Central Carolina Community Foundation is located in Columbia, SC. The organization was established in 1987. 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. As of 06/2021, Central Carolina Community Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Carolina Community 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 06/2021, Central Carolina Community Foundation generated $26.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $17.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Central Carolina Community Foundation has awarded 3,366 individual grants totaling $149,242,771. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROMOTE, FACILITATE AND INCREASE PHILANTHROPY TO CREATE A SUSTAINABLE IMPACT WITHIN OUR COMMUNITY THROUGH RESPONSIBLE GIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ALLOCATIONS WERE MADE IN THE AREAS OF THE ARTS, HUMANITIES, EDUCATION, HEALTH CARE.THE ABOVE AMOUNT WAS MODIFIED FOR THOSE AGENCY ENDOWMENT FUNDS COVERED BY ASC 958.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ms Joann Turnquist President/ceo | Officer | 40 | $212,558 |
Mr Kevin Patten Vice President For Finance | 40 | $126,301 | |
Ms Michelle Hardy Vice President, Advancement | 40 | $124,088 | |
Ms Erin Johnson Vice President, Community Investment | 40 | $114,319 | |
Mr Van Anderson Board Member | Trustee | 1 | $0 |
Ms Sharon Bryant Chair | Trustee | 1 | $0 |
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 | $16,277,992 |
Noncash contributions included in lines 1a–1f | $3,147,636 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,277,992 |
Total Program Service Revenue | $0 |
Investment income | $5,363,015 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,764,332 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $26,646,536 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,130,512 |
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 | $1,002,172 |
Pension plan accruals and contributions | $60,800 |
Other employee benefits | $4,846 |
Payroll taxes | $69,816 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,500 |
Fees for services: Accounting | $16,589 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $52,747 |
Advertising and promotion | $55,137 |
Office expenses | $52,800 |
Information technology | $47,971 |
Royalties | $0 |
Occupancy | $156,512 |
Travel | $2,678 |
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 | $13,381 |
Insurance | $184,372 |
All other expenses | $0 |
Total functional expenses | $17,047,134 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,524,810 |
Savings and temporary cash investments | $2,820,552 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,800 |
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 | $43,264 |
Net Land, buildings, and equipment | $5,108,534 |
Investments—publicly traded securities | $168,208,562 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,593,846 |
Total assets | $200,312,368 |
Accounts payable and accrued expenses | $37,441 |
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 | $666,667 |
Other liabilities | $20,502,955 |
Total liabilities | $21,207,063 |
Net assets without donor restrictions | $163,841,329 |
Net assets with donor restrictions | $15,263,976 |
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 | $200,312,368 |
Over the last fiscal year, Central Carolina Community Foundation has awarded $14,377,895 in support to 401 organizations.
Grant Recipient | Amount |
---|---|
Columbia, SC PURPOSE: GENERAL SUPPORT | $811,857 |
Columbia, SC PURPOSE: GENERAL SUPPORT | $559,995 |
Charleston, SC PURPOSE: GENERAL SUPPORT | $500,000 |
Columbia, SC PURPOSE: GENERAL SUPPORT | $432,985 |
Chattanooga, TN PURPOSE: GENERAL SUPPORT | $399,956 |
Clemson, SC PURPOSE: GENERAL SUPPORT | $367,500 |
Over the last fiscal year, we have identified 14 grants that Central Carolina Community Foundation has recieved totaling $2,280,775.
Awarding Organization | Amount |
---|---|
Duke Endowment Charlotte, NC PURPOSE: TO CONTINUE SUPPORTING THE ONE SC FUND IN ADDRESSING THE NEEDS OF SOUTH CAROLINIANS IMPACTED BY COVID-19. | $1,500,000 |
Reinvent Stockton Foundation Stockton, CA PURPOSE: GRANT FOR CITY TO LAUNCH ITS OWN GUARANTEED INCOME PILOT | $500,000 |
Michael J Mungo Foundation Inc Irmo, SC PURPOSE: SALUDA SHOALS PARK/MICHAEL'S GARDEN | $90,657 |
The Williams Brice Edwards Charitable Trust Sumter, SC PURPOSE: SPECIAL PROJECTS & MAIN STREET PRESERVATION PROJECT | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $65,000 |
Dorothy And Kenneth Heisler Foundation Las Vegas, NV PURPOSE: GENERAL SUPPORT | $35,000 |
Organization Name | Assets | Revenue |
---|---|---|
North Carolina Community Foundation Inc Raleigh, NC | $442,779,010 | $109,848,330 |
Triangle Community Foundation Durham, NC | $302,593,887 | $28,260,487 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC | $293,333,431 | $80,143,972 |
The Community Foundation Of Western North Carolina Inc Asheville, NC | $422,748,745 | $38,320,270 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC | $268,212,461 | $40,395,887 |
Community Foundation Of Greenville Inc Greenville, SC | $110,749,055 | $32,278,412 |
Spartanburg County Foundation Spartanburg, SC | $213,613,348 | $29,550,562 |
North Georgia Community Foundation Gainesville, GA | $121,312,465 | $29,287,202 |
Central Carolina Community Foundation Columbia, SC | $200,312,368 | $26,646,536 |
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA | $203,858,921 | $35,593,899 |
High Point Community Foundation High Point, NC | $114,170,503 | $14,778,667 |
Community Foundation Of Central Georgia Inc Macon, GA | $156,226,670 | $20,534,365 |