Charitable and philanthropic endeavors in support of and in conjunction with the Spartanburg county foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+7.8% YoY
Annual Giving
$140K
+75.0% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$23K
+16.7% YoY
About Falatok Foundation
Based on IRS filings
Falatok Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SPARTANBURG, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 6 grants totaling $140K. Net investment income was $20K.
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 | $3,366,502 | $3,122,903 | $2,893,667 |
| Revenue | $222,064 | $208,238 | $425,840 |
| Expenses | $70,074 | $90,499 | $109,307 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $19,926 | $18,400 | $14,475 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Samaritan's Purse ($50,000), SAM Movement 2030 Fund ($30,000), Center for Philanthropy Capital Campaign Fund ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Center for Philanthropy Capital Campaign Fund Spartanburg, SC | General Support | $20,000 |
| Clemson University Foundation Clemson, SC | General Support | $10,000 |
| SAM Movement 2030 Fund Spartanburg, SC | General Support | $30,000 |
| Samaritan's Purse Boone, NC | General Support | $50,000 |
| Spartanburg Regional Healthcare System Foundation Spartanburg, SC | General Support | $20,000 |
| The Citadel Foundation Charleston, SC | General Support | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREW J FALATOK | CHAIRMAN | 1 | — |
| CHRISTOPHER J FALATOK | SECRETARY | 1 | — |
| DOUG O'NEAL | DIRECTOR | 1 | — |
| JAMES M SMITH | DIRECTOR | 1 | — |
| TERRY L CASH | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Falatok Foundation?
Falatok Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SPARTANBURG, SC. It holds $3.4M in total assets as of 2024.
How large is Falatok Foundation?
As of 2024, Falatok Foundation holds $3.4M in total assets with $222K in annual revenue. It awarded 6 grants totaling $140K in 2024.
Where does Falatok Foundation operate?
Falatok Foundation has awarded grants in North Carolina, South Carolina.
What size grants does Falatok Foundation award?
In 2024, Falatok Foundation awarded 6 grants totaling $140K — an average of about $23K per grant, based on its IRS Form 990 filings.
What is Falatok Foundation's EIN?
Falatok Foundation's EIN (Employer Identification Number) is 26-0641848. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Falatok 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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