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    3. Companion Foundation

    Companion Foundation

    ActiveHousing & Shelter
    CHARLESTON, SC
    EIN (Tax ID): 20-3050085Latest Form 990: 2025Total assets: $20.9M4 filings on record

    About Companion Foundation

    The Companion Foundation concentrates its giving locally in and around Charleston, SC, with a strong emphasis on cultural and educational institutions alongside a secondary interest in health/faith-based healing and international orphan/poverty relief. It tends to fund well-established Charleston cultural nonprofits (library, literary festival) and independent K–12 education, while also making occasional smaller donations to health ministries and overseas relief groups.

    Focus Areas

    Historic Charleston cultural institutions (e.g., Charleston Library Society)Charleston literary and arts festivalsIndependent/classical K–12 schooling in the Charleston regionFaith-based or holistic healing charitiesOrphan relief and small international poverty-alleviation groups

    Giving Approach

    Concentrated, mostly local philanthropy: a few mid-to-large one-time contributions (several $20k–$50k gifts) to signature Charleston cultural and education organizations, supplemented by smaller donations and occasional repeat support to select health/faith-based grantees.

    Funding Style

    one-time monetary contributions

    About Companion Foundation

    Companion Foundation’s largest recent grant went to Charleston Library Society, a $50,000 contribution that signals how central Charleston cultural institutions are to its giving. The foundation also backed the Charleston Literary Festival with $25,000 and Charleston Classical School with $20,000, showing a pattern of support for literary, arts, and independent education organizations in the Charleston region. Smaller grants extend that same local orientation to groups such as Dragon Boat Charleston and Coastal Community Foundation, while the recipient list also includes faith-linked and relief-oriented charities. The foundation’s overall grantmaking is modest in scale, with annual giving of $156,827 and a typical grant size in the low thousands, which points to a mix of a few larger anchor gifts and many smaller contributions. Its recent activity also includes repeat support for some recipients across more than one year, including The Healing Net Foundation and Kanpe Haiti, suggesting some continuity alongside one-time gifts. Across the available grants, all recipients are in the United States.

    What Companion Foundation Funds

    Historic Charleston cultural institutions are a clear priority. Companion Foundation gave $50,000 to Charleston Library Society for a contribution and $25,000 to Charleston Literary Festival for a contribution, pairing a library-centered grant with support for a literary event. Education is another visible strand: Charleston Classical School received $20,000 for a contribution, reflecting the foundation’s interest in independent K–12 schooling in the Charleston region. The foundation also funds faith-based or holistic healing work, including a $25,000 donation to The Healing Net Foundation for 2025 and a $5,000 donation in 2024. Relief-oriented giving appears as well, with a $10,000 contribution to Midlands Orphan Relief and a $1,800 donation to Kanpe Haiti.

    How Companion Foundation Gives

    Typical grants cluster in the low-thousands, with p25 at $1,381, a median of $2,588, and p75 at $3,794. That distribution sits alongside a few much larger awards, so the foundation appears to use both anchor contributions and smaller gifts. The recent list also shows repetition across years for some recipients: The Healing Net Foundation appears in 2024 and 2025, and Kanpe Haiti appears in 2024 and 2025. The foundation gives one-time monetary contributions and donations rather than program-related investments, and it does not fund individuals. The available data does not show an application process.

    Financial Snapshot

    Annual Giving

    $152K

    Total Assets

    $20.9M

    Total Revenue

    $6.3M

    Total Expenses

    $6.8M

    Typical Grant Size

    Most grants fall between $1K and $4K, with a median of $3K.

    25th Percentile

    $1K

    Median

    $3K

    75th Percentile

    $4K

    Geographic Reach

    Regional3 states funded
    Funding intensity
    Low
    High
    Headquarters

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    unrestricted/undesignated donations
    miscellaneous/small gifts

    Notable grantees: Charleston Library Society, Charleston Literary Festival, Charleston Classical School, The Healing Net Foundation, Midlands Orphan Relief

    Topics

    general philanthropic givingdonor contributions/donations processingmiscellaneous donation intake

    Where Companion Foundation Makes Grants

    Companion Foundation gives primarily in South Carolina, which accounts for 50% of recipient grants and is also the top state by grant count. Charleston and North Charleston appear repeatedly in the recent grants list, along with West Columbia and Goose Creek, indicating a strong Charleston-area footprint with some broader in-state reach. Outside South Carolina, recent grants went to Nashville, Tennessee, and Tulsa, Oklahoma. All listed recipient grants in the provided data are in the United States.

