The Byerly Foundation
- Assets
- $20.2m
- Revenue
- $871.1k
- Investments
- $18.0m
- Employees
- 0
- Location
- Hartsville, SC
- Founding
- 01/1939
- Data as of
- 09/2021
- EIN
- 57-0324909
Organization Overview
The Byerly Foundation is located in Hartsville, SC. The organization was established in 1939. According to its NTEE Classification (T30) the organization is classified as: Public 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. Byerly Foundation 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 09/2021, Byerly Foundation generated $871.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $1.1m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Byerly Foundation has awarded 94 individual grants totaling $5,218,937. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARTSVILLE COMMUNITY DEVELOPMENT - THE FDN WILL SPONSOR FREE EDUCATIONAL EVENTS AND PUBLIC DISCUSSIONS TO ADDRESS COMMUNITY ISSUES & PROMOTE SOCIAL WELFARE IN HARTSVILLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard A Puffer Executive Dir | 40 | $60,000 | |
Casey Hancock Trustee | 1 | $0 | |
Orville Dyce Trustee | 1 | $0 | |
Susan Henderson Sec, Trustee | 1 | $0 | |
Terence Hassler Trustee | 1 | $0 | |
Linda Weatherford Trustee, Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,968 |
| Dividends & Interest | $422,225 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $429,874 |
| Capital Gain Net Income | $429,874 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,063 |
| Total Revenue | $871,130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $1,400 |
| Pension plans, employee benefits | $5,190 |
| Interest | $0 |
| Taxes | $27,000 |
| Depreciation | $5,335 |
| Occupancy | $13,815 |
| Travel, conferences, and meetings | $7,540 |
| Printing and publications | $530 |
| Other expenses | $67,808 |
| Total operating and administrative expenses | $224,311 |
| Contributions, gifts, grants paid | $900,000 |
| Total expenses and disbursements | $1,124,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $579,561 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $92,382 |
| Other assets | $0 |
| Total assets | $20,198,869 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Byerly Foundation has awarded $900,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BUTLER ACADEMY PURPOSE: CONTINUING OPERATIONS FUND | $275,000 |
Hartsville, SC PURPOSE: THE BUTLER HIGH GYM AND RESTROOM FACILITIES RESTORATION ASSISTANCE FUND | $207,500 |
Hartsville, SC PURPOSE: TO CONTINUE DEVELOPING THE NURSING MAJOR | $200,000 |
Hartsville, SC PURPOSE: TO AID NON-PROFITS IN THE HARTSVILLE AREA IN THEIR SUSTAINABILITY EFFORTS DURING THIS PANDEMIC | $100,000 |
Florence, SC PURPOSE: OPERATIONS FUND FOR THE DURANT CENTER IN HARTSVILLE | $50,000 |
SC GOVERNOR'S SCHOOL FOR SCIENCE AND MATHEMATICS PURPOSE: THE INCLUSION OF A HYDROPONICS LABORATORY AT GSSM PROJECT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
New Morning Foundation Columbia, SC | $9,598,750 | $10,587,010 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |
Make-A-Wish Foundation Of Georgia Inc Atlanta, GA | $3,516,569 | $5,599,948 |
Pbsa Community Engagement Inc Atlanta, GA | $11,515,237 | $4,451,967 |
Vertuassets Foundation Inc Alpharetta, GA | $9,269,385 | $6,216,167 |
Cherokee Preservation Foundation Inc Cherokee, NC | $54,218,085 | $8,542,068 |