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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education College of Charleston Foundation

College of Charleston Foundation

Fiscal year ending 2024. Filed on May 7, 2025.

66 George Street
Charleston, South Carolina 29424

College of Charleston Foundation (EIN: 23-7069236) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, College of Charleston Foundation, a 501(c)(3) charitable organization, reported compensation for 7 out of 7 total employees. Among the employees shown here, the average compensation is $408,876. The highest compensated employee at College of Charleston Foundation is Patrick Kelsey with fiscal year 2024 compensation of $1,146,920.

Revenue, expenses, and employee compensation

Revenue

$21,228,162

Expenses

$15,040,272

Employee compensation

$3,667,346
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Kelsey
Basketball Coach
$1,146,920
$375,000 $771,920 No other comp
Mr Andrew Hsu
President, Cofc
$516,812
$274,686 $242,126 No other comp
Ms Suzanne Austin
Provost, Cofc
$362,187
$100,000 $262,187 No other comp
Paul Schwager
Business School Dean
$305,838
$30,000 $275,838 No other comp
Dan Frezza
Evp-Cofc Advancement, Foundation CEO
$257,888
$58,600 $199,288 No other comp
Jimmie Foster
Vice President of Admissions
$146,053
$0 $146,053 No other comp
J R Barnhart
Foundation Cfo/Coo
$126,431
$0 $126,431 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bartina L Edwards, Esq
Director
Dr Charles Mosteller
Director
Dr Mark Buono
Director
Dr Neil Draisin
Director
Mr Brady Quirk-Garvan
Director
Mr Craig Eney
Director
Mr Eric Cox
Director
Mr H Chapman McKay
Director
Mr John Carter Jr
Director
Mr Johnnie Baxley III
Secretary
Mr Justin McLain
Director
Mr Nicholas Glover
Director

Contractors

Aramark Services Inc.
Catering
$600,712
Blackbaud
Software
$280,419
Charleston Regional Development Alliance
Economic Development
$100,000

Mission Statement

The Mission of the College of Charleston Foundation is to promote programs of education, research, student development, and faculty development for the exclusive benefit of the College of Charleston.

Revisions to this organization profile

November 20, 2025:
2025 College of Charleston Foundation 990 filed
May 7, 2025:
2024 College of Charleston Foundation 990 filed
February 15, 2024:
2023 College of Charleston Foundation 990 filed

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