The Byerly Foundation has been making grants in Hartsville since the late 1990s. The Foundation was formed from the proceeds of the sale of The Byerly Hospital to a for-profit hospital company. The Board of the Hospital opted to form a private foundation and use the proceeds from that sale over time to help various projects across the Hartsville area. Today, the Foundation has just over $22 million invested and it distributes grants equal to five percent of the assets on an annual basis.
BYERLY FOUNDATION ANNOUNCES GRANT CYCLE
This week the Foundation announced that it has opened the grant cycle for the 2014/2015 grant making year. Grants will be accepted through July 21 and the Board of The Foundation will be discussing the grants at meetings during the summer and early fall. Here is the announcement of the grantmaking process: