philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Luke Garrison Foundation FY2022 filing

Tax-deductible

Linville, NC501(c)(3)Since 2016Foundations & GrantmakersEIN 81-2513548Revenue −$955 in FY2022

On file with the IRSlukegarrisonfoundation.comPo Box 785, 28646-0785 · Linville, NCTax-exempt since Aug 2016Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

The Foundation will provide support through a series of grants each year to organizations that provide access and encouragement for others pursue science, nature, sports and church in loving memory of Luke Garrison.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $150K a year · 70% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
38 mo
of spending, in cash
Looks good: 37.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$955
-101% vs prior year
Spent
$56K
To programs
85%
Net assets
$872K
By yearFY2020–FY2025
Revenue
−$955
FY2022▼ -101%
Tap a bar for its year
Revenue by fiscal year
FY2020$208K
FY2021$144K
FY2022−$955
FY2023$260K
FY2024$267K
FY2025$396K
Expenses
$56K
FY2022▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$47K
FY2021$48K
FY2022$56K
FY2023$61K
FY2024$83K
FY2025$82K
Net assets
$872K
FY2022▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$834K
FY2021$930K
FY2022$872K
FY2023$1.1M
FY2024$1.3M
FY2025$1.6M

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $48K Management & general 15% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Gail H Garrison
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Nancy S Ronalter
Assistant Se
$0Pt VII · Sec A
$0Pt VII · Sec A
See Luke Garrison Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Grants fund organizations promoting science, nature, sports, and church access.

Questions for Luke Garrison Foundation

Tap to ask. Luke Garrison Foundation sees how many people are interested.

Your first name shows with your question. Luke Garrison Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $48K · in their own filed words · FY2022
01

Provide support to organizations either that luke garrison helped during his life or that the directors of the foundation and its advisors believe he would want to assist if he were here today.

$48Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
James Family Foundation INCFY2025$25K
Total grants receivedfrom 1 funder$25K
Grants paid · 3 grants · $18K · 2022–2022
Special Forces AssociationNC · FY2022$6,500
Crossnore Communities for ChildrenNC · FY2022$5,800
High Country Caregiver FoundationNC · FY2022$5,600

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
−$955
Ln 12
Gifts and grantsLn 1h$117K
Investment incomeLn 3−$126K
Money outPt IX
$56K
Ln 25
Programscol B$48K
Managementcol C$9K
Owns and owesPt X
$872K
net assets · Ln 32
Cash and savingsLn 1–2$177K
Total assetsLn 16$872K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Noncash giftsLn 1g$82K
Investment incomeLn 3−$126K
Gains on assetsLn 7$8K
Total revenueLn 12−$955
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$173K
Cash and savings togetherLn 1–2$177K
InvestmentsLn 11–13$696K
Total assetsLn 16$872K
LiabilitiesLn 26$0
Net assetsLn 32$872K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$106K$177K
InvestmentsLn 11–13$824K$696K
Total assetsLn 16$930K$872K
LiabilitiesLn 26$0$0
Net assetsLn 32$930K$872K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$48K$48K
Investment management feesLn 11f$8K$8K
Other fees for servicesLn 11g$299$299
Total functional expensesLn 25$56K$48K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $396K$82K$314K$1.6M 990 PDF
FY2024 $267K$83K$184K$1.3M 990 PDF
FY2023 $260K$61K$200K$1.1M 990 PDF
FY2022 Viewing −$955$56K−$57K$872K 990 PDF
FY2021 $144K$48K$96K$930K 990 PDF
FY2020 $208K$47K$162K$834K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary −$955 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $59,917$117,223
I-9 Program service revenue$0
I-10 Investment incomePrior year $84,000−$118,178
I-11 Other revenue$0
I-12 Total revenuePrior year $143,917−$955
I-13 Grants and similar amounts paidPrior year $38,549$47,750
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $9,538$8,731
I-18 Total expensesPrior year $48,087$56,481
I-19 Revenue less expensesPrior year $95,830−$57,436
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue −$955 across 6 lines filed
VIII-1f All other contributions, gifts and grants$117,223
VIII-1g Noncash contributions (included above)$81,655
VIII-1h Total contributions, gifts and grants$117,223
VIII-3 Investment incomeExcluded from tax −$126,323−$126,323
VIII-7 Net gain or loss on sales of assetsExcluded from tax $8,145$8,145
VIII-12 Total revenueExcluded from tax −$118,178−$955
Part IX · Statement of functional expenses $56,481 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $47,750$47,750
IX-11f Investment management feesManagement $8,432$8,432
IX-11g Other fees for servicesManagement $299$299
IX-25 Total functional expensesPrograms $47,750 · Management $8,731 · Fundraising $0$56,481
Part X · Balance sheet $872,362 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $11,216$3,405
X-2 Savings and temporary cash investmentsStart of year $94,532$173,241
X-11 Publicly traded securitiesStart of year $824,050$695,716
X-16 Total assetsStart of year $929,798$872,362
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $929,798$872,362
X-32 Total net assets or fund balancesStart of year $929,798$872,362
X-33 Total liabilities and net assetsStart of year $929,798$872,362
Part XI · Reconciliation of net assets $872,362 net assets at year end
XI-1 Total revenue−$955
XI-2 Total expenses$56,481
XI-3 Revenue less expenses−$57,436
XI-4 Net assets at start of year$929,798
XI-10 Net assets at end of year$872,362

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.