The Stringer Foundation
The Stringer Foundation is a private foundation focused on Philanthropy, based in Anderson, SC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $549K in total assets. In 2025, it awarded 3 grants totaling $39K. Net investment income was $33K.
The Stringer Foundation at a glance
In short: The Stringer Foundation gave $39K across 3 grants in 2025 (avg $13K), mostly in South Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $39,059
- -32.6% vs 2024
- Grants made (2025)
- 3
- -40.0% vs 2024
- Average grant
- $13,020
- +12.3% vs 2024
- Median grant
- $14,500
- Total assets
- $549,424
- -1.4% vs 2024
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Stringer Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Favor Upstate ($20K). Together the top 3 received $39K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How The Stringer Foundation gives
- Giving fell 37% from 2022 to 2025. Method
- In 2025 it paid out 65% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $25K (2020) to $62K (2022). In 2025 it made 3 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Favor Upstate Greenville, SC | Community | $20,000 |
| Anderson University Anderson, SC | Educational | $14,500 |
| St John's United Methodist Church Anderson, SC | Community/Religious | $4,559 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $549,424 | $40,319 | $48,028 | $39,059 | 3 | $41,310 | $33,199 | $63,759 |
| 2024 | $557,133 | $39,768 | $67,105 | $57,991 | 5 | $60,150 | $32,325 | $58,468 |
| 2023 | $584,470 | $36,302 | $61,585 | $52,189 | 4 | $54,335 | $35,354 | $50,649 |
| 2022 | $610,294 | $55,602 | $75,649 | $61,676 | 3 | $65,103 | $44,514 | $57,222 |
| 2021 | $630,435 | $40,864 | $43,748 | $30,367 | 3 | $33,659 | $30,681 | $55,246 |
| 2020 | $634,263 | $52,810 | $38,769 | $25,269 | 3 | — | $41,454 | $42,816 |
Under IRS private-foundation payout rules, The Stringer Foundation reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Stringer Foundation is led by Robert M. Rainey, President & Chairman on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert M. Rainey
President & Chairman
On filings since 2020
3 hrs/week
No compensation reported
Mary R. Belser
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Catherine D. Rainey
Trustee
On filings since 2022
0.5 hrs/week
No compensation reported
Stanley W. Converse
Trustee
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Nancy R. Crowley (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Stringer Foundation
How much does The Stringer Foundation give each year?
The Stringer Foundation gave $39K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $58K across 5 grants.
What is The Stringer Foundation's typical grant size?
The Stringer Foundation's median grant in 2025 was $14,500, and its average grant was $13,020, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Stringer Foundation give grants?
The Stringer Foundation gives mostly in South Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Anderson, SC (2 grants).
Does The Stringer Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Stringer Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is The Stringer Foundation?
The Stringer Foundation reported $549K in total assets on its 2025 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $64K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Stringer Foundation?
The Stringer Foundation is a private foundation focused on Philanthropy, based in Anderson, SC. It holds $549K in total assets as of 2025.
What is The Stringer Foundation's EIN?
The Stringer Foundation's EIN (Employer Identification Number) is 57-6022719. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 2, 2026)
- IRS filings on file for fiscal years 2020–2024
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