South Carolina Medical Association Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
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.
- Income
- $1.4 million
- Spending
- $1.3 million
- Spent on programs
- 95%
- Reserves
- -53.5 months of spending
- Largest source of income
- donations and private grants, 84%
- Employees
- 0
- Volunteers
- 12
- Highest pay
- $345,542, ceo, clo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 250% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 94 out of 100.
Independent board
25 of 258 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
9 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $699,545 spent. PATIENT-CENTERED MEDICAL HOME (PCMH) INITIATIVE. THE FOUNDATION HAS RECEIVED GRANT FUNDING FROM THE SOUTH CAROLINA DEPARTMENT OF HEALTH AND HUMAN SERVICES TO PROVIDE FREE EDUCATIONAL, CONSULTING, AND COACHING SERVICES TO PHYSICIAN PRACTICES SEEKING RECOGNITION FROM THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE (NCQA) AS A PCMH.
- $258,622 spent. CHARITABLE GIFT ANNUITY PLAN.
- $205,680 spent. THE FOUNDATION RECEIVED GRANT FUNDING FROM THE BCBS FOUNDATION TO ASSIST IN STARTING A GRADUATE MEDICAL EDUCATION PROGRAM FOR PHYSICIANS AT A RURAL HOSPITAL WITH THE PURPOSE OF DEVELOPING MORE PHYSICIANS TO WORK IN RURAL AREAS.
- $10,729 spent. DAODAS GRANTS
- $24,600 spent. ANNUAL AWARDS AND SCHOLARSHIPS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1977.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.