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WHATGIVES Summer 2018

CCF\'s Newsletter, What Gives? - Summer 2018 Edition

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(Left) Bill Medich, South State Bank Executive Vice President and Charleston Regional President; (middle) Patti Byrd, South State Bank Assistant VP, Private Banking;<br />

(right) South State Bank’s lobby, packed for CCF’s Bridge Philanthropists launch party this past fall.<br />

“CCF works to<br />

support all efforts<br />

to improve the<br />

community. I look<br />

at the Foundation<br />

as a group that<br />

funnels information<br />

and resources at a<br />

larger scale, and<br />

then disseminates<br />

[those things]<br />

where needed.”<br />

- Patti Byrd,<br />

South State Bank<br />

Assistant Vice<br />

President, Private<br />

Banking<br />

South State Bank<br />

Community Partnership Program Produces Results<br />

When you step into the lobby of South State Bank on Charleston’s<br />

historic Broad Street, the vaulted ceilings and marble floors belie<br />

what’s about to happen… you are about to be greeted by the<br />

most friendly, down-to-earth and caring banking staff you may<br />

ever encounter.<br />

Even before a mention of a meeting with Regional President Bill<br />

Medich, several employees were greeting and assisting—this was<br />

more than just a dose of expected southern hospitality. A man,<br />

waving down from the polished bronze second floor balcony<br />

railing of the grand old building, volunteered to lead the way.<br />

Mr. Medich’s stellar community reputation precedes him. His<br />

service on the Spoleto Festival USA Board among many notable<br />

bio items—including his longtime involvement at CCF—made<br />

being shown to the “head honcho’s” office a bit nerve wracking.<br />

The appointment was to speak with Bill about South State’s<br />

unwavering involvement in the Community Partnership<br />

Program—the Foundation’s annual, tiered fundraising campaign<br />

to gather the unrestricted dollars necessary to operate at proper<br />

capacity and effectively steward $280 million in philanthropic<br />

assets.<br />

The nerves soon melted away since Bill and everyone else were as<br />

genuine and welcoming as the lobby team. The mindset that “a<br />

bank can only be as successful as the community it serves” makes<br />

it second nature for Bill—who has been a banker his entire life,<br />

and here in Charleston for 23 years—to volunteer in several sectors<br />

and remain heavily involved in nonprofits at the local level, along<br />

with his employees and their families.<br />

“We don’t have a ‘corporate’ perspective on giving and volunteering.<br />

We think as residents of the community. We have 650<br />

employee families who are residents. They live here, play here, go<br />

to school here, and are strongly vested here,” he notes. “Whether<br />

it is coaching little league, teaching Bible school, volunteering at<br />

the synagogue, or serving on nonprofit boards, our support of the<br />

community is driven by the interests of our employees.” He adds<br />

that giving people a genuine feeling of purpose at work results<br />

in very little turnover and adds to South State’s teambuilding.<br />

Over a decade ago, Bill was looking for another volunteer opportunity<br />

at an organization that he felt could really “make a difference.”<br />

That’s how he found CCF and the Grants Committee—his<br />

gateway into community foundation work.<br />

When describing his learning curve about the many aspects of<br />

foundation philanthropy, Bill says it’s sometimes “difficult to<br />

concisely explain without getting into the weeds.”<br />

This knowledge and recognition of the Foundation’s complexity<br />

is no doubt what makes him so passionate about describing CCF.<br />

For Bill, beyond learning acronyms and fund types, foundation<br />

philanthropy faces a common misconception of a community<br />

savings account, just sitting here with an open supply of capital to<br />

be deployed at the Foundation’s discretion. He explains, “It really<br />

is about connection. Informing and connecting donors to things<br />

that are important in the community, and making connections<br />

to the things that are important to the donors.” Bill respects and<br />

applauds the Foundation’s expertise in managing endowed capital<br />

and deploying it in a strategic way. He also applauds the next<br />

generation getting involved and giving back, including South<br />

State’s young leader, Private Banker Patti Byrd.<br />

12 coastalcommunityfoundation.org

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