South Carolina Christian Foundation
- Assets
- $40.4m
- Revenue
- $17.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Spartanburg, SC
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 58-2362123
Organization Overview
South Carolina Christian Foundation is located in Spartanburg, SC. The organization was established in 1998. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, South Carolina Christian Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Christian Foundation 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 12/2021, South Carolina Christian Foundation generated $17.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $7.4m during the year ending 12/2021. While expenses have increased by 16.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, South Carolina Christian Foundation has awarded 765 individual grants totaling $22,064,246. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDS TO BE USED EXCLUSIVELY IN SUPPORT OF CHRISTIAN CAUSES AND WORK IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS FOR PURPOSE OF FINANCIALLY SUPPORTING VARIOUS MINISTRIES, CHURCHES, AND QUALITY OF LIFE ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mcdonald President | Officer | 40 | $130,300 |
David Bishop Vice Chairman | OfficerTrustee | 0.5 | $0 |
Hugh H Brantley Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Robert E Caldwell Sr Chairman | OfficerTrustee | 0.5 | $0 |
Ben Hines Trustee | Trustee | 0.5 | $0 |
Mike Chibbaro Trustee | Trustee | 0.5 | $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 | $14,766,630 |
| Noncash contributions included in lines 1a–1f | $1,580,975 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,766,630 |
| Total Program Service Revenue | $0 |
| Investment income | $393,799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $733 |
| Net Gain/Loss on Asset Sales | $2,058,054 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,223,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,693,196 |
| 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. | $130,300 |
| Compensation of current officers, directors, key employees. | $22,151 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,224 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,785 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $154,177 |
| Fees for services: Other | $9,625 |
| Advertising and promotion | $45,685 |
| Office expenses | $15,722 |
| Information technology | $29,096 |
| Royalties | $0 |
| Occupancy | $11,176 |
| Travel | $13,032 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,959 |
| All other expenses | $2,917 |
| Total functional expenses | $7,356,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,422 |
| Savings and temporary cash investments | $9,659,932 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $30,102,324 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $600,000 |
| Total assets | $40,412,678 |
| Accounts payable and accrued expenses | $3,378 |
| 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 | $348,195 |
| Total liabilities | $351,573 |
| Net assets without donor restrictions | $40,061,105 |
| Net assets with donor restrictions | $0 |
| 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 | $40,412,678 |
Grants Awarded
Over the last fiscal year, South Carolina Christian Foundation has awarded $6,415,960 in support to 197 organizations.
| Grant Recipient | Amount |
|---|---|
Spartanburg, SC PURPOSE: GENERAL SUPPORT | $589,706 |
Rock Hill, SC PURPOSE: GENERAL SUPPORT | $294,500 |
Greenville, SC PURPOSE: GENERAL SUPPORT | $254,378 |
Tigerville, SC PURPOSE: GENERAL SUPPORT | $219,875 |
Spartanburg, SC PURPOSE: GENERAL SUPPORT | $182,760 |
Clemson, SC PURPOSE: GENERAL SUPPORT | $146,400 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that South Carolina Christian Foundation has recieved totaling $2,389,441.
| Awarding Organization | Amount |
|---|---|
Waccamaw Community Foundation Inc Murrells Inlet, SC PURPOSE: GRANTS TO SUPPORT ORGANIZATION FUNDS | $2,040,316 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $220,555 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $78,560 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $41,610 |
The Wallace F Pate Sr Fellow Man Foundation Georgetown, SC PURPOSE: ANNUAL FUNDING | $8,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
South Carolina Christian Foundation Spartanburg, SC | $40,412,678 | $17,223,785 |
Cabarrus Cooperative Christian Ministry Inc Concord, NC | $3,832,033 | $7,565,999 |
Providence Ministries Inc Dalton, GA | $6,212,621 | $7,183,854 |
Clover Garden School Inc Burlington, NC | $26,998,192 | $6,754,546 |
Marc Group Inc Emp Ben Pl Hendersonville, NC | $202,500 | $5,540,252 |