Congaree Foundation
- Assets
- $8.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Houston, TX
- Founding
- 08/2016
- Data as of
- 12/2020
- EIN
- 81-1718705
Organization Overview
Congaree Foundation is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Congaree Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Congaree 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 12/2020, Congaree Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $492.5k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EDUCATION, RELIEVE POVERTY AND PROVIDE ASSISTANCE TO DISADVANTAGED YOUNG PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONGAREE FOUNDATION'S PURPOSE IS TO POSITIVELY IMPACT THE LIVES OF YOUNG PEOPLE, LOCALLY AND AROUND THE GLOBE, BY PROVIDING EDUCATIONAL AND VOCATIONAL OPPORTUNITIES THROUGH THE GAME OF GOLF.THE CONGAREE FOUNDATION HOSTS THE CONGAREE GLOBAL GOLF INITIATIVE TO HELP ACADEMICALLY COMMITTED AND TALENTED YOUNG GOLFERS WITH LIMITED RESOURCES EXPAND THEIR OPTIONS AND ACCESS TO POST-SECONDARY EDUCATION AND ATHLETIC SCHOLARSHIPS. THE FOUNDATION PARTNERS WITH COMMUNITY NONPROFITS AND LOCAL GOLF ORGANIZATIONS TO OFFER GOLF INSTRUCTION, WORKFORCE TRAINING OPPORTUNITIES AND SUPPORT PROGRAMS TO YOUNG PEOPLE AND FAMILIES IN THE SOUTH CAROLINA LOWCOUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Schwinger Vice President & Director | OfficerTrustee | 0.1 | $0 |
Kimberley A Jacobson Secretary & Director (to May 2021) | OfficerTrustee | 0.5 | $0 |
Marcus A Watts President & Director | OfficerTrustee | 0.5 | $0 |
Sandra Sena Treasurer | Officer | 0.5 | $0 |
Paige B Larrabee Secretary (fr June 2021) | Officer | 0.25 | $0 |
Eric F Williamson Director | Trustee | 0.5 | $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 | $1,546,096 |
| Noncash contributions included in lines 1a–1f | $123,673 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,546,096 |
| Total Program Service Revenue | $0 |
| Investment income | $15,586 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$68,055 |
| Net Gain/Loss on Asset Sales | -$1,520 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,492,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $119,983 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,516 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $134,488 |
| Advertising and promotion | $28,943 |
| Office expenses | $0 |
| Information technology | $915 |
| Royalties | $0 |
| Occupancy | $201,150 |
| Travel | $3,909 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,914 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $450 |
| Total functional expenses | $492,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $649,018 |
| Savings and temporary cash investments | $5,301,926 |
| 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 | $2,241,940 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $53,967 |
| Total assets | $8,246,851 |
| Accounts payable and accrued expenses | $53,692 |
| 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 | $53,692 |
| Net assets without donor restrictions | $8,178,159 |
| Net assets with donor restrictions | $15,000 |
| 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 | $8,246,851 |
Grants Awarded
Over the last fiscal year, Congaree Foundation has awarded $160,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Hilton Head Island, SC PURPOSE: General support | $100,000 |
Bluffton, SC PURPOSE: Lauch Program | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Congaree Foundation has recieved totaling $1,292,469.
| Awarding Organization | Amount |
|---|---|
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $520,000 |
Davis Family Foundation Hanover, MD PURPOSE: GENERAL USE | $250,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $205,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $50,000 |
Morse Charitable Foundation Inc Detroit, MI PURPOSE: GENERAL FUND | $50,000 |
Kilrea Foundation 23-06787 01 Chicago, IL PURPOSE: GENERAL | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Be A Champion Inc Houston, TX | $5,613,914 | $22,726,007 |
Tejano Center For Community Concerns Inc Houston, TX | $42,145,856 | $27,013,865 |
Tulsa Educare Inc Tulsa, OK | $26,958,930 | $20,318,102 |
Cityscape Schools Inc Dallas, TX | $31,786,183 | $16,269,782 |
Bcfs Education Services San Antonio, TX | $2,820,092 | $13,804,336 |
Momentous Institute Dallas, TX | $14,833,442 | $11,793,188 |
Ekhaya Youth Project New Orleans, LA | $903,085 | $13,654,605 |
Young Americans For Liberty Inc Austin, TX | $6,971,187 | $15,618,179 |
Stand For The Silent Inc Perkins, OK | $889,186 | $11,940,386 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Kids Are First Carrizo Springs, TX | $3,476,023 | $8,458,663 |
Boys & Girls Club Of Central Texas Inc Killeen, TX | $2,385,650 | $6,347,689 |