Taylor Foundation Of Newberry Inc

Organization Overview

Taylor Foundation Of Newberry Inc is located in Newberry, SC. The organization was established in 1986. 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. Taylor Foundation Of Newberry 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 12/2022, Taylor Foundation Of Newberry Inc generated $42.8k 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 (4.0%) each year. All expenses for the organization totaled $57.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Taylor Foundation Of Newberry Inc has awarded 52 individual grants totaling $158,613. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $15,283
Interest on Savings $11,183
Dividends & Interest $16,165
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $177
Total Revenue $42,808

Grants Awarded

Over the last fiscal year, Taylor Foundation Of Newberry Inc has awarded $54,500 in support to 18 organizations.

Grant RecipientAmount

Newberry, SC

PURPOSE: CAPITAL

$20,000

PIEDMONT TECHNICAL COLLEGE

PURPOSE: SCHOLARSHIP

$6,000

Newberry, SC

PURPOSE: OPERATIONS

$5,300

MEDICAL UNIVERSITY OF SC

PURPOSE: SCHOLARSHIP

$5,000

NEWBERRY OPERA HOUSE

PURPOSE: OPERATIONS

$4,500

PRESBYTERIAN COLLEGE

Org PageRecipient Profile

Clinton, SC

PURPOSE: SCHOLARSHIP

$4,000
View Grant Profile

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