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Gibbs Charitable Foundation is a private trust based in SPARTANBURG, SC. The foundation received its IRS ruling in 2002. The principal officer is % Jimmy L Gibbs. It holds total assets of $31K. Annual income is reported at $1.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Gibbs Charitable Foundation has made 67 grants totaling $3.7M, with a median grant of $10K. Annual giving has grown from $1M in 2020 to $2.7M in 2022. Individual grants have ranged from $25 to $656K, with an average award of $55K. The foundation has supported 35 unique organizations. Grants have been distributed to organizations in South Carolina and North Carolina. Contributions to this foundation are tax-deductible.
Gibbs Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in SC, NC.
Gibbs Charitable Foundation has distributed a total of $3.7M across 67 grants. The median grant size is $10K, with an average of $55K. Individual grants have ranged from $25 to $656K.
Gibbs Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gibbs Charitable Foundation is headquartered in SPARTANBURG, SC. While based in SC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jimmy I Gibbs | TRUSTEE | $0 | $0 | $0 |
| Marsha H Gibbs | TRUSTEE | $0 | $0 | $0 |
| Sidney H Walker | TRUSTEE | $0 | $0 | $0 |
| Allen O Clark | TRUSTEE | $0 | $0 | $0 |
| J Brian Honeycutt | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.5M
Total Assets
$56K
Fair Market Value
$56K
Net Worth
$56K
Grants Paid
$1.5M
Contributions
$725K
Net Investment Income
$306
Distribution Amount
$8K
Total Grants
67
Total Giving
$3.7M
Average Grant
$55K
Median Grant
$10K
Unique Recipients
35
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCHARITABLE | Spartanburg, SC | $150 | 2022 |
| Sage Valley Golf FoundationCHARITABLE | Graniteville, SC | $100K | 2020 |
| Wofford CollegeCHARITABLE | Spartanburg, SC | $656K | 2022 |
| Spartanburg Regional FoundationCHARITABLE | Spartanburg, SC | $350K | 2022 |
| The Encouraging WordCHARITABLE |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Spartanburg, SC |
| $100K |
| 2022 |
| Svji Sports FoundationCHARITABLE | Greenville, SC | $100K | 2022 |
| Spartanburg County FoundationCHARITABLE | Spartanburg, SC | $40K | 2022 |
| Cancer AssociationCHARITABLE | Spartanburg, SC | $20K | 2022 |
| His Radio Network-Wlfj& WgfjCHARITABLE | Greenville, SC | $12K | 2022 |
| First Baptist Church Of SpartanburgCHARITABLE | Spartanburg, SC | $12K | 2022 |
| Impact SportsCHARITABLE | Spartanburg, SC | $12K | 2022 |
| Roebuck Baptist ChurchCHARITABLE | Roebuck, SC | $12K | 2022 |
| United Way Of The PiedmontCHARITABLE | Spartanburg, SC | $10K | 2022 |
| Middle Tyger Community CenterCHARITABLE | Lyman, SC | $6K | 2022 |
| Sc BestCHARITABLE | Spartanburg, SC | $3K | 2022 |
| School Ministries Of Spartanburg CountyCHARITABLE | Boiling Springs, SC | $3K | 2022 |
| Hub Grant MinistriesCHARITABLE | Boiling Springs, SC | $1K | 2022 |
| Palmetto Council Boy ScoutsCHARITABLE | Spartanburg, SC | $1K | 2022 |
| Spartanburg Humane SocietyCHARITABLE | Spartanburg, SC | $750 | 2022 |
| First Baptist Church Of SwannanoaCHARITABLE | Swannanoa, NC | $200 | 2022 |
| Charles Lea Center FoundationCHARITABLE | Spartanburg, SC | $50 | 2022 |
| Sc Fraternal Order Of PoliceCHARITABLE | Florence, SC | $25 | 2022 |
| Tyger River Chapel FoundationCHARITABLE | Spartanburg, SC | $50K | 2020 |
| Encouraging Word MinistriesCHARITABLE | Spartanburg, SC | $45K | 2020 |
| The First Tee Of The UpstateCHARITABLE | Greenville, SC | $25K | 2020 |
| Converse CollegeCHARITABLE | Spartanburg, SC | $10K | 2020 |
| Chapman Cultural Centerunited Arts FoundationCHARITABLE | Spartanburg, SC | $10K | 2020 |
| Christmas In ActionCHARITABLE | Spartanburg, SC | $5K | 2020 |
| Palmetto Council Boy Scouts Of AmericaCHARITABLE | Spartanburg, SC | $2K | 2020 |
| Bethel Umc Endowment FundCHARITABLE | Charleston, SC | $1K | 2020 |
| Thomas E Hannah Family YmcaCHARITABLE | Spartanburg, SC | $1K | 2020 |
| Morningside Baptist ChurchCHARITABLE | Spartanburg, SC | $500 | 2020 |
| Humane Society Of CharlotteCHARITABLE | Charlotte, NC | $500 | 2020 |
| Spartanburg County Historical AssociationCHARITABLE | Spartanburg, SC | $500 | 2020 |
| Samaritans PurseCHARITABLE | Boone, NC | $500 | 2020 |
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