Kershaw County Public Schools Foundation

Organization Overview

Kershaw County Public Schools Foundation is located in Camden, SC. The organization was established in 2009. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kershaw County Public Schools 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 06/2021, Kershaw County Public Schools Foundation generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACQUIRE, CONSTRUCT, FINANCE, PLEDGE, IMPROVE, MAINTAIN, OPERATE, MANAGE, LEASE, AND DISPOSE OF SCHOOL BUILDINGS AND OTHER PUBLIC EDUCATION FACILITIES FOR THE USE AND BENEFIT OF KERSHAW COUNTY SCHOOL DISTRICT AND TO ENCOURAGE AND PROMOTE PUBLIC EDUCATION THROUGH COOPERATIVE ARRANGEMENTS WITH GOVERNMENTAL ENTITIES AND ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) THAT PROVIDE PUBLIC EDUCATION IN KERSHAW COUNTY, SC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTALLMENT PURCHASE REVENUE BONDS AND INSTALLMENT PURCHASE REFUNDING REVENUE BONDS WERE ISSUED BY THE FOUNDATION AND WERE USED FOR THE ACQUISITION AND CONSTRUCTION OF MAJOR CAPITAL FACILITIES THAT ARE BEING LEASED BACK TO THE SCHOOL DISTRICT OF KERSHAW COUNTY, SC.


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Board, Officers & Key Employees

Name (title)Compensation
George Gibson
Vice Preside
$0
Austin Sheheen
President
$0
Erin Boyce
CFO - Kcsd
$0
Donnie Wilson
Cfo-Kcsd
$0
Gene Branham
Director
$0
Karen Eckford
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,406,320
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,406,320
Total Program Service Revenue$0
Investment income $161
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 $3,406,481

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