2025-11-11T09:15:07-06:00 2025-06-30 580692043 MAULDIN & JENKINS LLC 508 HAMPTON STREET COLUMBIA SC 29201 990 2024-07-01 570705675 UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST UNIV 8032163304 PO BOX 413 COLUMBIA SC 29202 JEFFREY L PERKINS SENIOR VICE PRESIDENT AND SECRETARY 8032163304 2025-11-07 1 1 MICHELLE CHAPMAN CPA P00105223 8037995810 2025-11-07 2024 2025-03-06 01:10:19Z JEFFREY L PERKINS PO BOX 413 COLUMBIA SC 29202 47694759 0 X N/A X 1980 SC ENHANCE THE EXEMPT FUNCTION OF UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE AND THE COMMUNITIES IT SERVES. 14 0 136 0 0 0 0 0 7734926 11804860 633673 1717986 31745954 30714964 40114553 44237810 1104965 560000 0 0 30679578 29500533 0 0 0 8847115 13209452 40631658 43269985 -517105 967825 64774437 62857499 30196799 27031193 34577638 35826306 X THE EDUCATIONAL TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF, AND TO CARRY OUT THE PURPOSES OF, THE UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE AND THE GREATER UNIVERSITY OF SOUTH CAROLINA. ITS MAIN PURPOSES ARE TO AUGMENT AND AID EDUCATION, SERVICE, RESEARCH, AND DEVELOPMENT IN THE HEALTH SCIENCES AND IN THE FIELDS OF PREVENTIVE AND CURATIVE MEDICINE. THEREFORE THE OVERALL PURPOSE OF THE EDUCATIONAL TRUST IS TO PROVIDE HEALTHCARE RESOURCES IN CONJUNCTION WITH ENHANCED TEACHING OPPORTUNITIES AND TO PROVIDE RESOURCES IN SUPPORT OF THE SCHOOL OF MEDICINE. 0 0 14114918 560000 1622216 SUPPORT OF UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE AND ITS FACILITIES AND OPERATIONS. 27072850 11896247 THE TRUST OWNS AND OPERATES TWO PROFESSIONAL MEDICAL OFFICE BUILDINGS ADJACENT TO THE CAMPUS OF PRISMA HEALTH RICHLAND. 41187768 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 SC X DEREK B PAYNE (EXECUTIVE DIRECTORTREASURER) 8032163304 PO BOX 413 COLUMBIA SC 29202 GERALD HARMON MD INTERIM DEAN 40.00 X 291480 317692 29148 CHARLES CARTER MD FACULTY REPRESENTATIVE, FA 40.00 X 204798 145062 20480 SHARON WEISSMAN MD CHAIR, INTERNAL MEDICINE 40.00 X 351087 206584 34500 GREGG TALENTE MD FACULTY REPRESENTATIVE, IN 40.00 X 239882 121599 23988 SOUVIK SEN MD CHAIR, NEUROLOGY 40.00 X 132788 334166 13279 MEERA NARASIMHAN MD CHAIR, NEUROPSYCHIATRY 40.00 X 153640 361435 15364 SHILPA SRINIVASAN MD FACULTY REPRESENTATIVE, NE 40.00 X 133098 140697 13310 BERRY CAMPBELL MD CHAIR, OB/GYN 40.00 X 356360 254201 34500 CHRISTOPHER MAZOUE MD CHAIR, DEPARTMENT OF ORTHO 40.00 X 1093650 184050 34500 R CAUGHMAN TAYLOR MD CHAIR, PEDIATRICS 40.00 X 237165 278082 23717 C OSBORNE SHULER MD FACULTY REPRESENTATIVE, PE 40.00 X 300106 121325 30011 JEANETTE FULTON MD FACULTY REP, RADIOLOGY 40.00 X 0 67260 0 JEANETTE ANDREWS PHD DEAN, COLLEGE OF NURSING 40.00 X 0 349336 0 FLOYD BELL MD CHAIR, RADIOLOGY 40.00 X 0 181246 0 DAVID AMROL MD PRESIDENT, EDUCATIONAL TRU 40.00 X 385710 134007 34500 JEFFREY L PERKINS SENIOR VICE PRESIDENT/SECR 40.00 X 85000 371392 8500 DEREK B PAYNE EXECUTIVE DIRECTOR/TREASUR 40.00 X 45000 173025 4500 GREGORY GRABOWSKI MD CLINICAL PROFESSOR 40.00 X 1697045 121599 34500 JAMES BENJAMIN JACKSON III MD DIRECTOR OF ORTHOPEDIC RESEARCH 40.00 X 1632032 115743 34500 JEFFREY GUY MD CLINICAL PROFESSOR 40.00 X 1325053 106008 34500 DAVID KOON MD CLINICAL ASSOCIATE PROFESSOR 40.00 X 644458 110970 34500 ZEID KEILANI ASSISTANT PROFESSOR 40.00 X 654642 138891 34500 9962994 4334370 492797 17 0 1 0 PRISMA HEALTH GRANTS AND TRIALS PO BOX 748580 ATLANTA GA 30374 RURAL HEALTH/CENTER OF EXCELLENT PROJECT 2572485 PRISMA HEALTH MEDICAL GROUP PO BOX 2266 COLUMBIA SC 29202 PURCHASE/REIMBURSEMENT OF LABOR AND ASSO 533537 CLEMSON UNIVERSITY PO BOX 931616 ATLANTA GA 31193 RURAL HEALTH/CENTER OF EXCELLENT PROJECT 453895 SC OFFICE OF RURAL HEALTH 107 SALUDA POINTE DRIVE LEXINGTON SC 29072 RURAL HEALTH/CENTER OF EXCELLENT PROJECT 271675 MEDICAL UNIVERSITY OF SOUTH CAROLINA 1 SOUTH PARK CIRCLE SUITE 402 CHARLESTON SC 29407 RURAL HEALTH/CENTER OF EXCELLENT PROJECT 236306 23 PROGRAM SERVICE REVENUE 621110 11413386 11413386 OTHER CONTRACT AND PROFESSIONAL I 621110 391474 391474 11804860 436392 436392 1813332 99729 1713603 1713603 1713603 4638814 3357220 1281594 1281594 1281594 OTHER INCOME 611710 29001361 29001361 29001361 44237810 13518463 0 30719347 560000 560000 3974455 1892238 2082217 25526078 25526078 119893 119893 213836 213836 29001 29001 1004173 1004173 23103 23103 720 720 818074 818074 99740 99740 CONTRACTUAL SERVICES 10830132 10830132 MINOR EQUIPMENT, REPAIR 37753 37753 DUES AND LICENSES 33027 33027 43269985 41187768 2082217 0 10343243 12357471 24447122 20016368 25091854 16019918 9766399 9071936 15529746 17314737 1025779 933432 3662148 3163555 64774437 62857499 3408108 3900614 21179599 18591288 850000 425000 4759092 4114291 30196799 27031193 X 0 0 0 0 34577638 35826306 34577638 35826306 64774437 62857499 X 967825 280842 1 X X 0 1 X 1 0 X X X 1 UNIVERSITY OF SOUTH CAROLINA 576001153 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 22428957 13357021 9071936 2662897 2662897 0 9071936 LEASE RECEIVABLE 2762808 LIMITED USE ASSETS 400747 3163555 DEFERRED LEASE 3271797 LEASE LIABILITY 842494 4114291 X 44404545 280842 99729 380571 44023974 213836 213836 44237810 43155877 99729 99729 43056148 213836 1 213837 43269985 PART X, LINE 2: THE TRUST DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS TO REPORT UNDER FIN 48. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS RENT EXPENSE 99,729. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS RENT EXPENSE 99,729. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. 1 UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION 1027 BARNWELL STREET COLUMBIA SC 29208 576017985 501(C)(3) 500000 0 IN SUPPORT OF SCHOOL OF MEDICINE FACULTY, STAFF, AND OPERATIONAL COSTS. 1 PART I, LINE 2: GRANTS AND CONTRIBUTIONS TO THE UNIVERSITY OF SOUTH CAROLINA AND RELATED ENTITIES ARE MADE AFTER COLLABORATION WITH THE UNIVERSITY. MANY CONTRIBUTIONS ARE BASED ON COMMITMENTS MADE COLLEGIALLY BETWEEN THE UNITS. OTHERS ARE RECURRING PROJECTS, EQUIPMENT PURCHASES OR EXPENSE ITEMS. 1 X X 0 0 0 0 0 0 0 0 0 GREGORY GRABOWSKI MD CLINICAL PROFESSOR 1697045 121599 0 0 0 0 34500 0 0 0 1731545 121599 0 0 JAMES BENJAMIN JACKSON III MD DIRECTOR OF ORTHOPEDIC RESEARCH 1632032 115743 0 0 0 0 34500 0 0 0 1666532 115743 0 0 JEFFREY GUY MD CLINICAL PROFESSOR 1325053 106008 0 0 0 0 34500 0 0 0 1359553 106008 0 0 CHRISTOPHER MAZOUE MD CHAIR, DEPARTMENT OF ORTHO 1093650 184050 0 0 0 0 34500 0 0 0 1128150 184050 0 0 ZEID KEILANI ASSISTANT PROFESSOR 654642 138891 0 0 0 0 34500 0 0 0 689142 138891 0 0 DAVID KOON MD CLINICAL ASSOCIATE PROFESSOR 644458 110970 0 0 0 0 34500 0 0 0 678958 110970 0 0 BERRY CAMPBELL MD CHAIR, OB/GYN 356360 254201 0 0 0 0 34500 0 0 0 390860 254201 0 0 GERALD HARMON MD INTERIM DEAN 291480 317692 0 0 0 0 29148 0 0 0 320628 317692 0 0 SHARON WEISSMAN MD CHAIR, INTERNAL MEDICINE 351087 206584 0 0 0 0 34500 0 0 0 385587 206584 0 0 DAVID AMROL MD PRESIDENT, EDUCATIONAL TRU 385710 134007 0 0 0 0 34500 0 0 0 420210 134007 0 0 R CAUGHMAN TAYLOR MD CHAIR, PEDIATRICS 237165 278082 0 0 0 0 23717 0 0 0 260882 278082 0 0 MEERA NARASIMHAN MD CHAIR, NEUROPSYCHIATRY 153640 361435 0 0 0 0 15364 0 0 0 169004 361435 0 0 SOUVIK SEN MD CHAIR, NEUROLOGY 132788 334166 0 0 0 0 13279 0 0 0 146067 334166 0 0 JEFFREY L PERKINS SENIOR VICE PRESIDENT/SECR 85000 371392 0 0 0 0 8500 0 0 0 93500 371392 0 0 C OSBORNE SHULER MD FACULTY REPRESENTATIVE, PE 300106 121325 0 0 0 0 30011 0 0 0 330117 121325 0 0 GREGG TALENTE MD FACULTY REPRESENTATIVE, IN 239882 121599 0 0 0 0 23988 0 0 0 263870 121599 0 0 CHARLES CARTER MD FACULTY REPRESENTATIVE, FA 204798 145062 0 0 0 0 20480 0 0 0 225278 145062 0 0 JEANETTE ANDREWS PHD DEAN, COLLEGE OF NURSING 0 349336 0 0 0 0 0 0 0 0 0 349336 0 0 SHILPA SRINIVASAN MD FACULTY REPRESENTATIVE, NE 133098 140697 0 0 0 0 13310 0 0 0 146408 140697 0 0 DEREK B PAYNE EXECUTIVE DIRECTOR/TREASUR 45000 173025 0 0 0 0 4500 0 0 0 49500 173025 0 0 FLOYD BELL MD CHAIR, RADIOLOGY 0 181246 0 0 0 0 0 0 0 0 0 181246 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TRUST BOARD OF DIRECTORS DOES NOT DIRECTLY REVIEW THE FORM 990, PRIOR TO ITS BEING FILED. FORM 990 IS DETAIL REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER AND THEN CURSORY REVIEWED BY THE SENIOR VP AND SECRETARY PRIOR TO SIGNING AND FILING. FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE PREPARED ON THE SAME BASIS OF ACCOUNTING. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS, AFTER ISSUANCE. A COPY OF THE RELATED AUDITED FINANCIAL SUPPORT FOR THE 990 IS PROVIDED TO THE TRUST PRESIDENT AND OTHERS. FORM 990, PART VI, SECTION B, LINE 15B THE PRESIDENT AND ALL OFFICERS ARE MEMBERS OF THE FACULTY. ALL FACULTY COMPENSATION IS DOCUMENTED IN A WRITTEN AGREEMENT THAT IS APPROVED BY THE DEPARTMENT CHAIRMAN AND THE DEAN OF THE MEDICAL SCHOOL OR HIS PROXY. CONSIDERATIONS INCLUDE LEVEL OF ACADEMIC INVOLVEMENT, PATIENT WORKLOAD, FACULTY, CARE OF THE MEDICALLY UNDER-SERVED, AMONG OTHERS. THE PRESIDENT AND ALL OFFICERS SERVE FOR A REVOLVING PERIOD OF ONE YEAR. THE OFFICER POSITIONS ARE UNCOMPENSATED. THE OFFICER POSITIONS SERVE TO MEET LEGAL OBLIGATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MAINTAINED BY THE DIRECTOR OF LEGAL AFFAIRS. TRUST PHYSICIANS ARE FACULTY MEMBERS OF UNIVERSITY OF SC AND THE TRUST'S POLICIES REGARDING CONFLICTS OF INTEREST, USE OF SOCIAL CLUBS, TRAVEL, WHISTLEBLOWER PROVISIONS, ETC. ARE CONSISTENT WITH THOSE OF THE UNIVERSITY OF SC EDUCATIONAL FOUNDATION. FINANCIAL STATEMENTS OF THE TRUST ARE NO LONGER INCLUDED IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY OF SC AS THEY ARE CONSIDERED AN IMMATERIAL COMPONENT UNIT. FORM 990 IS AVAILABLE UPON REQUEST FROM THE DIRECTOR OF LEGAL AFFAIRS. FORM 990, PART XI, LINE 9: ROUNDING 1. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON STREET COLUMBIA SC 29208 576001153 EDUCATION OF THE STATE'S CITIZENS SC 501(C)(3) LINE 6 N/A 0 PRISMA HEALTH MEDICAL GROUP 4 MEDICAL PARK ROAD SUITE 301 COLUMBIA SC 29203 471345819 SERVE HEALTH CARE NEEDS AND EDUCATIONAL OPPORTUNITIES SC 501(C)(3) LINE 11 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 UNIVERSITY OF SOUTH CAROLINA K 99729 FAIR MARKET VALUE PRISMA HEALTH MEDICAL GROUP P 140033 FAIR MARKET VALUE