2024-02-15T13:39:26-06:00 2023-06-30 440160260 FORVIS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-07-01 237069236 COLLEGE OF CHARLESTON FOUNDATION COLL 8439533130 66 GEORGE STREET CHARLESTON SC 29424 JR BARNHART DIRECTOR OF FINANCE 8439533130 2024-02-15 1 JR BARNHART 999009999 1 AMY BIBBY P00445891 8282542254 2024-02-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JR BARNHART 66 GEORGE STREET CHARLESTON SC 29424 24259751 0 X GIVING.COFC.EDU/FOUNDATION X 1970 SC TO PROMOTE EDUCATION, RESEARCH, AND DEVELOPMENT PROGRAMS FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE OF CHARLESTON 37 37 6 48 0 0 10229730 12017658 0 0 42534 43434 1130001 1141934 11402265 13203026 5545130 6121902 0 0 2469694 2956796 0 0 1553512 4271012 5527022 12285836 14605720 -883571 -1402694 165475152 176644406 2042442 4115255 163432710 172529151 X THE MISSION OF THE COLLEGE OF CHARLESTON FOUNDATION IS TO PROMOTE PROGRAMS OF EDUCATION, RESEARCH, STUDENT DEVELOPMENT, AND FACULTY DEVELOPMENT FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE OF CHARLESTON. 0 0 7521551 5722062 SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSTHE COLLEGE OF CHARLESTON FOUNDATION HAS BEEN DEDICATED TO SUPPORTING THE ACTIVITIES AND GOALS OF THE COLLEGE FOR MORE THAN 50 YEARS. IN DOING SO, THE FISCAL YEAR ENDING JUNE 30, 2023 GARNERED APPROXIMATELY $20.6 MILLION IN TOTAL COMMITMENTS.SEVERAL POINTS OF PRIDE EMERGE FROM THE FOUNDATION'S FY23 ACCOMPLISHMENTS: A TOTAL OF 9,249 DONORS SUPPORTED THE COLLEGE, AN INCREASE OF 2% FROM THE PREVIOUS FISCAL YEAR $7.1 MILLION IN CASH, STOCK AND IN-KIND RECEIPTS 47 NEW RESTRICTED FUNDS AND 25 NEW ENDOWMENT FUNDS WERE CREATED $4.1 MILLION SECURED IN ESTATE INTENTIONS CORPORATE AND FOUNDATION RELATIONS LED THE CONSTITUENCIES IN NEW COMMITMENTS WITH $7.7 MILLION FRIENDS OF THE COLLEGE DONORS WERE SECOND ONLY TO CORPORATE AND FOUNDATION RELATIONS AMONG CONSTITUENCIES, WITH MORE THAN $5.3 MILLION IN COMMITMENTS ALUMNI WERE THE THIRD MOST GENEROUS CONSTITUENCY WITH $4.4 MILLION IN COMMITMENTS THE COMMITMENTS BY FACULTY AND STAFF WERE $529,446 APPROXIMATELY 1,025 STUDENTS RECEIVED MORE THAN 1,350 SCHOLARSHIPS FUNDED THROUGH PHILANTHROPY FROM MORE THAN $5.4 MILLION MADE AVAILABLE IN SCHOLARSHIPS AND AWARDSTHE THIRD ANNUAL COFC DAY TOOK PLACE JANUARY 26, 2023 AND WAS ANOTHER SUCCESS, RAISING A TOTAL OF $6.7M+ IN TOTAL COMMITMENTS FROM NEARLY 2,250 DONORS. COFC DAY IS NOT ONLY A SUCCESSFUL FUNDRAISING DRIVE BUT IS ALSO A WAY TO INSTILL PRIDE AND SPIRIT INTO THE HEARTS AND MINDS OF ALUMNI, PARENTS, FRIENDS, FACULTY/STAFF AND STUDENTS. THE STORIES OF INSPIRATION AND MOTIVATION THAT TAKE PLACE BEHIND THE FIGURES SHOWCASE HOW GIVING IMPACTS THE COLLEGE OF CHARLESTON CAMPUS. THE FOLLOWING ARE EXAMPLES OF THE COMMITMENTS THAT SUSTAIN THE COLLEGE'S EFFORTS TO PROVIDE EXCELLENCE IN EDUCATION:SCHOLARSHIPS/AWARDS A DONOR COMMITTED $750,000 FROM HER ESTATE TO SUPPORT HER ESTABLISHED SCHOLARSHIPS. A FOUNDATION DONOR PLEDGED $230,000 TO SUPPORT A NAMED SCHOLARSHIP, WHICH PROVIDES FINANCIAL ASSISTANCE. THEIR TOTAL GIVING TO THE COFC FOUNDATION IS NEARLY $3 MILLION SINCE THE 1980S. MARK AND LYN