South Carolina Bar Foundation Inc
- Assets
- $19.6m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Columbia, SC
- Founding
- 06/1972
- Data as of
- 06/2023
- 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 06/2023, 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 06/2023, South Carolina Bar Foundation Inc generated $7.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, South Carolina Bar Foundation Inc has awarded 255 individual grants totaling $23,621,394. 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
2023
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 |
|---|---|---|---|
Lisa Cotten President | OfficerTrustee | 1 | $0 |
John Deloache President El | OfficerTrustee | 1 | $0 |
Thomas P Gressette Jr Secretary-Tr | OfficerTrustee | 1 | $0 |
S Venus Poe Immed Past P | OfficerTrustee | 1 | $0 |
Cherie Barton Director | Trustee | 1 | $0 |
Ryan Beasley 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 | $7,335,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,335,094 |
| Total Program Service Revenue | $0 |
| Investment income | $336,269 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,042 |
| Net Income from Fundraising Events | $25,897 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,760,512 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,612,482 |
| 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. | $111,650 |
| Compensation of current officers, directors, key employees. | $27,912 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,377 |
| Pension plan accruals and contributions | $26,654 |
| Other employee benefits | $62,736 |
| Payroll taxes | $15,724 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $69,895 |
| Fees for services: Other | $440 |
| Advertising and promotion | $4,329 |
| Office expenses | $5,096 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,794 |
| Travel | $264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $682 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,356 |
| Insurance | $7,132 |
| All other expenses | $5,006 |
| Total functional expenses | $3,081,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,908,953 |
| Savings and temporary cash investments | $2,369,258 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $839,057 |
| 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 | $13,518 |
| Net Land, buildings, and equipment | $14,153 |
| Investments—publicly traded securities | $14,400,740 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,668 |
| Total assets | $19,584,347 |
| Accounts payable and accrued expenses | $13,029 |
| 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 | $278,240 |
| Total liabilities | $291,269 |
| Net assets without donor restrictions | $13,258,669 |
| Net assets with donor restrictions | $6,034,409 |
| 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 | $19,584,347 |
Grants Awarded
Over the last fiscal year, South Carolina Bar Foundation Inc has awarded $2,587,482 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES OFFICE OFIMMIGRATION SERVICES PURPOSE: GENERAL SUPPORT | $50,000 |
ANTIOCH EDUCATIONAL CENTER PURPOSE: GENERAL SUPPORT | $60,000 |
CENTER FOR HEIRS PROPERTYPRESERVATION PURPOSE: GENERAL SUPPORT | $75,000 |
CHARLESTON LEGAL ACCESS PURPOSE: GENERAL SUPPORT | $65,030 |
CHARLESTON PRO BONO LEGAL SERVICES PURPOSE: GENERAL SUPPORT | $75,000 |
DISABILITY RIGHTS SC PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Carolina Bar Foundation Inc Columbia, SC | $19,584,347 | $7,760,512 |
Irondog K9 International Inc McDonough, GA | $779,745 | $1,199,914 |
Winston Salem Police Foundation Winstonsalem, NC | $313,145 | $263,024 |
Isle Of Palms Run And Walk For The Child Inc Isle Of Palms, SC | $7,313 | $0 |
Christians Touch Inc Macon, GA | $201,398 | $0 |
Change 4 Georgia Duluth, GA | $28,606 | $95,560 |
Georgia Elks Charities Inc Griffin, GA | $586,715 | $148,595 |
Gastonia Police Foundation Inc Gastonia, NC | $179,600 | $76,740 |
Human Trafficking Rescue Inc Lexington, NC | $4,496 | $0 |
Kilo-9 Taylors, SC | $58,604 | $0 |
Athens-Clarke Police Foundation Inc Athens, GA | $317,942 | $335,471 |
Jason Raynor Foundation Charlestown, SC | $27,794 | $0 |
Low Country Retired Law Enforcement Officers Association Inc Okatie, SC | $6,175 | $0 |
Paralegal Squad Fund Inc Gastonia, NC | $0 | $0 |