Tuomey Foundation

Organization Overview

Tuomey Foundation is located in Sumter, SC. The organization was established in 1996. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Tuomey 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, Tuomey Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $868.9k during the year ending 09/2021. While expenses have increased by 4.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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

SUPPORT & ADVANCE THE ACTIVITIES, PURPOSES, & OBJECTIVES OF PRISMA HEALTH TUOMEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Jeffery H Faw
Executive Director
$213,200
Roy Creech
Chair
$0
Dr Mark Crabbe
Secretary
$0
Ben Griffith
Vice Chair
$0
John Brabham
Board Member
$0
Roy Flynn
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$198,607
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$633,119
Noncash contributions included in lines 1a–1f $50,403
Total Revenue from Contributions, Gifts, Grants & Similar$831,726
Total Program Service Revenue$0
Investment income $2,439,316
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $39,290
Net Gain/Loss on Asset Sales $10,240
Net Income from Fundraising Events $47,286
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,367,858

Grants Awarded

Over the last fiscal year, Tuomey Foundation has awarded $488,679 in support to 2 organizations.

Grant RecipientAmount

PRISMA HEALTH TUOMEY

Org PageRecipient Profile

Sumter, SC

PURPOSE: OPERATIONAL SUPPORT

$438,679

PRISMA HEALTH MIDLANDS FOUNDATION

Org PageRecipient Profile

Columbia, SC

PURPOSE: OPERATIONAL SUPPORT

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Tuomey Foundation has recieved totaling $1,600.

Awarding OrganizationAmount
$1,600
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$29,387,085
Earnings$6,902,201
Net Contributions$831,726
Other Expense$121,614
Grants$747,257
Ending Balance$36,252,141

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