Comporium Foundation Inc
Comporium Foundation Inc is a private foundation located in Rock Hill, South Carolina. The foundation was established in 1985 and operates as a 501(c)(3) organization. It is affiliated with Comporium Communications, a telecommunications company headquartered in Rock Hill that serves over 150,000 customers across the Carolinas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.6M
+0.9% YoY
Annual Giving
$1.1M
+8.0% YoY
Grant Count
122
+17.3% YoY
Avg Grant Size
$9K
-7.9% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, based on grant activity, primary funding areas include:
- Education — grants to educational institutions and scholarship programs
- Community Enhancement — support for economic development and civic initiatives
- Community Welfare — grants supporting community-focused organizations
Grantmaking
The foundation made 75 grants totaling approximately $912,186 in 2024. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in South Carolina, with a concentration in the Rock Hill area and surrounding regions including York, Lancaster, and Chester Counties. Grants have also been made to organizations in Brevard, North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
| Metric | Amount |
|---|---|
| Total Assets | $20,609,028 |
| Total Revenues | $1,440,937 |
| Total Expenses | $1,254,573 |
| Investment Income & Dividends | $885,325 |
| Net Gain from Sale of Assets | $555,391 |
Revenue Composition (2024)
The foundation's revenue is primarily generated through investment income and asset sales rather than contributions. Investment income increased 7.9% year-over-year to $885,325. Asset sales declined significantly from $5,033,841 in 2023 to $555,391 in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,609,028 | $20,418,556 | $15,750,944 |
| Revenue | $1,440,937 | $5,873,073 | $286,538 |
| Expenses | $1,254,573 | $1,180,737 | $1,010,848 |
| Qualifying Distributions | $1,136,016 | $1,051,842 | $934,310 |
| Net Investment Income | $1,322,380 | $5,744,178 | $389,944 |
| Distributable Amount | $1,150,734 | $990,954 | $1,006,127 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Ladson A Barnes
- Bryant G Barnes
The foundation maintains no full-time employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LADSON A BARNES III | DIRECTOR | — | — |
| BRYANT G BARNES | PRESIDENT | — | — |
| THERESA TURNER | SECRETARY - TREASURER | — | — |
| JOHN M BARNES JR | DIRECTOR | — | — |
| FRANCES B ELLIOTT | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has maintained consistent grantmaking activity through 2024, with grants distributed across education, community development, and civic welfare initiatives in the Rock Hill region and surrounding areas.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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