2024-10-24T08:41:52-05:00 2024-06-30 570381582 ELLIOTT DAVIS LLCPLLC 2151 PICKENS STREET SUITE 200 COLUMBIA SC 29201 990 2023-07-01 576024933 EDUCATIONAL FOUNDATION SOUTH CAROLINA BANKERS ASSOCIATION EDUC 8037790850 POST OFFICE BOX 1483 COLUMBIA SC 29202 RICHARDS H GREEN SCBA CHIEF OPERATING OFFICER 8037790850 2024-10-23 1 1 MARY BAILEY P01708660 8032560002 2024-10-23 2023 2024-10-15 13:58:12Z RICHARDS H GREEN PO BOX 1483 COLUMBIA SC 29202 89336 0 X N/A X 1960 SC TO AID BANKING EDUCATION BY PROVIDING SCHOLARSHIPS TO COLLEGE STUDENTS 5 5 0 5 0 0 34041 35091 0 0 50806 28386 0 1000 84847 64477 60000 63000 0 0 0 0 0 0 0 13269 10891 73269 73891 11578 -9414 1300950 1421257 0 0 1300950 1421257 TO AID BANKING EDUCATION BY PROVIDING SCHOLARSHIPS TO COLLEGE STUDENTS. 0 0 65113 63000 RAISE FUNDS AND AWARD SCHOLARSHIPS TO COLLEGE STUDENTS. 65113 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 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 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 SC X ISRAEL REEVES 8037790850 POST OFFICE BOX 1483 COLUMBIA SC 29202 FLEETWOOD S HASSELL IMMEDIATE PAST CHAIRMAN 0.30 0.30 X X 0 0 0 H RICHARD STURM FIRST VICE CHAIRMAN 0.30 0.30 X X 0 0 0 BOYD B JONES CHAIRMAN 0.30 0.30 X X 0 0 0 SAMUEL R SMALL JR TREASURER 0.30 0.30 X X 0 0 0 JENNIFER T JONES CHAIRMAN - ELECT 0.30 0.30 X X 0 0 0 FRED L GREEN III SCBA PRESIDENT & CEO 1.00 45.00 X 0 610055 62626 RICHARDS H GREEN SCBA COO 1.00 40.00 X 0 189513 39849 0 799568 102475 0 0 1 0 0 35091 35091 28386 28386 24859 35091 24859 0 OTHER REVENUE 900099 1000 1000 1000 64477 1000 0 28386 63000 63000 1000 1000 7778 7778 SCHOLARHSIP RECEPTION C 2113 2113 73891 65113 8778 0 7110 7088 1293840 1414169 1300950 1421257 0 0 X 1300950 1421257 1300950 1421257 1300950 1421257 -9414 129721 0 X X 0 1 X 0 0 X 24061 29392 33541 35091 122085 24061 29392 33541 35091 122085 122085 28691 20343 26144 32326 28386 135890 1000 1000 258975 0.47140 0.46560 X 0 OTHER INVESTMENTS 1414169 F 1414169 X 219057 129721 24859 154580 64477 0 64477 98750 24859 24859 73891 0 73891 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND ITS SUBSIDIARIES AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF AN UNCERTAIN POSITION HAS BEEN TAKEN THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION AND ITS SUBSIDIARIES, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION AND ITS SUBSIDIARIES ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ASSOCIATION BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR ANY STATE JURISDICTIONS FOR YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE NETTED WITH REVENUE 24,859. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE NETTED WITH REVENUE 24,859. GOLF TOURNAMENT 59950 35091 24859 24859 59950 35091 24859 24859 24859 0 1 SCHOLARSHIPS 60 63000 PART I, LINE 2: EDUCATIONAL FOUNDATION SOUTH CAROLINA BANKERS ASSOCIATION AND RELATED ORGANIZATION SOUTH CAROLINA BANKERS ASSOCIATION (57-0248460) HAVE A SELECTION COMMITTEE THAT REVIEWS ALL APPLICATIONS AND SELECTS RECIPIENTS. 0 0 0 0 0 0 0 0 0 FRED L GREEN III SCBA PRESIDENT & CEO 0 440055 0 170000 0 0 0 52350 0 10276 0 672681 0 0 RICHARDS H GREEN SCBA COO 0 157006 0 32507 0 0 0 27350 0 12499 0 229362 0 0 FORM 990, PART VI, SECTION B, LINE 11B AN OFFICER OR DIRECTOR REVIEWS AND SIGNS THE RETURN. A COPY OF THE RETURN IS PRESENTED AND DISCUSSED WITH THE BOARD PRIOR TO ITS FILINGS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IN THE EVENT OF A POTENTIAL CONFLICT THAT PERSON WILL RECUES THEMSELVES FROM ALL DISCUSSION AND/OR VOTE ON THE MATTER IN QUESTION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SOUTH CAROLINA BANKERS ASSOCIATION PO BOX 1483 COLUMBIA SC 29202 570248460 MEMBER BANKS' SERVICES SC 501(C)(6) YES 0 SCBA SERVICES INC PO BOX 1483 COLUMBIA SC 29202 570732324 BANK SERVICES SC N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0