Overview
What is University Of South Carolina Development Foundation?
The University of South Carolina Development Foundation is a nonprofit organization based in Columbia, South Carolina, with the address 1027 Barnwell Street, 29208. Its primary objective is to acquire and hold real and personal property, as well as special assets, for the benefit of the University of South Carolina. The foundation acquires these assets either through purchasing or receiving gifts and manages, develops, and maintains them to cater to the needs of the university.
Official website here: www.uofscfoundations.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The University of South Carolina Development Foundation has received an 85% rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization's overall score is derived solely from the Accountability & Finance beacon, where it has demonstrated effective governance and transparency. This is particularly notable with 90% of board members being independent, and robust financial oversight mechanisms in place.
Strengths highlighted in the assessment include a solid program expense ratio of 88.35%, indicating that a significant portion of their resources is dedicated to their programs. The foundation also scores full points in various key areas such as conflict of interest policies, whistleblower protections, and the transparency of financial documents. The commitment to maintaining an independent board and adhering to strict financial oversight further enhances their credibility.
While the organization shows strong governance practices, the single beacon score means that the evaluation is limited to accountability and finance aspects only, without considering other potential factors like program effectiveness or community impact. This focus may provide an incomplete picture of the foundation's overall performance and impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is University Of South Carolina Development Foundation legitimate?
University Of South Carolina Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of South Carolina Development 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: $200,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $482,059
For more financial information, click here
Official website here: www.uofscfoundations.org
What is the mission statement of University Of South Carolina Development Foundation?
The University of South Carolina Development Foundation acquires real estate and special assets on behalf of the University of South Carolina through purchasing or receiving gifts. It holds, develops, manages, and maintains these assets to cater to the needs of the university. The primary functions of the foundation involve acquiring both real and personal property, and managing them according to the requirements of the University of South Carolina.
Official website here: www.uofscfoundations.org
Who is the CEO of University Of South Carolina Development Foundation?
R Jason Caskey is the Chair of University Of South Carolina Development Foundation. The CEO's salary of University Of South Carolina Development Foundation is $0 and their total compensation is $390,221.
Official website here: www.uofscfoundations.org
What is the revenue of University Of South Carolina Development Foundation?
University Of South Carolina Development Foundation's revenue in 2022 was $12,812,740.
Official website here: www.uofscfoundations.org
Who are the executives of University Of South Carolina Development Foundation and what are their salaries?
There 20 volunteers at University Of South Carolina Development Foundation.
Here are 27 key members and their salaries (University Of South Carolina Development Foundation's CEO's salary is $0 and their total compensation is $390,221):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $218,609
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $118,720
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $365,813
- Other: $24,408
- Compensation: $0
- Related: $258,000
- Other: $11,311
- Compensation: $0
- Related: $91,481
- Other: $15,623
- Compensation: $0
- Related: $69,441
- Other: $26,326
- Compensation: $0
- Related: $199,243
- Other: $68,187
- Compensation: $0
- Related: $154,397
- Other: $49,503
- Compensation: $0
- Related: $152,749
- Other: $30,112
Official website here: www.uofscfoundations.org
Where can I find the form 990 for University Of South Carolina Development Foundation?
University Of South Carolina Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uofscfoundations.org
Learn more at the official website: www.uofscfoundations.org
Mission Statement of University Of South Carolina Development Foundation
The University of South Carolina Development Foundation serves an essential role in acquiring real estate and special assets on behalf of the University of South Carolina. Through purchases or gifts, the foundation expands the university's holdings, and subsequently manages, develops, and maintains these assets to cater to the institution's needs.
Established with the primary purpose of acquiring and managing real and personal property, the University of South Carolina Development Foundation is dedicated to furthering the University's interests. The foundation's mission is multifaceted, involving the acquisition, holding, renting, selling, or transferring of property as required by the University of South Carolina. In essence, the foundation acts as a trusted steward of the university's assets, ensuring they are utilized effectively and efficiently to meet the evolving needs of the institution.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The University of South Carolina Development Foundation plays a crucial role in supporting the University of South Carolina by acquiring, managing, and developing real estate and special assets to meet the institution's diverse needs. By purchasing or receiving property as gifts, the foundation ensures that the university has the necessary facilities and infrastructure to enhance the educational experience for its students. This impact extends to creating spaces for academic growth, research, and community engagement, ultimately contributing to the overall development and sustainability of the university's mission in education. Through strategic asset management, the foundation fosters an environment that supports innovation and excellence in higher education.
This information is meant to be a general summary of University Of South Carolina Development 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.
- Investment Income: $1,720,135
- Gross Receipts: $22,384,930
Assets and Liabilities:
- Total Assets: $223,211,043
- Total Liabilities: $169,994,549
- Net Assets: $53,216,494
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1965
Phone
(803) 777-1466Principal Officer
R Jason Caskey
Main Address
1027 BARNWELL STREET, COLUMBIA, SC, 29208
Website
www.uofscfoundations.orgNTEE Category
Code: B110 - Education
If you are a representative of University Of South Carolina Development Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.