J B Cornelius Foundation
GREENWOOD, SC EIN: 56-6060705
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$1.7M
+0.6% YoY
Annual Giving
$83K
-14.4% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$28K
-43.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,662,983 | $1,652,577 | $1,640,691 |
| Revenue | $128,560 | $122,205 | $116,869 |
| Expenses | $102,398 | $117,015 | $114,418 |
| Qualifying Distributions | $92,699 | $107,007 | $105,709 |
| Net Investment Income | $118,831 | $112,197 | $107,160 |
| Distributable Amount | $87,721 | $82,524 | $80,234 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does J B Cornelius Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN L SHERRILL | TREAS.@5/24 | 2.5 | $7,000 |
| MRS EDWIN S YOUNG | DIRECTOR | — | — |
| FRANK C SHERRILL II | PRESIDENT | 2.5 | — |
| C KERMIT SHERRILL | TREAS.@1/25 | 2.5 | $8,000 |
| EDWIN S YOUNG JR | DIRECTOR | — | — |
| JOHN L SHERRILL JR | DIRECTOR | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $489K (100%)
States
Cities
BrevardGreensboroMisenheimer
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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