Hollingsworth Funds Inc
Hollingsworth Funds Inc. is a public charity based in Greenville, South Carolina. It supports Furman University, the YMCA of Greenville, and other charitable organizations serving Greenville County, with a strategic focus on economic mobility and pathways to living-wage careers.
Hollingsworth Funds Inc at a glance
In short: Hollingsworth Funds Inc gave $12.0M across 56 grants in 2024 (avg $215K), mostly in South Carolina. 18% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $12,039,703
- +5.1% vs 2023
- Grants made (2024)
- 56
- +1.8% vs 2023
- Average grant
- $214,995
- +3.2% vs 2023
- Median grant
- $75,000
- Total assets
- $406,730,156
- +3.2% vs 2023
- New grantees (estimate)
- 18% first-time grantees (7 of 40, 2024)
- Primary geography
- South Carolina (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hollingsworth Funds Inc
- How to Apply
-
The organization encourages prospective partners to get in touch with ideas, but does not describe a formal application process.
- Contact
Mailing address: 124 Verdae Blvd 502, Greenville, SC 29607
Phone: (864) 627-8306
Website: https://hollingsworthfunds.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Hollingsworth Funds Inc
Who Hollingsworth Funds Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Furman University ($5.4M). Together the top 10 received $9.8M.
Grant Size Distribution
261 grants across all recorded years
The most common grant size was in the $50–100K range: 134 grants of 261 (51%).
Geographic Focus
Where this funder awards grants
The trust documents direct support to organizations operating for the benefit of Greenville County. The website says eligible organizations must qualify under specified federal tax-exempt categories. In 2024, 99% of grant dollars went to recipients in South Carolina.
Grant Distribution by State
Share of 2024 grant dollars across all 56 itemized grants.
Cities
Is Hollingsworth Funds Inc open to new grantees?
18%
first-time grantees, 2024
In 2024, 7 of 40 grantees (18%) were first-time recipients. First grants averaged $111K; repeat grants $341K. How we count
Medians: $50K first-time, $81K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $9.3M (2020) to $12.0M (2024). In 2024 it made 56 grants totaling $12.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Furman University Greenville, SC | General Operating Support | $5,447,114 |
| YMCA of Greenville Greenville, SC | General Operating Support | $1,298,964 |
| United Way of Greenville County Greenville, SC | General Operating Support for Ontrack Greenville | $500,000 |
| Community Foundation of Greenville Greenville, SC | Operating Support for Greenville Connects | $375,000 |
| Greenville Housing Fund Greenville, SC | General Operating Support | $310,000 |
| Greenville Housing Authority Greenville, SC | General Operating Support | $250,000 |
| United Way of Greenville County Greenville, SC | Greenville County Community Relief Fund | $250,000 |
| Communityworks Carolina Greenville, SC | General Operating Support | $200,000 |
| Community Foundation of Greenville Greenville, SC | Project Support for Phase Two of Sunset Plan | $192,150 |
| Hispanic Alliance Greenville, SC | General Operating Support | $150,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $406,730,156 | $18,619,297 | $17,878,851 | $12,039,703 | 56 | $16,058,362 |
| 2023 | $394,202,076 | $10,530,144 | $16,157,579 | $11,456,576 | 55 | $8,174,051 |
| 2022 | $375,756,696 | $12,829,828 | $14,906,078 | $10,841,510 | 52 | $9,744,299 |
| 2021 | $415,865,709 | $16,217,811 | $15,626,643 | $9,940,807 | 49 | $13,319,048 |
| 2020 | $393,513,843 | $12,387,637 | $14,907,822 | $9,289,300 | 49 | $9,785,968 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is to distribute funds to Furman University, the Greenville YMCA, and public charities serving Greenville County. Its website describes a goal of strengthening pathways to careers that pay a living wage and building assets in low-income communities, with an emphasis on Black and Hispanic/Latinx people.
Its six focus areas are preparing students for college and careers, attaining post-secondary credentials, workplace access and advancement, affordable housing, reliable and efficient transportation, and capacity and infrastructure in Greenville.
Examples of supported organizations include Furman University, whose stated mission is to provide a distinctive liberal arts and selected professional education; the YMCA of Greenville, which says it works to build healthy spirit, mind, and body for all; and United Way of Greenville County, which says it mobilizes people and resources to improve lives, strengthen the community, and advance equity. Other 2024 grantees include the Greenville Housing Fund, which describes its work as pursuing housing affordability solutions, and CommunityWorks, which says it provides financing for affordable housing and community development.
Grantmaking
In 2024, Hollingsworth Funds reported 56 grants totaling $12,039,703. Grant amounts ranged from $24,475 to $5,447,114, with a median of $75,000.
