Totals
- Total revenue
- $1,105,360
- Total expenses
- $1,744,501
- Contributions and grants received
- $1,077,996
- Grants paid
- $973,042
- Program service revenue
- $0
- Investment income
- $26,128
- Other revenue
- $1,236
- Total assets, end of year
- $1,297,759
- Total liabilities, end of year
- $18,406
- Net assets or fund balances, end of year
- $1,279,353
- Program services expenses (Part IX)
- $1,459,727
- Management and general expenses
- $134,061
- Fundraising expenses
- $150,713
- Program service expenses (Part III)
- $1,459,727
Program services were 83.7% 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
$1,077,996
-
3 · Investment income
total $26,128 · related or exempt $26,128
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Revenue
total $1,236 · related or exempt $1,236
-
11e · Other revenue, total
$1,236
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $973,042 · program services $973,042
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $276,651 · program services $181,189 · management and general $54,420 · fundraising $41,042
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $216,197 · program services $116,856 · management and general $17,825 · fundraising $81,516
-
8 · Pension plan contributions
total $2,293 · program services $1,376 · management and general $344 · fundraising $573
-
9 · Other employee benefits
total $1,384 · program services $830 · management and general $208 · fundraising $346
-
10 · Payroll taxes
total $37,879 · program services $22,727 · management and general $5,682 · fundraising $9,470
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $18,036 · management and general $18,036
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,864 · management and general $1,864
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $29,586 · program services $20,710 · management and general $5,917 · fundraising $2,959
-
14 · Information technology
total $62,827 · program services $43,979 · management and general $12,565 · fundraising $6,283
-
15 · Royalties
total $0
-
16 · Occupancy
total $33,931 · program services $23,752 · management and general $6,786 · fundraising $3,393
-
17 · Travel
total $24,812 · program services $24,812
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $501 · program services $501
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,388 · program services $3,388
-
24a · Other expenses: Social Media
total $51,306 · program services $35,914 · management and general $10,261 · fundraising $5,131
-
24b · Other expenses: Research
total $5,690 · program services $5,690
-
24c · Other expenses: Dues & Subscriptions
total $4,144 · program services $4,144
-
24d · Other expenses: Taxes & Permits
total $766 · program services $613 · management and general $153
-
24e · All other expenses
total $204 · program services $204
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,900,362 · end of year $1,294,006
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $37,888 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $8,925 · end of year $3,753
-
17 · Accounts payable and accrued expenses
beginning of year $13,965 · end of year $7,199
-
25 · Other liabilities
beginning of year $14,716 · end of year $11,207
-
31 · Retained earnings, endowment or other funds
beginning of year $1,918,494 · end of year $1,279,353
Mission and programs · 2025
Mission
The Palmetto Promise Institute is a non partisan nonprofit educational organization dedicated to educating the public and enhancing the public good. The organization provides research, analysis, and publications on issues that affect the common good
-
The Palmetto Promise Institute is a non partisan nonprofit educational organization dedicated to educating the public and enhancing the public good. The organization provides research, analysis, and publications on issues that affect the common good
Expenses $1,459,727
As filed on the 2025 return.
Listed in Part VII
-
Oran Smith
Senior Fellow
- Total calculated
- $138,846
- From this org
- $138,846
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Wendy Damron
President
- Total calculated
- $130,000
- From this org
- $130,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jeff Yelton
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jim DeMint
Founding Chair
- Total calculated
- $0
- Hours/week
- 1
-
Dan Adams
Imm Past Chair
- Total calculated
- $0
- Hours/week
- 1
-
Louie L Cason Jr
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stewart Rodman
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Van Hipp
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rick Timmons
Director
- Total calculated
- $0
- Hours/week
- 1
-
Phil Hughes
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Richard Gilder III
Director
- Total calculated
- $0
- Hours/week
- 1
-
Barry Wynn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Luanne Zurlo
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
-
$229,000
-
$54,050
-
Bob Jones Academy
$31,146
-
Lol Steam School of the Arts
$28,500
-
Maranatha Christian School
$27,000
-
Daniels Christian School In
$24,000
-
$21,387
-
$13,675
-
Calvary Christian School Myrt
$12,000
-
$12,000
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 3 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202640939349300104
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.