FRANCES P BUNNELLE FOUNDATION COASTAL COMMUNITY FOUNDATION OF SC

EIN: 571095197 501(c)(3) Philanthropy & Grantmaking

PAWLEYS ISLAND, SC

Total Revenue
$2,329,946
Total Expenses
$3,212,077
Total Assets
$48,214,684
Net Assets
$47,203,983
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
SC
Principal Officer
ASHLEY NELSON
Phone
8437235736
Tax Period
2025-01-01 to 2025-12-31

FRANCES P BUNNELLE FOUNDATION COASTAL COMMUNITY FOUNDATION OF SC, founded in 2000, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.2M exceeded revenue, resulting in a 38% operating deficit.

Mission

THE VISION OF THE FRANCES P. BUNNELLE FOUNDATION IS A DIVERSE COMMUNITY WITH ABUNDANT OPPORTUNITY FOR WORK, RECREATION AND SUSTAINABLE LIVING. THE FOUNDATION BUILDS COMMUNITY BY LISTENING TO, LEARNING FROM, AND SERVING LOCAL NONPROFIT ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $1,414,286

THE FRANCES P. BUNNELLE FOUNDATION SERVES THE GEORGETOWN COUNTY REGION THROUGH A ROBUST GRANTMAKING PROGRAM AND LEADS OTHER IMPORTANT COMMUNITY-WIDE INITIATIVES. THE BUNNELLE CENTER: IN 2025, THE...

Read more

THE FRANCES P. BUNNELLE FOUNDATION SERVES THE GEORGETOWN COUNTY REGION THROUGH A ROBUST GRANTMAKING PROGRAM AND LEADS OTHER IMPORTANT COMMUNITY-WIDE INITIATIVES. THE BUNNELLE CENTER: IN 2025, THE FOUNDATION CONTINUED TO MAKE MEETING SPACE AVAILABLE AT NO CHARGE TO NONPROFITS SERVING GEORGETOWN COUNTY. THE BUILDING INCLUDES TWO MEETING ROOMS, ONE WITH STATE-OF-THE-ART TECHNOLOGY THAT CAN ACCOMMODATE 30 PEOPLE, AND ANOTHER SMALL MEETING ROOM THAT CAN ACCOMMODATE 12. PALMETTO GIVING DAY: THE FOUNDATION WAS PROUD TO SUPPORT PALMETTO GIVING DAY IN 2025 WITH MATCHING FUNDS AND ADMINISTRATIVE SUPPORT. OVER $4.2 MILLION WAS RAISED OVER A 36-HOUR PERIOD THROUGH ONLINE GIVING TO SUPPORT 89 ORGANIZATIONS THAT SERVE GEORGETOWN COUNTY. PATHWAYS TO POSSIBILITIES: IN 2025 THE FOUNDATION HOSTED THE 7TH ANNUAL PATHWAYS TO POSSIBILITIES CAREER EXPO WHICH REACHED OVER 6,200 8TH GRADERS FROM 10 COUNTIES. THE EVENT CONNECTS STUDENTS WITH CAREER EDUCATION AND FUTURE OPPORTUNITIES WITH OVER 100 REGIONAL EMPLOYERS IN AN INTERACTIVE WORKFORCE DEVELOPMENT EXPERIENCE.

Program 2
Expenses: $1,317,070 Revenue: $5,000

GRANTMAKING: IN 2025 THE FOUNDATION AWARDED OVER $1.3M IN GRANTS TO 112 DIFFERENT ORGANIZATIONS THAT SUPPORT GEORGETOWN COUNTY IN THE AREAS THAT MEET THE BUNNELLE MISSION. THESE GRANTS WERE...

Read more

GRANTMAKING: IN 2025 THE FOUNDATION AWARDED OVER $1.3M IN GRANTS TO 112 DIFFERENT ORGANIZATIONS THAT SUPPORT GEORGETOWN COUNTY IN THE AREAS THAT MEET THE BUNNELLE MISSION. THESE GRANTS WERE DISTRIBUTED AS FOLLOWS: 124 GRANTS TOTALING $567,763 SUPPORTING YOUTH DEVELOPMENT PROGRAMS, 83 GRANTS TOTALING $285,715 SUPPORTING HUMAN NEEDS PROGRAMS, 7 GRANTS TOTALING $20,830 SUPPORTING ECONOMIC VITALITY INITIATIVES, 25 GRANTS TOTALING $392,792 SUPPORTING ENVIRONMENTAL PROGRAMS, AND 12 GRANTS TOTALING $49,970 SUPPORTING ROOT CAUSES OF POVERTY EFFORTS.

