South Carolina · Public charity
Palmetto Electric Trust
Charitable fundraising services for worthwhile community activities by rounding up electric bills to an even dollar amount, with disbursement of funds for charitable purposes in the service area of palmetto electric cooperative, inc.
- $518k
- Granted FY2024(still arriving)
- 26
- Itemized grants FY2024
- 17
- Organizations funded FY2023
- 24%
- First-time grantees FY2023
- Itemized, FY2024
- $493k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $16,000
- Largest grant, FY2024
- $75,000
- Organizations funded a year
- 16 to 26
- FY2019 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $611k
How open it is to new grantees
In FY2023, 24% of the organizations Palmetto Electric Trust funded were first-time grantees, receiving 18% of its grant dollars.
New vs renewed · share of each year
In FY2023, 82% of grant dollars renewed an existing relationship; $50k 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 | 25 | $493k | 24% |
| FY2023 | 17 | $278k | 24% |
| FY2022 | 21 | $323k | 24% |
| FY2021 | 16 | $210k | 6% |
| FY2020 | 26 | $489k | 54% |
| FY2019 | 19 | $255k | 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 |
|---|---|---|---|
| American National Red Cross & Its Constituent Chapters and Branches | $137,500 | 6 | 0% |
| The Volunteers in Medicine Clinic | $117,040 | 3 | 1% |
| Jasper County Council on Aging Inc | $114,000 | 6 | 4% |
| Meals on Wheels Bluffton/Hilton Head | $102,000 | 5 | 8% |
| Bluffton Self Help Inc | $96,209 | 6 | 1% |
| Programs for Exceptional People | $91,762 | 6 | 1% |
| Helping Hand Center Inc | $88,600 | 5 | 18% |
| Lowcountry Food Bank Inc | $74,650 | 4 | 0% |
| Coastal Carolina Council Bsa | $64,490 | 6 | 1% |
| The Children's Center Inc | $52,500 | 5 | 1% |
Show all 45 grantees
Plus 4 recipients with no EIN on record ($270k), not named here.
Where it is load-bearing
Palmetto Electric Trust supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 43 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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 tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Community Foundation of the Lowcountry · Coastal Community Foundation of South Carolina Inc · Heritage Classic Foundation · The Church Mouse Thrift Shop Inc · Wexford Foundation · The Bargain Box · The Berkeley Hall Charitable Foundation · United Way of the Lowcountry · The Watterson Family Foundation · Hilton Head Firefighters Association Inc · Central Carolina Community Foundation · Dominion Energy Charitable Foundation
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Palmetto Electric Trust?
Find your warmest path to Palmetto Electric Trust through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Palmetto Electric Trust
- How much does Palmetto Electric Trust give?
- Palmetto Electric Trust reported 26 itemized grants totaling $493,010, out of $518,030 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 16 and 26 organizations a year over FY2019 to FY2023.
- What does Palmetto Electric Trust fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Human Services (27%), Health (13%), Food & Nutrition (11%).
- Who are Palmetto Electric Trust's largest grantees?
- By total granted over FY2019 to FY2024: American National Red Cross & Its Constituent Chapters and Branches ($138k), The Volunteers in Medicine Clinic ($117k), Jasper County Council on Aging Inc ($114k).
- Does Palmetto Electric Trust fund new organizations?
- In FY2023, 24% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Palmetto Electric Trust?
- Its strongest co-funders, measured against what their size predicts, include Community Foundation of the Lowcountry, Coastal Community Foundation of South Carolina Inc, Heritage Classic Foundation.
- Where is Palmetto Electric Trust based?
- Palmetto Electric Trust is based in SC.
Play a game based on Palmetto Electric’s filings →