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.
Form
990
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffery H Faw Executive Director | Officer | 20 | $213,200 |
Roy Creech Chair | OfficerTrustee | 4 | $0 |
Dr Mark Crabbe Secretary | OfficerTrustee | 4 | $0 |
Ben Griffith Vice Chair | OfficerTrustee | 4 | $0 |
John Brabham Board Member | Trustee | 4 | $0 |
Roy Flynn Board Member | Trustee | 4 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $732,257 |
Grants and other assistance to domestic individuals. | $15,000 |
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 | $115,663 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $485 |
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 | $0 |
All other expenses | $5,466 |
Total functional expenses | $868,871 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $25,917,590 |
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 | $951,204 |
Investments—publicly traded securities | $9,490,912 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $102,139 |
Total assets | $36,461,845 |
Accounts payable and accrued expenses | $0 |
Grants payable | $162,418 |
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 | $162,418 |
Net assets without donor restrictions | $30,794,638 |
Net assets with donor restrictions | $5,504,789 |
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 | $36,461,845 |
Over the last fiscal year, Tuomey Foundation has awarded $488,679 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Sumter, SC PURPOSE: OPERATIONAL SUPPORT | $438,679 |
Columbia, SC PURPOSE: OPERATIONAL SUPPORT | $50,000 |
Over the last fiscal year, we have identified 1 grants that Tuomey Foundation has recieved totaling $1,600.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $1,600 |
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 |
Organization Name | Assets | Revenue |
---|---|---|
Georgetown Hospital System Georgetown, SC | $75,419,606 | $78,168,035 |
Community Care Of North Carolina Inc Cary, NC | $40,141,694 | $99,043,731 |
Foundation Health Systems Corp Winston Salem, NC | $284,421,963 | $92,305,767 |
Childrens Healthcare Of Atlanta Inc Atlanta, GA | $8,642,131,252 | $273,611,530 |
Phoebe Putney Health Systems Inc Albany, GA | $658,120,525 | $73,745,193 |
Wakemed Raleigh, NC | $319,222,964 | $30,125,616 |
North Carolina Community Health Center Association Raleigh, NC | $3,052,612 | $26,747,196 |
Associated Health Services Inc Durham, NC | $37,513,623 | $28,247,702 |
Southeast Regional Primary Care Corporation Vidalia, GA | $284,890 | $12,032,928 |
Greene County Health Care Incorporated Snow Hill, NC | $16,532,428 | $23,396,721 |
Hamilton Health Care System Inc Dalton, GA | $145,238,251 | $25,063,501 |
Carolina Healthcare Associates Inc Wilmington, NC | $39,295,551 | $17,817,277 |