South Carolina Bar Foundation Inc
- Assets
- $13.8m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Columbia, SC
- Founding
- 06/1972
- Data as of
- 06/2022
- EIN
- 23-7181552
Organization Overview
South Carolina Bar Foundation Inc is located in Columbia, SC. The organization was established in 1972. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2022, South Carolina Bar Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Bar Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, South Carolina Bar Foundation Inc generated $7.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, South Carolina Bar Foundation Inc has awarded 198 individual grants totaling $19,086,845. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND THE ADVANCEMENT OF JUSTICE BY IMPROVING CIVIL LEGAL SERVICES, LAW- RELATED EDUCATION, AND ADMINISTRATION OF JUSTICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND AWARDS FOR LAW-RELATED EDUCATION, CIVIL LEGAL SERVICES TO INDIGENTS, IMPROVEMENTS TO ADMINISTRATION OF JUSTICE, AND LEGAL SERVICES FOR COMMUNITY REDEVELOPMENT AND FORECLOSURE PREVENTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Seiner Executive Di | Officer | 40 | $93,674 |
Lisa Cotten President-El | OfficerTrustee | 1 | $0 |
S Venus Poe President | OfficerTrustee | 3 | $0 |
John Deloache Secretary-Tr | OfficerTrustee | 1 | $0 |
Jennifer Blumenthal Immed Past P | OfficerTrustee | 1 | $0 |
Shaheena Bennett Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,177,684 |
| Noncash contributions included in lines 1a–1f | $1,479 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,177,684 |
| Total Program Service Revenue | $0 |
| Investment income | $225,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $110,329 |
| Net Income from Fundraising Events | $24,408 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,249,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,290,410 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,614 |
| Pension plan accruals and contributions | $25,557 |
| Other employee benefits | $58,750 |
| Payroll taxes | $15,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,850 |
| Fees for services: Other | $440 |
| Advertising and promotion | $6,998 |
| Office expenses | $1,132 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,794 |
| Travel | $247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,006 |
| Insurance | $7,085 |
| All other expenses | $8,779 |
| Total functional expenses | $3,743,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,583 |
| Savings and temporary cash investments | $3,098,684 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $246,616 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,426 |
| Net Land, buildings, and equipment | $7,956 |
| Investments—publicly traded securities | $10,213,869 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,847,134 |
| Accounts payable and accrued expenses | $24,089 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $216,291 |
| Total liabilities | $240,380 |
| Net assets without donor restrictions | $7,553,579 |
| Net assets with donor restrictions | $6,053,175 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,847,134 |
Grants Awarded
Over the last fiscal year, South Carolina Bar Foundation Inc has awarded $3,280,410 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Greenville, SC PURPOSE: GENERAL SUPPORT | $1,161,086 |
Columbia, SC PURPOSE: SPECIAL GRANTS | $188,752 |
North Charleston, SC PURPOSE: SPECIAL GRANTS | $187,500 |
Columbia, SC PURPOSE: GENERAL SUPPORT | $180,000 |
Columbia, SC PURPOSE: GENERAL SUPPORT | $172,741 |
Greenville, SC PURPOSE: SPECIAL GRANTS | $139,803 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that South Carolina Bar Foundation Inc has recieved totaling $72,882.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $71,382 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $1,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $500 |
Endowment Analysis
| Beg. Balance | $11,731,611 |
| Earnings | $600,393 |
| Admin Expense | $422,514 |
| Net Contributions | $4,992,714 |
| Other Expense | $5,040 |
| Grants | $3,290,410 |
| Ending Balance | $13,606,754 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Carolina Bar Foundation Inc Columbia, SC | $13,847,134 | $7,249,403 |
Irondog K9 International Inc McDonough, GA | $765,128 | $1,651,128 |
Winston Salem Police Foundation Winstonsalem, NC | $272,386 | $44,688 |
Georgia Elks Charities Inc Griffin, GA | $586,715 | $148,595 |
Change 4 Georgia Duluth, GA | $8,902 | $0 |
Gastonia Police Foundation Inc Gastonia, NC | $161,678 | $54,627 |
Kilo-9 Taylors, SC | $58,604 | $0 |
Restoring Lives Alliance Marietta, GA | $36,345 | $12,970 |
Christians Touch Inc Macon, GA | $117,476 | $0 |
Human Trafficking Rescue Inc Lexington, NC | $3,810 | $0 |