SOUTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES, Inc

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ALLEN

ANDERSON SOUTH CAROLINA INDEPENDENT

BENEDICT COLLEGES & UNIVERSITIES, Inc. 2018 Annual Report CHARLESTON SOUTHERN

CLAFLIN

COKER

COLUMBIA

COLUMBIA INTERNATIONAL

CONVERSE

ERSKINE

FURMAN

LIMESTONE

MORRIS

NEWBERRY

NORTH GREENVILLE

PRESBYTERIAN

SOUTHERN WESLEYAN

SPARTANBURG METHODIST

VOORHEES A Voice for Independent Higher Education in South Carolina WOFFORD Message From the Chair

South Carolina’s independent colleges and universities continue to positively impact our economy and our communities by equipping a diverse, intelligent and highly-engaged pipeline of talent.

Nearly one-quarter (23%) of the undergraduate students attending a four-year college or university in South Carolina consistently choose higher education opportunities at SCICU member institutions. Rigorous academic standards and dedicated faculty challenge over 30,000 undergraduates in the development of lifelong skills, including critical thinking, teambuilding, communications and conflict resolution. Small class size and community service opportunities allow students to develop relationships which will last a lifetime.

The student body makeup of South Carolina’s independent colleges and universities is as diverse as our beautiful state. As a group, 71% of students at SCICU institutions are South Carolina residents, and nearly half (46%) are minorities.

More than 95% of all undergraduate students attending South Carolina independent colleges and universities receive financial aid. State merit scholarships are awarded to 30% of the students at SCICU member institutions, and more than two-fifths (42%) receive need-based South Carolina Higher Education Tuition Grants. When adding these types of state-based financial aid to federal grants and loans, the SCICU student body benefits annually from more than $645 million in combined financial aid. This combination of financial aid makes liberal arts education affordable at SCICU member colleges and universities. SCICU will continue to advocate on state and federal levels to ensure the affordability of higher education at South Carolina’s independent colleges and universities.

This year marked a milestone with the retirement of our president and CEO, Mike LeFever. Mike worked tirelessly for more than ten years in promoting the advantages and value of liberal arts education available through South Carolina’s independent colleges and universities. We thank Mike for his dedicated service and commitment to students across South Carolina.

SCICU welcomes Dr. L. Jeffrey Perez as its new president and CEO. We look forward to you meeting Jeff as he begins his leadership and advocacy on behalf of independent higher education in South Carolina.

As you review this year’s annual report, you will see the results of all stakeholders coming together to enrich the lives of our students as well as the lives of all South Carolinians. Thank you for your continued support of independent higher education in South Carolina.

Russell D. Cook Chair, SCICU Board of Trustees Managing Director, Comporium Ventures Table of Contents 9 1 2 3 5 7 ...... 23 24 21 22 13 16 17 11 10

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...... tunities artners cLean - Smith Student of the Year of the - Smith Student cLean oll of Support graduate Student / Faculty Research Program Program Research / Faculty Student graduate mportant Dates cellence In Teaching Awards Teaching In cellence ember Colleges and Universities ember Colleges onor List by Giftonor List by Category oard of Trustees for 2017-2018 for Trustees of oard outh Carolina Financial Aid Programs and Allocation by Group by and Allocation Programs Aid Financial outh Carolina cholars Program cholars Program ear in Review inancial Statements 2019 I S F Educational and Economic Impact and Economic Educational SCICU M Ex Under Y Business P S M B Honor R D Giving Oppor Table of Contents Table and MissionOrganization Organization and Mission SCICU: Providing Opportunities for Excellence

Founded: South Carolina Independent Colleges and Universities, Inc. was established in 1953 to promote independent higher education in South Carolina.

Membership: To be eligible for membership in SCICU, an institution must meet the following criteria: (1) be a two or four-year college or university with its primary emphasis on the liberal arts, (2) receive qualified accreditation by the Southern Association of Colleges and Schools, (3) be a non-profit institution, and (4) be headquartered in South Carolina.

Mission: SCICU supports and promotes the values of independent higher education in South Carolina. SCICU seeks to advance higher education through fundraising, scholarships, research, as well as facilitating collaborative activities among the member institutions. SCICU also enhances a positive public image and encourages government policies that support independent higher education.

Management: A board of trustees composed of the presidents from each member institution and business and community leaders from across the state directs SCICU.

Tax Status: SCICU is a tax-exempt, non-profit corporation. SCICU has been designated as a 501(c)(3) organization by the Internal Revenue Service and all contributions are tax-deduct- ible. Contributions should be made payable to SCICU and mailed to P.O. Box 12007, Columbia, SC 29211. SCICU’s fiscal year runs September 1 through August 31.

SCICU Staff South Carolina Independent Colleges and Universities, Inc. Mike LeFever – President & CEO (retired Aug. 31, 2018) [email protected] P.O. Box 12007 Columbia, SC 29211 L. Jeffrey Perez, Ph.D. - President & CEO (began Oct. 29, 2018) [email protected] 1706 Senate Street Columbia, SC 29201 Eddie Shannon – Executive Vice President [email protected]

Brenda Torrence – Director of Business and Finance [email protected]

Shay Shealy West – Director of Communications [email protected]

1 ALLEN UNIVERSITY COKER COLLEGE PRESBYTERIAN COLLEGE CollegesMember And Universities Founded: 1870 Founded: 1908 Founded: 1880 Ph: 803/376-5700 Phone: 843/383-8000 Phone: 864/833-2820 Fax: 803/376-5731 Fax: 843/383-8056 FURMAN UNIVERSITY Fax: 864/833-8195 1530 Harden Street 300 East College Avenue Founded: 1826 503 South Broad Street Columbia, SC 29204 Hartsville, SC 29550 Phone: 864/294-2100 Clinton, SC 29325 Website: allenuniversity edu. Website: coker edu. Fax: 864/294-3939 Website: presby edu. President: Dr . Ernest McNealey President: Dr . Robert L . Wyatt 3300 Poinsett Highway President: Mr . Robert E . Staton Greenville, SC 29613 COLUMBIA COLLEGE Website: furman .edu Founded: 1854 President: Dr . Elizabeth Davis Phone: 803/786-3012 ANDERSON UNIVERSITY Fax: 803/786-3674 Founded: 1911 1301 Columbia College Dr . SOUTHERN WESLEYAN UNIVERSITY Phone: 864/231-2000 Columbia, SC 29203 Founded: 1906 Fax: 864/231-2004 Website: columbiasc edu. LIMESTONE COLLEGE Phone: 864/644-5000 316 Boulevard President: Dr . Carol Moore Founded: 1845 Fax: 864/644-5900 Anderson, SC 29621 Phone: 864/489-7151 PO Box 1020 Website: andersonuniversity edu. Fax: 864/487-8706 Central, SC 29630 President: Dr . Evans P . Whitaker 1115 College Drive Website: swu edu. Gaffney, SC 29340 President: Dr . Todd Voss BENEDICT COLLEGE Website: limestone edu. Founded: 1870 COLUMBIA INTERNATIONAL UNIVERSITY President: Dr . Darrell F . Parker SPARTANBURG METHODIST COLLEGE Phone: 803/253-5000 Founded: 1923 Founded: 1911 Fax: 803/705-4840 Phone: 803/754-4100 MORRIS COLLEGE Phone: 864/587-4000 1600 Harden Street Fax: 803/786-4209 Founded: 1908 Fax: 864/587-4355 Columbia, SC 29204 7435 Monticello Road Phone: 803/934-3211 1000 Powell Mill Road Website: benedict edu. Columbia, SC 29203 Fax: 803/773-3687 Spartanburg, SC 29301 President: Dr . Roslyn C . Artis Website: ciu edu. 100 West College Street Website: smcsc edu. President: Dr . Mark Smith Sumter, SC 29150 President: Mr . W . Scott Cochran Website: morris edu. President: Dr . Leroy Staggers CONVERSE COLLEGE Founded: 1889 NEWBERRY COLLEGE VOORHEES COLLEGE CHARLESTON SOUTHERN UNIVERSITY Phone: 864/596-9000 Founded: 1856 Founded: 1897 Founded: 1964 Fax: 864/596-9223 Phone: 803/321-5127 Phone: 803/793-3351 Phone: 843/863-7050 580 East Main Street Fax: 803/321-5627 Fax: 803/793-1015 Fax: 843/863-7070 Spartanburg, SC 29302 2100 College Street PO Box 678 9200 University Boulevard Website: converse .edu Newberry, SC 29108 213 Wiggins Road Charleston, SC 29406 President: Ms . Krista L . Newkirk Website: newberry .edu Denmark, SC 29042 Website: charlestonsouthern .edu President: Dr . Maurice Scherrens Website: voorhees edu. President: Dr . Dondi E . Costin President: Dr . W . Franklin Evans ERSKINE COLLEGE NORTH GREENVILLE UNIVERSITY CLAFLIN UNIVERSITY Founded: 1839 Founded: 1892 WOFFORD COLLEGE Founded: 1869 Phone: 864/379-2131 Phone: 864/977-7021 Founded: 1854 Phone: 803/535-5000 Fax: 864/379-3048 Fax: 864/977-5627 Phone: 864/597-4000 Fax: 803/535-5402 2 Washington Street P . O . Box 1892 Fax: 864/597-4179 400 Magnolia Street Due West, SC 29639 Tigerville, SC 29688 429 Church Street Orangeburg, SC 29115 Website: erskine edu. Website: ngu edu. Spartanburg, SC 29303 Website: claflin edu. President: Dr . Robert E . Gustafson, Jr . President: Dr . Gene Fant, Jr . Website: wofford .edu President: Dr . Henry N . Tisdale President: Dr . Nayef H . Samhat

