Southeastern Bank Community Foundation Inc
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
10
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
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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