Nonprofit · EIN 57-0705675
UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST
Also known as RICHLAND MEMORIAL HOSPITAL
Tax-exempt · COLUMBIA, SC 29209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $44,237,810 | $43,269,985 | $967,825 | $62,857,499 | $27,031,193 | $35,826,306 |
| June 30, 2024 | 990 | $40,114,553 | $40,631,658 | -$517,105 | $64,774,437 | $30,196,799 | $34,577,638 |
| June 30, 2023 | 990 | $38,203,684 | $38,423,906 | -$220,222 | $62,526,653 | $29,194,632 | $33,332,021 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $11,804,860
- Investment income
- $1,717,986
- Net rental income
- $1,713,603
- Net gain from sales of assets
- $1,281,594
- Other revenue
- $30,714,964
Expenses
- Grants and similar amounts paid
- $560,000
- Compensation of officers, directors and key employees
- $3,974,455
- Other salaries and wages
- $25,526,078
- Salaries, compensation and benefits (total)
- $29,500,533
- Professional fundraising fees
- $0
- Occupancy
- $1,004,173
- Travel
- $23,103
- Depreciation
- $818,074
- Program services (functional)
- $41,187,768
- Management and general (functional)
- $2,082,217
Balance sheet and other
- Total assets, start of year
- $64,774,437
- Total assets, end of year
- $62,857,499
- Total liabilities, end of year
- $27,031,193
- Net assets, end of year
- $35,826,306
- Land, buildings and equipment
- $9,071,936
- Publicly traded securities
- $17,314,737
- Gross receipts
- $47,694,759
- Employees
- 136
- Volunteers
- 0
- Year formed
- 1980
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGORY GRABOWSKI MD | CLINICAL PROFESSOR Highest-paid employee | 40 | $1,697,045 | $121,599 | $34,500 |
| JAMES BENJAMIN JACKSON III MD | DIRECTOR OF ORTHOPEDIC RESEARCH Highest-paid employee | 40 | $1,632,032 | $115,743 | $34,500 |
| JEFFREY GUY MD | CLINICAL PROFESSOR Highest-paid employee | 40 | $1,325,053 | $106,008 | $34,500 |
| CHRISTOPHER MAZOUE MD | CHAIR, DEPARTMENT OF ORTHO Trustee or director | 40 | $1,093,650 | $184,050 | $34,500 |
| ZEID KEILANI | ASSISTANT PROFESSOR Highest-paid employee | 40 | $654,642 | $138,891 | $34,500 |
| DAVID KOON MD | CLINICAL ASSOCIATE PROFESSOR Highest-paid employee | 40 | $644,458 | $110,970 | $34,500 |
| BERRY CAMPBELL MD | CHAIR, OB/GYN Trustee or director | 40 | $356,360 | $254,201 | $34,500 |
| GERALD HARMON MD | INTERIM DEAN Trustee or director | 40 | $291,480 | $317,692 | $29,148 |
| SHARON WEISSMAN MD | CHAIR, INTERNAL MEDICINE Trustee or director | 40 | $351,087 | $206,584 | $34,500 |
| DAVID AMROL MD | PRESIDENT, EDUCATIONAL TRU Officer | 40 | $385,710 | $134,007 | $34,500 |
| R CAUGHMAN TAYLOR MD | CHAIR, PEDIATRICS Trustee or director | 40 | $237,165 | $278,082 | $23,717 |
| MEERA NARASIMHAN MD | CHAIR, NEUROPSYCHIATRY Trustee or director | 40 | $153,640 | $361,435 | $15,364 |
| SOUVIK SEN MD | CHAIR, NEUROLOGY Trustee or director | 40 | $132,788 | $334,166 | $13,279 |
| JEFFREY L PERKINS | SENIOR VICE PRESIDENT/SECR Officer | 40 | $85,000 | $371,392 | $8,500 |
| C OSBORNE SHULER MD | FACULTY REPRESENTATIVE, PE Trustee or director | 40 | $300,106 | $121,325 | $30,011 |
7 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGG TALENTE MD | FACULTY REPRESENTATIVE, IN Trustee or director | 40 | $239,882 | $121,599 | $23,988 |
| CHARLES CARTER MD | FACULTY REPRESENTATIVE, FA Trustee or director | 40 | $204,798 | $145,062 | $20,480 |
| JEANETTE ANDREWS PHD | DEAN, COLLEGE OF NURSING Trustee or director | 40 | $0 | $349,336 | $0 |
| SHILPA SRINIVASAN MD | FACULTY REPRESENTATIVE, NE Trustee or director | 40 | $133,098 | $140,697 | $13,310 |
| DEREK B PAYNE | EXECUTIVE DIRECTOR/TREASUR Officer | 40 | $45,000 | $173,025 | $4,500 |
| FLOYD BELL MD | CHAIR, RADIOLOGY Trustee or director | 40 | $0 | $181,246 | $0 |
