Gibbs Christian Education Foundation Inc

OWASSO, OK EIN: 47-4271434

Gibbs Christian Education Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWASSO, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89K in total assets. In 2024, it awarded 1 grants totaling $1.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$89K

-96.7% YoY

Annual Giving

$1.4M

-45.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.4M

-45.8% YoY

Under IRS private-foundation payout rules, Gibbs Christian Education Foundation Inc reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

About Gibbs Christian Education Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $13.4M (100%)

States

Oklahoma

Cities

OwassoTulsa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$88,631	$2,688,397	$5,420,863
Revenue	$20,428	$139,069	$1,976,079
Expenses	$1,633,181	$2,871,656	$4,708,318
Qualifying Distributions	$82,377	$88,898	$258,716
Net Investment Income	—	$50,171	$91,108
Distributable Amount	$28,150	$193,090	$332,015

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Attached Sch B Contributions Paid ($1,409,753).

Recipient	Purpose	Amount
ATTACHED SCH B CONTRIBUTIONS PAID Tulsa, OK	GENERAL FUNDRAISER	$1,409,753

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JASON SHEFFIELD	PRESIDENT	—	$100,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gibbs Christian Education Foundation Inc?

Gibbs Christian Education Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OWASSO, OK. It holds $89K in total assets as of 2024.

How large is Gibbs Christian Education Foundation Inc?

As of 2024, Gibbs Christian Education Foundation Inc holds $89K in total assets with $20K in annual revenue. It awarded 1 grants totaling $1.4M in 2024.

Where does Gibbs Christian Education Foundation Inc operate?

Gibbs Christian Education Foundation Inc has awarded grants in Oklahoma.

What size grants does Gibbs Christian Education Foundation Inc award?

In 2024, Gibbs Christian Education Foundation Inc awarded 1 grants totaling $1.4M — an average of about $1.4M per grant, based on its IRS Form 990 filings.

How much is Gibbs Christian Education Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gibbs Christian Education Foundation Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gibbs Christian Education Foundation Inc's EIN?

Gibbs Christian Education Foundation Inc's EIN (Employer Identification Number) is 47-4271434. IRS Form 990 filing data is available on this page for 2020–2024.