The South Carolina State Capitol

Form 990-PFTax year 2025EIN 56-6060705

J B Cornelius Foundation

A private foundation in Greenwood, SC. Its return for tax year 2025 lists 3 grants and $95,250 paid in grants.

Tax year 2025 (period ending Apr 30, 2026), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $95,250

    Grants listed
    3
    Assets, end of year
    $1,691,982
  • Tax year 2024

    $83,000

    Grants listed
    3
    Assets, end of year
    $1,662,983
  • Tax year 2023

    $97,000

    Grants listed
    2
    Assets, end of year
    $1,652,577
  • Tax year 2022

    $95,000

    Grants listed
    2
    Assets, end of year
    $1,640,691
  • Tax year 2021

    $109,000

    Grants listed
    2
    Assets, end of year
    $1,661,817
  • Tax year 2020

    $105,000

    Grants listed
    2
    Assets, end of year
    $1,656,764

Grants paid in 2025

3 grants, largest first

As listed on the return.

  1. Greensboro CollegeGreensboro, NC

    To provide grants to female students

    $67,500
  2. Pfeiffer UniversityMisenheimer, NC

    To provide grants to female students

    $26,250
  3. Brevard CollegeBrevard, NC

    To provide grants to female students

    $1,500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education3 grants $95,250100% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina3 grants $95,250

Officers, directors and trustees

7 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Frank C Sherrill IIPRESIDENT Hours 2.5Pay $0
  • C Kermit SherrillTREASURER Hours 2.5Pay $15,000
  • Mrs Edwin S YoungDIRECTOR Hours 0Pay $0
  • Edwin S Young JrDIRECTOR Hours 0Pay $0
  • John L Sherrill JrDIRECTOR Hours 0Pay $0
  • Patti StedhensDIRECTOR Hours 0Pay $0
  • Henry YoungDIRECTOR Hours 0Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Julia Porter Scurry Family FoundationGreenwood, SC 16 grants Preselected only $60,536 giving
  2. The Callie and John Rainey FoundationAnderson, SC 8 grants Accepts applications $96,250 giving
  3. John and Jane Ellsworth Family FoundationSheldon, SC 4 grants Preselected only $92,000 giving
  4. John A White Family Foundation IncHilton Head, SC 5 grants Preselected only $91,000 giving
  5. The Riehm Family Foundation IncMount Pleasant, SC 13 grants Accepts applications $100,000 giving