NonprofitsHeritage Classic Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Heritage Classic Foundation

HILTON HEAD, SC

Total revenue

$19.0M

Total expenses

$16.5M

Net assets

$8.1M

Grants received

$2.9M

125 grants

EIN

570835114

Tax year

2024

Mission

The heritage classic foundation's primary exempt purpose is to distribute the net profits from a pga tour event to local and statewide charities.

Programs

2 programs

The champions fore charity and birdies for charity are programs we have to encourage donations to local charitable organizations wherein our organization supplements those donations for the benefit of other specific not-for-profit organizations.

Expenses: $3.1MGrants: $3.1M

Our tartan club program supports the heritage classic foundation's scholar program.

Expenses: $13KGrants: $13K

Financials

FY 2024

Revenue

Contributions & grants$3.2M
Program service revenue$14.9M
Investment income$362K
Other revenue$588K
Total revenue$19.0M

Expenses

Grants paid$4.0M
Salaries & benefits$1.8M
Fundraising$500
Other expenses$10.7M
Total expenses$16.5M
Total assets$16.8M
Net assets$8.1M

People

23 listed

NameRoleCompensation

STEPHEN J WILMOT

President & CEO

Board

$310K

40 hrs/wk

J SIMON FRASER

Chairman

Board

$18K

16 hrs/wk

RICHARD P REICHEL

Treasurer

Board

16 hrs/wk

CARY CORBITT

Trustee

Board

8 hrs/wk

STEVEN P BIRDWELL

Trustee

Board

2 hrs/wk

MARC GRANT

Trustee

Board

2 hrs/wk

LISA SULKA

Trustee

Board

2 hrs/wk

TRICIA B LYNCH

Trustee

Board

2 hrs/wk

WILLIAM G MILES

Secretary

Board

16 hrs/wk

DONALD F CALHOON

Trustee

Board

8 hrs/wk

SCOTT H RICHARDSON

Trustee

Board

8 hrs/wk

TERRY A FINGER

VICE CHARIRMAN

Board

16 hrs/wk

CHARLES C ROUNTREE III

Trustee

Board

8 hrs/wk

W DOUGLAS SMITH

Trustee

Board

8 hrs/wk

PAMELA P LACKEY

Trustee

Board

2 hrs/wk

CHRISTOPHER L CORKERN

Trustee

Board

2 hrs/wk

AL KENNICKELL

Trustee

Board

2 hrs/wk

MIKE MANESOTIS

Trustee

Board

2 hrs/wk

ANN MCBRIEN

Trustee

Board

2 hrs/wk

JEFFREY G REILLEY

Trustee

Board

2 hrs/wk

DEREK R PATON

VP SALES & MARKETING

Staff

$265K

40 hrs/wk

JAMES M IVESTER

DIRECTOR OF CORPORATE SALES

Staff

$199K

40 hrs/wk

MORGAN HYDE

VP OPERATIONS

Staff

$117K

40 hrs/wk

Grants received

Showing 125 of 125

FromAmountPurposeYear
$228K
GENERAL SUPPORT
2024
$57K
operating fund and general assistance.
2024
$30K
UNRESTRICTED GENERAL SUPPORT
2024
$30K
MISC CHARITY CAUSES
2024
$22K
Public, Societal Benefit
2024
$16K
GENERAL SUPPORT
2024
$10K
Scholarship Program
2024
$10K
PHILANTHROPY
2024
$9K
CONTRIBUTION
2024
$8K
COMMUNITY & HUMAN SERVICES
2024
$6K
GIVING AND GENEROSITY
2024
$6K
RELIGIOUS, SCIENTIFIC, OR EDUCATIONAL, ETC.
2024
$5K
GENERAL SUPPORT
2024
$1K
TO BENENFIT CHARITABLE CAUSES
2024
$1K
UNRESTRICTED CHARITABLE CONTRIBUTION
2024
$245K
GENERAL SUPPORT
2023
$136K
For grant recipient's exempt purposes
2023
$87K
PUBLIC, SOCIETAL BENEFIT
2023
$23K
UNRESTRICTED GENERAL SUPPORT
2023
$20K
CHARITABLE - GENERAL SUPPORT
2023
$14K
PHILANTHROPY
2023
$12K
OPERATING FUND AND GENERAL ASSISTANCE
2023
$10K
OPERATING FUND
2023
$10K
