2024-11-14T06:47:04+00:00 2024-06-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-07-01 570657549 ETV Endowment of South Carolina Inc ETVE 8645910046 401 East Kennedy Street Suite B-1 Spartanburg SC 29302 Coby Cartrette Hennecy Executive Director 8645910046 2024-11-14 true Amy Bibby P00445891 8282542254 2024-11-14 2023 2024-10-15 13:58:12Z Coby Cartrette Hennecy 401 East Kennedy Street Suite B-1 Spartanburg SC 29302 16602062 false X WWW.ETVENDOWMENT.ORG X 1977 SC TO PROMOTE EDUCATIONAL PUBLIC BROADCASTING IN SOUTH CAROLINA. 23 23 25 23 0 0 9250704 10242573 845299 848960 2297244 2881746 24117 10117 12417364 13983396 1078324 1416888 0 0 1167523 1305872 0 19000 837832 8070967 8282995 10316814 11024755 2100550 2958641 34927814 38173358 2782833 2593885 32144981 35579473 The ETV Endowment of South Carolina is a 501(c)(3) nonprofit founded in 1977 that provides funding for programming broadcast on South Carolina ETV, South Carolina Public Radio and other public media stations. false false 5327110 848960 PROGRAM PURCHASE - Through annual membership contributions, the ETV Endowment of South Carolina supports programs broadcast by SCETV, SC Public Radio and other public media stations. The Endowment's 46,500 donors made more than 276,000 individual gifts in FY24. These membership funds are used to purchase programming seen on 11 television stations broadcasting four television channels and heard on nine radio stations broadcasting two programming streams throughout the state. Funding for the programming that is broadcast 24 hours per day, seven days per week, including the national PBS and NPR schedules, is provided by members of the Endowment. The ETV Endowment is proud to serve all South Carolinians, without regard to their ability to pay for the many programs offered. 3658048 1416888 PROGRAM PRODUCTION - Since its founding in 1977, the ETV Endowment has managed nearly $138 million in restricted grants from corporations, foundations and individuals as well as state and governmental entities. The Endowment uses these funds in accordance with grant restrictions to produce and/or present programs for distribution on a national, regional or state level. SCETV, SC Public Radio and the ETV Endowment also contribute significant in-kind contributions to these programs to ensure completion and distribution. Such programs include television, radio and non-broadcast educational programs. 297194 MEMBER SERVICES - For 46 years, the ETV Endowment family of donors, numbering 46,500, has provided membership contributions to sustain the program purchase and production of television and radio programming. Since the Endowment's inception in 1977, our Endowment donors have contributed more than $160 million in unrestricted membership funds. Every member of the Endowment is offered a monthly SCENE program guide, which highlights the offerings on each of SCETV's four television channels and two radio streams. The Endowment also sends to members membership decals for their vehicles each year so others may know of their support of public media in South Carolina. Lastly, the Endowment mailed more than 1,900 appreciation gifts to our donors in FY24. Those gifts included DVDs, books and tickets to performances associated with ETV and SC Public Radio, all of which extend the educational outreach component of SCETV 9282352 true false false false false false false false true true false false false true true true false false false false false false true true false false true false true false false false false false false false false true false false false false true false false false true X 60 0 true 25 true false false false false false true true true 3 false false true false false false X 23 23 false false false false false false false true true false false true true true true true true true true false SC X X Coby Cartrette Hennecy 8645910046 401 E Kennedy Street Suite B-1 Spartanburg SC 29302 Catherine Edwards President 1.0 X X 0 0 0 Eleanor Dunlap Vice-President 1.0 X X 0 0 0 Traci Young Cooper Ed D Secretary 1.0 X X 0 0 0 William A Finn Treasurer 1.0 X X 0 0 0 Cheryl Grant Board Member 1.0 X 0 0 0 David Buckshorn Board Member 1.0 X 0 0 0 DR Ruben Montalvo Board Member 1.0 X 0 0 0 Helen Holland Board Member 1.0 X 0 0 0 Howard Efird Board Member 1.0 X 0 0 0 J Ashley Cooper Board Member 1.0 X 0 0 0 James W Bradshaw Board Member 1.0 X 0 0 0 Jim O Stuckey Board Member 1.0 X 0 0 0 Jimmy Gulledge Board Member 1.0 X 0 0 0 L Andrew Westbrook III Board Member 1.0 X 0 0 0 Lane Gilpin Board Member 1.0 X 0 0 0 Macaulay Smith Board Member 1.0 X 0 0 0 Michelle Logan-Owens Board Member 1.0 X 0 0 0 Natalie Parker Bluestein Board Member 1.0 X 0 0 0 Pamela Williams Board Member 1.0 X 0 0 0 Patti McAbee-Eison Board Member 1.0 X 0 0 0 Preston Sabalis Board Member 1.0 X 0 0 0 Rose Buyck Newton Board Member 1.0 X 0 0 0 Wes Hayes Board Member 1.0 X 0 0 0 Coby C Hennecy CPA CFRE Executive Director 40.0 5.0 X 259797 12095 26794 Lauren Chivers Financial Officer 35.0 5.0 X 162795 7810 18130 422592 19905 44924 2 false true false Allegiance Fundraising LLC PO Box 9132 Fargo ND 85106 Direct Mail 587662 The Grand Tour Travel Company LLC PO Box 274 Peterborough NH 03458 Tour Guide/Trip Planner 165205 Destination Southwest Inc 933 San Mateo Blvd NE Suite 500 Box 101 Albuquerque NM 87108 Tour Guide/Trip Planner 161147 The Good Traveller 39-41 Chase Side Southgate Suite 5 England UK N145BP Tour Guide/Trip Planner 138106 Cyberwoven 1634 Main St Columbia SC 29201 Website Support 119600 8 7662065 83818 2496690 304497 10242573 Underwriting 516100 848960 848960 0 0 0 0 848960 1191271 1191271 0 0 3730078 2039603 1690475 0 1690475 1690475 589180 83818 579063 10117 10117 0 0 0 0 0 13983396 848960 0 2891863 1416888 1416888 466519 23326 373215 69978 595029 507832 87197 43266 21649 18765 2852 126126 63054 54935 8137 74932 37493 32499 4940 1927 925 1002 22686 10889 11797 19000 19000 40000 40000 154334 123781 30553 0 107499 95274 12225 15407 7395 8012 57725 27708 30017 50625 24300 26325 19170 8643 9363 1164 7335 3228 3497 610 36021 7313 28708 17374 8340 9034 Program Production 5611952 5611952 Underwriting 777366 777366 Printing & Publications 742546 114601 627945 Banking Fees 201360 95453 103407 2500 419668 294942 36245 88481 11024755 9282352 904571 837832 12927 5404236 4786964 50762 57354 125193 206562 0 0 41399 35400 298172 201053 94253 97119 28793588 32642220 0 0 405456 347739 34927814 38173358 1999648 1793412 65236 50923 0 717949 749550 2782833 2593885 X 26355306 28955762 5789675 6623711 32144981 35579473 34927814 38173358 2958641 475851 0 X false true X true false X 8947510 9319119 9340995 9700460 10831753 48139837 0 0 8947510 9319119 9340995 9700460 10831753 48139837 0 48139837 633985 5539439 575521 929723 1191271 8869939 0 836041 644912 821435 845299 848960 3996647 61006423 0 0.7891 0.7774 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - UNDERWRITING INCOME, COLUMN A - 836041.0, COLUMN B - 644912.0, COLUMN C - 821435.0, COLUMN D - 845299.0, COLUMN E - 848960.0, COLUMN F - 3996647.0; 23976617 2806797 26783414 22055583 1921034 23976617 25483183 -3427600 22055583 19996447 5486736 25483183 19435897 560550 19996447 1.0 0.0 0.0 false false 45209 45209 1052 1052 0 208059 174371 33688 43852 25630 18222 97119 DUE TO SOUTH CAROLINA EDUCATIONAL COMMUNICATIONS, INC. 484820 Restricted Accrued Expenses 105390 Operating Lease Liabilities 159340 749550 X 15513972 475851 515662 0 991513 14522459 40000 -579063 -539063 13983396 12079480 515662 579063 1094725 10984755 40000 0 40000 11024755 Schedule D, Part V, Line 4 Intended uses of endowment funds THE BOARD OF TRUSTEES OF THE ETV ENDOWMENT DESIGNATED A PORTION OF THE UNRESTRICTED NET ASSETS IN 2003 FOR ENDOWMENT. ADDITIONAL FUNDS WERE DESIGNATED FOR ENDOWMENT IN 2016. THE INTENT OF THE DESIGNATION IS TO GROW THE FUNDS AT AN EARNINGS RATE GREATER THAN THE S&P 500 BUT WITH LESS RISK. A BOARD-APPROVED INVESTMENT POLICY GOVERNS THESE BOARD-DESIGNATED ASSETS. ANNUALLY, UP TO 5% OF THE PORTFOLIO'S MARKET VALUE (DETERMINED AS THE AVERAGE OF THE LAST 12 CALENDAR QUARTERS' MARKET VALUES) CAN BE USED FOR THE PURPOSES OF FULFILLING THE ENDOWMENT'S MISSION OF SUPPORTING THE PROGRAMMING BROADCAST ON SCETV, SC PUBLIC RADIO AND OTHER PUBLIC MEDIA STATIONS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote INCOME TAXES - THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ORGANIZATION'S FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2024 and 2023. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Special Events - -579063 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Events - 579063 X true Goal Busters LLC 555 N Pine Cliff Dr Flagstaff AZ 86001 On-Air Pledge Consulting false 0 19000 -19000 0 19000 -19000 SC Bhutan and Thailand Trip 281126 29000 252126 242690 Nova Scotia Trip 197856 30000 167856 164739 2 194016 24818 169198 171634 672998 83818 589180 579063 579063 10117 true South Carolina Educational Communications Inc 401 E Kennedy Street Suite B-1 Spartanburg SC 29302 570739523 501(C)(3) 1416888 Program Production 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SOUTH CAROLINA EDUCATIONAL COMMUNICATIONS, INC. IS RELATED TO THE ETV ENDOWMENT OF SOUTH CAROLINA, INC. SHARED MANAGEMENT ENSURES THAT GRANT FUNDS ARE MONITORED AND EXPENDED APPROPRIATELY AND THAT THE MISSIONS OF BOTH ORGANIZATIONS ARE FULFILLED. X X X X false false false false false false false false false Coby C Hennecy CPA CFRE Executive Director 237299 12095 22498 0 0 0 12990 605 13199 0 285986 12700 0 0 Lauren Chivers Financial Officer 148375 7810 14420 0 0 0 8140 391 9599 0 180534 8201 0 0 X 429 248638 Market value X 15 55859 Market value false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions ETV ENDOWMENT USES THE SERVICES OF CARS, INC. TO PROCESS DONATIONS OF VEHICLES. THESE SERVICES INCLUDE VEHICLE PICK UP, SALE OF THE DONATED VEHICLE, TITLE PROCESSING AND TRANSFER AND DONOR ACKNOWLEDGEMENT, INCLUDING THE FILING OF FORM 1098-C. CARS, INC. DISTRIBUTES THE NET PROCEEDS TO THE ENDOWMENT AFTER DEDUCTING EXPENSES AND FEES. THE NET PROCEEDS ARE RECORDED AS MEMBERSHIP REVENUES AND ARE USED FOR THE PURCHASE AND PRODUCTION OF PROGRAMS BROADCAST ON SCETV, SC PUBLIC RADIO AND OTHER PUBLIC MEDIA STATIONS. Form 990, Part V, Line 2a EMPLOYEES: THE ETV ENDOWMENT EMPLOYS 11 FULL-TIME EMPLOYEES, TWO PART-TIME EMPLOYEES AND EIGHT STUDENT SUMMER INTERNS. FOR MORE THAN FOUR DECADES, THE ETV ENDOWMENT INTERNSHIP PROGRAM HAS PROVIDED COLLEGE STUDENTS THE OPPORTUNITY TO OBTAIN HANDS-ON EXPERIENCE IN PUBLIC BROADCASTING WITH ETV AND SC PUBLIC RADIO EACH SUMMER. STUDENTS WORK TEN WEEKS IN A PROFESSIONAL DEPARTMENT AT ETV OR SC PUBLIC RADIO. IN FY 2024, EIGHT INTERNSHIP POSITIONS WERE FUNDED BY THE ETV ENDOWMENT. SCETV, SC PUBLIC RADIO AND THE ENDOWMENT WORK TOGETHER TO HELP PUBLIC MEDIA MEET EDUCATIONAL CHALLENGES. ETV IS SOUTH CAROLINA'S STATEWIDE NETWORK WITH 11 TELEVISION STATIONS, NINE RADIO STATIONS AND ONLINE SERVICES AVAILABLE TO ALL SC PUBLIC SCHOOL DISTRICTS, PRIVATE SCHOOLS, HOME SCHOOLS AND HIGHER EDUCATION INSTITUTIONS. ETV USES THE POWER OF TV, RADIO AND THE INTERNET TO ADVANCE EDUCATION, CULTURE AND CITIZENSHIP. Form 990, Part VI, Line 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. RECENT FILINGS OF THE FORM 990 ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE AT ETVENDOWMENT.ORG AS WELL AS ONLINE AT WWW.CANDID.ORG AND WWW.CHARITYNAVIGATOR.ORG Form 990, Part VI, Line 1a Material differences in voting rights EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS OF THE ORGANIZATION AND SUCH OTHER TRUSTEES OF THE ORGANIZATION AS MAY BE APPOINTED ANNUALLY BY THE PRESIDENT. THE EXECUTIVE COMMITTEE MAY EXERCISE THE POWERS OF THE BOARD OF TRUSTEES, BETWEEN MEETINGS OF THE BOARD PROVIDED, HOWEVER, THE ACTIONS OF THE EXECUTIVE COMMITTEE ARE SUBMITTED TO THE BOARD FOR RATIFICATION AT ITS NEXT MEETING. Form 990, Part VI, Line 11b Review of form 990 by governing body BY VOTE OF THE BOARD OF TRUSTEES, THE AUDIT COMMITTEE HAS BEEN DELEGATED LINE-ITEM RESPONSIBILITY FOR THE REVIEW AND APPROVAL OF THE FORM 990. THE APPROVED FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE BOARD OF TRUSTEES HAS APPROVED A CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT. ALL TRUSTEES AND EMPLOYEES MUST SIGN STATEMENTS ANNUALLY, WHICH ARE MONITORED BY THE EXECUTIVE DIRECTOR. THE MINUTES OF THE BOARD MEETING REFLECT THIS ANNUAL DISCLOSURE AND REVIEW. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Compensation Committee of the Board meets at least annually to establish and approve the compensation of the Executive Director based on salary surveys, a compensation study, organizational goals and benchmarks. Form 990, Part VI, Line 15b Process to establish compensation of other employees The Compensation Committee of the Board meets at least annually to establish and approve salary ranges for each position of the organization. The compensation of officers other than the Executive Director is determined by the Executive Director within the salary ranges approved by the committee. Such compensation is based on salary surveys, a compensation study, organizational goals and benchmarks. Form 990, Part VI, Line 19 Required documents available to the public THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY OF ETV ENDOWMENT OF SOUTH CAROLINA, INC. ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, Line 2c The process has not changed from the prior year. SC Educational Communications Inc 401 E Kennedy Street Suite B-1 Spartanburg SC 29302 570739523 Education SC 501(c)(3) Type II NA false false true false false false false false false false false false false false true true true false false false