MCLEOD HEALTH FOUNDATION

EIN: 570818672 501(c)(3) Health Care

FLORENCE, SC

Total Revenue
$16,725,616
Total Expenses
$16,067,000
Total Assets
$32,288,828
Net Assets
$22,402,353
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
SC
Principal Officer
DONNA ISGETT
Phone
8437772256
Tax Period
2023-10-01 to 2024-09-30

MCLEOD HEALTH FOUNDATION, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $16.7M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $16.1M left a modest 4% surplus.

Mission

THE MISSION OF MCLEOD HEALTH FOUNDATION IS TO GENERATE PHILANTHROPIC AND COMMUNITY SUPPORT TO PERPETUATE MEDICAL EXCELLENCE AT MCLEOD HEALTH.

Program Service Accomplishments

Program 1
Expenses: $14,004,188

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...

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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 SOUTHEASTERN NORTH CAROLINA. MCLEOD HEALTH FOUNDATION WAS PROUD TO BE A PART OF THE INITIATIVES DESCRIBED IN MORE DETAIL IN SCHEDULE O.THE MCLEOD CENTER FOR CANCER TREATMENT AND RESEARCH RECEIVED GRANT FUNDING TO HELP BRING TECHNOLOGY UP TO DATE WITH SPECIALIZED EQUIPMENT TO MEET THE STANDARD OF CARE THAT ENHANCES THE CARE FOR CANCER PATIENTS. GRANT FUNDING WAS ALSO PROVIDED FOR THE HELPING ONCOLOGY PATIENTS EVERYDAY (HOPE) FUND. THE HOPE FUND PROVIDES ASSISTANCE TO ONCOLOGY PATIENTS THROUGH VARIOUS MEANS INCLUDING: TRANSPORTATION EITHER THROUGH GAS CARDS OR VAN TRANSPORT TO THE CANCER CENTER FOR TREATMENT; MEDICATION ASSISTANCE FOR PATIENTS WHO CANNOT AFFORD EMERGENTLY NEEDED MEDICATIONS ASSOCIATED WITH THEIR CANCER DIAGNOSIS; EDUCATIONAL MATERIALS FOR THE CANCER CENTER LIBRARY AND FOR PATIENTS TO TAKE HOME; AND ITEMS FOR THE HOPE CART, A CART OF MATERIALS INCLUDING MAGAZINES, BOOKS, HEADPHONES AND SNACKS THAT HELP THE PATIENTS PASS THE TIME DURING THEIR TREATMENTS IN THE CANCER CENTER. THE HOPE FUND ALSO SUPPORTS OTHER IMMEDIATE NEEDS INCLUDING FOOD INSECURITIES, HOME MEDICAL EQUIPMENT, SHOES, GLASSES, AND DENTURES. THE LUNG CANCER SCREENING PROGRAM RECEIVED GRANT FUNDING TO PROVIDE LOW-DOSE CT SCANS FOR PATIENTS FACING FINANCIAL HARDSHIP. LUNG CANCER RANKS AS THE LEADING CAUSE OF CANCER-RELATED DEATHS IN THE U.S., TAKING MORE LIVES THAN BREAST, PROSTATE, AND COLORECTAL CANCERS COMBINED. ACCORDING TO THE NATIONAL LUNG CANCER SCREENING TRIAL, HEAVY SMOKERS CAN SIGNIFICANTLY REDUCE THEIR CHANCES OF DYING FROM LUNG CANCER WITH AN ANNUAL LOW-DOSE CT SCAN. THE MAMMOGRAM SCREENING PROGRAM RECEIVED FUNDING TO PROVIDE MAMMOGRAMS FOR WOMEN HAVE LIMITED FINANCIAL RESOURCES. USING 3D TECHNOLOGY, THESE MAMMOGRAMS PROVIDE EARLY DETECTION AND DIAGNOSIS. NUMEROUS STUDIES HAVE SHOWN THAT WHEN BREAST CANCER IS DIAGNOSED EARLY, IT HAS A CURE RATE OF GREATER THAN 90 PERCENT. MCLEOD HOSPICE RECEIVED A GRANT TO SUPPORT THE HOSPICE PROGRAM, WHICH OFFERS PALLIATIVE (PAIN MANAGEMENT) AND HOSPICE CARE FOR PATIENTS IN NEED OF THESE SERVICES. MCLEOD HOSPICE SERVES 11 COUNTIES FROM THE MIDLANDS TO THE COAST IN SOUTH CAROLINA, WHICH INCLUDES FLORENCE, DARLINGTON, DILLON, HORRY, LEE, MARION, CHESTERFIELD, MARLBORO, CLARENDON, SUMTER AND WILLIAMSBURG COUNTIES.THE MCLEOD HOSPICE MISSION, IN PART, IS TO PROVIDE CARE FOR ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. THROUGH THE SUPPORT OF THE MCLEOD FOUNDATION, THESE HOSPICE PATIENTS WILL CONTINUE TO RECEIVE INPATIENT CARE AT THE MCLEOD HOSPICE HOUSE, NEEDED MEDICATIONS AND SUPPLIES, AND HOME VISITS BY MCLEOD HOSPICE STAFF. THE GRANT ALSO PROVIDES FUNDING FOR BEREAVEMENT SERVICES, A CHILDREN'S GRIEF CAMP, AND MUSIC THERAPY. AN ADDITIONAL GRANT PROVIDED FUNDING FOR THE BUTTERFLY FUND. THIS FUND SUPPORTS HOSPICE AND PALLIATIVE CARE PATIENTS WITH LIMITED FINANCIAL RESOURCES TO ASSIST WITH DIRECT NEEDS THAT COULD BE A BARRIER TO THEIR CARE. THE MCLEOD HEART AND VASCULAR INSTITUTE WAS AWARDED FUNDING TO HELP BRING TECHNOLOGY UP TO DATE WITH SPECIALIZED EQUIPMENT TO MEET THE STANDARD OF CARE THAT ENHANCES THE CARE FOR CARDIAC PATIENTS. THEY ALSO RECEIVED GRANT FUNDING TO BENEFIT CONGESTIVE HEART FAILURE AND CARDIAC REHABILITATION PATIENTS. THE GRANT HELPS PROVIDE THE NECESSARY SUPPLIES AND EQUIPMENT FOR CONGESTIVE HEART FAILURE PATIENTS TO SELF-MANAGE THEIR DISEASE AND IMPROVE THEIR QUALITY OF LIFE. MCLEOD CARDIAC REHABILITATION IS AVAILABLE TO PATIENTS WHO ARE RECOVERING FROM A HEART ATTACK, OPEN-HEART SURGERY, HAVE STABLE ANGINA, OR HAVE A HIGH RISK FOR HEART DISEASE. THIS GRANT ALLOWS CARDIAC REHABILITATION TO INCREASE THE QUANTITY AND IMPROVE THE QUALITY OF EXERCISE EQUIPMENT OFFERED TO PATIENTS. THIS EXPANSION ALSO ALLOWS THE PROGRAM TO PROVIDE SERVICES TO ADDITIONAL CARDIAC AND PULMONARY PATIENTS. THE CARDIAC REHABILITATION PROGRAM AT MCLEOD DILLON AND MCLEOD CHERAW ALSO WERE GRANTED FUNDING FOR PATIENT SCHOLARSHIPS AND EQUIPMENT. THROUGH THESE SCHOLARSHIPS, FINANCIALLY CHALLENGED PATIENTS ARE ABLE TO ATTEND AND RECEIVE VALUABLE CARDIAC MONITORING AND DAILY BLOOD PRESSURE AND PULSE MONITORING WHILE COMPLETING A SPECIALIZED EXERCISE ROUTINE. A GRANT AWARDED TO THE MCLEOD DIABETES PROGRAM FOR ADULTS AND CHILDREN PROVIDES SCHOLARSHIPS FOR PATIENTS TO RECEIVE DIABETES-TESTING SUPPLIES AND FOLLOW-UP EDUCATION SERVICES TO HELP THEM MANAGE THEIR DISEASES. THE GRANT ALSO ALLOWS THE PROGRAM TO CONTINUE DELIVERING THE HIGHEST QUALITY OF PROGRAMS AND SERVICES TO PATIENTS BOTH IN THE INPATIENT AND OUTPATIENT SETTINGS, AND AT COMMUNITY SCREENINGS AND HEALTH FAIRS AS WELL AS PROVIDING SUPPORT FOR CHILDREN TO ATTEND A DIABETES CAMP TO LEARN ABOUT MANAGING THEIR ILLNESSES. MCLEOD HOME HEALTH WAS GRANTED FUNDING FOR THE MCLEOD HOME HEALTH CARE PROGRAM TO ASSIST HOME HEALTH PATIENTS WHO ARE NOT ABLE TO PURCHASE NEEDED MEDICATIONS, TRANSPORTATION FOR MEDICAL TREATMENT, MEDICAL SUPPLIES, NUTRITIONAL NEEDS, EDUCATIONAL MATERIALS, AND EQUIPMENT. IT ALSO ASSISTS IN PAYING VARIOUS COST OF LIVING EXPENSES. MCLEOD CHILDREN'S HOSPITAL, PEDIATRIC INTENSIVE CARE UNIT (PICU) AND NEONATAL INTENSIVE CAR (NICU) RECEIVED