The Gibbons Foundation is located in Old Greenwich, CT. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gibbons Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Gibbons Foundation generated $130.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $96.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Gibbons Foundation has awarded 241 individual grants totaling $650,295. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lile R Gibbons President | 0 | $0 | |
John A Gibbons Jr Vice Pres/treas/secty | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $85,238 |
Interest on Savings | $2,092 |
Dividends & Interest | $39,266 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $3,436 |
Capital Gain Net Income | $77,829 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $130,032 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $150 |
Contributions, gifts, grants paid | $96,660 |
Total expenses and disbursements | $96,810 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $153,110 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $987,930 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, The Gibbons Foundation has awarded $96,660 in support to 37 organizations.
Grant Recipient | Amount |
---|---|
THE HOSPITAL FOR SPECIAL SURGERY FUNC INC PURPOSE: TO HELP ORG. IN ITS EXEMPT FUNCTION | $3,000 |
COLBY SAWYER COLLEGE PURPOSE: ANNUAL FUND | $7,500 |
BOWDOIN COLLEGE PURPOSE: ANNUAL -TO HELP ORG IN ITS EXEMPT FUNCTION | $10,000 |
BRUCE MUSEUM PURPOSE: TO HELP ORGANIZATION IN ITS EXEMPT FUNCTION | $3,000 |
DEERFIELD ACADEMY PURPOSE: TO FUND SCHOLARSHIPS | $2,000 |
BREAST CANCER ALLIANCE PURPOSE: TO HELP ORG. IN ITS EXEMPT FUNCTION | $9,500 |