Civic Intelligence

Upward Unlimited Foundation

990 • Fiscal year 2020 • EIN 45-3444045

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 02, 2021

198 White Star PointSpatanburg, SC 29301

(864) 949-5700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.16x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

5.52x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

92nd percentile

55%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

71st percentile

$249,717

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 69.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

33rd percentile

1.7%

Faster asset growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-4.7%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,029,008

Up $199,319 (+1.7%) from 2019

Net Assets

Up

$10,047,081

Up $198,631 (+2.0%) from 2019

Liabilities

Up

$1,981,927

Up $688 (+0.0%) from 2019

Revenue

Down

$359,333

Down $17,755 (-4.7%) from 2019

Expenses

Down

$160,702

Down $27,038 (-14%) from 2019

Net Income

Up

$198,631

Up $9,283 (+4.9%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2013: $1,020,114Liabilities 2013: $133,497Net Assets 2013: $886,6172013Assets 2014: $936,949Liabilities 2014: $332,596Net Assets 2014: $604,3532014Assets 2015: $11,199,980Liabilities 2015: $2,727,900Net Assets 2015: $8,472,0802015Assets 2016: $10,988,411Liabilities 2016: $3,085,407Net Assets 2016: $7,903,0042016Assets 2017: $11,595,402Liabilities 2017: $2,023,696Net Assets 2017: $9,571,7062017Assets 2018: $11,639,326Liabilities 2018: $1,980,224Net Assets 2018: $9,659,1022018Assets 2019: $11,829,689Liabilities 2019: $1,981,239Net Assets 2019: $9,848,4502019Assets 2020: $12,029,008Liabilities 2020: $1,981,927Net Assets 2020: $10,047,0812020Assets 2021: $12,298,786Liabilities 2021: $1,982,785Net Assets 2021: $10,316,0012021Assets 2022: $108,112Liabilities 2022: $105Net Assets 2022: $108,0072022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$12,029,008
Liabilities$1,981,927
Net Assets$10,047,081

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10M-$20MRevenue 2013: $10,000Expenses 2013: $91,635Net Income 2013: -$81,6352013Revenue 2014: $17,450Expenses 2014: $299,715Net Income 2014: -$282,2652014Revenue 2015: $8,648,781Expenses 2015: $781,054Net Income 2015: $7,867,7272015Revenue 2016: $395,782Expenses 2016: $964,858Net Income 2016: -$569,0762016Revenue 2017: $1,403,530Expenses 2017: $817,743Net Income 2017: $585,7872017Revenue 2018: $790,709Expenses 2018: $703,313Net Income 2018: $87,3962018Revenue 2019: $377,088Expenses 2019: $187,740Net Income 2019: $189,3482019Revenue 2020: $359,333Expenses 2020: $160,702Net Income 2020: $198,6312020Revenue 2021: $358,554Expenses 2021: $89,634Net Income 2021: $268,9202021Revenue 2022: $158,345Expenses 2022: $10,366,339Net Income 2022: -$10,207,9942022Revenue 2023: $478Expenses 2023: $108,485Net Income 2023: -$108,0072023

Highlighted filing

2020

Revenue$359,333
Expenses$160,702
Net Income$198,631
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 2, 2021
Return Version
2019v5.2
Gross Receipts
$359,333
Mission and Program Overview

Mission

To accelerate the mission of Upward Unlimited by creating fundraising opportunities for individuals, institutions, and other non-profits to invest in the Upward Unlimited mission thereby overcoming risks and challenges due to lack of funding.

To accelerate the mission of Upward Unlimited by creating fundraising opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$10,203,000$10,203,000→ $0
Cash and Non-Interest-Bearing Accounts$453,070$366,370▼ $86,700
Accounts Receivable$29,759$29,759→ $0
Total Assets$11,829,689$12,029,008▲ $199,319
Other Assets Total$1,143,860$1,429,879▲ $286,019
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,977,893$1,978,743▲ $850
Accounts Payable and Accrued Expenses$3,346$3,184▼ $162
Total Liabilities$1,981,239$1,981,927▲ $688
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,763,332$9,979,139▲ $215,807
Net Assets With Donor Restrictions$85,118$67,942▼ $17,176
Total Net Assets Fund Balance$9,848,450$10,047,081▲ $198,631
Total Liabilities and Net Assets / Fund Balance$11,829,689$12,029,008▲ $199,319

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,429,879--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tully BrewerChairman of Board
Gregory McCaslinFormer President
Bob CaldwellVice Chairman
Courtney SheltonBoard Member
David BishopBoard Member
Michael ChibbaroBoard Member (began 04/20)
Kevin DrakeExecutive Director (began 05/20)
Willam PalmerExecutive Director (ended 05/20)
Pamela WestbrooksAssistant Treasurer
Hugh BrantleySecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,909
Program Service Revenue
$0
Investment Income
$357,424
Other Revenue
$0
All Other Contributions
$1,909
Change in Net Assets
$198,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,174
Grants and Similar Amounts Paid$75,528
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$81,167-$81,167
Grants to Domestic Orgs$75,528--$75,528
Fees for Services Accounting-$2,100-$2,100
Office Expenses-$1,907-$1,907
Total Functional Expenses$75,528$85,174$0$160,702
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Upward UnlimitedSpartanburg, SC501(c)(3)Scholarships, Facilities, General Program Assistance$73,725
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Foundation's sole member is Upward Unlimited.

Form 990, Part VI, Section A, line 7A

Directors are selected by the Foundation's sole member, Upward Unlimited.

Form 990, Part VI, Section A, line 7B

The Foundation's sole member, Upward Unlimited, shall be entitled to vote on any other matter requiring membership approval under the Act, the articles of incorporation, or the bylaws. The Foundation's sole member shall also be entitled to vote on any other matter submitted to a member vote by resolution of the Board of Directors.

Form 990, Part VI, Section B, line 11B

The Foundation's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Foundation's governing body prior to its filing with the IRS.

Form 990, Part VI, Section B, line 12C

The Foundation's conflict of interest policy is distributed to each member of the Foundation's governing body, and its officers on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Foundation officials to take appropriate actions as required by the policy.

Form 990, Part VI, Section B, line 15

The Foundation does not have any paid employees and therefore does not have a compensation setting policy. Key personnel supporting the Foundation are employees of Upward Unlimited, a related tax-exempt organization. Upward Unlimited has adopted an executive compensation setting policy applicable to all disqualified persons, including the Organization's CEO, officers and key employees. Under the policy, an independent committee of the Board of Directors annually reviews and approves the compensation levels of all individuals subject to the policy. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations; updated comparability data is generally obtained every two years.

Form 990, Part VI, Section C, line 19

The Foundation provides, upon request, copies of its Articles of Incorporation, bylaws, conflict of interest policy, and its financial statements.

Filing and Contact Details

Filer

Filer Name
Upward Unlimited Foundation
EIN
45-3444045
Phone
8649495700
Address
198 White Star Point, Spatanburg, SC 29301

Signing Officer

Name
Pamela Westbrooks
Title
Assistant Treasurer
Phone
8649495700
Signed
2021-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Drake
Formed
2012
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Batts Morrison Wales & Lee PA
Address
801 North Orange Avenue Suite 800, Orlando, FL 32801
Preparer
Michele M Wales
Phone
4077706000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The Foundation's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0571031173
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt073725
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Upward Unlimited
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt073725
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01429879
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Restricted cash - bond sinking fund
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01429879
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt073725
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Scholarships, Facilities, General Program Assistance
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Upward Unlimited
IRS990ScheduleI/RecipientTable/RecipientEIN0571031173
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0198 White Star Point
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Spartanburg
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029301
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation makes grants to 501(c)(3) public charities whose purposes are consistent with that of the Foundation and its supported organization, Upward Unlimited. Therefore, no further grant monitoring is deemed necessary for grants to such organizations. Additionally, the Foundation makes grants to its supported Organization, Upward Unlimited, and therefore is able to monitor all uses of the grants provided due to their relationship.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt16000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0203460
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1147102
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt286470
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04916
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt14407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt029651
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt111172
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt246495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt01690
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt11684
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Willam Palmer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Pamela Westbrooks
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Gregory McCaslin
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director (ended 05/20)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Assistant Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Former President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0249717
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1170365
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2132965
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0During the 2019 calendar year, Gregory McCaslin, former President, received a severance payment from Upward Unlimited, a related organization, of $132,965, of which $40,030 was designated as ministerial housing allowance under Section 107 of the Internal Revenue Code.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1See Schedule O response to Form 990, Part VI, Section B, Line 15 for information regarding the compensation-setting procedures followed by the Foundation's related organization, Upward Unlimited.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 4a
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule J:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundation's sole member is Upward Unlimited.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors are selected by the Foundation's sole member, Upward Unlimited.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Foundation's sole member, Upward Unlimited, shall be entitled to vote on any other matter requiring membership approval under the Act, the articles of incorporation, or the bylaws. The Foundation's sole member shall also be entitled to vote on any other matter submitted to a member vote by resolution of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Foundation's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Foundation's governing body prior to its filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Foundation's conflict of interest policy is distributed to each member of the Foundation's governing body, and its officers on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Foundation officials to take appropriate actions as required by the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Foundation does not have any paid employees and therefore does not have a compensation setting policy. Key personnel supporting the Foundation are employees of Upward Unlimited, a related tax-exempt organization. Upward Unlimited has adopted an executive compensation setting policy applicable to all disqualified persons, including the Organization's CEO, officers and key employees. Under the policy, an independent committee of the Board of Directors annually reviews and approves the compensation levels of all individuals subject to the policy. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations; updated comparability data is generally obtained every two years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Foundation provides, upon request, copies of its Articles of Incorporation, bylaws, conflict of interest policy, and its financial statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Foundation's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Upward Unlimited
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0271593578
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Promote Upward Unlimited
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Upward Enterprises Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0198 White Star Point
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Spartanburg
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd029301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Upward Unlimited Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1Upward Unlimited Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Upward Unlimited
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1South Carolina Christian Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0571031173
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1582362123
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1SC

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