FUNDING TO HELP BRING TECHNOLOGY UP TO DATE THAT ENHANCES THE CARE FOR THIS PEDIATRIC POPULATION. ADDITIONALLY, FUNDS ARE HELPING TO CONTINUE PROGRAMS SUCH AS CHILD LIFE ACTIVITIES, PEDIATRIC REHABILITATION PROGRAMS AND EQUIPMENT, AS WELL AS SPECIALIZED EQUIPMENT FOR CHRONICALLY ILL PEDIATRIC PATIENTS. GRANT FUNDING ALSO HELPED SUPPORT VOLUNTEER PROGRAMS AS WELL AS PROVIDED ASSISTANCE FOR THE HERO FUND (HELP ELIMINATE AND REMOVE OBSTACLES) FOR PEDIATRIC PATIENTS. THE HERO FUND IS USED TO BRIDGE THE GAP FOR CHILDREN AND THEIR FAMILIES WHO ARE EXPERIENCING FINANCIAL STRUGGLES. THIS INCLUDES ASSISTANCE WITH SERVICES SUCH AS PROVIDING FORMULA FOR BABIES GOING HOME FROM THE NICU (NEONATAL INTENSIVE CARE UNIT) PRIOR TO RECEIVING COMMUNITY RESOURCES, CLOTHING FOR CHILDREN WHO ARE VICTIMS OF TRAUMA OR ABUSE, SPECIALIZED CAR SEATS FOR CHILDREN WITH DISABILITIES, BRIDGING THE GAP FOR PEDIATRIC MEDICATIONS AND MANY OTHER UNIQUE AND PRESSING NEEDS.A GRANT WAS AWARDED TO THE MCLEOD CHILDREN'S HOSPITAL NEONATAL INTENSIVE CARE UNIT (NICU) TO SUPPORT DONOR BREAST MILK FOR NICU BABIES THAT CANNOT BE FED THEIR OWN MOTHER'S BREAST MILK, AS WELL AS FUNDING TO PROVIDE A COMPREHENSIVE AND COORDINATED REGIONAL PERINATAL CARE SYSTEM EMPHASIZING PROFESSIONAL EXPERTISE, COMMUNICATION, COORDINATION, AND EDUCATION. THIS INCLUDES REGIONAL SYSTEM DEVELOPMENT, OBSTETRIC OUTREACH EDUCATION, NEONATAL OUTREACH EDUCATION, MATERNAL AND NEONATAL TRANSPORT COORDINATION, BACK TRANSPORTS, CONSULTATION AND FOLLOW-UP WITH REFERRING PHYSICIANS AND HOSPITALS, AND DATA COLLECTION AND EVALUATION. ADDITIONAL FUNDING WAS PROVIDED TO SUPPORT SPECIALIZED EQUIPMENT NEEDED IN THE TREATMENT OF THESE BABIES, MANY WEIGHING LESS THAN TWO POUNDS. A GRANT WAS AWARDED TO PERINATAL OUTREACH REGIONALIZATION TO OPTIMIZE PERINATAL CARE AND ENHANCE THE MANAGEMENT OF HIGH-RISK MATERNAL AND NEONATAL CARE IN OUR REGION OF SOUTH CAROLINA. MCLEOD SAFE KIDS PEE DEE/COASTAL WAS AWARDED GRANT FUNDING FOR THE OPERATION OF INJURY PREVENTION PROGRAMS AND INITIATIVES. THESE INITIATIVES EXPAND THE WORK OF SAFE KIDS THROUGHOUT THE PEE DEE AND COASTAL AREAS AND INCLUDE RELATIONSHIPS WITH THE CHILDREN'S TRUST OF SOUTH CAROLINA, SOUTH CAROLINA HIGHWAY PATROL, FLORENCE POLICE AND FIRE DEPARTMENTS, HORRY COUNTY FIRE AND RESCUE, FLORENCE COUNTY SHERIFF'S OFFICE, MYRTLE BEACH POLICE, MARION COUNTY FIRE, AND LOCAL SCHOOLS. FORENSIC NURSE EXAMINER (FNE) PROGRAM WAS AWARDED GRANT FUNDING TO ADDRESS THE NEED FOR AN FNE (FORENSIC NURSE EXAMINER), ALSO KNOWN AS A SANE (SEXUAL ASSAULT NURSE EXAMINER) PROGRAM AT MCLEOD REGIONAL MEDICAL CENTER. THE PROGRAM SERVES VICTIMS OF SEXUAL ASSAULT BY PROVIDING EXPERT TRAUMA INFORMED CARE, COLLECTION OF FORENSIC EVIDENCE, APPROPRIATE REFERRALS TO POST ASSAULT AFTER-CARE, AS WELL AS COURT TESTIMONY DURING TRIALS OF CASES PROSECUTED.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,004,470
Program Service Revenue $0
Investment Income $1,622,051
Other Revenue $99,095
TOTAL REVENUE $16,725,616

