Horry-Georgetown Technical College Foundation Incorporated

Organization Overview

Horry-Georgetown Technical College Foundation Incorporated is located in Conway, SC. The organization was established in 1979. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, Horry-Georgetown Technical College Foundation Incorporated employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horry-Georgetown Technical College Foundation Incorporated 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 06/2023, Horry-Georgetown Technical College Foundation Incorporated generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $2.4m during the year ending 06/2023. While expenses have increased by 18.3% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WAS FORMED FOR THE PURPOSE OF ACCEPTING DONATIONS FOR THE SUPPORT OF THE HORRY-GEORGETOWN TECHNICAL COLLEGE, WHICH IS LOCATED IN MYRTLE BEACH, SOUTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACCEPTING AND DISBURSING FUNDS FOR THE SUPPORT OF THE HORRY-GEORGETOWN TECHNICAL COLLEGE


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Board, Officers & Key Employees

Name (title)Compensation
Tim Tilley
Chairman
$0
John Sawyer
Vice Chair
$0
David Singleton
Vice Chair
$0
Dick Tinsley
Treasurer
$0
Martha Lewis
Secretary
$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$998,904
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$998,904
Total Program Service Revenue$0
Investment income $1,155,702
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 $2,154,606

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