Roper St Francis Foundation
The Roper St. Francis Foundation's mission is to advance the Roper St. Francis Healthcare mission of healing all people with compassion, faith, and excellence through philanthropy.
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$16.5M
Total Expenses
$9.5M
Net Assets
$46.7M
Employees
29
Volunteers
29
Grants Paid
$4.4M
Program Expense Ratio
46.8%
Fundraising Efficiency
499.8%
This nonprofit profile presents IRS Form 990 tax filing data for Roper St Francis Foundation (EIN: 57-1068509), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Roper St Francis Foundation is a 501(c)(3) nonprofit headquartered in Ladson, SC, founded in 1998. It is classified under NTEE code E80 (Health (Multipurpose)), within the Healthcare category. The organization has held tax-exempt status since 1987. In its 2024 filing, the organization reported $16.5M in total revenue, a 25.3% increase from the prior year, and $9.5M in total expenses. The organization employed 29 people and engaged 29 volunteers. Megan Baker MD, Board Member, Interim President RSF Foundation, is the highest-compensated individual at $980,327. The organization runs 1 program, totaling $4.4M in program expenses. 5 of 6 recommended governance policies are in place.
Roper St Francis Foundation is classified under NTEE code E80 (Health (Multipurpose)), which falls within the Healthcare category. Its foundation type is 15.
Programs(Tax Year 2024)
1 record
Roper St Francis Foundation operates 1 program, with total program expenses of $4.4M. Roper St Francis Foundation's largest program accounts for 100% of total program spending.
The Roper St. Francis Foundation supports the health and well-being of the coastal South Carolina counties served by Roper St. Francis Healthcare by securing philanthropic support for the System's priority capital and programmatic initiatives. The foundation is charged with identifying, securing, and managing financial resources to support facility projects and healthcare services for the system's four hospitals as well as additional facilities located across Lowcountry. In 2024, the Foundation raised $11.5 million to advance the non-profit System's mission.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, Roper St Francis Foundation's revenue has grown from $8.0M to $16.5M, a 106.7% increase. Program expenses represent 47% of total spending.
Revenue increased 25.3% year-over-year, while expenses declined 4.7%. net assets rose to $46.7M, up 9.0% from the prior year. the organization reduced headcount by 2 employees.
Roper St Francis Foundation derives 70% from contributions and grants, with 33% from investment income.
Revenue is diversified across contributions and grants (70%), investment income (33%).
Roper St Francis Foundation allocates 47% to programs, 29% to management and general, 24% to fundraising.
Revenue grew by 25.3% while expenses declined by only 4.7%, suggesting improving operational efficiency.
Roper St Francis Foundation distributed $4.4M in grants to other organizations and individuals, representing 47% of total expenses.
Over 6 filings from 2019–2024, Roper St Francis Foundation grew revenue from $8.0M to $16.5M (+106.7%) while maintaining a program expense ratio of 47%. During this period, the organization grew from 9 to 29 employees.
Roper St Francis Foundation holds $48.4M in total assets against $1.7M in liabilities (debt-to-asset ratio of 4%). The organization has 59.0 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $16.5M | $11.5M | $0 | $0 | $5.5M |
| 2023 | $13.2M | $11.8M | $0 | $0 | $1.8M |
| 2022 | $6.0M | $4.9M | $0 | $0 | $1.8M |
| 2021 | $16.0M | $8.0M | $107K | $0 | $8.0M |
| 2020 | $5.1M | $4.3M | $1.6M | $0 | $525K |
| 2019 | $8.0M | $6.6M | $1.7M | $0 | $1.2M |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $9.5M | $4.4M | $2.8M | $2.3M | $4.4M |
| 2023 | $10.0M | $3.9M | $2.6M | $2.2M | $3.9M |
| 2022 | $13.0M | $8.6M | $1.8M | $2.6M | $8.6M |
| 2021 | $6.6M | $4.1M | $1.2M | $1.3M | $4.1M |
| 2020 | $6.2M | $4.0M | $1.0M | $1.2M | $4.0M |
| 2019 | $7.9M | $6.2M | $767K | $887K | $5.6M |
Program Expense Ratio
46.8%
Admin Expense Ratio
28.9%
Fundraising Efficiency
499.8%
Operating Reserve
59.0 mo
People & Compensation(Tax Year 2024)
42 records
Roper St Francis Foundation reported compensation for 42 officers and key employees. Total officer compensation was $5.7M, representing 60.2% of total expenses. 7 individuals received total compensation exceeding $500,000.
Roper St Francis Foundation's highest-compensated individual received $980K in total compensation. Total officer compensation of $5.7M represents 60.2% of total expenses. 7 individuals received total compensation exceeding $500,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| Megan Baker MD | Board Member, Interim President RSF Foundation | OfficerDirector | 5.00 | $0 | $901,811 | $980,327 |
| Marissa Blair Jamarik PhD | Board Member, RSFH SVP & Chief Nursing Officer | Director | 0.50 | $0 | $621,894 | $767,709 |
| Stanley Wilson MD | Board Member, RSFH AVP CMO - Quality & Cont Care | Director | 0.50 | $0 | $616,237 | $659,638 |
| Matthew Desmond | Board Member, RSFH Chief Transformation Officer & President - BSSF/MPH | Director | 0.50 | $0 | $552,522 | $642,764 |
| Troy Powell | Board Member, Regional President - RH/BH & VP Continuing Care | Director | 0.50 | $0 | $518,180 | $609,237 |
| Joseph DeLeon | Board Member, RSFH President/CEO | Director | 0.50 | $0 | $532,392 | $602,447 |
| Stacy Waters | Secretary, VP & President RSF Foundation | Officer | 50.00 | $531,622 | $0 | $547,752 |
| Brian Pecor | Senior Director of Development | Highest Comp | 50.00 | $253,615 | $0 | $280,640 |
| Anne Sass | Senior Director Grant Services | Highest Comp | 50.00 | $168,196 | $0 | $188,945 |
| Suzie Smith | Major Gifts Director | Highest Comp | 50.00 | $130,820 | $0 | $150,923 |
| Maureen Tokarczyk | Senior Director Donor Engagement & Annual Giving | Highest Comp | 50.00 | $127,689 | $0 | $149,794 |
| Margaret Slaughter | Strategic Research & Analytics Director | Highest Comp | 50.00 | $101,732 | $0 | $143,400 |
| G Frederick Worsham MD | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Gregory M Parker | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Henry Greer | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Hope Gazes Grayson | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Jack Hibbits | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Jeremy Willits | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Karl Green | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Len Howell | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Matthew O'Steen MD | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Page Bullington | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Richard Clapp | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Robert D Fairey | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Robert Mason | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Sandy Klein | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Steve Mungo | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Steven P Bottcher | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Tommy Hall | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Trudy H Robertson | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Wendy Wellin | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Cladius Bud E Watts IV | Vice Chairperson & Treasurer | OfficerDirector | 0.50 | $0 | $0 | $0 |
| David Ellison MD | Chairperson | OfficerDirector | 0.50 | $0 | $0 | $0 |
| Amy S McMarlin | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Carole W King | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Charles Cole | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Charles Ford Rivers III | Board Member | Director | 0.50 | $0 | $0 | $0 |
| David Kimm | Board Member | Director | 0.50 | $0 | $0 | $0 |
| David Verbance | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Elizabeth Saal | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Eric Laster | Board Member | Director | 0.50 | $0 | $0 | $0 |
| Eugene J Zurlo | Board Member | Director | 0.50 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
Megan Baker MD
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Joseph DeLeon
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Matthew Desmond
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Troy Powell
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Marissa Blair Jamarik PhD
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Stanley Wilson MD
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Stacy Waters
Base Salary
$347,965
Bonus
$166,932
Other Reportable
$16,725
Retirement/Deferred
$5,816
Nontaxable Benefits
$10,314
Brian Pecor
Base Salary
$151,964
Bonus
$32,693
Other Reportable
$68,958
Retirement/Deferred
$11,863
Nontaxable Benefits
$15,162
Suzie Smith
Base Salary
$103,545
Bonus
$17,161
Other Reportable
$10,114
Retirement/Deferred
$6,018
Nontaxable Benefits
$14,085
Anne Sass
Base Salary
$103,340
Bonus
$21,393
Other Reportable
$43,463
Retirement/Deferred
$7,495
Nontaxable Benefits
$13,254
Governance & Compliance(Tax Year 2024)
Roper St Francis Foundation has 5 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 34 members, 29 of whom are independent.
Roper St Francis Foundation's financial statements are audited, an audit committee oversees the process.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2024)
6 records
Roper St Francis Foundation awarded $4.2M across 6 grants to organizations. Top recipients include Roper St Francis Healthcare (LADSON, SC) — $1.8M for mission support; Roper Hospital Inc (Charleston, SC) — $1.0M for mission support; Roper St Francis Physicians Network (CHARLESTON, SC) — $719K for mission support.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| Roper St Francis Healthcare570831165 | LADSON, SC | $1.8M | MISSION SUPPORT |
| Roper Hospital Inc570828733 | Charleston, SC | $1.0M | MISSION SUPPORT |
| Roper St Francis Physicians Network262946628 | CHARLESTON, SC | $719K | MISSION SUPPORT |
| Bon Secours St Francis Xavier Hospital571067254 | Charleston, SC | $642K | MISSION SUPPORT |
| Roper St Francis Hospital-Berkeley inc263710229 | Summerville, SC | $16K | MISSION SUPPORT |
| Roper St Francis Mt Pleasant Hospital570360499 | Mount Pleasant, SC | $8K | MISSION SUPPORT |
Fundraising & Events(Tax Year 2024)
Roper St Francis Foundation held fundraising events including Annual gala ($118K).
Named Events
annual gala
Gross: $117,500
Supplemental Financial Data(Tax Year 2024)
The endowment stands at $16.7M, with $114K in new contributions.
Filing History(Tax Years 1987–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $16.5M | $9.5M | $46.7M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $13.2M | $10.0M | $42.8M |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $6.0M | $13.0M | $37.0M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $16.0M | $6.6M | $50.0M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $5.1M | $6.2M | $46.0M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $8.0M | $7.9M | $41.4M |
| 1987–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Roper St Francis Foundation do?
The Roper St. Francis Foundation's mission is to advance the Roper St. Francis Healthcare mission of healing all people with compassion, faith, and excellence through philanthropy.
How much revenue does Roper St Francis Foundation have?
Roper St Francis Foundation reported $16,479,841 in total revenue for tax year 2024, up 25.3% from the prior year.
Who is the highest-paid executive at Roper St Francis Foundation?
Megan Baker MD, Board Member, Interim President RSF Foundation, received $980,327 in total compensation as of tax year 2024.
Is Roper St Francis Foundation a 501(c)(3)?
Yes, Roper St Francis Foundation is classified as a 501(c)(3) tax-exempt organization.
Where is Roper St Francis Foundation located?
Roper St Francis Foundation is headquartered in Ladson, SC 29456.
How many employees does Roper St Francis Foundation have?
Roper St Francis Foundation has 29 employees and 29 volunteers as of tax year 2024.
What type of nonprofit is Roper St Francis Foundation?
Roper St Francis Foundation is classified under NTEE code E80 (Health (Multipurpose)), within the Healthcare category. It is a 501(c)(3) tax-exempt organization.
Is Roper St Francis Foundation audited?
Yes, Roper St Francis Foundation's financial statements are audited, and the organization has an audit committee.
How much does Roper St Francis Foundation spend on fundraising?
Roper St Francis Foundation reported $2,304,507 in fundraising expenses for tax year 2024, which represents 24.3% of total expenses.
Does Roper St Francis Foundation give grants?
Yes, Roper St Francis Foundation distributed $4,444,995 in grants to other organizations and individuals in tax year 2024. Top recipients include Roper St Francis Healthcare, Roper Hospital Inc, Roper St Francis Physicians Network.
Does Roper St Francis Foundation hold fundraising events?
Roper St Francis Foundation reports fundraising event activities.
Data Source
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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