MICHELS COMMITTED $100,000 FROM THEIR ESTATE TO ESTABLISH THE MICHELS FAMILY ENDOWED SCHOLARSHIP.LIBRARIES THE MELLON FOUNDATION AWARDED A $2 MILLION DOLLAR GRANT TO THE AVERY RESEARCH CENTER FOR AFRICAN AMERICAN HISTORY AND CULTURE TO SUPPORT THE COLLECTION AND PRESERVATION OF DOCUMENTS, ARTIFACTS, STORIES, PHOTOGRAPHS AND ALL OTHER MATERIALS RELATED TO THE AVERY. A DONOR COMMITTED $250,000 IN HER ESTATE TO SUPPORT THE LOWCOUNTRY LGBTQ+ DOCUMENTATION PROJECT THROUGH SPECIAL COLLECTIONS AT ADDLESTONE LIBRARY. WILLIAM ESTES GIFTED THE COLLEGE A CHARLES HAMILTON SMITH (FLEMISH 1776-1859) COLLECTION OF ORIGINAL MANUSCRIPT PAGES WITH WATERCOLOR ILLUSTRATIONS OF THE AMERICAS, VALUED AT $175,200. STEPHANIE QUICK COMMITTED $100,000 FROM HER ESTATE TO SUPPORT THE JEWISH HERITAGE COLLECTION. PETER FRANK GIFTED THE COLLEGE THE PERSONAL PAPERS OF AUTHOR DOROTHEA BENTON FRANK, VALUED AT $100,000, WHICH INCLUDES MANUSCRIPT DRAFTS, WRITING WORK, RESEARCH FILES, AND CORRESPONDENCE. SCHOOL OF THE ARTS PHYLLIS JESTICE COMMITTED $348,037 FROM HER ESTATE TO SUPPORT THE MUSIC DEPARTMENT FUND. WILLIAM GAUD GAVE $66,863 TO SUPPORT THE FRANCES GRIMBALL GAUD PROFESSOR OF ART. JANET HAUGHEY GAVE $50,000 TO SUPPORT THE SCHOOL OF THE ARTS DEAN'S EXCELLENCE FUND. VALERIE MORRIS PLEDGED $50,000 TO ESTABLISH THE BORIS BOHUN-CHUDYNIV ENDOWED SCHOLARSHIP IN ARTS MANAGEMENT IN MEMORY OF HER LATE HUSBAND.SCHOOL OF LANGUAGES, CULTURES, AND WORLD AFFAIRS THE SAMUEL FREEMAN CHARITABLE TRUST GAVE $157,500 TO SUPPORT THE INTERNATIONAL SCHOLARS PROGRAM. THE LAWRENCE E. STEINBERG FOUNDATION GAVE $100,000 TO SUPPORT THE OLIVER STEINBERG SCHOLARSHIP FOR STUDENTS IN THE JEWISH STUDIES PROGRAM.ATHLETICS FOUNDERS FEDERAL CREDIT UNION PLEDGED $2.1 MILLION TO SUPPORT THE CONSTRUCTION OF THE FOUNDERS BASEBALL PERFORMANCE CENTER AT THE COLLEGE OF CHARLESTON'S BASEBALL FACILITIES AT PATRIOTS POINT ATHLETICS COMPLEX, THE LARGEST ATHLETICS GIFT IN THE COLLEGE'S HISTORY. AN ANONYMOUS DONOR PLEDGED $250,000 TO THE MEN'S BASKETBALL COMPETITIVE EXCELLENCE FUND, WITH TOTAL FY23 PLEDGES FOR THE FUND TOTALING MORE THAN $1.4 MILLION DOLLARS. ROBERT CLAWSON, JR. GAVE $100,000 TO SUPPORT THE ROBERT G. CLAWSON, JR. ENDOWED SCHOLARSHIP AND THE ROBERT G. CLAWSON, III ENDOWED SCHOLARSHIP, BOTH OF WHICH SUPPORT STUDENT ATHLETES AT THE COLLEGE. MULTIDISCIPLINARY PROGRAMS EDWARD TUCCIO '91 AND KIMBERLY TUCCIO PLEDGED $787,500 FOR THE RENOVATION OF THE EDWARD J. TUCCIO '91 STUDENT SUCCESS CENTER AT 58 GEORGE STREET, WHICH WILL HOUSE THE CAREER CENTER AND OTHER STUDENT-FOCUSED RESOURCES. CHARLES HODSON PLEDGED $525,000 TO SUPPORT THE FINANCIAL WELLNESS STAFF SUPPORT FUND.HONORS COLLEGE SABINE LANG PLEDGED $50,000 TO SUPPORT HER NAMESAKE SCHOLARSHIP, THE SABINE LANG ENDOWED HONORS SUCCESS SCHOLARSHIP. MICHAEL SHEMTOV '00 COMMITTED $50,000 FROM HIS ESTATE TO THE HONORS COLLEGE DEAN'S EXCELLENCE FUND.SCHOOL OF SCIENCES, MATHEMATICS AND ENGINEERING THE TIDES FOUNDATION PLEDGED $100,000 TO THE SCHOOL OF SCIENCES, MATHEMATICS AND ENGINEERING DEAN'S EXCELLENCE FUND TO SUPPORT THE SCHOOL OF ENGINEERING. KION NORTH AMERICA CORPORATION PLEDGED $55,000 TO SUPPORT THE