The Charles W And Elizabeth H Coker Foundation
- Assets
- $19.0m
- Revenue
- $702.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Darlington, SC
- Founding
- 02/1975
- Data as of
- 12/2022
- EIN
- 23-7440877
Organization Overview
The Charles W And Elizabeth H Coker Foundation is located in Darlington, SC. The organization was established in 1975. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Charles W And Elizabeth H Coker 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 12/2022, Charles W And Elizabeth H Coker Foundation generated $702.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $593.3k during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles W And Elizabeth H Coker Foundation has awarded 65 individual grants totaling $2,589,727. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O. THE FOUNDATION PROVIDES SUPPORT FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY AND EDUCATIONAL ACTIVITIES THAT BENEFIT THE GREATER HARTSVILLE, SOUTH CAROLINA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS GIVEN PROVIDE SUPPORT TO ORGANIZATIONS IN THE GREATER HARTSVILLE, SOUTH CAROLINA AREA IN ACCORDANCE WITH THE STIPULATIONS IN THE TRUST AGREEMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles W Coker Chairman | OfficerTrustee | 0.75 | $0 |
Charles J Hupfer Treasurer | OfficerTrustee | 0.25 | $0 |
Gloria Bell Trustee | Trustee | 0.25 | $0 |
John Florence Trustee | Trustee | 0.25 | $0 |
Howard Tucker Trustee | Trustee | 0.25 | $0 |
Edward Fort Trustee | Trustee | 0.25 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $531,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $171,651 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $702,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $502,000 |
| 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. | $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 | $1,405 |
| Fees for services: Accounting | $7,276 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,050 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $4,389 |
| All other expenses | $1,190 |
| Total functional expenses | $593,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $170,713 |
| 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 | $18,818,518 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,989,231 |
| 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 | $0 |
| 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 | $18,989,231 |
| Total liabilities and net assets/fund balances | $18,989,231 |
Grants Awarded
Over the last fiscal year, The Charles W And Elizabeth H Coker Foundation has awarded $497,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NATIONAL RED CROSS PURPOSE: GENERAL PURPOSE | $15,000 |
BUTLER ACADEMY PURPOSE: GENERAL PURPOSE | $100,000 |
COKER UNIVERSITY PURPOSE: GENERAL PURPOSE | $250,000 |
COMMUNITY FOUNDATION FOR A BETTER HARTSVILLE PURPOSE: GENERAL PURPOSE | $10,000 |
FREE MEDICAL CLINIC OF DARLINGTON COUNTY PURPOSE: GENERAL PURPOSE | $25,000 |
HARTSVILLE COMMUNITY CHORUS INC PURPOSE: GENERAL PURPOSE | $7,000 |