2 Trustees 2017-2018 September 1, 2014 to August 31, 2015

2017-2018 Board Leadership: 2017-2018 Trustees: Mr. Russell D. Cook Mr. Tyler Hudson Managing Director Director - Corporate Commercial Real Estate Mr. Michael O. Allen Comporium Ventures NBSC Mr. Russell Cook Chair Project Designer McMillan Pazdan Smith Architecture Mr. Christian Corts Ms. Lou Wood Kennedy Dr. Todd Voss Vice-Chair, SC Corporate Banking Manager President/CEO Chair, Council of Dr. Roslyn C. Artis BB&T Nephron Pharmaceuticals Corporation Presidents President Benedict College Dr. Dondi E. Costin Mr. Theo Lane Mr. Jerry Cheatham Chair-Elect President Manager - Gov’t . & Community Relations Mr. Henry E. Barton, Jr. Charleston Southern University Duke Energy VP, Government Affairs Mr. Jim Reynolds Past Chair, SCANA Dr. Elizabeth Davis Mr. James C. (Jay) Lasater Chair , President Commercial Bank Executive Nominating Mr. Clyde A. Bess Furman University South State Bank Committee Bess & Associates, LLC Dr. W. Franklin Evans Mr. Ray Lattimore Dr. W. Franklin Evans At-Large Member/ Mr. Kin Britton President President & CEO Council of SVP - Upstate Commercial Executive Voorhees College Marketplace Staffing Presidents Capital Bank Dr. Gene Fant, Jr. Mr. Brad Love Dr. Nayef Samhat At-Large Member/ Ms. LaJoia Broughton President Shareholder / Attorney Council of Director, External Communications North Greenville University Haynsworth Sinkler Boyd, PA Presidents Retirement System Investment Commission Mr. John W. Gandy Mr. James McFadden Mr. Willis Cantey Owner Avionics Manager Dr. Maurice Scherrens At-Large Member/ President Gandy CPA Group Interstate Turbine Management Council of Cantey Tech Consulting Presidents Mr. Ted Gentry Ms. Lucy Grey McIver Mr. Jerry A. Cheatham Attorney Assistant General Counsel Mr. Ed Zeigler Chair, Director Financial Analysis, NAC Wyche, PA Blue Cross Blue Shield of SC Development Sonoco Products Company Committee Mr. Kevin Glass Dr. Ernest McNealey Mr. Holt Chetwood Commercial Banking Manager President Midlands Market President First Citizens Bank Allen University Mr. Kevin Short Chair, Finance Wells Fargo Bank Committee Mr. Ben Green Dr. Carol A. Moore Mr. Tushar V. Chikhliker Partner / Co-Founder President Ms. Lucy Grey McIver Chair, Public Member Insurance Advantage Columbia College Policy Committee Nexsen Pruet, LLC Dr. Robert E. Gustafson, Jr. Mr. John P. Moore Mr. Scott Cochran President President/Chief Compliance Officer President Erskine College MTM Investment Management, LLC Spartanburg Methodist College Dr. Valerie Harrison Ms. Debbie S. Nelson Educational Consultant Founder and President Harrison EdSource, LLC DNA Creative Communications 3 Trustees 2017-2018 September 1, 2014 to August 31, 2015

Ms. Krista Newkirk Mr. Walter Shealy Ms. Tricia Wharton Whitener Mr. W. Hayne Hipp President Financial Consultant Attorney Community Leader Converse College Shealy Consulting Group / WDS Investments Whitener and Wharton, PA Mr. W.W. Johnson Ms. Chakisse Newton Ms. Candace Shiver Mr. Dale Willis Retired Chairman, Executive Committee Principal CEO Global General Manager, Cable Mgmt . Bank of America Corporation Cardinal Consulting Company Shiver and Associates, LLC Milliken & Company Mr. Milton Kimpson Dr. Darrell F. Parker Mr. Kevin Short Dr. Robert L. Wyatt Community Leader President SVP-Middle Market Bkng - Carolinas Director President Limestone College TD Bank Coker College Mr. Hugh C. Lane, Jr. President Mr. David Parker Mr. David M. Smalls Mr. Edward T. Zeigler, Jr. The Bank of South Carolina Vice President Director President & CEO USC Business Partnership Foundation Colleton County Legislative Delegation Craig Gaulden Davis, Inc . Mr. E. Erwin Maddrey, II President Mr. Jim Reynolds Dr. Mark Smith Maddrey & Associates CEO President Ex-Officio Member: Total Comfort Solutions Columbia International University Dr. Jerry M. Neal Mr. Tim Hofferth President Mr. Jason Richards Dr. Leroy Staggers Chair, SC Commission on Higher Education Med Central Health Resources, Inc . Chief Operating Officer President NAI Earle Furman Morris College Mr. M. Edward Sellers Life Trustees: Retired Chairman & CEO Dr. Harriett Rucker Mr. Robert E. Staton Blue Cross/Blue Shield of SC Retired Educator President Mrs. Paula Harper-Bethea Presbyterian College Executive Director Mrs. Minor Mickel Shaw Mr. Chris Ruh SC Higher Education Lottery Commission President Executive Vice President Dr. Henry N. Tisdale Micco, LLC Williams & Fudge, Inc . President Mr. MacFarlane L. Cates, Jr. Claflin University President & Treasurer Mr. Joel A. Smith, III Dr. Nayef H. Samhat Arkwright Foundation Retired Dean, Moore School of Business President Dr. Todd Voss USC Wofford College President Mrs. Joan Sasser Coker Southern Wesleyan University Community Leader Mr. Robert E. Staton Mr. Charlie C. Sanders President, Presbyterian College President & CEO Mr. Larry K. Watt Mr. George H. Cornelson IV South Carolina Student Loan Corporation Executive Director Chairman Mr. William B. Timmerman SC Independent School Association The Bailey Foundation Retired Chairman & CEO Mr. Daniel S. Sanders SCANA Corporation Former President Mr. Brent A. Weaver Mr. G. Lee Cory ExxonMobil Chemical Vice President, Government Banking Community Leader Mr. M. William Youngblood, Jr. Wells Fargo Attorney-at-Law Dr. Maurice W. Scherrens Mr. James C. Fort The McNair Law Firm President Dr. Evans P. Whitaker Community Leader Newberry College President Anderson University 4 2018 Honor Roll of Support

A D Ingram, Jim and Sarah / 9 ABM Building Solutions / 8 Daniel-Mickel Foundation, The / 52 AFFINITY LTC, LLC / 6 Dargan Foundation / 34 J Allen, Michael / 3 Davis, Elizabeth / 1 Jackson Family Donor Advised Fund / 10 During our 2017-2018 Alwinell Foundation / 49 Davis Family Foundation / 33 Jolley Foundation, The / 54 ARAMARK / 11 Dickson Foundation, Inc., The / 33 fiscal year, the following Argent Financial Group / 1 Dominion Energy / 1 individuals, foundations, Arkwright Foundation, The / 63 DNA Creative Communications, LLC / 2 K Artis, Roslyn C. / 1 Duke Energy Foundation / 63 King, Kathryn R. / 12 and corporations supported B E L independent higher Bailey Foundation, / 48 Elliott Davis, LLC / 17 Landrith, J. Wayne & Tonya P. / 16 education in South Carolina Bank of South Carolina, The / 32 Enterprise Holdings Foundation / 5 Lane Foundation, Mills Bee / 42 Barnet Foundation Trust, The / 32 Evans, W. Franklin / 2 Lane, Jr., Hugh C. / 32 by making gifts to SCICU. Barton, Henry E., Jr. / 12 Lasater, James / 3 Baruch Foundation, The Belle W. / 9 F Lattimore, Ray / 4 BB&T Charitable Foundation /16 Find Great People / 3 Learning House / 3 On behalf of our member Bess, Clyde D. / 4 First American Education Finance / 5 LeFever, Michael G. / 11 Blackboard / 3 First Citizens Bank South Carolina/ 27 Lesesne, Joab and Ruth / 17 institutions and their BlueCross BlueShield of South Carolina / 31 Fort, James C. / 15 Lomax, John F. / 25 students, as well as the Bon Appetit / 1 Love, Bradford / 1 Britton, Kin / 1 G SCICU Board of Trustees Broughton, LaJoia / 1 Gandy, John W. / 5 M and staff, we extend Burnette, M. Malissa / 10 Gentry, Ted / 1 Maddrey Foundation, The / 29 Gillis Advertising / 5 Malloy Foundation / 60 sincere appreciation to C GMK Associates, Inc. Foundation / 18 Mayo, Jr., Earl L. / 15 Campbell Consulting Group, The / 15 Green, Benjamin M. / 3 M. B. Kahn Construction / 1 the following for their Cannon, Gary M. and Judy J. / 10 Gustafson, Jr., Robert E. / 2 McAllister & Quinn / 1 support and commitment to Cantey Tech Consulting / 2 McFadden, James / 1 CapinCrouse, LLP / 6 H McIver, Lucy Grey / 4 Opportunities for Excellence. Cheatham, Jerry A. / 5 Harper Corporation / 1 McMillan Pazdan Smith LLC / 5 Clifton, Jack A. and Susan W. / 15 Harrison, Valerie E. and Gerald / 2 Metz Culinary Management / 3 Cochran, Scott / 1 Haynsworth Sinkler Boyd, P.A. / 11 Milliken & Company / 52 Coker, Joan Sasser / 20 HillSouth IT Solutions / 1 Moore, John / 1 Coleman Lew & Associates, Inc. / 5 HRP Associates / 7 Colonial Life & Accident Ins. Co. / 56 Hudson, Tyler B. / 3 N Cook, Russell D. / 11 Hunter, Jr. , Jairy C. / 20 Nephron SC, Inc. / 1 Thank you! Council of Independent Colleges Hypersign / 3 /UPS Foundation / 44 Newkirk, Krista L. / 2 Craig Gaulden Davis / 5 I Immedion / 1 5 Alphabetical Listing for September 1, 2017 - August 31, 2018 2018 Honor Roll of Support (Numbers following the donor name indicate the number of years the donor has contributed to SCICU.)

Ingram, Jim and Sarah / 9 O Staton, Robert E. / 4 Ogburn, Derial / 6 STEM Premier / 4 J Stroz Friedberg, LLC / 1 Jackson Family Donor Advised Fund / 10 P Jolley Foundation, The / 54 P2OPS, LLC / 1 T Parker, Darrell / 1 TD Bank / 3 K Parker, II , David F. / 3 Thompson Little / 1 King, Kathryn R. / 12 Paymerang, LLC / 2 TIAA / 13 Pioneer College Caterers / 4 Tisdale, Henry N. / 18 Pollock Company / 5 Torrence, Brenda S. / 20 L Purple Briefcase / 3 Total Comfort Solutions / 7 Landrith, J. Wayne & Tonya P. / 16 Trane Carolinas / 1 Lane Foundation, Mills Bee / 42 Lane, Jr., Hugh C. / 32 R Lasater, James / 3 Rawl & Sons, Inc., Walter P. / 9 U Lattimore, Ray / 4 Reynolds, James D. / 6 USI Insurance Services, LLC / 7 Learning House / 3 Richards, Jason W. / 3 LeFever, Michael G. / 11 Rucker, Harriett L. / 5 V Lesesne, Joab and Ruth / 17 Ruh, Christopher / 2 Vemo Education / 1 Lomax, John F. / 25 Voss, Todd S. / 6 Love, Bradford / 1 S Vulcan Materials Company / 49 S2K Group, Inc. / 3 M Samhat, Nayef / 2 W Maddrey Foundation, The / 29 Sanders Family Foundation / 5 Walsh Consulting Group, LLC / 5 Malloy Foundation / 60 SCE&G / 63 Weaver, Brent A. / 6 Mayo, Jr., Earl L. / 15 Scherrens, Maurice W. / 3 Wells Fargo Foundation / 35 M. B. Kahn Construction / 1 ScholarBuys / 6 West, Shay Shealy / 3 McAllister & Quinn / 1 S.C. Student Loan Corporation / 18 Whitaker, Evans P. / 11 McFadden, James / 1 Shannon, III, Edward M. / 11 Whitener, Tricia Wharton / 5 McIver, Lucy Grey / 4 Shaw, Minor M. / 28 Williams Family Foundation / 5 McMillan Pazdan Smith LLC / 5 Shealy, Walter / 5 Willis, Dale / 1 Metz Culinary Management / 3 Short, Kevin / 2 Wyatt, Robert / 6 Milliken & Company / 52 Smalls, David / 1 Wyche, P.A. / 7 Moore, John / 1 Sodexo / 24 Sonoco Foundation / 63 Southeastern Freight Lines, Inc. / 37 Z N South State Bank /4 Zeigler, Jr., Edward T. / 5 Nephron SC, Inc. / 1 Spinx Company / 12 Newkirk, Krista L. / 2 Spirit Communications / 3 Staggers, Leroy 1 Every effort has been made to ensure the accuracy of donor information. Should you note an error, please accept our apology and notify our office immediately. 6

King, Kathryn King, P. and Tonya Landrith, Wayne J. C. Hugh Jr., Lane, James Lasater, C. Ray Lattimore, Michael G. LeFever, and Joab M. Ruth Jr., Lesesne, John F. Lomax, Bradford Love, Foundation Maddrey The Foundation, Malloy Earl L. Jr., Mayo, James McFadden, Lucy Grey McIver, Ernest McNealey, John P. Moore, L. Newkirk, Krista Ogburn, Derial L. Darrell Parker, II, David F. Parker, P. Walter Inc., & Sons, Rawl James D. Reynolds, Richards, Jason Harriett L. Rucker, P. Christopher Ruh, Samhat, H. Nayef W. Maurice Scherrens, M. Shannon, III, Edward Minor M. Shaw, M. Short, Kevin DavidSmalls, M. South Bank State Inc. Lines, Southeastern Freight

(September 1, 2017 - August 31, 2018) - August 1, 2017 (September

Bank of South The Carolina, The Barnet Foundation, HenryBarton, E. Jr., A. and Sherry Clyde Bess, Kin Britton, LaJoia Broughton, M. Malissa Burnette, The Group, Consulting Campbell GaryCannon, M. and Judy J. LLC Consulting, Technology Cantey Cheatham, Jerry A. Clifton, Jack A. and Susan W. Scott Cochran, Joan S. Coker, Dargan Foundation ElizabethDavis, Inc. Dickson Foundation, LLC Communications, DNA Creative Holdings Foundation Enterprise Franklin W. Evans, Citizens Bank First James C. Fort, John W. Gandy, Ted Gentry, Foundation Inc. GMK Associates, Green, Benjamin M. Robert E. Gustafson, Jr., and Gerald E. Harrison, Valerie B. Hudson, Tyler Jairy C. Jr., Hunter, Jim andIngram, Sarah Donor Fund Advised Jackson Family The Foundation, Jolley Listing by Gift by Listing Category SCHOLARS PROGRAM Foundation Bailey BB&T Charitable Foundation CIC / UPS Foundation One Life One Scholarship to Colonial Foundation Energy Duke Nephron Pharmaceuticals Foundation Sanders Family Corporation S.C. Student Loan SCE&G Sonoco Foundation Foundation Fargo Wells Inc. & Fudge, Williams STUDENT UNDERGRADUATE RESEARCH PROGRAM The Belle W. Baruch Foundation, BlueCross BlueShield of South Carolina D. Cook, Russell The Foundation, Daniel-Mickel Mills B. Lane Foundation, Foundation Milliken Inc. Nephron SC, Endowment General SCICU ANNUAL SCICU SCHOLARSHIPS DISCRETIONARY Allen, Michael Trust Alwinell Foundation The Arkwright Foundation, Artis, C. Roslyn

Gifts . . Thank You! 7 Gifts . Spinx Company, Inc. SC Student Loan Corporation TD Bank Staggers, Leroy Total Comfort Solutions Thank You! Staton, Robert E. BOARD MEETING SPONSORS Trane Carolinas Tisdale, Henry N. ARAMARK Higher Education Wyche, P.A. Torrence, Brenda S. Cantey Technology Consulting, LLC Voss, Todd S. Coleman Lew + Associates Vulcan Materials Company Elliott Davis, LLC DESIGNATED GIFTS TO Weaver, Brent A. Haynsworth Sinkler Boyd, P. A. MEMBER INSTITUTIONS West, Shay Shealy HRP Associates Davis Family Foundation Whitaker, Evans P. Hypersign, LLC Whitener, Tricia Wharton McMillan Pazdan Smith, LLC Willis, Dale Metz Culinary Management IN-KIND GIFTS Wyatt, Robert Pioneer College Caterers Bon Appetit Zeigler, Jr., Edward T. SC Student Loan Corporation Milliken & Company Sodexo Pioneer College Caterers SCICU EXCELLENCE IN South State Bank TEACHING DINNER Stem Premier, Inc. ABM Building Solutions ARAMARK Higher Education Haynsworth Sinkler Boyd, PA NBSC SC Student Loan Corporation Sodexo Spirit Communications TD Bank TIAA Total Comfort Solutions Vulcan Materials Company

SCICU COLLEGE GUIDE SPONSORS Aramark Higher Education Pioneer College Caterers Sodexo 8

. . Discretionary . Investors in the Investors . Funds raised and distributed and distributed raised Funds .

