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South Carolina · Nonprofit

University of South Carolina Development Foundation

University of South Carolina Development Foundation (South Carolina) receives grants from 4 organizations whose IRS filings report $363,573 to it, the largest being Spartanburg County Foundation ($173,573). 3 of them have funded it in more than one year.

$22M
Revenue FY2025
4
Funders on record
$364k
Grants received
$77M
Net assets
3/4 repeat funderspeak grant-dependency 2%

Against its field

University of South Carolina Development Foundation runs a healthier operating margin than three-quarters of the 3,681 education nonprofits its size.

Operating margin70% · top quartile
Months of reserve5.4mo · above the median
Revenue growth (annualized)16% · top quartile

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($7.0M) Expenses 100 ($12M) Net assets 100 ($35M)2018 Revenue 91 ($6.3M) Expenses 99 ($11M) Net assets 97 ($34M)2019 Revenue 127 ($8.8M) Expenses 66 ($7.6M) Net assets 102 ($36M)2020 Revenue 160 ($11M) Expenses 69 ($8.0M) Net assets 80 ($28M)2021 Revenue 81 ($5.6M) Expenses 43 ($5.0M) Net assets 119 ($42M)2022 Revenue 184 ($13M) Expenses 43 ($5.0M) Net assets 150 ($53M)2023 Revenue 101 ($7.0M) Expenses 54 ($6.2M) Net assets 167 ($59M)2024 Revenue 140 ($9.8M) Expenses 123 ($14M) Net assets 179 ($64M)2025 Revenue 318 ($22M) Expenses 57 ($6.6M) Net assets 218 ($77M)
'17'18'19'20'21'22'23'24'25
Revenue (318)Expenses (57)Net assets (218)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

51% of University of South Carolina Development Foundation’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$4.6M
17
$5.1M
18
$1.2M
19
$3.1M
20
$631k
21
$7.8M
22
$854k
23
$4.4M
24
$16M
25
5.4
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2022: the base narrowed from 3 funders to 1 funder, grant income fell $50k → $10k.

Funder
'17
'18
'19
'20
'21
'22
total
$50k
funders
3
2
1
3
1
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF)48% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $12M from 4 payers (the payer shares this organization's board, largest University of South Carolina Educational Foundation). These are real filings, and they are not money University of South Carolina Development Foundation raised.

From the IRS filings of University of South Carolina Development Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

University of South Carolina Development Foundation leans on a few funders — its largest provides 48% of grant income and the top three 86%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund University of South Carolina Development Foundation.

48%
largest funder
86%
top three
~3
effective funders

Largest funder’s share by year: 2017 60% · 2018 75% · 2019 100% · 2020 73% · 2021 100% · 2022 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

53% of University of South Carolina Development Foundation's grant income comes from South Carolina funders.

SC
TX

In-state vs out-of-state, by year

17
18
19
20
21
22
South Carolina out of state home

Funder states come from each funder’s own filing. $174k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like University of South Carolina Development Foundation

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 22%Fundraising 0%

Governance

19
board members
89%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

SC

Part of a family of 13 related entities

  • Cdrc LLC · disregarded
  • Williams at blossom llc · disregarded
  • Addesso-DF LLC · disregarded
  • The Inn At USC LLC · disregarded
  • West Campus LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for University of South Carolina Development Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds University of South Carolina Development Foundation?
University of South Carolina Development Foundation (South Carolina) receives grants from 4 organizations whose IRS filings report $363,573 to it, the largest being Spartanburg County Foundation ($173,573). 3 of them have funded it in more than one year.
How many funders does University of South Carolina Development Foundation have?
IRS filings report 4 organizations giving $363,573 in grants to University of South Carolina Development Foundation, 3 of which have funded it in more than one year.
Who is the largest funder of University of South Carolina Development Foundation?
Spartanburg County Foundation is the largest funder on record, with $173,573 in grants. The full list of funders is on this page.
How can an organization like University of South Carolina Development Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing