Gebbie Foundation Inc

Organization Overview

Gebbie Foundation Inc is located in Jamestown, NY. The organization was established in 1965. 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. Gebbie Foundation Inc 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 12/2021, Gebbie Foundation Inc generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $4.3m during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Gebbie Foundation Inc has awarded 144 individual grants totaling $38,913,334. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $904
Dividends & Interest $1,219,732
Net Rental Income-$33,429
Net Gain on Sale of Assets $7,589,565
Capital Gain Net Income $7,589,565
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $402,757
Total Revenue $9,215,358

Grants Awarded

Over the last fiscal year, Gebbie Foundation Inc has awarded $5,616,500 in support to 24 organizations.

Grant RecipientAmount

JAMESTOWN CENTER CITY DEVELOPMENT CORP

Org PageRecipient Profile

Jamestown, NY

PURPOSE: ICE ARENA OPERATIONS/CAPITAL IMPROVEMENTS/DEBT SERVICE/ARENA INFILL PROJECT

$1,827,902

JAMESTOWN CENTER CITY DEVELOPMENT CORP

Org PageRecipient Profile

Jamestown, NY

PURPOSE: OPERATING AND DEBT SUPPORT; THE ZONE START UP COSTS

$1,442,633

NATIONAL COMEDY CENTER INC

Org PageRecipient Profile

Jamestown, NY

PURPOSE: OPERATING SUPPORT, DEBT SERVICE, STAFFING

$641,025

JAMESTOWN RENAISSANCE CORP

Org PageRecipient Profile

Jamestown, NY

PURPOSE: 2022 OPERATING SUPPORT

$360,000

JAMESTOWN RENAISSANCE CORP

Org PageRecipient Profile

Jamestown, NY

PURPOSE: OPERATING SUPPORT

$348,000

CHAUTAUQUA REGION INDUSTRIAL DEVELOPMENT CORP

Org PageRecipient Profile

Jamestown, NY

PURPOSE: CHADAKOIN RIVER STRATEGIC BUSINESS PLAN

$115,000
View Grant Profile

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