Hilton Head Students Incentive Fund

Private foundation · Grantmaker Hilton Head Island, SC EIN: 57-0868552

Hilton Head Students Incentive Fund is a private foundation, based in Hilton Head Island, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 9 grants totaling $6K. Net investment income was $7.

Hilton Head Students Incentive Fund at a glance

In short: Hilton Head Students Incentive Fund gave $6K across 9 grants in 2024 (avg $707.889), mostly in South Carolina. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$6,371
-73.7% vs 2023
Grants made (2024)
9
-35.7% vs 2023
Average grant
$708
-59.1% vs 2023
Median grant
$551
Total assets
$4,179
-47.1% vs 2023
Primary geography
South Carolina (67% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Hilton Head Students Incentive Fund funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Sharp Joseph: $800Sharp Joseph$800Aiken David L: $660Aiken David L$660Johnson Marcus: $455Johnson Marcus$455Mitchell Kenneth: $200Mitchell Kenneth$200Nelson Harold A aka Alex Smith: $100Nelson Harold A aka Alex Smith$100

The largest 2024 recipient was Sharp Joseph ($800). Together the top 5 received $2K.

Organizations only. It also paid 4 individual scholarships ($4,156), which are not listed by name.

Grant Size Distribution

54 grants across all recorded years

54<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 54 grants of 54 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

Hilton Head IslandBlufftonSt AugustineValdostaSparksLouisvilleMatthewsPort WentworthSavannahBeaufortClemson

How Hilton Head Students Incentive Fund gives

  • Giving fell 44% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K13 grants2020 10 grants2021 8 grants2022 14 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $6K (2024) to $24K (2023). In 2024 it made 9 grants totaling $6K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
4 individual scholarships Recipients not named —$4,156
Sharp Joseph Louisville, TNLiving Assistance$800
Aiken David L St Augustine, FLLiving Assistance$660
Johnson Marcus Valdosta, GALiving Assistance/Child Support$455
Mitchell Kenneth Savannah, GALiving Assistance$200
Nelson Harold A aka Alex Smith Hilton Head Island, SCScholarship/College trip$100
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$4,179$3,507$6,458$6,3719$6,371$7$111
2023$7,907$10,356$24,697$24,21214$24,212$156$638
2022$21,471$10,274$14,175$14,1748$14,174$274$848
2021$25,372$17,066$11,633$11,34910$11,349$66$864
2020$31,939$5,028$21,223$22,69113—$11$70

Under IRS private-foundation payout rules, Hilton Head Students Incentive Fund reported a distributable amount of $111 for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Hilton Head Students Incentive Fund is led by Robert J Arundell, Director & President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Robert J Arundell

    Director & President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Gary T Bezilla

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Nancy J Voegele

    Director & Secretary

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Peter Keber III

    Director & Vice President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Robin Banker Bergin

    Director & Treasurer

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hilton Head Students Incentive Fund

How much does Hilton Head Students Incentive Fund give each year?

Hilton Head Students Incentive Fund gave $6K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $24K across 14 grants.

What is Hilton Head Students Incentive Fund's typical grant size?

Hilton Head Students Incentive Fund's median grant in 2024 was $551, and its average grant was $708, across 9 grants on its 2024 IRS Form 990-PF.

Where does Hilton Head Students Incentive Fund give grants?

Hilton Head Students Incentive Fund gives mostly in South Carolina: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (13%) and Florida (10%).

Does Hilton Head Students Incentive Fund give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on Hilton Head Students Incentive Fund's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Living Assistance" (3 grants) and "Scholarship" (3 grants).

Who are Hilton Head Students Incentive Fund's largest grantees?

Hilton Head Students Incentive Fund's largest 2024 grantees include Sharp Joseph ($800), Aiken David L ($660) and Johnson Marcus ($455), according to its 2024 IRS Form 990-PF. It also paid 4 individual scholarships ($4,156), which are not listed by name. Together they received 30% of its itemized 2024 grant dollars.

How large is Hilton Head Students Incentive Fund?

Hilton Head Students Incentive Fund reported $4K in total assets on its 2024 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $111 (roughly 5% of its investment assets).

What is Hilton Head Students Incentive Fund's EIN?

Hilton Head Students Incentive Fund's EIN (Employer Identification Number) is 57-0868552. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hilton Head Students Incentive Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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