| JEANETTE FULTON MD | FACULTY REP, RADIOLOGY Trustee or director | 40 | $0 | $67,260 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGORY GRABOWSKI MD | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $1,631,112 | $117,383 | $33,000 |
| JAMES BENJAMIN JACKSON III MD | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $1,444,191 | $111,730 | $33,000 |
| JEFFREY GUY MD | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $1,382,186 | $102,334 | $33,000 |
| CHRISTOPHER MAZOUE MD | CHAIR, DEPARTMENT OF ORTHO Trustee or director | 40 | $1,084,869 | $178,362 | $33,000 |
| DAVID KOON MD | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $775,233 | $107,124 | $33,000 |
| ZEID KEILANI | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $656,915 | $134,076 | $33,000 |
| BERRY CAMPBELL MD | CHAIR, OB/GYN Trustee or director | 40 | $364,095 | $233,280 | $33,000 |
| SHARON WEISSMAN MD | CHAIR, INTERNAL MEDICINE Trustee or director | 40 | $360,128 | $201,843 | $33,000 |
| DAVID AMROL MD | PRESIDENT, EDUCATIONAL TRU Officer | 40 | $394,937 | $129,362 | $33,000 |
| MEERA NARASIMHAN MD | CHAIR, NEUROPSYCHIATRY Trustee or director | 40 | $162,999 | $367,429 | $16,300 |
| R CAUGHMAN TAYLOR MD | CHAIR, PEDIATRICS Trustee or director | 40 | $245,707 | $270,387 | $24,571 |
| LESLIE HALL MD | DEAN, SCHOOL OF MEDICINE Trustee or director | 40 | $170,036 | $307,261 | $17,004 |
| SOUVIK SEN MD | CHAIR, NEUROLOGY Trustee or director | 40 | $137,608 | $330,031 | $13,761 |
| C OSBORNE SHULER MD | FACULTY REPRESENTATIVE, PE Trustee or director | 40 | $309,920 | $117,119 | $30,992 |
| JEFFREY L PERKINS | SENIOR VICE PRESIDENT/SECRETARY Officer | 40 | $85,000 | $333,805 | $8,500 |
| GREGG TALENTE MD | FACULTY REPRESENTATIVE, IN Trustee or director | 40 | $245,466 | $117,383 | $24,547 |
| CHARLES CARTER MD | FACULTY REPRESENTATIVE, FA Trustee or director | 40 | $207,984 | $140,033 | $20,798 |
| JEANETTE FULTON MD | FACULTY REP, RADIOLOGY Trustee or director | 40 | $0 | $336,644 | $0 |
| SHILPA SRINIVASAN MD | FACULTY REPRESENTATIVE, NE Trustee or director | 40 | $136,585 | $135,820 | $13,658 |
| GERALD HARMON MD | INTERIM DEAN Trustee or director | 40 | $136,450 | $118,028 | $13,645 |
| DEREK B PAYNE | EXECUTIVE DIRECTOR/TREASURER Officer | 40 | $45,000 | $160,093 | $4,500 |
| JEANETTE ANDREWS PHD | DEAN, COLLEGE OF NURSING Trustee or director | 40 | $0 | $176,349 | $0 |
| FLOYD BELL MD | CHAIR, RADIOLOGY Trustee or director | 40 | $0 | $64,929 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GRABOWSKI GREGORY | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 1 | $1,869,500 | $113,852 | $30,500 |
| JACKSON III JAMES BENJAMIN | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 1 | $1,282,382 | $108,418 | $30,500 |
| CHRISTOPHER MAZOUE | CHAIR, DEPARTMENT OF ORTHO Trustee or director | 40 | $1,174,305 | $172,250 | $30,500 |
| GUY JEFFERY A | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 1 | $1,107,548 | $99,885 | $30,500 |
| DAVID KOON MD | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $760,320 | $103,989 | $30,500 |
| ZEID KEILANI MD | HIGHEST COMPENSATED EMPLOY Highest-paid employee | 40 | $641,951 | $129,901 | $30,500 |
| LESLIE HALL MD | DEAN, SCHOOL OF MEDICINE Trustee or director | 40 | $293,710 | $295,402 | $29,371 |
| BERRY CAMPBELL MD | CHAIR, OB/GYN Trustee or director | 40 | $390,494 | $190,684 | $30,500 |
| SHARON WEISSMAN MD | INTERIN CHAIR, INTERNAL ME Trustee or director | 40 | $375,942 | $198,657 | $30,500 |
| DAVID AMROL MD | PRESIDENT, EDUCATIONAL TRU Officer | 40 | $397,671 | $125,370 | $30,500 |
| MEERA NARASIMHAN MD | CHAIR, NEUROPSYCHIATRY Trustee or director | 40 | $159,167 | $356,536 | $15,917 |
| R CAUGHMAN TAYLOR MD | CHAIR, PEDIATRICS Trustee or director | 40 | $233,865 | $262,117 | $23,386 |
| C OSBORNE SHULER MD | FACULTY REPRESENTATIVE, PE Trustee or director | 40 | $313,089 | $113,598 | $30,500 |
