NonprofitsGarnet Trust Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Garnet Trust Foundation

COLUMBIA, SC

Total revenue

$4.7M

Total expenses

$4.5M

Net assets

$113K

Grants received

$587K

13 grants

EIN

920463073

Tax year

2024

Mission

To help promote, support, and advance charitable organizations and causes, educate the general public regarding these chartiable organizations and causes, and to make positive impacts on communities, by utilizing the name-image-likeness and notoriety of university of south carolina studnet-athletes.

Financials

FY 2024

Revenue

Contributions & grants$4.7M
Program service revenue
Investment income
Other revenue
Total revenue$4.7M

Expenses

Grants paid$854K
Salaries & benefits$95K
Fundraising
Other expenses$3.6M
Total expenses$4.5M
Total assets$113K
Net assets$113K

People

10 listed

NameRoleCompensation

BARRY BODIFORD

MEMBER

Board

1 hrs/wk

RICHARD KAY

MEMBER

Board

1 hrs/wk

SCAT SCATURRO

MEMBER

Board

1 hrs/wk

KEN LONG

MEMBER

Board

1 hrs/wk

TIM PACKER

MEMBER

Board

1 hrs/wk

BRENT SKINNER

MEMBER

Board

1 hrs/wk

JERRY INMAN

MEMBER

Board

1 hrs/wk

DAVID SEATON

CHARIMAN

Board

1 hrs/wk

CANDACE KNOX

SECRETARY

Board

1 hrs/wk

MARKEISHA GRANT

VICE CHAIRMAN

Board

1 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$100K
UNRESTRICTED GENERAL SUPPORT
2024
$1K
GENERAL CONTRIBUTION
2024
$86K
PUBLIC, SOCIETAL BENEFIT
2023
$30K
GENERAL SUPPORT
2023
$25K
GENERAL OPERATING SUPPORT
2023
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$20K
TO HELP PROMOTE, SUPPORT, AND ADVANCE CHARITABLE ORGANIZATIONS AND CAUSES, EDUCATE THE GENERAL PUBLIC REGARDING THESE CHARITABLE ORGANIZATIONS AND CAUSES, AND TO MAKE POSITIVE IMPACTS ON COMMUNITIES
2023
$10K
SUPPORTS, PROMOTES AND ADVANCES OTHER NON-PROFITS SUCH AS THE UNITED WAY
2023
$110K
GENERAL SUPPORT
2022

Funded by

$587K from 12 funders · 13 grants · 2022–2024

Central Carolina Community

$140K · 2 grants · 2022–2023

The Community Foundation For Greater

$100K · 1 grant · 2023

Natl Christian Charitable Fdn Inc

$35K · 1 grant · 2023

American Endowment Foundation

$25K · 1 grant · 2023

Details

EIN920463073
NTEE codeT50
Subsection03
Ruling date2022-10
Formed2022
Employees2
Volunteers4
GARNET TRUST FOUNDATION — Mission, Financials & Grants Received | Grantivo