PIEDMONT TECHNICAL COLLEGE FOUNDA- TION INC Charity Report

Public IRS 990 nonprofit record

PIEDMONT TECHNICAL COLLEGE FOUNDA- TION INC

EIN 57-0622550 · Education (B31I)

What they do

THE PIEDMONT TECHNICAL COLLEGE FOUNDATION is A 501(C)(3) NON-PROFIT CORPORATION THAT PROVIDES FINANCIAL SUPPORT to THE COLLEGE BEYOND THAT WHICH is OBTAINED FROM TRADITIONAL FUNDING SOURCES. THE FOUNDATION ATTRACTS SUPPORT FROM ALUMNI and FRIENDS, BUSINESS and INDUSTRY, and GRANT-MAKING ORGANIZATIONS. IT ALSO RAISES MONEY THROUGH ANNUAL GIVING PLANS, GIFT CAMPAIGNS, and SPECIAL EVENTS. THE FOUNDATION ALSO FILLS AN ADVOCACY ROLE BY COMMUNICATING THE NEEDS of THE COLLEGE and ITS STUDENTS to SUPPORTERS IN THE COMMUNITY and to PUBLIC OFFICIALS AT THE LOCAL, STATE, and NATIONAL LEVELS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

35.46%of revenue went to mission work76.3% of expenses · Program services

$46.49spent for every $100 of revenueRevenue covered expenses this year.

11.03%of revenue went to management and office costs23.7% of expenses

$12.70in assets for every $1 spent this yearSome assets cannot be spent right away.

74.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $22,330 for LAURA DUDLEY (ED 7/1/24). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,234,604

Mission workProgram services$792,39535.46% of revenue76.3% of expenses

ManagementOffice and general costs$246,55211.03% of revenue23.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,195,65753.51% of revenueShown in gray on the chart

Total expenses$1,038,94746.49% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.3% mission · 23.7% management · 0.0% fundraisingTotal expenses: 46.49% of revenue

2023Expense mix: 73.7% mission · 26.3% management · 0.0% fundraisingTotal expenses: 103.78% of revenue

2022Expense mix: 65.7% mission · 34.3% management · 0.0% fundraisingTotal expenses: 114.12% of revenue

2021Expense mix: 74.4% mission · 25.6% management · 0.0% fundraisingTotal expenses: 71.89% of revenue

2020Expense mix: 59.0% mission · 41.0% management · 0.0% fundraisingTotal expenses: 50.85% of revenue

2019Expense mix: 64.2% mission · 35.8% management · 0.0% fundraisingTotal expenses: 58.52% of revenue

2018Expense mix: 65.6% mission · 34.4% management · 0.0% fundraisingTotal expenses: 78.42% of revenue

2017Expense mix: 64.8% mission · 35.2% management · 0.0% fundraisingTotal expenses: 64.96% of revenue

Money in and money out

Revenue$2,234,604

Expenses$1,038,947

Annual surplus $1,195,657 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$792,395 · 76.3% of expenses

Management and office costs$246,552 · 23.7% of expenses

See all reported dollar amounts

Revenue$2,234,604

Expenses$1,038,947

Assets$13,197,849

Income$4,519,845

Contributions$1,660,305

Mission work (program services)$792,395

Grants given$3,252,788

Average grant$464,684

Management and general$246,552

Stocks and bonds$9,861,647

Accounting fees$22,000

Investing fees$48,122

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LAURA DUDLEYED 7/1/24 · 40 hrs/week $22,330Base · Other $22,330

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

LAURA DUDLEYED 7/1/24

JIM MEDFORDBOARD CHAIR

TRAVIS GUNTERBOARD MEMBER

THOMAS H HERLONG SRBOARD TREASU

THEO L LANEBOARD MEMBER

STEVE O WHITEBD MEMBER EM

ROCKY DUNKMANBOARD MEMBER

PETER J MANNINGBD MEMBER EM

MIRIAM B ADAMSBOARD MEMBER

MATT LOGANBOARD MEMBER

MAMIE BANKSBOARD MEMBER

KRISTINE MANSKEBOARD MEMBER

JUSTIN BENFIELDBOARD MEMBER

ALICIA PADGETTBOARD MEMBER

JERRY STEVENSBOARD MEMBER

JEFF T WILSONBOARD MEMBER

JEFF FIELDBOARD MEMBER

H GEORGE PIERSOL IIBOARD MEMBER

EARL BRADFORD FORRESTBOARD MEMBER

DIANE ANDERSONBOARD MEMBER

DAVID TOMPKINSBOARD MEMBER

DAN HOBBSBOARD MEMBER

CHARLES R WILLIAMSBD MEMBER EM

CARLTON MATTHEWSBOARD MEMBER

ANNA MARIE MCCARTYBOARD MEMBER

About this charity

Recognized since: January 1975
Location: PO BOX 1467, GREENWOOD, SC 29648-1467
County: Greenwood
In care of: % BANK OF AMERICA NA
Primary officer: LAURA DUDLEY, ED 7/1/24

How to reach them

WebsiteVisit the charity’s website Emaildudley.l@ptc.edu Phone(864) 941-8351 Officer phone(864) 941-8305

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MANLEY GARVIN LLC
NTEE classification: Education (B31I)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes