Darnall W Boyd Foundation Inc
- Assets
- $0.0
- Revenue
- $6.2m
- Investments
- $139.7m
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 09/2010
- Data as of
- 12/2020
- EIN
- 27-2559583
Organization Overview
Darnall W Boyd Foundation Inc is located in Columbia, SC. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Darnall W Boyd Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Darnall W Boyd Foundation Inc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 37.9% each year . All expenses for the organization totaled $7.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Darnall W Boyd Foundation Inc has awarded 84 individual grants totaling $27,995,091. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George S Bailey President | 25 | $170,200 | |
Joseph P Wilczewski Treasurer | 25 | $129,000 | |
Taylor Boyd Director | 0.5 | $58,000 | |
Johnson Small Director | 0.5 | $48,500 | |
Walter Taylor Director | 0.5 | $48,500 | |
Darnall Bailey Director | 0.5 | $48,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $388,355 |
| Dividends & Interest | $841,480 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,492,487 |
| Total Revenue | $6,239,520 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $492,950 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,102,516 |
| Contributions, gifts, grants paid | $6,130,411 |
| Total expenses and disbursements | $7,232,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $472,293 |
| Investments—mortgage loans | $0 |
| Investments—other | $139,744,143 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Darnall W Boyd Foundation Inc has awarded $6,638,327 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Columbia, SC PURPOSE: CHARITABLE CONTRIBUTION TO ASSIST IN ORGANIZATION'S CHARITABLE PURPOSE | $2,075,736 |
Columbia, SC PURPOSE: CHARITABLE CONTRIBUTION TO ASSIST IN ORGANIZATION'S CHARITABLE PURPOSE | $1,750,000 |
Columbia, SC PURPOSE: CHARITABLE CONTRIBUTION TO ASSIST IN ORGANIZATION'S CHARITABLE PURPOSE | $947,852 |
Lexington, VA PURPOSE: CHARITABLE CONTRIBUTION TO ASSIST IN ORGANIZATION'S CHARITABLE PURPOSE | $712,500 |
Arlington, VA PURPOSE: CHARITABLE CONTRIBUTION TO ASSIST IN ORGANIZATION'S CHARITABLE PURPOSE | $493,422 |
Columbia, SC PURPOSE: CHARITABLE CONTRIBUTION TO ASSIST IN ORGANIZATION'S CHARITABLE PURPOSE | $228,705 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Darnall W Boyd Foundation Inc Columbia, SC | $0 | $6,239,520 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Williams Brice Edwards Charitable Trust Sumter, SC | $57,951,375 | $6,028,487 |