Form 990 for tax year 2023
Filed by LOWCOUNTRY FOOD BANK FOUNDATION.
Totals
- Total revenue
- $482,653
- Total expenses
- $51,550
- Contributions and grants received
- $477,457
- Grants paid
- $30,000
- Program service revenue
- $0
- Investment income
- $5,196
- Other revenue
- $0
- Total assets, end of year
- $1,782,480
- Total liabilities, end of year
- $504
- Net assets or fund balances, end of year
- $1,781,976
- Program services expenses (Part IX)
- $34,746
- Management and general expenses
- $16,804
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $34,746
Program services were 67.4% 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
$477,457
-
1g · Noncash contributions included above
$57,296
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $39,340 · excluded $39,340
-
6c · Rental income or loss
real property $0 · personal property $0
-
7b · Less cost or other basis and sales expenses
securities $34,144
-
7c · Gain or loss
securities -$34,144 · other assets $0
-
7d · Net gain or loss
total -$34,144 · excluded -$34,144
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $30,000 · program services $30,000
-
11b · Fees: legal
total $52 · management and general $52
-
11c · Fees: accounting
total $2,700 · program services $1,350 · management and general $1,350
-
11f · Fees: investment management
total $10,236 · management and general $10,236
-
11g · Fees: other
total $561 · program services $0 · management and general $561 · fundraising $0
-
12 · Advertising and promotion
total $2,774 · management and general $2,774
-
13 · Office expenses
total $978 · program services $489 · management and general $489
-
14 · Information technology
total $846 · program services $846
-
19 · Conferences, conventions and meetings
total $2,684 · program services $1,342 · management and general $1,342
-
23 · Insurance
total $698 · program services $698
-
24a · Other expenses: Misc Expenses
total $21 · program services $21
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $89,139 · end of year $82,579
-
4 · Accounts receivable
end of year $822
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $1,104,410 · end of year $1,699,079
-
17 · Accounts payable and accrued expenses
beginning of year $128 · end of year $504
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,193,421 · end of year $1,781,976
Mission and programs · 2023
Mission
THE MISSION OF THE LOWCOUNTRY FOOD BANK ENDOWMENT FUND IS TO SUPPORT THE LOWCOUNTRY FOOD BANK.
-
During 2023 the Organization distributed $30,000 to support the Lowcountry Food Bank. The Organization works directly with the Food Bank to discuss needs and evaluate available funding.
Expenses $34,746 · Grants $30,000
As filed on the 2023 return.
Listed in Part VII
-
Dr Robert Kahle
VICE CHAIR/DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Patricia Walker
CHAIR/DIRECTOR
- Total calculated
- $0
- Hours/week
- 6
-
Steve Swanson
SECRETARY/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Jeffries
TREASURER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Aaron Brewer
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian Hubacher
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris Tobin
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Henry Tisdale
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Erika Harrison
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark Crocker
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike Smth
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Milton Irvin
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Turquoi Dorsey
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tyler Condon
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
-
$30,000
Program Support
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Food Bank · SC
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413179349300531
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