The Grove Foundation Inc

Foundation · Grantmaker Charleston, SC EIN: 92-0326667

The Grove Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charleston, SC. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $373K in total assets. In 2025, it awarded 18 grants totaling $28K. Net investment income was $58K.

Key facts about The Grove Foundation Inc

In short: The Grove Foundation Inc gave $28K across 18 grants in 2025 (avg $2K), mostly in South Carolina. Source: 2025 IRS Form 990-PF.

EIN
92-0326667
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$27,557
Grants made (2025)
18
Average grant
$1,531
Median grant
$516
Total assets
$373,029
Primary geography
South Carolina (69% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$373K

+8.5% YoY

Annual Giving

$28K

+57.8% YoY

Grant Count

18

+50.0% YoY

Avg Grant Size

$2K

+5.2% YoY

Under IRS private-foundation payout rules, The Grove Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

How The Grove Foundation Inc gives

  • 28% of 2025 grantees were also funded in 2024. Method
  • Giving grew 174% from 2022 to 2025. Method
  • In 2025 it paid out 181% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 18 itemized 2025 grant dollars.

Cities

CharlestonSpartanburgAshevilleCharlotteWest ColumbiaBostonCocoa BeachColumbiaHoustonJacksonvilleKapoleiMontgomeryMyrtle BeachNorth CharlestonOxnardRaleighSan FranciscoSanta MonicaTampaWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants20227 grants202312 grants202418 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Kids on Point: $14KKids on Point$14KMassachusetts General Hospital: $5KMassachusetts General Hospital$5KCharleston Library Society: $1KCharleston Library Society$1KInternational African American Muse: $1KInternational African AmericanMuse$1KEqual Justice Initiative: $1KEqual Justice Initiative$1KMiddleton Place Historic Site: $1KMiddleton Place Historic Site$1KGlaucomaorg: $538Glaucomaorg$538KCRW: $520KCRW$520MANNA FoodBank: $516MANNA FoodBank$516Lowcountry Food Bank: $515Lowcountry Food Bank$515

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Kids on Point Charleston, SCContribution to general fund$13,886
Massachusetts General Hospital Boston, MAContribution to the General Fund.$5,000
Charleston Library Society Charleston, SCContribution to General Fund$1,016
International African American Muse Charleston, SCContribution to General Fund$1,000
Equal Justice Initiative Montgomery, ALContribution to the General Fund.$1,000
Middleton Place Historic Site Charleston, SCContribution to the General Fund.$1,000
Glaucomaorg San Francisco, CAContribution to the General Fund.$538
KCRW Santa Monica, CAContribution to the General Fund.$520
MANNA FoodBank Asheville, NCContribution to General Fund$516
Lowcountry Food Bank Myrtle Beach, SCContribution to the General Fund.$515

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2022202320242025
Metric202520242023
Total Assets$373,029$343,954$296,822
Revenue$60,092$66,475$25,904
Expenses$31,017$19,343$20,677
Qualifying Distributions$29,169$18,983$20,677
Net Investment Income$58,244$66,115$25,904
Distributable Amount$16,138$15,754—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 19, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
  4. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
  5. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  6. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 19, 2024)
  7. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
  8. Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
  9. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

The Grove Foundation Inc is led by Clifford Woods, President on every filing since 2022; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Clifford Woods

    President

    On filings since 2022

    No compensation reported

  • Susan Woods

    Treasurer

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Grove Foundation Inc

How much does The Grove Foundation Inc give each year?

The Grove Foundation Inc gave $28K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $17K across 12 grants.

What is The Grove Foundation Inc's typical grant size?

The Grove Foundation Inc's median grant in 2025 was $516, and its average grant was $1,531, across 18 grants on its 2025 IRS Form 990-PF.

Where does The Grove Foundation Inc give grants?

The Grove Foundation Inc gives mostly in South Carolina: 69% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (18%) and California (6%). The most frequent recipient cities were Charleston, SC (7 grants).

Does The Grove Foundation Inc give general operating support?

Yes: 100% of The Grove Foundation Inc's 2025 grants with a stated purpose (18 of 18) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Grove Foundation Inc's largest grantees?

The Grove Foundation Inc's largest 2025 grantees include Kids on Point ($13,886), Massachusetts General Hospital ($5,000) and Charleston Library Society ($1,016), according to its 2025 IRS Form 990-PF. Together they received 72% of its itemized 2025 grant dollars.

How large is The Grove Foundation Inc?

The Grove Foundation Inc reported $373K in total assets on its 2025 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is The Grove Foundation Inc?

The Grove Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charleston, SC. It holds $373K in total assets as of 2025.

What is The Grove Foundation Inc's EIN?

The Grove Foundation Inc's EIN (Employer Identification Number) is 92-0326667. IRS Form 990 filing data is available on this page for 2022–2025.

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

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