Scholarship Program
2023
$9K
EDUCATIONAL
2023
$8K
VARIOUS PROJECTS
2023
$6K
RELIGIOUS, SCIENTIFIC, OR EDUCATIONAL, ETC.
2023
$5K
GENERAL SUPPORT
2023
$3K
CHARITABLE
2023
$3K
CHARITABLE CONTRIBUTION
2023
$1K
TO BENENFIT CHARITABLE CAUSES
2023
$245K
GENERAL SUPPORT
2022
$86K
For grant recipient's exempt purposes
2022
$51K
UNRESTRICTED GENERAL SUPPORT
2022
$35K
PUBLIC, SOCIETAL BENEFIT
2022
$19K
BENEFIT CHARITABLE PURPOSES
2022
$15K
CHAMPIONS FORE CHARITY - THE SANDBOX CHILDRENS MUSEUM
2022
$14K
CHAMPIONS FORE CHARITY - HILTON HEAD SYMPHONY ORCHESTRA
2022
$11K
EDUCATIONAL
2022
$10K
GENERAL OPERATING PURPOSES
2022
$10K
GENERAL OPERATING SUPPORT
2022
$10K
CHARITABLE - GENERAL SUPPORT
2022
$10K
THE JUNIOR JAZZ FOUNDATION $3000 WORLD AFFAIRS COUNCIL OF HILTON HEAD $2000 LOWCOUNTRY GULLAH FOUNDATION $5000
2022
$9K
Scholarship Program
2022
$8K
CONTRIBUTION
2022
$6K
BORGHESI - BIRDIES FOR CHARITIES
2022
$6K
RELIGIOUS, SCIENTIFIC, OR EDUCATIONAL, ETC.
2022
$6K
TO BENENFIT CHARITABLE CAUSES
2022
$3K
Program Support
2022
$3K
CHARITABLE CONTRIBUTION
2022
$1K
SUPPORTING CHARITABLE ACTIVITIES
2022
$150K
For grant recipient's exempt purposes
2021
$150K
For grant recipient's exempt purposes
2021
$38K
PUBLIC, SOCIETAL BENEFIT
2021
$29K
CHAMPIONS FORE CHARITY: HILTON HEAD DEEP WELL PROJECT
2021
$19K
OPERATING FUND
2021
$19K
EDUCATIONAL
2021
$10K
GENERAL
2021
$5K
RELIGIOUS, SCIENTIFIC, OR EDUCATIONAL, ETC.
2021
$3K
Program Support
2021
$2K
TO BENENFIT CHARITABLE CAUSES
2021
$63K
For grant recipient's exempt purposes
2020
$20K
community
2020
$20K
GENERAL
2020
$10K
Scholarship Program
2020
$8K
OPERATING FUND
2020
$7K
PUBLIC, SOCIETAL BENEFIT
2020
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$5K
RELIGIOUS, SCIENTIFIC, OR EDUCATIONAL, ETC.
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$5K
CHARITABLE CONTRIBUTION
2020
$2K
PROGRAM SUPPORT
2020
$2K
UNRESTRICTED CHARITABLE CONTRIBUTION
2020
$2K
PROGRAM SUPPORT
2020
$2K
SCHOLARSHIPS
2020
$1K
MEMORY MATTERS GALA
2020
$103K
For grant recipient's exempt purposes
2019
$20K
PUBLIC, SOCIETAL BENEFIT
2019
$3K
Program Support
2019
$128K
For grant recipient's exempt purposes
2018
$23K
COMMUNITY
2018
$21K
PUBLIC, SOCIETAL BENEFIT
2018
$13K
UNRESTRICTED
2018
$6K
General funding.
2018
$1K
UNRESTRICTED CHARITABLE CONTRIBUTION
2018
$1K
TO BENEFIT CHARITABLE CAUSES
2018
$31K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$2.9M from 44 funders · 125 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$815K · 7 grants · 2018–2023

Pga Tour Inc

$718K · 3 grants · 2022–2024

Donor Advised Charitable Giving Inc

$238K · 7 grants · 2017–2023

Community Foundation of the Lowcountry

$233K · 7 grants · 2020–2023

Morgan Stanley Global Impact Funding Trust Inc

$109K · 4 grants · 2020–2024

Grapevine giving foundation

$88K · 3 grants · 2022–2024

The Kilrea Foundation

$60K · 4 grants · 2020–2023

The Gleason Family Foundation Inc

$55K · 3 grants · 2022–2024

Details

EIN570835114
NTEE codeT70Z
Subsection03
Ruling date1989-08
Formed1987
Employees13
Volunteers1200
HERITAGE CLASSIC FOUNDATION — Mission, Financials & Grants Received | Grantivo