Civic Intelligence

Palmetto State Growth Fund Inc

EIN 57-0954747 • 501(c)3 • Columbia, SC

Profile

Palmetto state growth fund lessens the burdens of south carolina's state government by assisting the south carolina jobs-economic development authority in meeting its statutory purposes and obligations of promoting economic development and increasing and/or retaining employment in south carolina.

PO Box 11099Columbia, SC 29211

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Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

149%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$24,246,538

Up $2,861,878 (+13%) from 2023

Liabilities

Down

$17,256

Down $16,334 (-49%) from 2023

Net Assets

Up

$24,229,282

Up $2,878,212 (+13%) from 2023

Revenue

Up

$4,012,576

Up $2,403,508 (+149%) from 2023

Expenses

Down

$664,027

Down $62,471 (-8.6%) from 2023

Net Income

Up

$3,348,549

Up $2,465,979 (+279%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $28,480,332Liabilities 2010: $8,302,103Net Assets 2010: $20,178,2292010Assets 2011: $30,022,244Liabilities 2011: $9,157,385Net Assets 2011: $20,864,8592011Assets 2012: $34,743,086Liabilities 2012: $12,978,289Net Assets 2012: $21,764,7972012Assets 2013: $37,431,522Liabilities 2013: $14,913,651Net Assets 2013: $22,517,8712013Assets 2014: $19,293,534Liabilities 2014: $507,012Net Assets 2014: $18,786,5222014Assets 2015: $18,919,813Liabilities 2015: $276,881Net Assets 2015: $18,642,9322015Assets 2016: $18,813,196Liabilities 2016: $17,182Net Assets 2016: $18,796,0142016Assets 2017: $18,847,193Liabilities 2017: $31,827Net Assets 2017: $18,815,3662017Assets 2018: $18,846,819Liabilities 2018: $18,233Net Assets 2018: $18,828,5862018Assets 2019: $19,102,651Liabilities 2019: $15,027Net Assets 2019: $19,087,6242019Assets 2020: $19,396,806Liabilities 2020: $15,313Net Assets 2020: $19,381,4932020Assets 2021: $19,870,017Liabilities 2021: $9,459Net Assets 2021: $19,860,5582021Assets 2022: $20,785,548Liabilities 2022: $12,503Net Assets 2022: $20,773,0452022Assets 2023: $21,384,660Liabilities 2023: $33,590Net Assets 2023: $21,351,0702023Assets 2024: $24,246,538Liabilities 2024: $17,256Net Assets 2024: $24,229,2822024

Highlighted filing

2024

Assets$24,246,538
Liabilities$17,256
Net Assets$24,229,282

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$5.0M$0-$5.0MRevenue 2010: $3,919,632Expenses 2010: $3,250,670Net Income 2010: $668,9622010Revenue 2011: $4,128,432Expenses 2011: $3,441,802Net Income 2011: $686,6302011Revenue 2012: $4,833,708Expenses 2012: $3,933,770Net Income 2012: $899,9382012Revenue 2013: $4,669,304Expenses 2013: $3,916,230Net Income 2013: $753,0742013Revenue 2014: $492,944Expenses 2014: $4,224,293Net Income 2014: -$3,731,3492014Revenue 2015: $436,981Expenses 2015: $580,571Net Income 2015: -$143,5902015Revenue 2016: $334,205Expenses 2016: $181,123Net Income 2016: $153,0822016Revenue 2017: $233,040Expenses 2017: $213,688Net Income 2017: $19,3522017Revenue 2018: $405,785Expenses 2018: $392,565Net Income 2018: $13,2202018Revenue 2019: $656,601Expenses 2019: $397,563Net Income 2019: $259,0382019Revenue 2020: $718,900Expenses 2020: $425,031Net Income 2020: $293,8692020Revenue 2021: $877,649Expenses 2021: $398,584Net Income 2021: $479,0652021Revenue 2022: $1,457,759Expenses 2022: $516,483Net Income 2022: $941,2762022Revenue 2023: $1,609,068Expenses 2023: $726,498Net Income 2023: $882,5702023Revenue 2024: $4,012,576Expenses 2024: $664,027Net Income 2024: $3,348,5492024

Highlighted filing

2024

Revenue$4,012,576
Expenses$664,027
Net Income$3,348,549

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$0.02$24.2$4.01$0.66$3.35
2023Detailed filing. Detailed filing data is available for this year.$21.4$0.03$21.4$1.61$0.73$0.88
2022Detailed filing. Detailed filing data is available for this year.$20.8$0.01$20.8$1.46$0.52$0.94
2021Detailed filing. Detailed filing data is available for this year.$19.9$0.01$19.9$0.88$0.40$0.48
2020Detailed filing. Detailed filing data is available for this year.$19.4$0.02$19.4$0.72$0.43$0.29
2019Detailed filing. Detailed filing data is available for this year.$19.1$0.02$19.1$0.66$0.40$0.26
2018Detailed filing. Detailed filing data is available for this year.$18.8$0.02$18.8$0.41$0.39$0.01
2017Detailed filing. Detailed filing data is available for this year.$18.8$0.03$18.8$0.23$0.21$0.02
2016Detailed filing. Detailed filing data is available for this year.$18.8$0.02$18.8$0.33$0.18$0.15
2015Summary only. Only limited summary data is available for this year.$18.9$0.28$18.6$0.44$0.58$0.14
2014Summary only. Only limited summary data is available for this year.$19.3$0.51$18.8$0.49$4.22$3.73
2013Summary only. Only limited summary data is available for this year.$37.4$14.9$22.5$4.67$3.92$0.75
2012Summary only. Only limited summary data is available for this year.$34.7$13.0$21.8$4.83$3.93$0.90
2011Summary only. Only limited summary data is available for this year.$30.0$9.16$20.9$4.13$3.44$0.69
2010Summary only. Only limited summary data is available for this year.$28.5$8.30$20.2$3.92$3.25$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$4,012,576
Mission and Program Overview

Mission

Palmetto state growth fund lessens the burdens of south carolina's state government by assisting the south carolina jobs-economic development authority in meeting its statutory purposes and obligations of promoting economic development and increasing and/or retaining employment in south carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,239,650$10,604,688▲ $2,365,038
Other Notes and Loans Receivable, Net$8,008,999$7,856,993▼ $152,006
Investments Program Related$4,890,697$5,610,235▲ $719,538
Cash and Non-Interest-Bearing Accounts$89,781$58,119▼ $31,662
Accounts Receivable$38,079--
Total Assets$21,384,660$24,246,538▲ $2,861,878
Other Assets Total$117,454$116,503▼ $951
Liabilities
Accounts Payable and Accrued Expenses$33,590$17,256▼ $16,334
Total Liabilities$33,590$17,256▼ $16,334
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,351,070$24,229,282▲ $2,878,212
Total Net Assets Fund Balance$21,351,070$24,229,282▲ $2,878,212
Total Liabilities and Net Assets / Fund Balance$21,384,660$24,246,538▲ $2,861,878

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,321,566--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karen J CalhounPresident &
Brian FastDirector
Greg ThompsonDirector
Michael W NixDirector
James a ShufordSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,599,343
Investment Income
$412,726
Other Revenue
$507
Change in Net Assets
$3,348,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,012,576
Revenue Not Reported on Form 990
$-470,337
Total Revenue per Audited Statements
$3,542,239
Total Revenue per Form 990
$4,012,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$664,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$46,293$46,293-$92,586
Fees for Services Accounting$3,501$10,503-$14,004
Fees for Services Legal$2,516$7,548-$10,064
Insurance$3,972$3,972-$7,944
Conferences and Meetings$2,525$2,525-$5,050
Travel$1,301$1,301-$2,602
Occupancy$825$825-$1,650
Office Expenses$647$647-$1,294
Other Expenses$620$620-$1,240
All Other Expenses$376$377-$753
Total Functional Expenses$587,119$76,908$0$664,027

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$664,027
Total Expenses per Audited Statements$664,027
Total Expenses per Form 990$664,027
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
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive committee which acts as the audit committee reviews the 990.

Form 990, Page 6, Part VI, Line 12C

The organization monitors the conflict of interest policy on an inquiry basis.

Form 990, Page 6, Part VI, Line 19

Form 990 filed on guidestar.org. Other governing documents, conflict of interest policy and financial statements are available to the public at its office, 1201 main street, columbia, sc, suite 1745.

Filing and Contact Details

Filer

Filer Name
Palmetto State Growth Fund Inc
EIN
57-0954747
Phone
8434419100
Address
PO BOX 11099, COLUMBIA, SC 29211
Doing Business As
Palmetto State Growth Fund Inc

Signing Officer

Name
Karen J Calhoun
Title
President & Brd Chrm
Phone
8434419100
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen J Calhoun
Formed
1992
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Scott and Company LLC
Address
PO BOX 8388, COLUMBIA, SC 29202
Preparer
William C West
Phone
8032566021
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Palmetto state growth fund, inc

FORM 990 - ORGANIZATION'S MISSION

Palmetto state growth fund lessens the burdens of south carolina's state government by assisting the south carolina jobs-economic development authority in meeting its statutory purposes and obligations of promoting economic development and increasing and/or retaining employment in south carolina.

Form 990, Page 2, Part III, Line 4D

The company invests funds committed but not yet advanced in short term investments.

Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc4INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02060652
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1858353
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2404073
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3183283
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt481135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02060652
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1858353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2404073
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3183283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt481135
IRS990/ProgSrvcAccomActy2Grp/Desc0PALMETTO STATE GROWTH FUND IS A LIMITED PARTNER IN A SBA SMALL BUSINESS INVESTMENT COMPANY (SBIC) WHICH MAKES BUSINESS LOANS AND EQUITY INVESTMENTS IN LOWER MIDDLE MARKET BUSINESSES. THE COMPANY'S INVESTMENT PROVIDED INITIAL CAPITAL FOR THE SBIC WHICH IS THE FIRST SBIC BASED IN SOUTH CAROLINA. THE SBIC WAS LICENSED AND BEGAN OPERATIONS IN 2018. PALMETTO STATE GROWTH FUND ALSO PARTICIPATES IN A SECOND SIBC LIMITED PARTNERSHIP WHICH BEGAN OPERATIONS IN 2023 AND ALSO INVESTS IN LOWER MIDDLE MARKET BUSINESSES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0492247
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03334925
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE COMPANY INVESTS FUNDS COMMITTED BUT NOT YET ADVANCED IN SHORT TERM INVESTMENTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0376830
IRS990/PYOtherExpensesAmt0726498
IRS990/PYOtherRevenueAmt0233
IRS990/PYProgramServiceRevenueAmt01232005
IRS990/PYRevenuesLessExpensesAmt0882570
IRS990/PYTotalExpensesAmt0726498
IRS990/PYTotalRevenueAmt01609068
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03348549
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0264418
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08239650
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010604688
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PALMETTO STATE GROWTH FUND (PSGF) SUPPORTS SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY (JEDA SC), AN AGENCY OF THE STATE. JEDA SC WAS FORMED IN 1983 BY THE SOUTH CAROLINA GENERAL ASSEMBLY PURSUANT TO THE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT ACT, CHAPTER 43 OF TITLE 41 OF THE CODE OF LAWS OF SOUTH CAROLINA 1976 AS AMENDED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE CHAIRMAN OF THE SUPPORTED ORGANIZATION, JEDA SC, SERVES AS A MEMBER OF THE PSGF BOARD. HE ALSO HAS THE AUTHORITY TO APPOINT BOARD MEMBER(S) UP TO A TOTAL WHICH DO NOT CONSTITUTE A MAJORITY OF THE APPOINTED MEMBERS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2PSGF SUPPORTS JEDA SC AS DESCRIBED IN ITS FORM 1023 PURPOSE STATEMENT. THE BOARD EVALUATES PROGRAM ACTIVITIES FOR ITS EFFICACY IN PROMOTING ECONOMIC DEVELOPMENT AND INCREASING/RETAINING EMPLOYMENT IN SOUTH CAROLINA.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 1C
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0570960018
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SC JOBS ECONOMIC DEV AUTHORITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0664027
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04288669
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11321566
