The City of Isle of Palms is accepting applications for its ATAX Grant Program.
Donor Name: City of Isle of Palms
State: South Carolina
City: Isle of Palms
Type of Grant: Grant
Deadline: 09/20/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
City of Isle of Palms ATAX grants are required to be used for the designed and sole purpose of promoting local community tourism and tourism related activities in accordance with State of South Carolina law.
South Carolina law allows for a 2% tax levy on the rental of all transient accommodations to help provide financial support to promote tourism and fund tourism-related activities in municipalities and counties within the state. Individuals staying overnight in hotels, motels, inns, and vacation rentals pay 2% in addition to the statewide sales tax and any local sales and use tax applied to their lodging cost. State law establishes that funds from accommodations taxes must be used to attract and provide for tourists and must be spent on tourism-related expenditures.
Funding Information
The fund has $15,000 available for eligible applications.
Eligible Projects
Eligible projects include advertising and promotion, promotion of arts and cultural events for the attraction of tourists, construction, maintenance, and operations of facilities for civic and cultural events, public facilities, and visitor centers.
Eligibility Requirements
- Applicant organizations are normally expected to have been in existence for at least one year prior to requests for ATAX grant funding.
- Except as otherwise allowed by law, applicants must provide proof of non-profit status and fall under one of the following categories:
- Organizations exempt from federal income tax under Section 501 (C) (3) of the Internal Revenue Code and whose primary goal is to attract additional visitors through tourism promotion.
- Destination Marketing Organizations, which are recognized non-profit organizations charged with the responsibility of marketing tourism for specific municipalities, counties or regions.
- City of Isle of Palms organizational departments which do not otherwise have to meet Section 501 ©(3), et. seq. mandates, provided they may meet other requirements relative to benefiting tourists and/or promoting tourism within the City of Isle of Palms.
For more information, visit City of Isle of Palms.
