South Carolina Universities Research And Education Foundation

Organization Overview

South Carolina Universities Research And Education Foundation is located in Aiken, SC. The organization was established in 1989. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, South Carolina Universities Research And Education Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Universities Research And Education Foundation 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, South Carolina Universities Research And Education Foundation generated $2.3m 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 (9.8%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, South Carolina Universities Research And Education Foundation has awarded 32 individual grants totaling $26,757,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION IS ORGANIZED TO SUPPORT THREE SOUTH CAROLINA UNIVERSITIES THAT PROVIDE RESEARCH FOR VARIOUS GOVERNMENT AGENCIES SUCH AS DEPARTMENT OF ENERGY, DEPARTMENT OF HOMELAND SECURITY, ETC. PRIMARILY IN THE NUCLEAR AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAVANNAH RIVER NUCLEAR SOLUTIONS (BOA139) - THE FOUNDATION ENTERED INTO A SUBCONTRACT WITH SAVANNAH RIVER NUCLEAR SOLUTIONS. THE FOUNDATION PROVIDES RESEARCH AND DEVELOPMENT AND TRAINING SERVICES TO SUPPORT THE SITE'S ENVIRONMENTAL RESTORATION, WASTE MANAGEMENT, TECHNOLOGY TRANSFER, ECONOMIC DEVELOPMENT, EDUCATION AND TRAINING MISSIONS, AND ACTIVITIES RELATED TO NEW MISSIONS AT THE SITE.


RICKOVER FELLOWSHIP PROGRAM (NRLF) - THE FOUNDATION ENTERED INTO CONTRACT DE-NR0000633 WITH THE U.S. DEPARTMENT OF ENERGY NAVAL REACTORS LABORATORY FIELD OFFICE. THESE GRANT FUNDS ARE TO BE USED IN THE SUPPORT OF RESEARCH AND DEVELOPMENT, EQUIPMENT UPGRADES, AND STUDENT FINANCIAL SUPPORT. THESE FUNDS MAY PROVIDE FOR: SALARIES, MATERIALS,SUPPLIES, EQUIPMENT, TRAVEL, PUBLICATION COSTS, SUPPORTING COSTS REQUIRED FOR TECHNICAL ACTIVITIES, MARKET ANALYSES, FINANCING PLANS, AND OTHER ACTIVITIES NECESSARY TO ACHIEVE THE PROGRAM'S OBJECTIVE.


RICKOVER FELLOWSHIP PROGRAM (NRLF) - THE FOUNDATION ENTERED INTO CONTRACT DE-NR0000633 WITH THE U.S. DEPARTMENT OF ENERGY NAVAL REACTORS LABORATORY FIELD OFFICE. THESE GRANT FUNDS ARE TO BE USED IN THE SUPPORT OF RESEARCH AND DEVELOPMENT, EQUIPMENT UPGRADES, AND STUDENT FINANCIAL SUPPORT. THESE FUNDS MAY PROVIDE FOR: SALARIES, MATERIALS,SUPPLIES, EQUIPMENT, TRAVEL, PUBLICATION COSTS, SUPPORTING COSTS REQUIRED FOR TECHNICAL ACTIVITIES, MARKET ANALYSES, FINANCING PLANS, AND OTHER ACTIVITIES NECESSARY TO ACHIEVE THE PROGRAM'S OBJECTIVE.


SAVANNAH RIVER NUCLEAR SOLUTIONS (BOA139) - THE FOUNDATION ENTERED INTO A SUBCONTRACT WITH SAVANNAH RIVER NUCLEAR SOLUTIONS. THE FOUNDATION PROVIDES RESEARCH AND DEVELOPMENT AND TRAINING SERVICES TO SUPPORT THE SITE'S ENVIRONMENTAL RESTORATION, WASTE MANAGEMENT, TECHNOLOGY TRANSFER, ECONOMIC DEVELOPMENT, EDUCATION AND TRAINING MISSIONS, AND ACTIVITIES RELATED TO NEW MISSIONS AT THE SITE.