    Frequently Asked Questions About Companion Foundation

    What size grants does Companion Foundation عادة make?

    Typical grants are small, with a p25 of $1,381, a median of $2,588, and a p75 of $3,794. The recent list also includes larger exceptions, including a $50,000 grant and several gifts in the $20,000 to $25,000 range.

    Which kinds of organizations does Companion Foundation support?

    Recent grants show support for Charleston cultural institutions, a literary festival, an independent school, faith-based or holistic healing charities, and orphan-relief groups. The named recipients include Charleston Library Society, Charleston Literary Festival, Charleston Classical School, The Healing Net Foundation, and Midlands Orphan Relief.

    Does Companion Foundation make repeat grants?

    Yes. The recent data shows The Healing Net Foundation receiving support in both 2024 and 2025, and Kanpe Haiti appearing in both years as well. That suggests some continued relationship with selected recipients rather than entirely one-time giving.

    Where does Companion Foundation give most often?

    South Carolina is the top state by grant count, and 50% of recipient grants go to organizations in the foundation’s headquarters state. Recent in-state recipients include Charleston Library Society, Charleston Literary Festival, Charleston Classical School, Midlands Orphan Relief, and Dragon Boat Charleston.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    CHARLESTON LIBRARY SOCIETYCHARLESTON, SC$50,0002025CONTRIBUTION
    CHARLESTON LITERARY FESTIVALCHARLESTON, SC$25,0002025CONTRIBUTION
    THE HEALING NET FOUNDATIONNASHVILLE, TN$25,0002025DONATION
    CHARLESTON CLASSICAL SCHOOLNORTH CHARLESTON, SC$20,0002025CONTRIBUTION
    MIDLANDS ORPHAN RELIEFWEST COLUMBIA, SC$10,0002025CONTRIBUTION
    COASTAL COMMUNITY FOUNDATIONNORTH CHARLESTON, SC$7,5002025CONTRIBUTION
    FISHER DEBERRY FOUNDATIONTULSA, OK$5,0002025CONTRIBUTION
    CAPSTONE LEGACY FOUNDATIONCHARLESTON, SC$5,0002025DONATION
    KANPE HAITIGOOSE CREEK, SC$1,8002025DONATION
    DRAGON BOAT CHARLESTONCHARLESTON, SC$1,3002025CONTRIBUTION
    MISCMISC, SC$5522025MISC DONATIONS
    NCANFORT MILL, SC$5002025CONTRIBUTIONS
    THE HEALING NET FOUNDATIONNASHVILLE, TN$5,0002024DONATION
    KANPE HAITIGOOSE CREEK, SC$1752024DONATION

    CHARLESTON LIBRARY SOCIETY

    $50,000
    CHARLESTON, SC2025

    CONTRIBUTION

    CHARLESTON LITERARY FESTIVAL

    $25,000
    CHARLESTON, SC2025

    CONTRIBUTION

    THE HEALING NET FOUNDATION

    $25,000
    NASHVILLE, TN2025

    DONATION

    CHARLESTON CLASSICAL SCHOOL

    $20,000
    NORTH CHARLESTON, SC2025

    CONTRIBUTION

    MIDLANDS ORPHAN RELIEF

    $10,000
    WEST COLUMBIA, SC2025

    CONTRIBUTION

    COASTAL COMMUNITY FOUNDATION

    $7,500
    NORTH CHARLESTON, SC2025

    CONTRIBUTION

    FISHER DEBERRY FOUNDATION

    $5,000
    TULSA, OK2025

    CONTRIBUTION

    CAPSTONE LEGACY FOUNDATION

    $5,000
    CHARLESTON, SC2025

    DONATION

    KANPE HAITI

    $1,800
    GOOSE CREEK, SC2025

    DONATION

    DRAGON BOAT CHARLESTON

    $1,300
    CHARLESTON, SC2025

    CONTRIBUTION

    MISC

    $552
    MISC, SC2025

    MISC DONATIONS

    NCAN

    $500
    FORT MILL, SC2025

    CONTRIBUTIONS

    THE HEALING NET FOUNDATION

    $5,000
    NASHVILLE, TN2024

    DONATION

    KANPE HAITI

    $175
    GOOSE CREEK, SC2024

    DONATION