Burris H and Ruth V Satterfield Foundation

GREENWOOD, SC EIN: 87-7035967

Burris H and Ruth V Satterfield Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWOOD, SC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $978K in total assets. In 2024, it awarded 2 grants totaling $105K. Net investment income was $73K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$978K

-3.3% YoY

Annual Giving

$105K

+99.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$52K

+99.0% YoY

Under IRS private-foundation payout rules, Burris H and Ruth V Satterfield Foundation reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

About Burris H and Ruth V Satterfield Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $107K (50%)

South Carolina $107K (50%)

States

North Carolina South Carolina

Cities

CharlotteGreenwood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$977,680	$1,011,015	$1,103,755
Revenue	$88,788	$-21,281	$1,171,373
Expenses	$122,123	$71,459	$67,618
Qualifying Distributions	$104,541	$52,538	$56,634
Net Investment Income	$72,956	$18,374	$11,233
Distributable Amount	$55,909	$53,001	$55,265

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Seventh Day Adventist Church of Greenwood ($67,401), Carolina Conference of Seventh Day Adventists ($37,140).

Recipient	Purpose	Amount
Seventh Day Adventist Church of Greenwood Greenwood, SC	Religious	$67,401
Carolina Conference of Seventh Day Adventists Charlotte, NC	Religious	$37,140

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Burris H and Ruth V Satterfield Foundation?

Burris H and Ruth V Satterfield Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWOOD, SC. It holds $978K in total assets as of 2024.

How large is Burris H and Ruth V Satterfield Foundation?

As of 2024, Burris H and Ruth V Satterfield Foundation holds $978K in total assets with $89K in annual revenue. It awarded 2 grants totaling $105K in 2024.

Where does Burris H and Ruth V Satterfield Foundation operate?

Burris H and Ruth V Satterfield Foundation has awarded grants in North Carolina, South Carolina.

What size grants does Burris H and Ruth V Satterfield Foundation award?

In 2024, Burris H and Ruth V Satterfield Foundation awarded 2 grants totaling $105K — an average of about $52K per grant, based on its IRS Form 990 filings.

How much is Burris H and Ruth V Satterfield Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Burris H and Ruth V Satterfield Foundation reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Burris H and Ruth V Satterfield Foundation's EIN?

Burris H and Ruth V Satterfield Foundation's EIN (Employer Identification Number) is 87-7035967. IRS Form 990 filing data is available on this page for 2022–2024.