PRISMA HEALTH MIDLANDS FOUNDATION F/K/A PALMETTO HEALTH FOUNDATION Charity Report

Public IRS 990 nonprofit record

PRISMA HEALTH MIDLANDS FOUNDATION F/K/A PALMETTO HEALTH FOUNDATION

EIN 57-0725699 · Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)

What they do

THE FOUNDATION EXISTS to SUPPORT THE MISSION and PURPOSES of PRISMA HEALTH and ITS RELATED ACTIVITIES. THIS is ACCOMPLISHED BY BUILDING AWARENESS of KEY HEALTH ISSUES IN THE COMMUNITY and DEVELOPING FINANCIAL RESOURCES for PRISMA HEALTH to USE IN ADDRESSING SUCH ISSUES.THE INITIATIVES of THE FOUNDATION ARE LINKED to THE STRATEGIC PLAN of PRISMA HEALTH and MEASURED to IMPROVE THE PHYSICAL, EMOTIONAL, and SPIRITUAL HEALTH of OUR COMMUNITY. WE SHARE THIS FUNDAMENTAL COMMITMENT IN IMPROVING THE HUMAN CONDITION IN OUR COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

24.50%of revenue went to mission work87.2% of expenses · Program services

2.34%of revenue went to fundraising8.3% of expenses

$28.11spent for every $100 of revenueRevenue covered expenses this year.

1.27%of revenue went to management and office costs4.5% of expenses

$18.72in assets for every $1 spent this yearSome assets cannot be spent right away.

73.3%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $269,792 for JEFFERY FAW (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,712,574

Mission workProgram services$2,869,35924.50% of revenue87.2% of expenses

ManagementOffice and general costs$148,7321.27% of revenue4.5% of expenses

FundraisingAsking for donations$273,7452.34% of revenue8.3% of expenses

Revenue left after expensesReported annual surplus$8,420,73871.89% of revenueShown in gray on the chart

Total expenses$3,291,83628.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.2% mission · 4.5% management · 8.3% fundraisingTotal expenses: 28.11% of revenue

2023Expense mix: 90.6% mission · 3.0% management · 6.4% fundraisingTotal expenses: 45.60% of revenue

2022Expense mix: 93.7% mission · 0.2% management · 6.1% fundraisingTotal expenses: 27.60% of revenue

2021Expense mix: 105.3% mission · 6.2% management · 0.0% fundraisingTotal expenses: 81.92% of revenue

2020Expense mix: 98.0% mission · 0.3% management · 1.7% fundraisingTotal expenses: 111.11% of revenue

2019Expense mix: 87.9% mission · 1.9% management · 10.2% fundraisingTotal expenses: 119.59% of revenue

2017Expense mix: 95.4% mission · 3.6% management · 1.0% fundraisingTotal expenses: 66.73% of revenue

2016Expense mix: 96.3% mission · 2.5% management · 1.2% fundraisingTotal expenses: 95.49% of revenue

Money in and money out

Revenue$11,712,574

Expenses$3,291,836

Annual surplus $8,420,738 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,869,359 · 87.2% of expenses

Management and office costs$148,732 · 4.5% of expenses

Fundraising$273,745 · 8.3% of expenses

See all reported dollar amounts

Revenue$11,712,574

Expenses$3,291,836

Assets$61,619,981

Income$14,026,937

Contributions$8,586,610

Mission work (program services)$2,869,359

Fundraising$273,745

Grants given$23,096,972

Average grant$3,299,567

Management and general$148,732

Executive compensation (total)$837,572

Stocks and bonds$48,175,903

Investing fees$149,010

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFFERY FAWEXECUTIVE DIRECTOR · 40 hrs/week $269,792Base $252,820 · Other $16,972

KATHERINE W DAVISSR. PHILANTHROPIC RELATION · 40 hrs/week $151,971Base $139,589 · Other $12,382

LATRINA JEFFERY CRUMDIRECTOR OF FINANCE · 40 hrs/week $118,902Base $107,511 · Other $11,391

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

JEFFERY FAWEXECUTIVE DIRECTOR

KATHERINE W DAVISSR. PHILANTHROPIC RELATION

LATRINA JEFFERY CRUMDIRECTOR OF FINANCE

KAREN YIPMEMBER

WILL HOLMESMEMBER

STEPHANIE JONESMEMBER

SEAN HARTMEMBER

SCOTT JONESMEMBER

SARA WORTMANMEMBER

SAMER ABRAHAMCHAIR

MICHAEL STACHOWIAKMEMBER

MICHAEL MONTGOMERYMEMBER

LEE MASHBURNTREASURER

ALAN KAHNMEMBER

JULIAN KIMMEMBER

JOHN HUDGENSMEMBER

JOHN GRIGGSCHAIR ELECT

JILL SMITHMEMBER

JILL ARMBRUSTERSECRETARY

JASON HAWNMEMBER

ELIZABETH NKUO JOHNSONIMMEDIATE PAST CHAIR

COLES DWIGHTMEMBER

CARA FLORENCEMEMBER

BILL DUDAMEMBER

About this charity

Recognized since: January 1982
Location: 1600 MARION ST, COLUMBIA, SC 29201-2913
County: Richland
In care of: % LYNN PITZER
Primary officer: JEFFERY FAW, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(803) 434-7275

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: ELLIOTT DAVIS ADVISORY LLC
NTEE classification: Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes