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Nonprofiteer
← ROPER ST FRANCIS FOUNDATION

Form 990 for tax year 2023

Filed by ROPER ST FRANCIS FOUNDATION.

Totals

Total revenue
$13,155,400
Total expenses
$9,971,600
Contributions and grants received
$11,753,823
Grants paid
$3,875,969
Program service revenue
$0
Investment income
$1,792,489
Other revenue
-$390,912
Total assets, end of year
$44,523,003
Total liabilities, end of year
$1,694,896
Net assets or fund balances, end of year
$42,828,107
Program services expenses (Part IX)
$3,875,969
Management and general expenses
$2,653,639
Fundraising expenses
$3,441,992
Program service expenses (Part III)
$3,875,969

Program services were 38.9% 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.

  • 1d · Related organizations

    $100,000

  • 1f · All other contributions, gifts and grants

    $11,653,823

  • 1g · Noncash contributions included above

    $47,140

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $1,334,060 · excluded $1,334,060

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $458,429

  • 7c · Gain or loss

    securities $458,429 · other assets $0

  • 7d · Net gain or loss

    total $458,429 · excluded $458,429

  • 8a · Fundraising events: gross income

    $349,340

  • 8b · Fundraising events: direct expenses

    $740,252

  • 8c · Net income from fundraising events

    total -$390,912 · excluded -$390,912

  • 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 $3,875,969 · program services $3,875,969

  • 5 · Compensation of officers, directors and key employees

    total $576,133 · management and general $316,873 · fundraising $259,260

  • 7 · Other salaries and wages

    total $1,943,637 · management and general $1,069,000 · fundraising $874,637

  • 8 · Pension plan contributions

    total $126,176 · management and general $69,397 · fundraising $56,779

  • 9 · Other employee benefits

    total $232,898 · management and general $128,094 · fundraising $104,804

  • 10 · Payroll taxes

    total $141,425 · management and general $77,784 · fundraising $63,641

  • 11f · Fees: investment management

    total $102,496 · fundraising $102,496

  • 11g · Fees: other

    total $513,444 · program services $0 · management and general $282,394 · fundraising $231,050

  • 12 · Advertising and promotion

    total $111,394 · management and general $61,267 · fundraising $50,127

  • 13 · Office expenses

    total $153,504 · management and general $84,427 · fundraising $69,077

  • 14 · Information technology

    total $1,364 · management and general $750 · fundraising $614

  • 16 · Occupancy

    total $283,113 · management and general $155,712 · fundraising $127,401

  • 17 · Travel

    total $20,131 · management and general $11,072 · fundraising $9,059

  • 22 · Depreciation, depletion and amortization

    total $6,840 · management and general $3,762 · fundraising $3,078

  • 24a · Other expenses: Pledge write-offs

    total $1,024,692 · fundraising $1,024,692

  • 24b · Other expenses: Donor Appreciation

    total $143,644 · fundraising $143,644

  • 24c · Other expenses: Supplies

    total $23,360 · management and general $12,848 · fundraising $10,512

  • 24d · Other expenses: Dietary

    total $14,442 · management and general $7,943 · fundraising $6,499

  • 24e · All other expenses

    total $676,938 · program services $0 · management and general $372,316 · fundraising $304,622

Balance sheet

Part X, book values.

  • 3 · Pledges and grants receivable

    beginning of year $2,426,932 · end of year $5,020,901

  • 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 $197,042 · end of year $640,376

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

    $76,024

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

    $27,399

  • 10c · Land, buildings and equipment, net

    beginning of year $55,729 · end of year $48,625

  • 11 · Investments: publicly traded securities

    beginning of year $28,828,072 · end of year $31,252,952

  • 12 · Investments: other securities

    beginning of year $7,493,431 · end of year $7,517,248

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $89,649 · end of year $42,901

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,351,013 · end of year $1,479,775

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $696,058 · end of year $215,121

  • 27 · Net assets without donor restrictions

    beginning of year $15,883,937 · end of year $13,706,474

  • 28 · Net assets with donor restrictions

    beginning of year $21,159,847 · end of year $29,121,633

Mission and programs · 2023

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 2023, the Foundation raised $11.75 million to advance the non-profit System's mission.

    Expenses $3,875,969 · Grants $3,875,969

As filed on the 2023 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

  • Jeremy Willits

    Board Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Amy S McMarlin

    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

  • David Kimm

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • David Verbance

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Debbie Swain

    Board Member (End 01/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Elizabeth Saal

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Eric Laster

    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 (End 10/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Jeffrey DiLisi MD

    Board Member, President/CEO RSFH (End 12/23)

    Total calculated
    $1,199,591
    From this org
    $0
    From related orgs
    $1,105,777
    Other
    $93,814
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $806,712 related
    Bonus
    $0 + $200,002 related
    Other
    $0 + $99,063 related
    Deferred
    $0 + $39,897 related
    Nontaxable benefits
    $0 + $53,917 related
    Filer's total
    $0 + $1,199,591 related

  • 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
    $574,860
    From this org
    $0
    From related orgs
    $482,585
    Other
    $92,275
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $386,812 related
    Bonus
    $0 + $82,246 related
    Other
    $0 + $13,527 related
    Deferred
    $0 + $59,203 related
    Nontaxable benefits
    $0 + $33,072 related
    Filer's total
    $0 + $574,860 related

  • Matthew Desmond

    Board Member, RSFH Chief Transformation Officer & President - BSSF/MPH

    Total calculated
    $561,513
    From this org
    $0
    From related orgs
    $460,061
    Other
    $101,452
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,538 related
    Bonus
    $0 + $59,212 related
    Other
    $0 + $26,311 related
    Deferred
    $0 + $48,984 related
    Nontaxable benefits
    $0 + $52,468 related
    Filer's total
    $0 + $561,513 related

  • Megan Baker MD

    Board Member, Interim President/CEO (Beg 12/23)

    Total calculated
    $760,277
    From this org
    $0
    From related orgs
    $692,709
    Other
    $67,568
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $496,390 related
    Bonus
    $0 + $196,112 related
    Other
    $0 + $207 related
    Deferred
    $0 + $17,397 related
    Nontaxable benefits
    $0 + $50,171 related
    Filer's total
    $0 + $760,277 related

  • Page Bullington

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Paula Heinauer

    Board Member (End 04/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Renee Black

    Board Member (End 04/23)

    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
    $598,821
    From this org
    $0
    From related orgs
    $528,710
    Other
    $70,111
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $417,007 related
    Bonus
    $0 + $71,204 related
    Other
    $0 + $40,499 related
    Deferred
    $0 + $39,897 related
    Nontaxable benefits
    $0 + $30,214 related
    Filer's total
    $0 + $598,821 related

  • Steven P Bottcher

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Tommy Hall

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Troy Powell

    Board Member (Beg 03/23), Regional President - RH/BH & VP Continuing Care

    Total calculated
    $517,153
    From this org
    $0
    From related orgs
    $423,550
    Other
    $93,603
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $348,151 related
    Bonus
    $0 + $50,300 related
    Other
    $0 + $25,099 related
    Deferred
    $0 + $45,333 related
    Nontaxable benefits
    $0 + $48,270 related
    Filer's total
    $0 + $517,153 related

  • Trudy H ROBERTSON

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Wendy Wellin

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Stacy Waters

    Secretary, VP & President RSF Foundation

    Total calculated
    $576,133
    From this org
    $502,194
    From related orgs
    $0
    Other
    $73,939
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $424,829
    Bonus
    $72,190
    Other
    $5,175
    Deferred
    $53,669
    Nontaxable benefits
    $20,270
    Filer's total
    $576,133

  • Anne Sass

    Senior Director Grant Services

    Total calculated
    $150,404
    From this org
    $129,330
    From related orgs
    $0
    Other
    $21,074
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $121,146
    Bonus
    $7,116
    Other
    $1,068
    Deferred
    $5,896
    Nontaxable benefits
    $15,178
    Filer's total
    $150,404

  • Brian Coleman Pecor

    Senior Director of Development

    Total calculated
    $238,055
    From this org
    $194,878
    From related orgs
    $0
    Other
    $43,177
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $185,800
    Bonus
    $8,997
    Other
    $81
    Deferred
    $28,096
    Nontaxable benefits
    $15,081
    Filer's total
    $238,055

  • Suzanne Watson Smith

    Major Gifts Director

    Total calculated
    $113,141
    From this org
    $109,805
    From related orgs
    $0
    Other
    $3,336
    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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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 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 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: Stacy Waters, $0; Stanley Wilson, $39,795; Troy Powell, $22,560; Marissa Blair Jamarik, $0; Matthew Desmond, $0; Jeffrey Dilisi, MD, $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
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202423189349308862

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