The Palmetto Promise Institute is a non partisan nonprofit educational organization dedicated to educating the public and enhancing the public good. The organization provides research, analysis, and publications on issues that affect the common good
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+463.3% YoY
Annual Giving
$842K
Grant Count
60
Avg Grant Size
$14K
About Palmetto Promise Institute
Based on IRS filings
Palmetto Promise Institute is a nonprofit organization focused on Health, based in COLUMBIA, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 60 grants totaling $842K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,947,175 | $345,675 | $230,611 |
| Revenue | $3,296,721 | $640,125 | $597,131 |
| Expenses | $1,708,169 | $530,245 | $669,588 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,024 | $3 | $2 |
| 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 10 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Diocese of Charleston ($182,011), Maranatha Christian School ($31,500), Bob Jones Academy ($25,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Abundant Life Christian Schoo Greenville, SC | — | $7,500 |
| All Saints Episcopal Day Scho Florence, SC | — | $6,000 |
| As-Sabeel Academy of Greenvil Greer, SC | — | $7,500 |
| Berea Junior Academy Sumter, SC | — | $9,000 |
| Bob Jones Academy Greenville, SC | — | $25,500 |
| Calvary Christian School Myrt Myrtle Beach, SC | — | $12,000 |
| Cambridge Academy Greenwood, SC | — | $9,000 |
| Center for Learning Columbia, SC | — | $10,500 |
| Chabad Jewish Academy Myrtle Beach, SC | — | $24,000 |
| Charis Language Immersion Aca Greenville, SC | — | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Wendy Damron | President | 40 | $130,000 |
| Oran Smith | Senior Fellow | 40 | $128,338 |
| Jeff Yelton | Director | 1 | — |
| Jim DeMint | Founding Chair | 1 | — |
| Dan Adams | Imm Past Chair | 1 | — |
| Louie L Cason Jr | Director | 1 | — |
| Stewart Rodman | Vice Chair | 1 | — |
| Van Hipp | Director | 1 | — |
| Rick Timmons | Director | 1 | — |
| Phil Hughes | Chairman | 1 | — |
| Barry Wynn | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Palmetto Promise Institute?
Palmetto Promise Institute is a nonprofit organization focused on Health, based in COLUMBIA, SC. It holds $1.9M in total assets as of 2024.
How large is Palmetto Promise Institute?
As of 2024, Palmetto Promise Institute holds $1.9M in total assets with $3.3M in annual revenue. It awarded 60 grants totaling $842K in 2024.
Where does Palmetto Promise Institute operate?
Palmetto Promise Institute has awarded grants in South Carolina.
What size grants does Palmetto Promise Institute award?
In 2024, Palmetto Promise Institute awarded 60 grants totaling $842K — an average of about $14K per grant, based on its IRS Form 990 filings.
What is Palmetto Promise Institute's EIN?
Palmetto Promise Institute's EIN (Employer Identification Number) is 26-3077338. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Palmetto Promise Institute's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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