//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Linus R Gilbert Foundation is a private corporation based in HOPEWELL, NJ. The foundation received its IRS ruling in 1965. The principal officer is New Jersey National Bk. It holds total assets of $1.2M. Annual income is reported at $1.2M. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Funding is distributed across 4 states, including West Virginia, Tennessee, Nebraska. According to available records, Linus R Gilbert Foundation has made 10 grants totaling $138K, with a median grant of $16K. The foundation has distributed between $67K and $71K annually from 2022 to 2023. Individual grants have ranged from $5K to $20K, with an average award of $14K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Tennessee, West Virginia, Nebraska, which account for 60% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$18K
Average Grant
$16K
Largest Grant
$19K
Based on 4 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.
Linus R Gilbert Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in TN, WV, NE.
Linus R Gilbert Foundation has distributed a total of $138K across 10 grants. The median grant size is $16K, with an average of $14K. Individual grants have ranged from $5K to $20K.
Linus R Gilbert Foundation typically selects its grantees rather than accepting unsolicited proposals.
Linus R Gilbert Foundation is headquartered in HOPEWELL, NJ. While based in NJ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas R Farr | Trustee | $0 | $0 | N/A |
| Nicholas G Farr | Trustee | $0 | $0 | N/A |
Total Giving
$93K
Total Assets
$1.2M
Fair Market Value
$1.4M
Net Worth
$1.2M
Grants Paid
$67K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$65K
Total: $798K
Total Grants
10
Total Giving
$138K
Average Grant
$14K
Median Grant
$16K
Unique Recipients
6
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shriners Hospital For ChildrenGeneral Purpose | Ranson, WV | $20K | 2023 |
| St Jude Research HospitalGeneral Purpose | Memphis, TN | $20K | 2023 |
| Boys Town NebraskaGeneral Purpose | Boys Town, NE | $15K | 2023 |
| Marine Toys For Tots FoundationGeneral Purpose | Triangle, VA | $7K | 2023 |
| Storm King SchoolGeneral Purpose | Cornwall Hdsn, NY | $5K | 2023 |
| Girls On The RunGeneral Purpose | Millburn, NJ | $10K | 2022 |