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McLeod Health Foundation

Florence, SC · EIN 57-0818672 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

McLeod Health Foundation reported $16.5 million in revenue and $16.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $80.56 went to program services, $8.04 to management and general costs and $11.40 to fundraising. Its largest source of revenue was contributions and grants: 88.0% of the total. Government grants made up 26.9%. The highest compensation it reported for one person was $283,323 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 60% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
11.4%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.13$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
88.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
26.9%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$283,323$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.77%1.34%
People paid over $100,000
Part VII, line 2
127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
17.86.6
Independent voting board members
Part VI 1a–1b
21 of 2188.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$13M expenses · 100.0% of program spending · grants $12M

The mission of the Mcleod Health Foundation is to generate philanthropic and community support to perpetuate medical excellence at Mcleod Health. Thanks to the generosity of this region's citizens, the foundation has provided support for many programs at Mcleod Health. These programs include support for mcleod children's hospital, the guest house at mcleod, mcleod hospice, mcleod cancer center for treatment and research, and mcleod diabetes services just to name a few. Simply put, the foundation funds better health for thousands of families throughout northeastern south carolina and…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.0 hrs/week
$271,276$0$12,047$283,323

1 people received more than $100,000 in reportable compensation from McLeod Health Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $356K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$17M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$17M$16M80.6%$24M$283,323
FY2024 ⓘ$17M$16M87.2%$22M$234,140
FY2023 ⓘ$14M$11M82.4%$21M$332,805
FY2022 ⓘ$14M$12M82.9%$17M$381,071
FY2021 ⓘ$11M$9.1M83.5%$16M$435,037
FY2020 ⓘ$10M$9.8M85.3%$14M$820,668

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 520
  • Volunteers Part I, line 6229

Private foundation grants it received

7 private foundations reported grants to McLeod Health Foundation totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from McLeod Health Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for McLeod Health Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in South Carolina

Questions people ask

How much of McLeod Health Foundation's spending goes to programs?

In the fiscal year ending September 30, 2025, McLeod Health Foundation reported that 80.6% of its $16.0 million in expenses went to program services, 8.0% to management and general and 11.4% to fundraising (Form 990, Part IX).

How much does McLeod Health Foundation pay its top executive?

The largest total compensation McLeod Health Foundation reported for one person in the fiscal year ending September 30, 2025 was $283,323, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does McLeod Health Foundation get its money?

Of $16.5 million in revenue in the fiscal year ending September 30, 2025, 88.0% came from contributions and grants (including 26.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is McLeod Health Foundation a registered charity?

The IRS lists EIN 57-0818672 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642269349302924 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512249349302611 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442269349302264 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302279349300020 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242279349302284 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142239349301769 · read the filing

All filings for EIN 57-0818672: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.