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EIN 57-1003814

Hollingsworth Funds

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Greenville
State
South Carolina
Year formed
1977
Most recent tax filings
2022-12-01
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
Description
Hollingsworth Funds supports Furman University, the YMCA of Greenville, and other public charities. It awarded a cash grant of $4,495,645 to Furman University for the Hollingsworth Scholars Program and expenses for the department of business and economics. It also awarded a cash grant of $1,072,069 to the YMCA of Greenville.
Related structure
Hollingsworth Funds is a subordinate organization under Furman University.
Total revenues
$12,829,828
2022
Total expenses
$14,906,078
2022
Total assets
$375,756,696
2022
Num. employees
8
2022

Program areas at Hollingsworth Funds

A cash grant of 4,902,981 was made to furman university and was designated to be used for the Hollingsworth scholars program and to be used for various expenses of the department of business and economics.a cash grant of 1,169,205 was made to the ymca of greenville county to be used to support the activities of the organization. The remaining Funds of 4,769,324 were distributed to different tax-exempt charitable organizations to meet various unfunded needs in greenville county.

Grants made by Hollingsworth Funds

GranteeGrant descriptionAmount
Furman UniversityGeneral Operating Support$4,902,981
Young Men's Christian Association (YMCA)General Operating Support$1,169,205
United Way of Greenville CountyGeneral Operating Support for Ontrack$500,000
...and 46 more grants made totalling $10,591,510

Personnel at Hollingsworth Funds

NameTitleCompensation
Gage WeekesPresident and Chief Executive Officer / Senior Vice President , Strategic Initiatives
W Kenneth HuntChief Financial Officer$281,484
Pam PrashadVice President , Finance and Operations / Controller
Pamela M PrashadVice President of Finance and Operations$158,000
Tamela SpannVice President , Community Investments / Vice President , Strategic Initiatives / Vice President of Strategic Initiative / Manager , Strategic Initiatives$165,000
...and 7 more key personnel

Financials for Hollingsworth Funds

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$3,422,784
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,078,077
Net gain from sale of non-inventory assets$6,321,515
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,007,452
Total revenues$12,829,828

Form 990s for Hollingsworth Funds

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122022-03-28990View PDF
2018-122020-02-04990View PDF
...and 9 more Form 990s
Data update history
January 16, 2024
Updated personnel
Identified 1 new personnel
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Funds one specific organizationOperates internationallyState / local levelTax deductible donationsAccepts online donations
General information
Address
124 Verdae Blvd 502
Greenville, SC 29607
Metro area
Greenville-Anderson, SC
County
Greenville County, SC
Website URL
hollingsworthfunds.org/ 
Phone
(864) 627-8306
IRS details
EIN
57-1003814
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T11: Philanthropy, Voluntarism and Grantmaking Foundations Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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