F & J Foundation Inc

Foundation · Grantmaker Mount Pleasant, SC EIN: 20-3750796

F & J Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mount Pleasant, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $194K in total assets. In 2024, it awarded 4 grants totaling $25K. Net investment income was $9K.

Key facts about F & J Foundation Inc

EIN: 20-3750796
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $25,000
Grants made (2024): 4
Average grant: $6,250
Median grant: $5,250
Total assets: $194,295
Primary geography: South Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who F & J Foundation Inc funds

By grant dollars, the top recipient states for F & J Foundation Inc's 4 itemized 2024 grants were South Carolina (100%). The most frequent recipient cities were Florence, SC (4 grants). None of its 4 grants with a stated purpose were described as general or operating support.

How F & J Foundation Inc gives

Giving fell 53% from 2021 to 2024. Method
In 2024 it paid out 256% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$194K

-21.9% YoY

Annual Giving

$25K

+0.0% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$6K

-25.0% YoY

Under IRS private-foundation payout rules, F & J Foundation Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About F & J Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $25K (100%)

Share of all 4 itemized 2024 grant dollars.

States

Georgia Mississippi North Carolina South Carolina Tennessee

Cities

FlorenceCharlotteCashiersChattanoogaCharlestonClarkstonMatthewsMount PleasantOxfordUniversityNashvilleTaylor

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$194,295	$248,792	$433,595
Revenue	$6,522	$8,226	$14,539
Expenses	$200,934	$201,364	$231,381
Qualifying Distributions	$25,000	$25,000	$54,000
Net Investment Income	$8,728	$3,177	$12,714
Distributable Amount	$9,757	$11,413	$20,887

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

72 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Boys and Girls Clubs of the Pee Dee ($12,500), Francis Marion University Education Foundation ($5,500), House of Hope ($5,000).

Recipient	Purpose	Amount
BOYS AND GIRLS CLUBS OF THE PEE DEE Florence, SC	DISADVANTAGED YOUTH	$12,500
FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION Florence, SC	HIGHER EDUCAITON	$5,500
HOUSE OF HOPE Florence, SC	HOMELESS WOMEN & CHILDREN	$5,000
FRANCIS MARION UNIVERSITY ATHLETICS Florence, SC	HIGHER EDUCATION	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Angela a Lynch	President	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is F & J Foundation Inc?

F & J Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Mount Pleasant, SC. It holds $194K in total assets as of 2024.

How large is F & J Foundation Inc?

As of 2024, F & J Foundation Inc holds $194K in total assets with $7K in annual revenue. It awarded 4 grants totaling $25K in 2024.

Where does F & J Foundation Inc operate?

F & J Foundation Inc has awarded grants in Georgia, Mississippi, North Carolina, South Carolina, Tennessee.

What size grants does F & J Foundation Inc award?

In 2024, F & J Foundation Inc awarded 4 grants totaling $25K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is F & J Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, F & J Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.