Grantmakers › South Carolina

South Carolina Student Loan Corp

Columbia, SC · EIN 57-0602805. Reported 45 grants totalling $2,474,500 to 38 organizations across tax years 2023-2024, on Form 990 Schedule I.

38organizations funded
$40,000median reported grant
$2,474,500granted, 2023-2024
29%of grantees funded again the next year
12%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. For South Carolina Student Loan Corp, the IRS classifies it under public & societal benefit rather than as a grantmaker (NTEE W600) -- it is an operating charity that also makes grants.
  2. How spread out its giving is. 38 distinct organizations, with 12% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
  3. How much its list changes. 29% of one year's grantees are funded again the next, across 1 year-to-year transition. That is below the 56% median for grantmaking charities, and well below the 67% median for private foundations. It describes the organizations it already funds, not whether it would consider a new one.

How big are its grants?

The median reported grant is $40,000. Half of what it reported fell between $30,000 and $59,000; the smallest was $7,500 and the largest $300,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$5,000 - $10,000
1 grant
$25,000 - $50,000
22 grants
$50,000 - $100,000
17 grants
$100,000 - $250,000
4 grants
$250,000 Or More
1 grant

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
University of South Carolina Educational FoundationColumbia, SC$300,000112023
Helping Hands of GeorgetownGeorgetown, SC$130,000222024
Cypress AdventuresHartsville, SC$109,000222024
Columbia CollegeColumbia, SC$100,000112024
Community Foundation of the Lowcountry IncHilton Head, SC$100,000112024
Francis Marion University Education FoundationFlorence, SC$100,000112024
Junior Achievement of Greater South CarolinaColumbia, SC$100,000222024
South Carolina Governors School for Sci & Math Foundation IncColumbia, SC$100,000222024
South Carolina Independent Colleges and Universities IncColumbia, SC$100,000222024
Impact JusticeOakland, CA$97,000112024
A Fathers PlaceConway, SC$95,000112024
Communities in Schools of South CarolinaN Charleston, SC$90,000112023
Sight Savers America IncPelham, AL$80,000112024
Big Picture Company IncProvidence, RI$75,000222024
Teach My PeoplePawleys Isl, SC$60,000222024
Trent Hill Center for Children & FamiliesHartsville, SC$59,000112024
Greenville Literacy Association IncGreenville, SC$53,000112023
Anmed Health SystemAnderson, SC$52,000112024
Converse UniversitySpartanburg, SC$50,000112024
Kids on Point IncCharleston, SC$50,000112023
South Carolina State University Foundation IncOrangeburg, SC$50,000112024
Dreams Imagination & Gift Development Program - DigSimpsonville, SC$40,000112023
Greenville Chamber Foundation IncGreenville, SC$40,000112023
Lowcountry Youth ServicesCharleston, SC$40,000112023
South Carolina Technical College System FoundationColumbia, SC$40,000112023
Village GroupGeorgetown, SC$40,000112024
Original Six FoundationColumbia, SC$38,000112023
Fostering Great IdeasGreenville, SC$35,000112023
Hospital AuxiliaryHilton Head, SC$30,000112023
Richland County Public LibraryColumbia, SC$30,000112024
The Barbara Stone FoundationGreenville, SC$30,000112023
Upper Midlands Rural Health NetworkChester, SC$28,000112023
Richland Library Friends and FoundationColumbia, SC$26,000112023
Ashley Hall FoundationCharleston, SC$25,000112024
Columbia International UniversityColumbia, SC$25,000112023
Dorchester Economic Development CorporationSummerville, SC$25,000112023
Dyslexia Reseource CenterColumbia, SC$25,000112023
Liberty Steam Charter SchoolSumter, SC$7,500112024

7 of 38 (18%) received money in more than one year over the 2 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

What the money was for

Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 35 of 38 recipients we could match to a registered organization. The categories are the IRS's, not ours -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Education
16 orgs
Human Services
3 orgs
Health Care
3 orgs
Community Improvement
3 orgs
Youth Development
2 orgs
Philanthropy & Grantmaking
1 org
International Affairs
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
202324$1,250,000$39,000
202421$1,224,500$50,000

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

90% of its giving went to organizations in South Carolina. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

South Carolina
$2.2M
California
$97K
Alabama
$80K
Rhode Island
$75K

Down to the city

Columbia, SC
$884K
Georgetown, SC
$170K
Hartsville, SC
$168K
Greenville, SC
$158K
Hilton Head, SC
$130K
Charleston, SC
$115K

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Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

Central Carolina Community24 shared recipientsFidelity Investments Charitable Gift Fund23 shared recipientsDonor Advised Charitable Giving Inc18 shared recipientsAmerican Online Giving Foundation Inc17 shared recipientsDominion Energy Charitable Foundation15 shared recipientsCoastal Community Foundation of South14 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $40,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in South Carolina.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Where these numbers come from

Everything above is taken from South Carolina Student Loan Corp's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 5 returns (tax years 2020-2024). Grant figures are from its returns. Recipient classifications, the concentration and retention figures and the funders that support the same organizations are our own calculations from them, described in how we build this.

On its most recent return it told the IRS it made grants to 21 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: Po Box 8509, Columbia, SC, 29202.

EIN 57-0602805 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded.

Is something here wrong about your organization? Email [email protected] and we will correct it.