Fairfield County School District Education Foundation
- Assets
- $235.8k
- Revenue
- $240.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Winnsboro, SC
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 38-4033238
Organization Overview
Fairfield County School District Education Foundation is located in Winnsboro, SC. The organization was established in 2018. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairfield County School District Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FAIRFIELD COUNTY SCHOOL DISTRICT EDUCATION FOUNDATION EXISTS FOR THE PURPOSE OF INCREASING OPPORTUNITIES FOR STUDENTS IN FAIRFIELD COUNTY BY PROVIDING QUALITY EDUCATION FOR THEM. THE FOUNDATION SUPPORTS EDUCATIONAL PROGRAMS FOR BOTH THE STUDENTS AND THE STAFF OF THE DISTRICT AND WILL PROVIDE OTHER SUPPORTIVE SERVICES AS THOSE NEEDS ARE IDENTIFIED. THE FOUNDATION RECEIVES CONTRIBUTIONS FROM INDIVIDUALS AND ORGANIZATIONS TO BE USED FOR THE BENEFIT OF STUDENTS ENROLLED IN FAIRFIELD COUNTY SCHOOLS AND DISTRIBUTES THESE FUNDS IN THE FORM OF SCHOLARSHIPS AND GRANTS AS SPECIFIED BY THE DONORS. THE FOUNDATION RECEIVED 22 ACRES OF UNDEVELOPED REAL PROPERTY FROM THE FAIRFIELD COUNTY SCHOOL DISTRICT TO BE DEVELOPED INTO RENTAL HOUSING FOR TEACHERS. ESTIMATED TIMEFRAME FOR THE DEVELOPMENT AND CONSTRUCTION IS 18-24 MONTHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOMINION ENERGY HAS GIVEN $10,000 IN YEARS 2019, 2020 AND 2021 TO THE FOUNDATION IN SUPPORT OF A STUDENT JOURNALISM PROJECT BASED AT FAIRFIELD CENTRAL HIGH SCHOOL. THESE FUNDS HAVE BEEN DISTRIBUTED TO THE FAIRFIELD COUNTY SCHOOL DISTRICT TO DEFRAY COSTS ASSOCIATED WITH THE PRODUCTION AND DISTRIBUTION OF THIS STUDENT PUBLICATION. AN ESTIMATED 25 STUDENTS ARE ENGAGED IN THIS PROJECT. NOTE THAT BECAUSE OF DISRUPTIONS CAUSED BY THE COVID 19 PANDEMIC IN 2020, FUNDS RECEIVED IN 2020 FROM DOMINION WERE NOT DISTRIBUTED TO THE DISTRICT UNTIL 2021.
THE FOUNDATION AWARDED SEVEN $500.00 SCHOLARSHIPS TO GRADUATING SENIORS FROM FAIRFIELD CENTRAL HIGH SCHOOL FOR THE PURPOSE OF ASSISTING THEM IN THEIR PURSUIT OF A COLLEGE DEGREE. TWO SCHOLARSHIPS WERE AWARDED IN MEMORY OF MR. KELLY CRAIG, TWO WERE AWARDED IN MEMORY OF MR SAMMY CORNELIUS AND FOUR WERE GIVEN BY THE FOUNDATION ON BEHALF OF CORPORATE DONORS.
THE FAIRFIELD CENTRAL HIGH SCHOOL CLASS OF 2021 NUMBERED 125 GRADUATES. IN RECOGNITION OF THEIR ACCOMPLISHMENTS, THE FOUNDATION HAS GIVEN EACH GRADUATE A COMMEMORATIVE TEE SHIRT AND PURCHASED OUTDOOR ADVERTISING TO INCREASE PUBLIC AWARENESS.
THE FAIRFIELD COUNTY SCHOOL DISTRICT TRANSFERRED 22 ACRES OF UNIMPROVED PROPERTY LOCATED ON US HIGHWAY 321 BYPASS SOUTH AT WINNSBORO TO THE FOUNDATION. THE PURPOSE OF THE TRANSFER IS TO FACILITATE THE DEVELOPMENT OF AND CONSTRUCTION OF RENTAL HOMES TO BE AVAILABLE TO TEACHERS AND TEACHER INTERNS WHO ARE EMPLOYED OR OTHERWISE ASSIGNED TO THE DISTRICT. THE OBJECTIVE OF THIS STRATEGY IS TO RECRUIT AND RETAIN OUTSTANDING TEACHERS FOR THE DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Susan S Rex Chairman | OfficerTrustee | 8 | $0 |
Daryl Huger Vice Chairman | OfficerTrustee | 4 | $0 |
Clem Wood Secretary | OfficerTrustee | 4 | $0 |
Robert D Drake Treasurer | OfficerTrustee | 8 | $0 |
Larry Johnson Assistant Treasurer | OfficerTrustee | 6 | $0 |
Sandra Ross Johnson Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $220,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,070 |
| Noncash contributions included in lines 1a–1f | $220,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,070 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $240,070 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $4,724 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $200 |
| Office expenses | $105 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $990 |
| All other expenses | $0 |
| Total functional expenses | $26,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,841 |
| Savings and temporary cash investments | $0 |
| 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 | $220,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $235,841 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $10,026 |
| Net assets with donor restrictions | $225,815 |
| 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 | $235,841 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fairfield County School District Education Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: FAIRFIELD POST STUDENT COMMUNITY NEWSPAPER | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |
Enable Of Georgia Inc Atlanta, GA | $1,473,747 | $7,388,233 |
Habitat For Humanity International Inc Wilmington, NC | $16,885,274 | $7,269,123 |
Atlanta Neighborhood Development Partnership Inc Atlanta, GA | $68,577,234 | $9,513,870 |
Housing Economic Reinvestment Opportunities Inc Macon, GA | $21,751,441 | $5,680,420 |
Habitat For Humanity International Inc Asheville, NC | $26,384,474 | $7,127,520 |
Habitat For Humanity International Inc Winstonsalem, NC | $12,123,144 | $5,823,081 |
Casa Raleigh, NC | $35,465,798 | $9,943,416 |
Companion Foundation Charleston, SC | $23,966,546 | $5,287,012 |
Habitat For Humanity International Inc Greenville, SC | $8,853,854 | $5,814,616 |