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South Carolina Medical Association Foundation

Public charity
DBA: FOUNDATION
Other · COLUMBIA, SC · EIN 57-0168534

About

To encourage worthwhile social and professional activities in the field of medical education, medical research and medical service delivery. The foundation has been actively involved in instituting and providing financial support for important medical and health-related programs and has developed a system for raising and distributing funds for these programs.

DBA Foundation

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
12

Financial Snapshot

FY ending 2023-06-30
Revenue
$1.2M
Expenses
$954K
Assets
$3.0M
Liabilities
$8.4M

Financial history

$1.6M$784K$0
1617181920212223
RevenueExpenses
Latest FY2023: $1.2M · Peak FY2016: $1.6M · Avg: $1.3M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$200K
SOUTH CAROLINA MEDICAL ASSOCIATION FOUNDATION
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Address

132 Westpark BLVD
Columbia, SC, 29210-385

Governance

Voting board members10
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %34.2%
Permanent endowment %65.8%
Endowment held by related orgNo
Public records
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