An extraordinarily private individual, John D. Hollingsworth, Jr. established Hollingsworth Funds, a type-1 supporting organization, in 1976 as a means to provide support to the people of his adopted hometown. Upon his death in 2000, the bulk of his self-made textile and real estate fortune passed to Hollingsworth Funds. Under provisions of the trust documents, 45% of the annual distributions are designated to Furman University, 10% to the YMCA of Greenville and 45% to a class of organizations described as any 501(c)3 public charity benefitting Greenville County.
The vision of Hollingsworth Funds is a vibrant and successful Greenville County where everyone has a meaningful opportunity to achieve their highest potential. They primarily seek to ensure that low-wealth people in Greenville County have the opportunity and pathways to participate in a prosperous society. Hollingsworth Funds believes that systems-level change over the long-term has the best chance to make a positive, lasting impact on upward mobility in the community. The organization's approach is to invest the philanthropic capital in multi-stakeholder initiatives that bring public, private, nonprofit and community stakeholders together to participate in dialogue, research and data analysis, decision-making and implementation of solutions to common outcomes.
Where is Hollingsworth Funds