Overview
What is Luke Garrison Foundation?
The Luke Garrison Foundation is a nonprofit organization located in Linville, North Carolina. Established as a tribute to Luke Garrison, the foundation provides support to organizations that Luke had previously assisted or that its directors believe he would have wanted to help, had he been present today. The primary mission of the foundation is to distribute annual grants to nonprofits that facilitate access and encourage engagement in science, nature, sports, and church, in Luke's loving memory. The foundation's goal is to honor Luke's spirit and continue his legacy by impacting these areas of interest.
Official website here: www.lukegarrisonfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63%)
The Luke Garrison Foundation has received a Two-Star rating from Charity Navigator, indicating that it is in need of improvement. With an overall score of 63%, the charity displays a solid program expense ratio of 80.68%, suggesting that a significant portion of its funds is directed towards its programs. However, the organization struggles with its governance, as it has no independent board members and lacks essential policies like a whistleblower policy and document retention protocol.
The foundation has successfully demonstrated no material diversion of assets and maintains a commendable liabilities to assets ratio of 0.00%, further indicating financial stability. Additionally, it has listed its website on the tax form and has a conflict of interest policy in place. Despite these strengths, the absence of board independence and critical governance policies raises concerns about its accountability.
Overall, while the foundation shows promise in its programmatic focus and financial health, improvements in governance and transparency are necessary for better accountability and trust with potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Luke Garrison Foundation legitimate?
Luke Garrison Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luke Garrison 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.lukegarrisonfoundation.com
What is the mission statement of Luke Garrison Foundation?
The Luke Garrison Foundation's mission is to offer annual grants to organizations that facilitate and motivate others to engage in activities related to science, nature, sports, and church. This is done in loving memory of Luke Garrison. The foundation provides support to organizations that Luke Garrison was involved with during his lifetime or that its directors and advisors believe he would have wanted to assist, had he still been present. The goal is to honor Luke's memory by promoting opportunities for personal growth and development in these areas.
Official website here: www.lukegarrisonfoundation.com
Who is the CEO of Luke Garrison Foundation?
Thomas H Garrison is the President of Luke Garrison Foundation.
Official website here: www.lukegarrisonfoundation.com
What is the revenue of Luke Garrison Foundation?
Luke Garrison Foundation's revenue in 2022 was -$955.
Official website here: www.lukegarrisonfoundation.com
Who are the executives of Luke Garrison Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.lukegarrisonfoundation.com
Where can I find the form 990 for Luke Garrison Foundation?
Luke Garrison Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lukegarrisonfoundation.com
Learn more at the official website: www.lukegarrisonfoundation.com
Mission Statement of Luke Garrison Foundation
The Luke Garrison Foundation, in honor of Luke Garrison, aims to offer annual grants to organizations that promote and facilitate access to various pursuits such as science, nature, sports, and church. This support is an expression of love and remembrance for Luke Garrison. The foundation's mission is to extend assistance to organizations that either Luke Garrison himself was involved with during his lifetime or those that the foundation's directors and advisors believe he would have wanted to support if he were still present. The primary objective of the Luke Garrison Foundation is to encourage others to engage in these meaningful activities, thereby continuing Luke Garrison's legacy of passion and dedication.
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Impact
October, 2024
The Luke Garrison Foundation significantly impacts the community by offering annual grants to organizations dedicated to fostering access and encouragement in the realms of science, nature, sports, and church. In honoring Luke Garrison's legacy, the foundation supports initiatives that align with his values, including organizations he assisted during his life and those that resonate with the foundation's directors and advisors. This commitment not only promotes personal growth and exploration among individuals but also strengthens community ties through shared experiences and opportunities. By prioritizing these areas, the foundation nurtures a culture of inquiry, physical activity, and spiritual engagement, enriching lives and inspiring future generations.
This information is meant to be a general summary of Luke Garrison 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: -$118,178
- Gross Receipts: $302,204
Assets and Liabilities:
- Total Assets: $872,362
- Total Liabilities: $0
- Net Assets: $872,362
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Organization Details
Founding Year
2016
Phone
(828) 455-6483Principal Officer
Thomas H Garrison
Main Address
PO BOX 785, LINVILLE, NC, 28646
NTEE Category
Code: T20 - Philanthropy
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