South Carolina Research Foundation

Organization Overview

South Carolina Research Foundation, operating under the name Gamecock Ihub, is located in Columbia, SC. The organization was established in 1993. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Gamecock Ihub 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, Gamecock Ihub generated $5.8m 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 (37.9%) each year. All expenses for the organization totaled $5.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (38.1%) 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

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOUTH CAROLINA RESEARCH FOUNDATION OPERATES FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF, THE UNIVERSITY OF SOUTH CAROLINA, MEDICAL UNIVERSITY OF SOUTH CAROLINA, CLEMSON UNIVERSITY, PRISMA HEALTH, AND SPARTANBURG REGIONAL HEALTH SYSTEM INCLUDING BUT NOT LIMITED TO PROMOTING, ENCOURAGING, AND AIDING SCIENTIFIC RESEARCH AND INVESTIGATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ir-1301 Gervais
Rent Of Office Space
$220,209
Roib 1301 Gervais
Rent Of Office Space
$158,079
Grayson Law Firm Llc
Legal Services
$112,206
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$5,813,160
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,813,160

Grants Awarded

Over the last fiscal year, South Carolina Research Foundation has awarded $150,000 in support to 3 organizations.

Grant RecipientAmount

Durham, NC

PURPOSE: INFRASTRUCTURE SUPPORT

$50,000

WAKE FOREST UNIVERSITY HEALTH SCIENCES

Org PageRecipient Profile

Winstonsalem, NC

PURPOSE: INFRASTRUCTURE SUPPORT

$50,000

UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL

Org PageRecipient Profile

Chapel Hill, NC

PURPOSE: INFRASTRUCTURE SUPPORT

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that South Carolina Research Foundation has recieved totaling $708,246.

Awarding OrganizationAmount
$443,811
South Carolina Bar Foundation Inc

Columbia, SC

PURPOSE: SPECIAL GRANTS

$188,752
William T Grant Foundation Inc

New York, NY

PURPOSE: MENTORING AND CAREER DEVELOPMENT

$37,306
William T Grant Foundation Inc

New York, NY

PURPOSE: MENTORING AND CAREER DEVELOPMENT

$22,694
South Carolina Bar Foundation Inc

Columbia, SC

PURPOSE: GENERAL SUPPORT

$10,000
Rust Family Foundation

Fairfield, CT

PURPOSE: SUPPORT WORK

$5,683
View Grant Recipient Profile

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