Each qualifying college or university will provide donors with an incentive in the form of matching state gifts on disbursements from earnings on certain endowments, donations, or gifts if these monies are used for the purposes specified in Section 59-118-50.
Matching state gifts on qualified disbursements
S.C. Code Ann. § 59-118-40, under Title 59, Chapter 118.
S.C. Code Ann. § 59-118-40