Gibbons Family Foundation Inc

Foundation · Grantmaker New Providence, NJ EIN: 88-3105531

Gibbons Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Providence, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $383K in total assets. Net investment income was $10K.

Key facts about Gibbons Family Foundation Inc

EIN
88-3105531
Latest 990 filing
Form 990-PF, 2024
Total assets
$383,315

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$383K

+36.9% YoY

Revenue

$105K

-58.1% YoY

Net Investment Income

$10K

Expenses

$1K

-93.3% YoY

Under IRS private-foundation payout rules, Gibbons Family Foundation Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

How Gibbons Family Foundation Inc gives

  • In 2023 it paid out 505% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Blairstown

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K202220232024
Metric202420232022
Total Assets$383,315$279,960$49,985
Revenue$104,697$250,000$50,000
Expenses$1,342$20,025$15
Qualifying Distributions—$20,000—
Net Investment Income$10,494——
Distributable Amount$17,149$3,960$1,268

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Gibbons Family Foundation Inc's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David H. Gibbons Jr.

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • John O. McManus

    Trustee

    On filings since 2022

    No compensation reported

  • Samuel Gibbons

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Susan W. Gibbons

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Gibbons Family Foundation Inc

How large is Gibbons Family Foundation Inc?

Gibbons Family Foundation Inc reported $383K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $105K.

What is Gibbons Family Foundation Inc?

Gibbons Family Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in New Providence, NJ. It holds $383K in total assets as of 2024.

Where does Gibbons Family Foundation Inc operate?

Gibbons Family Foundation Inc has awarded grants in New Jersey.

How much is Gibbons Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gibbons Family Foundation Inc reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gibbons Family Foundation Inc's EIN?

Gibbons Family Foundation Inc's EIN (Employer Identification Number) is 88-3105531. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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