Post & Courier Foundation
- Assets
- $9.0m
- Revenue
- $996.2k
- Investments
- $8.5m
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 03/1953
- Data as of
- 12/2021
- EIN
- 57-6020356
Organization Overview
Post & Courier Foundation is located in Charleston, SC. The organization was established in 1953. 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. Post & Courier 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 12/2021, Post & Courier Foundation generated $996.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $993.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Post & Courier Foundation has awarded 183 individual grants totaling $3,463,961. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHOLIC CHARITIES - MEAL ASSISTANCE, IMMIGRATION SERVICES, MINISTRY PROGRAMS, PREGNANCY ASSISTANCE, LAUNDRY SERVICES, ASSISTED LIVING, DISASTER RECOVERY, COUNSELING
ASSOCIATION FOR THE BLIND - HELP VISUALLY IMPAIRED LEARN USEFUL SKILLS AND ENRICH THEIR QUALITY OF LIFE
STAR GOSPEL MISSION - TRANSITIONAL HOUSING FOR HOMELESS MEN, UTILITY ASSISTANCE, EMERGENCY MEDICAL AND TRANSPORTATION ASSISTANCE
CHARLESTON LEADERSHIP FOUNDATION - MINISTRY PROGRAMS, HOUSEHOLD ASSISTANCE, UTILITY ASSISTANCE, TRANSPORTATION AND MEDICAL ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Herres President | 2 | $0 | |
Pierre Manigault Vice Preside | 1 | $0 | |
Joseph I Waring Treasurer | 1 | $0 | |
Maryanna K Smith Secretary | 7.5 | $0 | |
Heidi Herrington Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $588,603 |
| Interest on Savings | $56,178 |
| Dividends & Interest | $175,140 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,391 |
| Capital Gain Net Income | $118,391 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,857 |
| Total Revenue | $996,169 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,072 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,056 |
| Total operating and administrative expenses | $121,742 |
| Contributions, gifts, grants paid | $871,638 |
| Total expenses and disbursements | $993,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,910 |
| Savings and temporary cash investments | $261,683 |
| 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 | $1,498,873 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $190,000 |
| Total assets | $9,004,215 |
| 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, Post & Courier Foundation has awarded $909,638 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: PROVIDE HOT MEALS CLOTHING FINANCIAL | $214,179 |
Charleston, SC PURPOSE: GOOD CHEER CHRISTMAS FUND | $91,791 |
ASSOCIATION FOR THE BLIND PURPOSE: PROVIDE FOOD CLOTHING ETC FOR BLIND | $91,790 |
Charleston, SC PURPOSE: ANNUAL OPERATING FUND/HELP FOR NEEDY | $79,552 |
LOWCOUNTRY FOOD BANK PURPOSE: SUPPORT HOMELESS SHELTER, MEALS, ETC | $61,194 |
SALVATION ARMY PURPOSE: SUPPORT HOMELESS SHELTER, MEALS, ETC | $36,716 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Post & Courier Foundation has recieved totaling $21,500.
| Awarding Organization | Amount |
|---|---|
Coastal Community Foundation Of South Carolina Inc N Charleston, SC PURPOSE: HUMAN NEEDS GRANT | $21,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |
The Leon Levine Foundation Charlotte, NC | $654,368,860 | $94,686,429 |
We Are Sharing Hope Sc Charleston, SC | $50,025,063 | $34,221,211 |