The Charleston-based Coastal Community Foundation has extended its grantmaking reach to the Grand Strand by forming a new affiliation with a Murrells Inlet nonprofit.
The Waccamaw Community Foundation serves Georgetown and Horry counties. It has assets of $29 million held in 120 individual funds and endowments.
“Now when we say we serve coastal South Carolina, this partnership means we serve all of coastal South Carolina,” said Richard Hendry, interim CEO of Coastal Community Foundation. “Working together with Waccamaw Community Foundation, we look forward to building on their 16 years of experience to increase the philanthropic impact of donors in Georgetown and Horry counties.”
The Waccamaw group will maintain its existing office to support local grantmaking and donor services.
The new partnership brings the total assets under the umbrella of Coastal Community Foundation and its affiliates to $220 million. It also expands the group’s presence to nine South Carolina counties from eight.
“Partnering with Coastal Community Foundation through this affiliation strengthens both of our work,” said David Bishop, board chair of Waccamaw Community Foundation. “It gives us access to new community networks and institutional knowledge that will help us work together to connect donors to the causes they care about.”