Kw Beverage Foundation Inc
- Assets
- $674.6k
- Revenue
- $81.8k
- Investments
- $601.3k
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 11/1982
- Data as of
- 12/2022
- EIN
- 57-0734278
Organization Overview
Kw Beverage Foundation Inc is located in Columbia, SC. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Kw Beverage Foundation 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, Kw Beverage Foundation Inc generated $81.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $101.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kw Beverage Foundation Inc has awarded 187 individual grants totaling $1,225,183. 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 |
|---|---|---|---|
Rodney G Williams CEO | 0 | $0 | |
James F Kirkham Cfo-Secretary/treasurer | 0 | $0 | |
Holly Chavis Administrator | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,918 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,103 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $81,815 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,512 |
| Total operating and administrative expenses | $7,512 |
| Contributions, gifts, grants paid | $94,030 |
| Total expenses and disbursements | $101,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,902 |
| 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 | $384 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $601,345 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $674,631 |
| 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, Kw Beverage Foundation Inc has awarded $94,030 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
BIG RED BAM RETREAT PURPOSE: GENERAL CONTRIBUTION | $10,000 |
CAMP COLE PURPOSE: GENERAL CONTRIBUTION | $500 |
CAYCE PUBLIC SAFETY FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $930 |
BLUE RIDGE COUNCIL BSA PURPOSE: GENERAL CONTRIBUTION | $1,500 |
COLUMBIA MUESEUM OF ART PURPOSE: GENERAL CONTRIBUTION | $1,000 |
FOLDS OF HONOR PURPOSE: GENERAL CONTRIBUTION | $5,000 |