Historic Charleston Foundation

“Organization does not report conservation easements on revenue/expense statement as it has no financial interest in easements.”

“Historic charleston efforts to preserve charleston's material culture as well as built environment began in 1955 with the purchase of the nathaniel russell house. Since that time, hcf has assembled a collection of over four thousand decorative and fine art items (architectural elements, silver, ceramics, glass, furniture, metalwork, paintings, sculptures, textiles, etc.), many of which have local provenances and were made in the lowcountry. The early collection documents charleston's transformation from a colonial outpost to a grand cosmopolitan city. Hcf's 19th century artifacts, including the aiken-rhett family collection, enable hcf to also tell the story of antebellum and post-civil war charleston. Hcf remains dedicated to securing notable examples of fine and decorative art. Hcf's archives consist of over 230 linear feet of paper records, largely consisting of property research, files on numerous historic preservation subjects, and hundreds of blueprints. These records are enhanced by thousands of photographs and a small research library of almost 3,000 books, reports, and other publications. Additionally, to date, the online catalog contains records for 2,321 books and 7,178 items from the archives. Acquiring, interpreting and preserving the collections is one of the many ways hcf actively preserves the city's rich cultural heritage.”

“The income from donor restricted endowment funds is used as specified by original donor gift agreements: gardens, awards, training, employee retirement, employee salaries, training and general operating funds. The board designated portion of the endowment is used for general operating support, a loss reserve fund for buildings and support for the long term viability of historic charleston foundation and its historic properties.”

“Management evaluated the foundation's tax positions and concluded that the foundation had taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance for the years ended december 31, 2024 or 2023. The foundation's policy is to report accrued interest related to unrecognized tax benefits, when applicable, as interest income and to report penalties as other expense.”

“Fundraising event expenses 231,385.”

“Fundraising event expenses 231,385.”