Palmetto Promise Institute logo

Palmetto Promise Institute

Public charity · Grantmaker Columbia, SC EIN: 26-3077338 Website

Palmetto Promise Institute is a public charity based in Columbia, South Carolina. It describes itself as a nonpartisan nonprofit educational organization that provides research, analysis, and publications on issues affecting the common good, and its website says it promotes policy solutions for a free and flourishing South Carolina.

Key facts about Palmetto Promise Institute

In short: Palmetto Promise Institute gave $783K across 50 grants in 2025 (avg $16K), mostly in South Carolina. Source: 2025 IRS Form 990.

EIN
26-3077338
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$783,077
Grants made (2025)
50
Average grant
$15,662
Median grant
$9,000
Total assets
$1,297,759
Primary geography
South Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.3M

-33.4% YoY

Annual Giving

$783K

-7.0% YoY

Grant Count

50

-16.7% YoY

Avg Grant Size

$16K

+11.6% YoY

How Palmetto Promise Institute gives

  • 94% of 2025 grantees were also funded in 2024. Method
  • Giving grew 716% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to educate the public and enhance the public good through research, analysis, and publications on issues affecting the common good. Its website says its policy work is guided by finding common ground, using rigorous research and analysis, and promoting innovative solutions grounded in freedom and equal opportunity.

Education is evident in its activities and 2025 grants. Recipients included private and Christian schools. For example, Holly Hill Academy says its mission is to develop lasting relationships with students and support academic success, accountability, integrity, and commitment. Newberry Academy describes its mission as operating a private, independent K–12 school. Trinity Collegiate School says it is a college-preparatory school rooted in the Judeo-Christian tradition. These are the grantees’ stated missions, not the institute’s.

The institute’s 2025–26 policy agenda identifies education, healthcare, and a free and fair legal system as categories for its policy priorities.

Grantmaking

In filing year 2025, the institute reported 50 grants totaling $783,077. Grants ranged from $5,296 to $229,000, with a median of $9,000. The largest listed awards included $229,000 to the Diocese of Charleston, $54,050 to Westgate Christian School, $31,146 to Bob Jones Academy, and $28,500 to Lol Steam School of the Arts. Other listed recipients included Maranatha Christian School ($27,000), Daniels Christian School In ($24,000), and Dillon Christian School ($21,387).

How to Apply

for outside organizations seeking grants.

Your AI grants department

Ready to take the next step with Palmetto Promise Institute?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

All reported 2025 grant dollars went to recipients in South Carolina. The listed grantees were based in South Carolina communities including Charleston, Spartanburg, Greenville, Hartsville, Florence, Columbia, Dillon, Manning, and Myrtle Beach.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 50 itemized grants.

Cities

ColumbiaGreenvilleHartsvilleMyrtle BeachSumterCharlestonFlorenceGreenwoodSpartanburgDarlingtonGreerOrangeburgWalterboroAikenAndersonBoiling SpringsCopeDillonEasleyGaston

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2020 0 grants2021 2 grants2022 0 grants2023 60 grants2024 50 grants2025

From 2020 to 2025, annual grant giving ranged from $14K (2020) to $842K (2024). In 2025 it made 50 grants totaling $783K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Diocese of Charleston: $229KDiocese of Charleston$229KWestgate Christian School: $54KWestgate Christian School$54KBob Jones Academy: $31KBob Jones Academy$31KLol Steam School of the Arts: $29KLol Steam School of the Arts$29KMaranatha Christian School: $27KMaranatha Christian School$27KDaniels Christian School In: $24KDaniels Christian School In$24KDillon Christian School: $21KDillon Christian School$21KLaurence Manning Academy: $14KLaurence Manning Academy$14KCalvary Christian School Myrt: $12KCalvary Christian School Myrt$12KChabad Jewish Academy: $12KChabad Jewish Academy$12K

The largest 2025 recipient was Diocese of Charleston ($229K). Together the top 10 received $453K.

