University of South Carolina School of Medicine Educational Trust
95% goes to programs Strong reserves
University of South Carolina School of Medicine Educational Trust is a 501(c)(3) organization based in Columbia, South Carolina, registered in 1980, with $44,237,810 in FY2024 revenue. CharityIndex grades it B, and it directs about 95% of spending to programs.
6311 Garners Ferry Rd, Columbia, SC, 29209 EIN 57-0705675 Since 1980
Revenue (FY2024)
$44.2M
▲ 10.3% vs prior year
Education median: $200K
Expenses (FY2024)
$43.3M
Net assets
$35.8M
Employees
136
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating95% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For University of South Carolina School of Medicine Educational Trust: 95% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For University of South Carolina School of Medicine Educational Trust: 10 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
CGovernance25% of the rating2 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For University of South Carolina School of Medicine Educational Trust: 2 of 6 checks met earns a C on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For University of South Carolina School of Medicine Educational Trust: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Enhance the exempt function of university of south carolina school of medicine and the communities it serves.
What they do
The trust owns and operates two professional medical office buildings adjacent to the campus of prisma health richland.
Contact & location
- Address
- 6311 Garners Ferry Rd, Columbia, SC, 29209
- City
- Columbia
- State
- South Carolina
- Category
- Education
- Subcategory
- Graduate & Professional Schools
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $70.9M (FY2013) to $44.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $27.0MNet assets $35.8M
Operating margin
2.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$62.9M
Total liabilities
$27.0M
Net assets
$35.8M
Salaries & benefits
$29.5M
68% of expenses
Board members
14
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $44,237,810▲10.3% | $43,269,985▲6.5% | $35,826,306▲3.6% | $62,857,499▼3.0% | 990 |
| 2023 | $40,114,553▲5.0% | $40,631,658▲5.7% | $34,577,638▲3.7% | $64,774,437▲3.6% | 990 |
| 2022 | $38,203,684▼10.7% | $38,423,906▼9.2% | $33,332,021▲3.5% | $62,526,653▲0.2% | 990 |
| 2021 | $42,795,918▲12.9% | $42,319,501▲9.0% | $32,204,217▼6.0% | $62,430,506▲34.8% | 990 |
| 2020 | $37,920,226▲4.8% | $38,836,516▲2.1% | $34,244,393▲3.9% | $46,303,543▼1.1% | 990 |
| 2019 | $36,196,425▼16.2% | $38,055,529▼2.2% | $32,951,231▼5.2% | $46,818,268▼10.5% | 990 |
| 2018 | $43,204,582▼25.2% | $38,892,550▼34.5% | $34,755,579▲14.1% | $52,330,108▼4.5% | 990 |
| 2017 | $57,794,464▼26.8% | $59,357,795▼21.8% | $30,473,273▼31.7% | $54,773,780▼14.4% | 990 |
| 2016 | $78,924,932▲10.9% | $75,907,216▲5.2% | $44,623,419▲8.1% | $63,954,106▲17.4% | 990 |
| 2015 | $71,183,137▲3.6% | $72,167,538▲13.9% | $41,298,676▼3.5% | $54,464,363▼0.5% | 990 |
| 2014 | $68,705,294▼3.1% | $63,366,611▼3.6% | $42,778,513▲11.3% | $54,762,467▲5.7% | 990 |
| 2013 | $70,874,850 | $65,734,502▼4.4% | $38,438,314▲18.1% | $51,785,132▲5.8% | 990 |
| 2012 | — | $68,738,870▲8.9% | $32,547,941▲19.1% | $48,937,991▲15.5% | 990 |
| 2011 | — | $63,122,096▲6.9% | $27,328,023▲10.1% | $42,383,335▲5.4% | 990 |
| 2010 | — | $59,074,128 | $24,823,197 | $40,200,770 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Gregory Grabowski Md — $1,697,045 (3.92% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gregory Grabowski Md | Clinical Professor | 40 | $1,697,045 |
| James Benjamin Jackson III Md | Director of Orthopedic Research | 40 | $1,632,032 |
| Jeffrey Guy Md | Clinical Professor | 40 | $1,325,053 |
| Christopher Mazoue Md | Chair, Department of Ortho | 40 | $1,093,650 |
| Zeid Keilani | Assistant Professor | 40 | $654,642 |
| David Koon Md | Clinical Associate Professor | 40 | $644,458 |
| David Amrol Md | President, Educational Tru | 40 | $385,710 |
| Berry Campbell Md | Chair, Ob/gyn | 40 | $356,360 |
| Sharon Weissman Md | Chair, Internal Medicine | 40 | $351,087 |
