Greenville Chamber Foundation Inc
- Assets
- $685.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 10/1971
- Data as of
- 12/2021
- EIN
- 23-7155502
Organization Overview
Greenville Chamber Foundation Inc is located in Greenville, SC. The organization was established in 1971. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenville Chamber Foundation 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, Greenville Chamber Foundation Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.0% each year . All expenses for the organization totaled $984.2k during the year ending 12/2021. While expenses have increased by 37.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RECEIVING FUNDS TO BENEFIT SCIENTIFIC, CHARITABLE, LITERARY AND EDUCATIONAL PROGRAMS OF THE GREATER GREENVILLE CHAMBER OF COMMERCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE CONTRIBUTIONS TO FURTHER THE CHARITABLE AND EDUCATIONAL PROGRAMS OF THE GREATER GREENVILLE CHAMBER OF COMMERCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Phillips Ceo/secretar | Officer | 1 | $0 |
Steven Buckingham Director | Trustee | 1 | $0 |
Rich Hagins Chair | Trustee | 1 | $0 |
Cal Hurst Treasurer | Trustee | 1 | $0 |
Phillip Kilgore Immediate Pa | Trustee | 1 | $0 |
Max Metcalf Vice-Chair | 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 | $1,157,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,157,468 |
| Total Program Service Revenue | $0 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,157,508 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $377,872 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,052 |
| Office expenses | $9,303 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,739 |
| Travel | $6,401 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,400 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $984,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $583,199 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $610 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,141 |
| Other assets | $0 |
| Total assets | $685,450 |
| Accounts payable and accrued expenses | $159,146 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $159,146 |
| Net assets without donor restrictions | $325,121 |
| Net assets with donor restrictions | $201,183 |
| 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 | $685,450 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Greenville Chamber Foundation Inc has recieved totaling $260,167.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $112,667 |
Hollingsworth Funds Inc Greenville, SC PURPOSE: PROJECT SUPPORT FOR ACCELERATE | $25,000 |
Graduate Network Inc Philadelphia, PA PURPOSE: SUBGRANT TO CARRY OUT THE OBJECTIVES OF BRIDGING THE TALENT GAP (BTTG) PROJECT | $20,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $18,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $18,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Medical Society Foundation Inc Raleigh, NC | $23,889,243 | $25,927,674 |
Foundation For Atlanta Veterans Education And Research Inc Decatur, GA | $10,222,891 | $13,848,947 |
Johnston-Lee-Harnett Community Action Incorporated Smithfield, NC | $2,342,060 | $13,580,773 |
International Society On Thrombosis And Haemostasis Inc Carrboro, NC | $25,182,348 | $9,872,487 |
Institute For Medical Research Inc Durham, NC | $6,550,784 | $5,925,427 |
Heineman-Robicsek Foundation Inc Charlotte, NC | $7,695,245 | $5,065,349 |
American Peanut Shellers Assoc Inc Albany, GA | $1,751,167 | $3,704,531 |
Associated General Contractors Of Georgia Inc Atlanta, GA | $12,373,819 | $3,538,884 |
Resilient Floor Covering Institute Lagrange, GA | $1,159,930 | $2,761,995 |
Renu Life Extended Goldsboro, NC | $6,294,449 | $3,251,107 |
Clinical Biotechnology Research Institute At Rsfh Ladson, SC | $257,664 | $843,816 |
Greenville Chamber Foundation Inc Greenville, SC | $685,450 | $1,157,508 |