J Floyd Garlow Trust B

ORLANDO, FL EIN: 55-6046569

J Floyd Garlow Trust B is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $280K in total assets. In 2024, it awarded 10 grants totaling $17K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$280K

+0.1% YoY

Annual Giving

$17K

-1.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

-1.9% YoY

Under IRS private-foundation payout rules, J Floyd Garlow Trust B reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About J Floyd Garlow Trust B

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $38K (47%)

Nebraska $20K (24%)

District of Columbia $8K (10%)

Wisconsin $8K (10%)

New York $8K (10%)

States

District of Columbia Nebraska New York Wisconsin West Virginia

Cities

Boys TownBrookfieldHuntingtonLincolnMorgantownNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$279,769	$279,602	$277,685
Revenue	$17,976	$19,546	$2,157
Expenses	$17,815	$17,576	$18,491
Qualifying Distributions	$17,082	$17,386	$17,570
Net Investment Income	$17,769	$18,838	$5,066
Distributable Amount	$15,723	$14,238	$15,162

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

50 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Good News Broadcasting ($2,418), Monongalia County Society for ($2,418), Kings College ($1,612).

Recipient	Purpose	Amount
KINGS COLLEGE NEW YORK, NY	GENERAL FUNDS	$1,612
AMERICAN LUNG ASSOC OF MID-ATLC BROOKFIELD, WI	GENERAL FUNDS	$1,612
FATHER FLANAGANS BOYS HOME BOYS TOWN, NE	GENERAL FUNDS	$1,612
THE GOOD NEWS BROADCASTING LINCOLN, NE	GENERAL FUNDS	$2,418
AMERICAN RED CROSS RIVER VALLEY WASHINGTON, DC	GENERAL FUNDS	$1,612
THE HUNTINGTON FOUNDATION INC HUNTINGTON, WV	GENERAL FUNDS	$1,612
MONONGALIA COUNTY SOCIETY FOR MORGANTOWN, WV	GENERAL FUNDS	$2,418
TTEESPISGAH UNITED METH CHURCH MORGANTOWN, WV	GENERAL FUNDS	$1,612
WEST VIRGINIA UNIVERSITY MORGANTOWN, WV	GENERAL FUNDS	$400
THE SALVATION ARMY MORGANTOWN, WV	GENERAL FUNDS	$1,612

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUIST BANK	TRUSTEE	1	$373

Frequently Asked Questions

How large is J Floyd Garlow Trust B?

As of 2024, J Floyd Garlow Trust B holds $280K in total assets with $18K in annual revenue. It awarded 10 grants totaling $17K in 2024.

Where does J Floyd Garlow Trust B operate?

J Floyd Garlow Trust B has awarded grants in District of Columbia, Nebraska, New York, Wisconsin, West Virginia.

What size grants does J Floyd Garlow Trust B award?

In 2024, J Floyd Garlow Trust B awarded 10 grants totaling $17K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is J Floyd Garlow Trust B required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, J Floyd Garlow Trust B reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.