Form 990 for tax year 2023
Filed by THE SPARTANBURG REGIONAL HEALTHCARE SYSTEM FOUNDATION.
Totals
- Total revenue
- $10,510,190
- Total expenses
- $7,986,363
- Contributions and grants received
- $7,106,786
- Grants paid
- $5,002,468
- Program service revenue
- $0
- Investment income
- $3,359,437
- Other revenue
- $43,967
- Total assets, end of year
- $62,310,378
- Total liabilities, end of year
- $816,403
- Net assets or fund balances, end of year
- $61,493,975
- Program services expenses (Part IX)
- $5,252,936
- Management and general expenses
- $1,655,068
- Fundraising expenses
- $1,078,359
- Program service expenses (Part III)
- $5,252,936
Program services were 65.8% 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.
-
1a · Federated campaigns
$37,916
-
1c · Fundraising events
$66,950
-
1d · Related organizations
$2,749,566
-
1e · Government grants (contributions)
$323,376
-
1f · All other contributions, gifts and grants
$3,928,978
-
1g · Noncash contributions included above
$2,665
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,197,190 · excluded $2,197,190
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $19,242,429
-
7b · Less cost or other basis and sales expenses
securities $18,080,182
-
7c · Gain or loss
securities $1,162,247 · other assets $0
-
7d · Net gain or loss
total $1,162,247 · excluded $1,162,247
-
8a · Fundraising events: gross income
$169,892
-
8a · Fundraising events: contributions included on line 1c
$66,950
-
8b · Fundraising events: direct expenses
$125,925
-
8c · Net income from fundraising events
total $43,967 · excluded $43,967
-
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 $5,002,468 · program services $5,002,468
-
7 · Other salaries and wages
total $1,495,403 · program services $139,072 · management and general $797,050 · fundraising $559,281
-
9 · Other employee benefits
total $456,741 · program services $42,477 · management and general $243,443 · fundraising $170,821
-
11c · Fees: accounting
total $71,116 · program services $6,614 · management and general $37,905 · fundraising $26,597
-
11f · Fees: investment management
total $227,102 · management and general $227,102
-
11g · Fees: other
total $148,634 · program services $14,558 · management and general $75,529 · fundraising $58,547
-
12 · Advertising and promotion
total $69,035 · program services $2,558 · management and general $14,658 · fundraising $51,819
-
13 · Office expenses
total $24,406 · program services $2,271 · management and general $13,008 · fundraising $9,127
-
16 · Occupancy
total $295,218 · program services $27,455 · management and general $157,351 · fundraising $110,412
-
17 · Travel
total $10,050 · program services $935 · management and general $5,356 · fundraising $3,759
-
22 · Depreciation, depletion and amortization
total $122,744 · program services $11,415 · management and general $65,423 · fundraising $45,906
-
24a · Other expenses: Fundraising
total $29,974 · management and general $403 · fundraising $29,571
-
24b · Other expenses: Dues and Subscriptions
total $19,168 · program services $1,783 · management and general $10,216 · fundraising $7,169
-
24c · Other expenses: Supplies
total $14,304 · program services $1,330 · management and general $7,624 · fundraising $5,350
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $306,845 · end of year $328,043
-
3 · Pledges and grants receivable
beginning of year $886,359 · end of year $617,397
-
4 · Accounts receivable
beginning of year $320,815 · end of year $151,418
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $42,914 · end of year $84,891
-
10a · Land, buildings and equipment: cost or other basis
$332,500
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $332,500 · end of year $332,500
-
11 · Investments: publicly traded securities
beginning of year $48,556,372 · end of year $58,965,933
-
12 · Investments: other securities
beginning of year $2,158,641 · end of year $1,830,196
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $425,499 · end of year $303,278
-
18 · Grants payable
end of year $7,500
-
19 · Deferred revenue
beginning of year $250,292 · end of year $493,727
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $601,945 · end of year $11,898
-
27 · Net assets without donor restrictions
beginning of year $17,552,229 · end of year $20,613,593
-
28 · Net assets with donor restrictions
beginning of year $33,774,481 · end of year $40,880,382
Mission and programs · 2023
Mission
To generate philanthropic support to advance health.
Activities or mission (Part I)
The Foundation's purpose is to provide financial support for Spartanburg Regional Healthcare System (SRHS). The Foundation promotes health by funding specific projects that benefit the wellbeing of the community in accordance with donor-imposed restrictions. The Foundation also awards grants to SRHS and other community organizations whose focus is health and wellness.
-
Through grants and contributions from donors, Spartanburg Regional Foundation supports the health and wellbeing of the community. In FY24, the Foundation provided funding for more than 70 projects that promote health in accordance with donor designations. A small sample of the accomplishments achieved with these funds include: 1. Supporting the expansion of the Bearden Josey Center for Breast Health 2. Provided financial assistance patients through various funds for help with prescriptions, medical equipment, education, and other needs while undergoing treatment 3. Convened community partners to begin a comprehensive, community-wide behavioral health plan.
