Make-A-Wish Foundation South Carolina meets the 20 Standards for Charity Accountability.
BBB Wise Giving Alliance Note
In finding that MAW South Carolina meets Standard 8, which calls for a minimum of 65% of total expenses being spent on program activities, BBB WGA considered that, although the audited financial statements for the fiscal year ended August 31, 2021, report total program expenses of $1487,094 or 57% of total expenses, program expenses were significantly affected by COVID-19 restrictions. During the fiscal year ended August 31, 2020 and 2019, MAW South Carolina spent 65% and 70% of total expenses on programs.
Make-A-Wish Foundation South Carolina (MAW South Carolina) grants wishes to children in all 46 counties in the state. As reported by the charity, to be eligible for a wish, a child must be between the ages of 2 ? and 18 and have a physician affirm that they have a qualifying critical illness. Through wishes, MAW South Carolina aims to provide children hope in a time of uncertainty and help foster a return to normalcy. The organization reports that wishes provide children and their families an escape from the stress and worries associated with battling a critical illness, giving them a much-needed respite.
For the year ended August 31, 2021, Make-A-Wish Foundation South Carolina's program expenses were:
Wish Granting |
$1,487,094 |
Total Program Expenses: |
$1,487,094 |
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Chief Executive
Misty Farmer, President and Chief Executive Officer
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Compensation*
$134,204
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Chair of the Board
Ryan Neville
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Chair's Profession / Business Affiliation
Managing Partner, Spitz & Neville, LLC
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Board Size
15
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Paid Staff Size
17
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 21% of related contributions. (Related contributions, which totaled $3,870,913 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Make-A-Wish Foundation South Carolina's audited financial statements for the year ended August 31, 2021.
Source of Funds |
Public contributions |
$2,367,468 |
Special events, net |
$943,630 |
Grants |
$345,975 |
Forgiveness of PPP loan |
$213,840 |
Other income |
$13,500 |
Investment income |
$87 |
Total Income |
$3,884,500 |
- Programs: 58%
- Fundraising: 31%
- Administrative: 11%
Total Income |
$3,884,500 |
Program expenses |
$1,487,094 |
Fundraising expenses |
$816,652 |
Administrative expenses |
$288,268 |
Other expenses |
$0 |
Total expenses: |
$2,592,014 |
Income in Excess of Expenses |
$1,292,486 |
Beginning Net Assets |
$1,753,642 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$3,046,128 |
Total Liabilities |
$466,626 |
Total Assets |
$3,512,754 |
Note: According to the organization's audited financial statements for the year ended August 31, 2021, MAW South Carolina received in-kind contributions of $233,879 including wish-related contributions ($216,237), advertising and media ($3,000), and other ($14,642).