SOUTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES, Inc

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SOUTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES, Inc. 2020 Annual Report

RTUS T VI S E ITA VER

a voice for independent higher education in south carolina Message From the Chair

This annual report marks my first year as Chair of the Board of Trustees of South Carolina Independent Colleges and Universities. Little did I know when I became chair last October that in a few months the world would face the onset of COVID-19.

As you review this year’s annual report, you will see how our stakeholders came together to support our member institutions throughout this crisis. Independent higher education in South Carolina never wavered in equipping diverse, intelligent, and highly engaged students to become principled leaders in their professions and communities.

While financial support is important every year, COVID-19 put unprecedented monetary pressures on students and their families. I would like to thank all our donors whose scholarships often made the difference that allowed students to remain enrolled.

In particular I would like to thank the South Carolina Student Loan Corporation and the Council of Independent Colleges for generous new scholarship funding, and the Bailey Foundation for reaching the milestone of contributing scholarships through SCICU for 50 years.

It has been my deepest honor to be associated with SCICU and its board of trustees for their dedication to assisting our campuses, enriching the lives of our students, and providing a bright future for all who call South Carolina home.

Thank you all for your continued support of independent higher education in South Carolina.

Jerry Cheatham Chair, SCICU Board of Trustees Staff VP of Finance, Industrial North America Sonoco Products Company

2 Message From the President

As with so many organizations, our 2020 Annual Report is the “COVID-19 Edition.”

Much of what we have done in the past months has been to support SCICU member institutions in responding to the myriad challenges posed by COVID-19. In the following pages you will read how our advocacy, fundraising, and programming were adapted to secure resources and assistance that provided campuses with the capacity to implement necessary precautions while providing the academic experience students and their families have come to expect.

This spring, our campuses in a matter of weeks went from routine operations to finishing the semester with completely online academic programming. The summer was spent adapting space, revising schedules and syllabi, renovating facilities, and securing cleaning supplies in anticipation of a fall semester like no other. Thanks to their hard work, SCICU member institutions came through without major coronavirus outbreaks.

SCICU tried hard to maintain “business as usual” but we were not always in a position to do so. While we held our annual SCICU Undergraduate Student/Faculty Research Symposium in February, our April major events, the annual Excellence in Teaching Dinner and Independent Colleges and Universities Day at the South Carolina Statehouse, were COVID-19 casualties. It saddened me not to honor in person the faculty members for their devotion to their students, and to be unable to see our Capitol through the eyes of student representatives.

We should not, however, lose sight of how these ordeals brought us closer together. SCICU has been hosting frequent Zoom meetings for presidents and campus officers during which they provided each other with support and counsel. I developed personal relationships with campus leaders that otherwise would have taken years to nurture. I thank them all for the friendship and camaraderie they so freely offered.

Of course, none of this would have been possible were it not for the dedication of the SCICU staff who all worked above and beyond the call of duty to make sure SCICU was doing everything it could for our member institutions. Their hard work and sacrifices are to be commended and are an inspiration to me. I hope to live up to the standards they set.

Our mission is to strengthen South Carolina’s independent colleges and universities through collaboration, governmental advocacy, fundraising, and public engagement so that every student may choose, afford, and earn an L. Jeffrey Perez, Ph.D. SCICU President and CEO independent college education that fits their personal values, professional and social aspirations, and approach to learning.

3 3 5 6 8 10 12 13 14 17 18 19 20 24 25 26 22 ...... Inside back cover Inside front cover Inside front ...... Excellence In Teaching Awards Teaching In Excellence Statements 2019-2020 Financial Outlets / SCICU News Team 2021 Important / SCICU Dates Facilitating Collaboration Collaboration Facilitating Donor Fifty-Year / Recognizing Year of the - Smith Student SCICU McLean Program Research / Faculty Student Undergraduate Impact and Economic Educational By Aid Category – SCICU Member Institutions Financial Student President’s Letter President’s and Universities Member Colleges Board of Trustees 2020 Honor Roll of Support GiftDonor List by Category Giving Opportunities Scholars Program Business Partners Results Fundraising and Advocacy SCICU 2019-2020 Annual Report Annual SCICU 2019-2020 of Contents Table Letter Chair’s

Table of Contents 4 ALLEN UNIVERSITY COKER UNIVERSITY 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. Natalie Harder 3300 Poinsett Highway President (retired 12/31): Mr. Robert Staton, JD Greenville, SC 29613 President (02/01): Dr. Matthew vandenBerg 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. Phone: 864/231-2000 Columbia, SC 29203 SOUTHERN WESLEYAN UNIVERSITY Fax: 864/231-2004 Website: columbiasc.edu LIMESTONE UNIVERSITY Founded: 1906 316 Boulevard President: Dr. Tom Bogart Founded: 1845 Phone: 864/644-5000 Anderson, SC 29621 Phone: 864/489-7151 Fax: 864/644-5900 Website: andersonuniversity.edu Fax: 864/487-8706 PO Box 1020 President: Dr. Evans P. Whitaker 1115 College Drive Central, SC 29630 Gaffney, SC 29340 Website: swu.edu BENEDICT COLLEGE Website: limestone.edu President: Dr. Todd Voss Founded: 1870 COLUMBIA INTERNATIONAL UNIVERSITY President: Dr. Darrell F. Parker Phone: 803/253-5000 Founded: 1923 SPARTANBURG METHODIST COLLEGE Fax: 803/705-4840 Phone: 803/754-4100 MORRIS COLLEGE Founded: 1911 1600 Harden Street Fax: 803/786-4209 Founded: 1908 Phone: 864/587-4000 Columbia, SC 29204 7435 Monticello Road Phone: 803/934-3211 Fax: 864/587-4355 Website: benedict.edu Columbia, SC 29203 Fax: 803/773-3687 1000 Powell Mill Road President: Dr. Roslyn C. Artis Website: ciu.edu 100 West College Street Spartanburg, SC 29301 President: Dr. Mark Smith Sumter, SC 29150 Website: smcsc.edu Website: morris.edu President: Mr. W. Scott Cochran President: Dr. Leroy Staggers CONVERSE COLLEGE Founded: 1889 NEWBERRY COLLEGE CHARLESTON SOUTHERN UNIVERSITY Phone: 864/596-9000 Founded: 1856 Founded: 1964 Fax: 864/596-9223 Phone: 803/321-5127 VOORHEES COLLEGE Phone: 843/863-7050 580 East Main Street Fax: 803/321-5627 Founded: 1897 Fax: 843/863-7070 Spartanburg, SC 29302 2100 College Street Phone: 803/793-3351 9200 University Boulevard Website: converse.edu Newberry, SC 29108 Fax: 803/793-1015 Charleston, SC 29406 President: Ms. Krista L. Newkirk, JD Website: newberry.edu 213 Wiggins Road (PO Box 678) Website: charlestonsouthern.edu President: Dr. Maurice Scherrens Denmark, SC 29042 President: Dr. Dondi E. Costin Website: voorhees.edu ERSKINE COLLEGE NORTH GREENVILLE UNIVERSITY President (through 12/31): Dr. W. Franklin Evans CLAFLIN UNIVERSITY Founded: 1839 Founded: 1892 Interim President (01/01): Dr. Ronnie Hopkins Founded: 1869 Phone: 864/379-2131 Phone: 864/977-7021 Phone: 803/535-5000 Fax: 864/379-3048 Fax: 864/977-5627 WOFFORD COLLEGE Fax: 803/535-5402 2 Washington Street P. O. Box 1892 Founded: 1854 400 Magnolia Street Due West, SC 29639 Tigerville, SC 29688 Phone: 864/597-4000 Orangeburg, SC 29115 Website: erskine.edu Website: ngu.edu Fax: 864/597-4179 Website: claflin.edu President: Dr. Robert E. Gustafson, Jr. President: Dr. Gene Fant, Jr. 429 Church Street President: Dr. Dwaun J. Warmack Spartanburg, SC 29303 Website: wofford.edu President: Dr. Nayef H. Samhat 5 Board of Trustees

