College of Charleston Foundation

College of Charleston Foundation

Charleston, SC 29424
Tax ID23-7069236

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About this organization

Revenue

$12,573,223

Expenses

$10,706,827

Mission

TO PROMOTE EDUCATION, RESEARCH, AND DEVELOPMENT PROGRAMS FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE OF CHARLESTON

About

SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF OUR ACCOMPLISHMENTSTHE COLLEGE OF CHARLESTON FOUNDATION, WHICH FOR NEARLY 50 YEARS HAS BEEN DEDICATED TO SUPPORTING THE COLLEGE OF CHARLESTON, RECEIVED $15.8 MILLION IN NEW COMMITMENTS IN FISCAL YEAR 2018-2019 TO ADVANCE THE COLLEGE'S MISSION. SEVERAL POINTS OF PRIDE EMERGE FROM OUR FY19 ACCOMPLISHMENTS: - MORE THAN 6,000 UNIQUE DONORS- THREE GIFTS OF $1 MILLION OR MORE- $10.74 MILLION ACHIEVED THROUGH GIFTS OF $50,000 OR MORE- $2.34 MILLION GARNERED THROUGH ANNUAL GIVING PROGRAMS (UNRESTRICTED AND RESTRICTED ANNUAL GIVING FUNDS)- $5.28 MILLION SECURED IN PLANNED GIFTS, WITH THE NUMBER OF NEW ESTATE INTENTIONS INCREASING BY NEARLY 10%- ALUMNI CONTINUE TO BE OUR LARGEST DONOR CONSTITUENCY TO THE UNRESTRICTED COLLEGE OF CHARLESTON FUND, CONTRIBUTING 54.7% PERCENT OF ALL COMMITMENTS- GIFTS FROM PARENTS OF CURRENT COLLEGE OF CHARLESTON STUDENTS INCREASED BY 12.3%MANY INITIATIVES ARE PRIORITIZED EACH YEAR, FROM ATHLETIC AND UNRESTRICTED FUNDS TO DEPARTMENT-BASED AND FACULTY RESEARCH FUNDS. SCHOLARSHIPS RESONATE WITH A MAJORITY OF OUR DONORS, AS THEY PROVIDE DIRECT AND IMMEDIATE IMPACT ON THE STUDENT EXPERIENCE. APPROXIMATELY 972 STUDENTS RECEIVED SCHOLARSHIP FUNDING THROUGH THE FOUNDATION LAST YEAR (NEARLY A 14% INCREASE FROM LAST YEAR), TOTALING NEARLY $3.6 MILLION IN PRIVATELY FUNDED AWARDS.THE STORIES OF INSPIRATION AND MOTIVATION NO MATTER WHAT THE GIFT SIZE THAT TAKE PLACE BEHIND THE FIGURES OF DOLLARS AND DONORS SHOWCASES HOW GIVING IMPACTS THE COLLEGE OF CHARLESTON CAMPUS. FOLLOWING ARE EXAMPLES OF COMMITMENTS THAT ATTEST TO THE HIGH QUALITY EDUCATION AND CAMPUS EXPERIENCE THAT THE COLLEGE PROVIDES.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “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.”.

When outlining its functions, they were explained as: “To promote education, research, and development programs for the exclusive benefit of the college of charleston”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as SC.
  • The filing records the non-profit's address for 2020 as 66 GEORGE STREET, CHARLESTON, SC, 29424.
  • As of 2020, the non-profit's form reports a total of 4 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,866,396.
  • The organization has 32 independent voting members.
  • The organization was formed in 1970.
  • The organization pays $2,246,030 in salary, compensation, and benefits to its employees.
  • The organization pays $1,683,471 in fundraising expenses.

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