2013-08-13T07:49:19-05:00 2012-12-31 570381582 ELLIOTT DAVIS LLCPLLC 100 CALHOUN ST STE 300 CHARLESTON SC 29401 990 2012-01-01 576000599 HISTORIC CHARLESTON FOUNDATION HIST 8437231623 PO BOX 1120 CHARLESTON SC 29402 CYNTHIA ELLIS 8437231623 2013-08-07 1 MELONIE HAMMOND-TRACE CPA P00497186 8435777040 2012 2016-02-25 16:41:14Z KATHARINE ROBINSON PO BOX 1120 CHARLESTON SC 29402 5853270 0 X WWW.HISTORICCHARLESTON.ORG X 1947 SC HISTORIC CHARLESTON FOUNDATION IS DEDICATED TO PRESERVING AND PROTECTING THE HISTORICAL, ARCHITECTURAL AND CULTURAL CHARACTER OF CHARLESTON AND ITS HISTORIC ENVIRONS, AND TO EDUCATING THE PUBLIC ABOUT CHARLESTON'S HISTORY AND THE BENEFITS THAT ARE DERIVED FROM PRESERVATION. 29 29 116 650 0 0 737812 777388 2169877 2069891 2967521 291843 963589 1201421 6838799 4340543 0 0 0 0 1738000 1897974 0 0 317116 2331276 2215814 4069276 4113788 2769523 226755 21105549 22118524 1858738 1906396 19246811 20212128 X HISTORIC CHARLESTON FOUNDATION IS DEDICATED TO PRESERVING AND PROTECTING THE HISTORICAL, ARCHITECTURAL AND CULTURAL CHARACTER OF CHARLESTON AND ITS HISTORIC ENVIRONS, AND TO EDUCATING THE PUBLIC ABOUT CHARLESTON'S HISTORY AND THE BENEFITS THAT ARE DERIVED FROM PRESERVATION. 0 0 549016 PRESERVATION SERVICES - HISTORIC CHARLESTON FOUNDATION IS ONE OF THE NATION'S OLDEST AND MOST RESPECTED HISTORIC PRESERVATION ORGANIZATIONS. FOUNDED IN 1947 BY A GROUP OF CONCERNED CITIZENS, THE FOUNDATION HAS PLAYED AN IMPORTANT ROLE IN REVITALIZING CHARLESTON AND PRESERVING THE CITY'S HISTORIC ARCHITECTURE AND NEIGHBORHOODS. IN THE PROCESS, IT HAS BECOME ONE OF THE MOST INNOVATIVE AND EFFECTIVE PRESERVATION ADVOCACY ORGANIZATIONS IN THE UNITED STATES.THE FOUNDATION CREATED THE NATION'S FIRST REVOLVING FUND FOR NEIGHBORHOODS, SAVING AND PROTECTING 91 HISTORIC STRUCTURES, STRESSING THE IMPORTANCE OF REVITALIZING ENTIRE NEIGHBORHOODS RATHER THAN JUST INDIVIDUAL BUILDINGS. ITS ANSONBOROUGH PROJECT IS CREDITED WITH INSPIRING COMMUNITY-BASED CONSERVATION EFFORTS IN HISTORIC NEIGHBORHOODS THROUGHOUT THE NATION. BY PURCHASING PROPERTIES THREATENED WITH DEMOLITION, RESTORING THEIR HISTORIC CHARACTER AND LIVABILITY, AND SELLING THEM AFTER ATTACHING PROTECTIVE COVENANTS, THE FOUNDATION NOT ONLY STABILIZES NEIGHBORHOODS BUT ALSO SECURES THE FUTURE OF HISTORIC STRUCTURES. HISTORIC CHARLESTON FOUNDATION IS ALSO KNOWN AS AN INNOVATOR IN HISTORIC EASEMENT AND COVENANT PROGRAMS. THE FOUNDATION HOLDS MORE THAN 380 EASEMENTS AND COVENANTS WHICH PROTECT HISTORIC BUILDINGS IN THE CITY AND OUTLYING AREAS AS WELL AS 1,991 ACRES OF OPEN LAND OF HISTORIC SIGNIFICANCE. PROPERTIES PROTECTED BY EASEMENTS AND COVENANTS HELD BY HCF ARE AS DIVERSE AS THE MAGNIFICENT WILLIAM GIBBES HOUSE IN CHARLESTON TO AULDBRASS NEAR BEAUFORT, SC, THE ONLY PLANTATION DESIGNED BY FRANK LLOYD WRIGHT. THROUGH ITS DEDICATED EASEMENTS MANAGER, THE FOUNDATION PROVIDES TECHNICAL OUTREACH TO ALL OF OUR EASEMENT AND COVENANT PROPERTY OWNERS, HELPING WITH APPROPRIATE CONSERVATION TECHNIQUES FOR ISSUES RANGING FROM BRICK REPOINTING TO WINDOW RESTORATION TO THE CLEANING OF ARCHITECTURAL STONE.HISTORIC CHARLESTON FOUNDATION HAS A VERY ACTIVE ADVOCACY ARM THAT WORKS ON PRESERVATION AND DEVELOPMENT ISSUES ACROSS THE CITY OF CHARLESTON. THE PRESERVATION DEPARTMENT ATTENDS WEEKLY ZONING AND DESIGN REVIEW HEARINGS TO PROVIDE OUR POSITION ON PROJECTS AND MEETS REGULARLY WITH PROPERTY OWNERS, DEVELOPERS, AND ARCHITECTS TO REVIEW THEIR PROPOSED PROJECTS AND PROVIDE INPUT. SPECIAL PROJECTS INCLUDE RESEARCH AND DOCUMENTATION OF HISTORIC PROPERTIES, NATIONAL REGISTER NOMINATIONS, AND ASSISTING THE CITY WITH THE DEVELOPMENT OF NEW PRESERVATION POLICIES.IN 2007, HISTORIC CHARLESTON FOUNDATION URGED THE CITY TO UNDERTAKE THE DEVELOPMENT OF A NEW PRESERVATION PLAN AND DONATED $75,000 TO BEGIN THE PROCESS AS A PART OF THE FOUNDATION'S 60TH ANNIVERSARY CELEBRATION. RECOMMENDATIONS ADDRESS MYRIAD ISSUES PRESENTED BY THE COMMUNITY INCLUDING LAND USE AND ZONING, PUBLIC EDUCATION OF PRESERVATION ISSUES, A DETAILED ANALYSIS OF HISTORIC NEIGHBORHOODS, AFFORDABLE HOUSING, TRANSPORTATION, AND THE DESIGN REVIEW PROCESS.MORE RECENTLY, HCF HAS FUNDED AND DEVELOPED A CASE STUDY WITH THE SUSTAINABILITY INSTITUTE OF SOUTH CAROLINA TO UNDERSTAND THE ENERGY EFFICIENCY ISSUE WITH HISTORIC BUILDINGS IN CHARLESTON. THROUGH THIS PROJECT, ENERGY AUDITS WERE CONDUCTED ON SEVERAL HISTORIC PROPERTIES (INCLUDING HCF PROPERTIES) WHICH DETERMINED PATTERNS IN HOW HISTORIC BUILDINGS THERMALLY PERFORM IN OUR COASTAL ENVIRONMENT. THIS IMPORTANT CASE STUDY WILL HELP HCF FORMULATE A SET OF GREEN GUIDELINES THAT WILL HELP HISTORIC PROPERTY OWNERS TO INCREASE THE ENERGY EFFICIENCY OF THEIR HISTORIC BUILDINGS IN THE MOST COMPATIBLE MANNER. 782660 1267475 PUBLIC PROGRAMS - AS PART OF HCF'S MISSION TO EDUCATE THE PUBLIC ABOUT THE BENEFITS OF HISTORIC PRESERVATION, THE FOUNDATION PROVIDES TWO SPRING EVENTS WHICH ALLOW VISITORS TO LEARN ABOUT AND VISIT THE CITY'S FINEST HISTORIC PRIVATE HOUSES AND GARDENS, AS WELL AS STUDY AND/OR PURCHASE SOME OF THE NATION'S MOST IMPRESSIVE ANTIQUES. THE CHARLESTON INTERNATIONAL ANTIQUES SHOW TAKES PLACE DURING THE FIRST WEEKEND OF THE FOUNDATION'S LONG RENOWNED ANNUAL SPRING FESTIVAL OF HOUSES AND GARDENS, WHICH RUNS MID-MARCH TO MID-APRIL. THE SPRING FESTIVAL IS AN AWARD-WINNING SERIES OF HERITAGE TOURS AND EDUCATIONAL SESSIONS WHICH IN 2012 PROVIDED A RARE OPPORTUNITY FOR 17,178 VISITORS TO ENJOY BEHIND-THE-SCENES PEEKS AT SOME OF THE MOST MAGNIFICENT PRIVATE INTERIORS AND GARDENS IN ORDER TO LEARN MORE ABOUT CHARLESTON'S OLD AND HISTORIC DISTRICT, AN AREA CELEBRATED FOR ITS HISTORY AND ARCHITECTURE DATING FROM THE 18TH CENTURY. THE FESTIVAL COORDINATES THE EFFORTS OF NEARLY 150 HOMEOWNERS WHO HAVE GRANTED HCF THE PRIVILEGE OF SHARING THEIR PROPERTIES, AND MORE THAN 650 COMMUNITY VOLUNTEERS WHO MAKE THESE TOURS POSSIBLE. PROCEEDS FROM THE FESTIVAL SUPPORT PRESERVATION PROGRAMS THROUGHOUT CHARLESTON AND ITS HISTORIC ENVIRONS.ESTABLISHED IN 2004, THE CHARLESTON ANTIQUES SHOW HAS QUICKLY ESTABLISHED ITSELF AS A PREMIER DESTINATION FOR SEASONED COLLECTORS AS WELL AS THOSE WHO ENJOY SEEING AND LEARNING ABOUT THE DECORATIVE ARTS. MORE THAN 30 NATIONALLY RENOWNED DEALERS FEATURE A DIVERSE RANGE OF ANTIQUES FROM THE 17TH TO EARLY 20TH CENTURY, INCLUDING AMERICAN, ASIAN AND EUROPEAN FURNITURE, SILVER AND PORCELAIN, TEXTILES, CERAMICS, VINTAGE JEWELRY AND CLOTHING, AND GARDEN FURNITURE. MORE THAN 1,970 VISITORS IN 2012 ENJOYED LEARNING ABOUT ANTIQUES AND COLLECTING THROUGH EDUCATIONAL PROGRAMS AND EXCLUSIVE BEHIND-THE-SCENES TOURS WITH EXPERTS. 1209038 708996 MUSEUMS - HCF FULFILLS ITS EDUCATIONAL MISSION THROUGH THE INTERPRETATION OF ITS COLLECTIONS AND TWO OUTSTANDING MUSEUM HOUSES: THE NATHANIEL RUSSELL HOUSE, C. 1808, AT 51 MEETING STREET, ONE OF AMERICA'S MOST SIGNIFICANT NEOCLASSICAL FEDERAL TOWNHOUSES; AND THE AIKEN-RHETT HOUSE, C. 1820, AT 48 ELIZABETH STREET, WHERE VISITORS CAN STEP BACK IN TIME TO EXPERIENCE LIFE IN ANTEBELLUM CHARLESTON. MORE THAN 85,900 VISITORS TOURED THE MUSEUM PROPERTIES IN 2012.HISTORIC CHARLESTON FOUNDATION PURCHASED THE NATHANIEL RUSSELL HOUSE, C. 1808, A NATIONAL HISTORIC LANDMARK, IN 1955. VISITORS CONTINUE TO ADMIRE THE GRAND FEDERAL-STYLE TOWNHOUSE OF PROMINENT MERCHANT NATHANIEL RUSSELL. COMPLETED IN 1808 WHEN RUSSELL WAS 70 YEARS OLD, THE LAVISHLY ORNAMENTED HOUSE SERVES AS A TESTAMENT TO THE GREAT WEALTH HE ACCUMULATED OVER HIS DISTINGUISHED LIFETIME. THEN AS NOW THE RUSSELL HOUSE IS CONSIDERED TO BE AMONG THE FINEST DWELLINGS IN CHARLESTON. THE HOUSE ALSO STANDS IN CONTRAST TO OTHER CONTEMPORARY CHARLESTON RESIDENCES WITH A UNIQUE GEOMETRIC FLOOR PLAN AND FINE ARCHITECTURAL DETAILING. THE INTERIOR BOASTS A SPACIOUS RECEPTION ROOM WITH INTRICATE GLAZED DOORS, AN ELEGANT FREE-FLYING STAIRCASE, AND ELABORATE TROMPE-L'OEIL DECORATION FROM THE FIRST TO THE THIRD FLOORS. PAINSTAKINGLY RESTORED TO ITS 1808 APPEARANCE, THE RUSSELL HOUSE ALSO SERVES AS THE IDEAL EXHIBITION SPACE FOR HCF'S OUTSTANDING COLLECTION OF FINE AND DECORATIVE ARTS. ALSO OPERATED AS A MUSEUM HOUSE IS THE AIKEN-RHETT HOUSE, C. 1820, BUILT BY JOHN ROBINSON AND GREATLY EXPANDED BY GOVERNOR AND MRS. WILLIAM AIKEN JR. IN THE 1830'S. THE PROPERTY, WHICH REMAINED IN THE FAMILY UNTIL 1975, HAS SURVIVED AS A UNIQUE TIME CAPSULE, VIRTUALLY UNALTERED SINCE 1858. ORIGINAL DEPENDENCIES INCLUDE THE KITCHEN, SLAVES' QUARTERS, STABLE, COACH HOUSE AND PRIVIES. TOGETHER WITH THE MAIN HOUSE THESE STRUCTURES COMBINE TO FORM A RARE AND UNIQUE 19TH CENTURY URBAN COMPLEX. THE BUILDINGS AND THE ARTIFACTS WITHIN THEM POIGNANTLY ILLUSTRATE THE CONNECTIONS AMONG ALL MEMBERS OF THE HOUSEHOLD, THOSE WHO LIVED IN THE MAIN HOUSE AS WELL AS THOSE WHO LIVED AND WORKED AS ENSLAVED AFRICAN-AMERICANS ON THE PROPERTY. HISTORIC CHARLESTON FOUNDATION HAS ADOPTED A UNIQUE APPROACH TO ITS STEWARDSHIP OF THE HOUSE. THANKS IN GREAT PART TO A PRESTIGIOUS SAVE AMERICA'S TREASURES GRANT, HCF HAS RESTORED AND THUS PROTECTED THE BUILDING'S EXTERIOR TO ITS 1858-1860 APPEARANCE. THE PRESERVATION PLAN FOR THE ORIGINAL HISTORIC INTERIOR IS STABILIZATION AND CONSERVATION. THIS RARE APPROACH ENABLES THE INTERPRETATION OF THE HOUSE'S CONTINUED HABITATION AND ITS CHANGES OVER TIME AS NEW TECHNOLOGIES, SUCH AS GAS LIGHTING AND ELECTRICITY WERE ADOPTED. THE PERIOD FINISHES, SUCH AS ORIGINAL 19TH CENTURY WALLPAPERS, ALONE MAKE THE AIKEN-RHETT SITE ONE OF THE NATION'S MOST IMPORTANT HOUSE MUSEUMS, AND THE INTACT DECORATIVE LAYERS HELP US BETTER UNDERSTAND NINETEENTH-CENTURY CONCEPTIONS OF REFINEMENT, PATTERNS OF CONSUMPTION AND DECORATIVE PREFERENCES IN THE CAROLINA LOWCOUNTRY.UNLIKE THE NATHANIEL RUSSELL HOUSE MUSEUM, THE MAJORITY OF OBJECTS EXHIBITED WITHIN THE HOUSE ARE ORIGINAL TO THE SITE. MUCH OF THE COLLECTION CURRENTLY ON DISPLAY IN THE AIKEN-RHETT HOUSE WAS PURCHASED BY GOV. AIKEN AND HIS WIFE, HARRIET LOWNDES AIKEN. DURING THEIR RESIDENCY, THE HOUSE WENT THROUGH SEVERAL DECORATIVE PERIODS AS THE COUPLE KEPT CURRENT WITH THE LATEST FASHIONS. WHILE THE MAJORITY OF THE FURNISHINGS IN THE HOUSE WERE IN THE PLAIN GRECIAN STYLE, GOTHIC-INSPIRED AND ROCOCO REVIVAL OBJECTS WERE ACQUIRED AND ADDED TO THEIR COLLECTION OVER TIME. 940400 1294841 RETAIL/LICENSED PRODUCTS - HISTORIC CHARLESTON FOUNDATION BEGAN ITS LICENSED PRODUCTS PROGRAM IN 1972 AS AN INNOVATIVE WAY TO EXTEND THE FOUNDATION'S RESTORATION AND PRESERVATION EFFORTS BEYOND HISTORIC ARCHITECTURE AND INTERIORS TO CHARLESTON'S MATERIAL CULTURE AS WELL. THE PROGRAM STRIVES TO KEEP CHARLESTON DESIGNS ALIVE AND MAKE THOSE DESIGNS AVAILABLE TO A BROAD AUDIENCE. ITEMS SELECTED FOR INCLUSION ARE THOSE WHOSE ORIGINS ARE STEEPED IN CHARLESTON'S HISTORY, CULTURE, DECORATIVE ARTS AND ARCHITECTURE.THE LICENSED PRODUCTS OF HISTORIC CHARLESTON FOUNDATION RANGE FROM FURNITURE, CHINA, MIRRORS, JEWELRY, PORCELAIN, AND DECORATIVE ACCESSORIES TO HISTORIC PAINT COLORS. MANY OF THE ORIGINAL OBJECTS, WHICH ARE REPRODUCED OR ARE USED FOR INSPIRATION, MAY BE SEEN IN THE HISTORIC MUSEUM HOUSE COLLECTIONS OF HISTORIC CHARLESTON FOUNDATION AND OTHER MUSEUM COLLECTIONS IN CHARLESTON.THE SHOPS OF HISTORIC CHARLESTON FOUNDATION SHOWCASE THE LICENSED PRODUCTS OF THE FOUNDATION AS WELL AS AN EXTENSIVE SELECTION OF BOOKS ON CHARLESTON HISTORY, ARCHITECTURE, GARDENS AND CULTURE. WITHIN THE SHOPS OF HISTORIC CHARLESTON FOUNDATION IS THE FRANCES R. EDMUNDS BOOKSTORE, PROVIDING THE MOST COMPREHENSIVE SELECTION OF BOOKS ON CHARLESTON AND LOWCOUNTRY HISTORY IN THE CITY. IN ADDITION, THE SHOPS INCLUDE A WIDE RANGE OF DECORATIVE ARTS AND GIFT ITEMS, INCLUDING CHINA, JEWELRY, FORMAL, CASUAL AND GARDEN FURNITURE, LAMPS, MIRRORS AND A PALETTE OF HISTORICAL PAINT COLORS INSPIRED BY RESIDENCES IN CHARLESTON'S OLD & HISTORIC DISTRICT, AS WELL AS THE RURAL LOWCOUNTRY SEA ISLANDS. 940400 1294841 3481114 1 1 0 1 0 0 1 1 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 25 0 1 116 1 0 0 0 0 0 1 1 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X X CYNTHIA ELLIS 8437201193 40 EAST BAY STREET CHARLESTON SC 29401 WE APPLEGATE III 1.00 X 0 0 0 ROBERT L CLEMENT III 1.00 X 0 0 0 WILLIAM S COGSWELL 1.00 X 0 0 0 SARAH L DONNEM 1.00 X 0 0 0 SUSAN T FRIBERG 1.00 X 0 0 0 HELEN L GEER 1.00 X 0 0 0 DWAYNE M GREEN 1.00 X 0 0 0 JOHN P BARNWELL 1.00 X 0 0 0 WILBUR E JOHNSON 1.00 X 0 0 0 BARRY KALINSKY 1.00 X 0 0 0 VIRGINIA D LANE 1.00 X 0 0 0 LAURA D GATES 1.00 X 0 0 0 ANNE H BLESSING 1.00 X 0 0 0 DOUGLAS B LEE 1.00 X 0 0 0 MADELEINE S MCGEE 1.00 X 0 0 0 RHETTA A MENDELSOHN 1.00 X 0 0 0 DAVID B HOFFMAN 1.00 X 0 0 0 SHANNON W RAVENEL 1.00 X 0 0 0 W CRAYTON WALTERS III 1.00 X 0 0 0 CHARLOTTE MC WILLIAMS 1.00 X 0 0 0 CLAIRE B ALLEN 1.00 X 0 0 0 ZOE L RYAN 1.00 X 0 0 0 DAVID MAYBANK III 1.00 X 0 0 0 D VAN SMITH JR 1.00 X 0 0 0 MONICA M SEEGER 1.00 X 0 0 0 SUSAN P PARSELL 4.00 X 0 0 0 ANNE F SMITH 4.00 X 0 0 0 PARK B SMITH JR 4.00 X 0 0 0 W FOSTER GAILLARD 4.00 X 0 0 0 KATHARINE S ROBINSON 35.00 X 154915 0 13600 154915 0 13600 1 0 1 0 0 777388 174119 777388 MUSEUM ADMISSIONS 712110 708996 708996 FESTIVAL OF HOUSES 561520 591405 591405 SPECIAL TOURS/TRAV 712120 306991 306991 SPONSORSHIP INCOME 712120 246560 246560 ROYALTIES 712110 98762 98762 117177 117177 2069891 215597 215597 296013 215954 3813 80059 -3813 76246 76246 2489039 1292960 1196079 1196079 MISCELLANEOUS INCO 900099 5342 5342 5342 4340543 3271312 0 291843 X 154915 116186 38729 1568579 1321105 96879 150595 48217 41071 5478 1668 126263 104029 11030 11204 110894 83306 21299 6289 82334 81530 704 100 65727 46329 11339 8059 18992 18992 143328 133435 6681 3212 268685 200550 5943 62192 57994 54433 3179 382 259184 219884 34599 4701 334420 280758 28835 24827 REPAIRS & MAINTENANCE 137562 128952 5646 2964 CREDIT CARD 117356 113523 3833 COMPUTER SERVICES 88503 63750 10363 14390 SPECIAL EVENTS 77133 69333 3223 4577 453702 403948 31631 18123 4113788 3481114 315558 317116 4328845 4175610 4788 2375 32229 46211 1200000 1200000 467912 498752 167340 173419 7629703 3213477 4499460 4416226 6137449 6820450 4267526 4785481 21105549 22118524 191004 481504 200078 251305 1467656 1173587 1858738 1906396 X 16632887 17675908 1569509 1482412 1044415 1053808 19246811 20212128 21105549 22118524 226755 693871 44691 0 X X 0 1 X 1 0 X 685213 795526 821232 737812 822079 3861862 3569294 2544037 3447024 2169877 2069891 13800123 4254507 3339563 4268256 2907689 2891970 17661985 153356 161967 142515 134622 592460 155876 148090 9686 43276 100371 457299 155876 301446 171653 185791 234993 1049759 16612226 185638 125207 158515 196853 215597 881810 185638 125207 158515 196853 215597 881810 23262 48320 4652 15682 5342 97258 4463407 3513090 4431423 3120224 3112909 18641053 0.89120 0.90120 0.04730 0.04470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7532 7532 4113788 4121320 356066 89017 0 0 298320 332844 353760 356066 1340990 2011485 4879 7093 5920 7532 25424 74580 83211 88440 89017 335248 502872 5920 7532 13452 X X 241 1991.00 237 42 1 1 2305.00 61976 1 144222 4369047 X X X 0 6119751 9393 910837 256569 6783412 6320610 256485 -226153 231191 6119751 5900489 23550 644588 248017 6320610 4803881 38423 1338461 280276 5900489 7156564 184143 -2098716 438110 4803881 0.73230 0.15540 0.11230 0 0 755029 755029 6262568 3213477 3049091 612106 612106 4416226 HISTORIC PROPERTY AND COLLECTIONS 4369047 CONSTRUCTION IN PROGRESS 416434 4785481 X 5079105 693871 44691 738562 4340543 0 4340543 4113788 0 4113788 0 4113788 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: ORGANIZATION DOES NOT REPORT CONSERVATION EASEMENTS ON REVENUE/EXPENSE STATEMENT AS IT HAS NO FINANCIAL INTEREST IN EASEMENTS. PART III, LINE 4: HISTORIC CHARLESTON'S EFFORTS TO PRESERVE CHARLESTON'S MATERIAL CULTURE AS WELL AS ITS 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 ARTIFACTS INCLUDING ARCHITECTURAL ELEMENTS, BOOKS, CERAMICS, GLASS, FURNITURE, MANUSCRIPTS, METALWORK, PAINTINGS, PHOTOGRAPHY, SCULPTURES, TEXTILES, AND WORKS OF ART ON PAPER. MANY OF THE KEY DECORATIVE AND FINE ART HOLDINGS HAVE LOCAL PROVENANCES AND WERE MADE IN THE LOWCOUNTRY. THE EARLY COLLECTION DOCUMENTS CHARLESTON'S TRANSFORMATION FROM COLONIAL OUTPOST TO GRAND COSMOPOLITAN CITY. HCF'S NINETEENTH-CENTURY ARTIFACTS, INCLUDING THE AIKEN-RHETT FAMILY COLLECTION, ENABLE THE FOUNDATION TO ALSO TELL THE STORY OF ANTEBELLUM AND POST-CIVIL WAR CHARLESTON. ACQUIRING AND INTERPRETING THE COLLECTION IS ONE OF THE MANY WAYS HCF ACTIVELY PRESERVES THE CITY'S RICH CULTURAL HERITAGE. HCF REMAINS DEDICATED TO SECURING NOTABLE EXAMPLES OF DECORATIVE AND FINE ART. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THERE ARE A NUMBER OF DONOR RESTRICTED ENDOWMENT FUNDS TO SUPPORT VARIOUS PRESERVATION INITIATIVES INCLUDING REVOLVING FUND PROPERTIES, NATHANIEL RUSSELL HOUSE AND GARDEN, EASEMENT PROJECTS, STAFF SUPPORT, AWARDS, PROFESSIONAL DEVELOPMENT OF STAFF AND SPECIFIC PROJECTS LIKE DRAYTON HALL/ORAL HISTORY AND CRAFTS TRAINING PROJECT. THERE ARE SEVERAL ENDOWMENT FUNDS FOR UNRESTRICTED SUPPORT. THERE IS ALSO A LARGE QUASI ENDOWMENT FUND TO PROVIDE ONGOING OPERATING FUNDS FOR HCF. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS EVALUATED THE EFFECT OF GAAP GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT FOUNDATION AND HAD NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2012. 1 X 0 0 0 0 0 0 0 0 0 KATHARINE S ROBINSON 154915 0 0 0 0 0 0 0 13600 0 168515 0 0 0 GEORGE ROBERTS DIRECTOR OF PHILANTHROPY 10602 PURCHASED MERCHANDISE FROM THE DIRECTOR'S COMPANY. MERCHANDISE RELATIONSHIP EXISTED PRIOR TO EMPLOYMENT AND WAS DISCLOSED AND APPROVED BY BOARD. 0 X 1927 FMV DETERMINED BY APPRAI X 552 FMV DETERMINED BY DONOR X 14 142295 APPRAISALS FROM DONORS X 42 0 NO VALUE GIVEN BY DONOR X HISTORIC MARRIAGE CERTIFICATE 1 0 FMV DETERMINED BY DONOR X CONSERVATION SERVICES 1 4000 FMV DETERMINED BY DONOR X LEGAL SERVICES 2 968 FMV DETERMINED BY DONOR X LANDSCAPING SERVICES 1 1900 FMV DETERMINED BY DONOR X CATERING SERVICES 8 22891 FMV DETERMINED BY DONOR X SILENT AUCTION ITEMS/SERVICES 26 8877 FMV DETERMINED BY DONOR X PARKING 1 4000 FMV DETERMINED BY DONOR X ADVERTISING 1 6000 FMV DETERMINED BY DONOR X RENTALS EVENTS 1 550 FMV DETERMINED BY DONOR X BOOKS/PUBLICATIONS/PHOTOCOPIES 41 0 NO VALUE GIVEN BY DONOR X ORGANIZATIONAL ASSESSMENT 1 5000 FMV DETERMINED BY DONOR X LIGHTING- EVENT 3 1850 FMV DETERMINED BY DONOR X HOTEL ROOMS 19 5000 FMV DETERMINED BY DONOR X ARCHITECTURAL FEES 2 7248 FMV DETERMINED BY DONOR X INVITATIONS/CALLIGRAPHY 2 4326 FMV DETERMINED BY DONOR X FLOWERS 2 552 FMV DETERMINED BY DONOR X PHOTOGRAPHY SERVICES 1 550 FMV DETERMINED BY DONOR X SCANNING 1 325 FMV DETERMINED BY DONOR 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: LINE #24 - 39 SECTIONS WAINSOTING & 3 DOOR SURROUNDS WERE DONATED TO THE STUDY COLLECTION MUSEUM WITH NO VALUE BY DONOR. LINE #27 - 41 BOOKS & PUBLICATIONS, -MATERIALS WERE DONATED WITHOUT VALUES BY DONORS TO ARCHIVE. COLLECTION IS USED BY RESEARCHERS WHO STUDY HISTORIC PRESERVATION, ARCHITECTURE AND LOCAL HISTORY. FORM 990, PART VI, SECTION B, LINE 11 FOLLOWING THE ACCEPTANCE OF THE FINAL AUDIT REPORT, THE INDEPENDENT AUDITORS PREPARE THE 990, USING INFORMATION PROVIDED BY THE DIRECTOR OF FINANCE, PRESIDENT/CEO AND OTHER MEMBERS OF THE MANAGEMENT TEAM. THE DRAFT OF THE 990 IS SUBMITTED TO THE DIRECTOR OF FINANCE AND PRESIDENT/CEO WHO REVIEW ALL OF THE DOCUMENTS FOR ACCURACY AND TIE THE NUMBERS BACK TO THE AUDITED FINANCIAL STATEMENTS. ONCE THE DRAFT HAS BEEN REVIEWED, THE 990 IS SENT TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES BY MAIL OR EMAIL, REQUESTING MEMBERS REVIEW THOROUGHLY AND CONTACT THE DIRECTOR OF FINANCE WITH ANY QUESTIONS. THE 990 IS SUBMITTED TO THE FINANCE COMMITTEE FOR FINAL REVIEW FOR APPROVAL BEFORE SUBMITTING TO THE IRS, GENERALLY IN THE 7TH MONTH OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD ROUTINELY RECUSE THEMSELVES FROM DISCUSSIONS AND/OR VOTING ON ISSUES WHERE THEY MAY HAVE A CONFLICT OF INTEREST EITHER BECAUSE THEY ARE DIRECTLY INVOLVED WITH AN ISSUE OR THEIR COMPANY MAY BE INVOLVED WITH AN ISSUE. THE CHAIR AND THE CHAIRS OF THE BOARD COMMITTEES WILL ASK ANY MEMBER WHO MAY HAVE A CONFLICT OF INTEREST TO RECUSE THEMSELVES FROM DISCUSSIONS AND/OR VOTING ON THOSE ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE IN EXECUTIVE SESSIONS REVIEWS THE COMPENSATION OF THE PRESIDENT/CEO TAKING INTO ACCOUNT COMPARABLE SALARIES WITHIN A VARIETY OF SECTORS IN CHARLESTON AND THE BUDGET LIMITATIONS APPROVED FOR THE UPCOMING YEAR BY THE BOARD OF TRUSTEES. THE PRESIDENT/CEO REVIEWS THE COMPENSATION OF OTHER EMPLOYEES TAKING INTO ACCOUNT COMPARABLE SALARIES WITHIN A VARIETY OF SECTORS IN CHARLESTON AND THE BUDGET LIMITATIONS APPROVED FOR THE UPCOMING YEAR BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART IX, LINE 24E MAINTENANCE OF COLLECTION: PROGRAM SERVICE EXPENSES 71,362. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,362. PRINTING: PROGRAM SERVICE EXPENSES 54,529. MANAGEMENT AND GENERAL EXPENSES 1,163. FUNDRAISING EXPENSES 4,923. TOTAL EXPENSES 60,615. TELEPHONE: PROGRAM SERVICE EXPENSES 39,884. MANAGEMENT AND GENERAL EXPENSES 7,757. FUNDRAISING EXPENSES 2,399. TOTAL EXPENSES 50,040. SPECIAL TOURS: PROGRAM SERVICE EXPENSES 35,333. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,333. ENHANCEMENT: PROGRAM SERVICE EXPENSES 29,802. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,802. SHIPPING FEES: PROGRAM SERVICE EXPENSES 26,158. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,158. PACKING/SUPPLIES: PROGRAM SERVICE EXPENSES 20,076. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,076. MUSEUM GRANTS: ARH FEASIBILITY STUDY: PROGRAM SERVICE EXPENSES 17,741. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,741. PROMOTION/BROCHURES/DESIGN: PROGRAM SERVICE EXPENSES 15,237. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,237. TRAINING-STAFF/TRUSTEES: PROGRAM SERVICE EXPENSES 12,677. MANAGEMENT AND GENERAL EXPENSES 334. FUNDRAISING EXPENSES 574. TOTAL EXPENSES 13,585. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 3,795. MANAGEMENT AND GENERAL EXPENSES 6,768. FUNDRAISING EXPENSES 1,101. TOTAL EXPENSES 11,664. INTERPRETIVE PROGRAM: PROGRAM SERVICE EXPENSES 11,178. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,178. CONTRIBUTIONS: PROGRAM SERVICE EXPENSES 83. MANAGEMENT AND GENERAL EXPENSES 10,305. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,388. MUSEUM GRANTS: NRH SLAVERY: PROGRAM SERVICE EXPENSES 10,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. GROUNDS MAINTENANCE: PROGRAM SERVICE EXPENSES 8,589. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,589. INTERN PROGRAM: PROGRAM SERVICE EXPENSES 8,198. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,198. NEW PRODUCT DEVELOPMENT: PROGRAM SERVICE EXPENSES 7,576. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,576. PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 5,732. MANAGEMENT AND GENERAL EXPENSES 1,104. FUNDRAISING EXPENSES 522. TOTAL EXPENSES 7,358. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 2,911. MANAGEMENT AND GENERAL EXPENSES 2,021. FUNDRAISING EXPENSES 1,955. TOTAL EXPENSES 6,887. TOUR SUPPLIES: PROGRAM SERVICE EXPENSES 5,895. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,895. ALARM & PATROL: PROGRAM SERVICE EXPENSES 4,896. MANAGEMENT AND GENERAL EXPENSES 556. FUNDRAISING EXPENSES 46. TOTAL EXPENSES 5,498. FRIENDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 3,411. TOTAL EXPENSES 3,411. UNCOLLECTIVE/BAD DEBT: PROGRAM SERVICE EXPENSES 70. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 3,157. TOTAL EXPENSES 3,227. PARKING: PROGRAM SERVICE EXPENSES 3,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,175. COORDINATORS: PROGRAM SERVICE EXPENSES 2,665. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,665. BANK CHARGES: PROGRAM SERVICE EXPENSES 781. MANAGEMENT AND GENERAL EXPENSES 997. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,778. TICKETS: PROGRAM SERVICE EXPENSES 1,263. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,263. ARCHIVE SUPPLIES: PROGRAM SERVICE EXPENSES 943. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 943. SEMINAR PROG: PROGRAM SERVICE EXPENSES 787. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 787. RESEARCH/EASEMENT PROJECTS: PROGRAM SERVICE EXPENSES 600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 600. SUPPLIES - HOUSEHOLD: PROGRAM SERVICE EXPENSES 599. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 599. PHOTO: PROGRAM SERVICE EXPENSES 595. MANAGEMENT AND GENERAL EXPENSES 1. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 596. AUTO EXPENSE: PROGRAM SERVICE EXPENSES 379. MANAGEMENT AND GENERAL EXPENSES 92. FUNDRAISING EXPENSES 35. TOTAL EXPENSES 506. ARCHAEOLOGICAL PROJECT: PROGRAM SERVICE EXPENSES 400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 400. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 290. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 290. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 191. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 191. LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 39. MANAGEMENT AND GENERAL EXPENSES 52. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91. FORM 990, PAGE 3, PART IV, LINE 2C THE PROCESS HAS NOT CHANGED