2024-11-14T11:44:52-05:00 2023-12-31 920971496 RHINEHART & SUMMERS CPAS LLC PO BOX 584 ORANGEBURG SC 291160584 990 2023-01-01 237113930 SOUTH CAROLINA STATE UNIVERSITY FOUNDATION INC SOUT 8035164722 PO BOX 7187 ORANGEBURG SC 291170001 STEPHEN V BEATTY CHAIR & INTERIM DIR. 8035164722 2024-10-30 true true DWIGHT C SUMMERS JR P00286960 8035366866 2024-11-07 2023 2024-10-15 13:58:12Z STEPHEN V BEATTY 3675 CRESTWOOD PARKWAY STE 272 DULUTH GA 30096 5547922 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. 4 10 5 9 0 4864617 4821538 0 604064 353242 -196463 -223447 5272218 4951333 1029362 1135972 0 152950 342125 0 869 2269714 2312750 3452026 3790847 1820192 1160486 16297661 18886257 143008 234920 16154653 18651337 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 2703911 1135972 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. 2703911 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 68 0 5 true false false false false false true true false false false false false false false false X 4 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 17.25 X 0 0 0 VERNELL T BROWN TREASURER 3.32 X X 0 0 0 EDWENA L CROWE VICE CHAIR 2.35 X X 0 0 0 ETHELL VEREEN JR SECRETARY 2.12 X X 0 0 0 EDWARD D WILLIAMS EX-OFFICIO D 0.05 X 0 0 0 GEORGE K QUICK EX-OFFICIO D X 0 0 0 ALEXANDER CONYERS EX-OFFICIO D 0.54 X 0 0 0 HENRY ALLEN EX-OFFICIO D 0.82 X 0 0 0 DOUGLAS D GANTT EX-OFFICIO D 0.66 X 0 0 0 ZYAH CEPHUS EX-OFFICIO D X 0 0 0 false false false 428431 4393107 4821538 342834 342834 115349 1750 113599 113599 113599 268131 257723 10408 10408 10408 428431 337116 -337116 OTHER INCOME 70 70 70 4951333 466911 1135972 1135972 300629 36854 263775 5300 5300 36196 36196 137574 39182 98392 125799 11125 114674 2982 2982 34168 34168 128380 86379 42001 362965 228497 134468 38883 6230 32653 63610 12971 50639 3006 3006 262351 179854 82497 19393 938 18455 CATERING & ENTERTAINMENT 290701 199962 90739 SMALL EQUIPMENT PURCHASES 287515 287515 EQUIPMENT & BLDG. REPAIRS 220533 161951 58582 BAD DEBTS 170515 170515 164375 111798 51708 869 3790847 2703911 1086067 869 5111339 656423 4044333 447999 283898 146900 123200 23700 23700 10175214 13338494 539409 539409 16297661 18886257 143008 234920 143008 234920 X 1890015 1945881 14264638 16705456 16154653 18651337 16297661 18886257 X 1160486 1336198 X false true X true false X 3118482 1923978 4039987 4856507 4795673 18734627 3118482 1923978 4039987 4856507 4795673 18734627 18734627 211093 220754 260907 347384 324930 1365068 30414 570886 17713 14248 115419 748680 20848375 2193759 0.89860 0.89740 X PART II, LINE 10 RENT 158,799 WRITE OFF ACCRUED COMPENSATION 570,136 PPP LOAN FORGIVENESS 17,513 OTHER INCOME 2,232 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 6953976 347748 1005343 28354 43294 49673 8185746 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 1.00000 false false 23700 23700 123200 123200 23700 6481904 1336198 194373 1530571 4951333 4951333 3985220 194373 194373 3790847 3790847 SCHEDULE D, PAGE 4, PART XI, LINE 2D INTERFUND MANAGEMENT FEES 194,373 SCHEDULE D, PAGE 4, PART XII, LINE 2D INTERFUND MANAGEMENT FEES 194,373 2023 GALA EVENT 428431 428431 58000 1683 24850 69580 11000 172003 428431 428431 58000 1683 24850 69580 11000 172003 337116 -337116 false SCHOLARSHIP AWARDS 1135972 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 194,373 INTERFUND MANAGEMENT FEES -194,373