Gibbons Family Foundation Inc

Private foundation · Grantmaker New Providence, NJ EIN: 88-3105531

Gibbons Family Foundation Inc is a private foundation, 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.

Gibbons Family Foundation Inc at a glance

Total assets
$383,315
+36.9% vs 2023
Revenue (2024)
$104,697
-58.1% vs 2023
Net investment income (2024)
$10,494
Expenses (2024)
$1,342
-93.3% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Gibbons Family Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Blairstown

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2022 1 grant2023 0 grants2024

In 2023 it made 1 grant totaling $20K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Blair Academy Blairstown, NJGeneral$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$383,315$104,697$1,342———$10,494$17,149
2023$279,960$250,000$20,025$20,0001$20,000—$3,960
2022$49,985$50,000$15————$1,268

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.

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.

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.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Gibbons Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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