Expense Breakdown

Grants Paid $13,310,374
Salaries & Benefits $1,448,451
Fundraising Expenses $1,710,294
Program Expenses $14,004,188
Other Expenses $1,308,175
TOTAL EXPENSES $16,067,000

Year-over-Year Comparison

2023 2022 Change
Revenue $16,725,616 $13,627,230 +0.2%
Expenses $16,067,000 $10,911,168 +0.5%
Net Income $658,616 $2,716,062 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
23
Independent Members
23
Employees
16
Volunteers
231

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$234,140
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
C PIERCE CAMPBELL TRUSTEE/CHAIR 1.00
Officer Director
$0 $0 $0
ROBERT H SASSER III TRUSTEE/VICE-CHAIR 1.00
Officer Director
$0 $0 $0
JARROD B TIPPINS TRUSTEE/TREASURER 1.00
Officer Director
$0 $0 $0
JENNIFER H YACOUBIAN TRUSTEE/SECRETARY 1.00
Officer Director
$0 $0 $0
C DAWN ARNETTE TRUSTEE 1.00
Director
$0 $0 $0
MENDEL J BELL TRUSTEE 1.00
Director
$0 $0 $0
VICKI CHUNG DMD PC TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY E CUNNINGHAM TRUSTEE 1.00
Director
$0 $0 $0
JULIUS JULE ELDRIDGE III TRUSTEE 1.00
Director
$0 $0 $0
BRIAN L FAST TRUSTEE 1.00
Director
$0 $0 $0
E DANIEL GUYTON MD TRUSTEE 1.00
Director
$0 $0 $0
BEVERLY S HAZELWOOD TRUSTEE 1.00
Director
$0 $0 $0
KAREN R HILL MD TRUSTEE 1.00
Director
$0 $0 $0
VIRGINIA CLYBURN-IPOCK MD TRUSTEE 1.00
Director
$0 $0 $0
LAURA M MARECHAL TRUSTEE 1.00
Director
$0 $0 $0
ELISABETH K MCNIEL TRUSTEE 1.00
Director
$0 $0 $0
MICHEAL A OUZTS TRUSTEE 1.00
Director
$0 $0 $0
J MARVIN OWEN TRUSTEE 1.00
Director
$0 $0 $0
VIRGINIA N SULLIVAN TRUSTEE 1.00
Director
$0 $0 $0
SHIRLEY H MEIERE TRUSTEE 1.00
Director
$0 $0 $0
GRADY F MOORE TRUSTEE 1.00
Director
$0 $0 $0
REV CHARLES J RANDALL TRUSTEE 1.00
Director
$0 $0 $0
CARRINGTON S WINGARD TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH JONES EXECUTIVE DIRECTOR 40.00
Officer
$226,041 $8,099 $234,140
JILL BRAMBLETT FORMER EXECUTIVE DIRECTOR 40.00
$145,208 $27,439 $172,647
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $16,725,616 $16,067,000 $32,288,828 $658,616
2023 $13,627,230 $10,911,168 $27,847,011 $2,716,062
2022 $14,062,934 $12,033,430 $21,679,285 $2,029,504
2021 $10,718,448 $9,147,025 $18,821,181 $1,571,423
2020 $10,345,040 $9,794,421 $16,699,520 $550,619
2019 $9,891,069 $8,122,407 $16,293,581 $1,768,662
2018 $8,785,390 $9,487,661 $14,257,369 $-702,271
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