Self Regional Healthcare Foundation
- Assets
- $6.8m
- Revenue
- $2.2m
- Investments
- $209.6k
- Employees
- 0
- Location
- Greenwood, SC
- Founding
- 04/1985
- Data as of
- 09/2022
- EIN
- 57-0792372
Organization Overview
Self Regional Healthcare Foundation is located in Greenwood, SC. The organization was established in 1985. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Self Regional Healthcare 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 09/2022, Self Regional Healthcare Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.8m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE, HOLD, INVEST, OR ARRANGE FOR INVESTING AND TO ACQUIRE BY GIFT, DEVISE, BEQUEST, PURCHASE OR OTHERWISE AND USE PROPERTY OF ANY KIND AND FUNDS EXCLUSIVELY FOR THE BENEFIT OF SELF REGIONAL HEALTHCARE (FORMERLY SELF MEMORIAL HOSPITAL) AND ANY OTHER PUBLICLY SUPPORTED HOSPITAL IN THE STATE OF SOUTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SELF REGIONAL HEALTHCARE FOUNDATION SERVES AS A CONDUIT FOR GIFTS AND OUTREACH ON BEHALF OF SELF REGIONAL HEALTHCARE. THESE GIFTS HELP ADDRESS THE CURRENT NEEDS OF THE HOSPITAL SUCH AS EQUIPMENT AND PROGRAMMING. THESE RESOURCES ENABLE SELF REGIONAL HEALTHCARE TO PROVIDE THE PEOPLE OF THE LAKELANDS REGION WITH THE FINEST HEALTHCARE AVAILABLE NOW AND IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Matthew Logan President & | Officer | 2 | $0 |
Kenneth Coffey II Executive Di | Officer | 40 | $0 |
Mark Askew Board Member | Trustee | 1 | $0 |
Hunter Bell Secretary | Trustee | 1 | $0 |
Chris Clem Treasurer | Trustee | 1 | $0 |
John W Cooper Vice Chair | 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 | $1,448,736 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,448,736 |
| Total Program Service Revenue | $0 |
| Investment income | $81,859 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $84,000 |
| Net Gain/Loss on Asset Sales | $78,232 |
| Net Income from Fundraising Events | $550,608 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,243,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,223,165 |
| Grants and other assistance to domestic individuals. | $41,821 |
| 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 | $105,681 |
| 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 | $17,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,960 |
| Fees for services: Other | $17,325 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,525 |
| 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 | $17,152 |
| Insurance | $2,543 |
| All other expenses | $28,066 |
| Total functional expenses | $1,786,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,477 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,506,862 |
| 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 | $512,491 |
| Investments—publicly traded securities | $3,840,335 |
| Investments—other securities | $209,551 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $324,076 |
| Total assets | $6,778,792 |
| Accounts payable and accrued expenses | $28,978 |
| 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 | $13,653 |
| Total liabilities | $42,631 |
| Net assets without donor restrictions | $2,199,464 |
| Net assets with donor restrictions | $4,536,697 |
| 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 | $6,778,792 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Self Regional Healthcare Foundation has recieved totaling $52,500.
| Awarding Organization | Amount |
|---|---|
Barnabus Fund Greenwood, SC PURPOSE: EDUCATIONAL PURPOSES | $50,000 |
Julia Porter Scurry Family Foundation Greenwood, SC PURPOSE: TO BENEFIT CHARITABLE CAUSES | $2,500 |
Endowment Analysis
| Beg. Balance | $679,357 |
| Earnings | -$159,037 |
| Ending Balance | $520,320 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Trustees Of Medical Services Of Am Inc Empl Health Ben Plan 6 Tr Lexington, SC | $5,490 | $14,210,986 |
Rowan Regional Medical Center Foundation Inc Winston Salem, NC | $63,491,170 | $11,479,503 |
Medical Society Of S C Charleston, SC | $641,115,218 | $16,899,363 |
Forsyth Medical Center Foundation Winston Salem, NC | $87,707,112 | $11,824,054 |
Foundation Of Firsthealth Inc Pinehurst, NC | $97,006,378 | $9,255,156 |
Conway Hospital Emergency Professional Services Conway, SC | $693,381 | $5,206,730 |
Moses Cone-Wesley Long Community Health Foundation Inc Greensboro, NC | $128,321,235 | $23,346,538 |
Gwinnett Hospital System Foundation Inc Lawrenceville, GA | $16,671,809 | $3,369,324 |
Cem Health And Welfare Benefit Trust Matthews, NC | $250,139 | $4,240,274 |
Musc Health Partners Charleston, SC | $1,610,302 | $4,424,727 |