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EIN 57-1003814

Hollingsworth Funds

IRS 501(c) type
501(c)(3)
Num. employees
9
City
Greenville
State
South Carolina
Year formed
1977
Most recent tax filings
2023-12-01
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
$10,530,144
2023
Total expenses
$16,157,579
2023
Total assets
$394,202,076
2023
Num. employees
9
2023

Program areas at Hollingsworth Funds

A cash grant of 5,181,139 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 1,235,538 was made to the ymca of greenville county to be used to support the activities of the organization. The remaining Funds of 5,039,899 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$5,181,139
Young Men's Christian Association (YMCA)General Operating Support$1,235,538
United Way of Greenville CountyGeneral Operating Support for Ontrack$500,000
...and 46 more grants made totalling $10,906,576

Personnel at Hollingsworth Funds

NameTitleCompensation
Gage WeekesPresident and Chief Executive Officer
Pam PrashadVice President , Finance and Operations
Pamela M PrashadVice President of Finance and Operations$158,000
Tamela SpannVice President , Community Investments$165,000
Brooke HarmonController
...and 7 more key personnel

Financials for Hollingsworth Funds

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$5,433,440
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,966,745
Net gain from sale of non-inventory assets$2,740,611
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$389,348
Total revenues$10,530,144

Form 990s for Hollingsworth Funds

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122022-03-28990View PDF
...and 10 more Form 990s
Data update history
January 15, 2025
Used new vendors
Identified 1 new vendor, including
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
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Funds one specific organizationProvides grantsOperates 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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