Beaufort County Economic Development
THE VISION OF THE BEAUFORT COUNTY ECONOMIC DEVELOPMENT CORPORATION IS THE COLLABORATIVE ENTITY FOR ORGANIZING, STRUCTURING AND LEADING ECONOMIC DEVELOPMENT EFFORTS ON BEHALF OF BEAUFORT COUNTY'S RESIDENTS. THIS WILL BE ACHIEVED BY ENGAGING KEY STAKEHOLDERS TO DIVERSIFY THE COUNTY'S ECONOMY, ATTRACT INVESTMENTS AND WELL-PAYING JOBS. THE MISSION WILL BE CARRIED OUT IN A WAY THAT IS RESPECTFUL OF THE ENVIRONMENT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$547K
Annual Giving
$265K
Grant Count
6
Avg Grant Size
$44K
About Beaufort County Economic Development
Based on IRS filings
Beaufort County Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in HILTON HEAD ISLAND, SC. IRS filing data is available for 2024. As of 2024, the organization holds $547K in total assets. In 2024, it awarded 6 grants totaling $265K.
Focus Areas
Ready to take the next step with Beaufort County Economic Development?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 |
|---|---|
| Total Assets | $547,116 |
| Revenue | $826,988 |
| Expenses | $887,682 |
| Qualifying Distributions | — |
| Net Investment Income | — |
| Distributable Amount | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Watterson Brands Sc ($65,000), Greenline Industries ($50,000), Solomon Property Holdings Sc Llc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WATTERSON BRANDS SC BLUFFTON, SC | DEVELOPMENT INCENTIVES | $65,000 |
| GREENLINE INDUSTRIES BEAUFORT, SC | DEVELOPMENT INCENTIVES | $50,000 |
| SOLOMON PROPERTY HOLDINGS SC LLC BLUFFTON, SC | DEVELOPMENT INCENTIVES | $50,000 |
| GAY FISH COMPANY INC ST HELENA ISLAND, SC | DEVELOPMENT INCENTIVES | $30,000 |
| SEASIDE ENTERPRISES & HOLDINGS ST HELENA ISLAND, SC | DEVELOPMENT INCENTIVES | $50,000 |
| SERG RESTAURANT GROUP HILTON HEAD ISLAND, SC | DEVELOPMENT INCENTIVES | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ASHLEY FEASTER | CHAIRMAN | 1 | — |
| DR ANDREA SISTINO | DIRECTOR | 0.5 | — |
| DR RICHARD J GOUGH | DIRECTOR | 0.5 | — |
| FRANK RODRIQUEZ | DIRECTOR | 0.25 | — |
| GREG SHELTON | TREASURER | 0.5 | — |
| MICHAEL ALSKO | VICE CHAIRMAN | 0.5 | — |
| LAWRENCE MCELYNN | DIRECTOR | 0.5 | — |
| VERNA ARNETTE | DIRECTOR | 0.25 | — |
| LAWRENCE TOOMER | DIRECTOR | 0.5 | — |
| JOHN O'TOOLE | EXECUTIVE DIRECTOR | 40 | $184,793 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Beaufort County Economic Development?
Beaufort County Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in HILTON HEAD ISLAND, SC. It holds $547K in total assets as of 2024.
How large is Beaufort County Economic Development?
As of 2024, Beaufort County Economic Development holds $547K in total assets with $827K in annual revenue. It awarded 6 grants totaling $265K in 2024.
Where does Beaufort County Economic Development operate?
Beaufort County Economic Development has awarded grants in South Carolina.
What size grants does Beaufort County Economic Development award?
In 2024, Beaufort County Economic Development awarded 6 grants totaling $265K — an average of about $44K per grant, based on its IRS Form 990 filings.
What is Beaufort County Economic Development's EIN?
Beaufort County Economic Development's EIN (Employer Identification Number) is 81-3339941. IRS Form 990 filing data is available on this page for 2024.
Explore Open Grants
Browse active grant opportunities in Beaufort County Economic Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.