funder logo

University of South Carolina Educational Foundation

University of South Carolina Educational Foundation

Columbia, SC, US
501(c)(3)
EIN
57-6017985
Regional Funder
funder logo

University of South Carolina Educational Foundation

Columbia, SC, US
501(c)(3)
EIN
57-6017985
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$84,705,963

Contributions
52%
Other
36%
Investments
11%
Program Services
<1%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$72,648,031

Grants
51%
Other
30%
Fees to Service Providers
8%
Offices, Occupancy & IT
6%
Salaries & Benefits
5%
Interest
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$44,287,620
$44,207,386
0%
Government Grants
$0
$0
-
Fundraising Events
$135,019
$186,361
+38%
Program Services
$634,776
$798,118
+26%
Membership Dues
$0
$0
-
Investments
$8,189,488
$9,238,618
+13%
Other
$10,834,563
$30,275,480
+179%
Total Revenues
$64,081,466
$84,705,963
+32%
Expenses
2023
2024
Change
Grants
$18,581,217
$36,702,765
+98%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,044,285
$3,329,894
+9%
Fees to Service Providers
$4,918,737
$5,627,182
+14%
Advertising & Promotion
$88,568
$66,794
-25%
Offices, Occupancy & IT
$3,223,700
$4,495,598
+39%
Interest
$253,355
$491,745
+94%
Depreciation
$472,671
$13,904
-97%
Other
$21,496,342
$21,920,149
+2%
Total Expenses
$52,078,875
$72,648,031
+39%
Net income
2023
2024
Change
Net income
+$12,002,591
+$12,057,932
+0%
Functional Expenses
Summary
2023
2024
Change
Program
$47,506,256
$66,226,196
+39%
Admin
$3,742,118
$4,455,564
+19%
Fundraising
$830,501
$1,966,271
+137%
Total Expenses
$52,078,875
$72,648,031
+39%
Income Statement
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