Sage Valley Golf Foundation
- Assets
- $460.9k
- Revenue
- $48.3k
- Investments
- $427.4k
- Employees
- 0
- Location
- Graniteville, SC
- Founding
- 02/2015
- Data as of
- 07/2022
- EIN
- 47-1424487
Organization Overview
Sage Valley Golf Foundation is located in Graniteville, SC. The organization was established in 2015. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sage Valley Golf 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 07/2022, Sage Valley Golf Foundation generated $48.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $61.9k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (47.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sage Valley Golf Foundation has awarded 40 individual grants totaling $271,307. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Massey President | 3 | $0 | |
Jean Gallman Board Member | 1 | $0 | |
Cecelia Hewitt Board Member | 1 | $0 | |
Thomas Goforth Vice President/treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,799 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,495 |
| Capital Gain Net Income | $15,495 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $346 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,420 |
| Total operating and administrative expenses | $6,881 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $61,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,920 |
| Savings and temporary cash investments | $26,576 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $460,879 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sage Valley Golf Foundation has awarded $55,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CLEMSON UNIVERSITY PURPOSE: SCHOLARSHIP SUPPORT | $10,000 |
UNIVERSITY OF SOUTH CAROLINA - AIKEN PURPOSE: SCHOLARSHIP SUPPORT | $10,000 |
MEAD HALL PURPOSE: SCHOLARSHIP SUPPORT | $7,500 |
NORTH CAROLINA A&T PURPOSE: SCHOLARSHIP SUPPORT | $5,000 |
Rock Hill, SC PURPOSE: SCHOLARSHIP SUPPORT | $5,000 |
LANDER UNIVERSITY PURPOSE: SCHOLARSHIP SUPPORT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sage Valley Golf Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Hudson Community Foundation Hudson, OH PURPOSE: PROGRAMS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spring Island Club Okatie, SC | $20,372,733 | $10,747,020 |
Carolinas Golf Association Southern Pines, NC | $7,201,901 | $7,597,187 |
Highlands Falls Country Club Inc Highlands, NC | $17,573,731 | $5,732,867 |
Bobby Jones Golf Course Foundation Inc Atlanta, GA | $34,301,946 | $5,982,805 |
Georgia State Golf Association Inc Atlanta, GA | $4,442,006 | $3,528,444 |
Youth Golf Foundation Of The Carolinas Charlotte, NC | $5,362,878 | $1,885,876 |
Charleston Junior Golf Foundation Mount Pleasant, SC | $1,783,502 | $1,695,074 |
South Carolina Golf Association Columbia, SC | $1,912,487 | $1,341,698 |
Southern Seniors Golf Association Marietta, GA | $554,613 | $1,105,501 |
South Carolina Junior Golf Assn Irmo, SC | $56,141 | $691,584 |
Girls Golf Of America Inc Greensboro, NC | $340,547 | $724,394 |
Canton Golf Club Canton, GA | $379,442 | $542,066 |