Garrett Family Ever Forward Foundation
- Assets
- $19.1m
- Revenue
- $526.8k
- Investments
- $17.3m
- Employees
- 0
- Location
- North Wilkesboro, NC
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-2570406
Organization Overview
Garrett Family Ever Forward Foundation is located in North Wilkesboro, NC. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public 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. Garrett Family Ever Forward 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, Garrett Family Ever Forward Foundation generated $526.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Garrett Family Ever Forward Foundation has awarded 48 individual grants totaling $2,179,300. 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 |
|---|---|---|---|
John Keith Garrett Director | 1 | $0 | |
Leasa Felts Garrett Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,319 |
| Dividends & Interest | $394,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,731 |
| Capital Gain Net Income | $107,731 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $526,777 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,586 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,997 |
| Total operating and administrative expenses | $125,624 |
| Contributions, gifts, grants paid | $1,047,000 |
| Total expenses and disbursements | $1,172,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,807,100 |
| Net Accounts receivable | $0 |
| 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 | $11,761,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $17,748 |
| Total assets | $19,103,565 |
| 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, Garrett Family Ever Forward Foundation has awarded $1,047,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ADULT ENRICHMENT SERVICES OF WILKES DBA THE RUBY PARDUE BLACKBURN ADULT DAY PURPOSE: GENERAL SUPPORT | $7,500 |
BLUE RIDGE PARKWAY FOUNDATION PURPOSE: MAP PROJECT | $5,000 |
HOMES FOR OUR TROOPS INC PURPOSE: NEW HOME PROGRAM - NC | $50,000 |
BLUE RIDGE PARKWAY FOUNDATION PURPOSE: MOSES H. CONE MEMORIAL PARK RESTROOM MAINTENANCE | $15,000 |
HUTS FOR VETS PURPOSE: HUTS FOR VETS WILDERNESS PROGRAMMING | $20,000 |
NATIONAL PHILANTHROPIC TRUST PURPOSE: FUNDING OF DONOR ADVISED FUND | $850,000 |