Program 3

CRADLE TO CAREER: THE CRADLE TO CAREER (C2C) INITIATIVE HIGHLIGHTS THE BUNNELLE FOUNDATION'S WORK TO ENSURE THAT ALL YOUNG PEOPLE IN GEORGETOWN COUNTY WILL HAVE THE CHARACTER, COMPETENCIES...

Read more

CRADLE TO CAREER: THE CRADLE TO CAREER (C2C) INITIATIVE HIGHLIGHTS THE BUNNELLE FOUNDATION'S WORK TO ENSURE THAT ALL YOUNG PEOPLE IN GEORGETOWN COUNTY WILL HAVE THE CHARACTER, COMPETENCIES, CREATIVITY AND MOTIVATION REQUIRED FOR TRADITIONAL AND NEW ECONOMY JOBS. THE INITIATIVE WAS CREATED TO ADDRESS THE TREND OF YOUNG PEOPLE LEAVING GEORGETOWN COUNTY AFTER HIGH SCHOOL DUE TO A LACK OF OPPORTUNITIES IN THE AREA, PROMOTING POSITIVE YOUTH DEVELOPMENT AND ECONOMIC VITALITY THROUGH PARTNERSHIPS THAT WILL HELP CREATE OPPORTUNITIES IN GEORGETOWN COUNTY. PROJECTS INCLUDE INTERNSHIPS FOR COLLEGE STUDENTS WITH LOCAL BUSINESSES AND A YOUTH BOARD FOR HIGH SCHOOL STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $86,120
Program Service Revenue $0
Investment Income $2,238,826
Other Revenue $5,000
TOTAL REVENUE $2,329,946

Expense Breakdown

Grants Paid $1,317,070
Salaries & Benefits $543,549
Fundraising Expenses $0
Program Expenses $2,731,356
Other Expenses $1,351,458
TOTAL EXPENSES $3,212,077

Year-over-Year Comparison

2025 2024 Change
Revenue $2,329,946 $2,102,911 +0.1%
Expenses $3,212,077 $5,204,609 -0.4%
Net Income $-882,131 $-3,101,698 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$645,700
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAY C FUNNYE DIRECTOR 3.00
Director
$0 $0 $0
LEIGH P BOAN DIRECTOR 3.00
Director
$0 $0 $0
C MICHAEL BRANHAM DIRECTOR 3.00
Director
$0 $0 $0
DR BETTY D CLARK DIRECTOR 3.00
Director
$0 $0 $0
SARAH P SMITH CHAIRMAN 3.00
Officer Director
$0 $0 $0
JANE LITZ CFO THRU 10/30/25 1.00
Officer
$0 $21,172 $257,699
GEALES SANDS EXECUTIVE DIRECTOR THRU 6/30/25 45.00
Officer
$0 $5,140 $105,805
CHRIS BALLAD CFO BEGIN 11/1/25 1.00
Officer
$0 $26,442 $163,692
ASHLEY NELSON EXECUTIVE DIRECTOR BEGIN 12/1/25 1.00
Officer
$0 $20,428 $118,504
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,329,946 $3,212,077 $48,214,684 $-882,131
2024 No data No data No data No data
2023 $1,037,003 $3,440,118 $43,887,161 $-2,403,115
2022 $2,049,442 $3,209,019 $41,493,327 $-1,159,577
2021 $4,044,110 $2,997,489 $50,346,506 $1,046,621
2020 $1,639,589 $2,851,493 $44,140,856 $-1,211,904
2019 $1,447,049 $2,560,918 $41,897,888 $-1,113,869
2018 $2,771,761 $2,289,716 $37,716,189 $482,045
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRANCES P BUNNELLE FOUNDATION COASTAL COMMUNITY FOUNDATION OF SC with other nonprofits in South Carolina and across the country.