# The Spartanburg County Foundation

The Spartanburg County Foundation is an Endowment / Foundation based in Spartanburg, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Spartanburg, United States
- **Region:** North America
- **Address:** Spartanburg, South Carolina, United States
- **Founded:** 1943
- **Assets under management:** $100M - $500M (Altss estimate)
- **Website:** spcf.org
- **LinkedIn:** https://www.linkedin.com/company/spartanburg-county-foundation

## Regulatory record

- **Reports private funds:** No

## About

The Spartanburg County Foundation was established in 1943 by Walter Scott Montgomery and a group of local civic leaders who recognized that a permanent charitable endowment could address the county's evolving needs. Now led by President and CEO Troy M. Hanna, with Chief Operating Officer Mary L. Thomas overseeing the Robert Hett Chapman III Center for Philanthropy, SCF has grown into a central civic institution managing an estimated $191 million in assets (Altss estimate). Ricky Richardson, a Morgan Stanley First Vice President, chairs the Board of Trustees. SCF allocates its endowment across multiple investment pools, including the SCF Growth Investment Pool and the SCF Moderate Investment Pool, reflecting a diversified asset-class mix intended to balance long-term purchasing power with annual grantmaking capacity. The foundation does not operate as a direct investor in private companies. Its deployment model centers on mission-aligned grantmaking across Spartanburg County — funding nonprofits, educational initiatives, and community health programs. The foundation's physical footprint includes its administrative building and the adjacent Center for Philanthropy, located on properties along East Kennedy Street in downtown Spartanburg. Team size and total grant deployment figures are not publicly disclosed. SCF participates in CF Insights, a community foundation benchmarking network, and maintains National Standards accreditation through the Council on Foundations — signaling adherence to governance and operational practices common among U.S. community foundations. Major donors include George Dean Johnson, who gifted the land for the Center for Philanthropy. The foundation operates the Robert Hett Chapman III Center for Philanthropy as a convening hub for local donors and nonprofits. SCF's structural differentiator lies in its community-foundation architecture: unlike family offices that serve a single wealth source, SCF aggregates charitable assets from numerous local families and deploys them through a competitive grantmaking process governed by a community board. This model makes the foundation a proxy for Spartanburg's broader civic capital, not any one family's legacy — a distinction that shapes both its investment time horizon and its accountability to public rather than private stakeholders.

## Sectors

- Education
- Healthcare Services
- Real Estate

## People

- Troy M. Hanna — President and CEO
- Mary L. Thomas — Chief Operating Officer and Executive Director of the Robert Hett Chapman III Center for Philanthropy
- Ricky Richardson — Chairman of the Board of Trustees; First Vice President at Morgan Stanley

## Questions

### Who governs the foundation's investment and grantmaking decisions?

A Board of Trustees governs SCF, chaired by Ricky Richardson of Morgan Stanley. The board oversees both investment policy and grantmaking strategy. Day-to-day operations are led by President and CEO Troy M. Hanna, with Mary L. Thomas serving as COO and directing the Center for Philanthropy.

### Does SCF accept additional donors, or is the corpus closed?

SCF actively accepts donations and opens new funds for individuals, families, businesses, and nonprofits. As a community foundation, it relies on continued donor contributions to grow its endowment and expand grantmaking capacity across Spartanburg County.

### What is the relationship between SCF and the Robert Hett Chapman III Center for Philanthropy?

The Center for Philanthropy is a facility operated by SCF, located on property donated by George Dean Johnson adjacent to the foundation's administrative building on East Kennedy Street. It serves as a convening space for donors, nonprofits, and community groups. Mary L. Thomas serves as its Executive Director.

## Related profiles

- [Summa Health](https://altss.com/profile/summa-health)
- [bi3 Fund](https://altss.com/profile/bi3-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/the-spartanburg-county-sc-foundation-scf

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology