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Charleston Restaurant Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800698333 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is Charleston Restaurant Foundation Inc?

The Charleston Restaurant Foundation Inc, located in Charleston, South Carolina, serves as a dedicated nonprofit organization that supports the local culinary industry. Their primary mission is to raise awareness of the Charleston area's culinary community by hosting various events. A portion of the proceeds from these events is allocated to contributing to local charities and culinary education programs. One of their notable initiatives is the Lowcountry Oyster Festival, which is a significant event that they host. The Charleston Restaurant Foundation Inc is actively engaged in promoting and nurturing the culinary scene in Charleston, South Carolina.


Official website here: www.lowcountryoysterfestival.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)

The Charleston Restaurant Foundation Inc has earned a Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 95%, the organization demonstrates a solid commitment to financial health and transparency, which is crucial for donor trust and support. This rating is based entirely on the accountability and finance beacon score, highlighting the foundation's effective governance practices.

Key strengths of the foundation include a fully independent board with 10 out of 10 points in both majority independent board members and board size. Additionally, the foundation has no material diversion of assets, reflecting its integrity in financial management. The organization also scores well on its policies, including conflict of interest, whistleblower, and document retention, further showcasing its commitment to ethical operations.

However, while the Program Expense Ratio is strong at 68.47%, there is still room for improvement in optimizing funds directed towards programs. Overall, the Charleston Restaurant Foundation Inc presents itself as a trustworthy nonprofit with a solid structure for accountability and finance management, making it a worthy option for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Charleston Restaurant Foundation Inc legitimate?

Charleston Restaurant Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charleston Restaurant Foundation 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

For more financial information, click here


Official website here: www.lowcountryoysterfestival.com

What is the mission statement of Charleston Restaurant Foundation Inc?

The Charleston Restaurant Foundation Inc's mission is centered around raising awareness of the local culinary community in a particular area. They achieve this through various events. A significant portion of the earnings from these events is allocated to supporting local charities and culinary education programs. The foundation supports the Charleston area culinary industry by hosting events such as the Lowcountry Oyster Festival.


Official website here: www.lowcountryoysterfestival.com

Who is the CEO of Charleston Restaurant Foundation Inc?

Johnathan Kish is the President of Charleston Restaurant Foundation Inc.


Official website here: www.lowcountryoysterfestival.com

What is the revenue of Charleston Restaurant Foundation Inc?

Charleston Restaurant Foundation Inc's revenue in 2023 was $198,862.


Official website here: www.lowcountryoysterfestival.com

Who are the executives of Charleston Restaurant Foundation Inc and what are their salaries?

There 250 volunteers at Charleston Restaurant Foundation Inc.


Here are 12 key members and their salaries:


Johnathan Kish (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Saboe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Athan Fokas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Keener (Historian; Non-Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger Grimes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Mcmillan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Werner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Larymore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Westerhold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lowcountryoysterfestival.com

Where can I find the form 990 for Charleston Restaurant Foundation Inc?

Charleston Restaurant Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lowcountryoysterfestival.com

Learn more at the official website: www.lowcountryoysterfestival.com

Mission Statement of Charleston Restaurant Foundation Inc

The Charleston Restaurant Foundation, Inc., a prominent organization, is devoted to raising awareness of the Charleston area's culinary community. They accomplish this mission through a variety of events. A significant portion of the income generated from these events is allocated to supporting local charities and culinary education programs. By hosting events and contributing to these causes, the foundation strengthens its connection with the Charleston area's culinary industry. One of their most notable events is the Lowcountry Oyster Festival, which further highlights their commitment to the community. By engaging with the culinary scene and contributing to local causes, the Charleston Restaurant Foundation, Inc., plays an essential role in promoting and supporting the Charleston area's culinary community.

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Impact




October, 2024

Charleston Restaurant Foundation Inc significantly enhances the culinary landscape of Charleston by promoting and supporting the local culinary community. Through a variety of events, including the popular Lowcountry Oyster Festival, they raise awareness of the region’s rich food culture.

A portion of the proceeds from these events is directed towards local charities and culinary education programs, providing vital support to both community initiatives and educational opportunities for aspiring chefs. This dual focus not only fosters a vibrant food scene but also contributes to the overall well-being of the community by ensuring that culinary education and charitable efforts are sustained. The foundation's impact resonates deeply within the Charleston area, making it a catalyst for culinary celebration and philanthropy.




This information is meant to be a general summary of Charleston Restaurant Foundation 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.

Revenue
$198,862 (2023)
Expenses
$151,618 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $626,002

Assets and Liabilities:

  • Total Assets: $139,509
  • Total Liabilities: $1,008
  • Net Assets: $138,501

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Organization Details

Founding Year

2010

Principal Officer

Johnathan Kish

Main Address

375 MEETING STREET, CHARLESTON, SC, 29403

NTEE Category

Code: T12 - Philanthropy

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