Southeastern Bank Community Foundation Inc

Foundation · Grantmaker DARIEN, GA EIN: 92-1550626

Southeastern Bank Community Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, GA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $130K in total assets. In 2024, it awarded 10 grants totaling $30K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$130K

+28.6% YoY

Annual Giving

$30K

Grant Count

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Southeastern Bank Community Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Southeastern Bank Community Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $25K (82%)

Florida $6K (18%)

States

Florida Georgia

Cities

BrunswickFernandina BeachFolkstonHinesvilleHortenseKingslandSavannahTifton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$130,108	$101,190
Revenue	$59,120	$101,790
Expenses	$30,202	$600
Qualifying Distributions	$30,202	$600
Net Investment Income	$4,120	$1,790
Distributable Amount	$4,849	$2,660

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

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Golden Isles Veterans Village ($5,000), Boys and Girls Club of Southeast Ga ($5,000), Charlton County Uga Extension ($5,000).

Recipient	Purpose	Amount
GOLDEN ISLES VETERANS VILLAGE BRUNSWICK, GA	FOR VETERAN HOUSING AND SUPPORT	$5,000
BOYS AND GIRLS CLUB OF SOUTHEAST GA BRUNSWICK, GA	FOR MCINTOSH EARLY LITERACY	$5,000
CAMDEN COMMUNITY FAMILY CENTER INC KINGSLAND, GA	FOR LIFE SKILLS CLASSES - CAMDEN CHARLTON	$1,000
LIBERTY COUNTY SHERIFFS OFFICE HINESVILLE, GA	FOR GIFTS OF JOY PROGRAM HOLIDAY GIFTS FOR UNDERPRIVILEGED CHILDREN	$1,000
CHARLTON COUNTY UGA EXTENSION FOLKSTON, GA	FOR CHARLTON 4H TRAILER FOR USE IN PROGRAMS SUPPORTING AGRICULTURE EDUCATION FOR STUDENT MEMBERS	$5,000
THE 1000 STARTUPS CONSORTIUM FERNANDINA BEACH, FL	FOR 1KSU 2024 PROGRAM BUSINESS STARTUP PROGRAM AIMING TO PROVIDE FINANCIAL STABILITY	$3,000
BAY HARBOUR BRANTLEY CHURCH OF GOD FOOD BANK HORTENSE, GA	FOR WALK IN FREEZER FOR USE IN FOOD BANK SERVICES	$4,000
THE SALVATION ARMY NASSAU HOPE HOUSE FERNANDINA BEACH, FL	FOR EMERGENCY ASSISTANCE RELATED TO HOUSING AND UTILITIES	$2,500
CALLED TO CARE INC TIFTON, GA	BEDS AND BEDDING FOR UNDERPRIVILEGED CHILDREN	$1,500
FAMILY PROMISE OF THE COASTAL EMPIRE SAVANNAH, GA	FOR HOMELESSNESS PREVENTION AND DIVERSION	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DONALD J TORBERT JR	PRESIDENT	1	—
ALYSON G BEASLEY	SECRETARY	1	—
ROBERT M EIDSON JR	TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Southeastern Bank Community Foundation Inc?

Southeastern Bank Community Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, GA. It holds $130K in total assets as of 2024.

How large is Southeastern Bank Community Foundation Inc?

As of 2024, Southeastern Bank Community Foundation Inc holds $130K in total assets with $59K in annual revenue. It awarded 10 grants totaling $30K in 2024.

Where does Southeastern Bank Community Foundation Inc operate?

Southeastern Bank Community Foundation Inc has awarded grants in Florida, Georgia.

What size grants does Southeastern Bank Community Foundation Inc award?

In 2024, Southeastern Bank Community Foundation Inc awarded 10 grants totaling $30K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Southeastern Bank Community Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Southeastern Bank Community Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Southeastern Bank Community Foundation Inc's EIN?

Southeastern Bank Community Foundation Inc's EIN (Employer Identification Number) is 92-1550626. IRS Form 990 filing data is available on this page for 2023–2024.