Public Charity

TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INC

TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INC, of BEAUFORT, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $571K in revenue, $671K in expenses, $7.7M in total assets. 36 publicly reported grants to this organization, totaling roughly $986K, appear in IRS filings.

EIN: 570767384 BEAUFORT, SC Two-Year Colleges NTEE: B41 Latest filing: 2025
Total Revenue$571K
Total Expenses$671K
Total Assets$7.7M
Grant Records36
Funding Total$986K
Filing Years2020–2025

Mission

THE MISSION OF THE TCL FOUNDATION IS TO FOSTER ENDURING RELATIONSHIPS THAT BUILD ADVOCACY AND SUPPORT FOR VARIOUS COLLEGE PROGRAMS AND SERVICES TO ADVANCE ALL CONSTITUENCIES WITHIN THE SERVICE DISTRICT. THE TCL FOUNDATION SUPPORTS THE TECHNICAL COLLEGE OF THE LOWCOUNTRY IN A VARIETY OF AREAS. RAISING FUNDS FOR STUDENT ASSISTANCE INCLUDING TUITION AND BOOKS, AIDING THE COLLEGE IN MAINTAINING STATE-OF-THE-ART INSTRUCTIONAL EQUIPMENT, FUNDING SPECIAL CAPITAL PROJECTS, AND RAISING FUNDS FOR SPECIAL PROJECTS INCLUDING NEW PROGRAM DEVELOPMENT TO PROMOTE A BETTER UNDERSTANDING OF THE COLLEGE, ITS MISSION, AND THE VALUE TO THE LOWCOUNTRY.

Where $100 goes at Technical College of the Lowcountry Foundation Inc

How Technical College of the Lowcountry Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$82 Programs the work itself
$5 Management running the organization
$13 Fundraising raising the next dollar

Inside the $82 for programs

$54
To provide direct assistance to the technical college of the lowcountry
66% of program spending
$14
To provide scholarships to students to attend the technical college of the lowcountry
17% of program spending
$14
To provide grants and scholarships to students to attend the technical college of the low country
About 17% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER Ali Cadmus
MEMBER Amelie Cromer
MEMBER Andrew Davis
MEMBER Dr John Newman
MEMBER Dr Rick Lawson
MEMBER Ginnie Kozak

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$724,720 20 grants
Education
$116,977 9 grants
Unspecified
$144,446 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $571K $671K $7.7M
2024 $452K $389K $8.4M
2023 $553K $313K $8.8M
2021 $476K $414K $10.6M
2020 $708K $356K $14.3M

Between 2020 and 2025, reported annual revenue declined from $708K to $571K (-19%), with total assets most recently reported at $7.7M.

Interactive year-over-year charts and full filing details available with membership.

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