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Also known as: MUSIC FOUNDATION
Don Gibson American Music Foundation is a private corporation based in NASHVILLE, TN. The foundation received its IRS ruling in 2006. The principal officer is % Edwin S Pyle. It holds total assets of $39K. Annual income is reported at $3K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Don Gibson American Music Foundation has made 29 grants totaling $854K, with a median grant of $5K. The foundation has distributed between $35K and $618K annually from 2020 to 2024. Grantmaking activity was highest in 2022 with $618K distributed across 12 grants. Individual grants have ranged from $1K to $125K, with an average award of $29K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in North Carolina and Tennessee. Contributions to this foundation are tax-deductible.
Don Gibson American Music Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in NC, TN.
Don Gibson American Music Foundation has distributed a total of $854K across 29 grants. The median grant size is $5K, with an average of $29K. Individual grants have ranged from $1K to $125K.
Don Gibson American Music Foundation typically selects its grantees rather than accepting unsolicited proposals.
Don Gibson American Music Foundation is headquartered in NASHVILLE, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph F Gallivan | DIRECTOR | $0 | $0 | $0 |
| Barbara P Gibson | PRESIDENT | $0 | $0 | $0 |
| R Horton Frank Iii | SECRETARY/TR | $0 | $0 | $0 |
Total Giving
$36K
Total Assets
$124K
Fair Market Value
$124K
Net Worth
$116K
Grants Paid
$35K
Contributions
$140K
Net Investment Income
$0
Distribution Amount
$4K
Total Grants
29
Total Giving
$854K
Average Grant
$29K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Destination Cleveland CountyGENERAL USE | Shelby, NC | $25K | 2024 |
| Country Music Hall Of FameGENERAL USE | Nashville, TN | $5K | 2024 |
| The Bankers House FoundationGENERAL USE | Shelby, NC | $4K | 2024 |
| Nashville Songwriters Hall Of FameGENERAL USE | Nashville, TN | $1K | 2024 |
| Belmont UniversitySPENDING FUND | Nashville, TN | $5K | 2022 |
| 2020 | 990PF | View |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| The Don Gibson TheatreGENERAL USE |
| Shelby, NC |
| $25K |
| 2021 |
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