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JIM and Margaret KRUM Foundation INC

Public charity
DBA: % DENISE K SPENCER
Foundations · HILTON HEAD ISLAND, SC · EIN 27-1777206

About

The KRUM foundation operates exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the community foundation of the lowcountry, INC. ("foundation"), a publicly supported organization described in sections 501(c)(3) and 509(a)(1) of the code. A traditional community foundation founded in 1994, community foundation of the lowcountry, INC. Serves the residents of south carolina counties: beaufort, colleton, hampton, and jasper. The KRUM foundation will further its exempt purposes by making grants directly to the community foundation and to organizations which are, or could be supported by the community foundation consistent with its own charitable purposes. Community foundation grants are awarded to organizations that work in a variety of charitable areas, including arts & culture, education and youth development, and health and human services. Both the KRUM foundation and the community foundation expect to make scholarship grants to individuals.

In care of Denise K Spencer

Donations are tax-deductible
Category
Foundations
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$84K
Expenses
$499K
Assets
$11.3M
Liabilities
$402K

Financial history

$1.1M$539K$0
17181920212223
RevenueExpenses
Latest FY2023: $84K · Peak FY2017: $1.1M · Avg: $528K

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$359K
JIM AND MARGARET KRUM FOUNDATION INC
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Address

4 Northridge Drive
Hilton Head Island, SC, 29926-381

Governance

Voting board members5
Independent members4
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.