GrantmakersSouth Carolina

South Carolina Student Loan Corp

Columbia, SC · EIN 57-0602805. Reported 24 grants totalling $1,250,000 to 24 organizations across tax years 2023, on Form 990 Schedule I.

24organizations funded
$39,000median reported grant
$1,250,000granted, 2023
24%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. 24 distinct organizations, with 24% 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.

How big are its grants?

The median reported grant is $39,000. Half of what it reported fell between $30,000 and $50,000; the smallest was $25,000 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.
$25,000 - $50,000
16 grants
$50,000 - $100,000
7 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
Communities in Schools of South CarolinaN Charleston, SC$90,000112023
Junior Achievement of Greater South CarolinaColumbia, SC$75,000112023
South Carolina Independent Colleges and Universities IncColumbia, SC$75,000112023
Greenville Literacy Association IncGreenville, SC$53,000112023
Cypress AdventuresHartsville, SC$50,000112023
Kids on Point IncCharleston, SC$50,000112023
South Carolina Governors School for Sci & Math Foundation IncColumbia, SC$50,000112023
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
Original Six FoundationColumbia, SC$38,000112023
Fostering Great IdeasGreenville, SC$35,000112023
Helping Hands of GeorgetownGeorgetown, SC$30,000112023
Hospital AuxiliaryHilton Head, SC$30,000112023
Teach My PeoplePawleys Isl, SC$30,000112023
The Barbara Stone FoundationGreenville, SC$30,000112023
Upper Midlands Rural Health NetworkChester, SC$28,000112023
Richland Library Friends and FoundationColumbia, SC$26,000112023
Big Picture Company IncProvidence, RI$25,000112023
Columbia International UniversityColumbia, SC$25,000112023
Dorchester Economic Development CorporationSummerville, SC$25,000112023
Dyslexia Reseource CenterColumbia, SC$25,000112023

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 each recipient's own IRS classification, for the 22 of 24 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Education
9 orgs
Community Improvement
3 orgs
Human Services
2 orgs
International Affairs
1 org
Recreation & Sports
1 org
Youth Development
1 org
Housing & Shelter
1 org

Where its money goes

98% 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
$1.2M
Rhode Island
$25K

Down to the city

Columbia, SC
$654K
Greenville, SC
$158K
N Charleston, SC
$90K
Charleston, SC
$90K
Hartsville, SC
$50K
Simpsonville, SC
$40K

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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 the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

Central Carolina Community15 shared recipientsDominion Energy Charitable Foundation12 shared recipientsDonor Advised Charitable Giving Inc10 shared recipientsCoastal Community Foundation of South9 shared recipientsFidelity Investments Charitable Gift Fund9 shared recipientsAmerican Online Giving Foundation Inc8 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 $39,000 -- 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 4 returns (tax years 2020-2023). Nothing here is scraped, inferred or estimated.

On its most recent return it told the IRS it made grants to 24 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, which is the best available predictor of who it will fund next.

Is something here wrong about your organization? Email hello@funderscope.com and we will correct it.