Educational Foundation South Carolina Bankers Association

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

EIN: 576024933 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Educational Foundation South Carolina Bankers Association?

The Educational Foundation South Carolina Bankers Association, situated in Columbia, South Carolina, is a nonprofit organization primarily focused on fundraising and granting scholarships to college students. By engaging in this mission, the foundation seeks to contribute to banking education, understanding that the future of the banking sector relies on the knowledge and skills of its upcoming professionals. The foundation's activities are centered around providing financial aid, thereby supporting the higher education of students, ultimately fostering a well-informed banking workforce.

Is Educational Foundation South Carolina Bankers Association legitimate?

Educational Foundation South Carolina Bankers Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Foundation South Carolina Bankers Association 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 Educational Foundation South Carolina Bankers Association?

The Educational Foundation South Carolina Bankers Association's mission is centered around supporting banking education. They accomplish this by providing scholarships to college students. This initiative is aimed at fostering the growth of future bankers by alleviating financial burdens associated with higher education. The foundation raises funds to award these scholarships, thereby investing in the future of the banking sector.

Who is the CEO of Educational Foundation South Carolina Bankers Association?

Richards H Green is the Immediate Past Chairman of Educational Foundation South Carolina Bankers Association. The CEO's salary of Educational Foundation South Carolina Bankers Association is $0 and their total compensation is $656,108.

What is the revenue of Educational Foundation South Carolina Bankers Association?

Educational Foundation South Carolina Bankers Association's revenue in 2023 was $84,847.

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

There 5 volunteers at Educational Foundation South Carolina Bankers Association.


Here are 7 key members and their salaries (Educational Foundation South Carolina Bankers Association's CEO's salary is $0 and their total compensation is $656,108):


Kwayne Wicker (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer T Jones (First Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fleetwood S Hassell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Richard Sturm (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyd B Jones (Chairman - Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred L Green Iii (Scba President & Ceo)
  • Compensation: $0
  • Related: $597,170
  • Other: $58,938
Richards H Green (Scba Coo)
  • Compensation: $0
  • Related: $137,369
  • Other: $21,101
Where can I find the form 990 for Educational Foundation South Carolina Bankers Association?

Educational Foundation South Carolina Bankers Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Educational Foundation South Carolina Bankers Association

The Educational Foundation South Carolina Bankers Association is committed to supporting banking education by providing scholarships to college students. This nonprofit organization's mission is to raise funds and subsequently award these scholarships, thereby aiding in the academic pursuit of individuals interested in the banking sector. By providing these scholarships, the Educational Foundation South Carolina Bankers Association is investing in the future of the banking industry, ensuring a steady flow of knowledgeable and skilled professionals. This mission is instrumental in fostering a robust and innovative banking sector, ultimately benefiting the broader society.

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Impact




October, 2024

The Educational Foundation South Carolina Bankers Association significantly impacts the state by supporting banking education through scholarships. By raising funds specifically aimed at assisting college students, the foundation helps make higher education more accessible for those pursuing careers in banking and finance. This effort not only alleviates the financial burden on students but also fosters a new generation of skilled professionals in the banking sector, ultimately strengthening the industry in South Carolina. Through its commitment to education, the foundation enhances opportunities for students while contributing to the economic growth of the state.




This information is meant to be a general summary of Educational Foundation South Carolina Bankers Association. 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
$84,847 (2023)
Expenses
$73,269 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $50,806
  • Gross Receipts: $106,606

Assets and Liabilities:

  • Total Assets: $1,300,950
  • Total Liabilities: $0
  • Net Assets: $1,300,950

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Organization Details

Founding Year

1960

Principal Officer

Richards H Green

Main Address

POST OFFICE BOX 1483, COLUMBIA, SC, 29202

NTEE Category

Code: B82 - Education

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