Lynn and Bruce Gibson Foundation
The Lynn and Bruce Gibson Foundation is a private foundation based in Bellevue, Washington. Established in June 2011, it operates as a 501(c)(3) charitable organization classified as a private independent foundation under the Philanthropy, Voluntarism & Grantmaking category.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-6.0% YoY
Annual Giving
$569K
+4.6% YoY
Grant Count
37
-9.8% YoY
Avg Grant Size
$15K
+15.9% YoY
Under IRS private-foundation payout rules, Lynn and Bruce Gibson Foundation reported a distributable amount of $679K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation supports organizations through general charity support grants.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Washington
- California
- Hawaii
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $1,672,971
- Total Revenues: $337,764
- Total Expenses: $555,675
- Investment Income and Dividends: $122,206
Staffing:
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,572,623 | $1,672,971 | $1,890,882 |
| Revenue | $483,793 | $337,764 | $-136,541 |
| Expenses | $584,141 | $555,675 | $572,413 |
| Qualifying Distributions | $576,145 | $549,562 | $570,109 |
| Net Investment Income | $475,796 | $331,651 | $122,823 |
| Distributable Amount | $678,816 | $559,897 | $545,745 |
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
216 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Overlake School ($80,000), Seva Foundation ($63,600), The Watumull Family Children's Fund ($45,500).
| Recipient | Purpose | Amount |
|---|---|---|
| YOUTHCARE SEAttle, WA | charity support | $40,000 |
| YOUTH EASTSIDE SERVICES BELLEVUE, WA | charity support | $15,000 |
| TREEHOUSE FOR KIDS SEATTLE, WA | charity support | $20,000 |
| SEVA FOUNDATION BERKLEY, CA | charity support | $63,600 |
| SEATTLE HUMANE SOCIETY BELLEVUE, WA | CHARITY SUPPORT | $25,000 |
| RYTHER SEATTLE, WA | CHARITY SUPPORT | $15,000 |
| PASADO'S SAFE HAVEN SULTAN, WA | CHARITY SUPPORT | $25,250 |
| OVERLAKE SCHOOL REDMOND, WA | CHARITY SUPPORT | $80,000 |
| MULTI-SERVICE CENTER FEDERAL WAY, WA | CHARITY SUPPORT | $15,000 |
| MODEST NEEDS FOUNDATION NEW YORK, NY | CHARITY SUPPORT | $6,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Bruce Gibson - Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bruce F Gibson | V.P. ,TREASURER & Director | — | — |
| Lynn C Gibson | PRESIDENT, SECRETARY & DIRECTO | — | — |
Contact Information
Address: PO Box 50268 Bellevue, WA 98015-0268
Telephone: 425-830-8139
EIN: 27-1464092
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Lynn and Bruce Gibson Foundation fund?
The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Lynn and Bruce Gibson Foundation?
**Grant Activity:** • Made 38 grants in 2023 • Typical grant awards range from $100 to $80,000 • Total giving in 2023: $568,650 **Recent Grantees (2023):** • Overlake School: $80,000 • Pasado's Safe Haven: $25,000 • Camp Korey: $25,000 • Bridge of Promise: $25,000 The foundation supports organizations through general charity support grants.
Where does Lynn and Bruce Gibson Foundation make grants?
The foundation primarily funds organizations in: • Washington • California • Hawaii
What size grants does Lynn and Bruce Gibson Foundation award?
In 2024, Lynn and Bruce Gibson Foundation awarded 37 grants totaling $569K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Lynn and Bruce Gibson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lynn and Bruce Gibson Foundation reported a distributable amount of $679K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lynn and Bruce Gibson Foundation's EIN?
Lynn and Bruce Gibson Foundation's EIN (Employer Identification Number) is 27-1464092. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lynn and Bruce Gibson Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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