Scha Foundation Inc
- Assets
- $7.7m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 04/1965
- Data as of
- 12/2022
- EIN
- 57-6026361
Organization Overview
Scha Foundation Inc is located in Columbia, SC. The organization was established in 1965. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Scha Foundation Inc 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 12/2022, Scha Foundation Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Scha Foundation Inc has awarded 26 individual grants totaling $2,397,365. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE RESEARCH AND EDUCATIONAL OPPORTUNITIES AND ATTRACT RESOURCES THAT ALLOW SCHA AND ITS MEMBER HOSPITALS TO IMPROVE HEALTH AND HEALTH CARE IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCESSHEALTH SC HELPS SOUTH CAROLINA COMMUNITIES BUILD COORDINATED NETWORKS OF CARE FOR LOW INCOME UNINSURED PEOPLE. THE PROGRAM PROVIDES ASSISTANCE FOR COMMUNITIES TO COMPLETE A HEALTH SYSTEM PROFILE AND COMMUNITY-WIDE STRATEGIC PLAN FOR IMPROVING THE EFFECTIVENESS AND EFFICIENCY OF THE COMMUNITY'S HEALTHCARE DELIVERY SYSTEM.ALL PROGRAMS CONTINUE WITH TREMENDOUS SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juana Slade Member | Trustee | 1 | $0 |
Scott Isaacks Member | Trustee | 1 | $0 |
John Mansure Chairman Of Board | OfficerTrustee | 1 | $0 |
Rachel Gainey Treasurer/secretary | OfficerTrustee | 1 | $0 |
Graham Adams Member | Trustee | 1 | $0 |
Shaniece Criss Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gray Digital Group Web Design And Communication | 12/30/16 | $195,074 |
Adams Medical Consulting Medical Saftey Consulting | 12/30/16 | $106,600 |
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 | $2,618,048 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,618,048 |
| Total Program Service Revenue | $514,221 |
| Investment income | $172,062 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,551 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,292,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $382,880 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,400 |
| Compensation of current officers, directors, key employees. | $74,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $593,437 |
| Pension plan accruals and contributions | $8,739 |
| Other employee benefits | $161,264 |
| Payroll taxes | $76,328 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,179 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,019,116 |
| Advertising and promotion | $9,750 |
| Office expenses | $238,587 |
| Information technology | $3,051 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,542 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,602 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,095,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,325,310 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $137,038 |
| 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 | $5,199,886 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,662,234 |
| Accounts payable and accrued expenses | $258,916 |
| 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 | $258,822 |
| Total liabilities | $517,738 |
| Net assets without donor restrictions | $3,185,109 |
| Net assets with donor restrictions | $3,959,387 |
| 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 | $7,662,234 |
Grants Awarded
Over the last fiscal year, Scha Foundation Inc has awarded $15,360 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCHA PURPOSE: AV UPGRADES AND ANNUAL MEETING SPEAKER | $8,860 |
SAINT MARK UNITED METHODIST CHURCH PURPOSE: HEALTHCARE-RELATED VIDEO PRODUCTION ASSISTANCE | $6,500 |