Garison Family Private Foundation

Private foundation · Grantmaker Fayetteville, NC EIN: 56-2001781

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

7states

Share of 2022 grant dollars across all 6 itemized grants.

Cities

BooneBoys TownFayettevilleMemphisRansonStaten IslandTampaWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants2020 3 grants2021 6 grants2022

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

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
6 grants to individuals Recipients not named —$45,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022
Metric202220212020
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 30, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. 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.

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