South Carolina · Public charity
Palmetto Economic Development Corp Dba South Carolina Power Team
Palmetto economic development corporation is the economic development alliance of the state's 19 electric cooperatives. Together they provide power to more than 2 million south carolinians.
- $55k
- Granted FY2024(still arriving)
- 2
- Itemized grants FY2024
- 8
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2024
- $43k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $25,000
- Largest grant, FY2024
- $25,000
- Organizations funded a year
- 1 to 8
- FY2019 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $3.3M
How open it is to new grantees
In FY2023, 100% of the organizations Palmetto Economic Development Corp Dba South Carolina Power Team funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $135k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 2 | $43k | 100% |
| FY2023 | 8 | $135k | 100% |
| FY2021 | 2 | $50k | 100% |
| FY2020 | 1 | $24k | 100% |
| FY2019 | 3 | $109k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.
Top grantees
Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Santee Electric Cooperative Inc | $50,000 | 1 | 0% |
| Broad River Electric Cooperative Inc | $45,000 | 1 | 0% |
| Dorchester Economic Development Corporation | $26,306 | 1 | 5% |
| Newberry Electric Cooperative Inc | $25,000 | 1 | 0% |
| Florence County | $25,000 | 1 | n/a |
| Nation Ford Chemical | $25,000 | 1 | n/a |
| Palmetto Electric Cooperative Inc | $24,450 | 1 | 0% |
| Flame Spray North America Inc | $20,000 | 1 | n/a |
| Trico Development LLC | $18,000 | 1 | n/a |
| Childrenswear Holding Corp | $12,500 | 1 | n/a |
Show all 13 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Santee Electric Cooperative Inc | $50,000 | 1 | 0% |
| Broad River Electric Cooperative Inc | $45,000 | 1 | 0% |
| Dorchester Economic Development Corporation | $26,306 | 1 | 5% |
| Newberry Electric Cooperative Inc | $25,000 | 1 | 0% |
| Florence County | $25,000 | 1 | n/a |
| Nation Ford Chemical | $25,000 | 1 | n/a |
| Palmetto Electric Cooperative Inc | $24,450 | 1 | 0% |
| Flame Spray North America Inc | $20,000 | 1 | n/a |
| Trico Development LLC | $18,000 | 1 | n/a |
| Childrenswear Holding Corp | $12,500 | 1 | n/a |
| National Machinery & Fabrication Inc | $11,000 | 1 | n/a |
| York Electric Cooperative Inc | $10,000 | 1 | 0% |
| Martin Printing | $5,650 | 1 | n/a |
Plus 3 recipients with no EIN on record ($64k), not named here.
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Central Electric Power Cooperative Inc
How this is measured
Compare Palmetto Economic Development Corp Dba South Carolina Power Team with peer funders
About Palmetto Economic Development Corp Dba South Carolina Power Team
- How much does Palmetto Economic Development Corp Dba South Carolina Power Team give?
- Palmetto Economic Development Corp Dba South Carolina Power Team reported 2 itemized grants totaling $43,000, out of $54,898 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 8 organizations a year over FY2019 to FY2023.
- What does Palmetto Economic Development Corp Dba South Carolina Power Team fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Community Improvement (63%), Employment (20%), Environment (12%).
- Who are Palmetto Economic Development Corp Dba South Carolina Power Team's largest grantees?
- By total granted over FY2019 to FY2024: Santee Electric Cooperative Inc ($50k), Broad River Electric Cooperative Inc ($45k), Dorchester Economic Development Corporation ($26k).
- Does Palmetto Economic Development Corp Dba South Carolina Power Team fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Palmetto Economic Development Corp Dba South Carolina Power Team?
- Its strongest co-funders, measured against what their size predicts, include Central Electric Power Cooperative Inc.
- Where is Palmetto Economic Development Corp Dba South Carolina Power Team based?
- Palmetto Economic Development Corp Dba South Carolina Power Team is based in SC.
Play a game based on Palmetto Economic Development Corp Dba South Carolina Power Team’s filings →