2019-2020 Board Leadership: Trustees: Dr. Dondi E. Costin Ms. Annie Ham President Business Development Manager Mr. Michael Allen* Charleston Southern University Sonoco Executive Committee Founder / CEO MOA Architecture, Inc. Dr. Elizabeth Davis Dr. Natalie Harder Mr. Jerry Cheatham Board Chair President President Dr. Roslyn C. Artis Furman University Coker University President Ms. Krista Newkirk Board Vice-Chair, Benedict College Mrs. Kristi Eidson* Dr. Valerie Harrison Chair, Council of General Manager Educational Consultant Presidents Ms. Cynthia Bennett Total Comfort Solutions Harrison EdSource, LLC VP, Education and Workforce Development S.C. Chamber of Commerce Dr. W. Franklin Evans Mrs. Lucy Grey McIver Board Chair-Elect President (through 12/31) Mr. Tyler Hudson Mr. Clyde A. Bess Voorhees College Director - Commercial Real Estate Bess & Associates, LLC Synovus Mr. Russell Cook Past Board Chair, Dr. Gene Fant, Jr. Chair , Dr. Tom Bogart President Mr. Steven Johnson* Nominating President North Greenville University VP – Enrollment and Inforce Growth Strategy Committee Columbia College Aflac Mr. Mark Felk* Mr. Kin Britton EVP / Branch Manager Dr. Spencer Jordan Dr. Elizabeth Davis At-Large Member/ Upstate Market President Brown & Brown of SC Executive Director Council of First Horizon (Capital Bank) S.C. Independent Schools Association (SCISA) Presidents Mr. John J. Garrison Ms. LaJoia Broughton Attorney Dr. Leonard Kupersmith* Government Affairs Advisor Retired Headmaster Dr. Ernest McNealey At-Large Member/ Adams and Reese, LLP Mr. Ted Gentry Christ Church Episcopal Council of Attorney Presidents Mr. Willis Cantey Wyche, PA Ms. Lou Wood Kennedy President President / CEO Mr. Robert Staton, JD At-Large Member/ Cantey Tech Consulting / Cantey EDU Mr. Joe Gillis Nephron Pharmaceuticals Corporation Council of President / CEO / Founder Mr. David Charpia Gillis Advertising Mr. Montague Laffitte III* Presidents SVP - Market President Executive Vice President HomeTrust Bank Mr. Ben Green South State Bank Mr. Chris Ruh Chair, Partner / Co-Founder Development Mr. Jerry A. Cheatham Insurance Advantage Mr. James C. (Jay) Lasater Staff VP of Finance, Industrial North America Commercial Bank Executive Committee Sonoco Products Company Dr. Robert E. Gustafson, Jr. South State Bank President Mr. Kevin Short Chair, Finance Mr. Holt Chetwood Erskine College Mr. Ray Lattimore Committee Commercial Banking Manager President & CEO First Citizens Bank Mr. Scott Hagler Marketplace Staffing Midlands Market President Ms. Ben Green Chair, Public Mr. Scott Cochran Security Federal Bank Mr. Brad Love Policy Committee President Shareholder / Attorney Spartanburg Methodist College Mr. Steve Hall Haynsworth Sinkler Boyd, PA VP - Business Development Mr. Russell D. Cook FGP International (Find Great People) Mr. James McFadden Economic Development Professional Avionics Manager Interstate Turbine Management 6 Note: Asterisk (*) following names indicate new trustees as of Sept. 1 Board of Trustees

Ms. Lucy Grey McIver Dr. Maurice W. Scherrens Mr. Brent Weaver Mr. Milton Kimpson Assistant VP - Deputy General Counsel President Vice President – Government Banking Community Leader Blue Cross Blue Shield of SC Newberry College Wells Fargo Mr. Hugh C. Lane, Jr. Dr. Ernest McNealey Mr. Walter Shealy Dr. Evans P. Whitaker President President Financial Consultant President The Bank of South Carolina Allen University Shealy Consulting Group / WDS Investments Anderson University Mr. E. Erwin Maddrey, II Mr. John P. Moore Ms. Candace Shiver Ms. Tricia Wharton Whitener President President/Chief Compliance Officer CEO Shareholder / Attorney Maddrey & Associates MTM Investment Management, LLC Shiver and Associates, LLC Turner Padget Graham and Laney, P.A. Dr. Jerry M. Neal Ms. Krista Newkirk, JD Mr. Kevin Short Ms. Sharon Williams President President SVP-Middle Market Banking - Carolinas Consultant Med Central Health Resources, Inc. Converse College Director S.C. Bar Association TD Bank Mr. M. Edward Sellers Ms. Chakisse Newton Mr. Dale Willis Retired Chairman & CEO Principal Mr. Trey Simon Eastern Region President, Architectural Blue Cross/Blue Shield of SC Cardinal Consulting Company President and CEO Glazing Systems S.C. Student Loan Corporation Oldcastle BuildingEnvelope Mrs. Minor Mickel Shaw Dr. Darrell F. Parker President President Mr. David M. Smalls Micco, LLC Limestone University Director Ex-Officio Member: Colleton County Legislative Delegation Mr. Joel A. Smith, III Mr. David Parker Mr. Wes Hayes Retired Dean, Moore School of Business Vice President Dr. Mark Smith Chair, S.C. Commission on Higher Education USC USC Business Partnership Foundation President Columbia International University Mr. Robert E. Staton Ms. Brandolyn Thomas Pinkston Life Trustees: President (retired), Presbyterian College Retired Consumer Affairs Administrator Dr. Leroy Staggers S. C. State Government President Mrs. Paula Harper-Bethea Mr. William B. Timmerman Morris College Executive Director Retired Chairman & CEO Mr. Ben Porter SC Higher Education Lottery Commission SCANA Corporation Market President Mr. Robert Staton, JD BB&T President (retired 12/31) Mr. MacFarlane L. Cates, Jr. Mr. M. William Youngblood, Jr. Presbyterian College President & Treasurer Attorney-at-Law Ms. Leigh Ann Puryear Arkwright Foundation The McNair Law Firm Community Relations Liaison Mr. Daniel Sulton* Duke Energy Carolinas - South Carolina Shareholder / Attorney Mrs. Joan Sasser Coker Ogletree Deakins Community Leader Mr. Chris Ruh Executive Vice President Ms. Caryn Vedane* Mr. George H. Cornelson IV Williams & Fudge, Inc. Senior Branch Office Administrator Chairman Edward Jones The Bailey Foundation Dr. Nayef Samhat President Dr. Todd Voss Mr. G. Lee Cory Wofford College President Community Leader Southern Wesleyan University Mr. Daniel S. Sanders Mr. James C. Fort Former President Dr. Dwaun J. Warmack Community Leader ExxonMobil Chemical President Claflin University Note: Asterisk (*) following names indicate new trustees as of Sept. 1 7 (Numbers following the donor name indicate the 2020 Honor Roll of Support number of years the donor has contributed to SCICU.)

