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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. Total assets have grown from $7M in 2019 to $24.5M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Mackenzie Iversen | DIRECTOR | $0 | $0 | N/A |
| Bonnie Iversen | VICE-PRESIDENT | $0 | $0 | N/A |
| Chloe Iversen | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$24.5M
Fair Market Value
N/A
Net Worth
$24.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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