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
Under IRS private-foundation payout rules, Comporium Foundation Inc reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Heart of Brevard ($70,000), Rock Hill Economic Development Corp ($50,000), Clemson University Foundation ($44,302).
| Recipient | Purpose | Amount |
|---|---|---|
| A FATHERS WAY LANCASTER, SC | COMMUNITY WELFARE | $1,250 |
| ALZHEIMERS ASSOCIATION SC CHAPTER WEST COLUMBIA, SC | HEALTH | $2,500 |
| AMERICAN CANCER SOCIETY CHARLOTTE, NC | HEALTH | $3,750 |
| AMERICAN LEGION POST 43 BASEBALL FORT MILL, SC | VETERANS ORGANIZATION | $500 |
| AMERICAN RED CROSS OF NORTHERN SC ROCK HILL, SC | PUBLIC HEALTH | $20,000 |
| ANDREW JACKSON HIGH SCHOOL KERSHAW, SC | EDUCATION | $180 |
| ARTS COUNCIL ROCK HILL YORK CNTY ROCK HILL, SC | ARTS AND CULTURE | $10,500 |
| BETHEL SHELTERS ROCK HILL, SC | COMMUNITY WELFARE AND HEALTH | $10,000 |
| BOY SCOUTS OF AMERICA SPARTANBURG, SC | COMMUNITY WELFARE AND EDUCATION | $2,500 |
| CAMP CANAAN ROCK HILL, SC | COMMUNITY WELFARE AND HEALTH | $20,000 |
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.
Frequently Asked Questions
What does Comporium Foundation Inc fund?
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
How do I apply for a grant from Comporium Foundation Inc?
**Grant Activity (2024)** The foundation made 75 grants totaling approximately $912,186 in 2024. Notable recent grants include: | Grantee | Amount | Focus Area | |---------|--------|-----------| | Heart of Brevard | $70,000 | Community Welfare and Civic | | Winthrop University Foundation | $50,860 | Education | | Rock Hill Economic Development Corporation | $50,000 | Community Enhancement | | Clinton College | $50,000 | Education | | York Technical College Foundation | $22,015 | Education | | T…
Where does Comporium Foundation Inc make 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.
What size grants does Comporium Foundation Inc award?
In 2024, Comporium Foundation Inc awarded 122 grants totaling $1.1M — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Comporium Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Comporium Foundation Inc reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Comporium Foundation Inc's EIN?
Comporium Foundation Inc's EIN (Employer Identification Number) is 57-0792719. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Comporium Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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