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Thomas M Garrott Foundation is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 1995. The principal officer is National Bank Of Commerce Ttee. It holds total assets of $15.4M. Annual income is reported at $3.5M. Total assets have grown from $6.8M in 2011 to $15.3M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Tennessee. According to available records, Thomas M Garrott Foundation has made 192 grants totaling $2.4M, with a median grant of $2K. Annual giving has grown from $863K in 2021 to $1.5M in 2022. Individual grants have ranged from $100 to $313K, with an average award of $12K. The foundation has supported 98 unique organizations. The foundation primarily supports organizations in Tennessee, Florida, Pennsylvania, which account for 90% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$15K
Largest Grant
$325K
Based on 48 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Thomas M Garrott Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 192 grants. Its grantmaking reaches organizations primarily in TN, FL, PA.
Thomas M Garrott Foundation has distributed a total of $2.4M across 192 grants. The median grant size is $2K, with an average of $12K. Individual grants have ranged from $100 to $313K.
Thomas M Garrott Foundation typically selects its grantees rather than accepting unsolicited proposals.
Thomas M Garrott Foundation is headquartered in ORLANDO, FL. While based in FL, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $49K | $0 | $49K |
Total Giving
$1M
Total Assets
$15.3M
Fair Market Value
$20.3M
Net Worth
$15.3M
Grants Paid
$984K
Contributions
N/A
Net Investment Income
$1.3M
Distribution Amount
$926K
Total: $8M
Total Grants
192
Total Giving
$2.4M
Average Grant
$12K
Median Grant
$2K
Unique Recipients
98
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SlingshotGENERAL OPERATING | Memphis, TN | $5K | 2022 |
| St Mary S Episcopal SchoolGENERAL OPERATING | Memphis, TN | $313K | 2022 |
| Tennis Memphis IncGENERAL OPERATING | Memphis, TN | $100K | 2022 |
| Sanctuary Counseling CenterGENERAL OPERATING | Memphis, TN | $60K | 2022 |
| Overton Park ConservancyGENERAL OPERATING | Memphis, TN | $33K | 2022 |
| Second Presbyterian ChurchGENERAL OPERATING | Memphis, TN | $28K | 2022 |
| Third Millennium MinistriesGENERAL OPERATING | Casselberry, FL | $25K | 2022 |
| National Christian FoundationGENERAL OPERATING | Memphis, TN | $25K | 2022 |
| Memphis University SchoolGENERAL OPERATING | Memphis, TN | $16K | 2022 |
| Ryr-1 FoundationGENERAL OPERATING | Pittsburgh, PA | $15K | 2022 |
| Dixon Gallery And GardensGENERAL OPERATING | Memphis, TN | $13K | 2022 |
| Church Health CenterGENERAL OPERATING | Memphis, TN | $11K | 2022 |
| Neighborhood Christian CenterGENERAL OPERATING | Memphis, TN | $10K | 2022 |
| The Country Place Family MinistryGENERAL OPERATING | Moscow, TN | $10K | 2022 |
| Conservation Through ArtGENERAL OPERATING | Memphis, TN | $10K | 2022 |
| Vanderbilt UniversityGENERAL OPERATING | Nashville, TN | $5K | 2022 |
| Hutchison SchoolGENERAL OPERATING | Memphis, TN | $5K | 2022 |
| Binghampton Christian AcademyGENERAL OPERATING | Memphis, TN | $5K | 2022 |
| Memphis City SeminaryGENERAL OPERATING | Memphis, TN | $5K | 2022 |
| CruGENERAL OPERATING | Orlando, FL | $5K | 2022 |
| Redeemer Presbyterian ChurchGENERAL OPERATING | Memphis, TN | $5K | 2022 |
| Presbyterian Day SchoolGENERAL OPERATING | Memphis, TN | $3K | 2022 |
| The Finley ProjectGENERAL OPERATING | Winter Park, FL | $3K | 2022 |
| My Cup Of TeaGENERAL OPERATING | Memphis, TN | $3K | 2022 |
| Boys & Girls Clubs Of Greater MemphisGENERAL OPERATING | Memphis, TN | $3K | 2022 |
| Memphis Shelby Crime CommissionGENERAL OPERATING | Memphis, TN | $3K | 2022 |
| Young Life ChattanoogaGENERAL OPERATING | Chattanooga, TN | $3K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL