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FY 2023

Verified NonprofitLast Filed 2023EIN 57-6026593

University of South Carolina Development Foundation

Columbia, SCNTEE: B110Founded 1965Website

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Total Revenue

$9.8M

FY 2023

Program Spending

93.5%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$351.0M

Total Assets

$63.6M net

53.78 mo

Operating Reserves

FY 2023

+38%

Revenue Growth

YoY

Sector

NTEE B110

Funding Track Record

Backed by 5 Institutional Funders

$1.8M raised across 12 grants (2019–2024 filings)

Funder Geography

Funders across 3 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
The Community Foundation for Greater Atlanta Inc	ATLANTA, GA	$1,533,325
Spartanburg County Foundation	SPARTANBURG, SC	$163,573
Palmetto Project Inc	NORTH CHARLESTON, SC	$50,000
South Carolina Broadcasters Association	COLUMBIA, SC	$30,000
Canyon Creek Foundation	FREDRICKSBURG, TX	$30,000

Total tracked: $1,806,898 across 12 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$13.3M in expenses

The primary purposes of the foundation are to acquire real and personal property; and to hold, rent, sell, or transfer such property in accordance with the needs of the university of south Carolina.

Financial History

Revenue Over Time

Revenue Mix

Contributions & Grants

10%

Investment Income

16%

Other

74%

Governance (FY 2023)

Leadership

R Jason Caskey

Chief Executive Officer

Kimberly H Elliott

Chief Financial Officer

Susan B Smith

Chief Operating Officer

S Alan Medlin

Board Member

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