Greenville Local Development Corporation

501(c)(4) organization Greenville, SC EIN: 57-0704763

The corporation's purpose is to further the economic development of the city of greenville by promoting and assisting the growth and development of business particularly small bussiness within the incorporaated limits of the city.

Key facts about Greenville Local Development Corporation

In short: Greenville Local Development Corporation gave $579K across 5 grants in 2025 (avg $116K), mostly in South Carolina. Source: 2025 IRS Form 990.

EIN
57-0704763
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$578,918
Grants made (2025)
5
Average grant
$115,784
Median grant
$100,000
Total assets
$9,048,669
Primary geography
South Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$9.0M

-0.1% YoY

Annual Giving

$579K

Grant Count

5

Avg Grant Size

$116K

About Greenville Local Development Corporation

Based on IRS filings

Greenville Local Development Corporation is a public charity, based in Greenville, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $9.0M in total assets. In 2025, it awarded 5 grants totaling $579K. Net investment income was $60K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 5 itemized grants.

Cities

Greenville

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600KTotal only2019 Total only2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $30K (2020) to $579K (2025). In 2025 it made 5 grants totaling $579K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Next Founder Fund I LLC: $329KNext Founder Fund I LLC$329KUpstate Warrior Solution: $100KUpstate Warrior Solution$100KFurman University: $100KFurman University$100KPalmetto Innovasphere: $25KPalmetto Innovasphere$25KSC Bio: $25KSC Bio$25K

The largest 2025 recipient was Next Founder Fund I LLC ($329K). Together the top 5 received $579K.

Grant Size Distribution

5 grants across all recorded years

2<$50K$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Next Founder Fund I LLC Greenville, SC—$328,918
Upstate Warrior Solution Greenville, SC—$100,000
Furman University Greenville, SC—$100,000
Palmetto Innovasphere Greenville, SC—$25,000
SC Bio Greenville, SC—$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$9,048,669$9,057,536$8,701,235
Revenue$613,112$650,953$255,894
Expenses$621,979$294,652$258,963
Net Investment Income$60,171$107,145$20,639

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  2. Added Form 990 for fiscal year 2019 (received by the IRS January 30, 2020)
  3. Updated Form 990 for fiscal year 2020 (received by the IRS March 19, 2021)

Leadership & Key People

Officers and directors from IRS filings

Greenville Local Development Corporation is led by Bogue Wallin, President since 2025 (on filings since 2019); none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bogue Wallin

    President

    Director → Vice Chairman, 2022

    Vice Chairman → President, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Andrew Kurtz

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Anne Ellefson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Charles Mickel

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kylie Felker

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Melanie Brown

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Russ Davis

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Sam Konduros

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Tammy Propst

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Mike Panasko

    Assistant Secretary & Treasurer

    Assistant Secretary & Treasurer → COO, 2023

    COO → Assistant Secretary & Treasurer, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Peter Waldschmidt

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Marchie Hepner

    Vice President

    Director → Vice President, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: David Barnett (2019–2024) — Chairman
  • Former: Julio Hernandez (2023–2024) — Director
  • Former: Joe Pazdan (2019–2022) — Director
  • Former: Vernon Dunbar (2019–2022) — Director
  • Former: Merle Johnson (2020–2022) — COO
  • Former: Caroline Van Hook (2019–2020) — Director
  • Former: Thomas Robinson (2019–2020) — Vice President
  • Former: Nancy Whitworth (2019) — COO

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Greenville Local Development Corporation

How much does Greenville Local Development Corporation give each year?

Greenville Local Development Corporation gave $579K across 5 grants in 2025, according to its 2025 IRS Form 990.

What is Greenville Local Development Corporation's typical grant size?

Greenville Local Development Corporation's median grant in 2025 was $100,000, and its average grant was $115,784, across 5 grants on its 2025 IRS Form 990.

Where does Greenville Local Development Corporation give grants?

Greenville Local Development Corporation gives mostly in South Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Greenville, SC (5 grants).

Who are Greenville Local Development Corporation's largest grantees?

Greenville Local Development Corporation's largest 2025 grantees include Next Founder Fund I LLC ($328,918), Upstate Warrior Solution ($100,000) and Furman University ($100,000), according to its 2025 IRS Form 990. Together they received 91% of its itemized 2025 grant dollars.

How large is Greenville Local Development Corporation?

Greenville Local Development Corporation reported $9.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $613K.

What is Greenville Local Development Corporation's EIN?

Greenville Local Development Corporation's EIN (Employer Identification Number) is 57-0704763. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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