Public Charity

GARNET TRUST FOUNDATION

GARNET TRUST FOUNDATION, of COLUMBIA, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.7M in revenue, $4.5M in expenses, $113K in total assets. 9 publicly reported grants to this organization, totaling roughly $536K, appear in IRS filings.

EIN: 920463073 COLUMBIA, SC Latest filing: 2024
Total Revenue$4.7M
Total Expenses$4.5M
Total Assets$113K
Grant Records9
Funding Total$536K
Filing Years2023–2024

Mission

TO HELP PROMOTE, SUPPORT, AND ADVANCE CHARITABLE ORGANIZATIONS AND CAUSES, EDUCATE THE GENERAL PUBLIC REGARDING THESE CHARTIABLE ORGANIZATIONS AND CAUSES, AND TO MAKE POSITIVE IMPACTS ON COMMUNITIES, BY UTILIZING THE NAME-IMAGE-LIKENESS AND NOTORIETY OF UNIVERSITY OF SOUTH CAROLINA STUDNET-ATHLETES.

Officers & Directors

MEMBER Barry Bodiford
MEMBER Brent Skinner
SECRETARY Candace Knox
CHARIMAN David Seaton
MEMBER Jerry Inman
MEMBER Ken Long

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$140,000 2 grants
PHILANTHROPY
$125,000 2 grants
UNRESTRICTED GENERAL SUPPORT
$100,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$86,000 1 grant
GROWTH
$35,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.7M $4.5M $113K
2023 $3.5M $3.5M $33K

Between 2023 and 2024, reported annual revenue grew from $3.5M to $4.7M (+33%), with total assets most recently reported at $113K.

Interactive year-over-year charts and full filing details available with membership.

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