Eastern Carolina Communityfoundation Inc
- Assets
- $17.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Florence, SC
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 20-4654550
Organization Overview
Eastern Carolina Communityfoundation Inc is located in Florence, SC. The organization was established in 2006. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Carolina Communityfoundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Eastern Carolina Communityfoundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $799.7k during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Eastern Carolina Communityfoundation Inc has awarded 119 individual grants totaling $1,645,757. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTERING GIFTS, GRANTS, AND BEQUESTS TO NON-PROFIT ORGANIZATIONS IN THE PEE DEE REGION OF SC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SUPPORT PHILANTRHOPIC ENDEAVORS IN THE SEVEN COUNTY PEE DEE REGION OF SOUTH CAROLINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Belle Zeigler Current Executive Director | Officer | 40 | $66,200 |
Thomas Kennedy Secretary | OfficerTrustee | 1 | $0 |
Floyd L Keels Treasurer | OfficerTrustee | 1 | $0 |
Mary Finklea Chair | OfficerTrustee | 1 | $0 |
Mike Miller Vice Chair | OfficerTrustee | 1 | $0 |
Ricky Coxe Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $871,879 |
| Noncash contributions included in lines 1a–1f | $104,104 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $871,879 |
| Total Program Service Revenue | $16,103 |
| Investment income | $59,517 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $292,816 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,240,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $630,942 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,200 |
| Compensation of current officers, directors, key employees. | $33,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,065 |
| Fees for services: Management | $6,434 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,818 |
| Office expenses | $55,907 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $794 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $666 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $799,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,894 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,730 |
| Net Land, buildings, and equipment | $3,852 |
| Investments—publicly traded securities | $17,360,223 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,714,699 |
| Accounts payable and accrued expenses | $4,127 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,564,864 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,568,991 |
| Net assets without donor restrictions | $7,145,708 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,714,699 |
Grants Awarded
Over the last fiscal year, Eastern Carolina Communityfoundation Inc has awarded $360,598 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Georgetown, SC PURPOSE: CONSERVATION OF NATURAL AND CULTURAL RESOURCES AT THE SC COAST NEAR GEORGETOWN, SC | $50,000 |
Florence, SC PURPOSE: MINISTRY | $37,364 |
Florence, SC PURPOSE: CHRIST CENTERED COMMUNITY PROVIDING HOPE & SERVING THE NEEDS OF THE HOMELESS | $32,800 |
Florence, SC PURPOSE: PROMOTE THE LOCAL SYMPHONY IN THE FLORENCE AREA | $29,103 |
Florence, SC PURPOSE: PROVIDE A SAFE PLACE FOR BOYS AND GIRLS TO LEARN AND GROW | $28,867 |
Marion, SC PURPOSE: A MEMORIAL PARK AND MUSEUM DEDICATED TO BRINGING ALL PEOPLE TOGETHER | $25,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eastern Carolina Communityfoundation Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
D G Brungard Foundation W Dundee, IL PURPOSE: BASKIN MUSIC ENDOWMENT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Community Foundation Inc Raleigh, NC | $442,779,010 | $109,848,330 |
Triangle Community Foundation Durham, NC | $302,593,887 | $28,260,487 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC | $293,333,431 | $80,143,972 |
The Community Foundation Of Western North Carolina Inc Asheville, NC | $422,748,745 | $38,320,270 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC | $268,212,461 | $40,395,887 |
Community Foundation Of Greenville Inc Greenville, SC | $110,749,055 | $32,278,412 |
Spartanburg County Foundation Spartanburg, SC | $213,613,348 | $29,550,562 |
North Georgia Community Foundation Gainesville, GA | $121,312,465 | $29,287,202 |
Central Carolina Community Foundation Columbia, SC | $200,312,368 | $26,646,536 |
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA | $203,858,921 | $35,593,899 |
High Point Community Foundation High Point, NC | $114,170,503 | $14,778,667 |
Community Foundation Of Central Georgia Inc Macon, GA | $156,226,670 | $20,534,365 |