Wateree Dreams Foundation
- Assets
- $920.6k
- Revenue
- $16.6k
- Investments
- $859.6k
- Employees
- 0
- Location
- Rock Hill, SC
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 56-2112579
Organization Overview
Wateree Dreams Foundation is located in Rock Hill, SC. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public 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. Wateree Dreams Foundation 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 12/2022, Wateree Dreams Foundation generated $16.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $95.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Wateree Dreams Foundation has awarded 94 individual grants totaling $678,263. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOFFORD COLLEGE429 NORTH CHURCH STREETSPARTANBURG, SC 29303
REFORMED THEOLOGICAL SEMINARY2101 CARMEL ROADCHARLOTTE,NC 28226
MEDICAL UNIVERSITY OF SOUTH CAROLINA18 BEE STREETCHARLESTON SC 29425
CHARLESTON SOUTHERN UNIVERSITYPO BOX 118087CHARLESTON SC 29423
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard K Carlisle President | 10 | $0 | |
Kay M Carlisle Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,137 |
| Dividends & Interest | $1,075 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,355 |
| Capital Gain Net Income | $3,355 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,567 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,522 |
| Contributions, gifts, grants paid | $87,020 |
| Total expenses and disbursements | $95,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,996 |
| 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 | $920,593 |
| 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, Wateree Dreams Foundation has awarded $87,020 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
REFORMED THEOLOGICAL SEMINARY PURPOSE: SCHOLARSHIPS | $36,000 |
EBENEZER ARP PURPOSE: EXPENSES | $15,600 |
USC LAW SCHOOL PURPOSE: SCHOLARSHIPS | $10,000 |
Charleston, SC PURPOSE: EXPENSES | $6,750 |
PALMETTO WOMENS CENTER PURPOSE: EXPENSES | $4,800 |
NORTH CHARLESTON DENTAL OUTREACH PURPOSE: EXPENSES | $3,870 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |
Make-A-Wish Foundation Of Georgia Inc Atlanta, GA | $3,516,569 | $5,599,948 |
Pbsa Community Engagement Inc Atlanta, GA | $11,515,237 | $4,451,967 |
Vertuassets Foundation Inc Alpharetta, GA | $9,269,385 | $6,216,167 |
Cherokee Preservation Foundation Inc Cherokee, NC | $54,218,085 | $8,542,068 |
Bruce Barclay Cameron Foundation Inc Wilmington, NC | $54,642,091 | $12,592,781 |
School Of Government Foundation Inc Chapel Hill, NC | $45,503,923 | $4,914,270 |