Dimmitt Garrison Foundation
- Assets
- $4.0m
- Revenue
- $191.6k
- Investments
- $3.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1995
- Data as of
- 12/2022
- EIN
- 74-2739657
Organization Overview
Dimmitt Garrison Foundation is located in Dallas, TX. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dimmitt Garrison Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Dimmitt Garrison Foundation generated $191.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $571.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dimmitt Garrison Foundation has awarded 98 individual grants totaling $1,151,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie D Garrison Pres/dir | 2 | $10,000 | |
Martha G Depasquale Dir/sec | 1 | $5,000 | |
Robert M Johnson Dir | 1 | $0 | |
Samuel Malcolm Garrison Dir/treas | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $106,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $85,577 |
| Capital Gain Net Income | $85,577 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $191,606 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,632 |
| Interest | $0 |
| Taxes | $12,592 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $71,036 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $571,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $168,001 |
| Net Accounts receivable | $6,244 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,983,894 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Dimmitt Garrison Foundation has awarded $200,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY TALK PURPOSE: CHRISTIAN ADVICE | $5,000 |
BAYLOR SCOTT & WHITE CENTRAL TX FOUNDATION PURPOSE: CHILDREN'S HEALTH | $10,000 |
FOCUS ON THE FAMILY PURPOSE: CHRISTIAN ADVICE | $25,000 |
MUSEUM OF THE BIBLE PURPOSE: RELIGIOUS | $25,000 |
HEALY-MURPHY CENTER PURPOSE: CHILD WELFARE | $7,000 |
SAMARITAN'S PURSE PURPOSE: DISASTER RELIEF | $25,000 |