A B Gilbert Foundation is a private foundation focused on Education, based in SANTO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $118K. Net investment income was $173K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+0.3% YoY
Annual Giving
$118K
+2850.6% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$30K
+637.7% YoY
Under IRS private-foundation payout rules, A B Gilbert Foundation reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.
About A B Gilbert Foundation
Based on IRS filings
A B Gilbert Foundation is a private foundation focused on Education, based in SANTO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $118K. Net investment income was $173K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,017,337 | $2,011,576 | $2,003,013 |
| Revenue | $194,467 | $69,659 | $45,658 |
| Expenses | $188,706 | $60,913 | $143,331 |
| Qualifying Distributions | $171,308 | $49,313 | $125,850 |
| Net Investment Income | $173,178 | $39,946 | $11,732 |
| Distributable Amount | $67,304 | $65,317 | $71,471 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Santo Isd ($100,000), Weatherford College ($6,025), Texas A&m University ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SANTO ISD SANTO, TX | GENERAL SUPPORT | $100,000 |
| TEXAS A&M UNIVERSITY COLLEGE STATION, TX | COLLEGE SCHOLARSHIP | $6,000 |
| TEXAS WOMENS UNIVERSITY DENTON, TX | COLLEGE SCHOLARSHIP | $6,000 |
| WEATHERFORD COLLEGE WEATHERFORD, TX | COLLEGE SCHOLARSHIP | $6,025 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSIE CHESNUT | DIRECTOR | 1 | $12,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is A B Gilbert Foundation?
A B Gilbert Foundation is a private foundation focused on Education, based in SANTO, TX. It holds $2.0M in total assets as of 2024.
How large is A B Gilbert Foundation?
As of 2024, A B Gilbert Foundation holds $2.0M in total assets with $194K in annual revenue. It awarded 4 grants totaling $118K in 2024.
Where does A B Gilbert Foundation operate?
A B Gilbert Foundation has awarded grants in Texas.
What size grants does A B Gilbert Foundation award?
In 2024, A B Gilbert Foundation awarded 4 grants totaling $118K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is A B Gilbert Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, A B Gilbert Foundation reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is A B Gilbert Foundation's EIN?
A B Gilbert Foundation's EIN (Employer Identification Number) is 75-2825884. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in A B Gilbert Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.