Investor Presentaiton
University of South Carolina Upstate Foundation and Supporting Organization
Consolidating Statement of Financial Position
June 30, 2022
Assets
Cash and cash equivalents
Unconditional promises to give, net
Investments
Assets held in charitable remainder trust
Total assets
Liabilities and Net Assets
Liabilities:
University of
University of
South Carolina
South Carolina
Upstate Capital
Upstate
Foundation
Development
Foundation
Consolidated
120,851
1,350,500
40,318
$
15,071,006
161,169
1,350,500
15,071,006
281,264
281,264
$
16,823,621
40,318
$
16,863,939
Accounts payable
41,256
Deferred grant revenue
175,000
Liability under charitable remainder trusts
184,921
Total liabilities
401,177
41,256
175,000
184,921
401,177
Net assets:
Net assets without donor restrictions
Net assets with donor restrictions
809,550
40,318
15,612,894
849,868
15,612,894
Total net assets
16,422,444
40,318
16,462,762
Total liabilities and net assets
$
16,823,621
40,318
$
16,863,939
See independent auditors' report.
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