Rose and Walter Montgomery Foundation
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
Under IRS private-foundation payout rules, Rose and Walter Montgomery Foundation reported a distributable amount of $405K for 2024 — the minimum it must pay out in qualifying distributions.
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
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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
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $7,281,385
- Total Giving: $250,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Spartanburg County Foundation ($137,500), Spartanburg Day School ($50,000), Chapman Cultural Center ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHAPMAN CULTURAL CENTER SPARTANBURG, SC | GENERAL OPERATING SUPPORT | $25,000 |
| EPISCOPAL CHURCH OF THE ADVENT SPARTANBURG, SC | ANNUAL BUDGET | $15,000 |
| SPARTANBURG COUNTY FOUNDATION SPARTANBURG, SC | CHAPMAN CENTER FOR PHILANTHROPY | $137,500 |
| SPARTANBURG DAY SCHOOL SPARTANBURG, SC | GENERAL OPERATING SUPPORT | $50,000 |
| WOFFORD COLLEGE SPARTANBURG, SC | B&W JR END SCHOLARSHIP FUND | $17,500 |
| THE NOBLE TREE FOUNDATION SPARTANBURG, SC | GENERAL OPERATING SUPPORT | $5,000 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROSE M JOHNSTON | TRUSTEE | 0.5 | — |
| WALTER S MONTGOMERY JR | TRUSTEE | 0.5 | — |
| LIZA JOHNSTON | TRUSTEE | 0.5 | — |
| MARY JOHNSTON CARLOSS | TRUSTEE | 0.5 | — |
| BETTY MONTGOMERY | TRUSTEE | 0.5 | — |
| JOHN MONTGOMERY | TRUSTEE | 0.5 | — |
| BAILEY J FARRIN | TRUSTEE | 0.5 | — |
| SCOTT MONTGOMERY | TRUSTEE | 0.5 | — |
Frequently Asked Questions
What does Rose and Walter Montgomery Foundation fund?
The foundation's primary funding focus areas include: • Elementary Education • Arts and the Arts for Nonprofits • Human Services • Philanthropy, Voluntarism & Grantmaking
How do I apply for a grant from Rose and Walter Montgomery Foundation?
**Grant Amounts:** Typical awards range from $500 to $137,500. **Annual Giving:** The foundation distributed $250,000 in total giving based on recent financial data. **Grant Types:** The foundation makes grants to local charities and nonprofit organizations.
Where does Rose and Walter Montgomery Foundation make grants?
The foundation primarily funds organizations and initiatives in South Carolina, with a particular emphasis on the Spartanburg area.
What size grants does Rose and Walter Montgomery Foundation award?
In 2024, Rose and Walter Montgomery Foundation awarded 6 grants totaling $250K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is Rose and Walter Montgomery Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rose and Walter Montgomery Foundation reported a distributable amount of $405K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rose and Walter Montgomery Foundation's EIN?
Rose and Walter Montgomery Foundation's EIN (Employer Identification Number) is 57-0986535. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rose and Walter Montgomery Foundation's focus areas in our free grants database
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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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