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    3. University of South Carolina Educational Foundation
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    University of South Carolina Educational Foundation

    ActivoEducation
    Columbia, SCSitio web8037771466

    About University of South Carolina Educational Foundation

    Support the University of South Carolina's mission by managing, investing, and dispersing donations and other assets to advance education, research, creative activity, and community engagement.

    Focus Areas

    Higher educationScholarshipsFaculty support / Endowed chairsEndowment managementUniversity facilities and equipment

    Who They Fund

    individual scholars (students and early-career researchers)scholarship recipients

    Funding Style

    scholarship fundingproject supportoperating supportindividual fellowships

    About University of South Carolina Educational Foundation

    The University of South Carolina Educational Foundation’s recent giving is dominated by operating support for the University of South Carolina, with three large scholar-related grants across 2023, 2024, and 2025 totaling more than $59 million. That pattern shows a foundation built to move donations and other assets into the university’s core academic work rather than into short-term, one-off initiatives. A second visible thread is project support for the Children’s Center at USC, which appears in multiple years and points to sustained backing for a specific campus program. The foundation also funds scholarship administration through National Merit Scholarship Corporation, linking its grantmaking to student financial aid beyond the university itself. In addition to these major awards, the latest grants include a smaller grant to the American Heart Association, showing that the portfolio is not limited to a single type of recipient. Across the recent record, the foundation’s role is less about external philanthropy at arm’s length and more about channeling resources into education, research, and university-related community engagement through recurring institutional support.

    What University of South Carolina Educational Foundation Funds

    Higher education is the clearest theme in the recent grants. The foundation awarded $26,376,249 to University of South Carolina for operating support tied to scholars, alongside earlier scholar operating grants in 2024 and 2023. Project support also extends to campus services: Children’s Center at USC received $672,307 in 2024 for project support and $557,578 in 2025 for the same purpose. Scholarship funding appears outside the university as well, with National Merit Scholarship Corporation receiving $95,250 in 2023 for scholarships and additional awards in 2024 and 2025. A smaller grant to the American Heart Association adds a health-related recipient to the mix, though the recent record is still centered on education-related institutions and student support.

    How University of South Carolina Educational Foundation Gives

    Typical grants range from $85,125 at the 25th percentile to a median of $550,890 and $11,799,575 at the 75th percentile, which reflects a highly concentrated grantmaking profile with a small number of very large institutional awards. The recent record also shows repetition: the University of South Carolina and the Children’s Center at USC received support in multiple years, and National Merit Scholarship Corporation appears in three consecutive years. The foundation is structured as an educational foundation tied to a university mission, and it does not fund individuals or make program-related investments. The latest 990 year on file is 2025.

    Financial Snapshot

    Annual Giving

    $27M

    Total Assets

    $731.7M

    Total Revenue

    $84.7M

    Total Expenses

    $72.6M

    Typical Grant Size

    Most grants fall between $85K and $11.8M, with a median of $551K.

    25th Percentile

    $85K

    Median

    $551K

    75th Percentile

    $11.8M

    Geographic Reach

    Regional3 states funded

    About 60% of grants go to recipients in SC.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

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    Topics

    scholarship awards for scholarshigher education/student financial aidacademic research project supportfellowship/program administration fundingprofessional development for scholars

    Where University of South Carolina Educational Foundation Makes Grants

    Grantmaking is regional and heavily concentrated in South Carolina. Sixty percent of grants go to recipients in the foundation’s headquarters state, and the recent list is dominated by Columbia, SC recipients. The largest awards all land at University of South Carolina in Columbia, while the Children’s Center at USC also appears in Columbia across multiple years. Outside South Carolina, the recent grants list includes Evanston, IL, and Dallas, TX. All recent grants in the dataset go to U.S. recipients.

    Frequently Asked Questions About University of South Carolina Educational Foundation

    What types of organizations does the University of South Carolina Educational Foundation fund most often?

    The recent record is centered on the University of South Carolina and related campus entities. It also supports scholarship administration through National Merit Scholarship Corporation and includes at least one grant to the American Heart Association. The most repeated recipient type is university-related institutional support.

    Does the foundation fund individuals directly?

    No. The foundation does not fund individuals, and the grant record reflects institutional recipients such as the University of South Carolina, the Children’s Center at USC, and National Merit Scholarship Corporation rather than private persons.

    What is the typical grant size?

    The grant-size distribution is heavily skewed toward large awards: $85,125 at the 25th percentile, a median of $550,890, and $11,799,575 at the 75th percentile. That spread indicates a mix of mid-sized project support and very large operating grants.

    Where does most of the foundation’s giving go?

    Most grants go to South Carolina, which accounts for 60% of grants in the recent dataset. The dominant recipient city is Columbia, SC, where the University of South Carolina and the Children’s Center at USC both received multiple awards.

    Are there repeated grantees in the recent grant record?

    Yes. University of South Carolina appears in 2023, 2024, and 2025 with operating support for scholars. Children’s Center at USC also appears across those same years, and National Merit Scholarship Corporation appears in 2023, 2024, and 2025 for scholarships.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    University of South CarolinaColumbia, SC$26,376,2492025Operating - Scholars
    Children's Center at USCColumbia, SC$557,5782025Project Support
    National Merit Scholarship CorporationEvanston, IL$81,7502025Scholarships
    American Heart AssociationDallas, TX$7,0002025Grant
    UNIVERSITY OF SOUTH CAROLINACOLUMBIA, SC$17,414,0092024OPERATING-SCHOLARS
    CHILDREN'S CENTER AT USCCOLUMBIA, SC$672,3072024PROJECT SUPPORT
    NATIONAL MERIT SCHOLARSHIP CORPEVANSTON, IL$77,2502024SCHOLARSHIPS
    UNIVERSITY OF SOUTH CAROLINACOLUMBIA, SC$15,508,6642023OPERATING-SCHOLARS
    CHILDREN'S CENTER AT USCCOLUMBIA, SC$544,2012023PROJECT SUPPORT
    NATIONAL MERIT SCHOLARSHIP CORPEVANSTON, IL$95,2502023SCHOLARSHIPS

    University of South Carolina

    $26,376,249
    Columbia, SC2025

    Operating - Scholars

    Children's Center at USC

    $557,578
    Columbia, SC2025

    Project Support

    National Merit Scholarship Corporation

    $81,750
    Evanston, IL2025

    Scholarships

    American Heart Association

    $7,000
    Dallas, TX2025

    Grant

    UNIVERSITY OF SOUTH CAROLINA

    $17,414,009
    COLUMBIA, SC2024

    OPERATING-SCHOLARS

    CHILDREN'S CENTER AT USC

    $672,307
    COLUMBIA, SC2024

    PROJECT SUPPORT

    NATIONAL MERIT SCHOLARSHIP CORP

    $77,250
    EVANSTON, IL2024

    SCHOLARSHIPS

    UNIVERSITY OF SOUTH CAROLINA

    $15,508,664
    COLUMBIA, SC2023

    OPERATING-SCHOLARS

    CHILDREN'S CENTER AT USC

    $544,201
    COLUMBIA, SC2023

    PROJECT SUPPORT

    NATIONAL MERIT SCHOLARSHIP CORP

    $95,250
    EVANSTON, IL2023

    SCHOLARSHIPS