EIN 23-7042391

University of South Carolina Business Partnership Foundation

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
1969
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The University of South Carolina Business Partnership Foundation is dedicated to establishing a continuing partnership between the university and the business community for the enhancement and improvement of its College of Business Administration. It builds an endowment fund for creative management, encourages research in business and economic problems, and conducts educational programs, scholarships, and student assistance. The foundation is located in Columbia, SC.
Total revenues
$17,993,004
2022
Total expenses
$10,376,415
2022
Total assets
$128,044,992
2022
Num. employees
11
2022

Program areas at University of South Carolina Business Partnership Foundation

Continuing education: continuing education and educational programs activities seek to provide world-class Business education tailored to the needs of our customers, build closer relationships with key corporate supporters of the darla moore school of Business, and to recruit and retain top faculty by providing professional development opportunities. The educational programs equip Business professionals with knowledge and skills to better perform their jobs and develop managers to lead more effectively.
Scholarships and student assistance: the Foundation utilizes endowments and other funds to provide scholarships and fellowships to students of the darla moore school of Business in order to award high achieving scholars and attract them to the school, assist underrepresented and underserved students in accessing an education at the darla moore school of Business, provide study abroad opportunities, and otherwise support students by enriching their college education and making it more affordable.
Academic support: the Foundation provides departments with the resources needed to engage in Business research, recruit and retain faculty, host visiting professors, fund distinguished chairs, and engage in other initiatives designed to enhance the education and activities of the students as well as the reputation of the darla moore school of Business.
External relations: the Foundation supports the darla moore school of Business in conducting conferences, seminars, and management programs to further the education, development and effectiveness of Business professionals and scholars worldwide. Engages alumni of the darla moore school of Business through events, leadership recognition awards, and through the creation of a board of advisors to the Foundation. External relations programs also focus on outreach to the Business community to strengthen and expand partnerships for the benefit of the darla moore school of Business through the board of trustees and board of advisors.

Who funds University of South Carolina Business Partnership Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$117,750
Albemarle FoundationProgram Assistance$25,000
Charities Aid Foundation of AmericaCharitable Donation$19,677
...and 3 more grants received

Personnel at University of South Carolina Business Partnership Foundation

NameTitleCompensation
Terree KorpitaDirector of Business Operations$125,500
Josh HubbardDirector of Accounting$106,801
Sharon F. GauseBusiness Manager
David F ParkerVice President$153,527
Charles W GarnettImmediate Past Chair$0
...and 8 more key personnel

Financials for University of South Carolina Business Partnership Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$5,244,423
Program services$4,496,095
Investment income and dividends$1,507,666
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$13,324
Net gain from sale of non-inventory assets$6,731,496
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$17,993,004

Form 990s for University of South Carolina Business Partnership Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-03-01990View PDF
2021-062022-03-31990View PDF
2020-062021-04-14990View PDF
2019-062021-02-09990View PDF
2018-062019-11-04990View PDF
...and 8 more Form 990s

Organizations like University of South Carolina Business Partnership Foundation

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Greenwood Leflore Educational FoundationGreenwood, MS$8,465,587
Papillion La Vista Schools FoundationPapillion, NE$7,053,869
Denver Scholarship Foundation (DSF)Denver, CO$13,999,484
Pencil FoundationNashville, TN$7,143,023
Public Education FoundationChattanooga, TN$9,291,458
The Rural Education FoundationFarmville, VA$5,047,370
Southern Education FoundationAtlanta, GA$5,003,274
Elkhorn Public Schools FoundationElkhorn, NE$5,717,262
The High Desert Partnership in Academic Excellence FoundationApple Valley, CA$41,620,811
Math for AmericaNew York, NY$20,036,646
Data update history
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 3 new personnel
June 12, 2023
Used new vendors
Identified 1 new vendor, including
May 11, 2023
Received grants
Identified 2 new grant, including a grant for $7,500 from Charities Aid Foundation of America
August 17, 2022
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donations
General information
Address
1014 Greene St
Columbia, SC 29225
Metro area
Columbia, SC
County
Richland County, SC
Website URL
sc.edu/study/colleges_schools/moore/about/business_partnership_foundation/ 
IRS details
EIN
23-7042391
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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