Palmetto Farms Foundation

Private foundation · Grantmaker Greenville, SC EIN: 57-6178213

Palmetto Farms Foundation is a private foundation based in Greenville, South Carolina. Its 2024 filing reports 11 grants totaling $232,342, including support for charitable organizations in several states.

Key facts about Palmetto Farms Foundation

In short: Palmetto Farms Foundation gave $232K across 11 grants in 2024 (avg $21K), mostly in South Carolina. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
57-6178213
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$232,342
Grants made (2024)
11
Average grant
$21,122
Median grant
$5,000
New grantees (estimate)
0% first-time grantees (0 of 11, 2024)
Total assets
$2,705,724
Primary geography
South Carolina (63% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

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.

Is Palmetto Farms Foundation open to new grantees?

0%

first-time grantees, 2024

In 2024, 0 of 11 grantees (0%) were first-time recipients. How we count

  • 100% of 2024 grantees were also funded in 2023. Method
  • Giving grew 39% from 2021 to 2024. Method
  • In 2024 it paid out 162% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations with purposes including unrestricted support, a capital campaign, missionary support, and pastor support. Among the grantees, Montreat College describes its mission as Christ-centered liberal arts education; Miracle Hill Ministries describes its work as supporting children and adults experiencing homelessness; and Samaritan’s Purse describes its work as providing spiritual and physical aid to people affected by war, poverty, disasters, disease, and famine.

Grantmaking

In 2024, the foundation made 11 grants totaling $232,342. Grants ranged from $1,000 to $133,342, with a median of $5,000. The largest grants were $133,342 to First Presbyterian Foundation in Greenville, South Carolina, for unrestricted purposes, and $50,000 to Montreat College in Montreat, North Carolina, for a capital campaign. Other grants included $10,000 each to Ligonier Ministries and Miracle Hill Ministries, and $6,000 to Send International.

Your AI grants department

Ready to take the next step with Palmetto Farms Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The 2024 grant dollars went primarily to recipients in South Carolina (63%) and North Carolina (24%). Smaller shares went to recipients in Florida (4%), Michigan (3%), and Tennessee (2%). Listed recipients also included organizations in Arizona and Oklahoma.

Grant Distribution by State

7states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

GreenvilleMontreatBooneColumbiaFarmingtonMesaOrlandoFranklinBartlesvilleMarshallGreenwoodTaylors

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K16 grants2020 18 grants2021 17 grants2022 11 grants2023 11 grants2024

From 2020 to 2024, annual grant giving ranged from $145K (2022) to $399K (2023). In 2024 it made 11 grants totaling $232K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

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

The largest 2024 recipient was First Presbyterian Foundation ($133K). Together the top 10 received $231K.

Grant Size Distribution

73 grants across all recorded years

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

The most common grant size was under $50K: 66 grants of 73 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
First Presbyterian Foundation Greenville, SCUnrestricted$133,342
Montreat College Montreat, NCCapital Campaign$50,000
Ligonier Ministries Orlando, FLUnrestricted$10,000
Miracle Hill Ministries Greenville, SCUnrestricted$10,000
Send International Farmington, MIMissionary Support$6,000
The Outreach Foundation Franklin, TNUnrestricted$5,000
Frontiers Mesa, AZMissionary Support$5,000
Samaritans Purse Boone, NCUnrestricted$5,000
Voices of Martyrs Bartlesville, OKUnrestricted$5,000
World Witness Greenville, SCPastor Support$2,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $2,705,724 $376,503 $236,888 $232,342
2023 $2,548,338 $419,620 $402,886 $399,000
2022 $2,428,417 $326,080 $149,969 $145,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Dixon C Cunningham and Eudora M Cunningham as trustees.

Palmetto Farms Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Dixon C Cunningham

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Eudora M Cunningham

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

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.

Contact

Mailing address: 609 Crescent Ave, Greenville, SC 29601-4347
Phone: (864) 770-3970

Frequently asked questions about Palmetto Farms Foundation

How much does Palmetto Farms Foundation give each year?

Palmetto Farms Foundation gave $232K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $399K across 11 grants.

What is Palmetto Farms Foundation's typical grant size?

Palmetto Farms Foundation's median grant in 2024 was $5,000, and its average grant was $21,122, across 11 grants on its 2024 IRS Form 990-PF.

Where does Palmetto Farms Foundation give grants?

Palmetto Farms Foundation gives mostly in South Carolina: 63% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (24%). The most frequent recipient cities were Greenville, SC (3 grants).

Does Palmetto Farms Foundation give general operating support?

Yes: 55% of Palmetto Farms Foundation's 2024 grants with a stated purpose (6 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Palmetto Farms Foundation's largest grantees?

Palmetto Farms Foundation's largest 2024 grantees include First Presbyterian Foundation ($133,342), Montreat College ($50,000) and Ligonier Ministries ($10,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.

How large is Palmetto Farms Foundation?

Palmetto Farms Foundation reported $2.7M in total assets on its 2024 IRS Form 990-PF. It paid out $237K in qualifying distributions that year, against a required minimum of $147K (roughly 5% of its investment assets).

