Sunshine Foundation Inc
- Assets
- $9.9m
- Revenue
- $436.0k
- Investments
- $9.8m
- Employees
- 0
- Location
- Barnwell, SC
- Founding
- 04/1997
- Data as of
- 12/2023
- EIN
- 57-1060737
Organization Overview
Sunshine Foundation Inc is located in Barnwell, SC. The organization was established in 1997. 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. Sunshine 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 12/2023, Sunshine Foundation Inc generated $436.0k 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 (4.8%) each year. All expenses for the organization totaled $540.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sunshine Foundation Inc has awarded 854 individual grants totaling $4,044,247. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry E Richardson Jr Board Member | 0 | $0 | |
Gail Ness Richardson Board Member | 0 | $0 | |
Katherine J Richardson Board Member | 0 | $0 | |
David G Bundy Board Member | 0 | $0 | |
Beth Burke Richardson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,975 |
| Interest on Savings | $0 |
| Dividends & Interest | $303,518 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,463 |
| Capital Gain Net Income | $78,463 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $435,956 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,194 |
| Taxes | $8,759 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $49,396 |
| Contributions, gifts, grants paid | $491,225 |
| Total expenses and disbursements | $540,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,633 |
| Savings and temporary cash investments | $71,242 |
| 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 | $9,896,482 |
| 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, Sunshine Foundation Inc has awarded $491,225 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
ALLENDALE PRESBYTERIAN CHURCH PURPOSE: ECONOMIC | $1,500 |
ALLENDALE FIRST BAPTIST CHURCH PURPOSE: ECONOMIC | $700 |
THE ANIMAL ADVOCATES PURPOSE: ECONOMIC | $25 |
BAITULMAAL PURPOSE: ECONOMIC | $100 |
BAMBERG CEMETERY ASSOCIATION PURPOSE: ECONOMIC | $150 |
BAMBERG COUNTY SCHOOL DISTRICT PURPOSE: ECONOMIC | $50 |