. Scholarships, faculty development, research support, research or other faculty Scholarships, development, . In total, thirty-three In from 39 students total, projects (33) conducted by . For 2018, twelve companies/foundations/donors sponsored Scholar programs Scholar programs sponsored companies/foundations/donors 2018, twelve For . . Criteria for the scholarships is developed by each donor by the scholarships is developed for Criteria . These experiences are transforming students’ lives and encouraging them to explore a career in research a career explore to them encouraging and lives students’ transforming are experiences These . Subscriptions are available for a 12-month term at a cost of $250 of cost a at term 12-month a for available Subscriptions are . . . For 2018, eight companies/foundations/donors provided $56,500 that, when added to the $33,500 contributed by proceeds (interest earned) (interest proceeds by the $33,500 contributed to when added $56,500 that, provided companies/foundations/donors 2018, eight For As a nonprofit organization, sponsorships help underwrite costs associated with these programs, underwrite help programs, sponsorships these with organization, associated costs nonprofit a As . . For the fiscal year ending on August 31, 2018, approximately $85,500 was distributed to participatingto distributed was $85,500 institutions member approximately 2018, 31, August on ending year fiscal the For . . o the colleges must be made part of the colleges’ general scholarship funds and awarded at the discretion of the colleges to students with extenuating financial with students to of the colleges the discretion at scholarship funds and awarded general must be made parto the colleges of the colleges’ t scholarships are distributed by a formula established by the Board of Trustees; gifts are distributed 50% equally and 50% is apportioned according to enrollment 50% equally and 50% is apportioned to distributed gifts are according Trustees; of the Board established by a formula by distributed scholarships are publications, and various meetings publications, fee) ($250 annual SCICU Business Partners Program to market their desire companies that for businesses and specifically is designed Program SCICU Business Partner The servicesand/or goods colleges member SCICU the to SCICU Program Sponsorships ($500 and above) SCICU Program Guidebook, SCICU College and Banquet, Teaching in the SCICU Excellence Sponsorship opportunities for available are meetings trustee per year SCICU Endowment ($500 and above) SCICU Endowment interest with the donor’s purposes consistent fund for the SCICU endowment Gifts be made to may from the SCICU endowment, allowed $90,000 in undergraduate research grants to be funded to grants research in undergraduate $90,000 allowed endowment, the SCICU from funded in 2018 were and universities colleges ten amount) (No minimum SCICU Discretionary Scholarship Program Program the SCICU Unrestricted Giving replaced the SCICU DiscretionaryProgram Scholarship year, fiscal 2016-17 in the Beginning circumstances support the endowment be sustained through can programmatic Developed by SCICU in 1995, the Student/Faculty Research Program is designed to strengthen educational programs for students attending member institutions attending students for programs educational strengthen to is designed Program Research the Student/Faculty 1995, SCICU in by Developed experiences research quality undergraduate providing by (No minimum amount) (No minimum Program Research Student/Faculty SCICU Undergraduate Giving Opportunities and above) ($10,000 SCICU Scholars Program member institutions SCICU at scholars student in undergraduate investment encourage in 1994 to developed was SCICU Scholars Program The Scholars Program recognize the need to encourage talented students to complete a college degree and they also recognize that the cost of college may prove prove may of college the cost that they also recognize and degree a college complete to students talented encourage the need to recognize Scholars Program success long-term for with high potential people outstanding young to prohibitive students 283 undergraduate $416,200 to provided that SCICU at faculty of committee assembles an evaluation proposals, grant a call for issues conduct donors to this initiative, funds from SCICU raises On an annual basis, their presents which each student a symposium at and organizes the projects selected, issues the funds for be funded, members who select to proposals the findings research

Giving Opportunities 9 Scholars ProgramScholars SCHOLARS PROGRAM The Scholars Program was developed in SANDERS FAMILY FOUNDATION NEPHRON PHARMACEUTICALS 1994 to encourage investment in individual SCICU trustee Dan Sanders, through his family Two $1,000 scholarships are student scholars attending participating SCICU foundation, established this scholarship awarded at each of the 20 SCICU beginning in the 2014-2015 academic year member colleges . Eligible member institutions. Investors in the Scholars that operates in coordination with the Furman students must be full-time and Program recognize the need to assist talented University Bridges to a Brighter Future Program, majoring in a STEM-related and deserving students in their efforts to obtain a program that assists at-risk youth with their field of study . They must also a college degree. educational goals . Ten students participating demonstrate financial need as in the Furman Bridges Program will be selected determined by the Free Application for Federal by the Bridges program to receive $1,000 Student Assistance (FAFSA) . scholarships to attend the SCICU-member BAILEY FOUNDATION college of their choice . Recipients will be $1,000 scholarships given at all 20 colleges to upper-class students who have extenuating traditional students who are SC residents living circumstances in their financial aid packages . in Laurens County . UPS FOUNDATION $3,000 scholarships at all 20 member colleges for traditional students who are SC residents BB&T CHARITABLE FOUNDATION SC STUDENT LOAN CORPORATION with a GPA of 3 0. or higher . $2,000 scholarships given at $2,500 scholarships all 20 colleges for traditional are given at all 20 students who are SC residents SCICU member with a GPA of 3 .0 or higher and colleges for have high financial need as traditional full- determined by FAFSA . time undergraduate students who are SC residents with a GPA of 3 0. or higher and have financial need as determined by FAFSA . The WELLS FARGO FOUNDATION scholarships should be used to reduce the need $500 scholarships at all 20 COLONIAL LIFE for educational borrowing . colleges for traditional students $2,000 scholarships for who are SC residents, have GPAs traditional students who of 2 .5 or higher, are Federal are SC residents with a Pell Grant recipients, and are GPA of 3 .0 or higher, who members of a diverse population have high financial need underrepresented in higher SCE&G education . as determined by the FAFSA, and attend Allen Two $1,500 University, Benedict College, Claflin University, scholarships are Columbia College, or Newberry College . awarded at all 20 colleges and are available to traditional students with a GPA of 3 .0 or DUKE ENERGY higher . Student, parent, or guardian must be a Six $1,100 scholarships current customer of South Carolina Electric & Gas are given at each of Company . WILLIAMS & FUDGE, INC. the 12 SCICU colleges $500 scholarships to reward leadership at each of located in the Duke SCICU’s 20 members . College presidents select Energy Student service area . These awards are SONOCO FOUNDATION students who currently hold leadership positions for traditional students who reside in the Duke Fifteen $1,667 scholarships for at the colleges and who have a minimum Energy service area, have a GPA of 2 .5 or higher, traditional students who are SC GPA of 2 .5 . and are majoring in math or science . residents with demonstrated financial need .

10 SCICU Business Partners We would like to express thanks to the SCICU Business Partners . The program is designed to enable SCICU member colleges, their employees, and their students SCICU Business Partners and families to obtain information about goods and services available from the companies and businesses that have chosen to become SCICU Business Partners .

ABM BUILDING SERVICES, LLC FIRST AMERICAN EDUCATION FINANCE Alpharetta, GA Fairport, NY

AFFINITY, LTC, LLC GENWORTH FINANCIAL Lemoyne, PA Lemoyne, PA

ARAMARK HIGHER EDUCATION GILLIS SPECIALTY ADVERTISING Cary, NC Columbia, SC

ARGENT FINANCIAL GROUP GIRAFFE WEB DEVELOPMENT & DESIGN Greenville, SC Greenville, SC

BLACKBOARD TRANSACT HARPER CORPORATION Raleigh, NC Greenville, SC

CANTEY TECH CONSULTING HAYNSWORTH SINKLER BOYD Charleston, SC Greenville, SC

CAPIN CROUSE LLP HILLSOUTH IT SOLUTIONS Lawrenceville, GA Florence, SC

COLEMAN LEW & ASSOCIATES HRP ASSOCIATES Charlotte, NC Greenville, SC

CRAIG GAULDEN DAVIS IMMEDION, LLC Greenville, SC Greenville, SC

DOMINION ENERGY LEARNINGHOUSE, INC. Richmond, VA Louisville, KY

ELLIOTT DAVIS, LLC M.B. KAHN CONSTRUCTION COMPANY, INC. Charlotte, NC Columbia, SC

FIND GREAT PEOPLE, LLC MCALLISTER & QUINN Greenville, SC Washington, DC

11 SCICU Business Partners

MCMILLAN PAZDAN SMITH ARCHITECTURE SPIRIT COMMUNICATIONS Spartanburg, SC Columbia, SC

METADATA IT, LLC STEMPremier Boiling Springs, SC Mt Pleasant, SC

METZ CULINARY MANAGEMENT STROZ FRIEDBERG Sarasota, FL Dallas, TX

PAYMERANG THOMPSON LITTLE North Chesterfield, VA Fayetteville, NC

PIONEER COLLEGE CATERERS TOTAL COMFORT SOLUTIONS Cleveland, TN West Columbia, SC

POLLOCK COMPANY TRANE West Columbia, SC Columbia, SC

PURPLE BRIEFCASE UNITED HEALTHCARE STUDENT RESOURCES Victor, NY Doylestown, PA

P2OPS, LLC USI INSURANCE SERVICES, LLC Fort Mill, SC Charleston, SC

SCHOLARBUYS VEMO EDUCATION Carpentersville, IL Arlington, VA

SC STUDENT LOAN CORPORATION VULCAN MATERIALS Columbia, SC Atlanta, GA

S2K GROUP, INC. WALSH CONSULTING, LLC Columbia, SC Columbia, SC

SODEXO WYCHE LAW FIRM Spartanburg, SC Greenville, SC

12 .

. 3,000 2,500 90,000 87,800 60,000 7 million 6 million 1 million 1 million 5 million 2 million 5 million 0 million ...... 3 0 4 3 $ 416,200 32 10

$ 39 $ 64 $ 158.4 million

7 million in federal 7 million in federal .

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tudent of the Year of the tudent

etionary Scholarships/Aid

cellence in Teaching Awards Teaching in cellence ate grants and grants scholarships thanate -- More onor-Designated Gifts onor-Designated tudent Research tudent his marked a $2 unds distributed included the following: unds distributed uition Grants SCHOLARSHIPS AND AWARDS AWARDS AND SCHOLARSHIPS previous year previous T LIFE Fellows Palmetto HOPE Assistance Tuition Lottery than 15,000 -- More assistance Federal and member colleges attending students $71 received universities Fiscal Year 2017-2018 Achievements: 2017-2018 Year Fiscal Sourcing andSCICU raised -- SCICU colleges member $659,500 to distributed scholarships and for and universities the largest academic advancement, Recession Great the before distribution since F Scholars/Named Scholarships and scholarships totaling grants 23,000 state students to awarded $86 million were and universities member colleges attending T including: assistance, grant Grants Pell Study Work Federal FSEOG Grant SCICU, benefit of all economic Total and scholarship federal and grant state, and independent college SC programs to students: university S Discr Ex SCICU S D St ” . John . .

. The maximum Pell Grant was Grant maximum Pell The . Cuts proposed by the House to the House to by proposed Cuts . orked closely with the National SCICU President & CEO Mike LeFever (R) presenting the LeFever & CEO Mike President SCICU Sen. to John Champion Award 2018 Legislative (L). Matthews Tim Scott (R-SC)Tim Matthews received the 2018 SCICU received Matthews . . he General Assembly, in a Concurrent in a Concurrent Assembly, he General Independent College and University DayIndependent College SCICU w Association of Independent Colleges and of Independent Colleges Association (NAICU) and the South Carolina Universities improve Delegation to Congressional tax financial aid and education student exemptions $6,095, and lawmakers $100 to by increased Supplemental funding for maintained Work OpportunityEducation and Grants TRIO and funding for while increasing Study GEAR UP loan deductions, employer-provided student tuition remission, assistance, education activity and private learning, bonds lifetime turned and Jobs Act were Credits Tax in the of the work thanks to the Senate, back by Sen T Sen by Resolution sponsored Governor joined of Bowman, Matthews Henry April 9-13, McMaster in proclaiming 2018 and Universityas “Independent College and April 11, 2018 as South in Carolina ” Week “ his for Champion Award Legislative Grants Tuition leadership and support of the education higher and independent program in South Carolina Sen . . This figure figure This . . SCICU Accomplishments For Fiscal Year September 1, 2013 to August 31, 2014 31, August September to 2013 1, Year Fiscal For Accomplishments SCICU The Commission’s Commission’s The . . 17 million in state in state 17 million . . The appropriation, along appropriation, The . . 5 million to assist with the application 5 million to . almetto Fellows, LIFE, HOPE, and Tuition Tuition and HOPE, LIFE, Fellows, almetto he Tuition Grants Commission received received Commission Grants Tuition he ASCAL, the academic library P of an appropriation partnership, received $1 Libraryof the Shared Services Platform budget from all sources for FY 2018-19 is FY 2018-19 for all sources budget from $42 million close to lottery funds P students for scholarships Assistance or private either public attending fully-funded were or universities colleges FY 2018-19 with lotteryfor at funds $350 million approximately T $1 an additional state from increase with a $266,000 the agency allowed need-based grants, from grant the maximum increase to year academic $3,300 for $3,200 to fall 2018 beginning to includes an additional $30 million 8,700 of approximately the cost cover who qualifiedadditional students scholarships after the high school for policygrading the fall of changed in was scale a 10-point to a 7-point 2016 from ore than 100 students and staff from 17 and staff from than 100 students ore tudent recipients of Tuition Grants wrote wrote Grants Tuition of recipients tudent ADVOCACY M the annual member institutions attended at Day and University Independent College discuss the meaning and House to the State scholarships in personal terms of state value with their legislators S members of the to than 7,300 letters more thanking House and Senate, legislators the their supportfor higher of independent continue them to and urging education the fullest extent at fund the program to possible

A well-coordinated advocacy effortresulted A well-coordinated financial student funding for in additional academic programs aid and

2017-2018 Review 13 SCICU Accomplishments For Fiscal Year September 1, 2013 to August 31, 2014 2017-2018 Review Major Program Growth 2018 Statistical Abstract South Carolina Independent College Statistical profiles of SCICU member schools in and University Week Events: Nephron Pharmaceuticals key academic and operations areas . Thanks to the generosity of Nephron president and SCICU trustee Lou Kennedy Excellence In Teaching Awards Dinner for committing $60,000 towards SCICU Website (scicu.org) Faculty from each of SCICU’s 20 institutions of higher learning were honored at the scholarships in 2018 (2 $1,000 STEM Experiencing increased traffic and activity, th scholarships at each SCICU institution and especially during the legislative session and 13 annual awards dinner . Selected for another $20,000 for the 2018 SCICU Student/ after the publication of the College Guide . their ability to teach and inspire, these Faculty Research Program) . individuals were each recognized with a framed certificate and a $3,000 stipend for Belle W. Baruch Foundation News and Notes Newsletter professional development . This longtime supporter of SCICU student Published and distributed 10 issues . Monthly research programs made a special $5,000 mailing list exceeds 1,100 recipients . In July donation in honor of the life and service of 2018, SCICU rolled out a redesigned, mobile- Independent College and University Day Foundation trustee Minor Mickel Shaw . Ms . responsive format for the newsletter . More than 100 students and staff from Shaw, a lifetime trustee of SCICU, also directs SCICU member colleges and universities the Daniel-Mickel Foundation, which has attended this annual advocacy event at the contributed more than $1 7. million to SCICU EVENTS South Carolina State House . over 50+ years . Research Symposium The 2018 Student Research Symposium was Following a welcome and warmup event at held at the corporate headquarters of Milliken Trinity Episcopal Cathedral’s Satterlee Hall, COMMUNICATIONS & Company in Spartanburg . Thirty-nine (39) students visited the South Carolina State students presented the results of their research House chambers and their representatives Print and digital publications include the projects funded the year before with over and senators in their offices . following: $90,000 in donations . Research topics ranged 2017 Annual Report from socioeconomic issues and sign language Includes audited financial statements and apps to 3D printing for human prosthetics . donor recognition . 2017-2018 College Guide - Provides actionable information to assist students, parents, and guidance counselors in evaluating the outstanding and unique higher education SCICU member college opportunities at South and university students Carolina’s non-profit visit the State House independent colleges and thank legislators on and universities . Independent College and University Day at The digital version of the South Carolina State the College Guide is House - April 11, 2018 available on the SCICU website, complete with interactive technology to allow viewers to email and share the publication, print, download, and search contents . 14 . .

. . t reflects new ts 990 (Return of . . The plan, as approved by the by plan, as approved The . . . ’s Strategic Vision and Succession and Succession Vision Strategic ’s ganized an Executive Search Committee Committee Search an Executive ganized repared for the August 31, 2018 retirement 31, 2018 retirement the August for repared staffing requirements and program priorities program and requirements staffing hiring a for a process and developed & CEO the position of president for successor during FY 2018-19 R including (1) moving priorities, program full-time to responsibilities communications to part-time, and and administration/finance position descriptions and salary(2) revising levels Established a budget tha P & sixth president SCICU’s of Mike LeFever, of leadership than 10 years after more CEO, and service Or orty-eight businesses were involved in the orty-eight involved were businesses

MANAGEMENT MANAGEMENT Plan, initiated more than three years ago, ago, years than three more initiated Plan, priorities and prepares program provides leadership orderly for the organization succession the 2017, reached in March of trustees board during accomplishments following FY 2017-18: • reflectto changing staffduties ealigned • • • SCICU received a clean audit report a clean audit FY for SCICU received 2016-2017 documen SCICU filed IRS and Tax) Income from Exempt Organization 5500 (ReportPlan) Benefit of Employee SCICU Business Partners Program Partners Business electronic directory a convenient Provides services goods and SCICU members for to 2018 as of August program Partner Business F

. . . The Adobe Creative Cloud Creative Adobe The . . SCICU hosted many of the many SCICU hosted . ember Healthcare Consortiumember Healthcare rofessional Development for Member for Development rofessional itle IX Training T College and Converse College Limestone and training IX investigator Title hosted other SCICU colleges to available made seats and universities Value Incentive Program made available made available Program Incentive Value ScholarBuys Partner SCICU Business through almost $23,000 member institutions saved during FY 2017-18 P the lunch for meetings and provided participants M of different exploration significant After and indemnity options, organizational health an employee effortsto create SCICU’s consortium care employer or multiple short fell association because welfare savings and other plan advantages sufficient based on projected not be realized could member participation Collaborative Purchasing Programs Purchasing Collaborative programs purchasing SCICU collaborative diverse and provide expand to continued money opportunities save to campuses for and discount purchasing group through arrangements and Universities Colleges to facilitate and helped SCICU staff assisted and meetings development professional members of numerous for programs including chief peer groups professional officers, chief financial academic officers, institutional services, librarians, career enrollment affairs, student research, and human admissions, management, resources . The agreement agreement The . Additionally, SCICU Additionally, .

. The resulting synergy will synergy resulting The . Together SC Career Connections SC Career Together COLLABORATION member colleges and universities will gain and universities member colleges Connection in Career SC’s Together to access fill university to candidates recruit to order staff positions the members of both organizations provide with the opportunity and hire identify to fill professional the very to best candidates with little or no positions and internships and advertising recruiting for cost SCICU- Agreement 700-member a TogetherSC, SCICU and nonprofit representing organization business partners, organizations, government foundations, associations, signed agencies and academic institutions, a partnership provides that agreement members seeking hire to SC’s Together to with access and interns professionals Connections Consortium and Career SCICU’s Servicesthe Career Offices at SCICU member and universities colleges is designed to provide a clearly-defined provide to is designed of the cost and reduce graduation to path obtaining a degree Transfer Agreement with SC Technical Technical SC with Agreement Transfer System College and colleges SCICU member (17) Seventeen College Technical and the SC universities a memorandum (SCTCS) signed System increase to designed of understanding transfer the seamless and enhance access 16 the from and graduates of students to in South Carolina colleges technical colleges nonprofit participating private, state in the and universities

2017-2018 Review 15 2018 SCICU Student of the Year

2018 McLean-Smith SCICU Student of the Year Clay Wright Presbyterian College Clay Wright, a Presbyterian College senior double majoring in physics and applied mathematics, was announced as the 2018 McLean-Smith SCICU Student of the Year at the SCICU Board of Trustees meeting hosted by Presbyterian College in September 2018 . The award includes a $3,000 scholarship honoring the legacy of South Carolina higher education advocates J . Lacy McLean and Sterling L . Smith . Wright was selected for SCICU Student of the Year honors from among nominees submitted by SCICU’s twenty member colleges and universities . The Greenville-based Center for Scholarship Administration independently conducted the nomination process and submitted the name of the award winner to SCICU . Wright, a Clinton, SC, native, is the son of David and Ashli Wright . Science and math have fueled Wright’s passion throughout his four years at PC . Wright has conducted research on granular physics in the (L-R) Dr. Eli Owens, Presbyterian College Professor of Physics; Dr. Brian Beasley, PC Summer Fellows program as well as with the NASA / SC Space Grant Presbyterian College Professor of Mathematics; Mr. Clay Wright, 2018 SCICU Student of the Year; Ms. Ashli Wright, Mother of Clay Wright; Mr. Bob Staton, President of Consortium . He received an Undergraduate Research Award for the work Presbyterian College. he completed with NASA . This past summer, Wright was selected to participate in the National Science Foundation TNEWS REU program . He researched two-dimensional materials in the Quantum Device Lab at the University of Arkansas . Wright is currently researching the reaction mechanism of gold nanoparticles with PC physical chemistry professor Dr . Latha Gearheart . Wright serves as a member and president of the math honor society, Pi Mu Epsilon . He is also a member of the Society of Physics Students and the physics honor society, Sigma Pi Sigma . In addition to his work in science and math, Wright is a member of Bluefish, a student ministry at PC . He has served as a tutor at the South Carolina Empowerment Center and Clinton High School, and is a member of Sigma Nu fraternity . He served as president of the fraternity in 2017 .

Daniel Professor of Mathematics Dr . Brian Beasley and Assistant Professor of Physics Dr . Eli Owens recommended Wright for the 2018 McLean-Smith SCICU Student of the Year Award . Wright plans to attend a Ph .D . program in materials science and engineering after earning his degree from PC in 2019 .

In 2016, the SCICU Board of Trustees elected to combine the J. Lacy McLean and the Sterling L. Smith Scholarships into the McLean-Smith SCICU Student of the Year Award. J. Lacy McLean advocated for independent higher education in South Carolina for over 34 years. Sterling L. Smith was instrumental in the development of the SC Tuition Grants Program. The award recognizes students who perform well academically and who demonstrate commitments to public affairs, community service, and leadership. Full-time rising seniors attending SCICU member colleges and universities are eligible to be nominated for the combined scholarship award. The recipient must be a South Carolina resident and a SC Tuition Grant recipient. Rising sophomores at SCICU two-year institutions are also eligible for the award. 16 Participating students students Participating . These These . Marlena . English Chemistry Dr Washington Christine Schott . Erskine College Claflin University Dr The recipients are honored at a at honored are recipients The They are value-centered, are They . . . First and foremost, they are dedicated dedicated they are and foremost, First . Student researchers will present their findings at the Research their findings present will researchers Student . A total of 31 research proposals involving 41 students from 11 SCICU 11 SCICU from students 41 involving proposals 31 research of A total . Spanish University Economics Madelyn Young . Glorimar Blanco Converse College Converse Assistant Professor Assistant Dr Charleston SouthernCharleston

. This group of teacher-scholars represents many different different many represents of teacher-scholars group This . Listed below are the students, faculty sponsors, and the project titles for the research projects selected for projects selected for the research and the project faculty for titles sponsors, the students, are below Listed . English University Tracy Harrell Dunn Harrell Tracy Benedict College Stephen Baarendse Stephen . . Project research will conclude by December 8, 2017 December by will conclude research Project . Dr Dr Columbia International Columbia Business and Economics English Kirt Moody . Andrew Stowe Andrew Biology and . Dr Dr Columbia College Columbia Anderson University Anderson Environmental Science Environmental Our campuses are filled with outstanding faculty, and we are proud to recognize the following individuals individuals following the recognize to proud we are and filled with outstanding faculty, Our are campuses . This can only be accomplished by a distinguished faculty working in a supportive environment that encourages and fosters and fosters faculty a distinguished encourages that by working accomplished can only be in a supportiveThis environment . . Biology English

Rhonda Knight . Coker College Coker Steffani Driggins Steffani . Allen University Allen Dr Dr

Symposium on February 22, 2018 at Milliken & Company corporate headquarters corporate in Spartanburg, SC Milliken 2018 at 22, on February & Company Symposium Initially developed in 1995, the SCICU Undergraduate Student/Faculty Research Program increases research opportunities for undergraduate students attending SCICU member institutions member SCICU attending students opportunities undergraduate research for increases Program Research Student/Faculty Undergraduate SCICU the 1995, in Initiallydeveloped $90,000 in the spring of 2017 of totalling grants research awarded were member institutions funding in 2017 2017 Excellence In Teaching Awards Teaching In Excellence 2017 develop the skills for professional opportunities that are both scientific in nature and are the benchmarks of every and are opportunities highly-qualifiedprofessional nature in both scientific the skills are professional that develop for here are common threads, however, that weave through this distinguished group of academicians group this distinguished through weave that however, threads, common are here Each year, SCICU recognizes and celebrates the best of the best with its Excellence in Teaching Awards Teaching in its Excellence the best of the best with celebrates and recognizes SCICU Each year, T Awards: Teaching In of the SCICU 2018 Excellence as the recipients serious inquiry, critical thinking and a broader understanding of the world in which we live critical thinking in which we serious of the world understanding inquiry, a broader and The hallmark of South Carolina’s private, non-profit colleges and universities is the emphasis on individualized learning student and on individualized is the emphasis and universities colleges non-profit private, hallmark of SouthThe Carolina’s achievement SCICU Excellence in Teaching Awards - 2018 Recipients - 2018 Awards Teaching in Excellence SCICU grant development a $3,000 professional each awarded are special dinner and campuses our to and interests and bringsacademic disciplines experience a rich of education, diversity arts liberal our to one-on-one who come work teachers to institutions serving and friends mentors with students, as advisors, academic disciplines respective be the best in their to long and hard worked have outstanding educators and caring creative passionate,

Excellence In Teaching Awards 17 Excellence in Teaching Awards 18 Physics Rick Sparks . University Dr North Greenville Wofford College Wofford Mass Communication Professor Steven Zides Steven Professor 2018 Award Recipients Excellence Excellence In Teaching April 12, 2018 English English Amanda Hodges Amanda . Lugenia Rochelle Lugenia . Newberry College Voorhees College Voorhees Dr Dr Cole Cheek Cole . Spartanburg Morris College Dr Voice and Speech Voice Lynnette Richardson Lynnette Methodist College . Dr History and Anthropology Betsy Witt . Kelli Horne . University Accounting Dr Dr Criminal Justice Limestone College Limestone Southern Wesleyan Southern Wesleyan Biology Chemistry Greg Springsteen Greg . Michael Rischbieter Furman University Furman . Presbyterian College Presbyterian Dr Dr . . Unconstrained Rest on Memory Unconstrained Consolidation . RESEARCH TOPICS RESEARCH The Climb: The Highs and Lows of Mental Health on the Appalachian Trail of Mental Appalachian Health on the HighsThe Lows and Climb: The Its Publication Through 15 Symphony Shostakovich at LookingLegacy Again Behind Shroud: the Context in the 19th Century Mendelssohn and Sonata Form Aesthetics: Evolving vs Effect of Meditation Monomine Activity Oxidase of Genetic of Aspergillus niger Evaluating Mutants Fish Heteroclitus in Fundulus and Lead Arsenic Analyzing Tissues in Lima Bean Expression Shock Protein Examining Heat (PIMT) O-methyltransferase in infectious disease of Protein-L-isoaspartate role The in the Grown Tomatoes Open Pollinated and Tomatoes in Hybrid of Disease Resistance Comparison Region Piedmont South Carolina and Imopoea trifida juncea Brassica Using and Lead Copper of Phytoremediation Kudzu? of Inhibitory an Physiology and have Effect on the Growth Does Juglone or Ailanthrone Theory Modeling with Graph DNA Self-Assembly Disorder Tourette’s with in Adults Clusters Symptom Comorbid Cockroach in the Levels on Neurotransmitter Effect of External of The Stimulation Movement in SARS Coronavirus Proteins nspl and Cellular Protein Viral Characterization of Interaction Between in Rodents PTSD Decrease Antagonists Dopamine D3 Receptor Brain Can Multilingual News Web Site Classifer Site Web Multilingual News Social Pyschological Theory and Participation of Women in Computing: A Meta-Review in Computing: Women Theory of and Participation Social Pyschological Analysis - A Pooled Trials Clinical of Minority Cancer in Breast Participation Trends the Assessing of Spirits Profile Flavor on the Aging on the Effect of Barrel Investigation Student researchers will present their findings at the Research Symposium on February at 2019 21, on Symposium the at Research their findings present will researchers Student . Listed below are the students, faculty sponsors, and the project titles for the research projects selected the research project and the faculty titles for sponsors, the students, are below Listed . FACULTY FACULTY SPONSOR(S) LePage Reichwald Wamsley PragerIvankovic, HauptfleischAvanzato, ExtractPhyto of Levels Optimal Involving Therapy from Kalmia Iatifolia Isolated Fungi Cancer the Effects of Stimulating of Endophytic Effects Flaherty Antimicrobial Baker Oxley Allen Marsh Oxley Steele Williams Martin Kuklinski Nag Rice Healy Tartaro DeSoto Davis Andrew Wright, Wright, Andrew Michael Stevens HinsonAnnie Razzel Kiplagat, Marquiest Johnson Wanderley Vess Desirae Anvitha Yalavarthy Anvitha STUDENT(S) A total of 33 research proposals involving 39 students from 10 SCICU member institutions were awarded research grants totalling $90,000 in the $90,000 in totalling grants research awarded were member institutions 10 SCICU from 39 students involving proposals research of 33 A total . Participating students develop the skills for professional opportunities that are both scientific in nature and are the benchmarks of every and are opportunities highly- nature in both scientific the skills are professional that develop students for Participating . . Project research will conclude by December 8, 2018 December by will conclude research Project .

e counselors and others who impact student choices/decisions regarding higher education were given a week-long tour of SCICU member colleges and universities and member colleges of SCICU tour a week-long given were education higher and others who impact regarding e counselors choices/decisions student

Converse CollegeConverse CollegeConverse UniversityFurman Cooper Wednesday Brianna Reed Megan Colllins Reichwald in December RESEARCH PROJECTS be 2018 and Symposium completed atSCIENTIFIC to presented the 2019 Research - Research University Anderson College Coker College Coker CollegeColumbia CollegeColumbia O’Brien, Danielle Barbara CollegeColumbia College Columbia Minh Thi Ngo Maryam Azeem CollegeColumbia CollegeConverse CollegeConverse Kimsey Allison CollegeConverse Leonard Brittany UniversityFurman Mattamira Chiara UniversityFurman Spencer Bethany UniversityFurman Kirtan Kumar Dodhia Maya Gudivada Vidyaagauree INSTITUTION in December PROJECTS RESEARCH 2018 and be Symposium at completed SOCIAL to presented Research the 2019 - Research CollegeConverse Michelle Cardona Furman UniversityFurman University Furman Jaccard Lucas Voorhees CollegeVoorhees College Wofford Freeman Dawn Michael Owens SCICU continued its support of member colleges and universities in 2015 with events designed specifically for graduating student employment opportunities employment student graduating for specifically designed its support with events in 2015 continued SCICU universities and member colleges of Guidanc 2015 Annual Student Networking Events and Guidance Counselor Campus Tours Campus Counselor Guidance and Events Networking Student Annual 2015 Milliken & Company corporate headquarters corporate Spartanburg, in SC Milliken & Company in 2018 funding for

Initially developed in 1995, the SCICU Undergraduate Student/Faculty Research Program increases research opportunities for undergraduate students attending SCICU SCICU attending students opportunities undergraduate research for increases Program Research Student/Faculty Undergraduate the SCICU 1995, in Initiallydeveloped member institutions professional qualified spring of 2018 SCICU Undergraduate Student/Faculty Research Program Research Student/Faculty Undergraduate SCICU

2018 Student Research Projects 19 2018 Student Research Projects 2018 Student/ Faculty Research Symposium Participants

Milliken & Co. February 22, 2018

FACULTY INSTITUTION STUDENT(S) SPONSOR(S) RESEARCH TOPIC SCIENTIFIC RESEARCH PROJECTS (continued) Furman University Morgan Franklin Dubash Analysis of Cardiac-Specific Mutations of the Desmonsomal Protein Plakophilin-2 Furman University Melina Churt Dubash Role of the Ras and Rho Pathways in Desmosome Signaling During Skin Development Furman University Elias Wheibe Rawlings Evaluation of the Biological Activity of Hibiscone Derivatives in T Cells Presbyterian College Sydney Blue Owens Measuring the Granular Density of Modes in 3D Presbyterian College Preston Robinette Owens Prosthetic and Robotic Control via Myoelectric Sensing and Interpretation Southern Wesleyan Landon Hewell Johnson Gonadotropins and Their Role in Arthritis University Southern Wesleyan Amber Goss Mohr Reptile Movement and Habitat Preference in Reclaimed Wetlands at Lake Conestee Nature Park, University South Carolina Southern Wesleyan Madison Prater, Davis Hen- Eller Synthesis of Transgenic Plant Based Edible Vaccines for Rotavirus, Astrovirus, and Adenovirus University dricks, Matthew Morgan Spartanburg Methodist Lindsay Fowler Siegfried Creating Asymmetrical Bonds in Triiodide College Wofford College Hawkins Shepard Blackwell Survey of Coal Ash Contaminants in Aquatic Mussels in North and South Carolina Wofford College Abigail Truitt, Walker Harrell Cruze The Effects of Urbanization on Water Quality and Aquatic Biodiversity in Chingquapin Creek, South Carolina

. 0 million in state 0 million in state . ts (AY 2016-17) ts (AY yed 7,281 faculty and staff and several thousand faculty 7,281 and staff and several yed ontributed more than $773 million annually directly to directly than $773 million annually to more ontributed rovided more than $251 million in institutional aid to than $251 million in institutional more rovided aved the state’s taxpayers almost $12 taxpayers state’s the aved South Carolina’s economy (AY 2016-17) (AY economy South Carolina’s P studen S number of equivalent an enroll to required appropriations (FY 2017) and universities in public colleges students Emplo 2017) (November workers student C

• • • • SCICU’s membership currently includes five historically black colleges and colleges black historically five includes currently membership SCICU’s . graduate students (14% of SC’s total total (14% of SC’s students graduate raduate students raduate olleges and universities) (Fall 2017) (Fall olleges and universities) ities (32% minorities excluding the 5 historically the ities (32% minorities excluding enrollment at two-year and four-year institutions)) and four-year two-year at enrollment 30,088 under 3,585 g calaureate degrees) and 1,080 graduate degrees (AY (AY degrees and 1,080 graduate degrees) calaureate

warded 5,705 bachelor’s degrees (23% of SC’s degrees 5,705 bachelor’s warded erved a diverse group of students, including 46% including of students, erved group a diverse o o 2016-17) S minor black c Enr A bac

Many also have a strong faith-based emphasis faith-based a strong also have Many institution and one two-year colleges, all-women’s two universities, institutions: SCICU SCICU represents twenty independent colleges and universities, each with a unique historical and cultural background and cultural unique historical with a each and universities, colleges twenty independent represents SCICU Educational and Economic Impact of Independent Colleges and Universities and Impact Economic and Colleges Independent of Educational • • 2017) (Fall olled 33,673students •

Educational and Economic Impact 21 Financial Aid 22 6,880 2,446 38,647 35,085 17,567 100,625

N/A ATE INSTITUTIONS ATE ST WARDED / # STUDENTS / # STUDENTS WARDED $ 6,077,249 $ A $ 46,435,044 $ 55,104,558 $ 25,279,326 $ 308,369,175 $ 175,472,998

273 1,416 7,101 1,299 23,695 13,606

N/A $ 533,058 WARDED / # STUDENTS WARDED $ 3,305,158 $ 83,293,301 $ 11,069,656 $ 35,244,823 $ 33,140,606 $ A INDEPENDENT INSTITUTIONS INDEPENDENT

2017-18 Academic Year 2017-18 Academic

OTALS T

* T, 19 ACT, top 75% of high top 19 ACT, T,

SC Higher Education Tuition Grants Commission, 2017-2018 Award Year 2017-2018 Award Commission, Grants Tuition SC Higher Education

top 6% of class, or and 6% of class, top / 27 ACT, A, 1200 SAT 32 ACT A and 1400 SAT/ Sources: SC Commission on Higher Education, Scholarship Disbursements, 2017-18 Academic Year 2017-18 Academic Scholarship on Higher Disbursements, Education, SC Commission Sources: et 1 of 2 requirement sets: or / 24 ACT, 1100 SAT et 2 of 3: 3.0 GPA, A, available for freshman year only year freshman for A, available need via FAFSA A and demonstrated : Need-based up to $3,200 endent only up to : Need-based ol class, or 2.0 GPA or 2.0 GPA ol class, o $6,700 freshmen/ $10,000 sophomores - seniors $10,000 sophomores o $6,700 freshmen/ o $5,000 freshmen / $7,500 sophomores - seniors sophomores / $7,500 o $5,000 freshmen o $2,800 inimum 6 credit hours for the term the term hours for inimum 6 credit AXIMUM AWARDS / AWARDS AXIMUM CADEMIC REQUIREMENTS vailable only for SC students attending two-year institutions two-year attending SC students only for vailable : Up to $2,500 perublic institutions only year : Up to atisfactory academic progress towards an associate degree an associate atisfactory towards academic progress op 30% of class (Need-based awards for Independents(Need-based included above) in tuition grants awards A M S M A Up t Must me (1) 3.5 GP (2) 4.0 GP Up t Must me t Up t Must meet 1 of 4: 900 SA Must meet 1 of 4: 900 scho P 2.0 GP 3.0 GP Indep South Carolina Financial Aid Allocation By Higher Education Institution Group Higher Education By Allocation Aid Financial South Carolina

South Carolina Financial Aid Programs for 2017-18 Academic Year Academic 2017-18 for Programs Aid Financial South Carolina

Additional requirements at che.sc.gov requirements Additional Independent and Public College and University Students Participating in in Participating Students University and College Public and Independent equirements: equirements: equirements: equirements: equirements: equirements: up to the cost of tuition) the cost (up to Program Assistance Tuition Lottery R * TYPE SCHOLARSHIP Palmetto Fellows Fellows Palmetto R

LIFE R

HOPE R R R Tuition Grants Grants Tuition Need-Based Grants Need-Based Grants Financial Condition FINANCIAL CONDITION: September 1, 2017 - August 31, 2018

The financial statements of SCICU are audited by the firm of Elliott Davis, LLC CPAs, who have issued their unmodified opinion . The following statement of assets is drawn from their 2018 audit . Total assets of $4,798,064 on August 31, 2018 compares to $4,657,291 on August 31, 2017 .

Because our member colleges are assessed dues to underwrite the entire administrative and operating costs of the association, 100% of all contributions raised from donors is distributed to the members for scholarships without any reductions for fund-raising costs . Gifts and awards totaling $652,888 were distributed during the year .

SOUTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES, INC.

STATEMENT OF ASSETS AND NET ASSETS STATEMENT OF REVENUES, EXPENSES, AND OTHER MODIFIED CASH BASIS CHANGES IN NET ASSETS — MODIFIED CASH BASIS For the year ending August 31, 2018 For the year ending August 31, 2018

CURRENT ASSETS REVENUES Cash and cash equivalents $ 412,004 Gifts and awards received $ 511,645 INVESTMENTS 4,370,266 Member college assessments 559,217 PROPERTY AND EQUIPMENT Unrealized and realized gain on investments 102,472 Building $121,531 Interest and dividends 138,652 Building improvements 34,247 Special function 47,827 Office furniture and equipment 20,720 Miscellaneous 900 176,498 Total Revenues $ 1,360,713 Less accumulated depreciation 160,704 15,794 Total Current Assets $ 4,798,064 EXPENSES Gifts and awards distributed 652,888 NET ASSETS Operating costs 567,052 UNRESTRICTED $2,332,607 Total Expenses $ 1,219,940 BOARD UNRESTRICTED - DESIGNATED 697,007 UNRESTRICTED TOTAL $ 3,029,614 CHANGE IN NET ASSETS 140,773 TEMPORARILY RESTRICTED 728,450 NET ASSETS, BEGINNING OF YEAR 4,657,291 PERMANENTLY RESTRICTED 1,040,000 TOTAL NET ASSETS $ 4,798,064 NET ASSETS, END OF YEAR $ 4,798,064

23 Important Dates: 2019

February 21 Undergraduate Student/Faculty Research Symposium Milliken & Company, Spartanburg

March 7-8 Board of Trustees Retreat Wild Dunes Resort, Isle of Palms

April 8-12 SC Independent College & University Week

April 9 Excellence in Teaching Awards Dinner Columbia Metropolitan Convention Center, Columbia SCICU seeks to advance independent higher April 10 SC Independent College & education through fundraising, scholarships, University Day SC State House, Columbia research, and by facilitating collaborative activities among the member institutions. Our mission is to support and promote the values of independent higher education in South Carolina.

P.O. Box 12007 • Columbia, SC 29211 • Ph: 803.799.7122 • Fax: 803.254.7504 • Email: [email protected] • Website: www.scicu.org