The Gibault Foundation Inc
Provide support to Gibault, Inc. and its related not-for-profit affiliated corporations which qualify under Section 501(c)(3) of the Internal Revenue Service code.
The Gibault Foundation Inc at a glance
In short: The Gibault Foundation Inc gave $2.7M across 1 grant in 2025 (avg $2.7M), mostly in Indiana. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,663,354
- +25.9% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $2,663,354
- +151.8% vs 2024
- Median grant
- $2,663,354
- Total assets
- $31,807,831
- -2.8% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Gibault Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Gibault Inc ($2.7M).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $500K–1M range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Gibault Foundation Inc gives
- Giving grew 213% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $850K (2020) to $2.7M (2025). In 2025 it made 1 grant totaling $2.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gibault Inc Terre Haute, IN | To provide operating support. | $2,663,354 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $31,807,831 | $2,907,384 | $4,059,608 | $2,663,354 | 1 | $778,110 |
| 2024 | $32,717,269 | $3,295,000 | $3,576,732 | $2,115,400 | 2 | $843,641 |
| 2023 | $33,402,109 | $19,053,901 | $1,873,173 | $858,000 | 1 | $575,928 |
| 2022 | $15,146,507 | $1,538,957 | $1,337,880 | $850,000 | 1 | $415,604 |
| 2021 | $16,823,489 | $2,060,951 | $1,346,430 | $850,000 | 1 | $1,037,277 |
| 2020 | $16,156,672 | $1,128,177 | $1,337,283 | $850,000 | 1 | $232,308 |
About The Gibault Foundation Inc
Based on IRS filings
The Gibault Foundation Inc is a public charity focused on Education, based in Terre Haute, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $31.8M in total assets. In 2025, it awarded 1 grant totaling $2.7M. Net investment income was $778K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Gibault Foundation Inc is led by Michele Madley, CEO on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michele Madley
CEO
On filings since 2020
1 hr/week
No compensation reported
Scott Crossen
President
Vice President → President, 2024
On filings since 2022
1 hr/week
No compensation reported
Gilbert Spisak
Director
On filings since 2024
1 hr/week
No compensation reported
Joseph Stefanich
Director
New on the 2025 filing
1 hr/week
No compensation reported
Steve Lutz
Director
New on the 2025 filing
1 hr/week
No compensation reported
Martin McCoy Jr.
Treasurer
Vice President → Director, 2022
Director → Treasurer, 2025
On filings since 2020
1 hr/week
No compensation reported
Paul Zielinski
Secretary
On filings since 2020
1 hr/week
No compensation reported
Scott Schutte
Vice President
President → Director, 2024
Director → Vice President, 2025
On filings since 2022
1 hr/week
No compensation reported
Former officers (6)
- Former: Jeffrey R Guenther (2020–2024) — Treasurer
- Former: James Funk (2023–2024) — Vice President
- Former: James Winning (2023) — Director
- Former: Doug Adams (2020–2021) — Vice President
- Former: Robert Lynch (2020–2021) — President
- Former: Craig Hanusin (2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Gibault Foundation Inc
How much does The Gibault Foundation Inc give each year?
The Gibault Foundation Inc gave $2.7M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.1M across 2 grants.
How large is The Gibault Foundation Inc?
The Gibault Foundation Inc reported $31.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.9M.
What is The Gibault Foundation Inc?
The Gibault Foundation Inc is a public charity focused on Education, based in Terre Haute, IN. It holds $31.8M in total assets as of 2025.
Where does The Gibault Foundation Inc operate?
The Gibault Foundation Inc has awarded grants in Indiana.
What is The Gibault Foundation Inc's EIN?
The Gibault Foundation Inc's EIN (Employer Identification Number) is 35-1718781. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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