Overview
What is The Blake P Garrett Sr Foundation?
The Blake P. Garrett Sr. Foundation is a nonprofit organization based in Fountain Inn, South Carolina. As a supporting organization, it adheres to IRC Sec 509(A)(3) guidelines and directs all its grant funding to the Fountain Inn Presbyterian Church, its designated supported organization. The foundation's mission is to provide financial support to this church, thereby contributing to its overall activities and objectives. The foundation does not appear to have its own programs, initiatives, or services, and its focus is primarily on providing financial assistance to its supported organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that The Blake P Garrett Sr Foundation has a solid performance in terms of accountability and finance, though it falls short of achieving a higher rating. The overall score reflects a strong emphasis on financial management rather than programmatic impact.
The foundation boasts an impressive Accountability & Finance score of 73%, supported by a fully independent board and a well-managed financial structure. Notably, it has a program expense ratio of 97.22%, suggesting that a significant majority of its funding goes directly to its programs. The foundation has no material diversion of assets, and it documents board meeting minutes, reflecting good governance practices.
However, despite these strengths, the charity's overall rating remains at two stars, indicating potential areas for improvement, especially in broader impact metrics. While the foundation demonstrates strong financial accountability, its limited score suggests that stakeholders may want to investigate further into its programmatic effectiveness and overall mission impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Blake P Garrett Sr Foundation legitimate?
The Blake P Garrett Sr Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Blake P Garrett Sr Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Blake P Garrett Sr Foundation?
The Blake P Garrett Sr Foundation, functioning as a supporting organization as per IRC Sec 509(A)(3), primarily focuses on making grants. These grants are exclusively directed towards the Fountain Inn Presbyterian Church, which serves as the foundation's designated supported organization. The specific activities or mission details beyond grant-making are not explicitly provided in the given information.
Who is the CEO of The Blake P Garrett Sr Foundation?
J Berry Garrett is the Trustee of The Blake P Garrett Sr Foundation.
What is the revenue of The Blake P Garrett Sr Foundation?
The Blake P Garrett Sr Foundation's revenue in 2022 was $136,423.
Who are the executives of The Blake P Garrett Sr Foundation and what are their salaries?
There 5 volunteers at The Blake P Garrett Sr Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $46,154
- Other: $9,180
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Blake P Garrett Sr Foundation?
The Blake P Garrett Sr Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Blake P Garrett Sr Foundation
The Blake P. Garrett Sr. Foundation serves as a supporting organization, as defined by IRC Sec 509(A)(3). Its primary mission is to provide financial support, channeling all of its grants to the Fountain Inn Presbyterian Church, its designated supported organization. This foundation's role is to provide monetary aid to this church, thereby contributing to its overall operations and initiatives. The specifics of the grants and the nature of the support provided by The Blake P. Garrett Sr. Foundation to the Fountain Inn Presbyterian Church are not detailed in the information provided. However, it is clear that this foundation acts as a financial supporter to the church, directing its resources towards its designated supported organization.
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Impact
October, 2024
The Blake P Garrett Sr Foundation significantly strengthens the Fountain Inn community through its dedicated financial support to the Fountain Inn Presbyterian Church. By channeling all grants to this organization, the foundation plays a crucial role in enhancing the church's programs and outreach initiatives. This support not only fosters spiritual growth and community engagement but also facilitates various charitable activities that benefit residents and local families. As a result, the foundation's impact can be seen in the vibrant, supportive environment it helps cultivate within the community, promoting philanthropy and social welfare.
This information is meant to be a general summary of The Blake P Garrett Sr Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $136,423
- Gross Receipts: $136,950
Assets and Liabilities:
- Total Assets: $2,022,204
- Total Liabilities: $0
- Net Assets: $2,022,204
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Organization Details
Founding Year
1977
Phone
(864) 862-3501Principal Officer
J Berry Garrett
Main Address
PO BOX 36, FOUNTAIN INN, SC, 29644
NTEE Category
Code: T30 - Philanthropy
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