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Filing year 2024

THE GIBBS FOUNDATION INC

Louisville, Kentucky·EIN 46-5391268·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(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 · Part VII & 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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE GIBBS FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

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.

Pay for the position

Board Member pay rose 100% from 2022 to 2023, while revenue rose 157%.

$200 in 2022 to $400 in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE GIBBS FOUNDATION INC

What are THE GIBBS FOUNDATION INC's revenue and expenses?

In 2024, THE GIBBS FOUNDATION INC reported $2.1M in total revenue and $2.2M in total expenses on its IRS Form 990.

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