The Garth Family Foundation
- Assets
- $4.9m
- Revenue
- $35.2k
- Investments
- $4.6m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 84-2724881
Organization Overview
The Garth Family Foundation is located in Boston, MA. The organization was established in 2020. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garth Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Garth Family Foundation generated $35.2k in total revenue. All expenses for the organization totaled $5.6m during the year ending 12/2022.
Since 2020, Garth Family Foundation has awarded 95 individual grants totaling $6,817,180. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin T Wolstenholme Trustee | 2 | $0 | |
Susan Garth Trustee | 2 | $0 | |
William W Garth IV Trustee | 2 | $0 | |
Jesse W Garth Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,794 |
| Dividends & Interest | $104,186 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$74,113 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $314 |
| Total Revenue | $35,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $55,180 |
| Contributions, gifts, grants paid | $5,517,182 |
| Total expenses and disbursements | $5,572,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,100 |
| Savings and temporary cash investments | $246,254 |
| Net Accounts receivable | $781 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,865,013 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Garth Family Foundation has awarded $5,517,182 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY PREP CENTER OF ST PETERSBURG PURPOSE: GENERAL FUND | $35,000 |
CG WOODSON AFRICAN AMERICAN MUSEUM PURPOSE: GENERAL SUPPORT | $25,000 |
CHARLESTON SYMPHONY ORCHESTRA PURPOSE: GENERAL FUND | $27,500 |
ONE EIGHTY PLACE PURPOSE: GENERAL FUND | $15,000 |
ST PETERSBURG OPERA PURPOSE: GENERAL FUND | $1,000 |
FLORIDA SYMPHONY OPERA PURPOSE: GENERAL FUND | $10,000 |