Gipson Family Foundation

Organization Overview

Gipson Family Foundation is located in Raleigh, NC. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Gipson Family 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 12/2022, Gipson Family Foundation generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Gipson Family Foundation has awarded 433 individual grants totaling $10,568,977. 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 $677,600
Interest on Savings $13
Dividends & Interest $1,851,300
Net Rental Income$0
Net Gain on Sale of Assets $2,654,371
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $5,183,284

Grants Awarded

Over the last fiscal year, Gipson Family Foundation has awarded $1,408,656 in support to 61 organizations.

Grant RecipientAmount

TRIANGLE COMMUNITY FOUNDATION

Org PageRecipient Profile

Durham, NC

PURPOSE: GENERAL ACTIVITIES

$585,000

HABITAT FRO HUMANITY LAKE SUMPTER F

PURPOSE: GENERAL ACTIVITIES

$35,000

BENJAMIN FRANKLIN HOUSE

PURPOSE: GENERA ACTIVITIES

$30,000

GIRLS ON THE RUN OF THE TRIANGLE

Org PageRecipient Profile

Durham, NC

PURPOSE: GENERAL ACTIVITIES

$30,000

COMMUNITY IN SCHOOLS OF WAKE COUNTY

Org PageRecipient Profile

Raleigh, NC

PURPOSE: GENERAL ACTIVITES

$25,000

BOYS & GIRLS CLUBS OF KINGS COUNTY

PURPOSE: GENERAL ACTIITIES

$25,000
View Grant Profile

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