Garrett Community College Foundationinc

MCHENRY, MD EIN: 52-1270802

TO SUPPORT THE COLLEGE IN ITS STUDENT ENROLLMENT EFFORTS VIA MONETARY SOLICITATIONS,AND OTHER CHARITABLE GIVING TO MAKE AVAILABLE SCHOLARSHIPS, AND OTHER FINANCIAL SUPPORT TO THE INSTITUTION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.5M

+4.5% YoY

Annual Giving

$141K

-52.3% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$18K

-52.3% YoY

About Garrett Community College Foundationinc

Based on IRS filings

Garrett Community College Foundationinc is a nonprofit organization focused on Education, based in MCHENRY, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.5M in total assets. In 2024, it awarded 8 grants totaling $141K. Net investment income was $248K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Mchenry

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$592K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$12,522,885$11,983,076$11,753,040
Revenue$956,380$1,043,225$1,130,559
Expenses$936,776$1,109,722$859,279
Qualifying Distributions
Net Investment Income$248,310$96,518$293,969
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$74K$147K$221K$295K4 grants20207 grants20214 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

GARRETT COLLEGE$48KGARRETT COLLEGE$32KGARRETT COLLEGE$15KGARRETT COLLEGE$15KGARRETT COLLEGE$13KGARRETT COLLEGE$6KGARRETT COLLEGE$5KGARRETT COLLEGE$5K

Grant Size Distribution

31 grants across all recorded years

29<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHERIE KRUGEXECUTIVE DIRECTOR$78K

From 2024 filing

NameTitleHoursCompensation
CARISSA RODEHEAVERCHAIRPERSON5
JULIA HOFFMANSECRETARY5
ALISON SWEITZERMEMBER AT LARGE1
BARBARA BAKERMEMBER AT LARGE1
WALTER MALECKITREASURER5
MARY HELEN SPEARMEMBER AT LARGE1
RICHARD CARROLLMEMBER AT LARGE1
KATIE ALVAREZMEMBER AT LARGE1
BARTLETT NAYLORMEMBER AT LARGE1
GARY WAKEFIELDMEMBER AT LARGE1
LORI YOUSEMEMBER AT LARGE1
ROSIE VERSTEEGENVICE CHAIRPERSON5
CHRISTIAN MASHMEMBER AT LARGE1
CAROYLN DENIKERMEMBER AT LARGE1
JULIE MEADMEMBER AT LARGE1
ELIZABETH WOTRING-NELSONMEMBER AT LARGE1
LORI RICHARDSMEMBER AT LARGE1
ELIZABETH GEORGMEMBER AT LARGE1
CHERIE KRUGEXECUTIVE DIRECTOR40$77,623

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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