Grant Size Distribution

112 grants across all recorded years

107<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 107 grants of 112 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Diocese of Charleston Charleston, SC—$229,000
Westgate Christian School Spartanburg, SC—$54,050
Bob Jones Academy Greenville, SC—$31,146
Lol Steam School of the Arts Hartsville, SC—$28,500
Maranatha Christian School Florence, SC—$27,000
Daniels Christian School In Columbia, SC—$24,000
Dillon Christian School Dillon, SC—$21,387
Laurence Manning Academy Manning, SC—$13,675
Calvary Christian School Myrt Myrtle Beach, SC—$12,000
Chabad Jewish Academy Myrtle Beach, SC—$12,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2025 $1,297,759 $1,105,360 $1,744,501 $783,077 across 50 grants
2024 $1,947,175 $3,296,721 $1,708,169 $841,926 across 60 grants
2023 $345,675 $640,125 $530,245 0 grants reported
Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,297,759$1,947,175$345,675
Revenue$1,105,360$3,296,721$640,125
Expenses$1,744,501$1,708,169$530,245
Net Investment Income$26,128$7,024$3

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 10, 2021)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS May 9, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  4. Updated Form 990 for fiscal year 2025 (received by the IRS April 3, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Phil Hughes as Chairman, Wendy Damron as President, Jeff Yelton as Secretary, Stewart Rodman as Vice Chair, Jim DeMint as Founding Chair, Dan Adams as Immediate Past Chair, and Oran Smith as Senior Fellow. It also lists Louie L. Cason Jr., Van Hipp, and Rick Timmons as directors.

The institute’s website identifies Wendy Damron as President and CEO, Oran P. Smith as Senior Fellow, Ryan Dellinger as ESTF Implementation Coordinator, and Katelyn Bergman as a staff member.

Palmetto Promise Institute is led by Wendy Damron, President since 2023 (on filings since 2020); 2 of 13 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Wendy Damron

    President

    Treasurer → President, 2023

    On filings since 2020

    40 hrs/week

    $120K (2023) → $130K (2025)

  • Jim DeMint

    Founding Chair

    Honorary Chair → Founding Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Phil Hughes

    Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rick Timmons

    Director

    Member → Member & Director, 2022

    Member & Director → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Van Hipp

    Director

    Member → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Barry Wynn

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Louie L Cason Jr.

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Luanne Zurlo

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Richard Gilder III

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Oran Smith

    Senior Fellow

    On filings since 2020

    40 hrs/week

    $113K (2020) → $139K (2025)

  • Dan Adams

    Imm Past Chair

    Member → Imm Past Chair, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stewart Rodman

    Vice Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeff Yelton

    Secretary

    Director → Secretary, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Ellen Weaver (2020–2022) — President
  • Former: Mike Brenan (2020–2022) — Member
  • Former: Mikee Johnson (2020–2021) — Member

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Oran Smith — Senior Fellow: $139KOran SmithSenior Fellow$139KWendy Damron — President: $130KWendy DamronPresident$130K

The highest reported compensation on the 2025 filing was $139K, to Oran Smith (Senior Fellow). 2 officers or directors reported compensation on that filing.

Contact

Mailing address: PO Box 12676, Columbia, SC 29211
Website: https://palmettopromise.org

Frequently asked questions about Palmetto Promise Institute

How much does Palmetto Promise Institute give each year?

Palmetto Promise Institute gave $783K across 50 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $842K across 60 grants.

What is Palmetto Promise Institute's typical grant size?

Palmetto Promise Institute's median grant in 2025 was $9,000, and its average grant was $15,662, across 50 grants on its 2025 IRS Form 990.

Where does Palmetto Promise Institute give grants?

Palmetto Promise Institute gives mostly in South Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Columbia, SC (4 grants), Greenville, SC (3 grants), Hartsville, SC (3 grants) and Myrtle Beach, SC (3 grants).

Who are Palmetto Promise Institute's largest grantees?

