South Carolina Quantum Association

COLUMBIA, SC EIN: 88-1303438 Website

SOUTH CAROLINA QUANTUM ASSOCIATION'S (SCQA) MISSION IS TO CHAMPION THE ADVANCEMENT OF QUANTUM TALENT AND TECHNOLOGY IN SOUTH CAROLINA.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.3M

-21.5% YoY

Annual Giving

$282K

-43.7% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$141K

-71.8% YoY

About South Carolina Quantum Association

Based on IRS filings

South Carolina Quantum Association is a nonprofit organization focused on Education, based in COLUMBIA, SC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $11.3M in total assets. In 2024, it awarded 2 grants totaling $282K. Net investment income was $490K.

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $782K (100%)

States

South Carolina

Cities

Columbia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$11,268,986	$14,362,488	$175
Revenue	$4,919,661	$928,945	$13,645
Expenses	$3,563,530	$873,519	$13,470
Qualifying Distributions	—	—	—
Net Investment Income	$490,347	$48,700	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The South Carolina Technical College System Foundation ($250,000), Univeristy of South Carolina ($31,700).

Recipient	Purpose	Amount
THE SOUTH CAROLINA TECHNICAL COLLEGE SYSTEM FOUNDATION COLUMBIA, SC	CREATE OPPORTUNITY PROGRAM TO TRAIN INDIVIDUALS IN THE FIELD OF SOFTWARE DEVELOPMENT.	$250,000
UNIVERISTY OF SOUTH CAROLINA COLUMBIA, SC	GRANTS GIVEN TO CENTER FOR SALES SUCCESS AND A SEMESTER PROGRAM AT USC	$31,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CURTIS LEE	SECRETARY	7	$20,000
DR JOAN MARLER	DIRECTOR	5	$20,000
CHIP HUGGINS	DIRECTOR	5	$6,000
HERBERT DRAYTON III	TREASURER	10	$20,000
JAMES H HODGES	CHAIR	5	$20,000
JOE QUEENAN	EXECUTIVE DIRECTOR	50	$277,046

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is South Carolina Quantum Association?

South Carolina Quantum Association is a nonprofit organization focused on Education, based in COLUMBIA, SC. It holds $11.3M in total assets as of 2024.

How large is South Carolina Quantum Association?

As of 2024, South Carolina Quantum Association holds $11.3M in total assets with $4.9M in annual revenue. It awarded 2 grants totaling $282K in 2024.

Where does South Carolina Quantum Association operate?

South Carolina Quantum Association has awarded grants in South Carolina.

What size grants does South Carolina Quantum Association award?

In 2024, South Carolina Quantum Association awarded 2 grants totaling $282K — an average of about $141K per grant, based on its IRS Form 990 filings.

What is South Carolina Quantum Association's EIN?

South Carolina Quantum Association's EIN (Employer Identification Number) is 88-1303438. IRS Form 990 filing data is available on this page for 2022–2024.