2023-11-14T14:25:37-06:00 2023-06-30 570776381 WEBSTERROGERS LLP 1411 SECOND LOOP ROAD FLORENCE SC 29505 990 2022-07-01 570354696 COASTAL EDUCATIONAL FOUNDATION INC COAS 8433492194 PO BOX 261954 CONWAY SC 295286054 CHRISTOPHER JOHNSON EXECUTIVE DIRECTOR 8433492194 2023-11-13 1 CHRISTOPHER JOHNSON 999009999 0 TABATHA R BELLFLOWERSEA P01314866 8436655900 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER JOHNSON PO BOX 261954 CONWAY SC 295286054 5348724 0 X WWW.COASTAL.EDU/CEF X 1954 SC SUPPORT COASTAL CAROLINA UNIVERSITY THROUGH SCHOLARSHIPS AND PROGRAMS 30 30 0 30 0 0 3372529 4528257 0 0 3438707 213661 466495 494699 7277731 5236617 6159348 2523687 0 0 0 0 0 27441 27441 594606 769620 6753954 3320748 523777 1915869 66712736 74413716 2062301 2167726 64650435 72245990 TO PROVIDE SUPPORT TO COASTAL CAROLINA UNIVERSITY THROUGH CHARITABLE DONATIONS RECEIVED PRIMARILY FROM INDIVIDUAL DONORS. 0 0 887549 571441 UNIVERSITY SUPPORT - THE FOUNDATION PROVIDES SALARY ENRICHMENT AND BENEFITS TO ATTRACT AND RETAIN TOP ADMINISTRATION. 1104279 1072207 PROGRAM SUPPORT - THE FOUNDATION FUNDS CHAIRS AND PROFESSORSHIPS FOR THE VARIOUS COLLEGES AND PROVIDES FUNDING FOR MANY OF THE RENOWNED PROGRAMS THAT HAVE LED COASTAL CAROLINA UNIVERSITY TO BE RECOGNIZED AS ONE OF "AMERICA'S 100 BEST COLLEGE BUYS" FOR ELEVEN CONSECUTIVE YEARS. ALSO, COASTAL CAROLINA UNIVERSITY IS RANKED SIXTH IN THE BEST VALUE CATEGORY FOR SOUTHERN REGIONAL UNIVERSITIES IN THE 2021 EDITION OF THE U.S. NEWS AND WORLD REPORT "BEST COLLEGE" ANNUAL RANKINGS. 880039 880039 SCHOLARSHIPS - THE FOUNDATION IS ABLE TO PROVIDE SCHOLARSHIP ASSISTANCE TO STUDENTS MEETING VARYING CRITERIA THROUGH BOTH ENDOWMENTS AND ANNUAL CONTRIBUTIONS. 2871867 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 31 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X CHRISTOPHER JOHNSON 8433492885 104 INDEPENDENCE DRIVE CONWAY SC 29526 TONY K COX PAST CHAIRMAN 0.30 X 0 0 0 MICHAEL F HAGG CHAIRMAN 0.30 X X 0 0 0 CHRISTOPHER ST JOHN VICE CHAIRMAN 0.30 X X 0 0 0 E LAWTON BENTON MEMBER 0.30 X 0 0 0 FRANKLIN C BLANTON MEMBER 0.30 X 0 0 0 MERRILL T BOYCE MEMBER 0.30 X 0 0 0 T PRESTON BROWN MEMBER 0.30 X 0 0 0 O BARTLETT BUIE MEMBER 0.30 X 0 0 0 DAVID D DOUGLAS MEMBER 0.30 X 0 0 0 W JENNINGS DUNCAN MEMBER 0.30 X 0 0 0 EDGAR L DYER MEMBER 0.30 X 0 0 0 DENNIS L WADE MEMBER 0.30 X 0 0 0 J STEWART HASKIN JR MEMBER 0.30 X 0 0 0 KEITH C HINSON MEMBER 0.30 X 0 0 0 JODY C HYDEN MEMBER 0.30 X 0 0 0 CHRISTOPHER S HUGGINS SECRETARY/TREASURER 0.30 X X 0 0 0 WILLIAM O MARSH MEMBER 0.30 X 0 0 0 JAMES B MOORE JR MEMBER 0.30 X 0 0 0 MICHAEL D PRUITT MEMBER 0.30 X 0 0 0 JOSEPH F SINGLETON MEMBER 