Sffc Foundation Inc
- Assets
- $7.3m
- Revenue
- $2.0m
- Investments
- $2.9m
- Employees
- 0
- Location
- Hendersonville, TN
- Founding
- 02/2007
- Data as of
- 12/2022
- EIN
- 20-5964342
Organization Overview
Sffc Foundation Inc is located in Hendersonville, TN. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sffc 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 12/2022, Sffc Foundation Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 4 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 2020, Sffc Foundation Inc has awarded 138 individual grants totaling $2,553,459. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHERN ADVENTIST UNIVERSITY MANAGES THE ASSIST AND PFE PROGRAMS, WHICH PAIRS HIGH SCHOOL AND ELEMENTARY SCHOOL STUDENTS WITH THE ELDERLY FOR TUITION ASSISTANCE TO HELP PAY THE TUITION COSTS IN PRIVATE SCHOOLS. 2020 SCHOOL YEAR SAW OVER 200 SCHOOL PARTICIPATING, WITH OVER 2,000 STUDENTS RECEIVING SCHOLARSHIP FUNDS.
IT IS WRITTEN IS A MEDIA EVANGELISM MINISTRY SHARING THE EVERLASTING GOSPEL WORLDWIDE. IT IS WRITTEN IS IMPACTING LVIES FOR CHRIST THROUGH SATELLITE, WEBSITES, FAITH SHARING RESOURCES, ETC. OUR FUNDING IN 2020 WAS FOR THE "TAKE CHARGE OF YOUR HEALTH" PROGRAM. THIS PROGRAM IS DESIGNED TO GIVE PEOPLE GUILDLINES FOR IMPROVING THIER IMMUNE SYSTEM, PREVENTING DISEASE AND STAYING HEALTHY.THE PROGRAM WILL TIE PHYICAL GUIDELINES WITH SPIRTUAL DIRECTION.
COLLEGEDALE ACADEMY IS A PRIVATE CHRISTIAN K-12 SCHOOL LOCATED JUST OUTSIDE OF CHATTANOOGA, TN. IT IS A SEVENTH-DAY AVENTIST SCHOOL ESTABLISHED TO EDUCATE, EWUIP AND INSPIRE STUDENTS TO BE CRITICAL THINKERS WHO SERVE OTHERS AND REFLECT CHRIST'S CHARACTER. IN 2020 WE TOOK OVER THE PFE GRANT. THE PFE GRANT PAIRED ELEMENTARY AND HIGH SCHOOL STUDENTS WITH ELDERLY IN THEIR COMMUNITY FOR TUITION ASSISTANCE TO HELP PAY FOR THE COSTS IN PRIVATE SCHOOLS. THE PFE PROGRAM AT COLLEGEDALE IN 2020 INCLUDED 56 STUDENTS.
SHENANDOAH VALLEY ACADEMY IS A PRIVATE CHRISTIAN HIGH SCHOOL LOCATED IN NEW MARKET, VA. IT EXISTS TO PROVIDE A DISTINCTLY SEVENTH-DAY ADVENTIST COLLEGE PREPARATORY PROGRAM THROUGH EXPERIENCES TO PRODUCE DISCIPLES OF JESUS WHO ARE COMPASSIONATE CITIZENS PREPARED FOR COLLEGE AND CAREERS. IN 2020 WE TOOK OVER THE PFE GRANT. THE PFE FRANT PAIRED ELEMENTARY AND HIGH SCHOOL STUDENTS WITH ELDERLY IN THEIR COMMUNITY FOR TUITION ASSISTANCE TO HELP PAY THE COSTS IN PRIVATE SCHOOLS. THE PFE PROGRAM AT SHENANDOAH IN 2020 INCLUDED 37 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Fields Director | 5 | $0 | |
Kelly Jackson Executive Dir. | 40 | $0 | |
Peter Kroll Vice President | 1.75 | $0 | |
Rebecca Knoll Lawrence Director | 1 | $0 | |
John Boskind Director | 0.38 | $0 | |
Teresa Kelchner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,850,421 |
| Interest on Savings | $21,019 |
| Dividends & Interest | $54,327 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$504,733 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$398,974 |
| Total Revenue | $2,022,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $111,743 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,962 |
| Depreciation | $5,783 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,292 |
| Printing and publications | $0 |
| Other expenses | $255,059 |
| Total operating and administrative expenses | $393,339 |
| Contributions, gifts, grants paid | $876,690 |
| Total expenses and disbursements | $1,270,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,408,310 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,728 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $47,861 |
| Other assets | $0 |
| Total assets | $7,325,813 |
| Accounts payable and accrued expenses | $1,634 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $961 |
| Total liabilities | $2,595 |
Grants Awarded
Over the last fiscal year, Sffc Foundation Inc has awarded $876,690 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
GRAYS HARBOR CHRISTIAN SCHOOL PURPOSE: FUNDS GIVEN TO ACADEMY WERE USED FOR INDIVIDUALS/FAMILIES WITH HOUSING AND SELF-SUSTAINABILITY HARDSHIPS. | $8,240 |
MOBILE JR ACADEMY PURPOSE: FUNDS GIVEN TO ACADEMY WERE USED FOR INDIVIDUALS/FAMILIES WITH HOUSING AND SELF-SUSTAINABILITY HARDSHIPS. | $5,940 |
ANDREWS ACADEMY PURPOSE: 9-12 FALL 2020 SCHOLARSHIP | $29,120 |
CALEXICO MISSION SCHOOL PURPOSE: MONTHLY PFE DONATION AND FALL SCHOLARSHIPS | $18,718 |
COLLEGEDALE ACADEMY PURPOSE: MONTHLY PFE DONATIONS AND FALL SCHOLARHSIPS | $49,175 |
GREENEVILLE ADVENTIST ACADEMY PURPOSE: MONTHLY DONATIONS AND FALL SCHOLARSHIPS GRADES 9-12 | $26,803 |