Canal Charitable Foundation
Canal Charitable Foundation is a private foundation based in Greenville, South Carolina. Its 2024 filing reports grants to charitable organizations and other recipients in South Carolina, including support for an arena renovation, a school building fund, a scholarship endowment, and general charitable support.
Canal Charitable Foundation at a glance
In short: Canal Charitable Foundation gave $4.1M across 13 grants in 2024 (avg $314K), mostly in South Carolina. 67% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,087,500
- +4391.8% vs 2023
- Grants made (2024)
- 13
- +116.7% vs 2023
- Average grant
- $314,423
- +1973.1% vs 2023
- Median grant
- $15,000
- Total assets
- $248,842
- +15.3% vs 2023
- New grantees (estimate)
- 67% first-time grantees (8 of 12, 2024; small sample)
- Primary geography
- South Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Canal Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 7, Greenville, SC 29602
Phone: (864) 250-9291
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Canal Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was United Way of Greenville County ($50K). Together the top 10 received $223K.
Organizations only. It also paid 2 grants to individuals ($3,855,000), which are not listed by name.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 35 grants of 41 (85%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in South Carolina.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
States
Cities
Is Canal Charitable Foundation open to new grantees?
67%
first-time grantees, 2024
In 2024, 8 of 12 grantees (67%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $500K; repeat grants $22K. How we count
Medians: $15K first-time, $14K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving grew 10381% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $39K (2021) to $4.1M (2024). In 2024 it made 13 grants totaling $4.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 grants to individuals Recipients not named | — | $3,855,000 |
| United Way of Greenville County Greenville, SC | General Charitable Support | $50,000 |
| Charleston Day School Charleston, SC | Building Fund | $50,000 |
| Grace Church Cathedral Charleston, SC | Transforming Grace Building Fund | $25,000 |
| Metropolitan Arts Council Greenville, SC | General Charitable Support | $15,000 |
| Kind of the Upstate Greenville, SC | General Charitable Support | $15,000 |
| Philip Simmons Middle School PTSA Wando, SC | General Charitable Support | $15,000 |
| Philip Simmons Elementary School PTA Wando, SC | General Charitable Support | $15,000 |
| Mount Pleasant Presbyterian Church Mount Pleasant, SC | General Charitable Support | $15,000 |
| Greenville Symphony Association Greenville, SC | General Charitable Support | $12,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $248,842 | $4,097,034 | $4,093,769 | $4,087,500 | 13 | $4,090,019 | $4,039,742 | $13,158 |
| 2023 | $215,827 | $6,394 | $91,394 | $91,000 | 6 | $91,374 | $6,374 | $15,307 |
| 2022 | $314,723 | $41,536 | $121,413 | $119,000 | 7 | $120,156 | $40,716 | $17,718 |
| 2021 | $358,886 | $-2,329 | $41,272 | $39,000 | 6 | $40,264 | $9,836 | $18,942 |
| 2020 | $398,040 | $465,686 | $115,570 | $113,192 | 9 | — | $4,301 | $633 |
Under IRS private-foundation payout rules, Canal Charitable Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for education, arts and culture, community services, and religious organizations. For example, United Way of Greenville County describes its mission as mobilizing people and resources to improve lives, strengthen the community, and advance equity; the Greenville Symphony Association says it provides educational and cultural opportunities through live orchestral music.
Grantmaking
In 2024, the foundation reported 13 grants totaling $4,087,500. Grant sizes ranged from $10,000 to $3,833,333, with a median of $15,000. Its largest reported grant was $3,833,333 to Furman University for Timmons Arena renovations. Other notable grants included $50,000 to United Way of Greenville County for general charitable support and $50,000 to Charleston Day School for its building fund. The foundation also gave $25,000 to Grace Church Cathedral for its Transforming Grace Building Fund and $21,667 to Wofford College for the Wm. R. & Connie J. Timmons Scholarship Endowment.
Leadership & Key People
Officers and directors from IRS filings
Canal Charitable Foundation is led by William R Timmons III, Director & President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
William R Timmons III
Director & President
On filings since 2020
1 hr/week
No compensation reported
Christopher B Greene
Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Laura Beth Medley
Director
On filings since 2020
1 hr/week
No compensation reported
Paul Brocklebank
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Canal Charitable Foundation
How much does Canal Charitable Foundation give each year?
Canal Charitable Foundation gave $4.1M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $91K across 6 grants.
What is Canal Charitable Foundation's typical grant size?
Canal Charitable Foundation's median grant in 2024 was $15,000, and its average grant was $314,423, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Canal Charitable Foundation that year got $500K on average.
Where does Canal Charitable Foundation give grants?
Canal Charitable Foundation gives mostly in South Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Greenville, SC (5 grants), Charleston, SC (2 grants) and Wando, SC (2 grants).
Does Canal Charitable Foundation give general operating support?
Yes: 69% of Canal Charitable Foundation's 2024 grants with a stated purpose (9 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Canal Charitable Foundation's largest grantees?
Canal Charitable Foundation's largest 2024 grantees include United Way of Greenville County ($50,000), Charleston Day School ($50,000) and Grace Church Cathedral ($25,000), according to its 2024 IRS Form 990-PF. It also paid 2 grants to individuals ($3,855,000), which are not listed by name. Together they received 3% of its itemized 2024 grant dollars.
How large is Canal Charitable Foundation?
Canal Charitable Foundation reported $249K in total assets on its 2024 IRS Form 990-PF. It paid out $4.1M in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).
What does Canal Charitable Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants include support for education, arts and culture, community services, and religious organizations. See mission & focus areas ↑
How do I apply for a grant from Canal Charitable Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Canal Charitable Foundation's EIN?
Canal Charitable Foundation's EIN (Employer Identification Number) is 20-3971600. IRS Form 990 filing data is available on this page for 2020–2024.
Does Canal Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Jean T and Heyward G Pelham Foundation
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$11.8M
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Total Given
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Cite this profile
Grantable. (2026). Canal Charitable Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/canal-charitable-foundation-morg_ff85f1098e634e4192b5082b4879f527
BibTeX
@misc{grantable_203971600_2026,
author = {{Grantable}},
title = {{Canal Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/canal-charitable-foundation-morg_ff85f1098e634e4192b5082b4879f527},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Canal Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Canal Charitable Foundation down — hundreds of funders to go?