Form 990 for tax year 2022
Filed by COLLEGE OF CHARLESTON FOUNDATION.
Totals
- Total revenue
- $13,203,026
- Total expenses
- $14,605,720
- Contributions and grants received
- $12,017,658
- Grants paid
- $6,121,902
- Program services expenses (Part IX)
- $12,327,038
- Management and general expenses
- $725,170
- Fundraising expenses
- $1,553,512
- Program service expenses (Part III)
- $12,327,038
Program services were 84.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
TODD ABEDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHNNIE BAXLEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
PEGGY BOYKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARK BUONO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN CARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH COLBERT BUSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ERIC COX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NEIL DRAISIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BARTINA EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CRAIG ENEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE FRAGGOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT FREEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LESLIE GAMBEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NICHOLAS GLOVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KENNETH GUSTAFSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
FLEETWOOD HASSELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMY HEYEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
THEODORE HOWIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
REBA HUGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JEAN JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN KERRIGAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
NOAH LEASK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHELLE MANGUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
H CHAPPY MCKAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JUSTIN MCLAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BETH MEREDITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHARLES MOSTELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LA GUARDIA MYERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TRICIA ORY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
RALLIS PAPPAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LAURA RICCIARDELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
R KEITH SAULS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
CATHERINE SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHERRIE SNIPES-WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SAM STAFFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CYNTHIA THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KATHERINE WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MS CATHY MAHON
INTERIM EVP-COFC, EXC DIR OF FOUNDATION
- Total calculated
- $187,897
- From this org
- $12,500
- From related orgs
- $175,397
- Other
- $0
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $12,500 + $158,425 related
- Bonus
- $0
- Other
- $0 + $16,972 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $12,500 + $175,397 related
-
MR ANDREW HSU
PRESIDENT, COFC
- Total calculated
- $535,613
- From this org
- $218,453
- From related orgs
- $317,160
- Other
- $0
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $218,453 + $240,964 related
- Bonus
- $0
- Other
- $0 + $76,196 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $218,453 + $317,160 related
-
MS SUZANNE AUSTIN
PROVOST, COFC
- Total calculated
- $392,833
- From this org
- $100,000
- From related orgs
- $292,833
- Other
- $0
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $100,000 + $243,825 related
- Bonus
- $0
- Other
- $0 + $49,008 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $100,000 + $292,833 related
-
PAUL SCHWAGER
DEAN, SCHOOL OF BUSINESS - COFC
- Total calculated
- $178,033
- From this org
- $25,000
- From related orgs
- $153,033
- Other
- $0
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $25,000 + $140,102 related
- Bonus
- $0
- Other
- $0 + $12,931 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $25,000 + $153,033 related
-
DR ALAN SHAO
FORMER DEAN, SCHOOL OF BUSINESS - COFC
- Total calculated
- $412,138
- From this org
- $30,900
- From related orgs
- $381,238
- Other
- $0
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $30,900 + $353,788 related
- Bonus
- $0
- Other
- $0 + $27,450 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $30,900 + $381,238 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$4,264,102
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.
-
$405,008
COLLEGE OF CHARLESTON COUGAR CLUB: OPERATIONAL SUPPORT
-
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
IRC 115 · HIGHER EDUCATION · SC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430469349302358
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