A D I ABM Building Solutions / 10 Daniel-Mickel Foundation, The / 54 Ingram, Jim and Sarah / 11 AFFINITY LTC, LLC / 8 Davis, Elizabeth / 2 Alwinell Foundation / 51 Dickson Foundation, Inc., The / 35 J During our 2019-2020 Arkwright Foundation, The / 65 Dominion Energy Charitable Foundation / 65 Jackson Family Foundation / 12 fiscal year, the following Artis, Roslyn C. / 3 Duke Energy Foundation / 65 Jenzabar / 1 Jordan, Spencer / 1 individuals, foundations, B E Jolley Foundation, The / 56 and corporations supported Bailey Foundation, / 50 Elliott Davis, LLC / 19 Bank of South Carolina, The / 34 K independent higher Barnet Foundation Trust, The / 34 F Kahn Construction, M.B. / 3 Baruch Foundation, The Belle W. / 11 Find Great People / 5 Kashmer Interactive, LLC / 2 education in South Carolina BB&T Charitable Foundation /18 First Citizens Bank South Carolina / 2 King, Kathryn R. / 14 by making gifts to SCICU. Bennett, Cynthia / 2 First Horizon Advisors / 2 Bess, Clyde D. / 6 First Risk Advisors / 2 L BlueCross BlueShield of South Carolina / 33 Fisher, Ed and Sara / 7 Lane Foundation, Mills Bee / 44 On behalf of our member Britton, Kin / 3 Fort, James C. / 17 Lattimore, Ray / 6 Broughton, LaJoia / 3 LeFever, Michael G. / 13 institutions and their Burton, Mary / 1 G Lesesne, Joab and Ruth / 19 students, as well as the Garrison, John J. / 2 Lockstepgroup / 1 C Gentry, Ted / 3 Lomax, John F. / 27 SCICU Board of Trustees Campbell Consulting Group, The / 17 Gillis Advertising / 7 Love, Bradford / 3 and staff, we extend CampusLogic / 1 Gillis, Joe / 2 Lumos Network / 1 Cantey Tech Consulting / 4 GMK Associates, Inc. Foundation / 20 sincere appreciation to CapinCrouse, LLP / 8 Green, Benjamin M. / 5 M the following for their Charpia, David J. / 2 Gregory Electric Company / 2 Maddrey Foundation, The / 31 Cheatham, Jerry A. / 6 Malloy Foundation / 62 support and commitment to Cochran, Scott / 3 H Mayo, Jr., Earl L. / 17 Opportunities for Excellence. Coker, Charles W. and Joan S. / 22 Hagler, Scott / 1 McFadden, James / 3 Coleman Lew & Associates, Inc. / 7 Hallmark Management / 1 McIver, Lucy Grey / 6 Colonial Life & Accident Ins. Co. / 58 Ham, Annie / 1 McMillan Pazdan Smith LLC / 7 Comporium Foundation / 1 Harrison, Valerie E. and Gerald / 4 McNealey, Ernest / 1 Cook, Russell D. / 13 HRP Associates / 9 Metz Culinary Management / 5 Council of Independent Colleges / 46 Hudson, Tyler / 4 Miles, Eugena / 1 Council of Independent Colleges /UPS Hunter, Jr., Jairy C. / 21 Milliken & Company / 54 Thank you! Foundation / 46 HyperSign / 4 Moore, John / 3 Craig Gaulden Davis / 7 Moten, Leona Felder / 1

8 2020 Honor Roll of Support (Continued)

I N Southeastern Freight Lines, Inc. / 39 Ingram, Jim and Sarah / 11 Nephron SC, Inc. / 3 Spinx Company / 14 Newkirk, Krista L. / 4 Staton, Robert E. / 6 J Newton, Chakisse / 2 Jackson Family Foundation / 12 T Jenzabar / 1 O Tallo / 1 Jordan, Spencer / 1 Ogburn, Derial / 8 TD Bank / 5 Jolley Foundation, The / 56 TIAA / 15 P Torrence, Brenda S. / 22 K Parker, Darrell / 3 Total Comfort Solutions / 9 Kahn Construction, M.B. / 3 Parker, II, David F. / 5 Transact Business / 1 Kashmer Interactive, LLC / 2 Paymerang, LLC / 4 King, Kathryn R. / 14 Perez, Lawrence J. / 2 U Pinkston, Brandolyn / 2 Unum Group / 58 L Pioneer College Caterers / 6 Lane Foundation, Mills Bee / 44 Pollock Company / 7 V Lattimore, Ray / 6 Victor Shoreline, LC / 1 LeFever, Michael G. / 13 R Vulcan Materials Company / 51 Lesesne, Joab and Ruth / 19 Rawl & Sons, Inc., Walter P. / 10 Lockstepgroup / 1 Resource Financial Services / 2 W Lomax, John F. / 27 Ruh, Christopher / 4 Walsh Consulting Group, LLC / 7 Love, Bradford / 3 Weaver, Sr., Brent / 7 Lumos Network / 1 S Wells Fargo Foundation / 37 S West, Shay Shealy / 5 M Samhat, Nayef / 3 Whitener, Tricia Wharton / 6 Maddrey Foundation, The / 31 Sanders Family Trust / 7 Williams & Fudge / 7 Malloy Foundation / 62 ScholarBuys / 8 Williams, Sharon C. / 1 Mayo, Jr., Earl L. / 17 S.C. Student Loan Corporation / 20 Willis, Dale / 2 McFadden, James / 3 Security Federal Bank / 1 Wyche, P.A. / 9 McIver, Lucy Grey / 6 Shannon, III, Edward M. / 13 McMillan Pazdan Smith LLC / 7 Shaw, Minor M. / 30 Z McNealey, Ernest / 1 Shealy, Walter / 7 Zeigler, Jr., Edward T. / 7 Metz Culinary Management / 5 Shiver, Candace / 2 Miles, Eugena / 1 Short, Kevin / 4 Milliken & Company / 54 Simon III, David A. / 2 Moore, John / 3 Smalls, David / 3 Moten, Leona Felder / 1 Sodexo / 26 Sonoco Foundation / 65 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. 9 Miles, Eugena F. Eugena Miles, John P. Moore, Felder Leona Moton, Inc. Nephron SC, L. Newkirk, Krista Chakisse Newton, Ogburn, Derial L. Darrell Parker, II, David F. Parker J. Lawrence Perez, Brandolyn Pinkston, P. Walter Inc., & Sons, Rawl P. Christopher Ruh, Samhat, Nayef Corporation S.C. Student Loan M. Shannon, III, Edward Minor M. Shaw, D. Shealy Walter III, Candace Shiver, M. Short, Kevin Simon III, David A. David M. Smalls, Sodexo Jolley Foundation, The Foundation, Jolley Jordan, Spencer Construction, M.B. Kahn Kathryn King, C. Ray Lattimore, Michael G. LeFever, M. and Joab Ruth Jr., Lesesne, John F. Lomax, Bradford Love, Erwin II, E. Maddrey, The Foundation, Malloy L. Earl Jr., Mayo, James McFadden, Lucy Grey McIver, Ernest McNealey,

GMK Associates, Inc. Foundation Inc. GMK Associates, Green, Benjamin M. Gregory Electric Company Scott Hagler, Ham, Annie and Gerald E. Harrison, Valerie Tyler Hudson, Jr., Jairy C. Jr., Hunter, Innovations Ingram Foundation Jackson Family Bank of South The Carolina, The Barnet Foundation, Cynthia Bennett, A. and Sherry Clyde Bess, Kin Britton, LaJoia Broughton, Burton, Mary I. The Group, Consulting Campbell LLC Consulting, Technology Cantey Charpia, David J. Cheatham, Jerry A. Scott Cochran, and Joan S. Charles W. Coker, Foundation Comporium D. Cook, Russell Independent of Council Colleges/CIC Challenge ElizabethDavis, Inc. Dickson Foundation, Citizens Bank First Horizon Bank First and Edwin Sara Fisher, James C. Fort, Garrison, John J. Ted Gentry, Joe Gillis, Arkwright Foundation, The Arkwright Foundation, Artis, C. Roslyn Donors by GiftDonors by Category Alwinell Foundation Trust Alwinell Foundation SCICU ANNUAL DISCRETIONARY DISCRETIONARY ANNUAL SCICU SCHOLARSHIPS BlueCross BlueShield of South Carolina The Foundation, Daniel-Mickel Mills B. Lane Foundation, Foundation Milliken Inc. Nephron SC, Endowment General SCICU UNDERGRADUATE STUDENT UNDERGRADUATE RESEARCH PROGRAM The Belle W. Baruch Foundation, Security Federal Bank Security Federal Sonoco Foundation Foundation Fargo Wells Inc. & Fudge, Williams Colonial Life One to One Life One Scholarship to Colonial Dominion Charitable Foundation Energy Foundation Energy Duke Nephron Pharmaceuticals Trust Sanders Family Corporation S.C. Student Loan SCHOLARS PROGRAM Foundation Bailey BB&T Charitable Foundation/Truist CIC / UPS Foundation

Gifts...Thank You! 10 Gifts...Thank You! Donors by Gift Category (Continued)

Southeastern Freight Lines, Inc. BOARD MEETING SPONSORS RESEARCH SYMPOSIUM SPONSORS Spinx Company, Inc. Staton, Robert E. GMK Architectural Division, Inc. S.C. Student Loan Corporation Synovus Metz Culinary Management Sodexo Torrence, Brenda S. Pioneer College Caterers Total Comfort Solutions Resource Financial Services Unum Group SC Student Loan Corporation Vulcan Materials Company Weaver, Sr., Brent Sodexo IN-KIND GIFTS West, Shay Shealy Total Comfort Solutions Whitener, Tricia Wharton Wyche, P.A. Hallmark Management Services Williams & Fudge Inc. Sodexo Williams, Sharon C. Willis, Dale Wyche Professional Association Zeigler, Jr., Edward T.

SCICU EXCELLENCE IN TEACHING AWARDS DINNER

SC Student Loan Corporation Sodexo TD Bank Total Comfort Solutions

SCICU COLLEGE GUIDE SPONSORS

Pioneer College Caterers Sodexo SC Student Loan Corporation

11 (Will become the SCICU Student Lifeline Grants Program beginning fiscal year 2020-2021) beginning fiscal (Will Program Student Lifeline Grants the SCICU become SCICU Business Partners Program to market desire companies that for businesses and specifically is designed Program SCICU Business Partner The a at term a 12-month for available Subscriptions are their goods and/or services colleges. the SCICU member to of $250 per year. cost SCICU Program Sponsorships SCICU Program Guidebook, College SCICU Banquet, Teaching in the SCICU Excellence Sponsorship opportunities for available are sponsorships help underwrite with these organization, associated costs a nonprofit As meetings. and trustee meetings. and various publications, programs, SCICU Endowment support, research or other faculty Scholarships, development, interest. with the donor’s purposes consistent fund for the SCICU endowment Gifts be made to may support the endowment. can be sustained through programmatic SCICU Discretionary Scholarship Program SCICU Discretionary Scholarship Program must be made part the colleges to and distributed raised Funds Unrestricted the SCICU Giving Program. replaced SCICU DiscretionaryThe Scholarship Program year For the fiscal with extenuating financial circumstances. students to of the colleges the discretion at scholarship funds and awarded general of the colleges’ participating established to distributed Discretionary a formula 31, 2020, $129,361 was by distributed member institutions. Scholarshipending August funds are enrollment. 50% equally and 50% is apportioned to distributed gifts are according Trustees; of the Board by 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 in a career explore them to and encouraging lives students’ transforming are experiences These experiences. research quality undergraduate providing by of committee evaluation an assembles proposals, grant for call a issues conduct initiative, this to donors from funds raises SCICU basis, annual an On research. presents which each student a symposium at and organizes the projects selected, issues the funds for faculty be funded, who select members to the proposals earned) (interest by proceeds contributed the $15,355 to when added $52,000, that provided companies/foundations/donors For 2020, 6 findings. their research and 9 colleges from student 32 24 projects conducted by In total, funded. be to grants research undergraduated in $67,855 allowed endowment, SCICU the from in 2020. funded were universities 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 recognize and they also degree a college complete to students talented encourage the need to recognize Scholars Program Scholar programs sponsored companies/foundations/donors 2020, twelve For success. long-term for high potential people with outstanding young to prohibitive each donor. by the scholarships is developed for Criteria students. 248 undergraduate to $453,000 provided that SCICU at Program Research Student/Faculty SCICU Undergraduate Giving Opportunities SCICU Scholars Program in the Investors institutions. SCICU member scholars at student in undergraduate investment encourage in 1994 to developed was SCICU Scholars Program The

Giving Opportunities 12 Scholars Program Program2019-2020 Scholars The Scholars Program was developed in 1994 DUKE ENERGY SC STUDENT LOAN CORPORATION to encourage investment in individual student Nine $5,000 $2,500 scholarships scholars attending participating SCICU member scholarships are given at institutions. Investors in the Scholars Program are awarded to all 20 SCICU recognize the need to assist talented and engineering or member colleges pre-engineering for traditional deserving students in their efforts to obtain a majors who are juniors or seniors attending full-time undergraduate students who are SC college degree. SCICU institutions located in the Duke Energy residents with a GPA of 3.0 or higher and have service area. financial need as determined by FAFSA. The scholarships should be used to reduce the need for educational borrowing. BAILEY FOUNDATION $1,000 scholarships given at all 20 colleges to traditional students who are SC residents living SANDERS FAMILY FOUNDATION in Laurens County. SCICU trustee Dan Sanders, through his family NEPHRON PHARMACEUTICALS foundation, established this scholarship Two $1,000 scholarships are beginning in the 2014-2015 academic year awarded at each of the 20 SCICU BB&T CHARITABLE FOUNDATION that operates in coordination with the Furman member colleges. Eligible $2,000 scholarships given at all 20 University Bridges to a Brighter Future Program, students must be full-time and colleges for traditional students a program that assists at-risk youth with their majoring in a STEM-related who are SC residents with a GPA of educational goals. Ten students participating field of study. They must also 3.0 or higher and have high in the Furman Bridges Program will be selected demonstrate financial need as financial need as determined by by the Bridges program to receive $1,000 determined by the Free Application for Federal FAFSA. scholarships to attend the SCICU-member Student Assistance (FAFSA). college of their choice. Recipients will be upper-class students who have extenuating circumstances in their financial aid packages. COLONIAL LIFE UPS FOUNDATION $2,000 scholarships $3,000 scholarships at all 20 for nine traditional member colleges for traditional students who are SC students who are SC residents residents with a GPA SECURITY FEDERAL with a GPA of 3.0 or higher. of 3.0 or higher, who $1,250 Scholoarships to have high financial need as determined by the one student each at Allen, FAFSA, and attend Allen University, Benedict Benedict, Columbia College, College, Claflin University, Columbia College, or and Columbia International Newberry College. University. Fulltime, SC resident, financial need, and WELLS FARGO FOUNDATION Two $500 scholarships at all a 2.5 GPA. 20 colleges for traditional DOMINION ENERGY students who are SC residents, Two $1,500 have GPAs of 2.5 or higher, are scholarships are Federal Pell Grant recipients, awarded at all SONOCO FOUNDATION and are members of a diverse 20 colleges and population underrepresented in are available to Fifteen $1,667 scholarships for higher education. traditional students with a GPA of 3.0 or higher. traditional students who are SC Student, parent, or guardian must be a current residents with demonstrated customer of Dominion Energy. financial need. WILLIAMS & FUDGE, INC. $500 scholarships to reward leadership at each of SCICU’s 20 members. College presidents select students who currently hold leadership positions at the colleges and who have a minimum GPA of 2.5. 13 SCICU Business Partners 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 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 COLONIAL LIFE Alpharetta, GA Columbia, SC

AFFINITY, LTC, LLC COLEMAN LEW CANNY BOWEN Lemoyne, PA Charlotte, NC

ARAMARK HIGHER EDUCATION CRAIG GAULDEN DAVIS Cary, NC Greenville, SC

BANK OF SOUTH CAROLINA DOMINION ENERGY Charleston, SC Richmond, VA

BROWN & BROWN SOUTH CAROLINA DUKE ENERGY Columbia, SC Greenville, SC

BROWN EDWARDS ELLIOTT DAVIS, LLC Roanoke, VA Greenville, SC

BLUE CROSS/BLUE SHIELD OF SC ENTERPRISE HOLDINGS Columbia, SC Columbia, SC

BB&T FIND GREAT PEOPLE, LLC Columbia, SC Greenville, SC

CAMPUS LOGIC GENWORTH FINANCIAL Chandler, AZ Lemoyne, PA

CANTEY TECH CONSULTING GILLIS SPECIALTY ADVERTISING North Charleston, SC Columbia, SC

CAPIN CROUSE LLP GIRAFFE WEB DEVELOPMENT & DESIGN Lawrenceville, GA Greenville, SC 14 SCICU Business Partners

GMK ASSOCIATES INC. MILLIKEN & COMPANY Columbia, SC Spartanburg, SC

HALLMARK MANAGEMENT SERVICE NEPHRON PHARMACEUTICALS Columbus, OH Columbia, SC

HAYNSWORTH SINKLER BOYD NETZERO-USA Greenville, SC Alpharetta, GA

HRP ASSOCIATES PAYMERANG Greenville, SC North Chesterfield, VA

HYPERSIGN PHAROS RESOURCES, LLC Spartanburg, SC North Chesterfield, VA

JENZABAR PIONEER COLLEGE CATERERS Boston, MA Cleveland, TN

LOCKSTEP TECHNOLOGY GROUP POLLOCK COMPANY Duluth, GA West Columbia, SC

LOWER COST MODELS CONSORTIUM PVC FITTINGS ONLINE Adrian, MI Rock Hill, SC

M.B. KAHN CONSTRUCTION COMPANY, INC. SCHOLARBUYS Columbia, SC Carpentersville, IL

MCMILLAN PAZDAN SMITH ARCHITECTURE SC STUDENT LOAN CORPORATION Spartanburg, SC Columbia, SC

METZ CULINARY MANAGEMENT SEGRA Sarasota, FL Columbia, SC 15 SCICU Business Partners SCICU Business Partners (continued)

SODEXO UNITED HEALTHCARE Spartanburg, SC STUDENT RESOURCES Doylestown, PA

SONOCO PRODUCTS UPS Hartsville, SC Columbia, SC

SPINX COMPANY VICTOR SHORELINE Greenville, SC Dallas, TX

SYNERGI PARTNERS VIRTUAL CARE GROUP Florence, SC Los Angles, CA

TALLO VULCAN MATERIALS COMPANY Mt. Pleasant, SC Atlanta, GA

TIMELYMD WALSH CONSULTING, LLC Fort Worth, TX Columbia, SC

TOTAL COMFORT SOLUTIONS WELLS FARGO BANK West Columbia, SC Columbia, SC

TRANE WILLIAMS & FUDGE Columbia, SC Rock Hill, SC

TRANSACT WYCHE LAW FIRM Phoenix, AZ Greenville, SC 16 2019-2020 Review 17 Dr. Robert Redfield Dr. Director CDC 2020 Session Advocacy Results 2020 Session Advocacy South Carolina General Assembly General South Carolina Funding for the state’s college and university library and university college the state’s for Funding partnership $1.5 million. at remained FEDERAL CARES ACT about $33 million to CARES Act provided Federal The supportSCICUmember institutions to impacted by operations their students. to emergency and subsidize grants COVID-19 While COVID-19 posed great challenges for the South challenges for posed great COVID-19 While in conducting Assembly General its 2020 session, Carolina signed resolution, a continuing pass able to were legislators priorities: top SCICU’s for provided that the governor, by Program Grants Tuition $3,500, but thanks funded at remained maximum grant The Commission Tuition Grants the sound fiscal stewardship, to $3,600. the maximum to raise able to was Merit Scholarships State the same level, at remained scholarship programs state All lottery. the state million from than $300 more funded by PASCAL “...what happened over the summer and the fall is many is many summer and the fall the happened over “...what really develop stepped and up to universities colleges really that engaged they steps mitigation comprehensive bodythe student into.” buy to

