Bluecross Blueshield Of South Carolina Foundation
- Assets
- $340.6m
- Revenue
- $51.1m
- Investments
- $332.8m
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 22-3847938
Organization Overview
Bluecross Blueshield Of South Carolina Foundation is located in Columbia, SC. The organization was established in 2003. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Bluecross Blueshield Of South Carolina 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, Bluecross Blueshield Of South Carolina Foundation generated $51.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $15.5m during the year ending 12/2021. While expenses have increased by 14.0% 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, Bluecross Blueshield Of South Carolina Foundation has awarded 129 individual grants totaling $28,039,621. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika G Kirby Executive Director/director | 0 | $0 | |
M Edward Sellers Chairman/president/director | 0 | $0 | |
Michael J Mizeur Director | 0 | $0 | |
Lori C Hair Treasurer/director | 0 | $0 | |
Jamie I Early Secretary | 0 | $0 | |
Minor M Shaw Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000,000 |
| Interest on Savings | $5,046 |
| Dividends & Interest | $9,507,209 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,574,545 |
| Capital Gain Net Income | $27,579,919 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,086,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $514,672 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $444,438 |
| Total operating and administrative expenses | $959,110 |
| Contributions, gifts, grants paid | $14,574,647 |
| Total expenses and disbursements | $15,533,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,452,891 |
| Savings and temporary cash investments | $5,758,797 |
| Net Accounts receivable | $648,812 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $340,633,924 |
| Accounts payable and accrued expenses | $270,088 |
| 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 | $0 |
| Total liabilities | $270,088 |
Grants Awarded
Over the last fiscal year, Bluecross Blueshield Of South Carolina Foundation has awarded $14,574,647 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
SC RESEARCH FOUNDATION PURPOSE: INVESTING IN SOUTH CAROLINA CHILDREN | $1,339,398 |
SC FREE CLINIC ASSOCIATION PURPOSE: ACCESS TO CARE | $1,000,000 |
SC INFANT MENTAL HEALTH ASSOCIATION PURPOSE: INVESTING IN SOUTH CAROLINA CHILDREN | $968,987 |
SC DEPARTMENT OF MENTAL HEALTH PURPOSE: INVESTING IN SOUTH CAROLINA CHILDREN | $867,932 |
MUSC FOUNDATION PURPOSE: INVESTING IN SOUTH CAROLINA CHILDREN | $770,972 |
SC RESEARCH FOUNDATION PURPOSE: BUILDING A STRONGER HEALTH CARE WORKFORCE | $676,442 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Federation Of Greater Atlanta Inc Atlanta, GA | $335,156,066 | $46,977,032 |
United Way Of Greater Charlotte Charlotte, NC | $28,665,296 | $24,251,139 |
United Way Of The Piedmont Inc Spartanburg, SC | $4,093,923 | $15,798,807 |
Bluecross Blueshield Of South Carolina Foundation Columbia, SC | $340,633,924 | $51,086,800 |
United Way Of Forsyth County Inc Winstonsalem, NC | $7,740,159 | $13,512,937 |
United Way Of The Midlands Columbia, SC | $21,822,205 | $12,356,591 |
United Way Of The Greater Triangle Inc Durham, NC | $8,988,793 | $10,685,118 |
United Way Of Greenville County Incorporated Greenville, SC | $26,398,141 | $12,601,521 |
Heritage Classic Foundation Hilton Head Island, SC | $10,740,368 | $11,355,325 |
United Way Of The Coastal Empire Inc Savannah, GA | $26,438,024 | $9,161,083 |
United Way Of Greater Greensboro Inc Greensboro, NC | $24,991,408 | $6,519,162 |
United Way Of The Central Savannah River Area Inc Augusta, GA | $2,548,465 | $8,329,042 |