South Carolina Code 63-11-910. Fund established
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(A) There is established the Children’s Trust Fund of South Carolina, an eleemosynary corporation, the resources of which must be used to award grants to private nonprofit organizations and qualified state agencies in order to stimulate a broad range of innovative child abuse and neglect prevention programs to meet critical needs of South Carolina’s children.
(B) The trust fund must accept gifts, bequests, and grants from any person or foundation. The trust fund must supplement and augment but not take the place of services provided by state agencies. A state agency is eligible to receive funds under this article only when the state agency:
Terms Used In South Carolina Code 63-11-910
- Child: means a person under the age of eighteen. See South Carolina Code 63-1-40
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(1) proposes a program that meets grant qualifications under this article; and
(2) provides matching funds in an amount at least equal to the grant to maximize the effectiveness of the grant.
(C) The board of directors for the trust fund shall carry out activities necessary to administer the fund including assessing service needs and gaps, soliciting proposals to address identified service needs, and establishing criteria for the awarding of grants.