LOWCOUNTRY LAND TRUST INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LOWCOUNTRY LAND TRUST INC (EIN 57-0809313)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-03-27
- IRS object ID
- 201500869349301015
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-03-27T14:32:35-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 570381582 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT DAVIS DECOSIMO LLCPLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CALHOUN ST STE 300 | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570809313 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOWCOUNTRY OPEN LAND TRUST INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOWC | BusinessNameControlTxt |
| Phone | 8435776510 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 WENTWORTH STREET | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29401 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADFORD S MARSHALL | PersonNm |
| Person Title | PRESIDENT, BOARD OF TRUSTEES | PersonTitleTxt |
| Phone | 8435776510 | PhoneNum |
| Signature | 2015-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRANDON T RENAUD | PreparerPersonNm |
| PTIN | P00743576 | PTIN |
| Phone | 8435777040 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRADFORD S MARSHALL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 WENTWORTH STREET | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,557,804 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LOLT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1985 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | PROTECTING IRREPLACEABLE LOWCOUNTRY LANDS INCLUDING WORKING FARMS AND FORESTS, SCENIC VISTAS, RELATIVELY NATURAL HABITATS AND HISTORIC LANDSCAPES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 43 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $296,796 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,023,303 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,807 | CYProgramServiceRevenueAmt |
| PY Investment Income | $158,760 | PYInvestmentIncomeAmt |
| CY Investment Income | $378,050 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,769 | PYOtherRevenueAmt |
| CY Other Revenue | $71,565 | CYOtherRevenueAmt |
| PY Total Revenue | $459,325 | PYTotalRevenueAmt |
| CY Total Revenue | $15,509,725 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $392,232 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $880,877 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $222,223 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $146,878 | PYOtherExpensesAmt |
| CY Other Expenses | $13,874,424 | CYOtherExpensesAmt |
| PY Total Expenses | $539,110 | PYTotalExpensesAmt |
| CY Total Expenses | $14,755,301 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$79,785 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $754,424 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,115,474 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,382,582 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,446 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,747,776 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,105,028 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,634,806 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO HONOR THE RELATIONSHIP BETWEEN PEOPLE AND LAND BY PROTECTING IRREPLACEABLE LOWCOUNTRY LANDS INCLUDING WORKING FARMS AND FORESTS, SCENIC VISTAS, RELATIVELY NATURAL HABITATS AND HISTORIC LANDSCAPES USING BOTH ESTABLISHED AND INNOVATIVE CONSERVATION APPROACHES. SINCE 1986, LOLT HAS PERMANENTLY PROTECTED 296 PROPERTIES ENCOMPASSING 103,031 ACRES SPANNING THE 17 COUNTIES OF SOUTH CAROLINA'S COASTAL PLAIN. THE PROPERTIES INCLUDE WORKING FARMS AND FORESTLANDS, WATERWAYS AND WATERSHEDS, HUNTING PROPERTIES, HUMMOCK ISLANDS, VIBRANT MARSH TIDAL ECOSYSTEMS, BLACKWATER STREAMS AND LONGLEAF PINE RESTORATION AREAS. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $14,002,369 | ExpenseAmt |