KION ENDOWED ENGINEERING SCHOLARSHIP. SCOTT WARD COMMITTED $50,000 FROM HIS ESTATE TO SUPPORT THE SCOTT WARD AWARD FOR EXCELLENCE IN MATHEMATICAL STUDIES. REI AUTOMATION, INC. PLEDGED $50,000 TO SUPPORT THE REI AUTOMATION ENDOWED ENGINEERING SCHOLARSHIP.SCHOOL OF BUSINESS AN ANONYMOUS DONOR GAVE $160,000 TO SUPPORT THE CENTER FOR PUBLIC CHOICE AND MARKET PROCESS. EXPLORE CHARLESTON PLEDGED $100,000 TO SUPPORT THE HOSPITALITY AND TOURISM MANAGEMENT OPERATING FUND. JOSEPH W. KAEMPFER, JR. GAVE $35,000 TO SUPPORT THE SCHOOL OF BUSINESS DEAN'S EXCELLENCE FUND.SCHOOL OF HUMANITIES AND SOCIAL SCIENCES LUCIE HOLLAND COMMITTED $50,000 FROM HER ESTATE TO SUPPORT THE CARTER HOLLAND MEMORIAL ENDOWED SCHOLARSHIP IN COMMUNICATION. AN ANONYMOUS DONOR GAVE $50,000 TO SUPPORT THE BEHAVIORAL PSYCHOLOGY RESEARCH FUND.SCHOOL OF EDUCATION RENEE BLACK COMMITTED $250,000 FROM HER ESTATE TO SUPPORT THE MARIE LEPRINCE FARMER ANNUAL SCHOLARSHIP, WHICH SUPPORTS MINORITY STUDENTS MAJORING IN TEACHER EDUCATION. CRAIG KINGERY GAVE $40,000 TO SUPPORT THE DR. DAN AND LEE KINGERY ENDOWED AWARD.SCHOOL OF HEALTH AND HUMAN PERFORMANCE AN ANONYMOUS DONOR GAVE $30,000 TO SUPPORT THE DEAN FRANCES C. WELCH SCHOLARSHIP, WHICH SUPPORTS STUDENTS MAJORING IN EXERCISE SCIENCE OR PUBLIC HEALTH.UNRESTRICTED RYAN VELASCO '02 COMMITTED $150,000 FROM HIS ESTATE TO SUPPORT THE CAMPUS PRESERVATION FUND. PABLO AND CARINA CALDERINI GAVE $25,000 TO SUPPORT THE PRESIDENT'S STRATEGIC INITIATIVE FUND. MARGARET MOHRMANN '69 COMMITTED $25,000 FROM HER ESTATE TO SUPPORT THE 250TH AND BEYOND FUND. 4805487 399840 SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSTHE STORIES OF INSPIRATION AND MOTIVATION THAT TAKE PLACE BEHIND THE FIGURES SHOWCASE HOW GIVING IMPACTS THE COLLEGE OF CHARLESTON CAMPUS. THE FOLLOWING ARE EXAMPLES OF THE COMMITMENTS THAT SUSTAIN THE COLLEGE'S EFFORTS TO PROVIDE EXCELLENCE IN EDUCATION:SCHOLARSHIPS/AWARDS A DONOR COMMITTED $750,000 FROM HER ESTATE TO SUPPORT HER ESTABLISHED SCHOLARSHIPS. A FOUNDATION DONOR PLEDGED $230,000 TO SUPPORT A NAMED SCHOLARSHIP, WHICH PROVIDES FINANCIAL ASSISTANCE. THEIR TOTAL GIVING TO THE COFC FOUNDATION IS NEARLY $3 MILLION SINCE THE 1980S. MARK AND LYN MICHELS COMMITTED $100,000 FROM THEIR ESTATE TO ESTABLISH THE MICHELS FAMILY ENDOWED SCHOLARSHIP.LIBRARIES THE MELLON FOUNDATION AWARDED A $2 MILLION DOLLAR GRANT TO THE AVERY RESEARCH CENTER FOR AFRICAN AMERICAN HISTORY AND CULTURE TO SUPPORT THE COLLECTION AND PRESERVATION OF DOCUMENTS, ARTIFACTS, STORIES, PHOTOGRAPHS AND ALL OTHER MATERIALS RELATED TO THE AVERY. A DONOR COMMITTED $250,000 IN HER ESTATE TO SUPPORT THE LOWCOUNTRY LGBTQ+ DOCUMENTATION PROJECT THROUGH SPECIAL COLLECTIONS AT ADDLESTONE LIBRARY. WILLIAM ESTES GIFTED THE COLLEGE A CHARLES HAMILTON SMITH (FLEMISH 1776-1859) COLLECTION OF ORIGINAL MANUSCRIPT PAGES WITH WATERCOLOR ILLUSTRATIONS OF THE AMERICAS, VALUED AT $175,200. STEPHANIE QUICK COMMITTED $100,000 FROM HER ESTATE TO SUPPORT THE JEWISH HERITAGE COLLECTION. PETER FRANK GIFTED THE COLLEGE THE PERSONAL PAPERS OF AUTHOR DOROTHEA BENTON FRANK, VALUED AT $100,000, WHICH INCLUDES MANUSCRIPT DRAFTS, WRITING WORK, RESEARCH