Central Carolina Community Foundation
- Assets
- $200.3m
- Revenue
- $26.6m
- Investments
- $0.0
- Employees
- 12
- Location
- Columbia, SC
- Founding
- 07/1987
- Data as of
- 06/2021
- EIN
- 57-0793960
Organization Overview
Central Carolina Community Foundation is located in Columbia, SC. The organization was established in 1987. 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. As of 06/2021, Central Carolina Community Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Carolina Community 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 06/2021, Central Carolina Community Foundation generated $26.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $17.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Central Carolina Community Foundation has awarded 3,366 individual grants totaling $149,242,771. 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
WE PROMOTE, FACILITATE AND INCREASE PHILANTHROPY TO CREATE A SUSTAINABLE IMPACT WITHIN OUR COMMUNITY THROUGH RESPONSIBLE GIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ALLOCATIONS WERE MADE IN THE AREAS OF THE ARTS, HUMANITIES, EDUCATION, HEALTH CARE.THE ABOVE AMOUNT WAS MODIFIED FOR THOSE AGENCY ENDOWMENT FUNDS COVERED BY ASC 958.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Joann Turnquist President/ceo | Officer | 40 | $212,558 |
Mr Kevin Patten Vice President For Finance | 40 | $126,301 | |
Ms Michelle Hardy Vice President, Advancement | 40 | $124,088 | |
Ms Erin Johnson Vice President, Community Investment | 40 | $114,319 | |
Mr Van Anderson Board Member | Trustee | 1 | $0 |
Ms Sharon Bryant 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 | $16,277,992 |
| Noncash contributions included in lines 1a–1f | $3,147,636 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,277,992 |
| Total Program Service Revenue | $0 |
| Investment income | $5,363,015 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,764,332 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,646,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,130,512 |
| 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 | $1,002,172 |
| Pension plan accruals and contributions | $60,800 |
| Other employee benefits | $4,846 |
| Payroll taxes | $69,816 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,500 |
| Fees for services: Accounting | $16,589 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,747 |
| Advertising and promotion | $55,137 |
| Office expenses | $52,800 |
| Information technology | $47,971 |
| Royalties | $0 |
| Occupancy | $156,512 |
| Travel | $2,678 |
| 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 | $13,381 |
| Insurance | $184,372 |
| All other expenses | $0 |
| Total functional expenses | $17,047,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,524,810 |
| Savings and temporary cash investments | $2,820,552 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,800 |
| 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 | $43,264 |
| Net Land, buildings, and equipment | $5,108,534 |
| Investments—publicly traded securities | $168,208,562 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,593,846 |
| Total assets | $200,312,368 |
| Accounts payable and accrued expenses | $37,441 |
| 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 | $666,667 |
| Other liabilities | $20,502,955 |
| Total liabilities | $21,207,063 |
| Net assets without donor restrictions | $163,841,329 |
| Net assets with donor restrictions | $15,263,976 |
| 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 | $200,312,368 |
Grants Awarded
Over the last fiscal year, Central Carolina Community Foundation has awarded $14,377,895 in support to 401 organizations.
| Grant Recipient | Amount |
|---|---|
Columbia, SC PURPOSE: GENERAL SUPPORT | $811,857 |
Columbia, SC PURPOSE: GENERAL SUPPORT | $559,995 |
Charleston, SC PURPOSE: GENERAL SUPPORT | $500,000 |
Columbia, SC PURPOSE: GENERAL SUPPORT | $432,985 |
Chattanooga, TN PURPOSE: GENERAL SUPPORT | $399,956 |
Clemson, SC PURPOSE: GENERAL SUPPORT | $367,500 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Central Carolina Community Foundation has recieved totaling $2,280,775.
| Awarding Organization | Amount |
|---|---|
Duke Endowment Charlotte, NC PURPOSE: TO CONTINUE SUPPORTING THE ONE SC FUND IN ADDRESSING THE NEEDS OF SOUTH CAROLINIANS IMPACTED BY COVID-19. | $1,500,000 |
Reinvent Stockton Foundation Stockton, CA PURPOSE: GRANT FOR CITY TO LAUNCH ITS OWN GUARANTEED INCOME PILOT | $500,000 |
Michael J Mungo Foundation Inc Irmo, SC PURPOSE: SALUDA SHOALS PARK/MICHAEL'S GARDEN | $90,657 |
The Williams Brice Edwards Charitable Trust Sumter, SC PURPOSE: SPECIAL PROJECTS & MAIN STREET PRESERVATION PROJECT | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $65,000 |
Dorothy And Kenneth Heisler Foundation Las Vegas, NV PURPOSE: GENERAL SUPPORT | $35,000 |
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 |