3,000 67,854 60,000 109,500 $ 453,005 $ 693,359 3,174,154 4,499,114 34,211,894 11,369,809

$ 42,254,291 $ 91,553,925 $ 73,966,504 $ 66,466,698 3,000,692 543,777

$166,213,788

- More than $91 million in than $91 million - More

- Students attending SCICU colleges and universities and universities SCICU colleges attending - Students Pell Grants Pell Work Study Federal FSEOG Grant Discretionary Scholarships Rewards Teaching In Excellence Year the of SCICU Student SCICU Scholars Program Research Student Undergraduate LIFE Scholarships Scholarships Fellows Palmetto HOPE Scholarships LotteryAssistance Tuition S.C. Tuition Grants S.C. Tuition

programs for students attending SCICU member colleges SCICU member colleges attending students for programs and universities: Total direct economic benefit of all SCICU fundraising and benefit of all SCICU fundraising direct economic Total scholarship/grant support federal and legislative of state

Totals

Scholarship Programs and Campus Support and Campus Scholarship Programs SCICU raised and distributed $693,359 to member colleges and member colleges to $693,359 and distributed SCICU raised advancement. and academic research, scholarships, for universities 2019-2020 SCICU Fundraising and Legislative Support Results and Legislative SCICU Fundraising 2019-2020 Advocacy and Fundraising Results Fundraising and Advocacy Totals

state-funded grants and merit scholarships was awarded to students students to state-funded awarded and merit scholarships was grants and universities. SCICU member colleges attending State Grants and Merit Scholarships Grants State

received a total of $74 million in federal grant assistance, including: assistance, grant in federal of $74 million a total received Federal Grants Federal

Even SCICU board meetings (see right-fall meetings (see right-fall SCICU board Even conducted virtually due to meeting) were pandemic. the COVID-19 SCICU scrambled in March 2020 and brought and brought 2020 in March SCICU scrambled via Zoom people than ever together more college/university SCICU hosted meetings. and chief chief academic officers, presidents, weekly for discussing best financial officers campus operations. for practices The COVID-19 pandemic COVID-19 The - changed collaboration more brought technology people than ever together breakfast (see right). Another three college/ three Another (see right). breakfast SCICU joined the entire presidents university the business meeting. for board board committee meetings and institutional committee board directors. research meeting spring board SCICU’s CIU hosted with 11 college/university in February the presidents’ for gathering presidents 2020 started significant with in-person collaboration SCICU started usual in- 2020 off with its January and February person gatherings. with together SCICU team the brought COVID-19 changes - but doesn’t stop - SCICU collaboration SCICU - stop doesn’t - but changes COVID-19

2019-2020 Review 18 Accolades and Milestones 19 including 98 churches, 75 schools/colleges, and more than 100 and more 75 schools/colleges, including 98 churches, the to the American Legion from ranging charitable organizations Way. United than more has generated gift program matching Foundation’s The schools throughout and colleges to funds $1 million in matching the southeast. Senior neuroscience major Senior neuroscience merit scholarship (four-year Hollingsworth scholarship recipient John D. University) Furman study at for S.C. residents to given list all semesters Dean’s body vice-president student Furman Medical Clinic, Free (Greenville community involvement Extensive Ronald McDonald House, needs students, special for Center Washington Life) for Relay Program, Barriers Health Spring Break to assistant resident coordinator, area housing assistant Furman a physiciant goal - medical school / become Post-graduate than $650,000 in of more - a total of philanthropy 50 years member colleges 20 SCICU’s at students to scholarships awarded undergraduates traditional-age are Recipients and universities. residences. permanent County with Laurens the for be the vehicle Mills, in 1951 to Inc. Clinton by Founded charitable endeavors. company’s of supportNearly and local non-profits, 70 years education for • • • • • • • • • • • 2020 McLean - Smith McLean 2020 Year the of Student SCICU University Roberta - Furman Moran

(L-R) Roberta Student of the Year; 2020 McLean-Smith Moran, (L-R) president. University Elizabeth Furman Davis, Dr.

Bob LInk, representing The Bailey Foundation, is displaying the Bob LInk, Foundation, representing The Bailey (standing in front of a painting of donor award 50-year SCICU Hall). Neville College’s Presbyterian Celebrating The Bailey Foundation - 50-year SCICU donor - 50-year Foundation Bailey The Celebrating Excellence In Teaching Awards SCICU Excellence in Teaching Awards

The hallmark of South Carolina’s private, non-profit colleges and universities is the emphasis on individualized learning and student achievement. This can only be accomplished by a distinguished faculty working in a supportive environment that encourages and fosters serious inquiry, critical thinking and a broader understanding of the world in which we live.

Each year, SCICU recognizes and celebrates outstanding faculty members with its Excellence in Teaching Awards. Each campus selects an Excellence In Teaching award winner, and SCICU is proud to award each recipient a $3,000 professional development grant. This group of teacher-scholars represents many different academic disciplines and brings a rich diversity of education, experience and interests to our campuses.

Dr. Michael Lane Dr. Paige Ellisor-Catoe Instructor Ruby Blair Dr. Mela Wyeth Dr. Harpal S. Grewal Allen University Anderson University Benedict College Charleston Southern University Claflin University Mathmatics English Composition English Finance and Quantitative Economics and Finance and Literature Analysis

