Overview
What is St Lukes Foundation Of Hilton Head Inc?
St. Luke's Foundation of Hilton Head Inc is a nonprofit organization situated in Hilton Head Island, South Carolina, specifically at 50 Pope Avenue. Their primary mission involves managing investment and endowment funds, administering scholarship programs, and providing grants to various charitable organizations. Over the past year, they have received unspecified funds and made charitable contributions totaling $35,703 to organizations such as prison ministry, college scholarship funds, church columbarium maintenance, and other charitable entities. In addition to financial aid, St. Luke's Foundation also demonstrates support for the community by offering donations to enhance their local landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
St. Luke's Foundation of Hilton Head Inc has achieved an impressive 94% score, reflecting its strong commitment to accountability and finance. The organization has earned a Four-Star rating, indicating that it demonstrates best practices in financial management and accountability. This rating is based solely on its accountability score, highlighting the foundation's dedication to responsible governance.
The foundation showcases a robust governance structure with a fully independent board and effective policies in place. All board members are independent, and the organization has no recorded material diversion of assets. Additionally, it has a conflict of interest policy, a whistleblower policy, and a documented retention and destruction policy, indicating a high level of operational integrity.
Financially, St. Luke's Foundation appears to be in excellent shape, with a liabilities-to-assets ratio of 0.00% and a significant program expense ratio of 87.58%. This suggests that a large portion of its funds is directed towards its programs, enhancing its impact in the community it serves. Overall, the foundation's strengths in governance and financial health underscore its commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Lukes Foundation Of Hilton Head Inc legitimate?
St Lukes Foundation Of Hilton Head Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Lukes Foundation Of Hilton Head Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of St Lukes Foundation Of Hilton Head Inc?
The St. Luke's Foundation of Hilton Head Inc's primary role is to manage investment and endowment funds, oversee scholarship programs, and make grants to various charitable organizations. This foundation utilizes un Restricted donations, totalling $19,450, to support its activities. In addition, it disperses grants and donations, amounting to $35,703, to organizations focusing on prison ministry, college scholarship funds, church columbarium maintenance, and other charitable causes.
Who is the CEO of St Lukes Foundation Of Hilton Head Inc?
Peter Hunter is the Chairman of St Lukes Foundation Of Hilton Head Inc.
What is the revenue of St Lukes Foundation Of Hilton Head Inc?
St Lukes Foundation Of Hilton Head Inc's revenue in 2022 was $46,344.
Who are the executives of St Lukes Foundation Of Hilton Head Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for St Lukes Foundation Of Hilton Head Inc?
St Lukes Foundation Of Hilton Head Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Lukes Foundation Of Hilton Head Inc
St. Luke's Foundation of Hilton Head Inc is committed to managing investment and endowment funds and administering scholarship programs. This mission extends to making grants to various other charitable organizations. The foundation's primary role is to allocate resources effectively, ensuring that deserving charities receive the necessary financial support. By managing investment funds, St. Luke's Foundation contributes to the growth of its resources, enabling it to make substantial grants and donations to a wide range of charitable organizations.
In addition to financial management, St. Luke's Foundation of Hilton Head Inc also focuses on scholarship programs. By administering these scholarships, the foundation aims to support individuals seeking higher education, thereby empowering them with knowledge and skills that can contribute positively to their communities and society at large. Furthermore, the foundation extends its support to other charitable organizations, making donations and grants to various causes, including prison ministry, church columbarium maintenance, and college scholarship funds.
In summary, St. Luke's Foundation of Hilton Head Inc is a charitable organization dedicated to the management of investment and endowment funds, the administration of scholarship programs, and the making of grants and donations to other charitable organizations. Through these activities, the foundation plays a significant role in supporting education, community development, and various charitable causes.
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Impact
August, 2024
St. Luke's Foundation of Hilton Head Inc contributes to the community by managing investment and endowment funds, administering scholarship programs, and making grants to various charitable organizations. In a recent period, the foundation received $19,450 in unrestricted donations and distributed $35,703 in grants and donations. These funds supported initiatives such as prison ministry, college scholarship funds, church columbarium maintenance, and other charitable causes. Through its philanthropic efforts, St. Luke's Foundation of Hilton Head Inc positively impacts the lives of many individuals and organizations in Hilton Head Island and beyond.
This information is meant to be a general summary of St Lukes Foundation Of Hilton Head Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $26,894
- Gross Receipts: $139,342
Assets and Liabilities:
- Total Assets: $558,482
- Total Liabilities: $0
- Net Assets: $558,482
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Organization Details
Founding Year
2011
Principal Officer
Peter Hunter
Main Address
50 POPE AVENUE, HILTON HEAD ISLAND, SC, 29928
NTEE Category
Code: T31 - Philanthropy
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