Ralph & Virginia Hendricks Foundati
The Ralph and Virginia Hendricks Foundation is a private foundation established in 1986, based in Simpsonville, South Carolina. It operates as a 501(c)(3) organization with no employees. The foundation was created to support educational institutions, with a particular emphasis on Furman University and other Upstate colleges and universities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.3M
-3.1% YoY
Annual Giving
$847K
+17.0% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$34K
+17.0% YoY
Under IRS private-foundation payout rules, Ralph & Virginia Hendricks Foundati reported a distributable amount of $778K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation has historically provided scholarships to high school graduates from the Golden Strip region to further their education at Furman University and other Upstate colleges and universities.
Grantmaking
Grant Range
s & Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in South Carolina, with particular emphasis on the Upstate region and the Golden Strip area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $12,264,589
- Total revenues: $488,410
- Total expenses: $885,253
- Investment income and dividends: $414,073
As of December 2023:
- Total assets: $12,661,432
- Total giving: $724,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,264,589 | $12,661,432 | $13,026,417 |
| Revenue | $488,410 | $395,574 | $280,060 |
| Expenses | $885,253 | $760,559 | $727,306 |
| Qualifying Distributions | $862,104 | $739,077 | $709,190 |
| Net Investment Income | $450,360 | $373,401 | $258,175 |
| Distributable Amount | $777,940 | $721,639 | $755,389 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Anderson University ($150,000), Usc Upstate Endowed Scholarship ($150,000), Clemson University ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MEALS ON WHEELS GREENVILLE, SC | UNRESTRICTED | $20,000 |
| GREENVILLE RESCUE MISSION GREENVILLE, SC | UNRESTRICTED | $20,000 |
| SIMPSONVILLE FIRST BAPTIST CHURCH SIMPSONVILLE, SC | MISSIONS | $1,000 |
| BOY SCOUTS OF AMERICA GREENVILLE, SC | UNRESTRICTED | $5,000 |
| PRISMA HEALTH YMCA SIMPSONVILLE, SC | UNRESTRICTED | $10,000 |
| SALVATION ARMY GREENVILLE, SC | UNRESTRICTED | $60,000 |
| HOME WITH A HEART LIBERTY, SC | UNRESTRICTED | $10,000 |
| NORTH GREENVILLE UNIVERSITY TAYLORS, SC | SCHOLARSHIPS | $75,000 |
| GREENVILLE TECHNICAL FOUNDATION GREENVILLE, SC | SCHOLARSHIPS | $90,000 |
| ANDERSON UNIVERSITY ANDERSON, SC | SCHOLARSHIPS | $150,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Ralph S. Hendricks served as Simpsonville mayor from 1975-1987 and was a trustee emeritus at Furman University. He passed away on February 17, 2022, at the age of 101.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT HAMBY | TRUSTEE | 2 | — |
| RANDY HARLING | TRUSTEE | 1 | — |
| BRADLEY JENKINS | TRUSTEE | 1 | — |
| RICHARD C MOORE | TRUSTEE | 4 | — |
| MARC L SAUNDERS | TRUSTEE | 2 | — |
| JOHN R THOMAS | TRUSTEE | 2 | — |
| 3 | CHAIRMAN | — | — |
Recent News & Activity
Recent developments and announcements
The foundation continues its legacy of supporting educational opportunities in the Upstate South Carolina region. Ralph Hendricks was recognized for being "a builder of good things in his community, and a builder of opportunity," with hundreds of high school graduates from the Golden Strip having received scholarships through the foundation to attend Furman University and other regional colleges and universities.
The Virginia Health Care Foundation has awarded $770,313 in grants to 9 nonprofitFrequently Asked Questions
What does Ralph & Virginia Hendricks Foundati fund?
The foundation's primary focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation has historically provided scholarships to high school graduates from the Golden Strip region to further their education at Furman University and other Upstate colleges and universities.
How do I apply for a grant from Ralph & Virginia Hendricks Foundati?
**Grant Sizes & Activity:** • Typical grant awards range from $3,000–$100,000 • The foundation made 22 grants in the most recent reporting year • Total giving in 2023: $724,000 **Recent Grants (2024):** • Anderson University: $150,000 (Scholarships) • North Greenville University: $75,000 (Scholarships) • Home with A Heart: $10,000 (Unrestricted)
Where does Ralph & Virginia Hendricks Foundati make grants?
The foundation primarily funds organizations in South Carolina, with particular emphasis on the Upstate region and the Golden Strip area.
What size grants does Ralph & Virginia Hendricks Foundati award?
In 2024, Ralph & Virginia Hendricks Foundati awarded 25 grants totaling $847K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Ralph & Virginia Hendricks Foundati required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ralph & Virginia Hendricks Foundati reported a distributable amount of $778K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ralph & Virginia Hendricks Foundati's EIN?
Ralph & Virginia Hendricks Foundati's EIN (Employer Identification Number) is 57-0822180. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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