Skip to content
Nonprofiteer
← ROPER ST FRANCIS FOUNDATION

Form 990 for tax year 2022

Filed by ROPER ST FRANCIS FOUNDATION.

Totals

Total revenue
$5,975,101
Total expenses
$13,044,330
Contributions and grants received
$4,864,282
Grants paid
$8,593,467
Program service revenue
$0
Investment income
$1,843,196
Other revenue
-$732,377
Total assets, end of year
$39,090,855
Total liabilities, end of year
$2,047,071
Net assets or fund balances, end of year
$37,043,784
Program services expenses (Part IX)
$8,593,467
Management and general expenses
$1,842,643
Fundraising expenses
$2,608,220
Program service expenses (Part III)
$8,593,467

Program services were 65.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $373,500

  • 1d · Related organizations

    $100,000

  • 1f · All other contributions, gifts and grants

    $4,390,782

  • 1g · Noncash contributions included above

    $211,123

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $855,702 · excluded $855,702

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $987,494

  • 7c · Gain or loss

    securities $987,494 · other assets $0

  • 7d · Net gain or loss

    total $987,494 · excluded $987,494

  • 8a · Fundraising events: contributions included on line 1c

    $373,500

  • 8b · Fundraising events: direct expenses

    $732,377

  • 8c · Net income from fundraising events

    total -$732,377 · excluded -$732,377

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,593,467 · program services $8,593,467

  • 5 · Compensation of officers, directors and key employees

    total $759,077 · management and general $356,766 · fundraising $402,311

  • 7 · Other salaries and wages

    total $1,088,106 · management and general $511,410 · fundraising $576,696

  • 8 · Pension plan contributions

    total $67,325 · management and general $31,643 · fundraising $35,682

  • 9 · Other employee benefits

    total $310,110 · management and general $145,752 · fundraising $164,358

  • 10 · Payroll taxes

    total $113,125 · management and general $53,169 · fundraising $59,956

  • 11f · Fees: investment management

    total $246,448 · fundraising $246,448

  • 11g · Fees: other

    total $767,998 · program services $0 · management and general $360,959 · fundraising $407,039

  • 12 · Advertising and promotion

    total $73,979 · management and general $34,770 · fundraising $39,209

  • 13 · Office expenses

    total $194,147 · management and general $91,249 · fundraising $102,898

  • 16 · Occupancy

    total $226,517 · management and general $106,463 · fundraising $120,054

  • 17 · Travel

    total $10,747 · management and general $5,051 · fundraising $5,696

  • 22 · Depreciation, depletion and amortization

    total $5,919 · management and general $2,782 · fundraising $3,137

  • 23 · Insurance

    total $3,042 · management and general $1,430 · fundraising $1,612

  • 24a · Other expenses: Donor Appreciation

    total $276,005 · fundraising $276,005

  • 24b · Other expenses: Catering

    total $28,079 · management and general $13,197 · fundraising $14,882

  • 24c · Other expenses: Medical Supplies

    total $7,893 · fundraising $7,893

  • 24d · Other expenses: Subscriptions

    total $3,347 · management and general $1,573 · fundraising $1,774

  • 24e · All other expenses

    total $268,999 · program services $0 · management and general $126,429 · fundraising $142,570

Balance sheet

Part X, book values.

  • 3 · Pledges and grants receivable

    beginning of year $2,470,835 · end of year $2,426,932

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $192,971 · end of year $197,042

  • 10a · Land, buildings and equipment: cost or other basis

    $76,447

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,718

  • 10c · Land, buildings and equipment, net

    beginning of year $26,676 · end of year $55,729

  • 11 · Investments: publicly traded securities

    beginning of year $34,232,522 · end of year $28,828,072

  • 12 · Investments: other securities

    beginning of year $16,201,595 · end of year $7,493,431

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $162,469 · end of year $89,649

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,410,796 · end of year $1,351,013

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,885,703 · end of year $696,058

  • 27 · Net assets without donor restrictions

    beginning of year $22,527,026 · end of year $15,883,937

  • 28 · Net assets with donor restrictions

    beginning of year $27,463,543 · end of year $21,159,847

Mission and programs · 2022

Mission

The Roper St. Francis Foundation's mission is to advance the Roper St. Francis Healthcare mission of healing all people with compassion, faith and excellence through philanthropy.

