Palmetto Farms Foundation

GREENVILLE, SC EIN: 57-6178213

Palmetto Farms Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 11 grants totaling $232K. Net investment income was $89K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

+6.2% YoY

Annual Giving

$232K

-41.8% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$21K

-41.8% YoY

Under IRS private-foundation payout rules, Palmetto Farms Foundation reported a distributable amount of $147K for 2024 — the minimum it must pay out in qualifying distributions.

About Palmetto Farms Foundation

Based on IRS filings

Palmetto Farms Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 11 grants totaling $232K. Net investment income was $89K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BartlesvilleBooneColumbiaFarmingtonFranklinGreenvilleGreenwoodMarshallMesaMontreatOrlandoTaylors

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$115K$231K$346K$462K20202021202220232024
Metric202420232022
Total Assets$2,705,724$2,548,338$2,428,417
Revenue$376,503$419,620$326,080
Expenses$236,888$402,886$149,969
Qualifying Distributions$236,888$402,886$149,969
Net Investment Income$89,191$205,264$129,181
Distributable Amount$146,571$138,030$142,162

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$299K$399K16 grants202018 grants202117 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

First Presbyterian Found…$133KMontreat College$50KLigonier Ministries$10KMiracle Hill Ministries$10KSend International$6KThe Outreach Foundation$5KFrontiers$5KSamaritans Purse$5KVoices of Martyrs$5KWorld Witness$2K

Grant Size Distribution

73 grants across all recorded years

66<$50K5$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Presbyterian Foundation ($133,342), Montreat College ($50,000), Ligonier Ministries ($10,000).

RecipientPurposeAmount
Send International Farmington, MIMissionary Support$6,000
Montreat College Montreat, NCCapital Campaign$50,000
World Witness Greenville, SCPastor Support$2,000
Arsenal Hill Columbia, SCPastor Support$1,000
The Outreach Foundation Franklin, TNUnrestricted$5,000
Ligonier Ministries Orlando, FLUnrestricted$10,000
Miracle Hill Ministries Greenville, SCUnrestricted$10,000
Frontiers Mesa, AZMissionary Support$5,000
Samaritans Purse Boone, NCUnrestricted$5,000
Voices of Martyrs Bartlesville, OKUnrestricted$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Dixon C CunninghamTrustee2
Eudora M CunninghamTrustee2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Palmetto Farms Foundation?

Palmetto Farms Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENVILLE, SC. It holds $2.7M in total assets as of 2024.

How large is Palmetto Farms Foundation?

As of 2024, Palmetto Farms Foundation holds $2.7M in total assets with $377K in annual revenue. It awarded 11 grants totaling $232K in 2024.

Where does Palmetto Farms Foundation operate?

Palmetto Farms Foundation has awarded grants in Arizona, Florida, Michigan, North Carolina, Oklahoma, South Carolina, Tennessee.

What size grants does Palmetto Farms Foundation award?

In 2024, Palmetto Farms Foundation awarded 11 grants totaling $232K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Palmetto Farms Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Palmetto Farms Foundation reported a distributable amount of $147K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Palmetto Farms Foundation's EIN?

Palmetto Farms Foundation's EIN (Employer Identification Number) is 57-6178213. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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