GBL Foundation Inc
GBL Foundation Inc is a private foundation, based in Naples, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 7 grants totaling $126K. Net investment income was $144K.
GBL Foundation Inc at a glance
In short: GBL Foundation Inc gave $126K across 7 grants in 2025 (avg $18K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $126,110
- +10.0% vs 2024
- Grants made (2025)
- 7
- +0.0% vs 2024
- Average grant
- $18,016
- +10.0% vs 2024
- Median grant
- $20,000
- Total assets
- $2,226,008
- -0.3% vs 2024
- Primary geography
- Massachusetts (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who GBL Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Dana Farber Cancer Institute ($30K). Together the top 7 received $126K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 33 grants of 33 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How GBL Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 106% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $100K (2020) to $126K (2025). In 2025 it made 7 grants totaling $126K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dana Farber Cancer Institute Boston, MA | Cancer Research | $30,000 |
| Childrens Hospital Boston, MA | Unrestricted | $30,000 |
| Endicott College Beverly, MA | Support of Educational Programs | $27,000 |
| The Tunnel to Towers Foundation Staten Island, NY | To Support Veterans and First Responders. | $20,000 |
| Mass General Hospital Boston, MA | Medical Research | $15,000 |
| Paul Tracey 16 Memorial Foundation Inc Waltham, MA | Social Services | $3,450 |
| Waltham Cridiron Club Foundation Inc Waltham, MA | To support the student-athletes and cheerleaders of the waltham high school football team. | $660 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,226,008 | $161,895 | $169,504 | $126,110 | 7 | $149,151 | $144,042 | $140,085 |
| 2024 | $2,233,095 | $178,060 | $155,378 | $114,600 | 7 | $137,047 | $161,201 | $132,488 |
| 2023 | $2,221,129 | $168,631 | $145,159 | $106,400 | 7 | $129,123 | $141,877 | $120,579 |
| 2022 | $2,197,050 | $31,541 | $160,417 | $115,250 | 6 | $136,767 | $58,712 | $128,368 |
| 2021 | $2,325,340 | $253,209 | $147,387 | $115,500 | 6 | $125,649 | $233,360 | $138,712 |
| 2020 | $2,219,631 | $145,825 | $143,130 | $100,000 | 6 | — | $125,151 | $124,922 |
Under IRS private-foundation payout rules, GBL Foundation Inc reported a distributable amount of $140K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
GBL Foundation Inc is led by Michelle Labossiere, President & Treasurer on every filing since 2020; 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Michelle Labossiere
President & Treasurer
On filings since 2020
5 hrs/week
$20K (2020) → $20K (2025)
Judith Brunaccini
Clerk & Director
On filings since 2020
No compensation reported
Nancy Higgins
Director
On filings since 2020
No compensation reported
Robert Labossiere
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $20K, to Michelle Labossiere (President/Treasurer).
Frequently asked questions about GBL Foundation Inc
How much does GBL Foundation Inc give each year?
GBL Foundation Inc gave $126K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $115K across 7 grants.
What is GBL Foundation Inc's typical grant size?
GBL Foundation Inc's median grant in 2025 was $20,000, and its average grant was $18,016, across 7 grants on its 2025 IRS Form 990-PF.
Where does GBL Foundation Inc give grants?
GBL Foundation Inc gives mostly in Massachusetts: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (16%). The most frequent recipient cities were Boston, MA (3 grants) and Waltham, MA (2 grants).
Does GBL Foundation Inc give general operating support?
Yes: 14% of GBL Foundation Inc's 2025 grants with a stated purpose (1 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are GBL Foundation Inc's largest grantees?
GBL Foundation Inc's largest 2025 grantees include Dana Farber Cancer Institute ($30,000), Childrens Hospital ($30,000) and Endicott College ($27,000), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.
How large is GBL Foundation Inc?
GBL Foundation Inc reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $149K in qualifying distributions that year, against a required minimum of $140K (roughly 5% of its investment assets).
What is GBL Foundation Inc's EIN?
GBL Foundation Inc's EIN (Employer Identification Number) is 20-8056266. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 21, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work GBL Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in GBL Foundation Inc's focus areas in our free grants database
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