| Desc | LAND PROTECTION:THE LOWCOUNTRY OPEN LAND TRUST EXPERIENCED A BANNER YEAR IN 2014, COMPLETING 22 LAND PROTECTION PROJECTS TO PERMANENTLY PROTECT AN ADDITIONAL 11,927 ACRES, BRINGING ITS TOTAL PROTECTED ACREAGE TO 103,031 ACRES. EIGHTEEN OF THE PROJECTS WERE CONSERVATION EASEMENTS GRANTED BY PRIVATE LANDOWNERS, FOUR FULLY DONATED, ONE AMENDED TO ADD ACREAGE AND THIRTEEN PURCHASED IN BARGAIN SALE TRANSACTIONS WITH GRANT FUNDS PROVIDED BY THE CHARLESTON COUNTY GREENBELT BANK, THE DORCHESTER COUNTY CONSERVATION COMMISSION AND THE SOUTH CAROLINA CONSERVATION BANK. IN ADDITION, THE LAND TRUST LAUNCHED AN UNPRECEDENTED CAMPAIGN TO RAISE $6,860,000 THROUGH GRANTS AND DONATIONS TO PURCHASE TWO TRACTS OF PROPERTY TOTALING 35 ACRES ADJACENT TO THE MAJESTIC ANGEL OAK, AN ICONIC LOWCOUNTRY TREASURE THREATENED BY INTENSE DEVELOPMENT PRESSURE. PLANNING FOR THE PUBLICLY-ACCESSIBLE ANGEL OAK PRESERVE IS UNDERWAY. THE LAND TRUST ALSO PARTNERED WITH THE BOEING COMPANY IN A UNIQUE AND INNOVATIVE MITIGATION PROJECT BY PURCHASING THE 1,682-ACRE KEYSTONE PROPERTY IN THE COOPER RIVER CORRIDOR IN ORDER TO OFFSET WETLANDS LOSSES RESULTING FROM BOEING'S PLANT EXPANSION. THE PROPERTY'S HISTORIC WETLANDS ARE BEING RESTORED AND WITHIN 5 YEARS THE PROPERTY WILL BE CONVEYED TO PUBLIC OWNERSHIP AND ACCESS THROUGH THE SOUTH CAROLINA DEPARTMENT OF NATURAL RESOURCES HERITAGE TRUST PROGRAM. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $286,856 | ExpenseAmt |
| Desc | STEWARDSHIP:IN THE 2013 CALENDAR YEAR, THE LOWCOUNTRY OPEN LAND TRUST MONITORED 100% OF ITS 294 PROTECTED PROPERTIES (CONSERVATION EASEMENTS, DEED RESTRICTIONS AND FEE-OWNED) COVERING 101,331 ACRES. ALSO FOR THE CALENDAR YEAR, STAFF ADDRESSED 58 STANDING ISSUES, LANDOWNER REQUESTS AND/OR ACTIVITY APPROVALS ON 41 PROPERTIES. AN AERIAL MONITORING PROGRAM TO AUGMENT ON-THE-GROUND MONITORING WAS INITIATED IN EARLY 2014. FOR THE FISCAL YEAR JULY 2013 - JUNE 2014, FOUR CONSERVATION EASEMENTS WERE AMENDED AND NONE WERE EXTINGUISHED. ONE AMENDMENT ADDED ACREAGE TO AN EXISTING EASEMENT, TWO WERE CORRECTIVE AMENDMENTS FOR THE PURPOSE OF INCREASING CLARIFICATION, AND ONE AMENDMENT SERVED TO INCREASE THE CONSERVATION VALUES OF THE PROTECTED PROPERTY. STEWARDSHIP STAFF ACTIVELY PARTICIPATED IN SEVERAL PARTNERSHIP PROJECTS INCLUDING THE RESTORATION/MITIGATION WORK ON THE KEYSTONE PROPERTY, A LIVING SHORELINE PROJECT WITH THE NATURE CONSERVANCY, AN IMPOUNDMENT RESTORATION PROJECT FUNDED BY FEDERAL NAWCA MONIES AND THE PLANNING FOR ANGEL OAK PRESERVE WITH THE CHARLESTON COUNTY PARKS & RECREATION, THE CITY OF CHARLESTON AND THE COLLEGE OF CHARLESTON. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $87,142 | ExpenseAmt |
| Desc | EDUCATION & COMMUNITY RELATIONS (ECR):AS A RESULT OF CONSISTENT AND METHODICAL COMMUNITY ENGAGEMENT, IN FISCAL YEAR 2014, THE ECR DIVISION OF THE LOWCOUNTRY OPEN LAND TRUST:- CONDUCTED SUCCESSFUL OUTREACH THROUGH COMMUNITY CONSERVATION PROJECTS WITH ANGEL OAK AND KEYSTONE ACQUISITIONS- BUILT BUSINESS RELATIONSHIPS AND SUPPORT WITH CORPORATE AND ENTREPRENEURIAL GROUPS - EXPANDED COMMUNITY RELATIONSHIPS AND SUPPORT WITH LOCAL JOHNS ISLAND AND JAMES ISLAND SCHOOLS, MINISTERIAL ALLIANCES AND AFRICAN AMERICAN COMMUNITIES.- GARNERED POLITICAL SUPPORT FROM STATE AND LOCAL GOVERNMENTS. - PRESENTED AND WAS SPOTLIGHTED NATIONALLY FOR THE COMMUNICATION OF OUR COMMUNITY CONSERVATION EFFORTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $14,376,367 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAREN ROWE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8434100672 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 43 WENTWORTH STREET | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29401 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MRS BRADFORD S MARSHALL | ||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR STEPHEN F GATES | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR DAVID MAYBANK III | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR BOB BALDWIN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR J STANFIELD GRAY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS ELEANOR MOORE KUHL | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR SAMUEL C CARLTON | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS CAROL ERVIN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR ANN G KULZE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR THOMAS D W HUTTO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR G TRENHOLM WALKER | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR BURNIE MAYBANK III | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR RICHARD W SALMONS JR | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR J CONRAD ZIMMERMAN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR FORD P MENEFEE | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR R SCOTT WALLINGER | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR J RUTLEDGE YOUNG JR | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH M HAGOOD | ||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $121,430 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $121,430 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $865,176 | MembershipDuesAmt |
