Encouragement Foundation Trust
- Assets
- $260.0k
- Revenue
- $253.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Pleasant, SC
- Founding
- 03/2000
- Data as of
- 12/2018
- EIN
- 31-6637537
Organization Overview
Encouragement Foundation Trust is located in Mt Pleasant, SC. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2018, Encouragement Foundation Trust generated $253.9k in total revenue. All expenses for the organization totaled $353.1k during the year ending 12/2018. While expenses have increased by 40.2% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brady Anderson Trustee | 1 | $0 | |
Betty W Anderson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,724 |
| Interest on Savings | $159 |
| Dividends & Interest | $4,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $226,015 |
| Capital Gain Net Income | $226,015 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $253,899 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,852 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,602 |
| Contributions, gifts, grants paid | $348,500 |
| Total expenses and disbursements | $353,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,953 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $259,953 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Encouragement Foundation Trust has awarded $348,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
North Charleston, SC PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $115,000 |
INTERNATIONAL AFRICAN AMERICAN MUSEUM PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $100,000 |
Charleston, SC PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $85,000 |
Orlando, FL PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $10,000 |
COASTAL COMMUNITY FOUNDATION FUND PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $7,500 |
EAST COOPER HABITAT FOR HUMANITY PURPOSE: UNRESTRICTED GIFT TO 501(C)(3) ORGANIZATION | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Darla Moore And Richard Rainwater Foundation Lake City, SC | $538,432,800 | $34,322,461 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |