PALMETTO TRUST FOR HISTORIC PRESERVATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PALMETTO TRUST FOR HISTORIC PRESERVATION (EIN 57-0913191)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-02-02
IRS object ID: 201410339349300301
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-02-02T09:55:27-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CANTEY TILLER PIERCE & GREEN LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 862	AddressLine1
City	CAMDEN	City
State	SC	State
ZIP Code	29021	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	570913191	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PALMETTO TRUST FOR HISTORIC	BusinessNameLine1
Business Name Line2	PRESERVATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	PALM	NameControl
Phone	8037710870	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 506	AddressLine1
City	PROSPERITY	City
State	SC	State
ZIP Code	29127	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MICHAEL BEDENBAUGH	Name
Title	EXEC. DIRECTOR	Title
Phone	8037710870	Phone
Date Signed	2013-11-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RICHARD C TILLER	Name
Phone	8034321436	Phone
Date Prepared	2014-01-24	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	225003	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Activity Or Mission Description	THE MISSION OF THE PALMETTO TRUST FOR HISTORIC PRESERVATION IS TO PROTECT AND PRESERVE BUILDINGS OF ARCHITECTURAL SIGNIFICANCE IN SOUTH CAROLINA. WE ACCOMPLISH THIS GOAL BY SEEKING OUT BUILDINGS OF HISTORIC SIGNIFICANCE THAT ARE IN DANGER OF DESTRUCTION FROM NEGLECT OR PURPOSEFUL DEMOLITION. WE THEN INTERVENE BY PURCHASING OR ACCEPTING THE PROPERTY AS A TAX DEDUCTIBLE DONATION, DOING WHATEVER IS NECESSARY TO STOP CURRENT DECAY AND THEN SELLING THE PROPERTY TO AN OWNER WHO CONTRACTS TO PRESERVE AND PROTECT THE PROPERTY IN PERPETUITY ACCORDING TO SECRETARY OF INTERIOR STANDARDS. WE MAINTAIN AN ENDANGERED PROPERTIES REVOLVING FUND TO PURCHASE THESE PROPERTIES AND COMPLETE NECESSARY REPAIRS. WHEN THE PROPERTY IS SOLD, THE FUNDS ARE RETURNED TO THE ENDANGERED PROPERTIES REVOLVING FUND TO RESCUE ANOTHER PROPERTY	ActivityOrMissionDescription
Nbr Voting Members Governing Body	13	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	189748	ContributionsGrantsPriorYear
Contributions Grants Current Year	156885	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	95	InvestmentIncomePriorYear
Investment Income Current Year	27	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1585	OtherRevenuePriorYear
Other Revenue Current Year	68091	OtherRevenueCurrentYear
Total Revenue Prior Year	191428	TotalRevenuePriorYear
Total Revenue Current Year	225003	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	75360	SalariesEtcPriorYear
Salaries Etc Current Year	75907	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	4023	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	568	TotalFundrsngExpCurrentYear
Other Expense Prior Year	48861	OtherExpensePriorYear
Other Expenses Current Year	83230	OtherExpensesCurrentYear
Total Expenses Prior Year	128244	TotalExpensesPriorYear
Total Expenses Current Year	159137	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	63184	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	65866	RevenuesLessExpensesCY
Total Assets BOY	392996	TotalAssetsBOY
Total Assets EOY	457882	TotalAssetsEOY
Total Liabilities BOY	2270	TotalLiabilitiesBOY
Total Liabilities EOY	2347	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	390726	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	455535	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE MISSION OF THE PALMETTO TRUST FOR HISTORIC PRESERVATION IS TO PROTECT AND PRESERVE BUILDINGS OF ARCHITECTURAL SIGNIFICANCE IN SOUTH CAROLINA. WE ACCOMPLISH THIS GOAL BY SEEKING OUT BUILDINGS OF HISTORIC SIGNIFICANCE THAT ARE IN DANGER OF DESTRUCTION FROM NEGLECT OR PURPOSEFUL DEMOLITION. WE THEN INTERVENE BY PURCHASING OR ACCEPTING THE PROPERTY AS A TAX DEDUCTIBLE DONATION, DOING WHATEVER IS NECESSARY TO STOP CURRENT DECAY AND THEN SELLING THE PROPERTY TO AN OWNER WHO CONTRACTS TO PRESERVE AND PROTECT THE PROPERTY IN PERPETUITY ACCORDING TO SECRETARY OF INTERIOR STANDARDS. WE MAINTAIN AN ENDANGERED PROPERTIES REVOLVING FUND TO PURCHASE THESE PROPERTIES AND COMPLETE NECESSARY REPAIRS. WHEN THE PROPERTY IS SOLD, THE FUNDS ARE RETURNED TO THE ENDANGERED PROPERTIES REVOLVING FUND TO RESCUE ANOTHER PROPERTY	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	140577	Expense
Description	SAVING HISTORIC BUILDINGS BY PURCHASE OR DONATION, ADVOCATING WITH COMMUNITY LEADERS, EDUCATING PUBLIC WITH MEDIA AND PERSONAL INTERACTION	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	5929	Expense
Description	PRESERVING S C HISTORICAL SITES ETC	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	5929	TotalOfOtherProgramServiceExp
Total Program Service Expense	146506	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	13	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	SC	StatesWhereCopyOfReturnIsFiled