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ROUTE 2 CAPITAL PARTNERS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1EQUITY INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-470337
IRS990ScheduleD/RevenueNotReportedAmt0-470337
IRS990ScheduleD/RevenueSubtotalAmt04012576
IRS990ScheduleD/TotalBookValueProgramRltdAmt05610235
IRS990ScheduleD/TotalExpensesPerForm990Amt0664027
IRS990ScheduleD/TotalRevenuePerForm990Amt04012576
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03542239
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0664027
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PALMETTO STATE GROWTH FUND, INC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PALMETTO STATE GROWTH FUND LESSENS THE BURDENS OF SOUTH CAROLINA'S STATE GOVERNMENT BY ASSISTING THE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY IN MEETING ITS STATUTORY PURPOSES AND OBLIGATIONS OF PROMOTING ECONOMIC DEVELOPMENT AND INCREASING AND/OR RETAINING EMPLOYMENT IN SOUTH CAROLINA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPANY INVESTS FUNDS COMMITTED BUT NOT YET ADVANCED IN SHORT TERM INVESTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE WHICH ACTS AS THE AUDIT COMMITTEE REVIEWS THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY ON AN INQUIRY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 FILED ON GUIDESTAR.ORG. OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT ITS OFFICE, 1201 MAIN STREET, COLUMBIA, SC, SUITE 1745.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd1false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt0ROUTE 2 CAPITAL PARTNERS SBIC LP
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt1ROUTE 2 CAPITAL PARTNERS SBIC II LP
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd1false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN0611830782
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN1921323932
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd1false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct00.06060
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct10.01140
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PredominateIncomeDesc0RELATED
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PredominateIncomeDesc1RELATED
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0SBA SBIC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1SBA SBIC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0200 MEETING ST SUITE 403
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt1200 MEETING ST SUITE 403
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm0CHARLESTON
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm1CHARLESTON
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1SC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd029401
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd129401
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021384660
IRS990/TotalAssetsEOYAmt024246538
IRS990/TotalAssetsGrp/BOYAmt021384660
IRS990/TotalAssetsGrp/EOYAmt024246538
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076908
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0587119
IRS990/TotalFunctionalExpensesGrp/TotalAmt0664027
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033590
IRS990/TotalLiabilitiesEOYAmt017256
IRS990/TotalLiabilitiesGrp/BOYAmt033590
IRS990/TotalLiabilitiesGrp/EOYAmt017256
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt021351070
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt024229282
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt011847
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt011847
IRS990/TotalProgramServiceExpensesAmt0587119
IRS990/TotalProgramServiceRevenueAmt03599343
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04012576
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04012576
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021384660
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024246538
IRS990/TravelGrp/ManagementAndGeneralAmt01301
IRS990/TravelGrp/ProgramServicesAmt01301
IRS990/TravelGrp/TotalAmt02602
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0216 DARES FERRY RD
IRS990/USAddress/CityNm0SPARTANBURG
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029302
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.PALMETTOSGF.COM
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN J CALHOUN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & BRD CHRM
ReturnHeader/BusinessOfficerGrp/PhoneNum08434419100
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMETTO STATE GROWTH FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0570954747
ReturnHeader/Filer/PhoneNum08434419100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 11099
ReturnHeader/Filer/USAddress/CityNm0COLUMBIA

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