Scha Foundation Inc

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

EIN: 576026361 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Scha Foundation Inc?

Scha Foundation Inc, situated in Columbia, South Carolina, is a nonprofit organization committed to enhancing health and healthcare within local communities. Their primary goal is to foster research and educational opportunities, thereby attracting resources that enable them and their affiliated hospitals to advance health and healthcare services. They help communities build coordinated networks of care for low-income, uninsured individuals by providing assistance in completing health system profiles and community-wide strategic plans for improving healthcare delivery efficiency and effectiveness. The Scha Foundation's initiatives continue to yield significant success.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars)

The Scha Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, which indicates a high level of accountability and financial health. The organization boasts an impressive 95% score in Accountability & Finance, reflecting its commitment to transparency and responsible management of resources. Key strengths include a fully independent board, rigorous financial oversight, and a strong program expense ratio of 96.35%, suggesting that the majority of funds are allocated directly to its mission.

Additionally, the Scha Foundation demonstrates effective governance through well-established policies, including conflict of interest and whistleblower protections. The charity also maintains a low liabilities to assets ratio of 6.75%, showcasing its financial stability. These factors contribute to its ability to sustain operations and support its initiatives over the long term.

While the foundation has numerous strengths, it's essential to consider that continuous monitoring and evaluation are necessary to maintain these high standards. Overall, the Scha Foundation Inc appears to be a reliable and effective nonprofit, making strides in its mission with a strong foundation of financial integrity and good governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Scha Foundation Inc legitimate?

Scha Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scha 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: $149,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,437

For more financial information, click here

What is the mission statement of Scha Foundation Inc?

The Scha Foundation Inc's mission is centered around creating research and educational opportunities, aiming to attract resources. This objective allows the foundation and its affiliated hospitals to enhance health and healthcare services within their respective communities. The foundation's activities primarily focus on improving the effectiveness and efficiency of the community's healthcare delivery system through various programs, such as assisting communities in creating coordinated networks of care for low-income, uninsured individuals. The programs under the foundation have shown significant success.

Who is the CEO of Scha Foundation Inc?

Melanie Matney is the Member of Scha Foundation Inc.

What is the revenue of Scha Foundation Inc?

Scha Foundation Inc's revenue in 2022 was $3,292,780.

Who are the executives of Scha Foundation Inc and what are their salaries?

There 7 volunteers at Scha Foundation Inc.


Here are 10 key members and their salaries:


Juana Slade (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Isaacks (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mansure (Chairman Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Gainey (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Adams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaniece Criss (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lin Hollowell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Matney (President)
  • Compensation: $123,647
  • Related: $175,153
  • Other: $39,890
Diana Zona (Executive Director)
  • Compensation: $116,947
  • Related: $0
  • Other: $18,196
Karen Reynolds (Executive Director, Innova)
  • Compensation: $112,162
  • Related: $0
  • Other: $17,861
Where can I find the form 990 for Scha Foundation Inc?

Scha Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Scha Foundation Inc

The Scha Foundation Inc is dedicated to creating research and educational opportunities, aiming to attract resources that enable the foundation and its member hospitals to enhance health and healthcare in their respective communities. By undertaking these initiatives, the Scha Foundation aims to significantly improve the well-being of individuals living in these communities.

To accomplish this mission, the Scha Foundation focuses on providing resources that enable its member hospitals to deliver better healthcare services. This involves developing targeted programs and strategies to address the unique health needs of each community. By fostering a collaborative network of care for low-income, uninsured individuals, the Scha Foundation is able to ensure that these communities have access to comprehensive and efficient healthcare services.

The foundation's work in this area has proven to be successful, with numerous programs continuing to make a positive impact. One of the key initiatives undertaken by the Scha Foundation is the provision of assistance for communities to establish a health system profile and develop a strategic plan for improving the overall effectiveness and efficiency of their healthcare delivery system. By supporting these initiatives, the Scha Foundation is able to contribute to the long-term health and well-being of individuals and families in the communities it serves.

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Impact




July, 2024

Scha Foundation Inc is dedicated to creating research and educational opportunities to improve health and healthcare in communities, particularly in South Carolina. Through initiatives like ACCESSHEALTH SC, the foundation helps build coordinated networks of care for low-income uninsured individuals. By assisting communities in developing strategic plans to enhance the effectiveness and efficiency of healthcare delivery systems, Scha Foundation Inc has been able to make a significant impact on improving health outcomes for vulnerable populations.




This information is meant to be a general summary of Scha 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.

Revenue
$3,292,780 (2022)
Expenses
$3,095,205 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $160,511
  • Program Service Revenue: $514,221
  • Gross Receipts: $3,304,331

Assets and Liabilities:

  • Total Assets: $7,662,234
  • Total Liabilities: $517,738
  • Net Assets: $7,144,496

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENU

Revenue

$514,221

Organization Details

Founding Year

1964

Principal Officer

Melanie Matney

Main Address

2000 CENTER POINT ROAD STE 2375, COLUMBIA, SC, 29210

NTEE Category

Code: E12 - Health

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