Organizations Filed Purposes:
THE PURPOSE OF THE CORPORATION IS TO RECEIVE, DISBURSE AND ADMINISTER FUNDS FOR EDUCATIONAL PURPOSES WITHOUT PECUNIARY GAIN OR PROFIT. ADDITIONALLY, THE PURPOSE OF THE CORPORATION IS TO AID IN THE FULFILLMENT OF THE DESIRE AND DIRECTION OF THE PEOPLE OF SOUTH CAROLINA IN MAKING LOANS AVAILABLE TO RESIDENTS TO ENABLE THEM TO ATTEND ELIGIBLE INSTITUTIONS WHICH ARE BEYOND THE PUBLIC SCHOOL LEVEL. THE CORPORATION IS ALSO EMPOWERED TO ACT AS AN AGENT FOR OTHER INSTITUTIONS AND FOUNDATIONS TO RECEIVE, INVEST, HANDLE AND DISBURSE FUNDS, AND TO SERVICE STUDENT LOANS, GUARANTEES OF STUDENT LOANS, INSURANCE OF STUDENT LOANS AND ACQUISITIONS OF CONTINGENT INTEREST IN STUDENT LOANS FOR OTHER PRIVATE, OR GOVERNMENTAL INSTITUTIONS AND FOUNDATIONS. IN GENERAL, THE CORPORATION ENGAGES IN AND CARRIES ON THE FUNCTION OF MAKING, HANDLING, SERVICING, AND DEALING WITH STUDENT LOANS, THE RECEIVING, INVESTING AND DISBURSING OF FUNDS, AND ALL THINGS INCIDENT THERETO, PROVIDED THAT NO ACTIVITY SHALL BE
PROVIDE STUDENT LOANS TO ELIGIBLE BORROWERS FOR HIGHER EDUCATION AND SERVICE THE LOANS UNTIL PAID BY THE BORROWERS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| David A Simon Iii | PRESIDENT & CEO | 35 | $408,932 |
| Jane Honeycutt | VP OF FINANCIAL SERVICES (UNTIL 8/14/2020) | 35 | $202,997 |
| Ralph Jones | VP OF LOAN PROGRAMS | 35 | $120,403 |
| Marsha King | VP OF OPERATIONS | 35 | $115,530 |
| Sara Fisher | DIRECTOR OF POWER:ED | 35 | $112,150 |
| Jennifer Ridenhour | SECRETARY | 35 | $106,014 |
| Mike Fox | DIRECTOR OF OUTREACH | 35 | $103,679 |
| Fred L Green Iii | TREASURER | 1 | $30,000 |
| Renee R Brooks | CHAIR | 1 | $30,000 |
| Harry R Brown | DIRECTOR | 1 | $26,000 |
| Neil E Grayson | CO-VICE CHAIR | 1 | $25,000 |
| J Thornton Kirby Esq | CO-VICE CHAIR | 1 | $19,000 |
| Charlie C Sanders Jr | DIRECTOR | 1 | $18,000 |
| Jason Caskey Cpa | DIRECTOR | 1 | $15,000 |
| A Neill Cameron Jr | DIRECTOR | 1 | $15,000 |
| Barbara F Weston | DIRECTOR | 1 | $15,000 |
| Gautam S Ghatnekar Dvm Ph D | DIRECTOR | 1 | $14,000 |
| Bill Bochette | CFO & COO (BEGINNING 6/30/2020) | 35 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202140469349301729_public.xml