Palmetto Farms Foundation

Organization Overview

Palmetto Farms Foundation is located in Greenville, SC. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Palmetto Farms 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 12/2022, Palmetto Farms Foundation generated $326.1k 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 (14.1%) each year. All expenses for the organization totaled $150.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Palmetto Farms Foundation has awarded 51 individual grants totaling $481,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Board, Officers & Key Employees

Name (title)Compensation
Dixon C Cunningham
Trustee
$0
Eudora M Cunningham
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $191,930
Interest on Savings $25
Dividends & Interest $93,928
Net Rental Income$0
Net Gain on Sale of Assets $1,113
Capital Gain Net Income $1,113
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $39,084
Total Revenue $326,080

Grants Awarded

Over the last fiscal year, Palmetto Farms Foundation has awarded $145,000 in support to 17 organizations.

Grant RecipientAmount

FIRST PRESBYTERIAN FOUNDATION

PURPOSE: UNRESTRICTED

$2,000

SAMARITANS PURSE

PURPOSE: UNRESTRICTED

$10,000

SC CHRISTIAN FOUNDATION

PURPOSE: UNRESTRICTED

$5,000

GLORY RIDGE

PURPOSE: UNRESTRICTED

$5,000

FIRST PRESBYTERIAN ACADEMY

PURPOSE: UNRESTRICTED

$5,000

THE OUTREACH FOUNDATION

PURPOSE: UNRESTRICTED

$5,000
View Grant Profile

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