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Gibbons Family Foundation Inc. is a private corporation based in NEW PROVIDENCE, NJ. The foundation received its IRS ruling in 2022. The principal officer is David Henry Gibbons Jr. It holds total assets of $383K. Annual income is reported at $215K. Total assets have grown from $50K in 2022 to $280K 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 2022 to 2023. According to available records, Gibbons Family Foundation Inc. has made 1 grants totaling $20K, with a median grant of $20K. Grant recipients are concentrated in New Jersey. 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.
Gibbons Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NJ.
Gibbons Family Foundation Inc. has distributed a total of $20K across 1 grants. The median grant size is $20K, with an average of $20K. Individual grants have ranged from $20K to $20K.
Gibbons Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gibbons Family Foundation Inc. is headquartered in NEW PROVIDENCE, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John O Mcmanus | Trustee | $0 | $0 | N/A |
| David H Gibbons Jr | Trustee | $0 | $0 | N/A |
| Susan W Gibbons | Trustee | $0 | $0 | N/A |
| Samuel Gibbons | Trustee | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$280K
Fair Market Value
$280K
Net Worth
$280K
Grants Paid
$20K
Contributions
$250K
Net Investment Income
N/A
Distribution Amount
$4K
Total Grants
1
Total Giving
$20K
Average Grant
$20K
Median Grant
$20K
Unique Recipients
1
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Blair AcademyGeneral | Blairstown, NJ | $20K | 2023 |