SPARTANBURG, SC

Mary Black Foundation Inc.

Quick Facts

EIN: 570843135
Location: SPARTANBURG, SC
Category: Philanthropy & Grantmaking
Total Assets: $87.1M
Annual Income: $7.5M
IRS Ruling Year: 1987
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Mary Black Foundation Inc. is a private corporation based in SPARTANBURG, SC. The foundation received its IRS ruling in 1987. It holds total assets of $87.1M. Annual income is reported at $7.5M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$6.3M

2023+24%

Total Assets

$85.7M

2023+3%

Fair Market Value

$86.1M

2023

Net Worth

$82.4M

2023

Grants Paid

$3.5M

2023

Contributions

$334K

2023

Net Investment Income

$1.7M

2023

Distribution Amount

$4M

2023

Total Giving by Year

$4.3M

$3.9M

$4.8M

$4.7M

$6M

$5.8M

$5.1M

$6.5M

$5M

$6.3M

Asset Growth

$69.9M

$74.9M

$81.8M

$80.5M

$75.9M

$83.1M

$86.6M

$91.1M

$83.3M

$85.7M

Investment Portfolio (2023)

Total: $0

Other Investments: $71.3M

Cash: $697K

Other Investments (99%)

Cash (1%)

Expense Breakdown (2023)

Grants Paid$3.5M

Officer Compensation$203K

Depreciation$186K

Pension & Benefits$174K

Occupancy$169K

Accounting Fees$34K

Travel & Conferences$29K

Printing & Publications$14K

Legal Fees$7K

Revenue Sources (2023)

Dividends: $2M
Contributions: $334K
Gross Rents: $208K
Other Income: $198K
Interest: $16K
Capital Gains (Net): $-231,281

Financial Details (2023)

Total Revenue: $2.5M
Total Expenses: $6.3M
Exempt Purpose Expenses: $4.6M
Required Distribution: $4M
Undistributed Income: $0
Grants Approved (Future): $3.4M
Total Liabilities: $3.3M
Excise Tax: $23K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$2.9M

Average Grant

$59K

Median Grant

$25K

Grant Range

Min$15K

Max$267K

Median: $25K

Smallest grantLargest grant

Geographic Distribution of Grants

OR: $15K (1)

NC: $52K (1)

SC: $2.9M (48)

SC$2.9M (48)

NC$52K (1)

OR$15K (1)

