Skip to content
Nonprofiteer
← GREENWOOD COUNTY COMMUNITY FOUNDATION INC

Form 990 for tax year 2023

Filed by GREENWOOD COUNTY COMMUNITY FOUNDATION INC.

Totals

Total revenue
$4,664,407
Total expenses
$1,641,935
Contributions and grants received
$3,683,106
Grants paid
$1,262,338
Program service revenue
$85,698
Investment income
$884,423
Other revenue
$11,180
Total assets, end of year
$23,768,818
Total liabilities, end of year
$573,235
Net assets or fund balances, end of year
$23,195,583
Program services expenses (Part IX)
$1,475,854
Management and general expenses
$136,747
Fundraising expenses
$29,334
Program service expenses (Part III)
$1,475,854

Program services were 89.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,683,106

  • 1g · Noncash contributions included above

    $855,061

  • 2a · Program service revenue: GREENWOOD WOMEN CARE

    total $83,698 · related or exempt $83,698

  • 2b · Program service revenue: MAYS ENDOWMENT

    total $2,000 · related or exempt $2,000

  • 3 · Investment income

    total $525,442 · related or exempt $525,442

  • 7a · Gross sales of assets other than inventory

    securities $8,660,779 · other assets $119,548

  • 7b · Less cost or other basis and sales expenses

    securities $8,150,746 · other assets $270,600

  • 7c · Gain or loss

    securities $510,033 · other assets -$151,052

  • 7d · Net gain or loss

    total $358,981 · related or exempt $358,981

  • 11a · Other revenue: ANNUAL DINNER REVENUE

    total $11,180 · excluded $11,180

  • 11e · Other revenue, total

    $11,180

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,262,338 · program services $1,262,338

  • 5 · Compensation of officers, directors and key employees

    total $99,905 · program services $54,948 · management and general $37,964 · fundraising $6,993

  • 7 · Other salaries and wages

    total $40,107 · program services $22,059 · management and general $15,241 · fundraising $2,807

  • 9 · Other employee benefits

    total $1,310 · program services $721 · management and general $498 · fundraising $91

  • 10 · Payroll taxes

    total $10,984 · program services $6,041 · management and general $4,174 · fundraising $769

  • 11c · Fees: accounting

    total $22,433 · management and general $22,433

  • 11f · Fees: investment management

    total $104,829 · program services $104,829

  • 11g · Fees: other

    total $5,750 · management and general $5,750

  • 12 · Advertising and promotion

    total $3,196 · program services $3,196

  • 13 · Office expenses

    total $19,226 · program services $11,441 · management and general $5,284 · fundraising $2,501

  • 14 · Information technology

    total $1,384 · program services $1,384

  • 16 · Occupancy

    total $11,886 · management and general $11,886

  • 17 · Travel

    total $2,435 · management and general $2,435

  • 22 · Depreciation, depletion and amortization

    total $6,460 · program services $207 · management and general $6,253

  • 24a · Other expenses: SPECIAL EVENTS

    total $23,438 · management and general $7,627 · fundraising $15,811

  • 24b · Other expenses: GREENWOOD WOMEN CARE

    total $5,098 · program services $5,098

  • 24c · Other expenses: UTILITIES

    total $4,716 · management and general $4,716

  • 24d · Other expenses: FOOD AND ENTERTAINMENT

    total $3,623 · program services $398 · management and general $2,863 · fundraising $362

  • 24e · All other expenses

    total $12,817 · program services $3,194 · management and general $9,623

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $239,661 · end of year $463,603

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,647 · end of year $6,574

  • 10a · Land, buildings and equipment: cost or other basis

    $49,161

  • 10b · Land, buildings and equipment: accumulated depreciation

    $26,728

  • 10c · Land, buildings and equipment, net

    beginning of year $28,853 · end of year $22,433

  • 11 · Investments: publicly traded securities

    beginning of year $18,518,320 · end of year $23,089,699

  • 15 · Other assets

    beginning of year $221,449 · end of year $186,509

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,031 · end of year $14,946

  • 25 · Other liabilities

    beginning of year $529,969 · end of year $558,289

  • 27 · Net assets without donor restrictions

    beginning of year $5,392,244 · end of year $6,525,853

  • 28 · Net assets with donor restrictions

    beginning of year $13,078,686 · end of year $16,669,730

Mission and programs · 2023

Mission

TO INSPIRE AND ENCOURAGE PHILANTHROPY WHICH IMPROVES THE LIVES OF CURRENT AND FUTURE RESIDENTS OF GREENWOOD COUNTY.

  • DURING THE YEAR, THE FOUNDATION PROVIDED GRANTS TO OVER 50 ORGANIZATIONS. OVER HALF OF THE ORGANIZATIONS WERE LOCAL WHILE APPROXIMATELY A THIRD WERE REGIONAL. THE REMAINDER WERE NATONAL OR INTERNATIONAL. EACH ORGANIZATION RECEIVED GRANTS FROM EITHER DONOR ADVISED FUNDS, DESIGNATED FUNDS, FIELD OF INTEREST FUNDS, OR UNRESTRICTED FUNDS.

    Expenses $1,262,338 · Grants $1,262,338

  • THE FOUNDATION LAUNCHED AN INITATIVE IN 2017 CALLED GREENWOOD WOMEN CARE. THIS INITIATIVE ENGAGES COMMUNITY FOCUSED WOMEN TO COLLECTIVELY LEARN,GIVE, AND GROW TOGETHER. THE OVERALL GOAL OF GREENWOOD WOMEN CARE IS TO PROVIDE OPPORTUNITY FOR PERSONAL GROWTH AND TO IMPROVE THE QUALITY OF LIFE FOR EVERYONE IN GREENWOOD COUNTY.

    Expenses $5,098 · Revenue $83,698

  • OTHER

    Expenses $208,418

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeff Smith

    FORMER EXEC

    Total calculated
    $99,905
    From this org
    $99,905
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Laura Bachinski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Herman Fletcher

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Donna Foster

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Carol Harley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Theo L Lane Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rhonda McGinnis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gay McHugh

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Sabrina Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chuck Moates

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John R Patrick

    BOARDMEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bonnie Ramage

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chip Stockman

    BOARD MEMBER

    Total calculated
    $0

  • Tee Tunstall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amaryllis Turman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Trentsie Williams

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    1

  • Stephen D Baggett Jr

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
22 April 2025
IRS schema version
2023v6.0
Source object
202531129349301048

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.