Palmetto Promise Institute's largest 2025 grantees include Diocese of Charleston ($229,000), Westgate Christian School ($54,050) and Bob Jones Academy ($31,146), according to its 2025 IRS Form 990. Together they received 40% of its itemized 2025 grant dollars.

How large is Palmetto Promise Institute?

Palmetto Promise Institute reported $1.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.1M.

What does Palmetto Promise Institute fund?

The organization’s stated mission is to educate the public and enhance the public good through research, analysis, and publications on issues affecting the common good. See mission & focus areas ↑

How do I apply for a grant from Palmetto Promise Institute?

Palmetto Promise Institute has no public application process in the sources Grantable reviewed. Check palmettopromise.org for current guidelines, or contact the foundation directly before submitting a request.

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 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Palmetto Promise Institute by hand.

Explore Open Grants

Browse active grant opportunities in Palmetto Promise Institute's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Laurance Family Foundation

La Canada, CA

The Laurance Family Foundation funds assistance for underprivileged individuals, with nearly all 2025 grant dollars going to California and a small share to Oregon. Its 2025 grants ranged from $1,500 to $50,000, with a median of $6,335. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$33K

Grants

16

Total Given

$175K

Duke Energy Foundation

Charlotte, NC

The Duke Energy Foundation funds workforce development, local economic development and recovery, disaster resilience, conservation, and economic opportunity in communities across North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. It reports more than $30 million in annual charitable grants; awards vary widely, with a 2024 median of $25,000, and applications of $20,000 or less are accepted on a rolling basis. Applicants should contact their local Foundation representative before applying.

Assets

$1.9M

Grants

41

Total Given

$25.6M

Global Compassion Services

Walnut, CA

Global Compassion Services funds religious, humanitarian, homelessness, food, shelter, education, and related charitable work. Its 2025 grants ranged from $250 to $101,220, with a median of $7,500, and recipients were concentrated in California, Missouri, Virginia, Florida, and Pennsylvania. The filing says giving is not limited to preselected organizations; it lists no required application form or materials, and no deadline is stated.

International, Foreign Affairs & National Security

Assets

$812

Grants

49

Total Given

$602K

Dick Horne Foundation

Orangeburg, SC

The foundation supports scholarships, community projects, schools, arts organizations, children’s programs, and services for people in need, with most funding directed to Orangeburg and Calhoun counties, South Carolina. In 2024, grants ranged from $500 to $34,300, with a median of $4,000. Scholarship applications may be submitted at any time; the profile does not state whether it accepts unsolicited requests for organizational grants.

Assets

$2.2M

Grants

57

Total Given

$358K

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Clifford L Williams Memorial Foundation

Jena, LA

Education

Assets

$658K

Grants

1

Total Given

$67K

Columbia Pacific Economic Developme

St Helens, OR

The columbia pacific economic development district is to diversify and expand the economic base of the district by actively supporting existing businesses and promoting new business development.

Assets

$1.6M

Grants

0

Total Given

$43K

NADA Foundation

Tysons, VA

The NADA Foundation operates exclusively for charitable and educational purposes.

Assets

$22.4M

Grants

2

Total Given

$161K

The Ann Washington Hillyer

Opelika, AL

Assets

$100K

Grants

4

Total Given

$29K

Davis Family Foundation Inc

Greenwood, SC

The Davis Family Foundation supports eligible 501(c)(3) organizations focused on education, health, and arts and culture, with stated priorities in Maine; in 2024, however, 98% of its grant dollars went to South Carolina recipients. Its 2024 grants ranged from $150 to $500,000, with a median of $2,500, and it accepts only requests from preselected organizations—not unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$21.2M

Grants

92

Total Given

$1.0M

Stryder Foundation

Rancho Mirage, CA

Philanthropy, Voluntarism & Grantmaking

Assets

$262K

Grants

5

Total Given

$16K

The Barnabus Fund

Greenwood, SC

Assets

$1.1M

Grants

5

Total Given

$101K

More Funders in South Carolina

Palmetto Promise Institute down — hundreds of funders to go?

Want AI to do this for you?