Proudly Supporting SC State
Financial & Governance
South Carolina State University Fund
Education
Empowering student success and growth
Impact
Changing lives through support
Opportunity
Creating brighter futures together
Endowment & Financials
The South Carolina State University Foundation provides this Financial & Governance Transparency Hub to share clear, accessible information about its financial operations, governance practices, and accountability measures, ensuring stakeholders can easily understand and trust how resources are managed.
Annual Endowment Report
Detailing performance and management of the Foundation's endowment funds.
Audited Financial Statements
Summarizing financial performance and position for the last five fiscal years.
Investment Policy Statement
Official guidelines directing the Foundation’s investment strategy and asset allocation.
Investment Performance
Detailed reports and metrics on the returns and results of the Foundation's investments.
Your Rights as a Donor
Donor Bill of Rights
As a donor to SCSUF, you have the right to:
1. Be Informed
Know the mission of the Foundation and how we intend to use your gift to advance student success and institutional priorities.
2. Transparency and Accountability
Access the Foundation’s most recent audited financial statements and gain insight into how your support is managed.
3. Responsible Governance
Be informed of the individuals serving on the SCSUF Board of Directors and expect them to exercise sound, ethical, and prudent oversight.
4. Appropriate Use of Gifts
Be assured your gift will be used for the purpose(s) for which it was given, and that your donor intent will be honored in perpetuity, unless otherwise modified in accordance with law.
5. Timely Acknowledgment and Recognition
Receive prompt and meaningful acknowledgment of your gift and be recognized in a manner aligned with your preferences.
6. Confidentiality
Have your personal information treated with care and confidentiality in accordance with state and federal laws.
7. Professional Conduct
Expect all representatives of the Foundation to act ethically, respectfully, and with the highest level of professionalism.
8. Clarity on Solicitors
Be informed whether those soliciting your gift are Foundation staff, volunteers, or contracted fundraising professionals.
9. Privacy and Communication Preferences
Choose to remove your name from mailing lists the Foundation may share and control how and when we contact you.
10. Ask Questions and Get Clear Answers
Ask questions and receive prompt, accurate, and respectful responses about your gift or the Foundation’s operations.
Additional Commitment from SCSUF
Understanding Legal and Institutional Guidelines
Donors have the right to understand the legal, institutional, and financial frameworks that govern their gifts. This includes:
- South Carolina state laws and IRS regulations that guide gift administration
- Policies regarding restricted, unrestricted, and endowed funds
- The role of UPMIFA (Uniform Prudent Management of Institutional Funds Act) in managing and modifying endowed gifts
Once a gift is accepted and its purpose is documented, the Foundation is legally and ethically obligated to administer that gift according to its terms. Modifications can only be made under appropriate legal processes or with the donor’s consent, where permitted.
Contact Us
Have questions about your rights or how your gift will be used? We're here to help.
South Carolina State University Foundation
300 College Street NE,
PO Box 7187
Orangeburg, SC 29117 (803) 516-4722
info@scstatefoundation.org
Approval:
Approved by the Board of Directors of the South Carolina State University Foundation on August 23, 2025.
Chairman, Stephen Beatty