U.S. DEPARTMENT OF ENERGY - NUCLEAR ENERGY ADVISORY COMMITTEE PROGRAM ("DOE/PMIS") - THE FOUNDATION ENTERED INTO CONTRACT DOE0638-1022-06 WITH THE U.S. DEPARTMENT OF ENERGY-IDAHO. THESE GRANT FUNDS ARE TO BE USED IN THE SUPPORT OF DESIGN, DEVELOPMENT, PLANNING, AND EXECUTIION OF VARIOUS MEETINGS FOR THE DOE/PMIS. THESE FUNDS MAY PROVIDE FOR: SALARIES, MATERIALS, SUPPLIES, TRAVEL, AND OTHER SUPPORTING COSTS AS DETERMINED NECESSARY BY THE PROGRAM.


U.S. DEPARTMENT OF ENERGY - NUCLEAR ENERGY ADVISORY COMMITTEE PROGRAM ("DOE/PMIS") - THE FOUNDATION ENTERED INTO CONTRACT DOE0638-1022-06 WITH THE U.S. DEPARTMENT OF ENERGY-IDAHO. THESE GRANT FUNDS ARE TO BE USED IN THE SUPPORT OF DESIGN, DEVELOPMENT, PLANNING, AND EXECUTIION OF VARIOUS MEETINGS FOR THE DOE/PMIS. THESE FUNDS MAY PROVIDE FOR: SALARIES, MATERIALS, SUPPLIES, TRAVEL, AND OTHER SUPPORTING COSTS AS DETERMINED NECESSARY BY THE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Travis Knight
Chairman
$0
Tanju Karanfil
Secretary
$0
Elbert R Malone
Treasurer
$0
Tiffany Boyd
Trustee
$0
Lindsay Anastasio
Trustee
$0
Craig Williamson
COO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,067,267
All other contributions, gifts, grants, and similar amounts not included above$222,425
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,067,267
Total Program Service Revenue$221,923
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 $2,289,190

Grants Awarded

Over the last fiscal year, South Carolina Universities Research And Education Foundation has awarded $1,951,716 in support to 3 organizations.

Grant RecipientAmount

CLEMSON UNIVERSITY

PURPOSE: RESEARCH AND SPONSORED PROGRAMS

$6,965

SOUTH CAROLINA UNIVERSITIES RESEARCH AND EDUCATION FOUNDATION

PURPOSE: RESEARCH AND SPONSORED PROGRAMS

$483,040

UNIVERSITY OF SOUTH CAROLINA

PURPOSE: RESEARCH AND SPONSORED PROGRAMS

$1,461,711
View Grant Profile

Peer Organizations

Organization NameAssets
Project Kitty Hawk Inc
Chapel Hill, NC
$41,231,521
University Of South Carolina Business Partnership Foundation
Columbia, SC
$17,993,004
Francis Marion University Development Foundation
Florence, SC
$6,663,284
Georgia Charter Schools Association Inc
Atlanta, GA
$5,123,135
Renaissance West Community Initiative
Charlotte, NC
$2,280,149
South Carolina State University Real Estate Foundation Inc
Orangeburg, SC
$3,206,793
South Carolina First Steps To School Readiness Board Of Trustees
Greenwood, SC
$2,579,778
South Carolina Universities Research And Education Foundation
Aiken, SC
$2,289,190
Henderson County Alliance For Education
Hendersonville, NC
$2,100,131
Gpf Woodson Park Nmtc Inc
Atlanta, GA
$199,500
Parents For Educational Freedom In North Carolina Inc
Raleigh, NC
$1,521,206
Spartanburg Community College Foundation
Spartanburg, SC
$802,893
Odyssey Inc
Atlanta, GA
$1,270,760
Clemson Architectural Foundation
Clemson, SC
$1,156,950
Guilford Education Alliance Inc
Greensboro, NC
$992,334
North Carolina Early Childhood Foundation Inc
Raleigh, NC
$1,029,196
Marvin Ridge Mavericks Athleticsbooster Club Inc
Waxhaw, NC
$731,851
North Carolina Public Library Directors Association
Lumberton, NC
$764,456
Higher Ed Works
Raleigh, NC
$654,268
South Carolina First Steps To School Readiness Board Of Trustees
Greenwood, SC
$733,228
Communities In Shools Of Montgomery County
Biscoe, NC
$577,884
Georgia Foundation For Early Care And Learning
Atlanta, GA
$551,718
Lutzie 43 Foundation
Marietta, GA
$639,065
Ncinnovation Inc
Raleigh, NC
$1,750,000
Mathkind Global
Chapel Hill, NC
$413,975

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