FILES, AND CORRESPONDENCE. SCHOOL OF THE ARTS PHYLLIS JESTICE COMMITTED $348,037 FROM HER ESTATE TO SUPPORT THE MUSIC DEPARTMENT FUND. WILLIAM GAUD GAVE $66,863 TO SUPPORT THE FRANCES GRIMBALL GAUD PROFESSOR OF ART. JANET HAUGHEY GAVE $50,000 TO SUPPORT THE SCHOOL OF THE ARTS DEAN'S EXCELLENCE FUND. VALERIE MORRIS PLEDGED $50,000 TO ESTABLISH THE BORIS BOHUN-CHUDYNIV ENDOWED SCHOLARSHIP IN ARTS MANAGEMENT IN MEMORY OF HER LATE HUSBAND.SCHOOL OF LANGUAGES, CULTURES, AND WORLD AFFAIRS THE SAMUEL FREEMAN CHARITABLE TRUST GAVE $157,500 TO SUPPORT THE INTERNATIONAL SCHOLARS PROGRAM. THE LAWRENCE E. STEINBERG FOUNDATION GAVE $100,000 TO SUPPORT THE OLIVER STEINBERG SCHOLARSHIP FOR STUDENTS IN THE JEWISH STUDIES PROGRAM.ATHLETICS FOUNDERS FEDERAL CREDIT UNION PLEDGED $2.1 MILLION TO SUPPORT THE CONSTRUCTION OF THE FOUNDERS BASEBALL PERFORMANCE CENTER AT THE COLLEGE OF CHARLESTON'S BASEBALL FACILITIES AT PATRIOTS POINT ATHLETICS COMPLEX, THE LARGEST ATHLETICS GIFT IN THE COLLEGE'S HISTORY. AN ANONYMOUS DONOR PLEDGED $250,000 TO THE MEN'S BASKETBALL COMPETITIVE EXCELLENCE FUND, WITH TOTAL FY23 PLEDGES FOR THE FUND TOTALING MORE THAN $1.4 MILLION DOLLARS. ROBERT CLAWSON, JR. GAVE $100,000 TO SUPPORT THE ROBERT G. CLAWSON, JR. ENDOWED SCHOLARSHIP AND THE ROBERT G. CLAWSON, III ENDOWED SCHOLARSHIP, BOTH OF WHICH SUPPORT STUDENT ATHLETES AT THE COLLEGE. MULTIDISCIPLINARY PROGRAMS EDWARD TUCCIO '91 AND KIMBERLY TUCCIO PLEDGED $787,500 FOR THE RENOVATION OF THE EDWARD J. TUCCIO '91 STUDENT SUCCESS CENTER AT 58 GEORGE STREET, WHICH WILL HOUSE THE CAREER CENTER AND OTHER STUDENT-FOCUSED RESOURCES. CHARLES HODSON PLEDGED $525,000 TO SUPPORT THE FINANCIAL WELLNESS STAFF SUPPORT FUND.HONORS COLLEGE SABINE LANG PLEDGED $50,000 TO SUPPORT HER NAMESAKE SCHOLARSHIP, THE SABINE LANG ENDOWED HONORS SUCCESS SCHOLARSHIP. MICHAEL SHEMTOV '00 COMMITTED $50,000 FROM HIS ESTATE TO THE HONORS COLLEGE DEAN'S EXCELLENCE FUND.SCHOOL OF SCIENCES, MATHEMATICS AND ENGINEERING THE TIDES FOUNDATION PLEDGED $100,000 TO THE SCHOOL OF SCIENCES, MATHEMATICS AND ENGINEERING DEAN'S EXCELLENCE FUND TO SUPPORT THE SCHOOL OF ENGINEERING. KION NORTH AMERICA CORPORATION PLEDGED $55,000 TO SUPPORT THE KION ENDOWED ENGINEERING SCHOLARSHIP. SCOTT WARD COMMITTED $50,000 FROM HIS ESTATE TO SUPPORT THE SCOTT WARD AWARD FOR EXCELLENCE IN MATHEMATICAL STUDIES. REI AUTOMATION, INC. PLEDGED $50,000 TO SUPPORT THE REI AUTOMATION ENDOWED ENGINEERING SCHOLARSHIP.SCHOOL OF BUSINESS AN ANONYMOUS DONOR GAVE $160,000 TO SUPPORT THE CENTER FOR PUBLIC CHOICE AND MARKET PROCESS. EXPLORE CHARLESTON PLEDGED $100,000 TO SUPPORT THE HOSPITALITY AND TOURISM MANAGEMENT OPERATING FUND. JOSEPH W. KAEMPFER, JR. GAVE $35,000 TO SUPPORT THE SCHOOL OF BUSINESS DEAN'S EXCELLENCE FUND.SCHOOL OF HUMANITIES AND SOCIAL SCIENCES LUCIE HOLLAND COMMITTED $50,000 FROM HER ESTATE TO SUPPORT THE CARTER HOLLAND MEMORIAL ENDOWED SCHOLARSHIP IN COMMUNICATION. AN ANONYMOUS DONOR GAVE $50,000 TO SUPPORT THE BEHAVIORAL PSYCHOLOGY RESEARCH FUND.SCHOOL OF EDUCATION RENEE BLACK COMMITTED $250,000 FROM HER ESTATE TO SUPPORT THE MARIE LEPRINCE FARMER ANNUAL SCHOLARSHIP, WHICH SUPPORTS MINORITY STUDENTS MAJORING IN TEACHER EDUCATION. CRAIG KINGERY GAVE $40,000 TO SUPPORT THE DR. DAN AND LEE KINGERY ENDOWED AWARD.SCHOOL OF HEALTH AND HUMAN PERFORMANCE AN ANONYMOUS DONOR GAVE $30,000 TO SUPPORT THE DEAN FRANCES C. WELCH SCHOLARSHIP, WHICH SUPPORTS STUDENTS MAJORING IN EXERCISE SCIENCE OR PUBLIC HEALTH.UNRESTRICTED RYAN VELASCO '02 COMMITTED $150,000 FROM HIS ESTATE TO SUPPORT THE CAMPUS PRESERVATION FUND. PABLO AND CARINA CALDERINI GAVE $25,000 TO SUPPORT THE PRESIDENT'S STRATEGIC INITIATIVE FUND. MARGARET MOHRMANN '69 COMMITTED $25,000 FROM HER ESTATE TO SUPPORT THE 250TH AND BEYOND FUND. 12327038 1 1 0 0 0 0 0 1 0 1 1 1 1 0 1 1 1 1 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 103 0 1 6 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 SC X X J R BARNHART 8439537458 66 GEORGE ST CHARLESTON SC 29424 TODD ABEDON DIRECTOR 1.00 X 0 0 0 JOHNNIE BAXLEY SECRETARY 1.00 X X 0 0 0 PEGGY BOYKIN DIRECTOR 1.00 X 0 0 0 MARK BUONO DIRECTOR 1.00 X 0 0 0 JOHN CARTER DIRECTOR 1.00 X 0 0 0 ELIZABETH COLBERT BUSCH DIRECTOR 1.00 X 0 0 0 ERIC COX DIRECTOR 1.00 X 0 0 0 NEIL DRAISIN DIRECTOR 1.00 X 0 0 0 BARTINA EDWARDS DIRECTOR 1.00 X 0 0 0 CRAIG ENEY DIRECTOR 1.00 X 0 0 0 GEORGE FRAGGOS DIRECTOR 1.00 X 0 0 0 ROBERT FREEMAN DIRECTOR 1.00 X 0 0 0 LESLIE GAMBEE DIRECTOR 1.00 X 0 0 0 NICHOLAS GLOVER DIRECTOR 1.00 X 0 0 0 KENNETH GUSTAFSON DIRECTOR 1.00 X 0 0 0 FLEETWOOD HASSELL DIRECTOR 1.00 X 0 0 0 AMY HEYEL DIRECTOR 1.00 X 0 0 0 THEODORE HOWIE DIRECTOR 1.00 X 0 0 0 REBA HUGE DIRECTOR 1.00 X 0 0 0 JEAN JOHNSON DIRECTOR 1.00 X 0 0 0 STEPHEN KERRIGAN CHAIR 1.00 X X 0 0 0 NOAH LEASK DIRECTOR 1.00 X 0 0 0 MICHELLE MANGUM DIRECTOR 1.00 X 0 0 0 H CHAPPY MCKAY DIRECTOR 1.00 X 0 0 0 JUSTIN MCLAIN DIRECTOR 1.00 X 0 0 0 BETH MEREDITH DIRECTOR 1.00 X 0 0 0 CHARLES MOSTELLER DIRECTOR 1.00 X 0 0 0 LA GUARDIA MYERS DIRECTOR 1.00 X 0 0 0 TRICIA ORY TREASURER 1.00 X X 0 0 0 RALLIS PAPPAS DIRECTOR 1.00 X 0 0 0 LAURA RICCIARDELLI DIRECTOR 1.00 X 0 0 0 R KEITH SAULS VICE CHAIR 1.00 X X 0 0 0 CATHERINE SMITH DIRECTOR 1.00 X 0 0 0 SHERRIE SNIPES-WILLIAMS DIRECTOR 1.00 X 0 0 0 SAM STAFFORD DIRECTOR 1.00 X 0 0 0 CYNTHIA THOMPSON DIRECTOR 1.00 X 0 0 0 KATHERINE WILLIAMS DIRECTOR 1.00 X 0 0 0 MS CATHY MAHON INTERIM EVP-COFC, EXC DIR OF FOUNDATION 10.00 30.00 X 12500 175397 0 MR ANDREW HSU PRESIDENT, COFC 20.00 20.00 X 218453 317160 0 MS SUZANNE AUSTIN PROVOST, COFC 20.00 20.00 X 100000 292833 0 PAUL SCHWAGER DEAN, SCHOOL OF BUSINESS - COFC 20.00 20.00 X 25000 153033 0 DR ALAN SHAO FORMER DEAN, SCHOOL OF BUSINESS - COFC 20.00 20.00 X 30900 381238 0 386853 1319661 0 1 1 1 0 ARAMARK SERVICES INC COLLEGE OF CHARLESTON 65 GEORGE STR CHARLESTON SC 29424 CATERING 520687 TRUIST BANK (FORMERLY BB&T) PO BOX 580340 CHARLOTTE NC 282580340 BANKING / FINANCIAL SERVICES 333025 HAYNSWORTH SINKLER BOYD PA PO BOX 340 CHARLESTON SC 294020340 LEGAL 187513 TOWN OF MOUNT PLEASANT 100 ANN EDWARDS LANE MOUNT PLEASANT SC 29464 CONSULTING 180743 MARKETING COMMUNICATION RESOURCE INC 4800 EAST 345TH ST WILLOUGHBY OH 44094 MARKETING 157181 8 12017658 1242240 12017658 87923 87923 695491 0 695491 695491 695491 11012236 11011438 