Garrett Foundation for Excellence

RUSTON, LA EIN: 91-1811687

Garrett Foundation for Excellence is a private foundation, based in RUSTON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $64K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$64K

+17.5% YoY

Annual Giving

$2K

-14.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2K

-14.5% YoY

Under IRS private-foundation payout rules, Garrett Foundation for Excellence reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Garrett Foundation for Excellence

Based on IRS filings

Garrett Foundation for Excellence is a private foundation, based in RUSTON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $64K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Ruston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3K$7K$10K$13K20202021202220232024
Metric202420232022
Total Assets$64,457$54,848$55,313
Revenue$12,173$2,499$4,098
Expenses$2,591$2,996$3,117
Qualifying Distributions$2,350$2,750$2,775
Net Investment Income$1,959$2,285$3,809
Distributable Amount$3,417$2,859$3,037

Giving Over Time

Total grant dollars and number of grants per year

$0$731.25$1K$2K$3K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

RUSTON HIGH SCHOOL$2K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ruston High School ($2,350).

RecipientPurposeAmount
RUSTON HIGH SCHOOL RUSTON, LAEDUCATIONAL$2,350

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PATRICK P GARRETTBOARD OF MANAGERS
LOYCE GARRETT MILLERBOARD OF MANAGERS
DON M MCGEHEEBOARD OF MANAGERS
BERT JONESBOARD OF MANAGERS

Frequently Asked Questions

How large is Garrett Foundation for Excellence?

As of 2024, Garrett Foundation for Excellence holds $64K in total assets with $12K in annual revenue. It awarded 1 grants totaling $2K in 2024.

Where does Garrett Foundation for Excellence operate?

Garrett Foundation for Excellence has awarded grants in Louisiana.

What size grants does Garrett Foundation for Excellence award?

In 2024, Garrett Foundation for Excellence awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Garrett Foundation for Excellence required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Garrett Foundation for Excellence reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Garrett Foundation for Excellence's EIN?

Garrett Foundation for Excellence's EIN (Employer Identification Number) is 91-1811687. IRS Form 990 filing data is available on this page for 2020–2024.

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

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