UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION

EIN 57-6017985 · Education (B110)

What they do

to Support The University of South Carolina In Its Academic, Research and Charitable Endeavors By Promoting A Culture of Philanthropy, Managing and Stewarding Donor Gifts, and Providing Financial Resources to Support Students and Faculty Now and Into The Future.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.10%of revenue went to mission work91.0% of expenses · Program services

2.00%of revenue went to fundraising2.4% of expenses

$83.67spent for every $100 of revenueRevenue covered expenses this year.

5.57%of revenue went to management and office costs6.7% of expenses

$12.04in assets for every $1 spent this yearSome assets cannot be spent right away.

63.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $593,041 for MICHAEL AMIRIDIS (UNIVERSITY PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$85,063,683

Mission workProgram services$64,732,54676.10% of revenue91.0% of expenses

ManagementOffice and general costs$4,736,2015.57% of revenue6.7% of expenses

FundraisingAsking for donations$1,701,6292.00% of revenue2.4% of expenses

Revenue left after expensesReported annual surplus$13,893,30716.33% of revenueShown in gray on the chart

Total expenses$71,170,37683.67% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.0% mission · 6.7% management · 2.4% fundraisingTotal expenses: 83.67% of revenue

2023Expense mix: 91.2% mission · 6.1% management · 2.7% fundraisingTotal expenses: 85.76% of revenue

2022Expense mix: 91.2% mission · 7.2% management · 1.6% fundraisingTotal expenses: 81.27% of revenue

2021Expense mix: 88.9% mission · 10.2% management · 0.9% fundraisingTotal expenses: 57.17% of revenue

2020Expense mix: 89.3% mission · 9.4% management · 1.3% fundraisingTotal expenses: 59.71% of revenue

2019Expense mix: 90.6% mission · 8.5% management · 0.9% fundraisingTotal expenses: 59.40% of revenue

2018Expense mix: 90.2% mission · 7.8% management · 2.0% fundraisingTotal expenses: 113.76% of revenue

2017Expense mix: 87.8% mission · 9.9% management · 2.3% fundraisingTotal expenses: 69.18% of revenue

Money in and money out

Revenue$85,063,683

Expenses$71,170,376

Annual surplus $13,893,307 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$64,732,546 · 91.0% of expenses

Management and office costs$4,736,201 · 6.7% of expenses

Fundraising$1,701,629 · 2.4% of expenses

See all reported dollar amounts

Revenue$85,063,683

Expenses$71,170,376

Assets$856,929,284

Income$100,164,295

Contributions$54,181,657

Mission work (program services)$64,732,546

Fundraising$1,701,629

Grants given$162,356,748

Average grant$2,194,010

Management and general$4,736,201

Stocks and bonds$729,739,515

Accounting fees$64,891

Investing fees$266,827

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL AMIRIDISUNIVERSITY PRESIDENT $593,041

JASON CASKEYPRESIDENT AND CEO, UNIVERSITY FOUNDATION · 15 hrs/week $501,227Base $469,728 · Other $31,499

KIM ELLIOTTCFO AND TREASURER · 30 hrs/week $315,626Base $298,710 · Other $16,916

SUSAN SMITHCOO (END JANUARY 2025) · 30 hrs/week $270,208Base $196,243 · Other $73,965

JENNIFER MUIRDIRECTOR OF INVESTMENTS · 39 hrs/week $225,602Base $162,364 · Other $63,238

HUNTER LAMBERTASSISTANT VICE PRESIDENT, DIRECTOR R.E. · 15 hrs/week $185,596Base $149,771 · Other $35,825

JEAN PINCKNEYDIRECTOR OF ACCOUNTING · 1 hrs/week $163,548Base $148,304 · Other $15,244

RUTH ANN SHULERDIRECTOR OF PLANNED GIVING · 40 hrs/week $160,071Base $147,700 · Other $12,371

PAM COPEDIRECTOR OF HUMAN RESOURCES · 40 hrs/week $139,848Base $126,800 · Other $13,048

SANDY HIGHTOWERSECRETARY (END MAY 2025) · 30 hrs/week $110,779Base $74,817 · Other $35,962

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

MICHAEL AMIRIDISUNIVERSITY PRESIDENT

JASON CASKEYPRESIDENT AND CEO, UNIVERSITY FOUNDATION

KIM ELLIOTTCFO AND TREASURER

SUSAN SMITHCOO (END JANUARY 2025)

JENNIFER MUIRDIRECTOR OF INVESTMENTS

HUNTER LAMBERTASSISTANT VICE PRESIDENT, DIRECTOR R.E.

JEAN PINCKNEYDIRECTOR OF ACCOUNTING

RUTH ANN SHULERDIRECTOR OF PLANNED GIVING

PAM COPEDIRECTOR OF HUMAN RESOURCES

SANDY HIGHTOWERSECRETARY (END MAY 2025)

STEPHEN D MARINODIRECTOR

R KEITH ELLIOTTDIRECTOR

RICHARD S PLYLERDIRECTOR

RUFUS C MCENTIRE JRDIRECTOR

LORI HAIRDIRECTOR

SUSAN W CRAMERDIRECTOR

THOMAS C DEAS JRDIRECTOR

WILLIAM D CHASEDIRECTOR

WILLIAM N SMITHDIRECTOR

PAMELA A BAKERDIRECTOR

BOYD B JONESDIRECTOR

LEAH MOODYDIRECTOR

KENDA LAUGHEYCHAIR

JOHN V JONSONDIRECTOR

JEFF SPEARSDIRECTOR

JAMES BENNETTCHAIR EMERITUS

J ALLEN WRIGHTDIRECTOR

FELICIA HOWARDDIRECTOR

CHRISTOPHER JUDGEDIRECTOR

CALVIN ELAMVICE CHAIR

About this charity

Recognized since: January 1962
Location: 1027 BARNWELL ST, COLUMBIA, SC 29208-4017
County: Richland
In care of: % RUSS MEEKINS
Primary officer: R Jason Caskey, President/CEO

How to reach them

WebsiteVisit the charity’s website Phone(803) 777-1466

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Education (B110)
Grant-giving organization: Yes