45287 798 -45287 -44489 -44489 OTHER REVENUE 900099 439595 439595 LICENSE TAG INCOME 900099 6848 6848 446443 13203026 0 0 1185368 5722062 5722062 399840 399840 330953 318453 6250 6250 2195848 1437662 182813 575373 370097 257216 27692 85189 59898 41629 4482 13787 106125 80199 25926 48539 8455 40084 1373573 1157052 150350 66171 58398 41495 16450 453 1115695 807788 60824 247083 288535 7638 23436 257461 256002 203163 52839 502956 415923 25742 61291 1273421 1029351 65636 178434 234390 178854 55536 16434 16434 RECRUITMENT 154610 152259 2351 STUDENT DEVELOPMENT 56214 56214 PROFESSIONAL DEVELOPMEN 32382 19994 1081 11307 MISCELLANEOUS EXPENSE 9748 246 1224 8278 14605720 12327038 725170 1553512 1022147 1623610 3646097 71904 5653910 6553694 1538638 1587029 158632 9279542 4113461 5318099 5166081 401343 472134 137851934 149788700 9786473 10182673 97879 1198581 165475152 176644406 477527 438900 1507281 1533919 57634 2142436 2042442 4115255 X 16768587 17880116 146664123 154649035 163432710 172529151 165475152 176644406 X -1402694 11308373 -809238 X X 0 1 X 1 0 X 10764964 9335691 9158089 10229730 12017568 51506042 10764964 9335691 9158089 10229730 12017568 51506042 1292749 50213293 2033502 804317 697940 701053 783414 5020226 401070 375420 284047 434510 446443 1941490 58467758 0.85880 0.80020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 297900 10182673 X X X 0 124032298 2274738 8983189 6798157 128492068 128582206 6681502 -5821972 5409438 124032298 101377805 3700036 28376441 4872076 128582206 97196990 2276517 6131617 4227319 101377805 89204537 4981129 6720991 3709667 97196990 0.06750 0.93250 0 0 3793588 3793588 2249254 2273600 -24346 1980172 1599479 380693 1256528 240382 1016146 5166081 TIFF KEYSTONE FUND 149788700 F 149788700 COLLECTIONS OF ART AND HISTORICAL TREASURES 10182673 C 10182673 ANNUITIES PAYABLE 66040 LINE OF CREDIT 1001978 LEASE LIABILITY 1074418 2142436 X 23720344 11308373 -782600 10525773 13194571 8455 8455 13203026 14623903 26638 26638 14597265 8455 8455 14605720 PART III, LINE 4: THE COLLEGE OF CHARLESTON FRIENDS OF THE LIBRARY'S MISSION IS TO ADVANCE INTELLECTUAL AND CULTURAL EXCELLENCE ON OUR CAMPUS AND THROUGHOUT THE COMMUNITY. PART OF THAT MISSION INCLUDES ENHANCING THE HOLDINGS IN SPECIAL COLLECTIONS AT THE MARLENE AND NATHAN ADDLESTONE LIBRARY. SPECIAL COLLECTIONS IS COMPRISED OF RARE AND VALUABLE BOOKS, MANUSCRIPTS, AND OTHER COLLECTIBLES THAT SUPPORT RESEARCH BY STUDENTS, FACULTY, AND VISITING SCHOLARS. IN RECENT YEARS, SPECIAL COLLECTIONS STAFF IDENTIFIED SEVERAL SIGNIFICANT TITLES THAT WOULD BE STRATEGIC ACQUISITIONS TO CURRENT COLLECTIONS. THE STAFF WAS ABLE TO SECURE THESE ACQUISITIONS AND TO DATE ALL HAVE BEEN USED BY STUDENTS OR FACULTY FOR RESEARCH PAPERS AS PART OF SEVERAL ACADEMIC COURSES TAUGHT AT THE COLLEGE OF CHARLESTON. THESE ACQUISITIONS WOULD NOT HAVE BEEN POSSIBLE WITHOUT PRIVATE SUPPORT. THE IMPACT OF THESE TITLES ON THE ENTIRE CAMPUS AND THE COMMUNITY IS ENDLESS AND IMMEASURABLE. IN TIME, WITH SUPPORT OF THE FRIENDS OF THE LIBRARY, THE STAFF IN SPECIAL COLLECTIONS HOPES TO CONTINUOUSLY GROW THE COLLECTIONS IN THE SAME MANNER. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 680 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS, AND CERTAIN NET ASSETS WITHOUT DONOR RESTRICTIONS THAT HAVE BEEN DESIGNATED FOR ENDOWMENT BY THE BOARD OF DIRECTORS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS AND THE FOUNDATION'S INTERPRETATION OF RELEVANT LAW PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2023. CONTRIBUTIONS MADE TO THE FOUNDATION QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 509(A)(1) AND 170(B)(1)(A)(IV) OF THE INTERNAL REVENUE CODE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PROMISES TO GIVE -780,929. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -1,671. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF MARINE GENOMICS GRANT 26,638. EUROPE 1 0 PROGRAM SERVICE A PROPERTY IN TRUJILLO, SPAIN, WAS DONATED TO THE COLLEGE OF CHARLESTON FOR USE IN THE STUDY ABROAD PROGRAM. THE PROPERTY IS NOW BEING USED AS THE RESIDENCE FOR THE PROFESSORS INVOLVED IN THIS PROGRAM. THE FOUNDATION'S DUTY IS TO MAINTAIN AND MANAGE THE PROPERTY. 51190 0 0 0 0 0 0 51190 0 51190 1 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 COLLEGE OF CHARLESTON 66 GEORGE ST CHARLESTON SC 29424 576000265 IRC 115 4264102 0 COLLEGE OF CHARLESTON: GRANTS PROVIDED TO THE COLLEGE OF CHARLESTON ARE USED TO PROMOTE PROGRAMS OF EDUCATION, RESEARCH, STUDENT DEVELOPMENT, AND FACULTY DEVELOPMENT IN ACCORDANCE WITH THE MISSION STATEMENT OF THE FOUNDATION. COLLEGE OF CHARLESTON ALUMNI ASSOCIATION PO BOX 20216 CHARLESTON SC 29413 570760038 501C3 150000 0 COLLEGE OF CHARLESTON ALUMNI ASSOCIATION: PER A MEMORANDUM OF UNDERSTANDING (MOU) WITH THE ALUMNI ASSOCIATION OF THE COLLEGE OF CHARLESTON, THE COLLEGE OF CHARLESTON FOUNDATION SHALL PROVIDE AN AGREED UPON AMOUNT OF ANNUAL SUPPORT TO ENHANCE ALUMNI ENGAGEMENT AND PROGRAMS, WITH PAYMENTS DUE AT THE BEGINNING OF EACH QUARTER. THE MOU WAS EXECUTED ON DECEMBER 7, 2012 AND EFFECTIVE RETROACTIVELY TO JULY 1, 2012 FOR A THREE-YEAR PERIOD WITH THE APPROVAL OF THE FOUNDATION BOARD OF DIRECTORS AND THE ALUMNI ASSOCIATION BOARD OF DIRECTORS. THE MOU WAS RENIGOTIATED IN 2015 FOR AN ADDITIONAL THREE YEARS. FOR THE FISCAL YEAR JULY 1, 2019 - JUNE 30, 2022 THE FOUNDATION PAID THE ALUMNI ASSOCIATION $150,000 IN ACCORDANCE WITH THE MOU. CHARLESTON ATHLETIC FUND 307 MEETING ST CHARLESTON SC 29401 570640443 501C3 405008 0 COLLEGE OF CHARLESTON COUGAR CLUB: OPERATIONAL SUPPORT 3 ACADEMIC & ACHIEVEMENT AWARDS 1065 399840 PART I, LINE 2: GRANTS TO ORGANIZATIONS: THROUGH ITS REPRESENTATIVES ON THE ALUMNI BOARD AND THE COUGAR CLUB BOARD, THE FOUNDATION IS ABLE TO MONITOR FINANCIAL AND PROGRAM ACTIVITY FOR EACH OF THESE RESPECTIVE ORGANIZATIONS. WITH REGARD TO THE COLLEGE OF CHARLESTON, THE FOUNDATION WAS ESTABLISHED TO PROMOTE PROGRAMS OF EDUCATION, RESEARCH, STUDENT DEVELOPMENT, AND FACULTY DEVELOPMENT FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE OF CHARLESTON. IN ADDITION, THE FOUNDATION AND THE COLLEGE OF CHARLESTON HAVE EXECUTED A MEMORANDUM OF AGREEMENT TO GUIDE EXPECTATIONS BETWEEN THE TWO ORGANIZATIONS. GRANTS/ASSISTANCE TO INDIVIDUALS: ACADEMIC & ACHEIVEMENT AWARDS ARE DISTRIBUTED BASED