Blackbaud Fundraising Whitepapers

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CUSTOMER STORY: The University of South Carolina The University of South Carolina is the state's largest and most comprehensive institution of higher learning. Providing signi!cant support to all phases of the University are the !ve USC Foundations — the Educational Foundation, the Development Foundation, the Business Partnership Foundation, the Greater University of South Carolina Alumni Association and the Research Foundation. The goal of the Foundations is to give the University the !nancial security it needs to weather economic challenges and maintain its quality programs. "We deal with over 5,000 sub-funds for the Educational and Development Foundations alone," explained USC Foundations Director of Finance Russell Meekins when asked about the complexity of the Foundations' accounting processes. "We looked at a lot of different accounting systems to help us manage these, but Blackbaud's Financial Edge ™ !t our nonpro!t fund accounting needs the best. It handles all our sub-funds beautifully." "I especially like the transaction codes in the Project, Grant and Endowment Management module. We used to have two project numbers for every project, but we were able to cut that in half by using transaction codes. We're now able to track values that we could never track before!" — Kim Elliott, Accounting Manager USC Foundations The University of South Carolina is powered by: • Financial Edge ™ Learn More 800.443.9441 solutions@blackbaud.com www.blackbaud.com June 2016

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