| Government Grants | $6,524,734 | GovernmentGrantsAmt |
| All Other Contributions | $7,633,393 | AllOtherContributionsAmt |
| Noncash Contributions | $73,288 | NoncashContributionsAmt |
| Total Contributions | $15,023,303 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBERSHIP PICNIC | 900099 | $31,572 | $31,572 |
| ANNUAL MEETING | 900099 | $4,538 | $4,538 |
| FALL EVENT | 900099 | $697 | $697 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,807 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $192,840 | TotalRevenueColumnAmt |
| Exclusion | $192,840 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $227,142 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $41,932 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $185,210 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $185,210 | TotalRevenueColumnAmt |
| Exclusion | $185,210 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $12,725 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $6,147 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,578 | TotalRevenueColumnAmt |
| Exclusion | $6,578 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TRANSFER FEES | 900099 | $56,346 | $56,346 |
| MISCELLANEOUS INCOME | 900099 | $8,641 | $8,641 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $64,987 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,509,725 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $101,794 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $384,628 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,680 | TotalAmt |
| Program Services | $86,242 | ProgramServicesAmt |
| Management And General | $26,536 | ManagementAndGeneralAmt |
| Fundraising | $19,902 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $632,005 | TotalAmt |
| Program Services | $432,226 | ProgramServicesAmt |
| Management And General | $82,937 | ManagementAndGeneralAmt |
| Fundraising | $116,842 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,306 | TotalAmt |
| Program Services | $39,532 | ProgramServicesAmt |
| Management And General | $8,347 | ManagementAndGeneralAmt |
| Fundraising | $10,427 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,886 | TotalAmt |
| Program Services | $39,248 | ProgramServicesAmt |
| Management And General | $8,287 | ManagementAndGeneralAmt |
| Fundraising | $10,351 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,300 | TotalAmt |
| Management And General | $2,300 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,000 | TotalAmt |
| Program Services | $5,000 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,774 | TotalAmt |
| Program Services | $20,203 | ProgramServicesAmt |
| Management And General | $4,255 | ManagementAndGeneralAmt |
| Fundraising | $5,316 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,730 | TotalAmt |
| Program Services | $43,921 | ProgramServicesAmt |
| Management And General | $9,252 | ManagementAndGeneralAmt |
| Fundraising | $11,557 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,536 | TotalAmt |
| Program Services | $4,536 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,027 | TotalAmt |
| Program Services | $14,267 | ProgramServicesAmt |
| Management And General | $3,006 | ManagementAndGeneralAmt |
| Fundraising | $3,754 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| PROTECTED LAND DONATION | $6,727,000 | $6,727,000 |
| EASEMENT | $6,517,000 | $6,517,000 |
| LAND PROTECTION | $272,285 | $272,285 |
| EDUCATION AND OUTREACH | $87,142 | $87,142 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,630 | TotalAmt |
| Program Services | $87,765 | ProgramServicesAmt |
| Management And General | $11,791 | ManagementAndGeneralAmt |
| Fundraising | $44,074 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,755,301 | TotalAmt |
| Program Services | $14,376,367 | ProgramServicesAmt |
| Management And General | $156,711 | ManagementAndGeneralAmt |
| Fundraising | $222,223 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,600 | BOYAmt |