0.30 X 0 0 0 CARL O FALK MEMBER 0.30 X 0 0 0 ROGER GRIGG MEMBER 0.30 X 0 0 0 DEBORAH VROOMAN MEMBER 0.30 X 0 0 0 E CRAIG WALL III MEMBER 0.30 X 0 0 0 MELODY JE BREEDEN MEMBER 0.30 X 0 0 0 JOHN M DRAUGHN MEMBER 0.30 X 0 0 0 CHRISTY S EVERETT MEMBER 0.30 X 0 0 0 BRIAN J ARGO MEMBER 0.30 X 0 0 0 DAVID W SAGE MEMBER 0.30 X 0 0 0 RUTHIE S KEARNS MEMBER 0.30 X 0 0 0 CHRISTOPHER JOHNSON EXECUTIVE DIRECTOR 40.00 X 0 154768 0 0 154768 0 0 0 1 0 MICHAEL BENSON 302 CLUB DRIVE MYRTLE BEACH SC 29572 STIPEND PAID CCU SUPPORT 217500 1 56924 4471333 124560 4528257 214221 214221 18462 18462 351510 0 351510 351510 351510 560 -560 -560 -560 84447 56924 111547 -27100 -27100 MISCELLANEOUS 900099 151827 151827 151827 5236617 502777 0 205583 2523687 2523687 17060 17060 24600 24600 27441 27441 69150 69150 29204 25089 4115 15666 10757 4909 20310 15013 5297 ACADEMIC SUPPORT 274352 274352 BAD DEBT 219300 219300 OPERATIONAL EXPENSES 86896 9887 77009 0 LEASES AND TAXES 13082 13082 3320748 2871867 421440 27441 2044186 2637157 5273674 5011732 10601 69 5506399 219958 4552107 5286441 51254676 57803220 3244450 3348550 333042 326547 66712736 74413716 2033968 2139393 28333 28333 2062301 2167726 X 8679857 9411175 55970578 62834815 64650435 72245990 66712736 74413716 X 1915869 5664903 14783 X X 0 1 X 1 0 X 7562575 3456319 2277061 3372529 4528257 21196741 7562575 3456319 2277061 3372529 4528257 21196741 8420260 12776481 597368 561689 500117 604054 584193 2847421 31161 13378 3525 596 151827 200487 24244649 0.52700 0.47130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44415545 3272166 4860880 1318352 51230239 50836785 2151358 -7108687 1463911 44415545 39685842 1724943 10778422 1353060 50836785 41451174 2596891 1715563 6077786 39685842 35122948 5688293 1778385 1138452 41451174 0.78000 0.22000 0 0 4842586 4842586 626667 182812 443855 15161 15161 0 21985 21985 0 5286441 X 11489046 5664903 530346 126330 6321579 5167467 69150 69150 5236617 3893491 530346 111547 641893 3251598 69150 69150 3320748 PART X, LINE 2: CEF IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS AT JUNE 30, 2023. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS ADDITIONAL INCOME TAXES. THE FOUNDATION DID NOT RECOGNIZE ANY INTEREST AND PENALTIES DURING 2023 OR 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 111,547. CHANGE IN OFFICERS LIFE INSURANCE 14,783. PART XI, LINE 4B - OTHER ADJUSTMENTS: ENDOWMENT EXPENSES 69,150. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 111,547. X X X X X 1 BWF 7900 XERXES AVENUE SOUTH SUITE 980 MINNEAPOLIS MN 55431 PROFESSIONAL FUNDRAISER 0 0 27441 0 27441 LIFE FUNDRAISING PROGRAM 32886 18800 14086 18219 ALUMNI GOLF TOURNAMENT 34280 2500 31780 551 243 4917 7 76827 33520 43307 5000 6176 2728 73025 143993 54820 89173 5551 6419 2728 96161 110859 -21686 SCHEDULE G, PART I, LINE 2B, COLUMN (V) CEF PAID BWF $27,441 IN FISCAL YEAR 2023 FOR PROFESSIONAL FUNDRAISING CONSULTING SERVICES ONLY. BWF DID NOT PROVIDE ANY DIRECT FUNDRAISING ACTIVITIES OR CONTRIBUTED DIRECTLY TO ANY DONATIONS RECEIVED BY CEF. 0 COASTAL CAROLINA UNIVERSITY PO BOX 261954 CONWAY SC 29526 570977955 115 2523687 0 FAIR MARKET VALUE COASTAL EDUCATION FOUNDATION WAS CHARTERED TO SUPPORT THE UNIVERSITY WITH VARIOUS DONATIONS. 0 0 0 0 0 0 0 0 0 CHRISTOPHER JOHNSON EXECUTIVE DIRECTOR 0 154768 0 0 0 0 0 0 0 0 0 154768 0 0 PART I, LINE 3 COMPENSATION IS APPROVED BY THE BOARD. X 500 COMPARABLE SALES X 2291 COMPARABLE SALES X 2 56430 FAIR MARKET VALUE X 1 50 COMPARABLE SALES X 3 5515 COMPARABLE SALES X TRIPS/ACCOMODATIONS/MEMBERSHIPS 2 16485 COMPARABLE SALES X CUSTOM ITEMS/PRINTS/JEWELRY 18 11580 COMPARABLE SALES X GIFT CARDS 17 5304 COMPARABLE SALES X TICKETS 5 1625 COMPARABLE SALES X EQUIPMENT 0 0 COMPARABLE SALES 0 1 1 PART I, LINE 32B: REAL ESTATE AGENTS OR OTHER BROKERS/PROFESSIONALS FOR REAL ESTATE GIFTS, STOCK GIFTS, AND OTHER PROPERTY DONATIONS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER AND IS DISCUSSED IN A FINANCE COMMITTEE MEETING OPEN TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE ANNUAL CONFLICT OF INTEREST DISCLOSURES SUBMITTED BY EACH MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS NO EMPLOYEES. ALL EMPLOYEES ARE ACTUALLY EMPLOYED BY THE UNIVERSITY. THE UNIVERSITY HAS THREE PROCESSES IN PLACE WITH REGARDS TO DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL DATA ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN LIFE INSURANCE VALUE 14,783. COASTAL CAROLINA UNIVERSITY PO BOX 261954 CONWAY SC 29526 570977955 INSTITUTE OF HIGHER LEARNING SC IRC 115 N/A 0 CHANTICLEER ATHLETIC FOUNDATION PO BOX 261954 CONWAY SC 29528 570765209 UNIVERSITY ATHLETIC SUPPORT SC 501(C)(3) LINE 7 COASTAL CAROLINA UNIVERSITY 0 COASTAL CAROLINA UNIVERSITY STUDENT HOUSING FOUNDATION PO BOX 261954 CONWAY SC 29528 223858837 UNIVERSITY STUDENT HOUSING SC 501(C)(3) LINE 11(C) COASTAL CAROLINA UNIVERSITY 0 COASTAL CAROLINA UNIVERSITY RESEARCH FOUNDATION PO BOX 261954 CONWAY SC 29526 474156836 UNIVERSITY RESEARCH SC 501(C)(3) LINE 5 COASTAL CAROLINA UNIVERSITY 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 CCU-CASH SUPPORT B 2523687 FAIR MARKET VALUE CCU-LEASED FACILITIES J 351510 FAIR MARKET VALUE CCU-SHARED ASSETS N 19838 FAIR MARKET VALUE CCU-SHARED EMPLOYEES O 510508 FAIR MARKET VALUE CCU-REIMBURSEMENT P 31681 FAIR MARKET VALUE