The Gibbs Foundation Inc

Foundation · Grantmaker Louisville, KY EIN: 46-5391268

THE GIBBS FOUNDATION'S PURPOSE IS TO PROVIDE FUNDS TO ORGANIZATIONS QUALIFYING AS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS STIPULATED BY THE GIBBS FOUNDATION CRITERIA.

Key facts about The Gibbs Foundation Inc

EIN
46-5391268
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,215,000
Grants made (2024)
5
Average grant
$443,000
Median grant
$200,000
Total assets
$953,760
Primary geography
Kentucky (97% of itemized 2024 grant dollars)

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

Who The Gibbs Foundation Inc funds

By grant dollars, the top recipient states for The Gibbs Foundation Inc's 5 itemized 2024 grants were Kentucky (97%). The most frequent recipient cities were Louisville, KY (4 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Further the Organization's Exempt Purpose" (5 grants).

How The Gibbs Foundation Inc gives

  • Giving grew 191% from 2021 to 2024. Method

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

Next steps with The Gibbs Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$954K

Annual Giving

$2.2M

Grant Count

5

Avg Grant Size

$443K

About The Gibbs Foundation Inc

Based on IRS filings

The Gibbs Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Louisville, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $954K in total assets. In 2024, it awarded 5 grants totaling $2.2M. Net investment income was $129K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 5 itemized 2024 grant dollars.

Cities

LouisvilleMissoulaCrittenden

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$619K$1M$2M$2M202120222024
Metric202420222021
Total Assets$953,760$2,152,399$2,432,221
Revenue$2,074,215$867,766$143,627
Expenses$2,249,948$1,147,612$788,090
Qualifying Distributions———
Net Investment Income$129,215$14,158$143,627
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$554K$1M$2M$2M4 grants20215 grants20225 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

University of Louisville Foundation: $1.3MUniversity of LouisvilleFoundation$1.3MUSA Cares Inc: $500KUSA Cares Inc$500KKilgore Samaritan Counseling Center Inc: $200KKilgore Samaritan CounselingCenter Inc$200KThe Morton Center: $150KThe Morton Center$150KNational Museum of Forest Service History: $70KNational Museum of ForestService History$70K

Grant Size Distribution

14 grants across all recorded years

1<$50K3$50–100K7$100–250K$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of Louisville Foundation ($1,295,000), USA Cares Inc ($500,000), Kilgore Samaritan Counseling Center Inc ($200,000).

RecipientPurposeAmount
UNIVERSITY OF LOUISVILLE FOUNDATION Louisville, KYTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE$1,295,000
USA CARES INC Louisville, KYTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE$500,000
KILGORE SAMARITAN COUNSELING CENTER INC Louisville, KYTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE$200,000
THE MORTON CENTER Louisville, KYTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE$150,000
NATIONAL MUSEUM OF FOREST SERVICE HISTORY Missoula, MTTO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE$70,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Hannah Roquet — Secretary: $13KHannah RoquetSecretary$13K

From 2024 IRS filing

NameTitleHoursCompensation
Jack a Moss JrDirector1—
Hannah RoquetSecretary1$12,750
Lee GrozaChairman/Treasurer1—
Ann D SchellVice Chairman1—
James E Moore IIIDirector1—
Ivan SchellDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Gibbs Foundation Inc?

The Gibbs Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Louisville, KY. It holds $954K in total assets as of 2024.

How large is The Gibbs Foundation Inc?

As of 2024, The Gibbs Foundation Inc holds $954K in total assets with $2.1M in annual revenue. It awarded 5 grants totaling $2.2M in 2024.

Where does The Gibbs Foundation Inc operate?

The Gibbs Foundation Inc has awarded grants in Kentucky, Montana.

What size grants does The Gibbs Foundation Inc award?

In 2024, The Gibbs Foundation Inc awarded 5 grants totaling $2.2M — an average of about $443K per grant, based on its IRS Form 990 filings.

What is The Gibbs Foundation Inc's EIN?

The Gibbs Foundation Inc's EIN (Employer Identification Number) is 46-5391268. IRS Form 990 filing data is available on this page for 2021–2024.

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

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