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Gsb Family Foundation Inc. is a private corporation based in VERO BEACH, FL. The foundation received its IRS ruling in 1997. It holds total assets of $421K. Annual income is reported at $114K. Total assets have grown from $264K in 2011 to $437K in 2023. The foundation is governed by 5 officers and trustees. 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 Colorado. According to available records, Gsb Family Foundation Inc. has made 25 grants totaling $154K, with a median grant of $3K. Annual giving has decreased from $86K in 2021 to $44K in 2023. Individual grants have ranged from $1K to $22K, with an average award of $6K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Colorado, Texas, North Carolina, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 5 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.
Gsb Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in CO, TX, NC.
Gsb Family Foundation Inc. has distributed a total of $154K across 25 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $1K to $22K.
Gsb Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gsb Family Foundation Inc. is headquartered in VERO BEACH, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brenda M Bailey | V. PRES | $0 | $0 | N/A |
| Jeff Bailey | PRES / SEC | $0 | $0 | N/A |
| Douglas Bailey | V PRES | $0 | $0 | N/A |
| Mary Bailey | V PRES | $0 | $0 | N/A |
| J Vincent Boyle | TREASURER | $0 | $0 | N/A |
Total Giving
$45K
Total Assets
$437K
Fair Market Value
$683K
Net Worth
$437K
Grants Paid
$44K
Contributions
$51K
Net Investment Income
$49K
Distribution Amount
$29K
Total: $280K
Total Grants
25
Total Giving
$154K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
13
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Communities Foundation Of Texas IncCHARITABLE PURPOSES | Dallas, TX | $17K | 2023 |
| Western Carolina University FoundationCHARITABLE PURPOSES | Cullowhee, NC | $17K | 2023 |
| Youthpower365CHARITABLE PURPOSES | Avon, CO | $5K | 2023 |
| The Salvation Army VailCHARITABLE PURPOSES | Avon, CO | $3K | 2023 |
| Vail Valley Charitable Fund IncCHARITABLE PURPOSES | Edwards, CO | $2K | 2023 |
| Friends Of Mountain RescueCHARITABLE PURPOSES | Edwards, CO | $2K | 2023 |
| Vail Valley FoundationCHARITABLE PURPOSES | Avon, CO | $3K | 2022 |
| Vail Veterans Foundation IncCHARITABLE PURPOSES | Vail, CO | $2K | 2022 |
| Mountain Valley Horse RescueCHARITABLE PURPOSES | Mccoy, CO | $1K | 2022 |
| Feeding South Florida IncCHARITABLE PURPOSES | Pembroke Park, FL | $20K | 2021 |
| ProjecthandupCHARITABLE PURPOSES | Grapevine, TX | $5K | 2021 |
| Vetgroup IncCHARITABLE PURPOSES | Forked River, NJ | $5K | 2021 |
| Vail Public LibraryCHARITABLE PURPOSES | Vail, CO | $2K | 2021 |