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Filing year 2024

THE GILBERT FOUNDATION INC

Prospect, Kentucky·EIN 61-1374986·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$14k
Total assets
$0
Total expenses
$1M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Kentucky.

Executive Director
Below 10th percentile
$3k
$3k

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 GILBERT FOUNDATION INC equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.2%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1M

Itemized grants

12

Median grant

$4k

RecipientLocationPurposeAmount
DICK GILBERT CHARITABLE FUNDPROSPECT, KYDICK GILBERT CHARITABLE FUND DONOR ADVISED FUND$987k
BOY'S & GIRL'S HAVENLOUISVILLE, KYEDUCATIONAL - BGH EQUINE PROGRAM$5k
LYPC CO THE COMMUNITY FOUNDATION OF LOUISVILLELOUISVILLE, KYEDUCATIONAL - LYPC OPERATIONS$5k
LIGHTHOUSE PROMISE INCLOUISVILLE, KYEDUCATIONAL - STEM SUPPLIES$5k
KENTUCKY HUMANE SOCIETYLOUISVILLE, KYANIMAL - OPERATIONAL FUNDING$4k
PARKLANDS OF FLOYDS FORKLOUISVILLE, KYENVIRONMENTAL - S.E.E.D EDUCATIONAL PROGRAM$4k
BEST BUDDIES IN KENTUCKYLOUISVILLE, KYEDUCATIONAL - LEADERSHIP DEV & SCHOOL FRIENDSHIP$3k
HEUSER HEARING & LANGUAGE ACADLOUISVILLE, KYEDUCATIONAL - SIUMMER LITERACY PROGRAM$3k
LOUISVILLE FREE PUBLIC LIBRARY FOUNDATIONLOUISVILLE, KYEDUCATIONAL-SUMMER READING PROGRAM$3k
VIPSLOUISVILLE, KYEDUCATIONAL-EARLY CHILDHOOD INTERVENTION$3k
SUMMERBRIDGE LOUISVILLELOUISVILLE, KYEDUCATIONAL - SUMMER PROGRAM$3k
OPERATION PARENTLAGRANGE, KYEDUCATIONAL - 21ST CENTURY PREVENTION PROGRAM$2k
Compare this foundation's grantees
Pay for the position

Chief Executive Officer pay fell 8% from 2023 to 2024, while revenue fell 37%.

$3k in 2023 to $3k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about THE GILBERT FOUNDATION INC

What does the Chief Executive Officer of THE GILBERT FOUNDATION INC earn?

In 2024, the Chief Executive Officer of THE GILBERT FOUNDATION INC received $2,545 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Kentucky: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE GILBERT FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Kentucky, the 2024 pay of the Chief Executive Officer at THE GILBERT FOUNDATION INC falls in the bottom 10%. In 2024, the highest total compensation at THE GILBERT FOUNDATION INC equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

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

In 2024, THE GILBERT FOUNDATION INC reported $14k in total revenue and $1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.