South Carolina Community Loan Fund
AI Summary
The South Carolina Community Loan Fund advances equitable access to capital, focusing on building assets and benefiting communities in need of economic opportunity. With an operating budget of $4.2 million and total revenue of $6.9 million, the organization receives substantial support from key funders, including FIDELITY INVESTMENTS CHARITABLE GIFT FUND and The Bank of America Charitable Foundation Inc. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
SOUTH CAROLINA COMMUNITY LOAN FUND (SCCLF) ADVANCES EQUITABLE ACCESS TO CAPITAL TO BUILD ASSETS AND BENEFIT THE COMMUNITIES AND PEOPLE MOST IN NEED OF ECONOMIC OPPORTUNITY.
Cause Areas
6
Health
Dining services
Food aid
Nutrition
Shelter and residential care
Housing services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is South Carolina Community Loan Fund’s budget?
In 2024, South Carolina Community Loan Fund reported an annual operating budget of around $4.2 million. More detailed financial information is available to registered users.
What causes does South Carolina Community Loan Fund support?
South Carolina Community Loan Fund supports work in Health, Dining services, Food aid, Nutrition, Shelter and residential care, and Housing services.
Where does South Carolina Community Loan Fund operate?
South Carolina Community Loan Fund is headquartered in Charleston, SC.
Who funded South Carolina Community Loan Fund recently?
In 2024, South Carolina Community Loan Fund received grants from MARY REYNOLDS BABCOCK FOUNDATION INCORPORATED, COASTAL COMMUNITY FOUNDATION, and OPPORTUNITY FINANCE NETWORK. More information on this organization’s funders is available to registered users.
What is the largest grant South Carolina Community Loan Fund received in 2024?
The largest grant to South Carolina Community Loan Fund in 2024 exceeds $225 thousand.
What is South Carolina Community Loan Fund’s reliance on government grants?
South Carolina Community Loan Fund relied on government grants for more than 30% of their total revenue in 2024.