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Iversen Family Foundation is a private corporation based in SIX MILE, SC. The foundation received its IRS ruling in 2019. It holds total assets of $24.5M. Annual income is reported at $22.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Iversen Family Foundation has made 3 grants totaling $1.8M, with a median grant of $830K. Annual giving has grown from $168K in 2020 to $1.7M in 2022. Individual grants have ranged from $168K to $830K, with an average award of $609K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in South Carolina and Florida. Contributions to this foundation are tax-deductible.
Iversen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in SC, FL.
Iversen Family Foundation has distributed a total of $1.8M across 3 grants. The median grant size is $830K, with an average of $609K. Individual grants have ranged from $168K to $830K.
Iversen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Iversen Family Foundation is headquartered in SIX MILE, SC. While based in SC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bernt G Iversen Ii | PRESIDENT, SECRETARY, TREASURER | $0 | $0 | $0 |
| Mackenzie Iversen | DIRECTOR | $0 | $0 | $0 |
| Bonnie Iversen | VICE-PRESIDENT | $0 | $0 | $0 |
| Chloe Iversen | DIRECTOR | $0 | $0 | $0 |
Total Giving
$1.2M
Total Assets
$18.7M
Fair Market Value
$19.5M
Net Worth
$18.7M
Grants Paid
$993K
Contributions
$84K
Net Investment Income
$265K
Distribution Amount
$972K
Total: $13M
Total Grants
3
Total Giving
$1.8M
Average Grant
$609K
Median Grant
$830K
Unique Recipients
2
Most Common Grant
$830K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Mill ChurchGENERAL OPERATING SUPPORT | Pickens, SC | $830K | 2022 |
| Mentor LeadersGENERAL OPERATING SUPPORT | Crawfordville, FL | $168K | 2020 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC
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