Berkeley Hall Charitable Foundation EIN 46-4739893

Berkeley Hall Charitable Foundation FY2020 filing

EIN  46-4739893 Public foundation / grantmaker Bluffton, SC
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Improves lives and promotes giving in Bluffton and Beaufort County, especially for vulnerable residents.
Leadership
William Reddersen · 2020 Chairma
Money in and out
$260K revenue, $238K expenses
Bottom line
99% program efficiency

Improves lives and promotes giving in Bluffton and Beaufort County, especially for vulnerable residents. For fiscal year 2020 it reported $260K in revenue, $238K in expenses, and $66K in net assets.Pt I

Grants paid & assets · FY2020
Total revenue
$260K
Pt VIII · Ln 12
Total expenses
$238K
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$260K
FY2020
Expenses
$238K
FY2020
Total assets
$66K
FY2020
Total liabilities
$0
FY2020
Total revenue
$260K
Pt VIII · Ln 12
Total expenses
$238K
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$66K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $235K of program spending, described in the organization's own filed words · FY2020.
01

Improve the quality of life of bluffton, SC community residents and residents of neighboring beaufort county, especially those who are most vulnerable, promote philanthropy, and act as an effective steward of charitable funds.

$235Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBerkeley Hall Charitable Foundation
EINHdr · item D46-4739893
Principal addressHdr · item CBluffton, SC
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
2020 Chairma
$0Pt VII · Sec A
2020 Secreta
$0Pt VII · Sec A
2020 Treasur
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Berkeley Hall Charitable Foundation executive salaries →

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Statement of Revenue

Part VIII
Other revenue$224K · 86%
Contributions & grants$35K · 14%
Other revenue86%$224K
Contributions & grants14%$35K
Total revenueLn 12$260K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$235K
Management & general1%$3K
Total functional expensesLn 25$238K

Balance Sheet

Part X · end of year
CashLn 1$66K
Total assetsLn 16$66K
Total liabilitiesLn 26$0
Total net assetsLn 32$66K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $66K · Operating expenses/yr $238K
3.3 months
Where the money goes
Program services
Program services $235K · Total expenses $238K
99%
Management & General
Management & general $3K · Total expenses $238K
1%
Fundraising
Fundraising $0 · Total expenses $238K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $35K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $35K · Total revenue $260K
14%
Government reliance
Government grants — · Total revenue $260K
Earned-income share
Program service revenue $0 · Total revenue $260K
0%
Investment reliance
Investment income $0 · Total revenue $260K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $238K
0%
Growth & trend
Revenue growth (YoY)
This year $260K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $66K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $260K · Expenses $238K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $66K
Net-asset ratio
Net assets $66K · Total assets $66K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $66K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual William Reddersen · Reported title 2020 CHAIRMA · Highest reported compensation $0 · Total expenses $238K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $238K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Legal fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 58 grants · $1.5M · 2020–2024
Bluffton Self Help INCSC · FY2022$75,000
Memory MattersSC · FY2022$25,000
Hospice Care of the LowcountrySC · FY2022$25,000
NocSC · FY2022$25,000
Second HelpingsSC · FY2022$22,500
Low Country Legal VolunteersSC · FY2022$20,000
Hopeful HorizonsSC · FY2022$15,000
CapaSC · FY2022$15,000
See all 58 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$55K revenue · ⤓ 990 PDF
FY2023$470K revenue · ⤓ 990 PDF
FY2022$478K revenue · ⤓ 990 PDF
FY2021$362K revenue · ⤓ 990 PDF
FY2020$260K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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