| SOUVIK SEN MD | CHAIR, NEUROLOGY Trustee or director | 40 | $125,788 | $313,110 | $12,579 |
| JEFFREY PERKINS | SR VP/SECRETARY Officer | 40 | $85,000 | $319,717 | $8,500 |
| CHARLES CARTER MD | FACULTY REPRESENTATIVE, FA Trustee or director | 40 | $199,374 | $132,128 | $19,937 |
| JEANETTE ANDREWS PHD | DEAN, COLLEGE OF NURSING Trustee or director | 40 | $0 | $317,871 | $0 |
| GREGG TALENTE MD | FACULTY REPRESENTATIVE, IN Trustee or director | 40 | $185,271 | $113,853 | $18,527 |
| SHILPA SRINIVASAN MD | FACULTY REPRESENTATIVE, NE Trustee or director | 40 | $88,984 | $131,578 | $8,898 |
| DEREK B PAYNE | TREASURER/EXECUTIVE DIRECT Officer | 40 | $45,000 | $147,884 | $4,500 |
| FLOYD BELL MD | CHAIR, RADIOLOGY Trustee or director | 40 | $0 | $168,484 | $0 |
| JOY DEUPREE PHD | FACULTY REPRESENTATIVE, NU Trustee or director | 40 | $0 | $156,882 | $0 |
| FRANCIS NEUFFER MD | FACULTY REPRESENTATIVE, RA Trustee or director | 40 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6311 GARNERS FERRY RD, COLUMBIA, SC 29209-1445
- Principal officer (990 for 2024)
- JEFFREY L PERKINS, PO BOX 413, COLUMBIA, SC 29202
- Signed the 990
- JEFFREY L PERKINS, SENIOR VICE PRESIDENT AND SECRETARY
- Phone
- (803) 216-3304
- Return prepared by
- MAULDIN & JENKINS LLC
Mission
THE EDUCATIONAL TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF, AND TO CARRY OUT THE PURPOSES OF, THE UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE AND THE GREATER UNIVERSITY OF SOUTH CAROLINA. ITS MAIN PURPOSES ARE TO AUGMENT AND AID EDUCATION, SERVICE, RESEARCH, AND DEVELOPMENT IN THE HEALTH SCIENCES AND IN THE FIELDS OF PREVENTIVE AND CURATIVE MEDICINE. THEREFORE THE OVERALL PURPOSE OF THE EDUCATIONAL TRUST IS TO PROVIDE HEALTHCARE RESOURCES IN CONJUNCTION WITH ENHANCED TEACHING OPPORTUNITIES AND TO PROVIDE RESOURCES IN SUPPORT OF THE SCHOOL OF MEDICINE.
Program accomplishments
- SUPPORT OF UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE AND ITS FACILITIES AND OPERATIONS.Expenses $14,114,918 · grants $560,000 · revenue $1,622,216
- THE TRUST OWNS AND OPERATES TWO PROFESSIONAL MEDICAL OFFICE BUILDINGS ADJACENT TO THE CAMPUS OF PRISMA HEALTH RICHLAND.Expenses $27,072,850 · revenue $11,896,247
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 57-0705675
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1980
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B54Z)
- Assets (IRS master file)
- $62,857,499
- Income (IRS master file)
- $47,694,759
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $44,237,810 | $43,269,985 | $62,857,499 | XML |
| 990 | June 2024 | $40,114,553 | $40,631,658 | $64,774,437 | XML |
| 990 | June 2023 | $38,203,684 | $38,423,906 | $62,526,653 | XML |
| 990 | June 2022 | $42,795,918 | $42,319,501 | $62,430,506 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0705675).
Questions about UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST
- What is the EIN of UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST?
- The employer identification number (EIN) of UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST is 57-0705675.
- Is UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST?
- The 990 for the year ended June 30, 2025 names JEFFREY L PERKINS.
- Who are the officers and directors of UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST?
- The 990 for the year ended June 30, 2025 lists 22 people; 19 received compensation from the organization, the highest $1,697,045 (GREGORY GRABOWSKI MD, CLINICAL PROFESSOR).
- How much revenue does UNIVERSITY OF SOUTH CAROLINA SCHOOL OF MEDICINE EDUCATIONAL TRUST have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $44,237,810, expenses of $43,269,985 and total assets of $62,857,499 at year end.
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