Chris and Dee Dee Gibson Foundation

RESTON, VA EIN: 85-1497261

Chris and Dee Dee Gibson Foundation is a private foundation, based in RESTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.8M in total assets. In 2024, it awarded 2 grants totaling $550K. Net investment income was $246K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.8M

-6.5% YoY

Annual Giving

$550K

+3.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$275K

+3.8% YoY

Under IRS private-foundation payout rules, Chris and Dee Dee Gibson Foundation reported a distributable amount of $354K for 2024 — the minimum it must pay out in qualifying distributions.

About Chris and Dee Dee Gibson Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $1.0M (59%)

Virginia $280K (17%)

Maryland $255K (15%)

Oregon $100K (6%)

Oklahoma $50K (3%)

States

Maryland Oklahoma Oregon South Carolina Virginia

Cities

BethesdaCharlestonOklahoma CityPortlandReston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,795,769	$6,201,476	$6,767,536
Revenue	$308,127	$154,607	$2,461,746
Expenses	$713,834	$720,667	$492,450
Qualifying Distributions	$651,816	$632,506	$365,821
Net Investment Income	$246,109	$88,104	$810,766
Distributable Amount	$354,392	$334,645	$256,409

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Medical University of South Carolina ($500,000), Feed the Children ($50,000).

Recipient	Purpose	Amount
MEDICAL UNIVERSITY OF SOUTH CAROLINA CHARLESTON, SC	NEW MEDICAL FACILITY ON JOHN'S ISLAND, SC	$500,000
FEED THE CHILDREN OKLAHOMA CITY, OK	GENERAL SUPPORT	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHRISTOPHER L GIBSON	PRESIDENT/DIRECTOR	1	—
MARCELLA C GIBSON	VICE PRESIDENT/SECRETARY/DIRECTOR	1	—
SARAH E GIBSON	TREASURER/DIRECTOR	20	$60,000

Frequently Asked Questions

How large is Chris and Dee Dee Gibson Foundation?

As of 2024, Chris and Dee Dee Gibson Foundation holds $5.8M in total assets with $308K in annual revenue. It awarded 2 grants totaling $550K in 2024.

Where does Chris and Dee Dee Gibson Foundation operate?

Chris and Dee Dee Gibson Foundation has awarded grants in Maryland, Oklahoma, Oregon, South Carolina, Virginia.

What size grants does Chris and Dee Dee Gibson Foundation award?

In 2024, Chris and Dee Dee Gibson Foundation awarded 2 grants totaling $550K — an average of about $275K per grant, based on its IRS Form 990 filings.

How much is Chris and Dee Dee Gibson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Chris and Dee Dee Gibson Foundation reported a distributable amount of $354K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Chris and Dee Dee Gibson Foundation's EIN?

Chris and Dee Dee Gibson Foundation's EIN (Employer Identification Number) is 85-1497261. IRS Form 990 filing data is available on this page for 2020–2024.