institution of higher education. By establishing and implementing long-term fundraising programs, the University of South Carolina Educational Foundation plays a significant role in ensuring the university achieves its mission. Through its support, the institution can continue to excel in all facets of academia and research, providing opportunities for students and contributing to the betterment of society.
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Impact
October, 2024
The University of South Carolina Educational Foundation plays a crucial role in enhancing the educational landscape of the University of South Carolina. By supporting a wide range of initiatives, the foundation aids the university in its mission to stand out as the state's flagship institution of higher education.
Through the establishment and implementation of robust fundraising programs, the foundation is instrumental in securing resources that benefit various academic and research endeavors. This financial support enables the university to promote scientific inquiry, foster literary exploration, and provide essential services and outreach to the community. The foundation’s efforts directly contribute to the enhancement of educational quality, enriching the learning experience for students and faculty alike.
Furthermore, by facilitating charitable activities and encouraging a culture of giving, the foundation helps strengthen the university's capabilities to address pressing educational needs. The impact of the University of South Carolina Educational Foundation is seen in the growth of academic programs, the advancement of research initiatives, and the overall enhancement of the university's contributions to the state and beyond.
This information is meant to be a general summary of University Of South Carolina Educational 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 2024.
- Investment Income: $9,238,618
- Program Service Revenue: $798,118
- Gross Receipts: $147,912,271
Assets and Liabilities:
- Total Assets: $607,523,681
- Total Liabilities: $25,036,161
- Net Assets: $582,487,520
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Registration Fees
Revenue
$345,030
Rental Income
Revenue
$8,525
Miscellaneous Revenue
Revenue
$414,903
Musical Concerts
Revenue
$29,660
Organization Details
Founding Year
1956
Principal Officer
Susan Smith
Website
www.uscfoundations.comNTEE Category
Code: B110 - Education
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