Gwen Garrison Trust Fbo

MINOT, ND EIN: 20-6950278

Gwen Garrison Trust Fbo is a private foundation focused on Human services, based in MINOT, ND. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $458K in total assets. In 2024, it awarded 1 grants totaling $23K. Net investment income was $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$458K

+2.2% YoY

Annual Giving

$23K

-3.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$23K

-3.5% YoY

Under IRS private-foundation payout rules, Gwen Garrison Trust Fbo reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Gwen Garrison Trust Fbo

Based on IRS filings

Focus Areas

Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Dakota $122K (100%)

States

North Dakota

Cities

Minot

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$457,981	$448,072	$458,502
Revenue	$39,750	$22,355	$9,970
Expenses	$30,465	$33,092	$31,935
Qualifying Distributions	$22,623	$23,432	$26,264
Net Investment Income	$34,218	$17,235	$6,662
Distributable Amount	$23,633	$22,623	$23,432

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Souris Valley Humane Society ($22,623).

Recipient	Purpose	Amount
SOURIS VALLEY HUMANE SOCIETY MINOT, ND	SUPPORT	$22,623

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIRST WESTERN BANK TRUST	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Human services

Frequently Asked Questions

What is Gwen Garrison Trust Fbo?

Gwen Garrison Trust Fbo is a private foundation focused on Human services, based in MINOT, ND. It holds $458K in total assets as of 2024.

How large is Gwen Garrison Trust Fbo?

As of 2024, Gwen Garrison Trust Fbo holds $458K in total assets with $40K in annual revenue. It awarded 1 grants totaling $23K in 2024.

Where does Gwen Garrison Trust Fbo operate?

Gwen Garrison Trust Fbo has awarded grants in North Dakota.

What size grants does Gwen Garrison Trust Fbo award?

In 2024, Gwen Garrison Trust Fbo awarded 1 grants totaling $23K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Gwen Garrison Trust Fbo required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gwen Garrison Trust Fbo reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.