Foundation For A Greater Greenwood County Inc
- Assets
- $887.9k
- Revenue
- $701.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Greenwood, SC
- Founding
- 07/2000
- Data as of
- 06/2021
- EIN
- 57-1083411
Organization Overview
Foundation For A Greater Greenwood County Inc is located in Greenwood, SC. The organization was established in 2000. 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. Foundation For A Greater Greenwood County 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 06/2021, Foundation For A Greater Greenwood County Inc generated $701.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $65.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (22.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Foundation For A Greater Greenwood County Inc has awarded 12 individual grants totaling $185,000. 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
THE FOUNDATION FOR A GREATER GREENWOOD COUNTY INC. (THE "FOUNDATION") WAS ORGANIZED TO SUPPORT THE ACTIVITIES OF THE PARTNERSHIP FOR A GREATER GREENWOOD COUNTY, INC TO SUPPORT CHARITABLE ACTIVITIES WITH A STRATEGIC FOCUS ON WORKFORCE DEVELOPMENT AND COMMUNITY DEVELOPMENT INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING WORKFORCE DEVELOPMENT (INCLUDING ACTIVITIES CARRIED OUT BY THE PROMISE) AND COMMUNITY DEVELOPMENT INITIATIVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Self Executive Di | Officer | 15 | $27,041 |
Art Bush Vice Chair | OfficerTrustee | 5 | $0 |
Thornwell Dunlap III Secretary/tr | OfficerTrustee | 5 | $0 |
Kristin Manske Vice Chair | OfficerTrustee | 5 | $0 |
James Pfeiffer Chair | OfficerTrustee | 5 | $0 |
Tim Burke Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $664,218 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $694,218 |
| Total Program Service Revenue | $0 |
| Investment income | $138 |
| 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 | $701,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $27,041 |
| Compensation of current officers, directors, key employees. | $4,056 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $5,100 |
| Office expenses | $5,930 |
| Information technology | $3,437 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $622 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $711 |
| All other expenses | $0 |
| Total functional expenses | $65,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,957 |
| Savings and temporary cash investments | $825,919 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $887,876 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $887,876 |
| Net assets with donor restrictions | $0 |
| 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 | $887,876 |
Grants Awarded
Over the last fiscal year, Foundation For A Greater Greenwood County Inc has awarded $60,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Greenwood, SC PURPOSE: SALES TAX POSITION | $20,000 |
Greenwood, SC PURPOSE: SALES TAX POSITION | $20,000 |
Greenwood, SC PURPOSE: COMMUNITY INDICATORS | $10,000 |
Greenwood, SC PURPOSE: COMMUNITY INDICATORS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For A Greater Greenwood County Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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 |