Addison Gibson Foundation

PITTSBURGH, PA EIN: 25-0965379

The Addison Gibson Foundation is a private foundation based in Pittsburgh, Pennsylvania, established in 1937. The foundation was created by Addison H. Gibson, a native of Elderton, Armstrong County, Pennsylvania, who was a pioneer in the nation's oil and gas industry during the early twentieth century. The foundation operates as a 501(c)(3) tax-exempt organization and has been tax-exempt since June 1940.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$48.4M

+5.1% YoY

Annual Giving

$3.5M

-8.7% YoY

Grant Count

30

+0.0% YoY

Avg Grant Size

$117K

-8.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is to help residents of western Pennsylvania become productive members of society through education or to return to productivity by receiving necessary medical treatment. The foundation operates through two primary program areas:

Education: The foundation provides low-interest education loans to residents of western Pennsylvania who have successfully completed at least one year of undergraduate or graduate study and continue to be enrolled as full-time students at accredited colleges or universities.

Healthcare: The foundation provides limited grants to healthcare providers on behalf of self-supporting residents of western Pennsylvania who have correctable medical conditions but do not have health insurance or the ability to pay for necessary treatment.

Grantmaking

The foundation makes grants across education and healthcare sectors. Recent grant recipients have included:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and individuals in western Pennsylvania, with a particular emphasis on the Pittsburgh area and surrounding regions including Clarion and Erie. The foundation also supports initiatives in Washington, DC.

Grant Distribution by State

3states

Cities

CaliforniaClarionConnellsvilleDuboisErieGreensburgGrove CityIndianaLatrobeLorettoMckeesportMeadvilleMonongahelaMonroevilleMoon TownshipNew WilmingtonPhiladelphiaPittsburghSenecaSlippery Rock

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $48,362,999
  • Total Revenue: $6,849,458
  • Total Expenses: $4,505,457
  • Total Liabilities: $0
  • Total Giving: $3,522,566

The foundation maintains a strong financial position with no outstanding liabilities and consistent annual revenues exceeding expenses.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$10M$13M20202021202220232024
Metric202420232022
Total Assets$48,362,999$46,009,046$46,607,630
Revenue$6,849,458$4,077,203$4,799,392
Expenses$4,505,457$4,641,129$5,458,921
Qualifying Distributions$3,907,505$4,310,760$4,938,749
Net Investment Income$6,322,746$3,761,225$4,437,555
Distributable Amount$3,295,551$3,436,220$2,910,979

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$5M0 grants20200 grants202127 grants202230 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Allegheny Health Network$500KWESTMINSTER COLLEGE$200KALLEGHENY COLLEGE$200KDuquesne University of t…$200KUPMC Presbyterian Shadys…$155KMercyhurst University$151KWashington & Jefferson C…$150KWAYNESBURG UNIVERSITY$150KUNIVERSITY OF PITTSBURGH…$150KSETON HILL UNIVERSITY$150K

Grant Size Distribution

87 grants across all recorded years

10<$50K21$50–100K48$100–250K5$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel managing the foundation include:

  • PNC Bank NA (Tax Manager and co-trustee)
  • Jerri A. Ryan (co-trustee)
  • Jeffrey J. Conn (co-trustee)

The foundation has one employee on staff.

Compensation Overview

From 2024 IRS filing

PNC BANK NACO-TRUSTEE$133KJERRI A RYANCO-TRUSTEE$33KJEFFREY J CONNCO-TRUSTEE$33K

From 2024 filing

NameTitleHoursCompensation
PNC BANK NACO-TRUSTEE1$132,923
JERRI A RYANCO-TRUSTEE1$33,231
JEFFREY J CONNCO-TRUSTEE1$33,231

Recent News & Activity

Recent developments and announcements

The foundation has been active in supporting healthcare initiatives in western Pennsylvania. Recent grants have supported vision care services through the Eye & Ear Foundation of Pittsburgh, helping low vision patients access necessary treatment. The foundation has also maintained its commitment to higher education through grants to regional colleges and universities.

2023 Addison Gibson Grant - Eye & Ear Foundation of Pittsburgh

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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