Inman-Riverdale Foundation
- Assets
- $1.6m
- Revenue
- -$127.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Inman, SC
- Founding
- 09/1948
- Data as of
- 11/2022
- EIN
- 57-6019736
Organization Overview
Inman-Riverdale Foundation is located in Inman, SC. The organization was established in 1948. 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. Inman-Riverdale Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Inman-Riverdale Foundation has awarded 55 individual grants totaling $1,256,693. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S DIRECT CHARITABLE EXPENDITURES ARE PRIMARILY RELATED TO COMMUNITY WELFARE, RECREATION, AND HEALTH ACTIVITIES, INCLUDING SCOUTING PROGRAMS, SOFTBALL,
TENNIS & RELATED PLAYGROUND FACILITIES, COMMUNITY RECREATION CENTER, BOWLING ALLEY, AND CERTAIN OTHER FACILITIES. THE ACTIVITIES/FACILITIES ARE AVAILABLE TO THE LOCAL COMMUNITIES
OF INMAN AND ENOREE, SOUTH CAROLINA, WITH RESPECTIVE ESTIMATED POPULATIONS OF 5,000 AND 1,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman H Chapman Chairman | 1 | $0 | |
H Ellis Fisher Vice Chairman | 1 | $0 | |
Patricia H Robbins Secretary | 1 | $0 | |
Matthew K Ezell Trustee | 1 | $0 | |
James C Pace Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,654 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$166,967 |
| Capital Gain Net Income | $25,429 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | -$127,312 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,000 |
| Depreciation | $5,280 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,620 |
| Total operating and administrative expenses | $32,144 |
| Contributions, gifts, grants paid | $77,652 |
| Total expenses and disbursements | $109,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,215 |
| Savings and temporary cash investments | $0 |
| 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 | $1,518,988 |
| Net Land, buildings, and equipment | $88,304 |
| Other assets | $0 |
| Total assets | $1,643,507 |
| Accounts payable and accrued expenses | $2,800 |
| Grants payable | $20,600 |
| 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 | $23,400 |
Grants Awarded
Over the last fiscal year, Inman-Riverdale Foundation has awarded $88,352 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALDERSGATE METHODIST CH PURPOSE: GENERAL PURPOSE | $650 |
ENOREE METHODIST CHURCH PURPOSE: GENERAL PURPOSE | $600 |
FIRST BAPTIST CHURCH ENOREE PURPOSE: GENERAL PURPOSE | $600 |
INMAN MILLS BAPTIST CHURCH PURPOSE: GENERAL PURPOSE | $250 |
ADULT LEARNING CENTER PURPOSE: GENERAL PURPOSE | $1,000 |
ANGELS CHARGE MINISTRY PURPOSE: GENERAL PURPOSE | $500 |