Foothills Community Foundation
- Assets
- $31.5m
- Revenue
- $1.5m
- Investments
- $27.0m
- Employees
- 2
- Location
- Anderson, SC
- Founding
- 09/1999
- Data as of
- 06/2022
- EIN
- 58-2453349
Organization Overview
Foothills Community Foundation is located in Anderson, SC. The organization was established in 1999. 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 06/2022, Foothills Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foothills 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 06/2022, Foothills Community Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO NURTURE CHARITABLE WEALTH IN THE COMMUNITY FOR THE PERPETUAL BENEFIT OF THE PEOPLE IN THE SURROUNDING AREA. THE FOUNDATION CHANNELS GIFTS FROM PRIVATE AND CORPORATE DONORS TO A VARIETY OF CHARITABLE AND NONPROFIT ORGANIZATIONS IN THE SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO OTHER VARIOUS CHARITABLE AND NONPROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Dean Woods President | Officer | 40 | $118,394 |
D Gray Suggs Member | Trustee | 1 | $0 |
Maril Yeske Member | Trustee | 1 | $0 |
Theresa Knoepp Treasurer | Trustee | 1 | $0 |
Jeff Roberts Chairman | Trustee | 1 | $0 |
Sue Tuten Member | 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 | $3,443,597 |
| Noncash contributions included in lines 1a–1f | $604,503 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,443,597 |
| Total Program Service Revenue | $261,604 |
| Investment income | -$2,593,545 |
| 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 | $1,549,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,975,536 |
| 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. | $118,394 |
| Compensation of current officers, directors, key employees. | $44,398 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,865 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,412 |
| Payroll taxes | $15,322 |
| Fees for services: Management | $245,501 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,904 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,161 |
| Office expenses | $11,175 |
| Information technology | $12,595 |
| Royalties | $0 |
| Occupancy | $100,227 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60 |
| Interest | $1,671 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,191 |
| Insurance | $0 |
| All other expenses | $7,589 |
| Total functional expenses | $3,869,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,392,885 |
| Savings and temporary cash investments | $0 |
| 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 | $12,586 |
| Net Land, buildings, and equipment | $2,133,314 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $26,965,851 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,002,142 |
| Total assets | $31,506,778 |
| Accounts payable and accrued expenses | $35,073 |
| 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 | $27,244 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,718,244 |
| Total liabilities | $1,780,561 |
| Net assets without donor restrictions | $4,031,500 |
| Net assets with donor restrictions | $25,694,717 |
| 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 | $31,506,778 |
Grants Awarded
Over the last fiscal year, Foothills Community Foundation has awarded $488,725 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
LAKES AND BRIDGES CHARTER SCHOOL PURPOSE: EDUCATION | $74,067 |
Columbus, OH PURPOSE: EDUCATION | $50,000 |
Anderson, SC PURPOSE: CULTURAL DEVELOPMENT | $45,970 |
Anderson, SC PURPOSE: ROAD SIGNAGE FOR ANDERSON COUNTY | $41,950 |
DOCLINK PURPOSE: HEALTHCARE | $38,962 |
Anderson, SC PURPOSE: CULTURAL DEVELOPMENT | $35,215 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Foothills Community Foundation has recieved totaling $510,200.
| Awarding Organization | Amount |
|---|---|
Anmed Health Anderson, SC PURPOSE: AH DONOR ADVISED FUND | $500,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $100 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Community Foundation For Northeast Georgia Inc Duluth, GA | $80,665,782 | $22,483,820 |
Community Foundation Of The Lowcountry Inc Hilton Head Island, SC | $73,666,667 | $27,497,262 |
National Christian Charitable Foundation Inc Fort Mill, SC | $16,300,322 | $10,862,004 |
Community Foundation Of South Georgia Inc Thomasville, GA | $102,741,720 | $11,038,110 |
The Community Foundation For The Csra Augusta, GA | $104,773,368 | $16,442,862 |