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Waccamaw Community Foundation

MURRELLS INLET, SC EIN: 56-2121992 Website

Waccamaw Community Foundation (WCF) is a public charity and community foundation based in Murrells Inlet, South Carolina. Founded in 1999 by local citizens, the organization helps individuals from all walks of life establish charitable funds for the long-term benefit of their communities. WCF operates as a philanthropic organization dedicated to building sustainable philanthropy to strengthen communities in the Waccamaw Region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$38.4M

+15.5% YoY

Annual Giving

$1.6M

-41.9% YoY

Grant Count

77

+20.3% YoY

Avg Grant Size

$21K

-51.7% YoY

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

Mission & Focus Areas

Mission: Build and maintain sustainable philanthropy to strengthen communities.

WCF's grantmaking spans the community's broadest areas, including:

  • Arts and culture
  • Community development
  • Education
  • Environmental efforts
  • Health initiatives
  • Human needs and services
  • Neighborhood development
  • Religious organizations
  • Animal welfare
  • Philanthropy, voluntarism, and grantmaking

Grantmaking

WCF dispersed 232 grants and scholarships totaling $2,319,523 in 2024:

Grant Types

and Programs

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Geographic Focus

Where this funder awards grants

WCF serves a two-county service area encompassing Horry and Georgetown Counties in South Carolina, though grantmaking extends beyond this region. The foundation also funds initiatives in North Carolina and Minnesota.

Grant Distribution by State

17states
+9 more states

Cities

ArdenAshevilleAtlantaBaltimoreBlufftonBlythwoodBooneBristolCentennialCharlestonCharlotteChattanoogaChicagoCincinattiClemsonClintonColumbiaConwayDallasDenmark

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $38,409,782
  • Total Revenues: $5,009,782
  • Total Expenses: $2,967,578
  • Annual Income: $8.6M

Historical Giving:

  • Since 1999, WCF has awarded more than $27 million in grants (as of recent reporting)
  • The foundation currently manages more than $42 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$38,409,782$33,255,334$28,176,653
Revenue$5,586,722$6,543,921$5,536,720
Expenses$3,544,518$4,151,050$3,419,229
Qualifying Distributions
Net Investment Income$1,208,875$688,315$1,072,974
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$883K$2M$3M$4M73 grants202065 grants202159 grants202264 grants202377 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SAMARITAN'S PURSE$350KCITY OF CONWAY$75KFIRST PRESBYTERIAN CHURC…$50KUNITED WAY OF HORRY COUN…$45KHUMANE SOCIETY OF NORTH …$30KCOASTAL EDUCATIONAL FOUN…$30KWACCAMAW COMMUNITY FOUND…$30KPALMETTO SHORES CHURCH$26KMYRTLE BEACH DOWNTOWN AL…$26KNORTH MYRTLE BEACH AREA …$25K

Grant Size Distribution

250 grants across all recorded years

222<$50K17$50–100K7$100–250K2$250–500K2$500K–1M$1–5M$5M+

Open Grants

5 open opportunities from Waccamaw Community Foundation

Show all 5 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Michael L. Mancuso – President & CEO
  • Robert Hucks – Chair of the Board of Directors
  • Rick Elliott – Board President (mentioned in earlier context)

The foundation employs 3 staff members.

Compensation Overview

From 2024 IRS filing

MICHAEL MANCUSOEXECUTIVE DIRECTOR$118K

From 2024 filing

NameTitleHoursCompensation
DENNIS WADEDIRECTOR1
ROBERT HUCKS IIBOARD VICE CHAIR & CHAIR ELECT1
EMMA RUTH BRITTIANDIRECTOR1
CHERYL CAILDIRECTOR1
WALLACE EVANSDIRECTOR1
PHILLIP ANDERSONVICE CHAIR - GRANTING AND SCHOLARSHIPS1
ERIK FROMMDIRECTOR1
RICK ELLIOTBOARD CHAIR1
ALLAN JEFFCOATDIRECTOR1
GARY COOPERVICE CHAIR - DEVELOPMENT COMMITTEE1
DR DESHAWN ROUSHDIRECTOR1
MICHAEL MANCUSOEXECUTIVE DIRECTOR40$118,094

Recent News & Activity

Recent developments and announcements

WCF earned accreditation from the Community Foundations National Standards Board, becoming only the fourth community foundation in South Carolina to achieve this distinction. Fewer than two-thirds of community foundations nationally meet the rigorous requirements for accreditation. The accreditation confirms WCF's compliance with 26 standards covering donor services, resource development, grantmaking, community leadership, and financial and legal accountability.

Waccamaw Community Foundation Awards Grants Benefitting 56 Nonprofit Organizations\

WCF celebrated 25 years of service to the Waccamaw Region, with an event held at the Dunes Golf & Beach Club in Myrtle Beach gathering over 100 donors and fund holders.

Erik Fromm joined the WCF Board of Directors, bringing business experience and commitment to community building.

WCF awarded competitive grants to 56 nonprofit organizations in Horry and Georgetown Counties, supporting initiatives ranging from children's reading programs to support for autism families and disaster cycle services.

Waccamaw Community Foundation Awards Grants Benefitting 56 Nonprofit Organizations\

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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