2022-05-16T14:48:24-05:00 2021-06-30 990 2020-07-01 475524006 ECLT FOUNDATION INC ECLT 8432241849 PO BOX 2495 MOUNT PLEASANT SC 29465 TYLER GESPIN EXECUTIVE DIRECTOR 8432241849 2022-05-12 TYLER GESPIN 999009999 2020 2022-09-23 18:48:47Z JUSTIN CRAIG 0 false X N/A X 2015 SC THE ECLT FOUNDATION WAS CREATED TO SUPPORT THE EAST COOPER LAND TRUST (EIN 20-0473518), A TAX EXEMPT ORGANIZATION. THE ECLT FOUNDATION HOLDS TITLE TO A PROPERTY (THORNHILL FARMS) THAT WAS PURCHASED WITH A GRANT, AND A CONSERVATION EASEMENT WAS PLACED ON THE PROPERTY IMMEDIATELY AFTER BY THE EAST COOPER LAND TRUST. THERE MAY BE OTHER TRANSACTIONS SIMILAR TO THIS ONE AT SOME POINT IN THE FUTURE. ALL OPERATIONS WITH INCOME AND EXPENSES ARE RUN THE THE EAST COOPER LAND TRUST. 5 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2150000 2150000 0 2150000 2150000 X THE ECLT FOUNDATION WAS CREATED TO SUPPORT THE EAST COOPER LAND TRUST (EIN 20-0473518), A TAX EXEMPT ORGANIZATION. THE ECLT FOUNDATION HOLDS TITLE TO A PROPERTY (THORNHILL FARMS) THAT WAS PURCHASED WITH A GRANT, AND A CONSERVATION EASEMENT WAS PLACED ON THE PROPERTY IMMEDIATELY AFTER BY THE EAST COOPER LAND TRUST. THERE MAY BE OTHER TRANSACTIONS SIMILAR TO THIS ONE AT SOME POINT IN THE FUTURE. ALL OPERATIONS WITH INCOME AND EXPENSES ARE RUN THE THE EAST COOPER LAND TRUST. false false THE FOUNDATION CONTINUES TO HOLD TITLE TO THE PROPERTY AT THORNHILL FARMS. THE OPERATIONS OF THE FARM ARE CAPTURED ON THE TAX RETURN FOR THE EAST COOPER LAND TRUST. true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false false true false false SC X TYLER GESPIN 8432241849 PO BOX 2495 MOUNT PLEASANT SC 29464 X JUSTIN CRAIG CHAIRMAN 1.00 X 0 0 0 MARY MARTINICH SECRETARY 1.00 X 0 0 0 RICHARD MORRISON PAST CHAIRMA X 0 0 0 KEVIN ROURK TREASURER 1.00 X 0 0 0 JAMES WESTERHOLD VICE CHAIR X 0 0 0 false false false 0 0 0 0 0 2150000 2150000 2150000 2150000 2150000 0 0 X 2150000 2150000 2150000 2150000 2150000 2150000 0 X false false X X 1 EAST COOPER LAND TRUST 200473518 7 true 0 0 1 0 true false false false false false false false false false false false false false false true false 650000 650000 1500000 1500000 2150000 FORM 990 - ORGANIZATION'S MISSION THE ECLT FOUNDATION WAS CREATED TO SUPPORT THE EAST COOPER LAND TRUST (EIN 20-0473518), A TAX EXEMPT ORGANIZATION. THE ECLT FOUNDATION HOLDS TITLE TO A PROPERTY (THORNHILL FARMS) THAT WAS PURCHASED WITH A GRANT, AND A CONSERVATION EASEMENT WAS PLACED ON THE PROPERTY IMMEDIATELY AFTER BY THE EAST COOPER LAND TRUST. THERE MAY BE OTHER TRANSACTIONS SIMILAR TO THIS ONE AT SOME POINT IN THE FUTURE. ALL OPERATIONS WITH INCOME AND EXPENSES ARE RUN THE THE EAST COOPER LAND TRUST. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS PRESENTED TO THE BOARD FOR COMMENT AND REVIEW BEFORE FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C IN ANY SITUATION WHERE THERE IS POTENTIAL FOR AN ACTUAL OR APPARENT CONFLICT OF INTEREST, A BOARD MEMBER HAS A DUTY TO IMMEDIATELY DISCLOSE THE SITUATION TO THE BOARD. THIS INCLUDES, BUT IS NOT LIMITED TO, ALL INSTANCES WHERE A BOARD MEMBER OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY HOLDS A REAL PROPERTY INTEREST OR FINANCIAL INTEREST IN A PROPERTY THAT IS A LEGAL ABUTTER TO THE SUBJECT OF A PROPOSED ECLT ACTION. THE BOARD MAY DETERMINE ON A CASE-BY-CASE BASIS WHETHER AN ACTUAL OR APPARENT CONFLICT OF INTEREST PRECLUDES THE BOARD MEMBER FROM PARTICIPATION IN THE ACTION. IF A SIMPLE MAJORITY OF THE DISINTERESTED BOARD MEMBERS PRESENT AT ANY MEETING WHERE A QUORUM IS PRESENT DETERMINES THAT AN ACTUAL OR APPARENT CONFLICT SHOULD PRECLUDE AN INDIVIDUAL FROM PARTICIPATION IN AN ACTION, THE CONFLICTED BOARD MEMBER MUST ABSTAIN FROM DISCUSSION AND VOTING ON THE ISSUE, OTHER THAN TO PROVIDE OBJECTIVE INFORMATION. IN MAKING SUCH DETERMINATION, THE DISINTERESTED MEMBERS OF THE BOARD MUST EXERCISE THEIR NORMAL FIDUCIARY DUTY OF CARE TO THE ECLT. ECLT DISCLOSURE TO OTHER PARTIES: IN ADDITION TO INTERNAL ECLT DISCLOSURE, THE ECLT MUST BE AWARE THAT PUBLIC CREDIBILITY IS INSTRUMENTAL FOR THE ORGANIZATION'S LONGEVITY. THUS, IN ALL CASES WHERE A CONFLICT OF INTEREST HAS BEEN FORMALLY DISCUSSED IN A BOARD MEETING, THE ECLT HAS A DUTY TO DISCLOSE THE FACT AND OUTCOME OF SUCH DISCUSSION TO ALL PARTIES TO THE TRANSACTION. ECLT DISCLOSURE TO BOARD OF DIRECTORS: THE ECLT BOARD OF DIRECTORS HAS A DUTY TO DISCLOSE OTHER BOARD OR COMMITTEE APPOINTMENTS TO THE ECLT BOARD AND EXECUTIVE DIRECTOR FOR PURPOSES OF CAPITALIZING ON INVOLVEMENT IN OTHER COMMUNITY-BASED ORGANIZATIONS AND TO ENSURE THERE IS NO CONFLICT OF INTEREST. IF THE BOARD DETERMINES THAT A BOARD MEMBER HAS VIOLATED THIS POLICY, THE BOARD MAY REMOVE THE BOARD MEMBER FROM THE ECLT BOARD, IN ACCORDANCE WITH THE PROVISIONS OF THE ECLT BYLAWS SECTION 3.5(A) OR 3.5(B). FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR IS NOT PAID BY THIS ORGANIZATION. SHE IS PAID BY THE EAST COOPER LAND TRUST. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST EAST COOPER LAND TRUST PO BOX 2495 MT PLEASANT SC 29464 200473518 HOLD LAND SC 501C3 7 N/A false false false false false false false false false false false false false false false false false false false false