The largest 2024 grants included $5,447,114 to Furman University for general operating support; $1,298,964 to the YMCA of Greenville for general operating support; and $500,000 to United Way of Greenville County for general operating support for OnTrack Greenville. Other notable awards were $375,000 to the Community Foundation of Greenville for operating support for Greenville Connects, $310,000 to Greenville Housing Fund for general operating support, and $250,000 to Greenville Housing Authority for general operating support.
The website says it considers requests of all sizes and reports a median investment of $50,000 and a range of $15,000 to $500,000. It encourages prospective partners to share ideas supporting pathways to living-wage careers, while noting that it is largely a proactive community investor. Its stated investment considerations include alignment with its focus areas and strategies, involvement of people most affected, and potential to advance systems change. The website does not specify application materials or a deadline.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Anthony McDade as board chair, Sam Erwin as vice chair, and Joann Hackl as secretary. Directors listed include Minor M. Shaw, William E. Henderson, Anne S. Ellefson, Brenda Thames, R. Sean Dogan, Timothy J. Reed, and F. Bogue Wallin.
Hollingsworth Funds Inc is led by B. Gage Weekes, President on every filing since 2020; all 15 officers listed in 2024 are compensated.
Officers on the 2024 filing
B. Gage Weekes
President
On filings since 2020
40 hrs/week
$319K (2020) → $395K (2024)
Anthony McDade
Board Chair
Vice Chairman → Board Chair, 2024
On filings since 2020
3 hrs/week
$5K (2020) → $5K (2024)
Anne S. Ellefson
Director
Board Chair → Director, 2024
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
Brenda Thames
Director
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
F. Bogue Wallin
Director
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
Minor M. Shaw
Director
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
R. Sean Dogan
Director
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
Timothy J. Reed
Director
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
William E. Henderson
Director
On filings since 2020
5 hrs/week
$5K (2020) → $5K (2024)
Russ Davis
Director
On filings since 2022
2 hrs/week
$1K (2022) → $5K (2024)
Greg Ingram
Director
New on the 2024 filing
2 hrs/week
$5K (2024)
Joann Hackl
Secretary
Director → Secretary, 2024
On filings since 2020
3 hrs/week
$5K (2020) → $5K (2024)
Sam Erwin
Vice Chair
Secretary → Vice Chair, 2024
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
Tamela Spann
Vice President of Strategic Initiative
On filings since 2020
40 hrs/week
$137K (2020) → $180K (2024)
Pamela Prashad
Vice President of Finance & Operations
On filings since 2021
35 hrs/week
$121K (2021) → $173K (2024)
Former officers (3)
- Former: Harold F. Gallivan (2020–2023) — Director
- Former: W. Kenneth Hunt III (2020–2021) — Chief Financial Officer
- Former: James W. Terry (2020) — Director of Strategic Assets
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $395K, to B Gage Weekes (President). 15 officers or directors reported compensation on that filing.
Frequently asked questions about Hollingsworth Funds Inc
How much does Hollingsworth Funds Inc give each year?
Hollingsworth Funds Inc gave $12.0M across 56 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $11.5M across 55 grants.
What is Hollingsworth Funds Inc's typical grant size?
Hollingsworth Funds Inc's median grant in 2024 was $75,000, and its average grant was $214,995, across 56 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Hollingsworth Funds Inc that year got $111K on average.
Where does Hollingsworth Funds Inc give grants?
Hollingsworth Funds Inc gives mostly in South Carolina: 99% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Greenville, SC (51 grants).
Does Hollingsworth Funds Inc give general operating support?
Yes: 66% of Hollingsworth Funds Inc's 2024 grants with a stated purpose (37 of 56) were for general or operating support, per its 2024 IRS Form 990.
Who are Hollingsworth Funds Inc's largest grantees?
Hollingsworth Funds Inc's largest 2024 grantees include Furman University ($5,447,114), YMCA of Greenville ($1,298,964) and United Way of Greenville County ($974,475 across 5 grants), according to its 2024 IRS Form 990. Together they received 64% of its itemized 2024 grant dollars.
How large is Hollingsworth Funds Inc?
Hollingsworth Funds Inc reported $406.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $18.6M.
What does Hollingsworth Funds Inc fund?
The organization’s stated mission is to distribute funds to Furman University, the Greenville YMCA, and public charities serving Greenville County. See mission & focus areas ↑
How do I apply for a grant from Hollingsworth Funds Inc?
The organization encourages prospective partners to get in touch with ideas, but does not describe a formal application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hollingsworth Funds Inc's EIN?
Hollingsworth Funds Inc's EIN (Employer Identification Number) is 57-1003814. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Hollingsworth Funds Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Hollingsworth Funds Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Hollingsworth Funds Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/hollingsworth-funds-inc-morg_e3cdfdca73e14384a889c97bd46c34be
BibTeX
@misc{grantable_571003814_2026,
author = {{Grantable}},
title = {{Hollingsworth Funds Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hollingsworth-funds-inc-morg_e3cdfdca73e14384a889c97bd46c34be},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Hollingsworth Funds Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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