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Gbl Foundation Inc. is a private corporation based in NAPLES, FL. The foundation received its IRS ruling in 2007. The principal officer is Michelle Labossiere. It holds total assets of $2.2M. Annual income is reported at $823K. Total assets have decreased from $2.9M in 2011 to $2.2M in 2023. The foundation is governed by 4 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 2023. Grantmaking is concentrated in Massachusetts. According to available records, Gbl Foundation Inc. has made 25 grants totaling $437K, with a median grant of $20K. The foundation has distributed between $100K and $116K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $116K distributed across 6 grants. Individual grants have ranged from $250 to $35K, with an average award of $17K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Massachusetts and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$17K
Largest Grant
$35K
Based on 6 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.
Gbl Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MA, GA.
Gbl Foundation Inc. has distributed a total of $437K across 25 grants. The median grant size is $20K, with an average of $17K. Individual grants have ranged from $250 to $35K.
Gbl Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gbl Foundation Inc. is headquartered in NAPLES, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michelle Labossiere | PRESIDENT/TREASURER | $20K | $0 | $20K |
| Nancy Higgins | DIRECTOR | $0 | $0 | N/A |
| Robert Labossiere | DIRECTOR | $0 | $0 | N/A |
| Judith Brunaccini | CLERK/DIRECTOR | $0 | $0 | N/A |
Total Giving
$145K
Total Assets
$2.2M
Fair Market Value
$2.6M
Net Worth
$2.2M
Grants Paid
$106K
Contributions
N/A
Net Investment Income
$142K
Distribution Amount
$121K
Total: $2.2M
Total Grants
25
Total Giving
$437K
Average Grant
$17K
Median Grant
$20K
Unique Recipients
9
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Childrens HospitalUNRESTRICTED | Boston, MA | $25K | 2023 |
| Endicott CollegeSUPPORT OF EDUCATIONAL PROGRAMS | Beverly, MA | $25K | 2023 |
| Dana Farber Cancer InstituteCANCER RESEARCH | Boston, MA | $25K | 2023 |
| Mass General HospitalMEDICAL RESEARCH | Boston, MA | $20K | 2023 |
| Cam Neely FoundationTO SUPPORT CANCER RESEARCH. | Boston, MA | $10K | 2023 |
| Making Strides Against Breast CancerMEDICAL RESEARCH | Atlanta, GA | $1K | 2023 |
| Shriners Children'S BostonMEDICAL RESEARCH | Boston, MA | $400 | 2023 |
| Paul Logue Charitable FoundationRecreation, Sports, Leisure, and Athletics THE NEEDY. | Waltham, MA | $250 | 2022 |
| Newton Wellesley HospitalTO ASSIST IN MEDICAL CARE | Newton, MA | $10K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL