2023-11-02T13:22:06-04:00 2022-12-31 920971496 RHINEHART & SUMMERS CPAS LLC PO BOX 584 ORANGEBURG SC 291160584 990 2022-01-01 237113930 SOUTH CAROLINA STATE UNIVERSITY FOUNDATION INC SOUT 8035164722 PO BOX 7187 ORANGEBURG SC 291170001 STEPHEN V BEATTY CHAIR & INTERIM DIR. 8035164722 2023-11-15 true STEPHEN BEATTY 999009999 true DWIGHT C SUMMERS JR P00286960 8035366866 2023-11-02 2022 2023-04-26 12:10:37Z STEPHEN V BEATTY 3675 CRESTWOOD PARKWAY STE 272 DULUTH GA 30096 19300317 false X WWW.SCSU.EDU/GIVETOSCSTATE/SCSTATEUNIV X 1971 SC TO FOSTER AND PROMOTE THE GROWTH OF SOUTH CAROLINA STATE UNIVERSITY BY RECEIVING, INVESTING, AND EXPENDING FUNDS FOR THE EXCLUSIVE BENEFIT OF THE UNIVERSITY. 10 10 4 9 0 4039987 4864617 0 787592 604064 -26004 -196463 4801575 5272218 769176 1029362 0 203907 152950 0 960 1428577 2269714 2401660 3452026 2399915 1820192 17433357 16297661 235033 143008 17198324 16154653 TO FOSTER AND PROMOTE THE GROWTH OF SOUTH CAROLINA STATE UNIVERSITY BY RECEIVING, INVESTING, AND EXPENDING FUNDS FOR THE EXCLUSIVE BENEFIT OF THE UNIVERSITY. false false 2596660 1029362 RECEIVE, INVEST, AND EXPEND FUNDS FOR THE EXCLUSIVE BENEFIT OF THE UNIVERSITY. DURING THE CURRENT YEAR, THE FOUNDATION MADE GRANTS TO THE UNIVERSITY SO THAT THE UNIVERSITY WAS ABLE TO PROVIDE SCHOLARSHIPS TO STUDENTS. 2596660 true true false false false false false true false true true false false false false false true false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 101 0 4 true false false false false false true true false false false false false false false false X 10 10 false false false false false false false true true false false true true false true false true true false false SC X NECY GLOVER 8035164722 PO BOX 7187 ORANGEBURG SC 29117 X STEPHEN V BEATTY CHAIR & INTE 17.50 X 0 0 0 VERNELL T BROWN TREASURER 3.00 X X 0 0 0 EDWENA L CROWE VICE CHAIR 2.50 X X 0 0 0 ETHELL VEREEN JR SECRETARY 2.00 X X 0 0 0 EDWARD D WILLIAMS EX-OFFICIO D X 0 0 0 GEORGE K QUICK EX-OFFICIO D X 0 0 0 ALEXANDER CONYERS EX-OFFICIO D X 0 0 0 HENRY ALLEN EX-OFFICIO D X 0 0 0 DOUGLAS D GANTT EX-OFFICIO D X 0 0 0 ZYAH CEPHUS EX-OFFICIO D X 0 0 0 false false false 300362 4564255 13500 4864617 347384 347384 12286 12350 -64 -64 -64 14074068 13817388 256680 256680 256680 300362 198361 -198361 OTHER INCOME 1962 1962 1962 5272218 605962 1029362 1029362 142937 17889 125048 7410 7410 2603 2603 173234 68170 105064 19588 19588 4055 4055 49028 40453 8575 153046 108147 44899 690876 497490 193386 27084 15309 11775 40499 10569 29930 2405 2405 245388 184949 60439 11350 698 10652 CATERING 320900 193440 127460 ATHLETIC SUPPORT 185107 164243 20864 SMALL EQUIPMENT PURCHASES 98356 97768 588 BANK AND CC FEES 50591 40257 10334 198207 127916 69331 960 3452026 2596660 854406 960 3156925 5111339 647304 447999 146900 123200 23700 23700 13066019 10175214 539409 539409 17433357 16297661 235033 143008 235033 143008 X 1585519 1890015 15612805 14264638 17198324 16154653 17433357 16297661 X 1820192 -2863863 X false true X true false X 2558193 3118482 1923978 4039987 4856507 16497147 2558193 3118482 1923978 4039987 4856507 16497147 16497147 190771 211093 220754 260907 347384 1230909 22313 30414 570886 17713 14248 655574 18383630 1953845 0.89740 0.89430 X PART II, LINE 10 RENT 65,763 WRITE OFF ACCRUED COMPENSATION 570,136 PPP LOAN FORGIVENESS 17,513 OTHER INCOME 2,162 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 9092148 687774 -2779923 35368 155856 71799 6736976 7907830 365038 979130 50378 85687 23785 9092148 6809126 168582 1248203 75561 195404 47116 7907830 5618915 210447 1082402 48109 17872 33657 6809126 6523189 425116 -583551 12507 721694 11638 5618915 1.00000 false false 23700 23700 123200 123200 23700 2615049 -2863863 206694 -2657169 5272218 5272218 3658720 206694 206694 3452026 3452026 SCHEDULE D, PAGE 4, PART XI, LINE 2D INTERFUND MANAGEMENT FEES 206,694 SCHEDULE D, PAGE 4, PART XII, LINE 2D INTERFUND MANAGEMENT FEES 206,694 2022 GALA EVENT 300362 300362 18000 911 536 16713 7500 154701 300362 300362 18000 911 536 16713 7500 154701 198361 -198361 false SCHOLARSHIP AWARDS 1029362 SCHEDULE I, PAGE 1, PART I, LINE 2 SCHOLARSHIP ASSISTANCE ELIGIBILITY AND ACADEMIC REQUIREMENTS ARE MONITORED IN CONJUNCTION WITH SOUTH CAROLINA STATE UNIVERSITY AS STIPULATED BY THE DONOR'S CRITERIA. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 REVIEWED BY THE BOARD AT THE BOARD MEETING PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION HAS A CONFLICT OF INTEREST POLICY THAT IS MONITORED BY THE MEMBERSHIP COMMITTEE. IN SITUATIONS WHERE A POTENTIAL CONFLICT MAY EXIST DURING THE YEAR, THE BOARD MEMBER RECUSES HIMSELF/HERSELF FROM THE DISCUSSIONS AND VOTE. FORM 990, PAGE 6, PART VI, LINE 15A THE FOUNDATION ADHERES TO THE UNIVERSITY'S POLICIES AND GUIDELINES WHICH ARE ESTABLISHED BY THE STATE OF SOUTH CAROLINA. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION RETAINS THE GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, AND THE FORM 990 AT THE FOUNDATION'S OFFICE. THE DOCUMENTS ARE AVAILABLE AND PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 INTERFUND MANAGEMENT FEES 206,694 INTERFUND MANAGEMENT FEES -206,694