The Gibbs Charitable Foundation is a private foundation established in 2002 and located in Spartanburg, South Carolina. It operates as a company-sponsored foundation with a primary purpose of providing income from the recovery of contributions paid in prior years.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31K
-45.0% YoY
Annual Giving
$1.2M
-16.7% YoY
Grant Count
26
-13.3% YoY
Avg Grant Size
$47K
-3.9% YoY
Mission & Focus Areas
The foundation supports organizations involved with:
- Radio
- Higher education
- Health
- Hunger
- Sports
- Human services
- Christianity
Grantmaking
The foundation made 25 grants in 2023. Recent notable grants include:
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation gives primarily in South Carolina, with emphasis on Spartanburg.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $55,959
- Total Revenues: $725,306
- Total Expenses: $1,473,184
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,754 | $55,959 | $803,837 |
| Revenue | $1,200,199 | $725,306 | $2,136,709 |
| Expenses | $1,225,404 | $1,473,184 | $1,339,476 |
| Qualifying Distributions | $1,225,400 | $1,471,850 | $1,339,475 |
| Net Investment Income | $199 | $306 | $109 |
| Distributable Amount | $5,158 | $7,966 | $2,201 |
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
131 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
- Marsha Gibbs — Director
- Jimmy I. Gibbs — Trustee/Donor
- Allen O. Clark — Trustee
- J. Brian Honeycutt — Trustee
- Joe Lesesne — Trustee
- Sidney H. Walker — Trustee
Donors: Jimmy I. Gibbs, Marsha H. Gibbs, and Gibbs International, Inc.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIMMY I GIBBS | TRUSTEE | — | — |
| MARSHA H GIBBS | TRUSTEE | — | — |
| SIDNEY H WALKER | TRUSTEE | — | — |
| ALLEN O CLARK | TRUSTEE | — | — |
| J BRIAN HONEYCUTT | TRUSTEE | — | — |
Contact Information
Address: PO Box 1727, Spartanburg, SC 29304-1727
Phone: 864-439-8752
EIN: 57-1111450
Subject 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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