| C Osborne Shuler Md | Faculty Representative, Pe | 40 | $300,106 |
| Gerald Harmon Md | Interim Dean | 40 | $291,480 |
| Gregg Talente Md | Faculty Representative, In | 40 | $239,882 |
| R Caughman Taylor Md | Chair, Pediatrics | 40 | $237,165 |
| Charles Carter Md | Faculty Representative, Fa | 40 | $204,798 |
| Meera Narasimhan Md | Chair, Neuropsychiatry | 40 | $153,640 |
| Shilpa Srinivasan Md | Faculty Representative, Ne | 40 | $133,098 |
| Souvik Sen Md | Chair, Neurology | 40 | $132,788 |
| Jeffrey L Perkins | Senior Vice President/secr | 40 | $85,000 |
| Derek B Payne | Executive Director/treasur | 40 | $45,000 |
| Floyd Bell Md | Chair, Radiology | 40 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Prisma Health Grants and Trials | Rural Health/center of Excellent Project | $2,572,485 |
| Prisma Health Medical Group | Purchase/reimbursement of Labor and Asso | $533,537 |
| Clemson University | Rural Health/center of Excellent Project | $453,895 |
| Sc Office of Rural Health | Rural Health/center of Excellent Project | $271,675 |
| Medical University of South Carolina | Rural Health/center of Excellent Project | $236,306 |
Grants received · $6,106 total
1 grant to University of South Carolina School of Medicine Educational Trust totaling $6,106, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cornell University | — | 2019 | $6,106 |
Grants made · $500K in FY2024
1 grant totaling $500K in FY2024. All grants made by University of South Carolina School of Medicine Educational Trust →
| Recipient | Purpose | Amount |
|---|---|---|
| University of South Carolina Educational Foundation | In support of school of medicine faculty, staff, and operational costs. | $500,000 |
Similar organizations in Education
Education
Christ Church Episcopal School
Greenville, SC
$44.1M
Bannual revenue
Education
South Carolina Learns
Greenville, SC
$45.0M
Dannual revenue
Education
Meeting Street Schools
Charleston, SC
$47.0M
Aannual revenue
Education
Limestone University
Gaffney, SC
$47.0M
C+annual revenue
Education
Erskine College
Due West, SC
$48.0M
Bannual revenue
Education
Voorhees University
Denmark, SC
$38.4M
Bannual revenue
Education
Citadel Foundation
Charleston, SC
$37.9M
Bannual revenue
Education
Converse University
Spartanburg, SC
$50.7M
Bannual revenue
Education
Columbia College
Columbia, SC
$37.5M
Bannual revenue
- Education
Gleamns Human Resources Commission Inc
Greenwood, SC
$37.0M
Bannual revenue
Compare University of South Carolina School of Medicine Educational Trust
Frequently asked questions
- Is University of South Carolina School of Medicine Educational Trust a legitimate nonprofit?
- Yes. University of South Carolina School of Medicine Educational Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0705675, based in Columbia, South Carolina. Donations are tax-deductible.
- What is University of South Carolina School of Medicine Educational Trust's EIN?
- University of South Carolina School of Medicine Educational Trust's Employer Identification Number (EIN) is 57-0705675.
- How much revenue does University of South Carolina School of Medicine Educational Trust report?
- University of South Carolina School of Medicine Educational Trust reported $44,237,810 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of University of South Carolina School of Medicine Educational Trust's spending goes to programs?
- University of South Carolina School of Medicine Educational Trust spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of South Carolina School of Medicine Educational Trust have?
- CharityIndex grades University of South Carolina School of Medicine Educational Trust B, based on program efficiency and fundraising cost.
- How much does University of South Carolina School of Medicine Educational Trust's highest-paid employee make?
- The highest reported compensation on University of South Carolina School of Medicine Educational Trust's latest Form 990 is $1,697,045, paid to Gregory Grabowski Md (Clinical Professor).
More nonprofits in Columbia
Explore more
Data for University of South Carolina School of Medicine Educational Trust (EIN 57-0705675) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.