Activities or mission (Part I)

The Roper St. Francis Foundation's mission is to advance the Roper St. Francis Healthcare mission of healing all people with compassion, faith, and excellence through philanthropy.

  • The Roper St. Francis Foundation supports the health and well-being of the coastal South Carolina counties served by Roper St. Francis Healthcare by securing philanthropic support for the System's priority capital and programmatic initiatives. The foundation is charged with identifying, securing, and managing financial resources to support facility projects and healthcare services for the system's four hospitals as well as additional facilities located across Lowcountry. In 2022, the Foundation raised $4.8 million to advance the non-profit System's mission.

    Expenses $8,593,467 · Grants $8,593,467

As filed on the 2022 return.

Listed in Part VII

  • Cladius E Watts IV

    Vice Chairperson

    Total calculated
    $0
    Hours/week
    0.5

  • Hope Gazes Grayson

    Chairperson

    Total calculated
    $0
    Hours/week
    0.5

  • Amy S McMarlin

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Andrea Woodfield

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Anne Tierney Tidwell

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Carole W King

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Charles Cole

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Charles Ford Rivers III

    Board Member

    Total calculated
    $0
    Hours/week
    0.5 + 3.5 related

  • David Ellison MD

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Debbie Swain

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Elizabeth Saal

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Eugene J Zurlo

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • G Frederick Worsham MD

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Henry Greer

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Herbert L Drayton

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Jeffrey DiLisi MD

    Board Member, RSFH President/CEO

    Total calculated
    $1,569,106
    From this org
    $0
    From related orgs
    $1,248,827
    Other
    $320,279
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $765,516 related
    Bonus
    $0 + $414,703 related
    Other
    $0 + $68,608 related
    Deferred
    $0 + $269,854 related
    Nontaxable benefits
    $0 + $50,425 related
    Filer's total
    $0 + $1,569,106 related

  • Jennifer Murray

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Jeremy Willits

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Karl Green

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Kim MEYER

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Len Howell

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Marissa Blair Jamarik

    Board Member, RSFH SVP & Chief Nursing Officer

    Total calculated
    $561,861
    From this org
    $0
    From related orgs
    $440,371
    Other
    $121,490
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $366,533 related
    Bonus
    $0 + $88,535 related
    Other
    $0 + -$14,697 related
    Deferred
    $0 + $89,933 related
    Nontaxable benefits
    $0 + $31,557 related
    Filer's total
    $0 + $561,861 related

  • Matthew Desmond

    Board Member, RSFH VP Ops Acute Care

    Total calculated
    $613,465
    From this org
    $0
    From related orgs
    $524,055
    Other
    $89,410
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $347,543 related
    Bonus
    $0 + $125,708 related
    Other
    $0 + $50,804 related
    Deferred
    $0 + $41,188 related
    Nontaxable benefits
    $0 + $48,222 related
    Filer's total
    $0 + $613,465 related

  • Page Bullington

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Paula Heinauer

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Renee Black

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Richard Clapp

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Robert D Fairey

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Robert Mason

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Sandy Klein

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Stanley Wilson MD

    Board Member, RSFH AVP CMO - Quality & Cont Care

    Total calculated
    $695,700
    From this org
    $0
    From related orgs
    $635,553
    Other
    $60,147
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $444,631 related
    Bonus
    $0 + $145,997 related
    Other
    $0 + $44,925 related
    Deferred
    $0 + $30,088 related
    Nontaxable benefits
    $0 + $30,059 related
    Filer's total
    $0 + $695,700 related

