Regional Medical Center Foundation
- Assets
- $1.9m
- Revenue
- $272.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Orangeburg, SC
- Founding
- 03/1990
- Data as of
- 09/2021
- EIN
- 57-0856299
Organization Overview
Regional Medical Center Foundation is located in Orangeburg, SC. The organization was established in 1990. 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. Regional Medical Center 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 09/2021, Regional Medical Center Foundation generated $272.2k 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 (6.7%) each year. All expenses for the organization totaled $414.6k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION IS TO ACT AS A CATALYST IN PROMOTING THE REGIONAL MEDICAL CENTER THROUGH CHARITABLE GIFTS, EDUCATION AND POSITIVE PUBLIC RELATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RAISED MONEY IN SUPPORT OF THE REGIONAL MEDICAL CENTER OF ORANGEBURG AND CALHOUN COUNTIES PROVIDING QUALITY MEDICAL CARE TO MEMBERS OF THE COMMUNITY.1. RAISED MONEY IN SUPPORT OF THE REGIONAL MEDICAL CENTER OF ORANGEBURG AND CALHOUN COUNTIES PROVIDING QUALITY MEDICAL CARE TO MEMBERS OF THE COMMUNITY. 2. PROVIDED OVER $86,046 IN ASSISTANCE FOR PATIENTS AND MEMBERS OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Williams Chairman | OfficerTrustee | 2 | $0 |
Dr Tracy Macpherson Vice Chair | OfficerTrustee | 2 | $0 |
Allen Fairey Treasurer | OfficerTrustee | 2 | $0 |
Rebekkah Brailsford Secretary | OfficerTrustee | 2 | $0 |
Margaret Frierson Executive Director | Officer | 37 | $0 |
Shane Burroughs Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $28,763 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,813 |
| Total Program Service Revenue | $0 |
| Investment income | $27,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,933 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $272,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $145,574 |
| Grants and other assistance to domestic individuals. | $86,046 |
| 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 | $9,142 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,800 |
| Office expenses | $6,475 |
| 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 | $4,215 |
| All other expenses | $160,337 |
| Total functional expenses | $414,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $618,793 |
| Savings and temporary cash investments | $1,285,522 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,904,315 |
| 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 | $162,259 |
| Net assets with donor restrictions | $1,742,056 |
| 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 | $1,904,315 |
Grants Awarded
Over the last fiscal year, Regional Medical Center Foundation has awarded $1,238,892 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Orangeburg, SC PURPOSE: CAPITAL CAMPAIGN PLEDGE | $1,221,392 |
RMC BREASTS HEALTH CENTER PURPOSE: SUSAN G. KOMEN GRANT FOR PATIENT NEEDS | $17,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Regional Medical Center Foundation has recieved totaling $2,425.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $525 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $525 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $525 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $500 |
Pya Foundation Fka Pershing Yoakley And Associates Foundation Knoxville, TN PURPOSE: GENERAL SUPPORT | $350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Intrahealth International Inc Chapel Hill, NC | $25,698,138 | $95,131,742 |
Moses Cone Medical Services Inc Greensboro, NC | $66,450,127 | $85,429,043 |
Carolina Medicorp Enterprises Llc Winston Salem, NC | $11,898,708 | $46,315,888 |
North Carolina Agricultural Foundation Inc Raleigh, NC | $248,209,354 | $30,308,869 |
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 |