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Filing year 2024

THE GIBBS FOUNDATION INC

Louisville, Kentucky·EIN 46-5391268·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$2.1M
Total assets
$954k
Total expenses
$2.2M
Reported officers
6
Mission

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.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Secretary
officer (unspecified)
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Down 15%
from 2023

From $15k in 2023 to $13k in 2024.

$15k
2023
$13k
2024
In today's dollarsEst.
Down 18% in real terms$16k to $14k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE GIBBS FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$868k
$1.1M
2022
$2.2M
$3.3M
2023
$2.1M
$2.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Kentucky

Comparable philanthropy, voluntarism & grantmaking organizations in Kentucky pay their highest-earning executive a median of $12,825.

25th percentile
$6k
Median
$12,825
75th percentile
$30k
90th percentile
$60k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 78 organizations across 78 filings (2021 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Kentucky
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