Scansource Charitable Foundation
- Assets
- $5.5m
- Revenue
- $559.3k
- Investments
- $5.3m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 57-1002959
Organization Overview
Scansource Charitable Foundation is located in Greenville, SC. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scansource Charitable 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 12/2021, Scansource Charitable Foundation generated $559.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $575.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (32.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Scansource Charitable Foundation has awarded 127 individual grants totaling $1,136,206. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Camilo Franco President | 8 | $0 | |
Joslyn Rozema Vice President | 6 | $0 | |
Jill Kremer Secretary | 4 | $0 | |
Jenica Bryant Treasurer | 4 | $0 | |
Hassie Demuth Board Member | 1 | $0 | |
Abigail Dorman Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $166,287 |
| Interest on Savings | $0 |
| Dividends & Interest | $134,272 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $258,720 |
| Capital Gain Net Income | $258,720 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $559,279 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60,273 |
| Total operating and administrative expenses | $128,323 |
| Contributions, gifts, grants paid | $446,716 |
| Total expenses and disbursements | $575,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,028 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,256,679 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,519,707 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scansource Charitable Foundation has awarded $446,716 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
MILL COMMUNITY MINISITRIES PURPOSE: COMMUNITY OUTREACH | $100,000 |
MEYER CENTER PURPOSE: EDUCATIONAL ASSISTANCE | $25,000 |
PRISMA HEALTH PURPOSE: FAMILY ASSISTANCE | $21,973 |
Anderson, SC PURPOSE: COMMUNITY OUTREACH | $19,331 |
DUNBAR CHILD DEVELOPMENT CENTER PURPOSE: EDUCATIONAL ASSISTANCE | $17,157 |
864PRIDE PURPOSE: COMMUNITY OUTREACH | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Scansource Charitable Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Glad To Be Here Foundation Inc Sun Valley, ID PURPOSE: NON RESTRICTIVE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Palmetto Goodwill North Charleston, SC | $100,114,143 | $50,949,954 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Inter-Faith Food Shuttle Raleigh, NC | $8,299,507 | $23,329,525 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |
Society Of St Vincent De Paul Georgia Inc Atlanta, GA | $8,206,515 | $23,990,110 |
Economic Improvement Council Inc Edenton, NC | $4,246,156 | $20,948,013 |
Country Club Of Landfall Wilmington, NC | $36,040,032 | $19,318,350 |