What does Palmetto Farms Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations with purposes including unrestricted support, a capital campaign, missionary support, and pastor support. See mission & focus areas ↑

How do I apply for a grant from Palmetto Farms Foundation?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does Palmetto Farms Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Palmetto Farms Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Palmetto Farms Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in South Carolina

Chattanooga Christian Community Foundation

Chattanooga, TN

The Generosity Trust supports Christian ministries and other nonprofits, education, community and human services, and ministry students, with a strong focus on the Chattanooga area but grants nationwide. Its 2024 listed grants had a median of $18,250 and ranged from $5,002 to $2.5 million; whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$136.1M

Grants

567

Total Given

$36.4M

South Carolina Christian Foundation

Spartanburg, SC

The foundation funds Christian ministries, churches, and quality-of-life organizations, with particular attention through its Community Trust Grants to Christian nonprofits in five South Carolina counties. Its 2024 grants had a median of $15,000, though awards varied widely; most grant dollars went to South Carolina, with additional funding in other states. Community Trust applicants must submit a Ministry Introduction Form and be invited to apply; the profile does not state whether other requests are unsolicited.

Assets

$45.4M

Grants

285

Total Given

$11.6M

First Presbyterian Church Foundation

Greenville, SC

The foundation supports First Presbyterian Church ministries, evangelical Christian organizations serving spiritual and community needs, and national and international ministries; it also funds scholarships for church-member students. Its 2024 grants ranged from $5,000 to $79,403, with a median of $6,000, and 91% of grant dollars went to South Carolina; no general application process or unsolicited-request policy is stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$5.2M

Grants

12

Total Given

$159K

Central Carolina Community Foundation

Columbia, SC

Central Carolina Community funds education, human services, health, arts and culture, community development, disaster relief, and nonprofit capacity-building, primarily in the 11-county Midlands region of South Carolina, with some statewide and national grantmaking. Its 2025 grants had a median of $20,000; eligible nonprofits may apply through the online portal during published grant periods, though some opportunities are invitation-only.

Assets

$264.3M

Grants

488

Total Given

$26.5M

Coastal Community Foundation of South Carolina Inc

N Charleston, SC

The Coastal Community Foundation of South Carolina funds nonprofits through competitive grants for areas including education, health, community development, arts, and human needs. Its 2024 grants had a median of $16,500, with awards ranging from $5,057 to $2.3 million, across nine coastal South Carolina counties. It accepts applications only for listed competitive programs, through its online portal.

Philanthropy, Voluntarism & Grantmaking

Assets

$435.6M

Grants

459

Total Given

$26.0M

Community Foundation of Greenville Inc

Greenville, SC

Community Foundation of Greenville funds nonprofits and projects in arts, education, environment, health, and human services, with a focus on Greenville County, South Carolina. Its 2026 Capacity Building Grants award $5,000–$12,500; 2024 grants had a median of $23,900. It accepts unsolicited requests through its Capacity Building Grants program.

Philanthropy, Voluntarism & Grantmaking

Assets

$118.8M

Grants

346

Total Given

$26.4M

United Community Bank Foundation

Greenville, SC

United Community Bank Foundation funds economic empowerment, arts, housing and youth development in communities served across Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. Its 2025 grants ranged from $250 to $16,000, with a median of $2,000. It does not accept unsolicited requests; grants go to preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.6M

Grants

235

Total Given

$505K

Spartanburg County Foundation

Spartanburg, SC

The Spartanburg County Foundation funds nonprofits serving Spartanburg County residents, especially work advancing quality of life, education, economic mobility, and nonprofit capacity. Itemized grants had a median award of $15,500, though amounts varied widely; the information provided does not state whether it accepts unsolicited requests.

Assets

$280.4M

Grants

227

Total Given

$19.0M

Community Foundation of the Lowcountry

Hilton Head Island, SC

The Community Foundation of the Lowcountry funds nonprofits working in areas such as education, health, human services, arts, environment, animal welfare, and community development in Beaufort, Colleton, Hampton, and Jasper Counties, South Carolina; its Impact Grants have a narrower service area. Grants vary widely: the 2025 median was $15,000, with awards from $5,000 to over $1.2 million. It accepts requests through grant programs that begin with a Grant Inquiry Form.

Philanthropy, Voluntarism & Grantmaking

Assets

$99.7M

Grants

193

Total Given

$9.4M

Comporium Foundation Inc

Rock Hill, SC

Comporium Foundation supports education, community welfare, civic activity, health, economic development, trails, and religious organizations, primarily in South Carolina and North Carolina. Its 2024 grants ranged from $100 to $70,000, with a median of $3,625. It does not accept unsolicited requests and contributes only to preselected charitable organizations.

Assets

$20.6M

Grants

122

Total Given

$1.1M

Gods Goods Mt Pleasant

Mt Pleasant, SC

GODS GOODS MT PLEASANT supports preselected charities working in areas such as Christian education and ministry, community development, and services for people facing poverty or abuse. Its 2025 grants ranged from $750 to $10,000, with a median of $5,000; most funding went to South Carolina, with smaller amounts awarded in several other states. It does not accept unsolicited requests.

Religion Related

Assets

$201K

Grants

105

Total Given

$467K

The Sunshine Foundation Inc

Barnwell, SC

The Sunshine Foundation supports health, economic, educational, and environmental purposes, as well as community and performing arts organizations, primarily in South Carolina. Its 2024 grants had a median of $1,000, though amounts ranged from $25 to $165,126. It funds only preselected charitable organizations and does not accept unsolicited requests.

Assets

$13.2M

Grants

104

Total Given

$724K

More Funders in South Carolina

Palmetto Farms Foundation down — hundreds of funders to go?

Want AI to do this for you?