ON SPECIFIC CRITERIA ESTABLISHED IN DONOR GIFT AGREEMENTS AS WELL AS BY ACADEMIC UNITS AT THE COLLEGE OF CHARLESTON. THE ACADEMIC UNITS ARE RESPONSIBLE FOR SELECTING RECIPIENTS BASED ON ESTABLISHED CRITERIA. STUDENT EMERGENCY ASSISTANCE IS PROVIDED BASED ON AN APPLICATION PROCESS MANAGED BY THE COLLEGE OF CHARLESTON DIVISION OF STUDENT AFFAIRS, WHO SHALL SUBMIT APPROVED REQUESTS TO THE FOUNDATION FOR DISTRIBUTION TO A STUDENT. X X X X 0 0 0 0 0 0 0 0 0 MR ANDREW HSU PRESIDENT, COFC 218453 240964 0 0 0 76196 0 0 0 0 218453 317160 0 0 DR ALAN SHAO FORMER DEAN, SCHOOL OF BUSINESS - CO 30900 353788 0 0 0 27450 0 0 0 0 30900 381238 0 0 MS SUZANNE AUSTIN PROVOST, COFC 100000 243825 0 0 0 49008 0 0 0 0 100000 292833 0 0 MS CATHY MAHON INTERIM EVP-COFC, EXC DIR OF FOUNDAT 12500 158425 0 0 0 16972 0 0 0 0 12500 175397 0 0 PAUL SCHWAGER DEAN, SCHOOL OF BUSINESS - COFC 25000 140102 0 0 0 12931 0 0 0 0 25000 153033 0 0 X 5 297900 FAIR MARKET VALUE X 100000 FAIR MARKET VALUE X 33 778223 FAIR MARKET VALUE X CARBON CATALYST MATERIAL 1 4999 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. THE FULL BOARD WAS PROVIDED A LINK TO ACCESS THE COMPLETE FORM 990, ONLINE, PRIOR TO THE PRESENTATION TO THE MEMBERS OF THE AUDIT COMMITTEE. THE FORM 990 IS FILED WITH THE IRS FOLLOWING THE BOARD REVIEW ONLINE. THE AUDIT AND FINANCE COMMITTEES MEMBERS REVIEW THE FORM AND SUPPORTING SCHEDULES. FOLLOWING REVIEW BY THE COMMITTEES, THE CHAIR OF THE AUDIT COMMITTEE PRESENTS A SUMMARY REVIEW OF THE 990 TO THE BOARD. THE BOARD DOCUMENTS THIS REVIEW IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY ALONG WITH A QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO EACH BOARD MEMBER. BOARD MEMBERS COMPLETE THE QUESTIONNAIRES AND RETURN THEM TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S EMPLOYEES ARE HIRED AND PAID BY THE COLLEGE OF CHARLESTON. THE FOUNDATION THEN REIMBURSES THE COLLEGE FOR PORTIONS OF THE EMPLOYEES' SALARY COSTS. THE HIRING PROCESS IS MONITORED BY THE HUMAN RESOURCES DEPARTMENT OF THE COLLEGE OF CHARLESTON AND IS SUBJECT TO THE COLLEGE'S POLICIES AND PROCEDURES. IN RECENT YEARS WHEN HIRING OFFICERS AND KEY EMPLOYEES, THE COLLEGE HAS CONTRACTED WITH AN OUTSIDE EXECUTIVE SEARCH FIRM WHO ASSISTS IN LOCATING AND INTERVIEWING CANDIDATES. THE FOUNDATION CONSULTS WITH THE SEARCH FIRM AND USES THE FIRM'S EXPERIENCE AND EXPERTISE IN DETERMINING COMPENSATION PACKAGES FOR THESE INDIVIDUALS THAT ARE COMPARABLE TO THOSE OF SIMILAR ORGANIZATIONS. COMPENSATION FOR THE TOP EXECUTIVE, THE EXECUTIVE DIRECTOR OF THE FOUNDATION, IS APPROVED BY THE CHAIR OF THE BOARD, PRIOR TO HIRING. FORM 990, PART VI, SECTION C, LINE 18 PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ACCOUNTING OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG AND ON THE FOUNDATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST -1,671. CHANGE IN ALLOWANCE OF UNCOLLECTIBLE PROMISES TO GIVE -780,929. CHANGE IN VALUE OF MARINE GENOMICS GRANT -26,638. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE FOUNDATION'S OVERSIGHT OR SELECTION PROCESSES FROM PRIOR YEARS. 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