Charity Search / COLLEGE OF CHARLESTON FOUNDATION
Education (B114) IRS Verified DX Registered 990 on File

COLLEGE OF CHARLESTON FOUNDATION

EIN: 23-7069236 · CHARLESTON, SC 29424-0001 · United States · FY 2023 Data
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Mission Statement

The Mission of the College of Charleston Foundation is to promote programs of education, research, student development, and faculty development for the exclusive benefit of the College of Charleston.

Financial Overview — FY 2023
$13.2M
Total Revenue
$14.6M
Total Expenses
$172.5M
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.4%
Fundraising Efficiency N/A
Operating Reserve 141.75x
Liability-to-Asset 2.3%
Revenue Diversification 91.0%
Executive Compensation $331K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $13.2M $14.6M $172.5M 84.4% 6
2022 $11.4M $12.3M N/A 4
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Organization Details
EIN
23-7069236
State
SC
City
CHARLESTON
ZIP
29424-0001
Classification
B114
Category
Education
Rating
59★
Last Updated
Aug 2026
IRS Ruling Year
2010
Foundation Code
13
Form 990
On File
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