University Of South Carolina School Of Medicine Educational Trust

Organization Overview

University Of South Carolina School Of Medicine Educational Trust is located in Columbia, SC. The organization was established in 1980. As of 06/2022, University Of South Carolina School Of Medicine Educational Trust employed 156 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of South Carolina School Of Medicine Educational Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, University Of South Carolina School Of Medicine Educational Trust generated $42.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $42.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCE THE EXEMPT FUNCTION OF UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT OF UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE AND ITS CLINICAL FACILITIES.


THE TRUST OWNS AND OPERATES TWO PROFESSIONAL MEDICAL OFFICE BUILDINGS ADJACENT TO THE CAMPUS OF PRISMA HEALTH RICHLAND.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Prisma Health Medical Group
Purchase/reimbursement Of Labor And Asso
$945,867
Merrill Retirement And Personal Wealth S
Investment/retirement Plan Services
$146,409
Prisma Health Upstate
Rural Health/center Of Excellence Projec
$429,986
Mcleod Health
Rural Health/center Of Excellence Projec
$177,257
South Carolina Office Of Rural Health
Rural Health Enhancement Group Program
$120,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$265,562
Investment income $674,405
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,435,968
Net Gain/Loss on Asset Sales $166,606
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $42,795,918

Grants Awarded

Over the last fiscal year, University Of South Carolina School Of Medicine Educational Trust has awarded $490,887 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION

Org PageRecipient Profile

Columbia, SC

PURPOSE: IN SUPPORT OF SCHOOL OF MEDICINE PROGRAMS, DEVELOPMENT AND ACTIVITIES

$300,056

UNIVERSITY OF SOUTH CAROLINA

PURPOSE: IN SUPPORT OF ITS VARIOUS PROGRAMS

$190,831
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that University Of South Carolina School Of Medicine Educational Trust has recieved totaling $12,212.

Awarding OrganizationAmount
$6,106
$6,106
View Grant Recipient Profile

Peer Organizations

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Eckerd College
St Petersburg, FL
$127,879,721
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Anderson, SC
$130,183,026
University Of Georgia Foundation
Athens, GA
$241,177,913
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Spartanburg, SC
$116,076,279
Lynn University Inc
Boca Raton, FL
$119,511,324
Palm Beach Atlantic University Inc
West Palm Beach, FL
$119,213,584
John S And James L Knight Foundation Inc
Miami, FL
$183,144,507
Spelman College
Atlanta, GA
$182,970,731
University Of Lynchburg
Lynchburg, VA
$116,895,847
Charleston Southern University
Charleston, SC
$118,040,499
Cognia Inc
Alpharetta, GA
$111,051,671
Marymount University
Arlington, VA
$118,614,940

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