Rose and Walter Montgomery Foundation

SPARTANBURG, SC EIN: 57-0986535

The Rose and Walter Montgomery Foundation is a private foundation based in Spartanburg, South Carolina. The foundation focuses its philanthropic efforts on education, human services, and arts-related initiatives, primarily serving the South Carolina region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.3M

+9.8% YoY

Annual Giving

$250K

-9.3% YoY

Grant Count

6

-62.5% YoY

Avg Grant Size

$42K

+141.8% YoY

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

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Elementary Education
  • Arts and the Arts for Nonprofits
  • Human Services
  • Philanthropy, Voluntarism & Grantmaking

Grantmaking

Grant Types

** The foundation makes grants to local charities and nonprofit organizations

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and initiatives in South Carolina, with a particular emphasis on the Spartanburg area.

Grant Distribution by State

8states

Cities

ArdenArlingtonClintonColumbiaEasleyFlat RockGreenvilleGreenwood VillageHendersonvilleHillsdaleIrvingJacksonvilleSpartanburgUnionWashington

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $7,281,385
  • Total Giving: $250,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$171K$341K$512K$683K20202021202220232024
Metric202420232022
Total Assets$7,281,385$6,629,224$5,680,313
Revenue$293,960$34,648$239,438
Expenses$339,344$369,850$440,621
Qualifying Distributions$250,000$275,750$315,400
Net Investment Income$200,889$83,638$104,077
Distributable Amount$405,452$376,954$364,059

Giving Over Time

Total grant dollars and number of grants per year

$0$93K$186K$279K$372K15 grants202018 grants202119 grants202216 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

SPARTANBURG COUNTY FOUND…$138KSPARTANBURG DAY SCHOOL$50KCHAPMAN CULTURAL CENTER$25KWOFFORD COLLEGE$18KEPISCOPAL CHURCH OF THE …$15KTHE NOBLE TREE FOUNDATION$5K

Grant Size Distribution

74 grants across all recorded years

60<$50K9$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Walter Scott Montgomery Jr. (December 28, 1929 – October 4, 2023) was associated with the foundation. He was a graduate of the University of North Carolina at Chapel Hill (Phi Beta Kappa, 1951) and Harvard Business School. Montgomery was a lifelong Spartanburg resident and served as a Lieutenant in the United States Army.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROSE M JOHNSTONTRUSTEE0.5
WALTER S MONTGOMERY JRTRUSTEE0.5
LIZA JOHNSTONTRUSTEE0.5
MARY JOHNSTON CARLOSSTRUSTEE0.5
BETTY MONTGOMERYTRUSTEE0.5
JOHN MONTGOMERYTRUSTEE0.5
BAILEY J FARRINTRUSTEE0.5
SCOTT MONTGOMERYTRUSTEE0.5

Related Funders

Similar funders by location and focus area

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

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