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EIN 27-1777206

The Jim and Margaret Krum Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Hilton Head Island
State
South Carolina
Year formed
2009
Most recent tax filings
2023-06-01
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
Description
The Jim and Margaret Krum Foundation operates exclusively to benefit, perform functions of, or carry out the purposes of the Community Foundation of the Lowcountry, Inc. The Foundation incurs additional program expenses that aid in aligning their functions with the mission.
Related structure
The Jim and Margaret Krum Foundation is a subordinate organization under Community Foundation of the Lowcountry.
Total revenues
$84,195
2023
Total expenses
$498,940
2023
Total assets
$11,252,230
2023
Num. employees
0
2023

Program areas at The Jim and Margaret Krum Foundation

The Foundation's additional program expenses aid The Foundation in aligning their functions with The mission.

Grants made by The Jim and Margaret Krum Foundation

GranteeGrant descriptionAmount
Community Foundation of the LowcountryProgram Support$6,000

Personnel at The Jim and Margaret Krum Foundation

NameTitleCompensation
Emmy RooneySecretary and Treasurer$0
Martin CohnChairman$3,000
Wade WebsterVice Chairman$0

Financials for The Jim and Margaret Krum Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$5,751
Program services$0
Investment income and dividends$41,880
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$36,539
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$25
Total revenues$84,195

Form 990s for The Jim and Margaret Krum Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-12990View PDF
2021-062021-11-12990View PDF
2020-062021-04-02990View PDF
2019-062020-02-03990View PDF
...and 8 more Form 990s

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BcecHastings, MI$110,611
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Friends Of L A R CLos Angeles, CA$169,417
Commonwealth Corporation FoundationBoston, MA$206,047
Data update history
July 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Used new vendors
Identified 1 new vendor, including
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Funds one specific organizationProvides grantsState / local levelProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
4 Northridge Dr Ste A
Hilton Head Island, SC 29926
Metro area
Hilton Head Island-Bluffton, SC
County
Beaufort County, SC
Website URL
cf-lowcountry.org/ 
Phone
(843) 681-9100
IRS details
EIN
27-1777206
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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