A n extraordinarily private individual, John D. Hollingsworth, Jr. established Hollingsworth Funds Inc. a charitable supporting organization, in 1976 as a means to provide anonymous support to the people of his adopted hometown. Upon his death in 2000, the bulk of his self-made textile and real estate fortune—valued at some $290 million—passed to Hollingsworth Funds. Under provisions of the trust documents, 45% of the annual distributions are designated for Furman University, 10% to the YMCA of Greenville and 45% to 501(c)(3) public charities operating for the benefit of Greenville County. Since that time, Hollingsworth Funds has faithfully performed its responsibility,
distributing more than $42 million to named beneficiaries and other Greenville nonprofit organizations. In addition to charitable distributions, the sale and development of Hollingsworth Funds real estate has also brought about significant economic development and opportunity for the Greenville area. Already, there’s the Millennium Campus, the Clemson University International Center for Automotive Research, the Shops at Greenridge and the 1,100-acre master planned development known as Verdae.