The Fullerton Foundation is a private foundation based in Gaffney, South Carolina. Established in 1954, the organization operates as a 501(c)(3) tax-exempt entity and maintains a focus on philanthropic activities within the southeastern United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.2M
+1.5% YoY
Annual Giving
$1.6M
+10.0% YoY
Grant Count
38
+0.0% YoY
Avg Grant Size
$41K
+10.0% YoY
Mission & Focus Areas
The Fullerton Foundation's mission is to improve quality of life in the Carolinas, primarily through investments in healthcare.
The foundation's grant-making priorities include:
- Healthcare-related scholarships and educational programs
- Nursing and medical education initiatives
- Telehealth curriculum development
- Science and STEM education
- Educational institutions and related activities
Grantmaking
The foundation made 51 grants in its most recent reporting year. Recent grants include:
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in South Carolina, North Carolina, and Virginia, with a particular emphasis on the Carolinas region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total Assets: $35,214,964
- Total Revenues: $2,714,198
- Total Expenses: $2,122,358
Staffing: The foundation operates with 1 employee.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,214,964 | $34,696,450 | $35,593,928 |
| Revenue | $2,714,198 | $1,161,878 | $2,818,904 |
| Expenses | $2,122,358 | $1,981,433 | $2,308,880 |
| Qualifying Distributions | $1,840,472 | $1,706,019 | $1,974,492 |
| Net Investment Income | $2,469,776 | $1,464,577 | $2,544,279 |
| Distributable Amount | $1,856,855 | $1,816,744 | $1,703,374 |
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
209 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Christopher M Steed serves as Executive Director, with compensation of $132,878 as of April 2025.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRIS M STEED | EXECUTIVE DIRECTOR | 40 | $159,523 |
| HELEN B ATWOOD | DIRECTOR | 0.25 | $4,000 |
| A WARDLAW HAMRICK | DIRECTOR | 1 | $4,000 |
| ELAINE H SHIELDS | DIRECTOR | 0.25 | $4,000 |
| THOMAS J BADEN | DIRECTOR | 0.25 | $4,000 |
| MARY CARLISLE BENSON | DIRECTOR | 0.25 | $3,000 |
| ANSLEY H CHEATHAM | DIRECTOR | 0.25 | $4,000 |
| CATHERINE H HAMPTON | DIRECTOR | 0.25 | $4,000 |
| CHARLES F HAMRICK III | DIRECTOR | 0.25 | $4,000 |
| CHARLES F HAMRICK II | CHAIRMAN | 1 | $4,000 |
| LYMAN W HAMRICK | SECRETARY | 1 | $4,000 |
| W CARLISLE HAMRICK | TREASURER | 1 | $4,000 |
| CAMERON HAMRICK | DIRECTOR | 1 | $4,000 |
| SARAH KIRSCH | DIRECTOR | 1 | $4,000 |
Recent News & Activity
Recent developments and announcements
The Fullerton Foundation awarded a $300,000 grant to the Greenwood Genetic Center for its Innovation Initiative, demonstrating continued commitment to healthcare-related research and development initiatives.
Fullerton Foundation Awards $300,000 Grant For Greenville Genetic Center'sSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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