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	CANTEYTILLERPIERCE GREEN LLP	NamePerson
Telephone Number	8034321436	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 862	AddressLine1
City	CAMDEN	City
State	SC	State
ZIP Code	29021	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
AGNES WILLCOX
BOARD MEMBER	1.00	X	0	0	0
DANIEL RAY SIGMON
TREASURER	1.00	X	0	0	0
LEO TWIGS
BOARD MEMBER	1.00	X	0	0	0
SARAH DAVIS
SECRETARY	3.00	X	0	0	0
JULIAN J NEXSEN JR
BOARD MEMBER	5.00	X	0	0	0
MARGRET POPE
BOARD MEMBER	1.00	X	0	0	0
CYNTHIA JENKINS
PAST-PRESIDE	3.00	X	0	0	0
JANE VAUGHTERS
BOARD MEMBER	1.00	X	0	0	0
DONALD LOVE
BOARD MEMBER	1.00	X	0	0	0
STEPHEN MCCRAE JR
PRESIDENT	1.00	X	0	0	0
SARAH SPRUILL
VICE PRESIDE	1.00	X	0	0	0
PEDEN MCLEOD
BOARD MEMBER	1.00	X	0	0	0
FRANK WIDEMAN
BOARD MEMBER	1.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	156885	AllOtherContributions
Total Contributions	156885	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	27	TotalRevenueColumn
Related Or Exempt Function Income	27	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
EASEMENT MONITORING INCOME	25000	25000
TAG SALE ITEM	24161	24161
OTHER INCOME	10775	10775

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	8155	TotalRevenueColumn
Related Or Exempt Function Income	8155	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	68091	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	225003	TotalRevenueColumn
Related Or Exempt Function Income	68118	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	70421	Total
Program Services	63379	ProgramServices
Management And General	7042	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	5486	Total
Program Services	4937	ProgramServices
Management And General	549	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	3340	Total
Program Services	3340	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	2720	Total
Program Services	2176	ProgramServices
Management And General	544	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	6271	Total
Program Services	6271	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2839	Total
Program Services	2048	ProgramServices
Management And General	223	ManagementAndGeneral
Fundraising	568	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1010	Total
Program Services	1010	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	3326	Total
Program Services	2661	ProgramServices
Management And General	665	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	5353	Total
Program Services	4818	ProgramServices
Management And General	535	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	4840	Total
Program Services	3872	ProgramServices
Management And General	968	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	583	Total
Program Services	583	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	329	Total
Program Services	329	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	5466	Total
Program Services	4919	ProgramServices
Management And General	547	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
GRANT EXPENSE	25008	25008
PHASE 1	5985	5985
REPAIRES AND MAINTENANCE	4904	4904
CONSTRUCTION	2845	2845

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	8411	Total
Program Services	7421	ProgramServices
Management And General	990	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	159137	Total
Program Services	146506	ProgramServices
Management And General	12063	ManagementAndGeneral
Fundraising	568	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	16613	BOY
EOY	30458	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	205223	BOY
EOY	211142	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	9875	BOY
EOY	9875	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	208628	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2221	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	161285	BOY
EOY	206407	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	392996	BOY
EOY	457882	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2270	BOY
EOY	2347	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2270	BOY
EOY	2347	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	102644	BOY
EOY	76477	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	288082	BOY
EOY	379058	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	390726	BOY
EOY	455535	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	392996	BOY
EOY	457882	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	65866	ReconcilationRevenueExpenses
Reconcilation Prior Adjustment	-1057	ReconcilationPriorAdjustment
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	95891	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	84233	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	55663	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	189748	CurrentTaxYearMinus1Year
Current Tax Year	156885	CurrentTaxYear
Total	582420	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	95891	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	84233	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	55663	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	189748	CurrentTaxYearMinus1Year
Current Tax Year	156885	CurrentTaxYear
Total	582420	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	84222	AmountsSubstContributorsTotal
Public Support Total170	498198	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	824	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	150	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	77	CurrentTaxYearMinus2Years
Total	1051	Total

Field	Value	IRS element (for citing)
Total Support	583471	TotalSupport
Gross Receipts From Admissions Etc	68118	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.85390	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.60830	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	204653	OtherCostOrOtherBasis
Book Value	204653	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3975	OtherCostOrOtherBasis
Depreciation	2221	Depreciation
Book Value	1754	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	206407	TotalOfBookValueLandBuildings

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THE MISSION OF THE PALMETTO TRUST FOR HISTORIC PRESERVATION IS TO PROTECT AND PRESERVE BUILDINGS OF ARCHITECTURAL SIGNIFICANCE IN SOUTH CAROLINA. WE ACCOMPLISH THIS GOAL BY SEEKING OUT BUILDINGS OF HISTORIC SIGNIFICANCE THAT ARE IN DANGER OF DESTRUCTION FROM NEGLECT OR PURPOSEFUL DEMOLITION. WE THEN INTERVENE BY PURCHASING OR ACCEPTING THE PROPERTY AS A TAX DEDUCTIBLE DONATION, DOING WHATEVER IS NECESSARY TO STOP CURRENT DECAY AND THEN SELLING THE PROPERTY TO AN OWNER WHO CONTRACTS TO PRESERVE AND PROTECT THE PROPERTY IN PERPETUITY ACCORDING TO SECRETARY OF INTERIOR STANDARDS. WE MAINTAIN AN ENDANGERED PROPERTIES REVOLVING FUND TO PURCHASE THESE PROPERTIES AND COMPLETE NECESSARY REPAIRS. WHEN THE PROPERTY IS SOLD, THE FUNDS ARE RETURNED TO THE ENDANGERED PROPERTIES REVOLVING FUND TO RESCUE ANOTHER PROPERTY
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	PRESERVING S C HISTORICAL SITES ETC
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	MONITOR THROUGH CAREFUL OVERSIGHT/ENFORCEMENT MEASURES ARE INCLUDED IN BI-LAWS
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC