Also known as: BROKERS OF S C FOUNDATION
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Independent Insurance Agents Of South Carolina Foundation Incorpor is a private corporation based in COLUMBIA, SC. The foundation received its IRS ruling in 1985. It holds total assets of $639K. Annual income is reported at $199K. Total assets have grown from $505K in 2011 to $631K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in South Carolina. According to available records, Independent Insurance Agents Of South Carolina Foundation Incorpor has made 17 grants totaling $108K, with a median grant of $5K. Annual giving has grown from $31K in 2020 to $77K in 2022. Individual grants have ranged from $660 to $15K, with an average award of $6K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$660
Median Grant
$3K
Average Grant
$4K
Largest Grant
$15K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Independent Insurance Agents Of South Carolina Foundation Incorpor primarily funds organizations in the area of community development. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in SC.
Independent Insurance Agents Of South Carolina Foundation Incorpor has distributed a total of $108K across 17 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $660 to $15K.
Independent Insurance Agents Of South Carolina Foundation Incorpor typically selects its grantees rather than accepting unsolicited proposals.
Independent Insurance Agents Of South Carolina Foundation Incorpor is headquartered in COLUMBIA, SC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lee Ellis | TRUSTEE | $0 | $0 | N/A |
| Tom Bates | TRUSTEE | $0 | $0 | N/A |
| Frank Sheppard | PRESIDENT | $0 | $0 | N/A |
| Andrew N Theodore | CHAIR | $0 | $0 | N/A |
| Robert Moseley | TRUSTEE | $0 | $0 | N/A |
| L Victor Jowers Jr | VICE CHAIR | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$631K
Fair Market Value
$693K
Net Worth
$631K
Grants Paid
$39K
Contributions
$9K
Net Investment Income
$17K
Distribution Amount
$33K
Total: $601K
Total Grants
17
Total Giving
$108K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fdn Scholarships - 2000 EachEDUCATION | Columbia, SC | $14K | 2022 |
| IiabscSUPPORT EXEMPT PURPOSE | Columbia, SC | $10K | 2022 |
| Iianc ScholarshipsEDUCATION | Columbia, SC | $8K | 2022 |
| Iiabsc Young Agent ScholarshipsEDUCATION | Columbia, SC | $5K | 2022 |
| Cic Scholarships - 435 EachEDUCATION | Columbia, SC | $2K | 2022 |
| Fdn Scholarships - 1000 EachEDUCATION | Columbia, SC | $6K | 2020 |
| Clemson University & FdnSUPPORT EXEMPT PURPOSE | Clemson, SC | $3K | 2020 |
| University Of S CarolinaSUPPORT EXEMPT PURPOSE | Columbia, SC | $3K | 2020 |
| College Of CharlestonSUPPORT EXEMPT PURPOSE | Charleston, SC | $3K | 2020 |