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
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
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
87 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK NA | CO-TRUSTEE | 1 | $132,923 |
| JERRI A RYAN | CO-TRUSTEE | 1 | $33,231 |
| JEFFREY J CONN | CO-TRUSTEE | 1 | $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 PittsburghSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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