Mission Statement
The Mark Garwood Foundation provides hope, changes lives and build futures. Since 2015, the Mark Garwood Foundation has provided over $725,000 in Phoenix Scholarships to 86 adults in south Florida who are in recovery, committed to long-term sobriety and ready to begin or continue their education. Over 90% of scholarship recipients remain sober while part of the program and complete their educational goals. Our 37 alumni have earned 55 degrees, including 2 doctoral degrees.
Financial Overview — FY 2024
$217K
Total Revenue
$185K
Total Expenses
$368K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.6%
Fundraising Efficiency
0.6%
Operating Reserve
23.87x
Liability-to-Asset
0.0%
Revenue Diversification
77.6%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $217K | $185K | $368K | 74.6% | 0 |
| 2023 | $239K | $174K | $222K | 55.6% | 0 |
| 2022 | $231K | $160K | $277K | 46.8% | — |
| 2021 | $189K | $113K | $206K | 52.2% | — |
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