Investsc Inc.
Investsc Inc.
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for Investsc Inc.? Learn more here.
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.
About this organization
Revenue
$6,639,500
Expenses
$3,860,720
Mission
Promoting economic development within South Carolina
About
Investsc was formed in 2007 by the SC Jobs and Economic Development Authority to operate a venture capital investment program which the state of SC considered to be its burden. In accordance with IRC Reg 1.501(c)(3)-1(d)(2), Investsc lessens this burden by providing the seed capital for enterprises in SC so as to help strengthen the state's economic base and to support the economic development goals of SC.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “Investsc is committed to promoting economic development within the state of sc by providing an invaluable resource for capital to companies looking to locate or expand within the state.”.
When referring to its tasks, they were described as: “Promoting economic development within south carolina”.
- The non-profit is operating legally in the state of SC.
- The non-profit's address for the year 2020 is listed as 1201 MAIN STREET NO 1600, COLUMBIA, SC, 29201 in the filing.
- The form submitted by the non-profit organization for 2020 reports 1 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,778,780.
- The organization has 2 independent voting members.
- The organization was formed in 2007.
- The organization pays $52,369 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.