Mary Black Foundation Inc

Organization Overview

Mary Black Foundation Inc is located in Spartanburg, SC. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.

For the year ending 12/2019, Mary Black Foundation Inc generated $6.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $5.8m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mary Black Foundation Inc has awarded 376 individual grants totaling $19,460,035. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aon Hewitt Consulting
$120,000
University Of South Carolina
$90,249
It Pros
$53,999
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,605,276
Interest on Savings $64
Dividends & Interest $304,180
Net Rental Income$58,265
Net Gain on Sale of Assets $2,176,677
Capital Gain Net Income $2,579,141
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,967,850
Total Revenue $6,243,326

Grants Awarded

Over the last fiscal year, Mary Black Foundation Inc has awarded $3,926,710 in support to 80 organizations.

Grant RecipientAmount

SPARTANBURG COUNTY FIRST STEPS

PURPOSE: THE FRANKLIN SCHOOL

$450,000

MIDDLE TYGER COMMUNITY CENTER

Org PageRecipient Profile

Lyman, SC

PURPOSE: MULTI-GENERATIONAL SUPPORT FOR VULNERABLE CHILDREN AND FAMILIES

$225,000

PARTNERS FOR ACTIVE LIVING

Org PageRecipient Profile

Spartanburg, SC

PURPOSE: URBAN TRAILS SYSTEM

$200,000

THE SPARTANBURG COUNTY FOUNDATION

Org PageRecipient Profile

Spartanburg, SC

PURPOSE: NORTHSIDE NEIGHBORHOOD FUND

$200,000

PARTNERS FOR ACTIVE LIVING

Org PageRecipient Profile

Spartanburg, SC

PURPOSE: 2019 KEY PARTNER FUNDING

$182,250

SPARTANBURG COUNTY FIRST STEPS

PURPOSE: 2020 KEY PARTNER FUNDING

$166,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mary Black Foundation Inc has recieved totaling $132,158.

Awarding OrganizationAmount
Childrens Trust Fund Of South Carolina

Columbia, SC

PURPOSE: DIRECT SERVICE PROVISION

$132,158
View Grant Recipient Profile

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