United Community Bank Foundation Inc
- Assets
- $12.1m
- Revenue
- $745.7k
- Investments
- $10.5m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- Data as of
- 12/2023
- EIN
- 84-5077948
Organization Overview
United Community Bank Foundation Inc is located in Greenville, SC. 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. United Community Bank 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, United Community Bank Foundation Inc generated $745.7k 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 (47.7%) each year. All expenses for the organization totaled $657.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, United Community Bank Foundation Inc has awarded 548 individual grants totaling $1,460,255. 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.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Lynn Harton Chairman | 1 | $0 | |
Melinda Davis Lux Secretary/director | 1 | $0 | |
Alan H Kumler Treasurer | 1 | $0 | |
Flavia Harton Director | 1 | $0 | |
Moryah Jackson President | 1 | $0 | |
Holly Berry Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $78,020 |
| Dividends & Interest | $187,533 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$19,835 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $745,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,854 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,085 |
| Total operating and administrative expenses | $75,779 |
| Contributions, gifts, grants paid | $581,305 |
| Total expenses and disbursements | $657,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,393,502 |
| Savings and temporary cash investments | $222,682 |
| 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 | $10,526,130 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,142,314 |
| 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, United Community Bank Foundation Inc has awarded $581,305 in support to 237 organizations.
| Grant Recipient | Amount |
|---|---|
ABLE TO SERVE PURPOSE: THIS IS AN UNRESTRICTED DONATION. THE ORGANIZATION CAN USE THE FUNDS AS NEEDED. | $2,500 |
A GIFT FOR TEACHING PURPOSE: THIS DONATION IS DESIGNATED TO THE ORGANIZATION'S READY FOR BACK TO SCHOOL INITIATIVE. | $2,500 |
8 CENTS IN A JAR PURPOSE: THIS DONATION IS DESIGNATED TO THE ORGANIZATION'S 2023 TEACH STUDENTS MONEY EXP. | $5,000 |
ACTORS' PLAYHOUSE AT THE MIRACLE THEATRE PURPOSE: THIS IS AN UNRESTRICTED DONATION. THE ORGANIZATION CAN USE THE FUNDS AS NEEDED. | $2,500 |
ALZHEIMER'S ASSOCIATION SC PURPOSE: THIS DONATION IS DESIGNATED TO THE LONGEST DAY FUNDRAISER IN SC. | $2,500 |
AMERICAN NATIONAL RED CROSS PURPOSE: THIS DONATION IS DESIGNATED TO THE AMERICAN NATIONAL RED CROSS - CENTRAL WEST ALABAMA CHAPTER. | $5,000 |