South Carolina Medical Association Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570168534 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is South Carolina Medical Association Foundation?

The South Carolina Medical Association Foundation is a dedicated nonprofit organization that promotes valuable activities in the realm of medicine, education, research, and service delivery. By fostering social and professional endeavors, the foundation supports and finances significant medical and health-related programs. Notably, they provide assistance for Patient-Centered Medical Home (PCMH) initiatives and offer grants to combat burnout within the medical field. Their mission extends beyond funding, actively involving themselves in the institution and advancement of essential medical programs.

Is South Carolina Medical Association Foundation legitimate?

South Carolina Medical Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Medical Association Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of South Carolina Medical Association Foundation?

The South Carolina Medical Association Foundation encourages valuable social and professional activities in the realm of medicine. Its mission extends beyond this, encompassing medical education, medical research, and the delivery of medical services. The foundation has been actively involved in initiating and financially supporting significant medical and health-related programs. It has also established a system for raising and distributing funds for these initiatives.

Who is the CEO of South Carolina Medical Association Foundation?

Michelle Bolin is the Cfo/Coo of South Carolina Medical Association Foundation. The CEO's salary of South Carolina Medical Association Foundation is $0 and their total compensation is $293,613.

What is the revenue of South Carolina Medical Association Foundation?

South Carolina Medical Association Foundation's revenue in 2022 was $1,075,181.

Who are the executives of South Carolina Medical Association Foundation and what are their salaries?

There 11 volunteers at South Carolina Medical Association Foundation.


Here are 13 key members and their salaries (South Carolina Medical Association Foundation's CEO's salary is $0 and their total compensation is $293,613):


Michelle C Bolin (Cfo/Coo)
  • Compensation: $0
  • Related: $286,271
  • Other: $36,188
Richele Keel Taylor (Ceo/Clo)
  • Compensation: $0
  • Related: $258,198
  • Other: $35,415
John C Ropp Iii Md (Pres7/21-4/22;Imm Past Pres5/22-6/22)
  • Compensation: $0
  • Related: $8,000
  • Other: $0
Michael T Finch Jr Md (Immediate Past President 7/21-4/22)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Henry Fritz Butehorn Iii Md (Chairman)
  • Compensation: $0
  • Related: $750
  • Other: $0
Amanda S Davis Md (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey P Cashman Do (Spkr House5/22-6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie M Putnam Md (V-Spkr House 5/22-6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley H Frierson Md (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Stockinger Md (Pres-Elect5/22-6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher A Yeakel Md Faap (Pres-Elect 7/21-4/22; Pres 5/22-6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Mayes Dubose Md (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Tim Pearce Md Facs (Sec. 5/22-6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for South Carolina Medical Association Foundation?

South Carolina Medical Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of South Carolina Medical Association Foundation

The South Carolina Medical Association Foundation is committed to fostering valuable social and professional activities in the realm of medicine. In a broader context, its mission encompasses encouraging growth in medical education, medical research, and the delivery of healthcare services. The organization has been proactive in initiating and financially supporting significant medical and health-related programs. The foundation has also established a system for raising and distributing funds for these initiatives, thereby playing a crucial role in the advancement of medical and healthcare-related fields.

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Impact




October, 2024

The South Carolina Medical Association Foundation significantly impacts the field of medicine by promoting valuable social and professional activities. Its efforts focus on enhancing medical education, advancing research, and improving service delivery within the healthcare system. By facilitating important medical and health-related programs, the foundation provides critical financial support and resources, fostering a culture of innovation and collaboration among healthcare professionals.

One of the foundation's key initiatives includes offering Patient-Centered Medical Home (PCMH) support, which helps healthcare providers implement and sustain effective patient-centered care models. Additionally, the foundation addresses physician well-being through its burnout grants, recognizing the importance of mental health in maintaining a robust healthcare workforce. Through these endeavors, the foundation plays a vital role in improving healthcare outcomes and promoting a healthier community in South Carolina.




This information is meant to be a general summary of South Carolina Medical Association Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,075,181 (2022)
Expenses
$1,296,542 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $985
  • Gross Receipts: $1,075,181

Assets and Liabilities:

  • Total Assets: $3,108,547
  • Total Liabilities: $8,825,692
  • Net Assets: -$5,717,145

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Organization Details

Founding Year

1975

Principal Officer

Michelle Bolin

Main Address

PO BOX 11188, COLUMBIA, SC, 29211

NTEE Category

Code: H03 - Medical research

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