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 2024. As of 2024, the organization holds $344K in total assets. In 2024, it awarded 12 grants totaling $17K. Net investment income was $66K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$344K
+15.9% YoY
Annual Giving
$17K
-8.1% YoY
Grant Count
12
+71.4% YoY
Avg Grant Size
$1K
-46.4% YoY
Under IRS private-foundation payout rules, The Grove Foundation Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About The Grove Foundation Inc
Based on IRS filings
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 2024. As of 2024, the organization holds $344K in total assets. In 2024, it awarded 12 grants totaling $17K. Net investment income was $66K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $343,954 | $296,822 | $291,595 |
| Revenue | $66,475 | $25,904 | $310,197 |
| Expenses | $19,343 | $20,677 | $18,602 |
| Qualifying Distributions | $18,983 | $20,677 | $18,602 |
| Net Investment Income | $66,115 | $25,904 | $97 |
| Distributable Amount | $15,754 | — | $4,931 |
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
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kids on Point ($11,950), MANNA FoodBank ($2,200), Pet Helpers ($1,030).
| Recipient | Purpose | Amount |
|---|---|---|
| ETV Endowment of SC Spartanburg, SC | Contribution to general fund | $240 |
| Kids on Point Charleston, SC | Contribution to general fund | $11,950 |
| Alzeheimer's Association Charlotte, NC | Contribution to General Fund | $120 |
| American Foundation Suicide Prevent West Columbia, SC | Contribution to General Fund | $500 |
| Charleston Library Society Charleston, SC | Contribution to General Fund | $500 |
| Circle de Luz Charlotte, NC | Contribution to General Fund | $125 |
| Gibbes Museum of Art Charleston, SC | Contribution to General Fund | $150 |
| MANNA FoodBank Asheville, NC | Contribution to General Fund | $2,200 |
| Operation Home North Charleston, SC | Contribution to General Fund | $518 |
| Pet Helpers Charleston, SC | Contribution to General Fund | $1,030 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Clifford Woods | President | — | — |
| Susan Woods | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 $344K in total assets as of 2024.
How large is The Grove Foundation Inc?
As of 2024, The Grove Foundation Inc holds $344K in total assets with $66K in annual revenue. It awarded 12 grants totaling $17K in 2024.
Where does The Grove Foundation Inc operate?
The Grove Foundation Inc has awarded grants in District of Columbia, Florida, Hawaii, North Carolina, South Carolina.
What size grants does The Grove Foundation Inc award?
In 2024, The Grove Foundation Inc awarded 12 grants totaling $17K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Grove Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Grove Foundation Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Grove Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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