University of South Carolina Upstate Foundation

SPARTANBURG, SC EIN: 57-0555699

ORGANIZATION ESTABLISHED TO OPERATE AS A PERMANENT FOUNDATION TO ACCEPT GIFTS FOR CHARITABLE, BENEVOLENT, CULTURAL, AND EDUCATIONAL PURPOSED FOR THE EXCLUSIVE USE AND BENEFIT OF THE UNIVERSITY OF SOUTH CAROLINA UPSTATE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$19.2M

+9.8% YoY

Annual Giving

$2.2M

+44.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.2M

+44.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$798K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$19,186,364$17,481,798$16,823,621
Revenue$2,111,002$1,158,455$2,901,913
Expenses$2,657,394$1,886,937$1,623,628
Qualifying Distributions
Net Investment Income$163,430$-167,095$176,690
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$538K$1M$2M$2M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

UNIVERSITY OF SOUTH CARO…$2.2M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K2$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does University of South Carolina Upstate Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Avi LawrenceTreasurer1
Cindy KellySecretary1
Suzy ColeVice Chair1
Todd HorneChair1
Claudia RuffinBoard Member1
Craig HaydamackBoard Member1
Irv WelligBoard Member1
Jakie HodgeBoard Member1
Jeff BrownBoard Member1
Judy BynumBoard Member1
Kelly TamBoard Member1
Ken LeopardBoard Member1
Linda HannonBoard Member1
Phil FeisalBoard Member1
Randall GaryBoard Member1
Steve AldrichBoard Member1
Thomas Young IVBoard Member1
Vanessa MerhibBoard Member1
RJ GimblExecutive Director1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Spartanburg

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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