St Lukes Foundation Of Hilton Head Inc
- Assets
- $558.5k
- Revenue
- $46.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hilton Head Island, SC
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 45-2633682
Organization Overview
St Lukes Foundation Of Hilton Head Inc is located in Hilton Head Island, SC. The organization was established in 2011. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Lukes Foundation Of Hilton Head 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 12/2022, St Lukes Foundation Of Hilton Head Inc generated $46.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $49.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, St Lukes Foundation Of Hilton Head Inc has awarded 21 individual grants totaling $163,586. 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
TO MANAGE INVESTMENT AND ENDOWMENT FUNDS, ADMINISTER SCHOLARSHIP PROGRAMS AND MAKE GRANTS TO OTHER CHARITABLE ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECEIVED UNRESTRICTED DONATIONS TOTALING $19,450. MADE GRANTS AND DONATIONS TOTALING $35,703 TO PRISON MINISTRY, COLLEGE SCHOLARSHIP FUNDS, CHURCH COLUMBARIUM MAINTENANCE AND OTHER CHARITABLE ORGANIZATIONS
MANAGED INVESTMENT ASSETS TO GENERATE INCOME AND INCREASE ASSET VALUES
DISBURSED FUNDS TO THE ESTHER PROJECT WHICH PROVIDES FINANCIAL AID TO NEEDY FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark King Board Member | Trustee | 1 | $0 |
Jennifer Thompson Board Member | Trustee | 1 | $0 |
Forest Frank Board Member | Trustee | 1 | $0 |
Peter Hunter Chairman | Officer | 2 | $0 |
Bill Phillips Treasurer | Officer | 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 | $19,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,450 |
| Total Program Service Revenue | $0 |
| Investment income | $12,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,306 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,344 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,864 |
| 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 | $0 |
| Fees for services: Accounting | $2,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,879 |
| Fees for services: Other | $448 |
| 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 | $3,536 |
| All other expenses | $52 |
| Total functional expenses | $49,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $558,482 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $558,482 |
| 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 | $156,853 |
| Net assets with donor restrictions | $401,629 |
| 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 | $558,482 |
Grants Awarded
Over the last fiscal year, St Lukes Foundation Of Hilton Head Inc has awarded $38,812 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE PRISON MINISTRY PURPOSE: PRISON MINISTRY | $5,010 |
PALM BEACH ATLANTIC UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $2,500 |
CLEMSON UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $10,000 |
UNIVERSITY OF SOUTH CAROLINA PURPOSE: SCHOLARSHIP FUND | $2,500 |
DAILY BREAD FOOD PANTRY PURPOSE: FOOD AND HOPE TO FAMILIES IN NEED | $6,500 |
ST LUKES CHURCH PURPOSE: COLUMBARIUM AND CHURCH MINISTRY | $12,302 |