Spartanburg Community College Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO DEVELOP AND ADMINISTER PROGRAMS ORGANIZED EXCLUSIVELY TO RECEIVE AND HOLD BY BEQUEST, GIFT, OR PURCHASE ANY PROPERTY AND TO MANAGE, INVEST, AND USE THE PROPERTY FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES FOR THE ADVANCEMENT OF SPARTANBURG COMMUNITY COLLEGE.
- Income
- $1.7 million
- Spending
- $2.3 million
- Spent on programs
- 92%
- Reserves
- 13.3 months of spending
- Largest source of income
- donations and private grants, 71%
- Employees
- 1
- Volunteers
- 25
- Highest pay
- $308,888, ex-officio/n
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
Good: 85 out of 100. Higher than 71% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 13.3 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
0 of 15Spending exceeded income by 34% of income.
Income trend
15 of 15Income rose 58% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 1 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
Good: 80 out of 100. Higher than 38% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
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 (3)
- $151,976 spent. PROVIDE ASSISTANCE TO SPARTANBURG COMMUNITY COLLEGE BY ENABLING FACILITIES IN CHEROKEE COUNTY, SPARTANBURG COUNTY, AND UNION COUNTY TO FURTHER THEIR MISSION OF ACHIEVING EDUCATIONAL EXCELLENCE THAT CONTRIBUTES TO A VIBRANT LOCAL ECONOMY.
- $940,104 spent. PROVIDE ASSISTANCE TO SPARTANBURG COMMUNITY COLLEGE, A COMPREHENSIVE PUBLIC TWO-YEAR COMMUNITY COLLEGE, IN THE FORM OF EQUIPMENT, SUPPLIES, AND MATERIALS, THAT HELP THE FACULTY AND THE COLLEGE ACHIEVE EDUCATIONAL EXCELLENCE THAT CONTRIBUTES TO A VIBRANT LOCAL ECONOMY.
- $1.0 million spent. SPARTANBURG COMMUNITY COLLEGE FOUNDATION PROMOTES THE COLLEGE'S STRATEGIC PLANS FOR DISTINCTIVE GROWTH AND DEVELOPMENT BY ASSISTING DESERVING STUDENTS WITH SCHOLARSHIPS BASED ON SPECIFIED CRITERIA INCLUDING ACADEMIC STANDING, NEED, SERVICE TO THE COMMUNITY,LEADERSHIP, AND AREA OF STUDY. THE FOUNDATION HAS ESTABLISHED A TEMPORARILY RESTRICTED ACCOUNT FOR BMW SCHORLARSHIPS, THE FUNDING OF WHICH WAS RECEIVED FROM A STATE OF SOUTH CAROLINA GRANT FOR BMW SCHOLAR SCHOLARSHIPS, TO ADVANCE TECHNICAL CAREERS AS PARTICIPANTS IN THE BMW SCHOLARS PROGRAM MANAGED BY THE FOUNDATION AND DISBURSED THROUGH THE SPARTANBURG COUNTY FOUNDATION.
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 November 6, 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 September 1983.
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 November 4, 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.