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Also known as: MUSIC FOUNDATION
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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. Total assets have grown from $21K in 2011 to $124K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Tennessee and North Carolina. 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.
Smallest Grant
$1K
Median Grant
$40K
Average Grant
$52K
Largest Grant
$125K
Based on 4 grants from the most recent 990-PF filing.
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.
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.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph F Gallivan | DIRECTOR | $0 | $0 | N/A |
| Barbara P Gibson | PRESIDENT | $0 | $0 | N/A |
| R Horton Frank Iii | SECRETARY/TR | $0 | $0 | N/A |
Total Giving
$36K
Total Assets
$124K
Fair Market Value
$124K
Net Worth
$116K
Grants Paid
$35K
Contributions
$140K
Net Investment Income
N/A
Distribution Amount
$4K
Total Grants
29
Total Giving
$854K
Average Grant
$29K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
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 |
| The Don Gibson TheatreGENERAL USE | Shelby, NC | $25K | 2021 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN