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College of Charleston Foundation

CHARLESTON, SC EIN: 23-7069236 Website

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

From 2025 IRS Form 990-PF · View filing

Total Assets

$222.6M

+9.0% YoY

Annual Giving

$6.7M

+42.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$2.2M

+42.0% YoY

About College of Charleston Foundation

Based on IRS filings

College of Charleston Foundation is a nonprofit organization focused on Education, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $222.6M in total assets. In 2025, it awarded 3 grants totaling $6.7M. Net investment income was $92K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Charleston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$13M$19M$26M202020212022202320242025
Metric202520242023
Total Assets$222,628,887$204,281,779$176,644,406
Revenue$23,221,545$21,228,162$13,203,026
Expenses$21,163,314$15,040,272$14,605,720
Qualifying Distributions
Net Investment Income$91,649$129,327$43,434
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M3 grants20203 grants20213 grants20223 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

COLLEGE OF CHARLESTON$6.5MCOLLEGE OF CHARLESTON AL…$150KCharleston athletic fund$60K

Grant Size Distribution

15 grants across all recorded years

<$50K2$50–100K7$100–250K1$250–500K$500K–1M3$1–5M2$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include College of Charleston ($6,462,722), College of Charleston Alumni Association ($150,000), Charleston athletic fund ($59,949).

RecipientPurposeAmount
COLLEGE OF CHARLESTON CHARLESTON, SCCOLLEGE OF CHARLESTON: GRANTS PROVIDED TO THE COLLEGE OF CHARLESTON ARE USED TO PROMOTE PROGRAMS OF EDUCATION, RESEARCH, STUDENT DEVELOPMENT, AND FACULTY DEVELOPMENT IN ACCORDANCE WITH THE MISSION STATEMENT OF THE FOUNDATION.$6,462,722
COLLEGE OF CHARLESTON ALUMNI ASSOCIATION CHARLESTON, SCCOLLEGE OF CHARLESTON ALUMNI ASSOCIATION: PER A MEMORANDUM OF UNDERSTANDING (MOU) WITH THE ALUMNI ASSOCIATION OF THE COLLEGE OF CHARLESTON, THE COLLEGE OF CHARLESTON FOUNDATION SHALL PROVIDE AN AGREED UPON AMOUNT OF ANNUAL SUPPORT TO ENHANCE ALUMNI ENGAGEMENT AND PROGRAMS, WITH PAYMENTS DUE AT THE BEGINNING OF EACH QUARTER. THE MOU WAS EXECUTED ON DECEMBER 7, 2012 AND EFFECTIVE RETROACTIVELY TO JULY 1, 2012 FOR A THREE-YEAR PERIOD WITH THE APPROVAL OF THE FOUNDATION BOARD OF DIRECTORS AND THE ALUMNI ASSOCIATION BOARD OF DIRECTORS. THE MOU WAS RENIGOTIATED IN 2015 FOR AN ADDITIONAL THREE YEARS. FOR THE FISCAL YEAR JULY 1, 2024 - JUNE 30, 2027 THE FOUNDATION PAID THE ALUMNI ASSOCIATION $150,000 IN ACCORDANCE WITH THE MOU.$150,000
Charleston athletic fund CHARLESTON, SCCOLLEGE OF CHARLESTON COUGAR CLUB: OPERATIONAL SUPPORT$59,949

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Andrew HsuPresident, CofC$470KChris MackBasketball Coach$373KSuzanne AustinProvost, CofC$100KDan FrezzaChief Advancement Officer , …$78KMatthew RobertsAthletic Director$40KPaul SchwagerDean of School of Business$30K

From 2025 filing

NameTitleHoursCompensation
Johnnie BaxleyVice Chair1
Keith SaulsChair1
Patricia OryTreasurer1
Sherrie Snipes-WilliamsSecretary1
Bartina EdwardsDirector1
Beth MeredithDirector1
Brady Quirk-GarvanDirector1
Carl BlackstoneDirector1
Chapman McKayDirector1
Charles MostellerDirector1
Christopher O'NealDirector1
Craig EneyDirector1
Edward TuccioDirector1
Eric CoxDirector1
Erica BrownDirector1
Jean JohnsonDirector1
John CarterDirector1
Jonathan HayesDirector1
Justin McLainDirector1
Katherine WilliamsDirector1
Laura RicciardelliDirector1
Laurie MingesDirector1
Leslie GambeeDirector1
Mark BuonoDirector1
Michelle MangumDirector1
Neil DraisinDirector1
Nicholas GloverDirector1
Richard MacleanDirector1
Richard SalmonsDirector1
Robert LukeyDirector1
Sabra HorneDirector1
Stephen KerriganDirector1
Stephen OsborneDirector1
Todd AbedonDirector1
William HaskinDirector1
William PenneyDirector1
Dan FrezzaChief Advancement Officer , CEO Foundation10$78,400
JR BarnhartFoundation CFO20
Andrew HsuPresident, CofC$470,117
Suzanne AustinProvost, CofC$100,000
Chris MackBasketball Coach$373,106
Matthew RobertsAthletic Director$40,166
Paul SchwagerDean of School of Business$30,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is College of Charleston Foundation?

College of Charleston Foundation is a nonprofit organization focused on Education, based in CHARLESTON, SC. It holds $222.6M in total assets as of 2025.

How large is College of Charleston Foundation?

As of 2025, College of Charleston Foundation holds $222.6M in total assets with $23.2M in annual revenue. It awarded 3 grants totaling $6.7M in 2025.

Where does College of Charleston Foundation operate?

College of Charleston Foundation has awarded grants in South Carolina.

What size grants does College of Charleston Foundation award?

In 2025, College of Charleston Foundation awarded 3 grants totaling $6.7M — an average of about $2.2M per grant, based on its IRS Form 990 filings.

What is College of Charleston Foundation's EIN?

College of Charleston Foundation's EIN (Employer Identification Number) is 23-7069236. IRS Form 990 filing data is available on this page for 2020–2025.

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

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