2024-11-13T18:22:29Z 2024-06-30 990 2023-07-01 933994323 GAMECOCK CLUB GAME 8037774276 1304 HEYWARD ST COLUMBIA SC 292083407 Lindsay Sprague Chief Financial Officer 8037774276 2024-11-13 2023 2024-10-15 13:58:12Z X Wayne Hiott 1304 Heyward Street Columbia SC 29208 1509464 false X https://thegamecockclub.com/ X 2023 SC The Gamecock Club is organized exclusively for charitable, academic, and educational purposes, including, for such purposes, making of distributions to organizations which qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or the corresponding section of any future United States internal revenue law. The Gamecock Club has been organized, and at all times shall be operated, exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the University of South Carolina (USC), an institution of higher learning and agency of the State, in connection with its athletic programs and support of its Athletic Department. 20 19 0 0 0 1500000 0 9464 0 0 1509464 0 0 0 0 0 0 0 0 0 1509464 0 1509464 0 0 0 1509464 The Gamecock Club is organized exclusively for charitable, academic, and educational purposes, including, for such purposes, making of distributions to organizations which qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or the corresponding section of any future United States internal revenue law. The Gamecock Club has been organized, and at all times shall be operated, exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the University of South Carolina (USC), an institution of higher learning and agency of the State, in connection with its athletic programs and support of its Athletic Department. false false New nonprofit; program services to begin in fiscal year beginning July 1, 2024. 0 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false false false X 20 19 false false false false false false false true true false true true false true true true true true true false false SC X Lindsay Sprague 8037779126 1304 Heyward Street Columbia SC 29208 Sharon Eden District 1 Director 0.00 X 0 0 0 Chris Fulmer District 2 Director / Board Chair 0.00 X X 0 0 0 Cheryl Wingard District 3 Director 0.00 X 0 0 0 Paul Reardon District 4 Director 0.00 X 0 0 0 Kyle Rogers District 6 Director 0.00 X 0 0 0 Harry Gregory Jr District 5 Director 0.00 X 0 0 0 Meredith Blackwell District 9 Director 0.00 X 0 0 0 Richard Lee Thornton District 7 Director 0.00 X 0 0 0 Bryon Jeffcoat District 8 Director 0.00 X 0 0 0 Steve Gunter District 11 Director 0.00 X 0 0 0 Thomas McDonald District 10 Director 0.00 X 0 0 0 Lori Bell District 14 Director 0.00 X 0 0 0 Michael Scaturro District 12 Director 0.00 X 0 0 0 James Price District 13 Director 0.00 X 0 0 0 Tommy Hickman District 15 Director 0.00 X 0 0 0 Marvin Alton Hyatt Jr District 16 Director 0.00 X 0 0 0 James Wolf Out of State Director / Vice Chair 0.00 X X 0 0 0 D Ray Tanner USC Director / Athletics Director 4.00 36.00 X 0 0 0 Thad Westbrook III USC Director / Chairman of the USC Board of Trustees 0.00 20.00 X 0 0 0 C Dan Adams USC Director / USC Board of Trustees Member 0.00 20.00 X 0 0 0 Simone Keller Secretary / Associate Director of the Gamecock Club 40.00 X 0 55000 0 Lindsay Sprague Treasurer / Director of Operations 40.00 X 0 60000 0 Wayne Hiott Gamecock Club CEO / Senior Assoc. AD 20.00 20.00 X 0 75000 0 0 160000 0 0 false false false 0 1500000 1500000 9464 9464 1509464 0 0 9464 X 0 0 0 0 1509464 0 1509464 0 0 X 9464 1500000 0 1509464 0 1509464 1509464 X false false X X 0 University of South Carolina 576001153 5 true 0 0 1 0 0 true true false false false false false false false false false false false false false true true true X true true false false Part IV, Section A, Line 2 State university - exempt from federal income tax under IRC section 115 Part IV, Section D, Line 3 Two members of the USC Board of Trustees serve as voting members on the Gamecock Club Board of Directors, as well as the Executive Committee. Part IV, Section E, Line 2a Gamecock Club has been organized, and at all times shall be operated, exclusively for the benefit of, to perform the functions of, and to carry out the purposes of USC in connection with its athletic programs and support of its Athletic Department. USC acknowledges, and the Gamecock Club accepts, the organization's affiliation with USC, as a supporting organization thereof, dedicated to the athletic programs and support of the Athletic Department of USC as contemplated in its Articles of Incorporation on file with the South Carolina Secretary of State and its Bylaws, true copies of which have been provided to USC. The Parties acknowledge and agree that the activities of the organization shall be of mutual interest and benefit to USC and shall further the educational mission of USC. Part IV, Section E, Line 2b All contributions to the Gamecock Club fund student-athlete and athletic program expenses that would otherwise be paid by the USC Athletics Department. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part IX, Line 11g All functional expenses through June 30, 2024 were paid by the University of South Carolina and reported under the following EIN: 57-6024939. All revenues and expenses for the organization will move to this new entity beginning July 1, 2024. Part VI, Line 12c 1. Duty to Disclose. In connection with any actual or possible conflict of interest, an Interested Person must disclose the existence of any Financial Interest and all material facts to the directors and members of committees with Board-delegated powers considering the proposed transaction or arrangement. 2. Determining Whether a Conflict of Interest Exists. After disclosure of the Financial Interest and all material facts, and after any discussion with the Interested Person, the Interested Person shall leave the Board of Directors or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board of Directors or committee members shall decide if a conflict of interest exists. 3. Procedures for Addressing the Conflict of Interest. a. An Interested Person may make a presentation at the Board of Directors or committee meeting, but after such presentation, the Interested Person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. b. The Chair of the Board of Directors or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the Board of Directors or committee shall determine whether the Gamecock Club can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Board of Directors or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Gamecock Clubs best interest and for its own benefit and whether the transaction is fair and reasonable to the Gamecock Club and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. 4. Prohibited Transactions. Notwithstanding, anything in this policy to the contrary, an Interested Person shall not, during the period of service as a director, officer or member of a committee with Board-delegated powers and for a period of twelve (12) months thereafter, invest, or receive an ownership interest, through stock, options, phantom stock or otherwise, in any entity or venture in which the Gamecock Club maintains an ownership interest excepting the Gamecock Clubs investments in publicly traded securities including mutual funds. Provided, however, the Board of Directors, upon a vote of 75% of its members not counting the affected director, may waive the applicability of the above-described prohibition with respect to the 12-month period following a directors period of service as a director, officer, or member of a committee with Board-delegated powers. 5. Violations of the Conflicts of Interest Policy. a. If the Board of Directors or committee has reasonable cause to believe that a member has failed to disclose an actual or possible conflict of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. b. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the Board of Directors or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Part VI, Line 15a The Executive Committee evaluated comparable CEO positions across the Southeastern Conference. At a meeting on May 6, 2024, the committee discussed and approved a CEO compensation package that would take effect on July 1, 2024. Part VI, Line 19 The Gamecock Club bylaws, including the conflict of interest policy, are available to the public on the organization's website. Financial statements are available upon request. Part VI, Line 1a District 1 Director Dr. Sharon Eden District 2 Director Mr. F. Chris Fulmer District 3 Director Ms. Cheryl Wingard District 4 Director Mr. Paul Reardon District 5 Director Mr. Harry B. Gregory, Jr. District 6 Director Mr. Kyle Rogers District 7 Director Mr. Richard "Lee" Thornton District 8 Director Mr. Bryon Jeffcoat District 9 Director Ms. Meredith Blackwell District 10 Director Mr. Thomas McDonald District 11 Director Mr. Steve Gunter District 12 Director Mr. Michael "Scat" Scaturro District 13 Director Mr. James Price District 14 Director Ms. Lori Anderson Bell District 15 Director Mr. Tommy Hickman District 16 Director Mr. Marvin "Alton" Hyatt Jr. Out Of State Director Mr. James Wolf USC Director Mr. D. Ray Tanner USC Director The Honorable Thad Westbrook III USC Director Mr. C. Dan Adams University of South Carolina 1718 College Street Columbia SC 29208 576001153 University SC 115 na false false false false false false false false false false false false false false false true false false false false University of South Carolina o 190000 FMV