Overview
What is South Carolina United Methodist Foundation Inc?
South Carolina United Methodist Foundation Inc is a nonprofit organization situated in Columbia, South Carolina. The primary mission of this organization is to provide endowment funds for eight affiliated United Methodist institutions. By offering this financial support, they aim to contribute to the growth and sustainability of these institutions, ultimately enriching the United Methodist community as a whole. With a small team of two dedicated individuals, this foundation plays a vital role in supporting the long-term goals of these religious institutions.
Official website here: www.none
Is South Carolina United Methodist Foundation Inc legitimate?
South Carolina United Methodist Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina United Methodist Foundation Inc 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: $136,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,211
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Official website here: www.none
What is the mission statement of South Carolina United Methodist Foundation Inc?
The South Carolina United Methodist Foundation Inc's mission is centered around providing endowment for United Methodist institutions. In essence, they strive to accumulate and manage funds for the benefit of eight affiliated United Methodist educational institutions. Their role is vital in ensuring the financial sustainability and growth of these institutions, thereby contributing to their overall development and success.
Official website here: www.none
Who is the CEO of South Carolina United Methodist Foundation Inc?
The Reverend Robert M Vincent is the Director of South Carolina United Methodist Foundation Inc.
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What is the revenue of South Carolina United Methodist Foundation Inc?
South Carolina United Methodist Foundation Inc's revenue in 2022 was $2,444,617.
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Who are the executives of South Carolina United Methodist Foundation Inc and what are their salaries?
The average compensation at South Carolina United Methodist Foundation Inc during 2022 was $94,242. There are 2 employees at South Carolina United Methodist Foundation Inc.
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of South Carolina United Methodist Foundation Inc
South Carolina United Methodist Foundation Inc is committed to providing endowment for United Methodist institutions. In simpler terms, this organization serves the purpose of amassing financial resources for various affiliated institutions within the United Methodist network. By doing so, South Carolina United Methodist Foundation Inc contributes to the sustainability and growth of these institutions.
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Impact
October, 2024
South Carolina United Methodist Foundation Inc significantly impacts the community by providing essential endowments to eight United Methodist affiliated institutions. These financial resources support the sustainability and growth of various programs, enhancing educational and spiritual opportunities within the United Methodist Church in the region. By focusing on philanthropy, the Foundation plays a crucial role in ensuring that these institutions have the necessary funding to thrive and serve their communities effectively. This long-term financial support strengthens the mission and outreach of the United Methodist organizations in Columbia, SC, and beyond, fostering a legacy of service and faith.
This information is meant to be a general summary of South Carolina United Methodist Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,251,719
- Program Service Revenue: $54,251
- Gross Receipts: $2,710,547
Assets and Liabilities:
- Total Assets: $26,852,088
- Total Liabilities: $10,118,794
- Net Assets: $16,733,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$54,251
Organization Details
Founding Year
1977
Phone
(803) 771-9125Principal Officer
The Reverend Robert M Vincent
Main Address
POST OFFICE BOX 5087, COLUMBIA, SC, 292505087
Website
www.noneNTEE Category
Code: T00 - Philanthropy
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