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South Carolina · Nonprofit

University of South Carolina Educational Foundation

University of South Carolina Educational Foundation (South Carolina) receives grants from 180 organizations whose IRS filings report $55,031,240 to it, the largest being THE DUKE ENDOWMENT ($11,871,000). 105 of them have funded it in more than one year.

Revenue FY2025
$85M
Funders on record
180
Grants received
$55M
Net assets
$822M
105/180 repeat funderspeak grant-dependency 15%
01What it does

What University of South Carolina Educational Foundation does

Mission

To support the University of South Carolina in its academic, research and charitable endeavors by promoting a culture of philanthropy, managing and stewarding donor gifts, and providing financial resources to support students and faculty now and into the future.

As stated on its FY2025 Form 990.

Program

  1. Aid the university in achieving its mission as the state's flagship institution of higher education through the establishment/implementation of long-range fundraising programs.

    $64,732,546 spentof which $33,782,231 as grants$1,801,131 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $64,732,546.

02The 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 ($96M) Expenses 100 ($52M) Net assets 100 ($498M)2018 Revenue 73 ($70M) Expenses 93 ($48M) Net assets 105 ($525M)2019 Revenue 44 ($43M) Expenses 93 ($48M) Net assets 108 ($537M)2020 Revenue 73 ($70M) Expenses 80 ($42M) Net assets 106 ($529M)2021 Revenue 74 ($71M) Expenses 81 ($42M) Net assets 139 ($694M)2022 Revenue 93 ($89M) Expenses 98 ($51M) Net assets 117 ($582M)2023 Revenue 67 ($64M) Expenses 100 ($52M) Net assets 128 ($638M)2024 Revenue 88 ($85M) Expenses 139 ($73M) Net assets 141 ($704M)2025 Revenue 89 ($85M) Expenses 136 ($71M) Net assets 165 ($822M)
'17'18'19'20'21'22'23'24'25
Revenue (89)Expenses (136)Net assets (165)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $546M to $719M (+32%).

$525M
$559M
$564M
$546M
$719M
$608M
$660M
$732M
$857M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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

64% of University of South Carolina Educational Foundation’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$44M
’17
$22M
’18
−$5.9M
’19
$28M
’20
$29M
’21
$38M
’22
$12M
’23
$12M
’24
$14M
’25
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jason Caskey

President and CEO, University Foundation

Board chair

Kenda Laughey

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2019 and FY2020, and between the FY2020 and FY2021, and between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed222329313235353430
Joined·+3+8+4+6+5+4+4+0
No longer listed·22252454
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 37 funders to 78 funders, grant income rose $1.2M → $9.5M.

34 of 180 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% 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: $25M from 24 payers (the payer shares this organization's board, largest Central Carolina Community Foundation). These are real filings, and they are not money University of South Carolina Educational Foundation raised.

From the IRS filings of University of South Carolina Educational Foundation’s funders (the co-funder graph). Top 30 of 180 funders by total. 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 Educational Foundation has a broad base — no single funder exceeds 22% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

38% 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 Educational Foundation.

22%
largest funder
41%
top three
~13
effective funders

Largest funder’s share by year: 2017 19% · 2018 35% · 2019 58% · 2020 42% · 2021 24% · 2022 24% · 2023 21% — 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.

How long its funders stay

49% of University of South Carolina Educational Foundation's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

University of South Carolina Educational Foundation draws 67% of its grant income from funders outside South Carolina, across 25 states in all.

MN
IL
WI
MI
NY
MA
SD
IA
OH
PA
NJ
CT
RI
CA
MO
VA
DE
TN
NC
SC
DC
AL
GA
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $12M arriving through sponsors registered in 18 states 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.

04Its place in the field

Against its field

University of South Carolina Educational Foundation runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin16% · top quartile
Months of reserve1.5mo · below the median
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like University of South Carolina Educational Foundation

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

In South Carolina

Nationally

05Profile & governance

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

Where the money goes

91% of spending goes to programs.

Program 91%Management 7%Fundraising 2%

Governance

20
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

SC

Part of a family of 5 related entities

  • The Mark Catesby Centre LLC · disregarded
  • G&B Horizons LLC · disregarded
  • USC Development Foundation · exempt
  • Charitable Remainder Unitrust (4) · corp_trust
  • USC Innovation LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for University of South Carolina Educational 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds University of South Carolina Educational Foundation?
University of South Carolina Educational Foundation (South Carolina) receives grants from 180 organizations whose IRS filings report $55,031,240 to it, the largest being THE DUKE ENDOWMENT ($11,871,000). 105 of them have funded it in more than one year.
How many funders does University of South Carolina Educational Foundation have?
IRS filings report 180 organizations giving $55,031,240 in grants to University of South Carolina Educational Foundation, 105 of which have funded it in more than one year.
Who is the largest funder of University of South Carolina Educational Foundation?
THE DUKE ENDOWMENT is the largest funder on record, with $11,871,000 in grants. The full list of funders is on this page.
How can an organization like University of South Carolina Educational 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 180 funders 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 October 22, 2026. What this page cannot tell you · view filing