Cbl State Savings Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREER, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 9 grants totaling $78K. Net investment income was $293K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+17.7% YoY
Annual Giving
$78K
-28.9% YoY
Grant Count
9
-52.6% YoY
Avg Grant Size
$9K
+50.2% YoY
Under IRS private-foundation payout rules, Cbl State Savings Bank Foundation reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.
About Cbl State Savings Bank Foundation
Based on IRS filings
Cbl State Savings Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREER, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 9 grants totaling $78K. Net investment income was $293K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,452,228 | $1,233,633 | $1,205,425 |
| Revenue | $296,251 | $140,734 | $150,937 |
| Expenses | $77,656 | $112,526 | $101,840 |
| Qualifying Distributions | $77,500 | $110,250 | $100,093 |
| Net Investment Income | $293,222 | $62,881 | $43,440 |
| Distributable Amount | $78,800 | $72,717 | $70,951 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Greer Christian Learning Center ($14,000), Guiding Reins ($10,000), Parker Harris ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GREER CHRISTIAN LEARNING CENTER GREER, SC | EXEMPT PURPOSE | $14,000 |
| GREER COMMUNITY MINISTRIES GREER, SC | EXEMPT PURPOSE | $5,000 |
| GREER RELIEF GREER, SC | EXEMPT PURPOSE | $5,000 |
| GUIDING REINS CAMPOBELLO, SC | EXEMPT PURPOSE | $10,000 |
| MIDDLE TYGER COMM CTR LYMAN, SC | EXEMPT PURPOSE | $7,500 |
| PARKER HARRIS GREER, SC | SCHOLARSHIP | $10,000 |
| BAILEY BROWN GREER, SC | SCHOLARSHIP | $10,000 |
| BROOKE SHERMAN CAMPOBELLO, SC | SCHOLARSHIP | $10,000 |
| JOSHUA'S WAY GREER, SC | EXEMPT PURPOSE | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W TERRY DOBSON | CHAIRMAN | 1 | — |
| JULIE F MCMAKIN | DIRECTOR | 1 | — |
| MICHAEL L MONTGOMERY | DIRECTOR | 1 | — |
| BENJAMIN B WATERS | DIRECTOR | 1 | — |
| PAUL J ROGERS | DIRECTOR | 1 | — |
| WES A KISSINGER | DIRECTOR | 1 | — |
| JENNIFER T JONES | DIRECTOR/PRESIDENT AND CEO | 1 | — |
| BRENT S GARRETT | SENIOR VICE PRESIDENT | 1 | — |
| DENNIS D TROUT | SENIOR VICE PRESIDENT | 1 | — |
| RHONDA P TURNER | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cbl State Savings Bank Foundation?
Cbl State Savings Bank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREER, SC. It holds $1.5M in total assets as of 2024.
How large is Cbl State Savings Bank Foundation?
As of 2024, Cbl State Savings Bank Foundation holds $1.5M in total assets with $296K in annual revenue. It awarded 9 grants totaling $78K in 2024.
Where does Cbl State Savings Bank Foundation operate?
Cbl State Savings Bank Foundation has awarded grants in South Carolina.
What size grants does Cbl State Savings Bank Foundation award?
In 2024, Cbl State Savings Bank Foundation awarded 9 grants totaling $78K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Cbl State Savings Bank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cbl State Savings Bank Foundation reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cbl State Savings Bank Foundation's EIN?
Cbl State Savings Bank Foundation's EIN (Employer Identification Number) is 56-2158345. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cbl State Savings Bank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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