Abney Foundation logo

Abney Foundation

ANDERSON, SC EIN: 57-6019445 Website

The Abney Foundation is a private grantmaking foundation established in 1957 by Susie Mathews Abney, located in Anderson, South Carolina. The foundation makes grants exclusively to charitable organizations recognized under IRS code 501(c)(3) and does not make grants to individuals.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$51.3M

+9.7% YoY

Annual Giving

$1.9M

-4.7% YoY

Grant Count

51

+27.5% YoY

Avg Grant Size

$38K

-25.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to make grants for innovative and creative projects, and to programs which are responsive to changing community needs in the areas of education, health, social services, and cultural affairs.

Primary Focus Areas:

  • Higher Education (75-80% of annual funding) — The foundation's highest priority, with scholarship endowments established at fourteen colleges and universities across South Carolina
  • Health Services — Community health initiatives
  • Social Services — Local community support organizations
  • Cultural Affairs — Arts and cultural programming

Grantmaking

Grant Range

** $200,000–$300,000 (based on recent grants), with historical ranges of $3,500–$400,000

Average Grant

$65,000

Review Cycle

First Monday in November by 4:00 PM

How to Apply

**

Ready to take the next step with Abney Foundation?

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in South Carolina, with particular emphasis on the Anderson area. Grants have been distributed to organizations in South Carolina and North Carolina.

Grant Distribution by State

2states

Cities

AndersonBeltonCentralCharlestonCharlotteClemsonClintonColumbiaGreenvilleGreenwoodLibertyOrangeburgPendletonSpartanburgSpartanburgeWilliamston

Financial History

Multi-year comparison from IRS filings

Assets: $51.3 million (as of 2024); $46.8 million (as of 2023)

Annual Income: $38.4 million (2024); $6.25 million (2023)

Annual Expenses: $2.8 million (2023)

Total Liabilities: $0 (2023)

Asset Growth: Total assets have grown from $40.1 million in 2011 to $51.3 million in 2024

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$51,281,323$46,758,160$42,946,743
Revenue$3,932,848$6,246,406$4,957,789
Expenses$2,824,055$2,798,464$3,048,638
Qualifying Distributions$2,145,737$2,230,256$2,460,132
Net Investment Income$3,665,563$5,705,563$4,403,860
Distributable Amount$2,358,064$2,139,778$2,240,006

Giving Over Time

Total grant dollars and number of grants per year

$0$568K$1M$2M$2M1 grants202043 grants202143 grants202240 grants202351 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TRI-COUNTY$200KANDERSON UNIVERSITY$150KSECOND CHANCE CHURCH$150KCLAFLIN UNIVERSITY$100KCLEMSON UNIVERSITY$100KCONVERSE UNIVERSITY$100KLANDER UNIVERSITY$100KMUSCHOLLINGS CANCER CENTER$100KPRESBYTERIAN COLLEGE$100KTHE CITADEL$100K

Grant Size Distribution

177 grants across all recorded years

130<$50K7$50–100K34$100–250K4$250–500K1$500K–1M1$1–5M$5M+

Open Grants

1 open opportunity from Abney Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Lisa McWherter is listed as the principal officer. The foundation is governed by 8 officers and trustees.

Compensation Overview

From 2024 IRS filing

LISA C MCWHERTERVICE CHAIR$178KBONNIE K NASHSECR/TREAS$110KCARL T EDWARDSED EMERITUS$41KJ KIRKMAN MOORHEADTRUSTEE$8KJOHN T MEEHAN MDCHAIR$8KJAMES E SHERIFFTRUSTEE$8K

From 2024 filing

NameTitleHoursCompensation
J KIRKMAN MOORHEADTRUSTEE1$7,500
LISA C MCWHERTERVICE CHAIR40$178,263
CARL T EDWARDSED EMERITUS20$41,177
BONNIE K NASHSECR/TREAS40$109,690
LEBRENA F CAMPBELLTRUSTEE1
JOHN R FULP IIITRUSTEE1
JOHN T MEEHAN MDCHAIR1$7,500
JAMES E SHERIFFTRUSTEE1$7,500

Contact Information

The Abney Foundation
100 Vine Street
Anderson, SC 29621
Phone: 864-964-9201
Fax: 864-964-9209
Email: info@abneyfoundation.org
Website: www.abneyfoundation.org

Tax Status: 501(c)(3) private foundation; tax-exempt since June 1959; EIN 57-6019445

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Abney Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities