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Nonprofit · EIN 62-6289645

THOMAS M GARROTT FOUNDATION

Tax-exempt · ORLANDO, FL 32891

Financials

$1.4M$1M2023$978K$956K2024$1.3M$973K2025
Revenue Expenses · by fiscal year end
Financials of THOMAS M GARROTT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,306,777$973,286$333,491$15,683,480$0$15,683,480
December 31, 2024990-PF$977,958$955,628$22,330$15,352,024$0$15,352,024
December 31, 2023990-PF$1,352,738$1,041,536$311,202$15,331,082$0$15,331,082
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$490,970
Net gain from sales of assets
$815,807

Expenses

Grants and similar amounts paid
$894,850
Compensation of officers, directors and key employees
$57,690
Disbursements for charitable purposes
$926,195
Excise tax on investment income
$17,604

Balance sheet and other

Total assets, start of year
$15,352,024
Total assets, end of year
$15,683,480
Total liabilities, end of year
$0
Net assets, end of year
$15,683,480
Fair market value of assets
$24,855,384
Qualifying distributions
$926,195
Net investment income
$1,302,027

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TRUIST BANK
PO BOX 919798, ORLANDO, FL 32891
TRUSTEE1$57,690
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
TRUIST BANK
PO BOX 919798, ORLANDO, FL 32891
TRUSTEE1$53,735
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
TRUIST BANK
PO BOX 919798, ORLANDO, FL 32891
TRUSTEE1$47,721

Address and contacts

Address (IRS master file)
PO BOX 919798, ORLANDO, FL 32891-9798
In care of
% NATIONAL BANK OF COMMERCE TTEE
Signed the 990-PF
TRUIST BANK, DIRECTOR
Phone
(804) 273-7445
Return prepared by
ERNST & YOUNG US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
62-6289645
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$15,683,480
Income (IRS master file)
$4,149,578

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,306,777$973,286$15,683,480XML
990-PFDecember 2024$977,958$955,628$15,352,024XML
990-PFDecember 2023$1,352,738$1,041,536$15,331,082XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-6289645).

Questions about THOMAS M GARROTT FOUNDATION

What is the EIN of THOMAS M GARROTT FOUNDATION?
The employer identification number (EIN) of THOMAS M GARROTT FOUNDATION is 62-6289645.
Is THOMAS M GARROTT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to THOMAS M GARROTT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THOMAS M GARROTT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THOMAS M GARROTT FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THOMAS M GARROTT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THOMAS M GARROTT FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $57,690 (TRUIST BANK, TRUSTEE).
How much revenue does THOMAS M GARROTT FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,306,777, expenses of $973,286 and total assets of $15,683,480 at year end.

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