2024-11-12T16:37:37-06:00 2023-12-31 382492570 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2023-01-01 461500989 SOUTH CAROLINA FEDERAL CREDIT UNION FOUNDATION SOUT 8435695161 PO BOX 190012 NORTH CHARLESTON SC 29419 BONNIE CIUFFO DIRECTOR 8435695161 2024-11-12 0 JOHN J MURNANE JR P03021572 3052328272 2024-11-12 2023 2024-10-15 13:58:12Z R SCOTT WOODS PO BOX 190012 NORTH CHARLESTON SC 29419 247952 0 X WWW.THESCFFOUNDATION.NET X 2013 SC THE SOUTH CAROLINA FEDERAL CREDIT UNION FOUNDATION IS A 501(C)(3) ORGANIZATION ESTABLISHED TO PROVIDE FINANCIAL ASSISTANCE AND SUPPORT TO OTHER ORGANIZATIONS OPERATING EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. 8 8 0 234 0 0 257352 247773 0 0 30 79 0 -1160 257382 246692 197666 267669 0 0 0 0 0 0 537 11731 8537 209397 276206 47985 -29514 278570 264092 66174 17469 212396 246623 WE EXIST FOR CHARITABLE AND EDUCATIONAL PURPOSES. 0 0 267669 267669 SUPPORT INDIVIDUALS IN CRISIS AND OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. 267669 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 SC X BONNIE K CIUFFO 8435695161 6265 RIVERS AVENUE NORTH CHARLESTON SC 29406 R SCOTT WOODS CHAIR 0.50 X X 0 0 0 TREY GANTT DIRECTOR 0.50 X X 0 0 0 LESLIE NORRIS DIRECTOR 0.50 X X 0 0 0 BONNIE K CIUFFO DIRECTOR 2.00 X 0 0 0 ELIZABETH JASKIEWICZ EXECUTIVE DIRECTOR 31.00 9.00 X X 0 129131 58801 LEON FRAZIER SECRETARY 0.50 X 0 0 0 JOSEPH GRECH VICE CHAIR 0.50 X 0 0 0 TROI OREE TREASURER 0.50 X 0 0 0 0 129131 58801 0 0 1 0 0 2600 245173 247773 79 79 100 2600 1260 -1160 -1160 246692 0 0 -1081 250169 250169 17500 17500 PROFESSIONAL FEES 8000 8000 MISC FUNDRAISING EXPENS 537 537 276206 267669 8000 537 77193 55413 81826 89391 119551 111288 8000 278570 264092 66174 17469 66174 17469 X 92845 122273 119551 124350 212396 246623 278570 264092 -29514 63741 0 X X 0 1 X 1 0 X 329327 215237 310836 403580 384113 1643093 329327 215237 310836 403580 384113 1643093 286267 1356826 1302 27 30 79 1438 1644531 12818 0.82510 0.84880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 449788 201836 201836 247952 -1260 -1260 246692 479302 201836 1260 203096 276206 0 276206 PART X, LINE 2: INCOME TAXES THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY ON EXAMINATION BY TAX AUTHORITIES. THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION GENERALLY EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION (IRC) 501(C)(3) OR INCOME CONSIDERED TO BE UNRELATED BUSINESSINCOME. THE FOUNDATION DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022. AS SUCH, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFYFOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. ACCORDINGLY, NO PROVISIONS FOR INCOME TAXES HAVE BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FILES ONLY INFORMATIONAL TAX RETURNS FOR FEDERAL REPORTING PURPOSES. CURRENTLY, THE 2023, 2022, AND 2021 RETURNS ARE OPEN AND SUBJECT TO EXAMINATION. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT BY ANY INCOME TAX JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM FUNDRAISING EVENTS REPORTED ON THE STATEMENT OF REVENUE WITHIN FORM 990 BUT REPORTED AS EXPENSES ON THE STATEMENT OF ACTIVITIES WITHIN THE AUDITED FINANCIAL STATEMENTS. -1,260. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM FUNDRAISING EVENTS REPORTED ON THE STATEMENT OF REVENUE WITHIN FORM 990 BUT REPORTED AS EXPENSES ON THE STATEMENT OF ACTIVITIES WITHIN THE AUDITED FINANCIAL STATEMENTS. 1,260. 1 ALZHEIMERS ASSOC 2090 EXECUTIVE HALL CHARLESTON SC 29407 133039601 501(C)(3) 62156 0 ALZHEIMER'S RESEARCH AND EDUCATION CMN MUSC CHILDREN'S HOSPITAL 52 BEE ST CHARLESTON SC 29425 576028985 501(C)(3) 43225 0 TO TREAT CRITICALLY ILL CHILDREN/RESEARCH LOWCOUNTRY AMERICAN RED CROSS 2424-A CITY HALL LANE NORTH CHARLESTON SC 29406 530196605 501(C)(3) 26378 0 TO PROVIDE EMERGENCY RESPONSE SERVICES/SUPPORT MILITARY FAMILIES LOWCOUNTRY FOOD BANK 2864 AZALEA DRIVE CHARLESTON SC 29405 570751835 501(C)(3) 46301 0 TO PROVIDE FOOD FOR THE HUNGRY/BACKPACK BUDDIES BOYS AND GIRLS CLUB PO BOX 93 FLORENCE SC 29503 135562976 501(C)(3) 28787 0 TO PROVIDE VOLUNTARY AFTER-SCHOOL PROGRAMS FOR YOUNG PEOPLE. PRISMA HEALTH UPSTATE 300 EAST MCBEE AVE SUITE 302 GREENVILLE SC 29601 811723202 501(C)(3) 23035 0 TO PROVIDE ADVANCE PATIENT CARE AND SUPPORT CLINICAL CARE PROGRAMS 5 0 TO SUPPORT EMPLOYEES OF THE FOUNDATION'S SPONSOR (SCFCU) DURING TIMES OF CATASTROPHY AND TRAGEDY (E.G., FIRES, FLOODS, HURRICANES, DEATH OF SPOUSE/CHILD) 7 17500 PART I, LINE 2: THESE CONTRIBUTIONS ARE CHARITABLE IN NATURE. THEY ARE NOT GRANTS AND THEREFORE THERE IS NO MONITORING AFTER DISBURSEMENT. 0 0 0 0 0 0 0 0 0 ELIZABETH JASKIEWICZ EXECUTIVE DIRECTOR 0 129131 0 0 0 0 0 24588 0 34213 0 187932 0 0 FORM 990, PART VI, SECTION A, LINE 2 EMPLOYEES OF SOUTH CAROLINA FEDERAL CREDIT UNION VOLUNTEER THEIR TIME TO BE MEMBERS OF THE FOUNDATION'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS EMAILED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST, IF ANY, ARE TO BE DISCUSSED AT BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 PER THE FOUNDATION'S BYLAWS, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART II, LINE 2C THE VOLUNTEER DIRECTORS HIRED A THIRD PARTY AUDIT FIRM TO PERFORM AN OPINION AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2023. SOUTH CAROLINA FEDERAL CREDIT UNION 2175 CREDIT UNION LN NORTH CHARLESTON SC 29406 570323645 FINANCIAL SERVICES SC 501(C)(1) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 SOUTH CAROLINA FEDERAL CREDIT UNION C 69500 ACTUAL SOUTH CAROLINA FEDERAL CREDIT UNION O 145648 W-2 AND ESTIMATED BENEFITS