Peter and Katy Gibbons Foundation
Peter and Katy Gibbons Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVON LAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $905K in total assets. In 2024, it awarded 7 grants totaling $81K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$905K
+51.0% YoY
Annual Giving
$81K
+7.2% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$12K
-8.1% YoY
Under IRS private-foundation payout rules, Peter and Katy Gibbons Foundation reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
About Peter and Katy Gibbons Foundation
Based on IRS filings
Peter and Katy Gibbons Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVON LAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $905K in total assets. In 2024, it awarded 7 grants totaling $81K. Net investment income was $19K.
Focus Areas
Ready to take the next step with Peter and Katy Gibbons Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $904,867 | $599,238 | $653,197 |
| Revenue | $398,031 | $26,828 | $34,398 |
| Expenses | $92,530 | $80,424 | $106,386 |
| Qualifying Distributions | $80,700 | $75,250 | $97,500 |
| Net Investment Income | $19,016 | $21,654 | $27,192 |
| Distributable Amount | $36,927 | $32,614 | $35,574 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jesuit School of Theology of Santa Clara University ($20,000), Malachi Center ($20,000), Saint Ignatius High School ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CATHOLIC COMMUNITY FOUNDATION HEART OF A SHEPHERD CLEVELAND, OH | DONATION | $15,000 |
| JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA UNIVERSITY BERKELEY, CA | DONATION | $20,000 |
| MALACHI CENTER CLEVELAND, OH | DONATION | $20,000 |
| SAINT IGNATIUS HIGH SCHOOL CLEVELAND, OH | DONATION | $17,500 |
| ST JOSEPH PARISH AMHERST, OH | DONATION | $300 |
| WEST SIDE CATHOLIC CENTER CLEVELAND, OH | DONATION | $6,900 |
| YOUTH DYNAMICS BILLINGS, MT | DONATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER GIBBONS | TRUSTEE | — | — |
| KATHLEEN GIBBONS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Peter and Katy Gibbons Foundation?
Peter and Katy Gibbons Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVON LAKE, OH. It holds $905K in total assets as of 2024.
How large is Peter and Katy Gibbons Foundation?
As of 2024, Peter and Katy Gibbons Foundation holds $905K in total assets with $398K in annual revenue. It awarded 7 grants totaling $81K in 2024.
Where does Peter and Katy Gibbons Foundation operate?
Peter and Katy Gibbons Foundation has awarded grants in California, Florida, Georgia, Montana, Ohio.
What size grants does Peter and Katy Gibbons Foundation award?
In 2024, Peter and Katy Gibbons Foundation awarded 7 grants totaling $81K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Peter and Katy Gibbons Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Peter and Katy Gibbons Foundation reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peter and Katy Gibbons Foundation's EIN?
Peter and Katy Gibbons Foundation's EIN (Employer Identification Number) is 83-4685554. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Peter and Katy Gibbons Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Cooper Tire Foundation Inc
AKRON, OH
Assets
$71K
Grants
2
Total Given
$67K
Auburn Education Foundation
CONCORD TOWNSHIP, OH
Assets
$352K
Grants
2
Total Given
$214K
Galpin-white Ta
BROOKLYN, OH
Assets
$16K
Grants
1
Total Given
$887
The Cleveland Superior Arts
CLEVELAND, OH
Assets
$5K
Grants
1
Total Given
$251K
Mary E H Rutter Tr Para 28
BROOKLYN, OH
Assets
$401K
Grants
1
Total Given
$26K
Carrie Peska Memorial Scholarship Fund
ANDOVER, OH
Assets
$19K
Grants
1
Total Given
$4K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Peter and Katy Gibbons Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Peter and Katy Gibbons Foundation to a real strategy.