EIN 92-0463073

Garnet Trust Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2022
Most recent tax filings
2023-12-01
Description
The Garnet Trust Foundation empowers USC student-athletes to support local charities, raise awareness, and positively impact communities through direct engagement and service.
Total revenues
$3,513,046
2023
Total expenses
$3,500,147
2023
Total assets
$33,308
2023
Num. employees
2
2023

Program areas at Garnet Trust Foundation

Garnet Trust Foundation leveraged the influence and platform of athletes to make a positive impact on local communities. Through hands-on service, our athletes partner with local non-profits to not only raise awareness for critical causes but also to actively contribute to fulfilling their missions. By engaging in direct service, our athletes help amplify the work of these organizations, creating a stronger bond between the community and the resources they provide. At Garnet Trust Foundation, we believe that through collaboration and action, we can empower both athletes and local non-profits to create lasting, meaningful change.

Who funds Garnet Trust Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Central Carolina Community FoundationGeneral Support$110,000
The Community Foundation for Greater AtlantaPhilanthropy$100,000
DAFgiving360Public, Societal Benefit$86,000
...and 5 more grants received

Financials for Garnet Trust Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,513,046
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,513,046

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Boys and Girls Clubs in ColoradoDenver, CO$4,264,006
Boys and Girls Clubs in TennesseeKnoxville, TN$3,636,556
Vmi Keydet ClubLexington, VA$8,205,074
Impact 100 Palm Beach CountyBoca Raton, FL$1,382,930
Invited FoundationIrving, TX$11,406,958
Data update history
April 23, 2025
Received grants
Identified 1 new grant, including a grant for $100,000 from The Community Foundation for Greater Atlanta
March 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 23, 2025
Updated personnel
Identified 11 new personnel
January 7, 2025
Used new vendors
Identified 1 new vendor, including
January 7, 2025
Received grants
Identified 5 new grant, including a grant for $110,000 from Central Carolina Community Foundation
Nonprofit Types
Grantmaking organizationsCivic / social organizationsCharities
Issues
No issues found
Characteristics
Tax deductible donationsAccepts online donations
General information
Address
701 Gervais St 150 No 198
Columbia, SC 29201
Metro area
Columbia, SC
County
Richland County, SC
Website URL
garnettrust.com/foundation 
Phone
(407) 670-9738
IRS details
EIN
92-0463073
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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