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Also known as: C/O STERLING FOUNDATION MANAGEMENT LLC
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Chris And Dee Dee Gibson Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2020. It holds total assets of $5.8M. Annual income is reported at $727K. Total assets have grown from $4.8M in 2021 to $6.2M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Chris And Dee Dee Gibson Foundation has made 4 grants totaling $880K, with a median grant of $250K. Annual giving has grown from $350K in 2022 to $530K in 2023. Individual grants have ranged from $100K to $280K, with an average award of $220K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in South Carolina and Virginia and Oregon. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Chris And Dee Dee Gibson Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in SC, VA, OR.
Chris And Dee Dee Gibson Foundation has distributed a total of $880K across 4 grants. The median grant size is $250K, with an average of $220K. Individual grants have ranged from $100K to $280K.
Chris And Dee Dee Gibson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Chris And Dee Dee Gibson Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah E Gibson | TREASURER/DIRECTOR | $60K | $0 | $60K |
| Christopher L Gibson | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Marcella C Gibson | VICE PRESIDENT/SECRETARY/DIRECTOR | $0 | $0 | N/A |
Total Giving
$721K
Total Assets
$6.2M
Fair Market Value
$7M
Net Worth
$6.2M
Grants Paid
$530K
Contributions
N/A
Net Investment Income
$88K
Distribution Amount
$335K
Total: N/A
Total Grants
4
Total Giving
$880K
Average Grant
$220K
Median Grant
$250K
Unique Recipients
3
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sterling Donor Advised FundGENERAL SUPPORT | Reston, VA | $280K | 2023 |
| Medical University Of South CarolinaNEW MEDICAL FACILITY ON JOHN'S ISLAND, SC | Charleston, SC | $250K | 2023 |
| Birch Community ServicesGENERAL SUPPORT, COOLER COMPRESSORS, SECURITY FENCE | Portland, OR | $100K | 2022 |