2025-11-17T18:14:09-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 461500989 SOUTH CAROLINA FEDERAL CREDIT UNION FOUNDATION SOUT 8435695161 PO BOX 190012 NORTH CHARLESTON SC 29419 BONNIE CIUFFO DIRECTOR 8435695161 2025-11-17 0 AUBREY CLEGG P01076395 3052328272 2025-11-16 2024 2025-03-06 01:10:19Z R SCOTT WOODS PO BOX 190012 NORTH CHARLESTON SC 29419 251692 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. 7 7 0 272 0 0 247773 251601 0 0 79 91 -1160 0 246692 251692 267669 261699 0 0 0 0 0 0 357 8537 11907 276206 273606 -29514 -21914 264092 252518 17469 27809 246623 224709 WE EXIST FOR CHARITABLE AND EDUCATIONAL PURPOSES. 0 0 261699 261699 SUPPORT INDIVIDUALS IN CRISIS AND OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. 261699 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 7 7 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 EXECUTIVE DIRECTOR 31.00 9.00 X X 0 257369 50853 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 257369 50853 0 0 1 0 0 251601 251601 91 91 251692 0 0 91 221199 221199 40500 40500 PROFESSIONAL FEES 11550 11550 MISC FUNDRAISING EXPENS 357 357 273606 261699 11550 357 55413 61240 89391 69211 111288 119017 8000 3050 264092 252518 17469 27809 17469 27809 X 122273 105693 124350 119016 246623 224709 264092 252518 -21914 0 X X 0 1 X 1 0 X 215237 310836 403580 384113 319874 1633640 215237 310836 403580 384113 319874 1633640 293646 1339994 27 30 79 91 227 1633867 14638 0.82010 0.82510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 381785 130093 130093 251692 0 251692 403699 130093 130093 273606 0 273606 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 BUSINESS INCOME. THE FOUNDATION DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023. AS SUCH, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR 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 2024, 2023, AND 2022 RETURNS ARE OPEN AND SUBJECT TO EXAMINATION. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT BY ANY INCOME TAX JURISDICTIONS. 1 ALZHEIMERS ASSOC 2090 EXECUTIVE HALL CHARLESTON SC 29407 133039601 501(C)(3) 54792 0 ALZHEIMER'S RESEARCH AND EDUCATION CMN MUSC CHILDREN'S HOSPITAL 52 BEE ST CHARLESTON SC 29425 576028985 501(C)(3) 42222 0 TO TREAT CRITICALLY ILL CHILDREN/RESEARCH LOWCOUNTRY AMERICAN RED CROSS 2424-A CITY HALL LANE NORTH CHARLESTON SC 29406 530196605 501(C)(3) 18280 0 TO PROVIDE EMERGENCY RESPONSE SERVICES/SUPPORT MILITARY FAMILIES LOWCOUNTRY FOOD BANK 2864 AZALEA DRIVE CHARLESTON SC 29405 570751835 501(C)(3) 37317 0 TO PROVIDE FOOD FOR THE HUNGRY/BACKPACK BUDDIES BOYS AND GIRLS CLUB PO BOX 93 FLORENCE SC 29503 135562976 501(C)(3) 26070 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) 14808 0 TO PROVIDE ADVANCE PATIENT CARE AND SUPPORT CLINICAL CARE PROGRAMS AMERICAN RED CROSS UPSTATE 940 GROVE ROAD GREENVILLE SC 29605 530196605 501(C)(3) 7123 0 AIDING COMMUNITIES AFFECTED BY HURRICANE HELENE WITH EMERGENCY SUPPLIES AND SHELTER. 8 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) 15 40500 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 BONNIE K CIUFFO EXECUTIVE DIRECTOR 0 86396 0 170973 0 0 0 37208 0 13645 0 308222 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, 2024. 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 74700 ACTUAL SOUTH CAROLINA FEDERAL CREDIT UNION O 130093 W-2 AND ESTIMATED BENEFITS