Past Grantees

Recipient	Location	Amount	Year
PalURBAN TRAILS SYSTEM	Spartanburg, SC	$267K	2020
Spartanburg County First StepsTHE FRANKLIN SCHOOL	Spartanburg, SC	$200K	2020
Institute For Child SuccessHELLO FAMILY CONTRACTING	Greenville, SC	$180K	2020
Spartanburg County First Steps2020 KEY PARTNER FUNDING	Spartanburg, SC	$166K	2020
Pal2020 KEY PARTNER FUNDING	Spartanburg, SC	$157K	2020
Institute For Child Success2020 KEY PARTNER FUNDING	Greenville, SC	$143K	2020
Spartanburg Area Mental Health CenterMENTAL HEALTH SERVICES FOR BLACK, INDIGENOUS AND PEOPLE OF COLOR: OUTREACH & COMMUNICATION	Spartanburg, SC	$139K	2020
Birthmatters2020 KEY PARTNER FUNDING	Spartanburg, SC	$121K	2020
Middle Tyger Community CenterMTCC CHILDCARE: PROMOTING A SUCCESSFUL START TO LIFE	Lyman, SC	$120K	2020
Emerge Family Therapy Center & Teaching ClinicMENTAL HEALTH SERVICES FOR BLACK, INDIGENOUS, AND PEOPLE OF COLOR: SERVICE PIPELINE DEVELOPMENT	Spartanburg, SC	$116K	2020
Hub City Farmers' Market2020 KEY PARTNER FUNDING	Spartanburg, SC	$107K	2020
Hope Center For ChildrenHEALTHY FAMILIES INITIATIVE CONVENER	Spartanburg, SC	$102K	2020
Ruth'S GleaningsINCREASING NUTRITION IN SPARTANBURG	Spartanburg, SC	$100K	2020
Mount Moriah Baptist ChurchMOUNT MORIAH CARES	Spartanburg, SC	$75K	2020
Hope Center For ChildrenINTENSIVE PARENT EDUCATION AND SUPPORT THROUGH LEVEL 4 TRIPLE P	Spartanburg, SC	$73K	2020
Upstate Family Resource CenterPASOS SPARTANBURG: A BRIDGE TO CHILD HEALTH FOR LATINO FAMILIES	Boiling Springs, SC	$67K	2020
Spartanburg Academic MovementEARLY DEVELOPMENT INSTRUMENT CONTINUATION PROJECT	Spartanburg, SC	$55K	2020
Reach Out And Read - South CarolinaREACH OUT AND READ- SPARTANBURG COUNTY	Sylva, NC	$52K	2020
CommunityworksSPARTANBURG SMALL BUSINESS (BRINGING BACK THE BURG) FUND	Greenville, SC	$50K	2020
PalSPARTANBURG HEALTHY SCHOOLS INITIATIVE PHASE 2	Spartanburg, SC	$40K	2020
Children'S Museum Of The Upstate IncEXPANSION OF EARLY CHILDHOOD PROGRAMMING	Spartanburg, SC	$36K	2020
Spartanburg Academic MovementPLANNING AND IMPLEMENTATION OF EXPANDED DEVELOPMENTAL SCREENING SYSTEMS IN SPARTANBURG COUNTY	Spartanburg, SC	$30K	2020
Spartanburg Interfaith Hospitality NetworkCASE MANAGEMENT INITIATIVE	Spartanburg, SC	$27K	2020
Hatcher Garden & Woodland PreserveIMPROVING NATURE PRESERVE	Spartanburg, SC	$26K	2020
United Way Of The PiedmontLOCAL RELIEF FUND	Spartanburg, SC	$25K	2020
Safe Homes-Rape Crisis CoalitionUNDERSERVED COMMUNITIES THERAPIST	Spartanburg, SC	$25K	2020
Healthy Smiles Of Spartanburg IncHEALTHY SMILES OF SPARTANBURG PEDIATRIC DENTAL PROGRAM	Spartanburg, SC	$25K	2020
Emerge Family Therapy Center & Teaching ClinicMEETING STREET ACADEMY: PLAY THERAPY FOR PRESCHOOLERS AND FAMILY THERAPY SERVICES	Spartanburg, SC	$25K	2020
Regenesis Organization Community Health CenterCRISIS INTERVENTION COORDINATOR	Spartanburg, SC	$25K	2020
United Way Of The PiedmontOPPORTUNITY HOUSING COLLABORATIVE ACTION PLAN	Spartanburg, SC	$25K	2020
Spartanburg County Public Libraries SystemLENA TECHNOLOGY	Spartanburg, SC	$25K	2020
Spartanburg County School District ThreeSYSTEMIC & ENVIRONMENTAL CHANGE FACTORS FOR EARLY CHILDHOOD FAMILIES AFFECTED BY COVID-19	Glendale, SC	$23K	2020
Ymca Of Greater SpartanburgYMCA SUMMER DAY CAMP PROGRAM SCHOLARSHIPS	Spartanburg, SC	$23K	2020
Spartanburg Youth Soccer Club IncCAROLINA FC "LIVE YOUR DREAM" PROGRAM	Spartanburg, SC	$20K	2020
Emerge Family Therapy Center & Teaching ClinicMENTAL HEALTH RESPONSE TO COVID 19 PANDEMIC	Spartanburg, SC	$20K	2020
Spartanburg County First StepsGENERAL OPERATING SUPPORT/HELLO FAMILY	Spartanburg, SC	$20K	2020
United Way Of The PiedmontTHRIVING FAMILIES	Spartanburg, SC	$19K	2020
Children'S Trust Fund Of South CarolinaHFI TRAINING AND IMPLEMENTATION SUPPORT	Columbia, SC	$18K	2020
Ruth'S GleaningsINCREASING FRESH FOOD ACCESS	Spartanburg, SC	$15K	2020
The Alliance For A Healthier GenerationRETURN TO SCHOOL HEALTHY AND SAFE PLANNING GRANT	Portland, OR	$15K	2020
The Salvation ArmyEMERGENCY FINANCIAL ASSISTANCE	Spartanburg, SC	$15K	2020
The South Carolina School For The Deaf And The Blind FoundationGENERAL OPERATING SUPPORT	Spartanburg, SC	$15K	2020
Children'S Museum Of The Upstate IncGENERAL OPERATING SUPPORT/STAFF RETENTION	Spartanburg, SC	$15K	2020
Habitat For Humanity Of SpartanburgOPERATIONAL SUPPORT DURING COVID-19	Spartanburg, SC	$15K	2020
Angels Charge MinistryPROGRAM OPERATING SUPPORT	Spartanburg, SC	$15K	2020
Sherman College Of Straight Chiropractic IncPATIENT AND STUDENT OUTREACH SUPPORT	Spartanburg, SC	$15K	2020
Upstate Family Resource CenterSPARTANBURG HEALTHY SCHOOLS INITIATIVE	Boiling Springs, SC	$15K	2020
Spartanburg Community College Foundation IncIMPROVING MENTAL HEALTH AMONG SPARTANBURG COMMUNITY COLLEGE STUDENTS POST COVID-19	Spartanburg, SC	$15K	2020
Upstate Family Resource CenterCRISIS INTERVENTION STAFFING SUPPORT	Boiling Springs, SC	$15K	2020
Spartanburg HousingSPARTANBURG HEALTHY SCHOOLS INITIATIVE - PLANNING PHASE	Spartanburg, SC	$15K	2020

990-PF Filings

Tax Period	Return Type	View
2023-12	990PF	View Filing
2022-12	990PF	View Filing
2021-12	990PF	View Filing
2020-12	990PF	View Filing
2018-12	990PF	View Filing
2017-12	990PF	View Filing
2016-12	990PF	View Filing
2015-12	990PF	View Filing