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Gipson Family Foundation is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1997. The principal officer is Thomas Gipson. It holds total assets of $56.6M. Annual income is reported at $6.3M. Total assets have grown from $12.5M in 2011 to $56.6M in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. Grantmaking is concentrated in North Carolina. According to available records, Gipson Family Foundation has made 236 grants totaling $5.1M, with a median grant of $10K. Annual giving has grown from $1.3M in 2020 to $2.8M in 2022. Individual grants have ranged from $500 to $585K, with an average award of $22K. The foundation has supported 84 unique organizations. The foundation primarily supports organizations in North Carolina, Pennsylvania, New York, which account for 72% of all grants. Grantmaking reaches organizations across 18 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$23K
Largest Grant
$585K
Based on 61 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.
Gipson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 236 grants. Its grantmaking reaches organizations primarily in NC, PA, NY.
Gipson Family Foundation has distributed a total of $5.1M across 236 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $500 to $585K.
Gipson Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (562001414) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Gipson Family Foundation is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 18 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Cheatham | TRUSTEE | $0 | $0 | N/A |
| Donald Gipson | TRUSTEE | $0 | $0 | N/A |
| Clay Gipson | TRUSTEE | $0 | $0 | N/A |
| Cary Gipson | TRUSTEE | $0 | $0 | N/A |
| Patricia C Gipson | TRUSTEE | $0 | $0 | N/A |
| Thomas Gipson | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$56.6M
Fair Market Value
N/A
Net Worth
$56.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
236
Total Giving
$5.1M
Average Grant
$22K
Median Grant
$10K
Unique Recipients
84
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Benjamin Franklin HouseGENERA ACTIVITIES | London, NC | $30K | 2022 |
| Triangle Community FoundationGENERAL ACTIVITIES | Durham, NC | $585K | 2022 |
| Habitat Fro Humanity Lake Sumpter FGENERAL ACTIVITIES | The Villages, FL | $35K | 2022 |
| Girls On The Run Of The TriangleGENERAL ACTIVITIES | Durham, NC | $30K | 2022 |
| Franklin & Marshall CollegeGENERAL ACTIVITIES | Lancaster, PA | $25K | 2022 |
| Familes TogetherGENERAL ACTIVITIES | Raleigh, NC | $25K | 2022 |
| Boys & Girls Clubs Of Kings CountyGENERAL ACTIITIES | Seattle, WA | $25K | 2022 |
| Raleigh Area Land TrustGENERAL ACTIVITIES | Raleigh, NC | $25K | 2022 |
| Ymca Of The TriangleGENERAL ACTIVITIES | Cary, NC | $25K | 2022 |
| Habitat Of Wake CountyGENERAL ACTIVITIES | Raleigh, NC | $25K | 2022 |
| Community In Schools Of Wake CountyGENERAL ACTIVITES | Raleigh, NC | $25K | 2022 |
| American Liver FoundationGENERAL ACTIVITES | New York, NY | $25K | 2022 |
| Oak City CaresGENERAL ACTIVITIES | Raleigh, NC | $25K | 2022 |
| North Carolina Center On Actual InnGENERAL ACTIVITIES | Durham, NC | $25K | 2022 |
| Food Bank Of Central & Eastern NcGENERAL ACTIVITIES | Raleigh, NC | $25K | 2022 |
| Ymca Of SeattleGENERAL ACTIVITIES | Seattle, WA | $25K | 2022 |
| Urban MinistriesGENERAL ACTIVITIES | Raleigh, NC | $25K | 2022 |
| American Immigration CouncilGENERAL ACTIVITIES | Philadephia, PA | $20K | 2022 |
| Southern Poverty Law CenterGENERAL ACTIVITIES | Montgomery, AL | $20K | 2022 |
| National Immigration Law CenterGENERAL ACTIVITIES | Los Angeles, CA | $20K | 2022 |
| Littleton AcademyGENREAL ACTIVITIES | Littleton, NC | $20K | 2022 |
| Listening Hearts MinistriesGENERAL ACTIVITIES | Baltimore, MD | $20K | 2022 |
| Konbit Sante CapGENERAL ACTIVITIES | Falmouth, ME | $20K | 2022 |
| Donors ChooseGENERAL ACTIVITIES | Bronx, NY | $15K | 2022 |
| Grace Lutheran ChurchGENERAL ACTIVITIES | Raleigh, NC | $15K | 2022 |
| Nc Arts In ActionGENERAL ACTIVITIES | Durham, NC | $15K | 2022 |