Garison Family Private Foundation
Garison Family Private Foundation is a private foundation, based in Fayetteville, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 6 grants totaling $46K. Net investment income was $1K.
Key facts about Garison Family Private Foundation
In short: Garison Family Private Foundation gave $46K across 6 grants in 2022 (avg $8K), top state Tennessee. Source: 2022 IRS Form 990-PF.
- EIN
- 56-2001781
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $45,500
- Grants made (2022)
- 6
- Average grant
- $7,583
- Median grant
- $5,000
- Primary geography
- Tennessee (44% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$46K
+1720.0% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$8K
+810.0% YoY
Under IRS private-foundation payout rules, Garison Family Private Foundation reported a distributable amount of $1K for 2022 — the minimum it must pay out in qualifying distributions.
How Garison Family Private Foundation gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2022 grant dollars across all 6 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $2K (2020) to $46K (2022). In 2022 it made 6 grants totaling $46K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 6 grants to individuals Recipients not named | — | $45,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $20,649 | $19,994 |
| Revenue | $30,433 | $3,872 | $2,956 |
| Expenses | $51,082 | $3,217 | $2,966 |
| Qualifying Distributions | $49,636 | — | — |
| Net Investment Income | $1,101 | $1,505 | $1,583 |
| Distributable Amount | $1,197 | $2,350 | $2,097 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- IRS filings on file for fiscal years 2020–2022
Leadership & Key People
Officers and directors from IRS filings
Garison Family Private Foundation's 2022 filing lists 2 officers; none of the 2 officers listed in 2022 report compensation.
Officers on the 2022 filing
Gary B. Garison Trustee
Trustee
On filings since 2020
No compensation reported
Iris A. Garison Trustee
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Garison Family Private Foundation
How much does Garison Family Private Foundation give each year?
Garison Family Private Foundation gave $46K across 6 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $3K across 3 grants.
What is Garison Family Private Foundation's typical grant size?
Garison Family Private Foundation's median grant in 2022 was $5,000, and its average grant was $7,583, across 6 grants on its 2022 IRS Form 990-PF.
Where does Garison Family Private Foundation give grants?
Garison Family Private Foundation's top state is Tennessee, with 44% of the grant dollars itemized on its 2022 IRS Form 990-PF. The next largest states were North Carolina (22%) and Florida (12%).
Does Garison Family Private Foundation give general operating support?
Not in 2022: none of the 6 grants with a stated purpose on Garison Family Private Foundation's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Humanitarian Services" (3 grants).
How much is Garison Family Private Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Garison Family Private Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Garison Family Private Foundation's EIN?
Garison Family Private Foundation's EIN (Employer Identification Number) is 56-2001781. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Garison Family Private Foundation by hand.
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