Dr. Graham Wood Dr. AnnMarie C. Knight Dr. Lynn Hoekstra Dr. Chandra Owenby Hopkins Dr. Catherine White Coker University Columbia College Columbia International Converse College Erskine College Music Speech Language University Theatre Mathematics Pathology Teacher Education 20 Excellence in Teaching Awards 21 Spanish Wofford College Wofford Dr. Melissa L. Cruver Dr. Dr. Britton W. Newman W. Britton Dr. Early Childhood Education North University Greenville Psychology Accounting Dr. Sara A. Peters Sara Dr. Alicia Davis, Ed.S. Davis, Alicia Newberry College Voorhees College Voorhees 2020 Recipients 2020 English English Spartanburg Morris College Dr. Litasha Dennis Dr. Methodist College Professor Priscilla Patten Priscilla Professor English University Psychology Limestone College Limestone Dr. Steven Hayduk Steven Dr. Dr. Alex Richardson Alex Dr. Southern Wesleyan Southern Wesleyan Theatre Arts Theatre Mathematics Furman University Furman Presbyterian College Presbyterian Professor Maegan M. Azar Professor in April, SCICU remains proud to recognize 20 outstanding faculty members as the recipients of the 2020 20 outstanding faculty members as the recipients recognize to proud SCICU remains in April, Awards. Teaching In Excellence respective academic disciplines. They are value-centered, passionate, creative and caring. creative value-centered, passionate, are They disciplines. academic respective dinner Awards Teaching In Excellence the 2020 pandemic cancelled challenges of the COVID-19 the While they are dedicated teachers who come to our liberal arts our liberal to one-on-one who come work teachers institutions to dedicated they are serving with students, their be the best in to long and hard worked have educators outstanding These and friends. mentors as advisors, There are common threads that weave throughout this distinguished group of academicians. First and foremost, and foremost, First of academicians. group distinguished this throughout weave that threads common are There Dr. Charles Clinton Harshaw Charles Clinton Dr. present their research project their research present luncheon findings during the the 2020 session at poster symposium. SCICU student researchers researchers SCICU student 2020 Research Milliken & Co. Milliken Symposium Participants

February 20, 2020 February

Student/ Faculty Faculty Student/

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 and universities. of SCICU member colleges tour a week-long given were higher education and others who impact regarding counselors choices/decisions Guidance student 2015 Annual Student Networking Events and Guidance Counselor Campus Tours Campus Counselor Guidance and Events Networking Student Annual 2015 skills, the benchmarks of highly-qualified professional researchers. skills, the benchmarks of highly-qualified professional Initially developed in 1995, the SCICU Undergraduate Student/Faculty Program increases research opportunities research for increases Program Student/Faculty Undergraduate the SCICU in 1995, Initially developed on rigorous funding based selected for projects are Research institutions. SCICU member attending students undergraduate and presentation research opportunities professional develop have students to Participating expertsubject-area review. SCICU Undergraduate Student/Faculty Research Program Research Student/Faculty Undergraduate SCICU

Undergraduate Student Research 22 A total of 19 research proposals involving 21 students from six SCICU member institutions were awarded research grants Undergraduate Student Research totalling $67,854 in the spring of 2020. Project research concluded in December 2020. Student researchers will present their findings at the SCICU Research Symposium on February 18, 2021 – SCICU’s first-ever virtual symposium co-hosted by Converse College. Listed below are the students, faculty sponsors, and the project titles for the research projects selected for funding in 2020. Due to COVID-19 issues, five research projects funded for students at Claflin, Converse, Furman, and Newberry (combined funding of $17,929) were postponed until the 2021 research year.

Research projects completed in December 2020. Research findings will be presented at the February 2021 Research Symposium.

Institution Student(s) Faculty Sponsor(s) Research Topics Claflin University Shone Nairn Dr. Brandon Yarborough Intervene with Green: A New “Green Chemistry” Lab Experiament Centered on Recycling, Renewable Fuels, and Sustainability Claflin University Chris Etteh Dr. Brandon Yarborough Natural Products in the Chistry Lab: Extraction of an Indicator Pigment from Turmeric Coker University Hunter Johnson Dr. Sami Varjosaari Silantrane Assisted Deoycholorination of alcohols: Replacing Oxygens with Chlorine in Small Organic Molecules Coker University Dezmon L. Patten Dr. Ze Zhang Object Recognition: With A1 Deep Learning Coker University Chelsa Sellers Dr. Rhonda Knight Examples of Female Leadership in Ovid’s Metamorphoses and Heroides Converse College Jordyn Welcher, Emilee Dr. William Case, Dr. Mary Examining Rare Earth Elements as Alternative Colorants in Glaze Chemistry: A Safer, Vibrant Wolfe Carlisle Alternative for Ceramicists Converse College Alyia Bryant Dr. Abreeotta Williams Effects of Broad Spectrum Antibiotic on Reniform Mematode, Rotylenchulus reniformis Converse College Phylicia Allen Dr. Edna Steele Does Exposure to Sublethal Concentrations of Glyphosate and 2,4-D Induce Oxidative Stress in Eisenia fetida? Converse College Ahdiayah Horton Dr. Siegwart Reichwald Mendelssohn Unfinished: An In-Depth Analysis of Felix Mendelssohn’s String Quintet, Op. 87 Furman University Lauren Leach Dr. Wade Worthen A Description of the Insect Communities Exploring Large Mammal Carcasses in the Dessert Southwest Furman University Andrew Freeland Dr. Suresh Muthukrishnan Improving Productivity of Farms Using Drones and Data Analysis

Furman University Margaret Scapellato Dr. Onarae Rice Can Blocking the Brains Dopamine D3 Receptor Prevent the Development of PTSD in Rodents? Southern Wesleyan Emily Corriher, Haley Dr. Staci Johnson Effect of a High-Fat Diet on the Reproductive System of Female Sprague-Dawley Rats McLaughlin Southern Wesleyan Dar’ia Chastain Dr. Jeffrey Mohr Habitat Use of the Northern Watersnake Along a Riverine System at Table Rock State Park

Wofford College Erin Mancini Dr. Karen Goodchild How are Prints Made?: Global and Historical Approaches to Printmaking Wofford College Rachael Karriker Dr. Lori Cruze Population Dynamics and Reproduction Biology of the Carolina Wren Wofford College Emily Rea Dr. Geoffrey Mitchell Does Ingestion of Micrplastics Make Cnidarians More Susceptible to Bleaching? Wofford College Hannah Scott Dr. Jeremy Morris Muscoloskeletal Traits Associated With a Functional Trade-off Between Running Efficiency and Physical Competitive Ability in Male House Mice Wofford College Blair Brawley Dr. Ramin Radfar Structure, Function, and Diseases Associated with G6PD Deficiency

23 t ) Contributed more than $844 million in business expenses million in business expenses than $844 more Contributed Awarded 5,845 bachelor’s degrees (22% of SC’s bachelor’s bachelor’s (22% of SC’s degrees 5,845 bachelor’s Awarded thousand 7,200 faculty and several and staff over Employed student workers (Fall 2019) (Fall workers student 2018-19) (AY economy South to Carolina’s and payroll degrees) and 1,291 graduate degrees during AY 2018-19 during AY degrees and 1,291 graduate degrees) • • • 29,284 undergraduate students (22% of S.C.’s total total (22% of S.C.’s students 29,284 undergraduate S.C. residents are students 70% of undergraduate as non-white identify 48% of undergraduates students 4,312 graduate undergraduate enrollment at four-year institutions) four-year at enrollment undergraduate o o o o Provided $297 million in institutional aid to undergraduate undergraduate aid to $297 million in institutional Provided Enrolled 33,596 students (Fall 2019) (Fall 33,596 students Enrolled students (AY 2018-19) (AY students SCICU represents 20 independent colleges and universities, each with a unique historical and cultural background. Many Many background. cultural and historical with a unique each universities, and colleges 20 independent represents SCICU and colleges black historically five include currently institutions member SCICU’s faith-based emphasis. a strong also have co-educational. now are that colleges all-women’s previously and two universities and universities: member colleges SCICU Educational and Economic Impact of Independent Colleges and Universities and Impact Economic and Colleges Independent of Educational • •

Educational and Economic Impact 24 Student Financial Aid 25 Federal Student Loans 23%* Loans Student Federal $139 million Tuition Grants 6% Grants Tuition $39 million Other Federal Grants 2% Grants Other Federal $10 million 2018-2019 Academic Year Academic 2018-2019 — Pell Grants 11% Grants Pell $63 million S.C. Merit Scholarships 8% $49 million Financial Aid Sources by Category by Sources Aid Financial Sources: Sources: Year 2018-2019 Academic Scholarship on Higher Disbursements, Education, S.C. Commission Year 2018-19 Award Commission, Grants Tuition S.C. Higher Education Survey 2020 SCICU Institutional Research loans. PLUS PARENT It excludes student loans only include loans for which the student is named as borrower. Federal *NOTE: SCICU institutions invest substantially in the success of students. At $297 million, or 50% of all financial $297 million, or At of students. in the success substantially SCICU institutions invest financial aid. of student single source the largest and loans are grants, institutional scholarships, aid, repayment financial aid package require student does not average of the SCICU Nearly four-fifths and institutional tuition grants, merit scholarships, state study, grants/work Federal students. by member SCICU attending for students financial aid 77% of student for account scholarships collectively and universities. colleges Institutional Scholarships, 50% and Loans Grants, $297 million SCICU Member Colleges and Universities Universities and MemberSCICU Colleges • • Financial Condition FINANCIAL CONDITION: September 1, 2019 - August 31, 2020

The financial statements of SCICU are audited by the firm Elliott Davis, LLC which has issued its unmodified opinion. The following is drawn from their 2020 audit. Total assets of $5,093,477 on August 31, 2020 compares to $4,693,206 on August 31, 2019.

Because our member colleges and universities are assessed dues to underwrite the entire administration and operating costs of this non-profit organization, 100% of all contributions raised from donors are distributed to the members for scholarships without any reductions for fund-raising costs. Gifts and awards totaling $685,762 were distributed during the fiscal year.

SOUTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES, INC.

STATEMENT OF ASSETS, LIABILITIES, AND NET ASSETS STATEMENT OF REVENUES, EXPENSES, AND CHANGES MODIFIED CASH BASIS IN NET ASSETS — MODIFIED CASH BASIS For the year ending August 31, 2020 For the year ending August 31, 2020

CURRENT ASSETS REVENUES Cash and cash equivalents $ 483,044 Gifts and awards received $ 574,317 Investments 4,593,021 Member college assessments 559,217 PROPERTY AND EQUIPMENT Unrealized and realized gains on investments 378,604 Building $121,531 Interest and dividends 71,676 Building improvements 36,782 Special function 18,797 Office furniture and equipment 25,581 Miscellaneous 1,926 183,894 Total Revenues $ 1,604,537 Less accumulated depreciation 166,482 17,412 Total Assets $ 5,093,477

LIABILITIES EXPENSES Refundable Advance 64,138 Gifts and awards distributed 685,762 Total Liabilities $64,138 Operating costs 582,642 Total Expenses $ 1,268,404 NET ASSETS WITHOUT DONOR RESTRICTIONS Undesignated $2,754,852 Designated by the Board CHANGE IN NET ASSETS $336,133 for endowment 441,519 $3,196,371 NET ASSETS, BEGINNING OF YEAR 4,693,206 WITH DONOR RESTRICTIONS 1,832,968 TOTAL NET ASSETS $ 5,029,339 NET ASSETS, END OF YEAR $ 5,029,339 26 ImportantImportant Dates:Dates: 201920202021 SCICU Team

February 20 February 21 L. Jeffrey Perez, Ph.D. Brenda Torrence UndergraduateFebruary 18 Student/Faculty Undergraduate Student/Faculty President and CEO Director of Business and Finance ResearchUndergraduate Symposium Student/Faculty Research Symposium [email protected]@scicu.org [email protected]@scicu.org MillikenVirtual Research & Company, Symposium Spartanburg MillikenVia Zoom & Company, Spartanburg Eddie Shannon Shay Shealy West Executive Vice-President Director of Communications and Marketing March 25 MarchFebruary 7-8 25 [email protected]@scicu.org [email protected]@scicu.org Board of Trustees Spring Meeting BoardBoard of of Trustees Trustees Retreat Spring Meeting Columbia International University, WildVia Zoom Dunes Resort, Isle of Palms Columbia Follow SCICU for the latest news on independent higher education in South Carolina: April 8-12 AprilApril 6-106 SC Independent College & S.C.Excellence Independent In Teaching Colleges and University Week UniversitiesVirtual Celebration Week SCICU website scicu.org

April 9 April 7 ExcellenceApril 12 - 16 in Teaching Awards SCICU monthly email newsletter Excellence in Teaching DinnerS.C. Independent Colleges and Sign up here - http://bit.ly/SCICU-newsletter-signup AwardsUniversities Dinner Week Columbia Metropolitan Conven- Columbia Metropolitan tion Center, Columbia Convention Center, Columbia SCICUSouth Carolina seeks Independent to Collegesadvance and Universities independent - SCICU higher April 14 AprilS.C. Independent 10 Colleges and April 8 SCUniversities Independent Day College & educationSCICU President through - Jeff Perez fundraising, scholarships, re- S.C. Independent Colleges University Day @SCICU_JeffPerez And Universities Day SC State House, Columbia SCICU Communications - Shay Shealy West S.C. State House, Columbia search, and by facilitating collaborative activi- @SCICU_@SCICU_ShayWestShayWest

1706ties Senate Streetamong • Columbia, the S.C. 29201 member • Ph: 803.799.7122 institutions. • Email: [email protected] 27 SCICU’s interactive College Guide to Private Colleges and Guide is your best ONE-STOP UniversitiesSCICU’s in interactive South Carolina College Guide is your best ONE-STOP source for information on college admissions, financial aid, and scholarships at Southsource Carolina’s for leading information independent on colleges and universities. Great opportunities awaitcollege you at SCICU admissions, colleges and financial universities! aid, and scholarships at South Carolina’s leading independent colleges and universities. Great opportunities await you at SCICU colleges and universities!

Link to SCICU College Guide: http://bit.ly/SCICU-CollegeGuide-2019-2020

Link to SCICU website: Linkscicu.org to SCICU College Guide: https://www.scicu.org/scicu-guide-to- private-colleges-and-universities-in- south-carolina-ar/ Link to SCICU website: https://www.scicu.org