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Coastal Community Foundation of South Carolina

N Charleston, SC · EIN 23-7390313 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Coastal Community Foundation of South Carolina reported $46.3 million in revenue and $40.6 million in expenses for calendar year 2024. Of every $100 it spent, $82.03 went to program services, $15.46 to management and general costs and $2.51 to fundraising. Its largest source of revenue was contributions and grants: 52.3% of the total. The highest compensation it reported for one person was $400,983 (CEO). 8 people received more than $100,000 in reportable compensation. Revenue fell 6% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $41M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $46M

Other revenue was negative: −$266K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
82.0%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
15.5%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.5%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
52.3%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
10.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$400,983$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.99%1.56%
People paid over $100,000
Part VII, line 2
83
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
126.156.6
Independent voting board members
Part VI 1a–1b
20 of 20100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$33M expenses · 100.0% of program spending · grants $29M · revenue $4.7M

Philanthropy - as south carolina's largest Community Foundation and a recognized trusted philanthropic leader in the southeast, coastal cmmunity foundation (ccf) delivers donor-centered guidance and exceptional stewardship to individuals, families, and organizations. With a proven ability to transform bold ideas into meaningful action, we help fund programs that address urgent needs and sustain vital community initiatives for generations. Ccf's 50th anniversary in 2024 celebrated providing over $433m in philanthropic grantmaking and scholarship distributions since inception

— expenses

Grantmaking - with robust expertise in long-term charitable giving and emergency response, the foundation delivers vital operational and catalytic support across our nine-county service area. 2,369 grants and scholarships were disbursed during the year totaling $28.5m. These investments reflect our commitment to building stronger, more resilient communities fueling progress in key areas: human needs $7m; education $9.9m; health initiatives: $3m; environmental efforts: $1.6m; arts: $2.4m; faith-based programs: $918k; neighborhood & community development: $2.7m; philanthropy: $624k; social…

— expenses

Strategic initiatives include 1) the foundation's scholarship programs awarded 192 scholarships totaling $833k, expanding access to higher education across the region; 2) the catalyst grant program provided $2.4m in funding with a $4.3m future multi-year commitment, to nonprofits in beaufort, colleton, hampton, and jasper counties to advance collaboration, build strategic capacity, and drive community innovation. Grants support initiatives with measurable impact through partnerships, organizational strengthening, and solutions that address local needs for up to five years. Some grantees may…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 50.00 hrs/week
$318,000$0$82,983$400,983
CFO
Officer, 50.00 hrs/week
$221,952$0$31,369$253,321
CHIEF STRATEGY OFFICER
Officer, 50.00 hrs/week
$187,270$0$32,887$220,157
VP OF TALENT & OPERATIONS
Highest compensated employee, 50.00 hrs/week
$147,696$0$24,653$172,349
SR DIRECTOR FINANCE & CONTROLLER
Highest compensated employee, 50.00 hrs/week
$122,383$0$36,464$158,847
SR DIRECTOR MARKETING & COMMUNICATIONS
Highest compensated employee, 50.00 hrs/week
$111,726$0$38,103$149,829
SR DIRECTOR DEVELOPMENT & STEWARDSHIP
Highest compensated employee, 50.00 hrs/week
$123,564$0$15,872$139,436
VP OF GRANTMAKING AND COMMUNITY LEADERSHIP
Highest compensated employee, 50.00 hrs/week
$124,419$0$11,116$135,535

8 people received more than $100,000 in reportable compensation from Coastal Community Foundation of South Carolina (Part VII, line 2). Compensation of current officers, directors and key employees totaled $727K (Part IX, line 5).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$25M$50M$75M$100MFY2020FY2021FY202220232024$46M$41M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$46M$41M82.0%$426M$400,983
2023 ⓘ$59M$33M79.6%$385M$331,501
FY2022 (6 mo.) ⓘ$53M$15M80.1%$324M$334,197
FY2022 ⓘ$80M$27M79.3%$289M$301,286
FY2021 ⓘ$34M$22M78.6%$280M$278,147
FY2020 ⓘ$49M$30M84.5%$210M$268,838

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b20 · 20 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 563
  • Volunteers Part I, line 6147

Private foundation grants it received

20 private foundations reported grants to Coastal Community Foundation of South Carolina totaling $986K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Coastal Community Foundation of South Carolina's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Coastal Community Foundation of South Carolina, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in South Carolina

Questions people ask

How much of Coastal Community Foundation of South Carolina's spending goes to programs?

In calendar year 2024, Coastal Community Foundation of South Carolina reported that 82.0% of its $40.6 million in expenses went to program services, 15.5% to management and general and 2.5% to fundraising (Form 990, Part IX).

How much does Coastal Community Foundation of South Carolina pay its top executive?

The largest total compensation Coastal Community Foundation of South Carolina reported for one person in calendar year 2024 was $400,983, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Coastal Community Foundation of South Carolina get its money?

Of $46.3 million in revenue in calendar year 2024, 52.3% came from contributions and grants and 10.0% from program service revenue (Form 990, Part VIII).

Is Coastal Community Foundation of South Carolina a registered charity?

The IRS lists EIN 23-7390313 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503159349303100 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413169349300136 · read the filing
  • FY2022 (6 mo.): Form 990 for the 6-month short period ending December 31, 2022, object 202313189349315761 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202243189349304974 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133199349321343 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013259349300936 · read the filing

All filings for EIN 23-7390313: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.