Expenses $4,643,069 · Grants $4,392,601
-
Spartanburg Regional Foundation makes an impact on community health in the upstate of South Carolina by awarding grants to local nonprofit organizations. In FY24, The Foundation funded 10 community grants. The programs funded provided operational support to organizations that provide access to care in Spartanburg, Cherokee, and Union Counties.
Expenses $325,859 · Grants $325,859
-
Spartanburg Regional Foundation awards grants to areas of Spartanburg Regional Healthcare System from its unrestricted funds through an annual grant cycle. Just a few of the areas funded include: 1. Supporting the purchase of wireless equipment to improve outcomes for patients in treatment for breast cancer. 2. Funding training in the evidence-based model to improve infant and child health outcomes. 3. Supporting implementation of virtual reality systems to improve rehabilitation of motor function, cognition and movement in pediatric, neurological and acute care rehab.
Expenses $284,008 · Grants $284,008
As filed on the 2023 return.
Listed in Part VII
-
Anne P Flynn
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 1
-
Garrow Crowley
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jon A Jensen
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Mitch Kennedy
Treasurer - Resigned 12-31-2023
- Total calculated
- $0
- Hours/week
- 1
-
Vic Bailey III
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Andrew Falatok
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Darwin Simpson
Board Member - Resigned 05-20-24
- Total calculated
- $0
- Hours/week
- 1
-
Eliot Stone
Heart Chair
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Fleming
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Young
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Frankie Harris
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Heather Allen MD
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
James S Fulmer Jr
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Chapman
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Marjorie Boafo Appiah
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Marsha Gibbs
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mary Jane Jennings
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Peter Moore
Hospice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Prema Samhat
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rita Allison
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Robert Flandry MD
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Russell Booker
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sally Spencer
Cancer Chair
- Total calculated
- $0
- Hours/week
- 1
-
David Church
President
- Total calculated
- $278,527
- From this org
- $236,294
- From related orgs
- $0
- Other
- $42,233
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,344
- Bonus
- $46,950
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $42,233
- Filer's total
- $278,527
-
Amanda Herin
Senior Director of Operations
- Total calculated
- $141,758
- From this org
- $117,715
- From related orgs
- $0
- Other
- $24,043
- Hours/week
- 40
-
Polly Edwards-Padgett
Sr. Director of Strategic Philanthropy and Interim Executive Director
- Total calculated
- $126,341
- From this org
- $111,290
- From related orgs
- $0
- Other
- $15,051
- Hours/week
- 40
-
Shelly Sinclair
Senior Director of Philanthropy
- Total calculated
- $128,237
- From this org
- $113,388
- From related orgs
- $0
- Other
- $14,849
- Hours/week
- 40
-
Kristina Caradori
Former Executive Director
- Total calculated
- $203,498
- From this org
- $194,526
- From related orgs
- $0
- Other
- $8,972
Schedule J breakdown matched by us
- Base
- $105,026
- Bonus
- $89,500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,972
- Filer's total
- $203,498
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
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$214,285
Funding to support Movement 2030 to improve academic achievement and readiness for the healthcare workforce.
-
SRHS
$127,000
Funding to implement virtual reality systems to improve rehabilitation of motor function, cognition and movement in pediatric rehab, neurological outpatient rehab, and acute care.
-
SRHS
$70,000
To implement Unite Us referral software, which will connect healthcare with community partners to deliver proactive, targeted interventions, tracking the impact on reducing disparities and improving patients' health and well-being.
-
SRHS
$68,950
To purchase wireless equipment used in breast cancer treatment that precisely targets affected tissue to pinpoint its location within 1mm, resulting in more successful surgeries, optimized breast conservation strategies and enhanced outcomes for women.
-
SRHS
$29,995
This grant will provide training for the Center for Pediatrics in the evidence-based model to improve infant and child health outcomes, build parenting confidence and create a supportive community for families.
-
SRHS
$28,625
To provide free medical care and health services to low-income, uninsured residents of Spartanburg, Cherokee and Union Counties, aiming to improve health outcomes and quality of life.
-
$15,000
To support St. Luke's in providing free health care services to low-income, uninsured residents of Spartanburg County.
-
$15,000
To reduce addiction by providing comprehensive services and support families affected by substance abuse.
-
To provide free medical care to uninsured, low-income residents of Cherokee County.
-
$15,000
To improve the oral health of underserved children in Spartanburg County through preventative services, education, and access to dental care.
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
Spartanburg Regional Health Services District
Hospital · SC
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 August 2025
- IRS schema version
- 2023v6.0
- Source object
- 202532169349300933
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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