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EIN 57-6019445

Abney Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Anderson
State
South Carolina
Year formed
1959
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Abney Foundation was originally formed in 1957 by Mrs. Susie Mathews Abney, widow of Mr. John Pope Abney, the founder of Abney Mills in Greenwood, SC. At that time, five trustees, including Mrs. Abney, were appointed to govern the trust. The principal office was located in Greenwood, SC. At her death in 1969, Mrs. Abney left a sizeable bequest to The Abney Foundation. The mission of The Abney Foundation is to aid organizations that are operated exclusively for educational, religious, charitable, scientific, and literary purposes. The highest priority is placed on higher education.
Total revenues
$4,957,789
2022
Total expenses
$3,048,638
2022
Total assets
$42,946,743
2022
Num. employees
0
2022

Grants made by Abney Foundation

GranteeGrant descriptionAmount
Anderson University (AU)Scholarship Endowment$200,000
Claflin UniversityScholarship Endowment$150,000
Presbyterian CollegeScholarship Endowment$100,000
...and 20 more grants made totalling $875,000

Personnel at Abney Foundation

NameTitleCompensation
Carl T EdwardsExecutive Director Eme$41,177
Lisa C McWherterVice Chair$168,748
Bonnie K NashSecretary and Treasurer$103,650

Financials for Abney Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$21,500
Investment income and dividends$832,775
Net rental income$0
Net gain from sale of non-inventory assets$4,103,514
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,957,789

Form 990s for Abney Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-12-29990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-10-12990PFView PDF
2018-122019-12-31990PFView PDF
...and 7 more Form 990s

Organizations like Abney Foundation

OrganizationLocationRevenue
Sunshine Lady FoundationLebanon, TN$2,046,671
The Rogers FoundationLas Vegas, NV$1,932,442
Womens Independence Scholarship ProgramWilmington, NC$1,582,154
The Aleut FoundationAnchorage, AK$1,761,924
Companion FoundationCharleston, SC$5,916,273
KMR Group FoundationVancouver, WA$3,570,794
George & Mary Josephine Hamman FoundationHouston, TX$5,639,254
Clarence T C Ching FoundationHonolulu, HI$3,151,195
Baumberger EndowmentSan Antonio, TX$1,559,434
Slemp FoundationWilmington, DE$14,620,097
Data update history
January 24, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 24, 2024
Updated personnel
Identified 1 new personnel
January 17, 2024
Updated personnel
Identified 1 new personnel
June 26, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 20, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
100 Vine St
Anderson, SC 29621
Metro area
Greenville-Anderson, SC
County
Anderson County, SC
Website URL
abneyfoundation.org/ 
Phone
(864) 964-9201
Facebook page
the-abney-foundation 
IRS details
EIN
57-6019445
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1959
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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