Berkley County Foundation For Education
- Assets
- $282.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Moncks Corner, SC
- Founding
- 01/2002
- Data as of
- 06/2024
- EIN
- 57-1111408
Organization Overview
Berkley County Foundation For Education is located in Moncks Corner, SC. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public 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. Berkley County Foundation For Education 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 06/2024, Berkley County Foundation For Education generated $22.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $10.0k during the year ending 06/2024. While expenses have increased by 10.4% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE BERKELEY COUNTY FOUNDATION FOR EDUCATION IS AN ALL VOLUNTEER, NON- PROFIT ORGANIZATION, WHOSE GOAL IS THE IMPROVEMENT OF EDUCATION AT ALL LEVELS. ITS AIM IS TO PROVIDE ADDITIONAL SUPPORT, BOTH FINANICAL AND NON- FINANCIAL, TO THE PUBLIC SCHOOL SYSTEM IN THE COUNTY BY MEANS OF: (1) PROVIDING ADDITIONAL FUNDING FOR EDUCATIONAL PROJECTS THAT EXCEED THE SCHOOL DISTRICT'S OPERATING BUDGET AND OTHER FUNDING; (2) THROUGH THE USE OF GRANTS AND AWARDS, ENCOURAGE SCHOOLS, TEACHERS, AND STUDENTS TOWARDS QUALITY EDUCATIONAL PROGRAMS; (3) BY FOSTERING A POSITIVE COMMUNITY PERCEPTION OF EDUCATION IN THE COUNTY; AND (4) BY PROVIDING AN OCCASIONAL SCHOLARSHIP TO COLLEGE STUDENTS FROM THIS COUNTY. THERE ARE APPROXIMATELY 29,600 STUDENTS IN BERKELEY COUNTY IN GRADES K-12, WITH 40 SCHOOLS AND 2,257 TEACHERS THAT STAND TO BENEFIT FROM THIS ORGANIZATION'S EFFORTS.
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 |
|---|---|---|---|
Kaye Myers Chairman | 1 | $0 | |
John O Williams II Secretary | 1 | $0 | |
Carolyn West Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,437 |
| Gain or Loss | $17,021 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,458 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15 |
| Total expenses | $10,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $282,345 |
| Other assets | $0 |
| Total assets | $282,345 |
| Total liabilities | $0 |
| Net assets or fund balances | $282,345 |