Gilbert Fund for Indigent Persons

Foundation · Grantmaker Gloucester, MA EIN: 04-2277209

Gilbert Fund for Indigent Persons is a private foundation, based in Gloucester, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $308K in total assets. In 2024, it awarded 1 grant totaling $16K. Net investment income was $22K.

Key facts about Gilbert Fund for Indigent Persons

EIN
04-2277209
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$16,300
Grants made (2024)
1
Average grant
$16,300
Median grant
$16,300
Total assets
$308,474
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

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

How Gilbert Fund for Indigent Persons gives

  • Giving held roughly steady from 2021 to 2024 (−9%). Method
  • In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Next steps with Gilbert Fund for Indigent Persons

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$308K

+1.9% YoY

Annual Giving

$16K

+7.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$16K

+7.9% YoY

Under IRS private-foundation payout rules, Gilbert Fund for Indigent Persons reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

About Gilbert Fund for Indigent Persons

Based on IRS filings

Gilbert Fund for Indigent Persons is a private foundation, based in Gloucester, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $308K in total assets. In 2024, it awarded 1 grant totaling $16K. Net investment income was $22K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

Gloucester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$18K$27K$36K20202021202220232024
Metric202420232022
Total Assets$308,474$302,844$317,437
Revenue$24,692$3,695$26,079
Expenses$19,179$18,305$21,864
Qualifying Distributions$16,350$15,150$19,150
Net Investment Income$21,674$5,079$23,708
Distributable Amount$16,829$15,674$15,956

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$14K$19K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Gilbert Fund for Indigent Persons: $16KGilbert Fund for IndigentPersons$16K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Gilbert Fund for Indigent Persons ($16,300).

RecipientPurposeAmount
GILBERT FUND FOR INDIGENT PERSONS Gloucester, MAGENERAL PURPOSES$16,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Benjamin a Smith IVPresident1—
Cassandra SmithTreasurer1—

Frequently Asked Questions

How large is Gilbert Fund for Indigent Persons?

As of 2024, Gilbert Fund for Indigent Persons holds $308K in total assets with $25K in annual revenue. It awarded 1 grant totaling $16K in 2024.

Where does Gilbert Fund for Indigent Persons operate?

Gilbert Fund for Indigent Persons has awarded grants in Massachusetts.

What size grants does Gilbert Fund for Indigent Persons award?

In 2024, Gilbert Fund for Indigent Persons awarded 1 grant totaling $16K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Gilbert Fund for Indigent Persons required to give away each year?

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

What is Gilbert Fund for Indigent Persons's EIN?

Gilbert Fund for Indigent Persons's EIN (Employer Identification Number) is 04-2277209. IRS Form 990 filing data is available on this page for 2020–2024.

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

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