| EOY | $542,330 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,000 | BOYAmt |
| EOY | $46,250 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45 | BOYAmt |
| EOY | $45 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,115,199 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,134 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,002,490 | BOYAmt |
| EOY | $8,084,065 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,826,900 | BOYAmt |
| EOY | $8,697,834 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,439 | BOYAmt |
| EOY | $12,058 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,115,474 | BOYAmt |
| EOY | $17,382,582 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,784 | BOYAmt |
| EOY | $12,750 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,662 | BOYAmt |
| EOY | $6,735,026 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,446 | BOYAmt |
| EOY | $6,747,776 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,333,176 | BOYAmt |
| EOY | $9,678,119 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,720 | BOYAmt |
| EOY | $336,555 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $620,132 | BOYAmt |
| EOY | $620,132 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,105,028 | BOYAmt |
| EOY | $10,634,806 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,115,474 | BOYAmt |
| EOY | $17,382,582 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $754,424 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $773,068 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $2,286 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $962,679 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,217,679 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,270,102 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $951,015 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,320,099 | CurrentTaxYearAmt |
| Total | $21,721,574 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $962,679 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,217,679 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,270,102 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $951,015 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,320,099 | CurrentTaxYearAmt |
| Total | $21,721,574 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $21,721,574 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $46,506 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $61,784 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $96,282 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $287,143 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $264,124 | CurrentTaxYearAmt |
| Total | $755,839 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,709 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,344 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,129 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $73,837 | CurrentTaxYearAmt |
| Total | $125,659 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $22,603,072 | TotalSupportAmt |
| Public Support CY170 | 0.96100 | PublicSupportCY170Pct |
| Public Support PY170 | 0.91960 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, SECTION A AND B, COLUMN (E) | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION CHANGED ITS YEAR END TO JUNE 30 AS OF JUNE 30, 2013 AND FILED A SHORT YEAR RETURN FOR THAT PERIOD. THE NUMBERS FOR THE SHORT YEAR RELATED TO PUBLIC SUPPORT ARE INCLUDED WITH THE 2013 TAX RETURN FOR THE YEAR ENDED JUNE 30, 2014. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | Yes (1) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $5,000 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $5,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE LOWCOUNTRY OPEN LAND TRUST PARTNERED WITH FIVE OTHER SOUTH CAROLINA BASED LAND TRUSTS AND CONSERVATION ORGANIZATIONS TO ENGAGE A PROFESSIONAL TO ADVOCATE FOR THE PROTECTION AND PERMANENCE OF THE PROVISIONS THAT ALLOW FUNDING OF THE STATE CONSERVATION BANK. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Historic Land Area | Yes (X) | HistoricLandAreaInd |
| Total Easements | 296 | TotalEasementsCnt |
| Total Acreage | 103031.00 | TotalAcreageCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (1) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 8112.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $286,856 | ExpensesIncurredEnforcementAmt |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,047,028 | OtherCostOrOtherBasisAmt |
| Book Value | $8,047,028 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $68,171 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,134 | DepreciationAmt |
| Book Value | $37,037 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,084,065 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MUTUAL AND MONEY FUNDS | Desc |
| Book Value | $8,697,834 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $8,697,834 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED VACATION | $8,026 |
| LAND CONTRIBUTION PAYABLE | $6,727,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,735,026 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $16,288,939 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $773,068 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $6,147 | OtherRevenueAmt |
| Revenue Not Reported | $779,215 | RevenueNotReportedAmt |
| Revenue Subtotal | $15,509,724 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $15,509,724 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,761,447 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $6,147 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $6,147 | ExpensesNotReportedAmt |
| Expenses Subtotal | $14,755,300 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,755,300 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 9: | THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS REFLECT THE FOLLOWING: "VARIOUS LANDS AND LEGAL RESTRICTIONS ON LANDS ARE DONATED TO THE TRUST FOR PURPOSE OF PRESERVATION. AS OF JUNE 30, 2014, THE TITLE TO APPROXIMATELY 781 ACRES OF LAND, WHICH CONSISTS PRIMARILY OF MARSH, HAD BEEN DONATED TO THE TRUST. THE TRUST RECORDS IN THE CONSOLIDATED FINANCIAL STATEMENTS THE ESTIMATED FAIR MARKET VALUE AT THE TIME OF THE DONATION OF LAND TO WHICH IT HOLDS TITLE. CONSERVATION EASEMENTS AND DEED RESTRICTIONS ARE RECORDED AT NOMINAL VALUE IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2014, CONSERVATION EASEMENTS HAD BEEN GRANTED TO THE CORPORATION ON 103,026 ACRES, RESPECTIVELY." |
| PART X, LINE 2: | MANAGEMENT HAS EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSES |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES |
| PART XII AND XIII, LINE 2D | OTHER RECONCILING ITEMS CONSIST OF FUNDRAISING EXPENSES IN THE AMOUNT OF $6,147 THAT HAVE BEEN NETTED AGAINST REVENUE ON PAGE 9, PART VIII. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 14 | ContributionCnt |
| Noncash Contributions Rpt F990 | $51,393 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV OF STOCK ON DATE OF | MethodOfDeterminingRevenuesTxt |
Qualified Contrib Other QualifiedContribOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 22 | ContributionCnt |
| Noncash Contributions Rpt F990 | $22 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | NOMINAL VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MISCELLANEOUS | 15 | $7,072 | FAIR MARKET VALUE |
| Yes (X) | EVENTS | 6 | $6,838 | FAIR MARKET VALUE |
| Yes (X) | FOOD | 5 | $4,523 | FAIR MARKET VALUE |
| Yes (X) | ADVERTISING | 2 | $3,440 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | 1. PARTNERED WITH CORPORATE AND GOVERNMENT ENTITIES TO FACILITATE THE RESTORATION/MITIGATION WORK ON THE KEYSTONE PROPERTY. 2. WORKED ON A LIVING SHORELINE PROJECT, AN IMPOUNDMENT RESTORATION PROJECT WITH THE NATURE CONSERVANCY. 3. PARTNERED WITH CHARLESTON COUNTY PARKS & RECREATION, THE CITY OF CHARLESTON AND THE COLLEGE OF CHARLESTON IN PLANNING FOR THE PUBLICLY- ACCESSIBLE ANGEL OAK PRESERVE. |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES INCLUDING THE FINANCE COMMITTEE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION IS REVIEWED ON A YEARLY BASIS TO DETERMINE CURRENT COMPARABILITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 2C | THE PROCESS FOR OVERSIGHT OF THE AUDIT AND REVIEW OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | End Of Year AssetsEndOfYearAssetsAmt |
|---|---|---|---|---|---|---|
| WADMACON LLC | ||||||
| 80 ALEXANDER STREET | CHARLESTON | SC | 29403 | HOLDS PROTECTED LAND | SC | $356,600 |
| BACONS BRIDGE LLC | ||||||
| 80 ALEXANDER STREET | CHARLESTON | SC | 29403 | TRANSFER OF LAND INCLUDED A REVERTER CLAUSE. EXISTS IN PERPETUITY. | SC | |
| ASHEM LLC | ||||||
| 80 ALEXANDER STREET | CHARLESTON | SC | 29403 | HOLDS PROTECTED LAND | SC | |
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