The Gilbert Foundation Inc

PROSPECT, KY EIN: 61-1374986

The Gilbert Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROSPECT, KY. IRS filing data is available from 2020 through 2024. In 2024, it awarded 12 grants totaling $1.0M. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$1.0M

+2458.9% YoY

Grant Count

12

-7.7% YoY

Avg Grant Size

$86K

+2672.1% YoY

Under IRS private-foundation payout rules, The Gilbert Foundation Inc reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.

About The Gilbert Foundation Inc

Based on IRS filings

The Gilbert Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROSPECT, KY. IRS filing data is available from 2020 through 2024. In 2024, it awarded 12 grants totaling $1.0M. Net investment income was $18K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

LagrangeLexingtonLouisvilleMt WashingtonProspect

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$285K$569K$854K$1M20202021202220232024
Metric202420232022
Total Assets$911,067$823,485
Revenue$14,012$22,186$82,863
Expenses$1,034,735$46,910$35,422
Qualifying Distributions$1,029,164$42,881$32,515
Net Investment Income$18,446$22,206$82,863
Distributable Amount$35,835$41,294$43,299

Giving Over Time

Total grant dollars and number of grants per year

$0$257K$513K$770K$1M11 grants202014 grants202110 grants202213 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DICK GILBERT CHARITABLE …$987KBOY'S & GIRL'S HAVEN$5KLYPC CO THE COMMUNITY FO…$5KLIGHTHOUSE PROMISE INC$5KKENTUCKY HUMANE SOCIETY$4KPARKLANDS OF FLOYDS FORK$4KBEST BUDDIES IN KENTUCKY$3KHEUSER HEARING & LANGUAG…$3KLOUISVILLE FREE PUBLIC L…$3KVIPS$3K

Grant Size Distribution

60 grants across all recorded years

59<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Dick Gilbert Charitable Fund ($987,319), Boy's & Girl's Haven ($5,000), Lypc Co the Community Foundation of Louisville ($5,000).

RecipientPurposeAmount
BEST BUDDIES IN KENTUCKY LOUISVILLE, KYEDUCATIONAL - LEADERSHIP DEV & SCHOOL FRIENDSHIP$3,000
BOY'S & GIRL'S HAVEN LOUISVILLE, KYEDUCATIONAL - BGH EQUINE PROGRAM$5,000
DICK GILBERT CHARITABLE FUND PROSPECT, KYDICK GILBERT CHARITABLE FUND DONOR ADVISED FUND$987,319
HEUSER HEARING & LANGUAGE ACAD LOUISVILLE, KYEDUCATIONAL - SIUMMER LITERACY PROGRAM$3,000
KENTUCKY HUMANE SOCIETY LOUISVILLE, KYANIMAL - OPERATIONAL FUNDING$4,000
LIGHTHOUSE PROMISE INC LOUISVILLE, KYEDUCATIONAL - STEM SUPPLIES$4,500
LOUISVILLE FREE PUBLIC LIBRARY FOUNDATION LOUISVILLE, KYEDUCATIONAL-SUMMER READING PROGRAM$3,000
LYPC CO THE COMMUNITY FOUNDATION OF LOUISVILLE LOUISVILLE, KYEDUCATIONAL - LYPC OPERATIONS$5,000
OPERATION PARENT LAGRANGE, KYEDUCATIONAL - 21ST CENTURY PREVENTION PROGRAM$2,000
PARKLANDS OF FLOYDS FORK LOUISVILLE, KYENVIRONMENTAL - S.E.E.D EDUCATIONAL PROGRAM$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CANDACE G MEDINAEXECUTIVE DIRECTOR$3K

From 2024 filing

NameTitleHoursCompensation
CANDACE G MEDINAEXECUTIVE DIRECTOR4$2,545
ROGER J MEDINASECRETARY/TREASURER2
ELIZABETH EWENDIRECTOR2
JANICE M JEWELLDIRECTOR2
DENIS JEWELLDIRECTOR2
BRIAN JEWELLDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Gilbert Foundation Inc?

The Gilbert Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROSPECT, KY. It holds — in total assets as of 2024.

Where does The Gilbert Foundation Inc operate?

The Gilbert Foundation Inc has awarded grants in Kentucky.

What size grants does The Gilbert Foundation Inc award?

In 2024, The Gilbert Foundation Inc awarded 12 grants totaling $1.0M — an average of about $86K per grant, based on its IRS Form 990 filings.

How much is The Gilbert Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gilbert Foundation Inc reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Gilbert Foundation Inc's EIN?

The Gilbert Foundation Inc's EIN (Employer Identification Number) is 61-1374986. IRS Form 990 filing data is available on this page for 2020–2024.

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

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