  • Steven P Bottcher

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Trudy H ROBERTSON

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Wendy Wellin

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Ashley Redmond

    Executive Director/Secretary (END 03/22)

    Total calculated
    $212,972
    From this org
    $198,322
    From related orgs
    $0
    Other
    $14,650
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $43,062
    Bonus
    $37,238
    Other
    $118,022
    Deferred
    $4,322
    Nontaxable benefits
    $10,328
    Filer's total
    $212,972

  • Stacy Waters

    Secretary, VP & President RSF Foundation (Beg 03/22)

    Total calculated
    $546,105
    From this org
    $487,604
    From related orgs
    $0
    Other
    $58,501
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $350,479
    Bonus
    $0
    Other
    $137,125
    Deferred
    $43,608
    Nontaxable benefits
    $14,893
    Filer's total
    $546,105

  • Anne Sass

    Senior Director Grant Services

    Total calculated
    $143,316
    From this org
    $124,245
    From related orgs
    $0
    Other
    $19,071
    Hours/week
    50

  • Brian Coleman Pecor

    Senior Director of Development

    Total calculated
    $128,872
    From this org
    $105,896
    From related orgs
    $0
    Other
    $22,976
    Hours/week
    50

  • Lauren Johnson

    Major Gifts Director

    Total calculated
    $143,745
    From this org
    $125,843
    From related orgs
    $0
    Other
    $17,902
    Hours/week
    50

  • Mary O'Brien Delaney

    Major Gifts Director

    Total calculated
    $169,139
    From this org
    $115,222
    From related orgs
    $0
    Other
    $53,917
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $94,620
    Bonus
    $20,538
    Other
    $64
    Deferred
    $4,210
    Nontaxable benefits
    $49,707
    Filer's total
    $169,139

  • Patricia Jean Tasker

    Major Gifts Director

    Total calculated
    $149,077
    From this org
    $130,239
    From related orgs
    $0
    Other
    $18,838
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
Employer provided temporary housing related to employee relocation was provided for one officer. The entire benefit was treated as taxable compensation.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
A related organization of Roper St. Francis Foundation determined the compensation of the Organization's CEO using the following methods: Compensation Committee Independent Compensation Consultant Compensation Survey or Study Approval by the Board or Compensation Committee
Schedule J, Part I, Line 4a Severance or change-of-control payment
Severance Benefits consisting of continuation of base salary and insurance benefits were provided to listed individuals for specified periods. The listed individual executed releases and waivers of claims in exchange for the severance benefits. Salary continuation amounts provided during the reporting year to the listed individual was as follow: Ashley Redmond, $91,396.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
The Roper St. Francis Healthcare 457(f) Plan's purpose is to offer eligible employees of the employer deferred compensation benefits to supplement Eligible Employees' retirement income. The Plan is intended to be a top-hat plan (i.e. an unfunded deferred compensation plan maintained for certain members of a select group of management or highly compensated employees). INDIVIDUALS THAT PARTICIPATED OR RECEIVED A DISTRIBUTION INCLUDE: Jeffrey DiLisi, MD, $0; Stacy Waters, $0.
Schedule J, Part I, Line 7 NON-FIXED PAYMENTS
Goals are developed each year to support the Organization's strategic initiatives for people, quality, financial, growth and service. The Ad Hoc Compensation Committee approves the system goals annually and reports it to the full Board of Directors. Progress on each metric is reported to the Board each month on the corporate scorecard. At year-end, the Ad Hoc Compensation Committee approves the final scorecard number and reports results to the full Board. Annual incentives for the executives are based 60% on the corporate scorecard and 40% on individual performance. Executives maintain an individual scorecard on the leader evaluation manager and discuss results monthly with the President/CEO. The President/CEO approves the individual executive scorecard.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202313149349304146

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.