Lynn and Bruce Gibson Foundation

BELLEVUE, WA EIN: 27-1464092

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

-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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Washington $1.8M (75%)

Hawaii $214K (9%)

California $197K (8%)

District of Columbia $85K (4%)

New York $85K (4%)

Texas $8K (0%)

Virginia $7K (0%)

Arizona $5K (0%)

+4 more states

States

Arizona California Connecticut District of Columbia Florida Hawaii Maryland New York Texas Virginia Vermont Washington

Cities

ArlingtonBefairBelfairBellevueBerkeleyBerkleyBremertonBurienCarnationDallasFederal WayHagerstownHonoluluIssaquahKailua KonaKirklandLake StevensLong BeachLongwoodMilpitas

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.