Greenville Local Development Corporation
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.
Greenville Local Development Corporation at a glance
In short: Greenville Local Development Corporation gave $579K across 5 grants in 2025 (avg $116K), mostly in South Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $578,918
- Grants made (2025)
- 5
- Average grant
- $115,784
- Median grant
- $100,000
- Total assets
- $9,048,669
- -0.1% vs 2024
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Greenville Local Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
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
The most common grant size was under $50K: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $9,048,669 | $613,112 | $621,979 | $578,918 | 5 | $60,171 |
| 2024 | $9,057,536 | $650,953 | $294,652 | — | — | $107,145 |
| 2023 | $8,701,235 | $255,894 | $258,963 | — | — | $20,639 |
| 2022 | $8,704,304 | $3,040,133 | $172,412 | — | — | $21,765 |
| 2021 | $5,836,583 | $414,171 | $235,120 | — | — | $22,188 |
| 2020 | $5,689,332 | $578,011 | $329,379 | $30,000 | Total only | $-112,695 |
| 2019 | $5,408,900 | $938,754 | $342,455 | $100,000 | Total only | $76,500 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
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.
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.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS January 30, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS March 19, 2021)
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