The University of South Carolina system raised a record $357.6 million in private support during fiscal year 2026 — the most in its history, shattering the previous fundraising record of $259.7 million, set just one year earlier, by nearly $100 million.
In addition, nearly 48,600 individual donors gave to the university this year, including more than 16,000 who were supporting USC for the first time. This demonstrated an unprecedented level of participation from alumni, families and friends who believe in Carolina.
This momentum was on full display during Give 4 Garnet, the university’s annual day of giving, when more than 7,200 donors came together to support scholarships, academic programs, athletics, student organizations and initiatives across every USC campus. The day highlighted the breadth of philanthropy across USC and the many ways donors are investing in its future.
“This historic year reflects great confidence in the mission of the University of South Carolina,” USC President Michael Amiridis said. “Our alumni, friends and partners are investing in the people, ideas and discoveries that will shape USC’s future. Their generosity is expanding opportunity, accelerating innovation and strengthening our impact across South Carolina and beyond.”
A highlight of the university’s record-breaking year came in May, when a $30 million gift named the Kay and C. Edward Floyd, M.D. School of Medicine — a milestone for health sciences at USC. A separate $22 million anonymous gift to the medical school will strengthen research, scholarships and hands-on clinical training.
Among the year's largest commitments was a $25 million gift from the Robert and Janice McNair Foundation, extending one of the most enduring philanthropic partnerships in the university's history. Robert C. McNair, a 1958 USC graduate and founder of the Houston Texans, and his wife, Janice, established the McNair Scholars program in 1998, drawing many of the nation's most accomplished students to the South Carolina Honors College.
The gift carries added significance this year. Janice McNair passed away in July at age 89. Together, she and Bob gave more than half a billion dollars during their lifetimes to causes they believed in and left an enduring legacy of generosity at Carolina that will continue to shape generations of scholars and leaders.
Donor support remained strong across every area of the university during fiscal year 2026. The university secured approximately $129 million for academic support and $81 million in athletics donations, supporting scholarships to student-athletes and program enhancements across all Gamecock sports. In addition, $147 million was raised for Williams-Brice Reimagined, a transformational stadium renovation initiative to enhance the fan environment, expand premium seating opportunities and strengthen resources for student-athletes.
Transformational impact across colleges and campuses
FY26 brought landmark gifts to units across the university. Highlights include:
- The College of Hospitality, Retail and Sport Management named the new David and Nicole Tepper Department of Sport and Entertainment Management.
- USC Beaufort named the Jonathan Green Maritime Cultural Center, celebrating the Lowcountry's rich cultural heritage.
- The Molinaroli College of Engineering and Computing received a $7 million planned gift to support future engineers and computer scientists.
- The School of Music secured one of the largest gifts in its history to endow a chair in Baroque and early music.
- The College of Pharmacy received $2.5 million to advance pediatric oncology research.
Investing in students and the future
At its core, this year's giving came back to students — opening doors, easing the cost of a degree and expanding what's possible at Carolina:
- More than $80 million directed to student aid and scholarships, expanding access and affordability for students across the state
- 108 gifts of $1 million or more — among the most in a single year in university history
- Nearly $50 million in planned gifts, securing a lasting foundation for generations of future students
“This year proved what’s possible when thousands of people rally behind a shared vision for Carolina,” USC’s Vice President for Development Michelle Dodenhoff said. “From first-time donors to transformational philanthropists, every gift moved the university forward. That collective generosity is strengthening every college, every campus and every student we serve. People want to be part of what’s happening at Carolina — and that momentum is only growing.”