Betty James and Walter S

SPARTANBURG, SC EIN: 26-6131275

Betty James and Walter S is a private foundation focused on Human Services, based in SPARTANBURG, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $25K. Net investment income was $224K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+91.9% YoY

Annual Giving

$25K

+68.9% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$3K

+111.1% YoY

Under IRS private-foundation payout rules, Betty James and Walter S reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Betty James and Walter S

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $55K (73%)

New York $12K (16%)

North Carolina $6K (8%)

Georgia $1K (1%)

Virginia $1K (1%)

States

Georgia North Carolina New York South Carolina Virginia

Cities

AlexandriaArdenAtlantaCampobelloGarrisonHendersonvilleSaludaSpartanburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,055,255	$549,889	$491,284
Revenue	$989,112	$252,880	$222,968
Expenses	$228,318	$239,087	$192,715
Qualifying Distributions	$28,500	$21,796	$9,811
Net Investment Income	$224,147	$14,635	$11,568
Distributable Amount	$22,112	$13,887	$14,810

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

50 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Spartanburg County Foundation ($14,000), Oakwood Cemetary ($3,000), Garden Conservancy ($2,500).

Recipient	Purpose	Amount
GARDEN CONSERVANCY GARRISON, NY	GENERAL OPERATING SUPPORT	$2,500
GROUP OF 100 SPARTANBURG, SC	GENERAL OPERATING SUPPORT	$1,000
MEN'S GARDEN CLUB SPARTANBURG, SC	TREE PLANTING PROJECT	$500
SPARTANBURG COMMUNITY COLLEGE FOUNDATION SPARTANBURG, SC	CULINARY FUND AND HORTICULTURAL SCHOOL	$1,000
HATCHER GARDEN SPARTANBURG, SC	TWILIGHT IN THE GARDEN	$1,000
OAKWOOD CEMETARY SPARTANBURG, SC	GENERAL OPERATING SUPPORT	$3,000
SPARTANBURG DAY SCHOOL SPARTANBURG, SC	GENERAL OPERATING SUPPORT	$2,000
SPARTANBURG COUNTY FOUNDATION SPARTANBURG, SC	GENERAL OPERATING SUPPORT	$14,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WALTER S MONTGOMERY JR	TRUSTEE	0.5	—
BETTY J MONTGOMERY	TRUSTEE	0.5	—
LILLIAN M LILLY	TRUSTEE	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Betty James and Walter S?

Betty James and Walter S is a private foundation focused on Human Services, based in SPARTANBURG, SC. It holds $1.1M in total assets as of 2024.

How large is Betty James and Walter S?

As of 2024, Betty James and Walter S holds $1.1M in total assets with $989K in annual revenue. It awarded 8 grants totaling $25K in 2024.

Where does Betty James and Walter S operate?

Betty James and Walter S has awarded grants in Georgia, North Carolina, New York, South Carolina, Virginia.

What size grants does Betty James and Walter S award?

In 2024, Betty James and Walter S awarded 8 grants totaling $25K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Betty James and Walter S required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Betty James and Walter S reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.