Arkwright Foundation is a private corporation based in SPARTANBURG, SC. The foundation received its IRS ruling in 1949. It holds total assets of $16.8M. Annual income is reported at $2.9M. According to available records, Arkwright Foundation has made 574 grants totaling $5M, with a median grant of $2K. Annual giving has grown from $670K in 2020 to $1M in 2023. Grantmaking activity was highest in 2022 with $2M distributed across 194 grants. Individual grants have ranged from $50 to $285K, with an average award of $9K. The foundation has supported 138 unique organizations. The foundation primarily supports organizations in South Carolina, Maine, North Carolina, which account for 91% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Arkwright Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 574 grants. Its grantmaking reaches organizations primarily in SC, ME, NC.
Arkwright Foundation has distributed a total of $5M across 574 grants. The median grant size is $2K, with an average of $9K. Individual grants have ranged from $50 to $285K.
MUST BE CHARITABLE ORGANIZATION.
Arkwright Foundation is headquartered in SPARTANBURG, SC. While based in SC, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ml Cates Sr | CHAIRMAN | $0 | $0 | $0 |
| Walter S Montgomery Jr | VICE CHAIRMAN | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$16.1M
Fair Market Value
$19.2M
Net Worth
$16.1M
Grants Paid
$1M
Contributions
$0
Net Investment Income
$518K
Distribution Amount
$908K
Total: $11.2M
Total Grants
574
Total Giving
$5M
Average Grant
$9K
Median Grant
$2K
Unique Recipients
138
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spartanburg County FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $285K | 2023 |
| Spartanburg Methodist CollegeGENERAL OPERATING SUPPORT | Spartanburg, SC | $180K | 2023 |
| Healthy Smiles Of SpartanburgGENERAL OPERATING SUPPORT | Spartanburg, SC | $137K | 2023 |
| Episcopal Church Of The AdventGENERAL OPERATING SUPPORT | Spartanburg, SC | $116K | 2023 |
| Hummingbird FarmGENERAL OPERATING SUPPORT | Turner, ME | $40K |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC
| 2023 |
| Converse CollegeGENERAL OPERATING SUPPORT | Spartanburg, SC | $18K | 2023 |
| Total MinistriesGENERAL OPERATING SUPPORT | Spartanburg, SC | $15K | 2023 |
| United Way Of The PiedmontGENERAL OPERATING SUPPORT | Gaffney, SC | $14K | 2023 |
| Cancer Association Of Spartanburg & CherokeeGENERAL OPERATING SUPPORT | Spartanburg, SC | $13K | 2023 |
| Ballet SpartanburgGENERAL OPERATING SUPPORT | Spartanburg, SC | $13K | 2023 |
| Wofford CollegeGENERAL OPERATING SUPPORT | Spartanburg, SC | $11K | 2023 |
| Warriors Once AgainGENERAL OPERATING SUPPORT | Spartanburg, SC | $10K | 2023 |
| Charles Lea Center FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $9K | 2023 |
| Spartanburg Regional FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $8K | 2023 |
| Spartanburg Community College FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $8K | 2023 |
| Spartanburg Day SchoolGENERAL OPERATING SUPPORT | Spartanburg, SC | $8K | 2023 |
| Favor Spartanburg CenterGENERAL OPERATING SUPPORT | Spartanburg, SC | $7K | 2023 |
| Usc UpstateGENERAL OPERATING SUPPORT | Spartanburg, SC | $6K | 2023 |
| Goforth RecoveryGENERAL OPERATING SUPPORT | Spartanburg, SC | $5K | 2023 |
| Christ Episcopal ChurchGENERAL OPERATING SUPPORT | Charlotte, NC | $5K | 2023 |
| Chapman Cutural CenterGENERAL OPERATING SUPPORT | Spartanburg, SC | $5K | 2023 |
| Lake Summit FoundationGENERAL OPERATING SUPPORT | Hendersonville, NC | $5K | 2023 |
| Make-A-Wish ScGENERAL OPERATING SUPPORT | Greenville, SC | $5K | 2023 |
| Southminster Community FundGENERAL OPERATING SUPPORT | Charlotte, NC | $5K | 2023 |
| Spartanburg Humane SocietyGENERAL OPERATING SUPPORT | Spartanburg, SC | $5K | 2023 |
| Pine Street School FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $5K | 2023 |
| The Cleveland Opportunity FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $5K | 2023 |
| Ruth'S GleaningsGENERAL OPERATING SUPPORT | Spartanburg, SC | $5K | 2023 |
| Spartanburg Philharmonic OrchestraGENERAL OPERATING SUPPORT | Spartanburg, SC | $4K | 2023 |
| Angels Charge MinistryGENERAL OPERATING SUPPORT | Spartanburg, SC | $4K | 2023 |
| Women Giving For SpartanburgGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Hope Center For ChildrenGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Kind Of The UpstateGENERAL OPERATING SUPPORT | Greenville, SC | $3K | 2023 |
| Children'S Advocacy CenterGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| St Paul United Methodist ChurchGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Saint Lukes Free Medical ClinicGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Sc School For Deaf And Blind FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Kids ClubsGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Roo CrewGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Emerge Family Therapy And Teaching ClinicGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| Spartanburg Soup KitchenGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| American Red CrossGENERAL OPERATING SUPPORT | Spartanburg, SC | $3K | 2023 |
| The Advent FoundationGENERAL OPERATING SUPPORT | Spartanburg, SC | $2K | 2023 |
| BirthmattersGENERAL OPERATING SUPPORT | Spartanburg, SC | $2K | 2023 |
| Sidewalk HopeGENERAL OPERATING SUPPORT | Spartanburg, SC | $2K | 2023 |
| Hub City Writers ProjectGENERAL OPERATING SUPPORT | Spartanburg, SC | $2K | 2023 |
| Spartanburg Art MuseumGENERAL OPERATING SUPPORT | Spartanburg, SC | $2K | 2023 |
| Nami SpartanburgGENERAL OPERATING SUPPORT | Spartanburg, SC | $2K | 2023 |
| The Bobby Chapman Junior InvitationalGENERAL OPERATING SUPPORT | Spartanburg, SC | $2K | 2023 |
| Harbor Historical AssociationGENERAL OPERATING SUPPORT | Georgetown, SC | $1K | 2023 |
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