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Nonprofiteer
← ST LUKES FOUNDATION OF HILTON HEAD INC

Form 990 for tax year 2022

Filed by ST LUKES FOUNDATION OF HILTON HEAD INC.

Totals

Total revenue
$46,344
Total expenses
$49,409
Contributions and grants received
$19,450
Grants paid
$38,864
Program service revenue
$0
Investment income
$26,894
Other revenue
$0
Total assets, end of year
$558,482
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$558,482
Program services expenses (Part IX)
$42,743
Management and general expenses
$6,666
Fundraising expenses
$0
Program service expenses (Part III)
$42,743

Program services were 86.5% 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

    $19,450

  • 3 · Investment income

    total $12,588 · related or exempt $12,588

  • 7a · Gross sales of assets other than inventory

    securities $107,304

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

    securities $92,998

  • 7c · Gain or loss

    securities $14,306

  • 7d · Net gain or loss

    total $14,306 · related or exempt $14,306

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $38,864 · program services $38,864

  • 11c · Fees: accounting

    total $2,630 · management and general $2,630

  • 11f · Fees: investment management

    total $3,879 · program services $3,879

  • 11g · Fees: other

    total $448 · management and general $448

  • 23 · Insurance

    total $3,536 · management and general $3,536

  • 24a · Other expenses: LICENSES AND FEES

    total $52 · management and general $52

Balance sheet

Part X, book values.

  • 13 · Investments: program-related

    beginning of year $706,134 · end of year $558,482

  • 27 · Net assets without donor restrictions

    beginning of year $206,142 · end of year $156,853

  • 28 · Net assets with donor restrictions

    beginning of year $499,992 · end of year $401,629

Mission and programs · 2022

Mission

TO MANAGE INVESTMENT AND ENDOWMENT FUNDS, ADMINISTER SCHOLARSHIP PROGRAMS AND MAKE GRANTS TO OTHER CHARITABLE ORGANIZATIONS

  • RECEIVED UNRESTRICTED DONATIONS TOTALING $19,450. MADE GRANTS AND DONATIONS TOTALING $35,703 TO PRISON MINISTRY, COLLEGE SCHOLARSHIP FUNDS, CHURCH COLUMBARIUM MAINTENANCE AND OTHER CHARITABLE ORGANIZATIONS

    Expenses $35,703 · Revenue $19,450

  • MANAGED INVESTMENT ASSETS TO GENERATE INCOME AND INCREASE ASSET VALUES

    Expenses $3,879 · Revenue $26,894

  • DISBURSED FUNDS TO THE ESTHER PROJECT WHICH PROVIDES FINANCIAL AID TO NEEDY FAMILIES

    Expenses $3,161

As filed on the 2022 return.

Listed in Part VII

  • Mark King

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Thompson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Forest Frank

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Peter Hunter

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Bill Phillips

    TREASURER

    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

  • ST LUKES CHURCH

    $12,302

    COLUMBARIUM AND CHURCH MINISTRY

  • CLEMSON UNIVERSITY

    $10,000

    SCHOLARSHIP FUND

  • DAILY BREAD FOOD PANTRY

    $6,500

    FOOD AND HOPE TO FAMILIES IN NEED

  • HOPE PRISON MINISTRY

    $5,010

    PRISON MINISTRY

  • PALM BEACH ATLANTIC UNIVERSITY

    $2,500

    SCHOLARSHIP FUND

  • UNIVERSITY OF SOUTH CAROLINA

    $2,500

    SCHOLARSHIP FUND

Provenance

Return type
form_990
Tax year
2022
Filed
13 June 2023
IRS schema version
2022v5.0
Source object
202341649349300604

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