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Nonprofit · EIN 57-0767384

TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED

Tax-exempt · BEAUFORT, SC 29901

Financials

$452K$389K2023$571K$671K2024
Revenue Expenses · by fiscal year end
Financials of TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$571,466$671,163-$99,697$7,706,642$4,317,817$3,388,825
June 30, 2024990$451,601$388,519$63,082$8,413,528$5,107,691$3,305,837
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$353,480
Program service revenue
$0
Investment income
$62,859
Net income from fundraising events
$155,127
Other revenue
$155,127

Expenses

Grants and similar amounts paid
$539,665
Other salaries and wages
$45,959
Salaries, compensation and benefits (total)
$45,959
Professional fundraising fees
$0
Accounting fees
$15,630
Travel
$6,736
Program services (functional)
$586,031
Management and general (functional)
$30,829
Fundraising (functional)
$54,303

Balance sheet and other

Total assets, start of year
$8,413,528
Total assets, end of year
$7,706,642
Total liabilities, end of year
$4,317,817
Net assets, end of year
$3,388,825
Publicly traded securities
$2,330,247
Net assets without donor restrictions
$317,028
Net assets with donor restrictions
$3,071,797
Gross receipts
$610,774
Employees
0
Volunteers
17
Year formed
1983
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD GOUGHTCL PRESIDEN
Officer
2$18,737
LEX BOMARMEMBER
Trustee or director
2$0
ALI CADMUSMEMBER
Trustee or director
2$0
JOHN CHIACCHIEROCHAIRMAN
Trustee or director, Officer
2$0
JIM COLEMANMEMBER
Trustee or director
2$0
SUSANNA COOKMEMBER
Trustee or director
2$0
AMELIE CROMERMEMBER
Trustee or director
2$0
ANDREW DAVISMEMBER
Trustee or director
2$0
GINNIE KOZAKMEMBER
Trustee or director
2$0
DR RICK LAWSONMEMBER
Trustee or director
2$0
LAURA MEAGHERVICE CHAIRMA
Trustee or director, Officer
2$0
DR JOHN NEWMANMEMBER
Trustee or director
2$0
NEIL PARSONSMEMBER
Trustee or director
2$0
RUFUS PINCKNEYMEMBER
Trustee or director
2$0
MATTHEW ROHERMEMBER
Trustee or director
2$0
3 more people on this return
NameTitleHours / weekCompensation
PAM SCALLANMEMBER
Trustee or director
2$0
JENNIFER TUCKWILLERMEMBER
Trustee or director
2$0
JON VERITYTREASURER
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensation
LEX BOMARMEMBER
Trustee or director
2$0
KESIA BROWNMEMBER
Trustee or director
2$0
DAVID BURKEMEMBER
Trustee or director
2$0
ALI CADMUSMEMBER
Trustee or director
2$0
JOHN CHIACCHIEROVICE CHAIRMA
Trustee or director
2$0
JIM COLEMANMEMBER
Trustee or director
2$0
ANDREW DAVISMEMBER
Trustee or director
2$0
LAURA MEAGHERMEMBER
Trustee or director
2$0
JOE MINGLEDORFFMEMBER
Trustee or director
2$0
RUFUS PINCKNEYMEMBER
Trustee or director
2$0
MATTHEW ROHERMEMBER
Trustee or director
2$0
DR HELEN RYANMEMBER
Trustee or director
2$0
CHARLES SAMPSONCHAIRMAN
Trustee or director
2$0
PAM SCALLANMEMBER
Trustee or director
2$0
REGINA SILLETTIMEMBER
Trustee or director
2$0
JENNIFER TUCKWILLERMEMBER
Trustee or director
2$0
JON VERITYTREASURER
Trustee or director
2$0
JAY WIENDLMEMBER
Trustee or director
2$0
RICHARD GOUGHTCL PRESIDEN
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 2614, BEAUFORT, SC 29901-2614
Principal officer (990 for 2024)
RICHARD GOUGH, PO BOX 2614, BEAUFORT, SC 29901
Signed the 990
RICHARD GOUGH, TCL PRESIDENT
Phone
(843) 525-8294
Return prepared by
CROWLEY WECHSLER & ASSOCIATES LLC

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.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE SCHOLARSHIPS TO STUDENTS TO ATTEND THE TECHNICAL COLLEGE OF THE LOWCOUNTRY.
    Expenses $120,148 · grants $73,782
  • TO PROVIDE DIRECT ASSISTANCE TO THE TECHNICAL COLLEGE OF THE LOWCOUNTRY.
    Expenses $465,883 · grants $465,883
  • TO PROVIDE GRANTS AND SCHOLARSHIPS TO STUDENTS TO ATTEND THE TECHNICAL COLLEGE OF THE LOW COUNTRY

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
57-0767384
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B41I)
Assets (IRS master file)
$7,706,642
Income (IRS master file)
$610,774

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$571,466$671,163$7,706,642XML
990June 2024$451,601$388,519$8,413,528XML
990June 2023$553,105$312,984$8,768,835IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0767384).

Questions about TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED

What is the EIN of TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED?
The employer identification number (EIN) of TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED is 57-0767384.
Is TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED?
The 990 for the year ended June 30, 2025 names RICHARD GOUGH.
Who are the officers and directors of TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED?
The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $18,737 (RICHARD GOUGH, TCL PRESIDEN).
How much revenue does TECHNICAL COLLEGE OF THE LOWCOUNTRY FOUNDATION INCORPORATED have?
On its 990 for the year ended June 30, 2025 it reported revenue of $571,466, expenses of $671,163 and total assets of $7,706,642 at year end.

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