Florence-Darlington Technical College Foundation Inc

Organization Overview

Florence-Darlington Technical College Foundation Inc is located in Florence, SC. The organization was established in 1979. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florence-Darlington Technical College 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 06/2022, Florence-Darlington Technical College Foundation Inc generated $284.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $302.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

RAISE MONIES THROUGH PRIVATE FUNDING TO BE USED FOR THE EDUCATIONAL BENEFITS OF STUDENTS. THE FOUNDATION DOES NOT DISCRIMINATE BASED ON RACE, COLOR, OR CREED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RAISE MONIES THROUGH PRIVATE FUNDING TO BE USED FOR EDUCATIONAL BENEFITS OF STUDENTS IN THE FORM OF FULL AND PARTIAL SCHOLARSHIPS TO FLORENCE DARLINGTON TECHNICAL COLLEGE.


RAISE MONIES THROUGH PRIVATE FUNDING TO BE USED FOR EDUCATIONAL BENEFITS OF STUDENTS IN THE FORM OF PROGRAM EXPENSES AT FLORENCE DARLINGTON TECHNICAL COLLEGE. THE PROGRAM EXPENSES INCLUDE, BUT ARE NOT LIMITED TO, THE PURCHASE OF NEEDED EQUIPMENT SUPPLIES IN VARIOUS DEPARTMENTS, SPECIALITY EQUIPMENT UTILIZED IN SPECIALITY TRAINING FOR VARIOUS CAREERS WITH MANUFACTURERS AND ADDITIONAL TRAINING PROGRAMS OFFERED THROUGH THE COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Dwayne Brockington
Treasurer
$0
Quinetta Buterbaugh
Member-At-La
$0
Danny Johnson
Vice Chair
$0
Jeff Payne
Member-At-La
$0
Marie Saleeby
Chair
$0
Wesley Ballou
Board Member
$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$225,248
Noncash contributions included in lines 1a–1f $10,000
Total Revenue from Contributions, Gifts, Grants & Similar$225,248
Total Program Service Revenue$0
Investment income $52,353
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 $284,921

Grants Awarded

Over the last fiscal year, Florence-Darlington Technical College Foundation Inc has awarded $3,483,822 in support to 2 organizations.

Grant RecipientAmount

GREATER LAKE CITY COMMUNITYDEVELOPMENT OFFICE

|

|

$2,602,057

DARLA MOORE FOUNDATION

|

|

$881,765
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Florence-Darlington Technical College Foundation Inc has recieved totaling $100,738.

Awarding OrganizationAmount
Drs Bruce & Lee Foundation

Florence, SC

PURPOSE: 2021-2022 ALLIED HEALTH SCHOLARSHIPS

$100,000
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$700
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$38
View Grant Recipient Profile

Endowment Analysis

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$62,113,692
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$48,905,633
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$54,024,496
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